Tom Cox
Tom is the founder and CEO of 15gifts

Published: August 14, 2024

Black Friday Intelligence Briefing 2020

Presented by: Tom Cox, CEO, 15gifts. Emily Becht, Customer Analytics Lead.

15gifts’ Black Friday sector intelligence briefing is based on our analysis of millions of buying interactions across the leading enterprise Telco sites, from September iPhone launches through to Black Friday and Cyber Monday, as well as looking at a year on year comparison.

It highlights sector-wide performance across the Q4 sales period, as well as identifying trends, including:

Spend and discounting. How average spend value looked over the sale period and what that means for future discounting strategies

Immediacy vs consideration. The ‘Black Friday Waiting Game’ – the balance between immediacy and longer consideration periods, and the opportunities that creates for personalisation

Purchasing patterns. How decisions around key Q4 events compare to normal behaviour patterns in terms of spend, products and features

Humanisation, anthropomorphism and intuition

No matter how effective a personalised online experience is, there is one aspect of traditional in-store selling that many digital platforms still struggle to compete with: real people.

Personalised online interactions are effective, yet they often lack the warmth of genuine human connections that enhance brand loyalty and customer satisfaction.

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