Small Business Saturday

Small Business Saturday

Small Business Saturday is a retail event occurring the Saturday after Thanksgiving, designed to encourage holiday shoppers to support small and local businesses. For marketing campaigns, it presents a unique opportunity to leverage community-focused messaging and personalized customer engagement strategies, enhancing brand loyalty and driving sales. Sales events during this day often include special promotions, discounts, and collaborations with local influencers to amplify reach and impact.

History Overview

Small Business Saturday was introduced by American Express in 2010 as a way to support local businesses and boost holiday shopping. The event takes place on the Saturday after Thanksgiving, nestled between Black Friday and Cyber Monday. Its primary aim is to encourage consumers to shop at small, local businesses instead of large retailers.

The concept quickly gained traction, with the U.S. Senate unanimously passing a resolution in 2011 to officially recognize Small Business Saturday, highlighting its importance to local economies. Over the years, the event has evolved into a nationwide movement, with communities organizing special events and promotions to drive foot traffic to small businesses. The initiative has expanded beyond the United States, with the UK launching its own version in 2013.

Small Business Saturday has become an integral part of the holiday shopping season, emphasizing the significance of supporting small businesses, which are vital for job creation and local community development.

Origin

Small Business Saturday originated in the United States as a way to support local businesses during the holiday shopping season. The event was first launched by American Express on November 27, 2010, strategically nestled between Black Friday and Cyber Monday. At a time when many small businesses were struggling to recover from the effects of the Great Recession, American Express aimed to encourage consumers to shop local and support the small businesses that are integral to communities.

The initiative quickly gained traction, thanks in part to social media and a strong push from local chambers of commerce and small business advocates. By 2011, the U.S. Senate officially recognized Small Business Saturday, further cementing its role in promoting small businesses. The day has since evolved into a nationwide movement, with various organizations and local governments participating to drive awareness and consumer engagement with local enterprises.

Cultural Significance

Small Business Saturday, taking place on the Saturday after Thanksgiving in the United States, holds significant cultural importance as it highlights the vital role small businesses play in local communities and the economy. Established by American Express in 2010 during the aftermath of the Great Recession, the event was designed to encourage consumers to support small, independently-owned businesses during the busy holiday shopping season.

Culturally, Small Business Saturday symbolizes a shift towards community-oriented shopping habits, promoting the idea of supporting local entrepreneurs who often serve as the backbone of neighborhoods. Unlike the major retail focus of Black Friday or Cyber Monday, this event encourages people to think locally, fostering a sense of community pride and connection. It is a reminder of the unique offerings and personalized customer service that small businesses can provide, differentiating them from larger chain stores.

The initiative has grown into a nationwide movement, with local governments, chambers of commerce, and business associations often organizing events and promotions to drive traffic to small businesses. This grassroots effort brings communities together, emphasizing the importance of local support for economic growth and sustainability. Additionally, Small Business Saturday has inspired similar movements in other countries, highlighting its global cultural impact on promoting small business advocacy and community-based economic practices.

Customs

Small Business Saturday, celebrated on the Saturday after Thanksgiving in the United States, is a day dedicated to supporting small, local businesses. Established by American Express in 2010, this event has its own set of customs and traditions that have evolved over the years.

  1. Shopping Locally: The core tradition of Small Business Saturday is to encourage consumers to shop at small, independently-owned businesses. This includes visiting local boutiques, family-owned restaurants, and neighborhood shops.

  2. Community Events: Many communities host special events or markets to celebrate the day. These can include local fairs, pop-up shops, or street festivals that bring together local vendors and shoppers.

  3. Promotional Offers: Small businesses often provide special discounts, deals, or promotions to attract customers. These might include exclusive products, limited-time offers, or bundled deals that are only available on Small Business Saturday.

  4. Social Media Campaigns: Businesses and consumers alike participate in social media campaigns using hashtags like #ShopSmall and #SmallBusinessSaturday to share their experiences and promote the importance of supporting local businesses.

  5. Collaborations and Partnerships: Small businesses sometimes collaborate with each other to offer joint promotions or host events, enhancing the sense of community and mutual support.

  6. Storytelling and Personal Connections: Business owners often share personal stories about their journey, their products, or their impact on the community, fostering a deeper connection with customers.

  7. Community Support Initiatives: Some businesses take the opportunity to give back to their community by donating a portion of sales to local charities or organizing volunteer activities.

These traditions not only boost sales for small businesses but also strengthen community ties and encourage sustainable shopping habits.

