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7
min read time
September 9, 2024

5 Black Friday marketing strategies for explosive Live Shopping sales in 2024

Are you ready for Black Friday and Cyber Monday? These Black Friday marketing strategies are a sure way of increasing sales and maximizing reach.

5 Black Friday marketing strategies for explosive Live Shopping sales in 2024
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Black Friday and Cyber Monday, the twin titans of the holiday shopping season, is transforming from traditional in-store experiences into online retail spectacles. In this digital age, the key to success lies in creative Black Friday marketing strategies. One such strategy that's gaining momentum is Live Shopping - a dynamic way to engage with your audience in real time.

In 2024, live shopping is set to revolutionize Black Friday and Cyber Monday marketing. It combines the excitement of live broadcasts with exclusive Black Friday deals, delivering memorable shopping experiences that boost your Black Friday sale and customer loyalty. In this article, we'll explore five cutting-edge strategies for Black Friday and Cyber Monday, customized for the world of live shopping, that you can use on these important retail events!

5 Black Friday marketing ideas for Live Shopping

When it comes to making the most of Black Friday and Cyber Monday, innovative Black Friday marketing ideas can set your business apart from the competition. These ideas are designed to help you boost online sales and engage your audience effectively during this retail frenzy. Preparing for Black Friday is important, and these Black Friday marketing tips will make sure your November is booming!

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1. Promote your Black Friday deals and events in advance

One of the cardinal rules of successful Cyber Monday and Black Friday marketing strategies is building anticipation. The earlier you start, the better. By promoting your Black Friday deals and events well in advance, you create a buzz that piques your audience's interest and keeps them eagerly awaiting the big day.

Here's how to do it effectively:

Tease Your Audience: Use your email list, social media platforms, and website to drop hints about the exciting offers and events you have planned. Share sneak peeks, teaser videos, or countdowns to build anticipation.

Exclusive Previews: Create small previews of what's to come. Making a sneak peek for your Black Friday and Cyber Monday Live Shopping event is a great way to create interest and make sure people join your event.

Create a Content Calendar: Plan a schedule for your promotional content. This could include themed social media posts, blog articles about featured products, or email newsletters highlighting different aspects of your Black Friday and Cyber Monday offerings.

Leverage Influencers: Partner with relevant influencers who can help spread the word about your Black Friday and Cyber Monday deals. Their endorsement can reach a wider audience, add credibility to your promotions, and overall make your Live Shopping event more entertaining.

By promoting your Cyber Monday and Black Friday deals and events well in advance, you'll have a head start in the race to capture your audience's attention and ensure a successful sales day.

2. Host multiple Live Shopping events

Live Shopping isn't a one-size-fits-all strategy; it's an ongoing engagement tool that can be leveraged throughout the Black Friday season. Hosting multiple live shopping events during October and November can help you maintain a continuous connection with your audience and keep the excitement levels high. Here's how to make it work:

Variety is Key: Plan a series of Live Shopping events leading up to and during the Black Friday weekend. Each event can focus on different product categories or themes, giving your audience fresh and exciting reasons to tune in.

Scheduled Broadcasts: Create a broadcasting schedule and stick to it. Consistency will encourage your audience to mark their calendars and return for more Live Shopping experiences.

Interactive Engagement: Use polls, Q&A sessions, and games during your broadcasts to interact with your audience in real time. Encourage questions, feedback, and product suggestions to make viewers feel involved.

Limited-Time Offers: Offer exclusive discounts or bundles during your live events. Make sure to emphasize that these Black Friday deals are time-sensitive, creating a sense of urgency that encourages immediate purchases.

Cross-Promotion: Collaborate with influencers or complementary brands to co-host Live Shopping events. This can expand your reach and bring in new audiences.

Hosting multiple Live Shopping events ensures that your brand remains top-of-mind throughout the month with Black Friday and Cyber Monday and provides ample opportunities for customers to discover and engage with your products. It's a powerful way to keep the momentum going and drive sustained sales.

