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8 Tips to Prepare for the Upcoming Holiday Retail Season

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Snezhana Andreeva
Date
22nd November, 2024
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12 minutes
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The holiday season is when your retail business can thrive, but only if you’re prepared for the busy times. It’s also very well known that this period leads to higher sales and strong competition, whether you run a small shop or a big brand. 

According to Statista, in the US, online retail sales during the holiday season increased 8.8 percent in 2023 compared to the year before. Predictions indicate that this growth has probably risen to 9.5 percent in 2024.

If you’re reading this, you’re likely wondering how to handle this holiday rush and make the most of it. Don’t worry! We’re here to give you useful tips on how to prepare your store for the holiday season and avoid common problems.

In this article, we’ll go over everything from getting your stock ready to preparing your staff and marketing strategies.

Let’s get started and make sure your business is ready for the holidays!

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What is the holiday retail season?

The holiday season isn’t just the time between Thanksgiving and New Year’s Eve, it’s the busiest time for stores, starting well before Black Friday.

Many stores see more sales as early as October, but the busiest shopping time is in late November and December. It’s important to know what this season means for you and your customers.

The “Holiday season” for stores usually includes:

  • Black Friday: The day after Thanksgiving, when people go to stores and websites for big discounts.
  • Cyber Monday: The Monday after Thanksgiving, mostly for online shopping.
  • Christmas: The week before Christmas Day has a lot of in-store and online shopping, with some people shopping right up until December 24th.
  • Boxing Day: On December 26th, in some regions, Boxing Day sales are as important as Christmas sales, and people look for big discounts.
  • After New Year sales: The week following New Year’s Day, when stores aim to sell off leftover holiday items.

Knowing these important dates helps you plan more effectively and take advantage of sales chances. If you don’t know about these events and their timing, you might be unprepared, which no business wants during busy times!

8 tips for preparing for the upcoming holiday retail season

The holiday season brings a surge of eager shoppers, but it also comes with its own set of challenges for retailers. 

Here are some strategies to help you turn this busy time into a major opportunity for growth and success.

1. Get your inventory ready

Running out of stock at the wrong time is the worst that you can do to your business. With holiday sales being hard to predict, you want to be ready without overstocking and risking big discounts. 

Good inventory management is important, and here’s what you can do:

Prepare your best-selling items

Check your past sales and find out which products were popular during the holidays in the past. These are the items you should have plenty of. For clothing stores, this might include warm sweaters, scarves, and fashionable holiday dresses. By knowing what sells well, you’ll make sure you have enough for busy sales times. 

Prepare for possible trends

Some trends can be predicted, but others might appear suddenly. To stay adaptable, keep your ordering options open, so you can quickly respond to new trends. For example, if a certain style or color becomes popular during the season, you’ll be ready to add more without wasting time. You can use Google Trends to track popular products and market trends, helping you decide what to sell in your retail store.

Monitor your inventory

Use tools like QuickBooks Commerce, or Zoho Inventory to keep track of what you have in stock. These tools let you see your stock levels instantly, so you can make changes and order more before you run out. With good tracking, you can avoid the problems of having too much or too little stock, which can be expensive.

Example: Imagine you sell sweaters. From past years, you know that thick, knitted sweaters are very popular during the holidays. You might decide when to order more sweaters based on how fast they sold in the past few years. When your stock gets low, your system automatically orders more, so you don’t lose sales. This lets you concentrate on promoting your sweaters instead of worrying about how many you have left.

2. Make your online store shine

Whether you have an online store, a physical shop, or both, having an online presence now is more important than ever. More and more customers are shopping online, especially during the holiday season when digital shopping increases a lot. 

Here’s what you should do:

  • Optimize for mobile: Most customers will visit your website using their phones. Make sure your site loads fast, looks good on all phone sizes, and is easy to use. 
  • Make checkout easy: No one likes a long, complicated checkout process. Keep it simple and quick to avoid people leaving without buying.
  • Clear and simple menus: Structure your website’s navigation by creating holiday-themed categories such as “Holiday Gifts,” “Gift Ideas,” and “Winter Essentials.” This makes it easier for customers to locate what they need. Besides, make sure your search bar is prominently placed and delivers relevant results, offering filters for price ranges, categories, and popular items.
  • Add holiday visuals: Give your online store a festive look. Whether it’s a special holiday banner or seasonal product suggestions, small changes make a big impact.

Pro tip: Consider adding a countdown timer for holiday deals. It creates urgency and encourages shoppers to take action before the offer expires.

3. Plan your holiday promotions

Everyone enjoys a great deal, and the holiday season is the perfect time to offer exciting promotions. Customers are always searching for discounts and special deals. 

Here are some tips to make your promotions more appealing:

Flash sales

Offering discounts for a short time creates a sense of urgency. You can have flash sales throughout the season, such as “Black Friday Week” or “Cyber Monday Flash Deals’’. These sales encourage customers to act quickly, making them feel like they could miss out on something special.

Bundle offers

Giving a discount when customers buy more than one product is a good way to increase the average amount spent per order. For example, “Buy one, get one 50% off” or “Buy a sweater and get a scarf for free”. You can also create themed bundles that match the season, encouraging customers to buy related items.

Holiday gift guides

Create a list of items that make great presents. Help customers find something they know their friends and family will enjoy. You can arrange the list by price or type of gift, like “Gifts for Women” or “Small gifts for stockings”. 

Loyalty rewards

Give special offers to your loyal customers. A loyalty program where customers earn points to use on future purchases is very effective. During the holidays, you might offer double points on purchases or extra rewards for bigger spending.

