Monday, November 25, 2013

Get More People Spending at Your Store


Shop owners are looking forward to the holidays not just because it is time for the family to be together, but in terms of practicality, more for their business.  The day after Thanksgiving, popularly known as Black Friday, is one of the days business owners are anticipating and excited about.  This is the day that signals the official start of the shopping period for consumers. After Black Friday, there’s Small Business Saturday, and then consumers will have Cyber Monday for online businesses. Then, everyone is led toward Christmas time, another time for people to buy a lot of products as presents for their loved ones.  Thus, everything should be in place, even the necklace display, days before the anticipated bargain period.

Get more people spending at your store

The key for businesses is to be able to do enough marketing and advertising in the days leading to Black Friday.  If you have a business that needs a little pick-up from the slow sales of the previous months, here are things that you can do to shake things up and take advantage of this high purchasing period.

Consider your opening hours

A lot of the big name stores are going to push their opening time just like what they did the past year.  Walmart will be opening its doors at 6 am Thanksgiving and will remain open until 11 pm of Friday. Target on the other hand will open at 8 pm Thanksgiving till 11 pm of Friday. Take not of paydays and try to see if you can arrange for special events that will enable you and your neighboring stores to be open until midnight. Of course, you can entice more people to come to your store even late at night with very tempting dicounts and offers.

Encourage early buyers.

If you want to set yourself apart from the others, you can open until late hours, or you can go early and open ahead of the others. Stores usually open at around 11 or noontime, so you can try opening an hour earlier. Offer special discounts during the first few hours and gradually decrease it. This can work especially when you want to reach your sales target at the earliest possible time. Also, if all goes well, you can close shop early and enjoy the holidays yourself.

Give shoppers a surprise every now and then. 

This can be in the form of discounts in certain items like the ones you put in the necklace display or surprise gifts if they reach a certain amount with their purchases.   This will definitely make shoppers look forward to the next year’s holidays.

This all boils down to taking advantage of the holidays to perk up your business and at the same time, give your customers the satisfaction of more affordable items. Happy holidays!

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