Black Friday isn’t designed for indies, so why do so many small retail business owners still feel pressure to play?
In this episode of the Resilient Retail Game Plan, I pull you behind the screens and into the real numbers; sharing where the opportunities actually lie for UK product businesses come November, what the headlines miss, and how you can plan Black Friday on your own terms.
No boss babe myths.
No one-size-fits-all answers.
Just straight-talking product business advice from 25 years in the retail trenches.
I’ll help you squeeze more margin, build customer loyalty, and avoid the stress spiral—whatever you decide about Black Friday.
Why listen?
DM me @resilientretailclub on Instagram with your Black Friday takeaways or guest ideas for the podcast. If this episode clears the fog, rate and follow the show in your favourite retail podcast UK app.
Mentioned in this episode:
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In today's episode, we're going to be talking about what Black Friday really means
Speaker:for small businesses in 2025. Whether it's worth your time
Speaker:and energy and if you do take part, how to run
Speaker:promotions that protect your profit margins and play to your strengths rather
Speaker:than just getting lost in all of the noise.
Speaker:Welcome to the Resilient Retail Game Plan. I'm Catherine Edley and in the
Speaker:next few minutes, you're about to get powerful real world retail strategies
Speaker:from insights shared both from my guests and myself, backed up by
Speaker:my 25 years in the retail industry. Keep listening to learn how
Speaker:to grow a thriving, profitable product business. Let's jump
Speaker:in with this latest episode. Black Friday
Speaker:2024 smashed records in the UK
Speaker:with consumers spending over 1.12 billion online
Speaker:in a single day. And across Black Friday to Cyber
Speaker:Monday weekend, that number climbed to 3.63
Speaker:billion. That's a 5% increase from the year
Speaker:before, even in the middle of a cost of living crisis.
Speaker:So this is a major shopping event.
Speaker:The question is, how much of it can you capture as a small
Speaker:product business? Because let's be honest, Black Friday
Speaker:can feel like a double edged sword. On the one hand, it's the biggest
Speaker:shopping event of the year. On the other hand, it's dominated by big
Speaker:retailers with deep pockets, aggressive discounts and marketing
Speaker:budgets that you just simply aren't going to be able to match. So
Speaker:that's exactly what we're going to delve into. So Black
Speaker:Friday, let's put it all into context in
Speaker:2025, that is coming on the 28th of
Speaker:November. But as anyone who has been
Speaker:in the retail industry for a while will know, and in fact, anyone who does
Speaker:any shopping will know it's no longer one day. It is
Speaker:something that has crept forward bit by bit
Speaker:to the point where some of the big giants like Amazon, they start in,
Speaker:in late October and people talk about Black
Speaker:Friday month and all of this kind of thing. So
Speaker:it's gone from being a single day to really
Speaker:expanding to be a full month. And Black Friday,
Speaker:it's a U.S. holiday. It started in the U.S.
Speaker:it is the day after Thanksgiving. So a lot
Speaker:of Thanksgiving is the final Thursday of the month of
Speaker:November. And typically businesses would close
Speaker:or some businesses would give their employees the Friday off as well
Speaker:so that they could travel and see family. And therefore it
Speaker:was a day that a lot of people had time off. And also the other
Speaker:thing that happens in the US with Thanksgiving being such a key
Speaker:holiday, it tends to slightly push back the
Speaker:onset of Christmas, or at least it used to. So for example,
Speaker:in the uk, pretty much as soon as we've done with bonfire
Speaker:night on the 5th of November, we're straight into Christmas. In the US
Speaker:because Thanksgiving is coming at the end of the month, it tends to be
Speaker:that it switches over people's mentality switches to their Christmas
Speaker:shopping post Thanksgiving. So Thanksgiving is predominantly
Speaker:a food related holiday, spending time with family. It's not something that you buy
Speaker:presents for. So people would really start thinking about
Speaker:their Christmas shopping the day after Thanksgiving. And that's where it started.
