Christmas, Cyber Monday, and Black Friday are the most anticipated holidays of the year.
And the same can be said for retailers.
Although the groundwork begins months before the Christmas holidays. As retailers gear up for increased demand and roll out their best offers, this time also marks an opportunity to generate more sales and, thus, churn more profits.
Since the time for pumpkin spice lattes is near, it means you need to step up your marketing efforts for this year’s holiday shopping season!
In this blog, we’ll explore strategies for creating the festive hype that’ll drive even more holiday traffic to your store and turn your leads into customers.
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What is Retail Holiday Marketing?
If you already know the traditional strategies inside and out, all you need to do is add some festive spirit to the mix with the evergreen goal of increasing engagement and sales.
Admit it, by offering customers a memorable shopping experience to keep them coming back to your store, you want to make the most of the holiday season. And for that, you’ll need to have a great range of options for promoting your business.
For instance, if you want to sell out wholesale candy, position your retail store as the best place to purchase Christmas items, whether they are presents or for personal use, to stay “a-sled” of the competition.
Must-Try Holiday marketing Strategies
The suggestions above serve as the cornerstone for every effective holiday marketing strategy. Let’s move on to tried-and-true strategies.
1. Hold Limited-time Offers
Running popup online deals is another technique to increase your sales over the holiday season. This strategy involves boosting your discount or offering a unique deal for a limited time, such as increasing a 45% off discount on wholesale lollies to 50% off for one hour only. You may even do this 2-3 times every day and several times throughout the sale.
Here are some additional pointers for employing hourly or time-limited sales:
- To tell customers about your limited-time deals, use countdown displays.
- Track especially popular items or time windows by using various discount coupons for each sale.
- Promote the deal on your website, social media, and by email.
2. Begin Early, Finish Late
People go crazy for the holidays and are anxiously seeking discounts and deals; therefore, you can easily win the match if you start your holiday marketing before your competitors and even extend your promotions to last longer than your competitors.
In prior years, I followed this method and was able to create six-figure profits before the formal “arrival” of the Christmas season. You may use the same method to increase your revenue as well!
3. Get Your Prep Right
While the months of July to September are excellent for stores to begin planning for Christmas season sales, it is not too late to begin now. You still have plenty of time to develop a campaign or programme to increase your income.
Here are some things to think about as you prepare your wholesale confectionery store for the Christmas season:
Product inventory: Will you need to restock on popular items? Bring in fresh products for gift wrapping or seasonality?
Marketing strategy: Which media will be most effective in interacting with your target demographic, and what message do you want your holiday promotions to convey?
Promotional materials: What will you use to spread the word? In-store displays, social media posts, or both? Print advertisements or in-store flyers?
Sales and promotions: What can you provide clients that will satisfy their existing wants and needs?
Budget: Do you have any advertising funds available? Will you have to change some of your techniques from last year? What items can you afford to discount?
Your customers: What’s different about your customers this time? How can you appeal to their adjusted demands?
4. Provide Freebies
Thinking about giving away some samples? You’re headed in the right direction.
Everyone loves free stuff. Even though the spirit of Christmas evokes a desire in people for splurging on their favourite things, reminding them of a money-saving opportunity will drive their attention rightaway.
For this, consider free gift cards, free merchandise, or free shipping on bulk candies. Meanwhile, you’d also want to look out for your competitors’ offers, and see if their offer doesn’t overshadow yours.
Free shipping is nearly always required for holiday purchases. Consumers are drawn to that type of deal, and chances are, your competitors are giving it as well, so don’t give them the opportunity to take your customers!
5. Offer Holiday Bundles
When customers believe they are getting their money’s value, sales are more likely to be a done deal. Offering bundles is one approach to make your customers feel like they’re getting a good deal.
Here are some benefits of curating bundles for wholesale lollies or other products this holiday season:
1. You will be able to sell more items.
2. Customers will be able to receive more items.
Well, it’s a win-win situation. What’s the best part? Because bundle packages are frequently given at a discount, you won’t have to worry about being stuck with surplus inventory that may or may not sell.
Bottom Line
As the holiday season draws nearer, this year’s sales are your last chance to generate revenue.
There are numerous Christmas marketing strategy ideas, but regardless of which ones you use, make sure you plan, test, and track everything from spending to sales and profit to return rate.
It will assist you in making the appropriate moves at the appropriate moments, both during the campaign and in the years to come.
At Stock4Shops, we’ve got just the stock that you want to sell out this season. As one of the leading bulk food suppliers and wholesalers in NZ, we’ve everything you need at discounted prices.
