Introduction (3 mins)
Segment 1: BFCM Preparation Strategies (7 mins)
Segment 2: Email Marketing Best Practices for BFCM (10 mins)
Segment 3: Paid Media Strategies for BFCM (10 mins)
Segment 4: Website Optimization for Conversion (10 mins)
Segment 5: Integrating Email, Paid Media, and Website for a Cohesive Strategy (5 mins)
Segment 6: Real-Life BFCM Success Stories (5 mins)
Closing Remarks and Takeaways (5 mins)
Hey everybody.
2
:Welcome to the inaugural episode of
the Good, Fast, or Cheap podcast.
3
:My name is Devin Kincannon, and
I'm here with my colleagues,
4
:Nicole Barber and Marina Shmilo.
5
:Today, we are going to be talking
about all things Black Friday,
6
:Cyber Monday, and just November
promotions for e commerce companies.
7
:We're bringing this to you from
our agency, Golden Digital.
8
:Marina: This is Golden Digital, we're an e
commerce agency specializing in e commerce
9
:strategy, email marketing, paid media
advertisement, and website optimization.
10
:Devin: So this is our first podcast.
11
:We're going to be doing
these on a regular basis.
12
:We hope that you like it.
13
:It's a little awkward right now.
14
:We promise this is the
worst it'll ever be.
15
:Uh, all that said, we're really
excited to talk about Black
16
:Friday, Cyber Monday strategies.
17
:And now let's get into it.
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:Marina: So today's episode is
about Black Friday, Cyber Monday,
19
:the holidays are almost here.
20
:So we wanted to share some of
our knowledge and hopefully help
21
:Some of you, um, when it comes
to driving sales this season.
22
:So before we dive in a quick overview,
why Black Friday, Cyber Monday is
23
:so crucial for e commerce, Nicole, I
feel like this is totally your zone.
24
:Nicole: It is Black Friday.
25
:Cyber Monday is a very important time.
26
:Period.
27
:I mean, most sales usually for the
entire year are the vast majority come
28
:from the November, December time period.
29
:It's lead up to the holidays, obviously.
30
:And it's just a traditional
time for shopping.
31
:I think that that's definitely.
32
:Change over the last few years,
especially, whereas, you know,
33
:when we first started, uh, Black
Friday, Cyber Monday literally meant
34
:Black Friday, Cyber Monday, wait
until the night of Thanksgiving.
35
:I think now we're seeing things shift
into a longer time period, starting at
36
:the beginning of November, going all
the way through December in some cases.
37
:Exactly.
38
:Marina: Yeah, it certainly has changed,
especially in the post COVID world.
39
:I feel like it's completely
different for it used to be.
40
:And people are starting so
much sooner than they used to.
41
:It's no longer waiting for the 12 AM mark.
42
:People get going a week before that.
43
:But before we dive in into actual
strategies and how to help you optimize
44
:some of these things, Talk about the
importance of setting goals and making
45
:sure that you're ready for all of it.
46
:So starting with your inventory, you
have to keep in mind what you're pushing
47
:in those emails or paid media channels.
48
:What are you trying to sell
and do you have enough of
49
:it is anything out of stock?
50
:Like, are you ready for all of that
setting the goal of like, okay, well this
51
:year we would like to hit This number
and this is what we'd like to do is for
52
:sales conversions, things like that.
53
:So that, you know, setting a goal
is the first step to, to, to going
54
:exactly where you're trying to go.
55
:Devin: I think the one thing that
I would say is that if you're
56
:a newer business, just starting
out, like you don't really know.
57
:Where you're going to land in the next
couple of months, mature businesses
58
:that have been around a little bit.
59
:I mean, obviously you should be
forecasting your, your sales and
60
:your revenue every month based
around like all the activities
61
:you have going on promotions, new
products, launch, all that stuff.
62
:But yeah, I mean like this, these
couple of months in particular being
63
:that they're so critical for like your
whole year number, I think it makes
64
:a ton of sense to try to set like
some stretch goals as far as like.
65
:Sales, revenue, and that should
trickle down into your investment in
66
:your individual marketing channels.
67
:So we'll talk a little bit more about
that as we get into some of the different
68
:channels and the strategies there.
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:If you want to do a big number
this month, you have to kind of
70
:put planning money and execution.
71
:Into all these different areas that
you expect it to kick off to the whole.
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:Marina: Yeah.
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:Yeah, absolutely And the biggest channel
right now is email marketing When it
74
:comes to this holiday season and can't
underestimate that Um at all and I know
75
:there's a lot of strategy when it comes
to putting the right content out there
76
:So nicole, let's talk about the pre
black friday cyber monday And what do
77
:you think the best strategy for that
time the two weeks the months leading up?
78
:You To the holiday.
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:Nicole: I think it's much further along
and depending on the type of business,
80
:like Devin said, with product based
businesses, and especially if you're a
81
:mature business, you really should look
at almost a year in advance, what your.
82
:Um, promotions would be for black
Friday, because if you are actually
83
:buying into product for black Friday,
you obviously want to develop that and
84
:have that be at the lowest cost possible.
85
:That makes sense to drive margin.
86
:If you're doing something
like a loss leader.
87
:Door busters, things like that, that
we've seen work especially well, that's
88
:almost a year in advance planning
process to make sure that you're getting
89
:product at the right cost to be able to
sell that and to drive traffic overall.
90
:I think leading up into
Black Friday, Cyber Monday.
91
:Uh, your promotions should really
be solidified sometime around July,
92
:um, is usually what we recommend.
93
:Obviously that's not always possible
depending on the size of your
94
:business, um, where you are as a
business, number of different factors.