3. Offer free shipping during Black Friday and Cyber Monday

Free shipping has become a powerful incentive for online shoppers, and during the Black Friday and Cyber Monday sales events, it can be a game-changer for your business. Here's how offering free shipping during these crucial shopping days can boost your sales:

Eliminate Checkout Hesitation: High shipping costs are one of the leading causes of abandoned carts. By offering free shipping, you remove a significant barrier that often prevents customers from completing their purchases.

Promote Confidence: Free shipping signals a commitment to customer satisfaction. It reassures shoppers that there won't be any hidden costs at checkout, which can lead to increased trust in your brand.

Leverage Urgency: Highlight the limited-time nature of your free shipping offer. Emphasize that it's available exclusively during the Black Friday and Cyber Monday sales period, creating a sense of urgency that encourages immediate action.

Bundle Deals: Consider bundling products with free shipping offers. For example, "Buy two items and get free shipping" can incentivize customers to buy more, increasing your average order value.

Clear Communication: Make sure to prominently display the free shipping offer on your website, in promotional emails, and on social media. Transparent communication ensures that customers are aware of the benefits.

Offering free shipping during Black Friday and Cyber Monday can be a powerful hook to draw in shoppers and drive conversions. It's a Black Friday marketing strategy that aligns with customer expectations and can give your Cyber Monday and Black Friday sales a substantial boost during these high-stakes shopping events.

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4. Host a Black Friday or Cyber Monday contest

Inject an extra dose of excitement into your Black Friday marketing strategy by hosting a captivating contest. Contests not only engage your audience but also create a buzz around your brand.

Hosting a contest is one of the best Black Friday marketing strategies if you want to boost engagement during your Cyber Monday and Black Friday events. You can choose to host a contest before Black Friday and Cyber Monday, and the winner(s) will be announced in your Live Shopping event, or you can choose to host the contest during the Live Shopping event.

The contest can be a trivia, a challenge, or something else that is engaging and entertaining. Giving people the opportunity to win a prize at the end is the carrot on the stick to get people to join. It's a great way to get more people to join your Live Shopping event and boost your Black Friday sales.

5. Reduce abandoned carts

Abandoned carts are a common pain point for online retailers, but they also represent a significant opportunity. During the Black Friday and Cyber Monday shopping frenzy, reducing abandoned carts can translate into substantial sales growth. Here's how to tackle this challenge effectively:

Streamline Checkout: Simplify the checkout process in your online store as much as possible. Minimize the number of steps required to complete a purchase and offer guest checkout options to avoid forcing users to create accounts.

Abandoned Cart Emails: Implement an automated abandoned cart email series. Send a series of emails to remind users about their unpurchased items, possibly sweetening the deal with additional discounts or incentives.

Automated Abandoned Cart Message: Use the automated abandoned cart message in the Sprii software to make sure everyone gets a message on social media when they've attended your event but didn't finish their purchase.

Answer questions in real time: One of the most essential strategies in Live Shopping is providing support in real time. Keep an eye on the chat and make sure to answer any questions about your products, delivery, pricing, etc. It improves the chance of potential customers becoming customers.

Finding your Black Friday marketing strategy

As we've explored these five powerful Black Friday marketing strategies tailored for Live Shopping, it's important to remember that one strategy doesn't exclude the others. In fact, a successful Black Friday campaign often combines multiple approaches to create a comprehensive and engaging shopping experience for your audience.

The key to a triumphant Black Friday and Cyber Monday in 2024 lies in finding the right blend of these strategies to suit your brand, your audience, and your goals. Advance promotion sets the stage, multiple Live Shopping events keep the excitement going, free shipping incentives remove barriers, contests create buzz, and reducing abandoned carts ensures a smoother customer journey.

As you plan your Cyber Monday and Black Friday marketing strategies, remember that the ultimate goal is to create memorable shopping experiences that not only drive immediate sales but also foster long-term customer loyalty. With that in mind, you'll make sure that Black Friday shoppers aren't only buying on Black Friday but will come back for more every time you host a Live Shopping event.

