Ecommerce revenue reached $211.7 billion during the 2022 holiday shopping season. Even more striking: nearly 10% of those sales occurred in only two days. Consumers spent over $9 billion on Black Friday, and over $11 billion on Cyber Monday.
There’s no question that the holiday season has the potential to blow sales revenues for the first three quarters out of the water — if you’re well prepared.
So, is your ecommerce platform ready to scale up as 2023’s holiday shopping traffic surges? What about plans for promotions, boosting website performance and security, and inventory management for the holidays?
At OneMagnify, we want you to reach your revenue potential. That’s why we put together a handy holiday ecommerce readiness checklist that you can use to get ahead. It covers everything to ensure a spectacular holiday shopping season.
Most retail companies spend a good part of each year planning for those final months. After all, there are a lot of big-spending holidays and shopping events to prep for in 2023, including:
There are also opportunities for pre-season sales, post-season shopping, and everything in between.
Our holiday checklist enables you to get ready for everything. It covers:
No question, there’s a lot to prepare for. And one oversight, like slow page loading speed or friction at checkout, could stop a business from bringing in the game-changing revenue numbers it needs.
That’s why being thorough is so important, so let’s get started.
If the last three years have taught B2C and B2C companies anything, it’s that good supply chain management can make or break a business.
If your contracts with suppliers are not setup by now, you might not have the products and materials necessary for the busy holiday season.
Here’s what you should do to plan:
Faster website speed can translate to higher conversions. According to research by Portent, a digital marketing company, ecommerce sites that load in one second have a three times higher conversion rate than slower sites.
Also ensure your site won’t crash when traffic peaks on those high-sales days like Black Friday and Cyber Monday. If heavy user load causes a website to fail, customers aren’t going to wait for you to fix it. They’ll buy from the competition instead.
Here’s what you can do to boost performance and scalability:
The holiday shopping season might be the first time some of your customers land on your website, so you want to make a strong first impression. A great UX will also help to drive more conversions every time someone lands on your site to shop.
A website that offers an intuitive, clean user interface (UI) invites visitors to explore, shop, and buy. A cluttered site, on the other hand, can increase your bounce rate.
OneMagnify refreshed the UX design for Rio Grande, a wholesale jewelry supplier.
After the improvements, Rio Grande experienced improved site performance and has been able to offer customers a far better customer experience, translating to more sales and sustainable success.
Here’s what you can do to enhance the user experience on your ecommerce website:
Plan your email promotions, ad campaigns, and retargeting strategies now!
This way you can spend the holiday season tracking performance and optimizing your marketing channels rather than scrambling to create all your content.
Here’s what you can do:
In 2021 on Black Friday and Cyber Monday, 4,151 ecommerce stores were hit by a massive cyberattack. The hackers stole customers’ personal data, including payment information.
Security and compliance matter all year. But, you don’t want your ecommerce platform to be vulnerable during the intensive holiday shopping season.
Here’s a holiday ecommerce guide for boosting security:
When the holidays end, there are still opportunities to impress customers and sell more.
Here’s how you can be ready to capitalize on this critical shopping window:
The more prepared you are now, the more ecommerce sales your business is likely to see. Don’t wait for the seasons to change. Holiday shopping can start picking up in October, and there’s a lot of ground to cover, from inventory management to holiday marketing planning.
Take a big step toward holiday season readiness today by making sure your ecommerce platform is prepared for the holidays and partner with OneMagnify. Our experienced team can help with everything from conversion optimization to UX design.