There are 2 main ways to increase profits. Sell more of your product or lower your costs. Your product is the most expensive cost in your business, but there are other important factors to monitor also.
In this article we cover the top ways to boost your Amazon profits.
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If you price too high, your product will not sell. If you price too low, you could leave a lot of margin and profits on the table. So how should you price your product?
In this article we cover the top pricing strategies you can use for your products in the Amazon marketplace.
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Reviews are critical to success on Amazon. They can boost your ranking, conversion and sales. Bad reviews can also wipe out your product business.
Knowing how to effectively deal with customer service issues is vital to the ongoing running of your business. In this article we cover our top tips for dealing with customer service issues on Amazon.
Customer service starts before the product even arrives in Amazon. If you choose a bad supplier and have a lot of defects – that will show up in reviews. So a lot of customer service is done by preventing issues in the first place.
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How Amazon ranks some products seems to be a mystery. Amazon is the only one who knows for sure how their ranking algorithm works – but there are ways to improve your product SEO. In this article we cover the top 7 factors for improving your product ranking on Amazon.
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Growing your business is the number 1 priority – but sometimes we hit a wall and find it hard to scale a product or brand. In this article we cover the top tips for boosting your product sales on Amazon.
Tip 1 Price
Of all the different strategies I have tried, from doing 1000+ unit promotions where I give away more than 1000 units for free, to spending thousands of dollars in pay per click, I found one strategy works best and quickly.
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What are conversion rates? This is simply the percentage of people that buy your product from all the people that visit your product listing?
Why is it so important?
Because doubling your conversion rate can mean you can make double the sales & profits – from the SAME number of customers.
Great right! So what should you do to improve this key metric?
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Amazon’s algorithm is secret and a mystery to most sellers. Nobody knows for sure exactly how to rank to the top of page 1 – but if you follow these simple guidelines you will definitely boost your rank higher.
A higher rank means more profits. In this article we cover our top secrets of Amazon SEO.
Continue reading “What factors affect Amazon Ranking & SEO?”
The more people that see your product, the more you will sell. On Amazon the number of page views your product gets is called “Sessions”. Below we will cover the best way to get more people looking at your product page.
If your conversion rate is 10% and you double your page views from 1000 views a month to 2000 a month, you will go from selling 100 units a month to 200.
Tip 1 Markets
If you only have 100 sessions a month, even if you convert 100% that’s only 100 sales. So boosting sessions is one of the fastest and easiest ways to boost net profit and unit sales.
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When a client lands on your product page – the images and text is what convinces them to buy your product. It is essential to convey the value of the product. In this article we cover the top 7 tips on copywriting for Amazon
Tip 1 Don’t be Too Technical
People want to know the benefits of the product for them.
Have you ever bought a pair of socks because they were 9 mm thick or did you buy them because the packaging told you that they were extra warm?
Try to turn all your major features into day-to-day benefits for your customers. Use language that anyone can understand.
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We are going to share our top 5 tips for boosting your sales on Amazon FBA.
#1 PPC
You are probably doing Amazon advertising already. But, most sellers do not optimize the PPC campaigns or use all the strategies available to them. Every sale through PPC boosts your organic ranking for your products leading to more sales.