Speaker:And there are lots of different theories as to why it's called Black Friday, but
Speaker:one of them is that that is the day that the retailers went into the
Speaker:black. They'd been running in a deficit for the entire year, but
Speaker:once the Christmas shopping kicked in, they would
Speaker:actually turn a profit. Hence the name Black Friday. And in the
Speaker:us it also has different connotations. A lot of the
Speaker:really big stores would be doing what they call door buster
Speaker:deals, where if you're one of the first people in through the door, you get
Speaker:these incredible discounts. And it's
Speaker:generally seen as a big shopping day. And in the uk, it's come over
Speaker:here completely detached from Thanksgiving because of course we don't celebrate
Speaker:Thanksgiving in the U in the uk. And so we just have it
Speaker:really as this discounting. And what it's actually meant to the retail industry
Speaker:overall is that we, what it's done is effectively
Speaker:pulled some of that Christmas spending out
Speaker:of December and into November. So for many, many years in the
Speaker:retail industry, we would always see December as the biggest year,
Speaker:biggest month of the year, because that was where all the Christmas spending
Speaker:happened. But what we, what I saw in the companies that I
Speaker:worked for was with the advent of all of this discounting in
Speaker:November, what was happening was it, it was actually not increasing
Speaker:spend overall for that Christmas period, but it was effectively pulling it
Speaker:forward a month. So for some people November is their biggest month.
Speaker:Some people it's still December, but it has really
Speaker:changed and shifted the way that people
Speaker:spend their money during this Christmas time period. And I, the reason I'm,
Speaker:I say all of this is because I think it's really important as small business
Speaker:owners that you understand the kind of big picture of
Speaker:Black Friday, what's actually happening during that time, and then make the decision
Speaker:that is best for you because I do think
Speaker:there are opportunities in Black Friday. In the small business world,
Speaker:Black Friday can feel like a really, really loaded topic. Some people
Speaker:absolutely will not even Entertain doing anything for it.
Speaker:And sometimes I've even seen people talking out against
Speaker:small businesses that take part. But I honestly think it's a
Speaker:personal choice. I think that Black Friday as
Speaker:it exists in terms of really super deep discounting, that's not really a game
Speaker:for small businesses to play because they just don't generally have the mar. But
Speaker:that said, we are talking about what's on your customer's mind
Speaker:and your customer is going to be thinking about their Christmas purchasing
Speaker:around Black Friday. So it makes sense for you as a business owner to be
Speaker:thinking about what you can do that is right for you and for your business.
Speaker:And that's really what I want to delve into in this episode is about you
Speaker:thinking about what you want it to look like for your business and
Speaker:the way that you can use it to make the to have
Speaker:the the best situation for you as a business owner.
Speaker:So should you participate in Black Friday?
Speaker:Well, let's look at some pros and cons. The pros are, as I mentioned
Speaker:before, this is the shopping event of the year. For many
Speaker:businesses, this will be the point in which they take the most money.
Speaker:So having some kind of offer can help boost your visibility
Speaker:during the biggest shopping event of the year and help you acquire new
Speaker:customers. Because ultimately that's the name of the game, acquiring new
Speaker:customers and getting your loyal customers to come back more often. It
Speaker:can also be a great opportunity on that note to reward and engage your loyal
Speaker:customers. And it can actually be fun. There are lots of different
Speaker:ways that you can make it creative and interesting as well
Speaker:as as try and catch the wave. So sometimes I think about with
Speaker:discounts, for example, if you are going
Speaker:to try and make the most out of your discounts, then it can
Speaker:work well to do them when are already buying because it's almost like you're
Speaker:catching that wave. Like if you're surfing and you
Speaker:the wave of people spending, can you catch that and then amplify the impact of
Speaker:what you're doing? And so why, why should you not take part in
Speaker:Black Friday? You may just fundamentally disagree with it and that's absolutely
Speaker:fine. If it feels really wrong for you to do something for Black Friday for
Speaker:your business, then you absolutely can opt out. There's
Speaker:lots of other options as well. People like just a card
Speaker:campaign often do their indie week alternative to Black Friday.
Speaker:There is of course Small Business Saturday, which is an
Speaker:absolutely fantastic opportunity to shout
Speaker:about being a small business. And that happens on Saturday
Speaker:29th November, for example. So shortly after Black Friday.
Speaker:And that is something that can be a really good way for you to align.
Speaker:Some people just don't want the additional stress. If your sales have been really, really
Speaker:good, you may just not want to participate in Black Friday because you
Speaker:know it's going to cause a peak of sales that you're just not really prepared
Speaker:to staff up to that peak. It can cause some,
Speaker:some risks in terms of planning your stock. How do you plan it?
Speaker:Making sure that you've got enough stock to support it, for example,
Speaker:and you may just not have the margin for it. You may not want to
Speaker:have any kind of discount going on. And
Speaker:ultimately, if you know that you can hit your sales targets
Speaker:without doing anything specific for Black Friday and you don't want the
Speaker:impact on your margins and you don't want the kind of stress of having a
Speaker:big spike of sales, then by all means don't feel like you have to
Speaker:participate. It's not all or nothing either. You can choose your
Speaker:own version of Black Friday which aligns with your brand values and
Speaker:your bottom line. You don't have to get caught up in the idea that it
Speaker:all has to be about discounts. For example, you can have.
