Black Friday...

[AllenCrawley]

Fascinating. Can you say why? Are you in a niche where you think that it wouldn't have mattered? Do you have any data to suggest how the sale might have helped or hurt, or was it just a gut thing?

Considering my levels of inventory I believe (as did a few others I consulted with that sell on Amazon) that I will sell out or come close to selling out without running promos. If that is to be the case then I would be leaving a lot of money on the table by having 'black friday' discounts.

 

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[biophase]

Considering my levels of inventory I believe (as did a few others I consulted with that sell on Amazon) that I will sell out or come close to selling out without running promos. If that is to be the case then I would be leaving a lot of money on the table by having 'black friday' discounts.

This is actually why I've never done Black Friday on hot sellers. I usually discount stuff I want to get rid of. But this year I overstocked on a couple good sellers so I felt comfortable offering a BF sale. Out of my sales, only half were the BF product, the other half was regular stuff.

 

[theag]

 

[jesseissorude]

This was officially my first Black Friday selling a product since I've started a company and quit my job.

Since I'm still early on in my business and hustling, yesterday I had to wake up super early, and run more of my pretty-little-thing I make to a local store that sold out of them.
When I woke up I was like "ugh, gotta do this errand." But as I was driving I couldn't help but smile. Last year at 6am, I was driving to my awful job. This year, I'm taking a thing I make and running it to someone who gets value from it. Best day ever.

 

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[Vigilante]

This was officially my first Black Friday selling a product since I've started a company and quit my job.

Since I'm still early on in my business and hustling, yesterday I had to wake up super early, and run more of my pretty-little-thing I make to a local store that sold out of them.
When I woke up I was like "ugh, gotta do this errand." But as I was driving I couldn't help but smile. Last year at 6am, I was driving to my awful job. This year, I'm taking a thing I make and running it to someone who gets value from it. Best day ever.

This. Welcome to the club

 

[PaulRobert]

Today is one of the best days of the year for an entrepreneur with products in the marketplace. Today is the day that the snowball starts rolling down hill, picking up momentum with each new day until around 12/22.

Amen.

Seeing all those people wasting hours away just to trample each over $50 in savings, I just thought to myself "Thank God, I'm on the other side of this."

Producer > Consumer all day everyday.

 

[wade1mil]

Now I want Bluetooth socks

 

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[contract]

Black Friday was great!

Small business Saturday, not so much...

 

[SYK]

Now I want Bluetooth socks

Idea validated! brb, starting bluetooth sock progress thread.

 

[Ecom man]

Black Friday was about double of small business Saturday for me. Guess people just want deals not to support smaller online sellers.

 

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[theag]

Why would they want to support small sellers? Just because they are small?

 

[Ramble On]

We did things a little different and ran a sale today. Here is what we have going out from today's sales so far.



Not much compared to some of you guys, but this is our first year in. Just trying to get the hang of it. Thanks for the motivation MJ!

 

[DeletedUser394]

I lost money on Friday, lol. (A lot of my capital is tied up in energy related industries.)

Some inspiring stuff here though!

 

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[daivey]

I lost money on Friday, lol. (A lot of my capital is tied up in energy related industries.)

Some inspiring stuff here though!

buy more, the sale will continue to the new year. this is a picture perfect "fearful when others are greedy, greedy when others are fearful."

 

[Vick]

Black Friday was a huge success for us as well. We did over 12k in sales

I though I would've been lucky to hit 6k.

Nice to be on the other side of the Black Friday madness. Its much more enjoyable I must say.

 

[MoneyDoc]

Last Black Friday (before I knew of this forum and book), I was shopping for deals at best buy. This year, I was watching shoppers buying from me. Got my first order at 6:35 am and went through until midnight. It was just sales, sales, and more sales. I'm glad I was on the other side of the table this time around.


Sent from my iPhone using Tapatalk

 

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[Mike Kavanagh]

Just wondering...
Any of y'all try a "In case you missed our Black Friday sale" e-mail tactic? That is if you have a list and had a sale of course

Might be a way for you to increase your revenue even more this month.

 

[Even Steven]

I thought about this thread today. I was running over December's budget and realized we wouldn't be able to save as much this month due to getting presents for all of our family. Then all of a sudden this discussion came back into my head and I thought "I can't wait to get on the other side of this equation." To have increased income instead of increased expenses during the holiday season.

 

[ZCP]

Cannot keep enough soap in inventory. Black Friday was big. Cyber Monday was bigger. Luckily we had stocked up. Having to rush in some best sellers to restock them.

Think our product being an 'add on' makes us better for cyber Monday and for all the last minute shoppers over the next 3 weeks. Good to be on this side!!

 

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[theag]

Have some ninja tactics ready starting next week that will crush everybody else in my market

I love it when a plan works out. Thats a direct response funnel btw, not some store where people browse around