Explorez tous les épisodes du podcast Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart
| Titre | Date | Durée | |
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| #594 - Advanced Amazon Tools for 7+ Figure Brands | 07 Sep 2024 | 00:35:18 | |
Join us for an inspiring episode where we feature two incredible guests, Chris Zurcher and Sarah Chung. Sarah shares her unique journey from a small port city in South Korea to the bustling South Bay area of Torrance, California. Her story is filled with determination and resilience, reflecting on her family's move to the US for better opportunities and her professional growth at Helium 10 over the past three and a half years. Sarah's first appearance on the podcast gives listeners a heartfelt glimpse into her personal and professional life. Chris, a familiar voice from previous episodes, reconnects with us to discuss his fascinating transition from an Amazon seller to a valuable member of the Helium 10 team. With a background in acting, photography, and Division One basketball, Chris shares his reasons for moving away from Amazon selling and his passion for supporting sellers through Helium 10's platform. We explore the current challenges Amazon sellers face in 2024, such as increased fees and competition, and how Helium 10's data-driven tools can provide the necessary insights for success. We also dive into the advanced features of Helium 10's Supercharge plan, which offers enhanced tools and customizable options to meet the specific needs of businesses. From market data and consumer behavior analysis to custom plans and dedicated customer success managers, Helium 10 provides comprehensive support for sellers. Finally, we highlight the benefits of connecting with experts like Sarah and Chris for enterprise-level assistance and share fun, creative ways to make your interactions with them memorable. Don't miss out on these engaging stories and valuable insights that can help take your Amazon selling to the next level! In episode 594 of the Serious Sellers Podcast, Bradley, Chris, and Sarah discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos | |||
| Helium 10 Buzz 9/5/24: WFS Fulfills Beyond Walmart | MCF Faster Delivery | TikTok Ban Impact | 05 Sep 2024 | 00:14:07 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, talk about Helium 10’s newest features, and provide a training tip for the week for serious sellers of any level. Amazon checkout process hits technical snag during Labor Day sale https://www.cnbc.com/2024/08/30/amazon-checkout-process-hits-technical-snag-during-labor-day-sale.html Walmart wants to beat Amazon at its own e-commerce game https://www.foxbusiness.com/lifestyle/walmart-wants-beat-amazon-its-own-e-commerce-game Walmart to Compete Directly with Amazon on Marketplace Logistics https://www.webpronews.com/walmart-to-compete-directly-with-amazon-on-marketplace-logistics/ Most retailers not prepared for a TikTok shut down https://www.retailcustomerexperience.com/news/most-retailers-not-prepared-for-a-tiktok-shut-down/ Amazon launches AI shopping assistant Rufus in the UK https://finance.yahoo.com/news/amazon-launches-ai-shopping-assistant-121706169.html? Temu and Shein packages are flooding delivery networks. Will the surge persist? https://www.retaildive.com/news/temu-shein-shipping-delivery-industry-impact/725707/ For Amazon sellers, we've got game-changing strategies up our sleeves, featuring a deep dive into Helium 10’s BlackBox tool Competitor tab. Learn how to pinpoint your closest competitors through shared keywords, supercharge your product listings, and fine-tune your Amazon PPC campaigns to stay ahead in a fiercely competitive market. Don't miss out on this invaluable news and insights! In this episode of the Weekly Buzz by Helium 10, Bradley covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Shivali Patel: Walmart now offering competitive rates to fulfill orders beyond its platform, Amazon, rolling out faster delivery options for multi-channel fulfillment and potential regulation changes that could affect pricing on Temu and Shein. This and more on this week's episode of the Weekly Buzz.
Bradley Sutton: How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That is our Helium 10 Weekly Buzz, where we give you a rundown of all the new stories that are going on in the Amazon, Walmart and e-commerce world. We highlight the latest new feature alerts from Helium 10, and we review a training tip of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Today, our host is going to be Shivali Patel, and so, Shivali, take it away and let us know what's buzzing.
Shivali Patel: First up, we have this news article from CNBC discussing the technical snag Amazon faced during its Labor Day sale. On Friday, customers were unable to complete purchases due to some technical issue in the checkout process. Sometimes the consumers would encounter error messages featuring Amazon's famous dog photos. This glitch occurred just as Amazon was rolling out major discounts for the holiday weekend, frustrating those customers eager to grab deals, leading to it quickly becoming a topic of conversation for social media. For sellers on Amazon, this should serve as a reminder for you guys of the impact that technical challenges can have on sales, especially during big promotional events. While Amazon saw a robust $148 billion in the second quarter, things like this can really damage both sales performance and consumer trust. So, as that holiday season peaks around the corner, make sure that you guys are staying vigilant during peak sales periods to manage your customer interactions and monitor any potential issues that could affect your business.
Shivali Patel: Next up, some Walmart news. We have Fox Business reporting on Walmart stepping up its e-commerce game with bold new strategies aimed at expanding its product offerings. Currently dominating brick-and-mortar retail, Walmart has only a 6% share of the online marketplace, compared to Amazon's commanding 38%, but they're working hard to close that gap. Walmart's leveraging its vast physical store network as fulfillment hubs, while increasing its focus on its online marketplace. The company's actually been rolling out new categories, such as the premium beauty category. This is gonna feature brands like T3 and CauseRx if you've heard of them and they're launching initiatives like Resold at Walmart for pre-owned goods on the Walmart marketplace, which is designed for sellers like you and I, not to mention that Walmart's marketplace has achieved over 30% sales growth for four consecutive quarters and while it's not at Amazon's level, this expansion is only one more reason for you guys to begin considering Walmart as a viable e-commerce platform. If you're not actively selling on it. Increase competition or new opportunities to diversify sales channels and take advantage of Walmart's lower fees and growing customer base. You decide. And this leads me into the next news piece from WebPro News.
Shivali Patel: You guys, if you didn't know, Walmart now has a Walmart's multi-channel solutions program, which allows sellers to fulfill orders from any e-commerce site using Walmart's fulfillment services, offering competitive rates that are 15% lower than its competitors. I mean talk about making the platform an even more attractive option for third-party sellers. Starting September 10th, sellers will be able to use Walmart's extensive warehousing, delivery and return services to fulfill orders from other e-commerce platforms, including Target, Etsy and even Amazon itself. This initiative expands Walmart fulfillment services and directly challenges Amazon's fulfillment by Amazon model, allowing sellers like you and I to manage logistics with Walmart's resources For sellers, using Amazon or other platforms. So if this is you, this means you will now have an alternative fulfillment solution that offers cost-effective logistics, helping you streamline operations while reaching customers across multiple channels. Walmart's logistics services will feature plain, unbranded packaging and two shipping options expedited and standard, though there are going to be some limitations for specific products, like multi-box orders, so just make sure that you read up on those things. Despite these challenges, Walmart is aiming to reshape the logistics landscape and offer more flexibility for sellers across the board. This, you guys, has really big implications for e-commerce and, as a seller, I would just encourage you to keep an eye on how this logistics network evolves over time and provides even more opportunities for growth.
Shivali Patel: Okay, let's switch over to TikTok. A news report from Retail Customer Experience has revealed that, while a majority of retailers 68% of them believe that a potential ban or sale of TikTok would negatively affect their business, only 28% actually have some sort of contingency plan in place. TikTok has become a crucial platform for product discovery, with over two-thirds of the actual consumers finding products on the app and then purchasing them elsewhere. So I would say for Amazon and Walmart sellers, this sort of uncertainty around TikTok's future could potentially pose a disruption in customer acquisition, particularly as 81% of retailers are actually using TikTok to sell directly to consumers. I think we all recognize how monumental viral content can be for a business, and it's no secret that viral content on the platform has led to issues like stockouts and delays. So are you prepared for any impact associated to a possible shutdown? According to the article, 73% of consumers plan to use TikTok as inspiration for their holiday shopping and 59% intend to make purchases directly through TikTok shop, whereas 39% of consumers named Facebook as the platform where they will spend a majority of their time if something happens to TikTok, meaning that there is going to most likely be increased competition for attention on those platforms, on the social media platforms that are not TikTok, where people are finding inspo. Consider diversifying your marketing channels from now and create those contingency plans to prepare for the potential loss of TikTok as a sales tool.
Shivali Patel: Now I'm not saying that it's gone just yet, but be prepared is what I'm getting at. Of course, quite a bit of things are category dependent, but as the holiday shopping approaches, I really think it's important to have a robust strategy across multiple channels, and that will be paramount to maintaining visibility and customer engagement. All right now directly from Amazon and you can find this inside of Seller Central News. But Amazon just rolled out faster delivery of multi-channel fulfillment orders, and this gives sellers a big advantage in meeting customer demands. The updated delivery speeds come at no additional cost, and standard delivery has improved to three business days, which is down from five business days. Expedited delivery has improved to three business days, which is down from five business days. Expedited delivery has improved to two business days, down from three, and priority delivery has been discontinued. Any new orders will be charged at the expedited rate. This improvement means your customers can enjoy faster shipping, helping you boost satisfaction and sales across your channels. Take advantage of these updates to grow your business by providing even quicker delivery. For more information, you guys can just go in and tap this link right here.
Shivali Patel: In other news, amazon just introduced its newest tool in online shopping an AI-powered assistant named Rufus. Are any of you guys familiar with it? Let me know in the chat. I feel like I've mentioned this before on Buzz, but I was in the UK just a couple weeks ago and actually got to see this during my shopping experience in the app, so it's now in beta for select UK customers. Rufus is designed to enhance the shopping experience by answering your customer questions, offering personalized recommendations. Like, let's say, you say I'm preparing for a camping trip. It would give you recommendations based off that and just helping in general with product discovery. So, using Amazon's vast product catalog and web data, rufus can assist with everything from suggesting the climbing gear, the camping gear, to comparing products like lip gloss versus lip oil, and I think for sellers, this represents an interesting and exciting development in how customers can find our products. So, with Rufus, shoppers can save time and make more informed decisions, ultimately improving the overall experience and potentially driving more sales. This AI integration really highlights the future of e-com, you guys, and it's only going to continue to evolve. As Amazon continues to roll out this tool, I anticipate that more AI-driven features will come out that can change how customers interact with our products, which is why, of course, you'll want to keep tuned in to weekly buzzes to ensure maximized product visibility.
Shivali Patel: And finally, let's talk about Temu and Shein, as they've surged in popularity, now sending about 900,000 packages daily. That is insane. That is a lot of packages, and I know a lot of you are concerned on whether this signals incoming price wars. These packages enter the country using the D Minus exemption. Now this helps keep shipping costs low, which allows the company to offer highly competitive prices. However, increasing scrutiny from lawmakers could actually impact this exemption and potentially affect both companies and the carriers that depend on their volume. What I mean by this is parcel carriers like UPS have seen notable growth with the rise of Temu and Shein, and both rely on low-cost shipping rates, which help them keep their product prices affordable, while slower delivery speeds 6 to 22 days for Temu and then 10 to 13 for Shein are the trade-off for shoppers. The high volume of packages keep those carrier trucks full and routes efficient. However, if regulatory changes alter the shipping process, costs could rise, impacting the current delivery boom. So keep an eye out for any potential changes in regulations. With that, that is it for this week's news.
Shivali Patel: Now let's talk strategy. Let me show you how you can easily find your closest competitors for any Amazon product. Now, why is this important and how can it help you make money? Well, if you're researching a new niche, you need to understand who your competition is. Who do you need to watch out for? Who should you study at the keyword level to understand where they're getting their sales from? This tool will help you do just that. Using Black Box's competitors tab, you can input any ASIN that has some sort of history, something that's sold decent volume, and you'll want to avoid new products that aren't ranking yet, because the tool works best with established products. What it does do is it shows you the closest competitors based on how many keywords they rank similarly for. So, for example, let's say I were to input something in like an LED makeup case, I would see other products that are ranking high for the same keywords that that LED makeup case is ranking for, such as lighted makeup case or LED makeup bag.
Shivali Patel: Let me actually share my screen and show you how it's done. You're going to navigate over to the fourth tab inside of Black Box, which says competitors. You're going to input in your own products ASIN or, let's say, a competitor's ASIN, which is what I'm doing, and then click search. In doing so, in my case, I got back 187 products here. So in my case, I got back 187 products here. If you are unfamiliar with the P index that's listed right here. This is what it is sorted by default. It tells you how closely related the products are based on shared keywords. So a product with a higher P index, closer to 10, means that the product is ranking for many of the same keywords as the one that you entered. Now. This is useful because you can immediately gain insight into how relevant these products are compared to yours.
Shivali Patel: A lot of what we're looking at here in these results is makeup cases. They're just a bunch of additional makeup cases. However, you really never know Like. When I run the same search, typically with coffin shelves, I see other products like makeup shelves, spiderweb shelves or even goth themed items. So, depending on your niche, running the search is really really great for understanding what other products are closely competing with yours. From there, the next step would be to take these and jump into Cerebro to check out exactly which keywords these products are ranking for. From here, the next step would be to jump into Cerebro to check out exactly which keywords these products are ranking for. From here, the next step would be to jump into Cerebro to check out exactly which keywords these products are ranking for, or even take one of these products and start a fresh competitor search inside of Black Box to dive a bit deeper. Or let's say that you need to discover which products to target for your sponsored display or sponsored product campaigns Products that you know have a better offering or maybe some incentive over, so that if you appear on their product pages, you could potentially capture the sales.
Shivali Patel: You can just use the filters at the very top to narrow down your search, and that is going to be these filters right here. So let's say, for example, you are looking for products that have fewer reviews than yours you would input in a max for review count. Or maybe you're looking for products that have fewer reviews than yours you would input in a max for review count. Or maybe you're looking for the ones where your product is actually priced a little bit lower you can type in a max for price point. So, in short, guys, this tool is invaluable for competitor research, generating PPC targets or identifying product opportunities in your niche. If you're seeing irrelevant products after the top five or so, then that's a sign that there are not many close competitors, giving you even more insight into the market space. Okay, that's a wrap. Hope you enjoyed this week's episode. We'll see you next week to see what's buzzing. | |||
| Helium 10 Buzz 8/15/24: Prime Exclusive Discounts Now Cost $50 | Amazon Prime Big Deal Days Coming | 15 Aug 2024 | 00:12:59 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, talk about Helium 10’s newest features, and provide a training tip for the week for serious sellers of any level. Let’s take a closer look at the anticipated Prime Big Deal Days and speculate on the potential dates for this high-stakes event. And just when you thought Walmart was keeping quiet, they've rolled out Walmart Cross Border, a service designed to challenge Amazon Global Logistics with efficient port-to-door shipping for goods manufactured in China. Tune in to understand how these changes might alter your business strategies in the upcoming shopping seasons. Walmart opens ocean shipping network to marketplace sellers https://www.retaildive.com/news/walmart-china-cross-border-shipping-service-marketplace-sellers/724202/ But that's not all—AI is revolutionizing the way we shop and sell online. From helping consumers find the best deals to potentially reducing the advertising burden for sellers, AI-powered search tools are transforming the e-commerce landscape. Whether you see AI as a friend or foe in your selling journey, it's crucial to stay informed. I've got all the insights you need, along with a must-read article linked in the description for a deeper dive. Recent Google Ruling May Open Door to More AI-Powered eCommerce https://www.pymnts.com/news/ecommerce/2024/recent-google-ruling-may-open-door-to-more-ai-powered-ecommerce/ Don't miss out on this week's buzzing news roundup that's packed with actionable advice and expert insights. In this episode of the Weekly Buzz by Helium 10, Bradley covers:
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| Helium 10 Buzz 1/18/24: Amazon Shopping AI Live | New Walmart PPC Ads | Germany Helium 10 Event | 18 Jan 2024 | 00:18:33 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Amazon launches generative AI tool to answer shoppers’ questions https://www.cnbc.com/2024/01/16/amazon-launches-generative-ai-tool-to-answer-shoppers-questions.html FedEx announces its own commerce platform for merchants https://techcrunch.com/2024/01/15/fedex-announces-its-own-commerce-platform-for-merchants/ Amazon May Start Charging Users for Certain Alexa Services https://www.mensjournal.com/news/amazon-alexa-plus-subscription-service Helium 10 Elite / AVASK Plus Workshop: A Day of E-Commerce Mastery in Frankfurt, Germany h10.me/avaskgermany The discussion concludes with a dive into using Amazon’s brand analytics data together with Helium 10’s Black Box to unearth niche keywords and product opportunities, offering you three different sets of strategies for identifying market gaps and leveraging data to enhance your Amazon-selling game. Join us for an episode that's not just about the news, but about giving you the insights and strategies to level up your Amazon journey.
In this episode of the Weekly Buzz by Helium 10, Bradley covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton: Amazon has started rolling out its consumer side generative AI shopping assistant. FedEx making an e-commerce marketplace. Walmart, sponsored brand ads and video ads, have a beta launch. A first-ever Helium 10 workshop in Germany next week. This and more on today's episode of the Weekly Buzz. How cool is that? Pretty cool, I think. Hello, everybody, and welcome to another episode of the series sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That is our Helium 10 Weekly Buzz.
Bradley Sutton: We give you a rundown of all the news stories and articles that's going on in the e-commerce world and we give you training tips of the week that will give you serious strategies For serious sellers of any level in the e-commerce world. Let's see what's buzzing. We've got a lot of articles today, so let's go ahead and hop right into it now. The first one here is actually from CNBC and it was an article Entitled Amazon launches generative AI tool to answer shoppers questions. Now, this is pretty interesting because you know we've been talking about this for over a year, about how amazon has been testing Different tools and they're going to be coming out with things that allow the consumers you know, like shoppers of amazon to perhaps have generative AI like Conversations when they are shopping. Now it hasn't gotten to that point yet. However, something new that has been spotted in the wild I haven't seen it in my app yet is that there's a prompt that asks customers questions about a specific item and then it returns an answer within a few seconds by summarizing information collected from product reviews and the listing itself. Now something to note again. Like I said, this is not some conversation like you can. You can do with ChatGPT. It says, unlike open-art ai's ChatGPT, amazon's new feature isn't equipped to carry out a conversation, but it can respond to creative prompts. It says on a listing for a woman's vest, it could write a haiku about the product.
Bradley Sutton: How that Is going to help us sell products, I'm not sure. So take a look here. It says it was also able to describe the item in the style of Yoda from star wars. All right, and it actually had a screenshot of this. So I guess somebody who has this app they typed in Can you describe the product as if you are Yoda from star wars? And then the answer that this amazon app says Yoda why is jedi master would describe this product thusly. And it says crop puffer vest. Women wear zipper closure. Yes, okay, I'm sorry that was a bad Yoda impression, but literally I wasn't making that up. This is a screenshot from this article and it it answered about this product in this style of Yoda. Again, I am not sure how that is going to help us sell products. There's probably a lot of other things. I wish amazon might Maybe put a little effort into more than Allowing its ai app to respond in the or not in the voice, thank goodness, but in the tense of or the form of Yoda. But hey, it is what it is. Um, technology is getting kind of scary. Could this, you know, a future iteration of this actually help sales for us? Maybe it's too early to see so generative ai it. It's not coming anymore. It has come All right, so look out for this in your amazon app.
Bradley Sutton: Next article is actually from tech crunch and it's entitled FedEx announces its own commerce platform for merchants. Now, right off the bat, let me just go ahead and say you know, I did a little clickbait. I said, oh, this might be a marketplace, no, FedEx says it's not a marketplace. it's this new commerce platform they're calling fdx, all right, and it's in private preview, with a wider launch schedule for fall of 2024. Now it's not really known what in the world it's going to be. You know, like they said, it's not going to be a marketplace. However, they did purchase this service called shop Uh runner a couple years ago, or a few years ago now, and it allows people to see estimated delivery time on websites, handle shopping carts, track packages, record carbon emissions for those who are interested in that managed returns, etc. You know, but they specifically says we are not in the business of the marketplace, we're trying to help businesses build the best possible experience From demand to post purchase.
Bradley Sutton: So, like I'm just confused, like I have no idea what the heck this is. You know, since, since FedEx is not, you know, really being open with it, but you know, shots were fired Earlier this year or last year. Now when, when Amazon's like, hey, we're gonna be a shipping company. Now you know, like you don't have to be selling products on FBA, you can use Amazon as a shipping company, like that's like direct competition for FedEx and UPS. So FedEx is like I'm gonna clap back at you right and say, alright, well, let's get into the commerce game. How they're gonna do that? I'm not sure are they gonna be successful, who knows? But be interesting to watch out if there's a new player on the block.
Bradley Sutton: Going back to the articles, men's journal comm had something Says Amazon may start charging users for certain Alexa services. They're gonna launch this thing called Alexa plus later this year and they're gonna be able to have exclusive Features and it's gonna be the revitalized, subscription based version of its voice assistant June 30th. Now this is another one I'm very skeptical about. I mean, alexa has not really improved in years, you know, and it's been struggling. I, if I were Amazon, I would not be trying to put a price tag on it Until it was proven to really really be better, because I'm just not sure that Alexa is worth any kind of money. Well, I know Alexa is not worth any money. You know nobody's gonna pay extra money for it now. Now Could they make something super cool again using generative AI? That would make it worth couple bucks a month potentially. But let's see. You know, the thing that affects Amazon sellers is Are more people gonna be shopping on Alexa because of some new features it might have? That's to be determined. Now that's gonna affect us, like not many people I know ever buy anything on Alexa, but if that changes, that would be very helpful to Amazon sellers.
Bradley Sutton: Next article was actually an email I got from Walmart, so guys, check this out. If you got the email, you might be on this beta program where they say, hey, Walmart connect is it excited to inform me that we are testing sponsored brands and sponsored video inventory on browse and topic pages on Walmart site, starting last week actually, and it's gonna run a minimum of four weeks. All right, we have generated next Recommended next step, so check if you got this email and you can click on it. It says, hey, all self-serve sponsored search advertisers With scheduled live or net, new sponsored brand and sponsored video campaigns will automatically be updated and part of the test and they gave a couple of screenshots of how sponsored brand ads might look looks very similar to what we all know and love in Amazon Advertising. So check your email, whatever your Walmart email is, if you have that Next article is actually not article, but it's from the seller central dashboard and this is an update of something previously announced and it's Entitled automatic closure policy for shipments will be updated on February 1st.
Bradley Sutton: All right, so this was announced before, but they clarified it a little bit. So let's say this is again Effective February 1st. Let's say you create a shipment, all right, using the send to Amazon workflow. So so you're trying to send inventory into Amazon from your let's just say, your own 3pl here in the United States or in Europe. Domestic shipment, in other words, from US addresses, if it has not arrived within 45 days After the shipment creation date, the Shipment will automatically be closed, all right. Or I mean, if it doesn't arrive within this, this time of the policy now for International shipments, that means you create a shipment that's going to be coming from your Chinese or Indian or Pakistani Factory. Well, you're gonna have 75 days from the shipment creation date. For most of you this doesn't have. You know this might not affect you, but but what if they're shipping delays? Or maybe you accidentally, you know, create your shipment too early and then you know Chinese New Year's came, you know, like what's happening right now, and then it delayed your shipment a month. You know, could you be pushing this time limit? It's, it's a possible. So just take a look at this in your dashboard if you have any questions. They clarified a couple of things, but you can't just create open-ended shipments anymore and, you know, expect five years later, or five years or five months later for Amazon to accept your package.
Bradley Sutton: One last news article from the seller central dashboard this was from last week and it's something new on Amazon where it says reduce customer returns recommendation. This is in the growth opportunities tool and it's supposed to gonna tell you, like the financial impact of Money you could have gained over 90 days if you've done the recommended actions. This I can pretty much take with the tiniest grain of salt I have ever eaten, because I have never found value in these Estimations that that Amazon gives and I'm not trying to throw Amazon to the bus, I'm just keeping it real, guys but I haven't seen anything that gives me faith that this algorithm is gonna work. That being said, the reason why I'm bringing this up is because there's gonna be some recommendations that's gonna have. Now, this could be potentially, you know, beneficial. You know, forget the what's the potential impact. Just being able to see what the Amazon algorithm Thinks you should do will be interesting because it's supposedly, as this article says, it's gonna be based on Customers, customer issue trends and reviews and it's gonna compare your listing to other top-selling brands. Now that is something I could see that could be helpful where, hey, here's a brand that has a similar product and it's a really selling well and they've got, like this field filled out that you don't have filled out now. That could be Beneficial. The other thing that seemed interesting, but again I'm skeptical on, is it said hey, find out whether placing content in the title bullets or product description of your detail pages, we'll have the greatest impression on customers if they're just making this up, you know, like I'm pretty sure that us experience Amazon sellers probably no better than Amazon as far as how the algorithm works, as far as things like this. But again, if they've got some advanced new information that that is coming out, this could be a potential way to have insight into the Amazon algorithm. All right, so so look out for that on your, your dashboard as well.
Bradley Sutton: Last thing, again, next week, a chevalier myself will be in Germany, Frankfurt, Germany. We are gonna be at our very first ever all-day event that Helium 10 is doing together with the VASC. So if you'd like to attend, go to h10.me/avaskgermany. It's only 75 euros to attend all day. We've got tons of speakers coming from multiple countries All over Europe. I'll be there myself. We're gonna have a networking social. We're providing food. It's gonna be in the Frankfurt airport, all right. So, like I don't care where you are in Europe, you're, you're like a Ryan air 30 dollar Ryan air flight away from Frankfurt. You don't even need to get an Uber. You just walk out of the terminal and you're right there. All right, guys. So again, h10.me forward slash a VASC Germany. Please come out. It would be great to see you all and meet you guys in person next week, on the 25th of January. All right, that's it for the news this week.
Bradley Sutton: Next up, let's get into our training tip of the week, and actually it's multiple ones. I want to spend just a couple of times just showing you the power of the new Helium 10 tool that came out a few weeks ago in black box, called ABA, top search terms, which is for Amazon brand analytics. The possibilities are endless with the kind of research you can do, so I just picked a couple of scenarios here to show you. Let's pretend that you have a product or a factory that makes products made of bamboo. I actually have a brand that makes bamboo products and you're like hey, what are some trending bamboo Keywords, right, so. So then you go in and you go into black box, you go into the new tool, aba, top search terms, and then what you can do is you enter bamboo, just like you would in Amazon brand analytics inside of seller central. But then now I can enter in other things, like, for example, I'm gonna enter in the helium minimum, Helium 10 search volume of 500. I'm going to say, hey, I want to see where the top three clicked ASINs, okay, per brand analytics have a total of less than 200 reviews. Meaning, hey, these the top products in this keyword, they're not even, they don't even have that many reviews Overall. There might be some. You know room for me.
Bradley Sutton: And take a look at the keywords that came up here. You know we've got like bamboo cool underwear here, bamboo boxer briefs. I'm already seeing like a you know some, some trends here. And then, as I scroll down here, this one jumped out to me bamboo lampshade. And right here in this brand analytics tool I can see, wow, okay, this has a thousand search volume. It's increased 35% this search volume over the previous week. And then I'm looking at these top three clicked and, yeah, these are products are fairly new. Look at this, the number one clicked item for this keyword only has five reviews. All right, so let's just go ahead and take a look at this on Amazon and I can see this Amazon page, like you know, the number one, page one, position one, only has 14 reviews. Position two, six reviews. Position three has a hundred reviews and it's sold a hundred units. So this is pretty interesting. You know, like I found a new niche, potentially for myself, if I'm selling bamboo products, just by using the brand analytics data together with Amazon or Helium 10 data allowed me to find this new niche. So guys, play around with that.
Bradley Sutton: Option number two let's just say, hey, I'm doing some, some new research and I'm like, hey, I want to see a keyword that, per brand analytics, the total click share of the top three items are 70%, meaning that the top three click products. If you add up how much percent of the clicks they get, it's over 70%. But if you add up their conversion share, meaning what share of the sales of this keyword do these top three click products have, it's less than 35%. What does that mean? Think about that for a second. Theoretically speaking, if, if all products and listings were created equal, if there is a listing that or some listings that get 70% of the clicks, well, it should have 70% of the sales, right. But most, most keywords, most products are not created equal.
Bradley Sutton: Sometimes people click into a product and they're like, wow, this is amazing, so it's conversion rates going to be super high. Other times, everybody's clicking into products and it's like, nah, we don't like this, this listing sucks, this product sucks, whatever right, and the conversion rates going to be lower. So that's what I'm looking for. Show me where there's a lot of buyer intent for three products. That means whatever they see in the search results, it looks good. So if they click it, it like 70, 70% of all the clicks for a keyword. That's a lot right, but everybody's clicking out of it and buying another product that wasn't even one of the top three click. So that's literally what I'm looking for here, using brand analytics. You know you can't do this in seller central unless you download stuff and make some pivot tables.
Bradley Sutton: I'm also using some other Helium 10 data points like hey, I want these keywords to have 2000 search volume at least and at least three word count. I want these keywords. It not only has to match everything I just said, but I wanted to have a search volume trend that's going up. I want to see this going up 50% week over week. Search forms, like it's a trending keyword. And then take a look there's a hundred and 78 keywords that that had this like look at this one human dogbed that that's a crazy keyword. Human dog bed has a 500% increase in search volume. recently. All right, that that's kind of insane. there's other you know products here mini chainsaw, cordless. You know there's some, just random, one wagons cart, foldable. The heck is that cigar ass trays for men has a 1000% increase in search volume. And then take a look here the top three clicked products for this cigar ass trays. Look at this the number one click product for this keyword has 94% of the clicks but 0% of the conversion. So there's something fishy going on there. Everybody seems to love it in the search results but nobody likes it on the page. However, another product there had 0.6% of the clicks yet 11% of the purchases. So again, there's just so much valuable information in brand analytics that you guys can do for your product research. But now you have a completely new way to search for it using helium tens brand analytics tool.
Bradley Sutton: One last scenario here. Let's say you're doing keyword research. Hey, you look up all the coffin shelves, let's just say, and you put all of the ASINs of the top selling coffin shelves into this tool and basically what you want to see is hey, where did any of these products show up as one of the top three clicked for any keyword? Well, boom goes the dynamite. You just put in the ASINs and within seconds you are going to get every single keyword where it was one of the top three clicked and you'll be able to see if it was one of the top three purchase. You can see it's click share Like here's a keyword I didn't even, you know, think about, for I might not even be focused on in for our project X coffin shelf, alternative decor. All right, that's a new keyword for me. I discovered it right here in brand analytics.
Bradley Sutton: So, guys, if you haven't used this tool, make sure to use it. I believe for now it's open to diamond and up members. You know we always try and you know, give our tools first to elite, then to diamond and then it'll get down on platinum. But you know there's tons of you diamond users out there. So make sure you guys are getting the value out of this tool. Open up, play around with it. Let me know what you think. What other kind of filters would you like to see? All right, guys. That's it for our Weekly Buzz this week. Thank you so much for joining us. We'll see you next week to see what's buzzing. | |||
| #527 - Amazon PPC Strategies for 2024 | 16 Jan 2024 | 00:32:15 | |
Listen in as Gefen from Vendocommerce joins us in this month’s TACoS Tuesday episode to share expert insights on the evolving landscape of Amazon PPC advertising. We're unwrapping the tactics that have driven success in 2023 and looking ahead to what 2024 holds, with a keen eye on the emerging trend of vertical video ads. Discover how an integrated approach to advertising, factoring in the halo effect on overall sales and product rankings, can amplify your brand's presence during crucial retail events. We also delve into how to use Helium 10 to easily optimize and track these strategies for superior performance in the year to come. In our conversation, we compare the accessibility of Sponsored TV with the robust control offered by Amazon DSP, especially for smaller brands looking to maximize their advertising efforts. Learn why testing and patience are critical when navigating these platforms, and understand the strategic organization of sponsored product campaigns to optimize ad groupings. Plus, Gefen imparts valuable advice on marketing products with different attributes and the potential pitfalls of violating terms of service when it comes to product hang tags on Amazon and Walmart. Tune in for an enlightening discussion that could reshape your approach to Amazon advertising. In episode 527 of the Serious Sellers Podcast, Carrie and Gefen discuss:
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Carrie Miller: Sponsored TV ads. What worked for ads in 2023 on Amazon and what to look forward to in 2024 with Amazon ads. This and so much more on today's episode of the Serious Sellers podcast.
Bradley Sutton: How cool is that? Pretty cool, I think. If you're like me, maybe you were intimidated about learning how to do Amazon PPC, or maybe you think you just don't have the hours and hours that it takes to download and sort through all of those sponsored ads reports that Amazon produces for you. Adtomic for me allowed me to learn PPC for the first time, and now I'm managing over 150 PPC campaigns across all of my accounts in only two hours a week. Find out how Adtomic can help you level up your PPC game. Visit h10.me/adtomic for more information. That's h10.me/adtomic
Carrie Miller: Hello everyone and welcome to another episode of the Serious Sellers podcast by Helium 10. My name is Carrie Miller and I will be your host, and this is our TACoS Tuesday, where we talk about all things Amazon advertising, and we have an expert guest today. So this is Geffen from Vendo. So welcome, Geffen.
Gefen: Hey, Carrie, it's a pleasure to be here.
Carrie Miller: Thanks so much for joining us today. I'm very excited to have you on. I know you've been on here before and a lot of people really liked your episode, so we have some more good content for everyone today. And so for those of you, for those of the people in the audience that don't know you or know about Vendo, could you tell us a little bit about yourself and your experience, and then also about Vendo?
Gefen: Yeah, 100%. So I'm the VP of advertising here at Vendo. So just a background on what Vendo, who and what Vendo is. So we are a full service e-commerce agency specializing in Amazon and Walmart, full service management From an advertising perspective. We have kind of brought in those services across Amazon and Walmart also to bring in things like programmatic, various retail media networks, as well as other marketplaces too, and so those have been incredibly, incredibly growth focused. I mean, 2023 was a very crazy year. The team did an incredible job from a strategic standpoint, from a number standpoint, to grow across the board and when it comes to PPC, as most of the people I hope know, on this call, a lot of those different strategies rhyme. So we've been able to replicate the immense success that we've had on Amazon. We brought it over to Walmart and then we brought that over towards the various retail media networks, as well as things like Page Search and Social with Google, facebook, tiktok, etc. Amazing.
Carrie Miller: Yeah, so you guys are into everything. That's awesome. So I guess, since you were talking about 2023, what are some things that you think worked really really well Specifically in 2023 that you might carry into 2024? And then maybe some new things on the horizon because of just the changing landscape and things that Amazon is introducing right now.
Gefen: Yeah, yeah. Well, I'll start with the second half of that question, because I think that vertical video is going to be a really big push for Amazon this year. I know that everybody's talking about that in the space. I'm very curious to see how it's going to be rolled out. I mean, if you think about it from a practical standpoint, it's going to take up more page real estate than the, than the former video format. Now they might have both horizontal and vertical in play. We also don't know where on the search engine results page it's going to show up. Is it going to show up on row four, which would be row four, five, six on mobile, potentially even row seven, depending on how, you know, zoomed in your screen is, or is it going to be at the bottom of the page? And I think those are big questions because that's going to place a big emphasis on where you're ranking. And so I think that that leads into the first part of your question, which is something that worked really well for us, because we don't look at ads in a vacuum, right?
Gefen: So you know, ACoS is great, but obviously this is TACoS Tuesday and taco of your sales, yes, and so when we're looking at total sales, something that we brought in and I know it's a little vague, but we really looked at the halo impact of ad strategies and how they impacted ranking, ranking and total sales, right. And so when we focused our ad strategy maybe on a cost per customer acquisition model, maybe on a taco's model, and we look to really prioritize, hey, where are we showing up, right? So if, if we're driving all this traffic and we have a 20% conversion rate, let's say, on this keyword, are we tracking, using a Helium 10? Of course, are we tracking that ranking properly? To say, hey, we started running these ads aggressively on August 1st and if we've been tracking ranking on that keyword for the last two months since going aggressive on that term, where are we ranking now and how has it changed?
Gefen: And are there broader KPIs that we're measuring outside of just direct ad revenue? And that worked really well for us because we centered that around 10 poll events and this is a really big strategy of ours. That is incredibly complex, it takes a whole village to actually execute. But when we, when we focus our customer acquisition and ranking models around major times in the year so think Prime Day, think fall Prime Day, Black Friday, Cyber Monday, Holiday, and then, of course, if you're a one off brand, if you I don't know are ski related, then obviously your season is January to March. You know like there are differences, but really peak seasons. If you're able to focus your growth model around the times that are going to give you the most reward, then that worked really well for us last year and we expect to see a lot more of that this year, especially as we all expect people are going to be more deal oriented, the constant battle for margins. So the better ranks you are, the more organic sales you drive, the better your TACoS is.
Carrie Miller: Yeah, so are you. Are you also maybe sending a lot of outside traffic for that ranking as well, or just utilizing? Can you tell us a little bit about that and what your strategy is there? That kind of goes in with what you were just talking about?
Gefen: Yeah, absolutely so. One of the verticals that I oversee is paid search and social, and so that's going to be met in Google primarily. There's Pinterest, there's Reddit, there's now TikTok. That can drive back to Amazon as well. I think there's two buckets. I think you have the always on external strategy right, which is the constant drip of, say, a Facebook campaign that's driving, whatever the budget is $200 a day, $150 a day, whatever it is back to Amazon. We all know that Amazon is going to reward external conversion a little bit more. Also, the Amazon attribution program gives you a bit of a boost with getting up to 10% back usually around 5% to 7%, but up to 10% back on each sale, which is nice. And then you also get a boost in your actual ranking. The influencer programs that we've run specifically for 10 poll events again, to go back to that first point, those are the ones that have really kind of set themselves apart or set those brands apart, the ones that are willing to have very strategic and targeted strategies towards high return on investment periods. And so you have the always on, which is great, that is a constant, and we run that for many brands. And then we have a few brands, usually on the larger side, that are willing to invest some serious cash into some of the of Amazon programs that are just going to drive as much traffic as possible. Those are the ones that see big gains, and it's not necessarily that you have to hit a home run with one TikTok influencer. You can have 10, you can have 20, you can have 30 micro. That actually get you the same result potentially for cheaper. But you have less risk with putting all of your eggs into one basket, and so that external traffic has been really helpful.
Carrie Miller: Yeah, I actually know some people in our elite group said that their ranking just organically just shot up just from their TikTok stuff that they were doing. They were focusing on certain keywords in their title and they just all the traffic from TikTok was really bad, yeah, and now there's actually a TikTok shop, so that's actually going to compete with Amazon.
Gefen: We've actually launched multiple brands on TikTok shop. We're seeing phenomenal success with those. It doesn't necessarily directly translate to Amazon sales, but what we always say at Vendo and it's the approach we've taken that has been very successful for all of our brands is you can't separate your customers anymore, right, you can say that an Amazon customer is in its own bucket and they're never going to be a DTC customer, and vice versa. Yeah, every customer everywhere you're exposed is a form of advertising and you can't force a customer to buy in a certain place. So if you're available on TikTok shop and that's where they find you, maybe next time they're going to buy an Amazon, right? Or maybe they're going to buy your DTC. As long as you're looking at the business holistically and Amazon is a piece of that pie, or TikTok is a piece of that pie, then, and your business is growing, then you know that your efforts are pushing the whole business up.
Carrie Miller: Yeah, I was saying that I think that a lot of people aren't necessarily comfortable yet purchasing on TikTok, so I think that's why a lot of people are just going to Amazon. They might be like, oh, I saw this on TikTok, but maybe it'll change eventually, because I think we're still seeing quite a bit of traffic on Amazon, even though TikTok is like not wanting anyone to do that. Have you seen that same thing?
Gefen: Yeah, I can't remember what the exact term was. It was like I saw this on TikTok, or I found this on TikTok, or seen on TikTok, or something like that.
Carrie Miller: Yeah, TikTok.
Gefen: whatever the thing is, TikTok is game here, yeah it was one of the largest search terms a few months ago. And so, to your point, 100% right, yeah. And that is actually, I think, more proof to my previous point, which is, wherever they're seeing things, they're coming to other places, to their comfortable place to buy. And so if they're coming there and from an advertising perspective, we're showing up where we need to show up, then we're in a good place, right yeah, because then we're going to get that conversion and that you just you spent elsewhere. Maybe your customer acquisition was slightly higher, but you drove that conversion.
Carrie Miller: Yeah.
Gefen: And, at the end of the day, if you have a good product and your customers are loyal, then it's going to pay off in not even the long term.
Carrie Miller: Do you see that a lot, because I know you do a lot of DSP too. Do you see that a lot with DSP, where you're kind of putting a lot into Amazon and maybe you don't necessarily see the exact conversion on Amazon, but then all of a sudden their website goes way up or kind of other platforms.
Gefen: So a couple of points to that. So, when it comes to programmatic, there is there is native programmatic on Amazon, right so. And then there's also non-native programmatic, right, so we can use something like the trade desk that can kind of target any programmatic targeting across the entire internet. Basically, the latter, yes, right, so the latter we do see that kind of um, that kind of halo impact across either website, and you can, you can also measure that right. You can put in a pixel and you can actually, so you can also put in a pixel on the, on the um, on the Amazon DSP as well. So you can put a pixel on your website for Amazon DSP and even though traffic isn't necessarily driving to your website, it will still pick up if there are sales on your website or, at the very least, visits from that same campaign. And so the interconnectedness of this world is growing, where the advertising synergies are becoming a lot more um, a lot more intentional, and so you have to have the pixels on your DTC site, right. You have to be launching on TikTok, you have to be on Amazon, on Walmart, because if you're not measuring that, then you won't know if, if your sales are lifting across the board. And if they are lifting, then you don't know where you can take spend. Maybe you're bloated in one area and two lean in another and you can put those and so, uh, to your question, 100%. Um, we do see the halo impact from DSP with Amazon DSP specifically. I will say the biggest halo impact is actually in the performance of the PPC ads. Um, we usually tend to see, especially on our mid, mid to large size brands, um, when we launched DSP for them, their PPC ads tend to pick up in specifically in performance. So their, their ACOS tends to go down. Um, and that's probably because Amazon, as we all know, is a, uh, is a pay to pay platform, so they're just rewarding you with being further entrenched in their ecosystem.
Carrie Miller: Yeah, that makes a lot of sense. I did have actually another question, um, kind of about just some newer things that are going on with Amazon. Have you started the using the, the TV ads and then also just the sponsored um ads that go to uh like things like Buzzfeed and um, I forgot what the it's called, I think it's uh Sponsored Product Ads but they go to publishers. Have you started using those?
Gefen: So yeah, Sponsored TV.
Carrie Miller: And then also they're sponsored ads that go to like Buzzfeed or yeah, yeah.
Gefen: So two points. So, first off, Bradley’s point. We actually don't use Paki for Amazon. We uh use them for Walmart. Uh, we actually use software for Amazon, besides Helium 10, of course. But as far as management software goes, uh, it's, it's all manual, um, um, but, and we can talk, we can have a whole 10 podcasts just on that. Yes, there's a ton there, but as it pertains to sponsor TV, so that's something that Amazon launched at uh, unboxed this past year, um, and the goal is to create similar to how sponsored display is like DSP light, sponsored TV is like STV or CTV light, right, so they want to bring the, the, the TV portion of programmatic, into a self-serve area. There's pros and cons. The pro is that there's no minimum, there's no barrier to entry. You can throw up a video and it gets blasted out towards a bunch of different publishers at a um at a uh, fairly, fairly decent rate. It's a little bit more expensive, obviously, because you're not able to put your max CPMs or anything like that. At the same time, you have no control. So, similar to sponsor display, um, you know, if you work with and uh with an um, with an agency like Vendo, uh, we don't have any minimums on our uh, on our uh, on our DSP self-serve seat, so we're able to uh to say, hey, you know, if you want to spend a thousand or 2000 or 3000, you can, you don't have to spend 20.
Gefen: Um, and so my recommendation is, if you're a very small brand, you're starting out, definitely test out sponsored TV. Don't expect because they're usually non-engageable, or or, if they are engageable, um, the really the primary KPI and what they're optimized for internally is views. Um then, don't expect a strong row as treat that as a top of funnel approach. Yeah, at the same time, if you do have a little bit more budget and you want some more control, go into self-serve DSP. You're just going to get more. You can choose what your destinations are, what your publishers are, you can choose your audiences, you can choose your retargeting. You can't in sponsored TV too, but there's just a lot more control and so, similar to sponsored display, it's a great launching pad. But I wouldn't say, hey, if you're going to take 10 grand and throw it into there, take 10 grand and throw it in the DSP, you're going to see better results.
Carrie Miller: Yeah, that's very good advice for everyone, as far as the DSP, Very good advice for everyone, especially for smaller brands, Cause usually it's all you know, it's harder because a lot of people are focused on big brands with kind of strategies and smaller brands is like I don't know if it's time to do even DSP or the sponsored TV. So that's good advice about the TV and there is no real, like right time.
Gefen: I would just say hey, if you have some budget, if your ads are performing well, test it out.
Bradley Sutton: You know, we test as much as we can, I mean if it works, amazing.
Gefen: You know. If it doesn't, then we know it doesn't and maybe we'll test it out later on. But we can put that budget immediately into other areas.
Carrie Miller: How long do you usually test it for DSP? Two or three months or?
Gefen: Technically, DSP is a 14 day window before it's actually giving you proper data and usually DSP you'll know within a month.
Carrie Miller: Okay, that's good to know too. Okay, so then we have Chris Shipperling said to your point about trust people also want to see the product ASAP and Amazon owns product operations. I bought a product from TikTok which is from Shipbob. I'll say no more as a customer.
Gefen: Yes, you can technically fulfill with Amazon for TikTok shop. I don't have too many details on that, but I know it's possible. I don't know how much of that is being conveyed to the customer, and so that's a great point about trust from the. From the customer standpoint as a seller, it doesn't really take much more. I don't know the fees, I don't know what it kind of entails, but I know that I've heard that is possible.
Carrie Miller: I it is possible and that's definitely a better. You basically connected to your Shopify site and then use the fulfillment by Amazon. But I I did purchase something on TikTok and it was literally shipped all the way from China. So I didn't know that was happening when I bought it. So that is kind of the that's going to kind of ruin some trust, I think, with people. So something to think about moving forward.
Gefen: If you even talk about Temu here either, because that's a different ballgame.
Carrie Miller: Yeah, that's another one. All right, and let's see, Chris Shipperling has something else. He says, which, which is why you always KPI individual platform metrics, but blended CAC is so important when you do have several activities running to drive traffic and conversion. Completely agree with what you were saying, so yeah, 100%.
Gefen: We use a cat model for a ton of our brands. We track new to brand customers on Amazon very closely new and repeat as well, and we have we have a lifetime value graphs that we track over multiple years to see what the actual return is for our clients.
Carrie Miller: Amazing, that's awesome. Okay, so, Michael, would love to hear your thoughts on how to organize Hold on sponsored product campaigns. Thank you, you lost your audio there multiple skews in a category, independent skews, not variant ASINs that share many keywords. When is it better to combine ASINs into an ad group and let Amazon pick the best for separating each SKU into its own ad group or campaign?
Gefen: Thanks, it's a phenomenal question and this is where you're going to hear the variation in answers. You're going to hear shows that advertising still, to an extent, is a good amount of art versus science, because there are different opinions and I manage my own brands for Vendo as well, and I've actually done both in terms of separating out and then keeping them together. So a couple of different things. Number one there are always differing what's the word differing attributes to a product, right, whether it's a count, whether it's a size, whether it's a color, at the very least you can separate out by that. So, for instance, if you have TVs, right, you might have a smart TV. Right, so let's. But you could have a 45 inch, a 55 inch and a 65 inch smart TV. So, right off the bat, you can look at the search volume. For what is a 65 inch TV bring in in terms of search volume? Okay, that's, that's a separate campaign, right, 55 inch, separate campaign.
Gefen: And then to your question, my recommendation and best practice is you can never rank and and equally grow all of your products, right, you have to have a hero item or a hero couple of items. So, for instance, let's say you go back to these TVs. You've got, I don't know, 10 sizes, 354555, whatever it is. Some of those are going to be best sellers, right? More people search for 55 inch and 65 inch versus 24 inch, so you know that those are the ones that have the highest potential and those are the ones that you're going to want to rank. So you might as well take those, and maybe take three of them, and put them into their own hero term campaign, so smart TV, tv, etc. And then that way you're focusing the majority of your ranking spend on the highest search volume terms towards the few that are actually going to generate that sales and performance.
Gefen: And even within that, I mean usually think about it. I mean, how many brands do you see that have three products ranked on the top row? Right, it's usually one. And so at the end of the day, we are going to try and diversify our sales as much as possible, but at the same time, one product is going to win out. And so to the last part of your question, when it's better to combine a since into an ad group on Amazon, pick the best when it comes to your hero items. Let's say you've got three and that whole product line the three best selling colors, three best selling sizes, whatever it is, put those into their own ad group and then Amazon can choose. If you're again going back to smart TV, it's like, okay, someone's typing in smart TV, Amazon's going to eventually know whether or not someone typing in smart TV is more likely to buy 55 inch or 65 inch. And you'll be able to see the conversion rate, you'll be able to see the performance and you can say that's good, that's not good, etc.
Carrie Miller: We'll go into kind of ad creatives like videos and stuff. How do you optimize those? Are you doing a lot of tests and split testing? What is your process for creatives And so when it comes to the best. ?
Gefen: So, again, we have five ad verticals. Every vertical requires different size creatives. So we have a phenomenal team working on our creatives that can really customize to whatever it is that we want or need. A Facebook creative is going to be different from a DSP creative. It's going to be different from a, from a credo creative. But to backtrack for a sec, specifically on Amazon, specifically for something like sponsored brands because you're sponsored brand lifestyle imagery and sponsored brand video, right, those the two main creatives that you're going to be generating. And I will say, first and foremost well, first of all, by January 31, all of your product collection ads have to have a lifestyle image on them, if not, they're going to be paused. So that's a note to everybody that's selling you need to have a lifestyle image on your product and ads, if not, they're just not going to show up. That's by the end of this month, but I've found, from a video perspective, having a video versus not having a video gets you 80% of the way there. Of course, it needs to look like decent, right, but if you have any form of a decent video made by, made by a graphic designer or software, that's good enough to pass for you to be like okay, I'm fine with that. You're 70 to 80% of the way there. Obviously, that 20% for much larger brands matters.
Gefen: So that's where you bring in different testing, right, and usually that's at the discretion of the brand's creatives, right? We're not a full creative agency. We have creative support, and so what we like to do is we like to take their direction and actually make the asset. So usually they have a marketing team that's going to bring us either static imagery or video imagery, and then we're going to scale that into, let's say, three different videos from that static imagery of just like slideshows or whatever, and then maybe we'll test out those three. Now Amazon's sponsor brand video has different ad groups that you can test out, which is awesome. So you can do like three different ad groups there and whatever ends up working. Basically, from a CVR standpoint conversion rates going to be your primary KPI there Then that's the one that you go with.
Carrie Miller: All right, very good, we actually have something else from the audience. I sell yoga pants. Can I print my website on the product hang tag? Does it follow Amazon and Walmart terms of service?
Gefen: I don't think it does. I don't think that you're allowed to drive any form of traffic to off Amazon. Don't fully quote me. I am not an expert in all of Amazon terms of service. I know the ad portion. But if you were to ask me my two cents, I would say if you're referencing your website anywhere on your product and Amazon catches you, it's probably against TOS.
Carrie Miller: I do actually on mine, have on our packaging our website, because we use the same packaging for all different platforms and I know big brands also have their websites in there and they even have you know things where maybe it's not enforced. Yeah, I don't know if it's enforced as much, but I think it's if you kind of drive traffic to your website or you're kind of contacting people with their info. But it is kind of a gray area there. So yeah, that is a hard one.
Gefen: Yeah, it's tough. I know that on any assets you have on Amazon you can't do that. We've even made videos where, like at the end, like we've just taken a video from their website and put it onto sponsor brand video and it was like at the end, like the last slide was like buyonx.com.
Bradley Sutton: And it got taken down. Yeah, exactly.
Gefen: It just depends. I mean there's a lot of gray area. My guess is that's against TOS. Also to your point, Carrie if a lot of people are doing it, maybe it's not really a police stuff that much.
Carrie Miller: Yeah, I think. I think the kind of differentiator is are you trying to drive traffic away from Amazon, or you know? I think it's also when you think about big brands. I don't think they're all going to change their packaging just for Amazon?
Gefen: I guess that's going to not yeah, yeah, so that's also a good point.
Carrie Miller: It's not really. You know it's when you're like you've got an insert and you're like buy this on my side or you know something like that. That's kind of a difference, whereas if it's just on your packaging, I think it's, it should be fine.
Gefen: Yeah, um, that's actually a good question. So, do do branded campaigns help in the organic rank of your product? It's yes and no. So when you're launching, 100% yes If you're launching a new product line inside your existing product catalog, um to leverage your branded campaigns is huge. Or, excuse me, your branded traffic with branded campaigns is huge because that's how you build your sales velocity quickly. Same time, if you are seeing that you know a majority of your spend is going towards branded um, then I would look at the CPCs and I would say you're probably not um helping out with ranking as much as you could be for non-branded terms. Remember, amazon will rank you based on how you perform on non-branded terms. If you don't drive traffic to non-branded terms, you can't convert against them. If you can't convert, then you can't rank. Yeah, good point.
Carrie Miller: All right. Another question from Douda to Silva how do you harvest search term reports from a main keyword running as phase type, phrase type? That uh generate tons of variations of the main keywords. Those keywords are all different, with one clicks costing me a dollar.
Gefen: Yep, that's some. That's probably arguably the largest source of waste it's been. Um is phrase terminology, phrase terms, phrase keywords that generate one click, $1, no conversion. You have a thousand of them, you spend $1,000 and you didn't get anything as a result. Um, switch it to exact, pause it out and then test out them in like groups of 15 or 20. It's more manual work. It kind of sucks. But if you take the thousand dollars you spent, let's say over a month, and then you um, you take 500 of that, so you save yourself 500 and you put it towards 30 keywords and you test and let's say you generate sales after driving 10 clicks on each, on five of them, and then you use those as ranking campaigns. That's how you're able to scale the business. You're going to spend that money anyway. You might as well go deep rather than shallow, all right. Sounds like he was. He was testing me. He said correct.
Carrie Miller: Hmm, that's. That's an interesting test, all right.
Gefen: I'm glad I passed.
Carrie Miller: Yeah, yeah, you're definitely passing all these little tests here from people. Um, uh, just on a kind of an ending note um, are there any other kind of things you want to leave for people in 2024? Kind of final thoughts of you know what to look forward to, what, what people should be focused on, and uh, and yeah, just any final words of advice search volume trends.
Gefen: We use Helium 10, I mean hourly, but daily, obviously uh to to look at where the search volume trends are in the space. And when I talk about 10 poll planning, when I talk about uh, uh, high, high traffic times, um, it's just the nature of the beast that you are going to perform better at certain times of the year. Um, you need to have a strategy that is able to address low demand and high demand to what you need your business to do, and so the more demand you're tracking, um, the better, uh, you're going to be able to prepare for that. And just a very simple equation or a simple example, excuse me, is um, if you know that last year you did phenomenal in December, um, then take the steps in October and November to make sure you're ready for that. And if that might mean taking or spending less in August and September, if you do have an annualized budget, then make sure you're looking at December in February, so you know that by the time August and September comes, you know what you need to do to prepare for that time of year. And so you, you know, we have, for almost every term, we have four, five, six years of data. At this point. You know what the best times of the year are. Obviously, things change every year, but we do know that, hey, if you're a holiday or a gift brand, prepare for that Right. And if you, if you are a brand some brands don't, but if you are a brand that has a hard dollar budget, make sure you don't get to December and you're out of money.
Carrie Miller: Yeah, that's a good point. Something to point out too about the Helium 10 tools Cerebro. We have um. It has shows trending if of keywords trending up or if it's trending down. So you can constantly check the trends and how much, what percentage, they're trending up and down. But then you can also do historical keyword searches for 24 months in the past. So that'll really really help. You know, you can kind of see year over year in the last two years what happened. But then you can kind of project also moving forward based on kind of the difference there and track it that way. So definitely, you know that's a really good point. Is, you know, kind of projecting out and making sure you plan properly your budget in the right places, very good? Well, thank you so much for joining us on this episode of tACoS Tuesday. If somebody wants to reach out to you, how can they find you?
Gefen: They can find me by my email, geffen at vendor commercecom. Yeah, would be happy to talk anything. Advertising, um, we, like I said before, we run ads. If you can run ads on it, we do. But we take a different approach and that we make sure that we are looking at your business holistically and we're not just spending to spend, we spend to grow and so, um and so, because we spend to grow, we might recommend different strategies and say, hey, you know, even if it hurts us, right, because we take a cut from that, even if it hurts us. Say, hey, you know, you shouldn't spend 100 can meta. Maybe let's look at these different avenues or save that money for later on. We want to make sure that we are going to provide the best service for you guys.
Carrie Miller: That's amazing. Yeah, thanks so much. I love you guys. Want to reach out to Geffen or Vendo? You need somebody to help you with TikTok ads or Facebook or Amazon or Walmart Walmart especially. I get asked all the time about Walmart, and Vendo is definitely one of the uh the top uh players in the game for Walmart.
Gefen: So one of the largest advertisers on Walmart. Um, I think we have one of, if not the most, brands on Walmart advertising and um, we've just seen so much growth there.
Carrie Miller: And so, yeah, thanks again for joining and thank you everyone for your questions and for joining us live, and we will see you again on the next TACoS Tuesday, which will be next month, and we'll have a different guest. But thanks again, Gefen, for joining us.
Gefen: Of course, see you later.
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| #526 - How To Use Amazon Category Insights & Marketplace Product Guidance | 12 Jan 2024 | 00:36:41 | |
Have you ever wondered how the savviest Amazon sellers pinpoint products that skyrocket to success? Join us as we navigate the complex landscape of Amazon's seller tools with insights from our expert guest, Yi Zhen from Amazon Singapore, who unpacks the secrets of the Product Opportunity Explorer, Brand Analytics, and more. We tackle the nuts and bolts of metrics that matter—from sponsored ad percentages to the telling average age of selling partners—all to equip you with a map for mastering sales trends and strategic inventory decisions. Unboxing the art of personalized promotions, this episode reveals how a deep dive into customer loyalty analytics can revolutionize your sales approach. We share real-life tales and tactics for waking up those hibernating buyers and how vital understanding customer lifetime value can be to your growth. From decoding top search terms to smart segmentation targeting, this is an arsenal of strategies you won't want to miss. Lastly, we journey with Helium 10 to find niche markets where the quirky, like coffin-shaped cat trees, become a good product opportunity. Discover how leveraging data from Amazon and Helium 10 can lead to unexpected product triumphs, and why sometimes, the more peculiar the product, the more passionate the customer base. Our candid conversation wraps with a heartfelt thanks to our guest and a teaser of what's on the horizon for Amazon sellers. Tune in to get ahead of the game and keep your finger on the pulse of Amazon market opportunities. In episode 526 of the Serious Sellers Podcast, Bradley and Yi discuss:
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Bradley Sutton: And today we have invited you back onto the show the second half of the episode. I couldn't cut it off because there's just too much amazing stuff that we're going over. So let's go ahead and get you the second part of this interview and let's learn all there is to know about product opportunity Explorer, brand analytics, customer loyalty dashboard. We're going to talk about a whole bunch of cool stuff. Here we go. Did you know that Amazon sometimes loses or damages some of your inventory? Usually they reimburse you for this, but sometimes they might miss things. That's where refund Genie comes in. What Helium 10 refund Genie does is we go check out your reports and see if Amazon owes you any money, and then we give you the reports that you need to submit to Amazon so that you can get your money back. If you haven't run this, you can have hundreds, if not thousands, of dollars that Amazon might owe you, especially if you've never used this before and you sell a lot on Amazon. So to find out more information, go to h10.me forward slash refund Genie. Hello everybody and welcome to another episode of the series tellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. What else, so what else we have?
Yi: here. Okay, I will just move on to the other tabs, because each tab will have different interesting insights for us to know.
Bradley Sutton: So this one speaking of insights, I just clicked on insights.
Yi: That's right. So over here you'll be able to know wow, I mean you'll be able to see the different matrix for instance, how many percent of the products are using sponsored product top five products. How many click share are they taking out?
Bradley Sutton: At one glance, you're a good saleswoman, by the way, really Kind of like me. She's like she does this every day, but she's like, wow, like this never ceases to amaze me, Like this is so amazing. That's like you're like me and Helium 10, like look at this Helium 10 thing, guys. Wow. Like oh, my goodness, like I'm speechless. I'm just like, yeah, I love it. I love the genuine. This is a wow thing because this is I'm seeing here the 90% of click, like how many percent of people are using sponsored products? How many percent is prime, you know, and it's like 100% right. But then imagine if you guys found a niche where it's like 50% only are using prime. Wow, that would be a real wow. Right there, exactly.
Yi: Exactly. Yeah, I think the reason why I said wow is because I saw that the percentage of products using sponsored products is above 90%, which is pretty high compared to many other niche I've done research over. Usually, I think the average I've seen so far is between 80 to 90%. This is like 90 to 98%, so it's pretty high. I would say it's really competitive, which is why I guess, when you see in the search term, tap earlier on, the search conversion rate is so low, because I think way too many people are running advertising on this. It might be a bit expensive. Yeah, correct, correct, this might. It's a consideration point.
Bradley Sutton: I'm not sure if you can give this information, but what does it mean here when it says number of successful launches, like what determines successful launch?
Yi: I think actually, if you hover your mouse over the, over the matrix, you actually tell you. It means the number of new launch. It's been in launches in the past 180 years. Wow, it's in there, right there. We've annualized it. Didn't say that before.
Bradley Sutton: Like I was like in the dark. This was like six months ago.
Yi: Since I've looked at this, I didn't even notice that.
Bradley Sutton: Yes, Number of new launches with an annualized revenue amount of over $50,000 in the past 30 days. All right, yes.
Yi: I think we are just being more transparent, especially because many sellers are telling us they don't really understand this matrix. Can you explain this better, this product opportunity explorer? I think throughout the entire year I've seen so much changes and in fact it's for the better, yeah.
Bradley Sutton: All right, cool. So I see this. By the way, for the people not watching this, I see there's columns for today, columns for 90 days ago, 360 days ago. Oh, my goodness, the one thing that tells me to stay far, far away. Not stay far away from this niche, but average selling partner age almost 10 years. So, like these are like experienced sellers in this niche and if you're a brand new seller, you might not want to go against people with 10 years of selling under their belt. So there's another piece of interesting information here. Pretty cool, all right. Next one here is or is there anything else on this page? No, I think we can move on to trends.
Yi: Okay, yeah, I think what helps over in the trends page firstly is to identify the seasonality of the product and also when you should enter to sell. So firstly for this product, as you know, shower curtains typically is something usually people will buy across the year. Right, there shouldn't be much pigs, but from what I see over here I think there's a pig in July. Probably is because of Prime Day. Prime Day yeah probably is because of Prime Day, otherwise it's quite flat throughout. So I think, regardless of where you, when you launch, I think it's fine. But just take note, maybe when you do your inventory planning or when you try to you know purchase your product from manufacturer, maybe before Prime Day you might want to manufacture more, right? So it helps you to do your inventory planning for that.
Bradley Sutton: Also. I'm just looking at this and the number of products goes down. So that could mean one of two things. It could mean that more products are going out of stock, like maybe this people in this niche are not keeping their product in stock come Christmas time and they're running out, or like the stronger listings are getting more powerful because now it takes less products to make up the 90 percent. But either way, there's a clear trend here where, from September where it was about you know 90 products that make up this niche, and then now in November and December it's down to 65. So that's a pretty significant drop there, pretty cool stuff.
Yi: Yeah yeah. There are also many other matrix that you can just toggle into to just quickly see, like how this niche doing. For instance, you can also look at the search conversion rate, but I just quickly see and it's pretty stagnant throughout. In fact, I think it seems like it's increasing towards like slightly.
Bradley Sutton: Oh, I didn't even know that I could hit this button and it shows me the graph history. Man, there's so much new stuff in here. I mean I swear. I looked at this like a few months ago I didn't know I could do all this stuff. Pretty cool, yes.
Yi: Yes, so you can actually see, the search conversion rate seems to be increasing slightly, but yet the product count is decreasing. Maybe it's because, like, more products are stopping to sell or it's going out of stock, like you mentioned. So the remaining products are actually doing much better in terms of like search conversion.
Bradley Sutton: Yeah, yeah, correct, correct Okay.
Yi: Cool, okay. The next one would be purchase drivers. This is actually something new, and I noticed that not many sellers have access to this beta page, so for you that you are able to see this, oh.
Bradley Sutton: I'm special.
Yi: Yeah, you're special, yeah, so over here it's something new that I think it got released in October, so it's really really very recent. It will tell you what are the different features. They are leading to a successful sale or like a purchase by customer Right. So what are the important features I would say in this case? Then you could see the color white or it has to have curtain hook or the team is boho. Typically are the top three positive feature for this shower curtain. So maybe it's something you need to take note of when you come out with different variations for your shower curtain when you want to start selling it.
Bradley Sutton: I'm going to read the little tool tip here where it explains what does positive drivers mean. It says here, because I didn't know, I was like what the heck am I looking at here? It says feature specific to this niche that positively impact the number of units sold by products within it. The impact is calculated by comparing the estimated sales of the products with that feature against the average units sold by all products in the niche. Okay, and then I'm assuming negative just means the opposite.
Yi: It means the opposite here.
Bradley Sutton: Okay, all right, interesting. So this means people do not like the stripe pattern Exactly and they don't like that fabric one because it's not waterproof, I guess Correct, correct.
Yi: So let's say if you can come out with something water resistant. Maybe you have a chance and maybe your advertising may not have to be that expensive. If they are not much similar selections, they are water resistant.
Bradley Sutton: Anything else on this page, or can I go to the next one?
Yi: The next one.
Bradley Sutton: All right, customer review insights. So this is you know. We looked at the review insights based on like an ASIN. This is kind of just like based on the all the products in the niche right.
Yi: Correct. Correct, and I also briefly talk about it for, like the particular ASIN just now, just that what you see over here is on the niche level. So you know, at the aggregated level for shower curtains, what are typical things that are wanted or not wanted by customers, and this is something I would say for you to work on, especially on the negative reviews for you to innovate your product in order to differentiate from existing products that are currently selling. Right, for instance, you see, there might be a seller selling the shower curtain a cloth shower curtain since 2014. But, let's say, if you're able to come out with a water resistant curtain which people like you can even like, win over some of the click share.
Bradley Sutton: Yes, so water resistant is one. I'm looking here and I clicked on the negative and I see a lot of people have issue with the magnet. The magnet is not strong. I know exactly what they're talking about. I bought one of these shower curtain. I don't know if it's this one, but but it doesn't. Yeah, it doesn't. It doesn't work very, very good. Maybe I'm part of this percentage in this niche of these negative mentions here.
Yi: Okay, yeah, yeah, I think people also talk about the thickness of the product. So, yeah, there's something very immediate. In fact, the mentions of thickness is 18%, which is significantly higher compared to the other topics, like magnetic strength, because magnetic strength, even though it's second, it's only 5%. So, in fact, something that you immediately need to work on will be the thickness of the shower curtain.
Bradley Sutton: Yeah, I see that right here.
Yi: Yeah.
Bradley Sutton: Okay, and then here at the bottom it says topic impact on the star rating. So yeah, the thickness is the number one, like everything else. Is that like two? Or point zero, point zero, two, but the thickness at 0.2, so like 10 times as much. So that's a easy way to see what people are complaining about.
Yi: Correct, correct. So I mean looking at the product itself, even though we see like the product might be quite competitive in state in terms of like the sponsored products percentage, in terms of search conversion. But actually there might still be opportunities because people are quite strong about the negative review they are talking about. That means there are products on Amazon.com. They are not able to satisfy people that are complaining about existing product within this niche. So in this case, if you are able to come out with something different, position yourself differently, there might still be opportunities for you to go in. Yeah, even though there are multiple Asians available already.
