Skip to content

Navigating the Peaks: Comprehensive Peak Trading Strategies

Black Friday Cyber Monday Best Practices From Shopline, Deposco and Patchworks

As the countdown to peak trading season begins, businesses are gearing up for the whirlwind of activity that accompanies Black Friday, Cyber Monday, the festive shopping frenzy, and returns season. In this dynamic landscape, SHOPLINE, Deposco, and Patchworks got together to bring you a beacon of best practices for efficiency and excellence. 

In this article, the 3 industry leaders offer an insider's perspective on what to expect from peak trading – from the front-end, the back-end platform, all bound together by strong integrations. Welcome to a peak trading experience like never before!

Shopline - Customisable Online Store

Black Friday and Cyber Monday (BFCM) are two of the biggest shopping days of the year, presenting a unique opportunity for businesses to thrive amidst fierce competition. 

  • Plan Ahead: Proactive planning is crucial for a successful BFCM campaign. Develop a comprehensive marketing strategy, manage inventory carefully, and optimise your website to handle the anticipated traffic surge.
  • Embrace Authenticity: While BFCM shoppers seek enticing deals, staying true to your brand's identity is paramount. Customers value authenticity and appreciate brands that stand out. According to Asendia’s “How to Sell Direct in the Age of the Conflicted Shopper 2023” Report, 73% of global shoppers said authenticity made them more loyal to brands.
  • Promote Your Campaigns: Effectively communicate your BFCM offerings through email marketing, social media, and targeted paid advertising. Utilise eye-catching visuals and clear messaging to capture attention and drive traffic to your online store.
  • Optimise Your Website: Ensure a seamless shopping experience by optimising your website for fast loading times and intuitive navigation. Prioritise mobile optimization, adopt a clear and consistent layout, and implement user-friendly features to facilitate product discovery.
  • Provide Exceptional Customer Service: Prepare for the influx of customer inquiries and support requests during BFCM. Staff your customer service team adequately, provide multiple support channels (live chat, email, phone), and respond promptly and efficiently to maintain customer satisfaction.

Deposco - Cloud Based Omni Channel Fulfilment Supply Chain Applications

Peak season makes or breaks a customer’s trust in your brand. Failure to keep your fulfilment systems up-to-date will be on display to all customers. When their shopping journey falls apart in your fulfilment centre, you won’t get a second chance.

“Growth-oriented businesses are prepared for peak season by having full inventory visibility at every stage - dock to stock, pick to ship and returns. You must be able to understand what’s going on to be prepared to react to whatever happens. The only way to manage that consistently is with great data and a solid platform. It allows you to invest against uncertainty and be prepared.”

Will Lovatt, Deposco general manager and vice president.

  • Labour is key. Keep workers happy. Recognise what hinders productivity and address it ASAP. If your workers are fighting their jobs, they may opt to get another. Day-to-day tasks can be improved with handheld barcode devices and reliable software that’s easy to use and actually works! By optimising and directing warehouse and store operatives to the most critical tasks, automated warehouse management technology enhances people-powered efficiency to reduce errors, boost productivity, and improve job satisfaction.
  • Mistakes happen. Efficient exception handling separates the leaders from the laggards. Exception handling is a core discipline of best-in-class warehouse management operations; make sure you’re doing it efficiently. Make it right with customers quickly.
  • Reduce errors and reduce returns. Head off inaccurate inventory with frequent cycle counting. Accuracy accommodates peak order volume and provides a continuous check on your facility’s position. Tracking available-to-promise limits overselling, inaccuracies on your web store, and misrouting orders.
  • Rely on reputable and experienced technology providers. Ask for proof of zero downtime.Understand how long it will take to get support when needed.Your customers can easily choose another retailer if they have just one bad ordering and fulfilment experience with you.

Patchworks - A Complete and Intelligent iPaaS

At the forefront of empowering e-commerce success is Patchworks, a leading iPaaS (Integration Platform as a Service) provider. Having processed over 24.2 million orders on Black Friday in 2022, Patchworks stands as a testament to reliability, scalability, and innovation in the dynamic landscape of e-commerce.

