The aftermath of the February 28th retail boycott

February 2025

The title here is a type of pun on math   and how reporters spin the numbers to fit their agenda. It's a kind of nod to the idea lies, damn lies, and statistics.

Trying to make a boycott take off

On February 26, 2025, Betty Lin-Fisher, a consumer reporter at USA Today plugged the article she wrote for the outlet on LinkedIn thus:

This Friday, Feb. 28 is the one-day, 24-hour consumer economic blackout.

Consumers are encouraged not to spend money during the 24-hour period and if you need something, to buy local.
The Feb. 28 event is one of several boycotts planned by groups of consumers or activists to protest what they call corporate greed, companies that have rolled back their diversity, equity and inclusion efforts and President Donald Trump's efforts to eliminate federal DEI programs since taking office.

 The Boomerang Effect Shown on Social Media

The comments showed that not everyone agreed with this approach, with many declaring that they'd make a point of shopping that Friday. Some added additional commentary on why they thought this was wrong. 

For example, Kimberly wrote this: 

I will go to Target and look for products by black businesses and purchase some. I disagree with this whole thing as it could affect those that have nothing to do with it. Treat people on merit and qualifications not race. Last I saw we've had a black President, VP, police chiefs, mayor's, governors I could go on and on into infinity. You can be anything you want to
be. Only one standing in your way is yourself.And Jan wrote:We should agree to disagree and give the current administration 2 full years to show American just what they will do for us. I may not have liked prior Presidents but I never wished harm on our working people. After 2 years, THEN speak up and change things with the Mid-Terms. However, I believe we will see our economy turn around over the next 6 months and no one will want to change anything! It's only been 5-6 weeks...... Wish for the BEST for our Country! We the People have spoken with our votes

What does the data show?

Now that we're in early March, the numbers should be in to let us know if the boycott had any significant impact. So let's see what Betsy Lin-Fisher had to say in her follow-up  on the first day of what  was intended to be a one week "fast" from Amazon purchases and a full 40 day "fast" (the correspondence with Ramadan has to be deliberate, as Lent only began today -- Ash Wednesday) intended to harm Target and Walmart in USA Today. 

She was forced to admit that rather than dent Amazon sales, as compared to the previous eight Fridays, sales were actually up 1%, as per Momentum Commerce. It doesn't appear she's getting this information first-hand but relying on Forbes reports, and the headline it used about Amazon on March 2 was Amazon Defies ‘Economic Blackout’ As Sales Climb During Boycott.

Lin-Fisher was willing to concede Amazon so long as she could claim Target. Again, that's based on a Forbes report: Target Loses Web Traffic As Costco Gains On Feb. 28 Economic Blackout Day The implication her is supposed to be that Costco, which did not yet make a statement about dropping DEI, is being rewarded -- as per an increase of 22% in web traffic and 3% in app visits [not sales but visits] --while the other evil retailers are being duly punished by a drop in traffic.

Let's now set aside the question of whether or not Costco benefitted from the boycotters' position, which actually contradicts their stance of avoiding all big retailers and buying locally instead -- and take a closer look at Forbes' figures for Target and Walmart., and I want you to notice something. Hint: it's in the calendar page that I used as the illustration for this blog.   

• On blackout day, Target website visitors dropped 9% compared to Friday, Feb. 14, from 5.2 million to 4.7 million.
• Target app user traffic, representing the most loyal Target customers, was off even more, down 14%, from 4.2 million to 3.5 million.
• On blackout day, the nation’s number one retailer, Walmart, experienced a 5% slump in web traffic, down from 11.7 million on Feb. 14 to 11.2 million and number two Amazon dropped by 2%, from 67.1 million to 65.9 million.

Did you pick up on my hint? Why are we comparing the 28th to the 14th? Wouldn't it make much more sense to compare the 28th to the 21st -- the closest Friday to it and one in which there was no special occasion that prompted people to spend billions of dollars on gifts? 

The NRF predicted a record-breaking $27.5 billion in spending for Valentine's Day 2025

SEe the illustration above of the level fs spending  about the sales predicted for this year's Valentine's Day that would include spending on February 14th itself -- given the last minute habits of many consumers. They would have been able to shop online at retailers like Walmart and Target and still pick up in store to make sure they'd have the expected token of love ready. In fact, a good chunk of Valentine's Day shoppers do make their purchases online as you can see from the graphic below:

 

Deliberately taking February 14th as the baseline to "prove" a significant drop in shopping traffic at Target and Walmart on an ordinary Friday is the equivalent of weighing yourself just after a Thanksgiving dinner and then weighing yourself a few days later first thing in the morning before breakfast and claiming you lost five pounds. Anyone who tracks weight accurately would always tell you to weigh yourself at the same time of day each time for the sake of consistency with your baseline. 

