It’s time to prepare for Amazon’s biggest event of the year. Amazon Prime Day 2019 will be one of the biggest opportunities for brands to increase sales.
Amazon has revealed that this year, Amazon Prime Day will take place July 15 and 16. Offering millions of amazing deals during the 48-hour event.
If you’re a vendor or seller and haven’t yet set up Prime Day deals, nows the time to do it – before it’s too late.
Leading up to Prime Day, retailers need to ensure people can easily find your products when the day comes, and have an exceptional advertising strategy in place. Audit your best sellers!
Here’s what you need to do optimize your Amazon listings.
Ensure inventory prior to launch — so that you don’t sell out too quickly due to the high demand and traffic.
When running Sponsored Product ads, you’re bidding on phrases that relate to your product so that when users are performing queries in the search bar, you show up in the results. If you’re not on the first page, you’re most likely going to lose the sale to a competitor. Prepare to spend more on keywords to win the search on Prime Day!
Prime Day for shoppers is all about deals and discounts. So if you want to win the buy box, it’s crucial to have an effective and competitive pricing strategy.
Alternatively, sellers can think about bundling products together to stand out amongst the competition. Consider adding coupons to products to entice buyers.
Since Prime Day is geared towards Amazon Prime members, they automatically get free two-day shipping. Ensure you have enough inventory to match the demand, and that there are no hiccups when it’s time to ship out products. It should be as hassle-free as possible. Consider FBA (Fulfillment by Amazon) — Amazon can store all your products in a warehouse and takes care of packing and shipping for you. However, consider the number of products you have and how quickly you can sell your products because storage costs for FBA can add up quickly.
Even if you are not participating in Prime Day, or if you’re not a retailer, there will be a significant increase in traffic and eyeballs. So it’s important to anticipate this demand and leverage this to your advantage.
For brands that do not sell products on Amazon, you can still run display campaigns on Amazon. You can drive users to your Store, a product page, or even your own external website.
Create and optimize visual content such as Amazon Stores, A+ Content, and Enhanced Brand Content to give shoppers more info about your brand and your products.
Consider letting shoppers know about deals by using hashtags like #AmazonPrimeDay.
Create an Amazon store and direct users to that specific landing page — your own branded URL on Amazon, so you can promote your brand and multiple products.
Shoppers may experience buyers’ remorse or realize they did not need the item they purchased. It’s important to prepare for customer returns/customer service issues. This is where you can win and set yourself apart by offering best in class customer service. If you’re able to address/resolve the issue right away, and the customers are happy, not only will they continue to be a loyal consumer, but they can also help bring in more business by offering honest reviews that most shoppers look at before buying
After the dust has settled, start leveraging the data you’ve gathered. Amazon provides retail insights for your products, and you can also build out audience lists or lookalike audiences to reach net new users. Figure out what sold and what didn’t. For products that didn’t perform well, how can you improve?
If you’re looking for help with an Amazon Prime Day campaign, or any other Amazon advertising services, contact our team of eCommerce experts.