Are you taking advantage of the major trends in online e-commerce by connecting with your customers where and when they want to do business?
The year-over-year growth in the popularity of Black Friday and Cyber Monday deals illustrates why your mobile and social marketing strategies are more important than ever!
As the venture capitalist, Fred Wilson recently said in a blog post (with chart) showing how “Mobile is Eating the World“:
“The jump from 2012 to 2013 should be terrifying to anyone who has a business based anywhere but mobile.”
As we enter this year’s holiday season, there’s no doubt that online shopping will play a bigger role. Last year, the big Cyber Monday sales climbed 30 percent higher (2012 compared to 2011). In fact, in 2012, Cyber Monday ranked as the best day of the year for online shopping, besting any day in December. This is largely due to people using their smartphones to shop. Approximately 12 percent more users bought items from a smartphone in 2012 than 2011, while 18 percent of total Cyber Monday sales came from smart phones, as reported by the 2012 IBM Software Report.
Mobile Friendly Marketing
People are discovering and ultimately buying products and services from what they see on the smartphone. They may text a friend just after visiting a marketer’s Facebook page and/or after viewing a new online store. And social media platforms are becoming synonymous with phone usage. In actuality, 78 percent of Facebook users are accessing the social media platform from a mobile device, and Facebook earns 40 percent of its revenue from mobile users, CEO Mark Zuckerberg told TechCrunch. This confirms the importance of merging Cyber Monday promotions with the popularity and widespread use of social media. How is your business doing in this regard?
And, perhaps even more importantly, social media is built on sharing. Some 2.5 billion pieces of content are shared each and every day on Facebook. Only through effective, authentic social media marketing can marketers hope to get a small piece of this lucrative pie.
Directly Targeted Social Media
Popular, successful online specialty retailers set the pace by directly engaging with Cyber Monday via guerilla style marketing campaigns. For example, Tanga showcases a line-up of half-off products, and its direct social media efforts, including a staff of members posting about the savings, is just one method employed in the company’s completely online effort.
Integrating the power of “bricks and clicks,” the popular retailer Macy’s is taking full advantage of social media. Its popular ‘buy one, see another donated’ campaign is bringing increased attention to its social media feeds. Thousands are sharing the donation campaign to their respective followers on Facebook.
Twitter Hashags Push the Envelope
Facebook is not getting all the attention. Here’s an actionable tip for you: Cyber Monday marketers are also using the #blackfriday Twitter hashtag for added exposure. Going a step further, Shopping Blog has even implemented a distinct Black Friday Twitter account to fully realize the potential of its Cyber Monday and Black Friday promotions.
Strategic Marketing Plans Benefit All
Many companies have taken their long term social media strategies to a new level by thinking strategically about holiday shoppers. As we advocate and do when help companies with their marketing strategies, many online marketers have outlined detailed plans. For example, ReadWrite details how brands create a social media playbook that gives explicit ‘why’ answers and builds a goal plan hierarchy for continued success. Because social media has so many facets, companies need to outline exact strategies for harnessing its potential. Otherwise, the old axiom comes true:
“A failure to plan is a plan to fail.”
Cyber Monday, in particular, only accounts for a small component of the much larger Internet marketing, social media and mobile game plans. But it’s a great place to start. Please let us know if we can help.
Wishing you every success as well as a peaceful, nurturing and satisfying holiday season.