95
:When it comes to actually Implementing
even as early as September, um, when
96
:it comes to email and beyond that,
you're going to want to make sure, or
97
:before that you're going to want to
make sure that you have your sending
98
:requirements, obviously buttoned up any
sort of DNS records or anything that
99
:would hinder your ability to be sent.
100
:sent directly into the inbox, um,
especially over this time period where
101
:you're sending multiple emails, daily,
sometimes multiple emails, reminder
102
:emails, you should start to ramp up
even win back campaigns, um, which we
103
:usually suggest, uh, sometime beginning
of October, end of September as well.
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:Anyone who's lapsed in
your subscriber list.
105
:So they haven't purchased in.
106
:Let's say, you know, depending on your.
107
:Again, type of business, but
somewhere around six months
108
:usually is what we would suggest.
109
:You start to incentivize people to
come back, re engage in your emails.
110
:So it could be sending them
some type of incentive.
111
:Doesn't have to be a straight
percentage off, but it could be
112
:something like free shipping.
113
:Could be a free gift.
114
:Um, could be, Early access to some kind
of product drop, something that is more
115
:enticing than a standard newsletter
email sometime around two, six weeks,
116
:two months out from actual black Friday.
117
:And then once you actually get into
October, updating your messaging
118
:to actually start directly speaking
to black Friday and cyber Monday.
119
:So your email capture,
your pop up, your email.
120
:Forms anywhere where you're capturing
email, um, speaking directly to
121
:early access to Black Friday,
first to know that type of thing.
122
:Um, that messaging really works well
to help grow email lists so that
123
:you're able to speak to customers
during that pivotal time of the year.
124
:Marina: When it comes to the
right message, what do you
125
:think is the best practice here?
126
:Is this, this stressing All over
again that, you know, we have the
127
:best sale coming up is, is the
like, Hey, inventory is running out.
128
:What are your thoughts on like the
best compelling message out there?
129
:Nicole: Well, pre black Friday,
it's really around early access.
130
:Um, because I think shoppers
are now conditioned.
131
:They understand that things
sell out, you know, like.
132
:Over this time period where
you're having, you know, so much
133
:traffic, um, inventory is limited.
134
:I think it's a mix of those types
of things around early access.
135
:We are going to sell out.
136
:We don't have that much inventory.
137
:You want to be the first to buy.
138
:That will help to, to build your
list going into black Friday.
139
:I
140
:Devin: mean, obviously we've
talked about, but it seems like.
141
:Black Friday, Cyber Monday, or just
the whole month of November really is
142
:fair game for being super promotional.
143
:And it's really turned
into an arms race, right?
144
:Where like, you know, retailers or
low to give up the margin by being so
145
:promotional all month, but at the same
time, if your competitors are all doing
146
:this and you're not, you know, likely
you're missing out on opportunity.
147
:What are some things that.
148
:People can potentially do short
of like the ubiquitous site
149
:wide percent off discount that
can still drum up anticipation.
150
:I mean, you know, how complicated
can these promotional strategies get?
151
:Nicole: I actually would keep it simple.
152
:Could be you use other types of, uh, It
doesn't have to be a straight percent
153
:off the entire site kind of situation,
though I do think that there's a
154
:place for that, especially on cyber
Monday for a shorter period of time.
155
:But if you're extending black Friday, I
would tear out the promotions even, or.
156
:Schedule them throughout the month.
157
:So you're having different types of
messages build up to black Friday.
158
:So, um, it could be, you know, maybe
in your first week, it's a free gift.
159
:I do think shipping
promotions layered on top of.
160
:Uh, some type of financial, you
know, promotion is a good way to go
161
:to mix up promotions, but I think
where you get into trouble is when
162
:you start to layer three, four or
five different types of promotions.
163
:And we start to see, we have seen people
do that thinking that it's going to drive.
164
:More volume, but you have to be quick.
165
:You have to be fast and you have to
grab somebody's attention right away.
166
:And if you've got, you know, an essay
and your copy, uh, promotion where
167
:you're having to explain multiple
different things, uh, you're not
168
:going to grab anyone's attention.
169
:So I mean, especially over black Friday
and cyber Monday, which I think we'll get
170
:into like creative best practices, but
keep it short, keep it short and simple.
171
:If you have a longer.
172
:Black Friday promotional time period.
173
:Schedule out your promotions
to build on top of each other
174
:and one and start another.
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:Marina: Yeah, so when it comes to
the perfect email template for Black
176
:Friday, Cyber Monday, weeks leading
up to it, in short, what is your ideal
177
:template, starting with the headline?
178
:Nicole: With like subject line and
preheader, personalization, keep the offer
179
:in the subject line, in the preheader,
I often Recommend and have seen work
180
:a really straightforward, impactful
graphic at the top of the email says
181
:exactly what the promotion is because
you have to remember, you don't have
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:to give away everything in the email.
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:The point of the email is to get
visitors to click through and see
184
:more things like mystery discounts.
185
:We've seen work really well before
entices clicks, just a straightforward
186
:graphic at the top of the email.
187
:You know a dark background white text
you make a flash even Um, and then
188
:product below so, uh, I that's usually
what I recommend for black friday
189
:Something at the top that grabs the
attention and then a product grid below
190
:Of a straightforward product shots.
191
:Even you can mix those messages
in throughout the month, but your
192
:black Friday email that goes out
to announce that promotion, that's
193
:your time to incentivize the clicks.
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:Marina: And in your opinion,
where should this email.
195
:Be going to, is this going to the
homepage, the product page, the collection
196
:page, or are we talking landing pages?
197
:Nicole: It depends on your type of
products and your type of business.
