1 00:00:04,200 --> 00:00:08,479 Speaker 1: Surprise everyone, it's producer x here coming to you all 2 00:00:08,520 --> 00:00:11,760 Speaker 1: with a very special episode today. It's actually one we've 3 00:00:11,800 --> 00:00:14,840 Speaker 1: already done on a Black Friday. We thought it's six 4 00:00:14,880 --> 00:00:19,680 Speaker 1: weeks away around abouts until Black Friday happens. And last 5 00:00:19,760 --> 00:00:22,319 Speaker 1: year we had the amazing Anita on the pod with 6 00:00:22,400 --> 00:00:25,880 Speaker 1: brit Anita is the founder and CEO of Hero Packaging 7 00:00:25,920 --> 00:00:29,200 Speaker 1: and she's just all around amazing and just knows absolutely 8 00:00:29,240 --> 00:00:32,479 Speaker 1: everything about business. So we thought we'd give you a 9 00:00:32,479 --> 00:00:35,120 Speaker 1: bit of a repeat episode to get all your business 10 00:00:35,120 --> 00:00:38,000 Speaker 1: owners and entrepreneurs ready for the Black Friday sales. So, 11 00:00:38,040 --> 00:00:44,440 Speaker 1: without further ado, here is Britt and Anita. 12 00:00:45,280 --> 00:00:48,640 Speaker 2: Anita, Hello, you are an expert when it comes to 13 00:00:48,720 --> 00:00:52,960 Speaker 2: all things I feel like business. E commerce adds everything 14 00:00:52,960 --> 00:00:56,120 Speaker 2: in and out. My first question to you, and something 15 00:00:56,120 --> 00:00:58,319 Speaker 2: that I would love to know your opinion on, is 16 00:00:58,960 --> 00:01:01,800 Speaker 2: do you think that all these sales periods that are 17 00:01:01,840 --> 00:01:06,040 Speaker 2: becoming increasingly popular are in the long run doing great 18 00:01:06,120 --> 00:01:08,720 Speaker 2: for business or are they damaging small businesses? 19 00:01:09,319 --> 00:01:10,240 Speaker 3: Such a good question. 20 00:01:10,920 --> 00:01:15,280 Speaker 4: No, absolutely not, because I think if small businesses are 21 00:01:15,360 --> 00:01:18,320 Speaker 4: going to do a sale in a sales period, it 22 00:01:18,360 --> 00:01:21,240 Speaker 4: doesn't ruin the perception of their brand. What ruins their 23 00:01:21,280 --> 00:01:24,080 Speaker 4: brand is if they do sales all the time and 24 00:01:24,120 --> 00:01:27,440 Speaker 4: then their audiences expect a sale and all they'll buy 25 00:01:27,680 --> 00:01:29,319 Speaker 4: is when that brand is on sale. 26 00:01:29,480 --> 00:01:32,000 Speaker 5: I think that's how I feel as well. 27 00:01:32,360 --> 00:01:33,760 Speaker 2: And I guess the reason why I asked you this 28 00:01:33,840 --> 00:01:38,559 Speaker 2: question is because I feel like consumers are turning into 29 00:01:38,680 --> 00:01:42,520 Speaker 2: having that kind of mindset, especially with Black Friday and 30 00:01:42,560 --> 00:01:44,680 Speaker 2: the rise of how popular it's become. Like a few 31 00:01:44,720 --> 00:01:47,600 Speaker 2: years back, Black Friday wasn't a thing in Australia. I 32 00:01:47,720 --> 00:01:50,680 Speaker 2: think Black Friday has ruined Boxing Day. Boxing Day used 33 00:01:50,680 --> 00:01:52,080 Speaker 2: to be the sale. 34 00:01:51,880 --> 00:01:52,680 Speaker 3: Time of the year. 35 00:01:52,720 --> 00:01:56,040 Speaker 2: Everyone was so excited about Boxing Day. But ever since 36 00:01:56,160 --> 00:01:59,240 Speaker 2: Black Friday has become so popular, it is so close 37 00:01:59,560 --> 00:02:02,400 Speaker 2: to Box Day that now I feel like the big 38 00:02:02,400 --> 00:02:05,200 Speaker 2: sales happen in Black Friday and Boxing Days, just like, yeah, 39 00:02:05,360 --> 00:02:07,680 Speaker 2: you know, a tiny little sale. I think that the 40 00:02:08,160 --> 00:02:12,400 Speaker 2: three months, So I think October, November and December is 41 00:02:12,480 --> 00:02:15,400 Speaker 2: where businesses make seventy percent of their revenue. 42 00:02:15,400 --> 00:02:15,920 Speaker 3: Did you know that? 43 00:02:16,280 --> 00:02:17,320 Speaker 5: Yeah, I have heard this. 44 00:02:17,520 --> 00:02:18,720 Speaker 3: It's wild and. 45 00:02:18,680 --> 00:02:20,400 Speaker 4: So I think Boxing Day is still a thing. But 46 00:02:20,440 --> 00:02:23,200 Speaker 4: they've made Black Friday such a big deal because they 47 00:02:23,240 --> 00:02:25,960 Speaker 4: wanted a bigger amount of time to make more of 48 00:02:26,000 --> 00:02:30,079 Speaker 4: those dollars. I guess in like a sales period especially, 49 00:02:30,120 --> 00:02:33,800 Speaker 4: I think it correlates directly with how everything's going after 50 00:02:33,840 --> 00:02:36,360 Speaker 4: COVID as well, and how sales have kind of dropped 51 00:02:36,360 --> 00:02:37,960 Speaker 4: off for a lot of brands, and so they want 52 00:02:38,000 --> 00:02:41,520 Speaker 4: that month long sales period to like boost the brand 53 00:02:41,600 --> 00:02:44,240 Speaker 4: up again. Whereas Boxing Day is just that one day, 54 00:02:44,320 --> 00:02:46,799 Speaker 4: and do you remember Boxing Day? It wasn't just like online. 55 00:02:46,840 --> 00:02:48,880 Speaker 4: You would go in and stand in line at Pitt 56 00:02:48,919 --> 00:02:51,840 Speaker 4: Street Mall in the city's way like that. 57 00:02:51,960 --> 00:02:55,200 Speaker 2: We're obviously in retail as well as online, which always 58 00:02:55,320 --> 00:02:58,280 Speaker 2: actually makes doing sales a lot more tricky for us. 59 00:02:59,040 --> 00:03:01,200 Speaker 2: So for example, for us, for Fate for Black Friday, 60 00:03:01,200 --> 00:03:04,960 Speaker 2: we're just doing one day sale because we really yes, 61 00:03:05,360 --> 00:03:08,639 Speaker 2: because we have the added element of five other retail 62 00:03:08,680 --> 00:03:11,760 Speaker 2: stores that we also have to orchestrate. So we've found 63 00:03:11,800 --> 00:03:15,880 Speaker 2: in the past, let's say we've done Black Friday online 64 00:03:15,919 --> 00:03:18,760 Speaker 2: only and then not in stores because it's just a 65 00:03:18,919 --> 00:03:23,280 Speaker 2: fuckery to orchestrate. Then customers will complain that it's not 66 00:03:23,480 --> 00:03:27,680 Speaker 2: also in store, or our store staff will say, oh, 67 00:03:27,680 --> 00:03:30,360 Speaker 2: it was really dead today because we did the sale 68 00:03:30,400 --> 00:03:32,799 Speaker 2: online only kind of thing. And I guess it just 69 00:03:32,840 --> 00:03:35,720 Speaker 2: creeps around on us so quickly every year that we're like, 70 00:03:35,760 --> 00:03:37,600 Speaker 2: fuck it, just one day only, go big and go 71 00:03:37,720 --> 00:03:41,120 Speaker 2: hard because I know, like I and we're going to 72 00:03:41,160 --> 00:03:43,160 Speaker 2: talk about this a lot in today's episode. 73 00:03:43,160 --> 00:03:45,960 Speaker 5: But you see so many brands like they've. 74 00:03:45,720 --> 00:03:48,000 Speaker 2: Got a two week strategy of what their Black Friday 75 00:03:48,000 --> 00:03:50,280 Speaker 2: sale is going to be. For two weeks prior, they 76 00:03:50,440 --> 00:03:52,480 Speaker 2: hype it all up and get all these email sign ups, 77 00:03:52,520 --> 00:03:55,119 Speaker 2: and then on Friday it's this. On Saturday, it's by 78 00:03:55,160 --> 00:03:59,320 Speaker 2: one get one free. On Sunday, it's tiered sale. On Monday, 79 00:03:59,320 --> 00:04:01,880 Speaker 2: there's a new collect launching, blah blah blah. For us 80 00:04:01,960 --> 00:04:04,880 Speaker 2: to do that online is a big thing, right for 81 00:04:04,920 --> 00:04:07,240 Speaker 2: any brand to do something as big as that online 82 00:04:07,280 --> 00:04:10,720 Speaker 2: is huge. But adding the element of five retail stores 83 00:04:10,760 --> 00:04:16,360 Speaker 2: and orchestrating that exact same sale, it is so much logistics. 84 00:04:16,640 --> 00:04:18,680 Speaker 5: So with our sales, we keep it simple. 85 00:04:18,880 --> 00:04:19,599 Speaker 3: One day only. 86 00:04:19,839 --> 00:04:22,479 Speaker 4: So are you doing Black Friday the day of Black Friday, 87 00:04:22,560 --> 00:04:25,000 Speaker 4: that's the sale day, Yes, but we're doing it a 88 00:04:25,040 --> 00:04:26,440 Speaker 4: week before Black Friday. 89 00:04:26,560 --> 00:04:30,200 Speaker 5: Gotcha to try and get in before all the other brands. 90 00:04:29,920 --> 00:04:32,680 Speaker 4: Because other brands are doing they're going earlier and earlier, right, 91 00:04:32,760 --> 00:04:34,960 Speaker 4: So last year, I remember them saying we're going to 92 00:04:35,040 --> 00:04:37,720 Speaker 4: go earlier, and that was two weeks before, and this 93 00:04:37,800 --> 00:04:39,960 Speaker 4: year they're going earlier than that. So I walked into 94 00:04:40,000 --> 00:04:44,080 Speaker 4: Westfield yesterday and they're like early Black Friday has started, 95 00:04:44,360 --> 00:04:47,599 Speaker 4: and like JD Sports for example, all of it was discounted. 96 00:04:48,600 --> 00:04:52,920 Speaker 2: This is all so overwhelming as a business owner. And 97 00:04:53,040 --> 00:04:55,760 Speaker 2: while I get it, it's great, Like I see business 98 00:04:55,839 --> 00:04:59,160 Speaker 2: from both standpoints. I see it as a consumer. I 99 00:04:59,200 --> 00:05:01,840 Speaker 2: love a sale. Everyone loves a fucking sale. I love 100 00:05:01,880 --> 00:05:03,800 Speaker 2: when I get that email it's like thirty percent off today, 101 00:05:03,839 --> 00:05:06,120 Speaker 2: only I'm like, fuck, yeah, I love a sale. But 102 00:05:06,200 --> 00:05:09,159 Speaker 2: I just think all of this Black Friday stuff and 103 00:05:09,200 --> 00:05:11,800 Speaker 2: Cyber Monday and Black Friday Long weekend, but now brand's 104 00:05:11,839 --> 00:05:14,640 Speaker 2: doing it two weeks prior and for the whole month, Like, 105 00:05:14,720 --> 00:05:19,120 Speaker 2: it is so overwhelming for businesses to know what to do. 106 00:05:19,440 --> 00:05:19,760 Speaker 3: It is. 107 00:05:19,800 --> 00:05:21,440 Speaker 4: It's one of those things where you look around and 108 00:05:21,440 --> 00:05:23,719 Speaker 4: you're like, should I be doing that too? Yeah, And 109 00:05:23,760 --> 00:05:26,240 Speaker 4: then you get confused because as a small business, you 110 00:05:26,240 --> 00:05:28,080 Speaker 4: don't actually have the margins and you don't have that 111 00:05:28,240 --> 00:05:30,640 Speaker 4: level of expertise to be able to pull off a 112 00:05:30,680 --> 00:05:34,120 Speaker 4: sale three four weeks early and then maintain sales periods, 113 00:05:34,120 --> 00:05:35,720 Speaker 4: and then what if sales drop after the sale? 114 00:05:35,760 --> 00:05:36,320 Speaker 3: What do you do? 115 00:05:36,400 --> 00:05:40,400 Speaker 2: And it just becomes too much. I even find it overwhelming. 