Bradley Sutton: Yeah, Alright, we're ready to go to the next tab.
Yi: Yeah, the returns.
Bradley Sutton: Let's see, oh return. There's another one of the new ones, because there's beta here.
Yi: Correct, correct. This is something new. I think it was announced in Amazon Accelerate this year, which I think you are quite lucky.
Bradley Sutton: Do you see my shirt on Word today? Look.
Yi: I bet you don't even have this sweater here. I don't have it.
Bradley Sutton: I was a speaker at Amazon Accelerate so I feel special. I got to have an Amazon Accelerate sweater. That's my word.
Yi: Yeah, it's nice, it's nice.
Bradley Sutton: Alright. So I'm looking at this literally my first time looking at this because I haven't looked at this and I see a lot of the same data points here as far as search volume and things like that, at the very top. But if I scroll down here under product returns insights, it gives me the percentage of mentions of certain things like. The number one thing was the display colors. There's that thickness right there, 8%. The material, the value for money. So yeah, that's interesting how people were giving bad reviews for the thickness the most, but as far as why they returned it, it looks like they didn't like the colors.
Yi: They feel like it wasn't accurate, right? I think they mentioned the green didn't look like what it was as advertised. So the product listing images also plays a very important part in this, as well as part of the returns, which is why we always emphasize on coming out with a good listing, as accurate as possible. Give sellers or customers, in fact, even more information to help them make decisions on whether they want this product and help them understand this product, so that you'll reduce possibility of returns. So yeah, in this case, display colors really like a huge issue.
Bradley Sutton: All right, so tons of new stuff here in Product Opportunity Explorer. Now, one thing I kind of referenced was there are some familiar data points with the top clicked and stuff that we might have been used to from years ago in brand analytics, but it is a little bit different brand analytics. So then, how would a seller use Product Opportunity Explorer with Amazon brand analytics?
Yi: Yeah, I would say it's more of how do you use brand analytics together like some initial insights of what you should sell. Then Opportunity Explorer is always a tool for you to look more in-depth into and see how can you further validate the product selection. So I think that I would probably share a few useful cases of how people can use brand analytics in order to shortlist a couple of ideas from there. But just something to note brand analytics is only available for sellers and wrote into brand registry, so, beyond just professional selling account, they need to have an eligible trademark that is enrolled into brand registry to access brand analytics.
Bradley Sutton: Cool, yeah. So Product Opportunity Explorer guys, remember it's available for everybody, but brand analytics is only available to brand registered sellers. So hopefully most of you guys are brand registered and if so, go ahead and click over to brand analytics and there's a whole bunch of new stuff here. Are we going to talk about the CLA? This is the CLA. As soon as I get in brand analytics, it goes directly to the CLA Customer Loyalty Analytics. Oh my goodness, look at all of this new stuff here.
Yi: Yes, yes, this is something that I wanted to introduce, actually, because it's something that's pretty new, also, I think, introduced around in October. So over here, you'll be able to understand what are, like, the demographics of the people that are buying your products. Right Then, from here, actually, what we'll recommend for sellers to do is to tie it up with brand tailored promotions in order to run specific discounts or promotions that will be able to help you to retarget a particular segment that you want to grow further. Yeah, have you tried using brand tailored promotions?
Bradley Sutton: Yes, I have. Yeah, yeah, yeah, yes, like I've done in some of my accounts the abandoned cart and some other different markets here where I was able to get some sales that I probably wouldn't have gotten without that correct. Now this here is looking at one of my. I'm seeing my coffin shelf brand here. I see I have an option of weekly, monthly, quarterly, yearly. And wow the hibernating customers what's a hibernating customer?
Yi: Basically people who haven't, I guess, purchased in a long while. So, which is why it's very important for you to look into these analytics before you actually do your brand tailored promotions. Because when brand tailored promotions first launch, sellers always ask us which segment should I target? They don't really know right. But over here, after looking at our analytics, you'll be able to know which segment you have the most customers in, so that you'll be able to re-target them or re-activate that particular segment. For instance, your hibernating customers is 600 plus. Maybe you might want to run a promotion that target sellers or customers that haven't been purchasing your product for a while. Maybe you want to do something special about that.
Bradley Sutton: And there's a button right here that I can do that on the right side. I'm assuming this kind of ties directly to the brand tailored promotions. Right, this create promotion button. Okay, correct.
Yi: In fact, over here, if you go to the top left corner, there is a button where you can click into the segment view. So the thing about customer loyalty analytics ideally it's for sellers that have been selling on Amazon for at least a year, I would say so that there will be sufficient data for you to make decisions on Of course, you need to have enough customers for you to re-target right. In this case, over here under the segment view, you'll be able to see a few metrics, including predictive customer lifetime value, right. So usually, if there's sufficient data, it will roughly tell you what is customer spending this year and what they are predicted to sell, to buy next year as well, for, like your top tier customer. So this is what's very important for you to know, so that maybe you'll be able to Kind of like retarget them, either through promotions or actively through the post that you have, in order to engage with them.
Bradley Sutton: Yeah, yeah, see my repeat customers average repeat purchase interval.
Yi: Very interesting stuff if multiple people are like Purchasing from you, if you're selling like commodities, if maybe you can consider doing subscribe and save, for instance. So it really depends on what segment you have so that you'll be able to leverage on, like the different programs or different promotions that you have, in order to retarget this group of customers.
Bradley Sutton: This wasn't even. Was this even in your presentation in Singapore?
Yi: No, it isn't, yeah, because this wasn't even out a couple months ago. Okay, yeah, that's what I thought.
Bradley Sutton: I know my memory is bad, but I didn't know was that bad? Okay, good, I'm glad. I'm glad it's not that I forgot about it. All right, cool, anything more in the CLA.
Yi: Nothing much to highlight additionally here? Yeah, because after all, is still a very new tool. I guess, at a very start for sellers, when you review this dashboard is to see is to understand more about the Demographics of like customers that are purchasing, how valuable they are. If not, is there are some immediate actions that you can take, for instance, using brand tailored promotions in order to actively engage with them first.
Bradley Sutton: Yeah, yeah, I haven't done that. In a few weeks I might be. I might need to look at my numbers here and run, run some more.
Yi: Yeah, let me know how it works for you.
Bradley Sutton: Oh, what's the next hour? Gonna switch to Marketplace.
Yi: Amazon brand analytics, but I just I'll be talking about maybe three use cases on the different reports that you'll be able to use in order to shortlist the kind of products that you want to Investigate further or explore further using OX.
Bradley Sutton: All right, so that's it for the customer loyalty analytics. What's next? What should I? What should I click on? Yes, you're, you're, I'm the driver and you're the navigator. You got to tell me where to go next.
Yi: Okay, okay, right now We'll still stay in Amazon brand analytics, but the next thing that you need to click on is the top search terms report. I think it's under the Correct.
Bradley Sutton: I see it's under search analytics and go to top search terms correct. All right excellent.
Yi: So over here.
Bradley Sutton: This is the one that I.
Yi: Often use.
Bradley Sutton: I love like three years ago when this came out. This is the greatest thing in the history of mankind, I think yeah, but this is cool, and now it's like kind of crazy because it's like the oldest thing now. Now Everybody's talking about the OX and SQP, but still I think this has some Definitely has some value, yes, yes.
Yi: So over here, what I think is actually useful is let's say, if you don't really know, you know what kind of products that you want to sell, but then, or maybe you already have like an idea of like the keywords of like that item that you want to sell. Maybe, to put it better, in a better way, let's say if you have a rough idea, yeah, if you have a rough idea of what you want to sell by I'm not sure how to Validate the selection or what niche is it in actually right, so you'll be able to use the top search term report I would say keen the keywords in the search bar over there. I'm gonna put coffin because that's my, that's my main.
Bradley Sutton: My main thing here.
Yi: Correct.
Bradley Sutton: And here we go.
Yi: Okay, so over here, immediately, you'll be able to see what I like, for instance, the top click brand and top a, since over here, so immediately, you'll be able to know what are the similar a, since you can benchmark yourself against right. But how do you work backwards in order to find out what are the niche for this product, in order to do more research? Because, after all, within this analytics report, the Data available is still limited to a certain extent. So what I would advise sellers to do over here Is to copy the ASIN. For instance, we can take the top ASIN. Take this coffin show and copy that we can put it back into opportunity, explorer and search for this product Correct. So over here You'll be able to see your target ASIN. So likewise, like what we have did Previously, you'll be able to see, like customer review insights while like the click counts etc for this ASIN. But I think what's more interesting would be if you can go to the previous page, you can click into niche view, which is beside ASIN view, can you see at the left side You'll be able to see which niche this product is Situated in and in fact, for some ASINs. Sometimes it might be present in multiple niche. So over there you'll be able to work. Go backwards then after that to do your research, for on the niche level, yeah.
Bradley Sutton: I see it right here. All right, so for those just listening, you haven't seen what I was in. I took the ace in, put it back to product opportunity explorer and then looked into the ace in view and also the niche view. Now You've been showing me stuff this whole time. Let me show you something you've never seen but that we just launched in Helium 10. This. This you might think is pretty cool. So we took brand analytics now, because this is available in the API, and now we have this kind of like database here Inside of black box and again, just like with brand analytics, you can only get this. You know, Helium 10 is checking your account if you have brand registry, and if you don't have brand registry, we can't show you this information because we always play by Amazon's rules, and which is a Reasonable rule. So let me show you something I literally found today. This was my first time. I think I actually did a video on this and it was a product that I couldn't believe existed. But what I did, let me see if I can remember. I think I did the same thing where I typed in coffin here and, and then I was like, alright, show me a keyword that has, and now it's easy. The cool thing about this is taking like Helium 10 data At the same time as as Amazon data. So I'm like hey, show me something that has at least I think I said 500 search volume where at least two items had greater than 30% Click.
Yi: Share you see like right, this is something you can't.
Bradley Sutton: I mean, you could download this, of course, in In brand analytics and I'm not doing anything new other than the search form. This is all stuff that anybody can just download, but I'm just doing it right here in this dashboard. And then let me I'm not sure if this is the exact thing I typed. Let's just take a look, I'll know when it comes up and I hit apply, there, it is right here. Look at this Cat tree. And I'm like you've got to be kidding me. What the heck is this 3,200 search volume? I, you know, I thought I knew everything about coffins, right, and then so I actually click this again. I got this from brand analytics and then you I know you guys are a lot of you guys can't see what I'm looking at. This is insane, guys. There is these cat trees, oh, and the one that is out of stock. It's out of stock already. There is one that's a hundred and forty dollars and it's sold like 800 units or something. Here's one that's a 100 and it's a hundred and forty dollars. It's crazy. People are buying cat-shaped trees.
Bradley Sutton: Let me see if, if that product is still here, that was number one. Where is it? This one here? It is right here. This is the number one selling one. This is cool, guys. It doesn't show up in Amazon search anymore. That's why I didn't come up, but because it's in Brand Analytics, which is another good thing about Brand Analytics. By the way, I bet you I could find this right here in what we just did. Let me coffin cat. There. It is right here. So, you see, I would have found this even if I was in Brand Analytics. There it is coffin cat tree. But it takes me right to this number one click one, which is now out of stock because it was being bought too much. People were selling this for ridiculous amount of money and they sold almost 1,000 units of this. But I discovered a completely new niche thanks to Brand Analytics and this new Helium 10 tool that incorporates Brand Analytics. So yeah, guys, brand Analytics is still very valuable. You can get some really cool ideas. Do you have any pets?
Yi: cats or dogs or anything I don't have a dog or cat, but my boyfriend do have a Pomeranian.
Bradley Sutton: Okay, now would he make a coffin shaped bed? Like isn't that kind of morbid? Why would you do that for your pet? Like I don't understand pet owners, but guess what guys? There's 1,000 people a month who want a coffin shaped toy or a bed for their cat to sleep in. I worry about those people, but I'll gladly take their $140. $140 is a really, really good price point. I'm quite sure the person's margin must be great, Considering.
Yi: I mean, there are many other sellers selling at much cheaper price, but people still buy the $140. There must be something great about it right, yeah, yeah, yeah, it's great, it's great, but my boyfriend's dog just lies on the towel. That's all we wanted to buy a bed, but it doesn't want it, that's normal.
Bradley Sutton: see, that's normal. Putting it in a coffin shaped towel, that's not normal.
Yi: Oh yeah, okay, anyways, anyways.
Bradley Sutton: So I was. We were in. Let me go back to where we were. We were looking at the search terms. You were talking about the cool use of this. Anything left on this search term page or should I go somewhere else now?
Yi: Now we'll move on to the next one, which is under the brand analytics as well, is the consumer behavior analytics.
Bradley Sutton: Yeah, Okay, do I just click it, or do I click one of these three sub-options here, or you can click into the market but size analysis. Market MBA, so that normally stands for like a master of business something or other, like a degree that I don't have, but here it means market basket analysis. Correct, correct.
Yi: What's useful?
Bradley Sutton: And here's all my products. This is my Project X products. Right here I can see.
Yi: So I think what's useful about this page is, let's say, if you already have an existing product that's already selling, right, you're wondering what kind of product can you extend to sell? What kind of new selections can you introduce? So right over here you'll be able to see what are people commonly buying together with your products and if this is actually something that is relevant, it might be something you want to consider selling as well. Let's say, if you want to brand yourself as, like, a coffin shelf or coffin team seller, maybe you can expand to sell even like those brush holders, et cetera, right?
Bradley Sutton: Yeah, my skull shape. For those who can't see this, I just clicked in the very first one and 4% of people are buying it with a skull makeup brush holder.
Yi: It must be like the person that's buying your coffin bookshelf, just like the coffin team, kind of like products. You know there are people who have like their whole house filled with Hello Kitty, so I'm not surprised there's someone who likes everything coffin related. So maybe this is something or like the brand, that brand positioning you want to go into, or like the team you want to get started with, so you do not need to sell, like you know, different kind of shelves. In fact, you can just go stick to coffin team products. Yeah, that's something that you can consider as well. So that's one way. Then the last way that I would like to just quickly introduce would be under the consumer behavior analytics as well, under demographics. So over here you'll be able to know at one glance who are actually purchasing your products, Like you know, the gender, income, education, the age of the people buying your products. So the way that you want to introduce new product, or like the type of product that you want to introduce to like the this customer segment that you have, it can be fully customized.
Bradley Sutton: There are three people who make $250,000 a year. Who is buying the coffin shelves? All right, so it's not just for cheap people. This is for the high class people they have high class kids. Yeah exactly.
Yi: So if you scroll to the left side, for instance, let me take a look at what is the age demographic? Oh, it's quite well spread out throughout, like 20s to 40s.
Bradley Sutton: Yeah, that's actually surprising, maybe.
Yi: I'll consider them, maybe the office crowd, so you may want to launch something that is favorable for them. Maybe, you know, it can be like the coffin pen holder, which can also be used for the brushes, right? Maybe you can position it as like a pen holder, something like that. So we need to understand who are actually buying your product so that you'll be able to launch products that suit them, right? So this just roughly gives you an idea to help you. You know, have like initial sparks or something to get started with initially. Yeah, so it's at the idea stage. Yeah, so I think, just for the purpose of like product research, I think these are the three common ones that you can start using first. Then maybe next time I can share more.
Bradley Sutton: Yeah, yeah, I mean yeah this is like way more than I have been using lately. I guess you use kind of like the traditional stuff, but now this shows me that I definitely need to be in here a little bit more looking at stuff. All right, so, wow, this was a lot of information. Now, pretty much everything that we went over today is available in those marketplaces and even more, actually, the OX is available in those six, seven marketplaces that she mentioned earlier. You know Europe, USA, Japan Brand Analytics is actually available a lot of the stuff in almost all of the marketplaces. But also, you know, like he works here in the Amazon, Singapore and you do some like you know, if anybody's in your region, you actually have some cool programs. But first of all, let's talk about what is your region? It's not just Singapore. Like, right, like, like what. What countries are you servicing the sellers?
Yi: So we are actually covering Southeast Asian sellers. There are from Singapore, Malaysia, Philippines, Indonesia and Cambodia, so any sellers that are coming from this country. Actually, we do provide free account management support To help them on board and start selling out Amazon.com. So I think many of the sellers May not know that we exist, but I just want to share that we are here beyond just the account management support. We do have many other educational resources available, for instance, seller university Live broadcast webinars so you can watch it anytime. We do have our monthly seller meetup and events yeah, every month, but this is only currently more for Singapore sellers. So if you are a Singapore listener, please drop by for our event and Do let me know. If you want to attend an event or do not know where is the registration page, let me know. We'll let you in. Yeah, so we do have many other pages, like our telegram community groups, as well as Facebook Pages as well, where we do share some practical tips from other existing seller on how to sell better. Yeah, and also we do share updates on like new products or any policy updates, etc. So just stay tuned. We do actually have a lot of different Pages available or have support that we can provide to Southeast Asian seller, so do reach out to us. If you are a new seller within this region, we'll be able to help you and then how can people do that?
Bradley Sutton: How can people reach out like where's what website should they go?
Yi: They can either go to sell.amazon.com.sg to Reach out to us, either through by attending our live webinar or signing up for our seller events. Alternatively, they could also hit us up via our Facebook page, which is the global selling Southeast Asia Facebook group, so they can also Reach out to the marketing team from there. Then they'll reach the seller with account managers like us. Then we'll be able to follow up accordingly to help them launch.
Bradley Sutton: Yeah and, by the way, guys, if anybody has doesn't have Helium 10, actually Amazon Singapore has special discounts that we don't give to anybody else because they help, you know, they help new sellers, you know, come and join. So, like, if you want to discount, like actually you can give you one that's probably better than the discount that I can give. So that's a. So make sure to go through Amazon Singapore, guys. They got the, they've got the hookups. And now I was talking to Anna in In China last week when I was in China and she's arranging the Potential Philippines.
Yi: Amazon conference.
Bradley Sutton: So I'll be hopefully going there and maybe March. There might be a smaller one in February, but I'm gonna probably go to the March. Any chance that you can go, that you can, should I? Should I put in a good word to Anna, like make sure, hey, we need a you over there talking about this?
Yi: kind of stuff, maybe. Maybe if for the March one you might see me there, then I'll bring you around for good food. I do know some nice.
Bradley Sutton: Yes, yes, yes, that's, I am. Um. I've only been to Philippines like four times, but I am half Filipino and I need to. I need to connect more to my roots, but I have a team out there. I'm definitely gonna be trying to go in in the middle of March, whenever this conference is, to look out for more information on there. Well you, thank you so much for joining us, and this has been an amazing year, I think, for Amazon and for brand and little lakes, for search group performance, for product opportunity Explorer. Well, it was great to have you on here. I didn't realize it was gonna last two episodes, but there's just too much good stuff here. So, thank you so much, and then maybe you know, next year or in 2025, we'll definitely want to bring you back, because probably by then there'll be so much new stuff that have been released that will need you to talk to us about it, and then, until then, maybe we'll see you in Philippines, or maybe next year, some in Singapore hope to see you again with to bring you more good stuff so that we can share with all your listeners Next time round. | |||
| Helium 10 Buzz 1/11/24: Shipping Price Hikes | Amazon AI Listing Changes | Walmart Ads Update | 11 Jan 2024 | 00:16:09 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Brand Evangelist, Shivali Patel. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks https://www.cnbc.com/2024/01/10/global-shipping-rates-set-to-surge-as-carriers-avoid-red-sea.html Walmart Connect now allows brand term targeting for Sponsored Products, Sponsored Brands, and Sponsored Video campaigns to help suppliers and sellers gain new customers and defend and maintain share of voice. https://gecrm.my.salesforce.com/sfc/p/#61000000ZKTc/a/8Y0000010m2h/7xTFu8gBw7LO5UHgY1DcW.oPCExzSEZqfWAJlat9k_g Improve your campaign performance on rest of search placements using Sponsored Products rest of search bid adjustment control https://advertising.amazon.com/en-us/resources/whats-new/improve-campaign-performance/ Sponsored Display is expanded to Amazon Business globally https://advertising.amazon.com/en-us/resources/whats-new/sponsored-display-amazon-business-globally/ How Amazon Fashion is using AI to help you find the perfect fit https://www.aboutamazon.com/news/retail/how-amazon-is-using-ai-to-help-customers-shop Walmart unveils new generative AI-powered capabilities for shoppers and associates https://blogs.microsoft.com/blog/2024/01/09/walmart-unveils-new-generative-ai-powered-capabilities-for-shoppers-and-associates/ Alibaba Boosts SMEs With New AI Feature at CES 2024 https://aithority.com/technology/alibaba-boosts-smes-with-new-ai-feature-at-ces-2024/ Sky High Ambitions: Walmart To Make Largest Drone Delivery Expansion of Any U.S. Retailer https://corporate.walmart.com/news/2024/01/09/sky-high-ambitions-walmart-to-make-largest-drone-delivery-expansion-of-any-us-retailer Walmart unveils latest technologies at Consumer Electronics Show https://drugstorenews.com/walmart-unveils-latest-technologies-consumer-electronics-show Our training tip for this week is how to add Helium 10's Follow-Up tool to your toolkit, gathering customer reviews has never been smoother. So, buckle up because you've got yourself an episode brimming with actionable insights and essential updates for every serious seller out there.
In this episode of the Weekly Buzz by Helium 10, Shivali covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript Shivali Patel: Amazon shipping prices to increase by 300%, unenroll an automated AI, changes to your listings and a plethora of new AI-powered integrations. This and more on this week's episode of the Weekly Buzz.
Bradley Sutton: How cool is that? Pretty cool, I think.
Shivali Patel: Hello everyone and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Shivali Patel, and this is the show that is our Helium 10 Weekly Buzz, where we give you all the latest news in the Amazon, Walmart and e-commerce space and we also provide you with a training tip of the week that will give you insight into serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing this week. First up, let's jump to shipping and logistics. I'm currently on CNBC and, as you can see, the latest news is global shipping rates are set to experience a steep rise.
Shivali Patel: In order to divert ships from the Red Sea, where there has been a surge of ships being attacked with drones and missile strikes by the Houthi rebels in Yemen, new routes are being taken, extra fees are being imposed and, as a seller, you should expect longer transit times. Analysts are actually warning the chaos could bring about a second wave of inflation, as many container companies are electing to reroute the vessels through routes sailing around Africa's Cape of good hope, making the journey longer than usual. Of course, for sellers everywhere, this differs based on where you're sourcing. This also comes at the expense of time, money and delayed product deliveries, and while we can hope that the global supply chain will eventually return to normal, for the time being it's probably best practice for you to prepare your inventory, turnover and profit margins accordingly. I actually recently had a conversation with Brock from Foursquat and I quote he said that it does affect every line price and departure times and schedules. Majority of these shipping lines have 10 to 15 day delays. If we're talking about a departure from China, that container vessel has to go from China to England, which will then go from England to USA, and every sailing schedule is connected to one another. From China to UK. It's around 7,000, versus two months ago when it was $2,500. The main problem being the total turnaround time. And of course, this has a massive impact because Chinese New Year is also around the corner. Geez, talk about a steep height and a snowball effect. Understandably so, but as a seller myself, I don't love it, though I would prefer my shipments remain intact. Hopefully, as a seller, you are able to make feasible changes that sustain your business needs.
Shivali Patel: Next up, we have this post that Jason made in our serious sellers club Facebook group yesterday. The meat and gravy of this post is actually based in something that we reported on the weekly bus a few weeks ago. At some point, amazon announced they would start potentially optimizing listings using AI. Now we've seen many, many sellers report that their titles, even their bullet points, were getting changed, sometimes without notice, and occasionally those changes end up being products that could get a listing suspended.
Shivali Patel: Thankfully, there is a way that you can unenroll from this and if you are someone who wants to opt out, here's how you do it. So you're going to want to go to your seller central account and once you're there, go ahead and open up that left paneling click inventory, not inventory catalog, click add products. Once you're on this page, then you're going to go to this section down below where it says explore brand selection, click learn more, and by going to the page that this takes you to, you'll see there's an option right here that says you can unenroll from the program at any time. So go ahead and select that and then at the very bottom of this page, you'll see it says no thanks, I do not wish to enroll, and go ahead and select that From there. You are good to go. If, in the case that Amazon has already chained something like they did for David right here, then you will need to create a case for it to be resolved and affirm that you want to be the lead contributor, as you are the brand owner. So there you have it. It is really as simple as that. But you will want to make sure that you're doing this if you want to defend your listings against any changes that you haven't made yourself. With that, let's go ahead and move forward to a different fruitful note, where we have an article from Walmart Connect.
Shivali Patel: Part of being a seller is gaining new customers and retaining loyal ones. So, outside of the clear variables to stay on top of, such as knowing your customer and ensuring your brand and products are relevant to the customers you're targeting, having great keywords, compelling listings, creatives and utilizing brand shop and shelf URLs, setting up a defensive for your brand by bidding on your own and your competitor's branded terms is really beneficial. So the good news with Walmart Connect is they actually allow brand term targeting now for sponsored products, sponsored brands and sponsored video campaigns, so that way, customers can discover your brand and products when you advertise, while simultaneously helping you defend and maintain share of voice, as it says right here. This is really cool because, statistically speaking, Walmart has publicly revealed that 58% of customers surveyed will spend time looking for a discount, while 54% of Walmart consumers are open to switching brands if it means getting a better value for the same products. I know my family is definitely a part of these metrics. So to use it, make sure that you bid on keywords related to your competitor's brands and products, and bear in mind that there are some restrictions. For instance, you cannot bid on Walmart private labels, and this is only applicable for exact match keywords. Now that's Walmart toggling gears.
Shivali Patel: What's happening over at Amazon? Well, a few things. But to start, advertisers can now apply bid adjustment for rest of search placements in their sponsored product campaigns. Looks like they're saying that the new bid adjustment control for rust of search works pretty much the same as the adjustments available for top of search and product page placements. So, if you choose, you can adjust bids up to 900%, just like the other two placements. This is great for helping you balance out campaign performance throughout your placements. Amazon has also expanded their sponsored display to show up on Amazon business globally with placements on the homepage, search and detail pages, be it on desktop and mobile, meaning you can now promote to business shoppers with exclusive pricing, such as quantity discounts, as they tend to purchase in bulk and more frequently than regular customers. This is available in North America, parts of Europe and Asia Pacific.
Shivali Patel: For a continuation of exciting changes, ai has been all the rage since its inception and when reading up on different news pieces, that definitely shines through. Platforms like Amazon and Walmart are tapping in. For instance, amazon fashion here is using AI to help consumers find the perfect fit. Alongside that fit insights tool If you remember, I talked about it the last time I hosted weekly buzz and hopefully for you as a seller, this can translate to less returns overall, while improving the overall experience that you deliver to your consumers. Similarly, in terms of Walmart, most families spend six hours planning household groceries and shopping. Many do it digitally.
Shivali Patel: Now the company is moving towards using a generative, ai powered search function to expand their searches, with the intent of allowing shoppers to look for specific themes, ideas, products across a host of categories. As an example, here on Microsoft's blog, we have a parent who is planning a birthday party for a child that loves unicorns and, as opposed to typing in maybe independent searches or running multiple different things such as napkins and plates, you can now just type in help me plan a unicorn themed party for my daughter and instantaneously you have a goal based search as opposed to scroll searching, and I really liked that identification right here. So it says shifting from scroll searching to goal searching. At the end of the day, both of these news pieces are a testament to a move towards a more customer centric approach. In other news, at CES, which is currently happening, alibabacom also dove into their newly developed smart assistant, which acts as an intuitive personal assistant guide to sourcing, where an AI powered robot can help you with your basic queries regardless of time zones or language barriers. This is an in addition to their September 2023 launch of upgraded image searches and smart requests for quotations to allow business owners to manage data collection and insights from a single touch point, and I'm excited about this. I know something we always consider is how well we are able to communicate with our suppliers, and the language barrier can make it difficult to understand the efficiency of operations. With this, hopefully, it expands the efficiency and ability to work with even more suppliers.
Shivali Patel: Ps, Alibaba debuted a new campaign to celebrate entrepreneurial spirit and innovation and, since we're all a little bit nuts about what we do, it's actually a super fun quiz. We have our own link so you can be eligible for prizes from Alibaba. Just go to H10.me slash nuts that's again h10.me forward slash nuts to see what kind of nuts you are. I think I was a cashier when I took this quiz and Bradley was a chest nut. Okay, more from CES.
Shivali Patel: Walmart's Tuesday keynote expressed they will be expanding their drone delivery to 1.8 million additional households in the Dallas fourth worth metropolitan area. While their drone delivery system isn't exactly new, their expansion signifies demand, efficiency and growth. The company also revealed an in-home replenishment which uses AI to understand consumer shopping habits and then keep them stocked with their favorite groceries after determining a cadence, as well as a beta platform that's called shop with friends, which will allow customers to create outfits visually and then get some feedback from their networks. Lastly, if you haven't seen it yet, inside of the news section, directly inside of your seller central account, amazon has opted to make some changes on what documents are acceptable to standardized product listings, as well as make it easier for your consumers to understand the information that's available about your product.
Shivali Patel: From January 29th 2024, you will not be able to upload or edit the following on your product detail pages. This does include brochure, comparison charts, compatibility guides, FAQ, size charts. There's quite a few things, but in the case that any one of these already exists on your page, then that will stay there until February 26th, at which point they will be able to remove it from your product detail page. And all this is to say that if there is certain information you want to ensure stays on your listing page, make sure you audit your SKUs and then move that information to the appropriate sections or at least respond to that in a supported format, reflect uploaded accordingly. So that concludes our news pieces for the week. With that said, we move forward to the training tip of the week. Having substantial social proof is such an integral part of driving momentum in any business, so I'm going to pass it off to Carrie, where she will share a little bit about Helium 10’s Follow-up tool.
Carrie Miller: Hello everyone, I've been noticing lately that a lot of you have been asking how to get more reviews on your Amazon listings, and I have a very simple, easy and quick way to set up an automation that will help you to get more reviews with no effort, pretty much other than just setting this up. Now you have access to this tool If you're platinum diamond, elite. All the plans should have access to this, so it's a great thing to utilize. If you have not yet utilized it, the first thing that you want to do is you want to obviously log into your helium 10 account, and once you're logged into your helium 10 account, you're going to go up to the top here where it says follow up, and you're going to click on follow up, and then, once you're in the follow up tool, you can obviously set up your own kind of customized automations, but that takes more time and effort. I would recommend just doing what I tell you here, and this is an automation, so email automation is where you're going to go next, and then what you're going to do is you're going to go up to the right hand corner where it says new automation and you're going to click on new automation and then you're going to click here where it says send a message to request a review. Once you click on that, you're going to click on create a new automation and this is where you're going to kind of set up the parameters here. Now, if you wanted to use this for a certain ASIN, like you wanted this automated request to go for a certain ASIN, you're going to put that ASIN right. You can click on this and you can add this filter and you're going to put the ASIN in here. You can also do that by skew as well, but that is how you are going to be able to do the request review and this is an automated email that goes out through Amazon that they already do.
Carrie Miller: The only other thing that you are going to want to edit is this wait time. So this is how long they wait after you had an order placed. I recommend 12 to 25 days. You mean you can really go anywhere in here. So maybe day 20, you can add that action and then you're going to hit save and exit and it's going to basically automatically send these emails to request a review from Amazon. This is a very quick and easy way to get those reviews that you want and if you haven't set this up. Once you've set it up, it'll automatically request those reviews for you. Basically, it goes through Amazon and Amazon requests those reviews, so check it out, if you haven't already. Again, that's the follow up tool and let us know what you think.
Shivali Patel: Incredible. So there you guys have it. Make sure you're making use of our email automation functionality to help you streamline your processes and keep that Amazon flywheel in motion. Before I close out, I just want to briefly touch on some of our upcoming January meetups and conferences. I know Bradley covered these last week, but perhaps between then and now some things have changed and if you have the bandwidth, obviously we would love to see you. Don't forget to let us know in the comment section if you're attending any of these.
Shivali Patel: First up, we have a Dubai meetup on the 12th, which is this Friday. I believe this event is sold out now, but if you are nearby or you already have tickets, you will likely be meeting up with Bradley and Crystal from Amazon Seller Society. It's a casual meetup in the morning, hosted at the Movenpick Hotel apartments in downtown Dubai. Find out more at h10.me forward slash Dubai meetup. And a couple days later, on the 14th, Bradley will be in Lahore at the Pearl Continental for a reality check. If any of you are tuning in from areas close to there, then hey, it might be something you want to consider heading over to. Then we have our Frankfurt event on the 25th. I'll be there. Bradley will be there. It's a Helium 10 Elite event we're hosting in collaboration with Avask that typically only elite members in Avask plus members get to go to. If you are an elite or Avask plus member, you get in for free, but what typically costs elite members in the 600 range, this time, if you're not a member, you can still access this full day event for only 75 euros, because it is the first of its kind in Europe.
Shivali Patel: We have a carefully curated but killer lineup of speakers Matt Altman from ClearAds, Kara Sayer from Snooze Shade Both are flying in from UK, Nick from Boomed Silas, who used to be head of paid and organic search at Lego, and a few others. You don't even need to rent a car or anything, because it'll be at a venue located inside of the Frankfurt airport. Literally just fly in and come through. And the biggest event is in Berlin with AMZ Hackers live conference at h10.me/germany on January the 27th. Again, Bradley and I will both be there, so come, swing by and say hello. Hope you enjoy this week's episode. We will see you next week to see what's buzzing.
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| #525 - Find New Products with the Amazon Product Opportunity Explorer | 09 Jan 2024 | 00:36:48 | |
Imagine unlocking the secrets of Amazon's new cool data tools with the help of an insider. That's precisely what we did in our latest episode as an Amazon Product Opportunity Explorer team member joined us to spill the beans on how sellers can mine Amazon's data for hidden gems. We showed the Black Box tool by Helium 10, marveling at how it works in harmony with Amazon's own treasure trove of information to pinpoint profitable product niches. Our guest Yi Zhen also shared her inspiring climb from intern to account manager at Amazon Singapore. Amazon sellers, get ready to have your minds blown by the power of Amazon's Marketplace Product Guidance and Category Insights tools. We took a stroll through Seller Central's Category Insights and discussed the 'golden data' at your fingertips, data that can guide you to high-demand product categories ripe for the picking. The episode peeled back the curtain on critical sales and search data metrics, providing listeners with a toolkit for making savvy decisions that could propel their Amazon ventures to new heights. Wrapping up with a masterclass in product validation, we outlined how to sift through the noise and hone in on opportunities that not only look good on paper but can actually translate into profits. Our conversation illuminated the strategic use of the Product Opportunity Explorer to validate product choices and identify niches with less competition and higher potential earnings. And for those feeling the pinch of low search conversion rates, we shed light on how these metrics can sharpen your advertising strategies, giving you the edge in a fiercely competitive market. But wait, this episode is so good we had to cut it into two parts! So stay tuned for part 2! In episode 525 of the Serious Sellers Podcast, Bradley and Yi discuss:
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Bradley Sutton: Today we've got somebody from Amazon who works on the Product Opportunity Explorer team to do a deep dive in how sellers can use this Amazon data to find new product opportunity, and there was so much good stuff in this episode that we actually had to split it into two episodes. How cool is that? Pretty cool, I think. Black Box by Helium 10 houses the largest database of Amazon products and keywords in the world. Outside of Amazon itself, we have over 2 billion products and many millions more keywords from different Amazon marketplaces, from USA to Australia to Germany and more. Use our powerful filters to search through this database for pockets of opportunity that you might want to get into with your first or next product to sell on Amazon. For more information, go to h10.me/blackbox. Don't forget you can save 10% off for life on Helium 10 by using our special code SSP10.
Bradley Sutton: Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world, and we've got somebody who's helping serious sellers from the other side of the world. I've met her a couple times now when I've spoken at Amazon Singapore events, and I really liked her presentation on some unique things. I'm like hey, I want you to come on to the podcast, be the first person from Amazon Singapore on our podcast. So, Yi Zhen, welcome to the show.
Yi: Thanks Bradley for having me here. When Bradley was at the Seller's Meet this year, he literally just asked me like hey, do you want to come on a podcast with me? So I was like really caught off guard because my presentation was before his right. So I was like maybe, and now I'm here.
Bradley Sutton: I don't take, I don't take, maybe I don't take, maybe I only take yes as the answer. Yeah, when I'm in Japan and Korea for my trip.
Yi: Bradley's like when are we going to have our podcast?
Bradley Sutton: So it's always bothering her on her vacation. Always on my mind. Yep, yep, you know it. You know we're going to talk about that a little bit, but I want to go back. I don't know too much about like your backstory. Were you born and raised in Singapore?
Yi: Yes, born and raised in Singapore like a true blood Singaporean.
Bradley Sutton: Did you go to university also in Singapore?
Yi: Yes, in Singapore, actually, I went to Nan Yang Technological University.
Bradley Sutton: Yeah, then and what did you study there? Business so now I'm helping sellers to run their business. Yeah, and was Amazon your first job out of university or do you work doing other things?
Yi: Actually it is, and in fact I was intern here, so I actually got converted to a full-time account manager, living the dream.
Bradley Sutton: University to intern, to full-time employee, one of the top ones in the product opportunity explorer department. Oh, my goodness, what was your favorite part of your trip? I love travel myself, and you went to the same, exact same countries that I just did recently. What did you like the most?
Yi: Wow, I actually love Mount Fuji the most. It's like so magnificent. Every time you just see it in like the pictures and everything, you're like, oh it's just another mountain. But it just hits different when you're there yourself. And I think I was lucky because I could see the full Mount Fuji. A couple of like our colleagues, you know, like even two so she mentioned that she haven't had a chance to see like the full Mount Fuji before, even though she has been there a few times. So I consider myself quite lucky. And of course, the food there is great, thanks to Bradley's suggestions.
Bradley Sutton: Alright, awesome, awesome. You got to go to some of those places. I love it. Yeah, now are you a Korean drama fan?
Yi: Of course Okay, so that's why on the Korean.
Bradley Sutton: When you went to Korea I saw you and your husband were wearing like the school uniforms when you went to the photo shoots and stuff.
Yi: Yeah, so we actually went to have our wedding photo shoot at one of the abandoned team parks where most of the Korean dramas are filmed there.
Bradley Sutton: Nice Real life Korean drama Alright. Well, we're not here. I mean, I could have a whole episode about Korean drama and travel for sure, I could have two episodes about that, probably but we're here to talk about some cool stuff that you know, like, I think, a lot of our listeners. Of course, they use Helium 10, and what but people don't realize is number one. You can use Helium 10 with a lot of the amazing data that Amazon has given and have even more advantage. Or maybe you're not ready for Helium 10 yet. There's stuff that everybody, including people who don't even have brand registry which, by the way, everybody should have brand registry but even if you don't, for whatever reason, there's some cool information that Amazon has available and this is stuff that you know. Like six years ago, seven years ago, when I was first getting into Amazon, I would have never, ever, ever, ever imagined that Amazon would make this kind of data public and and it's kind of, it's kind of crazy, you know. So I want to make sure that people Kind of like know about this stuff, but before we get into it, I Want you to, I want you to quiz me, okay, all of the and people I'm trying to like see if I have my second camera, but my second camera is not, is not showing here. I want to prove to people I'm not going to cheat. I have nothing actually. Actually, I'm gonna show people my screen right now. Hold on, so this is you know. For those watching this on YouTube, this is my screen.
Bradley Sutton: I'm just looking at you know I'm getting ready for what we're gonna talk about product opportunity Explorer. But I'm not cheating at all. My hands are up here. You test me on the acronyms on a bunch of stuff that we're gonna talk about today. You know the. We'll start with like OX. I know what that is. That's easy opportunity Explore. So we're gonna do that. Let's see, like I'm gonna pause before I answer because I want the people listening see if they know what these these Abbreviations stand for. All right, so OX equals opportunity Explorer.
Yi: Give me another one something that Bradley was just clarifying with me earlier on. So what is MPG?
Bradley Sutton: Yeah, you see, okay, hold on. I'm glad you mentioned that. You see you're in Singapore. Your cars go by kilometers, right? Yeah, yeah so here in America, mpg we go by miles. That means miles per gallon. Okay, well, like well, how much your gas mileage on the car? So that's why I asked you that today. So this one is kind of cheating, because I already asked about that earlier, because I was like what the heck is MPG? Yeah now you're ready for God? No, no, I got it. Mark marketplace product guidance.
Yi: Yes, exactly You're right, You're right.
Bradley Sutton: All right, got it All right. How many of you guys got it right? All right, give me. Give me another one, hit me. I think they're all easier than that one. That was the hardest one. What's another one?
Yi: Have you heard of this thing called the CLA?
Bradley Sutton: Is it not a Mercedes? No, like a kind of Mercedes.
Yi: Nope, I can give you a CLA. It's actually something new under Amazon brand analytics which is an acronym in itself.
Bradley Sutton: Yeah that's a B, a right.
Yi: Yeah, so something new yeah.
Bradley Sutton: Consumer doesn't start with consumer.
Yi: Customer.
Bradley Sutton: Nope, I give up. What is it?
Yi: It's customer loyalty analytics. Yes, that's the new dashboard.
Bradley Sutton: Yes, customer loyalty analytics. All right, what's another one? So now we've done three. We've done OX, we've got a, b, a, we've got CLA. We don't know we've done, for we got MPG.
Yi: What else is out there? Do you know what is SQP?
Bradley Sutton: Yeah, that's an easy one. I had that team from Amazon USA on. Anybody else know who's listening. All right, search query performance. I think that's the one that everybody got. Everybody got right.
Yi: Yeah, I watched the episode.
Bradley Sutton: Oh, you watch that episode. Do you know those people I had on the show?
Yi: To be honest, I haven't really heard of them. Amazon is pretty big, but I know they are the growth consultants right Based in a yes, yes, yeah. Yeah, yeah.
Bradley Sutton: All right, I think that's most, that's most of them, but we'll see if we go over some, some other ones today. So, um, you know I wanted to. I wanted to get into some of these things because, again, you know, even even for me, like I have not done too much the customer, the customer loyalty dashboard, but what I wanted to start talking to you about today was the something else about? I'm not sure if this is the same dashboard, but before we get into it, you know, the first thing we mentioned was OX. You know, which is opportunity Explorer. So what is just the, the, the kind of like elevator pitch. Like us, you have like 30 seconds to a minute to explain to somebody in the elevator what is opportunity Explorer? What would you? How would you describe it?
Yi: Basically, you are able to find out what are the unmet demands of US customers that are buying or searching on Amazon.com and, basically, based on the data that you have, you find new products to introduce and sell on Amazon.com.
Bradley Sutton: All right. Now you say Amazon.com it. I know it's in Amazon.com, that that's the one that I sell and that's where you I use it. How many other marketplaces is it available in outside of Amazon.com?
Yi: They are actually six more. So it's in the five European store, namely United Kingdom, Germany, France, Italy, Spain and Japan, and they are trying to roll out to other European stores in your future as well. So just keep a lookout, yeah.
Bradley Sutton: And pretty much any seller with a professional account can access it without Brad, even without brand registry right.
Yi: Yes, exactly, you just need to have a professional selling plan and you can access, like this, golden data From Amazon.
Bradley Sutton: All right, let's talk about the, the one I didn't know too much, which was the category insights. First of all, where in seller central? Which menu is that? Even in?
Yi: I'm trying to find myself actually under growth, then you can hit over.
Bradley Sutton: I'm gonna share my screen for those watching here on YouTube. So I go to growth.
Yi: Then marketplace product guidance.
Bradley Sutton: Marketplace. There's that mpg. All right, there we go. That's the mpg.
Yi: So, in fact, under mpg itself, there are a couple of tools which I think we can talk about it later on, but category insights is just one of it. So I see right here it's at the very top there's a there's a button looks like I have got 30 of them. Okay.
Bradley Sutton: So this is based on Whatever account I'm in, the kind of things that the categories that I'm in, or the order, or I have access to all you have access to all category on a browse note level.
Yi: So in fact you can see already over there you can choose the marketplace available. So in fact it's available. This insights is available for the US, UK, Germany, Japan store, so you can toggle to the other marketplace to view category based insights as well.
Bradley Sutton: What, what it like? What's the benefit of this? What should I be looking at here?
Yi: Yeah, I mean the benefits over here is, let's say you don't really know what kind of category you want to start selling in. You roughly want to shortlist and See what is the demand for the specific browse note as well. You can use that to do your preliminary research. So I would say product research right. So there are a couple of ways you can get started into it. So firstly, let's say if you roughly know, you know what kind of keyword, what kind of product you roughly want to sell. There's a search bar at the top of the item type, keyword Module. You can actually put in your keyword over there. Alternatively, let's say you are a blank piece of paper. You completely do not know where to start, but you just want to see what is like the hottest category in that particular marketplace. We do have a bar that you can see right over there, so that bar length actually signifies the demand in that particular marketplace. So that's how maybe also.
Bradley Sutton: That means in home and kitchen. Curtain is a very popular product type right now.
Yi: Exactly.
Bradley Sutton: Yes.
Yi: So you can narrow down to curtain and it seems like window curtain panels. It's one of, like, the hottest product under this product type. Yes, that's how you can roughly get an idea of when to start with. Then, of course, you can scroll down all the way to the bottom to see many other selection matrix that help you to determine whether this is something that you want to get into before you do additional research, using opportunity explorer.
Bradley Sutton: Yeah and so this is like you know, this. This kind of popularity index is this. Is this based on what people are searching for, or what people are buying, or just in, you know, a combination of both? Or how should I view this? The this list like scale here.
Yi: Yeah, this is like, I guess it's like a combination. So in fact, actually when you scroll down, it will exactly tell you Roughly what it's like the unit. So what is the net sales for this particular item type, keyword that you have narrowed down Across, like the different window periods that you want to see? So there, can be like seven days, thirty days, ninety days, twelve months, yeah oh, wow, man, window yeah, window yeah.
Bradley Sutton: window curtain panels are flying off the shelves at Amazon, exactly who would have thought that that's.
Yi: Lands views.
Bradley Sutton: Let's see what does it say? It says some of glance views received across these. What it what's a what's a glance view?
Yi: that means who are basically viewing a sins? How many Ascends within this item type keyword are being viewed in the United States? Which ever month that you have filtered by? Yeah?
Bradley Sutton: Interesting. So what I mean, like all I mean, I'm still scrolling here and you know I know peace. A lot of people are just listening. They can't see what I'm seeing on my screen, but we've got here. Search to purchase ratio Return ratio. The reasons for returns yes. Number of new ASINs number 26 million ASINs in this. Oh, that must mean.
Yi: That's why the bar length is extremely long for this particular item.
Bradley Sutton: Wow, yeah, so doesn't mean that it's a longer, it's longer.
Yi: It's something that you want to go into, so, but it's just another consideration for you, yeah.
Bradley Sutton: Okay, yeah, and the FAQ down here it says what is demand. We identified demand Considering 300 demand factors. Obviously we're not going to go into the 300. There's a lot of stuff that is going in here. Um, is there anything else that? Or is there anything here that you think really Kind of like sticks out, like hey, if I'm a seller, this and I'm looking for a new product, this is something that I should be looking at.
Yi: Actually, for me it'll just be like three key things that usually I like to highlight to my sellers. So number one is actually the search to purchase ratio. So they want to see roughly what is the demand like, how many people will convert. Let's say, if I run advertising, what would be the ROI like? So that will give them a gauge right when they do their own calculations. Number two is the return ratio. We know how well the return that exchanges policy Amazon is.
Yi: So this is something that you probably want to factor in when you do your profit and loss analysis at the very start. Maybe it's something that you want to bake in as part of your expenditure, right, because not all returns will Will allow you to get, like a food reimbursement. So usually our advice, seller, to consider that as an expense from the very get. Go for this particular product. Then the other one that I typically like to highlight, actually the features, right.
Yi: If you scroll all the way to the bottom, it shows you a couple of matrixes like price Pattern, color, room type, etc. So it essentially already tells you what are the products typically purchased at like, which price range, and maybe in this case people like to buy solid curtains. There are blue in color and they like to place it in their bedroom. So maybe, when you want to sell window curtain panels, maybe you want to sell specifically Baked room curtain panels and, in fact, within your listing, this is something that you might want to highlight specifically is for bedroom use. So, yeah, this are some of the ways that you can, in a sense, give you a overall or initial understanding of how you should position your products. Yeah, we didn't this category.
Bradley Sutton: Interesting. I'm looking here. There's patterns. I don't even know what it means. Oh, ombré, like what? The heck is a ombré? Do you know what?
Yi: that means Different color, then it's like a bit fader, then okay, you do know what I mean. I don't okay.
Bradley Sutton: There's interesting. I discovered a product type I didn't even realize existed. All right, so this is I think this one is one of the newer kids on the block that not a lot of sellers have been using. So, guys, this is good. If you're selling right now, you want to look into some numbers for your category or you just want to explore some new ideas. Now let's hop into the one that's been around a little bit longer, but it has been seems like it's been constantly updated over the last year or so. A lot of new features, and that's the opportunity explore. So Let me I'm sharing my screen again. It says here I can search by keyword or ASIN. So let's go over a use case. So what use case are you going to give? What pretend situation are you going to give me right now and we can walk people through it?
Yi: Yeah, yeah, In fact right, maybe I can just introduce to you how you can roughly use Opportunity Explorer even without searching for keywords or ASINs. So recently, if you see, the dashboard has been updated where there are many more recommendations within it, such as recently review niche similar niche from the category that you're selling in. So let's say, if you're already an existing seller, they'll recommend you potential products that you can sell. What are the increasing searches? Decreasing searches and many more recommendations. So sometimes, if you completely do not know what to sell, you just want a second opinion. Do check out the dashboard over there.
Bradley Sutton: There's a product that looks pretty cool. I'm seeing right now a book nook reading valet. Never in my life have I seen this product, but it seems to be getting popular. Okay, so, without even clicking anything or typing anything in, you can get some product ideas here. All right, what else?
Yi: exactly. On top of that, I think we can just move on to quickly just showing an example of how we can shortlist or decide how to narrow down on what niche we should sell, because if you have been using Opportunity Explorer for a while now, you'll know that, let's say, when you type in a particular keyword within the search bar, sometimes it'll show you multiple customer needs. Maybe what I can share over here within this podcast is how can you shortlist the customer needs or like the niche shall be offered so that you'll be able to do further research based on that. So mainly is to see how we can narrow down your searches. Okay yeah, maybe for a start we could just key in shower curtain sets in the search bar.
Bradley Sutton: Shower curtain set got it yeah.
Yi: So I think, in general, I would just like to introduce like four different use cases where people can best filter or shortlist products when you arrive at this page over here, depending, of course, depending on your business objective and your goals, what you're trying to achieve out of here, and these four use cases are actually built together with sellers. So I'm sure it will be relevant to some of the people who are viewing this podcast here. Okay, so the first one would be how can you identify, you know, ASINs or, in fact, niche that are high in search volume and has fewer offers from other sellers? So, over here, I would just like to highlight that, if you want to review that filter by the search volume column as well as the top click products, oh, actually, you'll be able to see it within the niche page already. Okay, so you can just filter accordingly into the total the total search volume sorted by that. You can sort by that. Okay, got it, yeah. So, by the way, everybody listening.
Bradley Sutton: If you guys are a bit, if you guys are on your computer, I want everybody to do this, like literally every seller can be doing this together with us. If you're driving your car, riding your bicycle, please don't try and do anything and get in the accident. But if you're in front of your computer, what we did was I went to the seller central menu bar, I hit growth and I hit product opportunity explorer. And now I'm right here in the product opportunity explorer. I entered in shower curtain set where it says search by keyword. And now I'm on the very page and everybody probably, you know, depending on you know, when you're looking at this. It might, you know, look a little different if you're listening to this, like two months later, but it's basically gonna be the same thing as what I'm looking at. And I just hit the under the search volume column. I sorted it by the total search volume over the last three 60 days and now it's in descending order. And now what should I do?
Yi: Yeah. So another thing that we should focus on is also how many top click products are there, right? So you'll be able to know how many selections are available. Is it too crowded or is there still opportunity, right? So usually let's say if you do like keyword search, sometimes they will offer you many results. In this case I think there are about 39. So sometimes you need to click into the second page to view more results. So in this case, sometimes I'll recommend sellers to click the download button at the top right corner so that they will be able to transfer the results into Excel sheet to further shortlist. But in this case maybe we can just take a look at the screen that Bradley have shown, so at one glance you'll be able to see, for instance, we do have like shower curtains, that's like, where the search volume for the past 360 days is like 53 million and the number of top click products available is 61, which is, it seems, decent compared to many other customer needs which are above 100 or 285.
Bradley Sutton: Yeah, I see one that's 300 almost, and now again. This means, if I'm not mistaken, the last time I was studying this, I mean actually it did change before this number of top click products meant how many products it takes to get 80% of all the clicks in this niche, but now isn't it like 90% or something like that?
Yi: 90% now. So 90% of the search and purchase products, yeah, Got it Correct.
Bradley Sutton: Yeah, and so yeah, that that is a big difference, like a 61 and then two. Down here there's Christmas bathroom decor 3 million search volume only, but 300 top click products that means it's like a wide open, too many going into it. Yeah, yeah.
Yi: Yeah, yeah, okay, and I mean seasonality also plays a fact right, the one that you saw is actually Christmas bathroom decor. It might be because everybody just want to jump on the bandwagon and just sell Christmasy stuff. So, even though the growth is like 2000 plus percent, it may not be something that you want to go into right, especially if you haven't really launched Okay. So that's just two matrix down to highlight. First, let's say, if you would just want to explore, you know, products that have high search volume and have like decent selections available that slice you opportunities to go into. So these two matrix you can look at that.
Yi: Then, another one that I wanted to highlight is actually the search volume growth, which I briefly talk about it earlier, so doesn't mean that you know the growth is 2934%, like you see, for the Christmas bathroom decor is definitely something that you go into. Consider, like the seasonality, is it appropriate for you to go into it right now? Right, of course. At the same time, you need to take a look at the search volume. There are instances whereby maybe the search volume is only 60,000, but then the growth is like 7,000. So even if it grows by 7,000, it doesn't mean much because the search volume is too small. So it's important for you to find like a healthy balance between like the search volume that you want to see, as well as the growth percentage you are looking at to find like 20 products.
Bradley Sutton: Now it says here growth past 180 days. So is that mean it's taking Like what Like just the day search volume compared to 180 days ago, or like this month's compared to six months ago, or what is this percentage representing?
Yi: So this is like past 180 days, like based on, like the day, because we refresh the opportunity dashboard, like on the weekly cadence right, so it's constantly being refreshed.
Bradley Sutton: Yeah, and most of these I'm seeing are like kind of seasonal. You know I see Thanksgiving bathroom set and then I see Halloween and Grinch. You know it's kind of like a Christmasy thing. Aha, here's one that's not necessarily gothic. You know I'm in that niche because of my coffin shelf right. Gothic shower curtain that could be a possible. Well, here's something my daughter would love. Hello Kitty bathroom set is growing 27%. Dallas Cowboys I don't know who likes Dallas Cowboys anymore, but our orange shower curtain is getting up. Alright, this is interesting stuff.
Yi: Actually there are another two which I think it's also quite important that I would like to share also. So the third one will actually be looking at the average price of the product that you want to sell, because sometimes you know when you want to sell a particular product, you want to earn a certain amount of margin, right? If the cost of the product is really, let's say, example, $10, including all the different fees, ideally maybe you want to sell something that is maybe in the $30 range, so that you'll be able to earn a healthy margin, so that you'll be able to factor in the promotional discounts that you'll give and advertisement spend that you'll be able to make, right? So in this case, what I recommend you to do is to hit on the filter results button which is on the left-hand side, and you can actually filter the average price to. Maybe you can put $30. Minimum $30.
Bradley Sutton: Okay. Minimum $30, okay, and let's take a look at what's in the box and then submit yes.
Yi: Oh, there's only one.
Bradley Sutton: Only the Dallas Cowboys. People are paying lots of money for this. Yeah, yeah, stick in Dallas Cowboys. Yeah, yeah, yeah, alright, so that can be something that you can filter by.
Yi: If, let's say, you have a target margin that you want to work with, especially if you already got a quotation from, like, your manufacturer, this is something that you can work backwards on to see whether this is feasible for you to get started on. Okay, correct. Then the next one is pretty similar to this, but what it actually tells you would be the annualized niche. That means your annualized opportunity. Sometimes sellers will tell me, for instance, I want to earn $30,000 in a year. I know it's quite little, but for new sellers maybe it's a good stretch. Sometimes they'll tell me I want to sell $30,000 for this particular category, but after we searched on Opportunity Explorer, we found that there's insufficient demand within this category. They want to sell in in order to hit the $30,000. Right, if the average unit. So it's not enough. On average, you won't be able to hit your goal. So you may need to have another strategy. Either you launch multiple selections in order to hit your goal, or you pivot to sell in another category. So how are you able to find out your annualized opportunity? You can do it through filtering the results as well. Maybe you can click on filter results again. Okay, maybe let's set the average price to $15.
Bradley Sutton: Average price $15. All right.
Yi: Then let me calculate, assuming let's say I want to earn $20,000. Okay, just put 1,500 units.
Bradley Sutton: So average unit sold put $15,000, $1,500. Got it and then we've got shower, just regular shower curtain. Customer need of the niche yeah correct.
Yi: So maybe you need to explore selling something within this niche, that something that you'll be able to meet the customers. Later we'll talk about how we innovate products looking at the niche page, but basically this is like the opportunity you need to start with. Let's say, if you want to keep that certain, you need so as well as the price that you want to sell. So you need to work backwards based on your goal.
Bradley Sutton: Cool, all right. So you know like, let's say, I go through a whole bunch of these keywords and I come out with a few or something. You know like whether I'm doing this or I'm doing Helium 10, the next step is usually like a validation. You know like, all right, here's what looks cool. But then I can't just up, it's time to go to Alibaba and source it and like there's some more steps. So how can product opportunity explore help with validating my ideas?
Yi: Correct. So I think maybe you can click into a niche, maybe the shower curtains one, since you're at that page already. So within the niche page itself, you'll find that there are multiple tabs that give you further insights on a particular niche detail that you are at, like product insights, search term insights, trends, and there's something I'm seeing brand new things here.
Bradley Sutton: I've never seen before. Something that I want to purchase drivers and returns. Look at that, correct, correct.
Yi: So, yeah, these are like a few other things you can take note off in order to validate your product and also to see how you can innovate your product. So maybe I can go through like the different tabs quickly to see what are the key matrix that you should take note off. Okay, so the very first one would be like the product steps. So over here you'll be able to see what are like the top purchase product right. Whenever people key in the search term shower curtains, for instance, so over here you'll be able to view basically the similar ASINs. You'll be able to see what they are selling at, who is actually having the most key share and what's useful about this. You'll be able to click into the specific product title in order to find out more information about this popular product Right.
Bradley Sutton: Oh wow, Correct.
Yi: So over here if you scroll all the way down, because, like some of the product matrix available at the top, you'll be able to see it from revenue calculator. But what's useful is, if you look at the bottom, there's this section called the niche. Product appears in, so that means this product is popular, not just in shower curtains, but this few other niche as well. Right, so this is just something for you to take note of. Maybe when you want to sell something similar to this, you can also cross, do kind of like across analysis, across the other similar niche listed over here as well, or maybe take a look at the top search there as well.
Bradley Sutton: And this is kind of like I would imagine like for some people might view this as a good sign that it's in multiple niches. It's not just only getting sales in this shower curtain niche, but it's got one for non-toxic shower curtain liner Green. I mean green bathroom decor. That's a very broad keyword, so interesting Okay.
Yi: Cool yeah. So the other one is actually the customer review insights. That is specific for this ASIN. Previously I've always heard from my seller they're still doing it the manual way. They'll go to like a similar ASIN. They'll comb through manually, like all the customer reviews, but you actually don't have to do it. Everything is all summarized within opportunity explorer, so at one glance you'll be able to know what's good about this product and what's bad. And what's bad about this product is an opportunity for you to innovate your product, to make it even better, and maybe you might even open up like a unique, like market demand for this kind of product that you are offering in the future. For instance, over here I think one of the negative review actually mentioned that the color is not what they wanted. So maybe the photos that you take in the future maybe you have to cross track with real life images to make sure that they match to a certain extent as much as possible, so that customers won't will be more assured of the product they'll be getting. They won't leave negative reviews. Maybe another one would be, for instance, water resistant. They mentioned that this shower curtain is not water resistant at all, which is very strange. I mean shower curtains is supposed to be water resistant, so this is something maybe you need to work on with your manufacturer to ensure that it's indeed water resistant.
Bradley Sutton: This umbrella is not water resistant.
Yi: Yeah, yeah, yeah, oh, is that like yeah, yeah, quite funny.
Bradley Sutton: No problem.
Yi: Yes, yes. So these are just some of the things you can take note from here. Then maybe we can go back to the other tabs quickly. Okay, so maybe I can just go through the search term tab, okay, okay, so over here you'll be able to. Again, it gives you different matrix, such as the search volume, growth count, the demand in terms of conversion and click share for all the different search terms. So over here you'll be able to sort, for instance, by the different matrix you want to see. It can be search conversion, because you want to see which search term is giving like much more conversion for like the product that you want to sell shower curtains, buff roof curtains. Sometimes the search term over here can even give you insights on how you can develop your product to make it even better. So, for instance, I see over here, when I filter by search conversion, one of the top search term is actually cloth shower curtain. So I mean it's not water resistant. Maybe because there are people who like cloth shower curtain. So maybe that's why this product is still selling well, even though it's not water resistant. Maybe this is something that you can think of and because, in fact, it's one of the search term that leads to highest search conversion.
Bradley Sutton: Correct me if I'm wrong, but this, like the search volume and conversion, is this basically the same as search query performance, but not the same as brand analytics? Currently right, like brand analytics, I believe, like for top three click might be something different or it has to be something different probably because this is not even a week. You know like this is showing 360 days, right?
Yi: Yeah, yeah, correct. Yeah, yeah, Okay. So the explorers should match with the search query performance.
Bradley Sutton: Search query performance Okay.
Yi: Yeah.
Bradley Sutton: Cool Interesting.
Yi: Yeah.
Bradley Sutton: Yeah, these are some pretty low search conversions here, like some of these are 0.05.
Yi: Oh, my God Like nobody Not as great Like 0.05.
Bradley Sutton: That's like one out of every 1000. Yeah it's quite so, something crazy. Yeah, like less than less than yeah. One percent is one out of every 100. One tenth of percent is one. No, that's like one out of every 5000. Oh, my goodness gracious, it's quite bad, basically, the conversion is quite bad.
Yi: It means that it might be quite, you know, competitive, I would say, because there are like a range of selections available, which is why maybe, let's say, if you even want to run advertising, it might be more costly to win the bid, right? So this might be a consideration, maybe it's it might be a little too tough for you to get into, right? It's just a signal for you to know.
Bradley Sutton: All right, guys, we're going to have to cut the episode here because there's just too much good stuff, so make sure to come back. In the next episode we're going to go more into brand analytics, the new customer loyalty dashboard and a whole bunch of things more. We'll see you in the next episode. | |||
| #524 - How To Source Amazon Products on Alibaba & In Person | 06 Jan 2024 | 00:41:22 | |
Discover the best practices for Amazon product sourcing excellence as we welcome back Kian Golzari, the Amazon product sourcing sage, for his fifth appearance to impart his vast knowledge on mastering the Chinese manufacturing labyrinth. Kian's guidance takes you through the crucial steps from selecting the right manufacturers on Alibaba to conducting effective factory visits, ensuring you return home with more than just souvenirs – but strategies to boost your product quality and cost-efficiency. Venture with us into his secrets of product differentiation and learn how to stand out in a saturated market by uniquely combining various components and embracing innovative packaging solutions. We dissect the art of transforming the ordinary into the extraordinary, from deluxe packaging to strategic bundling. Furthermore, Kian reveals the underestimated power of packaging in offline sales, sharing insights on making a product pop on the Amazon website and attracting crucial impulse buys. To wrap up, we get into the strategic intricacies of forging long-lasting relationships with suppliers and the nuances of communication that can make or break a deal. We dissect how to scrutinize supplier profiles and the vital role that understanding your supplier's capabilities plays in aligning with your business goals. Kian and Bradley also uncover the best practices for sample evaluation, navigating the norms of sample payments, and why investing time in personalizing your interactions with suppliers can pay dividends in the long run. This episode isn't just about finding the right supplier; it's about creating partnerships that will sustain your Amazon business growth and success.
In episode 524 of the Serious Sellers Podcast, Bradley and Kian discuss:
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Bradley Sutton: Today we've got the world's foremost expert on sourcing, Kian, back on the show and he's going to give us step-by-step guides on how to source on Alibaba.com and an SOP for visiting factories in China. How cool is that? Pretty cool, I think. Are you afraid of running out of inventory before your next shipment comes in? Or maybe you're on the other side and you worry about having too much inventory, which could cap you out at the Amazon warehouses or even cost you storage fees? Stay on top of your inventory by using our robust inventory management tool. You can take advantage of our advanced forecasting algorithms, manage your 3PL inventory, create PO's for your suppliers, create replenishment shipments and more all from inside inventory management by Helium 10. For more information, go to h10.me forward slash inventory management. And don't forget you can sign up for a free Helium 10 account from there, or you can get 10% off for life by using our special podcast code, SSP10.
Bradley Sutton: Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS-free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. We're going to the other side of the world to Dubai right now for a record breaking fifth time. That's how long this this, this show, has been out there. Guys, like we only have people on there, if they're really good, we'll invite them back. And if they are really good and we invite them back, it's only one time per year. The very first time ever in the history of Serious Sellers podcast, somebody's on the fifth time is the one and only Kian. Kian. How's it going? Welcome back.
Kian: Oh man, thanks so much. It's a great intro man. It's an honor to be the only speaker to be on here five times and wow, I mean that must mean you've done a lot of episodes as well. So congrats to you to be plugging away. Like, how many episodes have you put out now?
Bradley Sutton: We're like in the mid-500, like we're about 520 now, like we're in the mid the the five teens around there, yeah amazing, yeah, incredible man. Yeah great to be back and, yeah, really looking forward to sort of diving in and we're going to talk a lot about Alibaba, but before we get into that, I'm actually visiting, for the first time, Chinese factories. Like it's been years since I've even been to China and I've never visited the factories where we make the Project X, project 5K products. So what's some advice you can give me? You know like, hey, should I bring some gifts? You know like maybe some chocolates or something to the factory owners? Should I negotiate? Should I just, you know, talk away, ask about their family, like I usually deal with a sourcing agent? Yeah, and she's going to come with me, my sourcing agent who found these factories, and translate a little bit. But what should I do.
Kian: Yeah, I mean, first of all, I think your mind is going to be blown Like I think everyone experiences this like the first time you go into a factory and actually see how your goods are made, because you have this idea and you have this perception in your head of, like how you think goods are made. But once you go in and you see the production line and like you know, let's say this is for the, for the coffin items, right? So like you'll see, like the wood, like arriving, you'll see the wood getting dried. You'll see, like the woods, like the bad pieces getting rejected. You'll see it getting sanded and filed down. You'll see it getting sprayed and painted. You'll see it getting cut to size and you'll see it getting assembled. You'll see it getting screwed, like you'll just see in some of the different compartments, and then your head will be like, wow, here's like 20 different processes and steps that this product went through to get made, whereas when I just see it in a store, I just see it like in a shelf or, like you know, online. I didn't think about it in this way. But why that really helps you is that, like you know, if you've got cost challenges and you're like right, I've got this like $8 product and I need to get it down to 6.5, you've got like 20 different places you can go to in your head because you've seen it on the production line, right?