198
:So, um, if you are, let's say an
apparel business that has hundreds of
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:SKUs, different types, tops, bottoms,
dresses, things like that, you might
200
:want to look into some type of.
201
:Landing page that, uh,
breaks out different types of
202
:categories, things like that.
203
:The only thing about landing
pages is that you really have to
204
:make sure that they're shoppable.
205
:And when we build out landing pages,
we make sure that we've got a mix of
206
:lifestyle, photography and product
carousels, product grids, add to cart
207
:directly from the page kind of thing.
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:You don't want to add a lot of
clicks to get to add to cart.
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:If you are a business that
has less products, drop them
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:right into a shop all page.
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:You know, if you've got 10 or less
products, drop them right into a category
212
:page, unless you have a product that needs
a lot of explanation, that type of thing,
213
:but you're already talking to people.
214
:Usually that at least from email, you're
already talking to people that have
215
:some base knowledge of your product.
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:It could be different for ads.
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:Marina: Yeah.
218
:And I can tell you from a consumer
standpoint, there's nothing that annoys
219
:me more if I get an email for sale
for black Friday, and there's an item
220
:there that maybe I am looking forward
to purchasing, and then you click on it
221
:and you get to like some kind of general
page that just has a whole lot of stuff.
222
:And it's not what I was, that's not
what was advertised in that email.
223
:So that's an immediate.
224
:Exit I'm out.
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:I don't have time for this.
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:We know how How little patience people
have right now to shopping online.
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:So yeah, definitely people
have to keep this in mind
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:Nicole: Yeah, and to devon's point earlier
too around inventory It is definitely
229
:a bounce if you're promoting any sort
of products, whether that be ads email,
230
:whatever else when someone clicks So I
think we've all this has happened to all
231
:of us where we've clicked on something
that has come up in an ad Clicked it.
232
:Oh, it's sold out.
233
:Oh, we just won You Get me to the site.
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:I won't fall for that again.
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:And I think a lot of consumers are that
way where it just leads to frustration.
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:Marina: Yeah, for sure.
237
:And when it comes to that black Friday,
Cyber Monday sale, either one of them,
238
:once somebody has purchased something,
let's say I did open an email or maybe it
239
:was one of the ads and I bought something,
do you guys think there's a potential?
240
:To keep that going that momentum and
keep selling to that person or is this
241
:like a one and done and that's it is
there is there a way to continue that
242
:that relationship with the customer.
243
:Nicole: And you're going to definitely
want to be collecting email addresses.
244
:Like we mentioned, email is
still a really important channel.
245
:I think there's been a lot of
discussion about this in the last
246
:few years about whether or not email
is as important as it used to be.
247
:We definitely see through working with
our clients that this is one of the
248
:main channels, um, still to this day.
249
:And it's, it's a consistent way
to be able to talk to people,
250
:make sure that like when somebody.
251
:Is making purchase over black, collect
an email address that they're signing
252
:up for, uh, marketing emails and SMS.
253
:There are some strategies that you can
employ directly after black Friday too.
254
:Um, they're obviously going to
fall into your welcome series.
255
:That's one thing that you want to make
sure prior to black Friday as well, is
256
:that your welcome series is up to date.
257
:You've got the best photos in there.
258
:It's all still relevant.
259
:You've got a series, not just one
email, um, that drip out over time.
260
:That's really important having
something to talk about.
261
:And this is oftentimes what I
tell our clients to, like, if
262
:you have a new product drop.
263
:Or something, you know, maybe a
new color in a best selling style.
264
:I like to, to drop that directly
after Cyber Monday so that you
265
:have something to talk about.
266
:No matter what you do,
you're going to see a slump.
267
:Post cyber Monday.
268
:It's just how bad is
that slump going to be?
269
:Um, and I think that there are things
that you can do, like making sure that
270
:everybody is signed up for your email
list, that you're able to talk to
271
:people in a variety of different ways.
272
:Um, and then you have something to
talk about directly after black Friday.
273
:And it, it's not, you're
not going to see that.
274
:Volume through December, likely, unless
you have a major drop or something that
275
:people are really looking forward to.
276
:But, um, you can mitigate
some of the slump.
277
:Devin: You know, my favorite, uh, post
black Friday, cyber Monday, uh, promotion
278
:is kill a couple of birds with one
stone sale on sale, baby, even cheaper.
279
:Like you can, you can use it as a, as just
like a psychological driver to get people
280
:to the site because people obviously love
deals, especially during this time of
281
:year, but also, I mean, if you were trying
to clear your books of old inventory,
282
:that's just not moving at normal rates,
it's a great way to kind of like get off
283
:of some old inventory, even if it's not at
the margin you were initially hoping for.
284
:But I mean that product just sitting
around gathering dust in your warehouse
285
:isn't really helping anything.
286
:And Nicole, to your earlier point about
email and just like how important it is.
287
:I can tell you, you know, being
more on like the paid ads and.
288
:Or, you know, organic search side
of things that it's more important
289
:than ever because we're seeing
just across the board, organic
290
:traffic to websites go down.
291
:Like it's, it's just
getting more competitive.
292
:The Googles of the world are publicly
traded companies that like have investors
293
:that they need to report profit to.
294
:They're not exponentially
growing the amount of people
295
:that are using their products.
296
:So the only way that they can
report greater earnings every year.
297
:is to make more money from
their existing audience base.
298
:That means that less
stuff happens for free.
299
:You're getting less, you know,
like clicks coming through in your
300
:organic search traffic, you're
getting less organic, uh, social.
301
:Traffic to your site.
302
:And a lot of times you, you
can't buy your way to heaven.
303
:I mean, as much as like, I love running
me some ads that we, we do a ton of
304
:that over here at golden, you need like
a good multi channel mix of traffic to
305
:be able to kind of get, be profitable.