Why It's Important for Marketing

Small Business Saturday is a vital component of marketing campaigns, particularly for local and independent businesses, because it amplifies community engagement and boosts local economies. Originating as a counterpart to Black Friday and Cyber Monday, this event encourages consumers to shop small and support local enterprises. Here are a few reasons why it’s important:

  1. Increased Visibility: Small Business Saturday brings significant attention to local businesses that might otherwise be overshadowed by larger retailers. Marketing campaigns can leverage this spotlight to introduce new customers to their products or services.

  2. Community Building: By participating in Small Business Saturday, businesses can strengthen their ties with the community. Campaigns can focus on building relationships and loyalty, fostering a sense of belonging among customers.

  3. Unique Value Proposition: Small businesses often offer unique products and personalized services that big-box stores cannot. Marketing campaigns can highlight these differentiators to attract customers looking for distinct shopping experiences.

  4. Collaboration Opportunities: The day provides a platform for local businesses to collaborate on joint promotions or events, amplifying marketing efforts and reaching a broader audience.

  5. Boost in Sales: The concentrated focus on small businesses during this period can lead to a significant spike in sales, providing a financial boost as the holiday shopping season kicks off.

  6. Social Media Engagement: With a strong presence on platforms like Instagram and Facebook, Small Business Saturday encourages businesses to create engaging content, using hashtags such as #ShopSmall, to reach potential customers and increase brand awareness.

  7. Long-term Benefits: By capitalizing on the increased foot traffic and attention during Small Business Saturday, businesses can capture customer data and feedback for future marketing efforts, helping to sustain growth beyond the event itself.

Integrating these elements into a marketing campaign can enhance a small business’s impact during this important shopping day and set the stage for ongoing success.

Target Demographics

The target audience for ‘Small Business Saturday’ marketing campaigns primarily includes:

  1. Local Consumers: These individuals are keen on supporting their local economy and community. They often value personalized service and unique products that small businesses offer.

  2. Community-Minded Shoppers: This group values social responsibility and sustainability. They are motivated by the impact their spending has on their community and the environment.

  3. Middle to Upper-Income Brackets: While small businesses appeal to all income levels, those with disposable income are more likely to spend on unique or artisanal products.

  4. Age Range: Typically, the target age group spans from Millennials to Gen Xers (approximately 25 to 54 years old). Millennials are particularly drawn to the uniqueness and authenticity of small businesses, while Gen Xers often seek quality and are more established financially.

  5. Tech-Savvy Individuals: Many small business patrons are comfortable using technology to discover and engage with local brands, whether through social media or online shopping platforms.

  6. Urban and Suburban Residents: These consumers often have more access to a diverse range of small businesses and are accustomed to frequent shopping outings within their communities.

  7. Conscientious Consumers: They are informed and intentional about their purchasing decisions, often prioritizing local businesses over large chains to ensure their money supports small business growth.

Understanding these demographic characteristics helps tailor marketing strategies that resonate with the values and preferences of the target audience, ultimately driving participation in ‘Small Business Saturday’.

Psychographic Considerations

For ‘Small Business Saturday’ marketing campaigns, the key psychographic characteristics of the target audience often include:

  1. Community-Oriented Values: This audience places a high value on community engagement and supporting local businesses. They enjoy feeling connected to their local area and take pride in contributing to its economic vitality.

  2. Conscientious Consumerism: These consumers are mindful about where they spend their money and often choose to support businesses that align with their personal values, such as sustainability, ethical practices, and local entrepreneurship.

  3. Desire for Unique and Personalized Experiences: This group appreciates the unique, personalized shopping experiences often offered by small businesses. They are drawn to distinctive products and services that stand apart from mainstream offerings.

  4. Advocacy for Entrepreneurship: They support the entrepreneurial spirit and often have a keen interest in the stories behind small businesses. This audience is likely to champion the concept of small businesses as essential to innovation and diversity in the marketplace.

  5. Social Influence and Word-of-Mouth Enthusiasm: They are active in sharing positive experiences with friends and family, both offline and on social media platforms. Their recommendations can significantly influence others in their network to support small businesses.

  6. Preference for Quality over Quantity: This group often prioritizes quality and craftsmanship over mass-produced goods. They appreciate the attention to detail and the superior customer service that small businesses can offer.

Understanding these psychographic characteristics helps marketers tailor ‘Small Business Saturday’ campaigns to resonate more deeply with the target audience, fostering a sense of belonging and shared purpose.

