With almost 2 quarters of the year gone by, Amazon sellers must start gearing up for the next year in order to stay ahead of the competition and rivals. If you are of the notion that you are the only one preparing ahead of the start of the next year, you are highly misjudging others, who might be looking for fresh ideas, strategies and initiatives to beat others in order to increase their sales volumes.
Seller’s market in Amazon is a race which every seller is determined to win and beat others in the competition but here, being first doesn’t matter at all; being unique and different with ideas and approach will help in winning the race, thereby, customers. As a seller, it is imperative to know your strengths and weaknesses and work around them to pull more customers towards selecting your products and build brand loyalty among the customers you have managed to attract.
Well, let us move further to understand the top 5 marketing strategies that will help an Amazon seller achieve their sales goals.
1. Market research is the key
Amazon is the biggest e-commerce marketplace with millions of buyers looking for products they require or want. As a seller, it is imperative to understand what the customers want and ways to make sure you supply exactly and here, market research plays an important ally in determining the needs and wants of the customers. Market research and surveys will help in knowing how you can use your products as an opportunity to reach out to the potential customers.
Market research can be conducted in various ways – questionnaires, online polls, direct questioning and such. Most importantly, you need to identify the research tool that will yield correct information and data and launch it at the correct time.
2. Get reviews for your products
About 80% of the customers prefer to buy the products listed on Amazon based on the reviews the product has from users. More favorable reviews will result in better sales. Have your users review the products and rate them online. This will prompt the buyers to complete the purchase. As a buyer, I would never any product that does not have positive reviews or any review for that matter. Having video reviews or images from the customers who bought the product will be as good as personal recommendations.
3. Offer discounts on regular basis
One great way to build a lasting relationship with your buyers and keep them coming back for your product is offering good discounts. It is a natural human tendency to go for products that have words like ‘discounts’ or ‘on sale’. Optimizing this tendency, offering discounts and offers on products will prompt the customers to convert the items into sales.
Daily deals will take you the top position in the Amazon Homepage listings under ‘Hot Deals’, or “New &Noteworthy and will help in generating better traffic to your product and also, to the related products that you might be selling on Amazon.
4. Don’t forget your mobile users
Smartphone users constitute the highest buyers on Amazon. Smartphone users prefer to search for products and make a purchase using their phones instead of turning on the laptop and opening the website; it feels tedious and having the app on the phone makes it easy and simple. Having a responsive page for your products is a must on Amazon.
At the same time, it is important for the sellers to have different strategies for various devices that will prompt the mobile users to buy the product using their phones.
5. SEO Improvement
Amazon looks for the pricing and reviews in order to rate the products and place them in various categories, but it also looks for keywords that prompt the buyers to look for the products. Right keywords yield the result that you want when the buyers are making a search for products. Improve your SEO strategies and efforts in order to be on top of the search result pages and make the search more organic. Use Amazon Keyword tool to generate the long tail keywords that will work the best for you.