Kian: You're like well, was that spring really necessary? Are we cutting it in the most efficient way? Can we just do straight edges rather than these curved edges? Was it necessary to have that coating? Like? There's so many different things you can now think about. And then, on the reverse, if you want to improve the quality, you're like here's things that we could do better, based on what I saw and how this product is actually assembled. But you're going there for the first time, right? So, in terms of gifts, I would say it's nice. They'll probably provide a gift for you. If you've been doing business together for like a number of years, then by all means, maybe take something nice. I would say something that represents your hometown, so you could take them your favorite team, like a Lakers hat or something like that.
Bradley Sutton: Okay, those are fighting words. All right, guys. The fifth and last time that Keen will ever be on the podcast.
Kian: So you can always and, by the way, Bradley’s the clipper's friend for anyone who didn't catch that but yeah, like you know, anything that represents your hometown where it could be like a hot sauce, it could be like a local tea or whatever like that. Just it doesn't have to be anything expensive. Like for me, I always used to take like a personalized bottle of whiskey because I was coming from Scotland. Suppliers, like really, really appreciated that and just a nice gesture to do. And if you have, like a sales assistant that you've been working with, I would get one for the sales assistant that you talk to and then one for the factory boss as well. Very, very important to get a gift for the factory boss and also to get a photo with the factory boss, because there's always going to be time where you're going to need to ask for a favor, right, and there's going to be a time when, like you know, chinese New Year is coming up and, like you know, your, your goods are getting rushed out and maybe they won't make it shipment before Chinese New Year. And then you say like, hey, please, can you just ask the boss, please can you rush this, please can you push this to the front of the production schedule. Please can you get this out before Chinese New Year? And you're like, who's asking? Again? Bradley's asking which one's? Bradley again, oh, he's the guy that brought you that Lakers jersey. Oh, yeah, I love that jersey. Cool, all right, get the items to the front of the line. So it's always something to like for them to remember you if you get a nice little gift.
Kian: Now, talking about, like, actually arriving at the factory, I think a lot of people, maybe, if you're going to China for the first time, they have this like fear of like well, you know, google Maps doesn't work out there Like how do I get there? Like your factory will arrange everything for you in terms of transport, and like you've got a sourcing agent there. So so they'll definitely help you out, but you don't need to figure out anything by yourself. Like you can just tell your factory hey, I'm arriving at this airport, I'm flying into Hong Kong, I'm flying into Shanghai, I'll be there on the 19th of March. I'm going to come and visit you on the 20th. They'll just say, cool, what's your hotel? We'll come pick you up. Driver will be there outside 10 o'clock and, like, literally, driver comes out with your name, they'll have a Starbucks waiting for you. Like they really, really take care of you, right.
Kian: And if you're like, hey, I need to get a train to where you are, I don't quite know how to get there. Like they'll book the train ticket for you, like they're so hospitable, like if you have any issues of like how to get there, or even like you know, when I go visit a factory, I tend to visit like two or three at the same time, like of a similar competing product, similar competing category, and I say, hey, look after you. After a visit your factory, I'm going to see this other factory, can you help me get there? And they're like, yeah, no problem, give us the address, we'll drop you off. Like, even if it's a competitor, if there's there very, very, very hospitable. So, in terms of getting there nice and easy, in terms of like what you're, what you'll learn, in terms of their product development, it'll blow your mind. But in terms of being prepared for your factory visit, like I always before any China trip, whether I'm going to the Canton Fair, whether I'm going to visit a factory, I always have to have a plan for my visit Right, like what is the main outcome I want to achieve from this?
Kian: Right, do I want to learn how the goods are made? Cool, I'll spend a little bit of time on the production line. Do I need a better price? Because I'm getting price pressure? Well, I'm going to do my research in advance to see. Well, what were other suppliers pricing me? So, like you know, you could get a specification sheet for your product. You could but I'm sure we'll talk about this shortly reach out to the top three, top five suppliers on Alibaba.com, get pricing from them and you can go back to your existing supplier to say hey look, I don't want to move production, but just to let you know this is a pricing I'm getting offered somewhere else. I need you to match it. So, is it better pricing that we need? Are you getting a few too many returns? Or the quality concerns? Is there something? Is there chipping off the wood on the coffin box? Is that something we need to talk about? Then, like, we have the products right there in front of us, like here, let's address these quality concerns. Are you not doing the quality control? Let's check the end of the production line. Let's see who checks it. Let's see who boxes it. Let's see why they aren't picking up on these things.
Kian: So there's many, many different outcomes that you could have. It could also be we want to develop new products for 2024. Please prepare for us some additional new samples and we can review them together or let's discuss together. So I wouldn't necessarily go into a factory without knowing what I wanted to achieve and like no lie. I've been in factories where I've been there for 10 hours sitting opposite the boss and we're just negotiating, because I'm like I'm not leaving until we figure this out and like, literally Some of the factory bosses like to smoke and I remember like the guy went through two packs of cigarettes while we were talking it. Like I'm not saying that's going to be the case right For everyone, but I knew I had an outcome that I wanted to achieve on that trip, right.
Kian: Certain times I was doing production for the Olympics and they required certain certifications for the factory and I went to visit factories and didn't have those certificates. So I was training them. This is what this is. A certificate needs to comply with. This is what we need to fix. We were looking at, you know, lighting, fire extinguishers, dormitories, all that stuff. I was like you're the factory I want to work with. I need you to be compliant of this. I'm not leaving until I know you can do this. So there's so many different outcomes that we can have for visiting a factory and like. Those are just some of the things that we need to be prepared for, but, honestly, it's going to be so much fun for you. Like, I'm actually excited for you and I can't wait to see your stories on Instagram to see what it looks like.
Bradley Sutton: Thank you, thank you Now, right now, let's just say, you know, for that, a lot of people you definitely know suggest, hey, you should go visit the factory. But for a lot of other people you know, they might not have the way to go to China or they might not be able to go to Canton Fair or Iwu or other places, and so obviously the easiest place to to find suppliers would be Alibaba.com. So we're going to try something different today. I didn't 100 percent have this plan, but now I just like thought of it right now I just went to Alibaba, but or I went to Amazon and let's just, we're going to do a pretend thing where I'm which is halfway real, and that is, you know, one of the project X brands we do is not the coffin shell, but we also do egg trays. We have this brand called Geese Chicken Coops.
I just like threw in a keyword to Amazon right now egg storage for countertop. This actually used to be one of our main keywords, but now it's not anymore. And then I'm like trying to find something that looks interesting and these like this, this egg basket that has like a ceramic lid. Here let's just pretend that I'm like, hey, I want to have. I want to go source this from China. I want to look. So first step is what? Just go to Alibaba.com and try and figure out what keyword it might be like something similar to this. So you've got a couple of options here.
Kian: Right, because, like you have the traditional egg trays, which could be, you know, wood and plastic, acrylic, whatever, and you could just type in egg tray and you could find it right. But for that particular one, for those who aren't viewing, with like a video, like Bradley, how would you describe this? It's like the shape of a chicken.
Bradley Sutton: Yeah, it's really like the bottom part is this wire mesh like a basket looking thing. And then the like it has, this lid that shape like a, like a, like a chicken or rooster or something like that.
Kian: here this is a really good example because, like here's a classic example of if you type in like egg tray or whatever on Alibaba, like this product probably won't come up, like we can have a look, but it probably won't come up the way that we're looking at this one, right, but like for you to have more defensibility in your brand, which is really, really important for 2024, you might need to go to another manufacturer which doesn't make egg trays. So you're looking at eggs right now and we don't see that particular product. Right, there's nothing like that. Yep, we could type in like caged basket for you know, holding fruit or holding vegetables or whatever it may, be right, and we could find the bottom part, but for the top part it was like a toy chicken, like on the top right, which is kind of serving as like the protector or the top of the basket, right, and so for that I would go to a toy supplier to be like different materials, right, it could be silicone, it could be plastic, it could be rubber, like I would say like rubber chicken toy or rubber animal toys, right, and you might be able to find this for, let's just say, 50 cent or 30 cent or 75 cent, and we could buy those separately and we could send it to the egg tray suppliers, or we could send it to the basket suppliers, right, and anyone wanting to copy that product wouldn't necessarily be able to, because they didn't know that they have to go to two different suppliers. Right, they didn't know that you could, just because if they type it in, they won't find it and they're not thinking.
Kian: Right, I'm going to get an egg tray from a toy supplier. So this is something that gives you like, really, really good defensibility. And this is applicable to anyone like, not even people which are looking for egg trays, but, like, whenever I'm looking at a new product, I'm like, well, what other purpose does this product have? Like, for example, right now I'm using a podcast microphone, right With a boom arm or whatever, right, but like, I could also go to a supplier which makes selfie sticks and take the technology of the telescopic pole and use that right, and anyone who's looking to get like a microphone stand or a podcast mic stand is not looking at like telescopic poles. So there's so many different ways that we can look at other manufacturers to fit the purpose of the product that we want to manufacture.
Bradley Sutton: I like that and that's something that's similar to what I'm actually doing. That's what I'm going to be going to the factory and talking to or, you know, checking out one of the first orders. So, like, what happened with the coffin shelf was that it got kind of saturated. You know, like you know, because everybody watched Project X and everybody started launching, you know, coffin shelves and now there's a million coffin shelves and I didn't want to do, I didn't want to play the race to the bottom price wars. You know, like, there's people now I used to sell the coffin shelf for like 32 bucks and now there's people selling it for like 19. I'm not going to try and compete with that price. So I'm like I'm going to go opposite, I'm going to raise the price back. Like I was selling for like 25. Now I'm going to raise it back to 30. But what I'm going to do is two things. Number one I'm going to buy a really fancy box and it's a box shaped like a coffin, like. So somebody would actually gift it to somebody in this coffin shaped box, and the box itself is almost a product. You can use that as a sock storage or something like that, because it's a really high quality. I mean, it's crazy. It's like almost 60% of the cost of the coffin shelf, you know by itself, but we're still only talking like two bucks.
Bradley Sutton: And then I noticed in the customer reviews that a lot of people are putting like these little LED spooky little trinkets and figurines right. And so what I did was I also sourced like a pumpkin shaped LED candle and then a skull, like a, just a mini skull, because these are what people are using to display anyways. And so now I'm relaunching the coffin shelf at a higher price point with this box that's super hard to get custom made and from another, a third factory, these LED stuff. And so, like you know, these people who are just trying to make a quick buck and sell coffin shelves, you know, from China for $19, they're not going to take the time or effort to go and source three different things from three different factories. And so now I'm kind of like building this moat around and trying to dominate, redominate the coffin shelf market.
Kian: I guess you could say that's mega and I'm glad you mentioned that as well because, like so, I was at this show called like global sources, just like last month or wherever, and I was filming a YouTube video, actually just posted it yesterday on like the highlights of that show, and I walked, assembled, into this guy's booth. His name was like Matthew and he had like he was just doing packaging, like really, really deluxe packaging, right. And I go in and I'm like, hey and? But the packaging was like super nice, like it was like magnetic boxes that folded flat, like he was doing it for a Sephora. He was doing like Pokemon boxes, like just high end stuff, right.
Kian: And I was like picking up different bits of packaging and we were talking about like online versus offline and you know different styles of packaging and one color boxes. And then I was like you know how much is this box? And it was like a really small, flimsy one and he was like you know, less than 0.1. I was like, wait, less than 10 cents. He was like, yeah, it's around like 8 cents. I was like no way. And I was like, all right, what about this one? I picked up this like magnetic one. He's like that's around $1. I'm expecting the dude to say like three. He's like wow. I was like I was like these prices seem a little too good to be true. I was like where's your factory? He's like for Shan. I'm like okay, cool, so it's narrow way. I was like what are you doing this weekend? I was like I'm at the factory. I was like I'm going to come visit you this weekend. I was like cool, so rock up. And then I filmed a YouTube video in his factory. I showed the packaging process end to end, start to finish. All the like he had like machines which cost over a million dollars, like everything, like map finishing, gloss finishing, like everything. So the entire process, start to finish. And talking about like 2024 and differentiating and just what you just talked about. That's key. That's so key to being ahead.
Kian: Whether you're selling online or offline, you want to win the click. Online, sometimes you show your packaging in the main image, sometimes you don't. But if you're selling it in retail, it's on a shelf. You have to catch people's attention. So if you're selling offline, you really, really have to catch people's attention. If and that's through the packaging, that's the first touch point and it can be catch for attention by color. It can be by innovative design. So packaging is going to play a super, super important role. So I'll definitely connect you with Matthew.
Bradley Sutton: Awesome, Awesome Thanks, Appreciate it. All right. Going back to our olive oil, let's go to something more traditional, All right, so that's a great way for differentiation. Let's just say I picked something else while you were talking right now, Something that's kind of like all right, this is not something that you necessarily differentiate, Like we always. I think you should always differentiate, but maybe not let's not go to the effect where, like, hey, let's try and get stuff from three or two different factories and let's do fancy packages, Because you know, sometimes when people are just getting started, they want to get their feet wet. You know that might be a little bit too difficult. So then I pick again in the same niche. I hit this keyword egg dispenser on Alibaba, and so you know, for those watching on YouTube, you guys can see this. For those listening on podcast, we'll try and describe it here. But now let's just say that this, this kind of egg dispenser that has this like row, it looks like like a row on the top of eggs and it rolls down to the bottom row. I guess you just pick one and then it rolls down. So let's just say that, for whatever reason, this is the kind of product I'm getting. I just did my very first search on Alibaba. This is definitely the keyword. Next step would be so I start doing using some of these filters and then, if so, what would you suggest?
Kian: Yeah, yeah. So I'm so glad you're showing this visually online as well, right, because you can look at that image. Right, see the second image. This says $2.50. The second one says, yes, 88 cents. It's the same image, right? So, yeah, this is what. This is where we need to get really, really clear on the filters. Right, because it looks like the exact same product. One is well, the one's three X the price of the other one, and you could see that I'm like, oh, okay, well, I'll go for the cheapest one. But you haven't necessarily done the research to know what already different materials or different sizes or different specifications. Does one hold more eggs? Does one have deluxe packaging? So we don't really know that, right? So you went to Alibaba.com and you typed in egg dispenser, and this is the first thing that came up. So the first point right, I would select verified manufacturers. So that's the first point that you see in the list right. Why this is so important, is that, yeah, perfect. This is where we need to be. The purpose of using Alibaba.com correctly is not to find the cheapest price. It's to find the best manufacturers. Once we find the best manufacturers, then we can start to negotiate the price. So the purpose right now we're just looking for the best manufacturers.
Kian: So the first thing you did was you selected verified manufacturers. And what's that for? It means any information that they provide on their listing, whether it be number of years in business, how many staff they have, what certificates they have, what patents they have, what products they have, what does their production line look like, the images of videos in the factory. That's all been verified by a third party, meaning intertech, SGS, tuv. One of these very reputable companies have gone in and verified all the information is true, whereas if we didn't work with verified suppliers, then whatever information they want to put there, we just have to sort of take their word for it. So verified is the most important thing to search for first. Then on the left hand side of the page, you'll see trade assurance right. I would always click that as well, and trade assurance just means that your payment is protected. So if you've ordered an egg dispenser which holds 20 eggs and you do the production and you receive one which only holds 10 eggs, then the trade assurance will protect you and it will refund your order because you've selected that right. That's just a little bit of a safety net, important for, like you know, new sellers, right. And then as you scroll down on the left hand side of the page, you'll see something that says management certification, right. And if you scroll down a little bit more, yeah, so you see like BSEI, and you see sedx, you see ISO. I always like to select BSEI and ISO. So BSEI is your business social compliance initiative and ISO is just a really high quality standard and this just basically means these are factory certificates that they have. So BSEI will go in and they'll check, like you know, how many years have you been in business? Do you have, like, fire extinguishers? Do you have adequate lighting, do you have safety exits? Like we've checked the dormitories, we've checked like the canteen where the workers eat. So it's kind of like gives you confidence that you're working for a very, very good factory, right. So now, if we go back to the top of the list, right, we've now we've searched by manufacturers, we've got verified manufacturers, we've got trade assurance and we've got factories which have you know, bsei and ISO certification.
Kian: So now, as I'm scrolling down the list, like if you zoom in on the company names, like the first word in the company name is always the city or the province in which that factory is located. So sometimes, like the factories like electronics are made in Shenzhen, backpacks are normally made in like Chenzhou. Like furniture, like steel tubing for furniture, chairs is made like Yongkang. So I'm just trying to get familiar Is there an area which specializes in egg dispensers? Maybe not, because it's such a niche product, right, that maybe you could make it anywhere. But as I scroll down, I'm trying to see, like, is there one name that pops up more frequent than others and in that interesting, the area which specializes in that product? But I see Ningbo has probably popped up a few times, right? So yeah, but anyway, doesn't matter. If Ningbo had popped out like eight out of nine times, I would say, right, well, that's the region we need to be ordering from, interesting. Then, as you scroll down as well, I would be like looking at the images as well, to see, like, do I find something similar to what I was looking for, like when we search by products like your first look somebody is specializing in that one crazy basket, one that we looked up earlier, that's crazy.
Kian: But you know what's wild, though, right, I'm not surprised we found it because we had searched, like the highest level certification, so like that product would have required, like you know, some sort of standard. So it like the purpose of this filtering process is to align you with top factories, and top factories make top products right. And as you scroll down as well, I saw the main image. That was the one we were looking for the white one here, yeah, yeah, right here, that particular one, right. So now if you click on like view profile, we can just there's a couple of like boxes I need to tick of the supplier before deciding is this someone I want to work with? Right? So you see first on the left right Well, actually on the right where you were looking right, If you scroll through those like, you'll see videos of the factory. You'll see like images of the production line and you've seen the top left it says verified. So all these photos and videos have been verified. So like if you know that as the actual factory, because the third party has gone in and verified that's a factory, so you can actually see inside the factory and know that's them right. So we know exactly who we're dealing with.
Bradley Sutton: They didn't just pull this, you know, like video or something like from stock video or something like that.
Kian: Yeah exactly Right. So now, like before, without even going to China, I've got eyes and ears inside the factory that I can see what they actually look like. So if on their Alibaba listing they say, oh, we've got 200 workers in our factory, you're like, well, I can see the images that shows you've got 200 workers, right. Or if they said they had 200, but we see a production line with five workers and you're not verified, then we know that you know something isn't right there. So on the left side of that, you see where you have all those blue ticks. So it says, yes, all verified capabilities. So if you click on the bottom where it says, see all verified capabilities, this is everything the factory is verified for. So it says certifications, sedex, bsci. It will say, like you know, material trace. It says like quality traceability, things like that. So if you were like look, I need to know. Like, do these egg dispenser trays come from a sustainable source? We want to use like recycled materials, we want to use eco-friendly materials, then they can tell you yep, cool, we have traceability of our raw materials. We can find that out for you. So just by clicking that, we can find out what are the capabilities which are verified of this factory. And then, as we scroll down, like the main things which are really really important, see that where it says profile right, if you keep scrolling down, right, it's got right. See here so it says established yeah, years in industry 16. That means that they've got like 16 years worth of experience, right, so they've got the. See the audit there under certifications, where it says SMETA. That's part of the SEDEX audit and I know this so well because I was a board member for SEDEX in 2013,. After we did the production for the Olympics, every factory which made Olympic merchandise had to have a SMETA audit, right, and that was like they checked all the smallest details of the factory, right. So that's a really really good sign if they have that right. And then they've got the BSCI certificate. You can see that Now, as you scroll down, we're going to look at their production capabilities.
Kian: See there it says production lines. They've got three production lines and they've got 18 production machines right Now. This is so important. This is so, so important, right, Because you are, let's say, doing this product for the first time. So they have three production lines means they're like relatively small company, right, so that's good for you because that means that they'll probably do a low MOQ. Let's say you wanted to do 500 pieces trial order, but let's say that production line. Let's say it said they had 250 production lines. You're like this company would never want to work for me. Like, why would like? I just want to do a small order, 300 pieces. They've got 250 production lines. We're not a good fit for each other. But on the flip side, if you're a big brand, if you're doing, you know, 10,000 units a month, then you want that factory which has got 250 production lines. So this kind of sizes you up to be like am I aligning with the manufacturer which is fit for purpose, right?
Kian: And then the other really important thing to look at where it says trade background and main markets, it says North America 38%. Western Europe 35%. That is so crucial because 70% of their, more than 70% of their exports are going to the US market and it's going to the European market. And what does that mean? That means they're compliant with the latest FDA regulations in America, compliant with the latest like food standard regulations in Europe. Otherwise we wouldn't be able to sell to those markets if they weren't compliant with those standards. So if you're ordering this product for the first time and you know your factory has already got the certification or compliance needed to sell food products in the US market, because they're already selling in the US market. But if we looked at the trade background and it said, you know, 40% South America, 40% Africa and 20% domestic market, meaning China you're like well, you've never explored this product to America. So how do I know that you're capable of passing for FDA standards? So, but this factory, this is like one of the first ones we clicked on right, it's got everything we need right.
Kian: But it was because of that filtering process. It's because we selected verified, we selected trade assurance, we selected ISO, we selected BSCI, so like it was in touch with the top manufacturer and then, like I'm pretty sure that if you go to the other manufacturers on that list as well, we'll find similar information that is a good fit for us. So that was kind of like the initial research to be like right, let's find a good factory. That's part one, right. Part two is now how do you read, how do you talk to that factory for your first message? Right, Because this is where I feel like a lot of sellers like stumble. They're like right, found a good factory. We followed your process. But, like, right now, what do we say? Like, most sellers go, hey, what's your best price? What's your MLQ? Can? I just heard this podcast? Can I get customized packaging Right? And then, yeah, so, supplier, bear in mind these suppliers are probably getting 50 to 100 inquiries a week, probably more, right, and my purpose with the original message is how do I get my inquiry to jump out at the top? How do I get the supplier reads my message and be like oh, I want to work with this guy, right? So I kind of write my opening message as like a three part.
Kian: Like it first, introduction about myself hey, this is me. I'm passionate about eggs. I've been farming for 10 years and I want to start my own brand. Right, oh, cool, someone who really, really likes eggs. Right, they'll be a good person for this product. And then you can say, hey, we work with the biggest like influencers in the food space. Because I'm a beginner, right, I'm selling this, I'm ordering this product for the first time. So I don't want to say, hey, I'm a beginner. I want to say like, hey, I'm just ordering this, but here's my leverage. Like, I've got connections with the biggest influencers in the home and kitchen space. I've got connections with retailers that I've done business with before. I'm very, very skilled at selling on Amazon. I've exited a previous business before. I want to say something that gets them excited for them to work with me, not just, hey, what's your price, right?
Kian: Second, I want to say why I chose that supplier, because all the things we just looked at, like a number of production lines you know 70% exports going to Europe, right, you having this meta audit. So I would say, look, quality standards are very, very important for our company. It's great to see you have this meta audit. I'm so, so happy that you also place a high importance on quality standards. I see that 38% of your exports go to North America. That's amazing because we'll be selling in America as well, and I'm glad to know you're compliant with the latest certifications. That's just me telling the supplier. I've actually read your company profile and I've selected you based on these reasons. I've not just gone into Alibaba, I've not just typed in egg dispenser and just selected the first 10 companies and copy and pasted the same message. I've actually had to read your company listing and I've actually had to write a customized message to send you this so they'll understand that. And then then you're like okay, this is a product that we're looking at. Here's the picture, here's the specification sheet, this is the materials. What would be your best price for this product?
Kian: Suppliers now thinking I want to work with this customer because they have the ability to sell the product through their experience, through the influencers they have access to. They seem to understand quite a bit about manufacturing because they've told us what they've selected us. This is a customer which I think will go far because previously we've received messages asking for price in MLQ. We supply that and we never hear from those guys again. But this one seems serious. So we've gone through that process and we've found who are the top suppliers and then we've actually crafted a message that makes them want to reply to us. Because suppliers not thinking these are just egg-tracing, these are 80 cent. Maybe you order like a thousand pieces, right, a thousand dollar order. Suppliers not thinking they're going to get rich on this first order. They're thinking how much money am I going to make with this customer over the next three, five, ten years? So as long as you state look, business, partnership long term and this, together we want to grow this big business. You're saying the right things that get them interested to make your trial order first. Even at a break-even, they probably won't make money on the first order because of all the time and effort they have to put into sampling and things like that. They know that and they just want to work for you because you seem like a serious customer which you'll build with over the long term. So those are two really important things finding the best supplier and then communicating correctly with those suppliers as well.
Bradley Sutton: At what point are you submitting like a RFQ request for a quote?
Kian: So that's a really good point, right? So you can also do a request for a quotation. And I'm hesitating before I say this, right, because that process we just went through. We selected two of our best suppliers that we want to work with, right, we filtered out the bad ones. But when we go RFQ, we just submit our information one time and then the suppliers receive that request for a quotation and then they write to us. So now I have to do that filtering process again, but I have to filter the ones that write to us, right? So, because you might get an unverified supplier that writes to you or things like that. So you can also do RFQ because you think it saves you time, but realistically you have to go through all those applications of people which write back to you. And another thing I'd be cautious of as well and I'm not saying don't do it, I would just say that it might imply more work. It looks like it's going to save you time, but now you have to filter through every single manufacturer. But we just filtered through those suppliers really, really quickly.
Kian: But ultimately the main selection criteria that we have to decide is what's the price of the sample and what's the quality of the sample. So once we get that information back, we have to then decide right. Am I happy with the price, does it fit within my target? And am I happy with the quality of sample? Because, as we saw, we might get a price for 80 cent and we might get a price for $3. I have to see the sample right. But by doing this exercise we're going to get a good idea of what is the market price for this product, because we went through that selection process to identify the top manufacturers and now we've got pricing from who we think are the five top manufacturers. So if our pricing is 95 cent, $1.05, 88 cent, like 112, we're like okay, we know it's around that $1 mark. But if I get pricing of like $3.50, $0.62, $4, I'm like this pricing is all over the place.
Kian: Like I haven't. It's my fault I've not told them the specifications of which I require. I wouldn't just click on their image and say what's the price of that. I would send them a specification sheet of here's a picture of the product, here's the dimensions, here's the material, here's any testing that I need. And they like give me your best price. So they've all received the same information. So you're comparing apples with apples and then, once you see the price that you're happy with, you've compared it to the rest of the market. You see someone that you like communicating with. They have the right certification. You get maybe two or three samples from different suppliers. You compare them right. This is the one. Then here we go, let's place the order, let's go for it.
Bradley Sutton: Normally? What's the standard as these days as far as factories and samples Like do you always need to pay for the sample 50% of the time? Do you need to pay for the shipping? 50% of the time? 25% of the time? What's your?
Kian: experience lately? Yeah, so great question. And I would say that it depends on the leverage that you build, right. So, for example, that reach out message like if they think you're sort of wasting time, then they're like right, $100 for a sample, $100 for a freight, paid us $200 invoice and you'll get a sample, right. But if they're like I want to work for this guy, like I think he's capable of building a really, really big business and they'll do all right, cool, we'll just send a sample to you, no problem. Some people might say, right, we'll cover the cost of the sample, you just covered the cost of the freight. So, cool, right, fair. I always say, look, I've got no problem, I'll pay for the sample, but if I place the order, I'm going to deduct the sample cost from the first purchase order. That's always what I go with, right. And they're like fine, because I'm not trying to get free samples, right, that's something suppliers are fearful of. They're like but no one really wants a free sample of an egg tray, right. But if we took an example like a massage gun, you know, when massage guns got popular, everyone wrote to Alibaba manufacturers and said, hey, I want to order 10,000 massage guns, but I need a sample. They send the sample and then they never hear from them again. But that guy just got a free massage gun, right. So that's what they want to avoid. So I always offer to pay.
Kian: I say, look, I'll pay for the sample, but I'm going to deduct the sample and freight costs from the first purchase order. And that is music to their ears. They're happy to hear that because they know that first of all, you're paying for the sample up front and then if the supplier ends up having to pay for it, will they go and order as a result of it, which is what they wanted all along, right. So that's normally the way I go. Sometimes they just send it for free. I'm like cool, very nice of you, and sometimes, if they charge me, I just always have that in writing. That will deduct that from the first purchase order.
Bradley Sutton: Are you doing any like other website price matching or looking at like you know? Like maybe going to 1688 or something you know? That was a you know kind of like always suggested back in the day because there's a lot of price differences there and sometimes the Alibaba people, Alibaba factories, would be like, okay, yeah, we can probably go lower or that's not as much of a technique anymore and to be honest, I've always advised against that because, yes, you can.
Kian: So 1688, for anyone who doesn't know, is like the domestic. It also owned by Alibaba and it's the domestic Chinese website. It's where, like, Chinese businesses buy from Chinese factories, everything's in Chinese. And then I think some people announced that it was a hack, that you could go to 1688 and get cheaper prices. And yes, there are cheaper prices, but that's because those products aren't being exported. So you know the things that we just looked at in terms of like, okay, is this egg tray FDA approved? Well, it doesn't need to be FDA approved because that's not a regulation in China, so they can use it with a different chemical. Therefore, it's a cheaper price. So if you go to 1688 and look for your products, yeah, you probably will find them cheaper, but then if you need them to match regulations of your market, then that's when it's going to make it more expensive.
Kian: So I don't necessarily look at other websites, like I think you know you could go to globalsources.com, you can go to madeinchina.com. There's also sort of different websites as well, but generally enough, like, there's so many good factories on alibabacom and that definitely improved after COVID as well, because I never used to use alibabacom, like I was just used to go to China. I used to live in China. I used to go to the Canton Fair twice a year and that's where I'd find all my factories. And then, because Canton Fair was out for three years, that's when a lot of those factories started going online and Alibaba was like the first place that they would go. So I would suggest you're absolutely fine with alibaba.com. You can also, if you want to find the manufacturers of your competitors, you can look at importyeti.com, and I would say the best thing you can do for your business is really visit China as well. Go to the Canton Fair, and really because, yes, there's a cost in terms of a flight ticket in hotels to go to China, but I always say that cost more than pace for itself, because you are essentially fast tracking your product development.
Kian: You're seeing products there for the first time that you'll see them in real life before you see them online from other brands, and now you have to make your own version. You'll be able to negotiate better prices. You'll be able to get better quality products. You'll be able to build better relationships with your factory. You'll be able to get samples very quickly If you're like Bradley actually. So you're going to the factory. I guarantee you, if you ask for a new product and you wanted that sample, that sample will be ready in two or three days and you can take it home with you right? They'll send it to your hotel by the time you leave. But if you reach out to these guys online, you're like, hey, we're working on this new product, we're going to take them two weeks to make it. We can have to send it. It'll take a month. So you can massively and imagine you've got multiple products across multiple brands. You've got a month edge on anyone in the market just by being there. So I would highly recommend. But you know, canton Faire is only April and October every year, so you can visit China anytime you want, but all year round. I would be visiting websites like alibabacom to get an idea of right, who are the best suppliers and what are the best prices, and are there any new products that we just found as well? And then I'd be going to China as well, on top of that as well.
Bradley Sutton: All right, before we get into your last strategy of the day, how can people reach you if they want to, you know, see your videos or maybe reach out to you for some advice?
Kian: Yeah, sure, so I'm putting a lot of work into the YouTube stuff. So if you just type in Sourcing with Kian on YouTube, you'll see a lot of cool videos there. I started making a bunch of different videos on this China trip. I went into factories, I went into packaging factories, product factories and filmed videos of like. So actually, brad, I'll try and send one to you before you go as well, just so you could get a little bit of an insight. But, yeah, Instagram as well @kian_jg. I've got a Facebook group of the same name Sourcing with Kian and yeah, it's probably the best way to reach out to me. But I've got some cool stuff planned in the coming year in regards to, like, trips to China and stuff. So, yeah, definitely look out for that.
Bradley Sutton: All right, what's your last strategy of the day? Maybe a 60 second strategy or around there for that you can share with the audience.
Kian: I would say like, okay, 2024. Something you want to focus on would be product defensibility, right, Because you know, as you mentioned, with the shelf, like you know, a lot of people copied it. It raised at the bottom in terms of price and we have to innovate on top. So just like sort of three actionable tips. In terms of product defensibility, there's three main things you can focus on An act's getting exclusivity on your product, it's having a particular mold on your product and it's also getting patents on your product right. So exclusivity you can like if we go into a factory and we see a product that we like we didn't innovate it, factory did right, I can still order that product. But I can say, look, I want exclusivity on that. And you can get exclusivity by time. To be like, give me three months, we sell it to me and no one else. You can get exclusivity by region. To say, right, give me exclusivity for Germany or give me exclusivity for USA. Like we can pick a market, not just the whole world, and get exclusivity by that. Or we can also get exclusivity by quantity. To say, I've forecast I will order 10,000 units over the course of the year. If I don't order those 10,000 units, then you can sell it to everyone. So we just got exclusivity on a new product and I did this countless times at Alaska Anton Fair. That's a great form of defensibility.
Kian: Then, like patents, you know you can patent the product. Supplier might have a patent on the product, but the more. And then oh, by the way, this is such a sick hack, right, there was a particular product that we've been selling for a while. Factory has got the patent on it and then a lot of US brands were copying and infringing Chinese factory, trying to go after those US brands. They write to them and they're like hey, yeah, we're this company, we have the patent. The US brands just ignored it. They're like oh, it's a Chinese company, they're never going to sue us. I said to them look, make our company the co-patent, so we have our US brand. I was like make us the co-patent owner and then we'll go after them. Done Like, we now own the patent of that and then us, as a US brand, using US lawyers, are going after those US brands and are getting shut down left, right and center. So if you have a factory which is patented the product, that's a huge key if you can get co-patent on that as well. And then I mentioned molds as well. Like, molds are expensive. If you're developing a mold on a product, definitely get your logos embossed on the mold as well, so that they can't use that for anyone else as well. So, yeah, those are the key things defensibility, exclusivity, patents and molds.
Bradley Sutton: All right. Well, Kian, thank you so much for joining us. I'm sure 2024 will be great for you and hopefully we get to hang out at an event or here locally. I've got to get you on my Helium 10 basketball court here. We've been trying to do that for a while, so, hey, I'm ready, we'll anytime we'll settle at once and for all Lakers versus Clippers. I'll wear my Clippers jersey, you can wear your Lakers and we'll see. We'll see who comes out on top.
Kian: Let's do it, let's do it. Good to see you, bro, and thanks very much for having me and congrats on the 500 plus episodes. | |||
| Helium 10 Buzz 1/4/24: TikTok Shop Wants to 10X | New Amazon Sponsored Brand Features | 04 Jan 2024 | 00:21:15 | |
What’s buzzing this week? Listen in as we explore TikTok's bold aspirations to skyrocket its e-commerce revenue, Amazon's innovative theme targeting for sponsored brand ads, and more! ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. TikTok eyes US$17.5 billion shopping business on Amazon’s turf https://www.scmp.com/tech/big-tech/article/3247219/tiktok-eyes-us175-billion-shopping-business-amazons-turf Sponsored Brands introduces theme targeting to enhance goal-based campaigns https://advertising.amazon.com/en-us/resources/whats-new/sponsored-brands-introduces-theme-targeting/ Alexa is now available as a new supply source for Standard display and AAP-mobile app https://advertising.amazon.com/en-us/resources/whats-new/alexa-available-as-new-supply-source-for-standard-display-and-aap-mobile-app/ Sponsored Brands video introduces video-only creatives on the advertising console and Amazon Ads API https://advertising.amazon.com/en-us/resources/whats-new/sponsored-brands-video-introduces-video-only-creatives/ And for those looking to network and learn, Bradley extends an invitation to join upcoming events in Dubai, Pakistan, and Germany. Finally, our conversation leads us to Helium 10 new feature alerts emphasizing the importance of competitor monitoring, emphasizing the convenience and impact of setting up a comprehensive Insights Dashboard. Bradley guides you through automating competitor tracking to save precious time and demonstrates how to assess a niche market - with coffin shelves as our case study - using analytical tools to scrutinize competitor listings and keyword strategies. Additionally, he stresses the advantages of the Listing Analyzer tool, which transforms the arduous task of comparing listing images into a seamless, one-click operation. Stay tuned for next week's episode, where we'll continue to share invaluable insights for sellers looking to thrive in the fast-paced world of e-commerce. In this episode of the Weekly Buzz by Helium 10, Bradley covers:
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| #523 - Using Amazon Brand Analytics Data Like You Never Have Before! | 02 Jan 2024 | 00:39:05 | |
Listen in as Bradley Sutton unveils the game-changing Black Box Brand Analytics tool, a groundbreaking resource that blends Amazon’s Brand Analytics with Helium 10's robust capabilities. This episode is a gold mine for Amazon sellers eager to master product research and optimize their keywords to increase Amazon product rankings. Bradley walks you through the ins and outs of using the tool to pinpoint high-traffic keywords, unpack the nuances of search frequency rank, and demonstrate how these insights can drastically improve your click and conversion rates. Using practical examples, such as the comparison between "coffin decor" and "coffin cat tree," he highlights the market saturation and what it means for your marketing strategies and listing optimization. In the second part of our session, we turn our attention to the strategic application of data filters for laser-focused keyword research. Bradley guides you through advanced techniques to navigate through the data, revealing how to eliminate certain terms and hone in on keywords with substantial search volumes. Moreover, we shed light on how to identify products with low conversion rates and dissect the competition by examining click share and conversion share metrics. We also dive into analyzing Amazon's Best Sellers Rank to identify high-performing products and dissect the success factors driving traffic to top listings. By listening to this episode, you'll gain valuable insights into market gaps and learn how to strategically position your products to stand out in the crowded Amazon marketplace.
In episode 523 of the Serious Sellers Podcast, Bradley discusses:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton: Today I'm introducing a brand new, really cool tool to Helium 10. It's called Blackbox Brand Analytics and it allows you to combine Amazon data from Brand Analytics with Helium 10 data in ways that you have never used before. How cool is that? Pretty cool, I think. I want to know what keywords are driving the most sales. For a list of keywords. To do that, you need to know what highly searched for keywords the product is ranking for maybe at the top of page one. You can actually find that out in seconds by using Helium 10's keyword research tool, cerebro. Now, that's just one of the many, many functions that make this tool my favorite tool in the whole suite, and it's the most powerful keyword research tool ever created for e-commerce sellers. For more information, go to h10.me/cerebro. Don't forget to use the Serious Sellers Podcast discount coupon SSP10.
Bradley Sutton: Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That is our monthly Ask Me Anything and training session. This is actually something that we do every single week for our Serious Sellers Club and Helium 10 Elite members. I got a cool demo I'm going to be doing today a little mini training on a brand new tool that Helium 10 launched a couple of weeks ago that maybe you haven't had a chance to play with yet. So we're going to be demoing that so that you guys can see how you can get benefit from it. So let me show my screen here. This is brand analytics. All right, so this is not Helium 10. Obviously, this is from Seller Central, but this is something that you guys have been using maybe for years, right, it's? Anybody with brand registry can use it. The way you access it is go to your menu in Seller Central, then you go to Brands and then you go to Brand Analytics and then you want to hit, under Search Analytics, the top search terms.
Bradley Sutton: Now how I've been using this, how sellers have been using this the one, the version that's on Amazon, is you can go to a date range, like weekly, you can go monthly, you can go quarterly, and then let's say, first of all, that you want to see all of the keywords that start with the word coffin. Right, like hey, what keywords have coffin in it that was searched for the most? So here is one use case. All right, so I'm going to hit Refine Results after I put coffin inside the search term and then now all of the keywords that were searched the most on Amazon show up here for this week. Let's start with the word coffin. So we see, here we've got coffin nails tips, a lot of stuff that has to do with nails. Right, search frequency rank is how often it has been searched compared to other keywords. There we go. There's coffin shelf all right, c coffin shelf has been searched for is the 129,000th most search term on Amazon for the week of 1217 to 1214,. All right, you can see other other keywords here that have come up Now. This is great. Obviously, you know it's been out for a little over three years almost four years I think and it gave unprecedented at the time information you know, like, for example, let's take that word coffin shelf. Or let's go into a different one, let's go to coffin decor all right. So now if I see here under coffin decor, I can see the top three clicked. All right. So again, if you guys know this, you know you might be bored right now, don't worry, we're going to get into the new stuff soon, but I want to make sure everybody understands the value of this data.
Bradley Sutton: First of all, what Amazon is telling you is, for whatever keyword, here are the top three clicked out of the after the search of a certain keyword. So if somebody searched coffin decor, the product that was clicked more than any other product in all of Amazon after the search of that keyword is this Gothic wooden makeup organizer. All right, and it makes up 5% of the clicks. Now, of the conversion share, it was 6%. That means of the actual sales of that product it makes up 6%. So, right off the bat, I know that they have a better conversion rate than just the average because, theoretically speaking, if they were converting at the same rate as everybody else on this page, well, their click share, or their conversion share, should be about the same as their click share should be 5%. Right, but it's 6%, okay.
Bradley Sutton: The other thing I can do when I look at this and how I used to use this is I, right off the bat, can tell this is a wide open keyword. Why the top clicked product is only 5%, meaning that the other top clicked, the top three clicked, are less than 5%. What does that mean? That means that more than 85% of all of the sales from this keyword are from products that weren't even the top three clicked. Does that make sense, guys? That means it's wide open. That means people are probably purchasing like 30 different products on that page, and let me just contrast that with this keyword right here. This is actually the keyword that I found the other day using this tool. Look at this keyword here Coffin Cat Tree. Now, coffin Cat Tree. Take a look at the percentage of clicks that the top clicked product has 33%. You guys remember what the other one was 5%, right. The second top clicked product 27%. So, right off the bat, I know that this keyword, coffin Cat Tree the top two clicked products, already make up more than 50% of the clicks out of all the clicks on this keyword. Look at the conversion rate 33% for this top clicked one and 11%. That means that the other products on the page are only making up about 60%. You guys remember what it was on the other one it was more than 90%, all right, so you see the huge difference. So this is being dominated by a certain number of products.
Bradley Sutton: The other thing that you could use brand analytics for is your historical data. Before Helium 10 had the historical cerebro, this was the only way that you could do historical research Like let's say, all right, hey, valentine's Day is coming up, right. What's interesting is I can actually look at what were the top keywords, and maybe I want to put valentines here. So here in brand analytics, I'm going to. What did I say I was going to look at 12th to February 18th. What were the top keywords? That has to do with valentines, all right. And yeah, I think I picked the right date because, look at these, valentine's Day gifts was the eighth most searched term in all of Amazon for the week of February 12th. So obviously this was a hot keyword. But if I were to try and do this right now, you know, if I was using not historical cerebro, it's not going to give me what are the best selling Valentine's products, because nobody's buying Valentine's Gifts in December, right. So this is was one of the ways that people could do Historical keyword research and see what were the products that were doing well, right, all right.
Bradley Sutton: Now that brings us to this announcement of this new tool inside of helium 10,. All right, I want everybody to navigate with me there. It's going to be under tools and then go to black box. All right, black box is a tool you guys know and love to find products, and now this tool Is in black box, and there is a new Tool here called a BA top search terms so I call this black box brand analytics. All right, a BA is just a abbreviation, because that's too long. A BA stands for Amazon brand analytics, so just click that and let me explain how this tool works and why this is going to be beneficial for you.
Bradley Sutton: This is going to be pretty awesome, guys, because this is pulling in all of that data from Amazon, and now it's combining it with the helium 10 data points that you already know and love, and it's giving you just a lot more targeted filtering ability and research capabilities. For example, I could just use it the same way that I was using it right now. Right, like again, hey, let me go in to the week of February 12th to the 18th and let me See what keywords that have the word Valentine in it, and then go ahead and apply the filters, and there those same keywords are coming up here right now. All of a sudden, though, I can see that, hey, what does being the eighth most search term mean? Right, it's not just that, which doesn't give me that much information, but now I can see, oh wow, the search volume was 2 million, because that's a Helium 10 Data point.
Bradley Sutton: All right, I could see the top three ASINs, total conversions, share. I could see pictures of the top products All right, and I could also go to the history of the click share for this product. So I can do already just what current things that you can already do in Brandon Alex. But here's where it starts getting cool. Maybe I I'm like, hey, I want to Not see any keyword that has candy in it. So I'm gonna say exclude phrases containing candy, all right. Now I want to see. Maybe I want to see were there any products or Were there any keywords where the current the click share was wide open, meaning that people were clicking all over page one. There wasn't any dominant products. So I'm gonna say the top three ASIN total click share is a maximum of if I were to add them up together, a maximum of 20%. Let's just say, all right, maybe I want to see I don't want to see this two word Keywords. I want to say, hey, show me any keyword that hits this but that actually had three words. So like Valentine's Day wouldn't come up, but Valentine's Day gifts would come up, all right, what else can I do? Hey, I want to see the keywords that have a search volume of at least 20,000. All right, a search volume of at least 20,000? All right, let's just. Let's just see how that filters it down here.
Bradley Sutton: Now, all of a sudden, those 2,600 keywords Go down to 36. Look at that. I went from 2,600 to 36 and now I can see Instant information, exactly what I was looking for. What are some other things I could search by? Like maybe I want to say, hey, what are all the the keywords where the top three products had bad conversion rate? All right, so let me reset these filters on and I'm gonna go and look at Just this last week. All right, guys, I have not tested any of this, I'm doing this all live right on the fly here. But let's look at December 10th through the 16th. Let's just say, out of any of the top keywords from December 10th to the 16th, if it was a keyword that had, let's just say, at least, let's just, let's just narrow it down. Let's try and find some low-hanging fruit. Let's go 2000 search volume to 6,000 search volume. All right, we're finding, from the week of the 10th through the 16th, a Keyword that had between 2000 and 6000 search volume. It's at least two words long, okay.
Bradley Sutton: And then look at this. I'm gonna go hey, I want a Matt. Let's just say One asin had greater than, hmm, let's just say, 50% of the clicks. So I want to find a keyword where one asin is just dominating. All right, they were just dominate. I'm not sure if, you know, I can actually find something here. I might have to fix this a little bit, but we're one what had more than 50% of the clicks, meaning that you know, maybe they're, they're, they're just completely Dominating the clicks. Everybody's looking for this one product, all right. But if I take, look at this, the top three click asins, the average age is less than, let's just say, 12 months. All right, this is crazy, guys. You can't do this in seller central. Let me see, first of all, if anything comes up. I might have gone too narrow on this. Let's take a look here. And let's go 12 months average age 94 keywords come up. Look at that. All right, let me. Let me make it even more narrow conversion share let's just say we're one asin. Number of asin has greater than 40% of the conversions. That narrows it down to 62 keywords.
Bradley Sutton: Now let's just take a look at it now. Obviously, we've got Lego and stuff like that here, but Is there anything One? So a lot of brand names here? Okay, that that that explains it, right? Which would you expect Products to dominate on a certain keyword like this? Well, obviously, it's going to be brand branded keywords. Mostly, if I'm searching for a Lego, I'm not gonna buy something else, right? Or here here. But look at this bubble face wash, right? Maybe I don't know what bubble face wash is. Well, I just put my mouse over here. I can see the top 10 products. So I'm like what? Why in the world is A Product getting dominated? Well, it does look like bubble is a brand name, which I didn't realize, right? But let's say that. What? Let's pretend that bubble wasn't a brand name? This would be something I would want to look into. Like, wow, there's only one product that's really getting a lot of sales here and a lot of conversion rate, and so that means that if I add another product, it's gonna be that much more likely that I can, I can get in on the action.
Bradley Sutton: Let's take a look at some of the other keywords that come up here to see if we can see any non, any non branded branded ones I might want. I might want to go a little bit. I'm gonna go a little bit wider on this. All right, let's go. One asin had more than 30% and the top three ASIN's total review count is less than 400. All right, again, this is stuff that you cannot do in Seller Essential guys. But what I'm saying is, hey, I wanna see where it has a lot of the clicks. I need to go a little bit wider on this, but if I add up the top three click products, their total review count is less than 400, meaning it's a relatively newer niche. Let's take a look at the keywords that come up here Bassinet, lipliner, and I'm still seeing a lot of branded keywords here. All right, which is what you would expect, but look at these conversion share Top three ASIN's total conversion share 70% for this one Top ASIN click share 73%, 98%, 46%, 30%. So this is just an example of the filters that I'm entering, but you can see the potential here of how you can instantly find keywords that might have opportunity here. I was going and I was looking on the opposite end of the spectrum, where I wanna see where one or two products are dominating. Maybe I wanna see the opposite, where I want to see the top products only have a maximum of 5% click share or conversion share.
Bradley Sutton: The list goes on and on. There's literally a million different combinations of filters that you could enter into here. Let's just go over some of these other filters I could use. I could have an exclude phrases. I can have the top three ASINs have a total click share with a minimum and maximum total conversion share, minimum and maximum search frequency rank. That's from Amazon where it's like which rank of search volume does it have? I could use the helium 10 search volume. I can have the search frequency rank trend. All right, search volume trend. Like, let's say it's, I'm looking at the week list on helium 10. Let's actually do that because I think that's a cool one. Maybe I want to see what are the keywords from week to week from December 10th through December 16th. Are there any keywords with at least 5,000 searches that increased 200% and that had at least three words, meaning that, hey, these keywords had to have like less than 2,000 search volume if it increased? And there's tons of them. Good grief, botox face serum look at that. Botox face serum went up. Let's take a look at the search volume here. Good grief, look at this. Like I'm not saying guys, go and source this product. But would I ever have known that Botox face serum went in one week from 10,000 search volume to 200,000 search volume? That's way more than 200% increase.
Bradley Sutton: Look at this one gag gifts adults, dog beds for large dogs Dog beds for large dogs obviously was a hot Christmas product because it went to 151,000 search volume from 22,000 search volume. All right, let's narrow this down. I don't want to see these humongous ones. Let's go to 5,000 to 15,000 search volume. Anything that increased 200%. Let's take a look. We've got 1,200 keywords. Grippy socks, women all right, grippy socks, women is a keyword that went from and we can take a look here. It went from last month 9,000, now it's up to 14,000 searches. Let's see another one here, mr and Mrs Gifts. All right, 14,000 searches. It is up from 6,000 searches, all right. So, as you can see, guys, here the possibilities are endless as far as what you want to play with. Now, the question is this is just version one of this tool is what do you want to see? How do you want to search brand analytics to find products or to find keywords? Remember, this is not just a product research, but this is also a keyword research. You can enter I didn't show this to you, but you can enter in an ASIN. I probably should show that, because that's an important way of using the tool that we didn't go at all.
Bradley Sutton: Let's just go to Amazon. I'm gonna go to Amazon and let's just say that I am looking for a bat shelf. All right, or I'm thinking of selling in the bat shelf, or I am selling a bat shelf and so I wanna see, hey, who's one of the top players in this niche and I could see that, hey, this product here is definitely a top one, so I can copy his ASIN, all right. Now I'm gonna go into Black Box brand analytics and I can paste that here. Okay, and I don't wanna just do this top one, maybe, I wanna do a lot of the top products. So let's just take a couple more of these bat shelves here, all right. Here's another bat shelf that sold like 100 units. Maybe let's go ahead and copy that. I can actually put up to 99 different ASINs here, all right, let's do another one. Let's copy this ASIN, all right. So here's three ASINs. So basically, what I'm saying is here for the week of December 10th through the December 16th.
Bradley Sutton: Show me any keyword that has over 500 search volume where one of these three bat shelves was one of the top three clicked. All right, so this isn't just hey, they were ranking high, which is what's the rebro, and you know keyword tracker and tools like that tell you. But they were ranking high, but they were also one of the top three clicked and there's actually only three keywords that these came up that had at least 500 search volume. Bat shelf, goth shelf and bath home decor Tells me right now. Maybe I wanna go ahead and take off this search volume. Let's go ahead and apply the filters, see if any lower search volume ones come up. Six keywords come up. All right, emo home decor, bat shelves. Plural, bat room decor. All right, so this tells me now where any of my competitors were one of the top three clicked products in all of Amazon for that keyword. So if I have 20 competitors, I drop them all in there and I would instantly I would instantly see that to see where they were one of the top. All right, let's go ahead and open it up right now.
Bradley Sutton: Do you guys have any questions on how to use this tool and what I can help you with or how to use anything helium-tun related. Guys, this is your time here. David says I would like to see leave out a specific ASIN or choose a competitor. Hmm, the second part, to choose a competitor we have that, so you could put in there your ASIN. I would assume, david, the exclude is because you may. Are you saying that you maybe you want to look specifically at keywords, that you are not one of the top three clicked already? And if that's true, yeah, that would seem like a reasonable, reasonable request right there.
Bradley Sutton: We got another question here from Joanna. Can helium 10 find out what's new sellers who are settling the top 10 and best sellers ranking are doing in order to get their Product the top 10 so fast? Well, yeah, absolutely, you could see on the keyword side, all right, so so I don't, I've never done that, but let's walk through this and let's see if we can do it. All right, let's go ahead, joanna, and let's do this as a nice little case study. So let's, first of all, I'll go to see who is in the top 10 BSR in a certain category and then again that's in black box. So I'm gonna go this time to black box products, all right, and let's go into a, a subcategory All right, let's go in the home and kitchen category and let's go into the Kitchen and dining category and let's go bakeware All right.
Bradley Sutton: So let's go bakeware and let's just see who has been in the top 100, like in the last month in BSR. And I can do that right here using the filters, where I put a minimum one of BSR and Maximum 100, and I'm in the bakeware category, I go ahead and hit search. Let's go a little bit higher. Instead of looking at that category, let's look at what was I in home and kitchen. We can just look in all of home and kitchen. Let's see. They better not be doing maintenance on this. Let me get mad. Nope, the here we got, we got tons of products in the home and kitchen category, all right. So maybe I want to know are there any products that are newer here? All right, and we do that by age, all right. So let's, let's go and put here under age a maximum Of, let's just say, four months. Are there anybody within one to 100 of BSR that have a product that's only four months or less? And we've got a lot of products here that have variations. So that's why there's tons of products coming up here, let's see, that has a lot less reviews. I actually don't want. I actually don't want the variations to come up. So let's just say max variation one, let's see if anything comes up at all. Nothing comes up in the home and kitchen category. So what you were asking nobody in the home and kitchen is less than four months old. That doesn't have variation.
Bradley Sutton: So let's let's check out another, let's check out another category here. Let's go under. Let's look up baby, let's look up beauty, let's look up the Entity of home and kitchen. Here we go. Is there anybody? That's a new product that's up. So right now, Joanna, there's not many products that are newer, that are really hitting your criteria. But let's just, let's just expand this out and just do a make-believe. Let's go to 1000 BSR or 2000 BSR and let's see if anything comes up. Here we go, sorry. So here is a product. Let's just take a look at one of these products strong ahead Hair kit. The heck is this.
Bradley Sutton: Let's take a look at this product on Amazon Strong ahead hair kit. I have no idea what this product is, but it's fairly new. It's less than four months old and it's already got a strong BSR. So if I wanted to see instantly what was some of the keyword ways that this product is getting up here, I could actually just run Xray keywords on this page itself, all right. So if I'm on an Amazon page, I put my mouse over the Helium-10 chrome extension and Select x-ray keywords and then I could see, without even having to go into Cerebro, what were the top searches, and I can see there's tons of branded searches. So for this product, now I know instantly why is it one of the top BSRs and it's a brand new product, and the reason is they have crazy amounts of brand search. Like, look at this Olaplex brand search 232,000 search volume Right.
Bradley Sutton: So this is the process, Joanna. Any product on Amazon that you are seeing is doing really well and it's brand new, maybe doesn't have that many reviews. Just run x-ray keywords on it. If you wanna go a little bit deeper, go into Cerebro and then you'll find out where they are at least getting their organic and sponsored traffic, all right. So this is this doesn't show you the sponsored traffic on x-ray keywords. You'd have to look into Cerebro for that, but that's not going to tell you. Are they running Instagram traffic to it, et cetera, but it'll at least give you a nice overview of where their organic traffic is coming from. That allows them to be one of the top sellers. So thank you for that question. Joanna Danian says how does this match up to competitor software using brand analytics data? Well, there's no competitors to Helium 10 that have this as far as, like all in one suites of tools, we're the only ones to have this in it.
Bradley Sutton: Joanna now has a product, so this is the product that Joanna found. It's not selling that great. This is a top BSR, did you say. Let's take a look at their BSR, if it even says anything. So it is the number 33 in the Garment Steamer category right now. Okay, there we go number 33 in Garment Steamer category. Let's take a look here. What are we going? How old is this listing? Let's take a look at the BSR chart history and I could see that it has only been out for three days. All right, it's only been out for three days, so the odds that we could see words ranking for already is probably slim to none, because there's not enough time if this product has only been out for three days. But let's just give it a try. I don't think anything is going to come out here because this is too brand new Like even brand analytics is more than three days old. So brand analytics I'm not even going to look, because brand analytics is usually one week behind a little bit. So when I would check this, joanna is, I would check this next week, once the data comes out. But let's just see if Helium 10 has any data at all for this keyword, even though it was only launched three days ago. Oh, my goodness man, helium 10 is on it We've got.
Bradley Sutton: Let's take a look at keywords where they're ranking in the top 20 and at least 300 search volume. Might not be too many here because, again, this product was just launched three days ago, but there we go, it's already ranking for 30 keywords in the top half of the page. So right here, look at this Travel steamer for clothes, portable mini. Good grief, that is a long tail keyword if I ever saw one. It already has 10,000 search volume and this product is organic rank 13. And look at their sponsored rank. They were one. So they are going hard and heavy on this brand new keyword and sponsored. So there you go.
Bradley Sutton: I was kind of like selling Helium 10 short, saying that we wouldn't have any data since this product was just launched three days ago. Nope, I'm wrong. Helium 10, one Bradley, zero here. Easy to see where this product is getting sales from, because on a 10,000 search volume they're bidding for top of search and they're already ranking number 13. All right, so there you have it. That's where this product is getting a lot of its sales from that exact keyword, right there. Good question, joanna. I hope that was clear for you guys on how to do that for any product on Amazon. All right, you wanna know where their traffic is coming from, at least their organic search traffic. You just run Cerebra on it or look at it in the brand analytics, if it's been out there for longer than a week, and you're instantly gonna get an idea of the keywords that are driving sales for the product.
Bradley Sutton: Jerov says I'm a new Amazon seller. I look for keywords to rank higher on Amazon, but I am still in 306 rank. So if you're 306, that means that you're not ranking at all, because Amazon only shows 306. I'm assuming that you're looking in Helium 10 keyword tracker and it shows greater than 306. That means that you're not ranked. Actually, how can you help me, because I've yet to make three sales. All right, the first step you need to do, jerov. If you're not ranking for keywords that you know are relevant to you, you need to make sure if you're indexed. Let me show you how you can do that. All right, so let's just take this product right here. This is the steamer that Joanna had found. I need to see if I'm indexed for certain keywords, all right, so let's go here to index checker. All right, what I'm gonna do is you're gonna take your ACI. I'm doing this for this travel steamer. You gotta put your ACI in here and I'm gonna put a keyword I know it's already ranking for, just to show you how this works. And so we already determined that this product is getting sales.
Bradley Sutton: From what was that keyword? Here we go travel steamer for clothes, portable mini All right, so I'm gonna put that here. But what's a keyword that is probably not indexed for? I'm just gonna put a random keyword here sumo wrestling All right, but obviously you're not gonna put these nonsense keywords here. You would put the keywords that you think you should be ranking for, but you're not All right. So this is what you're gonna look for. You're gonna hit check keywords and then you are looking for the right column on index checker if there is a checkmark or not. Forget about all these other columns here. You just wanna see this cumulative and so I can see that travel steamer for clothes, portable mini.
Bradley Sutton: For this product there's a checkmark. That means I am indexed. That means I am even if I'm not ranking. There's a potential for me to rank. But look at this keyword sumo wrestling. Maybe this was a product that I thought was super relevant to me, but you see here how there's a dash instead of a line. That means that I am not indexed. And what does that mean? That means I can't run PPC on this keyword. That means it's literally impossible for me to rank for that keyword. So the first thing you need to do, jerov, is make sure that on your keywords that you're trying to rank for that you even can. And if there's a dash there, the simplest reason could be you don't even have that keyword maybe in your listing. That means you're not indexed for it. If it does have a checkmark but you're not ranked, it's just. You know there's hundreds and hundreds of products that are indexed for certain keywords To be one of the top 306, it takes some doing. You probably gotta start running some sponsored ads to there. So, for any keyword that you are not ranking but that you are indexed for and you wanna get ranked, the path to doing that is running sponsored ads at the top of the search and hopefully people will see your product, click on it, buy it and that's what's going to move up your organic rank.
Bradley Sutton: David says can you show us how Helium 10 works for Walmart sellers Interested in seeing its abilities for keyword ranking and finding arbitrage opportunities? All right. So, david, pretty much almost everything I've shown other than Blackbox. It works the same way for Walmart. So, for example, so let's look at walmartcom, all right, and let's go. I don't know, let's look up this product here Steamer iron for clothes. Let's do a search for that on Walmart. So let's just type in steamer iron for clothes. Okay, so this is not really for arbitrage, but this is more for ranking.
Bradley Sutton: Like, hey, I wanna have, I'm gonna come out with you know some steamer, you know my own travel steamer and I wanna see the products that are selling a lot on Walmart in this niche. Where are they getting their sales from? All right, so let's just take, let's just go to this product right here. This is like the organic rank product. I'm gonna copy the item number, which I believe is this item number here at the very top of Walmart. Let's go into Cerebro and now I change this left hand marketplace chooser to the Walmart marketplace, all right, and let's type in that product ID. I'll know in a couple seconds if this is the right product ID or not.
Bradley Sutton: And you just press get keywords and now this is going to find all of the keywords that this product is ranking for. And there it is. Look at that, let's find. Let's go search under the Walmart search volume anything over 1000 search volume, and now instantly I can see the top keywords where this product is one of the top 10 organic ranked. And now I know where this product is getting sales from. And these are the keywords I'm gonna have to put in my Walmart listing and I would also add this to keyword tracker for Walmart. If I'm already selling this product, I'm not ranking very high. I'm gonna put it in keyword tracker and track my organic and sponsored rank for these keywords Right off the bat too.
Bradley Sutton: For this Hamilton Beach product, I can see that they are not running sponsored ads, so there's an advantage right there where I know, hey, Hamilton Beach is not running Walmart sponsored ads for this product, because Helium 10 doesn't show any sponsored ranks, so there's an instant advantage. I know that I can get as far as arbitrage goes. You just have to kind of like search for the products that have a high amount of sales, and we don't have as many sales estimates for Walmart products as we do for Amazon, because Walmart doesn't have what Amazon does, which is BSR, which allows us to make an algorithm, but we do have some sales estimates for Walmart products, and so that's another way that you could use the tool for Walmart selling. I'm about to actually start doing some arbitrage and some wholesale on Walmart myself. I was just talking to one of my team who I used to use a few years ago. We're gonna relaunch my Walmart business, so I'll have a lot more Walmart information for you guys soon.
Bradley Sutton: Thank you guys for joining us. If you're an Elite member or a Serious Sellers Club, we'll be back next not next Monday, but next Tuesday, I believe, because Monday's a holiday. If you are just watching this on YouTube or another platform, make sure to come back. At the end of January. We'll go ahead and have this available as well. But thank you guys for joining us, appreciate it. Make sure to use that tool and we'll see you later. Have a good one, bye, bye now. I'll see you guys next time. | |||
| #522 - The Best Amazon and Walmart Seller Strategies Of The Year | 30 Dec 2023 | 00:35:06 | |
Join us for a packed episode where we share the Serious Sellers Podcast’s cream of the crop e-commerce strategies this 2023, specifically curated for Amazon and Walmart sellers aiming to amp up their selling game. We kick things off by covering a slew of actionable tips, from the critical role of eye-catching main images to PPC campaign finesse and leveraging meta descriptions for Google indexing. Each insight is distilled to empower you, the serious seller, with tactics you can apply right away for real impact. This episode doesn't stop there; we continue with the inside scoop on Walmart's Review Accelerator program and how it can significantly lift your Gross Merchandise Value by infusing your product listings with valuable customer feedback. We listen to the secret sauce behind crafting Amazon product titles that resonate with mobile users and discuss the art of bundling, showing you how to identify complementary items that could delight your customers and potentially lead to glowing reviews. The conversation shifts to strategic PPC advertising, underscoring the advantage of long-tail keywords to improve organic rankings without breaking the bank. It's a treasure trove of tips that will sharpen your competitive edge on platforms like Amazon. As we wrap up, we reflect on the top strategies shared and their potential to redefine your Amazon business in 2024. Your feedback is crucial; we urge you to select and implement your top three tactics and join the conversation by sharing your favorites in the comments. The excitement is palpable as we look forward to featuring some of you in future episodes to celebrate the strides made in your Amazon and Walmart selling journey. Here's to taking the wins from 2023 and charging towards an even more prosperous year ahead!
In episode 522 of the Serious Sellers Podcast, Bradley talks about:
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Bradley Sutton:
Today is our yearly episode where we give you my handpicked top 20 Amazon, Walmart and e-commerce strategies of the entire year. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Series Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted, and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And we've come up at the end of this year and, as we do the last four years now we do a kind of recap episode where I handpicked some of the strategies. There's a bunch of people on my team, you know, from Mhel, Nikko, John, Ralph, Bill, Maia, Klaudine. They all worked like going through all the transcripts and like gave me what they thought were some of the top strategies and then, from those like I don't know, like 90 different ones that they submitted, I like whittled it down to like 20 that would fit into this episode. So we're going to give you some stuff that you might not have heard, you know, if you weren't listening to every single episode or you might have forgotten about good reminders. We got some actionable stuff that have to do with, you know, Shopify and keyword research, product launch, just a whole bunch of different subjects, most of these like 60 seconds to just two minutes long, and so I hope you guys take advantage of this.
Bradley Sutton: A lot of it was really great when it aired and they're just just right now also as much, if not even more, applicable. So again, whenever we do these strategy episodes, I implore everybody, don't just, you know, listen to these and think, oh, this is so great. Isn't this amazing how smart these people are? No, I want you guys to actually pick two or three of these and put it in practice, and then let me know what you do afterwards. I'm wearing my Dodgers jersey today because, you know, just like we had a great year of strategies. Dodgers had an incredible year at the end of this year, hiring some of my favorite, or getting some of my favorite baseball players in. Shohio, tani and Yamamoto. But anyway, we're not here to talk baseball. I could have a whole episode just about that. We're here to get into the top 20 strategies, so here you go.
Dr. Travis Zigler
Best thing you can do, I’m trying, I was going the brand route, but I’m gonna try to keep it on Amazon route. Main images are key. Your main image has to be different. Go look up silicone coaster on Amazon, just go do that right now and tell me which one’s your brand because every single one looks the same. So it doesn’t matter, like for all those plastic widgets from China, everything looks the same, but what can you do to differentiate it? And the unfortunate thing is if you sell something that everybody else sells with no differentiation, then you can make a change to your photos, that works, then everybody else will repeat it. And so what can you do to make your product better and differentiated? And then how can you show that on the main image? And if you can show that on the main image that’s gonna lead to a higher click-through rate, what can you do with your branding and your copywriting to make it a little different to make it stand out a little bit more?
Aaron Biner
And another tip is your meta description of your brand store. Like, actually it’s super powerful, but there’s still so many sellers are this opportunity, if you’re gonna, like every page of your brand store has this meta description that is indexable by Google. So it doesn’t have any impact on Amazon, but it has really huge impact how your brand store will show up in the search result with sample who will type your brand name. So just, it’s only 160 characters. Do not keyword stuff make it readable and sometimes it’ll, like your brand store will show up like in top one in a Google search result. So it really works and it also helps you not only for your brand, for your brand name, but also for keywords that you can include in this section. So it’s really powerful. Well,
Bradley Sutton:
Where do you edit your meta description for your
Yana Tatochko:
You just have to kind of every it’s you have this meta description for every single page. So if you have five pages, you can fill in five pages of meta description. Okay. You just have to go to the settings of your store and when you will kind of click on the page, like you will see this meta description.
