The holiday shopping season is upon us, and as we approach the Cyber 5 period (the five days from Thanksgiving to Cyber Monday), brands are gearing up for their most lucrative time of year. More than 196 million US consumers shopped online and in-store over the Cyber Five, in 2022, according to the National Retail Federation (NRF).
In this digital age, YouTube has emerged as a powerhouse platform for engaging consumers and driving sales (with over 2 billion active users). This is likely due to the fact that YouTube offers a wide variety of content, including product reviews, gift guides, unboxing and holiday inspiration, but YouTube is more than just a video-sharing platform; it's a dynamic tool for marketing and advertising, and brands should be thinking about incorporating YouTube into their media mix during the Cyber 5 holiday shopping time. In fact, brands not advertising on YouTube are severely missing out on huge revenue opportunities.
Consider the following statistics:
Here are some reasons why people use YouTube during their holiday shopping:
How can brands ensure they make the most of YouTube during the Cyber 5?
Overall, the research shows that brands should add YouTube to their media mix during the Cyber 5 holiday shopping period. YouTube is the biggest platform with highly engaged users who are more likely to shop online and make impulse purchases. Brands who use YouTube to tell their story, build excitement and make it easy to shop, ultimately beat the Cyber 5 competition and walk away with more sales.
Get in touch to hear about how Precise TV can execute your YouTube ads this season.