BusinessPostCorner.com
No Result
View All Result
Friday, May 30, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Small Business Saturday Strategies And Statistics

November 27, 2023
in Management
Reading Time: 3 mins read
A A
0
Small Business Saturday Strategies And Statistics
ShareShareShareShareShare

Small Business Saturday Strategies And Statistics

Photo Courtesy of Tim Mossholder on Unsplash

In between two of the biggest shopping days of the year – Black Friday and Cyber Monday – is yet another designated shopping day, Small Business Saturday, which allows shoppers to support local businesses, entrepreneurs, and communities. This year, the shopping day which was launched by American Express in 2010 to encourage customers to shop local during the busiest time of year for retailers, fell on November 25, 2023.

In the U.S. there are 33.2 million small companies and they make up 99% of all businesses. In 2022, Small Business Saturday drove an estimated $17.9 billion based on the 2022 Small Business Saturday Consumer Insights Survey commissioned by American Express.

The importance of shopping local goes beyond supporting the little guys – 67% of every dollar spent in small businesses stays in the local communities. Smaller companies with fewer than 500 employees account for 44% of U.S. economic activity, are more active in their communities, and they create two-thirds of net new jobs.

“Small Business Saturday was created to help local businesses, so share the story of what makes your business unique and different from big chain stores,” says Tabatha Rowbatham, Co-Founder & COO of Twinning Pros Marketing, a creative marketing agency. She emphasizes the importance of planning an effective email marketing campaign to drive customers to your business. “Plan in advance and create an email campaign announcing upcoming sales. The week prior, send a reminder email. And then send out one final email the day of.”

Cut Through The Black Friday And Cyber Monday Noise

“There’s always so much noise during Black Friday to Cyber Monday with almost every brand offering steep discounts. There are a few things I do to stand out and serve my customers in addition to offering a discount. Starting on Small Business Saturday, we offer a personalized gift box for every purchase over $35. We participate in a holiday popup or team up with other businesses. This year, Mahisi is one of 50 New York based makers that are selling at Make Your Market, a popup holiday gift shop in New Rochelle. And we provide extra live chat support during promotion time. It’s important to make your customers feel supported virtually as much as they would in person,” shares Angelina Handayani, Founder of Mahisi, a brand that focuses on ethically-made hand-dyed dresses and handmade gifts.

Offer One-On-One Support

One of the many benefits of running a small business are the personal interactions that can be had with consumers. This type of conversation and dedicated customer service can build long-term customer loyalty.

“Our success as a small business is a direct result of this unwavering commitment to our customers. On Small Business Saturday, we’re taking our ethos a step further by highlighting our unique offering of free virtual one-on-one curl classes. By offering personalized guidance and support beyond the purchase, we’re not only building stronger relationships but also reinforcing our commitment to customer satisfaction. This strategy has paid off significantly, leading to growth in five-star reviews, now at over 3,000 reviews. It’s a testament to how staying true to our ethos can drive tangible results and foster a loyal customer base,” says Emily Kenison, Founder & Inventor of RobeCurls, the original heatless curling headband.

The company is also focusing on highlighting their customers this Small Business Saturday. “We’re putting this ethos into action by showing heartfelt appreciation to our customers. Our strategy revolves around sharing customer success stories and testimonials, focusing on the transformative impact the Curling Headband has had on their lives. By spotlighting these real-life experiences, we not only reinforce our commitment to customer satisfaction but also strengthen our ethos. This approach has resonated deeply with our community, fostering a sense of loyalty and trust that is invaluable for a small business like ours,” adds Kenison.

Small Business Saturday Attracts Younger Generations

Younger shoppers are drawn to Small Business Saturday with 72% of Millennials planning to shop on the day this year, 69% of Generation Z, 59% of Generation X, and 51% of Baby Boomers.

Younger generations put emphasis on what brands stand for and who they are, almost as much as what they sell. In data collected by ActiveCampaign in 2022, 60% of consumers indicated negative sentiment toward retail giants, jumping to 69% of Gen Z and 51% of Boomers. And 40% of Generation Z said they prioritize shopping at small businesses for holiday purchases and special occasions compared to 32% of millennials who said the same.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Why Your Office Holiday Party Is A Secret Evaluation…And Job Interview

Next Post

DEI and inclusion in accounting: By the numbers

Next Post
DEI and inclusion in accounting: By the numbers

DEI and inclusion in accounting: By the numbers

Greenland says it will turn to China if US and EU shun its mining sector

Greenland says it will turn to China if US and EU shun its mining sector

May 27, 2025
Federal Reserve’s Jay Powell urges US university students to protect democracy

Federal Reserve’s Jay Powell urges US university students to protect democracy

May 25, 2025
The start-ups working on cheap innovation

The start-ups working on cheap innovation

May 26, 2025
IRS faces challenges overseeing tax-exempt hospitals

IRS faces challenges overseeing tax-exempt hospitals

May 29, 2025
Poland’s presidential race goes down to the wire

Poland’s presidential race goes down to the wire

May 25, 2025
Chinese EV shares tumble as BYD sparks ‘rat race’ price war fears

Chinese EV shares tumble as BYD sparks ‘rat race’ price war fears

May 26, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Trump tariffs can stay in place for now, appeals court rules

Trump tariffs can stay in place for now, appeals court rules

May 30, 2025
AI deepfakes pose ‘significant’ risk to ‘identity systems upon which our entire economy relies,’ warns fintech CEO

AI deepfakes pose ‘significant’ risk to ‘identity systems upon which our entire economy relies,’ warns fintech CEO

May 29, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!