116 00:05:40,560 --> 00:05:44,039 Speaker 2: And we've always been really simple with our sales at Fate. 117 00:05:44,400 --> 00:05:46,760 Speaker 2: We generally just do one day only. Sometimes we've done 118 00:05:46,920 --> 00:05:49,880 Speaker 2: like three day sales kind of thing, but these days 119 00:05:49,880 --> 00:05:51,560 Speaker 2: it's just one day only, and it makes it so easy. 120 00:05:51,600 --> 00:05:54,280 Speaker 2: It's online and instore, one day only. That's your opportunity 121 00:05:54,360 --> 00:05:54,800 Speaker 2: kind of thing. 122 00:05:54,920 --> 00:05:57,840 Speaker 4: Do you feel like your sales though, for the month 123 00:05:57,839 --> 00:06:00,680 Speaker 4: of October for example, at November before for you do 124 00:06:00,800 --> 00:06:03,200 Speaker 4: that one day sale, they kind of drop off a 125 00:06:03,200 --> 00:06:05,120 Speaker 4: little bit, absolutely expecting that. 126 00:06:05,240 --> 00:06:07,599 Speaker 2: Yeah, And that's the other thing that's so hard as well, 127 00:06:07,720 --> 00:06:10,960 Speaker 2: is like you want to be able to sustain your business, 128 00:06:11,480 --> 00:06:14,760 Speaker 2: and like I feel like as exciting as Black Friday is, 129 00:06:14,800 --> 00:06:18,200 Speaker 2: and I know everyone loves a sale because of Black Friday, 130 00:06:18,279 --> 00:06:21,839 Speaker 2: we as businesses watch our sales figures drop drastically in 131 00:06:21,880 --> 00:06:24,680 Speaker 2: the lead up because people are waiting, and then it 132 00:06:24,800 --> 00:06:27,280 Speaker 2: just makes you have that freak out as a business 133 00:06:27,279 --> 00:06:29,520 Speaker 2: owner of oh my god, sales are low like October 134 00:06:29,560 --> 00:06:32,040 Speaker 2: has been low for us, yes, and it makes you 135 00:06:32,080 --> 00:06:33,840 Speaker 2: freak out and I'm sure it makes a lot of them. 136 00:06:33,839 --> 00:06:35,920 Speaker 5: That's why they go early, because they just. 137 00:06:35,880 --> 00:06:37,000 Speaker 3: Want to make that revenue. 138 00:06:37,160 --> 00:06:40,920 Speaker 2: Yeah, it's scary, and yeah it's so tricky, like sales 139 00:06:40,960 --> 00:06:43,840 Speaker 2: periods because they're exciting, and like you said, businesses can 140 00:06:43,880 --> 00:06:46,400 Speaker 2: make seventy percent of their revenue in a sale period. 141 00:06:46,680 --> 00:06:50,000 Speaker 2: But then are we beginning to rely on sales periods 142 00:06:50,360 --> 00:06:52,280 Speaker 2: to make our money when. 143 00:06:52,200 --> 00:06:54,480 Speaker 5: You have dropped your prices by thirty percent. 144 00:06:54,680 --> 00:06:58,000 Speaker 2: I don't know what other businesses do, but like losing 145 00:06:58,040 --> 00:07:02,120 Speaker 2: thirty percent of your profit, mugin is hurtful. It is, 146 00:07:02,160 --> 00:07:04,320 Speaker 2: And I think people are so dependent on getting so 147 00:07:04,440 --> 00:07:07,040 Speaker 2: many more sales and they're like, wow, I've grown as 148 00:07:07,080 --> 00:07:08,839 Speaker 2: a business, but actually you look at the cash in 149 00:07:08,880 --> 00:07:12,240 Speaker 2: your bank and it's not there because you've done or 150 00:07:12,240 --> 00:07:13,520 Speaker 2: you've done forty percent off. 151 00:07:13,640 --> 00:07:15,560 Speaker 5: Yeah, it's just overwhelming. 152 00:07:15,680 --> 00:07:18,080 Speaker 2: And I think I've been seeing a lot of videos 153 00:07:18,120 --> 00:07:20,920 Speaker 2: recently pop up on my Instagram and my TikTok from 154 00:07:20,920 --> 00:07:24,600 Speaker 2: like business coaches and ad experts and stuff, and these 155 00:07:24,600 --> 00:07:26,720 Speaker 2: people are saying stuff that I'm like, I have no 156 00:07:26,840 --> 00:07:29,760 Speaker 2: idea what you're talking about. And I'm the owner of 157 00:07:29,800 --> 00:07:33,080 Speaker 2: Fate the label, and these people are going if you 158 00:07:33,400 --> 00:07:35,640 Speaker 2: don't do Black Friday, right, you may as well throw 159 00:07:35,680 --> 00:07:36,640 Speaker 2: your business in the bin. 160 00:07:36,920 --> 00:07:39,120 Speaker 4: And they're like, segment this and target this, and then 161 00:07:39,160 --> 00:07:40,840 Speaker 4: the niche audience and the ab testing. 162 00:07:40,560 --> 00:07:42,840 Speaker 5: And you're like, what the actual hell. 163 00:07:42,680 --> 00:07:45,000 Speaker 3: Am I doing? Like it's so confusing. 164 00:07:45,200 --> 00:07:48,000 Speaker 2: I feel that way, like we are so simple with 165 00:07:48,080 --> 00:07:49,320 Speaker 2: our Black Friday sale. 166 00:07:49,560 --> 00:07:51,200 Speaker 5: We will pick what our sale is going to be 167 00:07:51,240 --> 00:07:51,960 Speaker 5: for the one day. 168 00:07:52,160 --> 00:07:55,560 Speaker 2: We will send out emails to our you know, engaged audiences, 169 00:07:55,600 --> 00:07:56,440 Speaker 2: to our newsletter. 170 00:07:56,760 --> 00:07:57,679 Speaker 5: I'll run some ads. 171 00:07:57,720 --> 00:08:00,800 Speaker 2: I might do an advantage plus campaign and maybe a 172 00:08:00,800 --> 00:08:03,840 Speaker 2: middle of final campaign and that's it. Do you think, 173 00:08:03,920 --> 00:08:06,400 Speaker 2: and this is a question I think everyone will probably 174 00:08:06,440 --> 00:08:09,120 Speaker 2: want to know, do you think that you have it 175 00:08:09,200 --> 00:08:11,680 Speaker 2: easier because you've got an audience that you can talk 176 00:08:11,720 --> 00:08:13,760 Speaker 2: to about and you can do a one day sale. 177 00:08:13,840 --> 00:08:16,600 Speaker 2: But do small businesses can they also do what you're doing? 178 00:08:16,720 --> 00:08:19,480 Speaker 2: Or do you think that they need to do that 179 00:08:19,560 --> 00:08:22,360 Speaker 2: two weeks of sales to make up for that low October? 180 00:08:22,640 --> 00:08:24,800 Speaker 5: I have really no fucking idea. 181 00:08:25,000 --> 00:08:29,520 Speaker 2: Like that's a good question, because I guess I've never 182 00:08:29,560 --> 00:08:32,760 Speaker 2: been in a position where I've thought, well, we better 183 00:08:32,800 --> 00:08:35,240 Speaker 2: do a two week sale and have a different off 184 00:08:35,280 --> 00:08:37,559 Speaker 2: every day. And I've seen businesses do that, like last year, 185 00:08:37,559 --> 00:08:41,040 Speaker 2: for example, the Lalla By club girls who I'm friends with, 186 00:08:41,400 --> 00:08:46,319 Speaker 2: Like one day they did every order gets a free tumbler. 187 00:08:46,920 --> 00:08:49,080 Speaker 2: Day two, you get a free tote, Day three, you 188 00:08:49,080 --> 00:08:51,440 Speaker 2: get thirty percent off, day four you get like and 189 00:08:51,440 --> 00:08:52,360 Speaker 2: they had different offers. 190 00:08:52,360 --> 00:08:54,160 Speaker 5: Then they dropped a new collection in the middle of it. 191 00:08:54,200 --> 00:08:56,280 Speaker 2: And I see so many brands doing that, but I 192 00:08:56,280 --> 00:08:58,280 Speaker 2: don't know, We've just never gone there as. 193 00:08:58,160 --> 00:09:00,000 Speaker 5: A business, Like I've never tried. 194 00:09:00,480 --> 00:09:02,960 Speaker 2: And every year I see all these brands doing so 195 00:09:03,160 --> 00:09:06,760 Speaker 2: much extravagant stuff that I'm like, oh, fuck, maybe next 196 00:09:06,840 --> 00:09:09,560 Speaker 2: year we need to do something like that. Like it 197 00:09:09,600 --> 00:09:11,480 Speaker 2: makes me feel like we're not doing enough. 198 00:09:11,720 --> 00:09:14,240 Speaker 4: No, because those brands, like we said, are making the 199 00:09:14,280 --> 00:09:18,160 Speaker 4: majority of their revenue in that sales period, so they've 200 00:09:18,200 --> 00:09:21,440 Speaker 4: spent the entire year rapping out the day in and 201 00:09:21,480 --> 00:09:24,000 Speaker 4: day out, like what's happening on every single day, so 202 00:09:24,040 --> 00:09:27,400 Speaker 4: that they're maximizing revenue for that period. Because for you, 203 00:09:27,480 --> 00:09:29,800 Speaker 4: what happens to you is you have a more stabilized 204 00:09:29,840 --> 00:09:32,240 Speaker 4: revenue and so for that period, it's great, Yeah, you 205 00:09:32,280 --> 00:09:34,000 Speaker 4: get a boost in revenue on that one day, but 206 00:09:34,040 --> 00:09:36,880 Speaker 4: you don't need it you could actually face the label 207 00:09:37,240 --> 00:09:40,240 Speaker 4: could exist and could survive and thrive and grow without 208 00:09:40,280 --> 00:09:42,199 Speaker 4: even that one day of sales. A lot of these 209 00:09:42,240 --> 00:09:46,040 Speaker 4: businesses actually need the October November December sales period to 210 00:09:46,120 --> 00:09:46,840 Speaker 4: have a business. 211 00:09:47,160 --> 00:09:49,120 Speaker 3: I actually think what you should do is do the. 212 00:09:49,040 --> 00:09:51,640 Speaker 4: One day of sales and then you know for December 213 00:09:51,679 --> 00:09:54,120 Speaker 4: when sales days of twelve days, and. 214 00:09:54,240 --> 00:09:56,360 Speaker 3: It doesn't have to be a discount. It could be 215 00:09:56,400 --> 00:09:57,280 Speaker 3: like little gifts. 216 00:09:57,360 --> 00:09:59,680 Speaker 4: Yeah, it could be like Brittany will make a surprise 217 00:09:59,760 --> 00:10:02,080 Speaker 4: video for whatever. You know, it could be anything, but 218 00:10:02,120 --> 00:10:05,360 Speaker 4: it's just something to surprise and delight people after the 219 00:10:05,400 --> 00:10:06,120 Speaker 4: sales period. 220 00:10:06,280 --> 00:10:08,480 Speaker 2: I think another thing that we do as well, like 221 00:10:08,600 --> 00:10:11,920 Speaker 2: around November and December and in between that Black Friday 222 00:10:11,920 --> 00:10:14,280 Speaker 2: and Christmas. Like so there's like a month when Black 223 00:10:14,280 --> 00:10:16,040 Speaker 2: Friday ends and before Christmas. 