Gearing Up For Christmas Sales 2010
Christmas have always been the best period to experience sales peak, and it has always been like that every year. According to Comscore, Black Friday boasts $595 million in U.S. online holiday spending, Up 11% a year ago.
I bet this year will be even higher. With Cybermonday, a day where people shop online for Christmas bargains, people from all over the globe can buy things even if it’s 4am in the morning.
So are you ready to take advantage of the opportunity that Christmas and the holiday season represents?
eCorner have a great post about some unique strategies, issues and ideas to consider for Christmas. I will particularly focus on the 3 most important here:
“Buying online for Christmas starts as early as September but the real peak starts from mid-November. This year we will expect to see a busy and a longer buying period. The after Christmas, New Years sales, will still be important to sell off overstocked items at bargain prices.
1) Is your online store ready? It is no use waiting until December to set up the store as you just won’t make it in time. If you have an existing store then now is time to clean up old content and get rid of out of date product and stock information.
Each year there are new fads, styles, colours and collections so be up to date and prepared to take advantage of the demand. Christmas is about gifts for others more than about personal purchases. This may mean that you can offer different categorisation for your store at Christmas. For example – “Gifts from Grandma for the 18 – 24 year olds”.
2) Do you have the products to sell? Getting the stock can be tricky the closer you get to Christmas so you need to know what you will need now.
Buying stock early can have a negative cash flow affect on your business so look at the possibility of committment with deliveries later.
3) When is my delivery cut off date for Christmas? It is no use selling to a customer who expects pre Christmas delivery if you cannot get the product delivered on time. So you need to tell your buyers what they can expect if they buy on the 24th December.
Make sure that you provide specific advice regading returns and refunds as you do not want to get stuck after Christmas.”
Spending a little time developing your plan and strategy can deliver better short and long term sales results and higher margins. It might also be a good time to look at promotional micro-sites to target the Christmas traffic.
2010 will definitely be a much more exciting year for those selling online and and Christmas will be the peak – Christmas sales will be up which means more profit and income. You will need to get ready for this.
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Tags: black friday, christmas sales, cybermonday, how to sell on ebay, how to sell online, make money from home5 Holiday Sales Dates To Take Note In 2010
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