306
:Um, it's hard to do it with just
like one thing working really well.
307
:Marina: Yeah.
308
:And here's a warning to brands that
often do sales all the time, nonstop
309
:throughout the year, because that's
maybe the best way you can sell your
310
:product and you, well, maybe it's not
the best way, but you've got your goal.
311
:Customer certainly hooked on doing sales.
312
:If you're constantly doing sales,
it's a sale because it's a Friday.
313
:It's a sale because new
stuff dropped or whatever.
314
:You're going to have a harder time
getting people to purchase on the
315
:black Friday set sale because it's
like, well, I just bought the sale.
316
:So be careful with how much.
317
:You promote products
on the discount basis.
318
:Be careful with doing sales too often.
319
:Save it for these occasions such
as Black Friday, Cyber Monday.
320
:So you can really get people waiting
and anticipating for, Oh my God, there's
321
:going to be a major sale on sale or
whatever else you got up your sleeve.
322
:Nicole: Absolutely.
323
:Marina: Well, I mean, I think it's
important to understand that people
324
:That comes to your website for the
first time during black Friday.
325
:It's a different segment than
those that are, they know your
326
:brand, their loyal customer.
327
:And oftentimes you have to speak
to these people differently.
328
:So make sure you have the right segments.
329
:You understand that these
were the holiday shoppers.
330
:They just came in because
maybe they Googled a product.
331
:They want, and they landed on your
website and you happen to have the
332
:best sale and they purchased it.
333
:So I agree with Nicole that having
that welcome series, having the
334
:best conversation from that point
on and treating that person as
335
:the new customer, you really
want to introduce your brand to.
336
:is really important to,
to keep them longterm.
337
:So totally, um, agree with you, but I'm
sure down paid media is tough around
338
:the holiday season because everyone
is dropping money into promotions
339
:and everyone wants their product
at the top and the most visible.
340
:So, um, tell me, how do you handle
the, the competition around paid media?
341
:Devin: Yeah, for sure.
342
:That's a great question.
343
:You know, CPM is definitely go up
as we get into this time of year
344
:because everybody's kind of been
sandbagging their budgets a little bit.
345
:Marina: And for people that don't
know what a CPM is, what is that?
346
:Devin: Oh, sure.
347
:CPM costs per thousand, right?
348
:So like, you know, how much you pay
to get a thousand impressions, like
349
:your ad in front of a thousand people.
350
:Inventory is inventory.
351
:Like there's a There's only so many
impressions that you can serve based
352
:on the amount of times people are
hitting your site and the page views
353
:they have, et cetera, all the potential
places that you can serve an ad,
354
:especially, uh, in election years,
like we have going on right now.
355
:Like you have the, the dual situation
of like one, we're getting into like the
356
:most expensive time of year for people
to advertise, but additionally you're,
357
:we're also duking it out with, you
know, every politician under the sun.
358
:that wants to get their message in front
of people up until we get to the 5th of
359
:November and hopefully, uh, put a fork
in this thing and move on with our lives.
360
:Right.
361
:I mean, to that end, outside of just like
the, the incremental costs that you're
362
:likely going to see this year, the returns
are also incrementally better, especially
363
:if you have a good promotional strategy.
364
:And, and one of the most important
things I would say is making sure
365
:that you That there's alignment
between all of your marketing channels
366
:as far as like, all right, we have
this promotion going on this time.
367
:We're going to set up the ads to run
from here to here, you know, or even
368
:if you have evergreen ads running,
you're just changing the copy to
369
:reflect that like, Hey, this promotion
is happening at the same time.
370
:And I would say that evergreen
ads are good to keep around.
371
:I think I talked about that a little
bit more in a couple of minutes,
372
:but, um, yeah, there should be like
synchronization between what's happening
373
:in email You're on site messaging and,
and all of your other different marketing
374
:channels that you're, you're leveraging.
375
:Marina: For sure.
376
:I mean, you're probably, uh, well,
like Nicole said, you have to
377
:start out so early when it comes
to black Friday, ideally in June.
378
:What about paid media?
379
:When do you start advertising?
380
:Devin: For sure.
381
:So, you know, we're, we're a little,
it's a little bit more easy on
382
:the paid media side, just because.
383
:Aside from like, you know, developing
creative, which can take some time, um,
384
:and you're going to need assets from,
from clients, or you're going to need
385
:to produce, you know, video photography,
whatever you're doing to kind of like
386
:message these promotions, there's really
like Five important time periods that
387
:we think about, you know, in this case,
anywhere from like the beginning of
388
:the November to like the first week
or so of November seems to have become
389
:like the de facto starting point for
like when people get promotional and
390
:start talking about like, Hey, you
know, we've got incredible deals or
391
:we're doing this or the other thing.
392
:So like really that's when it starts.
393
:And, and
394
:Marina: don't do it before Halloween.
395
:Devin: When do you want to, when do you
want to, um, Think that they're going
396
:to make that jump to all of a sudden.
397
:It's like middle of October is
fine to start talking about.
398
:I
399
:Marina: mean, there are Christmas
trees all over the stores, so I
400
:don't even know what's early anymore.
401
:Devin: Yeah.
402
:Nicole: No, it's like the
meme going on right now.
403
:It's like at midnight on the 31st.
404
:So
405
:Marina: yeah,
406
:Devin: we're ready.
407
:I mean, You know, whatever our clients
tell us to do, we're going to make it.
408
:Oh, I
409
:Marina: thought you mean
you have the tree up.
410
:Okay, good.
411
:No, not that.
412
:I
413
:Devin: love
414
:Nicole: tomorrow.
415
:There you go.