224 00:10:16,120 --> 00:10:18,280 Speaker 5: We always come out with really good collections in that time. 225 00:10:18,400 --> 00:10:23,160 Speaker 2: Yes, so we've got like red things launching in between 226 00:10:23,360 --> 00:10:26,760 Speaker 2: the end of November and Christmas, so people will be 227 00:10:26,920 --> 00:10:27,600 Speaker 2: like I need. 228 00:10:27,480 --> 00:10:28,800 Speaker 5: That outfit for Christmas Day. 229 00:10:28,960 --> 00:10:30,880 Speaker 2: Yes, you know, so we I guess try to do 230 00:10:30,960 --> 00:10:33,240 Speaker 2: exciting things in that time as well, because I know 231 00:10:33,280 --> 00:10:36,440 Speaker 2: a lot of businesses will drop off in early December 232 00:10:36,600 --> 00:10:38,600 Speaker 2: because everyone's just waiting for Boxing Day. 233 00:10:38,760 --> 00:10:42,120 Speaker 4: The scary part of that though, is managing the Australia 234 00:10:42,200 --> 00:10:44,960 Speaker 4: post cutoff dates. Yes, and I think you know, say, 235 00:10:45,000 --> 00:10:47,880 Speaker 4: for example, it's like the seventeenth of December and you 236 00:10:47,960 --> 00:10:50,160 Speaker 4: launch it on like the first week of December, It's 237 00:10:50,200 --> 00:10:52,760 Speaker 4: like they've got a week to purchase. Its managing that 238 00:10:52,800 --> 00:10:55,640 Speaker 4: can be quite difficult. To such a good idea to 239 00:10:55,720 --> 00:10:58,240 Speaker 4: launch something after a sales period because everyone wants to 240 00:10:58,240 --> 00:11:00,720 Speaker 4: be excited. People are still spending a lot of so 241 00:11:00,800 --> 00:11:04,880 Speaker 4: to drop like a Christmas limited edition item, it's such 242 00:11:04,920 --> 00:11:09,360 Speaker 4: a good idea. 243 00:11:09,760 --> 00:11:14,200 Speaker 2: My next question for you is, let's say someone is listening, 244 00:11:14,440 --> 00:11:18,959 Speaker 2: they're in business, and they're overwhelmed by Black Friday sales. 245 00:11:18,960 --> 00:11:21,200 Speaker 5: They're seeing all these videos that I'm seeing of all. 246 00:11:21,040 --> 00:11:23,560 Speaker 2: These people saying if you don't have a strategy locked 247 00:11:23,600 --> 00:11:25,599 Speaker 2: in place, you may as well through your business in 248 00:11:25,679 --> 00:11:28,960 Speaker 2: the bin. Black Friday will make or break your business 249 00:11:29,760 --> 00:11:31,520 Speaker 2: if you could. I think one thing that you're really 250 00:11:31,559 --> 00:11:34,920 Speaker 2: good at is just putting things simply. Just say you're 251 00:11:35,040 --> 00:11:37,240 Speaker 2: brand new to business, you've never really done a Black 252 00:11:37,240 --> 00:11:40,600 Speaker 2: Friday sale before. You don't know what you're supposed to do. 253 00:11:41,440 --> 00:11:44,120 Speaker 2: What would be the most simplest advice that you could 254 00:11:44,120 --> 00:11:46,560 Speaker 2: give to people who are feeling overwhelmed when it comes 255 00:11:46,640 --> 00:11:49,240 Speaker 2: to a strategy for Black Friday. 256 00:11:49,760 --> 00:11:52,520 Speaker 3: Okay, it starts with the date of Black Friday. 257 00:11:52,559 --> 00:11:54,680 Speaker 4: So that's the twenty ninth of November this year, and 258 00:11:54,800 --> 00:11:57,360 Speaker 4: Cyber Monday is I think the second of December, so 259 00:11:57,440 --> 00:12:01,000 Speaker 4: that weekend is the sales period. So the simplest thing 260 00:12:01,080 --> 00:12:04,840 Speaker 4: is to think about the dates and work backwards. So go, okay, 261 00:12:05,080 --> 00:12:07,520 Speaker 4: I've got the twenty ninth of November as my benchmark. 262 00:12:07,920 --> 00:12:09,600 Speaker 4: Now I need to think about what offer do I 263 00:12:09,640 --> 00:12:11,720 Speaker 4: want to have? Like, do I want to have every 264 00:12:11,760 --> 00:12:12,760 Speaker 4: single day something new? 265 00:12:12,880 --> 00:12:12,960 Speaker 1: No. 266 00:12:13,240 --> 00:12:15,360 Speaker 4: If you're a business that has been around for maybe 267 00:12:15,360 --> 00:12:17,520 Speaker 4: one to two years or less, you don't want to 268 00:12:17,520 --> 00:12:21,000 Speaker 4: do anything complicated. You stick with one thing that could 269 00:12:21,040 --> 00:12:23,080 Speaker 4: be like a sit wide discount. It could be a 270 00:12:23,120 --> 00:12:25,800 Speaker 4: tiered discount, like anything under one hundred dollars you get 271 00:12:26,000 --> 00:12:28,120 Speaker 4: twenty percent off, anything over one hundred dollars you get 272 00:12:28,120 --> 00:12:28,720 Speaker 4: thirty percent off. 273 00:12:28,760 --> 00:12:29,360 Speaker 3: Something like that. 274 00:12:29,720 --> 00:12:32,680 Speaker 4: You might just have free gift with purchase you could 275 00:12:32,679 --> 00:12:35,080 Speaker 4: have or free shipping like you could have anything, right, 276 00:12:35,120 --> 00:12:37,520 Speaker 4: but pick one offer. That's all you need to do. 277 00:12:38,080 --> 00:12:41,040 Speaker 4: And then you've gone, Okay, twenty ninth of November, I'm 278 00:12:41,080 --> 00:12:43,920 Speaker 4: going to start my sale. This is the offer. And 279 00:12:44,040 --> 00:12:46,600 Speaker 4: all I want you to do is like think, Okay, 280 00:12:46,840 --> 00:12:49,280 Speaker 4: how am I going to make people aware of the offer? 281 00:12:49,480 --> 00:12:51,680 Speaker 4: So is that going to be through ads? Is it 282 00:12:51,720 --> 00:12:53,560 Speaker 4: going to be through my emails? Is it going to 283 00:12:53,559 --> 00:12:54,400 Speaker 4: be through you know? 284 00:12:54,640 --> 00:12:55,280 Speaker 3: My SEO? 285 00:12:55,640 --> 00:12:59,680 Speaker 4: And my advice for that is always ads and emails 286 00:12:59,720 --> 00:13:01,000 Speaker 4: as the best way to go. 287 00:13:01,320 --> 00:13:03,040 Speaker 3: So if you want to tell people about it, it's like. 288 00:13:03,040 --> 00:13:06,360 Speaker 4: Content, of course, but then ads and emails that's how 289 00:13:06,400 --> 00:13:06,840 Speaker 4: you tell. 290 00:13:06,720 --> 00:13:07,439 Speaker 3: People about it. 291 00:13:08,040 --> 00:13:10,600 Speaker 5: When they come to your site, it's like okay. 292 00:13:10,320 --> 00:13:13,720 Speaker 4: Now they're on your website. Do that on every single page? 293 00:13:13,840 --> 00:13:16,680 Speaker 4: Can they see the sale somewhere? So like on the 294 00:13:16,679 --> 00:13:19,559 Speaker 4: product page, where can they see that they're getting free shipping? 295 00:13:19,720 --> 00:13:21,560 Speaker 5: On the homepage? Can they see it on the collections? 296 00:13:21,920 --> 00:13:25,040 Speaker 4: Making sure you merchandise your website so that everywhere they 297 00:13:25,080 --> 00:13:26,040 Speaker 4: go they're. 298 00:13:25,880 --> 00:13:26,920 Speaker 3: Able to see the sale. 299 00:13:26,960 --> 00:13:29,360 Speaker 2: I think that's really important because you can have like 300 00:13:29,440 --> 00:13:33,079 Speaker 2: banners on your website homepage and it's all like thirty 301 00:13:33,080 --> 00:13:35,440 Speaker 2: percent off today, only use this code. But then if 302 00:13:35,480 --> 00:13:38,480 Speaker 2: they jump off that homepage and they're on a collection, 303 00:13:38,559 --> 00:13:40,400 Speaker 2: page where they can seal your products, and all of 304 00:13:40,440 --> 00:13:44,280 Speaker 2: a sudden it's not visible. They can forget and don't 305 00:13:44,320 --> 00:13:46,920 Speaker 2: forget that when they come from an ad or a 306 00:13:46,920 --> 00:13:48,839 Speaker 2: piece of content and they click through the link in 307 00:13:48,920 --> 00:13:51,280 Speaker 2: bio and they come through to a product page and 308 00:13:51,280 --> 00:13:53,280 Speaker 2: that it's not on the product page, it's going to 309 00:13:53,320 --> 00:13:54,360 Speaker 2: be a real issue. 310 00:13:54,080 --> 00:13:55,080 Speaker 3: Because they don't know what to do. 311 00:13:55,160 --> 00:13:56,960 Speaker 4: They thought there was a sale, but they've come to 312 00:13:56,960 --> 00:13:58,920 Speaker 4: the product page and there's no sale, or they don't 313 00:13:58,960 --> 00:14:00,880 Speaker 4: they don't know the code, know the code, and they're 314 00:14:00,920 --> 00:14:03,320 Speaker 4: going to leave right that bounce rate, and especially in 315 00:14:03,360 --> 00:14:05,880 Speaker 4: this time, people are so just all over the place. 316 00:14:05,880 --> 00:14:08,600 Speaker 4: They've got multiple tabs open, they've got their phones going off, 317 00:14:08,600 --> 00:14:12,320 Speaker 4: they've got multiple flooded yeah, and then like you don't 318 00:14:12,320 --> 00:14:14,000 Speaker 4: even have the sale displayed. 319 00:14:13,720 --> 00:14:14,520 Speaker 3: They're out of there. 320 00:14:14,600 --> 00:14:16,760 Speaker 4: So just make sure that if you're going to have 321 00:14:16,800 --> 00:14:18,839 Speaker 4: a sale, make sure it's everywhere on your website. You 322 00:14:18,880 --> 00:14:21,800 Speaker 4: don't to waste the sale. I would say one other 323 00:14:21,880 --> 00:14:24,080 Speaker 4: thing before you kind of do all of this stuff 324 00:14:24,080 --> 00:14:26,720 Speaker 4: and before you think about the offer is really look 325 00:14:26,760 --> 00:14:29,480 Speaker 4: at the margins of your products that you're selling and 326 00:14:29,560 --> 00:14:32,400 Speaker 4: make sure that you can actually afford a discount. So 327 00:14:32,600 --> 00:14:35,120 Speaker 4: if your margin is quite low and you feel like 328 00:14:35,160 --> 00:14:37,920 Speaker 4: you're a small business and you're barely making money, like 329 00:14:38,040 --> 00:14:40,840 Speaker 4: even just selling it at full price, potentially just doing 330 00:14:40,840 --> 00:14:43,480 Speaker 4: a free gift with purchase or a tiered discount is 331 00:14:43,480 --> 00:14:46,120 Speaker 4: way better than a site wide discount because different products 332 00:14:46,160 --> 00:14:48,200 Speaker 4: have different margins and you don't want to be offering 333 00:14:48,240 --> 00:14:51,000 Speaker 4: a discount to those products that you're making no money. 334 00:14:51,120 --> 00:14:54,120 Speaker 4: You will you'll go into a loss. Like I've been there. 335 00:14:54,320 --> 00:14:56,520 Speaker 4: I know what that feels like because you're like, wow, 336 00:14:56,560 --> 00:14:59,400 Speaker 4: we made this much money and then you look and 337 00:14:59,440 --> 00:15:02,080 Speaker 4: your profit is like full in the red because you've 338 00:15:02,120 --> 00:15:02,840 Speaker 4: offered too much. 339 00:15:02,680 --> 00:15:03,240 Speaker 5: Of a discount. 340 00:15:03,280 --> 00:15:05,800 Speaker 4: So just when you're thinking about the offer, to keep 341 00:15:05,800 --> 00:15:07,680 Speaker 4: it really simple, think about it in a way that 342 00:15:07,720 --> 00:15:09,440 Speaker 4: you make the most amount of profit. 