Stockr has made scaling our business so much easier. Patchworks have developed a must have product for any fast-growing ecommerce company. We highly recommend Patchworks

Jack Humphreys, Chief Operating Officer at Lounge Underwear

A Powerful Integration Platform:

Patchworks isn't just a platform; it's an ally in navigating the complexities of heightened shopping traffic. Tailored for businesses of all sizes, Patchworks' integration platform is purpose-built and stress-tested to ensure optimal performance during peak seasons. Whether you're a retailer, brand, tech partner, or agency, Patchworks has fine-tuned its technology to seamlessly integrate and automate your e-commerce operations, allowing you to focus on what matters most—delivering an exceptional customer experience.

Top Tips for Retailers, Brands, Tech & Agency Partners:

  • Early Optimization is Key: Begin optimising your online store early, ensuring that your website can handle increased traffic. Patchworks recommends conducting performance tests and addressing any bottlenecks well in advance.
  • Sync and Streamline Operations: Leverage Patchworks' integration prowess to sync your inventory, orders, and customer data across various platforms. Streamlining operations ensures accuracy, reduces manual efforts, and enhances overall efficiency.
  • Strategic Inventory Management: Effectively manage your inventory to avoid stockouts and overstocks. Patchworks enables real-time inventory updates, helping you make data-driven decisions and meet customer demands without a hitch.
  • Personalised Marketing Campaigns: Utilise Patchworks' data integration capabilities to create personalised marketing campaigns. Tailor your promotions based on customer preferences, purchase history, and behaviour, maximising the impact of your marketing efforts.

How Shopline, Deposco and Patchworks can help your Business

SHOPLINE

Picture this: SHOPLINE, the maestro of front-end experiences, ensuring that your customers have an unparalleled shopping journey. Deposco, the powerhouse of back-end operations, diligently managing orders and inventory with precision. And then, there's Patchworks, the unsung hero orchestrating seamless integrations, stitching together the intricate fabric that holds your e-commerce ecosystem in perfect harmony. 

SHOPLINE can help your business with all of these BFCM best practices. Here are a few specific examples:

  • Create a Visually Appealing and Easy-to-Navigate Online Store: SHOPLINE offers free customisable templates and intuitive design tools that make it easy to create a professional-looking online store – even if you don't have any experience with web design.

  • Gain Real-time Insights:SHOPLINE's advanced analytics tools and reports provide businesses with real-time insights into customer behaviour, sales trends, and product performance. This data can be used to identify popular products, identify inventory and stock trends, and tailor promotions to target your customers.
  • Send Personalised Messages at Scale: Harness SHOPLINE's marketing tools to reach your target customers with personalised messages that resonate with their unique needs and preferences. Segment your audience (whether they are new customers or returning), and craft tailored campaigns through email, social media, SMS, and automate repetitive tasks to maximise engagement and drive business growth.

  • Revolutionise Your Shopping Experience with Social Commerce Tools:Engage your audience through interactive live selling sessions, showcase your products directly on social posts, and empower customers to place orders instantly using fast keyword ordering. This seamless shopping experience fosters instant purchases, drives conversions, and revolutionises the way customers interact with your brand. Fast, Quick and Easy!
  • Provide Timely and Effective Customer Support: SHOPLINE's customer service tools include live chat, automated responses, and a knowledge base. Streamline communication by consolidating messages from various channels, including TikTok, Instagram, and email, into a single dashboard. This centralised approach provides a clear overview of all customer interactions, enabling you to respond promptly and effectively.

  • Go Global: SHOPLINE's multi-currency and multi-language support make it easier to cater to a global audience all within a single store. This allows businesses to expand their reach beyond local markets and tap into new customer segments, from the UK, US to Asia. 

By following these BFCM best practices and leveraging SHOPLINE's comprehensive suite of tools and features, businesses of all sizes can overcome the challenges of BFCM, deliver a seamless shopping experience to your customers, and maximise your sales and revenue.

Deposco

Lucky for Deposco customers, they have a partner to effortlessly stay ahead of seasonal fulfilment problems. In our recent peak season report comparing Deposco customers to other supply chain leaders, we found our customers are 9 times more confident that their current warehouse management system (WMS) will support profitable growth during peak season. 

