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If there were a Marvel movie on community-centered shopping, Black Friday would be Thanos and Small Business Saturday (SBS) would be The Avengers. SBS is a shopping holiday that falls the day after Black Friday and pushes shoppers away from over-consumption at retail giants and towards the support of local artisans and entrepreneurs. As the pandemic continues to disrupt shopping routines, SBS could not be more important for local makers and sellers. To guide sellers on how to navigate the online marketplace over the holidays, NextFab ran a three-part webinar series called, “From Making to Selling.” In the final part of this series, we spoke with Cass (Oryl) Bailey, Founder and CEO of Slice Communications. Her experience in public relations, social media, and email campaigns gave some top-quality insight into marketing for Small Business Saturday.
Before diving into Small Business Saturday, Cass gave her a general view of modern shopping habits. She coined the term “Buying Process Pretzel,” which sadly, is a little more complicated than the process of buying a Philly soft pretzel. Cass explained that consumers usually move through these steps before purchasing a product:
Hear about product → Check out the website → See an ad → Revisit the website → Follow on social media → Buy the product.
While most people would call this a buying process model, we are going to stick with pretzels because the process is intertwined and twisted together, just like our beloved Philly soft pretzels. The process shows that shopping is no longer as simple as “See it, like it, buy it.” It’s all about visibility, exposure, and consistency. The days leading up to Small Business Saturday are the perfect opportunity to increase your visibility and get potential customers onto the buying process pretzel. Cass recommends 4 things to do before SBS:
View this post on Instagram A post shared by Slice Communications (@slicecomm)
A post shared by Slice Communications (@slicecomm)
How much should you spend on paid ads before SBS? Cass’s rule of thumb is to spend 10% of the revenue you’re hoping to generate. People need time to go through the pretzel process of brand interaction, so you want to start promotion efforts a few weeks before Small Business Saturday.
Cass gave a nice summary of social media advertising depending on your goals and your audience:
Since the main focus for Small Business Saturday is to increase your discoverability, social media is a great tool to use. Here are a few top tips to think about:
While social media is good for visibility, email marketing drives more sales. How can you increase your mailing list before SBS? Promotional phrases like these will encourage people to sign up:
“Be the first to know about our new products.”
“Get a 10% discount coupon when you sign up.”
“Receive exclusive deals as part of our loyal mailing list.”
Once you’ve got the people, what content will drive sales on SBS?
Top tip: SBS is about discoverability, not discounts. Cut prices at the end of the season when you have less demand. To learn about using your money sensibly, listen to our webinar on “Financial Planning During the Holidays.”
SBS is usually promoted in retail store locations, but due to Covid, makers need to rely on other avenues and networks to bring in business this year. Cass gave 3 ways to increase your network ahead of Small Business Saturday:
To learn more about promoting your local business on Small Business Saturday and beyond, Cass suggests LinkedIn Learning, MailChimp, Hubspot, Sprout Social, and Hootsuite. For more information about planning, promoting, and selling this year, listen to the other webinars in the “From Making to Selling” series.
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