343 00:15:09,760 --> 00:15:09,960 Speaker 3: YEP. 344 00:15:10,400 --> 00:15:12,000 Speaker 4: I would say one more thing, and this is for 345 00:15:12,080 --> 00:15:15,760 Speaker 4: you as well. When you run a sale, okay and 346 00:15:15,840 --> 00:15:20,080 Speaker 4: you're doing say you do one day sale, everyone thinks, Okay, 347 00:15:20,120 --> 00:15:21,960 Speaker 4: I'm going to run a big discount and everyone's going 348 00:15:22,040 --> 00:15:25,720 Speaker 4: to make a purchase. Your job as a business owner 349 00:15:25,840 --> 00:15:28,560 Speaker 4: is to make sure that average order value goes up 350 00:15:28,720 --> 00:15:32,280 Speaker 4: on Black Friday sales, not down. So say, for example, 351 00:15:32,320 --> 00:15:34,640 Speaker 4: your average order value for fate. I don't know what 352 00:15:34,680 --> 00:15:36,440 Speaker 4: it is, but let's say it's one hundred dollars. Okay, 353 00:15:36,560 --> 00:15:38,960 Speaker 4: every time someone makes a purchase, on average, they spend 354 00:15:38,960 --> 00:15:41,560 Speaker 4: one hundred dollars. If they make a discount of like 355 00:15:41,560 --> 00:15:43,680 Speaker 4: if you do a thirty percent discount, then you're you 356 00:15:43,720 --> 00:15:45,200 Speaker 4: technically have seventy. 357 00:15:44,800 --> 00:15:46,000 Speaker 3: Dollars average order value. 358 00:15:46,120 --> 00:15:46,280 Speaker 1: Right. 359 00:15:46,720 --> 00:15:49,880 Speaker 4: Your job is to merchandise the site to make sure 360 00:15:49,880 --> 00:15:52,000 Speaker 4: that they go up in average order value. 361 00:15:52,480 --> 00:15:55,000 Speaker 5: Right, So the way you're going to add something else, add. 362 00:15:54,760 --> 00:15:57,800 Speaker 4: Something else, because it's like in your cart if they've 363 00:15:57,840 --> 00:16:00,120 Speaker 4: added something, can you say, hey, by the way, everyone 364 00:16:00,120 --> 00:16:03,000 Speaker 4: who's bought this has also bought this, and just like 365 00:16:03,160 --> 00:16:05,920 Speaker 4: try and make them buy a little bit extra. So 366 00:16:05,960 --> 00:16:08,040 Speaker 4: you're getting that profit and you're making that kind of 367 00:16:09,080 --> 00:16:11,880 Speaker 4: the profit on the shipping as well. So that's something 368 00:16:11,880 --> 00:16:13,760 Speaker 4: that I really like. I just want to make your 369 00:16:13,760 --> 00:16:15,560 Speaker 4: brands know that if you're running a sale makes your 370 00:16:15,600 --> 00:16:17,200 Speaker 4: average order value goes up. 371 00:16:17,480 --> 00:16:20,440 Speaker 5: That's for you too, all right, pressures on for me 372 00:16:20,560 --> 00:16:21,280 Speaker 5: to make sure. 373 00:16:21,880 --> 00:16:25,120 Speaker 2: I think the good thing with us is because we 374 00:16:25,160 --> 00:16:27,200 Speaker 2: don't do sales all that often. And that would be 375 00:16:27,240 --> 00:16:29,200 Speaker 2: my advice as well to business owners out there, and 376 00:16:29,280 --> 00:16:31,400 Speaker 2: like you said in the beginning of the episode, you 377 00:16:31,440 --> 00:16:33,720 Speaker 2: don't want to become known as a brand that is 378 00:16:33,840 --> 00:16:37,280 Speaker 2: constantly doing a sale, and I really try to do 379 00:16:37,360 --> 00:16:40,600 Speaker 2: that with Fate, because you don't want to cheapen your 380 00:16:40,600 --> 00:16:42,880 Speaker 2: brand or become like you could off the top of 381 00:16:42,920 --> 00:16:45,200 Speaker 2: your head probably think of brands that you know are 382 00:16:45,240 --> 00:16:48,120 Speaker 2: just constantly on sale, and that's the image that they 383 00:16:48,160 --> 00:16:51,440 Speaker 2: create for themselves. Another brand that's really interesting that we 384 00:16:51,480 --> 00:16:55,720 Speaker 2: could talk about forever is Mecha. Mecha sale they only 385 00:16:55,760 --> 00:16:58,400 Speaker 2: do Boxing Day and is it I think it's twenty 386 00:16:58,400 --> 00:16:59,640 Speaker 2: percent off on Boxing. 387 00:16:59,400 --> 00:17:02,560 Speaker 5: Day and that's it on selected items. 388 00:17:02,600 --> 00:17:05,280 Speaker 2: On certain items, And I know that there's a lot 389 00:17:05,320 --> 00:17:08,119 Speaker 2: of discourse online about that and people are really mad 390 00:17:08,800 --> 00:17:11,159 Speaker 2: that Mecca doesn't do sales and they just do the 391 00:17:11,200 --> 00:17:14,080 Speaker 2: twenty percent off on Boxing Day for certain items. But 392 00:17:14,200 --> 00:17:16,760 Speaker 2: at the same time, from like a business point of view, 393 00:17:16,800 --> 00:17:19,320 Speaker 2: I'm like, fucking good on you, Like you've built a 394 00:17:19,359 --> 00:17:22,040 Speaker 2: brand that strong that people will come in and pay 395 00:17:22,119 --> 00:17:23,760 Speaker 2: full price every single time. 396 00:17:23,880 --> 00:17:26,199 Speaker 4: It's hard, though, because they have brands in there with 397 00:17:26,320 --> 00:17:29,119 Speaker 4: exclusivity and people really want those brands and they can 398 00:17:29,240 --> 00:17:32,400 Speaker 4: only get them from Mecca, so they have that privilege 399 00:17:32,400 --> 00:17:33,840 Speaker 4: of being able to do that. 400 00:17:33,920 --> 00:17:36,840 Speaker 2: They've got the monopoly on the beauty world. In the 401 00:17:36,840 --> 00:17:37,720 Speaker 2: beauty world. 402 00:17:37,640 --> 00:17:40,040 Speaker 4: And so there's Mecca and Sephora and they can kind 403 00:17:40,040 --> 00:17:42,040 Speaker 4: of battle it out for like those brands, and they've 404 00:17:42,040 --> 00:17:44,159 Speaker 4: got that brand awareness and Meccha's been around for a 405 00:17:44,160 --> 00:17:46,640 Speaker 4: really long time. Also, they have the benefit of having 406 00:17:46,640 --> 00:17:49,680 Speaker 4: the Beauty Loop program. Yes, so people actually keep buying 407 00:17:49,720 --> 00:17:51,200 Speaker 4: from there because they want to get to level three, 408 00:17:51,280 --> 00:17:53,280 Speaker 4: level four and get all these free samples in this 409 00:17:53,400 --> 00:17:54,399 Speaker 4: box every quarter. 410 00:17:54,560 --> 00:17:56,600 Speaker 3: And you know they've done it in such a clever 411 00:17:56,680 --> 00:17:57,240 Speaker 3: way they have. 412 00:17:57,400 --> 00:18:01,280 Speaker 4: We don't as business owners have that same luxury small 413 00:18:01,320 --> 00:18:03,919 Speaker 4: business owners to be like, well, I own like a 414 00:18:04,040 --> 00:18:07,159 Speaker 4: let's say you own skincare, a skincare brand. My cream 415 00:18:07,200 --> 00:18:09,359 Speaker 4: is better than that, No, because all creams look the 416 00:18:09,400 --> 00:18:11,520 Speaker 4: same and one of them has a thirty percent discount 417 00:18:12,080 --> 00:18:13,959 Speaker 4: and I'm going, well, I'm not going to discount it. 418 00:18:14,040 --> 00:18:15,840 Speaker 4: You're just not going to make that sale. And that's 419 00:18:15,880 --> 00:18:19,000 Speaker 4: really unfortunate. But in Black Friday, that's actually what happens. 420 00:18:19,160 --> 00:18:22,480 Speaker 2: What would be your advice to business owners with Black 421 00:18:22,480 --> 00:18:25,840 Speaker 2: Friday and how like everyone has started their Black Friday 422 00:18:25,840 --> 00:18:28,720 Speaker 2: sales now, like there's so many businesses now as we're 423 00:18:28,720 --> 00:18:31,040 Speaker 2: recording this that are already, you know, doing a Black 424 00:18:31,040 --> 00:18:34,040 Speaker 2: Friday sale. If someone is new to Black Friday, they've 425 00:18:34,280 --> 00:18:36,560 Speaker 2: never done it before, maybe this is their first Black Friday. 426 00:18:37,080 --> 00:18:39,280 Speaker 2: What are your thoughts surrounding do you just do it 427 00:18:39,359 --> 00:18:42,120 Speaker 2: on the actual Black Friday day or do you bring 428 00:18:42,160 --> 00:18:43,359 Speaker 2: it forward kind of thing? 429 00:18:43,720 --> 00:18:46,000 Speaker 4: I would bring it forward, Yeah, so I would be 430 00:18:46,040 --> 00:18:49,440 Speaker 4: going two weeks one week early. Yeah, that's what I 431 00:18:49,480 --> 00:18:51,639 Speaker 4: would be doing, because you want to really there's this 432 00:18:51,760 --> 00:18:54,960 Speaker 4: wave that happens and people are like opening their wallets, 433 00:18:55,280 --> 00:18:57,200 Speaker 4: and as a new business, you don't want to miss 434 00:18:57,200 --> 00:18:59,639 Speaker 4: out on that opportunity. Do it in a really smart 435 00:18:59,680 --> 00:19:02,879 Speaker 4: way one week early. If you're really overwhelmed by it, 436 00:19:02,880 --> 00:19:05,560 Speaker 4: then go one week early, think of your offer, and 437 00:19:05,600 --> 00:19:08,240 Speaker 4: then just go for it. And you know what's really 438 00:19:08,240 --> 00:19:10,760 Speaker 4: interesting is that even if you're a small business, there 439 00:19:10,800 --> 00:19:13,080 Speaker 4: are people out there. There is an audience out there, 440 00:19:13,080 --> 00:19:16,080 Speaker 4: no matter how big or small, that has heard about 441 00:19:16,119 --> 00:19:18,520 Speaker 4: you but haven't purchased because it feels they feel like 442 00:19:18,560 --> 00:19:21,960 Speaker 4: it's too expensive. It's a really good time to target 443 00:19:22,080 --> 00:19:25,840 Speaker 4: those people, even if it's ten people, to actually make 444 00:19:25,880 --> 00:19:28,239 Speaker 4: a purchase from you, and the easiest way to do that, 445 00:19:28,320 --> 00:19:30,640 Speaker 4: like I was saying before, is sending them an email 446 00:19:30,880 --> 00:19:34,520 Speaker 4: of course, but also your ads. Making sure that anyone 447 00:19:34,560 --> 00:19:37,240 Speaker 4: who has visited your website or engage with you on 448 00:19:37,240 --> 00:19:41,120 Speaker 4: social media knows about your sale, has like an ad 449 00:19:41,160 --> 00:19:43,359 Speaker 4: that pops up saying like thirty percent off or twenty 450 00:19:43,359 --> 00:19:46,960 Speaker 4: percent off this brand. You know, those people are really 451 00:19:47,000 --> 00:19:50,400 Speaker 4: really important. If you're trying to get a new audience 452 00:19:50,840 --> 00:19:53,760 Speaker 4: on Black Friday, that's when it becomes really difficult and 453 00:19:53,840 --> 00:19:55,640 Speaker 4: really hard. What you want to do is tap into 454 00:19:55,640 --> 00:19:58,000 Speaker 4: the people who already kind of know about you but 455 00:19:58,119 --> 00:19:59,800 Speaker 4: haven't yet made a purchase. 