Loading...

Winning the 2024 holiday season: Lessons from Black Friday 2023

Published: July 16, 2024 by Experian Marketing Services

At A Glance

Black Friday 2023 revealed that consumers didn’t stop spending, they shopped more selectively. They bought earlier, prioritized mobile, and valued convenience and flexibility. For 2024, marketers should prepare sooner, unify data across channels, and focus on personalized, omnichannel experiences powered by Experian’s identity and audience solutions.

Holiday 2024 campaign planning is already underway, and the competition for attention will be fierce. Before budgets are finalized and promotions launch, it’s worth taking a data-led look at trends from Black Friday 2023, and what that means for your 2024 strategy.

Experian’s data shows that although shoppers remained cost-conscious, they didn’t stop spending. They simply changed how they spent—shopping earlier, mixing online and in-store purchases, and prioritizing value and convenience. For marketers, these behaviors highlight the importance of connected, data-driven experiences built on trusted identity and insight.

2025 Holiday spending trends and insights report

Download our latest report, in collaboration with GroundTruth, for data-driven insights you can use to refine your messaging and reach the right audience in their preferred channels this holiday season.

What 2023 taught us about holiday spending

Consumer spending slowed but didn’t stop. Inflation and cautious budgets reshaped buying habits, yet U.S. shoppers spent a record $9.8 billion online, a 7.5% increase year-over-year. In-store visits grew 4.6%, proving omnichannel engagement is now standard. Shopify also reported $4.1 billion in global sales across apparel, beauty, and home goods, with 75% of purchases on mobile.

Key takeaway for 2024
Consumers didn’t stop spending, they became more deliberate. Marketers must meet value-conscious shoppers with connected, data-driven experiences across every channel.

When consumers shopped in 2023

Shoppers didn’t wait for Black Friday weekend. Experian’s 2023 Holiday spending trends and insights report found that early deal-seeking peaked in October, as shoppers responded to pre–Black Friday promotions. Cyber Week (Black Friday through Cyber Monday) still played a major role, representing 8% of total holiday spending.

Key takeaway for 2024
Start promotions earlier and align creative, audience targeting, and measurement strategies by mid-summer to capture early intent.

View our 2025 Holiday spending trends and insights here.

Behavioral spending trends to expect in 2024

Marketers can expect several 2023 Black Friday trends to continue through the 2024 holiday season:

Online and mobile will dominate

Online spending continues to outpace in-store, and mobile is leading the charge. In 2023, 54% of all online Black Friday sales occurred on mobile, up 10% year-over-year. Optimizing mobile UX, digital wallets, and push notifications will be critical to keep brands visible at the point of decision.

Consumers will shop earlier

Gallup found that one in four consumers now starts holiday buying by September. Marketers need to push planning and production cycles forward and launch early-bird incentives across digital and in-store channels.

Experiences over things as gifts will grow

A growing segment of shoppers, particularly those with higher disposable income, are gifting experiences (concert tickets, classes, travel packages) over physical items. In a 2023 survey, one in five respondents said they’d prefer to get an experience as a gift over an item. Retailers can adapt by bundling tangible gifts with experiences or hosting “giftable” events that deepen engagement.

Preference for digital channels will continue

Connected TV (CTV) ad spend is expected to grow 20% in 2024, offering new opportunities to reach audiences where they watch. With Experian’s identity and audience solutions, you can target consistently across CTV, social, and digital platforms to manage frequency and performance more effectively.

What consumers bought in 2023

Clothing and electronics led both in-store and online purchases in 2023, followed by toys, health and beauty, and household appliances.

CategoryPercent of in-store buyersPercent of online buyers
Clothing and accessories82%79%
Electronics73%66%
Toys49%44%
Health and beauty48%44%
Household appliances44%36%

These patterns show that trusted brands win across every channel. Marketers can use Experian’s purchase-based and category-specific audiences to target high-intent buyers ready to buy both online or in-store.

Marketing strategies that worked in 2023

Last year was a year of growth, albeit slow growth, despite economic uncertainty. Here are some of the marketing strategies deployed that contributed to this growth.

Influencer collaborations

Influencers shaped shopping behavior more than ever: seven in 10 shoppers said creator recommendations influenced a purchase. Live product showcases and social content helped brands reach new audiences and reinforce trust.

Cross-channel marketing campaigns

Successful brands unified experiences across email, SMS, CTV, and web.

