Christmas is coming soon and it’s time to get ready. This season isn’t just for celebrating. It’s also crucial for many businesses. How you perform during the holiday rush can decide profit for the year. To stay ahead you need to plan your Christmas strategy now.
In this guide, you’ll find easy tips on how to prepare business for Christmas. We’ll share useful insights from last year. This will give you a head start for Christmas 2024.
Christmas Shopping Trends from 2023
Data from card machines and POS systems across the UK shows:
- Purchases in the week before Christmas increased by 8% compared to the previous year, while revenue rose by 15%.
- Total purchases in December grew by 6% year-over-year.
- In 2023, there were 4.2 million purchases during Christmas week, with spending estimated at £1.9 billion.
- The busiest shopping day was December 23rd, accounting for 22% of that week’s transactions.
- Grocery and department stores saw the most sales on Christmas Eve.
14 Ideas to Prepare Your Business for Christmas 2024
Christmas is near. Here’s how you can get your business ready: plan for busy times, stock key items, and boost your sales during the holiday rush.
1. Get Ready for Busy Shopping Times
To do well during Christmas, you must prepare for the busiest shopping periods. November and December are the top months for sales because of events like Black Friday and Christmas. Sales keep growing every year. In 2022, December purchases were 7% higher than in 2021.
Plan for specific busy days. For example, December 23rd is usually the most hectic, with a lot of last-minute shopping. Today, people rush to buy electronics, cosmetics, clothes, toys, and jewellery. However, the busiest day for grocery and department stores is Christmas Eve. Shoppers often pick up last-minute gifts and fresh food right before Christmas.
So, mark your calendar for these dates and make sure you’re ready for the rush.
2. Keep Popular Items in Stock
Christmas means more shoppers, and you must be ready with enough stock. Check what sold well in past years to know which products to focus on. Ensure you have these popular items to meet customer demand and keep your shelves full.
Planning is key. Order your stock early because suppliers are busy, too, and you don’t want to run out. If you end up with too much stock, plan a post-Christmas sale or special deals to clear it out.
3. Use Discounts and Offers
Offering discounts is a great way to attract shoppers during Christmas. Many people are looking for deals, especially with the rising cost of living. Research shows that 61% of customers find sales necessary for holiday shopping.
You can stand out by giving discounts. Even a small discount can make a big difference. Aim for 10-20% off to grab attention without hurting your profits. Here are some ideas:
- Early-Bird Discounts: Encourage early shopping by offering deals to those buying early.
- Flash Sales: Create excitement with quick, time-limited offers.
- Bundled Offers: Sell items together at a discount to make them more appealing.
- Loyalty Rewards: Reward your regular customers with special deals.
Remember to tell people about your discounts! Use emails, social media, and ads to inform shoppers and drive them to your store or website.
4. Get Your Website Ready
Online shopping on mobile phones is at an all-time high and still growing. So, for a smooth shopping experience, you need to make sure your website works well, especially on mobile devices.
Think of your website as your online store. It should be fast, secure, and easy to use. It will help you handle the holiday traffic better. Here are vital things to check:
- Protect Customer Data: Use an SSL Certificate to keep customer details safe.
- Enhance Payment Security: Add 3D Secure for extra steps to confirm online payments.
Also, update your website content, add customer support features. And test how well your site handles lots of visitors before the busy season starts.
5. Offer More Payment Options
Make it easy for your customers to pay during Christmas. Most people like to use contactless and mobile payments. If you only accept a few types of payments, you might lose sales.
Small stores like Apple Pay and Google Pay should offer cards and contactless payments. Consider adding Buy Now, Pay Later (BNPL) for online stores. Many shoppers use BNPL to spread out the cost of Christmas gifts.
Also, make sure your staff knows how to process payments, offer discounts, and handle refunds. This way, you’ll be ready for the holiday rush!
6. Make Your Customer Service Awesome
Your customer service needs to be top-notch during Christmas. Research indicates that 77% of customers prefer to remain loyal to brands known for their excellent customer service. Train your team to handle more questions and help shoppers quickly, whether online or in-store. You might also need more staff so everyone gets help fast. Also, make sure your return policy is clear and easy to follow.
7. Decorate for the Holidays
Get your store and website ready for Christmas. In your store, put up festive decorations like lights and ornaments. On your website, use holiday themes and images. Clearly show off your special holiday deals and offers.
8. Speed Up Your Checkout Process
Make it easy and quick for people to buy from you. Keep the checkout page simple with as few steps as possible. Offer guest checkout options so people don’t have to create an account. Provide various payment methods and clarify how to use promo codes or discounts.
9. Boost Your Marketing
Use innovative marketing to reach more people during the holidays. Send out emails with holiday themes and special deals. Post your offers on social media and consider using ads to reach new customers. This will help bring more people to your store or website.
10. Plan for Shipping and Delivery
Make sure you’re ready to ship products on time. Let your customers know the deadlines for Christmas delivery. Work with reliable shipping companies and offer different delivery options. You could even offer free or cheaper shipping as a special holiday deal.
11. Manage Your Inventory
Keep track of your stock so you don’t run out or have too much. Use tools to monitor what you have and what you need. Talk to your suppliers early to avoid delays. Have a backup plan in case there are supply chain problems.
12. Create Gift Guides and Bundles
Help your customers pick gifts quickly. Make gift guides for different groups, like family, friends, or coworkers. Bundle products together at a discount to make them more appealing. Share these guides and bundles through emails, social media, and your website.
13. Check Your Security
Make sure your security is vital to protect against fraud. Use systems to detect and stop fraud. Train your team on how to handle suspicious activities. Keep your website’s security features updated to protect customer information.
14. Plan for After Christmas
Don’t stop after Christmas. Plan special deals for the New Year to sell leftover stock. Promote gift cards and encourage people to use them. Keep in touch with holiday shoppers to turn them into regular customers.
you can read our more helpful blog to grow your business:
- Why budgeting is important for business
- How to Prepare Business for Christmas
- 9 Ways to Motivate Employees
- How to handle declined customer card transactions
Get Your Business Ready for Christmas with Paymentsave
Now you know how to prepare business for Christmas. Want to upgrade your payment services? Contact our experts today or read our blog for more insights.