google.com, pub-6126903561040604, DIRECT, f08c47fec0942fa0
top of page

5 Holiday Pitfalls That Could Gobble Up Your Small Business Profits—And How to Avoid Them

Writer: Kate MayeskiKate Mayeski

Updated: Nov 27, 2024

Ah, Thanksgiving week—a time for gratitude, feasts, and… chaos, especially for small business owners. Between Black Friday and Cyber Monday, it's easy to feel overwhelmed. But fear not—this guide will help you dodge five major pitfalls and turn the holiday hustle into holiday success.

At Maverick May Solutions, we're here to help business owners like you navigate this season with a well-worn compass.


1. How Overestimating Thanksgiving Demand Hurts Small Businesses

Stocking up on excess inventory or overstaffing may seem like a good idea, but it often leads to waste and unnecessary costs. Just like the friend who brings Costco mashed potatoes to Friendsgiving—plan smarter, not harder.

The Fix:

  • Use last year's sales data to forecast DEMAND.

  • Offer pre-orders or reservations for popular products to manage inventory.

  • Use limited-time offers to avoid unsold goods, AND partner with your VENDORS to negotiate rebates on dusty inventory.

    man studying data to forecast

💡 Pro Tip: Let Maverick May Solutions analyze your sales trends and fine-tune your inventory strategy to avoid costly missteps.

2. Avoiding Thanksgiving Marketing Mistakes as a Small Business

Skipping Thanksgiving week marketing is like forgetting to brine your prized $300 free-range,antibiotic-free,dino-size-bird. You can have the BEST PRODUCT, but if you don't season it right, how can you expect anyone to fight over that last turkey leg? This is a golden opportunity to engage customers and boost visibility.

The Fix:

  • Share the story of your business in an authentic, Thanksgiving-themed way.

  • Send engaging email newsletters with subject lines like "Feast on Our Black Friday Specials!"

  • Partner with other small businesses to cross-promote offers.

💡 Pro Tip: Looking for inspiration? Try using free AI tools such as ChatGPT to generate ideas for social media posts - remember to incorporate keywords!

3. Thanksgiving Gratitude Strategies for Small Businesses

Gratitude isn't just for your Thanksgiving table—it's also a powerful business tool. Ignoring customer and employee appreciation during this season is a missed opportunity to build loyalty.

The Fix:

  • Collaborate with VENDORS and community PARTNERS to provide appreciation gifts to customers.

  • Ask a local restaurant to SPONSOR an employee lunch.

  • Host a mini customer appreciation event with treats and discounts.

    customer buying from small business owner


💡 Pro Tip: At Maverick May Solutions, we help you create personalized, LOW-COST engagement strategies that boost visibility and profits and, MOST IMPORTANTLY, keep your team and customers coming back for more.

4. How to Avoid Holiday Burnout as a Small Business Owner

The holiday season is a marathon, not a sprint. Pushing yourself and your team too hard can lead to burnout—don't let exhaustion carve into your success.

business owner relaxing

The Fix:

  • Set precise operating hours and stick to them. Also, remember to COMMUNICATE holiday hours on all social channels.

  • Delegate, automate and streamline responsibilities to your team or hire seasonal help. (Don't forget to work ON your business instead of just IN it.)

  • Block out time to rest and recover before your BUSIEST sales days.

💡 Pro Tip: Maverick May Solutions can streamline your operations, helping you save time and energy during the busiest weeks of the year.

5. Black Friday, Cyber Monday, and Small Business Saturday Social Media Strategies

Thanksgiving weekend is a marathon of shopping events, and each day has its unique opportunities. Focusing solely on Black Friday is like skipping Thanksgiving leftovers—they would've been fantastic! This is the time to harness specific strategies for each event. Businesses focusing only on Black Friday miss out on a massive online surge and the opportunity to capitalize on the #SHOPLOCAL movement.

The Fix:

  • Optimize your website with SIMPLE navigation. DO NOT annoy your customers with pop-ups and banner ads.

  • Offer limited-time, online-only deals with countdown timers to drive urgency and boost conversions.

  • Share why supporting small businesses matters using hashtags like #ShopLocal and #SmallBizLove.

  • Use COUNTDOWN timers and flash sales to create urgency.

💡 Pro Tip: Ready to boost your profits this weekend? Contact Maverick May Solutions for customized strategies tailored to your small business.

How to Navigate Thanksgiving Week Like a Pro

Thanksgiving week can be overwhelming, but with the right strategies, it's an incredible opportunity to grow your business. Whether you're struggling with demand planning, marketing, or holiday burnout, Maverick May Solutions is here to help.




thanksgiving table and cheers


Turn this Thanksgiving week into a feast of success with Maverick May Solutions. We'll help you inspire new possibilities—and leave the chaos behind.


Comentários


  • LinkedIn
  • Pinterest
  • Instagram
  • TikTok
  • Facebook
  • X

© 2024 by Maverick May Solutions. Powered and secured by Wix

bottom of page