456 00:19:59,560 --> 00:19:59,800 Speaker 5: Isn't it. 457 00:20:00,000 --> 00:20:02,880 Speaker 2: It's crazy that Black Friday has become such a thing 458 00:20:03,160 --> 00:20:06,400 Speaker 2: in Australia to the point where brands are battling out 459 00:20:06,600 --> 00:20:09,040 Speaker 2: to start it sooner than it actually is, like the 460 00:20:09,080 --> 00:20:11,359 Speaker 2: whole when you actually think about it, Yeah, like can't 461 00:20:11,359 --> 00:20:13,840 Speaker 2: we just say Black Friday is on Black Friday and 462 00:20:13,880 --> 00:20:16,520 Speaker 2: that's when the sales go live. But it's that fucking 463 00:20:16,600 --> 00:20:20,000 Speaker 2: saturated and competitive that brands are starting their Black Friday 464 00:20:20,000 --> 00:20:22,960 Speaker 2: sale one month early to get ahead of all. 465 00:20:22,840 --> 00:20:23,640 Speaker 5: The other businesses. 466 00:20:23,760 --> 00:20:26,879 Speaker 2: Yes, it's like everyone's out just battling, you know, against 467 00:20:26,880 --> 00:20:28,240 Speaker 2: one another to try and be the first. 468 00:20:28,320 --> 00:20:31,400 Speaker 4: It's because it's share of wallet, yes, right, Like consumers 469 00:20:31,480 --> 00:20:33,760 Speaker 4: have one hundred dollars to spend. The one who gets 470 00:20:33,800 --> 00:20:35,840 Speaker 4: there early. Brand that gets it earliest is the one 471 00:20:35,840 --> 00:20:36,719 Speaker 4: that gets their money. 472 00:20:36,800 --> 00:20:40,080 Speaker 5: But isn't that crazy because it's not fucking Black Friday? 473 00:20:40,160 --> 00:20:43,080 Speaker 2: Like we're doing our Black Friday sale a week before, 474 00:20:43,160 --> 00:20:43,800 Speaker 2: like we've I think. 475 00:20:43,720 --> 00:20:45,399 Speaker 5: The last couple of years we've done it a week before. 476 00:20:46,119 --> 00:20:48,960 Speaker 2: But it's just mad, like, yeah, Black Friday's on the 477 00:20:49,000 --> 00:20:51,160 Speaker 2: twenty ninth, but we're doing on twenty second or whatever. 478 00:20:51,240 --> 00:20:55,760 Speaker 3: A really dumb question who owns Black Friday? Like who starts? 479 00:20:55,840 --> 00:20:56,920 Speaker 3: Who sets the day? 480 00:20:57,119 --> 00:20:58,720 Speaker 5: We look quite literally, I. 481 00:20:58,680 --> 00:21:01,320 Speaker 2: Actually don't know, no, I like, I know it started 482 00:21:01,320 --> 00:21:03,400 Speaker 2: in America, right, yes. 483 00:21:03,520 --> 00:21:05,199 Speaker 1: Okay, so I have looked it up. It said the 484 00:21:05,200 --> 00:21:08,800 Speaker 1: real origin of the Black Friday Monkia. So you say 485 00:21:08,800 --> 00:21:10,080 Speaker 1: that word Monkia? 486 00:21:10,359 --> 00:21:11,160 Speaker 3: What is that word? 487 00:21:11,280 --> 00:21:12,440 Speaker 1: Mon Ika? 488 00:21:13,040 --> 00:21:13,560 Speaker 3: Monica? 489 00:21:13,600 --> 00:21:17,080 Speaker 1: Monica? I think Monica or Moncia? Who knows how to say? 490 00:21:17,080 --> 00:21:17,440 Speaker 3: That word? 491 00:21:17,520 --> 00:21:21,080 Speaker 1: Comes from Philadelphia, where the Army Navy football game is 492 00:21:21,080 --> 00:21:24,240 Speaker 1: played on the Saturday following Thanksgiving every year. In the 493 00:21:24,320 --> 00:21:27,680 Speaker 1: nineteen fifties, sixties, and seventies, the game brought in hordes 494 00:21:27,840 --> 00:21:31,280 Speaker 1: of people, most of whom arrived on Friday. So I 495 00:21:31,280 --> 00:21:36,679 Speaker 1: think then businesses surrounding that made money made money and 496 00:21:36,720 --> 00:21:37,639 Speaker 1: put their sales on. 497 00:21:38,840 --> 00:21:40,159 Speaker 5: I'm all for Black Friday. 498 00:21:40,200 --> 00:21:42,920 Speaker 2: I'm all for a sale, but I personally think, I mean, 499 00:21:42,920 --> 00:21:45,000 Speaker 2: we've got end of financial year sales in the. 500 00:21:44,920 --> 00:21:46,119 Speaker 5: Middle of the year as well. 501 00:21:46,600 --> 00:21:48,840 Speaker 2: But I'm just annoyed at the fact that Black Friday 502 00:21:48,880 --> 00:21:50,160 Speaker 2: is so close to Boxing Day. 503 00:21:50,560 --> 00:21:55,800 Speaker 1: So observed Boxing Day as a national that's there. 504 00:21:55,800 --> 00:21:58,439 Speaker 2: You go, well, Xander's just looked it up. So Boxing 505 00:21:58,520 --> 00:22:01,439 Speaker 2: Day isn't a thing in America and that's why. That's 506 00:22:01,440 --> 00:22:05,400 Speaker 2: why they've got a Black Friday. But I think it's 507 00:22:05,960 --> 00:22:10,199 Speaker 2: sad because I think of Boxing Day and when we 508 00:22:10,240 --> 00:22:12,879 Speaker 2: were kids, like we would go to the shops and 509 00:22:12,960 --> 00:22:15,200 Speaker 2: it was all about the Boxing Day. Sails and Westfield 510 00:22:15,200 --> 00:22:17,480 Speaker 2: would be open till midnight or it would be twenty 511 00:22:17,520 --> 00:22:21,960 Speaker 2: four hour And obviously I have experience being in shopping centers. 512 00:22:22,000 --> 00:22:24,840 Speaker 2: We have two Westfield stores Boxing Day, no one cares 513 00:22:24,840 --> 00:22:28,000 Speaker 2: about it anymore. Really like the Westfields that we're in. 514 00:22:28,080 --> 00:22:31,119 Speaker 2: Two Westfields, I think one like because they give you 515 00:22:31,160 --> 00:22:35,280 Speaker 2: like a two week trading hours and I think the 516 00:22:35,359 --> 00:22:38,680 Speaker 2: latest is like one day is ten pm or midnight. 517 00:22:38,960 --> 00:22:40,440 Speaker 5: I know other centers. 518 00:22:40,600 --> 00:22:42,520 Speaker 2: I think some still do the twenty four hour trade, 519 00:22:42,720 --> 00:22:46,360 Speaker 2: but it is a ghost town at nighttime, and it's 520 00:22:46,520 --> 00:22:48,520 Speaker 2: just it's not the same. And I think it's because 521 00:22:48,560 --> 00:22:50,720 Speaker 2: everyone's already burnt out from Black Friday. 522 00:22:51,240 --> 00:22:54,160 Speaker 5: So I'd say, like, as great as Black Friday is. 523 00:22:54,440 --> 00:22:56,840 Speaker 2: And you know it's so great for businesses making seventy 524 00:22:56,840 --> 00:23:00,440 Speaker 2: percent of their revenue in that time, it's ruined Box Day. 525 00:23:01,160 --> 00:23:02,640 Speaker 3: Yeah, And that's right. 526 00:23:02,680 --> 00:23:07,160 Speaker 4: So knowing what we know about us not celebrating Boxing Day, 527 00:23:07,800 --> 00:23:10,280 Speaker 4: that we're just following in their footsteps. 528 00:23:10,680 --> 00:23:12,000 Speaker 3: So turning into like. 529 00:23:11,960 --> 00:23:15,520 Speaker 4: An American economy where we're putting everything on Black Friday. 530 00:23:15,520 --> 00:23:18,639 Speaker 4: I won day for fate though, could you turn that 531 00:23:18,680 --> 00:23:22,480 Speaker 4: Black Friday period like almost into I don't know, your 532 00:23:22,680 --> 00:23:26,640 Speaker 4: Boxing Day, Like if is Boxing Day that important to you? 533 00:23:27,480 --> 00:23:30,000 Speaker 5: Not anymore because of Black Friday. 534 00:23:30,200 --> 00:23:33,040 Speaker 2: But again, we have stores that are open on Boxing Day, 535 00:23:33,200 --> 00:23:35,959 Speaker 2: so we have to do a Boxing Day sale kind 536 00:23:36,000 --> 00:23:38,320 Speaker 2: of thing. Yeah, and like our communities still get excited 537 00:23:38,320 --> 00:23:40,840 Speaker 2: about it and come in, but with like our two 538 00:23:40,880 --> 00:23:43,240 Speaker 2: Westfield stores and the late night trades that they do, 539 00:23:43,800 --> 00:23:46,640 Speaker 2: Like I remember so the first year that we had 540 00:23:46,680 --> 00:23:49,160 Speaker 2: our Westfield Miranda store because it was our first Westfield store. 541 00:23:49,200 --> 00:23:51,560 Speaker 2: So when you have a Westfield store, technically you have 542 00:23:51,640 --> 00:23:54,080 Speaker 2: to stay open within their trading hours. And I think 543 00:23:54,119 --> 00:23:56,720 Speaker 2: it was till ten o'clock at night, like the latest 544 00:23:56,720 --> 00:23:59,960 Speaker 2: that Westfield Miranda was opening throughout that like Christmas period, 545 00:24:00,240 --> 00:24:02,840 Speaker 2: And I remember our team were standing in the store 546 00:24:03,000 --> 00:24:05,760 Speaker 2: eight o'clock on like a you know, Friday night, and 547 00:24:05,800 --> 00:24:07,320 Speaker 2: it was eight and they had to be open till ten. 548 00:24:07,400 --> 00:24:09,560 Speaker 2: They're like, no, the center is a ghost. 549 00:24:09,240 --> 00:24:12,880 Speaker 5: Town, like you know, so it's just a shame. 550 00:24:13,080 --> 00:24:16,600 Speaker 2: Yeah, it's not the same, and like quietly we just 551 00:24:16,640 --> 00:24:18,960 Speaker 2: go just fucking shut girls, Like there is no point 552 00:24:19,000 --> 00:24:22,280 Speaker 2: in having your staff standing around when the center is 553 00:24:22,320 --> 00:24:25,560 Speaker 2: a ghost town. And I think also like online shopping 554 00:24:25,640 --> 00:24:27,959 Speaker 2: has a lot to play in that as well. When 555 00:24:28,000 --> 00:24:29,680 Speaker 2: we were kids, we'd be so excited to go to 556 00:24:29,720 --> 00:24:31,600 Speaker 2: the shops at eight o'clock at night because like you 557 00:24:31,640 --> 00:24:34,320 Speaker 2: could go out and it was exciting. Now we can 558 00:24:34,400 --> 00:24:36,760 Speaker 2: lay in bed and shop the sale from our bed. 559 00:24:36,880 --> 00:24:39,679 Speaker 4: Don't you make it an experience like actually have like 560 00:24:39,760 --> 00:24:42,639 Speaker 4: sleepover stuff in set up in store and stuff and 561 00:24:42,640 --> 00:24:44,080 Speaker 4: customers can go, oh, We've thought of. 562 00:24:44,240 --> 00:24:47,000 Speaker 2: All of these things, like ways to incentivize people to 563 00:24:47,160 --> 00:24:50,720 Speaker 2: come in like right up until you know, whatever time 564 00:24:50,720 --> 00:24:52,320 Speaker 2: it is that we're open kind of thing, and every 565 00:24:52,400 --> 00:24:53,840 Speaker 2: year were like, Okay, next year, we'll do that. 566 00:24:54,280 --> 00:24:55,720 Speaker 5: But I think one of the hardest. 