Monday, 31 December 2018

Effective Product Marketing on Amazon



Amazon is the largest American e-commerce company.it is a cloud computing giant.  Part of Amazon's extraordinary impact stems from the sheer variety of its business lines and the way it effects our everyday lives. From producing movies to transporting freight, it plays in nearly every sector.

As much as Amazon has formed a wonderland of choices for customers, its increasing supremacy poses a test for those who have a product to sell. Sellers can hardly afford not to have an existence on the site. As a result, sellers gain exposure to massive audience and greater sales.

The amount of Amazon's addressable customers is likely the most noticeable advantage, but worth mentioning nevertheless. When you list your goods on Amazon, you have exposure to a huge pool of already established consumers.

As already mentioned that Amazon has already established consumers that no other site (shopify) can ever match. Due to exceptional customer service, sellers on Amazon get repeat customers.

The sellers have no worries of packing and shipping because Fulfillment by Amazon (FBA) takes care of it all.it is both a time- and money-saver and for prime members the shipment is also free.

Amazon’s algorithm lets consumers see a list of suggested products when on the site, and your product could catch the eyes of a customer when they’re not even looking for it.

But to take advantage of these benefits here are a few tips that the seller must keep in mind when using Amazon.

You have to pay to be visible
The positions for which sellers pay are growing at a fast rate. To the consumers, all the thing about “fair organic listings” are not as viewable. Initially this fair listing did worked but now it’s all about advertising the brand or product by paying for it. Only then can the brand or product be visible. The organic listing are almost drowned on mobile searches due to categories like top of the day or week.


Make an Impression
Brand impression is very important for sellers. Amazon asks seller to set some parameters each time seller makes a new Ad. These includes the bid and keywords. Whenever someone searches for one of the sellers chosen keywords, Amazon uses the information provided to make its search results page.

Sometimes it happens that two opposing Ads use the same keywords. Then the selection of ad to be displayed is done by Amazon. It chooses the winning Ad by examining a number of factors in a process known as price per click auction. Impressions measure how frequently sellers Ad has won such an auction, thus signifying how competitive the Ad is. So to improve the brand impression don’t neglect keyword bids. Even though you are within the Amazon platform, bids are similar everywhere. When bids are optimized on the basis of performance, they can really affect the productivity of a campaign. Checking on bids frequently will safeguard easy victory. 90% of increase in brand impression was observed by layering in display on top of search.

Filter
It is also very important to filter through all search terms that sellers keyword is identical to.  Make sure to include underachieving search terms as undesirable keywords. By doing this, seller can avoid spending money on search terms that won’t create profits.

Use pulsing strategy
Pulsing strategy using a little or no advertising all year round and maximum advertising during top selling periods. Sellers can use this strategy for the products whose sales increases at intermittent periods but are sold all year round.

In conclusion, for ecommerce business   Amazon is the right place. It’s an active platform to get products in front of the customers. By using the above mentioned tips, sellers can develop a solid advertising strategy to use Amazon.

Amazon Powerhouse



Amazon works in a wide strip of businesses from grocery to media to selling. Amazon is a new opaque player that holds its information and the way it measures ad usefulness to itself. It has emerged as the third-largest digital advertising company leaving both Verizon’s Oath conglomerate and Microsoft behind. It is right behind google and Facebook because of its access to abundant customer data and ingenious marketing strategies. More than Facebook and Google, amazon offers its users customer access and buying information that gives understandings about shopping behaviors, which can advise effective marketing campaigns according to the customer needs. It makes sense since it has customers so it has the valuable data regarding their like’s etc. leading to Amazon’s success.

Amazon accounts for only 4% of the market and half of online sales in the US so they are quickly expanding its marketing chances for marketers and hiring broadly in its marketing unit.

Compared to Facebook and Google, Amazon’s ad business is a baby, but it has the required materials to be powerhouse advertising business. The strategy is to target something more than merely hawking ad impressions. Mentioned below are a few perks that makes Amazon strong enough to be advertising giant.

Marketing Strategies
Advertisers are drawn to Amazon, because unlike some of its opponents, the site was built for buying things. That makes it a perfect space to shove products. Its massive success makes sense because advertisers know that public who visit the online retailer do so to buy; they aren’t just surfing the web. And so obviously advertisers would want to run ads selling their product on a site solely devoted for the purpose.

Sellers using Amazon have variety of selling and marketing options like:

  • Use video Ads
  • TV-style spots in live sports telecasts
  • Ads on the company’s FireTV device

  Amazon can also promote products across the websites that are not its own.


Amazon Media Group, provides the venders to make campaigns and run ads on Amazon by using advertising services provided. The marketing services include consumer interest targeting and campaign promoting one product that is keyword based.

Amazon Advertising Platform this service has two types. Either ad display is managed by Amazon or agencies can manage a self-service portal provided by Amazon. AAP uses the following ad types:

  • Desktop display
  • In-stream videos
  • Mobile banner or interstitial
  • Image and text

Retargeting
Amazon has developed this new strategy to retarget that depends on following

  1. Pixel placed on the brand site
  2. Purchase and surfing habit based on brand or product.

People that have previously used Google for advertising can understand Amazon Advertising Platform as the ads displayed and Amazon Media Group as the ad search. To reach new consumer and create brand awareness Amazon Advertising Platform provided advertising network is very good. If a seller wants to capture people’s attention, desire to purchase and experience phases of purchase, Amazon’s AAP ad types could be used, bringing possible new consumers to make a purchase intent and decision.


Ever growing Firm
Through its growing collection of consumer services, Amazon constantly develops new ad units. Like just recently Amazon has launched the idea of sponsored ad for products. They are continually experimenting. As a result, it offers a heterogeneous choice of ad units on Amazon .com such as custom display units, product pages and brand stores

Conclusion
Amazon has almost everything that makes it a marketing powerhouse. It’s got extraordinary data, a swift tactic and a name that consumers recognize and love. Compared to Google and Facebook though, Amazon’s ad services are somewhat budding. But keep in mind its primary business is retail and that is flourishing. Just like that the advertising services provided by Amazon is also very attractive and lucrative. Sellers take note.