close
close

Sarfraz Hajee’s strategic insights for seasonal success

Sarfraz Hajee’s strategic insights for seasonal success

Seasonal marketing campaigns are the backbone of many businesses and understanding how to allocate and manage a seasonal marketing budget can be the difference between thriving during periods of high demand and falling short.

According to a Comscore industry survey of marketers managing holiday programmatic ad budgets, about 75% and 97% of holiday budgets are finalized in September and October, respectively.

A seasoned business strategist and private investor, Sarfraz Hajee has extensive experience guiding businesses through the intricacies of budgeting. In this article, we’ll delve into Hajee’s strategic insights, drawing on key principles of seasonal marketing planning to ensure businesses can capitalize on every opportunity.

The importance of seasonal marketing

Seasonal marketing

refers to the promotion of products or services during specific times of the year when consumer demand is at its peak. Whether it’s holiday shopping, back-to-school shopping, or summer sales, well-executed seasonal campaigns can generate a significant portion of a company’s annual revenue. Hajee stresses that companies need to anticipate these opportunities and plan ahead.

“The foundation of any successful business campaign is preparation that takes place months in advance,” says Hajee. “You can’t afford to be reactive when these rush hours roll around. Strategic foresight is what sets you up for success.”

Budget with purpose

A major challenge for many businesses is balancing limited resources with the need for aggressive seasonal promotions. Hajee recommends an approach that starts with understanding your revenue cycles and building your marketing budget accordingly.

“The first step is to segment your marketing budget by season or event,” explains Hajee. “That way, you allocate specific funds to times of the year when your business traditionally sees the highest return on investment.”

It also emphasizes using data from previous years to identify high-performing channels and strategies. “You don’t have to reinvent the wheel every season. If a certain ad type or platform worked last year, you can refine that approach and put more resources into it, especially when you have a clear idea of ​​how your target audience behaves during those key moments.”

The Comscore survey found that marketers are prioritizing desktop and mobile ads this holiday season:

  • 79% plan to run website or browser ads on desktop and mobile devices, excluding social media platforms
  • 74% plan to run CTV or OTT ads
  • 27% said they would run audio ads.

Flexibility is key

Another important factor Hajee highlights is the need for flexibility in your seasonal marketing budget. Seasonal trends can be unpredictable, and rigid plans can prevent you from taking advantage of last-minute opportunities.

“Leave some room in your budget for unexpected changes or new trends that may emerge,” advises Hajee. “Consumer preferences can change quickly, especially in today’s digital landscape. Having the flexibility to adapt your strategy ensures you don’t miss a beat.”

This flexibility goes beyond financial resources. Hajee advocates maintaining agility in your content strategy so you can pivot messages or promotions to align with real-time trends.

Use data and technology

One of Hajee’s key ideas is the use of technology to inform budget decisions. By leveraging data-driven tools, companies can more accurately predict when to allocate their marketing spend and which platforms to focus on.

“Digital marketing tools allow you to track performance in real-time, so you can adjust your spend on the fly. These insights are invaluable in maximizing the return on your marketing investments during periods of high demand” , says Hajee.

A key example is tracking consumer behavior at different times of the year. By using analytics platforms, businesses can determine what their audience is responding to and can invest in those efforts accordingly. This also allows businesses to make strategic decisions about reducing spending during slower periods, thereby preserving resources for peak times.

Build a scalable strategy

One of Sarfraz Hajee’s core principles is the importance of scalability in any strategy. The better a company can scale its efforts, the more it can maximize its ROI without overstretching its resources.

“Scalability ensures that you can increase your efforts during peak times without compromising quality or running into budget constraints,” explains Hajee. “This means focusing on campaigns that are adaptable and can grow as demand increases. It also means investing in evergreen content that can be reused or updated for multiple seasonal campaigns.”

By creating versatile content and investing in campaigns with growth potential, businesses can ensure they are well-positioned to meet growing consumer demands without breaking the bank.

Off-season participation planning

While the focus may be on peak seasons, Hajee also stresses the importance of off-season participation. “A strong off-season strategy can keep your audience engaged year-round,” he says. “During slower times, you can build brand loyalty and awareness, so when peak demand season arrives, your audience is ready to convert.”

He advises brands to invest in nurturing relationships during off-peak periods through social media, email marketing and targeted advertising. This creates a strong foundation for future campaigns and ensures that companies don’t have to start from scratch each season.

conclusion

Mastering seasonal marketing budgets is an essential skill for businesses that want to thrive in competitive industries. Sarfraz Hajee’s strategic insights provide a clear roadmap for businesses looking to optimize their seasonal campaigns. From a proposed budget and flexibility to the use of data and technology, Hajee’s approach ensures that businesses are prepared to succeed during periods of high demand and beyond.

By anticipating trends, effectively allocating resources and planning for the long term, companies can make the most of seasonal opportunities while ensuring year-round growth.