Podcast
203: Black Friday
“In life, change is inevitable. In business, change is vital.” – Warren G. Bennis
In episode 203 of the No B******t Marketing Show, Dave gets into why Black Friday shopping trends are decreasing. The amount of people shopping on Black Friday has taken a 28% nosedive over the last two years. Retailers apply analytics to strategically promote discounts specifically to each of us, and more discount shopping options are on the upswing. With more shopping options, such as Cyber Monday and Green Monday, consumers are able to shop conveniently and in ways that match their lifestyle.
The big take away here is that If retailers don’t adapt to cultural, political, and emotional trends that motivate consumers, then their business will wither.
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