567 00:24:55,440 --> 00:24:57,439 Speaker 2: Things about being in business is you've got a hundred 568 00:24:57,440 --> 00:25:00,520 Speaker 2: things going on it every single fucking time. No one 569 00:25:00,640 --> 00:25:04,040 Speaker 2: even just has the time to think about, Okay, what 570 00:25:04,080 --> 00:25:05,960 Speaker 2: activation are we going to do in our stores at 571 00:25:06,040 --> 00:25:06,600 Speaker 2: nine pm? 572 00:25:06,800 --> 00:25:08,919 Speaker 5: Five stores? Yeah, it's a lot. 573 00:25:09,640 --> 00:25:11,560 Speaker 3: It's a lot. And also is it worth it. 574 00:25:11,760 --> 00:25:15,120 Speaker 2: Yeah, it takes an army to orchestrate something in a store. 575 00:25:15,840 --> 00:25:19,560 Speaker 2: And who knows, maybe next year around Black Friday, we 576 00:25:19,680 --> 00:25:22,200 Speaker 2: can like, let's say, after this Black Friday, we will 577 00:25:22,200 --> 00:25:24,760 Speaker 2: spend the next twelve months preparing and maybe we will 578 00:25:24,760 --> 00:25:27,640 Speaker 2: do multiple days of offers and this, that and the other. 579 00:25:27,960 --> 00:25:30,520 Speaker 2: But it is like it would take a year to 580 00:25:30,680 --> 00:25:32,840 Speaker 2: plan like what that's going to look like in our 581 00:25:32,880 --> 00:25:36,920 Speaker 2: retail stores. 582 00:25:38,000 --> 00:25:39,760 Speaker 4: So I have a question for you because this is 583 00:25:39,760 --> 00:25:42,119 Speaker 4: something that I had noted down when I knew we 584 00:25:42,119 --> 00:25:44,600 Speaker 4: were going to talk about Black Friday, And that is 585 00:25:44,640 --> 00:25:48,320 Speaker 4: something that I would suggest people do, is reward their 586 00:25:48,359 --> 00:25:52,840 Speaker 4: loyal customers and not only the general public and not 587 00:25:52,880 --> 00:25:55,760 Speaker 4: treat everyone the same. Is that something that you're doing 588 00:25:55,800 --> 00:25:57,879 Speaker 4: because I know you're running a Black Friday sale on 589 00:25:57,920 --> 00:26:02,439 Speaker 4: the one day? Are you allowing your loyal customers early 590 00:26:02,520 --> 00:26:04,280 Speaker 4: access or giving them a bigger discount? 591 00:26:04,320 --> 00:26:04,359 Speaker 1: Like? 592 00:26:04,400 --> 00:26:05,600 Speaker 3: How are you treating them? 593 00:26:05,840 --> 00:26:06,040 Speaker 5: Yeah? 594 00:26:06,160 --> 00:26:08,760 Speaker 2: So I love that we're talking about this before the 595 00:26:08,800 --> 00:26:11,199 Speaker 2: Black Friday sale is even happening, So any fake customers 596 00:26:11,280 --> 00:26:12,800 Speaker 2: listening to this episode are going to kind of know 597 00:26:12,880 --> 00:26:15,719 Speaker 2: the tea. So we've decided for Black Friday, we are 598 00:26:15,720 --> 00:26:19,440 Speaker 2: obviously just doing the one day sale on the Friday 599 00:26:19,480 --> 00:26:22,520 Speaker 2: before Black Friday. Everyone marking this in their calendars now 600 00:26:22,560 --> 00:26:25,000 Speaker 2: listening to this episode. And the other hard thing we're 601 00:26:25,040 --> 00:26:27,160 Speaker 2: doing that as well, like going back to the whole 602 00:26:27,200 --> 00:26:29,200 Speaker 2: retail thing, is we're doing that a week before, which 603 00:26:29,200 --> 00:26:32,280 Speaker 2: means the week after when it is Black Friday. Technically 604 00:26:32,359 --> 00:26:34,720 Speaker 2: our stores are going to be quiet because there's no 605 00:26:34,840 --> 00:26:36,840 Speaker 2: sale happening in store, but there is with all the 606 00:26:36,880 --> 00:26:39,720 Speaker 2: other surrounding retailers. That's just a part of committing to 607 00:26:39,760 --> 00:26:42,280 Speaker 2: being in store. So we've decided or it's just like 608 00:26:42,320 --> 00:26:45,920 Speaker 2: a fixed amount off for the one day only online 609 00:26:46,040 --> 00:26:49,040 Speaker 2: and in all five of our stores. But I'm thinking 610 00:26:49,080 --> 00:26:52,680 Speaker 2: what I will do the night before And this isn't 611 00:26:52,720 --> 00:26:55,280 Speaker 2: set in stone, but it probably will happen because it's 612 00:26:55,320 --> 00:26:58,440 Speaker 2: easy for us to orchestrate is we have our Fate 613 00:26:58,520 --> 00:27:02,680 Speaker 2: Society Facebook group, which we encourage everyone to join. That's 614 00:27:02,680 --> 00:27:05,280 Speaker 2: where everyone stays in the loop with us every single day. 615 00:27:05,560 --> 00:27:08,840 Speaker 2: And we're thinking, like the night before that that Friday, 616 00:27:08,880 --> 00:27:12,560 Speaker 2: maybe on the Thursday night, we will do like a 617 00:27:12,760 --> 00:27:15,840 Speaker 2: different code that gets them even more off if they 618 00:27:15,920 --> 00:27:18,520 Speaker 2: choose to shop the night before. Yes, but even then, 619 00:27:18,680 --> 00:27:21,520 Speaker 2: like I want to do that, and we will most 620 00:27:21,600 --> 00:27:24,760 Speaker 2: likely do that. But then because we have stores, I 621 00:27:24,840 --> 00:27:27,399 Speaker 2: then know the stores will be quiet the next day 622 00:27:27,640 --> 00:27:30,679 Speaker 2: because they shopped the better deal online the night before. 623 00:27:30,880 --> 00:27:32,560 Speaker 2: And then our store teams go, oh, it wasn't that 624 00:27:32,600 --> 00:27:34,639 Speaker 2: busy today. It wasn't as busy as we thought. And 625 00:27:34,640 --> 00:27:36,880 Speaker 2: then I'm always like, sorry, girls, it's because we did 626 00:27:36,880 --> 00:27:39,800 Speaker 2: this special deal in Fate Society the night before. Like 627 00:27:39,840 --> 00:27:42,719 Speaker 2: it's nothing to be disappointed about. It's just you know, 628 00:27:42,760 --> 00:27:44,639 Speaker 2: they got an extra ten percent off if they shopped 629 00:27:44,640 --> 00:27:45,160 Speaker 2: the night before. 630 00:27:45,280 --> 00:27:47,840 Speaker 4: I feel like maybe not offering it to the Facebook group. 631 00:27:48,040 --> 00:27:52,160 Speaker 4: But say, for example, you segment out some people who 632 00:27:52,200 --> 00:27:53,440 Speaker 4: maybe have purchased. 633 00:27:53,080 --> 00:27:54,720 Speaker 3: From you ten times many times. 634 00:27:54,800 --> 00:27:58,320 Speaker 4: Yeah, and you individually email those people and say this 635 00:27:58,400 --> 00:28:00,920 Speaker 4: is your code, and so they may never have gone 636 00:28:00,960 --> 00:28:02,760 Speaker 4: into a store, but they have shopped with. 637 00:28:02,800 --> 00:28:04,560 Speaker 2: You ten times a more, and say we'll do it 638 00:28:04,560 --> 00:28:07,320 Speaker 2: to like an email segment instead of the whole Facebook group. 639 00:28:07,359 --> 00:28:09,639 Speaker 4: I actually think that would be amazing. And some brands 640 00:28:09,680 --> 00:28:11,600 Speaker 4: in America what they do, and this is a little 641 00:28:11,640 --> 00:28:13,639 Speaker 4: bit dodgy, so don't do it. Don't take my advice, 642 00:28:13,680 --> 00:28:16,280 Speaker 4: but it's really interesting the way they do it. They 643 00:28:16,320 --> 00:28:18,560 Speaker 4: segment out their loyal audiences and then they send them 644 00:28:18,560 --> 00:28:22,360 Speaker 4: a calendar request, so it's in their calendar and Google's 645 00:28:22,400 --> 00:28:25,000 Speaker 4: twenty percent off just for you. It's in their Google calendar. 646 00:28:25,040 --> 00:28:28,480 Speaker 4: It reminds them and as a psycho qualification. I don't 647 00:28:28,520 --> 00:28:31,520 Speaker 4: know if that's even allowed or if that's ethical or whatever, 648 00:28:31,520 --> 00:28:33,160 Speaker 4: but I just thought it was a really interesting way 649 00:28:33,240 --> 00:28:35,520 Speaker 4: to get your loyal customers to remember to come. 650 00:28:35,400 --> 00:28:36,360 Speaker 3: Back and purchase from you. 651 00:28:36,400 --> 00:28:37,760 Speaker 5: Absolutely, I love that. 652 00:28:37,920 --> 00:28:39,880 Speaker 3: Yeah, go do it. No, don't do it. 653 00:28:41,800 --> 00:28:44,320 Speaker 4: I do have like a few more actionable tips, so 654 00:28:44,400 --> 00:28:48,480 Speaker 4: I think everyone should know. So these are email tips 655 00:28:48,480 --> 00:28:51,000 Speaker 4: and I actually got this data from this report that 656 00:28:51,040 --> 00:28:51,920 Speaker 4: was done by Omnisent. 657 00:28:51,960 --> 00:28:53,720 Speaker 3: I'm a nerd, I get it. Like I was. 658 00:28:53,880 --> 00:28:55,560 Speaker 4: I read about this stuff all the time, but these 659 00:28:55,560 --> 00:28:57,280 Speaker 4: are the things that I pulled out, which I think 660 00:28:57,520 --> 00:28:59,920 Speaker 4: small business owners need to know. So when you are 661 00:29:00,080 --> 00:29:05,000 Speaker 4: sending out any Black Friday emails this sounds so obvious, 662 00:29:05,360 --> 00:29:07,840 Speaker 4: but in the subject line, don't try and be clever, 663 00:29:08,400 --> 00:29:11,280 Speaker 4: just write. Make sure the words Black Friday are mentioned 664 00:29:11,320 --> 00:29:14,840 Speaker 4: in there. And also the specific discount. 665 00:29:14,360 --> 00:29:16,400 Speaker 3: Or the specific offer that you've got it has to 666 00:29:16,440 --> 00:29:17,600 Speaker 3: be in the subject line. 667 00:29:17,800 --> 00:29:20,480 Speaker 4: And this is a really weird fact from twenty twenty 668 00:29:20,520 --> 00:29:24,680 Speaker 4: three and twenty twenty two. Okay emails offering discounts between 669 00:29:24,760 --> 00:29:28,360 Speaker 4: ten to twenty five percent see higher click through rates 670 00:29:28,400 --> 00:29:31,320 Speaker 4: than ones offering between fifty and fifty five percent. 671 00:29:31,560 --> 00:29:33,680 Speaker 5: Why do people think it's a scam? I don't know. 672 00:29:33,840 --> 00:29:37,320 Speaker 2: I think people would see fifty percent off and then 673 00:29:37,320 --> 00:29:38,720 Speaker 2: they're going to go, well, that's only going to be 674 00:29:38,920 --> 00:29:40,840 Speaker 2: so many items. It's going to be I'm going to 675 00:29:40,840 --> 00:29:42,320 Speaker 2: go on the website and some are going to be 676 00:29:42,360 --> 00:29:43,880 Speaker 2: ten and they're going to be sold out because it 677 00:29:43,960 --> 00:29:45,080 Speaker 2: was too big of a discount. 678 00:29:45,120 --> 00:29:47,280 Speaker 5: You go, that's the interesting, really interesting. 679 00:29:47,760 --> 00:29:50,440 Speaker 4: Also, the more the text the lower the click through rates. 