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 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, brickandmortar stores and malls saw an uptick
in visitors and shopping. Foot traffic in toptier indoor malls jumped
almost compared to the visitor traffic during the first three
quarters of the year. Consider that Target had more visitors,
and Best Buy gathered more traffic.
According to Adobe, Cyber Monday also grew at a rate of 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 Ps based on the holiday shopping datainformation given in this case
study
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