The Wooden Bed Company, renowned for its handcrafted wooden beds and commitment to sustainability, faced the challenge of competing during the highly competitive Black Friday period. To maintain profitability while offering discounts, they partnered with Growth Agency...
The Black Friday sales period presented significant obstacles for The Wooden Bed Company. With intense competition from larger retailers and heightened price sensitivity from customers expecting deep discounts, the pressure to stand out while preserving margins was critical.
In addition to these factors, rising advertising costs and increased competition in the digital ad space meant the company needed a smart, efficient ad strategy that would help them remain profitable without overspending. To combat ad fatigue and boost conversions, Growth needed to find a balance between attractive offers and strategic ad placements.
Growth implemented a multi-layered strategy designed to maximise sales, increase visibility, and optimise profitability throughout the Black Friday period:
To make the most of the advertising budget, we began by categorising products based on their profit margins. By allocating more resources to higher-margin items, we ensured that the company's best-performing and most profitable products received maximum exposure.
As the campaign progressed and performance data began to accumulate, we continually refined our strategy. By creating individual campaigns for the best-performing products, we were able to tailor our approach to what was generating the most returns. This flexible, data-driven method allowed us to optimise budget allocation for each product group, ensuring no ad spend was wasted.
To further increase sales potential, we employed display and remarketing ads specifically designed to target new customers and those who had previously visited the site. These efforts were supported by the use of promotion extensions, which highlighted key Black Friday deals, and optimised ad copy that helped The Wooden Bed Company stand out from its competitors. By refining ad messaging and increasing exposure, we enhanced online visibility during the high-traffic period.
The success of this data-driven, phased strategy was reflected in a significant boost in performance metrics for The Wooden Bed Company:
The substantial increase in revenue and conversions during the Black Friday period inspired The Wooden Bed Company to expand its product range, confident in the return on investment generated by these marketing efforts. The success of the campaign demonstrated the power of targeted, data-driven advertising, even in highly competitive environments.
"Growth have been instrumental in understanding the core of our business and aligning their strategies with our goals. They're more than just a service provider - they've become an essential part of our team. Their expertise consistently delivers strong results, but what really stands out is their openness to new ideas and helping us take those ideas forward. We've enjoyed a great partnership over the years, and look forward to continuing to grow together."– Harvey Mason, Director at EnergySmart
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