Retailers all over the planet are gearing up for Black Friday and Cyber Monday, the legendary biggest shopping days of the year. We’ve identified the top four trends in online shopping and how retailers are getting ready.
1. Focus on Value
eTailers who show shoppers that they provide a great value – with product quality, service, reliability and competitive pricing – will be well positioned to take advantage of this widespread sentiment.
2. Get Social
If you’re already using these channels, now is a great time to test special offers and frequent engagement with your friends and followers. Haven’t yet dipped your toes in the social waters? Set up some listening platforms, watch what competitors are doing, and see if it might make sense for you to start a program in the next year.
3. Look to the Dailies
These daily deal sites aren’t just for restaurants and hotels. Many online retailers have jumped in the game, offering shoppers $20 for $40 deals that encourage them to visit their online stores and (ideally) spend even more.
4. Online & Mobile Shopping Increases
These shoppers can easily compare prices and deals, so ecommerce stores with well-optimized sites, easy to find products, pricing and shipping information are well-positioned going into this holiday season.
It’s not to late to make last minute tweaks or communications to make sure your store gets in on the holiday action.