Deals under $20 How to talk money 🤑 America's Top Retailers Best CD rates this month
MONEY
Business, Economy, and Finance

Strategies: Some tricks for Halloween treats

Rhonda Abrams
Special for USA TODAY

Halloween is big business for small business. According to the National Retail Federation (https://nrf.com/resources/halloween-headquarters), Americans will spend $6.9 billion on costumes, decorations, candy, greeting cards and party favors this year. More than 157 million will participate in Halloween festivities. Twenty million Americans will even spend $350 million on pet costumes. (I have to admit that I’m part of that group.)

There's a trick to making sales at Halloween.

In honor of this important and fun holiday for kids, adults, pets and big and small business, I’ve written a Halloween poem.

Not into retail? No need to worry. There are ways to make money. But you'd better hurry.

‘Twas the Week Before Halloween

(With apologies to Clement C. Moore, author of A Visit from St. Nicholas)

‘Twas the week before Halloween,

And all thru the mall,

The shoppers were spending,

They were buying it all.

They were scooping up candy,

Decorations and masks,

How much were they spending?

Oh, don’t even ask!

With all of those dollars

And credit cards flying,

Halloween’s now number two

In holiday buying.

Consumers will spend billions on Halloween supplies this year, according to the National Retail Federation.

Not Thanksgiving or Valentine’s,

Nor that day set for Mother,

Except for Halloween,

There’s only one other.

Merchants and restaurants

And businesses galore,

Find ways to use Halloween

To sell even more.

“It’s a holiday for kids,”

I hear you say.

Yeah, just visit a bank

On Halloween Day.

All the tellers wear costumes,

Some even quite funny,

And these are the people

Who’ve got all your money.

Ruby, an Australian Shepherd-mix struts her alter ego as Donald Trump at the Tompkins Square Halloween Dog Parade on Saturday in New York. Up the ante this Halloween by dressing up your four-legged friend to match you.

Halloween’s now part

Of all business culture,

So if you use it, too,

You won’t seem like a vulture.

You, too, can get a piece

Of all this spending flurry,

But Halloween’s soon,

So you better hurry.

“But Rhonda,” you cry,

“There’s just one detail,

The business I own

Is not in retail.”

It’s not like a lawyer

Has much they can do,

They can’t really offer

A special Halloween sue.

Cheryl's Collector's Edition Halloween Pumpkin Cat Jar is just one of the many Halloween-themed products for sale this year.

Use Halloween to let clients

Know of them you’ve been thinking,

So they’ll remember your name

Through all their holiday drinking.

You can send them a card

Or hold a big party,

It’s different than Christmas,

You’ll seem like a smarty.

Run a Halloween special,

Offer good things to eat,

Be creative, be clever,

Find a trick, find a treat.

Halloween sales are second only to Christmas. Who knew?

If nothing works now,

When Halloween’s near,

Just print out my column

And save ‘til next year.  

Then plan a promotion

With a Halloween tie-in,

One that will get

All your customers buyin’.

As I close out this column,

Only one thing’s to write:

“Happy Halloween to all,

And to all a good fright."

Among Rhonda Abrams' recent books is the 6th edition of Successful Business Plan: Secrets & StrategiesRegister for her free newsletter at PlanningShop.com. Twitter: @RhondaAbrams.

RELATED:

Strategies: Small business classic reinvented

Strategies: The absolute best way to raise money

Strategies: Why the world needs entrepreneurs

Strategies: 3 ways to successfully pivot

Featured Weekly Ad