SIBS’ Post

🛍️#BlackFriday is here! Got your shopping list ready? According to UK shoppers, these are the top priorities: 50% are all about "the best deals," 46% can't resist "lowest prices" and "free shipping," and a good chunk just want it to be "easy to return." As for "testing products in store" or "In-store experience," those seem to be less of a deal-breaker. The takeaway? On Black Friday, cheap is king! 🛒💰 So, what's your shopping priority? Let us know in the comments! 📊 More insight and charts are in our newsletter (link in bio)! #blackfriday #datavisualization #financialanalysis #personalfinance #financetrends #data

Driven by a fundamental improvement in the ability and willingness of consumers to spend, both November and December should turn out to be positive retail months in South Africa in 2024. However, the modest annual growth rates observed in volume and value of retail spending on Black Friday, confirm that the phenomena have migrated from a one-day event in its early years to be more of a month-long retail event.

Shoppers are looking for more than just discounts this #BlackFriday. To help you capture their attention, we've compiled 6 must-see tips that will improve your strategy and drive engagement. See what they are 🔍 https://hubs.ly/Q02ZNWlm0 #marketingtip #BlackFridayShopping #BlackFriday2024

The day after Thanksgiving, commonly referred to as #BlackFriday, has become one of the busiest shopping days of the year. This a cultural phenomenon that has shaped modern consumerism and many retailers have started the #BlackFriday sale a week before. For those who don't want to deal with malls and traffics, consider shopping locally during #SmallBusinessSaturday and online on #CyberMonday. Whether shopping at a business or online, here are some tips to navigate the crowds, stay safe and stress-free: 1️⃣Plan ahead and prioritize your must-have items 2️⃣Arrive early or shop online for deals. Read reviews before buying 3️⃣ Use only trusted website when shopping online 4️⃣Be vigilant and aware of your surroundings when out and about 5️⃣Beware of too-good-to-be-true deals. Happy shopping 🛍️💳 🛒 #BlackFriday2024 #SmallBusinessSupport #CyberMondayDeals #ShoppingSeason #ShoppingTips #ShopSmart #HolidayShopping #StressFreeShopping #DianaTracyStateFarm

#BlackFriday2024 highlights 🛍️📊 Black Friday 2024 outperformed an ordinary weekday but showed modest year-on-year growth, according to our data. Factors like pay day timing, and month-long promotions, may have influenced shopping behavior this year, according to Solly Bellingan, Head of Marketing at BankservAfrica. Catch all of our in-store and online shopping trends in this special report and infographic here: https://lnkd.in/d_3FkZ8W #datatrends #shopping #insights

The discount season is in full swing... but here's what retailers need to know about today's shoppers 👇 👀 They're more patient than you might think. Over 75% of consumers surveyed are willing to wait for prices to drop before making their purchase. The older the shopper, the more likely they are to hold off until that perfect deal comes along. How are you adapting to a shopper who's willing to wait? #RetailTrends #ShopperInsights #CustomerBehavior #RetailStrategy #DiscountSeason #ConsumerInsights #RetailTech #ShopperPsychology #BusinessGrowth #BlackFriday #CyberMonday

⚫ ◼️ Black Friday: Ecommerce Hunger Games - The Brutal Reality You already know that #BlackFriday started as a post-Thanksgiving shopping spree in the 1960s, but today, it’s a global ecommerce phenomenon hyped as the ultimate sales opportunity. Yet behind the buzz lies a brutal reality: *Success Isn’t Guaranteed* 😨 Many businesses falsely believe Black Friday will rescue a struggling webstore. The truth? It won’t! Here’s why: - If your website can’t handle traffic spikes, downtime could cost you up to $5,600 per minute. - If checkout isn’t seamless, 69% of shoppers abandon their carts, and your sales vanish. - If your customer experience falters, competitors are a click away, ready to claim your missed opportunities. At Worldpay, we prepare you for Black Friday like the #champion you are: ⚡ Scalable Payment Systems: Handle surges without a hiccup. 🛡️ Fraud Protection: Safeguard your customers and reputation. 🌍 Omnichannel Excellence: Create a flawless shopping journey, online and offline. Black Friday isn’t just about hype—it’s about #strategy. Only the prepared will thrive. We are your payments people. #worldpay #securepayments #ecommerceexcellence #BlackFridayReality #digitalpayments

Did you know Black Friday 2023 was the most popular day for in-store shopping in the U.S.? 76.2 million shoppers visited brick-and-mortar stores, up 4.5% from 2022! As we dive into this year's shopping season, remember to spend wisely and stick to your financial plan. Do you think 2024 will see even more shoppers? #FinancialFactFriday #BlackFriday #SpendSmart

💡The countdown to #BlackFriday2024 is on! What’s driving one of the biggest shopping extravaganzas this year? Some highlights: 🎯NRF projects a record $979B-$989B in holiday sales. 🛒1 in 10 consumers planning to shop in-store this year. 👩💻eCommerce remains unstoppable with double-digit growth expected again this year! ➡️Swipe to explore key trends, from the youth focus on purchasing fashion this Cyber Week to the rise of in-store shopping. The real pricing story across retailers this Black Friday? Stay tuned for our data driven analysis! #retail #ecommerce #cybermonday #blackfriday #pricing #analytics

With #BlackFriday upon us, #retailers should look to #data to inform discounting and promotional activity. A blanket approach to price cuts may no longer be the best route to success as understanding different groups of customers and their loyaly, purchasing regularity and order values will drive a wealth of new insights. "Since UK customers are already shopping heavily at this time of year in the run-up to the festive season, more dynamic and bespoke discounting for targeting new customers and building a robust loyalty strategy can be the golden ticket to long-term growth." More from Ben Warren on Direct Commerce 👉 https://soamp.li/m6tG.