Black Friday, known for its massive discounts and frenzied consumer activity, is a day millions of South African shoppers look forward to every year. But with so many options available to shoppers, have you ever wondered how consumers choose one business over the other? The answer: social proof.
Social proof is when people look to the actions and opinions of others when making decisions. It shapes consumers' choices and preferences and ultimately drives business sales.
Let's look at how you can generate social proof to get the edge over your competitors and boost your bottom line this November.
There are a few common forms of social proof that influence shoppers' buying habits during the Black Friday season.
Online reviews are among the most common forms of social proof consumers look for during Black Friday. Many consumers rely on the experiences and opinions of others who have purchased the same product to make informed decisions. And the more reviews, the better.
Significantly, 98% of consumers read online reviews for local businesses, while two-thirds of potential buyers say that positive reviews are a key factor when deciding to buy a product. To assess product quality, reliability, and overall satisfaction, shoppers often turn to trusted review platforms like Hellopeter.
Influencer marketing has become a popular tool for larger businesses to boost sales during Black Friday. Brands will often collaborate with influencers with a significant following whom they share a target audience with.
This generates a unique but powerful form of social proof as influencers effectively bridge the gap between consumers and brands.
People sharing their Black Friday shopping experiences, hauls, and deals often create a sense of FOMO (Fear of Missing Out), prompting others to join the shopping frenzy.
Moreover, when businesses display positive feedback and experiences online, it can have the same effect, increasing online conversion rates by up to 270%.
Finally, here's a few tips on how you can effectively generate social proof for your business ahead of Black Friday.
As a business, you must actively prompt customers to leave reviews and ratings for their products and services before and after Black Friday. Offering incentives, such as discounts or exclusive access to deals, can help motivate your customers to share their opinions.
With Hellopeter, you can send automated review invites via email, WhatsApp or SMS after a customer transaction to ask for their feedback. This feature allows businesses to benefit from a consistent flow of reviews published online without having to manually reach out each time. Or, if you're a brick-and-mortar business, you can print a QR code in visible places in your store, asking them to review the experience.
Feature positive customer testimonials and ratings in marketing materials, product pages, and social media channels to help generate trust and credibility.
Hellopeter has made it easy to publish reviews on your website with its wide range of customisable widgets and badges.
Influencer partnerships can be particularly effective during Black Friday promotions. Carefully select influencers who resonate with your target audience and align with your brand values. Their endorsement can significantly impact consumer trust and purchasing decisions.
Emphasise the popularity of products by showcasing how many units have been sold or how many customers have purchased them.
Phrases like "Bestseller" or "Limited Stock" create a sense of urgency and scarcity, further encouraging consumers to make a purchase.
Social proof will be pivotal in influencing consumer behaviour this Black Friday. By actively working to build trust and credibility through social proof, your business can get ahead of competitors and maximise Black Friday sales this November.
Furthermore, when you sign up for selected Hellopeter Business Plans, you can enjoy savings of up to 30% along with free credits starting at a value of R12,000.
Grab the deal today and give your business the edge this Black Friday. T&Cs apply.