Amazon FBA- How to Increase Sales on Amazon | Business Plans for Beginners My personal Experience on WordPress.com
Hey, everybody in this article, we’re going to cover the top 7 tips for boosting sales on Amazon. If you want to grow your business and get top seller rank on amazon you must need to know this 7 tips.
Let’s see the tips for increase Sales on Amazon
1. Tips For Price
All of the different strategies I’ve tried from doing 1,000 or more units promotions where I gave away more than a thousand units for free. To spending thousands of dollars in pay-per-click I have found one strategy that works the best and the most quickly.
It’s a simple lowering your price to be hyper competitive. now. If you have a great listing a good number of reviews that are overall positive and then you’re selling it $10 when the competition is it $20 that can rapidly boost your ranking in sales. At this kind of price level, you’re not going to make much profit but it’s simply a strategy to accelerate your cells velocity. Once, you rank higher you can increase your price slightly and recoup some of the profits. Now, it’s the only strategy where you don’t have to spend money up front and with a pay-per-click campaign or promotion you have a cost for every unit. Sold by lowering your price to break even you aren’t losing any money but you aren’t making any profit either but the point of it is is to boost the ranking of your item. And this strategy doesn’t work for new items because you need some traction already which you can only get from an existing product.
2. Pay-per-click (PPC)
If you haven’t already done so switch on your pay-per-click campaign. Starting with an automatic campaign. You can optimize Amazon ads. So that, you make two dollars or more for every dollar .that you spend the extra sales are going to also boost your conversion and your sales ranking for organic searches for your product.
3. Optimize The Listing
Simply adjusting your title or your main photo could boost sales as much as 20 to 50 percent. Now, you need to test the different options for all of the key elements of your listing and you can do this automatically using cash cow pro. Eye Catching Product Descriptions Increase Amazon Selling Performance.
4. Promotion for Boost Ranking
A promotion of fifty to a hundred units is probably the fastest way to rank in the new item and get it selling. I recommend giving at least 50 units away for free because that way you get the reviews and you increase your sales velocity. See it as an investment in your future profits and you can also use the review club on Cash Cab pro to give away these units to qualified Amazon reviewers.
Once your item is established and has good feedback and some sales you can also use ongoing promotions to boost your ranking. Boosting your best seller rank and position for your main keywords is going to result in more organic sales and new products need to be given away free to get it going. But for products with a track record of a fifty to seventy percent discount will attract more reviewers.
5. Bundle For Boost Sales
Way to boost sales is to give double the value of your competition. If they’re going to sell an item for $20 you get offered 24 25 or more. the manufacturing cost is a small fraction of the overall product price. And something selling for $20 might have a cost of $3 a unit. So, a two pack would be around $6 a unit you might not make any extra margin because you’re including a second unit but you’re making your listing much more appealing to potential customers which is increasing your total sales.
6. Marketing Off Amazon
You can set up Google Product Ads for your item and just like Amazon pay-per-click campaigns. You could be making $2 for every $1 that you spend on ads. You need to experiment with different keywords and measure the profitability of each. This is an effective way to boost sales with a small investment that pays back very quickly.
7. Magazine Ad
Your product might be suited to offline marketing. And very few Amazon sellers advertise outside the channels that most people use. They may be on Facebook, Pinterest, in google but there might be 0 competition and other channels.
For example. if you’re selling CrossFit products you could reach out to all the CrossFit blogs and magazines and ask them to feature your products with the discount for their readers or, you can just advertise directly in their content. This is an untapped channel for most products on Amazon. and you could stay in the ad that the product is fulfilled by Amazon which will build a lot more trust in readers than an unknown provider.
Originally published at allbusinessstrategies.wordpress.com on March 16, 2017.