Black Friday digital marketing: how much to invest before the date
A guide to the factors, market data, and common mistakes that help you decide how much to invest in digital marketing before Black Friday.
By Felipe Melo, CEO of OutBox

Quick answer
There's no single figure for Black Friday digital marketing investment: the right amount depends on expected revenue, your track record with past campaigns, and the time left before the date. In general, businesses set aside part of their annual marketing budget for this stretch and adjust the amount based on their sales goal and how previous years performed.
Key points
- Black Friday digital marketing investment should take into account expected revenue, product margin, and your track record with past campaigns.
- According to CNC, Black Friday 2023 brought in about R$ 4.64 billion, up 4.3% from 2022.
- CNC projected R$ 5.22 billion for Black Friday 2024, growth of just 0.4% over 2023, amid higher interest rates.
- Sebrae recommends planning a company's budget over a 3 to 5 year horizon, which helps treat Black Friday as part of ongoing planning.
- Website, landing page, Google Business Profile, and blog should each get a budget in proportion to the role they play in the buying journey.
- Leaving website and Google Business Profile changes for the last week before Black Friday usually raises costs and lowers results.
There's no single number: the right investment in Black Friday digital marketing depends on the revenue you expect for the period, your track record with past campaigns, and how much time you have left before the date. In general, businesses set aside part of their annual marketing budget for this stretch and adjust the amount based on their sales goal and how previous years performed.
Setting that number means looking at your internal data and at how the market behaves. Below, see the factors that weigh on the math and how to put together a realistic budget, whether you serve a city the size of Santa Cruz do Rio Pardo, SP, or sell all over Brazil.
Why plan your Black Friday digital marketing budget ahead of time
Planning your budget ahead of time prevents rushed decisions and wasted money on poorly calibrated campaigns. Black Friday packs searches, clicks, and ad competition into a short period, which usually drives up cost per click and cost per conversion in the weeks before the date.
Businesses that start organizing their budget just a few days ahead end up paying more for ads and losing the ramp-up time SEO campaigns need, since they take a few weeks to bring organic results. An optimized website, for example, needs time to get indexed and climb in rankings before the search peak.
How much the market usually moves on Black Friday
Black Friday sales volume in Brazil has gone up and down in recent years, which helps explain why marketing budgets vary too. According to Brazil's National Confederation of Commerce (CNC), Black Friday 2023 brought in about R$ 4.64 billion, up 4.3% from 2022.
For 2024, CNC projected revenue of close to R$ 5.22 billion, up just 0.4% from the year before, with interest rates around 11.25% and trending upward. This kind of data shows that sales growth doesn't always keep pace with previous years, which is why your digital marketing budget needs to be reviewed every season, not copied from last year.
What factors decide how much to invest in digital marketing before Black Friday
How much to invest in Black Friday digital marketing changes with a few concrete factors in your business. Before settling on a number, consider:
- Expected revenue for the period: the higher the sales goal, the bigger the budget for ads and content tends to be.
- Average order value and product margin: lower-margin products call for extra care so acquisition costs don't eat up the promotion's profit.
- Track record from past campaigns: data from previous Black Fridays shows which channels brought the best returns and helps you avoid repeating mistakes.
- Time until the date: the less time you have, the more the budget tends to concentrate on paid media, since organic efforts like blogging and SEO need more lead time.
- Channels already in place: businesses that already have a website, an up-to-date Google Business Profile, and an email or WhatsApp list spend less to get results than those starting from scratch.
How to split your budget across digital channels
How you split your budget across digital channels should follow the customer's path to purchase, not just whatever seems most popular right now. A common split starts with the foundation: a website or landing page (LP) ready to convert, an up-to-date Google Business Profile, and then paid and organic traffic channels.
A few points help organize that split:
- Set aside part of the budget to adjust or create a landing page specific to the promotion, with clear information about the deadline, terms, and how to get in touch.
- Put another share into paid traffic (Google Ads, social media), prioritizing the channels that already brought results in past campaigns.
- Include a portion for blog content and SEO, even if the return shows up after Black Friday, because this work keeps attracting visitors throughout the year.