416
:Devin: Um, so yeah, I mean like really
like November 1st, like all bets are off.
417
:You are ready.
418
:If you want to start getting promotional,
talking about holiday, I think you're
419
:ready to do so to Nicole's earlier
point, like having kind of like a
420
:promotional calendar where you're
like giving people things, but like
421
:you're kind of saving your, the
best for last, that's typically the
422
:strategy we see be the most successful.
423
:Um, some people just elect to like.
424
:Hey, we're going to do this discount.
425
:We're going to run it for the whole month.
426
:Um, I think you miss out on some
messaging opportunities with that
427
:because like, once everybody sees that,
it's like, well, I can just buy this
428
:anytime during the month, but yeah.
429
:So anywhere up to black Friday running,
whatever, you know, promotions you have,
430
:maybe it's like a buy one, get one, um,
you know, percent off of a category,
431
:whatever, typically black Friday thing
that we've seen work best, just like a
432
:Sitewide significant discount, right?
433
:Like take, you know, 30 percent off
of all your purchases, whatever.
434
:Cyber Monday.
435
:Just to drum up activity, we'll
see like kind of the second best
436
:offer that that's pretty common too.
437
:Like you'll get something that's
good, but probably not as good of a
438
:discount or offer as black Friday.
439
:And then we've got the
Christmas shipping cutoff.
440
:That's like another opportunity to
kind of like be promotional and kind
441
:of drive urgency around like, Hey, you
know, you can only order this for so
442
:much longer before it's not going to
get there in time for the holidays.
443
:And then the final time period, uh,
and this is like in the, that doldrums,
444
:like once you hit like the 14th or
15th of November, sometimes going up to
445
:the 17th, 18th, like you, it's hard to
guarantee that your, your goods are going
446
:to get there in time for the holiday.
447
:So that's the time that a lot of
people elect to kind of do that sale
448
:on sale, you know, just, it's, you're
not going to see the numbers that you
449
:did before, but it's just a good way
to get people to the site and move
450
:off of old inventory at a discount.
451
:Marina: Yeah, keep trying.
452
:Why not?
453
:Um, well, I mean, Devin, you're in
paid media and it calls in an email.
454
:Do you guys align your
strategies for this time?
455
:Should you advertise the same Promotions
products or do you like target different
456
:messaging for different channels?
457
:How does it all work together?
458
:Devin: There's definitely alignment.
459
:We've seen people do like channel
specific strategies before but like
460
:the general best practice is that like
all your channels are singing the same
461
:song and kind of like You You know,
just being synergistic with each other.
462
:So if somebody like clicks on email,
looks at something, doesn't buy, you know,
463
:we've, we fired a bunch of events about
that person back into the ad platforms.
464
:We know that they looked at this thing,
you know, we can hit them with, uh, just
465
:any number of different campaigns that
are either going to show them that product
466
:or have a message, you know, that's like,
Hey, we, we think this would be great.
467
:Here's another reason why
you should think about it.
468
:Thinking a little bit about creative.
469
:Actually though, I'd love to like
segue into that if it's okay.
470
:Yeah.
471
:Yeah.
472
:Marina: Yeah.
473
:Give us some best practices there.
474
:Devin: Sure.
475
:So one thing that seems a little
bit counterintuitive, but actually
476
:like works really well is just
leave your evergreen ads running.
477
:Like if you have ads that are just top
performers, like for a long period of
478
:time, you don't always have to just turn.
479
:Everything that was working off and, you
know, start with fresh campaigns that
480
:are strictly speaking, promotionally,
like what you can do is you can just
481
:like update, copy, um, within the ads
or, or just make subtle changes that
482
:talk about the promotion, you know,
not like completely start from scratch.
483
:Because what ends up happening is,
is if you roll out like brand new
484
:campaigns or brand new ads, you're
like resetting the clock on learning.
485
:Like, you know, the ad platforms are
going to have to figure out, you know,
486
:what this message is, who it resonates
with, who to serve impressions to.
487
:And then really it'll take some
time to get that dialed in.
488
:And that can be tough, especially when
some of these promotions that we're
489
:talking about don't last a long time.
490
:Like, you know, if you have a flash sale
going on that's like two or three days,
491
:you won't even get a new campaign out
of like the learning period for that.
492
:So it seems counterintuitive, but we
definitely suggest getting creative that
493
:messages promotions out there, but it
should be in addition to not, you know,
494
:in, Replacement of, if that makes sense.
495
:Another thing that can be a
little counterintuitive, uh, but
496
:specifically if you're doing ads
that are just messaging promotions,
497
:like, Hey, we've got this big sale.
498
:We see that we see that static
ads typically work better for
499
:that than video a lot of times.
500
:Um, you know,
501
:Marina: isn't, isn't usually video.
502
:Better performing.
503
:I mean, we recommend
504
:Devin: having a pretty good mix of
different creative within accounts.
505
:And there's, it's hard to make
unilateral, like, Oh, this one thing
506
:that works great for one account
might not work as well for another.
507
:Right.
508
:But like, you know, we're, we're always
like testing things and trying to
509
:identify like, whether it's like, you
know, statics or video or different
510
:hooks, you know, product features, social
proof, all like the tried and true ad
511
:formats and hooks that work really well.
512
:Um, but yeah, static ads where you
can just like kind of overlay some,
513
:some tech, some graphics, text, and
dot wax onto, you know, like product
514
:imagery or beautifully shot lifestyle.
515
:Photography seems like it works really
well where you're just saying, Hey, like
516
:30 percent off site wide, you know, cool
picture in the back as the background.
517
:Um, and kind of you're off to the races.
518
:And even when it comes to that, like
if you are going to do promotional
519
:stuff and you haven't done.
