Small retailers hope to repeat Black Friday success on Small Business Saturday
Some independent shops almost doubled online Black Friday sales this year compared to 2014 according to new research by Intelligent Retail.
Small retailers? average online sales over the weekend were eight per cent higher on 27 November than in previous years and one firm surveyed reported a 97 per cent increase in volumes.
Online conversion rates were also higher this year with an average increase of some 45 per cent.
Intelligent Retail’s managing director David Mackley said: These figures show how small businesses are looking to maximise online sales. The difference we saw this year is that so many more independent retailers engaged in proactive marketing to their customers over the Black Friday weekend and those that did tended to reap the rewards.
Parcel management software company NetDespatch also saw evidence of an increase in Black Friday sales. The volume of parcels shipped through the platform was 34 per cent higher over the promotional weekend than it had been the year before.
NetDespatch commercial director Matthew Robertson said: Year-on-year, parcel volumes over Black Friday and Cyber Monday continue to rise and this trend shows no signs of abating.
Small retailers are anticipating that a successful weekend in physical shops will follow Black Friday’s online successes with Small Business Saturday on 5 December rapidly approaching, and more independent shops involved than ever before.
Hannah Wilkinson is a reporter for Business Advice. She studied economics and management at Oxford University and prior to joining Business Advice wrote for Kensington and Chelsea Today about business and economics as well as running a tutoring company.
Small business owners across the UK will once again get the opportunity to promote and market their company for free on 5 December, as American Express launches its third annual Small Business Saturday across the country. more»