To maximize sales during the Cyber Five holiday season, activate Experian Audiences as part of your omnichannel campaign. Our offerings include meticulously curated behavioral segments based on discount indicators such as Black Friday, Cyber Monday, and Coupons/Sales. These segments help you target shoppers who are ready to take advantage of your promotions and are primed for early conversion. Our marketing data was ranked #1 in accuracy by Truthset, which means you can power better marketing initiatives, like insights, targeting, and measurement using the highest rated data.

App-only and loyalty offers

App-exclusive deals boosted app-driven sales by 12% year-over-year. Brands that offered exclusive deals through their mobile apps incentivized customers to download and use the app for their purchases, which helped to increase sales through a dedicated channel.

Limited-time and early-access offers

Flash deals, one-day sales, and member-only previews continued to drive urgency during Cyber Week. Retailers that offered limited, targeted value (like Bath & Body Works single-day storewide promotions) achieved higher conversion efficiency than broad discounting.

Predictions for Black Friday 2024

Based on what we’ve seen in 2023, we expect the following trends to shape consumer behavior on Black Friday and beyond in 2024.

Mobile will lead digital sales

Expect mobile to exceed 55% of online sales. Black Friday mobile orders increased from 2022 to 2023, with over 50% of all Black Friday sales occurring on smartphones.

As a marketer, this means you should ensure your website is optimized for smartphones and tablets. Ensure load speed is quick, navigation is simple, designs are intuitive, and mobile payment options are available. You also have an opportunity to invite your customers to sign up for SMS or push notifications so they can shop deals immediately after they’re rolled out.

While mobile should be a priority, we still recommend investing in multiple channels to capture online shoppers everywhere they’re buying. Our Offline and Digital Graphs can help you unify data, capture user activity, and view your target audience holistically to optimize ad spend, allocate resources effectively, and improve ROI.

Early planning will define success

Brands will finalize creative and inventory by midsummer to meet September shoppers. Data enrichment can help you prepare early Black Friday promos by providing deeper insights into your customers and what they want.

On average, Experian has 250 behavioral and demographic marketing attributes per individual, which means we can decorate households and people with marketing data to get a full customer profile and fill in any gaps you have on your audience. You can also consider implementing sell-side targeting to help your promotions reach the right people.

BNPL usage willrise

As inflation persists in the U.S., shoppers will still be looking for ways to stretch their money this year, and many may seek out BNPL arrangements. According to Deloitte, 37% of shoppers have used these services, and these arrangements have proven to increase conversions by up to 30%.

With so many shoppers wanting the financial convenience of making large purchases without the immediate financial burden, marketers can use data enrichment to identify their target segments most likely to use BNPL and create personalized offers and promotions for them. Your strategy should include high-value offers and messaging that appeal to budget-conscious shoppers and a checkout optimized for BNPL options.

Channel switching will surge

Consumers will move fluidly between mobile, web, and in-store experiences, which means integrating data from various touchpoints will be crucial to understanding and predicting customer behavior. Marketers must develop cohesive omnichannel strategies with consistent messaging and promotions across channels. Your campaigns should span multiple channels so customers can engage with your brand in various ways.

We work with major platforms, marketers, and agencies, which means we have existing partnerships across the ecosystem for you to connect with and bring your consumer data to life to meet your needs.

Paid search will drive the most sales

Adobe reported paid search as the largest revenue driver during Cyber Week 2023, responsible for 30% of online sales. In 2024, marketers should prioritize paid search strategies and focus on using relevant, high-performing keywords for your campaigns. You can continuously refine your strategies using AI and data analytics to target high-intent customers. Additionally, integrating insights from customer behavior data will help you create more personalized, impactful ad copy and heighten the effectiveness of your paid search efforts.

How Experian enables 2024 holiday success

Experian’s marketing solutions help brands connect identity, insights, and outcomes across every touchpoint:

  • Audience intelligence. Activate curated seasonal and behavioral audiences based on verified purchasing and discount-seeking patterns.
  • Identity connection. Link ad exposures to household and individual behaviors through Experian’s Digital Graph connecting digital and offline data for a unified customer view.
  • Omnichannel activation. Reach shoppers across more than 150 channels through our data and technology partnerships.
  • Performance measurement. Use Experian Outcomes and lift analysis to tie spend directly to visits, conversions, and sales impact.

Drive your 2024 holiday success with Experian

The brands that win Black Friday 2024 will be those that plan early, act confidently, and measure with accuracy. Experian’s identity and data foundation powers connected commerce across every channel.