Free shipping

Provide free shipping for a short time or when customers spend a certain amount. Free shipping is a big attraction for online shoppers, especially during the holidays when they want to avoid extra fees. You could even offer free shipping on all orders for special days like “Free Shipping Friday”.

Early discounts

Give special discounts to customers who shop before the main holiday shopping rush. This can be particularly helpful for those who want to avoid the busy shopping season. For example, “10% off on all purchases before December 1st”, or, “Pre-Black Friday sale”.

Limited edition products

Make some of your products special and only available for a short time, or create holiday-themes versions. The specialness of these items can make people excited and want to buy them before they’re gone.

4. Prepare your customer service team

The holiday season brings more questions and problems from customers. They might ask about the shipping policy, if products are in stock, or how to return items. 

Here’s what you can do to manage it:

  • Train your staff: Ensure your customer service team knows how to deal with common holiday problems. They should be ready for anything, from handling returns to helping last-minute shoppers.
  • Create an FAQ page: Assume what customers may ask and make a detailed FAQ section on your website. This will save time for both your team and your customers.
  • Use Chatbots: Let chatbots handle basic inquiries like store hours, product availability, and return policies. This way, your team can focus on more complicated customer needs.

Pro tip: Ensure your customer service team is available through multiple channels, including email, phone, and social media.

5. Get your brick-and-mortar store ready for holiday shoppers

For physical stores, the in-store experience is as crucial as the online one. You want your store to feel cheerful and welcoming, making it simple for customers to find what they need. 

These are some ideas that you can implement in your store to make it more “holiday-ish”:

  • Holiday decorations: Creating the right ambiance can encourage people to stay in your store longer. Use lights, holiday tunes, and festive decorations within our store and in your window display to make it a pleasant shopping space.
  • Product arrangement: Group products by themes or set up special holiday displays. Items such as scarves, mittens, and holiday sweaters should be placed together.
  • Gift wrapping service: Offering free or discounted gift wrapping adds a personal touch and can encourage last-minute shoppers to buy more.

Example: Create a holiday-themed section featuring cozy sweaters, scarves, and gloves displayed together. You can also add twinkling lights and festive music to enhance the atmosphere and offer gift wrapping for customers picking out holiday presents. This makes your store feel like a one-stop shop for holiday gifts, encouraging customers to stay longer and make more purchases.

6. Plan your holiday marketing

The holiday season has arrived, and it’s time to make some noise with your sales! Shoppers are looking for great deals, so your holiday marketing should be eye-catching and grab their attention. 

Here’s how to make sure your promotions are successful this season:

  • Social media ads: Share special holiday deals and products on social media with engaging posts Use Instagram and Facebook ads to reach people looking for holiday gifts.
  • Retargeting ads: Use ads to remind people who visited your site before about the products they looked at. This can encourage them to come back and buy before the holidays.
  • Email campaigns: Send personalized holiday emails with product suggestions and special deals.
  • Influencer partnership: Work with influencers who match your brand to help spread the word about your products during the holiday season.
  • Seasonal blog content: Write blog posts related to the holidays, like ‘’Gifts ideas’’ or ‘’How to dress for the holidays’’. Share these posts through email or social media to engage customers.
  • Limited-time offers: Promote special deals that are only available during the holiday season. Emphasizing that these offers are limited can encourage customers to act quickly.
  • Holiday countdown timer: Include a countdown timer on your website or in emails to create a sense of urgency for time-limited promotions, encouraging customers to buy before the offer ends.
  • User-generated content: Ask customers to post pictures of their holiday purchases and tag your brand on social media. Showcase their posts on your profiles to strengthen community and trust.
  • Referral programs: Motivate your current customers to refer friends and family by offering holiday-themed rewards such as extra discounts or gifts with their next purchase.
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7. Use data to your advantage

Data can be really helpful during the holiday season. By looking at past sales, you can guess what people will want and make better choices. Here’s how to use data:

  • Check past sales: See what items sold well last year and make sure you have plenty of those.

Tool: If you have an online store on platforms like Shopify, check Shopify Analytics or if you have a physical store, your store’s sales reports can show what items were popular last year.

  • Use tools to track: Use tools to see how customers behave and find out what’s becoming popular and which are the latest trending products.

Tool: For an online shop, Google Analytics helps you understand how people use your website, while for an offline store, keep an eye on foot traffic and make sure your staff pays attention to what sells most.

  • Listen to customers: Look at what customers say about your products to find out what they like and don’t like.

Tool: Trustpilot and Yotpo can help you collect and understand customer reviews to know what they want and what problems they have.

8. Don’t forget about post-holiday prep

The holiday season doesn’t stop when New Year’s Eve ends, so it’s important to plan for returns, exchanges, and leftover items.

Having a sale after Christmas or New Year’s is a good way to sell extra stock and keep customers interested. 

Make the return process easy, by offering exchanges or store credit for unwanted presents to keep customers happy. Check what items are left and decide how to sell them during the quieter times, or think about grouping them for the next year’s sales. 

A good idea is to offer a gift card deal after Christmas, encouraging customers to come back for their post-holiday shopping and ensuring they keep buying from you all year.

Stay ahead and keep things running smoothly

By planning, you’ll be prepared to handle the holiday season confidently. The secret to success is being ready–make sure your stock, marketing, and staff team are all set, and you’ll be ready for the busiest shopping time of the year.

Always focus on being flexible and keeping your customers happy. Stay calm and positive, even when things get busy. You can do it!

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