Welcome to the latest edition of #SundayMusings! This week we are going back to Black Friday to take a look at some of the brands that made news for “that day” after Thanksgiving. Here are the stories that caught my attention:
Premise: IBM’s Digital Analytics Benchmark found that more shopping was done via mobile on Thanksgiving and Black Friday than in any year past. In addition, mobile outpaced PC’s for the first time and hit 52.1% of all online traffic. On Saturday, IBM released a number of interesting statistics and breakdowns in the article.
Thoughts: A few tidbits from the final results caught my attention:
- While phones drove traffic, tablets drove sales – more people were purchasing on a tablet device this year.
- Thanksgiving sales continue to be more prevalent and are eating into Black Friday sales. If you have been reading our articles over the past month or so, you know how I feel about this. (Stay home on Thanksgiving also means talking to your friends and family, not staring at the computer. SaveThanksgiving.net)
- Apple outpaced Android across three different metrics in Black Friday sales. Here is a second article from Fortune focusing a little bit more on these numbers.
#2 – “Macy’s Black Friday Marketing Now Includes Facebook Video Ads” via AdWeek.com
Premise: On Thanksgiving evening, Macy’s started running video ads on Facebook to add to its marketing mix over the holiday. This is an added effort to keep the retailer in mind after the Macy’s Thanksgiving Parade ended (live and the replay).
Thoughts: Macy’s has one of the strongest branded events across the calendar year with its Thanksgiving Parade. As Facebook users update their status and say “Happy Thanksgiving” the ad is more than likely going to be yet another reminder to do their holiday shopping at Macy’s.
What also caught my attention was the very last blurb in the article – Facebook says that over 100 million videos are uploaded to the site each month. Astonishing numbers as online video continues to grow.
#3 – “Black Friday or Bust: Making Your Brand Stand Out” via Business2Community.com
Premise: The ‘event’ known as Black Friday has turned into a week long event. With the continued rise of online and mobile shopping, consumers are spending more money shopping on Thanksgiving, Black Friday, and what has become Cyber Monday. Instead of focusing on an “earlier is better” approach, the author provides several tips for brands to consider in order to stand out from the crowd, including email and content marketing planning.
Thoughts: Honestly, simply looking at pictures of people stampeding into stores is starting to make me feel sick to stomach. It is far too common. That said, there are a few good tips to keep in mind here and I like the overall idea of moving away from the “earlier is better” approach. Brands (and retailers) don’t have to be open on Thanksgiving Day if they knew how to better deliver their point of difference or unique selling proposition to consumers. “We have the best XYZ, but you are going to have to wait until 10am on Black Friday when our doors open.” How inhumane is that? (Note: the sarcasm is dripping off this edition of #SundayMusings)
#4 – “One-third of Black Friday Online Revenue Was Mobile” via Finance.Yahoo.com
Premise: The company Branding Brand released its MCI results for Black Friday and reported significant increases in mobile shopping. There are 35 retailers included in the numbers and the number of visits, purchases, and revenue are all up significantly vs. 2013. There is an accompanying infographic that illustrates the results within the link above.
Thoughts: The results from this research and platform are another data point suggesting the continued growth of mobile devices and usage. Updated information from the entire holiday weekend can be found on Branding Brand’s blog which also includes an update on Cyber Monday data/results.
Tweet of the Week:
— Black Friday Ads (@BFAds) December 2, 2014
What exactly is the point of Black Friday and/or Cyber Monday if the sales from either or are going to be continued throughout the entire week? The marketing behind these days seems to have grown so much that the point of either day is completely lost. Please refer to #3 above if you are running a brand or retailer and enjoy a day off here or there over the course of the holiday weekend. I’m relatively positive this is only going to get worse next year.
Those are our #SundayMusings for the week. What Black Friday / Cyber Monday stories (or viral videos) caught your attention? Have a great week!