Get in touch with our team to plan your 2024 Black Friday and holiday campaigns.


Get started

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


Latest posts

Loading…
From appetizer to main course: A taste of 2025’s marketing trends

Agencies, platforms, and marketers stand at the crossroads of transformation, as privacy regulations tighten, technology accelerates, and consumer behaviors evolve. Yet these challenges also present extraordinary opportunities. Our 2025 Digital trends and predictions report highlights five trends that will shape 2025 and digs into: What’s changing in the market How to keep learning about your customers How to reach your customers in different places How to measure what’s really working along the way In this blog post, we’ll give you a sneak peek of three of these trends — from cracking the code of signal loss to tapping into the buzz around connected TV (CTV) and stepping up your omnichannel game. Think of it as a taste test before the main course. Ready for the full menu? Download our report to get the lowdown on all five trends. Download now 1. Signal loss: A rich appetizer of alternate ingredients As traditional cookies crumble, marketers need fresh ingredients to keep the flavor coming. Already, about 40% of browser traffic doesn’t support third-party cookies, and marketers are spicing things up with first-party data, alternative identifiers like Unified I.D. 2.0 (UID2) and ID5, and contextual targeting strategies. In fact, 50% more of our clients received alternative IDs (UID2, ID5, Hadron ID) in their Digital Graph in 2024 compared to 2023. The number of alternative IDs resolved to individuals in our Digital Graph increased by 30% year-over-year – as everyone looks beyond the cookie jar. There is no secret sauce to replace cookies. Instead, expect a multi-ID recipe that brings together different identifiers, unified by an identity graph. This approach turns a fragmented pantry of data into a cohesive meal, giving you a complete view of your customer on every plate. 2. The rising power of CTV: A hearty entrée of opportunities CTV is quickly becoming the main dish on the streaming menu, as viewers load up on their favorite shows. While CTV is slated to make up 20% of daily U.S. media consumption by 2026, advertisers are still holding back on pouring in the ad spend. To unlock its full flavor, marketers need to whip up solutions like frequency capping and unified audience activation. Although CTV will account for 20% of daily U.S. media consumption by 2026, it’s projected to command only 8.1% of ad spend. Frequency capping and unified audience activation solutions will be key to unlocking CTV’s full potential. By 2025, nearly half of CTV "diners" will choose free ad-supported streaming TV (FAST). Marketers need strategies to prevent ad overexposure. With 50% of U.S. consumers avoiding products due to ad overload, and 30% of marketers willing to increase their CTV spend if frequency capping improves, unified identity solutions help ensure every impression is served just right. 3. Omnichannel: A flavorful fusion plate No one likes a one-flavor meal. Marketers are moving beyond single-channel “side dishes” to omnichannel “fusion feasts” that blend direct mail, digital, CTV, and retail media networks (RMNs) into a truly cohesive culinary experience. Even though only 21% of global B2C professionals currently put omnichannel at the top of their shopping list, the growing demand for seamless, audience-first campaigns is heating up. In 2025, having an audience-first approach will be like having a perfect pairing for every course. Unified identity solutions act as your master sommelier, ensuring that each channel complements the next, and every customer enjoys a well-rounded, memorable journey. Vertical trends: A dessert sampler from four unique kitchens Different markets have their own signature flavors. In Auto, crossover utility vehicles (CUVs) claim 51% of new vehicle registrations, and consumers in the 35-54 age group and families are the primary buyers. Automotive marketers should prioritize CUV advertising with a strong focus on family-oriented and income-appropriate messaging In Financial Services, marketers need to anticipate shifts in consumer behavior tied to economic conditions, such as increasing demand for deposit products when interest rates are high. For insurance, aligning campaigns with life events, like new home purchases or marriage, can maximize engagement. In Healthcare, advertisers are prioritizing personalized, regulation-compliant campaigns that address social determinants of health (SDOH). In Retail, advertisers are increasingly activating on both CTV and social platforms, with many managing their own in-house campaigns. While larger brands often rely on media agencies, a shift toward in-house media buying is emerging among some bigger players, offering more control over audience targeting and performance metrics. Our report covers each vertical’s unique menu, helping you select the right “ingredients” for your customers. With the top Experian Audiences on hand, you can create feasts that delight, nourish, and convert. Download our new 2026 Digital trends and predictions report Marketing in 2026 will be defined by connection: between activation and measurement, data and AI, platforms and outcomes. These connections are what turn innovation into impact, and they’re where Experian helps marketers lead with confidence. What you'll learn AI is only as good as its data : Find out why the marketers who shape how AI works, with high-integrity, human-centered data, will be the ones who lead.   Activation and measurement are coming together: Explore how marketers are shifting from reporting after the fact to guiding performance in the moment. First-party data activation is becoming a foundational capability: See how it’s now possible to onboard and activate privacy-compliant audiences across channels, all from a single system. Commerce media is no longer just a retail play: Understand why auto, CPG, financial services, and travel brands are now adopting retail-style models to connect data, media, and sales outcomes.    Curation is the new programmatic standard: Learn how curation brings identity, quality, and control together, allowing marketers to target confidently across connected TV (CTV), audio, and the open web. Download now Experian's U.K. 2025 advertising trends This article highlights the major advertising trends set to shape the U.S. market in 2025, but significant industry changes are happening on a global scale. For a more comprehensive look at worldwide trends, check out Experian's U.K. 2025 advertising trends. Read now Contact us Latest posts