Speaker:There are lots of different options which we're going to delve into. The other
Speaker:thing that I would really encourage you to do when it comes to Black Friday
Speaker:is we're going to talk a little bit more in the podcast about
Speaker:what some different options are, how you can, how you can choose
Speaker:different types of promotions. But the other thing that I'd really stress is
Speaker:that Black Friday doesn't exist in a vacuum. One of the most effective
Speaker:ways to plan your Black Friday and the reason that I'm releasing this podcast episode
Speaker:now and not even closer to the time is that
Speaker:really realistically you need to think about the entire 13
Speaker:week time period in the run up to Christmas. So the
Speaker:fourth quarter from the beginning of October all the way through to the end of
Speaker:December. Look at that, look at that time period. Because what you
Speaker:want to do is you want to really plan your Black Friday as
Speaker:part of a broader Q4 strategy. And what I mean by that is
Speaker:don't have small discounts and small offers and
Speaker:all the way through and as well as big offer
Speaker:on Black Friday. If you're going to do something big for Black Friday,
Speaker:you may well want to really focus on your full price sales the rest of
Speaker:the time. What you don't want to do is feel like you're offering
Speaker:discounts or giveaways or.
Speaker:Sorry, let me say that Again, what you don't want to do is feel like
Speaker:you're offering lots of different promotions that
Speaker:all get mixed up and then Black Friday doesn't really stand out. For example,
Speaker:if you did want to do something discount related, you really want it to be
Speaker:the main discount that you do in that fourth quarter to make it special,
Speaker:to make it really have impact and to really
Speaker:reduce the promotional fatigue that can happen when you just run
Speaker:repeated discounts. So
Speaker:how do you plan it out then? So as I said,
Speaker:look at the entire fourth quarter, look at
Speaker:that 13 week time period, work out what you're going to be talking about, various
Speaker:different points. Anyway, if you are in the resilient
Speaker:retail club or you work with me one to one, you'll know I'm a big
Speaker:fan of something called the trading calendar, which really helps you map out what are
Speaker:your product launches, what are your business events that are happening
Speaker:anyway, what are all of the different things that you're doing in that fourth quarter
Speaker:that you need to take into account so that you don't
Speaker:end up with too many mixed messages. So work out what you've got
Speaker:going on each week and then work out, okay, so what is the message that
Speaker:you want for Black Friday? And one of the ways that you can look at
Speaker:it is you can ask yourself, what am I actually trying to achieve in Black
Speaker:Friday? And here are some different goals that you might have. You might
Speaker:have the simple goal of sales and profit.
Speaker:Okay? So that's absolutely fine. It's really, in that case just about driving as many
Speaker:sales as you can without being brand damaging. In that case,
Speaker:you would want to focus on a discount.
Speaker:I am not a fan of blanket discounts, as I've said many, many times. In
Speaker:other words, money off absolutely everything. But if you ever were going to do
Speaker:one, then Black Friday can work really, really well. Especially if it's a tactic
Speaker:that you don't use very often or rarely or ever.
Speaker:Then it can work well to say, right, well, for one day,
Speaker:two days, maybe the four, the full four day time period,
Speaker:I'm going to offer money off everything. And that is it. That is what you're
Speaker:going to do and that is what you're going to promote. And that works especially
Speaker:well. As I said, that's another reason to look at the entire fourth quarter. Because
Speaker:if you're always running these kinds of offers, then it's not going to have much
Speaker:impact on Black Friday. All you're going to have to do is go deeper than
Speaker:you normally do, which is a very Slippery slope.
Speaker:So what you're going to want to do is if you are going to decide
Speaker:that that's the thing you're going to aim for with that blanket discount you want
Speaker:to really focus in on, okay, this is the
Speaker:message for the whole fourth quarter. And I'm not going to do other things that
Speaker:might dilute from it. You might also have an eye, a goal of
Speaker:customer acquisition. So that could be another reason to do the blanket
Speaker:money off people that you know are on your list who haven't bought.
Speaker:For example, you might do an offer just for them. You just want people to
Speaker:move from being people who are interested in your brand to people who buy.
Speaker:And another option you might have is you might decide, well, actually what I really
Speaker:want for Black Friday is I want to clear some unproductive stock.
