#161 How to Decide if Your Business Really Needs a Black Friday Sale

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CHATS with GiGi

GiGi Diaz

161 episodes

1 week ago

CHATSwithGiGi is a casual (sometimes heated) conversation between journalist GiGi Diaz and her guests; covering everything from entertainment to political, to social topics and more. New episodes each Thursday.

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#161 How to Decide if Your Business Really Needs a Black Friday Sale

CHATS with GiGi

18 minutes

1 week ago

#161 How to Decide if Your Business Really Needs a Black Friday Sale

In this episode of Chats with GiGi, business coach GiGi Diaz explores whether a Black Friday sale is beneficial for your brand and gives you the questions to ask yourself to determine if it's the right move for your business. GiGi emphasizes the importance of aligned sales over sheer volume and suggests valuable alternatives to deep discounts.

Tune in for insightful questions, practical advice, and learn how to make a decision that's best for your brand's integrity and profitability.

00:00 Introduction to Black Friday Sales
01:12 Welcome to Chats with GiGi
03:02 Analyzing Black Friday Sales Data
04:38 Self-Audit: Is a Black Friday Sale Right for Your Business?
05:27 Understanding Profit Margins and Customer Quality
08:49 Brand Alignment and Capacity Considerations
11:57 Alternatives to Black Friday Sales
14:34 Final Thoughts and Encouragement
17:19 Conclusion

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