{"id":1070,"date":"2018-12-14T07:49:02","date_gmt":"2018-12-14T15:49:02","guid":{"rendered":"http:\/\/www.agiliron.com\/blog\/?p=1070"},"modified":"2025-09-25T21:47:38","modified_gmt":"2025-09-26T04:47:38","slug":"5-ways-to-boost-your-profits-this-holiday-season","status":"publish","type":"post","link":"https:\/\/www.agiliron.com\/blog\/5-ways-to-boost-your-profits-this-holiday-season\/","title":{"rendered":"5 Ways to Boost Your Profits This Holiday Season"},"content":{"rendered":"

The holidays are coming and it’s time for selling.<\/strong><\/h2>\n

We have entered the holiday season, which means the time for gift-giving is upon us. As a retailer, the holiday season presents a golden opportunity to sell more products, boost your profits, and grow your customer base.<\/span><\/p>\n

In fact, recent studies suggest that this year, consumers expect to spend an average of <\/span>$1,007.24<\/span><\/a> each during the holiday season, up 4.1% from $967.13 in 2017. And if you take the right measures to promote your brand, entice festive shoppers into your store, and encourage conversions, you\u2019ll be able to enjoy a respectable slice of this year\u2019s festive retail pie.<\/span><\/p>\n

To help you do just that, here are five ways you can sell more products in your store this holiday season.<\/span><\/p>\n

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Email marketing, seasonal style<\/b><\/h2>\n

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Contrary to popular belief, email is still an incredibly effective channel when it comes to engaging holiday shoppers and driving them to the checkout, both virtually and physically.<\/span><\/p>\n

80% of retail professionals<\/span><\/a> state that email marketing is their biggest driver of customer retention. Moreover, <\/span>73% of millennials<\/span><\/a> identify email as their preferred means of business communication.<\/span><\/p>\n

That said, by reaching out to your existing subscribers with email content that is not only brimming with warm seasonal imagery but is presented in a concise, catchy, and digestible way, you stand an excellent chance of driving traffic to your website, and your store.<\/span><\/p>\n

To encourage subscribers relatively near your store (geographically speaking) to head in-store and make a purchase, create a targeted email that offers a deal or discount that can only be redeemed in person.<\/span><\/p>\n

To hook your subscribers in, outline the offer in the subject of your email. And to increase the likelihood of your prospects taking a trip to your physical store, make redeeming the offer as simple as possible by including a barcode or QR code in your email. Today\u2019s users like transparency, convenience, and simplicity – make your customers\u2019 lives easy, and you\u2019ll sell more products this holiday season.<\/span><\/p>\n

For inspiration in developing the content of your seasonal email marketing efforts, explore these <\/span>excellent examples of brand storytelling<\/span><\/a>.<\/span><\/p>\n

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Traditional greetings<\/b><\/h2>\n

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70% of business leaders<\/span><\/a> say that it’s more cost-effective to retain a current customer than to attract a new one. <\/span><\/p>\n

With that in mind, share your appreciation this holiday season, reinvigorate brand awareness, and engage with your existing customers on a personal level by mailing them (rather than emailing them) a personalized greeting card. It\u2019s an excellent way to inspire seasonal shoppers to visit your store.<\/span><\/p>\n

Sending out a heart-warming holiday message in e-format may be convenient, but an alluring, branded greeting card with a tasteful message, along with the code for an exclusive discount (only available in-store), will add an extra personal touch to your festive marketing efforts. <\/span><\/p>\n

By giving particular customers email exclusive deals and other segments of your subscriber base exclusive offers by \u201csnail mail,\u201d you will cover all of your bases. And by analyzing the <\/span>demographic data<\/span><\/a> available to your business, you\u2019ll be able make an informed choice as to which customers are most likely to respond to each medium, boosting your holiday profits as a result.<\/span><\/p>\n

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Partner up<\/b><\/h2>\n

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While demonstrating a solid level of loyalty to your existing customers over the holidays is essential, this time of year is an excellent opportunity for building brand awareness and encouraging new customers.<\/span><\/p>\n

During the holidays, there is a greater level of foot traffic in towns, cities, markets, malls, and shopping areas as people scramble to source gifts for their loved ones – and encouraging more people to come into your store is, of course, the way to boost in-store profits.<\/span><\/p>\n

Partnering up with another brand, organization, or store in your locale is an effective means of making shoppers aware of your store and what it has to offer. Not only will you spread more seasonal joy, but you\u2019ll also increase your chances of gaining the attention of passing shoppers.<\/span><\/p>\n

For example, the forward-thinking retailers of<\/span> Mill Street in Almonte, Ontario<\/span><\/a>, teamed up to entice more shoppers to their district by pooling their efforts, squeezing as much value as possible from a single traditional advertising campaign.<\/span><\/p>\n

To share costs and create local buzz, 10 of the area’s merchants contribute toward a collective monthly page of content in a regional food magazine. Moreover, these businesses regularly cross-promote one another with relevant offers, branding, and incentives that shoppers can use throughout the district.<\/span><\/p>\n

Speaking on the subject, Emily Arbour, owner of Mill Street\u2019s Cheerfully Made Goods, said:<\/span><\/p>\n

\u201cWe often promote each other. If I’m having a workshop but I also know that that Tin Barn is having a sale, it will always be the bottom of my email. We do that type of thing for one another.”<\/span><\/i><\/p>\n

As a result of the retailers\u2019 efforts, each business has benefited. By partnering with another local store(s) to offer a cross-promotional holiday deal, you too can boost brand awareness while encouraging more people to visit your shop and potentially invest in your products.<\/span><\/p>\n

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Social media competitions<\/b><\/h2>\n

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With the vast majority of today’s consumers using social media to share content, voice opinions, connect with their peers, and make buying decisions, leveraging your most engaged social media channels to your advantage can be a key ingredient in your seasonal retailing success.<\/span><\/p>\n

There are several ways you can utilize social media to attract consumers to your store and create a buzz around your brand during the holidays. Here is a selection of strategic approaches you can try:<\/span><\/p>\n