Bradley Sutton:
So why this is important is sometimes we might get into the rut of like, oh, I can only use like Helium 10 Black Box, or I can only search for product opportunity actually on Amazon. But a lot of times you can find some unique things that are trending on other websites. Like here is one of my strategies, like let’s say I just happened to be searching for a batch shelf and I find it on alibaba.com. What I like to do, if I find a factory guys that has a lot of reviews, I’ll actually click on their factory link in their Alibaba page. And then what I want to do is I just wanna search through some of their other products and see is there anything interesting that maybe I could just do some quick research into maybe something that’s trending in China that’s not here in the States yet.
Bradley Sutton:
So if I’m looking on this, this particular one who, this guy was selling batch shelves, but I clicked on his other products and I see he’s got something wood wine rack. So if I click into there, I see a whole bunch of interesting products that I didn’t even know existed. And then I see these a few of them here that are pretty interesting. This looks like a wall mounted wine bottle rack. I see a few of these here. Wall mounted wine rack. So what I can do is I can just, on this page, I can actually click the Chrome extension and I’m gonna hit this tool called Analyze Product Demand on Amazon. And then I would type right there, wall mounted wine rack, I haven’t left alibaba.com. And then I hit see analysis.
Bradley Sutton:
And what shows up is it’s going to show me if that exact keyword has search volume on Amazon and some related keywords to it and some data on it. Now, this right here, as you guys can see, those of you watching this on YouTube, there’s nothing much here. Like this keyword that I entered only has 633 search volume. But take a look at the variations down below of what it says, wine rack wall mounted. So just sh shifting the keywords around that has 9,000 search volume on Amazon. Here’s something that five minutes ago I didn’t even know existed, or at least this exact keyword I didn’t know was a thing, and now I realize it is something that has almost 10,000 searches a month. So guys, this, this is a great technique to use when you’re just like, ah, you just can’t seem to find new product opportunity to expand your brand, especially if you’re on your own suppliers website probably a lot of the products, like if you’re making coffin shelves or a back shelf at a, at a factory there, other wooden products probably could potentially go in line with some of your existing brands.
Destaney Wishon:
Yeah, so one of the first things I’ve been doing when I’ve been auditing brands is relying on the targeting tab. So if you go into advertising console in the top left-hand corner, you’re gonna see targeting under your campaign manager, something around those and the targeting tab actually allows you to add a column for conversion rate. So if you have been in advertising console for a while, you know we’ve never been given access to conversion rate on the keyword level, well within the targeting tab we now have that. So that’s been super, super helpful for any brand owner. Even if you don’t manage ppc, even if you outsource it, go into add console, open up your targeting tab, filter top down by spend and look at where your spend is going. Your highest spending targets should be your highest converting targets and the most aligned keywords for your products. That is like the number one quickest way to audit your brand performance. If you see that the top of your targeting tab has auto campaigns category targeting or product targeting, you’re probably not optimizing your PPC the best way possible because it’s not actually gonna improve your organic rank that much.
Ryan King:
So there’s that way of identifying competitors to match against. AB test, what I’ll say here is, is someone might be thinking do, are you switching it like every four or five days? You’re probably not switching that often. This is probably like you’re testing it two or three product types max cuz there’s not that many out there, right? And again, another caveat would be you’re not looking at, okay, I’m in herbal supplements and my product type is an herbal supplement. Am I gonna do well in protein shakes as a product type? Right? And we just one that’s just gonna be manipulation. It’s not, it’s not serving the end shopper. But also you’re not for that purpose. You’re not gonna index for any of the keywords you really want. The example I’ve given before is using herbal supplements was we had a product that was in herbal supplements as a product type and they were in an herbal supplement.
Ryan King:
But we were banging our heads up against a wall because we were not indexing for what we thought were no-brainer search terms for that product. And the algorithm just wasn’t letting us index for those. So what we simply did is in growth opportunities, I know you’ve shown this before as well. You go into growth opportunities on Seller Center, you go to those details next year, your listing clicks on one of your listings, and there’s a widget right in the middle there. Walmart makes it really easy. There’s a widget in the middle, it says product type. You look at that and you can say report issues. I think it’s a reported issue or something like that right below it. It’ll give you a dropdown of a few suggested product types there. And the herbal supplements case, what we saw was, although herbal supplements seemed to be an exact match, the end result wasn’t what we thought was gonna provide the shoppers with the best experience.
Ryan King:
And so what we saw was if we went one level up vitamins and supplements, there’s, so it’s, it’s, it makes sense in that vertical broader, and we found that instantly. We were almost instantly within a few hours we were indexing for the keywords we needed. So that’s, that’s what I mean. So you’re probably gonna be able to figure out product type pretty easily of what general ones make sense right now. That’s the best solution I know of. So I think it’s one of those, it’s just a helpful point of data as long as it’s available. And so hopefully that’s a help to you. Hopefully, that answers the question.
Lyann Nguyen:
First, we talked about keeping track of your three scores. Get cr experian.com or Identity iq. And if you have zero money and you’re broke as no joke, go to Credit Karma, get that account, put it on your phone, monitor that and find out what needs to be done. Number two, fix all your personal information, your name, your address, your employment, your phone number. Clean it up till you have one of each. Don’t have a whole bunch of stuff that would actually help clear a lot of bad data.
Bradley Sutton:
Wait. Hold on. Yeah, on on number two. Where do I go to do that again? I know you mentioned it earlier, but I forgot to write it down myself.
Lyann Nguyen:
No problem. You can go to experian.com or Identity IQ and the part where it says personal information, you can dispute a lot of that stuff. Or on Credit Karma, you’ll see all that information and then you’ll see like their name, address. The report doesn’t look right, you can contact the bureaus. You can just Google phone number.
Bradley Sutton:
So directly from like these experian.com and these.
Lyann Nguyen:
So you call them and then they’re gonna say, can you can you send me a get, make sure you get your utility bill because or your bank statement that has your name and your address, you would have to send that to them and a driver license to make sure that that’s your one address. You are not living in 10 different places. That’s gonna actually bump your score anywhere from 20 points to 50 points. Just that one move because it’s data.
David Milstein:
Reviews is a huge strategy. You definitely, it’s gonna help you with your conversion rate. I just do wanna point out, unlike Amazon where sales volume is the number one driver of ranking on Walmart, it’s the conversion rate and there’s two conversion rates that reflects, it’s the impression to click and to click the sale. And aside from price and basic content, the best way to get that conversion is through reviews. Now, how do you get reviews on your product? I’m going to suggest two strategies. You have reviews syndication, which is a free program from Walmart that I don’t know why people are not as into finding it. Maybe they should probably run a promo, Hey, sign up for reviews, indication, maybe send emails. If you have reviews on your website, Walmart allows you to bring them to the program. Two platform for free. This is a free program.
David Milstein:
Now you have to make sure that it’s legit and you’re not bringing in only some of your five star reviews. You have to bring in all your reviews to the program. Additionally, you cannot have your Amazon reviews on Walmart illegal. Amazon is against terms of service. They technically own their reviews. Technically you shouldn’t even have them on your website in the first place, but that’s none of my business. But Walmart is not gonna let you take those reviews to Walmart. You could try and they’re gonna say, Hey, those are Amazon reviews, you can’t use those. But it’s a great way if you have reviews on your website, sign up for reviews syndication hopefully you’ll get accepted as long as you answer the case correctly. Don’t, don’t try a lie and try to cheat the system. They’re just gonna shut you down and potentially suspend your as a seller.
David Milstein:
No one wants that. And go ahead and bring in your reviews. Legitimately A second program, I would su strongly recommend, this is a new launch from Walmart, which is the review accelerator program. It allows, it’s similar to I guess the Amazon Vine, but I think it’s actually cheaper. It’s where you enroll certain listings. There is a bit of a restriction on what is allowed and there’s up to, you’re allowed to get up to five reviews per product and it doesn’t recommend, it’s not necessarily gonna get you a five star review. This is important to note, it’s just gonna get you a review. Walmart does claim that five reviews on a product increases the GMV by 75%, which I think is that’s pretty crazy. So there’s just two restrictions. You have to have a sale in the past x amount of time, I think potentially 30 days.
David Milstein:
And you have to have under five reviews and therefore that will make your item eligible for the program. And it costs you $10 per view that you get regardless of the rating. And the incentive to the seller, or to the customer rather the shopper is that they will get $3 credit towards their next purchase. So Walmart sends out an email to them, Hey ’em, hey some li review and you got $3 credit and you will get up to five reviews per product. It’s a great way, the only thing is it’s kind of a bit of a cash 22 cause you’re like, I need to get sales in order to get into the program, but I can’t get sales cause they don’t have reviews. Advertising is key folks. With advertising you’re guaranteed to get at least one sale as long as you’re not extremely priced. That’s as simple as it is.
Jana Krekic:
It’s basically bilingual show, so I support that. But when it comes to translations, but we know this is basically maximizing on the keywords in the first 60 characters of your title. A lot of people forget about the mobile version of the website on Amazon which only shows first 60 characters. And a lot of people go crazy and wild with the keywords, like at the end of the title, just don’t put enough of the most important ones in the first part of the title. And I say like, you should definitely do that, if not because of like the mobile version. Cause a lot of people also will purchase products on their phones and people forget about it. They tend to forget a lot. Especially if you have like a really, really long brand name, then you couldn’t really wanna think about if you’re gonna like play with it or not.
Jana Krekic:
There was the one brand that we did, it was eye patches and then it had like the wordplay eye, like your eyeball, like Eye love it cause it’s an eye patch. And that literally took the whole first 60 characters of their title. And in the mobile version, it didn’t show any of the keywords. So that had to be completely redundant. We completely dropped the, I love it because also like in German and for Germans, it did not sit well, like too much English never work, works amazingly well for the German audience. So that is my tip when it comes to the title. And just like the mobile versions for Amazon. Cause brands really do not think about it a lot.
Bradley Sutton:
Another thing I wanna talk about is explore bundling options, not just as something to add to your listing or to your product. I mean that, yes, that’s definitely something that you can do. You know, maybe you see that people are buying a coffin shelf and a skull together, right? So maybe you’ll be the first one to have a coffin shelf with skull together. Of course, that’s an option, right? But take it a step even easier. Use Black Box product targeting. Enter in your competitor’s ASINs and then filter for frequently bought together.
Bradley Sutton:
This is gonna show you what has been frequently bought together over the past, like 30 days or more that Helium 10 has detected. And sometimes you might find a product that’s like seven or $8 or even $6. And basically what this means is this, this could potentially be a product that you could source for like 30, 40 cents. Like one of the ones that was showing up here is, is spooky stickers. You know probably you could source some spooky stickers for like, what, you know, 25 cents or something like that. But if you have a history that your competitors are selling their product, and then the buyer at the same time is buying spooky stickers on their own, because you can see it in frequently bought together. Now what you should do if it’s really cheap, just go ahead and buy that product, maybe even in a smaller quantity if it’s a little bit more expensive, and then stick it into your product costing you 25 cents each.
Bradley Sutton:
If it’s really small, like stickers. And don’t advertise it. Don’t even advertise in the listing, right? I mean, you could advertise in your listing, but I prefer that for like, you know, more impressive bundling opportunities. But here’s what happens if you don’t advertise, and this is a strategy that, you know, Toma Rabinovich has, has been teaching for, for a while now. It’s part of his like six star method, and I’ve seen this myself out, out in the wild. But what happens is now your customer gets the product, they open it up expecting whatever they bought, say it’s a coffin shelf, but then all of a sudden they have these spooky stickers that customers like them, like, now what does that mean? That means it’s like a pleasant surprise, and it gives, it makes them like double 2x, 3x, maybe even 4x more likely to leave a positive review than if they were just happy with the product by itself.
Jocelyn Jeffries:
But if you want, if you’re in the natural toothpaste space, you need to be competing on those terms. You know you know, Toms of Maine, 12 pack natural toothpaste, blah, blah, blah, blah, is only gonna get you so far. That’s not really gonna improve your rank. You’re probably already solid there, but if you’re looking to improve your overall rank for a product, you need to be going after the keywords that are gonna keyword lead to that improvement. So it’s very much about understanding where you need to be spending and what terms you need to be spending and what’s actually gonna lead toward you know, improvement and rank. I think that’s the, the first step, and then it’s going and executing on that. So PPC is really the tool that you can use to influence specific pieces of search terms and customer behavior and whatnot. So that’s really how you start going after improving your organic rank.
Jocelyn Jeffries:
Yeah, so there’s a couple approaches you can take. I think the long tail keyword is a good way to look at it. You know, if you’re spending money on again, natural toothpaste that’s gonna be probably a waste of money to be honest with you. It’s gonna be so expensive for you to even try and compete in that, that it’s gonna be a waste of dollars. So starting to look at what are some of the longer tail keywords that I can win, you know, if it’s, you know, the most br you know, specific keyword ever, but if it applies to your product, going after that and starting to just chip away at some of that organic rank is gonna be a good way to start. And then, you know, if you have a similar product within your brand or you have competitors, you can start targeting their product detail pages.
Jocelyn Jeffries:
So if someone’s not specifically searching for you, but they see you on you know, another product detail page, that’s a good way to kind of start again, chipping your way in and kind of moving from the outside in to the, the kind of larger volume because again, it’s gonna be a waste of money if you’re trying to go after those high volumes and you don’t have the foundation of strong rank. So starting to chip away I think is the best method and mantra of having it, and this goes to new products as well of if you’re starting from zero, it’s gonna take some time. So long tail and product detail pages is what I would recommend.
Lailama Hasan:
Yeah. So a lot of sellers can get nervous about like, main image strategies, and we give a bunch of those strategies out right at the end. You wanna increase, increase your click through rates. So one way, one hack that I have for testing that out if you’re nervous about it, is upload the strategy that, you know, your agency or whoever’s come up with versus like a fully compliant image. And you know, what you wanna do is upload it on, manage your experiments, and if it gets through the Amazon bots, then you’re good to go and you can upload that image, actually, it will verify it for you, so it’ll automatically upload it for you. Because one thing I wanted to point out is a lot of people will be like, oh, this is not compliant, but you theoretically, 80 to 90% of the main images on Amazon are non-compliant with including props, you know, let’s say a fruit and fruit bowls or including a model in there, or, you know, adding an extra sticker onto your label. All of these are non-compliant. So this is just a hack that I have if you’re worried about it, and plus you get extra insights on which version works better.
Vincenzo Toscano:
Yeah, so when I, when it comes to strategy something that we’ve seen a a lot, I know maybe you have heard this tip before, but it’s focused on the second language of the country you’re selling on. So, for example something we having a lot of success lately with our US brands is using Spanish cures in Canada, we’re using French related cures. For example, in Germany there’s a big population of, of Turkish people Polish and all of that. So there’s a huge potential of using second secondary languages on all these markets. And on top of that, what I would advise as well as an extra plus tip on, on top of this tip in the US for example, you can request your translation to be updated the Spanish one because some of the translation that have been done if the listen is old is it was done with the old translation engine that Amazon had, the backend. So you can actually request Amazon to redo your translation. And this sometimes can help you a lot to reindex for some Spanish queue that you’re not indexing the first time and actually be more relevant for Spanish related keywords. So that would be my tip. Yeah. Cool.
Crystal Ren:
So one tip I learned to increase your productivity by the way is to color different activities you do. So put everything together on your calendar. Like, if you go take a shower, you put it on your calendar. If you go to do some paperwork, you go put it on your calendar, but you want to categorize them differently. So, for example, I categorize them based on, you know, deep work, shallow work. So deep work could be something like a drafting agreement, right? With a supplier. And that would probably take like two to three hours of uninterrupted time. And shallow work would be something like I don’t know, like you know, putting together expense report, you know, so that’s some kind of administrative work that you need to do. And you know, there’s other things, for example, like personal time you know, a shower.
Crystal Ren:
So you mark them differently to make sure that you have enough of deep work time a week so that you know how much, how many hours you spend on deep work, how many hours do you spend on shallow work, which is something that you wanna shrink as much as possible and how, how many hours do you spend on personal time, which maybe perhaps that’s something that you wanna protect right? And you also want to make sure that you have a balanced life so you’re not overworking. So by coloring them into different categories, you can see that visually whether you’re being productive and whether you are having like a balanced week. And that’s what I’ve been doing for now, like six, seven months now.
Bradley Sutton:
Hey, you’re doing great on sales, about to run out of stock. Do you slow sales by raising price and turning off ads and then that hurts your potentially keyword ranks before? Or do you just go hard and heavy, run out of stock and then just get back in and hopefully you still have your keyword ranks when you come back in the stock in a couple of weeks?
Liran Hirschkorn:
I think, from a ranking perspective, it’s better to run out of stock at a better BSR. I think that’s the better way to go. Sometimes you’re going to make a decision that, hey, I just want the profits Right, because that’s what’s more important to me at this point in my business. I’m going to focus more on the profits now, I’m going to reduce, I’m going to raise the price. Or sometimes you may be able to raise the price and there’s so much demand that you’re still driving pretty good sales and you can still raise the price someone and there’s a happy medium. But I would say, from a ranking perspective and coming back in stock at a better rank, it’s better to go out of stock with great sales than to slow down your sales.
Bradley Sutton:
And this is why I said that kind of like off the wall thing earlier where I’m now suggesting that you might want to always do a test listing. Now, all right, I didn’t say that before you know. I said do kind of test listing so you can, so that you can know what kind of exposure you’re going to get on PPC to validate some, some theories you have. When there’s not enough information from existing competitors, you know you might want to make sure that you validate your idea with a test listing. But now, guys, I’m saying, if you’re selling in a newer niche, especially and maybe sometimes, even if you’re an established niche, it might be worth it to spend you know 50 bucks and get another UPC code and just do a fulfill by merchant listing, send a couple of or have a couple of units available and have your listing that you want to go with and then see immediately what does Amazon think that you’re relevant for right. And then if you’re completely fine with this listing and you have the right keywords for Amazon recommended rank from day one, all right, well, you’re good to go. That means go ahead and launch your regular product once you’re ready and you can have that exact listing, knowing that from day one you might have that.
Mina Elias:
So for me, I think what I’ve seen is the sale, the selling points, like the USB, the selling point being visible and you showing that you’re better than everyone else just from the main image. And so when I, when I put a bunch of you know like products next to each other, my competitors versus me, like I know that I’m looking for a product, not a lot of people take advantage of the text on their, on their boxes or on their products. So, for example, let’s say you know you’re selling like flip flops, the cloud flip flops, so you can have the flip flops and, and you know, in an angle whatever. Or you can have the flip flops put on top of a box, a fake box, and on that box, you have two sides where you can write text and it says, like you know, the softest material on the market or whatever a hundred percent recyclable stuff like that, right, because you can have that text on the box that you couldn’t have actually have on your package, and that box probably doesn’t exist. You know you’re probably shipping it in a of the day, they’re going to get your slippers. They’re going to look this, you know they’re going to look like slippers.
Mina Elias:
So for me, my product, my electrolytes if you go look at it on Amazon, it’s like shinier. There’s text on the cap, there’s like some different logos that show that actually don’t exist on the bottle and when they do get the bottle it looks very, very similar. There’s just a few things, and those few things those are the differences that when someone types in a keyword and they’re looking, you know they’re browsing, I catch their eye because I have, like some elements outside of the product that are eye catching and I have some text on the product that, like they’re looking at all like this is an electrolyte powder, so this is an electrolyte powder with no sugar, with no carbs, and it has this and it’s made in America and it’s all of these things on the label and so they’re like they’re convinced to click on me without having to read like title or anything like that.
Ritu Java:
For example, just this morning I was preparing for a new product launch for one of our clients and I’d got all my data from Helium 10. I was at the stage where I have to come up with some keywords for broad match campaigns. I wanted to make sure that all the right keywords are in there, not just the long tail ones with high search volume, but I wanted to make sure that I’m capturing all the seed combinations of important words that make sense. So what I did was I exported the Helium 10 cerebral analysis and I fed it to ChatGPT and asked it to come up with two words and three word combinations of seed keywords that would perfectly describe this product. Now what I’m going to do next with that is basically convert that into broad match modifiers, which basically means you add a plus sign in front of all the seeds and then I’m going to create campaigns with it. So that’s something that I do at every launch. I generally don’t skip that step. It’s an important one for me. So, in addition to all the long tail keywords, I will come up with enough seed words that will run at a slightly lower bid but will be like a discovery campaign for me through the broad match modifier channel. So that’s kind of one thing that I do.
Ritu Java:
Then, like yesterday, I was doing another one for another client, where we have a list of keywords that we discovered from the search query performance report, which is kind of this new, very valuable piece of data that Amazon is giving us these days. So from there I was able to come up with a structure for sponsored brand headline ads and I didn’t have to do the work. I just fed that entire list to ChatGPT and said, hey, organize this into groups of very related words and then give me a headline ad which is less than 50 characters, because that’s the amount Amazon will give us. And then it did that for me. I also gave it one other important instruction, which is to make sure that one of the keywords or a very close variant of that keyword in the group must be included in the title, and that’s basically my way of saying, hey, I want this to be a lower funnel ad, not a generic kind of upper funnel ad, because my sponsored brand ads tend to be more focused on RoAS rather than brand discovery and brand awareness. So those are some of the ways that I’m using it almost on a daily basis. I had switched to ChatGPT plus a long time ago. I’ve been paying for it and it’s totally worth it.
Matt Altman: Yeah, so the great thing about Product Opportunity Explorer is it really shows you what keywords are driving the sales for those. So more than how many products are there we’re looking at, are there branded terms that are in the Product Opportunity Explorer. So like an example that we were looking at this past week was for a floor cleaning product and we saw that of the 20 top like 50 keywords, bona was one of the main sales driving keywords. Like, even if there weren’t that many products in that category, we aren’t going to be able to overcome that branded search deficit. So it’s just not something that we would go into Um, but we definitely prefer to go into categories where those sales are spread across more Um. The main reason for that is we really like to do kind of um I would call it kind of like tailgating. We like to kind of stay behind everyone and we’ll pull like 10% of the sales from this person, from this person, and you can kind of pick off keywords from certain top products and they may not notice that you’re coming up and then you can really use that to catapult yourself to the top of the category before the rest of the products in the category realized what’s happening.
Marcus Mokros:
Amazon recently announced that they will look for title images that are not meeting the terms of service and they will use AI to change that. They will download your image, remove everything that doesn’t belong there in their opinion and upload it again, and that is something you don’t want. You don’t want an AI to touch your title image. Yeah, and Michael from AMZ Boost, a product photographer, he told me, just use your picture, space number nine. Nobody looks there. Put a title image there that will meet the terms of service and because what Amazon is doing first, they will scan your product photos and check if there is something that is compliant to the terms of service and they will put it to spot number one as your title image. And if they don’t find something, they will change it in their terms. So that’s an awesome hack. | |||
| Helium 10 Buzz 12/28/23: Amazon Prime Video Ads | 2024 Amazon Events | SnS Tracking | 28 Dec 2023 | 00:23:46 | |
Listen in as we explore the latest buzz around Amazon, starting with their new advertising push on Prime Video to their billionth same-day delivery package milestone. Plus, let’s look at the latest features inside Helium 10. We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Amazon Prime Video viewers will have to pay an extra $2.99 monthly in January to avoid ads https://www.nbcnews.com/business/consumer/amazon-prime-video-ads-commercials-when-does-it-start-how-to-avoid-rcna131369 Amazon customers have scored 1 billion packages from U.S. Same-Day sites https://www.aboutamazon.com/news/transportation/amazon-same-day-delivery-milestone Amazon.se: Three years in Sweden https://www.aboutamazon.eu/news/job-creation-and-investment/amazon-se-three-years-in-sweden Bringing electric cargo bike deliveries to Croydon, England https://www.aboutamazon.eu/news/sustainability/bringing-electric-cargo-bike-deliveries-to-croydon-england Meanwhile, Bradley is buzzing with excitement as he gears up to jet-set across Pakistan, Germany, and back to the US next year for multiple Amazon events. He’s excited to meet you in person! But before you think this episode is all about the hustle, he introduces you to slick additions and features to Helium 10: the product tag group, Chrome extension updates, and the new subscribe and save feature. It's all about giving you that competitive edge. And for a final flourish of wisdom, Shivali steps in with her training tip on using Inventory Heat Maps, ensuring you're never caught off guard by shipping delays again. This year might be winding down, but we're just getting started on setting you up for success! In this episode of the Weekly Buzz by Helium 10, Bradley talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Amazon sponsored TV ads are about to go into effect. Even more, amazon just delivered its billionth same-day delivery product the Amazon conferences you need to attend in Q1 of 2024. How to check which warehouse is your inventory is at in FBA All of these and more on today's weekly buzz. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That is our Helium 10 weekly Buzz, where we give you a rundown of all the news stories that affect Amazon, Walmart and e-commerce sellers. We let you know what new tools and features Helium 10 has, and we also give you training tips of the week that will give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing. We've got a few articles that we're going to talk about some various topics that are actually not that much going on in the e-commerce world. For a change, it's the holiday week and not a lot of news reporters out there or Amazon press releases going on, so a little bit light, but make sure to stay to the end, because we have some cool training tips. I think that will help you. Let's go ahead and hop into the first article
Bradley Sutton:
Now. The first article is actually from Amazon, and this article I actually pulled from CNBC. But Amazon announced that Prime Video viewers are now going to have to pay an extra 299 monthly fee in January to avoid ads. So ads are now going to go ahead and start coming in. This was announced a while back. We talked about sponsored TV. That was announced at Amazon Accelerate or Amazon Unboxed. It was talked about, and so how people are going to consume these ads is basically everybody who's been watching Prime TV shows or Prime movies. They're going to start seeing these ads more unless they pay this $2.99 fee starting in late January. That's going to be in addition to the $139 cost of Amazon Prime I didn't remember that Amazon Prime cost that much or the $8.99 a month Amazon Prime subscription. Now this should come as no kind of surprise as far as Amazon always trying to find new advertising lanes. This article talks about how Amazon's advertising is now 8% of the company's total net sales and advertising incomes surpass income from subscription services last year. All right, so are you going to be trying these sponsored TV? It's different than pay per click where it's like, hey, somebody sees an ad of your product and they could purchase it right away. Now there are some versions of this where that can happen. We saw that in was it the Black Friday football game a few weeks ago but this is more of a brand play, like an awareness. I think that's going to be the benefit of this, and that's a little bit harder to measure if you're a smaller brand. This totally makes sense for a huge nine figure and above brands. What about you? How many of you are interested in trying out sponsored TV ads? Has it? Have any of you tried so far? Let me know in the comments below.
Bradley Sutton:
The next article is also having to do with Amazon, and it was entitled that Amazon customers have scored 1 billion packages from US same day sites. Now, they had this quarterback from some college I think he's from Washington or something, Michael Penix and he actually physically himself delivered the 1 billionth package. This article brought out that there's actually 90 different metro areas where same day delivery is possible and 55 different locations that's delivering, and this is all just big cities like the ones mentioned here, which are San Francisco, LA, Philadelphia, Phoenix, Orlando, Detroit and Miami. There's a lot of other places like I live in like a suburb of San Diego and you know this is a tiny, not tiny town, it's like 50. 50, 80, 90,000 people, but a lot of the stuff I get is same day delivery. So this is, you know, something that just I think, makes Amazon Prime more sticky for customers. And so the more inventory you put into Amazon, the likely, the more likely, that a portion of the population are going to have it available for same day delivery. Now, where you're, you know if you actually get a list of warehouses where Amazon does offer same day delivery service. Now, that would be something interesting for you guys to check and cross reference with where Amazon is storing your products to see if you know how big, how much of the country or how many of these 90 locations are getting same day delivery. And actually, the training tip of the week this week, you know, Shivali is going to talk about how you can actually see where in Amazon your inventory is stored.
Bradley Sutton:
Next article, also from Amazon, it was entitled Amazonse three years in Sweden. Believe it or not, guys, I mean it just seems like yesterday this was one of the new kids on the block in Amazon. Europe was Sweden, but, believe it or not, it began in late 2020. So now it's three years and there's 550 million products available on Amazon Sweden in 30 categories. I'll tell you right now I have not heard of one amazing success story from Amazon Sweden. Obviously, you know you can look at this article that's linked in the comments. But you know there's Amazon Sweden is moving some numbers, but I want to hear from those who are crushing on Amazon Sweden, because I haven't yet. You know, like, like, we always talk about the big five in Europe, you know being UK, France, Spain, Italy and Germany, but I don't hear too much about Amazon Netherlands and Sweden and Poland, about you know, some people crushing it. So if you are selling in that marketplace, let me know in the comments and let me know how it's going for you Speaking of Amazon there in your seller central dashboard.
Bradley Sutton:
There's just a reminder for those of you Maybe this is your first holiday season. Maybe you're going to go on vacation and you've got fulfilled by merchant listings. That would be me. I'm not going on vacation, but I have tons of everything I sell in Project X and in my own accounts is fulfilled by merchant and I also have another skew for FBA. Now what you need to do if you're not going to be able to fulfill. You know you have to be able to add tracking numbers right To orders. It's better to not close the listing one by one, especially if you have a lot, but set up vacation settings is what Amazon is reminding you to do. So you can actually do this by setting up vacation mode on the account. There's a link right on your dashboard to do that, and so just with a couple of clicks Now all of your fulfilled by merchant listings are going to be paused, so you're not going to be responsible for shipping anything.
Bradley Sutton:
Now, one of the things that this doesn't do is affect the time that you have to reply to customer service emails. Remember, you have 24 hours a day. Due to that, 365 days a year, seven days a week, you have to reply within 24 hours to customer service email. So I didn't know about this and I wouldn't pay for this. I'm just gonna always, you know, reply. But they say in this article hey, you should consider setting up customer service by Amazon. It's a paid program that's why I wouldn't do it but where Amazon will take care of customer service on, even on your self-fulfilled Orders, and they'll they'll take care of that by a phone, a chat and email. So, again, if you're going on vacation at any time of the year not not just here in the holidays and you've got fulfilled by merchant listings, amazon doesn't care that you're on vacation. You still have to deliver it within a certain time, so it's best to turn it off. Or if you've got a lot, go ahead and put that vacation settings on a last article of the day. It's just kind of like a funny article, you know, if you think of, you know FedEx trucks. You think of the white with the blue and red letters, right, if you think of, ups trucks is brown. You know those brown trucks. They all look the same and even now Amazon has mostly those like gray, amazon Prime kind of like electric looking trucks and other vans.
Bradley Sutton:
Amazon put out an article from Amazon Europe. They have got the coolest delivery out of everybody. I think, right, like I would rock this, like I would deliver pizza in this. But, guys, if you guys are watching this on YouTube or if you're watching this on the podcast, go watch us on YouTube. Take a look at this article. They've got these cool electric Cargo bikes, they call it. They're kind of like four wheelers, almost With no doors. It's kind of hard to describe if you're not, if you're not looking at this, but I would totally have rocked this when I was like in high school to go to school or something or you know, deliver pizzas on the side, but is this like what you guys in Europe, is this how you guys are getting your Amazon deliveries on these cool, these cool electric bikes? They even have like a windshield and a windshield wiper and it's just. It's kind of hard to describe here, but definitely take a look at it. If you're just listening to this on the podcast, I'm just curious is that what you guys are used to? As far as what's delivering your products? Let me know, all right.
Bradley Sutton:
Next up, I want to talk about the different Events I'm going to be at and all over the world. You know, you guys know I like to travel, but I like meeting helium to members in different parts of the world. Now, the very first event of the year that I'll be at will actually be back in for my third time in Lahore, Pakistan. All right, so that it's the reality check growth conference. Saddam from AMZ One Step is one of the ones who is putting it on. I'll be one of this speakers there, there'll be other speakers, you know, people I've met before and a lot of service providers and agencies Coming out. So if you are in the Lahore area or anywhere in Pakistan you're able to go. Go to h10.me/reality. It's January 14th in Lahore, Pakistan, you know, one of my favorite countries to visit because of the food, the hospitality. There goes my diet for my news years. If I had New Year's resolution in January, it's gone, because I cannot be on a diet in Pakistan with the Chicken Biryani and everything else I want. I want to eat. But anyways, January 14th, if you guys are in that area, make sure to come by.
Bradley Sutton:
The next event is going to be January 25th, all right, and I don't have a, a website for this yet. We'll announce it next week. It'll be in Frankfurt, Hermany, right in the airport. Like literally, you walk off the airplane and there's the airport and then it's a building that's attached to the airport. It's gonna be a co-hosted event with Avosk and this is gonna be the first half is gonna be an Elite workshop. So if you're a helium-10 elite member or serious sellers club member, go to the Facebook group and I'll give you guys a link to sign up for that. It'll be free for you and you can stay the whole day. For the afternoon it's gonna be open to the public. I believe it's gonna be 75 euros and there'll be tons of different speakers at the event, including myself. I'll be speaking at the event and there'll be other speakers from different countries around, including potentially speakers from who have worked at Companies like Lego, etc. So We'll be confirming the speakers and confirming the the how to sign up shortly.
Bradley Sutton:
But mark your calendars Frankfurt, germany, on January, the 25th, speaking of Germany, also going to be at AMZ Hacking live. That's gonna be in Berlin, germany, and that's gonna be on the 27th of January. So make sure to go to AMZ hacking line. You can go to the website by going to h10.me/germany to get tickets. I'm just one of many, many speakers who are gonna be at at this event. It's gonna be great. There's gonna be like VIP dinner the night before and then a social afterwards. So that's definitely one of the top events in for the entire year in Germany is the AMZ Hacking live, all right.
Bradley Sutton:
Another event this is actually a virtual one in February, all right. So after the Germany ones, the next one that I'll be doing is online wins the billion dollar seller summit. All right, this is gonna be an online event. You can go to h10.me/bdss, BDSS it's there's and then look for the online event, or it's called the virtual event, and that'll be February 21st and 22nd, put on by Kevin King. Tons of speakers there. I'm gonna be doing a presentation unlike anything I've ever done before, completely different than what you're used to when you're, when you're seeing my, my presentation, and we talk about stuff I've never talked about before. So make sure to go to that one, too.
Bradley Sutton:
Next up, there's going to be back here in the United States a Want pretty much usually the biggest conference In the United States outside of the ones that Amazon does every year, and that's the prosper show, and it's going to be in Vegas at Mandalay Bay, all right, from March 4th to March 6th, all right. So you know, I've been to probably every prosper Since like 2018, so I don't know how many. That is 6, 7 or something like that. Always a great show. I'll be speaking at that event too. If you guys want to get tickets, go to h10.me/prosper. And I'm not sure where this coupon code comes from, but there is a coupon code for this event that you can use to get a hundred dollars off, alright, and it is SANAR1100OFFSPEAK. So again, if you're, you know, just listening to this and you don't see the little ticker right here, write this down SANAR1100OFFSPEAK. And that should save you $100 off of the ticket. That again, that's in, that's in Las Vegas, and we'll probably do, like you know, maybe some, some mini socials or something that we can, you know, get together at that event. Now, shortly thereafter it hasn't been confirmed yet I might be going to do an Amazon event, like an event that's actually put on by Amazon in the Philippines, their first time Going to the Philippines. That'll probably be announced in the next couple weeks. All right, so that's it for all of the events in Q1 of 2024. A lot going on. I know there's other events too, but those are the ones that I'll be personally at, and others from my team might Be there as well, so you can meet us and hang out. We always love to do that.
Bradley Sutton:
All right, next up, let us go into the new feature alerts from Helium 10. This is something that we do every week, because literally every week, Helium 10 is launching either a new tool, a new feature, a new function, some kind of you know request that the customers have been asking for. The team is working year round. Here we are right after Christmas and there's stuff to announce, all right. So the first one I want to talk about is this again comes from the customers, because a lot of you guys were asking like, hey, yes, that's cool that in Helium 10, you know, in the profits and the insights dashboard, I can see products group by parent and things like that, and I could, you know, maybe even buy brand. But I want to have like full flexibility about Grouping products together so I can maybe see all of the sales of a certain you know like niche of products, or maybe it's not everything in a certain brand. Whatever the case is, you can now make custom groups and we call this tags. All right, so in your dashboard, your insights dashboard, I should say there will be a button that says tag, with a plus sign. So what you can do is hit that button and then you are going to go to this create tag. Like, let's say, I want to make a group of my products or a tag for all of my coffin shelves, all right, so I type in the name and then I add all the products that are coffin shelves, all right, and so I can just go ahead and do a search for coffin shelf. So what I can do is I can just go ahead and select, one by one, all of my coffin shelf products and then now I have this tag of coffin shelf and so I can just go ahead and hit this button uh, coffin shelves and then now in my insights dashboard, where it shows all of my product performance, I can just instantly see, like, all right, how's my keywords doing on on this? Um, how is my inventory doing? How many units have I sold in this timeframe? So a kind of cool feature there that you guys have been asking for is the ability to make groups of your products.
Bradley Sutton:
Next thing I want to talk about a couple uh updates to the Helium 10 Chrome Extension the most used Chrome Extension in the world for Amazon sellers, over one million active users and a couple of things you're going to uh, notice. First of all, this is just the beginning. You're going to start seeing widgets that are in other sponsored ad placement. So you guys know that in the uh, you know search results of Amazon when you run the chrome I mean, actually you don't even have to run the Chrome Extension It'll start showing up these little widgets that say where the seller is coming from, what the BSR is, how many sellers there are, et cetera, et cetera. But now, like, for example, in the sponsored brand headline ad you know that that you guys, hopefully, are running sponsored brand ads you're going to be able to go ahead and grab that ascent information right there, cause you know you can't really see what ascent it is unless you go ahead and click on the ad. So that's one update that has happened. Uh, another update is in this niche or keyword summary section that's at the top of any search result page, once you hit show full summary. Uh, something that a lot of customers were asking for was the ability to sort within the charts that come up here. So now, uh, if you hit the show full summary at this top little widget, any of these charts, you can go ahead and sort by organic rank, by the revenue by the market share, uh, things like that.
Bradley Sutton:
The last thing I want to talk about in the Chrome Extension is an Xray. All right, so when you run x-ray, first of all it's like loads, a lot faster than it did before and you can see tons and tons of rows. A lot of you guys were saying, hey, we want to see a design where there's a lot of rows showing up here. Now, something you're going to see at the very top right is this little section. Now you know there's no uh, more multi-factor success score. This is called the two-factor score that you can customize so it says top 10 products with revenue over $8,000 in mind and under 125 reviews. So what it's doing is instantly we just a click of the button on x-ray. You can take a look at the search results pages and now know from the top 10 organic positions how many have revenue over x and how many have reviews under y. Now everybody has different thresholds. Like, I put here $8,000 of revenue and so I can see six out of the 10. Top 10 organic ones have $8,000 revenue, but three out of the top 10 have under 125 reviews. Now if you want to customize, like, what thresholds you want to see with that quick access. Just hit your Chrome Extension button and go to the settings gear button and from there now you can go ahead and specify how you want your two-factor success score to work. So again you can. I put $8,000 revenue and 125 reviews because that's what I'm looking for in my top 10 products Last up.
Bradley Sutton:
Are you somebody who uses subscribe and save? Hopefully you are, if you have some kind of replenishable product, like in grocery or another category. One of the accounts I work on, as you guys know, is a hemp cream, and so this account definitely uses subscribe and save. So now you've got a way to quickly track, get some you know cool information on your subscribe and save in your dashboard. All right, so you're going to want to go to the very bottom of the page and then you're going to hit add chart. There's an add chart button and the chart that you're going to want to add is the subscribe and save chart. Once you go ahead and add that, it's now going to come up a new widget that will tell you exactly, in the timeframe that you have selected, what's going on with your subscribe and save. You'll be able to see your rate, the number of units that you've sold in, subscribe and save your sales, what kind of discount the customer got, and then your day by day chart. So this is just the beginning of this tool, but it's something that's going to allow you to just get a quick snapshot at how your subscribe and save is hopefully growing over time and then, if there's like any issues, watching this chart frequently is something that's going to help you out. All right, guys, that's it for the new feature alerts.
Bradley Sutton:
Last up, we've got Shivali with our training tip of the week. I talked earlier about you know understanding where your inventory is at in the United States, especially when you're launching that's important or when you're relaunching, coming back into stock, or you want to know how many people have access to you know same day service. So you have a list of those locations. Here is how you can see where your inventory is at in the United States. Shivali, take it away.
Shivali Patel:
Knowing where your inventory is located in warehouses across the country can really come in handy. After all, in the case that you were just launching, opening up your listing before your stock is nicely spread out means running the risk of having potential customers ditch your product for a competitors, all because your delivery time was two to three weeks compared to that gold standard two day shipping. Or perhaps you just want to see where the heck all of your inventory is because you're already selling, but waiting for a shipment to be checked in and save you from low stock or those incoming low inventory level fees that we discussed last week can be really beneficial. A great way to stay on top of both of those concerns is our inventory heat maps located inside of Profits. Think of it as the big brother of all of your Amazon FBA inventory, or a visual map that can help you see where everything is stored. For instance, I am looking at a product I recently launched this past month I actually had the shipment sent to a single Amazon facility a while ago and check out how you can see the inventory spread day by day across the whole country all the way going into December. The bigger the circle you have, the more product you've got there and it's updated every day, giving you the low down on sellable items, on damaged goods, defective items and the total count for each city.
Shivali Patel:
God forbid but say that there was a tornado that hit an Amazon warehouse or a worker strike, causing chaos. You need to be able to see if your product is affected. At the bottom, you can see how many units are available at every single facility that your shipment has been sent out to, and with heat maps. That is something within reach, because you always have a bird's eye view of your inventory. So go ahead and give it a try. Maybe you'll even get to make some correlations between where your inventory is situated and where it's being sold with the tab over, to help you make smarter decisions and ultimately keep your business on track. Cheers.
Bradley Sutton:
All right, thank you very much, Shivali, for that. So that's something you guys all have access to. Make sure to check that out in your Profits dashboard. All right, guys. That's it for the news and training of the week. Hope you enjoyed this episode. This is our last one of the year. I'll see you guys next year, next week, to see what's buzzing.
| |||
| #587 - How to Scale 6, 7, & 8 Figure Amazon Brands | 13 Aug 2024 | 00:49:13 | |
What if you could replace your corporate salary with millions in e-commerce sales? This inspiring episode brings together Robert Gomez, a former senior finance manager at Microsoft turned successful e-commerce entrepreneur, and Kseniia Reidel, an aspiring Amazon e-commerce star. Robert reveals his transformative journey from the corporate world to achieving over $10 million in sales on Amazon and Walmart brand called Kaffe. Kseniia, on the verge of hitting her first seven-figure mark using Project X methods, shares her innovative strategies and experiences in scaling up an Amazon business. From facing the challenge of declining sales due to over-dependence on a single product to launching new product lines in Walmart, Robert and Kseniia provide invaluable insights into the world of e-commerce adaptability. They discuss the critical importance of diversifying product offerings and successfully managing logistics during peak seasons. The conversation underscores the significance of strategic retail placement and the rewards of being flexible in the ever-evolving online and retail marketplaces. We also delve into the game-changing benefits of hiring Virtual Assistants (VAs) for essential tasks like product research. Learn how effective VA onboarding can propel business growth and the impact of diversifying sales channels beyond Amazon, including Walmart, Faire.com, and even TikTok Shop. With strategies for maximizing profit margins and leveraging social media for brand growth, this episode is packed with actionable insights for anyone looking to thrive in the competitive Amazon, Walmart, and e-commerce landscape. In episode 587 of the Serious Sellers Podcast, Bradley, Kseniia, and Robert discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton: Today we've got two guests back on the show who've never met each other, but they've both been on here before Robert, who's generated over $10 million of sales with his brand on Amazon and Walmart, and Kseniia, who used Project X strategies to launch her first product, and now this year she's about to hit seven figures for the first time. How cool, is that? Pretty cool I think. Not sure on what main image you should choose from. Or maybe you don't know whether buyers would be interested in your product at a certain price point. Perhaps you want feedback on your new brand or company logo? Get instant and detailed market feedback from actual Amazon Prime members by using Helium 10 Audience. Just enter in your poll or questions and, within a short period of time, 50 to 100 or even more Amazon buyers will give you detailed feedback on what resonates with them the most. For more information, go to h10.me/audience.
Bradley Sutton: forward slash audience. Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that's completely BS-free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And we've got a couple of serious sellers back on the show Robert for the second time, Kseniia for the third and a half time. We had her on a little Prime Day special here. But welcome back to the show, guys, your first time meeting each other was today. Right, you had no idea who each other was.
Robert: No idea.
Bradley Sutton: I love doing that. I love bringing different sellers who maybe under other circumstances, might never have known each other. So it's really good to see that people from all walks of life have success on Amazon. Now, if you want to get the backstory of Robert, his first episode was on 448. So we're not going to go too much into his backstory here. Maybe we'll touch a little bit on it, but 448 is a good one to see his episode. And then Kseniia has been on. I think her first was episode 320. And then she was back on episode 441. So we're really close to Robert's episode there, talking about how she 10X her sales from that first episode today. I'm not sure what we're gonna completely know about. We're gonna catch up, completely know about. We're gonna catch up with them might be up, might be down, but hey, we keep it real here. We're not here to make it seem like, uh, everybody who comes on is gonna 10x their, their, their sales. That's not why we brought her on the last time. But uh, let's see, let's see what happens. So, first of all, Robert, you know, like, like I, you know, the one thing that maybe people who listen to your episode, uh, that stood out was how you were still working at I don't remember it was like Microsoft or something like that for years and years, even though you were already a successful Amazon seller and that you had just around. That time finally was like, all right, I'm going to quit the day job. So you know, you have a couple of years maybe under your belt not working for the man, as it were. So how has that been?
Robert: How's that transition been from so long being like the corporate world and stuff and now being your own boss, kind of I think last time I was on was around that time that I had just quit or was about to quit or something. But yeah, I was at Microsoft for a few years. My background is in corporate finance and I started Amazon, kind of like a side venture, back in 2017, 2019. I launched the current brand that I have, but I sort of held on as long as I could, had a whole team and everything, before I finally quit. And around that time was when we were going into physical retail and we had got our first sort of big contract. So you know, it was kind of just time. The amount of time it was taking, the amount of efforts it took to execute that program just had to do it.
Robert: And it's now been a little under two years and it's amazing, I mean just the fact. I mean I love I was there for a reason, you know, and corporate served this purpose. You know, I think I'm always able to say that I used to work for Microsoft and that's kind of level setting very easy to tell somebody. But at the same time, obviously it just wasn't for me. From the day I joined Microsoft, I already knew that I wanted to quit. I already had the Amazon business and everything. It was just, you know, really just the golden handcuffs, as they call them. But yeah, haven't thought about going back any single time in this past year plus. So, yeah, thankfully, you know, any day that I get to do this has really been a blessing. It really doesn't feel like work.
Bradley Sutton: What would you say were the effects of it as far as on your Amazon business? Like having more time to focus? Like, did it stress you out more? Was it the opposite? Were you able to take care of things that might have slipped into their cracks? Were you able to scale faster? You think? What were the differences on that part of things?
Robert: It's hard to quantify it in that sense. But basically you know the role I had at Microsoft. I was a senior finance manager. My team was in the west coast at the headquarters, but I I'm based in the east coast, so it wasn't the amount of necessarily time it was taking. Quite frankly, you know, I had a pretty sweet sort of setup where I didn't take a lot of time right, and that's what made it even harder, because the more you get paid and the less you kind of work.
Of course that just sounds like a dream, right, if I just, you know, mentioned it to friends or just talk to people about it, like what are you doing? What are you thinking of putting it for? But it was just the mental sort of real estate, the real estate it took in my mind, even if I only had one meeting that day or two meetings that day. It was just kind of thinking of like oh, I have that meeting coming up, or just like I have to do this, or the feeling of like not giving something.
Robert: My all you know I'm kind of like all or nothing type of guy and so like just having to, like almost feel fake in the way that I showed up to work and it's. They still thought I was doing a good job. You know we had reviews and I was kind of doing OK and good on them, but internally I just felt terrible, you know, and then I just felt like if I could focus all the time, you know, on Cafe, it would unlock a lot of other things and it has, you know, like it has allowed me to get the team into more of a rhythm in the way that we run meetings and run cadences for certain product development, for sales, et cetera, whereas before it could have been interrupted at any given moment, right, because basically I had a job so I could always take that backseat.
Bradley Sutton: So yeah, it's been a ride, All right. Interesting. I think that's something that Amazon sellers out there, once they hit a certain level if they were working, you know is like a universal question All right, at what point do I do I, you know, give up the steadiness of income and the reliability and the insurance and things like that and go, you know, you know, focus solely on my, my Amazon business? For the people who already are out of out of the, the people who already are out of the corporate world once they start their Amazon business, well, they're just all in from day one, kind of, so they don't have that option. But I think the answer is it's different strokes for different folks. You're probably waiting the longest, more than anybody I've known, wasn't it like, even after you started your, your amazon business? Like a good three, four years um?
Robert: yeah, it was about ready to get multiple seven figures at that by that time yeah, yeah, um, we had sold a total of uh, maybe like 12 million or so, um, before I quit, and we rolled, I quit, we rolled out 4,000 Walmart stores and then I quit, basically yeah he was still rolling out 4,000 Walmart stores with his product.
Bradley Sutton: He's like you know what. Yeah, I think it's time now, but that just shows you that's not the wrong choice.
Robert: There's other people who wait after one month, and they're ready.
Bradley Sutton: That's not necessarily the wrong choice. It's whatever works for you.
Robert: There was no room for error. If I messed any of that up, not only would I need a job I would be way in that way, so there's one way to look at it but also the focus was there. That was my full time job. You know, I always say Amazon was my full time job, and then I had kind of a side side job in corporate.
Bradley Sutton: All right. So now going back to Kseniia, first of all, I'm not sure you know I don't remember the kind of things we talk about all the time. My memory is so bad. But then you know, Mhel gave me some notes this wasn't on there but before you started on Amazon like I do have in my notes here that you were doing like selling collectibles on eBay from Russia and things like that, but at any point, while you were doing Amazon, did you also have a day job or you were 100% your e-commerce business from day one?
Kseniia: 100% e-commerce.
Bradley Sutton: A great contrast I didn't even plan that, but is perfect. It is to have a. To have the contrast here now. I remember one thing that was, you know, kind of like the highlight of your old episodes is is the way that you discovered uh and launched some of those first products that brought you success was like using the project x uh method. So that brand that you started back in you know 2021, 2022, whenever it was uh are you still selling that brand today, the successful one?
Kseniia: Yep, still selling. I've had to change a little bit the product line and expand it but, yeah, the first product since from which one it started still there, still selling. It was exactly three years ago, actually, in August 2021.
Bradley Sutton: Wow, okay, perfect, perfect. Now, the last time we talked back, in 2023, uh, I think some of your closing comments about your goals was hey, you wanted to kind of like focus on, on building the brand a little bit more. I mean building the brand in the figurative sense, not, you know, not just expanding their products, but like actually building a, a brand. And how, what did you do to try to do that and how has that, those efforts, worked out?
Kseniia: Well, the first thing I want to talk about is what happened after last we talked. Is that in 2023, I lost like 40 percent of my sales? Wow, let's keep it real here.
Bradley Sutton: Let's keep it real Well, what was it an attack or just you know the competition? Did you make a huge mistake or what? What happened? Uh, did you make a huge mistake or what? What, what, what happened?
Kseniia: yes, I made a huge mistake, totally my fault, because when I started building this brand, this brand was focused on accessories for a kitchen appliance, and what I didn't think about is that my sales are going to be totally dependent on the sales of that kitchen appliance. Under no, no, no circumstances I can sell more accessories than the appliances sold. And so what happened is, in 2021 and 2022, the appliance sales were growing and they were doing a lot of social media, so my sales were growing, with me not really doing anything, like I didn't do any social media for my brand. But in 2023, from the beginning of 2023, for whatever reason, their sales started dropping like every month, less and less and less, and by the end of the year, I think they also lost like 40 or 50 percent of their sales and your sales were 100 reliant on theirs, yeah, the same. And anything I was trying to do. I tried to do social media, I tried to do Google ads at an agency, but nothing really was just a waste of money, basically because their product wasn't selling, so my products were not selling and my brand was 100% focused on accessories around that kitchen appliance. Wow, okay, so like I had eight products, I think, by the end of 2022. And they all were related to that kitchen appliance.
Bradley Sutton: Interesting, interesting. And so then you're like how do you pivot from something like that? It's like you know, your whole concept of your brand is around this one thing. And here you are trying to build your brand, but then like, wait a minute, this is not the direction I need to keep going, or else I'm going to keep going down yeah, I spent several months on trying to think about what to do about it.
Kseniia: I was like, oh, do I just dump it all and just start it all over? But then, like I had a patent pending for two of the products because they were selling really well and it was really my like design idea that I totally made from scratch, I was like I don't really want to dump it because, who knows, maybe like next year, their sales will go up again, you don't know. So I was thinking about it and I just decided to expand into the products that not a hundred percent related to this kitchen appliance that but can be used by the same people but also can be used by other people as well. So kind of exit the sub niche and get in a little higher niche. So they're still all related, but now I'm not tied to that kitchen appliance.
Bradley Sutton: Now, did it help at all that you were in that niche already to launch these other products? Were you able to market to your existing customers at all, or was it almost like starting from scratch again?
Kseniia: No, the first product that I launched after that was not 100 related to the other brand um was made for I actually got the idea from the customers of that brand, but it was also being bought by all other people. So and sometimes I see that the um, some of the purchases that are made, they're made like two products bought together yeah, the one for the brand and not not for the brand. So the first one kind of easy, and then I started expanding a little bit more outside of the something totally not related to that brand.
Bradley Sutton: Okay all right. All right, we're going to come back to you because I want to uh, double click on a couple of those things you're talking about. But now back to Robert. You know you had mentioned how, in in around the timing of the last episode, you're launching Walmart and there are thousands of stores. Um, I would assume you know we're here in in august that it's been over a full year now of Walmart store sales. So how would you, how would you say that that's gone? Like what kind of gross sales we talking about just in in stores on Walmart, and are we only talking one skew?
Robert: Yeah, so we launched, uh, maybe, yeah, 16 months ago or so, with two skews uh right away. Basically, one of those items was the intro offer. What they call that at walmart is basically the the cheapest option of that product at walmart right, in this case a coffee grinder, and from the time it went live it just started really selling. Just basically, we could see from the data like Nielsen data, which is like official retail data, not counting Amazon and e-commerce we could see that our product was the best-selling grinder in the us, like across all retail points, just because of that walmart placement, right like. So, imagine walmart being, you know, the kind of highest volume retailer and you're the cheapest in uh or the intro uh pricing there, so that that, you know, had what was kind of like a big boom.
Robert: Uh, struggle to kind of just make sure you know, basically keeping up with their projections were a lot lower than we actually did end up selling. Uh, and you know I kind of had already predicted that we would sell, about you know, more than they predicted, just cause that product did well in any other channel that we put it Um, and so, yeah, just kind of stabilizing that right, so making sure that through the holidays.
Bradley Sutton: I would always remember your uh, remember your Instagram post.
Robert: You would be going around to Walmart’s all over the country you're on vacation stuff and go to the shelf where your product is and look it's empty, like we're sold out, like it's a fly, literally flying off the shelves yeah, so that's what was happening, you know, and so because it had one facing, meaning it's on the shelf once, instead of like having two, two of them and it would sell kind of fast enough that basically it wasn't. It wasn't able to maximize what it could do, right, because it wasn't available fully right. So we were missing, you know, maybe 20, 25 percent of sales there until, like, the Walmart kind of system catches up with it, like, uh, their forecasting system, um, but yeah, it's basically uh, it's bigger than an amazon business, uh, it's a high seven figures kind of deal and we're counting wholesale costs, so like not the actual retail, so it kind of would be bigger. And the thing with Walmart there is, you know it's compared to amazon it's huge. You know, like it's guaranteed you're a vendor, there's no middle sort of person there and just you know they place every week orders for 42 distribution centers, so like, basically every week we get 42 orders and it goes to other distribution centers, and then this May, so basically a year later or a little before that, they launched one additional item, so they added one more to the two and now there's three. And I also went to another line review for next May to hopefully add a couple more items. So it's just kind of working on the retail side there, but separately.
Robert: I was actually in Puerto Rico yesterday. I was, as I was telling you, meeting with the Walmart Puerto Rico team because they're rolling out, uh, basically a whole section of like 15 items, um, like they're, they're actually like taking up a whole section, um, and that, you know, even though there's not that many stores in Puerto Rico, it's a, it's a huge kind of way of proving it out, like you know, hey, you know, we did this over there. How about, you know, over here, right, right, two other retailers in the us, and that's kind of where the strategy is. So certainly ups and downs, you know it's not always, uh, rainbows and butterflies, as they say. Uh, that side of the business is great. That's what we've been focusing on for a while. But, uh, there's amazon as well. Not such a pretty picture there, but we're still going at it strong, obviously we're gonna want to uh, you know, uh listen to your story on amazon.
Bradley Sutton: But just going back to the Walmart you might have said this in the last episode but, like I said, I forget things how was it that you even got into Walmart before? Did you start to sell on Walmart.com? Did a buyer at Walmart take notice of you because you were crushing it on Amazon, amazon? You know that's probably the hardest thing for somebody who's interested to get in Walmart brick and mortar is getting on the radar of the buyers and actually getting you know in a media unless you'd, like you know, win a contest or do that uh open call or something like that. But how was it that you were even able to get your foot in the door with Walmart?
Robert: Yeah, so a little combination of a couple of things you mentioned, but essentially we have a broker, okay, and a broker, what a broker does, and it wasn't the first broker we had, by the way, and we have one for Target we have. You know, these brokers kind of charge a single digit percentage of sales if they ever sort of get you in the door. Some charge a monthly retainer. In my opinion I wouldn't go with those. You know, the ones that are like serious in my opinion more are the ones that charge you a percentage only if they ever get you in the door, right, um, and so we had tried one. It didn't work out. I mean, it's the same as us reaching out to the buyers, which we had also done, you know, and they don't really reply. You know, like all these retailers at least the, the biggest retailers they have once a year kind of reviews, right. So if you kind of get invited to the review, then maybe you they'll review your product, but that has to do with whether they're wanting to change whatever they have on the shelves, whether they're open to whatever you have, just like a lot of different things. Like the most common thing to happen is that they don't change anything on the shelf Right If it's kind of working or. You know, their jobs depend on the performance of what's on the shelf Right. There's not unlimited amounts, so they're very picky on what they select in. So that's why it's kind of like an uphill battle to get into the retail shelves, and more nowadays that everyone's pushing for conf right. If anything, they'll tell you oh, go try conf first. That's just kind of like a cop out to say like we don't want you on the shelf at the moment.
Robert: So how it worked with us is basically we had worked with a broker. It didn't kind of work out, just no motion there, and not to their fault. But another broker reached out and said hey, you know I can try to reach out, and he did, and it was regarding our coffee grinders and they basically said you know, you can come to Venville to present it at our line review in June of that year and they had seen the product on Amazon. So yeah, I think we were bestsellers or just doing really well compared to other things they had on the shelf and they invited us for that one product and of course when we went I presented other products Right. So you have like 30 minutes. You set up on a table and it's like go, go, go, and after that just kind of I thought it would be like a lesson learned sort of like. You know, maybe come back next year like a good job. You know, at least I learned how to do this thing. But they came back with, you know, questions that led me to believe that they were really interested, like, hey, you know, would you be able to like fulfill a large number of stores if we allocated you that? And, and you know, I just said yes, you know, I never.
Robert: Even that was our first retailer. You know, usually they try you out with a hundred stores or you maybe get into another independent retailer and then you kind of work your way up. But it was one of a weird case where our first retailer was, you know, every Walmart. So it's kind of like you have to learn how to execute the biggest one first, and so now we feel confident that any other retailer, it's kind of like it'll be okay. You know, capacity, volume, just processing the orders. It was a beast at first but yeah, that's how it worked out. Okay, cool, a long sales cycle.
Bradley Sutton: Yeah, Interesting, interesting. Now, switching back to Kseniia, you know, like in the old you know I remember some of your other products the way you would kind of find and or launch was, you know, like through Facebook groups and things like that. Like, are you still using that method to like? You know now that you kind of are going a different path, like, is this Facebook play a role, or how are you finding where the needs are to launch these new products? And then, how are you getting the initial eyeballs on your product once you do launch?
Kseniia: Yeah, the first one that I launched after switching of being the accessories for other brand that was also from a Facebook group. That also was from the same people. But then after that I realized that I need to find a VA finally, because it was only me before that and it got kind of hard when I got to like almost close to seven figures.
Bradley Sutton: Remind everybody what you did uh, you know to do that so they can kind of have a for those who didn't hear the last episode, so they can have a picture of your strategy here so before, uh, I was finding product ideas, I was on the Facebook groups for that kitchen appliance and I would just see what customers say.
Kseniia: Sometimes, a lot of times, because it was a new brand and it was like, basically no accessories for this kitchen appliance they would just say, oh, have anybody, anybody seen this product or this product that we can't find anything like this on amazon? We really want it and I would go like Esty or eBay, I don't know. I check Pinterest and I would see people try to make it themselves from, like I don't know, pieces of wood or something like that. So I realized, okay, well, it's great, then you check the search terms and people actually searching for this product, but there is no options available on Amazon. So that's how all the other products before were and then.
Bradley Sutton: So what did you hire the VA to do? Just start, you know, just be in all these Facebook groups and Reddits and stuff like that trying to get information, or what are they doing?
Kseniia: no, the first thing that I did when I hired her, I told her she needs to learn the Project X.
Bradley Sutton: Nice.
Kseniia: I gave her the Project X because I told her that's exactly how I learned how to search for products. So the first thing we did is that she watched the whole Project X Love it. Because I wanted her to learn how to find products, the way how the Project X was done. Not starting from the product itself, but let's say starting from the product itself. But I'll say started from the keyword. Yes, so searching for the opportunities and not searching for something that already exists, and you'll be surprised. I think it's in two months I don't remember how many she actually found, but the one that we're actually going with in two months it's like 10 or 15 products, something like that that's already passed, like we're getting the samples.
Robert: Oh, wow.
Kseniia: So that's just not the product ideas. That's actually what we will be launching.
Bradley Sutton: That's awesome.
Kseniia: So yeah, she's really great Okay.
Bradley Sutton: How did you find her? I think that's another thing that people wonder about is hey, how do I find good VAs who are actually going to produce, Like, did you go to a service? Did you just put a notice up, or?
Kseniia: I just went on a website. I forgot how it's called like jobsph or something like that. And yeah, I just did a post that I'm looking for a VA with like a specific requirements and I actually did like a an attention test, let's say so. I put it a note and in the middle of the resume and tell them that's how they should name the email when they reach out to me. And you'll be surprised, out of maybe a hundred people or more that reached out to me, maybe like five only actually read yeah the joke post and they put it the and that was like the first test and then they did a task trying to find a product.
Bradley Sutton: So hey, there you go, Robert. There's a tip for your, your next hiring thing. Like uh, dude, that's a good test to weed out half of the applications right there. I like it. I like it, okay, cool. So now you know, now that You've launched some products that kind of are not reliant on that one appliance, what do you project? Is your sales going to be by the end of this year on the trajectory you're going now?
Kseniia: Yeah, I think we will definitely hit the seven figures this year, so it should be better than so. So far, the best year was in 2022, when we got very close. I think it ended with like nine80,000 or something like that, and I think we should be more. Yeah, it should be more this year.
Bradley Sutton: Awesome, awesome, awesome Congrats.
Robert: You got to buy $20,000 worth of goods at that point. Yeah, just at the end of the year just like buy your own product.
Bradley Sutton: Come on, I mean you got to hit that number, but hey, that's good, you're going to do it without having to game the system like that this year. Awesome, Robert. Amazon. Let me look at my notes here. In your first year I saw you did $2 million on Amazon. You had grown it to like $4 million, which was pretty much Amazon.
Robert: Only If we were just to take the Amazon, not the Walmart. Are you up down? We're probably slightly down. I would say maybe 15% or so, 10 to 20. Part of that was our own doing. We had to prioritize. If we ran out of stock, it's not going to be at Walmart stores, it's going to be at Amazon, and it's happened a couple of times and know, and that's kind of affected. We had a really kind of high margin sort of products that we've launched and one of them did extremely well and we just haven't been able to keep it in stock because it is a new item to our supplier. But, like as an example, we launched it basically like month one, with no reviews, you know, just like our branding and running ads. We did almost like a quarter million dollars of sales and it was profitable, which is crazy. You know, usually we're used to losing money, you know, even after a while sometimes, uh, but you know that kind of like margin. There's certain like we're basically focused more on things that make margin, you know, or things that will basically help us push sales through our website, through other products, or things like that, like our hero, where we include an insert card and they're able to buy other accessories from us. But yeah, certainly, strategy slightly changed.
Robert: Within Amazon, advertising basically just kills a lot of the margins, but we see it as a brand awareness exercise as well. We have a lot of products on the roadmap that are higher margin and just kind of like uh, you know, complementary products and stuff that you know I think it's a survival of the fittest on amazon. You know, thankfully, we have always tried to open new channels. You know it wasn't just Walmart stores, you know, for a while we've done all the dot coms, you know, even as vendors like Target dot com, Walmart.com, Macy’s Home Depot, fair dot com If anyone out there listening, maybe I'll save it for the 60 second tip. But Fair dot com, yeah, just, you know, all the channels start adding up, you know, and those are higher margin than and where you don't have to run ads and stuff.
Bradley Sutton: So how are you dealing with the year of the fees? It seems you know Amazon, you know 2024 new inbound fees and low inventory fees, which it sounds like you probably hit because you keep running out of stock, you know, on some items and refund fees and stuff like that. Like how have you been able to maintain your profitability? Or have you been able to maintain your profitability, you know? Have you had to raise prices or what's going?
Robert: On no, we just, we have not maintained the profitability, it's just straight. But not on amazon wise. You know, thankfully, the retail side for us just, you know, pays the bills and more. You know thankfully. But uh, we see amazon, as hey it's, it's tough for everybody. You know, thankfully we have another side of the business that it's actually our priority and you know we're still focused on Amazon. But we didn't keep the profitability. Necessarily we can't always just raise prices because we are basically selling on a lot of other channels, so it disrupts a buy box potentially and it's just one of those things where we just have to optimize on the ad side and just straight up, not focus on some SKUs that are, you know, kind of loss leaders or could be loss leaders.
Bradley Sutton: Now I'm looking, I'm just looking with Helium 10 here on your store page with X-Ray, and I see actually you know there's a number of products here that you've launched in the last year. Like I see it, says March of 2024. I see another one here, June of 2024, this coffee scale with a timer. Why, somebody, that's gotta be a serious person. You're weighing your coffee and you got a timer on it, but whatever. So there's all these unique products.
Kseniia: It's at Walmart.
Robert: So that product is at 3,000 Walmart stores. Wow so wait, hold on stores. Wow so wait, hold on, hold on.
Bradley Sutton: It just says you launch this in June. So does that mean that you actually launched a product on Walmart before Amazon? I love that. You see, I keep trying to tell people that exists. Some people say, oh no, Walmart is the opposite. You can expect less sales unless you get into the stores. But there are definitely people out there who launch on Walmart first. But anyways, my point was I see at least four or five products here that were launches here. So obviously you're actively, you know um, trying to expand the brand, you know. I asked Kseniia the same question how are you finding these, these new opportunities, like? What are you doing to, like, do your market research to say you know what? This is the next product we're going to try.
