November sits at the intersection of rising consumer intent and relatively stable advertising costs. While October begins the ramp-up to holiday shopping and December becomes dominated by high-intent buyers, November is the moment when audiences actively research, compare, and shortlist brands.
Real Behavior-Driven Opportunity

75% of consumers begin holiday research before mid-November; 79% spread purchases across the full November-December window
Studies show that over 60% of consumers start their holiday research before Black Friday. At the same time, ad costs typically rise only 10–15% from October to early November, compared to up to 40% increases during peak December competition. This creates a cost-efficient window to reach new prospects before the most expensive bidding period.
Building Warm Audiences in November
Warm audiences built in November—from video viewers to website visitors—have significantly higher conversion rates during December campaigns. Recent industry findings indicate that warm audience conversions outperform cold audiences by up to 2.5× during the holiday season.

Targeting warm audiences delivers on average 30% higher ROI compared to cold audience targeting
What Makes November Unique
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High browsing activity: Traffic increases steadily, with some sectors reporting up to 25% more website sessions in early-to-mid November.
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Pre-purchase comparison mindset: Consumers evaluate options rather than rushing to purchase immediately.
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Better ad engagement: Users interact more with educational and value-focused content when they aren’t yet overwhelmed by holiday promotions.
Suggested Warm Audience Strategies
1. Launch Educational or Soft-Promotional Video Campaigns
November is ideal for video-based content that builds trust and familiarity. Video viewers can later be retargeted with conversion-focused ads.
2. Grow Website Visitor Pools Through Value-Driven Content
Guides, product comparisons, and early holiday tips can significantly increase traffic and feed your retargeting lists.
3. Create Engagement-Based Audiences
Encourage users to interact with content—saving posts, commenting, or clicking through collections. Such engagement audiences show strong performance in December remarketing.
How to Maximize Conversions in December
Warm audiences built in November convert better when paired with:
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Compelling seasonal offers
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Short, persuasive copy
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Personalized retargeting sequences
Marketers who prepare their warm segments early see smoother scaling during the highest competition weeks, often achieving lower CPAs than brands that rely solely on cold targeting in December.