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The basics just aren’t very good.Before you even start thinking about generating traffic, putting any marketing budget to work, or refining your Amazon pricing strategy, you have to do the basics. On Amazon, this means you have to optimize your Amazon product detail page for Amazon’s organic search results.The vast majority of sales on Amazon happen through search and more than 70% of it on page one of Amazon search results.
So, it’s best to spend time optimizing your products for Amazon’s search.
If you get your pricing wrong, you will either lose money or won’t sell anything.
Setting the right price on Amazon doesn’t have to be that hard for private label products where you don’t have any competition on your Amazon product page.
In general, there are two variables you need to consider for every single product you sell on Amazon.
First, you need to consider all of your costs, and what your prices would be for you to be profitable on Amazon with those costs included.
The list of costs which you have to take into your equation are:
There are also category-specific costs which you need to consider. For example, if you sell clothing, Amazon will charge you FBA fees related to customer return shipping costs.
3. Keep your prices stable, with exceptions.
To build customer trust and a sustainable long-term brand on Amazon, keep your prices stable.
There are, of course, exceptions.
Usually, this means cutting your prices close to break-even or below profitability. This is most often done during new product launches.
There are no sales if there is no traffic. It is insufficient to simply list your goods on Amazon and wait for traffic and sales to come in.
You now need to direct traffic from outside sources to your Amazon product page in addition to the natural traffic that comes from Amazon.
An email list is a great way to boost your sales at product launch.
Begin with these three, easy-to-implement ways to start building your own list:
In 2014 we shifted a big part of our external ads budget from Google to Facebook.
Today, Facebook Ads are our most important external paid traffic source.
On Facebook, you have multiple advertising options, and you don’t need an existing fan base for that.
The great thing about Facebook Ads is that you can define your target audience and create a post which will show up directly in a user’s Facebook feed.
Working with this Amazon conversion tracking tool, catapulted our Facebook marketing performance into entirely new dimensions. The bottom line is that with analytics, you finally know whether:
Amazon Sponsored Products is by far the fastest way to get your product on the first page of Amazon search results.
Amazon Sponsored Products work similar to Google AdWords, where you bid on search terms.
If a person is searching on Amazon for your product, you can buy an ad relative to those search terms, and your offer will appear next to the best results.
The great thing about Amazon Sponsored Products is that it is very easy to set up. You can do it in a matter of minutes.
You might ask:
“Why should I send my customers over to Amazon if I already have my own website?”
The number one reason is that your ultimate goal is to be on the first page of the search results and, if possible, in the top three listing. This is where the big money is made, not by a single sale on your site.
Apart from our website, we point every link on Facebook, Twitter, YouTube, Instagram, our blog posts and our email newsletter to one specific Amazon product page.
Youtube is the second biggest search engine in the world.
It’s really good to have a ton of reviews about your products on there so that you show up first in search no matter where they search for you.
Every case we ship includes a small booklet and two business-card-sized inserts with 10% discount codes for customers to give their friends or use on their next Amazon order of a KAVAJ product.
Customers are telling their friends about us and they’re buying more cases for themselves.
We also use our best customer testimonials to build trust.
We put our best quote on the outside packaging and, for our most important products, we include a customer case study inside a small booklet.
We spent a lot of money on Google in our early days. However, Facebook Ads and Amazon Sponsored Products totally changed the game.
Today, you should use Google AdWords as follows:
Without product reviews, you won’t sell anything on Amazon.
The amount and the quality of reviews are the most important aspects of your reviews to increase your conversion rate.
Unfortunately, only 1 out of 100 customers writes a review.
You can use tools like Feedback Genius to automate this process.
You can also use this opportunity to make sure the product was delivered correctly and give the customer a chance to tell you about their experience (good or bad) so you can make the most of the interaction and build lifetime brand loyalty.
People often confuse seller feedback with product reviews. Unfortunately, the often really good product feedback is not very visible for other customers.
Review your seller feedback regularly for people who actually provide positive product feedback and ask them via email to also write a product review.
Everything on the Amazon product page is public.
In particular, the reviews and comments sections will be read by almost all future customers. This is your chance to stand out.
Be sure to comment on any negative product reviews or on reviews where a customer has a question. This is your opportunity to build trust and increase your conversion.
Further, many customers who initially gave your product a negative review might even change it for a positive one because they are grateful that you cared about their issue.
The easiest way to get product reviews on Amazon is by simply asking customers who tell you how much they love your product.
Whenever you receive an email, a customer service call or positive feedback on your social media channels, just ask them politely if they are willing to share their experience with other customers on Amazon.
You can’t do anything wrong if your Amazon customer benefits. Amazon itself is the most customer centric company in the world. They expect the same standard from you as a seller.
Your best marketing tool on Amazon today will be outstanding customer service.
Your goal should be to create a “wow” experience which will help spread word of mouth.
This is the place where all your customers start their customer journey, read reviews, ask questions, check out your seller feedback and finally click the “Add to Cart” button.
I recommend implementing a daily routine for your product pages including the following actions:
The 2nd pillar of your customer service is email. You must answer all emails within 24 hours or faster and strive to resolve every customer service issue in a single communication.
I recommend to apply the following four principles:
Be responsive on your social media channels.
Your customers will talk about or to you and they expect you to engage with them on their favorite social media channel.
We recommend using Facebook and Twitter as your first customer service channels. You can exceed expectations here and “wow” your customers if you reply to all questions within an hour.
We also recommend creating a FAQ section on your website that answers common questions. Finally, offer an easy-to-use contact form on your website.
Last but not least, constantly keep in mind that getting your product to page one of Amazon search results is your main objective if you want to profit from the huge Amazon consumer base’s organic sales.
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