Brand Alignment

Aligning your brand with ‘Small Business Saturday’ offers a great opportunity to support local businesses and engage with your community. Here are some strategic ways to do this:

  1. Collaborate with Local Businesses: Partner with small businesses in your area to create joint promotions or events. This could involve co-hosting a pop-up shop or offering bundled products or services.

  2. Social Media Campaigns: Use your social media platforms to shine a spotlight on small businesses. Share stories, testimonials, and highlights of local entrepreneurs, using hashtags like #SmallBusinessSaturday to increase visibility.

  3. In-Store Events and Promotions: If you have a physical location, host an event or offer exclusive deals for customers who shop on Small Business Saturday. Consider inviting local artisans or small business owners to showcase their products in your store.

  4. Gift Guides and Recommendations: Create gift guides featuring products from local small businesses. Share these guides through newsletters, blogs, or social media to encourage your audience to shop small.

  5. Supportive Messaging: Update your marketing materials with messaging that supports the ethos of Small Business Saturday. This can include email campaigns that highlight the importance of supporting local economies.

  6. Community Involvement: Participate in or sponsor local events that coincide with Small Business Saturday. This might include street fairs, markets, or community gatherings designed to promote local shopping.

  7. Customer Incentives: Offer incentives for customers who shop at small businesses, such as discounts or loyalty points. Encourage them to visit these businesses by providing maps or lists of participating locations.

  8. Employee Engagement: Encourage employees to participate by shopping at small businesses and sharing their experiences. This not only supports the cause but also personalizes your brand’s involvement.

By implementing these strategies, brands can authentically engage with Small Business Saturday, strengthening community ties and enhancing brand loyalty.

Timing Considerations

Small Business Saturday is observed on the Saturday after Thanksgiving in the United States, which means it usually falls at the end of November. Given the timing, marketers should start planning their campaigns several months in advance to ensure a successful execution.

  1. Strategy and Planning (August - September): Begin by defining your campaign goals, target audience, and key messages. Collaborate with small business partners to understand their needs and how you can support them. This is also the time to plan your budget and timeline.

  2. Development and Coordination (September - October): Develop creative assets, such as graphics, videos, and copy for social media, email, and other channels. Coordinate with partners and stakeholders to ensure alignment. Set up tracking and analytics to measure campaign performance.

  3. Pre-Launch and Teaser Phase (Early November): Start generating buzz by teasing your campaign through social media, email newsletters, and other channels. Consider offering early promotions or sneak peeks to engage your audience.

  4. Campaign Launch (Mid to Late November): Roll out your main campaign activities a week or two before Small Business Saturday. This includes ramping up social media activity, launching email campaigns, and engaging with your audience through various platforms.

  5. Event Day Execution (Small Business Saturday): On the day itself, maximize engagement by interacting live with your audience. Use live social media updates, special offers, and in-store events if applicable.

  6. Post-Event Analysis and Follow-Up (Early December): After the event, analyze the results of your campaign to assess performance and gather insights. Follow up with your audience to thank them and keep the momentum going with post-event offers or messages.

By starting the planning process in late summer, marketers can ensure a comprehensive and effective campaign that supports small businesses and engages their target audience effectively.

Marketing Channels

  1. Social Media: Platforms like Facebook, Instagram, and Twitter are ideal for promoting ‘Small Business Saturday’ campaigns. They offer a space to engage directly with local communities, share compelling stories of small business owners, and create buzz through hashtags like #SmallBusinessSaturday. Visual content and local influencer partnerships can amplify reach and engagement.

  2. Email Marketing: Crafting targeted email campaigns can effectively reach existing customers with personalized messages. Highlight special promotions or events planned for ‘Small Business Saturday’. Include clear calls-to-action and reminders to visit local stores, enhancing customer loyalty and driving foot traffic.

  3. Local SEO and Google My Business: Optimizing local SEO ensures that small businesses appear in local search results when potential customers are looking for nearby places to shop. Updating Google My Business profiles with special hours, promotions, and events for ‘Small Business Saturday’ can increase visibility and attract local customers.

  4. Community Partnerships and Events: Collaborating with local chambers of commerce, neighborhood associations, or other community organizations can help promote ‘Small Business Saturday’ through events, markets, or fairs. These partnerships can provide broader reach and enhance credibility within the local community.