Robert: Yeah, so a lot to do with I mean doubling down on what works, for example, the categories that are working. We introduce either variations or new models if we see fit, and then we get a lot of feedback from retailers and pitches that we do to retailers. So we're in line reviews all the time with different retailers and they tell us we like this product, we don't like this product, or potentially, I think we launched maybe like 20 or 15 or 20 espresso sort of accessories, the scale being one of them this year, and that was from, basically, feedback from a Walmart buyer saying, hey, you know, it'd be nice in the future if we have some espresso tools you know that's kind of a trending category, or whatever. And we sort of said tools, you know that's kind of a trending category, whatever. And we sort of said you know, yeah, we have those kind of coming anyway. Yeah, you know. And then we went and looked for those. So we you know I have a lot of products that I've already tested and stuff, you know, every, basically everything. We're a coffee brand, so anything around the coffee categories, you know, are sort of constantly keeping my eye out and our factories also like innovating with us. Um, but yeah, it's, it's.
Robert: It's a lot of prototyping for retailers, rather than launching on amazon and seeing if it works and then sort of uh, then going to pitch to the retailer. So it's a lot more capital efficient, just sort of prototyping things or final sampling and then uh, sort of having them available on your catalog and then if a retailer wants it, then of course you go to mass production, you go kind of bigger on that and double down on amazon um, but yeah, on the amazon side for us, you know one thing that you probably wouldn't see on the numbers there, but we're we've been working with a 1p partner where we basically have a lot of margin on but we don't necessarily account for the sales through our account, you know. So, like our item wouldn't necessarily show that but it says sold by amazon. So there's some. We just started that as of like a month and a half ago or so, uh, and it's been kind of working really well, um, certainly making a lot of profit, and they're selling uh as dot com, as amazoncom. So that is sort of how we're mitigating the risk, just sort of looking for ways where we're able to keep profitability, because you know categories that need our products. You know our brand fits in well.
Bradley Sutton: Now one thing. The last question for you, before I go back to Xenia, is I don't know the specifics, but I used to supply Walmart to other companies I've worked at. But it's not like they pay you a month in advance or even they pay you up front. There's different terms that Walmart needs and then when they're ordering what? 50 units for 4,000 stores or 20 units for 4,000 stores everybody can do the math out there. We're talking a sizable chunk of change. How do you manage cash flow when you're almost having to front Walmart and some of these other things like and have such a big business with so much turnover? How do you have the capital to sustain, to keep it, to keep it going?
Robert: yeah, that's the part that hasn't been easy for sure. You know, financing environment altogether has gotten, you know, tougher for everyone. You know, obviously, the higher interest rates and stuff. I just bootstrapped this so of course even harder right, and I'm in a sort of categories that are, you know, some would say commoditized, unless you have like strong brand but you definitely are competing against legacy brands that are sold by amazon. So basically a lot of competition in that way. Um, so, to scale it, it's not like I had extra sort of profit margins to just dump around and make mistakes and sort of, you know, go everywhere. So it definitely took some, you know, strategic there, partnering with the.
Robert: I would say the biggest lever is our supply chain terms. You know our supplier terms are almost unheard of when I tell even you know bigger, much bigger sellers. Obviously I've taken on debt, you know, um, and that's been helpful, you know. You know decent amount of debt, but the largest chunk that allowed to scale at that point has been the supplier term. So think of uh, you know, usually you pay your suppliers maybe like 30 deposit and then the 70 maybe when the goods goods arrive at the US. You know if you're lucky, you know if not when it left China. We pay 15% deposit and then we don't pay the 85%, sometimes until 90 days after the goods arrive in the US. So basically, we sell it to Walmart.
Robert: Walmart pays us in 55 days and then we go and pay our supplier essentially. So at any given time we owe our supplier so much money that it also makes a relationship so that we basically don't have to. We do, uh, at least once for all we don't have to do inspections on containers because they're not going to mess it up. You know, if they mess it up, we owe them so much money that it's in their best interest to not. You know, uh, so it keeps that relationship always kind of lopsided in in this way and, quite frankly, is the cheapest financing.
Robert: You know that that one can get right. It's just basically your supplier taking on the brunt of it. So at some point earlier this year, yeah, like because of the terms with Walmart, basically Walmart owed us like maybe a million and a half dollars or something, which is crazy. You're like, okay, in the next 55 days every they're going to be paying some amount. But then we also owe the supplier like hundreds and hundreds of thousands, and then over there, this and then you have to order another container because you know Walmart's going to reorder and they're not telling you that, but if it's on the shelves they're going to start reordering as soon as it starts trickling in. So it's just a huge risk really. But when it's Walmart stores, I mean you just have to take it. You know I always said I'm either going to make this thing, you know work kind of do it big or leave a huge hole in the ground of where it was once. But it's business. You know, I try to remove the outcome from me. You know me, or my sort of self-worth, I guess
Bradley Sutton: Now, Kseniia, a similar question to you is you, as a smaller up-and-coming seller, how have you been able to deal with all the new fees? Have you changed your strategy about how you send stuff to Amazon at all, or anything else like about how you send stuff to Amazon at all or anything else, or are you just kind of like you know, just taking the new fees and raising prices, or how are you dealing with it?
Kseniia: Well, generally when I did the product research before and now we look only for the products that look at like 40% profit and obviously that was the profits that I had in 2022. And after all the fees, it just dropped to like 23, probably percent, 23, 25%. I'm very careful with PPC right now. I'm not trying to overspend on it Plus on the storage, so I'm basically storing for free the products in China after they're being manufactured, so I'm saving money on that.
Bradley Sutton: I think this is interesting. A lot of sellers are kind of like maybe in your shoes right now, maybe just by themselves, or maybe they have one or two VAs. Tell me, how many hours a week are you putting to your Amazon business? How many hours a week is your VA doing? And then what are you guys doing? How does your week look? How do you break apart the responsibilities?
Kseniia: So actually I hired the first VA in April, I think and I liked so much that I hired a second one, like a month ago. But she's only responsible for like social media because we started doing TikTok, uh and a lot of like UGC content, um. So the first VA she does a full time, so 40 hours um a week, and the second one is a part-time for now because I don't know how it's gonna go, because I don't think all the products are fit for like TikTok are you doing TikTok shop or just like promoting?
Bradley Sutton: yeah, TikTok shop. Okay, how's that.
Robert: How's that working out for you?
Bradley Sutton: I'll go back to the employees or the time management one, but how's TikTok?
Kseniia: Well nothing really. Yeah, we just we just started like three weeks ago, I think four weeks ago ago. So she's reaching out to a lot of influencers and through the affiliate program, through TikTok, so I don't know how many she probably reached out to like 200 a day or something like that. So some reply, some don't. So we've just been sending out some sample. I think we only got like one video or something like that yet posted, so not much yet.
Bradley Sutton: Okay, one employee is specifically doing social media for you, including TikTok shop, and the other one is she just doing the product research, like you mentioned before, she has other tasks for you as well.
Kseniia: Yeah, so the first one. She initially was hired specifically for product research, but then we got to the point where we got so many products that we found but there is not too much money, even though I've taken out the loan, but still there is not enough Like. But there is not too much money even though I've taken out the loan, but still there is not enough like. I don't feel confident yet to get like a huge loan. So we still have to launch like one or two products at a time. I can't do like go and launch all 15 at the same time, because the problem I ran into maybe six months ago is a launch product and it became. It started selling a lot better than I expected to.
Bradley Sutton: So cash flow. Same thing we're talking about with uh, with Robert there, yeah yeah, of course.
Kseniia: Well, at the moment where I started losing sales, obviously I didn't have any profits. So that's the moment when I had to decide what I'm gonna do if I'm just closing it all down or am I taking a loan. So I decided to get a loan and start launching new products, and then it got better. But also I use a lot of credit cards just because I get points. I figured out the right credit cards to use because I travel a lot. Then I honestly don't remember last time I paid for a ticket. It's all always done through points.
Bradley Sutton: So how do you, how are you paying your suppliers with a credit card? Cause not all, not everybody, knows how to do, how to do that.
Kseniia: Uh, so I just do it through Alibaba, but I negotiated a terms with them where they covered Alibaba fee, so I'm not worried about that. Okay, cool, but that way I get a bunch of points every month.
Bradley Sutton: Yeah, because I know you and your husband like to travel a lot too. So you're saying all those are. Are you business class on everything too? Most of the times, but not for the short flights.
Kseniia: Okay cool, cool for the longer ones.
Bradley Sutton: So, Robert, as I'm talking to Kseniia, she was talking about TikTok shop. Here I'm looking and I see you're on TikTok shop too. So how, how long have you been on there and how's that been working for you?
Robert: yeah, I think we maybe, uh, earlier this year or something like that. Um, again, we have, uh, there's certain products that we know work a lot better for TikTok shop and we see it. You know, there's a concentration on a few products basically that work very well there. You have one of them pulled up. We just had inventory issues on those products. Basically, those products are really hot, kind of everywhere we put them and we really haven't been able to push as hard as we can on TikTok shop, but certainly everywhere we put them and we really haven't been able to push as hard as we can on tiktok shop but certainly are gathering a lot of affiliate content.
Robert: Um, and sales are starting to come in. You know, uh, we see it as a big kind of big potential there. Um, certainly so. We're. We're reloading on inventory on those and, and for those that didn't know, uh, fulfilled by tick tock, I think basically, and for those that didn't know, fulfilled by TikTok, I think, basically they're subsidizing shipping. So you essentially make more margin on certain products as long as you get them above a certain threshold. So, yeah, it's one of the channels that we're focusing on. That's newer, okay.
Bradley Sutton: You know we talked before about your goals. So, like what are your goals now for the future of your brand, now that you have like a different direction than the last time we were talking? Like what are you trying to accomplish at the end of this year other than hitting seven figures? What's next year look like for you?
Kseniia: We're just going to try to launch as many products as we can. Our goal is probably two to three products every couple of months, so like a product a month. So that why we try to develop um. At the same time we're developing like five products, because you never know how it's gonna go um and, of course, do more social media, do more content, just to, you know, to get the, the brand name out there. Uh, we just started doing Shopify, like a month ago or no, a week ago, I think. I just started working on a website um.
Bradley Sutton: Are you launching any other platforms? Obviously you're on amazon. You're on TikTok shop. You just said you're on Shopify. Are you on Walmart?
Kseniia: or other places. Not yet, not yet.
Bradley Sutton: But yeah, I'm thinking about going there too, as well, now you've got an inside connection at walmart if one of your product takes off somebody who can help you out here, Excellent. What is your favorite? Helium 10 tool, Kseniia or function of a tool.
Kseniia: Probably the audience. That's the one that I use all the time. Is it called audience?
Bradley Sutton: Yeah, the split where you ask the questions to the people and say, how are you using that Like for your images, or just for product ideas, or what are you using that?
Kseniia: honestly for everything, for both for the product ideas, for the images, because I just think it's so easy. You know, when you're thinking about like the product we find, then I usually do um, like the drawing and uh, 3d you know the 3d image of the product that doesn't exist yet. Then usually all my products are like, really designed differently. That's what's on the market right now and I just upload the image there and I see what people say and ask them would you buy this product? And if you wouldn't buy this product, why not? Or what would you change in this product? And sometimes I see the things that I didn't even you know, I didn't even think about that.
Bradley Sutton: So you're launching just the 3D rendering and just asking a question on that image, or you're launching it like, or you're launching it, you're putting it in a poll next to like existing products and asking them, or which one are you doing?
Kseniia: I'm doing both. Actually, the first I just do the rendering and ask them would you buy this product? And if you would not buy this product, would you change like, how would you make it better for you? And then sometimes I also compare it to the other products that on the market and ask them which one would they buy? Interesting and a lot of times I do the changes on the product based on what the people say.
Bradley Sutton: Yeah, yeah, I think it's important. I mean helium 10 audience, which is, you know, uh basically pick fu inside of Helium 10. I think is slept on by a lot of people. But that's, that's uh glad to see somebody's similar questions. To close out, uh, before we get to our final 30 second tips to Robert, like what's, what's your goals for the brand this year, next year and beyond?
Robert: Yeah, so we're. We're really just doubling down on retail. We have a line reviews with different retailers. We're attending different trade shows, not like Amazon trade shows but like actually exhibiting. We did our first one in Chicago this year that had brought a lot of leads to basically regional retailers and all these new doors where we can just increase our distribution Within Amazon. Just continue to execute our roadmap. You know, basically double down on the products that are working and like higher margin products, but basically just doubling down on what's working. The brand, the angle of like being a go-to coffee brand versus legacy brands, that kind of just focus all over home, all over kitchen yeah, it's really, you know, seems to be really hitting a nerve with retail buyers. So that's kind of where we're going.
Bradley Sutton: Nice, nice and your favorite Helium 10 tool for you or your team.
Robert: Keyword Tracker. I use the Keyword Tracker a lot, market Tracker the original one. So those are my top two and that's because I have a lot of customization there. And I would say, to answer your other question on what could have maybe some improvement, although I like the interface a lot, is the profits. I think I talked to the team already but maybe there was some delay there with the advertising numbers being posted and so, like you know, profit being a tool that you want to look at almost like real time, you know, as opposed to like a few days back. But overall, you know, I love Helium 10. We use a lot of the tools the follow up tool, the you know I hadn't heard of the audience one we use PickFu from time to time, same thing.
Bradley Sutton: It literally is PickFu just inside of Helium 10.
Robert: Yeah, I didn't know that you guys had integrated like that. But, yeah, a lot of tools that help us keep an eye on the business, a lot of the notification stuff, the daily like keyword tracker emails that we get. You know, we really do use all those things Awesome.
Bradley Sutton: All right. So now you know. Robert and Kseniia have been on this podcast for a while, so they know what's coming up next. What is your 30 or 60 second tip? Let's start with Robert.
Robert: So my tip revolves around retail or going into retail. But first I want to talk about a channel called Faire like fair with an E at the end, dot com. To those who haven't heard it, especially if you're selling on Amazon or already on e-com, it's essentially a marketplace for independent stores all throughout the US, Europe, whatever, just sort of mom and pops, coffee shops, just any sort of stores that wants to source goods for their store, and it does really well for us. We've sold six figures through there, high margins, and we get pictures all the time from random friends and things like hey, how is your product that's in a random coffee shop in the middle of random city? Or just like in this little store, I saw your products. So you get actual feedback on what your products look like on the shelves and which products actually sell, Because those products, even though it's going to be a little store, it's going to be on the shelf, so you're going to see which products turn and why they do or do not turn, and that will kind of build up your first book of customers that are actual physical retails. Right, there's a lot of reorders on there and it's just a great way to get your feet wet into going to retail go ahead, you know, into going to retail.
Bradley Sutton: So that's my tip there. Okay, cool, all right now. Now over to uh Kseniia. What is your uh 30 or 60 seconds? Uh tip or strategy for the sellers out there?
Kseniia: I want to talk about the product development. I want to say that never stop product development. Uh, always have multiple products and a development at the same time. Um, even if your budget allowing launching only one at a time, because there is always going to be something that's going to go wrong, like the samples might not be made according to the drawings, suppliers might take a lot longer time to make the sample, or your packaging can get lost in the mail. So, and if something goes wrong with one of the products that you're developing, you always will have another options what to launch.
Bradley Sutton: Cassini in the past. I know she kind of flies under the radar here, and that's why I love having people on the show. They don't come here with agendas, they're not trying to. You know like I'll have professionals, no problem. You know people who have agencies, people who do want to make a name for themselves no problem with that at all. I get good stories. But I also like having people on here who, who, hey, they're not on here for promotion, they're just trying to help other sellers out here. So, Kseniia, I know I don't even have to ask that that that she doesn't even have a you know any website or LinkedIn for people to reach out to. But, Robert, I think you do so like, if people want to, you know somehow find you on the interwebs out there. How can, how can they locate you?
Robert: Gladly, we'll connect. I love just talking to sellers and helping in any way I can. I always learn as much as I give away at least. So gladly please reach out. LinkedIn would be fine, Robert Gomez, just search for me and glad to chat.
Bradley Sutton: Awesome, awesome. Well, Robert and Kseniia, thank you so much for coming on and sharing what you guys have been up to, and we definitely want to reach out maybe in 2025 and maybe not together, because I like introducing people to new ones, but maybe we'll connect you with other sellers out there. But thank you so much for coming on and wish you the most of success in your e-commerce journeys. | |||
| #521 - How to Sell on Amazon UAE & Saudi Arabia Marketplaces | 26 Dec 2023 | 00:35:51 | |
Unlock the secrets to conquering the Middle Eastern e-commerce landscape as we team up with Krystel, our Dubai-based expert, to navigate the dynamic marketplaces of Amazon UAE, Amazon KSA, and Amazon Egypt. Our discussion peels back the layers of these culturally rich and diverse regions, showcasing strategic entry points for foreign sellers and the innovative AE2SA program that's revolutionizing logistics and cross-border commerce. Embrace the tales of triumph as we reveal how a local Prada sunglasses distributor and a savvy Polish pet treat enterprise struck gold in the desert by leveraging Amazon's robust platform. Crack the code on advertising strategies and product hijacking within Amazon's ecosystem, where we dissect the intricate dance between cost-effective marketing and the darker shades of competitive tactics. Our conversation extends beyond mere product listings, as we arm you with the know-how to refine your sales acumen and construct a resilient product framework. Plus, get an exclusive scoop on the upcoming seller meet-up in Dubai, a hotbed for networking and exchanging insights with fellow entrepreneurs. As the sun sets on our enlightening session, Krystel and I invite you to explore the vast opportunities ripening in the Middle Eastern sun. Whether you're a seasoned seller or just planting your flag, the region's e-commerce growth is a fertile ground, ready for you to sow your business dreams. So, tune in and prepare to be whisked away on a magic carpet ride of invaluable strategies and heartwarming success stories that await in the Middle East's online bazaar.
In episode 521 of the Serious Sellers Podcast, Bradley and Krystel discuss:
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Bradley Sutton:
Today we've got somebody back on the show who is going to talk about some of the fastest growing marketplaces in the world for Amazon, amazon UAE and Amazon KSA. How cool is that? Pretty cool, I think. Helium 10's got over 40 tools for e-commerce entrepreneurs. I know how overwhelming it might seem to try and figure out how you're going to learn how to use everything, or maybe even to know which ones you want to get started with, so for a completely free course that's going to guide you through learning everything you need in order to become a Helium 10 expert, visit the Helium 10 Academy. That is h10.me/academy. Hello everybody and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world, and we are going on the opposite side of the world today, coming to us live from, I believe, Dubai. We've got Krystel back on the show. How's it going?
Krystel:
Hey, Bradley, very good. Thank you so much for having me back. Very excited to talk Amazonian with you.
Bradley Sutton:
Yes, let's do it. Let's do it. You know I'm here in feeling the nostalgic vibes. I'm here in my I'm not going to call this the original serious sellers podcast studio because we, when we first started, we were in another. During the podcast we were in another small we work office way, way back in the day, but this was our second ever podcast studio. I'm here in Irvine, California, at our original Helium 10 office doing some meetings this week, so not in my regular studio, but you, you are. You've been in Dubai. How long now.
Krystel:
Since, well, I officially moved to Dubai in 2019 myself and the company we moved to Dubai in 2019. So not a very long time.
Bradley Sutton:
All right About the same time, since I've been in this, this office here. So if you're looking for a Krystel's backstory, we're not going to go too much into it today. You can go to episodes 304 and 376. She was on, so just h10.me/304 or 376. And you can, you know, see, you know a lot more of her backstory there. But today I wanted to, you know, catch up, because now it's it's, you know, pretty much, it's 2024. And we are, you know, in a new world where Amazon is opening up again to other market places. You know, there was a time where, where it seemed like it, wasn't really opening up to to new marketplaces and there was a time where there was just booming, you know, opening up in UAE and Saudi Arabia and other places. So I wanted to kind of like see what's going on in that region. So, first of all, in that area it's not just Amazon UAE, but what are the other main marketplaces in your region over there?
Krystel:
If you are a seller that's based or you know, you launch on Amazon in the UAE, you're not just serving the UAE customers, but you're serving UAE customers, Saudi Arabia, Oman, Kuwait and, most notably and recently, Qatar, which became quite a popular country because, you know, if you're, if you're soccer fans, or yeah, or World Cup fans, then that's a really cool country. So, yes, as a seller, now you could just send your products over to Amazon in the UAE and you'll be able to access all of those countries as well.
Bradley Sutton:
Okay, interesting, interesting. Now, which token is that connected to? Because I like, for example, if I'm selling in Amazon USA, that's like the North American token, but it actually also includes, you know, Mexico, Canada and Actually Brazil. You know, if I'm selling in in in Singapore, that's part of like the Asian token includes like Japan. And then there's Europe, which, just with the, you know, once I'm in one marketplace, I'm in all of the others. Now, is that, is that region connected to Europe? Is it connected to the Asian Marketplace where, as long as you're selling there, it's, it's pretty much just a few clicks? And then, of course, your business information, where I don't have to apply like from scratch, or is it its own separate entity?
Krystel:
It's really cool that you brought this up. So let me just clarify again Amazon doesn't have an Amazon like, unlike in Europe, where you have, for example, amazon Germany, amazon Spain, amazon France. Amazon still only has Operations in these three countries that I mentioned. However, they do. You as a seller, it'll be much easier for you because you can simply have your products warehouse in the UAE and sell them all across the rest of these countries that I just mentioned as well. Amazon has its own entity for the region, dubbed as Amazon Middle East, so it is part of your global marketplaces. For anyone that is currently an Amazon seller, you could just log in, add a new marketplace and you'll find the Middle East, and you'll find three countries under the Middle East KSA UAE and Egypt. You will not, unlike North America. You'll not be automatically, automatically. You know not. All three markets are gonna be automatically. You're not gonna be enrolled in them. You're gonna have to enroll in them separately.
Bradley Sutton:
Okay, interesting interest. All right now. I think as far as helium 10 is concerned, it's it's tied to one of them, if it's its own region or tied to another place.
Krystel:
I'm not a hundred percent sure you guys are tight counts, like when you're.
Bradley Sutton:
Yes, oh tight to Europe. Okay that's important for some customers like, or anybody who uses software like helium 10, everybody does it the same way. Like they count, like how many Marketplaces you're in, not necessarily by each marketplace, but by the token. So so like, for example, a certain level of helium 10, if it says you're allowed to connect to Tokens, it doesn't mean just like two marketplaces like US and Canada, that actually still counts for one, even Mexico and Brazil, and then if you're in Europe, that actually counts for two. So I think what you're saying is like, hey, if you, if you are selling in Europe, or whether you're not selling in Europe, it counts as all, as just one token. So you don't have to like, get another helium 10 account, guys you know, to be able to to access our tools for the UAE marketplace. Now, what, how's it been? You know UAE is now, you know, been there for a few years Amazon UAE. Is that the number one grossing marketplace from the ones that that you mentioned? Or Saudi Arabia, come up, or what would you say?
Krystel:
So let me give you some numbers which are quite interesting. I'm looking at my phone cuz I have, like these slide See, these pictures of us in the actual event, so that I just mentioned. So If you forget all of the stats coming out of the region, you'll find that you know the numbers are really promising. Just to just as a backstory as well, the region isn't that big. Population wise, like the whole of the Middle East, is probably the same population of just the US alone, so this is not a very big market. So these numbers, which you might not consider very big if you guys sell in the US, but based on the population, it's quite.
Krystel:
It's quite interesting seeing that Two of the strongest countries when it comes to e-commerce are really just the UAE and Saudi, because they have also the biggest population. But what's estimated to Sales and e-commerce are estimated to reach about 56 billion US dollars in 2025, which is a really good growth and a really big spike. Very interesting, but that's e-commerce sales in general. Now, amazon in the recent year. What they shared during the event was what they saw in 2023 was a 69% sales growth on Amazon UAE and a 65% sales growth on Amazon KSA, which is quite interesting the reason why I think KSA is Picking up.
Bradley Sutton:
I know what it means, but just let everybody know what you're referring to with KSA.
Krystel:
Oh, kingdom of Saudi Arabia, sorry. Yes, so it's Saudi Arabia. So the official, the official or the shorter version of saying Kingdom of Saudi Arabia or Saudi Arabia.
Bradley Sutton:
Yeah, I knew that, but, like you know, I think there's a popular youtuber with that name, so, like some, some people might have got a little bit confused, but yeah just make sure, we're all on the same page, but that's.
Krystel:
KSA. But yeah, you're right, You're right.
Bradley Sutton:
There you go, okay.
Krystel:
You're right. You're right, so it, so the sales growth, is quite significant. It's simply because Saudi Arabia started a little bit later than UAE Amazon wise, that's what I mean started. So Amazon launched in 2019 In the UAE and then at the end of 2020, early 2021, which is obviously not wasn't an easy time they launched in Saudi. So that's why, plus Saudi, Saudi Arabia, or KSA, is Bigger, like it has three times the population of UAE. So I think it's natural to see those growth. Another number that I think would be interesting to share is something that they call the new to brand, which is very much a Salesy type of platform type of metric that they follow. Will would would life to dissect it with you a little bit further, Bradley, but what they said was the UAE is experiencing about 38% increase in new to brand customer growth and Saudi Arabia is experiencing 67% in new to brand customer growth.
Bradley Sutton:
Interesting, interesting. So that's you know some promising, promising numbers. Yeah, um, there now, uh, there's every. You know, for somebody who's not familiar with the region, uh, and the operations there, is it very similar with how amazon operates everywhere else? You know like most customers will be able to get, you know, same day or one or two day delivery, and, and you know there's different. There's FBA warehouses all over the place and, and just like the, the, the system is exactly the same. Um, or are there some intricacies due to local laws or or the region?
Krystel:
That's a really good question. Actually, they are exactly the same and I have another number to share with you, if I can find it. Um, it's based on what amazon is trying, how amazon is trying to expand in the region, what they're trying to do and this is according to amazon's metrics, not to mine, okay, not my metrics uh, what they're what they've done is when it comes to storage. So let's, let's dissect the storage part of of your question. Yes, all fba, everything's there. Same day delivery, um, next day delivery, probably not two day delivery, even Quite quite good fulfillment centers and quite good uh logistic support. Uh, when asked, uh, a lot of customers say the reason why they like buying from amazon is primarily because of convenience and not because of price. So that's something to to be aware of. It's not a very price sensitive market, but obviously everybody likes to get a bargain. You know, um, amazon currently is it's increasing its capacity in the UAE by about 70%. So they do have about five fulfillment centers and they're opening up mega fulfillment centers in the UAE. I think they're positioning the UAE in particular to be the hub for the rest of the Middle East. Um, they obviously also do have uh lots of storage warehouses in Saudi Arabia. I don't have numbers for that. And what they're looking is they're looking to showcase and to, but they call it showcase, but obviously they want to onboard new sellers. They want to reach a hundred thousand sellers by 2026, all focused on SMEs and not necessarily large brands and retailers. So that's cool, okay.
Bradley Sutton:
All right. Now, you know, like, when you look on the amazon website and look up like, or Google like, amazon middle east, it mentions the two marketplaces we've been, we've been talking about um, which is, uh, you know, UAE and and KSA. Now what I don't see you know, their advertise at least is is amazon Egypt. But it but it mentions they like amazon Egypt was also something taken over from a Sukh website, like, like, is it fulfilled from amazon UAE? Is it completely separate or what's going on in Egypt?
Krystel:
You know, Egypt is one of the most interesting markets for me uh population wise. It has a hundred million people, so it is technically one of the biggest countries uh in the Middle East Um and it's a very promising market Uh. However, based on the logistics and how difficult it is for uh foreigners and foreign sellers to be able to import export products into uh Egypt, what amazon have done is they've just open, operating it as a local amazon market, meaning they're really focused on supporting uh manufacturers and sellers in the region sell on amazon as an additional sales channel and it's not really opened up to um to foreign sellers or to international sellers.
Bradley Sutton:
Interesting Okay.
Krystel:
Yeah.
Bradley Sutton:
So then, if I am a foreigner international seller, would you suggest, uh, I go at the same time in UAE and KSA, or is one a better starting point uh than the other?
Krystel:
That's a really good question. We get a lot of people reaching out to us for support, especially brands that want to, you know, really come into the market. Um, they're potentially already have feelers in the market. They know their product might work well. So we always tend to suggest that you get started in one market, which is probably the UAE. It is the most easiest market for you as an international seller to get into, launch your products in the UAE and then sell on amazon and KSA. What do I mean by that? So amazon did recently release a program which we are a part of and we support all sellers with that program called AE2SA, which basically means they want to support sellers.
Krystel:
Uh, try to expand from the UAE to KSA with support with things like logistics, shipment, product registration and also being able to immediately open your global account from UAE to Saudi. The reason for this is because the laws and regulations in Saudi are quite difficult when it comes to importing products, in particular, as opposed to the UAE. Um, I think the country is definitely making a lot of changes. I'm sure you guys have heard a lot of things that are happening nowadays in Saudi, so it's a really, really interesting country. But still, when it comes to business, there's still this problem. Amazon really recognized this and they saw that um SMEs, which are the majority of amazon sellers, aren't able to easily logistically get into Saudi, and that's why they thought the easiest way would be to just help and support them get from UAE over to Saudi with the help and support of Amazon.
Bradley Sutton:
Okay, now, uh, I know UAE is in mainly English marketplace as far as the language that you make your listings in. What about, uh, KSA? Is it also English?
Krystel:
Um, honestly. Honestly speaking, let's talk about the actual consumer first. Yes, amazon in the UAE is like you said, Bradley, because you have a lot of insights here. Uh, yes, primarily English. You do all of your cataloging in English. However, in UAE they did actually have to change the backend, the Amazon seller central, to be also in Arabic, because primarily, the main language spoken in well, the language in the region is Arabic, of course, but the UAE has about 80, or maybe a little bit more than 80% expats all English speaking, so the market itself is very heavy in English, whereas in Saudi Arabia it's it's the national, the actual language of the country, which is primarily Arabic.
Bradley Sutton:
So you can list your, so then you need to create your listings in Arabic for for KSA, as opposed to English.
Krystel:
You can. You have the option of creating it in both English and Arabic. You have the option of creating it in Arabic and getting Amazon to translate it to you in English Sorry, yeah, and getting Amazon to translate it in Arabic if you want to or you can log in and tweak the Arabic content as well. In the UAE we don't have that option, so we catalog all of our listings in English and the website automatically just translates the language into Arabic. We can't, we don't have any input as to if there's anything wrong with the, with the wording.
Bradley Sutton:
Got it, got it Okay, so not a lot of work for translation companies here in the region.
Krystel:
So it's going to be quite easy for you guys to be able to list your products for sure.
Bradley Sutton:
How about one success story each? You don't have to, you don't have to mention names or exact numbers, but one success story each from somebody that you know having success in UAE from outside of the country. You know could be somebody from Europe, somebody from North America who you know, maybe one of your clients, or just somebody in your network who said, hey, let's try UAE, and then they were here and now they're here, and then also somebody living in in UAE. Like I know, we had a one of somebody from your network last year on the podcast. I think he was originally from Serbia, if I'm not mistaken, but another kind of like success, or just to give people like an idea of like what the potential is of, you know, showing examples of real people.
Krystel:
Of course, I'm going to give you two examples of actual clients that we've worked with. Being an Amazon service provider, we work with a lot of key accounts from Amazon, so they send us a lot of great accounts that we can help, especially when it comes to strategies, which is what we love to do. What we see in the region here is that especially you know the numbers that I told you about earlier new to brand numbers. Those are primarily because larger brands in the Middle East, such as the recognized brands that you guys know and love, that we all buy, like Apple, samsung those types of brands don't really take Amazon seriously in the region. It's just just another sales channel for them. So that's why I think really savvy entrepreneurs are able to just come in soup in, and if you know how to sell to the Amazon customer these days because you know, you really know how to sell, you really need to know how to sell in this market then you'll you're able to pick up where these brands have left off.
Krystel:
We recently actually started working with Prada Prada sunglasses. We don't work directly with the Prada company, we work with the distributor of Prada right here in the UAE and they are a prime example of a retailer that was just. You know, they just have their products on Amazon because they need to. They don't have their team is amazing, but their team has no knowledge of Amazon. They're just an e-commerce like a couple of e-commerce people. They know a little bit about websites, they know a little bit about that, but they don't know a lot about the interest cases on Amazon. And because we made a lot of the changes to their listings, we were able to understand who their key client was. And, mind you, prada sunglasses are not cheap, of course. You know that. So we were able to actually increase their sales during definitely during Black Friday, without doing like a crazy discount, but we focused a lot on some of the viral Prada sunglasses that were, you know, viral now on TikTok. We were able to increase their sales by about 500%, and that's just during Black Friday. So the key takeaway of this story is to understand that sales are there, customers are there, but it's also very important to understand how the customer operates on Amazon, how they like to purchase products, what are their buyer personas and how to talk to those buyers. And still large brands like Prada still need to do the same thing.
Krystel:
Another story would be one of our brands that we recently well as of three or four months ago we started working with. They are a dog treat company. They sell natural dog treats. Based out of Poland, they are one of the largest they're really really popular brand on Amazon in Europe. We help them from start to finish, enter into Amazon in the UAE. It was quite difficult because they sell natural, raw dog treats for them to enter into KSA, so what we did was support them. You know, to get these products into the UAE is not really that complicated If I were to compare it to any other country. They do require registration. Things like makeup, things like supplements. Of course, these products do require registration, but the registration is quite simple. It takes about 15 days. It's very inexpensive to do, very easy to get done. So we did that. We launched the products. The pet industry here in the region is booming since 2020. Everybody now has pets. You see pets everywhere, but obviously pet stores sell the same exact products because it's the same distributors. So customers who are looking for things that are different, looking for things that are unique whether that be pet accessories or food or anything like that opt to search for them on marketplaces like Amazon, and that's where this company was able to, you know, really come into the region and be able to take a huge market share on Amazon, and now, from Amazon UAE, they've also launched NKSA through the program that we just discussed.
Bradley Sutton:
Are there other kinds of of selling that are having success in KSA and UAE, for example? Obviously we mainly talk about private label here, but there's people who do wholesale arbitrage. I'm not even sure if KDP is a thing over there, but our other forms of selling like maybe entry points for people or pretty much the way to go is private label in those marketplaces.
Krystel:
That's a great question. Thank you so much for bringing that up. I mainly work with private label. That's why I always have the private label lens on. I love private label as well, but, yes, for sure, other selling models, and obviously you don't need to pigeonhole yourself. If you are doing private label, you could also do reselling as well. Kdp doesn't exist in the region. I would say retail arbitrage is quite impossible. Amazon is making it very, very difficult for sellers to just sell just products that they buy from stores. But reselling is available and, yes, we don't deal with I don't have direct relations with anyone that does reselling, but I do. Obviously, in our community meetups I do meet a lot of people that are doing reselling and they're doing quite well.
Krystel:
The only thing that you would need to think about is you would just need a larger catalog. Because of the size of the market. You're not gonna have products that are selling thousands of units per day, so you would just need to think about expanding your catalog, and that's what you need to do also for private label. You just need to think about the strategy. You need to expand your catalog so that you can generate the revenue that you're used to generating in markets like the US as an example. But yeah, reselling very popular as well. A lot of people actually go to the local markets here in because we have a lot of wholesale Chinese local markets. They pick up just generic products and they resell them and a lot of people sell branded products. They go directly to the distributors, buy products or they even buy them from. Recently I met a great young lady. She started selling on Amazon. She buys all of her beauty products, everything from a distributor based in France and she sells them. She sells like very recognized brands on Amazon in the UAE and she's killing it and she just started. She's in university and she's doing really well.
Bradley Sutton:
Okay, excellent, excellent. Now something that's I think a lot of sellers might wonder is all right, this all sounds well and good. How do I get started? Well, a lot of your clients using Helium 10 to do product research and keyword research. And then what are they for KSA? Are they kind of just using like brand analytics and things, since Helium 10 is not, doesn't have the research tools yet over there.
Krystel:
You guys have left us hanging in KSA. But you are promising me, Bradley, that soon nobody knows when we're gonna have Helium 10. Not, promising. Not promising.
Bradley Sutton:
But hey, what I can promise is that if the demand is there, we'll make it. So, like if somebody's listening on the show or some of your network want to make sure that Helium 10 opens up for KSA, you guys need to, like, make your voices heard and send customer service messages to say, hey, please, we need these tools for KSA.
Krystel:
I think that's what everyone did for UAE. I think your customer service team was like help. So, yeah, happy to do it in KSA as well. Let's go. The population is bigger, so I'm sure you're gonna get three times the amount of requests. So, yeah, exactly, we, almost everyone because Helium 10 is a really popular tool. You guys are doing great and we love it as well. Helium 10 is primarily the tool that people use in UAE. Unfortunately, there are no tools currently for KSA. For us, yes, we use brand analytics and such, but unfortunately for new sellers, they try to piece together any type of information that they can find. They maybe use Helium 10 for UAE and try to. They're very similar markets, very, very similar type of customers. So, yeah, they just try to make do with what they have.
Bradley Sutton:
What for a foreign entity? What are the requirements? What is Amazon asking to set up the account? Like, if I'm a UK business, can I just use my UK corporation? If I have a USA LLC or I'm a private individual, do I just register that? Do I have to have like importer of record, like Japan has? What are the obstacles that I need to think of before going ahead and getting started over there?
Krystel:
Really cool. Obviously, like any region, I know I'm painting it as very positive, but I look at it as a great region. Of course, but of course, just like any endeavor you guys want to do, you need to research it. Expansion is great, growth is great, but growth comes with risk and being uncomfortable. So if you're happy with that, go ahead and do it. I think and I did say that with you on the earlier, maybe the first ever podcast, I think Amazon UAE is one of, or the Middle Eastern general is probably one of the easiest markets that Amazon have for you to set up as a seller. Absolutely yes. You can get started with your LTD if you're a UK based seller. You can get started with your LLC if you are a US based seller. Absolutely no problem at all, and you can also register a company here in the UAE, avoid paying taxes if you like, and set up on Amazon in the UAE as well. But it is very, very simple. You just need a business license. You can even open a professional account without a business license. You can just use your ID. You just either need your business license and a copy of your ID or you need your ID and a bank statement Very simple and you'll get it done. It's a very simple process to open an account, for sure.
Bradley Sutton:
PPC costs usually in, I mean, I think in America now people are like, oh my goodness, ppc is so expensive. But in my experience I've seen some of the other newer marketplaces it's usually lower. So is that your experience, comparing it to like US and Europe, where the per click fees in UAE and KSA are a lot less than what somebody might be used to paying in other marketplaces?
Krystel:
I wish you didn't ask me this question. That's the only negative thing. No, ppc is actually quite expensive here, which is very, very odd. Yes, it's very interesting, very odd. However, this is where it becomes really interesting. Sponsored, brand sponsored display ads are quite expensive. However, everything that you get as a trademark or a brand registered seller on Amazon, such as video ads, banner ads, are quite inexpensive. The reason is the majority of sellers on Amazon, especially the new sellers, are not brand registered here in the market, however, so that's why that part of ads is quite Cheap, dare I say. However, standard ads are somewhat expensive per click Mixture of things. Obviously, everybody wants to advertise these days you know how Amazon is but also potentially because there are a lot of new sellers in the region. So when a new seller launches, they just want to get started, they really want to test out the product. They are willing to sacrifice that product. So they start bidding more than they need to. Guys come on. So they start bidding a little bit higher than they should, which basically gets the PPC ads to be quite expensive. Well, based on how I think they should be, but yeah, it is somewhat high. It's not a cheap place to advertise, for sure.
Bradley Sutton:
OK, all right, sticking on the potentially negative kind of things. What are the like? Is the same kind of maybe black hat things happening over there, or is it maybe less? You know, like in American marketplaces, there's a lot of maybe listing getting hijacked or a lot of fake reviews that maybe don't get policed, or people trying to do shady things, like again, since that's a smaller marketplace, is that not happening as much, you think, like some of these shady practices, or is it just as prevalent over there as it is in other marketplaces?
Krystel:
That's an interesting question, I think. When it comes to reviews, no, not that much. When it comes to hijacking, yes. But listen, I get a lot of messages on Instagram. I got a lot of like. We get a lot of calls to the office, people just asking us for help and they say, oh, my listing got hijacked. And then I discover they're not brand registered, they're just selling a standard product. And I say, well, that's not hijacking, that's just another resender. So, yes, if I were to say are there hijackers? Yes, there are, but mostly it's not actually hijackers, it's just the standard business format of Amazon.
Krystel:
But some sellers don't actually know that that's the case. When they launch on Amazon, they think they own the product. They created the listing and nobody else is allowed to set it. And some hijackers that we have discovered don't do it because of black hat tactics or anything like that. They actually resell a product because they think they're allowed to. They think that's how it works. So we normally actually just communicate directly with the seller and we say, look, you're selling this product. We haven't permitted you to sell it. We don't even have to go through Amazon brand support, like. We could just talk directly to the seller and they're willing to just remove themselves. So it's not as prevalent and it's not as tough. It's quite easy to handle, for sure.
Bradley Sutton:
OK, cool. Before we get into your strategy of the day, a couple of things. So I'll be in Dubai on January night of January 11th, 12th. So we're going to be planning Krystel something. I maybe, either. I'll probably come in too late on the 11th, so it'll probably be like a seller breakfast or something like that the morning of the 12th. So if people want to first of all, just if they want to reach out to you at all to ask follow up questions or get help with UAE, or they want to reach out to you to find out details about whatever we're going to do on the January 12th, how can they find you out there?
Krystel:
First of all, I'm really happy. You've got really great loyal listeners, me being one of them, of course, but whenever we did our very first podcast, I got so many follow up questions and it's really, really exciting to see people excited about the potential of coming into the region. Please feel free to reach out to us. You know we're happy to help you in any question that you have, even if it's just a small question. The easiest way to reach out to us is through our official website, which is wwwasasamazonsellerssocietymiddleeastorg, or you could just simply find us on Instagram, amazon Sellers Society. Dm us and we'll be able to help you with anything that you need.
Krystel:
We will be, obviously, once we decide, bradley, what we're going to have for breakfast and where we're going to have it, we will be announcing it as well. So very excited to see a lot of people come to the breakfast. A lot of Helium 10, you know, a lot of Helium 10. People from the network also now live in Dubai, especially that, as you know, in January the weather is absolutely wonderful. So I hope maybe even people will fly in, who knows? Because the region is really quite close. So if you live anywhere close, you could just hop one hour and come to the breakfast.
Bradley Sutton:
Yeah, Awesome, awesome, all right now, what is your, you know closest, with a 30 or 60 second strategy of the episode. Go ahead and hit us with one.
Krystel:
So thank you First and foremost. I always hear from new sellers, especially in the region here, that Amazon is such a saturated market. I think we've been hearing about Amazon being a saturated market probably since the beginning of Amazon. Tools like Helium 10 can definitely help you find really cool products to sell, but nowadays the Amazon customer, the e-commerce customer, is no longer just build it and they will come type of customer.
Krystel:
You really need to hone in on your sales skills. You really need to know how to build a framework for a product that customers can buy. We see it all the time. Customers come to us and they say sellers come to us and they say I'm spending so much money on ads and I'm not generating any sales. Is it a platform problem? What is it? Is it a product problem? And 99% of the time, it's because they don't know who their buyer is. They don't know how to talk to their ideal customer, so they're just listing the product and hoping for the best. Nowadays, that's not something that you can do. Make sure that you work on your strategy and you'll be super successful on platforms like Amazon or anywhere you decide to sell. And good luck.
Bradley Sutton:
Awesome. All right, Krystel. Thank you for coming back on the show and it'll be great to see you in person again. So my first event I did an event with you a couple years ago in Dubai. That was great and I look forward to seeing you in person again and wish everybody the best of success if they're expanding to Amazon Middle East. See you guys later. | |||
| #520 - Amazon Launches, SEO strategy & UGC Tips | 23 Dec 2023 | 00:32:45 | |
Ever wonder how an Amazon ranking maestro maneuvers the complex chessboard of e-commerce strategy? Alina Vlaic, the founder of AZRank and our go-to guru, returns to the show with a fresh cache of tactics for conquering Amazon's ever-changing TOS and algorithm. With a pivot towards market research and feedback-driven methods, she reveals how her business remains a tour de force in enhancing keyword relevance. Our conversation is a riveting game plan for sellers eager to sink their teeth into compliant and effective ranking strategies, tailored for those who play to win. Navigating the e-commerce seas requires a versatile captain, and in this episode, we chart the course through the distinct waters of Amazon, Walmart, and Etsy. Discover how social proof anchors Etsy's success, why Walmart's ecosystem is the new frontier to watch, and what Amazon's virtual bundles mean for your bulk sales strategy. I even share a personal tale of triumph with these virtual bundles that's revolutionized how my industrial scientific brand approaches the bulk market. This is your masterclass in adapting to the unique currents of each platform, a conversation not to be missed by merchants sailing towards profitable shores. When it comes to marketing artillery, press coverage and user-generated content (UGC) are the cannons of the day. We dissect when press really packs a punch for brand awareness and the shift towards a cost-per-click payment model. Then, we turn the spotlight on UGC, contrasting its current clout with the fading glitz of external traffic channels. To cap off, I let you in on a strategic secret using Amazon's Opportunity Explorer to sharpen your PPC and ranking initiatives. For visionaries ready to unleash the power of authenticity and innovation in their online presence, this episode is your treasure map to success.
In episode 520 of the Serious Sellers Podcast, Bradley and Alina discuss:
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Bradley Sutton:
Today we got Alina back on the show, and she’s gonna talk about what is working with Amazon and Walmart ranking strategies, as well as some cool Amazon virtual bundle that I didn’t even know about. How cool is that? Pretty cool, I think. Did you know that just because you have a keyword in your listing, that does not mean that you are automatically guaranteed to be searchable or, as we say, indexed for that keyword? Well, how can you know what you are indexed for and not? You can actually use Helium 10's Index Checker to check any keywords you want. For more information, go to h10.me/indexchecker. Hello everybody and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And we're going to the other part of the world. I believe she's in Romania right now. We've got Alina back on the show here, and what city I'm trying to remember? What city in Romania are you at?
Alina:
Sibiu
Bradley Sutton:
How far away is that from the Dracula castle that I've always wanted to visit?
Alina:
Very close, like 100 kilometers.
Bradley Sutton:
Okay, all right. So, yeah, all right if we visit your family over there. I know we've hung out in Turkey, another place in around the world, but not in your home country, so I definitely want to visit over there. Now, guys, if you want to get her full backstory we're not going to go too much into it today because she's been on the podcast before, make sure to go to episodes. 122 was one of them, and also 267, and then most recently she was on in 406. All right, so this is now her fourth time on the podcast. Each time she's expanded what she's done, and you might know her from AZRank, which I've talked about a plethora of times. I've always joked with her that I wish I had some kind of contract where I get $10 every time I mention it. I might not be working at Helium 10 anymore. I'd be so rich. But hey, I mentioned things that I organically use, and no, you know, Alina doesn't pay me to, I'm not an affiliate, but I naturally will recommend services and things that I use and that I trust, and that's definitely AZRank.
Bradley Sutton:
Throughout the years has changed because of Amazon differences, and then last year we talked a little bit about one of our newer companies called Press X, and so let's just first talk about what people know you for what's going on in the AZRank world these days. Like somebody might think that, oh, AZRank must be completely out of business because now there's no search, find, buy and stuff. But you know, you guys are obviously still doing things that are above board. It's not, it's not, it's kind of on purpose. I'm wearing a gray hat, I'm not wearing a black hat, not a white hat, but it might be some gray here, but no, but anyways, update us on what's been going on the last year on the AZRanks.
Alina:
Yes, First of all, hello everybody and thank you so much for having me again. It's a pleasure, always a pleasure. It's been a very interesting year, a very dynamic year all around, I feel. I mean, from all the five and a half years I've been in the industry, it's been the most dynamic year from all points of view in the Amazon and e-commerce world. Yes, we're still alive and breathing in our ranking business. Things are working still very well In terms of TOS compliance, because I know everybody has this question on their lips. I feel like and I know we've talked a lot before about this everybody has its own, their own, risk tolerance about how the Amazon TOS is interpreted. You've known me for a bunch of years now and we've always tried to be TOS compliant or as much as TOS compliant as possible, because even back in the days, people have always been debating about even the search find buys were they compliant or not. So it's pretty much the same thing right now. We have pivoted and we have changed our way of doing things. We're mostly focused on market research and we have combined that with some surveys and with some feedback that people give you back while you're still ranking for keywords. And from my point of view. Now it's been like two years since Amazon has changed completely the TOS and I strongly can admit that the way we're doing things right now it's working much better because you're going on a broader experience with everything that means ranking and that helps you basically be more relevant in the algorithm point of view.
Alina:
So, yes, working, still doing it. We have a lot of, you know, tweaks and tricks and different strategies depending on. Depending first of all on the product, second of all on the marketplace, because Amazon is one thing, Walmart is another thing, Esty is another thing, and so on and so forth.
Bradley Sutton:
Okay, now what about on? You know you're talking mainly about Amazon, but did refer a little bit to, like Walmart and Etsy. Still the same old school stuff. Working on platforms like that, as far as you know, like, like you know, potentially search, find, buy, which is not against Walmart's service, and then on Etsy is something similar, is what's working for ranking.
Alina:
These days, etsy is pretty much in the same place you need to. On Etsy, we don't have too many tools yet. It's still the E rank that we're mainly getting the info from and the organic search that you're doing and finding your ranking. But at the same time, what we've seen lately I mean not lately, like lately in the past year or so, a year and a half on Etsy is that you need to have some social proof, like you said, you need to have some reviews, you need to have some, some people talking about you posting some real, real life photos of your product, because you know, etsy is all about visual. So Etsy, that's pretty much it. And on Walmart is very dynamic, it's extremely dynamic lately. They're changing so much and, yes, search, find, buy is not against terms of service you can do those. Add to cart are not against thermal service you can do those. And there are a bunch of strategies that we were working on right now and we're doing a bunch of tests to see which way to better go on specific situations. But it's going really well and I feel like Walmart is going in the right direction.
Bradley Sutton:
Finally, Now, going back to the Amazon, you know, like you know you're kind of like me in the sense that you like, you like experimenting and different things and you've had different theories. You've tested. Sometimes they work, sometimes they don't. But you know, I know you've talked about experimenting with the questions and answers and potentially finding the scene you can find the secret sauce of if Amazon posts. You know influence, you know algorithms and stuff. But what can you tell me like in the last year or so, like even ones that failed, because you know if you tried it, I'm sure somebody else probably had the idea that maybe it would work. So what are some experiments that worked out well? Some things that are like Nope, can't really influence, you know, can't really help this ranking at all. What are some stuff you've been doing?
Alina:
So a lot of stuff, but what? I can tell you something? That it didn't work and it's related to my latest episode of the last year, one in December, when I was very sure that I am very close to discovering the secret for Amazon posts. Unfortunately, something happened and I think in the algorithm at one point it just didn't work anymore. If you're already doing the Amazon post, go on and do them. If you don't do them at all, maybe it would be a good idea to have that content out there and more visibility for your brand, but not in the terms of doing them just for ranking. I couldn't find the secret sauce yet. Hopefully it's still going to be out there. What I found to be working, and working real well, is something about virtual bundles. I know we've talked about that a lot lately in the past. So virtual bundles before pretty recently I couldn't say exactly when, but before recently you couldn't shuffle the quantity of the same product within a virtual bundle.
Bradley Sutton:
So then yeah, because I know, let's say, I've got a coffin shelf and a coffin bath rug I could make a virtual bundle, and it's one each. But now you are ready. Now are you saying that I could do a virtual bundle with 10 each, or I can do a virtual bundle with 10 of one and one of another.
Alina:
Both. Now you could also make a virtual bundle out of two coffin shelves only.
Bradley Sutton:
Of the same ASIN. I really Well, since when I haven't even been. You see, that's what happens. That sometimes boggles my mind. You know, like Amazon, obviously we were just talking about how I had to delay you because I was on the, I was doing the weekly buzz and you know I Amazon announces so many things and a lot of it is just like little tiny things, but that seems like it would be a pretty significant announcement or a change, and I never saw that announced. Anyway, were you just like playing around with it? And that's how you?
Alina:
discovered it. Here's the story. Uh, I think I told this like back two years ago in one of your podcast. So I'm selling uh, one of my brands is an industrial scientific and I'm selling some lab supplies, which usually are a pack of 10, pack of 20, pack of 100, because there's small stuff, you know. So I I saw at one point that people were buying more of the same product, right, like two units, three units five units. But since the virtual bundles were there, I couldn't do a virtual bundle with shop with the same quantity, I mean more of the same um quantity of the same product. So then I I created some FBM listings with pack of 500, you know, and combined and basically I was it's it was the same product but I was selling. I was sending the buyer five packs instead of a pack of 500. I was sending five packs of 100 because my pack of 100 was the product I was selling on Amazon. Make sense. So.
Alina:
But I did them at the end because I couldn't do them inside Amazon and I couldn't and I didn't want to do it FBA back then, because the FBA fees and all the stuff wasn't worth it. The, the package would would be too big and everything. So the, the profitability wasn't that great on the, it wasn't worth it to keep it into FBA. Let's say so. Then I did this. And then one point recently, very recently it's a matter of 10 days, two weeks maybe I discovered that that it was allowed to. I mean, amazon allows you to create virtual bundles, two of each, two of this, with one of these, three of this was one of this five of the same thing, you know, and at that point I well hold on.
Bradley Sutton:
I'm trying to, I'm trying to do it here and I can't figure out. Let me share my screen here. Let's see. All right, so well. First of all, I was able to add more products. I never did that before, like right then how, where you can only add two, before I was able to have like three here.
Alina:
You have the couple there to add more products, if you see, like on the left.
Bradley Sutton:
All right. So I'm looking here and at first I didn't see it. But right here under quantity I can now individually change this.
Alina:
That's crazy To as many as you want.
Bradley Sutton:
Yeah, like, and then now it's gonna reflect in the ASIN. That is super cool. I never. Why in the world would Amazon not make this an announcement is kind of crazy. And did you just randomly discover it? Like you were creating a virtual bundle and you're like, hey, what's this button do? And that's how you figured it out.
Alina:
It's not entirely my personal discovery. Like me, Alina, I was working with somebody from my team and all of a sudden was like he said I need to try this, I need to try this. I think I saw a plus button somewhere and then that's how it worked. But I have more on that, and this is something even more crazy. That was absolutely not possible at all until now. You can run PPC on the virtual bundles.
Bradley Sutton:
You couldn't run PPC on the virtual bundles, yeah, before I think you could only do sponsored brand ads back in the old days, right.
Alina:
Now you can do anything. He discovered this Really. Yes, my team made discover this first by mistake because he was doing some bulk uploads in the campaigns and he forgot some bundle ASINs out there and all of a sudden we had like some huge conversion on one ASIN and he said this is a virtual bundle. How on earth this one got here? But then we started looking into that and apparently it works Mostly. What I can guarantee for is it's working through bulk upload. I don't know if you can add them manually in your campaigns or with some tools that you're using for the PPC, but with the bulk upload 100% working.
Bradley Sutton:
Yeah, I don't think you can do it in the campaign manager. I'll just double check or add products to advertise.
Alina:
I would check this. If anybody has some bundles that really work, I would definitely check this because, since these changes are happening, they might allow this as well.
Bradley Sutton:
And then you've actually seen it then in the wild where you see a sponsored ad and it's showing the virtual bundle as opposed to so you like confer, wow, okay, that's pretty cool. But bulk upload, then very interesting, okay, so that's like super cool. Now what about ranking? In the old days it was mainly if you're ranking for one of the component units, like the coffin shelf. Let's say, I had a double coffin shelf bundle I could only rank. It's almost like a variation listing where you can only rank for one and you can't rank for the virtual bundle. But I swear I've seen recently where I had a placement for the virtual bundle and the individual. Are you seeing that too?
Alina:
Yes, yes, yes, yes. Now I've seen it and I've seen it a lot. I haven't run any tests for clients, but on my product, since we have a lot of this type of bundles I mean in the hundreds probably I see it a lot. So it's 100% valid for my category at least. Again, I'm not sure for all categories, but I think it's out there for everybody. If you're ranking on a keyword with your main product, you can rank on the same keyword with your virtual bundles.
Bradley Sutton:
Okay, cool, so really cool virtual bundle stuff going on. Any other hacks that you can share with us that's been working for you. These are not hacks, but another strategy or anything else.
Alina:
Relevance is still the main thing that helps you with your product launch or relaunch or ranking campaign or PPC or whatever. If you're not relevant, you cannot do anything. Basically and I know you were saying a couple of months ago about the Amazon recommended thing. Amazon recommended rank. I tested that myself and it works like a charm and it's very much valid in terms of ranking campaigns. I mean, yes, if you're having problems ranking, I double you and I say you need to check that Amazon recommended rank. Because there you have your answer and something related to keywords. I would say make sure you stay focused. I mean, of course, all of us want to rank on hundreds of keywords, on thousands of keywords, on as many keywords as possible, but for Amazon, especially when you're launching a new product, you need to be very focused on a particular set of keywords so that you can find your relevance and your ranking juice and then Amazon will start showing you on its own on some related keywords. If you have some root keywords, some good root keywords, in your title, in your bullet points, then you will have ranking on a lot of additional keywords. As I said before, try to have a logic for everything. If the common sense and if everything makes sense to you, then it will eventually make sense for the other people and for the algorithm itself.
Bradley Sutton:
What's been going on the Press X side? Last year you were doing a lot of cool work with getting a lot of traction on the Press side. Is that still a valid tactic, using Press during launch or to promote products at all?
Alina:
After one and a half years now, I can say that you should look at press and especially press acts. I mean, since we're talking about press acts, but press in general, not necessarily as a conversion tactic or a launching tactic or a ranking tactic, but it's a brand awareness, it's an appearance, it's something that people want to talk about, it's traffic. If you're looking at sales, conversions, this type of numbers, and you're planning on making a press article or getting your product featured in a magazine just for sales, then I would say, think again. And especially if we're talking about a new launch Press from what I've seen over a year, it's not necessarily for new brands. You can look at it if you're a very established brand launching new products. That's a different thing. You can very much look at it. If you have a strong Shopify website or outside Amazon and you have I mean, people know your brand and it's not just on Amazon only then, yes, you could look at that. You could also look at that, for example, if you have an extraordinary product, something that is unique, innovative, something that is very special, you can look at press too. And also an idea maybe you can look at press if you're looking at Kickstarter. I know it's very popular right now, but if you're planning a Kickstarter campaign, you can maybe consider also press to driving traffic to that Kickstarter campaign to make more money.
Alina:
So that's how press works. It's working better for some products, not that great for some other products in terms of again, in terms of ranking, in terms of sales, in terms of traffic. It's there. So it depends a lot of what your expectations are. Our model is a CPC cost base, so you only pay for the clicks you get. It's not like a retainer fee, it's not a fixed amount. If your article drives only 10 clicks, that means, for example, $20, that's all the amount you're going to pay and you're still going to get the article. And you need to consider that as the more articles you get, the more love you're going to get from Google and for all the external or outside Amazon platforms that are out there, because once the article is there, it's just there. It's there for everybody to see and click on it.
Bradley Sutton:
OK, all right. Any quick experiences of somebody it's worked out for in the last year like hey, they were doing this and then they ran a series of articles and this is what happened from it.
Alina:
We had a brand which is into the dental hygiene niche and we've had a few campaigns very successful. I mean, I remember the ROAS was six, so for $1 spent they made six, which was good. I mean, on top of the traffic and everything else, this one also made money, you know.
Bradley Sutton:
Interesting. All right, now switching gears. You seem you're kind of like me. You can't stay doing one thing. You have to have your hand in like 75 different things. So you and I are liking that. So the latest thing I heard you talking about which I purposely didn't ask you about because I wanted to kind of like find out about here I know nothing about what you're doing there is you've mentioned you're doing some things on the UGC side. So first of all, what prompted that? You know like you don't just dream. One time I actually did have a dream about a tool and it eventually became something in Cerebro, the advanced rank filter. It literally came from a dream ahead. Most people, I think, don't dream up things. There's a reason why you thought of doing UGC. So what started that? And then, what exactly are you doing in that field now?
Alina:
OK. So UGC I think it's the. You know how external traffic was two or three years ago, when everybody was talking about external traffic. That's how I feel UGC is right now. So I started this because, from the community of people that we have and that we use for our ranking campaigns which is huge at one point I thought these people can do more than that. So what do we need as Amazon sellers? What does the market need that we can help with? And so this came First. We only started with UGC because it's more than that. I have something else that even you don't know about.
Bradley Sutton:
Oh my goodness OK.
Alina:
So, ugc, I don't know what's your take on the AI. I love it. I'm a little bit afraid of it as well, but what I can say is that, as much as people love it, eventually everything is a cycle and they will turn back to real life photos, real life commercials, real life billboards. I've seen this happen in Europe, at least Romania, and also other places in Europe. There are billboards with burger photos or commercials saying this photo was taken using a phone and they're showing real people. Those brands could afford an AI and they probably are using AI in different other type of places. I've done some research lately and I found some really interesting data.
Alina:
For example, brands huge brands that are running Google ads, and they compared not necessarily on AI, let's say a professional studio photo which is a wide background, blah, blah, blah, everything with a photo taken with a phone, a little bit of editing, but nothing serious, and they ran Google ads on it. Guess what? The CPC was 60% lower on the UGC one. The user generated a photo and the conversion was 38% higher on the same photo. So that's how we started. I think that's where we're going to go.
Alina:
It's a lot of stuff that you can do with your UGC. We do photos and videos, especially videos that we recommend people using, filling Amazon with content on their listings. In places where it's still free, For example Q&A, you can answer every question with a video and every event I go to and I speak when I ask this question, I get a maximum of five people in the room raising their hands. Who uses this? Almost nobody's still nobody's using this, and it's a free place on Amazon where you can post content. And then there's videos about your product line, right, or it used to be called related videos, I think.
Bradley Sutton:
I have brand.
Alina:
I have eight and nine figure brands I work with. They do not launch a product without at least three to five videos filled in that section, because if you don't put them yourself, then your competitors will come and they will tag your ASIN into one of their listings and then their video is going to show on yours. So when I want to buy your product and I scroll down your listing, I'm going to find theirs and maybe, I don't know, maybe it has a thumbnail that attracts me, and then I'm going to click on that and I'm going to go buy that instead of yours and then all that content, for example, all the UGC we do. If you want to, we can post on TikTok Just like that. Not on influencer accounts we don't work with yet we don't have those type, but we're working on creating a few influencer accounts from our people, but we're posting it there. As I said, you never know what happens on TikTok. We use hashtags. Everything can be there, and this is something that you don't necessarily have to come to us to do it.
Alina:
You can do it yourself in the beginning. You can do your own Q&A videos. You can do your own unboxing or whatever More explanations you want to do about your product and post in your Amazon listing, and then you just go post it on TikTok. It just has to be there. And then, of course, as I said, you can use it on Google Ads. You can do a bunch of things with it. One of the things I do believe it's very important nowadays is that we have so many tools, including AI, because sometimes you can combine these two. You can combine UGC and AI and have something amazing without going to a professional photo studio. I'm not saying that they are bad. They have their own thing. Which they do is great and necessary, but for some things you don't need to go to a professional studio to do it and pay an arm and a leg. Most of the time you can just do this. I hope I didn't ramble too much about this.
Bradley Sutton:
Cool. Now, before we get into your tip of the week, which you even prepared, so that means it must be a good one here is can you just let us know how people can contact you for any of these 75 different things that we've been talking about today? How can they find you on the interwebs?
Alina:
So if they search for my name, which is Alina, like vlaic on pretty much everywhere, they can find me and message me in person. Or I'm going to just say one website which is azrank.com Contact form, or my email is alina@azrank.com. Feel free to contact me with every I don't know, critique, feedback, idea. I'm always trying to reply to everybody as fast as possible.
Bradley Sutton:
Awesome. All right, what's your strategy of the week?
Alina:
A lot of people ignore opportunity explorer section in the seller central. I know all of us love the search query reports and everything that's. It's out there, right. But when you're launching a new product, you don't have that data, unless you use one of my older strategies that you can have. You can have the data, but I'm not going to go into that. When you launch a new product, you don't have that data right. So you should go into opportunity explorer, because Amazon gives you a list of keywords, right. First of all, you need to identify your niche and your perfect list of keywords, because maybe your product will be in several niches, so you need to go there and find all the keywords that are relevant to your product and those should be your focus keywords for your listing and for your PPC and for your ranking campaign. Because if that data comes from Amazon and it's basically given to you for free, if you use it, I'm pretty sure you have much better chances of success to become relevant in Amazon's eyes, rather than I don't know doing your own keyword research and focusing on 3,000 keywords at the same time and spending a lot of money.
Bradley Sutton:
Yeah.
Alina:
And again, that's valid. That starts with your listing and then your PPC and whatever other ranking strategies you may use. So something else that is maybe a little bit for advanced sellers, but I found it very interesting. I spoke about this at the last Billion Dollar Seller Summit. If you've mentioned Kevin King, it's something called mirakl.com. It's Mirakl, but mirakl.com. It's a dashboard that helps you expand your brand on thousands not thousands, hundreds of marketplaces all over the world with a click of a button. What does that mean is, basically, they create you an account, you have a dashboard, you list your catalog there and they will take care of everything else. You just need to fulfill. You can connect it with your Shopify for now, but they can get you into I don't know, into Best Buy, into Target, into marketplaces that are very difficult to get in otherwise. Just give it a try and I know a lot of people will find it interesting.
Bradley Sutton:
Awesome, awesome, all right, well, Alina, thank you so much for joining us today. Very few people make it to four episodes on the podcast that means that you're a popular guest. So you've made it, and I'm sure you'll be one of the ones to make it to five. So we'll reach out to you at the end of next year perhaps, and see what's going on with you In the meantime. I look forward to seeing you, hopefully at one of these upcoming conferences. And yeah, thank you so much for joining us and we'll see you soon.
Alina:
Thank you. Thank you, see you soon. Bye. | |||
| Helium 10 Buzz 12/21/23: Amazon Minimum Inventory Level | Shoppable A+ Content | New Brand Analytics Tool | 21 Dec 2023 | 00:17:58 | |
Curious about how the latest Amazon innovations could reshape your selling experience? Let’s see what’s buzzing in the tech giant and Helium 10’s newest features that are stirring the E-commerce pot! We’re back with another episode of the Weekly Buzz with Helium 10’s Brand Evangelist, Shivali Patel. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. We're dishing out the details on Amazon's revolutionary Fit Insights tool and the game-changing low inventory level fee, set to shake up the way apparel and shoe vendors approach their trade. Experience firsthand how Amazon's shoppable A+ content module is making waves with its compelling conversion rates, and join us in tipping our hats to TikTok's staggering $10 billion consumer spending landmark, a true testament to the app's growing prowess in the digital realm. As we navigate the ebb and flow of online retail, we're also spotlighting Amazon's translation feature for sponsored ads, now making waves across North America and Europe. And for a quirky twist, don't miss our take on California's recent ban on donkey skin gelatin sales. TikTok becomes first non-game app to reach $10B in consumer spending https://techcrunch.com/2023/12/11/tiktok-becomes-first-non-game-app-to-reach-10b-in-consumer-spending/ Language translations are now available for Sponsored Display custom creatives https://advertising.amazon.com/en-us/resources/whats-new/language-translations-available-for-sponsored-display-custom-creatives/ Amazon will stop selling donkey skin gelatin, but only in California https://www.engadget.com/amazon-will-stop-selling-donkey-skin-gelatin-but-only-in-california-212555337.html We're thrilled to have Bradley with us, sharing his expert insights into the new Black Box Brand Analytics tool, a powerhouse for sellers seeking to maximize product research efficacy. This episode is brimming with strategic insights, so plug in and prepare to power up your Amazon and Walmart selling game! In this episode of the Weekly Buzz by Helium 10, Shivali covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos | |||
| #519 - Product Ranking On Walmart, Shopping Experience Survey, and Q&A | 19 Dec 2023 | 00:28:11 | |
Join us as we navigate the intricacies of ranking on Walmart and gauging customer sentiment on this platform with our special guest, Costin Vlaic, from AZRank. Listen in as Costin shares his unique e-commerce experience, shedding light on the importance of product ranking at Walmart.com and how it directly impacts sales. He also shares valuable tips on ranking, from using microworker platforms to leveraging your social circle to place orders. Further, we explore the value of Walmart Plus and Amazon Prime as essential additions to households. We discuss an interesting survey that reveals a trend of consumers comparing prices and offers on both platforms, with groceries emerging as a hot favorite on Walmart. Get the inside scoop on the potential growth of the Walmart platform and strategies sellers can use to optimize their product range and pricing. Our chat with a successful Walmart seller is sure to provide you with unique insights, from testing and patience to avoiding common mistakes. Listen in as they share their future strategies for selling on Walmart. Tune in for a comprehensive discussion on all things Walmart! In episode 519 of the Serious Sellers Podcast, Carrie and Costin discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Carrie Miller: On today's episode we have Costin Blake from AZ Rank and he's going to be talking with us about how to rank on Walmart and customer sentiment about shopping on Walmart, as well as some of the most popular categories to sell on Walmart. So this and so much more.