520
:Uh, like photography or video
specifically for the holiday season.
521
:What we would tell you is, is look at
some of your best performing static
522
:and video ads from the last, you know,
90 days, 180 days, and just create
523
:a holiday version of that ad or like
a promotional version of that ad.
524
:Uh, you know, you don't have to like,
kind of reinvent the wheel here.
525
:Like things that have worked in the past
will work well, especially if you're kind
526
:of adding a promotional element to them.
527
:For videos, you can make some animated or
static batter or static banners and kind
528
:of place them on top of some of those
like existing creatives that that have
529
:worked well in the past, just like subtle
tweaks and not like reinventing the wheel.
530
:Marina: That makes sense.
531
:What about budget?
532
:Do you just do as much as
you can as high as you can?
533
:What's the best strategy?
534
:Devin: I mean, this is a lot
easier if you've got historical
535
:data to kind of draw on.
536
:It's not that things are
always static in the world.
537
:Right.
538
:But like, obviously we love data to
kind of drive our decision making.
539
:This year, I'm really curious to
see how things are going to do.
540
:I mean, obviously anybody that's
worked in e commerce or even just
541
:like, you know, is living in the
United States with the economy, like
542
:as it is, you It's definitely been
a tough time for a lot of folks.
543
:So, you know, you can make your best
assumptions based on data, but where
544
:the rubber meets the road, we don't
really know what's going to happen.
545
:So I think like, you know, you can
look at how much you spent last year,
546
:what you returned on that spend.
547
:And, you know, make a reasonable guess as
to what you should be spending this year
548
:based on whatever you're forecasting.
549
:Like, if you're forecasting, like,
how much you want to do in sales,
550
:each one of your marketing channels
should have a number attached to
551
:it that you expect it to kick up
based on last year's performance.
552
:Right?
553
:So, You know, that all the math has to
math and the numbers have to back out
554
:to, all right, if I expect Facebook ads
to do a hundred K in sales this month.
555
:then I know that I need to spend, you
know, maybe 25 or 30, 000 based on the
556
:ROAS that we saw this time last year.
557
:So that's, that's typically how we
think about budgeting is like starting
558
:with data, understanding like what's
happening now, what's happened in the
559
:past, and then making a best guess as
far as like, we need the channel to do X.
560
:So we're going to supply it with Y.
561
:And we feel good about that, but like
budgets are not, are never static.
562
:I mean, like if you get to the, you
get to the middle of the month and
563
:things are going really well, you know,
add, add budget, adjust accordingly.
564
:If they're not, you know, you can,
you can pull back a little bit.
565
:That's part of, of.
566
:Having good active management within
your ads accounts is like somebody
567
:should really be in there looking
at these things on a daily basis
568
:Especially during this time of year
569
:Marina: now, let's get into
a website optimization.
570
:So I know a lot of our clients Don't
do any kind of work leading up to
571
:the Black Friday cyber Monday because
you're afraid to mess anything up
572
:People go into code freeze just to
make sure once things are perfect and
573
:working, we just keep it this way.
574
:And that's probably the best strategy.
575
:But what I want to make sure everyone
understands is that if your website is not
576
:specifically set for mobile conversion,
you're going to lose a lot of money during
577
:this season because majority of people
are going to be shopping on their phones.
578
:You're going to get the email, the SMS.
579
:the ad served on Facebook or
Instagram, you're gonna go on your
580
:phone and look at the product.
581
:And it shocks me how many websites
still are not optimized properly,
582
:are not responsive enough when
it comes to mobile devices.
583
:Um, so yeah, make sure that you look
at that and your website is fast.
584
:Go through all the collection
pages, go through navigations.
585
:Things have to just, just
be seamless and flawless.
586
:So that's probably the number one tip.
587
:If I could give anyone and looking at your
checkout process, I think if it's not the
588
:holiday season, um, people are adding a
lot of the upsells cross sells into your
589
:checkout, your card and doing all of that.
590
:But when you're already
doing a lot on the.
591
:Promotional side all throughout your
website, your email, everywhere else.
592
:People are doing quick buys because
maybe your offer has to do around urgency
593
:and it's because inventory is running
out and you're trying to buy it fast.
594
:Don't overwhelm your customer.
595
:Don't do, don't put too much into
the cart when it comes to cross
596
:sells, upsells, all that good stuff.
597
:Keep it as simple as you
can to close that sale.
598
:Um, Because again, we're shopping a lot.
599
:You're probably not the only
brand I'm shopping with.
600
:So that ease when it comes to
checkout is, is really important.
601
:And ideally you started testing and
optimizing way before this point.
602
:And maybe you've done
even some AB testing.
603
:Maybe you know exactly what
works best for your customer,
604
:but keeping an eye on that data.
605
:As the sales start coming
in is also so important.
606
:So, so you can adjust in that moment.
607
:So ideally you have tools like hot jar
installed and you're looking at heat
608
:maps and you're understanding if there's
any pain points and you're reducing and
609
:removing in real time, because again,
this is not the time to just sit back.
610
:This is the time to actively
monitor a track and optimize.
611
:So make sure you're looking
at all of that data.
612
:All around the holiday season and you know
website is really the final piece because
613
:all these channels all roads You know,
they all lead to the, to that website
614
:sale that we're trying to close so much.
615
:And there's so many moving
pieces here between email and
616
:paid and website optimization.
617
:So if there was any advice we could
give somebody who's like, Oh my God,
618
:this is my first year maybe doing
the Black Friday, Cyber Monday.
619
:Where do I begin?
620
:Do I start with the website?
621
:Do I start with the paid?
622
:Where do I start in order to
get the most out of the season?