  5. Paid Search and Display Advertising: Utilizing paid search ads and display advertising can target local audiences with specific interests in supporting small businesses. These ads can be tailored to highlight special offers, events, and unique products available during ‘Small Business Saturday’, effectively capturing the attention of potential customers who are actively seeking shopping opportunities.

Purchase Behavior

Small Business Saturday, celebrated the Saturday after Thanksgiving in the U.S., encourages consumers to support local businesses. Here are some typical consumer behaviors and purchase types associated with the event:

  1. Local Shopping: Consumers focus on purchasing from local, independently-owned stores rather than large chains or online giants. This includes visiting neighborhood boutiques, gift shops, and specialty stores.

  2. Gift Buying: With the holiday season in full swing, many shoppers use this opportunity to buy unique, handcrafted gifts that aren’t available in big-box stores.

  3. Dining Locally: Patrons often choose to eat at local restaurants, cafes, and bakeries, supporting local food service businesses.

  4. Personalized and Custom Goods: Small businesses often offer personalized or custom products, appealing to consumers looking for unique, tailor-made items.

  5. Engagement with Community Events: Many small businesses host special events, promotions, or collaborations with other local businesses, drawing consumers to participate in community activities.

  6. Social Media Engagement: Consumers frequently share their Small Business Saturday experiences on social media, showcasing their purchases and supporting local brands online.

  7. Support for Local Services: Beyond retail, consumers might book services from local providers, including salons, fitness studios, and repair services, contributing to the broader local economy.

  8. Increased Awareness of Local Brands: Shoppers often discover new local brands or products they were previously unaware of, which can lead to repeat business beyond the event itself.

These behaviors collectively boost the visibility and sales of small businesses, reinforcing the importance of local commerce.

Real-World Examples

Small Business Saturday, an initiative launched by American Express in 2010, has seen numerous successful marketing campaigns that have effectively promoted small businesses. Here are a few noteworthy examples:

  1. American Express Shop Small Campaign: American Express has consistently led the charge with their “Shop Small” campaign, providing small business owners with customizable marketing materials, social media posts, and email templates. They also offer cardmember incentives, like double points or extra rewards for shopping at small businesses, which encourages consumer participation.

  2. Etsy’s Local Marketplaces: Etsy, known for its community of small business sellers, has leveraged Small Business Saturday by promoting local marketplaces. They encourage their sellers to host pop-up shops or participate in local events, providing them with marketing support and visibility on the Etsy platform.

  3. Square’s Small Business Saturday Toolkit: Square, a payment solutions company, created a toolkit to help small businesses maximize their impact during the event. This toolkit includes tips for social media promotion, ideas for in-store events, and signage that businesses can use to attract customers.

  4. Facebook’s Local Business Boost: Facebook has supported Small Business Saturday by offering workshops and training sessions for small business owners to enhance their digital marketing skills. They provide resources on how to effectively use Facebook and Instagram for business promotions, which helps increase visibility and customer engagement.

  5. Google’s Small Thanks Campaign: Google launched its “Small Thanks” campaign to help small businesses boost their online presence. The campaign encourages businesses to leverage positive customer reviews by creating free, customized promotional materials that can be shared on social media and in-store.

  6. Main Street America’s Promotional Events: Main Street America, an organization focused on revitalizing historic commercial districts, collaborates with small businesses to create community events on Small Business Saturday. These events often include local shopping passports, scavenger hunts, and special promotions to drive foot traffic.

These examples demonstrate how businesses and organizations can creatively leverage the spirit of Small Business Saturday to foster community support, enhance brand visibility, and drive sales.

Hypothetical Examples

Sure, here are some imaginative marketing campaign ideas tailored for ‘Small Business Saturday’:

  1. Local Love Treasure Hunt: Organize a community-wide scavenger hunt where participants visit participating small businesses to collect stamps or tokens. Those who complete the hunt could win a grand prize featuring products or services from each business. This campaign can be supported with a dedicated hashtag, like #LocalLoveHunt, encouraging social sharing and engagement.

  2. Shop Small Passport: Create a “Shop Small Passport” that customers can get stamped at each local business they visit. After collecting a certain number of stamps, they can enter a raffle for a special prize or receive discounts on future purchases. Promote this initiative through social media and local influencers to drive foot traffic.

  3. Story Behind the Store: Develop a video series or blog posts that showcase the unique stories of different small business owners in the community. Highlight their passion, challenges, and successes. Share these stories leading up to Small Business Saturday to build emotional connections and encourage community support.

