Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Small businesses plan events, start marketing earlier to deal with shorter holiday shopping season

The holiday shopping season is underway, and this year small businesses have less time to capitalize on the busy shopping period

Mae Anderson
Tuesday 10 December 2024 10:28 EST
Small Business Monitor Shorter Shopping Season
Small Business Monitor Shorter Shopping Season (Copyright 2024 The Associated Press. All rights reserved.)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The holiday shopping season is underway, and this year small businesses have less time to capitalize on the busy shopping period.

Only 27 days separate Thanksgiving and Christmas — five fewer than last year. But there are still ways to make the most of a shorter season.

The National Retail Federation predicts that retail sales will rise between 2.5% and 3.5% compared with same period a year ago. Online shopping is expected to grow too. Adobe Digital Insights, a division of software company Adobe, predicts an 8.4% increase online for the full season.

But small businesses have to work extra hard to compete against bigger retailers. One key strategy is to promote deals to customers wherever you can, from social media to physical ads. Also, cultivate repeat customers by offering special deals to loyalty program members.

Roberta Perry, owner of ScrubzBody Skin Care Products shop in Farmingdale, N.Y., said she started offering a “Buy One, Get One Free” promotion a week early — the Friday before the Black Friday holiday shopping weekend. The holidays are key for her because she makes 30% of her sales in the six week holiday period.

Offering the discount early “has given us the opportunity to hype our own special sales day, and take away some of the pressure from people who start their season the following week,” she said. “It also gives us a week before the true holiday season begins to send out the orders and get set for the next few weeks.”

On Black Friday and Small Business Saturday, she offered a free gift with purchase and then for the rest of the holiday season is offering free gift wrapping and cards.

She also extends her hours in December.

“Anything to make our customers lives easier,” she said.

Amy Peterson, co--founder of Rebel Nell, a jewelry shop in Detroit, dealt with the shorter season by starting promotions early and creating a “Design Your Own Jewelry” event to draw in customers.

“These efforts help us stand out and give customers a reason to shop early and often,” she said. The “Design Your Own Jewelry” experience is “a great activity for friends and family, allowing customers to craft something truly unique,” she said.

The shop also launched a special holiday collection featuring crystals and pieces made with material from a historic theater in Detroit, Fox Theatre, which recently went through a renovation.

Those pieces “resonated with customers seeking meaningful, one-of-a-kind gifts,” Peterson said. “Trends show shoppers are still expecting Black Friday promotions, and while small businesses like ours can’t match the margins of big box stores, we’ve embraced the opportunity to remain competitive and show appreciation to our loyal customers.”

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in