Podcast Analytics You Should Track & What They Actually Mean
November 1, 2023
Jon Morris: Business Finances Masterclass
November 14, 2023
As Black Friday approaches and the holiday shopping season gets into full swing, you may be weighing the pros and cons of running a Black Friday promotion for your business.
In this episode, I'll take you through my personal considerations as a business owner. I'll discuss whether Black Friday sales are customary in my industry, the potential profitability of such offers, and how my existing wholesale pricing structure might influence my decision.
Drawing from examples and practical insights, I'll guide you through the decision-making process, particularly tailored to businesses like mine that offer distinct products or services.
By the end of this episode, you'll have a more informed perspective on whether a Black Friday promotion aligns with your business model and values.
So, let's dive into the exciting and challenging world of Black Friday for businesses. Tune in to learn about the potential advantages and drawbacks of participating in this holiday shopping frenzy.
Tune in to the full episode to gain valuable insights into scaling your business successfully.
Specifically, this episode highlights the following themes:
✅ Unique sales tactics that protect pricing integrity
✅ The psychology of customer perception in discounted versus regular pricing
✅ Maximizing sales without compromising the brand
Time Stamps
00:00 - Introduction
02:01 - Questions to ask if you should do a Black Friday sale
05:52 - Black Friday sales pros
07:40 - Black Friday sales cons
09:40 - Black Friday sales and their potential impact on businesses
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