Speaker:And personally this is one of my favorite kinds of Black Friday promotions because you
Speaker:can make them look quite enticing to your customer, but they can
Speaker:also help really move you through some slow
Speaker:moving stock. And the way that you would do that is you would identify what
Speaker:was moving slowly and then you would put together a, a
Speaker:promotion that is off selected lines. So it could be a,
Speaker:you know, decent discount. It could be 25, 30% off your selected
Speaker:lines if you're effectively using your discount to shape your
Speaker:customer behavior to clear through some unproductive stock.
Speaker:So those would be some different types of
Speaker:goals for you to think about for your Black Friday promotion.
Speaker:And there's lots of other things that you can do as well. So we talked
Speaker:there about the discounts, but there's other things that you might want to do.
Speaker:Feeling overwhelmed, stuck in reaction mode and tired of winging it.
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Speaker:to feel confident and in control Again, head to
Speaker:resilientretailclub.com and click on Retail by Design to
Speaker:book a call. So we talked there about
Speaker:the discounts, but there's other things that you might want to do. Something you might
Speaker:offer for Black Friday would be an exclusive bundle or an exclusive product.
Speaker:In fact, exclusive products can work quite well. If you really want to push a
Speaker:full price agenda at Black Friday and not go for discounting. One of the ways
Speaker:you can get people to actually part with their money at a very discount driven
Speaker:time of year is by offering them something new and exclusive that they can't get
Speaker:at other times. So bundles are also great
Speaker:options. So you could, for example, put together bundles of your products and
Speaker:either you're just offering them at a slight discount or
Speaker:slightly better price than you would get if you bought them all separately, or
Speaker:you might offer some kind of other upgrade like free gift wrapping
Speaker:or free box or basket or whatever it is that your
Speaker:products are presented in. You can also offer other
Speaker:things like loyalty rewards or enhanced loyalty rewards
Speaker:if you have a loyalty scheme. I definitely would suggest that
Speaker:whatever you do, whatever you choose to do as your promotion,
Speaker:always think about giving your VIP earning early access or just
Speaker:asking yourself for every single promotion that you do, what are you
Speaker:offering your VIPs also known as your
Speaker:either just all of your email subscribers or your very best email
Speaker:subscribers. So make sure that you are
Speaker:thinking about whatever it is that you're doing that you're using it also to help
Speaker:drive sign up and engagement with your email list because they're getting either
Speaker:additional acts, special perks or they're getting early
Speaker:access or they're getting extensions on the discount. So for
Speaker:example, they get an early Black Friday preview on a Thursday,
Speaker:everybody else gets it on the Friday. Those those
Speaker:types of tactics, they help give you that double whammy from the
Speaker:promotion that you're not only hyping the promotion, but you're also
Speaker:encouraging people to want to become a vip, want to
Speaker:become part of your inner community, as it were.
Speaker:With all of these, you can pick and choose. You may decide that your Black
Speaker:Friday offer is going to be that you have a special
Speaker:gift with purchase that is only going to be shipping out on Black Friday.
Speaker:That might be what you choose to do and that might align really well with
Speaker:your business, really focusing on your
Speaker:business ethos, your values. And it works really well because you know that
Speaker:your customers love special perks and special and limited edition
Speaker:items. You might decide that Black Friday is going to be the one
Speaker:time of the year you do a blanket discount and really go out all out
Speaker:and push it. Those are two different ends of the spectrum. And as
Speaker:I said, I really do believe that for small businesses it's up to you to
Speaker:decide where you sit. But what I would suggest is that you decide it as
Speaker:part of your fourth quarter overall plan and that you really
Speaker:think about whatever it is that you're offering, that you make sure that you are
Speaker:giving your VIPs and your email subscribers an additional
Speaker:boost as well. So as I said, it could be that they get an
Speaker:extra special gift or a different gift or an additional gift.
Speaker:It could be that they get the gift for longer or get the opportunity
Speaker:to get the gift for longer. But the main thing is that
Speaker:you really choose something that aligns. But choose
Speaker:it, set it, think about it. Now, don't leave it to the last minute.
Speaker:Don't leave it to the point at which all of the marketing messages start firing
Speaker:out and you start feeling really worried that you've somehow missed the boat.
Speaker:And don't forget, you can build anticipation early. You can have
Speaker:teasers. I would also suggest that if you listen to all of this and you
Speaker:think, well, I actually think my stock is fine, I don't really,
Speaker:I don't really see the point of doing anything additional for Black Friday if you're
Speaker:not going to participate. I would recommend that you actually tell your customers
Speaker:that the reason for that is that almost everybody sees
Speaker:a wavering in sales in that week of Black Friday. Because Black Friday,
Speaker:why would you buy something at full price as a customer?