Bradley Sutton: Do you like to network with other Walmart sellers? Make sure to join our brand new Facebook group called Helium 10 Winning with Walmart. You can actually search for that on Facebook or you can actually go to h10.me/walmartgroup and you can directly go to that page. So make sure to join, you can tag me or Carrie for questions and ask questions of other Walmart sellers or even share your own experiences in that Facebook.
Carrie Miller: Hello everyone, welcome to another episode of the Serious Sellers podcast by Helium 10. My name is Carrie Miller and I'm going to be your host, and this is our Walmart Wednesday, where we answer all of your questions about Walmart and we bring in guests that are experts in the Walmart field. So today I'm very, very excited to bring on Costin Vlaic, and he is from AZ Rank and so I've actually worked with him and, if many of you probably know his wife, Alina, I've worked with both of them for a lot of different projects, and so I'm very excited. They've been selling on Walmart for a while, and so I'm going to go ahead and bring Costin on Welcome.
Costin: Oh hi Carrie.
Carrie Miller: Thank you for coming on and talking with us about Walmart.
Costin: It's nice for me to be to be here. I'm pretty nervous about but I hope we can bring back. We can bring some very useful information for your audience.
Carrie Miller: I think you're going to do great. All right, so let's go ahead and get into the question. So the first one I want to ask you is can you tell us a little bit about you know, your background and experience in the e-commerce space, just particularly with selling on Walmart?
Costin: So my background I'm based in Romania, so that this is the reason why it's 10 pm I'm speaking at. I'm trying to speak at 10 pm. I guess I was an early adopter of e-commerce in Romania and also an early adopter of Walmart marketplace. I liked the challenges. So this is why when they open, the marketplace is the marketplace. I applied immediately. Luckily for me, I didn't have any issues to be approved, because right now there are still people that have issues with getting approved by Walmart. I don't find any logic from Walmart to not approve big sellers on Amazon. But that's, that's life. So I like to play with the Walmart platform and I discovered things. I'm discovering things, new things every day.
Carrie Miller: Yeah, very cool, thank you, and so so I guess that kind of answers. My next question is like what would inspire you to sell products on Walmart? So I think it's you had already answered that, but do you have any kind of insights? A lot of people are asking you know, should I sell on Walmart? They're not really sure if it's a good opportunity. So Do you have any insights or like success stories from your experience in selling on Walmart?
Costin: So, first of all, because all the people are talking about brands and branding and building a brand, in my opinion, if you want to become a real brand, you need to be on more platforms or more sales channels, not just rely on Amazon, because I think most of the people that are trying to apply to Walmart are coming from Amazon. So my insight is I mean all the time. I advise especially my European friends that are selling on Amazon in Europe and they want to expand in US, because most of them have a big range of products. I encourage them to try Walmart first, not Amazon. Amazon in US it's pretty difficult than Amazon Europe Just to get their feet wet with American customers. I always said that maybe they should think to start with Walmart in US.
Carrie Miller: And so have you seen some success for many of those people selling. Do they get more familiar?
Costin: Most of the people I refer to are people that are afraid, but I know some people that they've been to our company and they are successfully on Walmart. I really think that at some point this is actually one of my personal projects for next year is just to develop a range of products just for Walmart.
Carrie Miller: Yeah, that's actually an interesting thought, because I have talked to Walmart and they said that the products that do the best are complimentary products to what's already on the Walmart marketplace. So kind of creating products that are just for Walmart, for products that are just not even on there, I think is a really good idea. So I think that's a great plan. The next question is, since you all have a company called AZ Rank and I've used you all for ranking on Amazon and Walmart and so you basically help people to rank in these different platforms, so how important is product ranking on Walmart and how does it impact the sales for sellers?
Costin: We can talk about ranking in every platform. So in every platform you are, you just need to think about the ranking. So, particularly for Walmart, I just show you that just before today I did some tests and lately I mean especially for the niches that are not so big add to cards and even some clicks. Sometimes they are working and they are working fine. So you don't just need to place orders, but at some point if you want to be on top of the page, you need also to place some orders. But just to start some add to cards and some clicks, even from your friends and family, because the TOS it's not like in Amazon. You can do.
Carrie Miller: Okay, that's a really good tidbit there, so can you maybe give a little bit more insight about what you all do, what your strategy is for ranking products on Walmart? You don't have to go into details, but how do you usually go about helping people ranking on Walmart?
Costin: It's depending on the niche. So basically we tried for some customers also the add to cards, which are pretty difficult to be made. But you can always use a micro workers platforms Even you can use even a mechanical Turk or I don't know. I think there are also other platforms for micro tasks and with a few cents you might get some clicks or some add to cards and just to see evolution. And from time to time just ask your friends just to place from in the first week one order. And it always depends on the niche. But if the niche is not very crowded you can try that and you might be successful.
Carrie Miller: What kind of keywords do you recommend focusing on when you're trying to rank? Do you think that Long tail keywords are good, or what do you think about the types of keywords you focus on for Walmart?
Costin: Well for Walmart. I don't believe in long tails, I just believe in pretty broad keywords. I mean, of course they need to be specific to your products but not to be long tail keywords. You should try always the search bar recommended what Walmart is recommending in the search bar. I found them very useful and not focusing, like in Amazon, on a bunch of keywords. Just take two or three in the beginning, the most important ones, and focus on them in the beginning and if you are ranked well, you can develop this strategy with other keywords.
Carrie Miller: Yeah, and just for anyone who doesn't know, that we actually do have two keyword research tools for Walmart. We have Magnet and Cerebro. So you can do a lot of really great keyword research for Walmart on those tools through Helium 10. Okay, so we talked a bit earlier and you mentioned that you conducted a survey with over 300 people about their shopping experiences on Walmart. So what were the main objectives of the survey and what kinds of things did you discover?
Costin: First of all, I'd be very curious to apply the same survey next year and see the changes. Maybe we can share these results of the survey on the chat. So we always share our opinions about Walmart, but I think it's better all the time to return to the people, the people in our community, and ask them what they think about Walmart. So I found it very nice that I mean very encouraging for the ones that are starting a business on Walmart Just to see that, for example, 50% of them have Walmart plus, even if they have Amazon Prime. So they consider a very good add-on to their household to have Walmart plus and Amazon Prime. So that's a very interesting information. Also, I found out that a lot of people are checking both Amazon and Walmart for the prices and a lot of people are following the offers and the prices.
Costin: We found out also that the main categories they are buying in Walmart are groceries. Most of the people said that groceries in Walmart it's much better than Amazon Fresh Groceries. It's a category that's much better than Amazon Fresh. Other categories where people are shopping in Walmart are toys, electronics, things like that, but all those categories are in that survey. I wanted to make the people to write with their own words instead of just checking some boxes. And also I think the results are very interesting. So, for example, around 30% of the people said that they have some products that are buying only one Walmart, not in Amazon, things like that. I guess these are useful information for the ones that are trying to build a range of products in Walmart, because they have also a direction with some categories. And also, in my opinion, after seeing the results of this survey, I believe that this is a platform that will grow in the next future.
Carrie Miller: I think that there's a lot more exposure to Walmartcom, especially because they also have this advertising where you can basically do Google ads through the Walmart platform and your stuff will show up in Google shopping, so you can see a lot more exposure of your products there. When you're searching for anything on Google, you'll see Walmart pop up pretty quickly, so there's a lot more exposure there. Also, I noticed for Walmart Plus, a lot of credit cards are giving free Walmart Plus access. So if you use the credit card to pay for Walmart Plus, then the credit card company reimburses you. Like American Express Platinum is one of them. There's a few other cards that I've seen where they literally give you a free Walmart Plus membership. So Walmart's doing a really good job of kind of giving people incentive to start shopping on Walmart too. So I think that's very interesting that people are intending on getting Walmart Plus or they already have it. So very, very good insights.
Costin: Yes, I'm not living in US, so I don't know all those information, so I was just preparing to say that I mean, I don't know if Walmart has a one year subscription like Amazon has. I think it would be a good way to attract people to their platform and also it's very good for Walmart. I mean this is a plus Walmart has, that they can pick some goods in stores.
Carrie Miller: Yeah, definitely. Was there anything on that survey that you found that you weren't expecting? That you thought was not something you thought people would say on the survey, or was everything kind of what you were thinking?
Costin: I was very surprised that a lot of people that are buying usually on Amazon, are checking also the Walmart platform. So I mean I was really surprised.
Carrie Miller: Yeah, I think that's pretty surprising too. I think it's definitely growing, because I think probably a year or two ago it wasn't the same. So that is very, very interesting.
Costin: This is why I'm very curious what it will happen with this survey next year to see the trend.
Carrie Miller: Is there any kind of strategy that you think, based on what the survey revealed, like, what kinds of things do you think sellers should focus on, based on what you found in that survey?
Costin: We all knew that Amazon, that Walmart, likes pretty cheap products. So if they want to move their brand from Amazon to expand to Walmart, I think they should create a few products that are cheaper than in Amazon and just to sell on Walmart and also on the other platforms, but just not to have them in Amazon. I think this is number one. If they are starting right now an e-commerce business and the brand, they should focus on the category, the order, on specific categories. First of all, of course, they can see in the survey what people answered and also they can check where Walmart is not selling many products, because if they are selling products, it's pretty difficult to rank there.
Carrie Miller: Yeah, I know there's a lot of brands that do a different brand. That's a cheaper brand, and I've noticed big brands in Walmart when I've actually gone into the store. I see Ralph Lauren, like Ralph Polo Lauren. I saw BCBG and a few other really bigger brands that I would have never thought would have been there and they're basically the cheaper version of what they already sell. So it's kind of I think that's a really good strategy and I do know some other sellers who have maybe some products on Amazon, but they do the little cheaper version. They kind of rebranded a little bit for Walmart and they've done well that way. So that's really good on that.
Costin: Exactly. I mean, in this moment we have three or four products we are selling on only one, walmart. Two of them we used to sell on Amazon but the cost of advertising was very high, so we moved them to Walmart. We sell pretty decent quantities but actually we get some profit in Amazon. We just selling but no profit.
Carrie Miller: That's a challenge one. I did see a question in here that somebody asked. Jeremy asked how do you initiate the Google exposure through Walmart? So the way to do this is what you're going to do is you're going to go to your growth opportunities tab once you log into Walmart's seller center and then it's a tab that's called SEM. So SEM is where you can create these Google campaigns. So it's not through Connect, it's actually on the Walmart seller center part. So growth opportunities and then SEM, so that's where you find those. That's a really good question, because it's kind of some of these things are hidden and you kind of some days, oh, you go in there and you see some new things that pop up. So it's kind of interesting that way.
Costin: By the way, also in growth opportunity. You can see the performance of your products. Of course it's not like very detailed like in Amazon, but, like I said before, just to follow a strategy for ranking, you can see if you really have exposure. You know clicks on your products. First of all, I think you need to start with some clicks for your product. You can do it with friends and family Doesn't matter if they are doing that, if you have five friends that can do that every day for one week and see what it's happening. So it's not, I mean Walmart, it's not. I find Walmart it's not a data-driven platform like Amazon. So for the ones that are very data-driven, I think it's pretty difficult to work on Walmart. But Walmart it's more of a, let me say, instinct platform or you need to feel a little bit. You need to try.
Carrie Miller: You got to kind of play around with things a little bit more, since it's so new, you got to figure it out a little bit. Yeah, exactly, okay. Let's move on to a different topic and I'm curious to know what you think the most common challenges that you faced as a Walmart seller or that you've seen other sellers have. So what are some of the challenges you think that are on Walmart?
Costin: First of all, it's opening the account. I mean, I guess you discussed that a lot of times here, so I don't want to go into very big details. Maybe at some point you will have someone from Walmart to explain as the strategy, if there's the approval strategy of the accounts, because it is really annoying. There are people that are selling millions of dollars in Amazon and on Shopify or on the other platforms they can open an account with Walmart. So I don't understand why. So this is the first one. Second of all, I think the common mistake is copy-paste listing from Amazon. I think this is the biggest mistake everybody does Until now. I was about to say that the listing score is very important. I guess it still is because Walmart tries to take care of the catalog. But I did a test if I can rank a product just by optimizing the score in a very, very small niche. It happened.
Costin: So right now I'm tempted to say that the listing score is not so important. So maybe you can sacrifice a little bit the score just to have a listing that it's rolled for your customers and not for Walmart. The same is that in Amazon you should write listing for your customers, not for indexing. I guess this is the common mistake. The common mistake, and also the other mistake, is that sometimes people are panicking. In Walmart things are not happening very fast Like in Amazon, so you need to test a lot of things, you need to have patience. And also for the keywords if you really want to be index and rank for a keyword, you need to have it in the title.
Carrie Miller: A lot of people. When I ask them why they think they're not doing well, I ask them have they optimized their listing or have they focused on some keywords? They run ads and a lot of times people haven't they just copy pasted. So I think that that's probably a big challenge for people is they have to kind of focus on Walmart, like you said, and kind of test things out, because each category is different too. So when I have two different categories of one things that work in one category or not working as well for me in the other category, so it's kind of an interesting thing.
Costin: Yes, things are happening, happening differently in the different categories in in in Walmart.
Carrie Miller: Another question is for any anybody starting to sell on Walmart or that wants to start on Walmart. What advice do you have to give them to start selling on Walmart?
Costin: You can make really good money in Walmart by starting with a big assortment. You I mean you, you really don't need for testing out some products, you just need to buy them from a wholesaler in US. Just put it on your list, it with your own brand, different, different UPC, and just you can just test it. With 20 pieces, I mean, you can start this kind of business in one week.
Carrie Miller: Yeah, you can start. A lot of people do actually also wholesale that I've talked to you where they actually use the brand but they bundle it so like they'll bundle a bunch of different things together that they see people already buying together on Amazon and other places, so they'll just bundle those and they create their own UPC for that bundle and then there's no competition for it because other people have that bundle.
Costin: Right now Walmart, it's really allowing you to play with different brands. It's not like the same policy with Amazon, so you can play with those those brands. Yeah, if you want, or even if you are thinking to to have a private label brand, you just buy from a liquidator or from an out-sailor, just to bundling, just buy some product from anywhere else and just test it. Even if you are losing a few dollars, it's very important to test.
Carrie Miller: You can also test, you know, with AliExpress too, because you can, you know, get things in shipped and do smaller quantities. So AliExpress is a good place too. What do you, what do you think is the future of selling on Walmart, and how are you kind of planning on changing your strategies for what? What do you see as the future like? What does 2024 look like, you think, for Walmart?
Costin: Well, I think Walmart is is still flexible and you can test a lot of things, but unfortunately I see a trend that they will become like Amazon, I guess because they have a lot of employees that leave, leave, left Amazon and went to Walmart and actually I thinking they are doing the same mistakes like Amazon. I was expecting for them to listen a little bit more. The sellers, of course, every company is focused on their customers, but guess what? Also, the sellers are focused on the customers, so they at some point I think I think this will make a big difference, just to to to listen some sellers and some some needs. So the strategy for 2024, it's also from my side and from my point of view it's just testing a lot of things. A lot of things will change. Maybe the rules will be different in two months in Walmart platform, then they are. Now it is possible Because you you can see also a trend that they are changing a lot of things, but I guess, for next year at least, it's still a platform where you can test a lot. All right.
Carrie Miller: Well, I think that's pretty much. We're coming to an end here. So thank you to everyone who joined live and thank you so much, Costin, for sharing all this information with us. You you have a lot of really good, valuable tidbits on ranking for Walmart and just strategies for Walmart. So thank you so much for for joining and and answering those questions and and talking with us about those strategies. So thanks again and we'll see everyone again, I guess in the new year in 2024, for Walmart Wednesday in January. Bye, everyone, thank you very much.
Costin: Thank you very much for having me. Bye. | |||
| #518 - From $300k a Month on Amazon to Owning a Fitness Studio | 16 Dec 2023 | 00:37:23 | |
Are you looking to lead a healthy entrepreneurial lifestyle and diversify your business? Our special guest, a fitness celebrity, shares her journey from being a successful Amazon seller to becoming a wellness influencer after a tough E-commerce business setback. Her story is not just about overcoming trademark issues but also navigating a major shift in her personal brand and adapting to a new market niche. This episode indeed offers a goldmine of insights. From harnessing the power of Helium 10 Chrome extension for Amazon keyword data to branching out into drop shipping, wholesaling, and even selling audiobooks, our guest offers a wealth of knowledge. We also revisit her previous episode about her brand, Dollface, exploring the trademark drama that ensued and the valuable lessons learned. Finally, we delve into the realm of fitness, discussing the transformation of our guest's YouTube content and the decision to open her own gym. Packed with her wisdom on personal branding, niche-finding, and maintaining a balanced lifestyle, this episode is a must for both health-conscious Amazon entrepreneurs and those seeking to diversify their businesses. Tune in to learn, get inspired, and glean wisdom from our guest's entrepreneurial journey and her commitment to fitness.
In episode 518 of the Serious Sellers Podcast, Bradley and Carabella discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton. Today we've got a guest back who at one point was doing over a quarter of a million dollars per month on Amazon. That had it all taken away and now she's reinvented herself as a fitness celebrity. Out there, she has her own gym and everything and she's going to talk about her Amazon journey and she's going to give us tips and tricks on how to stay healthy as entrepreneurs. How cool is that? Pretty cool, I think. Are you browsing a Shopify, Walmart, Esty, Alibaba or Pinterest page and maybe you see a cool product that you want to get some more data on? Well, while you're on those pages, you can actually use the Helium 10 Chrome extension demand analyzer to get instant data about what's happening on Amazon for those keywords on these other websites. Or maybe you want to then follow up and get an actual supplier quote from a company on Alibaba.com in order to see if you can get this product produced. You can do that also with the Helium 10 Demand Analyzer. Both of these are part of the Helium 10 Chrome extension, which you can download for free at h10.me/extension. Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world, and we've got a serious seller. Probably this might be the record of the most time between coming on the podcast. I think the first time you came on the podcast is probably like three, maybe four years ago.
Carabella: Yeah.
Bradley Sutton. We've got Carabella here. The last time you were on the podcast, did you film it here too?
Carabella: We didn't film it here.
Bradley Sutton. But you came here for something else.
Carabella: Then I came here, for there was a conference or some sort. We were teaching something. It was an Amazon event.
Bradley Sutton. Yes, Okay, I was about to say, like you might be one of the only people have recorded in this old this is the original Helium 10 pPodcast or the second Helium 10 Podcast Studio, but we don't even, I don't even record here anymore. But okay, so this is your first podcast here, first time in a few years. All right, so if you guys want to get her like full, full backstory, her original episode was actually episode 64. Now we're like at 500 something. But anyways, let's kind of like catch up, because at that time you had your brand Dollface and then you were going through some drama back in those days because then somebody was trying to come and say, hey, this is no, this is our trademark. And I believe how we left it off was you basically had to like sell them your inventory or sell out of your product or what happened.
Carabella: Yeah, exactly. So the company was named Dollface but they were selling cosmetics. I was so new to business and online business I was very naive. My thing was I'm just going to reach out to them see if they can approve me getting my trademark, cause the USPTO, I think, who does trademarks. They were saying there's somebody else that has something similar, you can't do it. So I said I'll just reach out to them. We're not really competition. I'm doing, you know, skincare tools. They're doing skincare creams. They said no way. So then I said okay, I have all this inventory. You're already selling skincare. Why don't you just take it? They said, okay, sold it at cost. And then we went from there and then I went out of business, out of Dollface, out of Amazon completely at that time.
Bradley Sutton. Yeah, completely at that time.
Carabella: And then I started doing drop shipping, wholesaling. I started doing audio books. I still have my audio books on there. I made the uh all of these on Amazon all of these on Amazon. So I did a fitness tracker book, things like that, and I was selling those, yeah, so completely different business.
Bradley Sutton. And then that was around the time, like at that time you were kind of like a micro influencer in the beauty uh, you know, seen, because that was what your product was Right. But then you kind of like I remember that was when you first started doing like fitness videos on YouTube. Yeah, did you like make a new YouTube? Channel or you just switch your existing YouTube channel to the fitness stuff. Yeah, I switched my existing.
Carabella: YouTube channel. I completely pivoted. I just started posting workout content and all my subscribers were like what is going on? And I just took down all my skincare stuff and a lot of people unsubscribed. They were like we're here for the skincare? And I said, okay, see, you later, but I just started posting workout videos. I had a tiny little apartment and I started doing these little workout videos in the dark. Basically it looked so bad, and then, little by little, I started my community there. What, uh, what prompted that?
Bradley Sutton. Like, were you just so like, so fed up with what happened with the beauty, so like I don't want to do this, or the skincare stuff, that I don't want to do this anymore. Or you're like you know what. I think there's a need, I see a, you know, like an opportunity for me in the, in the fitness world, or how did that happen? It was kind of like a passion thing.
Carabella: I took Tai Lopez's course 67 steps and he was saying what could you do all day long and love it and talk about it? And I was getting burnt out. On the skincare thing, I was making too many videos. My skin was breaking out. I didn't even wear makeup in reality. It was just like not aligned with me. I was just selling it to sell it and it was selling. So I was focused more on money there when I said what could I really do and just do it endlessly? It was fitness. I worked out every day I ate healthy. I was just in that lifestyle and it didn't feel like work. Okay, so I just jumped in.
Bradley Sutton. All right now how you know the other Amazon stuff. You know audiobooks, drop shipping, like how did those work out for you? In the meantime was like was that the income that was sustaining you?
Carabella: in those days. So I did drop shipping and I did wholesaling and I didn't do anything for fitness. I just kind of learned how to do all this drop shipping.
Bradley Sutton. What kind of drop shipping?
Carabella: I was pulling products from Walmart and I was selling them on Amazon.
Bradley Sutton. I used to do that too Until.
Carabella: I was on sorry tracking down and it was money making baby.
Bradley Sutton. Like I think in one like November, December, I probably did like maybe $200,000 in just like one or two months. It was insane in those days.
Carabella: Yes, literally million dollars in like a few months, just in. You know that selling and it was crazy. And then slowly and I started opening more Amazon accounts. This was before they got so strict. So I had multiple selling accounts, I had multiple LLCs and I was doing all this stuff with Walmart and then I was also using Home Depot, I was using a Costco, I was using all these other places to fulfill from because Alibaba and AliExpress. It just took way too long and people on Amazon they want their orders but people started telling on me taking pictures of their Walmart bags why is this that was so ghetto.
- Bradley Sutton. Walmart was ghetto in those days. They would straight take DoorDash I think they still do it a little bit like DoorDash drivers and they would like literally leave a plastic bag of Walmart.
Carabella: And this is supposed to be an Amazon order, it's all yeah, I got busted, but I made a lot of money very quickly and it was pretty successful for a while.
Bradley Sutton. Yeah, and then how about the books? Did that do anything for you?
Carabella: Yeah, so I wrote a few. I wrote a planner, a fitness planner. It was like scan the QR code and work out for 60 days with me in a planner. So you scan the work out, you scan the QR code, you get a workout and then you do. You know, I ate this today and it's a weight loss book basically A little bit digital because the QR code. And then from there I said, okay, what about Kindle books? I took a course called publishing.com or something like this, where they teach you how to build out Kindle books and eBooks, and so I started doing that. I made a couple of those and those are still on Amazon, just listed there. I don't even look at them.
Bradley Sutton. So around what year? From when to when I'm assuming it was after we had the podcast, obviously so like 2019, you started doing the drop shipping. How long were you doing the drop shipping?
Carabella: I did the drop shipping for, I think, two years, so okay. So it was a decent amount of time. Decent amount of time, Made a lot of money, built a little team. I had a bunch of VAs, you know it was pretty successful. And then from there I was already doing the fitness recording.
Bradley Sutton. I had my YouTube channel. Yeah, I had my.
Carabella: YouTube channel and I had the drop shipping thing going on simultaneously.
Bradley Sutton. And then you said you were doing a little bit of wholesaling, like what kind of was that?
Carabella: That was like Amazon business, where I found pretty big suppliers that were selling in bulk and I would list on Amazon and then same thing like using Costco, using Sam's Club, these type of places, and I would just fulfill bulk orders at a discount.
Bradley Sutton. What do you mean by bulk? Fulfilling bulk orders?
Carabella: Like wholesale. So somebody orders like 200 units instead of one or two On Amazon.
Bradley Sutton. Yeah, so also you made like a, like a very, was it like a variation where it was like 200 or they literally had to order 200 items.
Carabella: They literally have to order like 200 items of something Interesting. There was a there was an Amazon business section sector and I got in there and I was able to sell bulk orders, yeah.
Bradley Sutton. Okay, interesting, and then all right. So now, what year are we about? Like when we were talking about the second year of this 2019.
Carabella:
Bradley Sutton. Yeah, and then on the YouTube side was there a time you know where it just started taking off, or has it just always been gradual, Because I don't really start really small, but that was really big.
Carabella: Actually it's not crazy big. It's like 6,000 subscribers still kind of small, but I feel like I have a very loyal following. And then I started doing selling from there, so selling inside of there. So I created a Shopify store with, like some workout things from Walmart. People can come by from my Shopify store, things like that. And then obviously YouTube pays you for ad revenue and super chats and all these things that you can do when you're going live and stuff like that. Okay, yeah. So that was always just gradual, steady, steady, steady.
Bradley Sutton. Yeah, I think that's important, you know, cause it's not always about the number. Sure, yeah, if you're like MrBeast, you know like having he's a beast. Yeah, having that number of followers obviously is good for you, but other you know, you could have like a hundred thousand followers and then if you're not doing branding or you're not really personal, like it doesn't really do you any good because people only they're not following you, they're just like all right, I'm subscribed to this. Oh, there's another video. That was like when I started on YouTube, like a long time ago for the Zumba stuff, I was following a lot of people. Then I thought about it was like, if I saw these people like in an Amazon or Amazon see, I always think about Amazon nowadays If I saw these people like in a Zoom book conference, I literally wouldn't even know who they are, right, I don't know their names and stuff. So I'm like, if I'm gonna do YouTube, it's like how do I make myself memorable? And that's why I created that character. I wear the crazy socks and different things like that. But you kind of have to have a thing that makes it personal. Then you can have like six or 7,000 followers, yeah, and then it still works out for you.
Carabella: Yeah, and you can monetize it and it's still good. And then, from there, I started doing fitness for brides and teaching online. Ah yeah.
Bradley Sutton. I was doing that, I would do Zumba classes. For you know, guys, don't get twisted for bachelorette parties. It wasn't, the clothes stay on, all right, but you know, like, like, weddings are very stressful, oh yeah. And they're like for weeks, they're just like going crazy and they're like, hey, right, a couple of days before the wedding we just want to kind of like get our indoor friends out and just like work it out. You know, we're kind of and so like I would make a lot of money doing bachelorette and there'd be good dudes there too, you know that'd be kind of strange, you know, but you know so. So that's a, that's a interesting thing. So you would, you would like, was it mainly like, hey, get the bride in shape over?
Carabella: a certain amount of time, or something like that. Exactly From there, I started doing my YouTube. Amazon was like way gone, didn't even focus on it. I started doing more personal training, one-on-one stuff, and then I said I can't do one-on-ones, this is going to be crazy. Like I have no time, yeah. So then, from there, I took a course and look at me taking all these fricking courses. I learned Amazon from a course, though, too.
Bradley Sutton. But hey, see, see, hey guys, real quick takeaway here. Everybody takes courses. Very few people actually act or actually do what they learn. You know, I take a course, oh great, I learned so much, it was great. Or are you doing it? No, like maybe they haven't all worked out, but literally she, you know, she took a course on Amazon. She started Amazon. She took a course on wholesale and then drop shipping. She started doing that and now she took, she took a Tylopus course. She started. You know, she did something off that. I like that. I wish more people were like you. But go ahead anyways.
Carabella: Yeah, it's a finisher, mindset, right.
Bradley Sutton. There you go.
Carabella: I did the publishing course I made books on Amazon. They're still there selling like you get royalties from them. So I took this course. Ruben Brooks he's a coach and he teaches coaches how to build their online presence for fitness. So I took his course. It was expensive like $6,000, $10,000 course and I was like I'm going all in. So I built out my online program. He said you need to niche down. I said okay, who can I teach? I had experience in the bridal industry from way before I started selling on Amazon. I worked with weddings and events. So I said brides, they got the money, they want to look good in their dress, feel sexy, they're honeymoon after, they want to be like ready. So boom, that became my niche and I started building out my course for brides and then from there it just was kind of easy, because there's a lot of brides in LA, especially Beverly Hills, that have the money to take training.
Bradley Sutton. Okay, so all this time, like you were saving money too from Amazon, because I'm assuming you weren't like living it's not called paycheck, they paycheck, but disbursement to disbursement from Amazon. You started saving up money and then. So that means when, that you know, when Amazon cut you off on some, it's not like you were on the streets or anything.
Carabella: No, no, yeah, Always definitely have savings, have backup plans, keep your and I did one-on-ones between. So after that I did my one-on-ones, I made clients. I mean, I made money doing, you know, one-on-one training in the gym and things like that. So from there I said, okay, online is the way to go about the course. I went to conferences in Arizona to learn about the industry and then I started making money online again, but in fitness this time.
Bradley Sutton. Okay, all right, cool. So at what point were you like, did you just kind of like, shut down almost all of your Amazon? Like, today you have no physical products, it's a hundred percent, just like your digital product, digital books.
Carabella: yeah, Two digital books. They just are on Amazon. I don't even look at them.
Bradley Sutton. Was it? Did you have like tons saved up or was it a little bit? Was there a time where you're kind of scared Like, okay, amazon's not going to work out, like I better get something else pretty fast. Or was that other income from the training and stuff already going by that time?
Carabella: Yeah, it was already going by that time. I was also. I'm also very much a worker person. I look ahead a lot. So I'm seeing like, okay, I'm stopping Amazon, they're closing my channels, I'm gonna get my personal trainer certification so I can start teaching people what I love already. And this was already in my mind, because I was teaching people how to do it on YouTube without a certification. So then I thought why not be more legit and then offer these things in person? And trainers can make a lot of money. Especially where I live, you can make a lot of money per hour. So I had already kind of foreshadowed what I wanted to do before Amazon cut me off completely. So I had savings and I didn't live beyond my means, which a lot of people I feel like do, which is bad running up their credit cards, especially in California, not paying the thing, I had a Mazda. I think you knew me then. I had a Mazda. I lived very humbly, so I didn't have all of this debt on my head and I didn't have too much to play catch up with.
Bradley Sutton. Okay, cool. Was there a point where just the trainer on their own like completely replaced what you were doing on Amazon, or was it still a little bit less?
Carabella: Still a little bit less. It was less in person for sure. And then when I started to build scale with the online program and I could have way more clients than just like six a day, because six a day is like six hours of your life.
Bradley Sutton. Hold on, like I'm kind of like spazzy anyways, are you saying you were doing like online, like Zoom? Like oh okay, For some reason I missed that.
Carabella: Okay.
Bradley Sutton. So that just widens your bait. Instead of trying to have to find some, all right, let's find a gym that we can both go to or come to my house or something you were, somebody could be anywhere.
Carabella: Yeah, exactly. And then I was doing training for brides and things like that. And then I built out courses. I already had libraries of videos on YouTube. I just put them in trainer eyes, which is where all the videos live like a course, and then all you have to do is reach out to people who are getting married. And I did the hashtag thing, the cold DM thing. Hey, I see you're gonna get married. I see you just got proposed to. Hey, da, da, da, I'm a trainer, this is what I do. I'll give you a couple, you know, seven days free, 14 days free. Check out my course. Boom, get a sale. This type of thing.
Bradley Sutton. Yeah, Okay, yeah, Interesting. Now at what point did it get in your head where it's like I want to have my own like brick-and-mortar location, like a physical studio or Always. Always, so that was always a dream.
Carabella: I love equinox, I love working out and I always wanted my own place and literally I put it on my vision board. It's on my vision board, this little studio with perfect yoga mats, laid out with little yoga blocks. And then, when I got my studio, I did the same photo shoot in there and I matched it to my vision board. It was one year later. Wow, I put it on my vision board and then, one year later, I got the opportunity.
Bradley Sutton. That's awesome. So what was your thought process? Cause I believe it's a little bit unique where you're only catering to female clients, right Like was that always the plan, or were you just like kind of like thinking like an Amazon seller, how can I niche down? Or what was going on there? A?
Carabella: little bit like the Amazon seller. How can I niche down? How can I make it special? Also, being in the gym as a woman. Sometimes you get unwanted attention. A lot of women feel the same way. It was a consistent thing I heard from my brides about being in a physical gym. It's uncomfortable. I have a husband, I have my man, this and that I don't want to get gawked at all this stuff.
Bradley Sutton. So I have to deal with that. I don't know. I'm just like.
Carabella: So I just thought what a concept. And I know the majority of gyms are full of men, so I cut my audience in like half, maybe even 60, 40. Cause men just are in the gym. But we're doing something very different. It's only group classes and it's only for women, and if you go to gyms and you look at their group classes, it's all women.
Bradley Sutton. Yeah, when I was teaching Zumba it was like 45 women and like two dudes only. Yeah.
Carabella: And it's all feminine. You know style of movements, classes, so I feel like we're on the right path, Okay.
Bradley Sutton. Yeah, all right. So yeah, basically this episode is about guys. Hey, you guys are Amazon sellers out there and if you want to do this for the rest of your life, do it. I think I might do Amazon for the almost rest of my life. You know, like I have no plans to do anything, but it's important to have you know kind of backup plans too, and if something goes wrong with your Amazon business, it's not over. You know, like, like she, she's had a couple of two kind of major bad events happen on Amazon. One because of her trademark. She didn't, you know, do enough research and she got shut down and then she started it again. And then again because Amazon kind of changed her policies with drop shipping and things, and again she didn't, she didn't let it knock her down. So do you have, like you know like financial advisors, or you know planning and stuff, or have you just done everything on your own?
Carabella: Yeah, no financial advisors, no planning. I mean I had a financial advisor when I got life insurance, but that's as far as I've gone, you know, so far. Yeah, hopefully I get huge and I'll need all of those. But yeah, from where I'm at now and where I was, no financial advisors, I did QuickBooks, I had an accountant, but that's the extent of it.
Bradley Sutton. Okay, yeah. So what's in the like on the horizon for you? What's your plan? I mean, obviously the studio just started like a few months ago, right? We?
Carabella: just opened about a month and a half ago. On the horizon, I want the studio to flourish. I'm only focusing on this one location first, but my big dream is to have a clothing line with this company, more locations with this company, and I want to go worldwide. Oh my goodness.
Bradley Sutton. Yeah, I want to have.
Carabella: Bellatec clothing line yoga mats. You know huge events. You know how Aloe Yoga teaches yoga too, so we're actually going to do our first event with Fabletics and USC. Wow.
Bradley Sutton. Okay.
Carabella: Yeah, that's exciting. And the Clippers came into our studio looking for a place to train their girls.
Bradley Sutton. Yes.
Carabella: So we're right in the middle of downtown it's my team right there. There you go.
Bradley Sutton. Yes.
Carabella: So, yeah, wow, I really want to expand and make this a huge, huge company. I'm looking at it right now Like realistically. I just want to make this baby grow up.
Bradley Sutton. Yeah, so then you're almost guaranteed going to find your way back into physical products and online and e-commerce.
Carabella: Yeah.
Bradley Sutton. Because you know, if you start doing merch or something for your brand and start to, you know making your own, I mean you're going to. If you get popular here, you know like right now you're probably just buying all your own like yoga blocks and mats and stuff.
Carabella: Exactly, we actually bought everything from Alibaba.
Bradley Sutton. Okay, but then you see, you could still do that. But then now you put your logo on it and then you know, sell it for people, especially since you're, because you're still doing the online courses and stuff like that. So then in that case, you know, like it's not just, oh, only the people who go to your physical location would be buying your stuff. You know, if you have customers all over the world, they could buy yourself online.
Carabella: Exactly, and Bellatec is going to have an online portal as well, where people can work out with us from all over the world, even from this first location. I've already started building out with our web developer an online portal for girls to work out from New York, and they can join our Bellatec community from anywhere.
Bradley Sutton. Awesome, awesome, alright. What's your advice for somebody else out there, like, maybe people nowadays obviously can't make money that quick the way you did, because it literally doesn't exist anymore where you can just do drop shipping and stuff like that Bye. But is it a matter of like, hey, if you're selling on Amazon or Shopify or TikTok shop or whatever, like Start putting some money to the side. Or what's your advice? Like, how were you able to succeed with life after Amazon?
Carabella: I feel like you just have to play it smart. Be careful, but also take risks. And finally, don't be scared to like Burn it and keep moving, but also just be careful. Like I'm not a financial advisor, and so I can't really say much, but definitely focus on having a cushion, a fallback cushion, save money, plan things for longer term. You know, think smart, think about your future, because Amazon changes every single day and, like you said, you literally can't do that to type of drop shipping anymore, those type of selling anymore, and that was insane. But yeah, I would say just you know, focus on being a little bit careful but also still taking risks, because you can't be too careful or else you won't grow.
Bradley Sutton. We're going to talk you know the rest of this episode is actually something I've been doing. The last year for guests on the episode is I've been asking them a lot of like non e-commerce questions like, hey, what do you do when you need to step away from your business? Because I think all of us you know, you remember how it was like you can get so engrossed because it's fun, you know sometimes, but you know like what's that mean? There's like a meme like hey, amazon sellers are the ones who want to quit their nine to five just so they can work 16 hours a day. You know, like because we just get engrossed and especially when you're work from home, you know you could just like kind of let yourself go and not have great eating habits. So let's talk about healthy habits. But first of all, what's yours? Like you, it's kind of like fitness is almost like your job. That was like for me and like people ask me back in the day what did I do to stay in shape? When I was in shape, like doing zoom, but like I didn't have to. That was my job. Like like I was doing 10 classes, 12 classes a week. I could almost eat whatever I wanted to, even though it's not good, but I would never gain weight because I'm just working out. But like, what about you? What about mentally? Maybe I need to take away from or take a step back from the studio, take a step back from my training. I just need to have some me time. What's your go to? Hobbies or things?
Carabella: Yeah, this is the most important thing for all of us entrepreneurs, because we get obsessed and there's no work life balance and at the moment, I have a brand new baby. I have no balance, but I force myself.
Bradley Sutton. You have a brand new baby?
Carabella: Yeah, at Bellatec.
Bradley Sutton. Oh, okay, I'll say wait a minute. Okay, I was like, did I miss something?
Carabella: No, my business is like a month old. I'm looking at it like a child.
Bradley Sutton. It's how born, yeah, newborn.
Carabella: So things that I do to step away. It's very hard to get away from my phone, just I don't know, it's an addiction thing, obsessive controller thing, but I just go get massages, turn my, turn my phone off, get a massage, put it on, do not disturb. I ride horses, I get in nature. I love to run on the beach, I love to meditate. Journal I'm a big journal. If anyone read the book, the artists way Okay, this book is amazing, it'll change your life. And so she talks about in that book that to sit down and do morning pages where you brain dump three pages a day and you give yourself time and then you can, you know, understand yourself better. But healthy habits for me is giving yourself time alone, alone, alone not with friends, you know. I like to take a bath, I like to spend time in nature, go see my family. Sometimes I mean they're not very far, but I don't make enough time.
Bradley Sutton. They're my neighbors. I know they are your neighbors.
Carabella: My sister just had her sixth baby. Can you believe your sister has six? Wow, that's crazy, yeah. And then I'm in the gym every day, were they were.
Bradley Sutton. they when we're not tri-city, hmm, tri-city hospital right there, I don't know. That's where my kids were born.
Carabella: Yeah, I don't know, but I saw the new baby on Thanksgiving and she's so cute, oh yeah, but yet I I work out every single day 5am. Make sure that you're choosing healthy foods. You know your food is your fuel. Yeah, so if you don't choose good fuel, you're not going to have, you know, a good day. You're going to feel slow.
Bradley Sutton. Let's talk about that, for a little Cause entrepreneurs out there, I think 15 years ago was different, but nowadays, thanks to the apps from the devil AKA door dash, uber eats and everything else, like it's just so easy to you know, at least back in the day maybe you were lazy you actually ate better because, all right, I'll just make myself a ham sandwich or something you know which is probably more healthy than all right, let me order McDonald's to be delivered to my doorstep.
Carabella: Exactly.
Bradley Sutton. What are some eating habits for the stay at home entrepreneur? Simple things that they can keep in mind to stay healthy.
Carabella: Yeah, no breakfast. Do intermittent fasting, I would say.
Bradley Sutton. How many hours on, and I would say 16, eight 16, eight 16, eight.
Carabella: So 16 hours fast eight hours. Eat no breakfast. I don't eat until 11 o'clock. My biggest meal is lunchtime and then I take breaks. Make sure you take breaks, guys. Get off your butt, walk around, get your steps in 10,000 steps, minimum 10,000 steps a day.
Bradley Sutton. Minimum. We just did the okay hold on Minimum Hold on hold on. We did this thing at work where it was like a challenge and they were like all right, we need to do 7,500. And I was struggling, like I was walking, like I would go an hour on the. I have like a standing desk so I have the treadmill on the bottom and then I would do like an hour on that. And then there was some time where I was traveling. So I would like walk like two miles and I'm like I'm still not at 10,000. I'm like what is it? Or not even at 7,500. So like to get to 10,000, what does that mean? Does that mean I need to walk like three miles? Does that mean I need to spend an hour and a half on a treadmill? It's about six miles?
Carabella: Oh, my goodness, it's about six miles If you walk. So I wear an aura ring. Usually it's dead right now and I see my step counts are insane. I mean, I walk 25,000 steps a day. But if you want to be, if you want to be like the hunter and gatherer people that we used to be walking everywhere, they did minimum 10,000 steps for women.
Bradley Sutton. Wow.
Carabella: Men's steps should be way more, cause you have higher testosterone, you have different bodies. So I would say 10,000 steps a day minimum. Get up and walk around and then your smallest meal should be dinner. So you go to bed light but you're not hungry. You know, and then I don't eat after 7pm. Okay, so 11 to 7 is my window, and that's all I get to Just water. Yeah, water, I like green juice, celery juice, ginger tea, things that'll flush you out also. Yeah, that would be my way to how to eat if I'm going to stay at home and even if I don't stay at home. This is how I eat. Yeah.
Bradley Sutton. So maybe like, hey, you know, maybe that seems unattainable, I mean, it seems unattainable to me almost 10,000 steps, but you can get a treadmill, that's on. You know, you can still be on your computer, but on your treadmill, like while you're doing it, but then I, the thing that I don't do enough of is, you know, like, take walks outside. Hey, do you have a zoom call or a call that doesn't require to be in front of your computer? Take that zoom call on your phone, maybe and just take a walk. Wow, okay, yeah, I need to step on my. I need to step on my game here.
Carabella: Yeah, but don't forget, health is wealth and you don't want to get to your wealth and be sick because you're not in good shape. Like, don't forget that your body is should be your number one and the sharper you are physically, the better your wealth is going to be. You know and I saw something somewhere, I think it was the guy who does the 75 hard, andy Fersilla. He told me he said when people see a person in shape, they want to do more business with them, they want to work with them more because they see the discipline. So that discipline from your health transfers into other places of your life, like your business, getting things done on time, planning things out, showing up to meetings on time early. Da, da, da da. Cause you build that habit.
Bradley Sutton. Okay, what about I mean, apart from just steps? You know, like, like, if that's all we're doing, that's great, but it's still not enough. Like, what are some easy maybe exercises? The desk jockey, you know, can do just like break. You know, like you said, take breaks and stuff, so like, what should? We? What kind of little mini exercises can we be doing during our breaks?
Carabella: Yeah, jumping jacks, pushups, sit ups I would say planking for sure. Keep that back strong. Anything that's in the area that you're, anything you can do in a very small area. So think about it. If I were to stand up here, I could probably do some jumping jacks. I can get on the floor and do some pushups, simple things like that For guys. If you have a pull up bar at home, hang it on your door, do some pull ups. You don't need a full gym to get in shape or to stay in shape, and then you burn calories a lot. Jump rope get a jump rope, stand outside. That's the best one.
Bradley Sutton. Okay, yeah, All right. What about as far as counting calories portions? You know you talking about having dinner as your smallest, but, like you know, how much vegetables, fruit should we be having? Like? What do you think about these different trends, Like you know, like carnivore diets and all this crazy stuff?
Carabella: I feel like it depends on the person. Not one diet fits all, but I would say depending on. For calorie counting, if you want to lose weight, you got to eat less than your, your basal metabolic rate, which is like the minimum calories that your body burns at rest.
Bradley Sutton. How do you, how do you find that out? Calculate that?
Carabella: There's a, there's a or a ring will track it. Your Apple watch will track it.
Bradley Sutton. Oh, I have an Apple. I didn't know I had that Okay.
Carabella: Your Renfno scale will track it. These scales that scan through your feet they'll track it. So they do this scan and they'll you'll be able to see, you know your weight, your body fat, your muscle mass, your water, your you know metabolic age, which is the age that your body is at in the state that you are in now, and then how many calories you burn at rest. So if you burn 1500 calories at rest and you want to lose weight, you better eat a thousand calories a day and you will naturally lose weight. If you want to gain weight, you eat 2000 calories a day. It's very simple math.
Bradley Sutton. Okay, and I mean that is definitely going to help you lose weight. But then you want to have you know if you go to a physical checkup and have your good cholesterol high, your bad cholesterol low. So what are some foods to stay away from? What are some foods that you think are must haves in your, in your diet?
Carabella: Yeah, Whole foods diet is the best diet, which means not whole foods. See instantly, See, instantly See what I thought about. No whole foods like anything that comes from the earth chicken, eggs, spinach, greens, fruits, anything that comes from the earth. Anything that comes from a bag and you don't know what's in it when you read the ingredients, that's automatically not good for you. I don't drink sugary juices. I would stay away from sugar completely. I would do just foods that come from the earth must haves in your diet eggs, chicken, steak unless you're vegetarian, which I did, vegan, and it was a shit show for me. I'm sorry, Can I say that? It was it was not for me. You know, I did some blood work when I was vegan. Going through that, my protein tanked, my hair was falling out, I had low iron, low vitamins not for me. Some people are thriving on vegan, so I feel like it depends on the person's body. But Whole Foods diet is the best way.
Bradley Sutton. Okay, yeah, cool. What are the tips, and tricks or anything can you give to our community out there?
Carabella: Try to de-stress. Get an animal. I don't have an animal, but a lot of my friends have dogs and I ride horses, so getting around animals makes you feel happy, release dopamine, release stress. Also, you have a companion and then just spending more time outside, fresh air, grounding, just staying. Staying a human in a digital world is so important and that we get lost in that. Yeah.
Bradley Sutton. Yeah, any inspiring stories of people like transformations that you've had, you know, like maybe it's a bride or maybe it's just one of your you know clients, your one-on-one clients, um, where they actually like, all right, we're just going to go ahead and do whatever you tell me. And then they saw some like incredible results.
Carabella: Yeah, actually I have a lot, but I'll tell you this one which I absolutely love. This guy I was training. He's a pharmacist, very successful pharmacist, very busy guy. We started training and he was basically lying to me. He's like I'm not losing any weight, I'm not losing any weight and we're working out three times a week. This isn't, this is not working and not everybody can eat healthy and lose weight. And I said what are you eating? And he was like I'm eating healthy. What are you talking about? And we sat down one time and I was so ruthless I'm like you're a liar. You're not following the diet I'm giving you. Show me a picture of your food every day, every meal. So then we I we had this really tough conversation. Two months later he lost 30 pounds. He was eating clean, he was training consistently and 30 pounds he looked like a different person.
Bradley Sutton. He went what did he take out of his diet? Mcdonald's Also. He was eating McDonald's and complaining that he wasn't losing weight.
Carabella: He was eating out every single day, drinking alcohol, and he took all of that out of his diet. He started work. I had him on something very strict like tuna, salad water and just almost like a keto, and he lost weight so quickly. He went from 193 to 163 and literally like two months.
Bradley Sutton. How tall was he?
Carabella: He's 5’10.
Bradley Sutton. Okay, Well, I mean 193 is not, that, you know, like for for a guy, unless you're like five, six or something that's all right. Can you give me his his diet plan, or the one that you gave him?
Carabella: I could give you a diet plan. I want to lose 30 pounds. It is strict.
Bradley Sutton. It's strict, but I'll give it to you All right.
Carabella: Yeah, I have it on my phone right here.
Bradley Sutton. Awesome.
Carabella: Yeah, I'll give it that to you.
Bradley Sutton. Cool, all right. So this has been a great episode because it's like, you know, we don't have, you know, like we have tons, of course, amazon success stories on here. But success doesn't mean just success on Amazon, just success in life is like, hey, are you happy, are you, you know, supporting for you and your family and stuff like that, and you've achieved that and it's, you know, sure, amazon, you know paved the way, but then you completely transition and it's nothing wrong with that. So, guys, don't be thinking that Amazon is the only way to success. It's a. You know, it could arguably be said that you wouldn't, you might not have been able to have enough to start this, you know, uh, business and stuff If you hadn't done the Amazon, absolutely use Amazon. And then if Amazon keeps working, great, keep it rolling. I'm sure you would have loved to have kept doing like six figures a month.
Carabella: I'm coming back when I get my, when my clothing comes out and I know how to work it and I'm going to come back to it. I love it All right.
Bradley Sutton. But then, most importantly again this you know, you guys know I've had some lot of health issues in the past, and so that's why this year I made sure to always ask the guests about their health regime. And this is, you know, one of the experts in the game as far as that goes, so I hope you put her advice to use now. If somebody is in, you know, if there's any of our female listeners out there who are in the like LA area, how can they find out about your, your studio?
Carabella: Yeah, check out bellatec.com and you can come in for your first class free, and all you have to do is register on the website. It's very easy. The steps are there. You can find me @carabellariazzo and DM me on Instagram. I'm very personable. I talk to everyone. I'm not the type of person who's going to ignore people, except Bradley, except me when I'm trying to get her on the podcast for like a year. Just kidding, but yeah, so check us out there. We're at Bellatec studio on Instagram and everywhere else. Yeah, come say hi.
0:37:15 - Bradley Sutton. It's great to see you again, and I hope the next time you see me, you don't recognize me because I'll be like the more fit version.
0:37:22 - Carabella: Let's go. I believe in you, I love it.
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| Helium 10 Buzz 12/14/23: Amazon Seller Chat | TikTok Shop News | Multilingual Videos | 14 Dec 2023 | 00:18:25 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Senior Brand Evangelist and Walmart Expert, Carrie Miller. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. TikTok Shop Wants to Beat Amazon at Its Own Game https://www.bloomberg.com/news/articles/2023-12-13/tiktok-looks-to-challenge-amazon-amzn-with-tiktok-shop Let shoppers engage with your brand across multiple products using Amazon Video Builder https://advertising.amazon.com/en-us/resources/whats-new/amazon-video-builder-powers-use-of-multiple-product-asins/ Walmart pushes ahead with e-commerce platform https://www.meatpoultry.com/articles/29475-walmart-pushes-ahead-with-e-commerce-platform Etsy lays off 225 workers after ‘essentially flat’ sales, says CEO https://www.theguardian.com/business/2023/dec/13/etsy-layoffs-online-business-retail-industry But wait, there's more to this episode. We'll guide you through the process of automating Amazon keyword research using Helium 10. We'll help you streamline your efforts, saving time by setting up keyword insight settings to alert you when a competitor ranks for a new keyword. Plus, we're handing you a roadmap for business growth in 2024. We're talking about a free downloadable checklist that will help you develop essential daily habits, and keep you focused on your goals. Go to: https://h10.me/habittracker for more information! So, whether you're a newbie seller or a seasoned pro, this episode is packed with strategies that will give you an edge. Grab your headphones, and let's get started!
In this episode of the Weekly Buzz by Helium 10, Carrie talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Carrie Miller: TikTok is giving Amazon a run for its money. Chat is now available in Amazon seller support, and now you can upload videos in multiple languages on your Amazon listings. This and so much more on this week's episode of the Weekly Buzz.
Bradley Sutton: How cool is that? Pretty cool, I think.
Carrie Miller: Welcome back to another episode of the Serious Sellers Podcast. My name is Kari and I will be your host, and this is our weekly buzz, which is our weekly episode, where we give you all of the latest news and updates for Amazon, Walmart and the e-commerce world. We also give you updates on Helium 10, new alerts and features, and we also will give you a serious strategy for serious sellers of any level. So let's go ahead and see what's buzzing. Okay, so let's go ahead and get into this first article, which is how TikTok shop is giving Amazon a run for their money, and I do know that they are doing a lot of amazing incentives for sellers. First of all, there's no fees. They're also covering shipping costs for you and if you give discounts with some of their promotions, they often will actually cover those discounts. So, for example, if you give a 30% off discount through one of their promotions, they'll cover the 30% discount cost so that you don't have to pay for it. And I've actually talked to sellers who have made more money than their usual listing price for products. In addition to that, they're giving customers coupons to purchase and really helping to incentivize them to start purchasing on TikTok, so they'll give them a $20 off coupon. I know I bought something that was $21.95 and I got $20 off, so I only paid a doll her 95 for it.
Carrie Miller: Let's go ahead and get into the article that talks about this. This article is titled TikTok shop wants to beat Amazon at its own game. It's from Bloomberg and they talk about a seller who had started getting all these incentives to sell on TikTok shop and they were really surprised at how they even did $10,000 in sales the day after Cyber Monday, even after all this was done. Really really cool stuff that they started selling and learning how to use TikTok shop and because of all the incentives they're more profitable, which I know. A lot of people on Amazon are kind of wondering what's going on with profitability because it keeps shrinking. So this could be a potentially good opportunity, especially while they're giving these no fee incentives to get in there.
Carrie Miller: But something that's really interesting is that they're saying that Amazon shouldn't be too worried yet because basically people are seeing things on TikTok. They don't necessarily yet trust the platforms that are purchasing elsewhere, so they might go to Amazon. In addition to that, the shipping isn't as fast on TikTok, so you can see that people are going to go and want that two day shipping, which is why you'll see a lot of people buying something on Amazon. Maybe it's the same brand, so a lot of times people will look for the same thing that they found on TikTok to see if they can actually find it on Amazon to buy that. Something else that I found very interesting in this article is that they were talking about how people are saying it's kind of like a farmer's market or a digital craft fair, because you can do live selling on TikTok shop and people can ask questions and you can interact with the product live and show people how to use it. So it's a really good opportunity to kind of have a different experience for people and really incentivize them to purchase. I'm really curious to know if any of you have started selling on TikTok shop and how you've done so far. Put your comments below and just let us know how you're doing. Have you had a hard time starting? Have you gotten some success on TikTok shop? We would really like to know.
Carrie Miller: Okay, so let's go ahead and get into the second article, which is something I think a lot of people are going to really like, and hopefully this is something that is really beneficial for a lot of sellers and that is that now that you can actually get chat instead of just email and phone call on seller support. So this is a little press release document that was released by Amazon so you can now chat with an actual person. So, instead of having to call, you can actually chat. So there's an FAQ. So one big question that's what I had. I thought is it going to be a chat bot, because I can't stand dealing with those. So they said will I be communicating with an actual human? And yes, all live chats will be handled by a seller support associate. Will I see if this receive the same level of service that I do with email? And it says many cases you will, and then you don't have to go back and forth with email. And in what cases is it not available? It says they can currently help you with the majority of support issues with chat. So that is a really good thing that they'll be able to kind of help with a bunch of different things with chat, and basically you have to go and find it in the same way that you would any other support and there will be an option for chat. So my question is what do you think about this and are you going to start utilizing the chat feature instead of email or the phone call, or what do you think? Let us know in the comments below.
Carrie Miller: Okay, this next article is really exciting, especially for the US, because there are so many people with different languages in this country and you want to really market to as many people as possible, and I know I've been noticing a lot of Spanish keywords when I'm doing keyword research in our helium 10 tools, and this is a great opportunity to be able to reach Spanish speakers and all speakers of a lot of different languages. So this article talks or this is actually an announcement from seller central that now you can actually upload your videos in other languages. So now you can upload Spanish videos, you can upload Chinese videos or other languages that you think that your customers might be looking at your listings and maybe they might need it in their native language. So this will help you to be able to sell to those people and really showcase your product to a wider variety of people, and I'm really excited about this. I think this is really a great thing to be able to kind of further expand the languages on your listings that you already have. Now Let us know in the comments below if you think this is a great thing and if you're going to get started doing it right away, or what you think about, you know, being able to upload these videos in different languages.
Carrie Miller: This next article is about being able to upload more than one product to your videos for your ads. I think this is a great opportunity to showcase more than one product. I noticed that when I was able to show more than one product on my brand story and my A+ Content that people were buying in bulk or bundles, basically, of things that they weren't buying in bundles before. So this is a great opportunity to showcase all of your products in one video and catch the eye of a lot of different customers. So this is actually an announcement from you know advertising on Amazon and the way that it works is you're going to be able to upload those three different products, and why it's important is you know you're going to be able to get more brand exposure and just a lot more reach. Maybe one person might not be looking for one thing that you sell, but maybe one of the other items they're going to be interested in, so it's a really good opportunity there. Also, this is where the feature is available. It is. It is available in the US, Canada, Mexico and then all these other countries across South America, Europe, middle East and in the Asia Pacific. So check out to see if your country is allowing this and start getting some of these video ads up, and so I think this is going to be a really good thing for showcasing even more of your products and incentivizing people to buy more of your products all at the same time.
Carrie Miller: So the next article here is in the Walmart realm, and that is basically that Walmart is going to continue to invest in their e-commerce platform in 2024. And this is according to an article on meatpuletry.com. They have they did see quite a bit of growth on their digital market, so they want to keep growing it. They actually talk about how it was even more. They had more growth in China. However, they are still just overall, growing this marketplace so that, you know, more customers can buy their products online, since more people are switching to online shopping. So it's a really you know good time to get into Walmart as well. If you really want to grow your, your brand and your products. You know, maybe consider selling on Walmart as well.
Carrie Miller: Okay, this next article is a bit of sad news and that is that, um, basically, Esty had to lay off a bunch of workers because their sales were flat, so they laid up 225 workers. I'm not sure what this means for the future of Etsy or what they're thinking about sales trajectories, but it is really a curious thing. I know there are a lot of Etsy sellers who watch our content. So if you're an Etsy seller, have you seen sales kind of stay the same? Have you seen growth? I know it really is dependent on the individual seller, so, um, you know this really could be dependent, um, you know, seller to seller, but also Amazon does have Amazon hand made and you can get these products pretty quickly. So that might be something that's been causing some competition for Etsy. But hopefully this doesn't mean that it's doomsday for Etsy and that we'll see them revive again.
Carrie Miller: Okay, this is the last but not least, but this is a really good thing for apparel brands and I think that because of Sheen and Temu, those are really big platforms that are really competing with Amazon right now and they sell mostly apparel and basic. We saw last week with the fees, they're reducing fees for apparel, which I think maybe has something to do with the fact that they want to compete with those, those platforms. But now they have a new fit insights tool that's going to help give you know apparel and shoe brands access to fit specific insights about their products to help you know the customers you know get the right sizing so they can help reduce returns. I think this is a really good thing to help offering you know sellers the opportunity to you know, improve upon their actual sizing measurements to make sure they're the most accurate for customers to prevent the most amount of returns. I do sell in this category and I think this is a really good thing. Um, you know, for all of us, I do sell in this category and I think this is a really good thing to add and really help us to be more specific with our sizing so that all of our customers can get the exact product that they want with the exact right fit. All right. So that is all of our news. So let's go ahead and check out with Shivali what our Helium 10 feature updates. So, Shivali, go ahead and take it away.
Shivali Patel: Hi guys let's get into this week's helium 10 new feature alerts. We have some ground to cover today, the first feature being located inside of Cerebro, our reverse ASIN keyword research tool. Let's talk about the Amazon total search volume and Amazon average search volume metrics Diving into Cerebro. Essentially, when you're performing a keyword search and say you end up filtering down any group of keywords or phrases, then the tool will actually tell you what the total search volume is for that given pool of phrases, as well as what the average search volume is per phrase. The first number is especially helpful if you want to understand the combined impact or reach of all the keywords that your products are ranking for on page one, while the latter is great for understanding individual averages of your pulled key phrases, since the multi ASIN search that I have pulled up here is quite broad and it includes indexed keywords and phrases. We have a Amazon total search volume that is upwards of 3.5 million, but let's refine the search to have an organic ranking somewhere between positions 1 and 50. In applying these filters, what you're going to see now is the combined value of your page one reach, and that for us in this cuff and shelf market is 22,000 roughly. Alternatively, in the case that you want to see the search volume of all the keywords that your competitors are beating you on, you could use a different filter. Instead of the position rank filter, you could use the relative rank filter and then proceed to take a look at those metrics. How cool is that? Right, all right.
Shivali Patel: And the second thing that I want to talk about now is filter presets available inside of Atomic. So what do I mean by that? Well, if you navigate over to Atomic, you can actually access this inside of the, the analytics or the add manager tabs. I'm already inside of analytics and I'm in the search terms tab, so I'm just gonna stay here, but you guys are more than welcome to do this inside of the add manager tab as well. You probably are gonna see this inside of Cerebro, too, and going down say that instead of going through all of these 1450 search terms, I want to take a look at the last 60 days. I know that I want to see those different search terms that have 20 clicks but no orders, no PPC orders, and I'm spending at least three dollars on that search term. Well, now I can actually go in and click save the filter preset, and when I click save filter preset, you're gonna be able to name it and then click apply, and every time you go back into Atomic, you're actually going to be able to access it quickly with just one click, by clicking filter library, and then select whatever you'd like to see and it's automatically going to take those search terms and narrow them down based off those filters that you selected.
Shivali Patel: So be sure to take advantage of this. If you are really interested in minimizing your actions maybe you have a lot going on and you really want to get straight into the actionable data and insights that will move your business forward then this is a really quick way to do that, to optimize those PPC campaigns you have. Or even if you're doing this inside of Cerebro, you're using the filter presets to quickly get in and take a look at any new keywords or phrases that might be relevant to your niche. So be sure to take advantage of this if you really want to minimize the actions that are needed to get to actionable data and insights, and I wish you much success.
Carrie Miller: Alright. Thank you so much for those updates. Helium 10 is always doing a great job of just updating products that we offer and then coming out with great new tools that can help you to further your business. So we are so excited about all the things that are going to be coming in 2024. So keep staying tuned to the weekly buzz so you can be the first to know about all these new updates. And, last but not least, we have our training of the week, so we will go ahead and send it on over to Bradley for the training video of the week.
Bradley Sutton: How to automate your Amazon keyword research. Alright, we've been talking about a lot of strategies as far as how to find top keywords from your competitors. You know from your own listings, etc. Now I the way I showed it to you guys. It doesn't take too much time. But you know, maybe you've got 10-20 products and you want to be checking your competitors keywords once a week. Well, it can start getting pretty tedious and time-consuming and a lot of data that you're gonna have to process to every single week or every other week, go through all of your products and all of your competitor products and no, alright, is my competitor ranking for any new keywords that I didn't know? So I can put it in my listing. So how would you like a way to just put time back in your hands? I mean, time is money, right, so that you know this could take hours and hours a month, but instead of that, let Helium 10 do the work for you.
Bradley Sutton: How can you automate keyword harvesting from your competitor's keywords? Well, it actually goes back to your dashboard, all right. So what you're going to want to do is you're going to want to go back to just your regular dashboard, okay, and you're going to hit insight settings on the very bottom left of the screen insight settings all right. Once you do that, you are going to find the keyword insight settings and then you are going to hit four insight types and you are going to select customize under keyword suggestions based on my competitors, all right. So hopefully you've set your competitors, and if you haven't set your competitors on your Insights Dashboard, you know there's videos that we have on our dashboard on how to do that but you want to put your top five competitors for all of your products and these are the ones that you probably are running Cerebra off of. Once you've got that done, like I said, go to your insights types, hit under customize under keyword suggestions based on my competitors, and what you're going to do here is you're going to enter exactly whatever you like to do inside of Cerebro. You're basically automating your Cerebro process.
Bradley Sutton: So maybe you said, hey, I want to know any keyword where the search volume is at least 400 and my rank is like maybe I'm not ranking at all, so I'm going to put zero and zero, but at least one of my competitors is ranking in the top 20 positions. All right, that's it. You just fill it out just like you would on Cerebro. So now, any time that one of my competitors for any one of my products right, is getting sales from a new keyword that I'm not ranked for now, I'm going to get actually an insight on it or a notification right here and it'll tell me hey, your competitors rank for these new keywords. Would you like to start tracking it? Would you like to start putting it in your listing?
Bradley Sutton: This is like super, super cool guys, next level. If you don't have access to it, you're going to need the diamond plan in order to access this. But I mean talk about putting money and time back in your hands. I mean this saves hours and hours of work. You now don't have to even run Cerebro almost ever again on your products, unless you want to do some advanced filtering, but you can now get those keywords delivered to you in a message saying hey, your competitor is getting sales from these keywords. Do you want to put it into your listing? So, guys, if you want to start automating it, make sure to set that up on your Insights Dashboard.
Carrie Miller: All right, everyone, thank you so much for staying at this point. I do want to leave you with something that I think will be really helpful going into this next year, and that is our 2024 daily habits seller checklist. Now, I actually helped to put this together, and it's daily habits that are going to help you to stay on track, to monitor things that are really important for your business, things like your sessions and your page views and all the kind of metrics that you need to make sure that you're staying on top of your account. There's a ton of different things in this checklist that are going to help give you really good habits to help you to continue to grow in 2024. So I hope that you all check it out.
Carrie Miller: It's really just an easy, free, clickable download. You can actually check these things off digitally, so you don't even have to download and print this thing out. You can do it all on your computer, so we will have the link ready for you in down below in the description so that you can check out this Daily Habits checklist, and I think you all are going to love it. So go ahead and check it out and we will see you all again next week and we'll see what's buzzing. Bye everyone. | |||
| #517- Amazon Seller Success Stories from Germany & Latin America | 12 Dec 2023 | 00:39:08 | |
What happens when you blend the minds of Adriana Rangel and Marcus Mokros, hosts of the popular Serious Sellers Podcast Spanish and German shows, with the world of Amazon and its ever-evolving marketplace? As it turns out, a captivating concoction of strategies, trends, and real-life success stories. From the transition from UPC codes to QR codes to new monthly networking calls for Spanish and German-speaking audiences to an imminent event in Germany - we dissect it all with our esteemed guests. We talk about special highlights featuring their recent guests. Buckle up as we take a ride through the ups and downs of outdoor sports sales on Amazon with two seasoned sellers. One recounts their thrilling journey from a booming 2020 to a challenging 2021, all leading to a triumphant comeback in 2023. Hear their plans for product expansion and driving website traffic, and learn from their experiences. From across the pond, our European seller shares his wisdom on improving product images, revealing two crucial photography tips. We also touch on the advent of a novel 3D rendering service, eliminating the need for physical product delivery to a photography studio. All this while emphasizing the critical role technology plays in growing an Amazon business. Did you ever wonder how selling on Amazon varies across different European countries? We've got you covered as we compare and contrast Amazon sales in the top five European countries: the UK, Germany, Italy, France, and Spain. We navigate through the VAT-related intricacies in these nations and how Amazon aids in VAT declarations. Find inspiration in the story of a successful Spanish seller who has grown her Amazon business with a unique approach - collaborating with artisans in Spain and Mexico through Amazon Handmade. We also chat about avoiding burnout while scaling up your Amazon business, ensuring a healthy work-life balance. Wrapping up the episode, we shine the spotlight on two entrepreneurs who’ve built flourishing podcast communities and Amazon businesses. This journey is filled with challenges, triumphs, plans for the future, and valuable advice for budding entrepreneurs. So tune in for an episode filled with information, inspiration, and innovation.