Jan 28,2025 by Hayley Schneider, Sr. Manager, Content Marketing

Case study: How Swiss Sense developed a data-driven international growth strategy using Experian’s Mosaic® data

Swiss Sense’s mission is to provide exceptional sleep comfort for all. The European retailer analyzed their customer data in one market to better understand their ideal customer profile and scale these learnings to other markets. To achieve this, Swiss Sense used Experian’s Mosaic® data, a profiling tool that segments households into categories based on their lifestyle, interests, and demographics. Using Mosaic data, Swiss Sense identified key customer personas and tailored their communications to match. Partnering with Experian, they created personalized product recommendations and delivered targeted messaging through direct mail, out-of-home (OOH) advertising, and leafleting campaigns. What is Mosiac? Experian’s Mosaic data helps businesses understand their customers better by grouping households into segments based on their lifestyles, interests, and financial situations. It gives marketers a clear picture of who their customers are, so they can create more targeted campaigns. Challenge: Utilize data-driven insights to drive market-specific growth strategies Swiss Sense wanted to expand its presence across all of its markets. To achieve this, they analyzed customer data in the Netherlands to identify their ideal customer profiles and replicate their success in other regions. Their objectives included: Develop regional strategies Integrate data-driven insights into their local and international marketing strategy The solution to achieve data-driven marketing Swiss Sense saw that Experian could provide a data-driven view of customers in other countries using both Global and local Mosaic profiles. They chose Experian as their partner to ensure a persona-based segmentation across multiple countries. This partnership allowed Swiss Sense to: Gain consistent customer insights across all operational markets.  Equip marketing and operational teams with precise data for targeting and personalization. Drive adoption of the segmentation strategy by giving end users access to a bespoke dashboard with the data. Results: Driving targeted marketing and personalized experiences with Mosiac By partnering with Experian, Swiss Sense was able to seamlessly implement a solution tailored to their unique needs. Swiss Sense gained an overview of its customer base while using the more granular Mosaic data in each country to gain the optimal understanding of each region’s customers.  These insights helped Swiss Sense’s marketing team, allowing them to craft targeted customer content, suggest relevant imagery, and adopt the right tone of voice. Identifying key Mosaic growth segments further enabled Swiss Sense to focus marketing efforts on regions and cities over-indexing for their ideal customer types. This led to the execution of highly targeted offline campaigns, including: Direct mail flyers delivered to target audiences’ homes OOH advertising in cities where key segments over-index Distributing leaflets in public places such as target town centers Download our case study for the full details of Swiss Sense’s journey to international growth.  Download the full case study now Contact us About Swiss Sense Founded by the Diks family in 2006, Swiss Sense is a Dutch family-owned retailer specializing in high-quality beds, mattresses, and bedroom accessories. With over 2,000 employees and stores across multiple European countries, Swiss Sense is dedicated to providing exceptional sleep comfort for all. To learn more, please visit www.SwissSense.nl. Latest posts