680 00:29:50,440 --> 00:29:53,800 Speaker 4: So really have bold, simple images that just tell people 681 00:29:54,080 --> 00:29:56,480 Speaker 4: this is the discount, this is what you get. It 682 00:29:56,520 --> 00:29:59,920 Speaker 4: applies to everything or these collections whatever, and no other 683 00:30:00,120 --> 00:30:02,320 Speaker 4: creative button except for shop now. 684 00:30:02,960 --> 00:30:04,600 Speaker 3: That is really important and so. 685 00:30:04,640 --> 00:30:05,720 Speaker 5: Something to add to that as well. 686 00:30:06,560 --> 00:30:08,720 Speaker 2: In my experience, for all of you with a business 687 00:30:08,760 --> 00:30:11,360 Speaker 2: out there, and if you do email marketing, which by 688 00:30:11,400 --> 00:30:14,520 Speaker 2: the way, what's really interesting is consumers don't realize how 689 00:30:14,600 --> 00:30:17,240 Speaker 2: much revenue you bring in through your email marketing. Even 690 00:30:17,240 --> 00:30:20,200 Speaker 2: though you'll hate emails, it's actually such a vital part 691 00:30:20,240 --> 00:30:23,280 Speaker 2: of business still in twenty twenty four. And if I 692 00:30:23,320 --> 00:30:25,280 Speaker 2: could give one piece of advice for when it comes 693 00:30:25,280 --> 00:30:28,000 Speaker 2: to sending out an email. So you're doing a Black 694 00:30:28,000 --> 00:30:31,040 Speaker 2: Friday twenty percent off for one day only, I agree 695 00:30:31,040 --> 00:30:34,200 Speaker 2: with a need that just simple emails is the way 696 00:30:34,200 --> 00:30:37,600 Speaker 2: to go. You want those email subscribers to open your 697 00:30:37,640 --> 00:30:41,000 Speaker 2: email and just without even scrolling they can see twenty 698 00:30:41,040 --> 00:30:44,479 Speaker 2: percent off today only shop now. Just text like, make 699 00:30:44,520 --> 00:30:47,440 Speaker 2: it in canvas, make it so simple. But in my 700 00:30:47,720 --> 00:30:51,080 Speaker 2: experience and what I'll probably do again for Black Friday 701 00:30:51,680 --> 00:30:56,280 Speaker 2: is text only. You text only emails. So for example, 702 00:30:56,320 --> 00:30:58,840 Speaker 2: we use Klavo Clavio. However you want to say it 703 00:30:58,840 --> 00:31:02,000 Speaker 2: for our email marketing and when you could do in 704 00:31:02,040 --> 00:31:05,880 Speaker 2: any like mail, Chimp, whatever you're using. Instead of doing 705 00:31:05,960 --> 00:31:09,400 Speaker 2: a image based email that you send out like a newsletter, 706 00:31:09,840 --> 00:31:12,720 Speaker 2: switch to text only and then it will open up 707 00:31:12,920 --> 00:31:16,840 Speaker 2: like a regular email and you will just type it out. 708 00:31:17,280 --> 00:31:19,920 Speaker 2: So that's what we do for our sales period And 709 00:31:20,080 --> 00:31:21,200 Speaker 2: what's really clever is. 710 00:31:22,160 --> 00:31:23,840 Speaker 5: It looks like you've written it yourself. 711 00:31:24,080 --> 00:31:26,720 Speaker 2: And so for our Black Friday sale, for example, I'm 712 00:31:26,760 --> 00:31:29,680 Speaker 2: going to do that interesting for our main email and 713 00:31:29,720 --> 00:31:31,360 Speaker 2: it's just going to say hey, and then you can 714 00:31:31,360 --> 00:31:33,719 Speaker 2: put the customer's name. It will have their name, no 715 00:31:33,720 --> 00:31:36,720 Speaker 2: matter who they are. So, hey, Anita, I just wanted 716 00:31:36,760 --> 00:31:38,560 Speaker 2: to drop into your inbox to let you know that 717 00:31:38,720 --> 00:31:41,120 Speaker 2: today only, we're doing twenty percent off everything at Fate 718 00:31:41,160 --> 00:31:43,640 Speaker 2: online and in store. And then you know, I'll always 719 00:31:43,640 --> 00:31:45,920 Speaker 2: add personal things in there, like I know your inbox 720 00:31:45,960 --> 00:31:49,080 Speaker 2: is probably absolutely swamped already with so many other brands. 721 00:31:49,360 --> 00:31:52,800 Speaker 2: It's not often that we participate in sales periods, so 722 00:31:52,920 --> 00:31:55,120 Speaker 2: be sure to take up this so far while it lasts. 723 00:31:55,120 --> 00:31:56,680 Speaker 2: It's one day only kind of thing. And then all 724 00:31:56,720 --> 00:31:59,760 Speaker 2: you want to do in that email is just link 725 00:32:00,040 --> 00:32:02,680 Speaker 2: some of the words that you have written, So make 726 00:32:02,680 --> 00:32:04,120 Speaker 2: sure that there's links in there. 727 00:32:04,280 --> 00:32:05,800 Speaker 5: Don't just make it a text. 728 00:32:05,520 --> 00:32:07,479 Speaker 4: Email, a link to a product or a collection. 729 00:32:07,640 --> 00:32:10,440 Speaker 2: Yeah, So then like I'll where I've written we are 730 00:32:10,440 --> 00:32:12,960 Speaker 2: having twenty percent off for one day only, I'll highlight 731 00:32:13,040 --> 00:32:15,960 Speaker 2: that and link that to our new arrivals page where 732 00:32:16,120 --> 00:32:16,960 Speaker 2: all of the. 733 00:32:17,280 --> 00:32:19,600 Speaker 5: Signage is, you know. So I'll just put a few 734 00:32:19,600 --> 00:32:20,280 Speaker 5: clever links. 735 00:32:20,600 --> 00:32:22,520 Speaker 2: I might even write if there was one item I 736 00:32:22,520 --> 00:32:24,800 Speaker 2: would get in the sale, it's our Billy jeans. And 737 00:32:24,840 --> 00:32:27,480 Speaker 2: then I've highlighted that Billy Jeans with the link straight 738 00:32:27,520 --> 00:32:29,640 Speaker 2: to the Billy Jeans, and then just pop your website 739 00:32:29,640 --> 00:32:32,480 Speaker 2: at the bottom, and I just sign off like happy shopping, 740 00:32:32,920 --> 00:32:35,360 Speaker 2: see you in store if you're popping in Lots of 741 00:32:35,360 --> 00:32:38,680 Speaker 2: love Britney www dot fathlabel dot com at the bottom linked. 742 00:32:39,320 --> 00:32:41,080 Speaker 5: And that's what we do for our email. 743 00:32:41,160 --> 00:32:43,200 Speaker 4: So it cuts through the noise but also tells all 744 00:32:43,240 --> 00:32:46,240 Speaker 4: the email providers that it's actually not an AD. Yes, 745 00:32:46,400 --> 00:32:49,320 Speaker 4: so it goes into the inbox not their promotions tabtoo. Yes, 746 00:32:49,640 --> 00:32:50,240 Speaker 4: super clever. 747 00:32:50,400 --> 00:32:54,400 Speaker 2: And then I set the sender name as Britney Saunders 748 00:32:54,400 --> 00:32:57,400 Speaker 2: from Fate, so instead of learning in their inbox and 749 00:32:57,400 --> 00:33:00,000 Speaker 2: it says Fate. The label is the sender, it says Brittany. 750 00:33:00,640 --> 00:33:03,000 Speaker 2: So like, oh my god, Britney's emailed me and they 751 00:33:03,040 --> 00:33:05,760 Speaker 2: click in it. It's very clever, very sneaky. It is sneak, 752 00:33:05,840 --> 00:33:07,920 Speaker 2: and you know it's awesome because you have it in it. 753 00:33:08,160 --> 00:33:09,040 Speaker 3: Yeah I have. 754 00:33:09,880 --> 00:33:11,720 Speaker 5: So that's my tip. Any Way, back to your tips 755 00:33:11,720 --> 00:33:13,040 Speaker 5: and eater, Yeah, well that was it. 756 00:33:13,280 --> 00:33:14,719 Speaker 4: They were all my email ones. But I do think 757 00:33:14,720 --> 00:33:17,120 Speaker 4: we should summarize and just tell people what they need 758 00:33:17,200 --> 00:33:19,360 Speaker 4: to know and what they need to do in and 759 00:33:19,480 --> 00:33:21,040 Speaker 4: just interrupt me when you need to. But these are 760 00:33:21,080 --> 00:33:23,120 Speaker 4: what I These are the things I think they need 761 00:33:23,120 --> 00:33:26,520 Speaker 4: to do. Okay, the dates. First, just get clear on 762 00:33:26,600 --> 00:33:29,520 Speaker 4: the dates. So twenty ninth to the second of December 763 00:33:30,040 --> 00:33:33,240 Speaker 4: those that's technically Black Friday to Cyber Monday. You could 764 00:33:33,280 --> 00:33:35,440 Speaker 4: go one week or two weeks early, So pick a 765 00:33:35,520 --> 00:33:38,760 Speaker 4: date and you work backwards from there. Then I want 766 00:33:38,800 --> 00:33:41,760 Speaker 4: you to pick an offer, just one simple offer. I 767 00:33:41,840 --> 00:33:44,880 Speaker 4: could just be sight wide or a tear discount, free gift, whatever. 768 00:33:45,080 --> 00:33:46,920 Speaker 4: Then I want you to pick how are you going 769 00:33:47,000 --> 00:33:49,080 Speaker 4: to make people aware of this? Is it going to 770 00:33:49,120 --> 00:33:51,280 Speaker 4: be through ads? Is it going to be through emails. 771 00:33:51,360 --> 00:33:53,560 Speaker 4: Is it just on the website, is it only content? 772 00:33:53,960 --> 00:33:55,280 Speaker 4: Like are you going to do Google ads? Are you 773 00:33:55,280 --> 00:33:57,560 Speaker 4: going to do Facebook? Pick a couple that you know 774 00:33:57,680 --> 00:34:00,080 Speaker 4: really work for your brand and make sure that they 775 00:34:00,080 --> 00:34:03,120 Speaker 4: are completely done with the Black Friday merchandising and have 776 00:34:03,200 --> 00:34:06,000 Speaker 4: them ready to go. Like for example, with emails, make 777 00:34:06,040 --> 00:34:08,279 Speaker 4: sure you've written up those emails beforehand so you're not 778 00:34:08,360 --> 00:34:11,000 Speaker 4: struggling at the time just being like what do I do? 779 00:34:11,040 --> 00:34:11,440 Speaker 4: What do I do? 780 00:34:11,480 --> 00:34:11,880 Speaker 3: What emails? 781 00:34:11,920 --> 00:34:13,960 Speaker 4: Dooice and have them written up now, like now is 782 00:34:13,960 --> 00:34:16,359 Speaker 4: a really good time to have that ready. And also 783 00:34:16,400 --> 00:34:18,960 Speaker 4: with your Facebook ads, if you like Facebook ads and 784 00:34:19,040 --> 00:34:22,719 Speaker 4: you use Facebook ads, set up a new advantage plus campaign. 785 00:34:22,960 --> 00:34:25,120 Speaker 4: Put in all of your ad creatives in their simple 786 00:34:25,160 --> 00:34:26,759 Speaker 4: ads like twenty percent off. 787 00:34:26,880 --> 00:34:29,160 Speaker 2: It's really really basic stuff, right, it doesn't have to 788 00:34:29,160 --> 00:34:31,360 Speaker 2: be basic. Ads always perform the best. 789 00:34:31,440 --> 00:34:34,680 Speaker 4: And I love your ads, like it's just handwritten stuff 790 00:34:34,719 --> 00:34:36,040 Speaker 4: saying this is like the sale. 791 00:34:36,200 --> 00:34:36,960 Speaker 5: I love that. 792 00:34:37,080 --> 00:34:39,200 Speaker 4: I think it works really well. It cuts through the 793 00:34:39,239 --> 00:34:41,239 Speaker 4: noise as well. So really think about how you want 794 00:34:41,280 --> 00:34:43,360 Speaker 4: to get the offer out there. Then I want you 795 00:34:43,480 --> 00:34:46,800 Speaker 4: to think about are you going to reward your loyal 796 00:34:46,880 --> 00:34:50,000 Speaker 4: customers first? And if so, maybe you go a day 797 00:34:50,040 --> 00:34:52,600 Speaker 4: earlier for them so they either get early access with 798 00:34:52,680 --> 00:34:55,799 Speaker 4: the same code or they just get a bigger. 