What is BFCM? A Complete Guide for Small Businesses

Aug 30, 2024 · Global Influence of BFCM. While BFCM started in the United States, it has become a global event. Retailers in many countries now participate in BFCM, offering …

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What Is BFCM: How To Optimize Your Online Store (+ Checklist)

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As mentioned, only 6% of consumers intend to shop exclusively in stores during BFCM 2022, according to a survey by Statista. However, the average BFCM cart abandonment rate …

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FAQs about What is BFCM? A Complete Guide for Small Businesses Coupon?

Why is BFCM important for small businesses?

BFCM isn't just a holiday sales spike; it's a chance for small businesses to reach new customers, clear out old inventory and make a lasting impression. According to a recent survey, small, local businesses made up 58% of holiday purchases, a significant portion compared to large chain retailers during BFCM in 2023. ...

What is BFCM ecommerce?

1. What is the BFCM Meaning? BFCM stands for Black Friday Cyber Monday, a major shopping event from the Friday after Thanksgiving through the following Monday. For eCommerce businesses, BFCM represents the most crucial period for driving significant sales and reaching new customers. ...

How can small businesses thrive during BFCM?

Whether you’re monitoring competitor prices, optimizing stock levels or personalizing offers, the key is to stay agile and responsive. With the right approach, even the smallest businesses can thrive during BFCM, turning the chaos into an opportunity for growth. ...

Should small businesses support local & niche brands during BFCM 2023?

According to a recent survey, small, local businesses made up 58% of holiday purchases, a significant portion compared to large chain retailers during BFCM in 2023. The appetite for supporting local and niche brands is growing, and small businesses can take advantage of this trend. ...

What is BFCM & BCFM?

Put simply, BCFM stands for ‘Black Friday Cyber Monday' and refers to the four-day weekend over Thanksgiving that sees some of the biggest revenue earnings of the year. BFCM includes two major shopping days: Black Friday and Cyber Monday, as well as the weekend in between where sales remain high. ...

Does BFCM increase online sales?

The trend of increasing online sales during BFCM is clear: In 2023, Cyber Monday sales hit $12.4 billion, making it the biggest U.S. online shopping day ever. The 2023 total BFCM period saw a 7.8% year-over-year increase in online sales, reaching $38 billion. ...