623
:Nicole: All of that.
624
:Marina: What's number one?
625
:Where do you, what do you do?
626
:Do you
627
:Nicole: have a good
place to drive traffic?
628
:Yeah,
629
:Marina: I agree.
630
:I agree.
631
:Cause if your website is not
optimized and you're driving
632
:traffic to broken pages, things that
don't work, you're wasting money.
633
:Devin: We have a lot of
conversations with people that are
634
:looking for help with paid ads.
635
:And like, Nicole Maria,
you can testify this.
636
:I'll tell them like, I don't
think that's where you should be
637
:putting your attention right now.
638
:Unless you have a well designed,
functional, thought out website that
639
:like reflects good branding and has
like, you know, compelling product and,
640
:and at the right price point, all of
those things, then you're just going so
641
:much of your spend will just be wasted.
642
:If you had a better web experience,
it's going to just lead to better
643
:outcomes For all of your marketing.
644
:So, you know, especially for smaller
businesses and people that are just
645
:starting out, they're like, Oh, they
think that they need traffic first.
646
:And it's like, well, yeah, but you,
you probably to maximize the outcomes
647
:of the traffic that you are getting.
648
:You probably need to get your, your
website tuned up a little bit first
649
:before it's ready for prime time.
650
:Marina: Yeah, that was the answer I was
hoping for, because we, we know this time
651
:and time again, we see people invest money
into channels and then, you know, worry
652
:about why am I not getting the conversion?
653
:I have to, I was hoping I get this
row as I was hoping this channel
654
:does, but, but maybe the channels
would do better if they did.
655
:Website was optimized to
actually close the sale.
656
:So yeah, website is definitely.
657
:I think is number one.
658
:Nicole: Yeah, for sure.
659
:I just wanted to touch on the code
freeze aspect that you mentioned earlier.
660
:When I worked on the brand side, code
freeze is a reality while it be a
661
:frustrating reality for a lot of people
that are like, Working in, in brands,
662
:there are things that you can do.
663
:Like there's definitely, you need to
have a plan going up to code freeze
664
:of the major changes that you wanna
make because you don't wanna get
665
:into a time when you're getting a lot
of traffic and something is broken.
666
:But there are little changes
that you can make, especially
667
:around merchandising navigation.
668
:I would, I would definitely try
to get that done before, and I
669
:want to emphasize navigation as
being one of the most important.
670
:Aspects of your site.
671
:You know, we've seen 80, 90 percent of
people usually go straight into navigation
672
:more than clicking on homepage heroes.
673
:And we see a lot over and over again,
in all my years I've seen people so
674
:focused on what ends up on the homepage.
675
:And while that's important, oftentimes
the navigation gets overlooked.
676
:And that is one place that needs to
be buttoned up prior to black Friday.
677
:But what you can do in, in
actual code freeze, you know,
678
:when I worked on the brand side.
679
:I would look at what was selling
every day during black Friday and
680
:re merchandise pages based on that.
681
:Cause it's really.
682
:You know, oftentimes people look
for, Oh, what's the one thing I
683
:can do that doesn't really exist.
684
:It's cumulative, you know, of, of all
the things that, that you have to do
685
:when it comes to a website in particular,
is there's so many different pages.
686
:There's so many different aspects.
687
:There are some things that
are more important than
688
:others, like the navigation.
689
:But it's a lot of little tiny things
and merchandising does sometimes get
690
:overlooked as well because you've got
a lot of pages sometimes depending
691
:on the type of business that you are.
692
:But re merchandising those pages and
moving up products, making sure that
693
:you don't have anything at the top
that's out of stock, that kind of thing.
694
:Um, there are tools that you can, that you
can use to help, you know, way products
695
:in different ways and that kind of thing.
696
:But oftentimes things change
so quickly over black Friday.
697
:I found it's old fashioned way
pulling that report every day
698
:of like what actually sold.
699
:Oh, it was this, let me move this up.
700
:Let me move this down that kind of thing.
701
:Like, cause you, you never
know what's going to happen.
702
:Marina: Yeah.
703
:Another thing, speaking of things that
are overlooked is the post purchase
704
:experience during the holiday season.
705
:Once you've closed the sale,
don't forget about that.
706
:Thank you page and utilizing it as well
because you could add additional like
707
:Devon said, sale on sale on top of it.
708
:You can do a limited time offer.
709
:So right as somebody is getting
that order confirmation, thank you.
710
:You can add here's Within the
next five minutes, you can get
711
:this product for half the price.
712
:If it's an easy add on to your
order, people will buy it.
713
:So post purchase, that's also a
super overlooked strategy, and if
714
:you utilize this correctly, you
can maximize your profits for sure.
715
:Nicole: I mean, we've seen that the order
confirmation email is oftentimes one
716
:of the top performing triggered emails.
717
:People come back.
718
:There you go.
719
:Marina: Yeah, I
720
:Nicole: wouldn't think
that it is the truth.
721
:Marina: Yeah.
722
:I read a study on this that they say
the easiest way to close somebody
723
:is right after you just closed it.
724
:So right after somebody just purchased
is the easiest to sell to them again.
725
:Um, they're keep that momentum going.
726
:So yeah, agree.
727
:Nicole: Yeah.
728
:Update your triggers.
729
:All your trigger e mails.
730
:Marina: For sure.
731
:Cool.
732
:Well, good talk.
733
:Is there any real life success stories
that we can share for any of our clients?
734
:Devin: Not speaking directly to, to
client work, but I can remember like
735
:when I was on the brand side, probably
like the coolest night I had on Black
736
:Friday, uh, it was when I was working
at Free People and we had, um, done a
737
:ton of work leading up to Black Friday.
