Bye bye Black Friday, hello Black November


Bye bye Black Friday, hello Black November

The traditional Black Friday weekend is rapidly being replaced by ‘Black November,’ as retailers embrace month-long discount strategies to cater to changing consumer habits. Data from eCommerce provider Visualsoft reveals that extended discount strategies have driven significant growth, with November revenue surging 40 per cent year-on-year across its platform.

This shift in consumer behaviour is redefining the retail calendar, offering extended opportunities to capture consumer attention and increase revenue. Insights from Visualsoft’s data highlight several key trends:

Revenue growth amid sector challenges

Notable sectors included office supplies (+413 per cent) and professional services (+372 per cent), with significant year-on-year revenue growth reflecting consumer priorities such as productivity and planning for the new year. Gifts and gaming (+161 per cent) also thrived, fuelled by early festive shopping and the popularity of tech-related gifts.

Home improvement and active lifestyles were major themes, with flooring, rugs and carpets (+68 per cent) and sports, outdoors and recreation (+67 per cent) enjoying substantial gains in revenue year on year as consumers focused on creating comfortable living spaces and staying fit.

Traffic and engagement surpass expectations

Online traffic during November surged by nearly 35 per cent compared to 2023, surpassing even the high levels seen during the COVID-19 pandemic. This increase underscores the effectiveness of month-long campaigns in sustaining consumer engagement.

Shoppers increasingly used the entire month to secure value-driven deals, with fewer relying solely on the Black Friday weekend and favouring extended research to maximise savings.

Economic pressures shape buying habits

The economic climate played a pivotal role in driving changes to consumer behaviours during black November. Average order value (AOV) rose by an impressive 16 per cent versus the previous year, as shoppers favoured fewer, higher-value transactions. Many consumers responded to inflation by taking advantage of bulk-buy offers and promotions such as free shipping thresholds, demonstrating a focus on efficiency and savings.

Sector highlights: fashion, jewellery, and footwear thrive

 Fashion led the way in AOV growth, achieving a remarkable 50 per cent year-on-year increase. This performance highlights the sector’s success in encouraging larger basket sizes through strategic pricing and compelling campaigns. Jewellery and footwear also saw notable gains, with AOV increasing by 15 per cent and over 8 per cent, respectively.

Ashley Wright, Chief Commercial Officer at Visualsoft, commented: “Black Friday has evolved into ‘Black November’, with retailers successfully adapting to changing consumer behaviours. By extending sales periods and creating value-driven campaigns, they are not only mitigating economic pressures but also capturing the attention of a broader audience. This trend is reshaping the Golden Quarter and paving the way for long-term eCommerce growth.”

“Retailers are also benefiting from increased flexibility, using the longer discount period to run targeted campaigns, optimise inventory management, and address operational challenges such as shipping and returns. This approach has allowed businesses to better meet consumer expectations while driving revenue growth.”

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Sign up to receive our newsletter