December 3, 2024
Insight

So Black Friday’s over—what now? Activating new customers and driving the repeat purchase rate

The Black Friday / Cyber Monday period brought a surge of new customers and transactions, generating a treasure trove of data. But what comes next? For brands looking to transform those one-time buyers into loyal customers, the answer lies in refining and leveraging their data effectively.
So Black Friday’s over—what now? Activating new customers and driving the repeat purchase rate

Here’s how your data refinery can be the catalyst for turning Black Friday success into long-term customer activation and retention.

1. Achieve Success Through Data Consolidation and Enrichment: Before you can act on your Black Friday insights, you need to make sense of the data. The influx of transactions during Black Friday creates fragmented datasets from multiple sources—sales channels, email sign-ups, and touch points. Consolidating and enriching this data is foundational to achieving the other strategies in this blog. (Don’t panic if this isn’t in your skillset or organisational capabilities – we can help here!)

Here’s how to get started:

Tip: Open data enrichment can help you uncover valuable insights about your new customers, such as lifestyle patterns, preferences, or regional influences. Use these insights to make your campaigns even more targeted and effective.

2. Use Data to Understand Intent and Behaviour: Not all Black Friday customers are created equal. Some came for a one-time deal, while others show potential for loyalty.

Analyse the data to:

3. Automate Personalised Follow-Ups: Data refineries enable hyper-targeted communication.

Use automation to activate new customers with:

4. Refine Offers Using Micro-Segmentation: Generic discounts won’t cut it.

Refine your promotional strategies using data insights:

5. Enhance Retention Through Post-Purchase Insights: The data doesn’t stop at the sale.

Black Friday provides a starting point to refine your customer experience:

6. Build Long-Term Loyalty with Data-Driven Engagement: Repeat customers are built on trust and value.

Use refined data to:

7. Measure Success and Iterate:Your data refinery should continuously evaluate and optimise efforts:

The Refinery Advantage

Your Black Friday haul isn’t just a sales spike—it’s an opportunity to build deeper customer relationships and top up your Brand Advocacy pipeline. By consolidating and enriching your data, you can gain new perspectives on your customer base, tailoring your strategies to meet their needs and expectations.

So, what now? If you’ve got to the end of this and are stuck because you don’t have the data tools you need to do this don’t worry – we can help there. The Data Refinery is a data engine that empowers teams to do all of the above – without needing any data engineering or data science experience. It’s all there and set up for you ready to help you explore and start activating your new customers.  

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CEO at The Data Refinery

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