This is how Black Friday 2020 went

10/12/2020
  • Now that data has settled down a bit, let's take a look at how Black Friday 2020 went. Will predictions we all had come true? Let's find out.

  • You know that many eCommerce and retailers put a lot of their hopes in Cyber Week, those days between Black Friday and Cyber Monday when sales skyrocket, but... Will it be like that or will it be killing the goose that lays the golden eggs?

    With such a turbulent year, we are living through (coronavirus through), any stimulus to trade is welcome. We are using the main analyses to find out to what extent Black Friday 2020 has been able to rescue sales.
  • What were the forecasts for Black Friday 2020?

  • Without dwelling too much on what we thought might happen, it is worth knowing in broad strokes what we all had in mind.

    It was basically along these lines:

    • Fall of retail: the restrictions of many areas and the very fear of COVID necessarily had to harm the physical store.
    • eCommerce boom: this is something that has been a trend for years, but it has increased with everything that happened during the lockdown and the following months.
    • Certain niches rise and others fall: to the classics of these dates (electronics, fashion ...) are added certain niches that grew in the lockdown. Meanwhile, others continue to suffer, such as tourism or shows with a social component.
    • The average ticket suffers: the health crisis has brought with it an economic and global crisis. The interest in the offers should be high, but the total expenditure, lower.
    • Increased online competition: retailers have tried to compensate their sales by betting on this channel. 

    These 5 points summarize quite well what all of us who are involved in eCommerce had in mind. Now we will see how successful we were. 
  • How did Black Friday 2020 go?

  • Based on different studies, we can already talk about consolidated data. To begin with, we must say that when we were considering how coronavirus would affect Black Friday, we were not very far off, to be honest. This is important because it will be a preview of what will happen with Christmas.

    Let's look a little more closely at how Black Week ended based on the data in this Salesforce report.
  • #1 - Growth in orders and traffic

  • As we see, it is practically equivalent. The amount of traffic has increased by 28%, achieving a 27% increase in the number of orders processed.

    At least in that sense, we can say that Black Friday continues to work. In Spain we have seen an increase of around 30%, which is the overall figure.
  • #2 - Average ticket value

  • In the period between Friday and Monday, the average value of the orders was $82 (far from the $105 global). In addition, this meant a 23% increase in profit, which is what really matters.

    Is this a lot or not? Actually, it will always depend on the data from each eCommerce - selling socks is not the same as selling computer equipment - but at least it gives us a basis on which to assess the impact at a national level in general.
  • #3 - Orders from the mobile

  • It is always a fact to keep in mind. The trend is usually upwards, although we saw that during the lockdown it lost weight in relation to the traffic and purchases made from desktop computers.

    In Black Friday 2020 we have seen that the amount of orders generated from computers and cell phones is increasingly equated. Specifically, the latter accounted for 47% of domestic users.

    Here we are also behind the world average and, moreover, significantly so. Globally, the figure has already surpassed 50%, driven by the Asian markets (54%).
  • #4 – Sales channels

  • Social networks and SEM continue to be one of the engines of communication and sales during Black Friday. However, you will be surprised to see which strategies are growing the most.

    Email marketing grew by 13% compared to last year (remember these campaigns we talked about). Nothing unusual about this, but it turns out that push notifications and the sending of SMS grew by 142% and 156% respectively. This is no coincidence, but rather something to bear in mind during the Christmas campaign and throughout the year 2021.
  • #5 – Segments and niches on the rise

  • That said, the classics always make a difference in this period (take a look at both home and garden). Still, it is very interesting to look at the data provided by Nosto on its blog:

    • Health and beauty: up 11% in visits and 22% in revenue
    • Sports and hobbies: up 19% in visits and 20% in revenue
    • Home and garden: up 52% in visits and 55% in revenue
    • Fashion and accessories: up 7% in visits and down 4% in revenue
    • Food and beverage: up 45% in visits and 31% in revenue
  • In the end, the new consumption patterns have continued to be repeated during the week of Black Friday. It is interesting to note the rise of the home or food and, at the same time, how fashion and accessories have not taken off as they have in previous years.
  • These are the facts: this is how Black Friday 2020 has gone. Let's take this opportunity to ask: How did it go for you? What do you think? Share with us!

  • Images | Unsplash, Salesforce.

Miguel Nicolás


Miguel Nicolás O'Shea is a life-long copywriter (more than 15 years working in agencies) and a specialist in Search Marketing (SEO and PPC). From now on, he will contribute with his online marketing experience to Oleoshop, publishing regularly.

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