Speaker:Why would you buy something full price on a Tuesday if you know Black Friday
Speaker:is coming on the Friday? And it may not be that you are going
Speaker:to insist on there being a discount, but you just know
Speaker:that if you wait another three or four days, you're going to find out if
Speaker:there's a discount or some kind of perk. So if there isn't going to be
Speaker:one, then it's absolutely fine to say that to your customers.
Speaker:And it's absolutely fine to make that point. And you know, why not explain
Speaker:why if there's a reason that you're not taking part? I think that can also
Speaker:be an opportunity to really build customer
Speaker:loyalty, brand loyalty. I think that it's a really great
Speaker:opportunity for you to be really clear about what you stand for as
Speaker:a business and also take a look for everyone who's doing Black
Speaker:Friday in an alternative way. I think it's really nice to see. I
Speaker:often cite Lucy and Yak as an example of people who do
Speaker:a really great purpose led version of Black Friday
Speaker:where effectively what they do is that they do charitable
Speaker:donations based on the sales on Black Friday and they send
Speaker:girls to school in India and they talk about the number of
Speaker:pupils that they've been able to support so far and they keep updating it through
Speaker:the weekend. So it's very engaging. It's something that the customers
Speaker:can really get behind. I mean, it's absolutely nothing to do with
Speaker:discounts. It's all to do with a charitable donation instead.
Speaker:So there's lots of different things that you can do, you can tie it into
Speaker:charity. In the US I've seen people do, because it's
Speaker:the same week as Thanksgiving. They've done a whole
Speaker:festival of being grateful and giving back to their
Speaker:customers, for example. And that's something that I talked
Speaker:about in the loyalty episode of the podcast with Charlie Casey a
Speaker:couple of weeks ago. But there's lots and lots of different options.
Speaker:The thing is, as I said, it can be creative, it can be fun. Have
Speaker:a challenge yourself. Think of something fun and different that you could do. And
Speaker:that could still be doing a discount, but in a fun and interesting
Speaker:way. The only thing I will say as well is just make sure that your
Speaker:offers are really, really simple. If you are offering a discount, then just
Speaker:keep it really simple.
Speaker:The one thing I really dislike on Black Friday is when I go onto
Speaker:somebody's website and they have things like they say, well, spend this much
Speaker:and get free shipping or get a free bracelet or
Speaker:get money off this, that and the other. And you just feel a bit overwhelmed.
Speaker:You want it to be really, really simple. Either you're offering money off or free
Speaker:shipping or whatever it might be, but just don't try and stack too many different
Speaker:offers. Because I just think that the more complicated an offer, the less
Speaker:likely the customer is to engage with it. They don't like things that are complicated.
Speaker:They just like it to be super simple. So
Speaker:we know we've talked today about how Black Friday 2025, it's
Speaker:going to be bigger than ever. The spending figures from
Speaker:2024, they prove just how much money flows
Speaker:through the world's e commerce websites and
Speaker:shop tills in that particular weekend. And it can be tempting to
Speaker:think when you get surrounded by all of this promotional Black Friday messaging, that it
Speaker:has to be about discounts. But I really, truly, strongly believe that it doesn't
Speaker:have to be about discounts. You can do anything from
Speaker:nothing to charitable donations
Speaker:to special products. You can offer bundles,
Speaker:you can offer discounts, what we call bounce
Speaker:back where you offer them money off in January if they buy with you.
Speaker:In Black Friday, there's so many different things that you can do. It's well
Speaker:worth taking the time now to really think about Black Friday. Think about
Speaker:how it's going to fit into everything else
Speaker:that you do in the business and come up with
Speaker:something that you can feel really proud about, that you can shout about and that
Speaker:can help you. You build loyalty and also
Speaker:springboard you into 2026 with lots of fabulous
Speaker:new customers. So if you've enjoyed today's
Speaker:episode. Why not follow, subscribe or
Speaker:like the podcast, depending on the platform that you're on? We're going to be having
Speaker:lots more tips about selling at Christmas as we
Speaker:go through the next few months, so stay tuned to the podcast. If you have
Speaker:not already subscribed, liked or followed the podcast, depending on the podcast
Speaker:platform you use, then please do so and you'll be the first to know about
Speaker:each new episode, which comes out every Thursday morning. See
Speaker:you next week.