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Black Friday and Thanksgiving have become synonymous with not only the holiday season but also with some of the most prominent and aggressive marketing strategies in the retail industry. This special time of year, where gratitude is expressed on Thanksgiving and bargain hunting ensues on Black Friday, offers a unique lens through which we can examine the ever-evolving world of marketing.
Black Friday, as we know it today, has a fascinating history. The term “Black Friday” is believed to have originated in Philadelphia in the 1960s. It was initially used by the police to describe the chaos and heavy traffic that ensued the day after Thanksgiving. As the story goes, it was later adopted by retailers, who saw it as an opportunity to turn their financial books from “red” (losses) to “black” (profits) during the holiday season.
Retailers often leverage Thanksgiving to promote pre-Black Friday sales, attracting early bird shoppers. Thanksgiving marketing has transitioned from simple window displays to elaborate online campaigns and early store openings, all designed to entice consumers to shop before the Black Friday rush.
In its early days, Black Friday marketing was relatively straightforward. Retailers advertised in newspapers, put up in-store posters, and ran TV and radio commercials to promote their deals. Shoppers would line up outside stores in the wee hours of the morning, armed with printed circulars and a determination to snag the best deals. This traditional approach persisted for years but has seen significant changes in recent times.
The rise of e-commerce and online shopping transformed Black Friday and Thanksgiving marketing. Retailers began to extend their Black Friday sales online, introducing the concept of Cyber Monday. E-commerce giants like Amazon became major players in this game. Consumers could now shop from the comfort of their homes, and marketing efforts shifted from print to digital. Email marketing, social media advertising, and online promotions took center stage, making it easier for consumers to browse, compare, and purchase products.
1. Pre-Thanksgiving Promotions: Retailers now start their holiday marketing campaigns earlier, sometimes even as early as October. They leverage social media, email, and content marketing to create anticipation for their Black Friday deals.
2. Online Shopping Dominance: The online shopping experience has improved significantly, with mobile apps and user-friendly websites. Retailers focus on optimizing their digital platforms for a seamless shopping experience.
3. Personalized Marketing: Data-driven personalization is key in today’s marketing landscape. Retailers use customer data to provide tailored deals and recommendations, increasing the chances of conversions.
4. Social Media and Influencers: Social media platforms, especially Instagram and TikTok, have become powerful tools for marketing. Retailers partner with influencers to promote their products, capitalizing on the trust and connection influencers have with their audiences.
5. Sustainability and Ethical Shopping: Conscious consumerism is on the rise, and retailers are integrating sustainable and ethical practices into their marketing strategies. Brands that promote eco-friendly and socially responsible initiatives are gaining favor with consumers.
The history and trends of Black Friday and Thanksgiving marketing reflect the dynamic nature of the retail industry and the ever-evolving consumer landscape. From the chaos of early morning store openings to the convenience of online shopping, the way we approach these shopping holidays has changed significantly. Marketing has played a pivotal role in shaping these changes, and it continues to adapt to meet the demands of modern consumers. As we look to the future, we can expect even more innovation in marketing strategies, as retailers compete to capture the hearts and wallets of holiday shoppers.
About Focus Marketing & PR
Focus Marketing & PR is a Colorado-based boutique marketing firm specializing in arming small and medium-sized businesses of any industry with tools to navigate the constantly changing digital world. Give us a call today to discuss your marketing and PR needs; we always offer free consultations. Contact Focus Marketing & PR.