Analysis of last year’s performance

Step-by-step Black Friday preparation plan for your store at all points of sale

Learn how to effectively prepare for Black Friday with a step-by-step plan for offline and online stores. Increase sales, optimize inventory, plan marketing, and set up SMART promotions.

This sample plan provides detailed preparation for Black Friday chinese thailand data at points of sale, following the SMART principles for each task: offline store (showroom), online store and marketplaces.

Step 1:(Time: 1st week of October)

  • Challenge : Analyze sales data from last year’s Black Friday across all channels to identify top-selling products, peak sales, and customer reviews.
    • S (Specific) : Create a report with a detailed analysis of sales for last year’s Black Friday for offline points, online stores and marketplaces.
    • M (Measuring) : The report should include the top 20 best selling products, sales volumes and peaks over time.
    • A (Achievability) : Use existing sales data and analytics tools.
    • R (Relevance) : Helps in planning stocks and promotions for the current year.
    • T (Time Limit) : Complete by October 7th .

Step 2: Inventory Planning (Time: 2nd week of October)

  • Objective : To forecast demand and ensure sufficient inventory levels for top-selling products.
    • S : Order additional product to cover the expected 50% sales increase for the top 20 products.
    • M : Place orders  definition of north star metric by airfocus to increase stock by 50% on selected items.
    • A : Agree with suppliers on the possibility of supplying additional volumes.
    • R : Avoid out of stock and maximize sales.
    • T : Place orders before October 14th .

Step 3: Developing a Pricing and Promotional Strategy (Time: 2nd week of October)

  • Task : Develop special offers and  discounts for Black Friday.
    • S : Create a discount strategy that includes 30% off select items and special bundle offers.
    • M : Finalize the list of products and corresponding discounts.
    • A : Negotiate discounts with the finance department to maintain margins.
    • R : Attract more customers and increase sales.
    • T : Complete development of shares by October 14 .

Step 4: Develop a Marketing Campaign (Time: 3rd week of October)

  • Task : Plan and create marketing Aero Leads materials for Black Friday.
    • S : Prepare designs for email newsletters, social media posts, and offline advertising materials.
    • M : Create at least 3 email templates, 10 social media posts, and offline poster designs.
    • A : Use an in-house marketing and design team.
    • R : Increase customer awareness and drive traffic.
    • T : Complete creation of materials by October 21st .

Step 5: Staff Training and Scheduling (Time: 3rd week of October)

  • Task : Train staff on new promotions and customer service expectations, and plan additional staffing for the sales period.
    • S : Conduct training for all sales personnel on new promotions and managing increased customer flow.
    • M : Ensure that 100% of staff participate in at least one training session.
    • A : Schedule training sessions during working hours or at a time convenient for staff.
    • R : Provide a high level of service and customer satisfaction.
    • T : Complete training by October 25th .

Step 6: Preparing the Website and Mobile App (Time: 4th week of October)

  • Challenge : Optimize website and application performance to handle increased traffic.
    • S : Conduct load testing and fix any issues found so that the site can handle a 100% increase in traffic.
    • M : The site successfully passes testing under double the current load.
    • A : Work with the IT department to optimize.
    • R : Avoid crashes and provide a smooth user experience.
    • T : Complete optimization by October 28th .

Step 7: Marketplace Optimization (Time: 4th week of October)

  • Task : Update product cards and set up promotions on marketplaces.
    • S : Ensure all products have optimized descriptions, high-quality images, and are connected to Black Friday promotions.
    • M : 100% of product cards have been updated and promotions have been set up.
    • A : Use marketplace tools and recommendations.
    • R : Increase visibility and sales on marketplaces.
    • T : Complete the update by October 31st .

Step 8: Planning Logistics and Order Fulfillment (Time: 1st week of November)

  • Challenge : Ensure order fulfillment processes are prepared for increased volume.
    • S : Increase warehouse capacity by 50% and arrange for additional courier visits.
    • M : Confirm the increase in the staffing schedule and courier schedule.
    • A : Coordinate with logistics partners and in-house warehouse.
    • R : Meet delivery deadlines and avoid delays.
    • T : Complete planning by November 7th .

Step 9: Launching a Marketing Campaign (Time: 2nd week of November)

  • Task : Launch marketing activities across all channels.
    • S : Send email newsletters, schedule social media posts and place offline advertising in stores.
    • M : Cover the entire customer base, daily posts on social networks.
    • A : Use marketing automation tools.
    • R : Create excitement and remind customers about upcoming discounts.
    • T : Start the campaign from November 10th .

Step 10: Monitoring and Adjustments (Time: Black Friday Week)

  • Task : Monitor sales and operational activities, make necessary adjustments in real time.
    • S : Set up dashboards to track key metrics and conduct daily briefings.
    • M : Generate reports daily and make changes as needed.
    • A : Use existing analytical tools.
    • R : React quickly to problems and maximize sales.
    • T : During the week of Black Friday, November 20th – 27th .

Step 11: Post-Analysis and Conclusions (Time: Week after Black Friday)

  • Objective : Analyze results and gather insights for future activities.
    • S : Prepare a report summarizing sales, customer feedback, and operational calls.
    • M : The report should include key metrics and recommendations.
    • A : Compile data from all sales channels.
    • R : Improve strategies for future sales.
    • T : Complete the report by December 4th .

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