738
:We had a really great discount.
739
:And I remember I like went with my manager
that night and we just like got a six pack
740
:and put like real time analytics on his TV
just to like see like once the promo like
741
:opened up like the traffic and it was just
like, you know, tens and tens of thousands
742
:of people hitting the site at once.
743
:And we just sat there and like
watch the numbers tick up until
744
:we did a million dollar day.
745
:And it was the first million dollar
day that we did at the brand.
746
:And it was just like, you know,
I had a little buzz go and
747
:it was, it was pretty cool.
748
:We love seeing the same types of
things for our clients, uh, without
749
:like, you know, divulging anything to.
750
:Yeah,
751
:Marina: I kind of miss those days when
the sale only happened at the 12 a.
752
:m.
753
:mark
754
:Devin: and
755
:Marina: nobody was
doing sales before that.
756
:So you really got a front seat to the
virtual doors opening up and people
757
:starting to come in and purchase and
you're looking at all the data and
758
:there's so much, and like that chaos,
um, I feel like was a lot more intense.
759
:before COVID where people were a lot
more, you know, careful and patient,
760
:um, versus now where it's just
kind of a slow, slow burn approach.
761
:And you're, you're, you're doing
sales the week before that.
762
:I
763
:Nicole: think some kind of trends that
I've seen over my years, all my black
764
:Fridays and cyber Mondays doorbusters
tend to work well, uh, save them,
765
:save them for actual black Friday,
release those, you know, if you're,
766
:uh, Uh, product based business, like
buy into those way ahead of time.
767
:Like we mentioned earlier, those really
do work, you know, more than one.
768
:I would say those help to
drive traffic a lot in general.
769
:You can use those in all your
different marketing channels.
770
:They tend to not just buy door busters.
771
:I know that's often a concern.
772
:I think another concern that we
often see too, is businesses are
773
:concerned about the lead up of.
774
:Discount and the change in discounts
and how their customer sentiment is
775
:sort of like, are they going to be
scared that, or are they going to be
776
:upset that cyber Monday was better
than black Friday kind of thing, which
777
:oftentimes we do see a better cyber
Monday than black Friday discount.
778
:And that is oftentimes shorter
than black Friday and you have
779
:less inventory to choose from.
780
:So it's really a trade off.
781
:And I have not seen as much as
we've seen concern about that.
782
:I have not seen any sort of
widespread negative customer
783
:sentiment about a better cyber
Monday deal than a black Friday deal.
784
:And we tend to hear that over
and over that concern from, from
785
:leaders at different brands.
786
:But I think customers are used
to that and there's a trade off.
787
:Like I said, if you're in the
month, the discount's not as good.
788
:You're getting a better choice of product.
789
:Once you get into a better discount.
790
:You have less choices.
791
:It's it's it's an age old trade off
people are we really used to it now
792
:Marina: Yeah, that's correct.
793
:That's true.
794
:Well some final thoughts as we wrap
it up, um starting with the website
795
:Don't forget to optimize it for mobile.
796
:That's one takeaway I can give you
make sure that your pages are not just
797
:awkwardly responding to my device size
and the blocks are long and weird and
798
:the text is somewhere down the bottom
have designed that specifically for the
799
:mobile and have it look just as good as
on desktop because like I said expect
800
:all those sales to be coming in through
the mobile devices and it's just a
801
:Basically desktop is going out every year.
802
:We see this less, less and less until
it's just going to be gone one day.
803
:So just put all your efforts into
making the website as optimized as
804
:you possibly can for our phones.
805
:Devin: I think on the paid ad
side, I would stress the importance
806
:of data and using it to kind
of guide your decision making.
807
:If you don't have data from this
time last year, look at your, your.
808
:Couple of last recent months, get an
understanding of how things are going.
809
:And also make sure that you're
capturing that data to use next year.
810
:Right?
811
:So like that means like adding
UTM tags to your platforms, making
812
:sure things are tagged up and that
just doesn't apply to paid ads.
813
:That's on the email side.
814
:That's on affiliates, all
of your other channels.
815
:And then finally, you know, double
down on the things that are working.
816
:Like you don't have to
completely reinvent the wheel.
817
:If you're a bigger, more established
brand and you're going to go out and do a
818
:very cool like photo shoot and get great
photography or video done, that's great.
819
:But if you're not like, you know,
and you have some ads that have
820
:worked for you in the past, Just
update them with like promotional
821
:messaging, you know, things like that.
822
:And you're off to the races.
823
:Nicole: I would say for email, look
at your full ecosystem of emails.
824
:We mentioned welcome series.
825
:We wouldn't mentioned transactional
triggers, things like that.
826
:Even your shipping confirmation, email,
those things take time to update.
827
:So.
828
:Email, you really need to get
started sometime in September.
829
:So updating your messaging, like I
mentioned earlier, taking a look at every
830
:single opportunity when it comes to the
type, the emails that you're actually
831
:sending out, update your photography to
be fresh, update your messaging and think
832
:about it from a new customer standpoint,
because hopefully you'll have many,
833
:many new customers signing up for email.
834
:Marina: And if you have any questions or
issues with any of what we just talked
835
:about, don't hesitate to reach out.
836
:We are golden digital.
837
:co.
838
:We do all of the things
we just talked about.
839
:So if you need help here to help for sure.
840
:Thank you guys so much.
841
:I think this was a good discussion,
especially for our first podcast slash
842
:webinar, and I hope if you're still
watching, you found this valuable.
843
:Don't forget to like subscribe.
844
:We have a lot more coming up.
845
:We have a lot more
knowledge to share with you.
846
:So yeah, stay tuned.
847
:Devin: Good, fast, or cheap podcast, baby.