Influence people

Wednesday, November 23, 2016

Brits Battle to Conquer Black Friday

Until recently in the UK, Black Friday referred exclusively to the Friday before Christmas, when everyone boozed until blacking out.

That changed in 2016, when a UK-based subsidiary of Walmart tried to import the Yanks' version of Black Friday.

It didn't quite take.

Brits' brick-and-mortar shopping on Black Friday has proven so tepid traditional retailers like John Lewis, Primark, Oasis, and Argos have downplayed the yearly shop-a-thon, or bagged it altogether (ASDA since 2016 went out of business).

The winners of the UK's version Black Friday?

Amazon and Alibaba.

To compete with these online giants, UK retailers need to get serious about web selling, says digital marketer Simon Williams. He urges them to:

  • Prepare their websites for a bevy of shoppers
  • Identify the most profitable social platforms and use them to promote discounts
  • Make videos a key part of social content
  • Create a dedicated hashtag, and
  • Simplify the online buying process
Lack of preparedness is costly, Williams notes. Last year, John Lewis lost £75,000 in online sales when its website crashed for 60 seconds.

BLACK FRIDAY BONUS: Check out Simon Williams' extraordinary infographic, The Winners and Losers in the Battle of Black Friday.

No comments:

Post a Comment

Powered by Blogger.