With Black Friday and Cyber Monday behind us, it’s a good time to assess how different marketing channels performed through another record-setting BFCM shopping period and what this can tell us about consumers’ shopping habits in 2024.
Looking at Omnisend’s recently released BFCM marketing report, which analyzed over 2.5 billion marketing emails, 29 million SMS, and 30 million web push messages sent by Omnisend merchants in November, five holiday shopping insights stuck out to me:
1. Companies Were Prepared for an Early Start
We anticipated an early start to the holiday shopping season — and we got it. Shoppers spent $76.8 billion online in October, up 5.9 percent year-over-year (YoY). Brands were well prepared with their marketing.
In October, brands sent 39.9 percent more emails and increased orders by 16.5 percent YoY. But while the send increase was consistent throughout the month, orders saw a heavier uptick in the second half. The week of Oct. 22 saw email orders increase by nearly 26 percent and 27.7 percent the following week.