In episode 517 of the Serious Sellers Podcast, Bradley, Adriana, and Marcus discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton: Today we've got the host of our Spanish and German podcast back and they've got lots of tips and strategies from themselves and their guests on a wide variety of topics, such as Amazon, image creation, KDP, amazon handmade European marketplaces and much more. How cool is that? Pretty cool, I think. Hey guys. Heads up, Kevin King is the new host of the AM/PM Podcast, so if you love Amazon strategy, make sure to subscribe to it. Whatever you're listening to this podcast on, take a listen to AM slash PM podcast just by searching for it on that platform. Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies or serious sellers of any level in the e-commerce world, and we've got a couple of our host from different parts of the world here today. We've got Adriana from Mexico and Marcus, who is in Europe right now. Welcome back to the show, guys.
Adriana: Hi Bradley, thank you for having us.
Bradley Sutton: It’s really great to have you both here. This is now. We just celebrated two full years of Serious Sellers Podcast and Espanol Serious Sellers Podcast of Deutsch, and the numbers have been going up, you know, record months this year. It's really great to see what you guys have created just from zero, like literally zero, and now you've got podcasts that are listened to by thousands of people out there. We have YouTube now, you know, for the podcast. So, guys, make sure, if you speak German or Spanish, you need to be listening to Serious Sellers Podcast and Espanol or Alph Deutsch. You can search for either of that on whatever you're listening to this on, even on YouTube now. Now we're doing full videos so you can get kind of like a better vibe of it as well. So guys, this is this is really cool. And just one more thing that's new We'll go ahead and promote it right now is that you guys are now hosting in Spanish and German like monthly networking calls, zoom calls, for Spanish and German speaking community. So, Adriana, tell us about yours like, like when we just had the first one on December 6, but is it always like on the 6th, or is it going to be like the second Tuesday of each month, or how is yours going to work and how can people sign up for it?
Adriana: Yes, of course we're meeting the first Wednesday of every month, so I'm not sure what that is for January, but of course that's going to change for February as well. So basically, the first Wednesday of every month at 6pm, Mexico City time and people can sign up. They just need to visit our link, h10.me/llamadaconadriana and that's it. You can, and that way you will get the reminders and the link to join us in a live call networking call every Wednesday.
Bradley Sutton: All right Now, Marcus, you too are just had your first ever German call in December, but starting in January. When is it going to be? And also, what is the link for it?
Marcus: Yeah, we want to keep it simple. It's the first Monday of the month, 12 o'clock, and the link is h10.me/elite-de.
Bradley Sutton: All right, h10.me/elite-de for German speakers. And when you say 12pm, that's 12pm Germany time, 12pm German time. Correct, speaking of Germany. Guys, I'm going to be in Germany. I'm not sure if anybody out there is going to be in in town, but I'm going to be out there on January 27th in Berlin. I'm going to be speaking at an event and also I will be hosting an elite workshop. So if you guys are interested in going for the event I'm speaking at h10.me/germany. So h10. h10.me/germany. All right, enough of the kind of like logistics here. I think, hopefully, if you're a Spanish or German speaking person, you got enough information there to take advantage of these. Everything we just mentioned is free resources for the community. But you know, you guys, let's start off with. What I like to do is because I don't. You know, I obviously can't speak German, so I can't listen to the episodes and understand what's going on. So I'm going to first start with you, marcus. What are some notable guests you've had in the year that really had like some really cool strategies or really cool story that you can relate to us?
Marcus: Yeah, really some really awesome guests and it's hard to make any kind of selection. But one recent one was from GS1, the company who is doing the UPC codes, and the employee. He told me that they are preparing a big change. They want to go in the next couple of next years from barcodes to QR codes and they call it as a 3D code, and that will be more than just a number to identify your product. That will have like access for you to, for marketing, for example, the customer. Obviously, obviously the shop can scan the QR code, see the price, but the customer can scan it as well and you can put your promotions in it or, for example, like giveaways, anything, and he says it will even support promotions day by day. You can have one promotion set on a Monday, something different on a weekend, or like if there's like a bad batch should produced, you can add it into that QR code and the cashier will know I shouldn't sell that. So there will be a lot of functions and features coming and I mean that's where that will be a big task. They will have to change all systems in all shops worldwide. That will be something very interesting for marketing.
Bradley Sutton: Huh, interesting, yeah, I mean because you know the traditional barcodes is kind of like what the world's been used to for so long, but the move to QR and having extra information, that'll definitely be interesting. Alright, going to Adriana now, the first kind of story that comes from your mind, or Stragia, or something that's one of your guests in the last year talked about.
Adriana: Yeah, well, one of the highlights is that we had Amazon join us on a call or on an episode for the podcast, maybe a couple of weeks ago, maybe two or three weeks ago and that was great because we had the opportunity to ask them stuff such as you know, what's up with seller support, how can we best go about getting an issue fixed and, let's say, something happens to your listing, your listing is down, or an FBA shipment, or you know, these things we deal with as a sellers on a weekly basis, right, and so that was a big one. I was very excited to have them on a call because, you know, it's our opportunity to get answers right, instead of, you know, searching in forums or asking other people. It came directly from them and they gave us really interesting tips for how to go about certain issues and also they shared with us really interesting well insights, of course, but also resources on how we can learn more about the platform, etc. Right, and I think that this is very valuable because it comes directly from the how do you say, the horse's mouth? Or, yeah, I guess, directly from Amazon. So that was a lot of fun. That was two weeks ago and, as I said, for me, the main takeaway that I got from them was basically how to work the seller support system to get them to answer and fix our issue, as opposed to getting you know, like the template response that we sometimes get when they don't understand. What is it that we need help with?
Bradley Sutton: I'm curious how are your own Amazon businesses going? Like, are you, do you think you're going to be up this year than before, or how things been going for you?
Adriana: So for me, 2023 has been a good year, actually compared to 2022. 2022 was weird. I sell in the outdoors sports category, so 2020 was amazing because, of course, at least the second half of 2020, because, of course, everyone wants to be out of the house and in some place. You know that was outdoors, not indoors at a restaurant or at a mall. So it was. It was a great year sales wise, 2021 as well. 2022. It had, yeah, I experienced a deep, I would say, because everyone was, you know, out and back in the clubs and the restaurants and the concerts and all of that. So people just forgot about outdoor sports. And then 2023 came back strong. Of course, I did focus a lot on my ranking and, yeah, basically, like optimizing my listing and all of that, my images especially. I was like you know what, like if I up my conversion rate, then everything else will fall into place in a way, you know, like my ads and all of that. I do my own PPC, but I'm like you know what, as long as the conversion goes up, then I can send as much traffic as I want via ads and it should convert right, Like it should turn into sales. So 2023 was great and I'm hoping for a good 2024. I want to expand my product line and I also want to work on getting more traffic to my website and, yeah, basically growing that channel too.
Bradley Sutton: Now going back to Marcus, what about for your Amazon businesses, your communities? What's some trends that you've seen this year like, especially since your community and you are mainly selling in Europe? Like are things in? Is there inflation in Europe? Is things getting harder? Is competition getting more? What's going on in the European Amazon market?
Marcus: It's an interesting question because, like over the years, I always got that kind of question is it still worth it? Should you still start Amazon? But that somehow that dried out. Everybody knows that Amazon is big and I mean like yeah, like the whole world is in a tough time, I guess, right now. But as I see it, like Amazon sellers, they are doing good, they're doing well.
Bradley Sutton: On the strategy side. You know like one of your specialties and you have people in your community who are specialists about this is like photography and things like that what do you see as kind of like working? Now, what's some tips you can give the audience about, like how they can really make sure their image deck and or videos are really better than the competition?
Marcus: Yeah, actually I have two photography related tips and first one is from JP. He was a guest in the podcast. He's quite young guy but like living the dream, traveling to through Bali, Thailand and doing Amazon FBA. He's like selling a lot and he also started a photography business. But he has a totally different approach. He doesn't need your product. You're providing photos from your smartphone. You get a tutorial. You have to send him six photos from every site and here's a team who does a 3D rendering of that product and, um, that way he's at a price point that's just a fraction that you expect for a product photography. And, yeah, his team will do a 3D model of your product that looks like totally photo realistic and they will put it into a lifestyle photos, put it into Infographics and send you the whole products as a product shots that you expect, but without touching your products. And I mean one.
Marcus: One thing is interest. It's interesting for people who sell, who just start out, or sell products that have like two thousand five thousand dollars of revenue, but also people who don't have time, because imagine your product is being produced in China right now and you don't have a master sample right now and as soon as the first product is finished in China, you can ask your manufacturer Do these photos for me with your smartphone, send it over. He does your product shots and the moment your delivery arrives in your local warehouse, you already have your listing completed. By the way, that website is JPD Dash advertising dot com.
Bradley Sutton: And yeah, that's what I think I remember. You know, I again I remember. I don't, you know, I don't speak German, but I remember that episode because I look at the videos just just like see how they look. And he looked like a, like, a Like, almost like a, like a tick tock celebrity or something like crazy, crazy hair right, yeah, okay there. There we go cool. So that, yeah, that's interesting because Just recently, amazon announced that there's no longer going to be the three hundred and sixty degree Images that have been for a while. Like, if you look at the project X coffin shelf, it has it like we didn't we didn't put it there, amazon just did it themselves. It's being replaced with a 3D image that I think you can you can still like, turn around and then they were saying that all they need they're making some kind of app where you can actually take the images with your phone, and then the Amazon app, I'm assuming, or something, yeah, and then submit it. So that's interesting. You know Concept, because you know, like, I'm still using, like, traditional photography studios and that's. You know, logistically, you know you have to send the product there and then they you know they have to shoot it. So have you seen images that? Or have you seen listings that actually came from this model where they just take the pictures and they do it 3D and it looks realistic, or what's your experience with looking at?
Marcus: Yeah, I mean, I saw it on his listings he sells thirty thousand units a month, and he's just using his service, of course. How many units thirty thousand a month is selling? Europe, US, Japan?
Bradley Sutton: Wow, it's quite, quite busy cool all right, so that's a good one. Let's go back to a either a strategy or some kind of cool story from your experience.
Adriana: Yes, going back to technology, per per Marcus comments I feel like many people, many sellers, that want to Be able to grow without having to invest all of their money into, you know, launching a ton of SK use or Paying people to to write blog posts for them or kindle books for them, etc. I am seeing how many people that come on the podcast. They say how they Work with either either they do and themselves, basically they they use to create content. They are using this To, such as me, journey, etc. Ai tools basically to help them create content, to help them generate user generating content, etc. Right, and so I chatted with Casspin. She was episode 90, actually episode 100 a couple weeks ago and she was telling me how she will.
Adriana: First of all, the way she Gets ideas on how to expand her product line. She goes to her competitors stores and she's like, okay, let me see what else they're selling, right, and they some. And she sometimes finds ideas that way for complimentary or supplementary products to grow her product line and she says that it's actually very easy to launch this new SK use because, of course, you already has the Relationship with the manufacturer and it's a matter of basically just sending other products that can be, that can actually, you know, sell on their own or become kids, right, or become a brand new SK you and she was telling me how she even launches act With every SK you that she, or with every main product that she launches on their her brand. And so, of course, she, she can do this very easily because she can either get a BA to write it for her that that content for the Kindle book, or she can do it be a chat GPT, which I think it's like you know, this is something we couldn't do maybe a year ago, right, and that way, she, of course, she adds a thank you card inside of the store and then you know, for them to get the free Kindle book, because it's, I feel like people see a Kindle book Like a more valuable, I would say, gift as opposed, as you know, like just like a regular, regular PDF. And so you know she tells them that they will, that she will give them that Kindle book, access to the Kindle book, for free.
Adriana: And then she gets that email and then, of course, through email marketing, basically she sends a coupon For, you know, 10% off, 20% off, so they shop the product via her Shopify page, basically right, and that's how she starts creating her email list. And then, of course, she has when, when people visit her site, her Shopify site, they see that she has, you know, six or eight SK use, right, and so people, I feel like six or eight SK use, it's a good enough quantity to you know, for people to see like, oh, you know, this is a legit brand, right, like this is not a brand that you know, only has one product and that's it. And she says that it's like a fairly easy and it doesn't exhaust her, basically her resources to launch up, you know, like a complete brand off of one product. Really, you know she finds the main product and then she gets ideas on what else to add, what other SK use to add and, of course, grow her Shopify brand.
Adriana: Get that images from either me, journey or, you know, get different variations of the content, charge EPT for the, for the text, for the Kindle, or, if you want to, I mean you can create the first draft with charge EPT and then have a VA. Basically, look, you know, do some editing on on on her part, and that's about it, and I was like, okay, I mean that sounds like like something we can all do. Even I feel like when I have some guests in the podcast, I tried to find Useful information for sellers that are starting out and that maybe they have a full time job right and they don't have, you know, eight or 10 hours a day to put into this business. Or, and maybe they don't have a ton of you know money to put into the business. So, finding ways to basically leverage technology and leverage you know help from VA's etc. To to build a brand and, you know, have a brand in a matter of maybe six months.
Bradley Sutton: Okay, she doing this in English or Spanish English, in the US market English, okay, all right, cool, marcus in. Let me give you a couple scenarios here. Talking about Amazon Europe, under what scenario would you suggest somebody in or outside of Europe to, or would you suggest that they only launch in one marketplace to start like, hey, you know, go ahead and start in UK, or go ahead and start in Germany? Or would you always recommend you know, you should go ahead and take advantage of the Amazon Europe network and at least start in a few marketplaces? Is there a scenario where you would suggest one or the other, or it's all one or all the other?
Marcus: I mean, like it's up to you If you're from the US, you could start in UK and you already can reuse your listing, your PPC campaigns, because it's the same language. Germany is the biggest market. That would be also a great test if your product works in Europe and if it works in Germany, you could go to the smaller markets. I mean, france is still a quite big, italy and Spain as well, and then it gets a lot smaller. But yeah, that could be a good strategy to start in one of the bigger countries to test your product and then go all Europe.
Bradley Sutton: Okay Now, as far as those smaller ones go, like are there any that you think is going to one day become, you know, better than the others? Because I think the core five is the UK, germany, Italy, france and Spain, and then like there's a big gap, you know, between all of the new ones Like I forgot, like Netherlands and Poland and a bunch of others. Like are there any of those lower ones that you think are better than the other? Or they're all kind of just like equally low?
Marcus: Yeah, I mean, it's a question of the population and I guess, like the Scandinavian countries are also very interesting. But yeah, you already named the top countries for the moment.
Bradley Sutton: Okay. So now I'm just curious about like VAT and things like that. So let you know, there's obviously not an Amazon in every country, so I'm assuming that, or you correct me if I'm wrong, but if I'm living in Austria, am I ordering from Amazon Germany? Or what website am I using if I'm just living in that country trying to buy something?
Marcus: Yeah, actually, austria shares the website with Germany. You order from the German website.
Bradley Sutton: And then. So in that case, like I know, like with for VAT, do I have to have VAT in every country? I'm selling things in from day one, or it's only until I hit, like a certain kind or amount of revenue in that country. Is it by country or by marketplace? But and what I mean by that is all right, well, there is no marketplace in Austria, so does that mean I never have to have a VAT for Austria? Or or how even does this work, because I've never sold it?
Marcus: over. That's a good question, and that's where it gets a bit complicated. So Austria shares the website with Germany, but there are warehouses in Austria and as soon as you got your products in the warehouse in that country, then you have to register for a VAT number in every single country that you have your products in and regardless how much you sell. Yes, and Amazon has has has a program for that, where they help you with that VAT declarations.
Bradley Sutton: Back to Adriana another story or strategy that you can share with us.
Adriana: I interviewed Noemi from Spain I know there's a big, big community in in Spain that basically they, they do Amazon full time and she was telling me how actually she works with another two partners I have one of her partners here at the podcast too and she was telling me how she is growing her Amazon business through Amazon handmade. And I was like, oh interesting, because I mean, yeah, I mean I guess we usually we focus on, you know the regular Amazon program to launch you know products. And she was telling me how she works with people, people that artisans I wait, yeah, that's the correct term, right, artisans, is that a term in English?
Bradley Sutton: Yeah, I mean, that's English, but it's too fancy for my language. But I know what that means.
Adriana: Yes, she basically so. She likes doing, you know, handmade stuff for herself too. But she started basically connecting with artisans in Spain, apparently and I didn't know this I mean, I've traveled to Spain for, for vacations, but I haven't, you know, spent much time there. But she was telling me that there's a big, big network of artisans in Spain and of course, as she was saying this, I was like, oh my God, I mean I'm from Mexico and of course, there are a ton of artisans here in Mexico, like a ton, ton, ton, especially cities such as, like, of course, Mexico City, Guadalajara, etc. And she was telling me how she has scaled this, because that thing I guess the first thing that comes to mind to us Amazon sellers were like, yeah, but how are we going to scale this, this business? And she's managing I mean she's, she's managing to scale her business because she, of course she doesn't do or like work on this product herself, of course, right, Like she has a network of artisans.
Adriana: And I was, I was thinking, as she was telling this to me, I was like yeah, that's true. I mean I see, when I travel to the US, how much more expensive, or like highly priced, these products that we manufacture in Mexico are selling in the US, right? Only because they're like unique and they are and they are just like more attractive than you know like the regular products. And I was like, oh, wow, this is interesting. Like I guess I always knew that there was that option over there, but I just didn't see how we could scale that. But it makes sense. I mean, if you just work with artisans and you already know, you know like you start and of course one artisan connects you with another artisan and that's the way it goes and she's I mean, she sells a lot of, you know, at the end of the day, a lot of units of different SKUs and you know the price point.
Adriana: That's at least where my mind went right. I was like you have no competition really, because if it's something very unique, then of course you can play with your pricing strategies, but usually you won't be concerned with you know someone else, that competitor, lowering their prices or you know going 30% off. You know of the sales price, etc. So I was like that's interesting. I mean, even you don't have to be selling a ton of units a day to be making good money, because if you have 40% margins or 50% margins or even more, because I've seen in, you know in the US at the retail shops how they sell Mexican or yeah, artisan you know this type of products and they sell and I'm like what the hell like, do people buy these products at this price? And I know how much they go for in Mexico. So I was like, oh, this is very interesting. And so I thought that was a very interesting. I think that was episode 98 with Noemi. She's based in Spain and yeah, I mean, Spain has a big next to us.
Bradley Sutton: Is she doing all of this in Spain, or is she doing this in Amazon USA?
Adriana: No, amazon. No, she's doing it in Spain and I think she expanded already to Europe. Basically, you know how they have that.
Bradley Sutton: I didn't even know there was Amazon, handmade in Europe, in Spain and other. Okay, interesting yeah. It's like oh interesting because definitely a way to make it the key, that of that you mentioned, there is the no competition. You know, like, like. This is a very unique product. It's not a cookie cutter, you know, by definition. So I like that Back to Marcus. One last story or strategy from you.
Marcus: Yeah. One last story that's from Michael. He doesn't sell on Amazon. He runs an Amazon agency called me to you, but he's like the Amazon detective. He's every day on the website looking what is Amazon testing right now? What, what did they change right now? What do other sellers miss? And he's like he comes with the craziest things. And one thing he told me, like would you start to sell a drinking bottle on Amazon? I mean that's like super competitive, me probably not, yeah, and I mean everything is the same. You just fill water in it and that's it. So it's difficult to stand out and there's a company they found a way to differentiate themselves. It's called Arup and they have a small cartridge on top and you can get it in all kinds of flavor, like sherry, melon, whatever. And when you drink your water you still drink 100% water, but you breathe the sherry flavor. So your mind is drinking like sherry juice, but you're still drinking 100% water. But the thing is he pointed out that they just sell the bottle and the cartridges. But if you have, like, all your different flavors and you want to change them during the week, what do you do with your cartridges? So you need like airtight, sealed box for it and people are searching for that. You can see it in Cerebro but they don't sell it. They just concentrate on their bottle. So every Amazon seller should find like an imagine like Apple are selling just their iPhone and you can sell chargers and cases, like I bet there's like in every niche there's something, yeah, and it's a big innovation and the company is just focusing on the product. So, yeah, that was a really awesome takeaway to look for.
Bradley Sutton: Two things there. Number one is never think that a niche is 100% saturated, because there's always, like, a fresh idea you could bring. And then number two you don't always have to be the one that has that idea, you know, let somebody else come up with the idea. But then how can you take advantage of that? Like, is there a unique storage or a unique accessory that's needed?
Marcus: Maybe even a coffin shelf to store your cartridges.
Bradley Sutton: Hey, there you go. Hey, coffin shelf to store your water bottle cartridges. I'll get on that Okay An episode. I'll give you guys, or everybody here, a preview of a coming episode. I'm launching some new project X products and one of them is a bat shaped bathroom mat or rug and that potentially might make a coffin one as well. But you know, the possibilities are endless and that's one of the ways that you could also get into saturated niche is take a saturated niche like bath mats you know like they're going for like $10, you know who knows how they're even making margin on it. But then do you bring in a unique material like make a bamboo one, or make a coffin shaped one, or a bat shaped one for like spooky. So you can almost take any niche on Amazon that's saturated and just come in with a unique idea or unique design or unique material and now all of a sudden it's not saturated because you're the only one who has that. All right. So I'm going to ask for your final strategies, your 30 second or 60 second tips. How can they find you guys on the interwebs? They know how to find your, your, your Helium 10 podcast, but both of you have, you know, audiences and communities out there. Marcus, how can they find your communities on the internet?
Marcus: You can look on YouTube for Amazon FBA by Marcos and everything else is linked inside the videos.
Adriana: For me, my YouTube channel is Adriana Rangel Vende. Just like that, adriana Rangel Vende, and yeah, in there, there you can find everything else that I have going on, and I have a free like 90 minute like masterclass. I would call it because I go from product research to like keyword research, to what kind of keywords you need to put in your listing, et cetera. So, yeah, I would. For people that maybe need some free resources to kind of like figure out how this works, I would advise you check out that video. Adriana Rangel Vende in YouTube.
Bradley Sutton: All right, adriana. Like, do you have any last, maybe 30 second tip or parting words of wisdom for the audience out there?
Adriana: Yes, well, you know, one topic that I've seen guests come with and share with us in the podcast has been basically focusing, you know, at the first. You know, when we start our business in Amazon, we usually focus on launching products right, and launching new variations, and doing your PPC and ranking and all of all of these activities that we have to, of course, take care of. But one topic that has been coming up very often in the in our episodes here at the podcast is that we at some point, especially maybe like two years into the business, we need to focus on growing our team, right, because if not, we'll get burnt out at some point, right, like I know that happened to me and now I'm working, I already have a VA and, of course, I already have a designer that helps me, of course, with my you know, my products, my listings and also for my thumbnails for my YouTube channel. Like, he helps me for a ton of things, and I feel like that is the way. You know, that marks a big difference between someone that is making, of course, a few thousand dollars a month in Amazon and, you know, the seller that is doing several dozen thousand dollars in Amazon a month.
Adriana: Right, because you cannot do it all by yourself, and also so you keep your motivation right, because at some point, whatever it is that you are doing repeatedly and that you're doing for 10 hours a day or 12 hours a day, after 18 months or 24 months you're burnt out. As much as I mean you can love it, but still you know your body gives out. So that is something that I would like people to start thinking about. Maybe this is your first year in Amazon and that's fine, but maybe start listening to you know these episodes where people such as Rolando and I know you had Rolando Rosas in the podcast because he speaks English too you know Juan David as well talked about this, rod as well talked about this, and I think it's just like very important to start planning this before it's like, before we're like burnt out and it's too late, right, and that way we get we can scale faster and just like with less effort.
Bradley Sutton: What's your Adriana, what's your hobby or what you do to take your mind off of work? You take off your mind off your Amazon business, to you know. Relax like what do you do for fun.
Adriana: Yeah, well, before I got into this whole Amazon business world, I was in the art business. So I of course like to, you know, business museums and you know, if I can business museums with friends and all that that you know, the better, of course. But I try to yes, to, even if it's like at nighttime, right, like I try to consume content that it's not, or like even listen to podcasts that are not like business related. I basically try to put you know if it's after 8pm, even though, even if there's like this really good podcast episode, I'll watch it tomorrow at 6pm or whatever when I take a break from work. But I try to put like hard limits because I just do it. I mean, I just do it for the business, right, like I remember I saw this at the other day that says that says something about your performance of tomorrow basically depends on your recovery tonight. Right, you know something in that frame of words and so I think it's just very important because we talk about, we go on YouTube and we saw, we see everything about. Yeah, you know you can scale to blah, blah, blah and you can be making all this money, but you have to be feeling okay, right, you know, your body has to be healthy and your mind has to be healthy as well. So that is something to we cannot ignore, that, even if that doesn't sound like you know, like the sexy tip, I feel like that's as important, or even more. To grow a business, scale it to as big as as you want, really.
Bradley Sutton: Now, I like killing two birds with one stone. So my advice to you if you wanted to do that, go to the museum while listening to the podcast in your headphones, and then now you can kill two birds with one stone, all right. So, marcus, what about you? One last 30 or 60 seconds strategy or tip for our audience.
Marcus: Yeah, one tip I learned that will make a lot of changes. Amazon recently announced that they will look for title images that are not meeting the terms of service and they will use AI to change that. They will download your image, remove everything that doesn't belong there in their opinion and upload it again, and that is something you don't want. You don't want an AI to touch your title image. Yeah, and Michael from AMZboost, a product photographer, he told me, just use your picture, space number nine. Nobody looks there. Put a title image there that will meet the terms of service and because what Amazon is doing first, they will scan your product photos and check if there is something that is compliant to the terms of service and they will put it to spot number one as your title image. And if they don't find something, they will change it in their terms. So that's an awesome hack.
Bradley Sutton: Wow, I never heard of that one. That's a really good one, All right, cool. And then same question to you also is you know, like me, that sometimes we can get and Adriana, we can get burnt out and if we put too much emphasis on work. So what are your hobbies, what are you doing to take yourself out of work when you need to relax?
Marcus: Yeah, my hobbies are working out. I've got my home gym in the basement and that's also a good place to listen to something. Or I go for a walk at the beach with my yeah EarPods in and listen to a podcast. That's where I get new content.
Bradley Sutton: Awesome, awesome, all right, well, guys, thank you so much for joining us. Wish you the most of success. You guys have had already a lot of great success. It's going to be really cool to see the next milestone for you guys, I would say is like hitting that 10,000 downloads per month. I never thought that would ever happen, but the numbers that you guys are doing are getting close to that, so it's probably within the realm of possibility. But I wish you the most of success with your podcast communities and also your Amazon businesses, and we'll see you next year.
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| #516 - Amazon PPC Strategy and Insights Deep Dive | 09 Dec 2023 | 00:43:24 | |
Get ready to immerse yourself in an enlightening discussion and AMA session with Matt, an expert in advanced strategies and Amazon PPC. Join us in this TACoS Tuesday episode, as we answer questions about variation listings, auto campaigns, broad campaigns, and ranking. We also take a peek into Matt's impressive background in e-commerce, recounting his experiences with selling textbooks and private-label products. Hear us as we dissect Amazon's latest data tools like Product Opportunity Explorer, Search Query Performance, and Brand Analytics and discuss how these can help sellers optimize their advertising strategies in this highly competitive market. As we journey deeper into Amazon PPC campaigns, we touch on our “north star metric” of two sales and a click-through rate above 0.2%. Learn about the significance of negative matching and how to identify underperforming keywords using the search query report. We also shed light on the benefits of using software like Pacvue for automation and analytics and how it can save you time and effort. Plus, discover the advantages of day partying and understand the impact of different match types on campaign creation.
Lastly, listen in as we dissect the topic of Amazon PPC and how to leverage it to drive sales and boost profits. We share the calculation for adjusting bids based on target ACoS and emphasize the importance of not solely focusing on ACoS as a metric. We also touch on the recent announcement of Sponsored TV and its potential for both large and small brands. Tune in as we demystify the misconception that PPC must always result in immediate profit and share strategies for effectively utilizing broad keywords despite their increasing cost. This episode is packed with practical advice, insightful discussions, and cutting-edge strategies to help you win in the world of Amazon selling.
In episode 516 of the Serious Sellers Podcast, Bradley and Matt discuss:
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Bradley Sutton:
Today we've got one of the world's foremost knowledge experts on Amazon Advanced Strategy and PPC Matt back on the show and he's going to be answering all of your questions live, as well as answering a lot of my advanced questions on things like variation listings, auto campaigns, broad campaigns, ranking and much more. How cool is that? Pretty cool, I think. Want to keep up to date with trending topics in the e-commerce world? Make sure to subscribe to our blog. We regularly release articles that talk about things such as shipping and logistics, e-commerce and other countries, the latest changes to Amazon Seller Central, how to get set up on new platforms like New Egg, how to write and publish a book on Amazon KDP and much, much more. Check these articles out at h10.me forward slash blog.
Bradley Sutton:
Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that is our tacos Tuesday PPC show of the week or of the month, I should say where we go in-depth into anything and everything Amazon advertising with special guests that we have, and this week or this month we're going to have a special guest. We're going to invite him up. We're having some technical difficulty. I'm here at the Helium 10 office actually here in Irvine, California, today. So I don't have my regular setup here, but wanted to make sure everybody's having a great Q4. So far, all right. Let's go ahead and bring up our guest of the month, and it is Matt from Clear Ads. Matt, how's it going?
Matt:
Good, how are you doing, Bradley?
Bradley Sutton:
Doing awesome, doing awesome. Where are you actually watching us from? Where are you located?
Matt:
So currently in London. So we're here in London for the next few months, but we moved to Spain about six months ago.
Bradley Sutton:
Oh, nice, how's that been.
Matt:
We're in Barcelona. It's been great so far Loving it.
Bradley Sutton:
Awesome, awesome. Have you been to any FC Barcelona games since you've been out there?
Matt:
We haven't yet now, but it is at the top of my list.
Bradley Sutton:
Yeah, I've been to a couple when Messi was still there. Of course, those are good times. Love Spain Now, just in general. We've had you on the podcast before and you gave us really cool strategies in general. Today we're kind of going to be focused on PPC. That's like one of your specialties, but can you talk a little bit about your background and how you came into that Amazon space, if maybe somebody might be listening to you for the first time?
Matt:
Yeah, definitely so. Been in the space since around 2011, started in college actually selling textbooks and retail arbitrage, so did that for about three to four years. Kind of scaled up my bankroll to where I could get into private label and jumped at it and honestly launched a bunch of crap. We did really well for a few years until a lot of the manufacturers just started going direct to Amazon and had some pretty bad years. But pivoted, got into supplements and food and that's been for like the last six years.
Bradley Sutton:
Awesome. Now you are known for a lot of like really next level strategies. We've had you before at our elite workshop and things. And so thinking just first of all, I mean it could be about PPC, but just thinking outside of PPC, almost with all this new data that Amazon has come out with in the last couple of years, I mean I think a lot of us were even surprised years ago when Brand Analytics came out. And then nowadays, search career performance and things like that, this is stuff that I would say I don't know about you but me. Like four years ago I would have bet $10,000 that there's no way Amazon would ever tell you exactly how many sales are coming from a non-normalized search and what the click share percentage of top 10 competitors are, and this and that I mean people were paying Amazon employees thousands of dollars for these underground reports that weren't even as robust as what is now available for everybody. So what's your favorite thing? I'm assuming it's search career performance.
Your favorite thing that Amazon has come out with? And then what part of that especially do you think is super powerful that Amazon sellers should be using?
Matt:
Yeah. So I would definitely say search career performance is up there. I would say they haven't changed too much about it in the last like year and a half, but really, where we've been getting a lot of knowledge and data from is Product Opportunity Explorer. I would say like this used to be kind of bland, like years ago. They recently updated it, and the amount of data that they are giving you is insane. I mean, they're telling you exactly if you sell such and such supplement. These are the 15 keywords that matter. Here's the trends on that, here's the seasonality. Like every data point that you really need is there, and that's what you need to win on, I would say. The other big one, though, is the new reports in the brand analytics, where it's giving you greater details into your customer segments. So, like we sell and consumables, and we've always kind of taken a strategy on ads that's hey, like, even if our cost is 100%, what is our cost per net new customer? And we were trying to manually calculate that previously, and now they're telling you specifically by week, how many returning customers, how many net new customers you have. So it's really helped us dial in the ads for that specific strategy.
Bradley Sutton:
Okay, cool, like. One thing I always liked about Product Opportunity Explorer even when it was kind of bland, as you said was seeing how many, for example, how many products it took to make up or in the old days, 80% of the sales for the entire niche. Now they kind of like, without even announcing it, they change it to 90%. But then it'll be interesting to see that you know some, you know quote, unquote markets or niches, what they call it you know, would have like 200 products, means like it's kind of like wide open, it takes 200 products just to make up 80 or 90% of the sales. And now you know there might be some where it's like only 40 or 10, you know like or like wow, there's 10 people dominating this. Now how would you personally use that information? Like is one or the other like better than the other?
Matt:
Yeah, so the great thing about Product Opportunity Explorer is it really shows you what keywords are driving the sales for those. So more than how many products are there we're looking at, are there branded terms that are in the Product Opportunity Explorer. So like an example that we were looking at this past week was for a floor cleaning product and we saw that of the 20 top like 50 keywords, bona was one of the main sales driving keywords. Like, even if there weren't that many products in that category, we aren't going to be able to overcome that branded search deficit. So it's just not something that we would go into Um, but we definitely prefer to go into categories where those sales are spread across more Um. The main reason for that is we really like to do kind of um I would call it kind of like tailgating. We like to kind of stay behind everyone and we'll pull like 10% of the sales from this person, from this person, and you can kind of pick off keywords from certain top products and they may not notice that you're coming up and then you can really use that to catapult yourself to the top of the category before the rest of the products in the category realized what's happening.
Bradley Sutton:
Interesting, interesting, all right Now. Just, you know switching gears and going, you know kind of like PBC. Let let's do like some kind of beginner question, then let's do some some, some, some advanced things. But just, I always ask a lot of the, the the tacos Tuesday guest, about their strategy on this, because I think this is applicable almost to any level of seller. But what's your, your kind of like rule set as far as uh, when you promote keywords from like an auto or broad to to an exact, and also when you negative match on the promotion side, like, in other words, like are, are you looking for at least you know just one sale, or does it have to be two or three, like in the auto and then, and then, and then you, you put it in um or what. What's your criteria for for moving something from an auto to a exact?
Matt:
Yeah, so short answer. We're usually looking for two sales and a click through rate above like 0.2% Um. That's kind of like our North Star metric Um, but it really depends on the strategy of that campaign. Um, like, if we're wanting to run a lot of just awareness, we're going after ones where we may not even have sales at all but we have a high click through rate because it's a discovery keyword, that someone's kind of navigating that category with Um. So it varies, but typically it's two orders and above like a 0.2% click through. Okay, Awesome.
Bradley Sutton:
On the flip side, when are you negative? Uh matching, like uh, is it a certain number of clicks? Uh, is it a certain number of clicks that, uh, you have to have? Is it spend that you're looking at without a sale? Um, and then the follow-up question to that is are there scenarios where you're like not just automatically negative matching but you're like, oh shoot, this is like an important keyword. I got to figure out why in the heck I'm not converting on it before I go and just blindly negative matches. So it's kind of like a two prong question there.
Matt:
Yeah, Um, so this is, this is where really the search query report kind of data comes into play. Um, we're looking at, hey, like for competitors, um, like, is this performing? Kind of what's happening? Why aren't we getting sales? Um, we'll go ahead and test, possibly changing out our titles, our images, um morph towards those keywords and seeing if we can produce some sales through that. Um, but again it kind of goes back to, like, you know, the, the, the, the sort of focus that we used over a year and a half. Back to like, what is the source of that keyword? Is it really a converging keyword? Is it a discovery keyword? Like, we have a few keywords that we spend thousands of dollars on a month on my own brands, where we maybe get one or two sales Like it's out of loss, but we know it's a keyword that someone that's looking for a type of product uses is like their first term when they're trying to figure out which one to buy. And we just want to make sure that we're always top of mind really hard to like, distinguish that out and see that you were getting benefits from that. But now we're able to go a little bit deeper in that funnel and see that like yes, this is actually driving sales further down the funnel for us.
Bradley Sutton:
Okay, cool, cool. Now on the more advanced side, like you know, as I just threw on my, my pack view, my pack view jacket here, what, what are you? You know, like I know you've been using pack view for a while, but you know somebody out there my in general not understand, like you know, some of these services. You know pack view is not like oh yeah, you know, $49 a month subscription, but no, it's, it's, it's, you know costs, costs some money to you. So at what point does does it make sense for somebody to to like say you know what, I'm overdoing these Excel spreadsheets, I need to use a software. And then what? What makes a software suite like Pacvue so valuable? Like, how to you know? Cause you're not going to be paying money for something for you or your business or your clients that doesn't give you good ROI. So why is it worth it for you?
Matt:
Yeah, yeah. So we've been using Pacvue for gosh almost like seven years now. I think we were one of the first like agencies at my prior agency to come onto the platform and we love it. Honestly, wouldn't go anywhere else. So first thing I did when we came to Clare ads, we actually started switching all the accounts over to Pacvue. But in reality I would say it's usable for every level of seller. But we've had a lot of accounts come to us that may be using it but they don't know how to actually use Pacvue to its full advantages. They aren't taking advantage of all of the automations and analytics that are on the back end there. But I would say, even if you're a smaller seller like in using something that, like Bradley said, is $49 to $59, like even though Pacvue is gonna cost more, you're going to get so much more out of it. It will make your ads been more efficient. You will see better results as a whole. Like make the switch now, because it's a lot easier to switch when you're starting out and you have very few campaigns. Like migrating accounts over that have 400 campaigns already. Like it starts to get hard and you've got to really rework a lot of that. So I believe in doing it right from day one, and you're gonna save yourself a lot of work down the line.
Bradley Sutton:
Now, one of the things Pacvue does that probably eventually is gonna come to regular sellers might have some visibility in this aspect, but it's kind of like the ability to do like day partying and things. So is that something that you guys actually do Like? Do you use that service of turning off ads or changing budgets at certain times of the day and if you are, what's your criteria when you're looking at that?
Matt:
Yeah, so we do use that on every single account. We use it in one of two ways. One is we're manually adjusting it based on, like our peak sales hours that we know of, if it's a high selling account. But on other accounts, Pacvue actually has an awesome feature where you can set up a day partying scheduler based on conversion rates, click through rates, number of orders by hour, and it will dynamically update that based on a trailing two week, three week period, whatever you set it to. So Pacvue really does a lot of the thinking for you and eliminates kind of that concern from your mind.
Bradley Sutton:
All right, let's see we've got from Dota In Amazon PPC campaign. Should I create one campaign containing an ad group for phrase match exact and broad, or should I create each match in their own campaign or like? So I guess he's saying like maybe he should have different ad groups in one campaign or do you just have like one ad group per match type, per campaign?
Matt:
Yeah, so I'll tell you why we do it a certain way. I would say this is definitely kind of interchangeable depending upon how you want to manage your campaigns, but in order to have full and absolute control you need to have a separate campaign for each of these. A good example of this is we had a client who came to us. They had a lot of mixes within their ad groups during Black Friday, cyber Monday, they upped their bids with top of search modifier and they didn't realize that it would affect their broad targeting terms, that they were spending like $7 on broad terms and just getting placements everywhere and tank the performance. So we always break them out into their own campaigns and then even from there we'll typically segment out, like superhero keywords, into their own single keyword campaigns.
Bradley Sutton:
Okay, excellent. Let me see we've got another one here from Kim Kim K. I don't think it's the Kim K. Hey guys, do you have a calculation that you use to determine how much to adjust bids? Longstanding sponsor campaigns with lots of history is the focus target. Acos, thanks to Vets.
Matt:
Yeah, so this is pretty easy. You can put together a pretty simple formula to figure out bids based on your target ACOS. So, off the top of my head and I could be saying this wrong we have it in Excel sheet. But you're really just looking at cost per click times, conversion rates, and then equals your ACOS over that. I would say we typically don't optimize any campaigns towards ACOS. I think it's something that's been brought up a lot across, like the Amazon ecosystem, and it's never really the best metric to look at. We've had a lot of accounts that have come to us where their sales have depleted over the last year, year and a half, and they're running very efficient. Like 20% ACOS. Tacos are like three to 5%, like the account looks healthy but you're undermining the daily velocity per keyword that you can achieve, which ultimately kills your organic ranks, and then you may not see it now or three months from now, but six months from now you're gonna be like what the heck happens and it's really hard to climb yourself back out of that pit.
Bradley Sutton:
Yeah, yeah makes sense. But just in general, before I go into some more specific ones that I had. You know, we recently had Amazon unbox and there was a number of announcements one of them being sponsored TV, that create a lot of buzz. But the question I think a lot of people have is is, well, that's still something, or maybe only for humongous, you know sellers like first of all, is that true, or is there a path to using sponsored TV for, you know, maybe there's a low seven figure seller, high six figure seller, and then is it kind of only for brand awareness, or do you think that there's? You know the way that they're doing it, sometimes with QR codes, you know, like on Black Friday football game that they had, where there's a direct to purchase link or is it more for brand awareness, do you think?
Matt:
Yeah. So we ran some over Black Friday, cyber Monday, across large and small brands and actually saw decent performance on quite a bit of them. I would say the biggest factor that really drove it was the quality of creative. A lot of our smaller brands didn't have the creative backbone to really fulfill a huge TV push like that, and that's probably the guardrail that smaller brands are going to have trouble getting over. Like you can't take a $200 video off the Fiverr and put it on TV and expect it to do well. So really focusing in on the creative and making it more like a TV commercial definitely helped for us. But we did have some very basic like stop motion slide animated videos with just some text over them and they did pretty well as well. So I would say it's worth trying out. Just make sure you're really narrowing down those audiences that you're targeting, because the CPMs on it are extremely high. But test it, put $20, $30 behind it per day and just really see what you can do. I do think this will kind of be a big lever that larger brands can definitely lean more into to increase that awareness as they tap out other pieces of DSP and Amazon ads. But smaller brands is like it's just as evil, even as a playing field. But the creative does have to be elevated.
Bradley Sutton:
Okay. William says should I expect to see profit from PPC? I rarely see profit, however, the volume of sales increases. Where I see profit Maybe he's kind of like talking a little bit of tacos here, or like you know people, I think the narrative nowadays when you hear, when you hear sellers, is oh my goodness, like PPC is so expensive, like I don't even know how I can be profitable. But it's not always trying to just make profit on the exact ad. Right, talk a little bit about that.
Matt:
Yeah. So like one question I always ask sellers that even like potential clients that come to us when they're complaining about profits or tacos or a cost, I'm like, what's your CPA? And honestly, I can count on one hand the number of people that actually knew their CPAs by product that we've talked to. Every other ad channel you look at CPAs, whether you're running on meta, TikTok, whatever you're looking at CPAs, and every time we've run the numbers the CPAs are way cheaper on Amazon than they are on any other channel. What that means is yes, probably there are some categories where you're going to run PPC at a loss, Like on my brain, main brands. We run PPC at a loss because it keeps our velocities up, it keeps our organic rankings up and you'll see those metrics in your tacos. So really, tacos is kind of your guiding light on that, but really setting in stone a target CPA and not adjusting your bids based on a cost or tacos. But as long as you're hitting that target CPA, you're continuing to see growth. That's what we really like to maximize towards.
Bradley Sutton:
Excellent, thank you for that. William Guarov says hey, amazon PPC is getting costly. What's a strategy to play with broad keywords? And then maybe I can piggyback on that and take a step back. Broad it seemingly has almost changed over the last year or so. I could kind of predict what would come with Broad. I would use Helium 10, magnet, I would do the smart complete and then I could see all the Broad kind of variations. I kind of know what could potentially come up here Now. I might have coffin shelf as a Broad match and then I'll get thrown in like Gothic decor, like not even the same, doesn't even share the same keyword, and so maybe I'm not sure, if that's what he's talking about there, how it might be getting more expensive. And then if, if so, like, like, how do you deal with that?
Matt:
Yeah, so I'll answer this and I'll answer more about kind of what you went into, Bradley, because I think that's a bigger picture that people need to look into in the future of Amazon. But really when we're running Broad, we're running modified Broad campaigns so that we're at least trying to get more exact towards what we wanted. I will say it doesn't always work. Sometimes you still get those keywords way out of left field, but you have a bit more control. But I would focus again really on the search query performance data and the product opportunity. Explorer, like Amazon, is telling you specifically what keywords are being searched and what's being purchased. Broad isn't as useful for us as it used to be like. All that data now is getting piped back to us and using Helium 10, using Pacvue, you can find pretty much every keyword that's going to be a converting keyword. The biggest thing that we've seen Broad actually do for us here recently and I would say for the last six months, is it's allowed us to catch on to like TikTok trends that are basically going viral and it's picking up those keywords quicker than we would be able to pick them up. So that has been a huge opportunity. But there are a lot of other, like TikTok, specific tools that you can use to kind of find those trending things to get them into your ad campaigns.
Matt:
The bigger thing kind of on how Broad has expanded is Amazon, like Google and other search engines, is really kind of shifting towards a semantic search, which is why, like you're coming up for Gothic decor and things like that and you've probably heard other people in the space talking about semantics this has been key in, like Google, seo for the last few years and it's only going to get more and more relevant in Amazon as Amazon starts to switch more towards an AI learning model for their specific search. So a lot of what we've been doing and working on is, for example, typically if you're creating your listing, you'd find your keywords through Helium 10, you'd use Scribbles to craft your listing, make sure you get all your keywords in there, but, like in your example, gothic decor that is a huge semantic keyword that is relevant to your coffin. We would go ahead and put that on the back end or try and figure out how to fit it into the bullet points, because it's just a checkmark that Amazon's looking for now because semantically they're saying you should say something about Gothic with your current product and a lot of products that we've been optimizing towards this on, we've seen success like crazy, probably more than anything else that we've done in the last year and a half.
Bradley Sutton:
Okay, interesting, let's see. Guarev has another question here. What would be the ideal ratio performing and non-performing keywords in broad? Not sure if I understand that question fully, but do you know what you might be listening for?
Matt:
Say like in broad you're going to have a lot more non-performing just because of the control factor. Unless you're using a lot of negatives, negative phrases, throughout it, I would say we don't really look at the ratio of performing and non-performing in broad because really where we're caring about performance is on our exact match. We aren't caring as much here. We're using this to seed keywords, so even if they are performing, they aren't staying in broad that long if they are. So typically for us it would be like 90 to 95% are non-performing.
Bradley Sutton:
Okay, Now switching gears to auto campaigns. What's your strategy as far as, like the close match, loose match substitutes? Do you keep them all in one campaign or do you actually segregate those targets in separate auto campaigns?
Matt:
Yeah, so we actually mix it up. We've seen hit or miss performance on these when we break them out, for whatever reason. Sometimes they work better even with the exact same beds when they're all together. I don't know why that happens, but we typically test both and then whichever one's performing, we pause out the others and let one continue on. We do do a lot of negative matching in our auto campaigns that we're bidding on elsewhere, but we do also always still run a super low bid auto campaign. We negate out brand of terms and run them at like 30 cents per click, and I was just looking at account before I hopped on here Last week one of them got 135 sales for like $22. Like these campaigns still work, I've used them honestly as long as I've been selling on Amazon and we always set them up for all of our products.
Bradley Sutton:
Now, going back to software, software like Pacvue Adtomic. One cool thing that we can do is I could just see a search term, but not just at the campaign level. I could see it in all campaigns. Like, let's say, in an auto campaign, for example, I got a coffin shelf and in that campaign I had 40 clicks and zero sales. And let's say I felt that it wasn't too relevant of a keyword. I'm like, yeah, I don't want to keep spending money on this. Obviously, at 40 clicks I would negative match it. But with the software I can see that, hey, it's getting impressions and clicks in a broad campaign over here, maybe an exact campaign over here, but in those campaigns there's only like maybe five clicks. So, theoretically speaking, if I was just looking at that campaign in isolation, there might not have been enough information to be a negative match. But since you have so many negative or clicks with no sales in one campaign, do you just go ahead and say you know what, across the board, I don't want this keyword showing up in any of these campaigns. Or do you let the number? Do you let it roll? Do you let it ride in those other campaigns?
Matt:
Yeah, so great question. This is actually a feature pack view that we use every single day because you see a lot of variance in this and even like moving keywords over to exact match. But it may be in phrase that have dead like a third of what your exact match one is. Whatever reason, the phrase one is serving like crazy and you're getting sales. The exact match one isn't. So we look at this daily and we're trying to figure out one like why isn't our exact match getting served? Like hey, what's going on here? And adjusting the bids and keeping a close eye on it. But typically if we're seeing performance elsewhere, we'll keep it on, mainly because we don't know exactly where that ad is appearing Like. I mean, we now know like top of search, rest of search, product pages, but we don't really know granular details. This is also something that pack view does really well. When you have your share of voice turned on, you can see exactly where your ads appearing and what placement, what percentage of time. So using pack view or actually I don't know any other tools that do it as deep as pack view does on that We've been able to really narrow it down and figure out like, hey, this one's performing really well and slot four of ad positions. Like we can't get served for this one and slot two or three, and we can readjust our entire strategy for that keyword for position four and actually set up automations in pack view to make sure we're always in sponsored position four.
Bradley Sutton:
Nice. Now, speaking of that, how are you keeping at top of search? You know like I'm kind of old school where you know you're more old school than me, but you know like in my days when I first started learning PPC, there was no, you know, top of search modifier and things like that. You just raise and lower the bits and I kind of kept doing that because, like you know, I obviously with helium 10, like I'll turn on the boost and keyword tracker and it's checking 24 times a day, rotating, you know addresses and browsing scenarios. So I kind of like, no, am I showing up in top of search and sponsor or not? And I've just kind of like kept doing that. Now, are you still doing that, or do you use those those? You know like, hey, I'm going to go 200% for top of search or some kind of formula like that.
Matt:
Yeah. So I'll say when the bid modifiers first came out like they were amazing. We could bid like 60 cents with 900% top of search and get crazy conversions and everything was great. Too many people are using them now and it's kind of just a battle of who's going to pay more to get that position. What we've actually switched most accounts over to is actually using pack view organic and paid position bidding. So we'll set up rules to basically increase the bids until we're in position one and that will like set our new base bid if we're going for top of search and then we'll use that and then look at our percentage of serving time through pack view into that and adjust as needed. Like. One nice feature is you can set like I want a 90% top of search share of voice for this keyword and pack view will automatically update your bid without the modifiers, because sometimes using the modifiers can get out of hand quickly and you could spend your whole budget and one day, if the keywords big enough, within a few hours on one of the 50 keywords in your campaign. So we really rely on pack view to figure a lot of that out for us and optimize the perfect position for ads and we've kind of stepped back away from modifiers. The one place we do still use them quite frequently, though, is product page modifiers. We do a lot of product targeting where that's really what we're going after, and it does seem to still work well for us there. Rest of search hasn't been a great modifier for us as of yet. We have better success using set rules and pack view to manage that versus the rest of search modifier.
Bradley Sutton:
OK, cool, I got a fight to bring that into Adtomic. I didn't know that pack view had that Nice Two part question here from Duda how do you use these keywords Electrolyte protein phrase match and then electrolyte protein powder phrase match? My issue is that they are my main keyword but they generate different variations in customer search terms with different variations. With only one click or two, the most Out of those 50 different search terms that get that those main keywords are generated. How do I pick those that convert it? So I'm assuming that he's got two targets here and that maybe he's getting clicks on a whole bunch of long tail versions of this. Perhaps, if I'm deciphering this correctly.
Matt:
Yeah. So it depends on how that campaign is set up. So a typical phrase match campaign for us we would never put those keywords into the same ad group or campaign because electrolyte protein is electrolyte protein powder phrase. If you do have them split out into separate campaigns, if you have different bids there, one's going to serve over the other always. You have no real control in that. So I would say if it were me, I would just do electrolyte protein as a phrase match and get rid of any type of variation possible and use that as my guiding light. If you aren't getting served typically I know that's a high volume category your budgets probably aren't enough within that campaign to keep it serving constantly and you're getting middle of page or bottom of page placements. So that's how it's getting your budget throughout the day. I would test increasing the budget on that campaign and seeing what it scales up to and you'll probably see a bit more even click distribution between those.
Bradley Sutton:
OK, Cool. Sergio has a question here. Hey say, when launching, you tell your friends and family your brand and your product and hey, go buy it. Should I do an exact campaign for the brand name so they don't have to scroll? So first of all, at least it's good that you're like, don't be doing search, find, buy things or something which it sounds like you're not. Otherwise you wouldn't even have this question and hopefully you're telling your friends and family, do not leave your reviews just at all, to make sure that you're not getting in trouble with Amazon. But yeah, if you're trying to get your friends to support your product, I mean I think regardless, if you're trying to get your friends and family to support your product, shouldn't you always target your brand name, or that's only kind of like when you're more of a mature brand, Does that really come into play? What do you think?
Matt:
Yeah, I would say it depends on your brand name. If it's a unique brand name that, like nothing else is really going to come up for, like yeah, I wouldn't run ads. But if it's something that could be construed as something else, I would definitely run some ads to get towards the top. The one thing I would say about this and it's something that we do when we're launching and you're telling friends, family, anyone about it, we leave it kind of bland and just say, hey, this is my brand and it's a protein powder. I would really appreciate if you can buy it. You're not telling them to go search, fine, by keywords. But if you tell them that, hey, it's protein powder, and brand names are probably going to search protein powder, that brand name without you doing anything, Because it's always better, which is why search fine buys work to get a real keyword in there beyond your brand. But even just pumping the brand name does work as well. We've seen it with TikTok. Brand name searches can skyrocket you for every other keyword that you're relevant for.
Bradley Sutton:
William says yeah, this is a universal question, I think, or universal debate, I think. For successful exact keywords, do you recommend making those keywords negative in the broad? Some people teach that although you're converting for a keyword in the exact, do not remove that keyword from broad.
Matt:
Yes, this is debated quite a bit and I'll tell you from our experience it can kind of go either way, like sometimes we'll negate it in broad and then the exact stops performing. Sometimes we'll leave it and the broad performs better. Like it can go either way. I would say it's something that you should definitely test. Amazon ads is still kind of finicky on some of these things. For whatever reason. Older campaigns still tend to work better for us. So if your broad campaigns older than your exact match, it may still continue to outperform for a little bit. But what we do typically do is if we're going to leave it in broad, we lower the bids in broad I'm not specific keyword quite a bit and try and give the exact match as much room to run as it possibly could.
Bradley Sutton:
OK, cool, let's see. Hina has a question. I have 10 variations. They're not page one ranked. What strategy can I apply to get a good conversion on it? So I'm not sure exactly what he's saying here. But let me just change this into another question here. Like I've got betting that has a bunch of variations, or a consumable that has a whole bunch of different flavors, are you putting all the variations into one campaign? Do you have different campaigns for each variation? Do you only promote maybe one or two child items out of the whole variation? What's your strategy on variation items for PBC?
Matt:
Yeah, so we run a lot of variations. This is the one place where we do run ad groups. So our main products, the main variation, is flavored. So if someone's searching for a lemon flavored one, you obviously don't want that running against a chocolate flavored one. So an exact match campaign would have an ad group for each flavor and we'd be breaking out the different flavor variances within there. If it's a more broad term that doesn't include a flavor name, we're usually pushing it towards our hero product within that variation. But something that you can definitely test. I would say one thing to look at is search query performance and also the top I think they call it top search term report Now it used to be the old brand analytics report and see what the other top click products are. In our instance, if someone's searching for a sugar cookie, it may be that they're searching for a specific flavor and you can see that by the click through rate and a commercial rates from brand analytics.
Bradley Sutton:
Cool. Now, before we get into your final strategy of the day, can you talk a little bit about clear ads? I mean who you know, who, who you guys might be able to help the most, and what you guys do.
Matt:
Yeah, definitely. Um, so we're an ads agency um based in the UK. Um, we work with sellers and actually every single amazon marketplace now, so can help you across the board there. Um, we also do offer like full service management. So if you're looking for content creation, lipstein optimizations or even just day to day like inventory management, case log management, we can help you with all of it. Um, we also run DSPs, so pretty much a to z on amazon, we've got you covered. Um, and many of you may know George Um the founder. Um, he's everywhere. Um, so, yeah, head us up if you need any help with any of those things.
Bradley Sutton:
Awesome, awesome, all right, now um 60 second strategy of the day could be about PPC. It could be about search career performance. Could be about how to live as a foreigner in Barcelona. It could be about anything you want, so go ahead.
Matt:
All right, um, so I'm going to take it away and I'm going to do. Uh, outside traffic to amazon Um, so I think one of the big questions that search career report has brought up with a lot of people is like, hey, these sales numbers in here are extremely low. I know I'm selling more for this keyword or this product. Like, why isn't this represented? And I think majority of people don't ever look at outside traffic to listings and what's happening. But if you actually take the time to dive deeper, you would be amazed at how much traffic comes straight to your listing from other sources outside of amazon. Um. One great way to do this is how we do it. Um, you can use SCM, rush or a trust or really any kind of SEO tool. Plug in your canonical um amazon URL and just see, like, what articles have been written about you that you know nothing about, where you're getting posted on social. It will highlight all of these things. Um, but really the big key factor that we've been looking at is if you have a competitor in your category that you just you can't figure out how they're doing things. Chances are it's all coming from outside of amazon and that's why you can't compete. So doing this simple search, you can see like, hey, these are the bloggers that are talking about it, these are the articles that they got. You can reach out to those people directly. Most of those positions are paid. Like, don't trust any of those top 10 articles, they're all paid. Um, you can reach out and pay for those, and sites like a H refs SCM rush will tell you how much traffic that bloggers are, so you can kind of estimate what your return is going to be on that dollar. Um, I would say another big piece that we've been kind of working on for these is for a lot of terms like your, your coffin example.
Matt:
Like there's no one out there that has a website about coffins, like that specific product, it would take you with AI a few days to whip together a basic word press site that has everything you would ever want to know about small coffins and since no one else is writing about that, you're going to rank in Google like top three within a few weeks. If you're in these categories where there isn't that much competition or it's a unique product, start making some micro sites. Um, like I've shared some examples at some prior events and presentations, we have a few of these micro sites that are giving us seven to 8000 people a month now to our Amazon listings, and we used AI for the entire process. Um, so it took us maybe an hour per site and they just continue to produce. And the big thing with that is it's a traffic channel that no one else can really steal from you, because most people aren't looking at this and you'll always kind of stay at the top of your category because your velocities will just always be higher.
Bradley Sutton:
That might be something I'd like to dive into, if you are able to come out in January. Like your step by step case study on that, that sounds fascinating. Alright, well, matt, thank you so much for joining us. I know it's late over there. I appreciate it and hopefully we get to see you in January.
Matt:
Sounds good. Thanks for having me. | |||
| Helium 10 Buzz 12/8/23 - Amazon Fee Increases: How Does This Affect Sellers? | 08 Dec 2023 | 00:29:24 | |
Ever wondered how Amazon's impending FBA fee changes could impact your selling journey? Let’s tackle this complex web and break down what these changes might mean for you. | |||
| #515 - Generative AI & Crazy Data Strategies for Amazon Sellers | 05 Dec 2023 | 00:42:06 | |
Join us on a journey as our special guest, Ritu Java, takes us from her beginnings in India to her experiences in Japan, ultimately transforming her into a data-driven entrepreneur. With a unique perspective on the blend of culture and commerce, Ritu shares insights on how she leveraged her expertise in data and analytics to excel in Amazon PPC strategies. You'll also hear her intriguing tales of running an Etsy store from Japan and overcoming the complexities of helping Amazon sellers worldwide. The conversation doesn't stop there. Discover how AI has become a game-changer in running Amazon PPC campaigns as we discuss our personal experiences combining AI with other data sources to optimize campaigns. Listen as we unveil the advantages of using chat GPT for keyword research and translation over traditional methods like Google Translate. This episode offers a unique perspective on integrating AI into workflows and SOPs, driving efficient and effective results. We also underscore the value of incorporating AI into Amazon PPC strategies for successful product launches and campaign management.
To cap off this enlightening conversation, we tackle the future of Amazon selling and the role AI plays in it. From generating keywords for Amazon searches to creating images for sponsored brand ads, we unravel how chat GPT and mid-journey can elevate your selling game. Don't miss out on our tips for creating effective lifestyle photos and the significance of close-up product images. We also shed light on the evolution of Search Query Performance on Amazon and share our strategies for effectively managing and analyzing data. In episode 515 of the Serious Sellers Podcast, Bradley and Ritu discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Today we've got a first time guest who I think is probably top five in the world these days as far as actionable Amazon strategies, and she's going to give us an absolutely value-packed episode full of tips on generative AI, PPC and more. How cool is that? Pretty cool, I think. How can you get more buyers to leave you Amazon product reviews? By following up with them in a way that's compliant with Amazon terms of service?
Bradley Sutton:
You can use Helium 10 Follow-Up in order to automatically send out Amazon's request, a review emails, to any customers you want. Not just that, but you can specify when they get the message and even filter out people that you don't want to get that message, such as people who have asked for refunds or maybe ones that you gave discounts to. For more information, visit h10.me forward slash follow-up. You can sign up for a free account or you can sign up for a platinum plan and get 10% off for life by using the discount code SSP10. Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. We've got a special guest today Ritu. So, first of all, we're going to get into your backstory about how we can even talk in Japanese, because that's something that's crazy. Were you born in Japan or were you born?
Ritu:
I was born in India, but I lived in Japan for 17 years.
Bradley Sutton:
So from what age?
Ritu:
You want to know how old I am.
Bradley Sutton:
No, no, no. From what age were you living in Japan?
Ritu:
Mid-20s. Yeah, so mid-20s.
Bradley Sutton:
Also was, so you didn't go to school in Japan.
Ritu:
No, I didn't. I went there as an adult. I was working at a company and I take company 17 years.
Bradley Sutton:
Yes, that means you had to have gone there when you were a child. Then because you can't be over 25 years old. So I don't know what's going on here.
Ritu:
That is very cute.
Bradley Sutton:
I was all the reason. I was asking if you grew up because I wore this shirt today. Do you recognize this character here? What is this?
Ritu:
Yes Doraemon. Yes, I grew up with Doraemon when I was a little over there, that's awesome.
Bradley Sutton:
Yes, I grew up with Doraemon when I was a little over there, that's awesome. I know a little bit about you, but I for some reason had this idea that you actually grew up in Japan and that was why you were so fluent in language. Once you go as an adult, it's a little bit harder, unless you really immerse yourself in the culture.
Ritu:
I did. I really immersed myself in the culture. I went there just for a year, honestly, and ended up staying 17. It's so crazy how that place had such a big impact on me. It was such a stark contrast to where I grew up, which was India.
Bradley Sutton:
Whereabouts in India.
Ritu:
In Delhi, the capital city of chaos that's how I describe it from chaotic to super orderly. You can imagine what a difference, that is A stark difference from the world I knew. I was just drawn to the calm and the orderliness of that place. How things were punctual, everything happened as expected, there were no surprises, everything was planned in so much detail, which I kind of liked. I think where I'm at right now is a nice middle ground, because I think I like the chaos. It has energy. It has a certain type of progressive energy that all of us need, especially as entrepreneurs. We need that energy to be able to kind of keep moving forward. But then I also like the organizational skills that I picked up while I was in Japan, because you need that to have good execution. I think best of both worlds is what I'm trying to be at right now, trying to draw from both my cultures.
Bradley Sutton:
Then did you go to university in India.
Ritu:
I did. I'm an engineer. I did my electronics engineering from India. I went back to school much later in life. I went back to school in the US and I did a course in data science, which is why I'm very attracted to PPC and data and data analytics and that sort of stuff.
Bradley Sutton:
When you graduated with the electrical engineering degree, did you start working in India, or is that when you went to Japan?
Ritu:
Yeah, I started working right away and I started working in India and I worked for an IT company and it was a pretty long stint there as well, like I was very interested in technology right from the start and it kind of aligned with my life's goals and stuff like that. At the time. I mean, little did I know that I would completely switch at a certain point. When I was in Japan I worked for not only the company that I was in India, I kind of went to their Japan office and I started helping them out. But then later on I switched to a more technical role at a school, at a high school, American school in Japan, and then I had my kid and took a break from work and then I kind of dealt in a little bit of entrepreneurship. I started running my own business. I had an Etsy store. Yes, in Japan, while I was in Japan, I started my Etsy business selling jewelry. It was like kind of one of a kind jewelry and I realized that, gosh, it's not enough just to create a listing and people are not going to flock to that listing. So I had to teach myself a whole lot of stuff like marketing advertising. So I learned Facebook ads, Google Ads, blogging, YouTube, all of that stuff.
Bradley Sutton:
So Etsy in the United States, or is there an Etsy in Japan?
Ritu:
No, there's an Etsy in the United States, but I was selling on the US market from Japan. So I was producing my stuff there, but I was shipping it worldwide wherever there were shoppers. But shipping costs are exorbitant. Sending stuff from Japan it's very expensive. Yeah, so mostly was attracted to the data side of things. Yes, I have both left and right brains, because the creative side was just all my creations, the jewelry that I made. But then I needed the data science side of things to kind of round things off and make money out of my business, because everything we do here is based on data and I know he's intended the data company. So is PPC Ninja. We might think that we're in the business of selling goods, but actually we're in the business of leveraging data. So that's why it was so important for me to get that knowledge and make sure that I'm kind of ready to go with my own endeavors.
Bradley Sutton:
Now. So, Etsy was kind of like your first online marketplace. Now, did you ever end up selling on Amazon or did you go straight into software and consulting etc.
Ritu:
Yeah, so I've never sold on Amazon, but I've helped businesses sell on Amazon. So it's basically the data side of things. So, I only sold on Etsy. I sold on my own website for a bit, but then I have never sold on Amazon myself. But PPC is where I'm focused on.
Bradley Sutton:
Okay, cool. Now you talked about having an analytical mind, and that's kind of like what you're known for. When you've spoken at events like Billion Dollar Seller Summit and others is especially in the last couple of years, you're one of the go-to people as far as AI and things like that, now me, I'm a little bit behind. I use even on this podcast, we use AI to generate title options and transcripts and things like that, but I would say I'm not one of those full force ahead like, hey, ai is going to replace hours and hours of work. I haven't really adopted it to that effect. So, the typical Amazon seller what are some things that you don't have to be a seven, eight, nine figure seller but just like any Amazon seller if they have not started utilizing AI to help them in their operations or business? What are? Let's take it to that spectrum first. What are some things that you think that any Amazon seller could benefit by utilizing AI?
