Question: Black Friday is a big shopping excursion for consumers. It also seems to get longer. In 2 0 2 3 , Black Friday sales started

Black Friday is a big shopping excursion for consumers. It also
seems to get longer. In 2023, Black Friday sales started weeks
earlier, and the deals continued for weeks afterward.
While we might suspect that spending is still leaning towards
online shopping, brick-and-mortar stores and malls saw an uptick
in visitors and shopping. Foot traffic in top-tier indoor malls jumped
almost 300% compared to the visitor traffic during the first three
quarters of the year. Consider that Target had 160% more visitors,
and Best Buy gathered 700% more traffic.
According to Adobe, Cyber Monday also grew at a rate of 9.6% compared to last year, making it the
biggest online shopping day, ever. Electronics, smartwatches, TV, and audio equipment were big sellers
along with gaming products. Top gifts were clothing and accessories, toys, gift cards, books, video
games, and beauty products.SWOT analyses, environmental scanning, and target market identification are essential to
effective marketing. In general, discuss the importance and implications to a companys
marketing program (4Ps) based on the 2023 holiday shopping data/information given in this case
study

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