This tactic is known as stacking the deck, one of the logical fallacies you should have learned about it in a rhetoric course. 

Related: 

Everybody lies with visualizations

Beyond February 14: B2B marketing takeaways from Valentine's Day

Pink hearts photo from Freestock on Unsplash

When we think of Valentine’s Day, B2B is not exactly what we think of when we picture candlelit dinners, bouquets of roses, chocolates, gifts of jewelry. and stuffed animals and cards festooned with red and pink hearts. However, if you think out of the heart-shaped box, you can begin to understand that there are quite a number of parallels.

First of all there is the recognition of  important relationships. Sure Valentine’s Day is associated with romantic one specifically, though data tells us that for many people it is also  a day to celebrate their love for parents, children, friends, coworkers,  classmates, teachers, and even  pets. 

This doesn’t mean that you should be shoehorning your own B2B messaging into a heart shape when it doesn’t fit. Instead, think about how you can advance that relationship in authentic ways that relate to your client’s concerns. That means you demonstrate your commitment to meeting their expectations for your products and services. 

It’s the thought that counts for a gift, right? So is it enough to show you realize you are expected to buy something by picking up a gift conveniently set out on display at the drugstore on your way home?  No, the thought that counts is the one that shows you know what the person is about and what they’d like to get.  The question is: what expectations are in place and are they met? 

One interesting revelation from the National Retail Foundation (NRF)  data on holiday spending is the discrepancy that often occurs between the type of gift that people say they want and the percentage that say that is the type they intend to give. To apply this to a B2B context, you don’t want to disappoint your customers by failing to meet their expectations. 

So the first step, obviously, is getting to know them well enough to be able to grasp what they need, what their business goals and pain points are so that you can anticipate them in delivering the solutions. In other words, if you want to show you really care, you have to do better than just the token nod of a one-size-fits-all bouquet of red roses. 

What does it take to deliver on your B2B customer expectations? You have to listen to what they’re saying about  their current needs and wants. That’s not limited to what they tell you directly if you ask them for information in surveys; a lot of it is already out there. It’s possible to tap into the wealth of data, including the record of their purchases, how they place those purchases, what promotions they respond to, where they’re businesses are and where they wish to get to. 

All those data points feed into a complete view of the business that allows you to show you understand them. On that basis, you can build customized communication that is delivered the way they prefer it, whether that is via text, email, snail mail, a video chat, or an in-person visit. While one client may  love the in-person attention, another may consider it a drain on precious time at the office.

The takeaway from Valentine’s Day for building up a happily ever after relationship in B2B is the following:

1.Avoid the one-size-fits-all messages that will disappoint a large number of clients.

2. Put in the effort to get to know what they really want from you.

3. Deliver on those expectations and plan for how to anticipate their future needs and wants.

4. Repeat as necessary.

Acting on wrong assumption in pushing a one-size-fits-all attempt at communication when you should be personalizing doesn't show caring but a lack of consideration for what your recipient prefers. That can be as much a disaster as sending flowers to someone who is highly allergic to them or chocolates to a diabetic because you assumed that the popular choices are the way to go with everyone.

Related: True love meets marketing

V is Video Marketing for Valentine's Day

The National Retail Federation estimates that consumers in the U.S.  will spend $18.2 billion this Valentine's Day. Large though the figure may appear, it's actually down from last year's record high of $19.7 billion. It works out to an average of $136.57 per person. The bulk of it, $85.21, is earmarked for one's romantic partner, and the rest is divided among parents and children, teachers or classmates, friends, pets, and coworkers.

Though gifts of jewelry, flowers, chocolates, and dinners out, still make up the bulk of anticipated spending, there are also other options considered, particularly in light of the expanded categories for recipients of gifts on this holiday. And that means expanded opportunities for marketing around the holiday. The medium of choice for many marketers is video, because of its reach, its engagement, and the metrics on both.

photo from https://www.goodfreephotos.com/albums/vector-images/arrow-with-heart-vector-clipart.png

read more in Why Marketers Heart Video for Valentine's Day