Maximize your holiday revenue with our Holiday Playbook 2024 

Black Friday hero image

A Black Friday Case Study

Black Friday/Cyber Monday isn’t just a big holiday weekend, it is a retailer’s best opportunity to drive sales for the season. Dr. Scholl’s turned the critical sales milestone into a 9 day, 11 message event that doubled revenue from the same period YOY.

We are very excited to share this mini case study, currently an EIS Awards 2023 finalist in the Multiple Messages category. Marketers can learn a lot from this Dr. Scholl’s campaign that doubled orders and revenue while reducing opt-out rates by a third. 

Dr. Scholl’s wanted to maximize revenue for Black Friday/Cyber Monday. They discussed approaches with Alchemy Worx and agreed that this big cultural event isn’t just about the sales that day, it’s about the anticipation and build up leading to the days-long event. 

In order to increase cadence the way they felt the holiday deserved, the team also agreed to look at segmentation based on engagement. While there were multiple segments considered, ultimately the team summarized them by “wide” – going to most of the database, and “engaged” – going to buyers/openers/clickers within a specific timeframe. 

Together they built a calendar that created opportunities for more mailings through smart segmentation and messaging, while never suggesting that customers should wait for better deals. 

SunMonTueWedThuFriSat
Thanksgiving Sale
Wide send
Thanksgiving Sale
Wide send
Get Ready for Black Friday
Wide send, PM only
Black Friday Deals
AM – Wide send
PM – engaged
Deals got better!
Wide send
Early Cyber Monday Deals
Wide send
Cyber Monday Deals
AM – Wide send
PM – engaged
Last Chance!
AM – wide send
PM – engaged

The holiday event in 2022 had 10 mailings compared to 5 during 2021. Five of the 2022 mailings pulled in record-breaking revenue, compared to only three in 2021. Part of this was a result of significant work to increase list size during 2022. However, the extra campaigns gave 2022 a clear advantage on revenue that outpaced the changes to the list. 

While revenue and orders were up, the team did need to accept a lower click rate. This was a deliberate choice. They realized that by opening up the sends to the wider audience, they were trading off clickthrough rates in order to get more orders. It is a balancing act to try to reach engaged customers while also reminding less-engaged customers that you have valuable offers they might want. Holidays are definitely a good time to broaden your reach, since more people are in the market for goods during that season. The team took advantage of that in their planning and it paid off.

Dr. Scholl’s and Alchemy Worx are planning to use these learnings in planning their 2023 holiday season. We look forward to another record-breaking year for Dr. Scholl’s!

YOU MIGHT ALSO LIKE...