- Make sure to invest time (and budget, if needed) in keeping your Google Business Profile up to date with hours, photos, and contact information, since many local searches happen on a phone, close to the moment of purchase.
How to build a realistic budget for your business
A realistic Black Friday digital marketing budget comes from crossing your sales goal with what your business can actually afford to invest. Sebrae (Brazil's small business support agency) advises that a company's budget planning can cover a period of 3 to 5 years, depending on the type of business, which reinforces the importance of treating Black Friday as part of a bigger plan, not as an isolated, improvised expense.
In practice, that means comparing Black Friday results with the rest of the year, looking at how much was spent and how much came back in sales, and using that history to calibrate the next season's investment. Businesses that don't have this history organized yet can start right now by recording how much they spend on each channel and how much each one brings in.
Common mistakes when setting your Black Friday digital marketing investment
A few mistakes come up often in businesses of all sizes and industries when planning for Black Friday. Watch out for:
- Setting the budget based only on what competitors are spending, without looking at your own margin and delivery capacity.
- Leaving changes to the website, LP, or Google Business Profile for the last week, when traffic has already started to climb.
- Putting the whole budget into paid media and ignoring channels that keep bringing results after the date, like blogging and SEO.
- Not setting aside a reserve for surprises, like a jump in cost per click on the most competitive days.
When to get expert help planning the campaign
It's worth getting expert help when your business doesn't have enough historical data, doesn't have a website built for conversion, or needs a system (like a micro SaaS for coupons or inventory control) to handle Black Friday sales volume. In those cases, an outside assessment helps you avoid spending without a return and prioritize what really moves the needle for that specific business.
Black Friday digital marketing: what's the right call
Deciding how much to invest in Black Friday digital marketing is less about following a ready-made formula and more about looking at your own business's history, the time available, and the online structure you already have (website, LP, Google Business Profile, blog). Businesses that plan ahead and spread their budget across these channels tend to make better use of the period, even in years of slower sales growth, as happened between 2023 and 2024.
OutBox Soluções Digitais, a marketing agency based in Santa Cruz do Rio Pardo, SP, that serves clients all over Brazil, helps businesses organize their website, Google presence, and blog content so they reach Black Friday with a structure ready to convert. If you want to review your campaign budget before the date, it's worth requesting an evaluation to figure out where to start.
Frequently asked questions
What's the ideal percentage to invest in Black Friday digital marketing?
There's no fixed percentage that works for every business: the amount depends on expected revenue for the period, product margins, and your track record with past campaigns. The safest approach is to look at how much you invested and how much came back in sales over the last few Black Fridays and use that history as a reference for the next budget.
How far ahead should I start planning for Black Friday?
Ideally, start planning a few weeks or months ahead, especially if the plan includes SEO and blogging, which take time to bring organic traffic. Changes to your website, landing page, and Google Business Profile also need time to be tested before the search peak.
Is it worth investing in SEO and blogging with Black Friday in mind?
Yes, as long as the work starts early enough for the content to rank before the date. Unlike paid media, SEO and blogging keep bringing traffic even after Black Friday, which stretches the return on investment across the year.
Does the Google Business Profile affect Black Friday sales?
Yes, the Google Business Profile often influences buying decisions, especially in local searches made on a phone close to the moment of purchase. Keeping hours, photos, promotions, and contact information up to date helps the business show up better in these results during Black Friday.
Does a small business in Santa Cruz do Rio Pardo need an agency for Black Friday?
Not necessarily, but an agency helps when the business doesn't have organized historical data or lacks a website and online presence ready for a traffic spike. In those cases, an outside assessment avoids spending without a return and helps prioritize the actions with the biggest impact for that business.
Sources
- Com menos inflação, comércio espera recorde de vendas na Black Friday, Agência Brasil (EBC)
- Comércio estima vendas estáveis na Black Friday ante 2023, diz CNC, InfoMoney (com dados da CNC)
- Black Friday deve movimentar R$ 5,2 bi, diz CNC; veja produtos com maiores descontos, CNN Brasil (com dados da CNC)
- Saiba como fazer um orçamento adequado para sua empresa, Sebrae
Felipe Melo
CEO of OutBox
Over 15 years in the business.