799 00:34:55,520 --> 00:34:57,839 Speaker 3: Discount with a different code on that day. 800 00:34:58,040 --> 00:34:58,200 Speaker 2: Yep. 801 00:34:58,320 --> 00:35:01,080 Speaker 4: So just making sure you know that, and then I 802 00:35:01,120 --> 00:35:04,080 Speaker 4: would make sure your website is completely merchandised. And the 803 00:35:04,120 --> 00:35:06,480 Speaker 4: way to do that is create a to do list 804 00:35:06,600 --> 00:35:09,360 Speaker 4: in like even just your notes, you know app on 805 00:35:09,400 --> 00:35:12,080 Speaker 4: your phone, being like, okay, homepage, what do I want 806 00:35:12,080 --> 00:35:13,680 Speaker 4: to do? Product page, how do I want to let 807 00:35:13,719 --> 00:35:15,920 Speaker 4: them know collections page? And in the cart how do 808 00:35:16,000 --> 00:35:18,040 Speaker 4: I let them know further that there's a sale. So 809 00:35:18,120 --> 00:35:20,279 Speaker 4: just think about how you want to merchandise that. And 810 00:35:20,320 --> 00:35:23,600 Speaker 4: then I want you to map out your content from 811 00:35:23,680 --> 00:35:26,239 Speaker 4: now because content is the thing where people are like, 812 00:35:26,320 --> 00:35:28,799 Speaker 4: oh my god, I've mapped out them, and I've merchandised everything. 813 00:35:28,840 --> 00:35:29,520 Speaker 3: I've run ads. 814 00:35:29,719 --> 00:35:31,680 Speaker 5: I'm like, oh my god, what do I create for content? 815 00:35:31,719 --> 00:35:32,239 Speaker 5: What are the reels? 816 00:35:32,280 --> 00:35:33,360 Speaker 3: What are the TikTok videos? 817 00:35:33,400 --> 00:35:36,200 Speaker 4: Think about it now, just like look at your algorithm, 818 00:35:36,480 --> 00:35:38,680 Speaker 4: see what brands are doing, and save the ones that 819 00:35:38,760 --> 00:35:40,719 Speaker 4: you like and think I can do this too. And 820 00:35:40,760 --> 00:35:43,880 Speaker 4: if you can film it now and edit it so 821 00:35:43,920 --> 00:35:44,960 Speaker 4: that you can just post. 822 00:35:44,760 --> 00:35:45,359 Speaker 3: Ready to go. 823 00:35:45,960 --> 00:35:48,560 Speaker 2: I love that you're putting this so simply, because what 824 00:35:48,600 --> 00:35:53,440 Speaker 2: you're explaining now is what all these ads, agencies and 825 00:35:53,520 --> 00:35:56,000 Speaker 2: other people are saying, like, you know, it's a make 826 00:35:56,040 --> 00:35:57,960 Speaker 2: up break. You need to have a strategy. But this 827 00:35:58,120 --> 00:36:00,720 Speaker 2: is as simple as it actually is. But I find 828 00:36:00,719 --> 00:36:02,320 Speaker 2: those videos overwhelming where. 829 00:36:02,120 --> 00:36:05,279 Speaker 5: They're like, what's your strategy? That's all it is. 830 00:36:05,360 --> 00:36:07,200 Speaker 2: It's just ticking all those boxes that you have just 831 00:36:07,280 --> 00:36:10,239 Speaker 2: gone through so simply, and I think, especially if you 832 00:36:10,280 --> 00:36:12,239 Speaker 2: write it all down and you know all the things 833 00:36:12,280 --> 00:36:15,680 Speaker 2: you have to tick off, anyone can achieve being prepared 834 00:36:15,719 --> 00:36:20,200 Speaker 2: for Black Friday. It's not complicated like it seems online. 835 00:36:20,440 --> 00:36:24,280 Speaker 4: Don't be so overwhelmed by the noise that people talk about. 836 00:36:24,719 --> 00:36:27,760 Speaker 4: They love to make noise, especially companies and like coaches 837 00:36:27,840 --> 00:36:30,000 Speaker 4: and mentors and stuff. You know what I feel about 838 00:36:30,040 --> 00:36:32,320 Speaker 4: those people, but a lot of them they love to 839 00:36:32,360 --> 00:36:36,040 Speaker 4: make noise because if they seem if it makes it complicated, 840 00:36:36,320 --> 00:36:38,239 Speaker 4: you feel like you need those people you need to 841 00:36:38,280 --> 00:36:41,040 Speaker 4: sign up to the adage about Don't I even feel 842 00:36:41,080 --> 00:36:42,880 Speaker 4: that way though when I see their videos, And. 843 00:36:43,040 --> 00:36:44,200 Speaker 5: This is a make or break. 844 00:36:44,200 --> 00:36:46,640 Speaker 2: If you don't have you set up, your business is 845 00:36:46,680 --> 00:36:48,960 Speaker 2: going under in twenty twenty five because Black Friday is 846 00:36:49,000 --> 00:36:50,960 Speaker 2: where it's at, and I'm like, fuck, do I need 847 00:36:51,000 --> 00:36:53,400 Speaker 2: to sign up to this marketing agency because they're talking 848 00:36:53,480 --> 00:36:55,640 Speaker 2: a language I don't understand and I need to pay 849 00:36:55,640 --> 00:36:56,520 Speaker 2: them for them to tell me. 850 00:36:56,800 --> 00:36:59,399 Speaker 5: But it's just as simple as what you have spelled out. Yeah, 851 00:37:00,200 --> 00:37:01,759 Speaker 5: I love you for that, and. 852 00:37:01,760 --> 00:37:04,040 Speaker 4: I love you for only doing one day and showing 853 00:37:04,040 --> 00:37:05,960 Speaker 4: people that you don't need to make it a month 854 00:37:06,000 --> 00:37:09,239 Speaker 4: of sales like I love that you can actually just 855 00:37:09,280 --> 00:37:12,920 Speaker 4: rely on consistent sales, have one day, reward your customers, 856 00:37:12,960 --> 00:37:14,760 Speaker 4: and then just go about business as usual. 857 00:37:14,880 --> 00:37:17,480 Speaker 2: And look, next year, I might try to expand it 858 00:37:17,520 --> 00:37:20,040 Speaker 2: a little, or we might do something little for Cyber Monday, 859 00:37:20,160 --> 00:37:23,000 Speaker 2: just for online. But I think the reason why we've 860 00:37:23,040 --> 00:37:25,799 Speaker 2: just always kept it so simple is because we have 861 00:37:25,960 --> 00:37:29,480 Speaker 2: retail stores, and that's just like a whole other ballpark 862 00:37:29,560 --> 00:37:33,319 Speaker 2: of orchestrating it to make sure it's even online and 863 00:37:33,360 --> 00:37:35,480 Speaker 2: in stores, because if we don't do the same offer, 864 00:37:35,880 --> 00:37:38,080 Speaker 2: then customers go, well, why can't I do it in store? 865 00:37:38,160 --> 00:37:38,520 Speaker 5: Like you know? 866 00:37:38,600 --> 00:37:41,879 Speaker 2: It just is it's so much work and so complicated. 867 00:37:42,320 --> 00:37:45,919 Speaker 2: If we did a month long sale like period, would 868 00:37:45,960 --> 00:37:49,520 Speaker 2: we make a shit ton more money probably, but the 869 00:37:49,560 --> 00:37:51,920 Speaker 2: way that we've done it is always by keeping it simple, 870 00:37:51,920 --> 00:37:53,279 Speaker 2: and I'm going to keep doing it that way for 871 00:37:53,360 --> 00:37:54,960 Speaker 2: now you'd make a shit. 872 00:37:54,760 --> 00:37:57,200 Speaker 4: Ton of money but less profit, and then your customers 873 00:37:57,280 --> 00:37:58,839 Speaker 4: might want that sale all the time. 874 00:37:58,920 --> 00:37:59,080 Speaker 2: Yeah. 875 00:37:59,080 --> 00:37:59,920 Speaker 3: I think the way you're. 876 00:37:59,760 --> 00:38:03,520 Speaker 4: Doing it is actually be mindful with your sales business owners, 877 00:38:03,560 --> 00:38:06,480 Speaker 4: be mindful. Before we go, though, Can I just say 878 00:38:06,480 --> 00:38:09,839 Speaker 4: congratulations on being nominated for TikTok Business of the Year. 879 00:38:10,840 --> 00:38:13,240 Speaker 5: So much in there because thanks Anita. 880 00:38:13,280 --> 00:38:15,480 Speaker 3: I want everyone to vote for you, and I didn't realize. 881 00:38:15,520 --> 00:38:17,560 Speaker 2: You can vote once a day, once a day from 882 00:38:17,560 --> 00:38:20,719 Speaker 2: now until November thirteenth. Okay, I pick the link in 883 00:38:20,760 --> 00:38:23,319 Speaker 2: my bio, go to the business section and then you'll 884 00:38:23,320 --> 00:38:24,920 Speaker 2: find Fate and you just click vote. You just have 885 00:38:25,000 --> 00:38:27,080 Speaker 2: to be in Australia or New Zealand and you have 886 00:38:27,120 --> 00:38:29,040 Speaker 2: to have TikTok oh easy. 887 00:38:29,200 --> 00:38:30,920 Speaker 5: Yeah, it's literally that. 888 00:38:30,960 --> 00:38:32,120 Speaker 4: You have to have the app and then you just 889 00:38:32,160 --> 00:38:35,000 Speaker 4: go click click click Fate vote and it's so easy. 890 00:38:35,040 --> 00:38:37,279 Speaker 3: Yeaheah. I'm doing it today, I'm doing it every day. 891 00:38:37,360 --> 00:38:39,520 Speaker 2: I'm getting a ja to do it every day. I'm 892 00:38:39,600 --> 00:38:41,719 Speaker 2: voting from my account and the Fate account you. 893 00:38:41,800 --> 00:38:44,360 Speaker 3: Better win this thing. Okay, well I'm waiting. 894 00:38:44,560 --> 00:38:46,360 Speaker 5: Look, I've got a. 895 00:38:46,320 --> 00:38:48,359 Speaker 4: Lot of thoughts on the TikTok Awards, so I might 896 00:38:48,360 --> 00:38:50,720 Speaker 4: do a little bonus episode soon about my thoughts. 897 00:38:50,760 --> 00:38:53,000 Speaker 2: But yeah, it's pretty cool to be nominated. But it's 898 00:38:53,000 --> 00:38:54,120 Speaker 2: not the be all and end all. 899 00:38:54,280 --> 00:38:54,560 Speaker 5: It's not. 900 00:38:54,760 --> 00:38:56,920 Speaker 3: But it's so cool and I am really proud of you. 901 00:38:57,040 --> 00:39:01,040 Speaker 2: Thanks Anita, Well, thanks for coming on. Can everyone find you? 902 00:39:01,480 --> 00:39:05,040 Speaker 4: Oh, go to instagram at sell anything online. TikTok at 903 00:39:05,040 --> 00:39:07,680 Speaker 4: sell anything online. I also own a company or Hero Packaging. 904 00:39:08,080 --> 00:39:09,760 Speaker 5: If you need any packaging for your business. 905 00:39:09,760 --> 00:39:14,200 Speaker 2: Anita does everything I do, like everything, even like custom 906 00:39:14,280 --> 00:39:19,480 Speaker 2: printed color co bags, tissue paper, anything you need anything 907 00:39:19,760 --> 00:39:23,520 Speaker 2: packaging and branding and tote bags and everything. Look up 908 00:39:23,520 --> 00:39:27,320 Speaker 2: Hero Packaging. I'm sure I'm sure you've seen Hero Packaging somewhere. 909 00:39:27,360 --> 00:39:29,520 Speaker 2: I'm sure you've bought from a business that came in 910 00:39:29,520 --> 00:39:32,440 Speaker 2: a Hero Packaging parcel. So thank you. 911 00:39:32,719 --> 00:39:33,200 Speaker 5: Check her out. 912 00:39:33,600 --> 00:39:35,840 Speaker 3: Thank you very much for having me anytime.