Advertising budgetWhen planning your advertising budget, consider not only the seasonality of your business, but also the promotional months in which advertising costs will increase. Use past data (if available). Usually in an e-commerce business, the advertising budget is a fixed percentage of turnover (5-10%) or gross profit (10-20%).
Divide the November and December advertising budget into parts. For example, at the end of November, you can allocate 40% of the budget for new customer acquisition, and in the first few days of December, you can allocate 60% for retargeting.
Identify peak shopping dates (e.g. 20-30 days before Christmas) and increase your advertising budget during this period.
Advertising channelsSpontaneous and time-limited advertising campaigns can fail to deliver results and drain your budget, while overly stretched campaigns are ineffective in the pre-holiday period. If your advertising budget is limited, don't forget about SEO optimisation, fill your website with interesting content and actively engage with your audience on social media. TON OP Bulgaria recommends choosing one or more advertising channels:
A link to a useful and well-written blog post can appear in Google search results for years, providing new potential customers. A new article is another page indexed by the search engine.
Don't send out the same emails. Segment your base by customer preferences or previous purchases.
To promote through context, you can set up traffic to each product group or prioritised product groups. Don't forget to include retargeting and Look-a-like audiences at each stage of the sales funnel (basket, visit, checkout).
New Year and Christmas is a good time to launch a social media advertising campaign. It is often the targeting advertising on Facebook and Instagram that is used at the start of festive sales.
This can be one of the most effective advertising options before the winter holidays. Retargeting helps bring back potential customers, those who have already been to your website. This is especially helpful around the holidays when many visitors are doing research before buying. Set up retargeting on Google and social media to remind users of products they've been browsing or offer special discounts to complete a purchase.
Test small campaignsBefore launching large-scale campaigns, test different advertising formats on a small audience. TON OP Bulgaria allows you to virtually test popular online sales techniques without having to invest real money. Users can select the target audience, adjust targeting parameters and monitor results in real time.
Don't go overboard with your pre-holiday advertising budget. A small online shop or a medium-sized company can't afford the budgets of online giants and large retail sites. You don't need it! Your task: to stand out from the competition - those who work in your price category with your target audience.
Happy New Year! What's next?A drop in sales in the first few days of January is a common situation. Stop your advertising campaigns, but not for long. Holiday emotions have not yet subsided, and neither has online customer activity. After 10 January, remind yourself, have a sale, update your website, launch promotions for loyal customers, and don't forget about social media.