The Deposco platform provides the visibility you need to manage orders and inventory.

While it’s essential during peak, our cloud-based WMS and distributed order management system (DOM) prevent inventory problems all year long delivering always-accurate, always-reliable information in real-time.  

“During peak season, reduced onboarding time resulted in a 40% increase in production, “reports Lifeguard Press. “Outside of peak season, employee efficiency increased by 60% as a result of converting to the Deposco system.” 

A modern WMS – with order management and DOM – shows exactly what’s available, everywhere, including multiple locations, physical stores, and trading partners. Customers who take advantage of process automation routinely see large reductions in order mistakes, manual tasks, labour costs, and technology onboarding time. All of this helps our customers smoothly sail through Black Friday, Cyber Monday, and every day.

Patchworks

Patchworks stands as more than just a robust integrator during peak trading seasons; it's a strategic partner that actively streamlines operations and facilitates the seamless adoption of cutting-edge technologies into your existing tech stack. In essence, Patchworks transcends the role of a conventional integration platform – it's an enabler of innovation and expansion.

One of Patchworks' standout features is its agility in embracing new technologies. As the technological landscape evolves, businesses are constantly seeking ways to stay ahead of the curve. Patchworks not only integrates seamlessly with your current systems but also serves as a launchpad for the swift adoption of emerging technologies. This means that as you explore and incorporate new tools into your tech arsenal, Patchworks ensures that the integration process is smooth, efficient, and does not disrupt your ongoing operations.

The true power of Patchworks shines when it comes to market expansion. With Patchworks in your toolkit, the process of venturing into new markets and geographies transforms from a cumbersome journey taking months to an expedited, efficient task accomplished within minutes. The seamless integration capabilities provided by Patchworks empower you to break down geographical barriers, allowing your business to establish a global presence with ease.

Moreover, Patchworks accelerates the typically time-consuming process of re-platforming. Whether you're migrating to a more advanced e-commerce platform or upgrading your existing systems, Patchworks ensures a rapid transition. This speed not only saves valuable time but also minimises disruptions to your day-to-day operations.

In essence, Patchworks isn't just a seasonal solution for peak trading; it's a year-round companion, propelling your business forward by offering continuous support for your integration needs. Elevate your trading experience, maintain operational efficiency, and embrace innovation seamlessly, all thanks to the unparalleled capabilities of Patchworks.

 

_________________________________________________________________________________________________________________________________________________________

About Patchworks

Patchworks is an integration platform for brands & retailers and e-commerce businesses, whilst also working with agencies and technology partners. It provides a powerful, user-friendly platform to connect the core business applications, such as the e-commerce platform, warehouse software, ERP, 3PL, or anything in between. It connects key eCommerce systems, such as storefronts like Shopify and BigCommerce, ERPs, CRMs, and fulfilment solutions, allowing retailers to simplify technology stack integration. Patchworks eliminates the need for manual data entry by automating the flow of data across the business, allowing it to scale without overwhelming the operations. Patchworks is trusted by retailers and brands such as; Gymshark, Huel, Belstaff, Trinny London, BareMinerals, Seraphine, Lyle & Scott and many more. You can find out more at www.wearepatchworks.com 

About Deposco

Deposco’s Bright Suite of omnichannel fulfilment supply chain applications enable fast-growing companies to rapidly scale their warehouse management and order management operations. Bright Suite helps Deposco customers see what inventory they’ve got, where it is, and where to position it to fulfil demand when It’s Grow Time™. It’s the only solution that provides this much actionable insight into both your supply chain and the broader marketplace. Deposco makes supply chain fulfilment simple, fast, and always forward. Learn more at www.deposco.com

About Shopline

With 500,000+ brands and over 2,000 employees worldwide, SHOPLINE is a leader in cross-border selling, payments, marketing, and logistics. Founded in Hong Kong in 2013, key investors to date have included San Francisco-based 500 Startups, Alibaba Hong Kong Entrepreneurs Fund, Singapore-based venture capital firm Golden Equator Capital and Hong Kong-based CDIB Capital. Learn more about SHOPLINE at uk.shopline.com

Read more blogs