2022 eCommerce Seasonal Wrapup, Freestyle Solutions

Gift red box with white polka dots on the laptop. Purchase discounts for the new year in online stores on Christmas eve

As the 2022 holiday season comes to a close of another successful year, eCommerce merchants can take pride in the wins and lessons learned throughout 2022. 

Although this has been an unprecedented year filled with many unique challenges for digital businesses worldwide, it is also clear that our industry continues to show its resiliency as online shopping strategies have become increasingly popular.

The success of this season can be attributed to the fact that more and more people are choosing to shop online due to convenience, safety, and the wide selection of products available through eCommerce websites. This trend has been building over the past few years, but it was especially evident during the 2022 holiday season. 

Ecommerce Seasonal Shopping Trends

Black Friday

It is the biggest shopping day of the year, and in 2022 it was no exception. According to Adobe Analytics and CNBC, Black Friday online sales set a record with $9.12 billion in revenue, a 2.3% increase from 2021.

This demonstrates that despite an uncertain economic climate due to the COVID-19 pandemic, consumers remain eager to take advantage of discounts and deals during the holiday season.

Many online retailers, such as Amazon, saw a surge in demand as shoppers opted to shop from the comfort of their own homes instead of standing in line at stores. With record-breaking numbers, it’s clear that Black Friday will remain a major shopping event for years to come.

Cyber Monday

Following the success of Black Friday, Cyber Monday proved to be an even bigger success for retailers. U.S. online sales on Cyber Monday hit $11.3 billion – the most ever for that day and a 5.8% increase from 2021’s total, according to Chain Storage and Adobe.

The increased demand for online shopping highlights the fact that consumers are looking for convenience and value in their shopping experience. Cyber Monday provides an opportunity for retailers to capitalize on this trend with attractive deals, discounts, and promotions.

Businesses should also focus on providing a seamless online shopping experience by offering fast shipping, convenient payment options, and comprehensive customer service. With the right strategy in place, Cyber Monday can be an important source of revenue for businesses.

Holiday Shopping Season

The holiday shopping season is a key time for retailers to capitalize on seasonal spirit and drive sales. As people look to purchase Christmas or Hanukkah gifts and celebrate with family, they’re willing to spend more money than usual.

Retailers should use this opportunity to offer attractive promotions and discounts that will entice shoppers. They should also focus on providing an overall positive shopping experience, with fast shipping and convenient payment options.

How to Prepare for the Next Season

Now that the 2022 eCommerce seasonal wrap-up is complete, it’s time to look ahead and start preparing for the next season. Here are some key tips to keep in mind for

  1. Stay on top of trends: It’s important to stay informed about new trends in the industry so you can anticipate customers’ needs and wants. Take the time to research any ecommerce trends, both online and offline.
  2. Improve online presence: Make sure your website is up-to-date and provides a positive shopping experience. This includes ensuring that navigation is easy and intuitive, product pages are well laid out, the checkout process is secure, and customer service is available if needed.
  3. Offer promotions and discounts: Consumers are always interested in deals, so consider offering special promotions and discounts to attract customers. This could include limited-time offers, exclusive coupons, or free shipping.
  4. Focus on customer service: Customer satisfaction is key if you want to build long-term loyalty. Make sure your customer service team is prepared to answer questions and resolve any issues quickly and efficiently.

We’ve Got You!

Are you looking for a more efficient and effective way to manage orders and inventory in 2023 and during next year’s holiday season? Freestyle’s M.O.M. software can help. 

M.O.M. multichannel order management software is designed to streamline operations, automate tasks, reduce costs, and ultimately increase your business’s bottom line. 

Schedule a demo today to see how M.O.M. can help you succeed in 2023.