  4. Collaborative Pop-Up Market: Host a pop-up market where several small businesses come together under one roof. This could be a physical venue or a virtual marketplace. Promote the event through local media and online platforms, offering special deals or bundles exclusive to the pop-up.

  5. Exclusive One-Day Offers: Encourage small businesses to offer special promotions or limited-edition products available only on Small Business Saturday. Tease these offers in advance through email marketing and social media campaigns, creating anticipation and urgency.

  6. Support Local Influencer Partnerships: Partner with local influencers who are passionate about supporting small businesses. Have them create content highlighting their favorite local shops and products, offering their followers exclusive discount codes or incentives for visiting these businesses on Small Business Saturday.

  7. #ShopSmallChallenge: Create a social media challenge encouraging people to shop at a minimum of three small businesses on Small Business Saturday. Participants can share photos or stories with the hashtag #ShopSmallChallenge, with a chance to win a gift card or prize pack from participating businesses.

  8. Community Appreciation Event: Host an event to kick off Small Business Saturday, such as a breakfast or coffee meetup for local shoppers. Include a panel discussion with small business owners sharing insights and tips. This fosters community spirit and provides networking opportunities.

  9. Small Business Saturday Starter Kit: Provide participating businesses with a marketing toolkit that includes social media graphics, printable posters, and email templates to promote the event. This ensures consistent messaging and helps businesses maximize their reach.

  10. Virtual Shopping Experience: For businesses with an online presence, organize a virtual shopping event featuring live streams or video tours of stores. Offer exclusive online deals and free shipping to cater to those who prefer shopping from home.

These campaigns can be customized to fit the unique character and needs of each community while highlighting the value and charm of supporting small businesses.

Countries That Celebrate

Small Business Saturday is primarily observed in the United States and the United Kingdom. In the United States, it takes place on the Saturday after Thanksgiving, serving as a counterpart to Black Friday and encouraging consumers to support local small businesses. The United Kingdom adopted the event in 2013, and it is similarly celebrated to promote shopping at small, independent businesses. While other countries have not officially adopted Small Business Saturday as a widespread event, the concept of supporting small businesses is gaining popularity in various regions around the world.

Countries That Don't Celebrate

Small Business Saturday is primarily a retail event observed in the United States and the United Kingdom. It was created to encourage holiday shoppers to patronize small, local businesses. Outside these two countries, the event is not widely recognized.

Countries that typically do not celebrate or observe Small Business Saturday include:

  1. Canada: While Canadians support small businesses, they don’t have a specific day like Small Business Saturday.
  2. Australia: There isn’t a widespread observance of this event, although the concept of supporting local businesses is promoted through other initiatives.
  3. Germany: Small Business Saturday is not a recognized event, although local shopping days and markets are popular.
  4. France: The focus is more on other retail events, and Small Business Saturday isn’t a known observance.
  5. Japan: The day isn’t celebrated, though Japan has its own culture of supporting local markets and businesses.
  6. China: With a focus on events like Singles’ Day, Small Business Saturday isn’t part of the retail calendar.
  7. India: The event isn’t observed, with more emphasis on festivals and local market days.
  8. Brazil: No specific observance, although small businesses play a crucial role in the economy.

While the concept of supporting small businesses is universal, the specific event of Small Business Saturday has not gained traction outside the U.S. and the U.K.

Quick Facts

Popularity

Sales Impact

Categories

  • Appreciation
  • Cause
  • Shopping
  • Special Interest

Tags

  • American
  • Appreciation
  • Cultural Holidays
  • Financial
  • Lifestyle
  • Shopping

Hashtags

#SmallBusinessSaturday, #ShopSmall, #SupportLocal, #SmallBiz, #SmallBusiness

Recurring Event

No

Recurrence Pattern

Annually

Event Type

Sales Events

Sectors

  • Retail
  • Hospitality and Leisure
  • Arts and Entertainment
  • Food and Beverage

Business Types

  • Beauty and Spa Services
  • Cafes and Coffee Shops
  • Cleaning Services
  • E-commerce Stores
  • Fitness Instructors and Personal Trainers
  • Food Products
  • Gyms
  • Hairdressers
  • Health and Wellness Clinics
  • Pet Services
  • Restaurants

Target Audiences

  • Millennials
  • Gen X
  • Middle-Income Earners
  • Small Business Owners
  • Entrepreneurs
  • Urban Dwellers
  • Suburban Residents
  • Women