Jan 23,2025 by Lucy Simmonds, Content Marketing Specialist

Four themes we saw at CES 2025

Every year, the Experian team attends the Consumer Electronics Show (CES) in Las Vegas to study the latest technological advancements and innovations that shape the AdTech industry. The energy at CES 2025 was palpable, with a whirlwind of conversations around artificial intelligence (AI), connected TV (CTV), privacy-first solutions, and sustainability in advertising. Here are four standout themes from this year’s event. 1. The AI evolution: More buzzwords, but growing potential AI dominated discussions this year, but the gap between hype and practical application was still evident. While some vendors showcased innovative tools for campaign optimization and audience creation, much of the buzz felt aspirational.  The use of AI to generate audiences based on new types of data is a promising sign of things to come. Data providers, including those collaborating with Experian, are beginning to test AI tools to enhance audience accuracy and scale. The AI space still feels frenetic, but the potential for transformative change is undeniable. "AI was a hot topic, with discussions ranging from campaign optimization tools to audience selection. While many leaned on buzzwords, there were glimpses of legitimate use cases."Brooke Logan, VP of Data Strategy and Partnerships 2. CTV: A race for quality and curation CTV remained a popular topic at CES, particularly around the challenges of fragmentation and scale. Sellers are grappling with an oversupply of inventory, leading to a renewed focus on curation. Conversations highlighted the importance of premium audiences, brand safety, and identity resolution. In the fragmented CTV landscape, advertisers want to be able to define an audience once, have that audience be highly addressable, and then activate everywhere. One standout theme was the shift in CTV monetization strategies. With linear TV revenues declining, major publishers are exploring ways to maximize yields on streaming platforms. Direct-sold premium inventory still reigns, but programmatic is gaining traction—a trend we’re seeing driven by publishers seeking scalable solutions. "CTV remains fragmented. While premium inventory is largely direct-sold, big publishers are exploring ways to boost yield on streaming as linear revenue declines."Lauren Portell, Sr. Account Executive, Advanced TV 3. Privacy-first solutions The regulatory landscape continues to evolve, and advertisers are responding with innovative, privacy-centric methodologies. For industries like healthcare, privacy-first solutions are being developed from the ground up to comply with current and future regulations. The emphasis on cookieless and contextual advertising remains strong, with data providers utilizing first-party data to enrich audience targeting strategies. "Providers across verticals that are typically more sensitive are developing methodologies from the ground up based on current and future potential privacy regulations."Adam Kobus, Director of Data Partnerships 4. Eco-conscious advertising: Building a sustainable future Sustainability emerged as a growing focus, as indicated by initiatives like Scope3 and Experian’s own carbon reduction goals. Companies are exploring ways to reduce the environmental impact of ad serving and data management. For example, platforms like AdGood are transforming unused CTV inventory into opportunities for non-profit initiatives. While not strictly eco-focused, these efforts signal a shift toward more conscientious advertising practices. "Sustainability is gaining attention, with efforts to reduce the carbon footprint through eco-conscious advertising, data management practices, and ad serving."Erin Wolf, Sr. Account Executive, Demand Partnerships The buzz around Experian The launch of the Experian marketplace and the Audigent acquisition were major talking points, underscoring Experian’s commitment to innovation in AdTech. Together, Experian and Audigent will be an end-to-end solution where publishers big and small can empower marketers to better understand their customers, create precise audience segments, and activate those audiences across the best inventory. Likewise, Experian’s new data marketplace connects TV operators, programmers, supply partners, and demand platforms with top-tier third-party audiences across retail, CPG, health, B2B, and location intelligence. All audiences delivered from our marketplace benefit from our best-in-class offline and digital identity graphs, which ensure addressability across all channels like display, mobile, and CTV.  An exciting year ahead CES 2025 underscored the rapid evolution of the advertising ecosystem. From AI to CTV and privacy-first solutions, the industry is adapting to new challenges and opportunities. As Experian continues to lean into these trends, our role in powering data-driven advertising through connectivity remains more focused than ever. We’re excited to see how these themes will evolve throughout the year and look forward to collaborating with our partners to shape the future of digital advertising. Follow us on LinkedIn or sign up for our email newsletter for more informative content on the latest industry insights and data-driven marketing. Contact us Latest posts

Jan 15,2025 by Experian Marketing Services

Subscribe to our newsletter

Enter your name and email for the latest updates

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

About Experian Marketing Services

At Experian Marketing Services, we use data and insights to help brands have more meaningful interactions with people. As leaders in the evolution of the advertising landscape, Experian Marketing Services can help you identify your customers and the right potential customers, uncover the most appropriate communication channels, develop messages that resonate, and measure the effectiveness of marketing activities and campaigns.

Visit our website

Subscribe to our newsletter

Stay up to date on the latest industry news and receive expert tips from our marketing experts.
Subscribe now!