The past two days required a study of Thanksgiving - Cyber Monday activity.
Today, let's look at the share of volume going to items selling below their historical average price point, by year, for the brand we've been studying.
2014:
- Nov = 25%.
- Cyb = 33%.
- Dec = 28%.
2015:
- Nov = 17%.
- Cyb = 31%.
- Dec = 20%.
2016:
- Nov = 22%.
- Cyb = 35%.
- Dec = 20%.
2017:
- Nov = 22%.
- Cyb = 27%.
- Dec = 17%.
2018:
- Nov = 27%.
- Cyb = 34%.
- Dec = 24%.
That's a consistent story, isn't it? This brand is always trying to get customers to buy during the Thanksgiving - Cyber Monday window by marking down items.
Study your Gross Margin metrics and determine if what you are doing is effective? Who cares if you gain market share during a six-day window if the market share gained results in damage to your Gross Margins?
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