FAQ

When is Black Friday 2024?

Black Friday in 2024 is Friday, November 24. Black Friday always falls on the last Friday in November.

Why is it called Black Friday?

Many believe Black Friday's name comes from businesses going from a financial loss "in the red" to profits "in the black" until the day after Thanksgiving, but this is false. Instead, it originated in the 1960s when Philadelphia police described the chaos caused by suburban tourists shopping sprees and their attendance at the annual Army-Navy game on Saturday.

When is Cyber Monday 2024?

Cyber Monday in 2024 is Monday, November 27. This big retail event always falls on the Monday after Black Friday.

What is Cyber Monday?

Cyber Monday refers to the Monday after Black Friday, and is one of the biggest e-commerce events of the year. It is more connected to online sales than Brick-and-Mortar sales as Black Friday was.

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Sprii in Action

During a Live Shopping event, Sprii automatically replies to comments, creates orders for your customers, sends them a link to their basket, and handles payment and shipping.

5. Create hype & excitement during your events

The beauty of Live Shopping is that it can be used in so many ways. This is particularly valuable during Black Friday and Cyber Monday when businesses are looking to engage their viewers in as many ways as possible.

Here are 3 ways to create hype and get customers excited about your Black Friday events so you can achieve your revenue goals.

5. Create hype & excitement during your events

During Black Friday and Cyber Monday, potential customers often experience an intense pressure to participate in the shopping frenzy, driven by the fear that they will miss out on the best deals and discounts if they don't join in.

Live Shopping enables viewers to make purchases instantly while watching the stream, which can be especially effective during Black Friday and Cyber Monday when time-limited deals are available. This instant purchasing capability can drive sales during Live Shopping events.

With Live Shopping, consumers get the personal assistance of an in-store shopping experience and the convenience of being able to shop from the comfort of their own sofa or favorite coffee shop.

Viewers can get information from the retailer in real-time by asking questions directly in the Live Shopping event.

During a live show, viewers can ask questions and get answers in real-time. Even better, they can interact with each other and share their experiences with your products.

AspectTraditional E-Commerce JourneyLive Shopping Journey
Marketing ApproachHigh ad spend and several channels to attract shoppers to webshopLeveraging existing social media followers
NavigationRequires navigating through a static webshop to find products.Requires nothing more than watching a live video to discover new products.
Product PresentationProducts are presented through static images. Products are presented in a live video by engaging hosts.
Customer ExperienceFeels like a business transaction.Feels like a personal connection.
Engagement and InteractionLimited to static product descriptions, images, and occasional customer reviewsOffers real-time interaction between hosts and viewers, allowing for immediate Q&A, live demonstrations, and personalized recommendations
Customer ExperienceCustomers independently navigate the webshop and make purchase decisions without help.Customers are guided through products, receive helpful information, and can ask questions as well as see what others are writing and asking.
Conversion RatesRelies on well-designed websites and optimized marketing funnels to convert visitors into buyers.Often achieves higher conversion rates due to the sense of urgency and interactive nature of live events.
Customer Acquisition Cost (CAC)Higher CAC due to extensive marketing efforts across various channels.Typically lower CAC by leveraging social media followings and organic engagement during live events.
Return RatesHigher return rates due to customers not fully understanding the product before purchase.Lower return rates as live demonstrations provide a clearer understanding of the product, leading to more informed purchasing decisions.
Time to sellCan range from hours to weeks or even months. Often much quicker, ranging from minutes to hours.
Metric Traditional E-Commerce Live Shopping²
 Avg. Conversion Rate 2.5%³  Up to 60% (Sprii Data)
 Avg. View Time 54 seconds⁴ 20+ minutes (Sprii Data)
 Avg. Checkout Rate 45%⁵ 60% (Sprii Data)
 Avg. Return Rate 20-30%⁶ Under 10% (Sprii Data)
 Avg. Customer Acquisition Cost (CAC) +€50⁷ 0*
 Avg. Sales Cycle Hours, weeks, months Minutes