For e-commerce brands, it’s not the year of the dragon, it’s the year of the back-in-stock message. Automated back-in-stock message sends have been on a multiyear rise. In 2023, brands sent 4x as many as the year before, generating 3x the number of orders than the year before.

Back-in-stock messages perform exceptionally well compared to their email marketing counterparts. Their 60 percent open rate is higher than any other marketing email. The 19 percent click rate far outpaces the next best automation email, product abandonment, which has a 6.2 percent click rate. And when it comes to conversion rate, it’s not even close: back-in-stock messages see a conversion rate of 5.8 percent, more than double that of welcome messages, the second-best automated email.

Why do back-in-stock messages perform so well?

2023 was another record-setting year for e-commerce sales and the growth is expected to continue in 2024. How companies achieve their growth will depend on how effective they are with engaging their audience via different channels and subsequently maximizing the return on investment of those channels.

In all of this, one thing remains consistent year after year: opt-in channels continue to punch beyond their weight in terms of engagement and ROI. The trends from the past several years continued throughout 2023 and shed light on what we should expect to see from brands in 2024. Those trends include the following:

1. Email will continue its staying power.

While news headlines focus on the challenges of increasing e-commerce sales on social media sites, with their fluctuations in daily users, email keeps quietly engaging customers and generating sales. According to a recently released report, e-commerce brands sent 33 percent more promotional email campaigns and generated 17 percent more orders in 2023 than the year before.

The performance of marketing emails continues to be positive for retailers. Open and click rates for campaign emails increased year-over-year (YoY), meaning more people see and engage with the emails in their inbox.

With Black Friday and Cyber Monday behind us, it’s a good time to assess how different marketing channels performed through another record-setting BFCM shopping period and what this can tell us about consumers’ shopping habits in 2024.

Looking at Omnisend’s recently released BFCM marketing report, which analyzed over 2.5 billion marketing emails, 29 million SMS, and 30 million web push messages sent by Omnisend merchants in November, five holiday shopping insights stuck out to me:

1. Companies Were Prepared for an Early Start

We anticipated an early start to the holiday shopping season — and we got it. Shoppers spent $76.8 billion online in October, up 5.9 percent year-over-year (YoY). Brands were well prepared with their marketing.

In October, brands sent 39.9 percent more emails and increased orders by 16.5 percent YoY. But while the send increase was consistent throughout the month, orders saw a heavier uptick in the second half. The week of Oct. 22 saw email orders increase by nearly 26 percent and 27.7 percent the following week.