Ritu:
Yeah, there's so much. Actually, the magic happens when you start combining things. So AI by itself may not be the be all and all of things, because it's not going to operate in a silo. You've got to combine it with other pieces of data that you have access to. For example, just this morning I was preparing for a new product launch for one of our clients and I'd got all my data from Helium 10. I was at the stage where I have to come up with some keywords for broad match campaigns. I wanted to make sure that all the right keywords are in there, not just the long tail ones with high search volume, but I wanted to make sure that I'm capturing all the seed combinations of important words that make sense. So what I did was I exported the Helium 10 cerebral analysis and I fed it to chat GPT and asked it to come up with two words and three word combinations of seed keywords that would perfectly describe this product. Now what I'm going to do next with that is basically convert that into broad match modifiers, which basically means you add a plus sign in front of all the seeds and then I'm going to create campaigns with it. So that's something that I do at every launch. I generally don't skip that step. It's an important one for me. So, in addition to all the long tail keywords, I will come up with enough seed words that will run at a slightly lower bid but will be like a discovery campaign for me through the broad match modifier channel. So that's kind of one thing that I do.
Ritu:
Then, like yesterday, I was doing another one for another client, where we have a list of keywords that we discovered from the search query performance report, which is kind of this new, very valuable piece of data that Amazon is giving us these days. So from there I was able to come up with a structure for sponsored brand headline ads and I didn't have to do the work. I just fed that entire list to chat GPT and said, hey, organize this into groups of very related words and then give me a headline ad which is less than 50 characters, because that's the amount Amazon will give us. And then it did that for me. I also gave it one other important instruction, which is to make sure that one of the keywords or a very close variant of that keyword in the group must be included in the title, and that's basically my way of saying, hey, I want this to be a lower funnel ad, not a generic kind of upper funnel ad, because my sponsored brand ads tend to be more focused on ROAS rather than brand discovery and brand awareness. So those are some of the ways that I'm using it almost on a daily basis. I had switched to chat GPT plus a long time ago. I've been paying for it and it's totally worth it.
Bradley Sutton:
So there's how much is it for somebody to subscribe to?
Ritu:
that it's about $20 a month. It's not much at all, yeah, it's just $20. And what it gives you is all the beta features, all the new stuff. So right now you can actually upload files very easily. You can upload any kind of file to almost any kind of file to chat GPT and then ask it to analyze, analyze the file and then you can ask it a bunch of questions. So it's just made life so much easier. And I mean I think sky is the limit with what you can do with AI. It's like I always, always feel like I'm not using it enough, even though I'm using it probably quite a bit more than a lot of people, but I still feel cautioned to use it more.
Bradley Sutton:
Okay, interesting, interesting. So there's some of the ways that you can use it in PPC. Now I remember you presented something. I've seen you speak, you know, various times, but I don't remember which event, this or what it was. That might have been a billion dollars, but where were you doing? You were doing like translation, using like Helium 10 because, like you were doing research, you weren't translating the English keywords. That's obviously a big mistake that some sellers make. Hey, I've got my Amazon USA listing, let me just translate it. Or let me just translate the keywords. No, you need to do the research in that marketplace. So you switch Helium 10 to Amazon Germany, for example, but if you're not a German speaker, you just see all this Deutsch keywords and you don't really know what it means. Or so they're doing it in Amazon Japan and they don't speak Japanese like you, so they might not know. So what's your? I'm not sure if it was AI or just something in Google you were doing to kind of like make that process a little bit easier.
Ritu:
Yeah. So what we've done is we have integrated chat GPD right into Google Sheets, and we had to write a little bit of code for that. But once we did that, what's happened is that we have these ready to go sheets where we simply change the prompt and add a bunch of keywords and then it will just translate into whatever language, right? So? And I've noticed that any translation done by chat GPD is way better than Google Translate and I've tested it, especially in Japanese, because I can read it. I know that the quality is much better.
Ritu:
Just to give you an example chat GPD will use the right combinations of Kanji and Hiragana, whereas Google Translate will not. It just doesn't do a great job. And if I tell chat GPD to give me a translation in all four different scripts, that's, kanji as well as Hiragana, Katakana and the Roma G, it will give all those to me. It's a no-brainer to use chat GPD for that sort of thing rather than Google Translate and then other languages as well. Like we're just onboarding this client that has four markets and we have no speakers of those languages on our team. But with chat GPD, we can simply include that into our SOPs, into our workflows and just use those sheets to kind of get the final product out. So it's really great the combination of Helium 10 and chat GPD workflows. They work really well for us.
Bradley Sutton:
Okay, cool. Now going back a little bit, just remember you were talking about broad match modifiers. There might be people out there who don't know what that means. Can you explain that a little bit?
Ritu:
Yeah, yeah. So a broad match modifier is a type of broad match, so when you're setting your add up, it'll still be a broad match. However, by simply adding a plus sign before every part of the keyword which means if it's a two word keyword, then both the parts will have a plus sign in front of them what you're gonna ensure is that the buyer search must include those words in exactly that format in order for that match to happen. So this eliminates any kind of kind of synonyms or related words that Amazon might try to kind of connect to, which you don't think need to be there. So at this point, amazon is even replacing exact matches with weird sort of words that it thinks are similar. So we don't want that, because we've done all of the research to find out which exact version of that keyword is giving us the highest search volume, so we wanna stick to it.
Ritu:
In order to make that happen, we're actually finding ourselves doing more and more work with broad match modifiers, because all the other match types are being weird anymore. Like exact matches are not behaving like exact matches. Same thing with phrase match and broad match anyway, always was a bit too broad and it was always kind of giving you all kinds of weird matches for sponsored brands, but then it started doing the same thing for sponsored products as well, and that makes it a little challenging. It can be wasteful. So yeah, broad match modifiers is a great way of making sure that your matches are clean and that they don't bring in kind of extraneous, superfluous words that you shouldn't be targeting.
Bradley Sutton:
Do you use that 100% of the time when you have a broad campaign?
Ritu:
So you always have if it's a three word phrase.
Bradley Sutton:
You'll put the plus in between each of the.
Ritu:
Yes, 100% of the time. We've been doing it for the past two years and we actually future proved ourselves because we knew this was coming. It's kind of like Amazon always follows Google. So we knew this was coming because Google introduced broad match modifiers first. Now they've already sunset it. So I don't know where this is gonna end up for Amazon, because what I've heard and I don't wanna just speculate, but what I've heard people say is that Amazon might be moving toward a future where there aren't any match types. There's only a word, there's only a keyword, and then it figures out how to match it the best way. Now it's plausible, especially in this AI world. It's plausible that that might happen. But in the interim, I'm betting on broad match modifiers and exact match. Of course, can't do much about the fact that Amazon isn't treating exact matches the way they ought to be treated, but that's the best we have right now.
Bradley Sutton:
So what would the difference be between using broad, doing broad target with modifiers compared to phrase for the same, the same, you know, like coffin shelf, like. So if I do coffin plus shelf in broad or coffin shelf in phrase, what's the difference in the potential? You know showings of that keyword.
Ritu:
Yeah, no, I think the showings of that keyword might totally depend on the bids and they might also depend on relevancy. So it's very hard to predict which of the three match types are gonna win. You know that's been a struggle. I mean you can't really say if you put coffin, what was it? Again coffin shelf.
Bradley Sutton:
Yeah, coffin shelf.
Ritu:
Yeah, if you say coffin shelf broad coffin shelf phrase and say coffin shelf exact, what we would want it to do and what would be logical is that if I had a higher bid for exact match, then you know all the searches should come in match through exact match. But that's not always the case. You know, we've seen so much variability there. It also depends on which campaign, you know, starts out those keywords and then each campaign has its own story, its own history. Because let's say, you combine that keyword with a bunch of other keywords and let's say those other keywords got a majority of the early data points, like it started hitting some other words coffin longtail words Before it hit your coffin shelf word, then what happens is that this word starts getting starved of impressions, the other words start to take dominance and these words that get starved of impression give you the false impression that they're not working, whereas it's just a matter of how things started off, like what were the set of searches on that day, on that very moment that Amazon decided to match?
Ritu:
And then it's going to just take its cues from whatever little data it has in the beginning, because that's all it has to play off of, and then it just keeps giving more and more and more impressions to the early data points and everything else just gets ignored, you know. So it's like a game Like PPC is a game that you know you've got to be able, you've got to be willing to keep playing, trying different things, different ways, moving things, you know, trying it in a different match type, in a different campaign, restarting, stopping, all of that you know.
Bradley Sutton:
Okay now you know like, for example, if I just do you know, going to this same example, you know coffin shelf, no modifier and broad. You know, yeah, nowadays you know something crazy can come up with, like, you know, spooky decor.You know, potentially it could even come up not even including the word, but ones that are traditional, would be like, you know, coffin shelves for men, coffin shelves for women, but then also it could be coffin shaped shelf, like it could insert a word, or shelf shape like a coffin. You know, like changing the order, but if I put that modifier in there, does that force it, in your experience, to be only longer tail, like it's coffin shelf has to be in there as a phrase and then it's only putting words at the beginning or the end, or still. It could switch it up a little bit.
Ritu:
Yeah, it will switch it up. So coffin shelf could be shelf coffin even. As long as the word shelf and the word coffin both exist in the match, it will match. Yeah.
Bradley Sutton:
Okay, going back to Helium 10, now I was looking at, I did it. I still haven't seen your replay of your presentation you did for Helium 10 Elite a few months back. But I was looking at your slides and there was something that you were talking about magnet and seed keywords and just by looking at the slide I couldn't tell what the strategy was. So can you explain what are you doing? I'm not sure if this has to do with chat, gpt or, but just how are you using magnet in a unique way?
Ritu:
Yeah, so what I do is basically I start off my keyword research by looking at audiences, like who is the right target audience for a product, right? So that's my first step. Now the audience list will help me figure out what words these people use. So if it's a garlic press and let's say there's five different types of people, there could be just regular straight up chefs, there could be restaurant owners, there could be whatever. So there's like five or six different types of people who might use a garlic press.
Ritu:
Now I ask ChatGPT to tell me all the words that these audiences or avatars are likely to use when they search on Amazon. So I'm actually starting from a suggestion of a seed keyword. That's my starting point, and then I use those seed keywords that chat GPT generates to go and dump that into magnet. And then I use the expand option the second one, not the first one and that basically gives me all of the keywords and their search volumes, and that's what I need Basically.
Ritu:
I wanna kind of run it by search volume information to figure out if it is really a word that I should be going after. Now I don't always come up with those words, probably because the search volume is too low, in which case I don't need to worry about it, but I can still use that information as broad match modifiers to just generate some sort of discovery. So like, for example, eco-friendly. I don't know if there's any sort of garlic press that's eco-friendly, but let's say someone in that audience wants an eco-friendly garlic press made out of bamboo or whatever. I will still create broad match modifiers that have those important words in that combination so that I can at least start to do some keyword research through an ad rather than through existing search volume data.
Bradley Sutton:
Okay, cool, switching gears from keywords now to images. I know you've talked about mid-jurdy Canva. Have you played around at all with the new Amazon one that they made kind of for sponsored brands? And then, if so, what's your results? I've had very different, like some of it are absolutely terrible, but then I know that part of it's because I don't really know how to prompt them. I'm not very good at prompting, but what's your experience with the new Amazon AI image generator for sponsored brand ads?
Ritu:
Yeah, I mean it's not bad for someone who's really struggling with image creation in general, but it's not really usable for every case right? In some cases, it's gonna be hard to come up with the perfect background for your image. The other trouble I have with it is that the product image is too small on the canvas, and that's not how I like my sponsored brand headline ads Generally. This is a tip actually for our listeners when you create a sponsored brand lifestyle photo, the biggest mistake people make is that they fully capture the lifestyle setting in which that product is being used, but then the product itself is so tiny. That's a big mistake. That shouldn't be the way right. The way to do it is to have the product front and center. It has to be blown up right in the middle and then you could maybe suggest what the background is. You might just use suggestive creatives rather than have it in absolute terms. It's being used in the setting that it's being suggested, so for that reason I generally like to request for zoomed in, highly close up type of images so that we can have better conversion rates.
Ritu:
And there's a story that I just wanna share here real quick. We had one client with a dog product and the product was being used on a dog that was sitting in the lap of a woman on a sofa, and then there's a living room in the background so you can imagine the size of the product. It's like so small you can't see it right. So then what we said to this client was give us a zoomed in image. So then they zoomed right in, so all we see now is the pop and we see the product. Right. So it completely changed the metrics for that ad and then we started using that particular image for many other of their sponsored brand headline ads, and then the rest is history.
Ritu:
They really started growing after that. But the point is that close up images are more important than pretty images, right? So pretty images anyone can create pretty images. You wanna make them highly converting images and for that reason I might not use the Amazon's AI generated images right away, unless they become better, unless they can kind of keep the product as the hero it needs to be, front and center. Yeah, I'm trying to figure out any prompt that can help me get to that stage, but I'll keep testing. I'm not sure yet.
Bradley Sutton:
Yeah, so then what outside of Amazon? Then, like I said, I know you're using like mid journey, which is another one that's not too expensive it isn't like 10 bucks a month or something like that to use mid journey, or yeah. So then what if somebody is like all right, you told us what some basic stuff that people how chat GPT for 20 bucks a month can help Amazon sellers. What is something that Amazon sellers of any level can use mid journey for? That's kind of simple and definitely adds value.
Ritu:
Yeah, I think mid journey is definitely the leader and if you can learn to use it, there's nothing like it yet. But even straight up, chat GPT is now getting pretty good with images, so you can describe whatever you want and then it is connected to dolly in the back and then it generates those images and gives them back to you right in your chat GPT prompt, right. So if you have the paid version, then you can start testing that as well.
Bradley Sutton:
Okay, so let's say I've got all right, I've got a pretty nice image. You know, maybe it's a white background image or something of my product. Would the first thing I should do with experimenting with AI and mid-journey and things? Would it be making an infographic? Would it be trying to make a lifestyle? Like I remember in the early days of AI, like you could never put a human being in there because they would have like 17 fingers and just crazy faces and stuff like that. But like what should I do then? What kind of images? Or is it not really don't use it for your main images, but use it for, like, the sponsored brand and sponsor display, things like that?
Ritu:
Yeah, so okay, I think we need to think of images as layers, just like we think of layers in Photoshop. Right, there's layers like a background layer. So if you want just the ambience, the mood, the background, you generate that layer independent of anything else. That's one way of going about it. And then you layer in your product. You have your kind of no background product. Then you can always place it right in the middle, do those sorts of things. So it would probably be a two or three step process where you think of each layer separately, even the humans. You could bring humans in from a different source. You can get humans from there, you can get your backdrop from somewhere else and then you can get your product from your own product images and put them together. That would probably give you the best results.
Ritu:
But if you tried to have mid-journey to all of that, you might experience some failures there or some surprises with, like you said, 17 fingers and stuff. Now, mid-journey, the latest versions of it are getting better and better, so it's very human-like and it doesn't appear awkward. The facial expressions aren't awkward anymore, so that's good news, just means that we're going in the right direction. It's only gonna get better from here. So I would think of layering as one concept, and then, of course, where you wanna apply it is another thing infographics. I don't think chat, gp or even mid-journey would be good for infographic other than just generating the background for it, because text it still doesn't do a good job with text. You'll have to use some of your other tools for text. So again, it's layering, combining tools and coming up with the concept. So yeah, those are some of the ways in which you can use images.
Ritu:
Now posts is another interesting one. A lot of people are using mid-journey for generating posts, and that's a good way of generating lots of posts content, because Amazon doesn't allow you to repeat an image twice. So what you can do is you can have Dali or even Canva. I've used Canva AI, which is different from Canva normal. I can explain the difference, but anyway. So Canva AI can generate based on your description of what kind of backgrounds you want, and then you just slap in your photo your kind of hero image on top of it and there you have your posts. It takes barely any time to create like 20 different posts and most people don't realize this, but posts are free advertising. I would highly recommend generating posts on a regular basis and take advantage of it.
Bradley Sutton:
I've seen them more in search results lately too.
Ritu:
Posts. Exactly, it's one of those widgets that comes up.
Bradley Sutton:
That never happened, like six months ago or something. But, now it's right there on page one, so it's important to do, I agree.
Ritu:
Yeah.
Bradley Sutton:
All right. So earlier you talked about search group performance. I love search group performance. My self is just like it's stuff that three, four years ago we would have. I would have bet a million dollars that Amazon would never release this kind of data to the public, and Amazon definitely has come a long way. What are some other ways that you're using search group performance, analyzing the data that Amazon gives?
Ritu:
Yeah, so search group performance. Like you said, it's unbelievable that Amazon is actually sharing this information out, so it's really up to us to take advantage of it as soon as possible. Almost feel like time is of essence here, because everybody's going to have access Everybody has access to that information. But right now most people are in the state of overwhelm. They're like, oh, I have this great data, but I don't know what to do with it. So most people are stuck at that stage.
Ritu:
But if you want to take the next step, then I would suggest start downloading those reports right away, because these things also get lost. Amazon discontinues things that you think they're going to be giving us forever and forever. For example, the brand analytics data that used to be I don't know millions of rows has certainly been compressed to just 10,000, and so on. So I mean there's a loss there that cannot be replaced. So I would say, number one start downloading your at least your monthly data at the ASIN level and then stitching all that data together, and by stitching I mean maybe putting it into a data warehouse. We use BigQuery in order to bring data in, and the way to stitch it is by making sure that your reports have some extra columns like the date column has to be there Then you have to make sure that you have the brand name in it and you want to make sure that your market is in this, so that when you stitch all that information together, then you can use a single report like a looker studio to dip into the data warehouse and you can basically use switch filters to switch between your different markets. So if you plan your data strategy well, then you will be able to use it more efficiently than just using it in a throwaway style, which most people do.
Ritu:
Most people go download a report, they look at it, they stare at it and they're like, ok, whatever Done, and it's thrown away. You don't want that. You want a system. You need an ecosystem for managing your data so that you can look at those from time to time. You get a month over month review. You get a month over month trend. You can see if anything has lost its search volume over time. It's so easy to check that at a search term level. Once you have stitched all that information together and is available in maybe something like a looker studio, how about something that's good?
Bradley Sutton:
it's important to understand the you know, like how to get started and not just like, all right, let me. Let me just look at search career performance or this data, just, you know, in the UI on on Amazon. But then what's the next step? Now I've got everything in my data warehouse and stuff like, for example, me. One of the things I like to look at in search career performance is comparing the conversion rate by the keyword for for just the overall niche, compared to my own. You know my own conversion rate. But you know, I think that's probably one of the most no brainer things. What are some other maybe not so common things that you're looking at when, when you get all of that data into your, your data warehouse, and start you know, start looking up stuff?
Ritu:
Yeah. So one of the things that I find really interesting is the average price per search term. So this is you know, amazon gives you the average price and that, basically, is a good indication of whether that search term is going for cheaper products or is it going for slightly more expensive products. Just to give you an example, let's say you have the word lotion right Now. You have a $50 lotion by L'Oreal, maybe, and you have a $5 drugstore brand Same thing, selling lotion. But if you're going after, if you're looking at the search term lotion, whatever, daily lotion or whatever and if you see that the average price for that search term is going at $6, let's say that's the average price of the product being sold. That is telling me that, no matter what I do to compete on that, on that search term, it's going to be hard because I'm going to be competing with lots and lots of cheaper brands. So we actually have filters on our search terms or search query reports, so that we only look at those searches that are in the ballpark of our products price point. That basically eliminates a lot of the noise, because otherwise you might be led into thinking that gosh, this is a great keyword and then you spend lots of money on it and ends up being a high cost scenario. You don't want that. So you look at both of the things one that you mentioned, which is what we call strength, keyword strength, which is determined as a ratio of purchase share and impression share. If you can get that ratio to be above one, then that's a good keyword. That is strong, inherently strong, because you're winning more of the purchase share than you're winning of the market, which basically puts it in a good spot.
Ritu:
And then the second one would be the filter on price. The third filter I would put is search volume, because, again, we don't want noisy, insignificant terms to distract us. And I think the fourth filter I would put there is data sufficiency, like how many sales have you had for that keyword over that period of time? So yeah, those would be the four filters to kind of get everything else out. And then, yeah, I mean that would be our way of figuring out which search terms are good. Then the other use cases of that would be to stitch that data with your ad data. So when you stitch those two together you can find gaps in a systematic sort of way, not just like a one off, throw away kind of way, where it's always being merged and it's always coming together and you can always see these are the ones that I'm not advertising yet. And then, yeah, I think those were the two main ones.
Ritu:
The third, slightly more advanced one, is when you want to figure out if a search term is good for product A, product B, product C, product D off your catalog because they might be sharing those keywords. Then you can see relative strength across your different products and see where you want to channel your information. Now that comes with the caveat, and that caveat is that there's a very high halo sales ratio on Amazon, which means you might be directing traffic to one of your product variations and something else is actually getting picked up eventually. So you need to know all of the. You need to know all those pieces in order to make the right decision and essentially in terms of using your, your traffic source as a fire hose, literally, and saying, okay, I want to direct it to this product and not to this product. Unless you know what the halo sales are, you could be off.
Bradley Sutton:
Yeah. Yeah, well really great stuff. Now, before we get into your last strategy you know, maybe it could be a PPC strategy, since that's your specialty how can people reach out to you if they, you know? How can they find you on the interwebs if they want to? You know, get some help with some of the stuff that you've been talking about today.
Ritu:
Yeah, absolutely so. I'm on LinkedIn. I'm pretty active there, so just look up my full name, Ritu Java, and you should be able to find me there and just say hi and I'll be happy to help. Yeah, and other ways, you can just reach out to our website, ppcninja.com or anywhere else. You see me.
Bradley Sutton:
Awesome, awesome. Now we have some of we do on our show. We call it TST. That's the 30 second tip. So you know you've been giving us lots of great tips and strategies, but what's like a hard hitting one you can give us in 30 seconds or 60 seconds or less. I'm not going to cut you off, go ahead.
Ritu:
So I think that you know we're all sitting on tons and tons of data and we don't know how to use it. I would suggest start thinking of strategies to use your data by connecting them up. Every piece of data that we get from Amazon or other sources, whether it's keyword rank tracking or search volume data, or your ads data or organic data. Also, you know competitor data and stuff like that. It's in different locations, it's hiding behind wall gardens and stuff like that.
Ritu:
You want to figure out a system to bring it all together, and I would recommend using a data warehousing strategy to start bringing everything together so that you can start looking at it holistically. So I would recommend start to think of simple ways in which you can convert your snapshot data into time series. That that would be my advice, and time series is basically for people who don't understand that. It's basically assigning dates to all your downloads. If you're downloading a business report, make sure you add a column and put the date there so that that becomes a way of identifying when that event happened. When you're connecting so many pieces of data together.
Bradley Sutton:
Awesome, Awesome Well thank you very much. Thank you so much for your time.
Ritu:
Than you so much Bradley.
Bradley Sutton:
This was really awesome, awesome and we'll definitely be having you back on the show sometime next year to get your latest strategies.
Ritu:
Awesome, we'll look forward to that. Take care, Bradley, have a good one.
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| #586 - AI tools & Remote Management Strategies for Amazon Sellers | 10 Aug 2024 | 00:37:07 | |
Join us as we welcome back Steve Simonson, a renowned expert on sourcing and leveraging AI technology for Amazon sellers. This episode is packed with insights on a wide range of topics, from managing remote teams to the innovative use of voice AI in customer service. Steve shares his experiences over the past year, highlighting the rapid advancements in AI technology and how his team has been integrating these updates into their processes. We also discuss effective strategies for managing remote teams, emphasizing the importance of building management skills, fostering online collaboration, and maintaining team morale through regular communication and celebrations. Listen in as we explore the evolving role of AI in enhancing workflows and customer interactions, particularly for Amazon sellers. Steve sheds light on how major companies like Google, Amazon, and Meta are advancing AI technologies, with mentions of Meta's open-source Lama model and Amazon's AI applications like Rufus. Despite ongoing concerns about AI accuracy, Steve assures us that issues like hallucinations are gradually diminishing. We discuss the successful deployment of AI chatbots in customer service and the growing importance of AI in managing brand websites and internal company processes, with specific resources within the Helium 10 software highlighted for deeper insights. We also address the challenges facing Amazon sellers, including new fees, profitability issues, and competition. Steve offers reassurance by drawing parallels to past economic cycles and emphasizing persistence, sharing insights from Jeff Bezos' relentless approach. Additionally, we tackle the complexities of modern supply chain disruptions, offering practical tips for short-term problem-solving and long-term strategies such as resourcing and nearshoring. Finally, we highlight the significant opportunities that AI presents for small brands, encouraging businesses to embrace AI tools and look forward to upcoming events like Amazon Accelerate in Seattle. In episode 586 of the Serious Sellers Podcast, Bradley and Steve discuss:
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Bradley Sutton: Today we've got Steve Simonson back on the show, one of the most knowledgeable people in the world when it comes to leveraging AI for Amazon sellers. He's going to talk about a wide variety of topics, such as running remote teams, to sourcing, to voice AI that can actually be your customer service rep. How cool is that? Pretty cool, I think. Are you afraid of running out of inventory before your next shipment comes in? Or maybe you're on the other side and you worry about having too much inventory, which could cap you out at the Amazon warehouses or even cost you storage fees? Stay on top of your inventory by using our robust inventory management tool. You can take advantage of our advanced forecasting algorithms, manage your 3PL inventory, create POs for your suppliers, create replenishment shipments and more all from inside Inventory Management by Helium 10. For more information, go to h10.me. Forward slash inventory management. Forward slash inventory management. And don't forget, you can sign up for a free Helium 10 account from there, or you can get 10% off for life by using our special podcast code SSP10.
Bradley Sutton: Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS-free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. You know, here at Helium 10, I don't know how this happened but we have a lot of S things. You know, we've got the Serious Sellers podcast, we did the Sell and Scale Summit. Now we've got Steve Simonson here and so I did have a hat with an S. This is actually a unique minor league baseball Sacramento hat here, but we're trying to keep the S theme together here. Steve, how's it going?
Steve: Boy, I'm well, I love it. The alliteration does not stop. That is really impressive. If you look closely at my forehead, you'll see a giant S carved into the forehead. So everybody, get out your inspection equipment. But it's there, you can rest assured.
Bradley Sutton: I love it. I love it All right, guys. Well, this is not the first rodeo of Steve here. He's been on the podcast before, so if you want to get back into a little bit more of his backstory and different things, some of the episodes he's been on is episode 38, episode 459. And we're going to talk a lot about AI today because I think that's what Steve is known for and that's what his module on Freedom Ticket is also about. But before I even, I just wanted to just see what you've been up to like the last year. It's been a year or so since you've been on the podcast. How's the back end of 2023 and 2024 been for you?
Steve: Yeah, it's been good. I tell you it's a very fast-paced world we live in, and particularly as I focus on AI and how we integrate that into some of our enterprise-level software, it is just an endless train of upgrades, like every week somebody's got a new model and some new AI breakthrough has happened, and so we've been really quite busy at trying to figure out how to support these future frameworks within the same context of how can you build it once but allow it to be upgradable. So it's been exciting, it's been fun, but, no, no short of challenges as well.
Bradley Sutton: Sure, sure, absolutely, absolutely. Now, one place in the last year or so that we caught up was in Bali. We went and spoke at this event and that was an amazing event. So anybody who has a chance to attend an event that Regina organizes, you should definitely, you should definitely try. We even had mud wrestling and everything. And I remember one thing you were talking about there. It's funny. I don't remember what I did yesterday, but then I'll just remember the strangest things or the most random things. I remember you had a big team across different countries and you were talking a little bit about that and it just, you know, across. You know across different countries, and you were talking a little bit about that. And it just got me thinking too. You know, as entrepreneurs most of us we don't have like an office and we've got, you know, in-office employees. You know we might start out hiring a VA here or there, and then you know the team scale. So you know somebody like yourself with experience, you know managing scores of employees at the same time. What are some tips you can give Amazon sellers out there or just entrepreneurs who have remote teams Like how do you, first of all, just what are some tips on managing a remote team where you're not there in person?
Steve: Well, the first thing is it is. It's a skill that you have to learn right. So a lot of us think that somehow management is just built into all of us. I don't believe it is, and I think entrepreneurs are some of the worst at it, myself included, maybe first and foremost terrible manager, but I think you've got to build the skills, and so one of the things that we try to do is find ways of collaborating online that would be similar to an office environment. So, you know, our HR folks will have, you know, birthday celebrations or, you know, have monthly meetings to celebrate everybody's birthday or those types of things. We also have other things systemically that try to help, you know, remind everybody. Hey, celebrate your Wednesday weekly win. Everybody has at least one win every week, so let's share those amongst the company, because there's a lot of people in the company who may not know each other different locations, different parts of the world but I do want to just remind people that the basics really matter, like how you talk to people, you know understanding, you know where they're coming from, do they have the essentials that they need to, you know, perform the job.
Steve: And the biggest I don't know revelation, especially dealing in the Amazon world is everybody expects a VA to be a unicorn. It's like you can do everything as the entrepreneur, so you just think you're going to delegate everything over to this unicorn. That's not going to happen. It's unfair, it's unrealistic and it shows that you're not yet a competent manager. And so my advice is you know, start slow, give very specific, task oriented things that have a beginning and an end, and then you know kind of work up from there and, as the internet says, educate yourself right. There's lots of books. One of my favorites is it's. It's the book name is called it's the manager. People don't quit jobs, they quit managers, and the faster we, as entrepreneurs, learn that, the better off we'll be.
Bradley Sutton: Yeah for sure. Now, speaking of managers, you know, once you get more than a few employees in a foreign location, you know you might make some kind of managerial structure. So for the subordinates, hey, you know performance management, things like that, you know it's probably handled by the manager. But how do you, kind of like you know performance, evaluate the managers themselves? You know, because you don't have really a middleman, they're directly reporting to you. How do you know who's your stars? And then how do you know when you need to take, perhaps corrective action?
Steve: Well, the number one thing that leads our decision making and I recommend this for anybody is data right. Let's start with what are the responsibilities this particular section manager, right? Are they in charge of marketing? All right, how are the leads going? What are the KPIs related to this? And people have a lot of trouble coming up. They ask all the time what are the KPIs? What are the KPIs? And you know we talk about AI a lot. Go ask ChatGPT. Here's the position. Give me a you know, general position description and give me good KPIs and then massage it right. It can't read your mind, but it can, you know, kind of move and groove with the suggestions you give it. So KPIs are absolutely doable. Now, sometimes getting the data is a little harder than you want it to be, but once you overcome that hurdle or at least come up with an alternative, then data should drive those conversations. And the question is like hey, you're doing really well this week. What's going right? Why is this going so well? We want to be able to understand and replicate it. Or hey, you're behind your numbers. What are the challenges you're facing? Maybe they got a bunch of people on vacation or maybe the Google credit card stopped charging. There's all kinds of things that happen in business, but numbers drive decisions and we like to say what's broken in the system, not what's broken in the people. The people want to do a good job In general. If you manage them and you're fair with them, then you're going to find that they want to perform well. They want to do a good job.
Bradley Sutton: I'm sure we talked about more things. We had a good time there at the Balinese massage. That was my first one. I don't like those rough, those really rough ones. The Thai massages Guys, don't get Thai massages unless you like pain, oh my goodness. But I think they put you and Leo like in a couple's massage.
Steve: Yeah, Leo, and I decided that you have the romantic couple's massage. Yeah, it was lovely.
Bradley Sutton: Yeah, yeah like I had my room all to myself and then you're like oh, okay, well, I guess we're going to be here in this room.
Steve: How did he get the room? Although we all had the room with no walls, which is like you know bugs and everything else but yeah, it was pretty neat. I think all of the you know for an hour it was nine bucks or something and it was a joy.
Bradley Sutton: Yeah, you can't beat that.
Steve: Yeah, it was a delight.
Bradley Sutton: Can't beat that. Great food and everything else. All right. Now switching back to you know, one thing you talked about there and you've been known for the last couple of years is at the forefront of how Amazon sellers and e-commerce entrepreneurs should be leveraging AI, and so that's something that's changing on a weekly, monthly basis. The last year, what are some of the most notable advancements or differences in the world of AI as it relates to Amazon sellers?
Steve: Well, first of all, you know, last year it was kind of the year of ChatGPT, right, everybody heard ChatGPT and this became a synonymous term with AI. But they're just one company. ChatGPT is led by OpenAI, which is ironically not open now. It's closed source, and over that they kind of led the tip of the spear into this new world of AI. There are plenty of others trying to get things done. Google has tried and has had a couple flubs. Amazon itself is now deploying AI for the customer-facing side, as I'm sure many sellers are recognizing. And then there's so many others, including Meta, which has allowed their stuff to go actually open source. The Lama model, which is a large language model built on, like you know, 400 billion or 40 billion, I can't even remember. The numbers get so insane. I think it's 400 billion data points in the Lama 3.1, which is as good as any closed source or paid service, and that is exciting. Groq is exciting. So there's a lot of these engines coming out. For sellers, what they, in my opinion, should be focused on is like how do I make my workflow today better, right, whether it's my own personal workflow which I use AI all the time, or the work, you know process of my colleagues. And it's really important to tell your team this is not to replace you, this is to enhance you. The AI will not replace you, but somebody who uses AI will replace you if you don't get your act together. Like this is really, really an important message. And so you know, the first step is just how do you improve those workflows, and then there are many other exciting steps coming up down the line. You know almost immediately.
Bradley Sutton: Maybe it's because I'm an old fogey, as it were, as far as adopting new things sometimes, but a problem with AI I've had in the past is a similar one, which I remember you kind of talked about in some of your presentations. How you asked AI last year like who is Steve Simonson? And it had your birth date wrong and it said you had done this when you were some author or something like that and this and that. And so you know like, hey, you know, I guess we call those hallucinations. But then, like, you know somebody even you know we're a year later and I'm still seeing similar things like for example you mentioned the Amazon AI you know there's Rufus and then there's ones that summarize reviews and stuff like that, and some of it's just absolutely useless. You know like, no, yeah, customers love how large this seems and they also love how small it seems. I'm like, come on, like this doesn't even help me. So like, is that an accurate assessment or am I being biased? Like, say, hey, why is it taking so long to fix a lot of these hallucinations, or are you seeing a macro? Uh an improvement on those kinds of things?
Steve: Yeah, no question it is improving. So if you start comparing you know ChatGPT three and a half to ChatGPT four to you know 4.0 and some of these other evolving models the hallucinations are shrinking. They won't go away until there's a large enough data set that is just more robust, honestly. So we should understand that it's still lying to you 20% to 25% of the time, just making stuff up out of thin air, and so that should be a real staunch warning to everybody. When you see the thing, tell you something. In my case it had the several book titles that I had written, that I had not written, and no one's written right. So, like I was very impressed with what it wrote, but it was unfortunately it was not me. So expect that hallucinations will continue, but they will continue to reduce over time as well. So don't use that as your obstacle. That ain't going to work. There's so much positive, good stuff. Now some of it has to do with how you structure the prompt or how you use the ins and outs of the data, and it's certainly not flawless. But you know, every day it's getting better, and I've seen like the voice stuff is incredibly good now and I suspect within, let's say, 12 months, all the early adopters will have on their their brand website. They'll have a brand, you know, a message bot that is completely trained on their stuff, right? So all your PDFs, all your products, all your company policies, return policies, shipping, whatever and it will be able to perform chats better than a human on average, right? And, by the way, this has already been proven.
Steve: This year, a company sent 2 million live customers to their new AI chatbot and it had more first touch resolutions, it had higher customer satisfaction and obviously, the cost was less and it was the equivalent of 700 full-time people. So what we want is we want better customer experience and if you can do that with AI, people will come to expect that to be available. So, early adopters within 12 months, you know, and then other people over time, for sure. Message bot chat, you know, 24, seven live, educated bots about your stuff. We're doing this now. It's very powerful. By the way, the larger your company is, sometimes you need this internally, right? Hey, what's the HR policy? What's the vacation and where it can actually interact and go? Oh well, can I get this vacation off? And it will allow it to schedule and do other things. So very powerful stuff that's coming real quick.
Bradley Sutton: We're not going to go into everything he talked about in our module, but just for those who have access to Freedom Ticket, which is pretty much any Helium 10 member let me just show you, guys, where you can go to see his information. Go into Freedom Ticket 4.0 under the module Product Research and Sourcing. Click on the Power of AI for Amazon. We got you in a very flattering screenshot right there.
Steve: That's actually how I talk. My eyes are closed.
Bradley Sutton: Love it, but, hey guys, he goes in-depth there on how it can help Amazon sellers. But let's just stay on this subject and talk about some specific use cases. I think one of the things that was terrible maybe a year and a half ago or a year ago that has gotten a lot better, in my opinion is images. You know, um, and obviously Helium 10 has integrated some things Amazon has integrated into their advertising. They actually require, um, you know, sellers to have a custom images now for, like, sponsored brand ads and things like that. So if you're not, if you don't have this humongous repertoire of, or a repository, I should say, of, all these images, well, AI is kind of like the only way to go. So what kind of different AI tools should Amazon sellers be using now as far as imagery? And then, what are the use cases that you see most useful?
Steve: Well, the first is the idea of simply being able to scale up your images. Right? You can upscale images with very high fidelity that you could not do in the old days, right? I remember watching shows, you know, maybe as far back as the 80s, you know, and the cop shows like, zoom in and enhance, and it's like anybody's ever worked with photos or videos. It's like you could zoom in all you want. You're going to see giant pixels. There's no enhance available, right? But today you actually can upscale those images. So anybody who doesn't have giant zoomable images, I think that's a lost opportunity and within that module, I put in a couple options that will do that upscaling for you. The other thing is coming very fast down the line is, you know, beautiful room scenes or lifestyle shots. They might be called with your product in the shot itself, and so that gives you just unending abilities to position your product in natural life. You know style images. There's any number of other ways you can do it. You know we use, uh, AI images to make themes, right, so you may say well, gosh, I want to have my I don't know my little travel bag and I want to show it with a, a Washington state theme or a, you know, a California theme, and AI will make beautiful, beautiful background imagery. And there's your social media right. You can just do that for every single day or multiple per day. Really incredible. The ideation that this AI brings to the table, I think, is worthwhile, and the quality, as you said, Bradley, incredibly advanced compared to how it was, you know, even a year ago, especially two years ago. So really, really, you know, images should be a high priority for everybody.
Bradley Sutton: I forgot it was a webinar. I was watching Kevin King. He showed some kind of like I'm not sure if it was released yet, but some previews of different AIs for video and it looked real. I was like, how is this not real? So what is available out there that you're not having to pay thousands, you know? Uh, obviously you can get super advanced stuff and you can make movies and everything you know with it, but something that's accessible to like Joe Amazon seller, um, who could you know, perhaps you know, make make a product video with just uploading an image or a short video and then and then make that into a nice video ad or something.
Steve: Yeah, so one of my favorites for this type of purpose is called Invideo.io, and I believe I highlight it in the Helium 10 presentation. But basically you can either just give it a text prompt, right, and it'll make an entire video for you. You say how long do you want it? What's your? You know, are you going on a vertical short format or a horizontal long video format? Right, so you know, one might be more appropriate for TikTok and the other one for LinkedIn or YouTube. And then you can even upload images of your product or videos that you may already have, and it can incorporate those and it will do the music, it'll do the voiceover, it'll do the pulling in a bunch of videos around it, and it can be very, very effective. And so you'll. You know, we use that every single day to make videos that are mostly good quality. There's a couple little pieces. It's like I basically told my marketing folks. It's like it's more important to have the video and get it out there and show some content and then have the final little you know accent or the little you know relic that's on the screen solved, but in video is very, very powerful, and that's just one example. There are many like it.
Bradley Sutton: What else. As far as you know, I think the number one thing for me that even I'm using AI and like even six months ago I probably still hadn't really used AI, but now I use it for almost every single one of my listings is like listing generation. You know, obviously, since Helium 10 has it, I get access to it for free. But hey, you know people, you know you can get free versions of ChatGPT. But that one is really powerful to me because I'm not just for you know, I'm, I'm obviously a native English speaker. I don't need help writing an English listing. But then sometimes I have writer's block and I'm like, hey, let me go ahead and say, hey, make a listing here's, here's my keywords, and I want it like in a funny tone. And then it's not the listing I end up with. But then I'm like, oh, this is a great direction. Let me just, you know, tweak a couple of things. But for me the power is like, hey, I'm going to make a listing in in UK and hey, I need to make one with British. You know English. Hey, I need to make a listing in Spanish. I can kind of speak Spanish, but I'm not a native speaker. So, uh, I can write all my prompts in English and then it'll go ahead and, and you know, make a listing in Spanish what. What are some things that you maybe think that sellers might be leaving money on the table as far as leveraging AI when it comes to their actual copy that they're doing, whether it's listings, whether it's, you know, blogs, et cetera.
Steve: Well, the first thing is I believe that because AI is so new as a tool and a lot of people, myself included, we had negative experiences right. I would generate an image on mid-journey and the guy would have nine fingers right and I'm like so the clear thing that a lot of us said is this stuff is crap, it'll never work, I'm out right. And if you had hallucinations or you had kind of weird images and you haven't revisited it, you're making a mistake. So when you get in there, the next most common mistake is single dimension thinking. Right, you say I need a listing for Amazon for this product and it writes out something that's, you know, relatively generic because you gave it one single dimension listing Amazon, this product. But if you say you know I'm, I want to add a language, like you talked about Bradley, or I want to write this like Dan Kennedy, You know one of the you know very, very best copywriters, or maybe you don't know the name of great copywriters. You go who are the top five copywriters, right, that are direct response copywriters, or who's the best you know, fantasy writers, whatever and then write it in whatever style that you're looking for. So, having a writing style, having an audience that you're trying to reach, is just adding extra dimensions to that. You know, first, single dimension concept right, I just need a listing. No, you need a listing written in a style for a platform to an audience, in a tone, right. And the more of these dimensions you add and there are far more that you could go the more personality comes out of that and that's really what you're looking for. You want the AI to help bring forward your own personality and I highly recommend people add additional dimensional layers and they will have better results.
Bradley Sutton: Switching gears a little bit and, who knows, maybe this conversation will, or the answer might be some version of AI. But you are in, you know you network a lot, you go to events, you talk to a lot of Amazon sellers and I'm sure you have felt the sentiment this year. It's probably, I would say, the most negative it's been in a while as far as new fees and profitability and competition. And hey, now there might be almost like Teemu-ish thing going on where Chinese sellers can sell directly and ship directly and stuff. And so what is your advice to those people who maybe have a little bit negative connotation compared to before as far as selling on Amazon, not sure how they're going to proceed?
Steve: Well, the first is, if they can get on the screen, I'll just pat them on the head. Hey, little buddy, it's going to be okay. So you guys can line yourself up if you're feeling down, and go in for the pat. Listen, I've been around a long time, right? Dinosaur is you know? They're the young upstarts compared to me. So I've seen these patterns happen for multiple generations of e-com. Right, believe me, back in 99, 2000,. It was the glory days. Then 2001, 9-11 happened and it was a nightmare and everyone hated everything. And the dot-com crash happened. And then it got really good again in the mid-2000s and everybody's flying high. And then the housing crisis and financial crisis globally happened and everybody hates everything again. Right and so and again, these continue to happen. And so my, my mission for true entrepreneurs is if you're going to be persistent, if you're going to be in the game, expect ups and downs. Do not play that just straight up line. There is no line that looks like that, even those crazy hockey sticks that you see. That you know from companies there were little iterations of up and down all the way, and I just want people to know that. You know, persistence is really part of the game and you know if you go to relentless.com. Do you know where that goes, Bradley? I do not. It goes to Amazon. And the reason why is because Jeff Bezos said if you're going to be an entrepreneur, you better be relentless so you can check it out right now, relentless.com for anybody out there. That's what you got to be. And so listen, it's okay to. I always say take one lap and go. This sucks, I wish this didn't exist. These fees, this competition, this problem, this whatever. And then get to work and try to solve it or come up with a strategy to get over the obstacle. That's your choice deal with it or get out of the business, and I think serious people have to get serious about business, so they should listen to a podcast for serious sellers. I don't know. There you go.
Bradley Sutton: Double clicking on your little dinosaur comment. You know, if I'm not mistaken, you even at one point kind of retired and got out of the game and then you got back in. How does somebody know when it's time to? You know, I'm not talking about the, you know long sail into the sunset or anything, but hey, it's time to just relax and enjoy life, or no, you know what? I still need something that drives me. You know, because it's not an age thing. You know like, I know people in their late 20s who retire because they've had enough success and they've accomplished what they want to. I know people in their 80s who are still working strong. So how does the entrepreneur get to a point where it's like you know what I'm ready to, kind of like, relax a little bit.
Steve: Well, the first thing is, you know, everybody's got their own context of where they came from and where they want to go. So don't let me project my stuff onto you guys. But I can tell you retirement 1.0 sucked right. It was awful, and it's not a question of you know. Could I do anything I want? Yes, I could, but my friends couldn't come out and play right, and my family got tired of being on vacation. My kids were tired of being on vacation. Now people can go oh, crying me a river. What kind of first world problem is that? But it's still a real problem, right? Because I did not enjoy it. And then I felt guilty, because I'm living a life that anybody would kill for and that doesn't make you feel good. So my brain is not wired to kind of check out. And so retirement 2.0, which I've recently begun testing we're in beta is basically just trying to say well, listen, I don't want to work 80 hours and I don't want to work any hours on things that I don't like. So over time you'll find things that you like or don't like and start positioning even your role within your current company on the things that you like to do. By the way, somebody loves to do the thing that you hate the most. Right, and I had this realization. One of my finest team members she's been with me gosh, it's probably coming up on, you know, 25 or 30 years she loves the thing that I hate the most. So I kept doing the details and very complex Excel sheets and forecasts and inventory and things that I hated doing far too long. When I was able to turn it over to her kind of an exasperation because I'm a terrible manager and I don't know anything. She's like, oh, thank God, I've been dreaming about this and I just couldn't imagine in my own small brain that, like somebody else, would love to do this thing. So remember that there's so many different people. Somebody wants to do the things that you hate to do. So please, the faster you can excuse yourself from the things you hate, get the people who love to do those things and then you'll start to chart. You know, chart your course, whether it is a financial course or a lifestyle course or whatever it is, towards, you know that, that bright future. Me, I, I have to do stuff. My brain will not allow it to stop and you know, that's why I try to spend so much time helping entrepreneurs. I want them to come on vacation with me and let's go play.
Bradley Sutton: That's good advice. You know I asked myself this question. You know, sometime of wondering, hey, well, when is it time to? You know, to hang it up, as it were. But I wouldn't be doing what I do if I wasn't feeling, you know, fulfillment and motivation from it. So as long as I still can, I'm still going to keep on trucking. Now, speaking of pre-retirement 1.0, one of your previous lives you were heavy into sourcing and things like that. I'm sure you keep your pulse on that industry as well. What should Amazon sellers these days be thinking about when it comes to, hey, I'm competing sometimes with Chinese factories. Now, hey, there's tariffs, you know, should I be considering India and Pakistan and Vietnam? Hey, you know, shipping prices are fluctuating like ridiculousness, you know, like as if it were still COVID. You know what's some just general advice you can give sellers who are, you know, thinking about those kinds of issues.
Steve: General advice get in the bunker and prepare for war. It is yeah, it's we still the companies I sold, we still have me and my team still have some supply chain responsibilities. So we're interacting frequently in this space and I just got off the call with some sourcing folks I have in Pakistan just before our conversation, and all of the things you just brought up are annoyances. They're just part of the thing. I did not predict shipping getting spicy again, but I did predict some of what I call kinetic action over the last couple of years. We've said the people who follow geopolitics. We've said there's going to be more kinetic action, which is a nice way of saying people are shooting stuff at each other, which is terrible. What that means is these supply chain disruptions are unexpected. The fact that the Red Sea is kind of closed for business is insane. Nobody had that on the bingo card, right. So everybody's going around the South African. I just saw two ships going around the Arctic on their way to Holland. So from China around the Arctic to Holland, and at some point they'll need icebreakers there. So there are unique things and unique challenges that we face, but it's kind of like take a beat, look at the immediate picture. Right, you have your short term. I got a ship product. Now deal with that, overcome whatever the obstacles, pay what you have to, and then think about all right now, in six months, what does it look like? And is there a way I can avoid this, whether it's resourcing elsewhere, nearshoring or onshoring.
Steve: But I can tell you like right now we have a very complex project and I've got people in Pakistan and India and it is very difficult to solve this problem. But that's why there's a moat right, and everybody who's complaining about how difficult or hard or whatever all of those are moats right. This is your advantage. We're, ultimately, most Amazon sellers are not manufacturing the product ourselves. We have somebody else do that. So what value do we add? We add all the value of solving the problems throughout that supply chain and then into the marketing side, like all of that is our value add, and we either add value and deserve what we make or we don't. And we deserve what we make right, and this is a very important point Our value that we're adding is overcoming all of these problems. So guess what? That's why they you know you get paid. You got to deal with the trouble.
Bradley Sutton: All right, before we get into your final strategies of the day. How can people find you reach out to you on the interwebs out there?
Steve: The awesomeers.com podcast still records videos from time to time and I have a whole founder series directed at folks. Just, it's almost like a little mini course for you. It's free, it doesn't, you know, doesn't take anything to do it. You can find me at parsimony.com just steve at parsimony.com. I spend most of my time on software and AI, trying to smash those things together in an enterprise way, right? So anybody who's doing you know 5 million, 10 million. If you're doing 10 million or more and you don't know what ERP is, you are unnecessarily driving yourself insane. But I recommend not going insane. Systems are better.
Bradley Sutton: Usually better not to. Yeah, yeah, you know.
Steve: I'm not a doctor, I'm just thinking.
Bradley Sutton: There you go, all right. Now, you know, can you give us a couple of 30 or 60 second tips? Could be about traveling, could be about AI, could be about sourcing, anything you want.
Steve: Well, one thing, I mentioned earlier that chat bots are going to be a big thing for early adopters in the next 12 months. But I want to call out one of my favorites, bland.AI is a voice customer service tool. And that company is an example of it. I'm saying this concept is coming to a voice line near you, and especially for brands who have the capacity to pay nine cents a minute to interact with customers. You train it on your own data and then this bot can be a sales person for you, a customer service person, and it's really really good. Bland.ai, amazing types of technology. I'm not suggesting this is the only company. There are many and many more.
Bradley Sutton: Is that the one that at Billion Dollar Seller Summit we were waiting for the helicopter, and then you're like here I'm going to call this, Okay, yeah, yeah, I remember that. I remember that it was kind of it kind of blew me away, yeah.
Steve: It's still the great example of what if you could just call a number and talk to a AI like a human, which is the ironic twist, and stop yelling representative a thousand times right, which is the ultimate nightmare. So all the big companies are moving this direction. I think small brands have this opportunity to, in the same way that AI can supercharge you know, a non-English speaker into beautiful English language listings, which should be a warning to everybody. Small guys can do what big guys do, right, whether it's video, voice messaging, AI levels of playing field. That is the most important point. So if you feel scared, if you feel nervous, talk to your friends, figure out those easy use cases, but don't be afraid of it. Embrace the fear and get to it.
Bradley Sutton: Thank you so much for joining us. We're definitely going to have you back. You know, unless you're on retirement 3.0 and full launch mode, we'd love to have you back next year to see what you've been up to, and I'm sure I'll be seeing you at an event. Are you going to Amazon Accelerate?
Steve: Yeah, yeah that one. I actually live in Seattle, so a good chance
Bradley Sutton: I know, I was like about to say just maybe walk there, ride a bike or something.
Steve: Yeah.
Bradley Sutton: All right, well, I'll be seeing you at Amazon Accelerate along with everybody else and thanks a lot for joining us again. | |||
| #514 - Managing 200 PPC Campaigns in 10 Minutes | 02 Dec 2023 | 00:33:37 | |
What if you had the power to manage over 200 Amazon PPC campaigns in just 10 minutes each week? Imagine the time and resources you could save with the right tools and strategies. Join us in this episode as we share how we use the Helium 10 PPC tool, Adtomic, to streamline our campaigns and work smarter, not harder. Bradley shares his best tips on campaign structure and show you how to apply rules to automatically transfer successful keywords from broad campaigns to exact ones. Ever wondered how to navigate the labyrinth of Amazon PPC management? Allow us to guide you. We've harnessed the power of Helium 10's Adtomic tool for campaign automation and optimization. Discover how to conduct regular campaign audits, use negative keywords to curb wasteful spending, and use Adtomic to pinpoint unprofitable keywords. Now, let's talk profitability. We know you're in this business to make money, so we'll show you how to optimize your Amazon advertising costs to maximize your return. We'll demonstrate how to set goals for ACoS and TACoS and use the Adtomic tool to optimize bids. And before you think about outsourcing, let us convince you of the merits of understanding Amazon PPC yourself. Despite your busy schedule, we believe learning how to manage your own PPC should be a priority - and we'll help you see why and how. Google ads, Amazon PPC techniques, factors to negate keywords, and insights beyond the attribution window - we've got it all covered. We know the value of data and why you need to pay attention to it. Intrigued? Excited? We hope so because this episode is packed with strategies and tools that could revolutionize your Amazon campaign management. In episode 514 of the Serious Sellers Podcast, Bradley talks about:
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Bradley Sutton: Today I'm going to show you guys how I managed my 200 PBC campaigns in only 10 minutes a week, plus answer all the questions you guys submitted live. How cool is that? Pretty cool, I think. Do you want to see how your listing or maybe competitors listing rates as to best practices for listing optimization? Or maybe you want to compare a group of ASINs or Amazon products to see how they compare to each other? Maybe you want to see within seconds the top keywords for a single listing or a group of listings? You can do that and more with the Helium 10 tool Listing Analyzer. For more information, go to h10.me/listinganalyzer.
Bradley Sutton: Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that is our monthly Ask Me Anything, where we go ahead and take your questions live after giving you a demo of a cool tool that can definitely give you serious strategies for Serious Sellers of any level in the e-commerce world. Today you'll notice I've got my what I call my Adtomic hat and shirt on. That's because I'm just going to give you guys kind of like a 10 minute run through of what I do to go through and manage my PBC accounts. I've been using Adtomic for since it was before Adtomic Used to be called At. So I've been using it for probably about three years now and you know I have probably over 200 PBC campaigns, over three, four accounts that I use it on, and I pretty much you know some. There can be a week where I don't even open it once, like it's doing everything for me. On average, I would say I spend about 15 minutes a week just checking out what's going on and implementing suggestions and things like that, and that's over 200 campaigns. So let me just give you kind of like a little idea about how I roll through it. Like maybe you used to use Adtomic before but trust me, it's like way different Now. A lot of this stuff. I already just recently audited the account, so you might not see too much new information here, but let me just show you what like my process is and why it only takes me like 15 minutes Now.
Bradley Sutton: First of all, I have everything set up in kind of like my campaigns talk to each other, all right, and regardless if you guys use Adtomic or not, this is how I feel you guys should set up your PBC. All right. You have these groups of campaigns that all go to one product, and you've got one that's a exact manual campaign. You've got a broad or phrase match campaign I like to call that a research campaign You've got an auto campaign and then you've got an ASIN product targeting campaign, potentially a sponsor display campaign and then potentially sponsored brand headline campaign. So all of these kind of talk to each other, the auto and the broad campaigns. You can view those as kind of like keyword harvesting campaigns, discovery campaigns. You're discovering keywords that you might not be targeting yet and then, if you find some good ones now you move it to the exact product marketing campaign. Maybe you move it to the exact match keyword campaign, all right. But again, everything talks to each other so that you know the campaigns are benefiting each other, all right.
Bradley Sutton: So this is where I let me just show you how I set up that, that kind of like flow that I just talked about. So, for example, here is my large coffin shelf rule rule group, all right. So we've got a large and a small coffin shelf, or a large coffin shelf, and then there's a variation where it's a large and a small together. All right, I'm targeting both of those in my PPC campaigns. And here's the rules that I have set up so that I am not having to just, you know, every day download Excel sheets and make pivot tables and things like that. What I did is I put all of those campaigns right here in a group of campaigns. I've got my performance campaign. I actually have two. You know I probably hit like 25, 20 or 25 targets in one. So, like now, I only add it to a new one.
Bradley Sutton: I've got my product targeting campaign. It's an ace in targeting campaign, sponsor display, my auto campaign and my research campaign, which I actually have as a broad and, as you can see what these checkbox that I'm showing on the screen for those of you watching this is. I'm saying, hey, if you find a keyword in the research campaign, like a broad right, like, let's say, I'm targeting a broad target coffin shelf and all of a sudden I get sales on this keyword coffin shelf for gothic decor, like a long tail keyword that I wasn't targeting, I'm saying, hey, find it here and then go ahead and put it in my performance campaign because instead of waiting for Amazon to show me in this broad match and just like hope that Amazon shows me, no, I want to target it specifically, all right. So that's basically all of these little boxes up here is me telling Adtomic to look for keywords in certain campaigns that I don't have in the other one and then, if it's good, go ahead and add that keyword as a manual target, be a product or keyword. Now, it's not just any keyword. Um, you can put your own criteria. So, as you can see what this is, just me, this is not saying oh, you guys have to copy what I'm doing right here.
Bradley Sutton: I said I only want you to move this keyword to an exact campaign or suggest to me to do it if it gets at least two orders, cause, you know, sometimes there might be one, or like it might be complete fluke. You know, like maybe Amazon has me in an auto campaign and for some crazy reason, they showed me for my coffin shelf or, uh, you know a keyword egg tray or something like that, right, and then it could be like five days after clicking to add maybe the person actually does buy a coffin shelf. You know, it's probably not going to happen again, right? So I I put here a minimum of two because to me I'm like, hey, I want two people to order something. Then I know, hey, this is probably kind of like a good, a good keyword. And then I said, and I want my ACoS to be 30%. You know, if I had to spend 200% ACoS just to get these two sales, probably not that great of a keyword. And so, basically, that that's what it's doing, it's going to, it's going to, it's going to look at this.
Bradley Sutton: I could set here the look this is, by the way, this bottom part is all new. I could look at the look back period. You know, some people might say, hey, I want to look at the last 30 days. Some people say, hey, no, I want. I'm a big seller, you know I'm doing spending $1,000 a day. I want to look every five days if there's new ones that meet this criteria. I put last 60 days. And then, hey, how often do I want to check this? I put daily. And then, what time zone do I want this rule to be off of? Now? I could automate this, right, I could automate it, but I'm not going. I don't automate my mind because I just like to be able to, to to click on it. Now, what about? On the flip side?
Bradley Sutton: It's arguably more important to have good negative match, good negative match rules set up, all right. So I've got a negative match on this auto campaign and let me just show you how I have that set up. In the negative match, my, my rules aren't talking to each other, my campaigns aren't talking to each other, all right, cause I just like to do it in isolation. So I put here hey, I don't know why I didn't put this, somebody put six clicks. I don't want to get a negative match if it's just six clicks. So I'm going to split $10 here or $5 spent. So what does that mean? So some people people have their hands on the cookie jar in the project exit count and keeps screwing up my, my things that I have to end up changing it back.
Bradley Sutton: Anyways, what this means is I'm saying, hey, if I get 15 clicks on a keyword or a search term in this auto campaign with getting zero sales, I want Adtomic to suggest to me to go ahead and negative match this so that I stop spending. Or if I spend $5, regardless of the number of clicks on a certain search term with zero sales, I want Adtomic to suggest to me to negative match that. And that's all this is doing, all right. So this is what. Again, I don't care if you guys are not using Adtomic, if you're just downloading spreadsheets. This is kind of like what you should be doing, right? I hope you're doing something like this where you know every few weeks, you kind of uh, you know audit what's going on on your PPC so that you're not wasting your spend, all right. So that's the kind of just the simple structure.
Bradley Sutton: I can go a lot deeper into. You know budget rules and and different kinds of uh. You know situations there for what I want Adtomic to look at, but I like to keep my stuff real simple and then so, basically once a week, I come in here to my suggestions and oh yeah, by the way, one thing I forgot to tell you guys is I set everything at target ACoS, all right, there's different rules for my bidding, all right. So I was talking about keyword harvesting, keyword negative, what my rules were? Well, there's different rules that I could pit for uh pick for my bidding.
Bradley Sutton: As you can see, I put everything here on uh and this is like AI powered. I want to target ACoS, like I want the campaign to perform at a 20% ACoS on almost all these. All right, I could choose max impressions or max orders, that it's not looking too much at the ACoS, but just just for this account I have everything on uh target ACoS and then I could put min, max, max bid. You know, like, maybe I have a $10 product and I know I never want to go past $1 on a, on ACoS per click. So I could say, hey, for my bid, I never want Adtomic to try and raise this bid on this search term or on this target. I should say for more than $1, or I want to. I never want to suggest to me something lower than than this. All right, so so that's that's. Uh, that's another thing.
Bradley Sutton: So now, once a week I have my, my bidding, uh, you know, targeting, uh algorithms. Here I've got my rules as far as my positive keywords, my negative keywords. All I have to do is go to the suggestions, all right. And then, for example, uh, what I'm looking at here is the AI bids. So, hey, my, my target ACoS is 20% and let, on this keyword, my ACoS is 86%. So it's telling me to go ahead and lower my bid. All right here. And then, if I, if I agree with the suggestion. All I have to do is click one button. I can actually click the whole entire page here If I agree with all these suggestions, and it happens instantly.
Bradley Sutton: I'm not finding it in seller central. Where is this campaign? Where, you know, let me click on edit bid and let me, you know, find it. This and that that would take just by itself. You know like how, how many. I have a hundred and seventy nine bid changes I need to make. Do you know how long it would be to find these in my, in this account only has like maybe like 75 campaigns, but to go find them in these 75 campaigns and go into the ad group and everything and change these one by one, that would take forever. I could literally do it in 10 seconds right here if I just click a couple of buttons.
Bradley Sutton: All right, here is my new keywords. I actually do have two ones, all right. So let's take a look at what it found. All right, take a look at this, look at this keyword here Coffin shaped shelf. All right, I spent $7 on this and I got $89 worth of sales. All right, and this was from an auto campaign. And so what is it telling me to do. It's saying hey, click me and then go ahead and add this to your manual campaign and, potentially, your broad match campaign. Now again, am I having to go find these campaigns, add a target, set the bid and all that stuff, like I would if I, if, if I'm down, if I'm working in seller central, uh, manually? No, I just click one button and boom goes the dynamite. It is now done. It is now added to that campaign so that I can go ahead and target that manually.
Bradley Sutton: Here's another keyword that it just found. Again, it must have found this in the last four days because I just audited this. I just went through all my suggestions. Like three days ago, wooden egg rack, I spent $5 on uh, which campaign is another auto campaign. I got $55 worth of sales. It's saying hey, go ahead and add these to your manual campaign. All right, it would do the same thing for ascent targets as well. That it might find in the auto campaign.
Bradley Sutton: Again, negative keywords. It's, it's, it didn't find anything right now, but that's where it would be All right. Now, what if you're just getting into Adtomic and you don't have all your rules set up and and you're just setting up your campaigns? It might take a while. What I suggest doing is like audits on your account, all right, and I just did this audit. Let me show you the kind of audits that I do. I go right in here to analytics and the first thing that I want and again, nothing should come up here that's not already negative matched, because I, like I said I already went through this.
Bradley Sutton: But let me show you what I did to, in seconds across my account, find the worst keywords. So what I did was I said, hey, I'm looking back at the last two months of PPC activity here and I'm saying, hey, I want to see something that gave me zero sales, all right, but I had at least 30 clicks and I'm on the wrong page. I need to go to the search term page. Let me go to the search term. I can look at this at the ad group level, campaign level, target level. I'm going all the way down to the search term level in this case, all right. So again, I'm saying, hey, I had zero PPC orders, but I spent, let's just say, $8 at least on a keyword or on a search term, and what came up? Look at this Right instantly.
Bradley Sutton: Now, great, I'm positive. I already negative match all of these because, like I said, I just did this audit. But look, if I had done this earlier I would have saved myself $152. Right here. This is not a big account, guys. This project X account doesn't do that much in sales anymore, but still, this is how much money I was wasting $150. I can just negative match all of these in one fell swoop. Right, right, instantly. All right.
Bradley Sutton: What about the flip side? What if I want to find some killer keywords again? All of this is automated anyway, so that that's why I don't have to negative match any of these, because it already did it. But what? What if I'm like hey, is there anything that is is is doing really well for me that maybe I could increase my bid on? So I'm going to go to my target instead of search term level, all right. And I'm going to say, hey, show me something that got at least one order. But the ACOS was less than 5%, like crazy kind of ACOS. Right, and take a look, there was three targets that hit that. All right, now you can see I already change it.
Bradley Sutton: But look at this. I was targeting this asin in an. It must have been in a product targeting or sponsor display. Look at this. It was a sponsor display campaign, guys. I spent a dollar and 42 cents and I sold $119 worth of product for a 1% ACOS. I could be leaving money on the table by having such a low bid. So my bid before was 47 cents. So you can see I already took action and I raised it up, almost doubled the bid, to see what would happen. Look at this one. Here's one where this broad match target fresh egg holder countertop. I had the bid at 51 cents and after one click I got $18 worth of sales. So now I raised the bid to $1. Cause I'm like, all right, let's see if I can get some more action on this keyword. But again, I click literally two things to be able to find this. So this is why, guys, I have four Amazon accounts and over 200 campaigns. This is why I can spend 10 minutes a week doing all of it and manage everything.
Bradley Sutton: Now I was going to go into a refund gene a little bit, but I went kind of long here on Adtomic, so I want to just make sure there's enough time for Q&A. So at this time I'm going to check back in the questions to see what questions you guys were asking. You can ask me about anything Helium 10 related here, and it doesn't have to be about PPC, it doesn't have to be about Adtomic. Another Facebook user says what can we do to reduce PPC? I pay a lot and every product I sell is paid for by Amazon, all right. So one thing is don't think about it. As far as you know, reduce PPC Like, if you're profitable, who cares if you spend a million dollars on PPC, if you're making $8 million, right, and you're profitable, right.
Bradley Sutton: So it's not just about the amount you're spending, but if you're be thinking more of, in terms of profitability, if you're spending so much on PPC that you are no longer profitable when you make a sale, yes, that is something you absolutely need to tackle and there's different metrics. You can look at that, you know. Maybe you're looking at your TACoS, your total, ACoS. Maybe you're looking at just your ACoS at the campaign level and you need to know what is your breakeven point, what? At what ACoS or TACoS are you able to turn a profit? And then that's the goal you set. And again, I just showed you guys how to do an Adtomic. You put in that goal of what you're trying to do where you know you can be profitable, and it's gonna kind of give you these suggestions automatically on what how you need to lower your bids in order to hit that goal. And, at the same time, it's not just about lowering bids, it's about stopping altogether spend on keywords that just are not doing it for you. So pretty much everything that I just showed you today, that is exactly what you need to be doing. You know, even if you whether you have Adtomic or whether you don't have Adtomic doesn't matter. You need to be auditing your account, looking at those metrics.
Bradley Sutton: Another Facebook user says what is the best ACoS? So the best ACoS is what you can make money on. All right, for some people it's 5%, because they have very slim margins. Some people it's you could be like 80% ACoS right, and you're not making money. But guess what? It's okay because you've got products in like Subscribin' Save or some kind of replenishment right, where you're willing to lose money on that first order, because you're selling tea or you're selling coffee or something like that, because you know that they're gonna turn on Subscribin' Save or a certain percentage of customers, so you're willing to lose money on that first order and because you're gonna get that money back, all right. So again, the answer to your question is there is no magic ACoS number. The magic number is whatever you can still be profitable at.
Bradley Sutton: Somebody says my ACoS I'm not sure they're the same person because I can't see your name but they said my ACoS is 70%. You know, for me, if it was 70% that would be terrible. I'd be losing money, crazy money, because I do not have enough margins on my products where I can afford 70% ACoS. But three years ago me, I was doing a lot of supplements which I'm not doing anymore. I absolutely wanted 70% ACoS, all right. I've got an account that is a hemp cream, all right. And I'm totally fine with 50% ACoS because I'm getting people and Subscribin' Save, absolutely fine with 50% ACoS. But you know, in my coffin shelf, brad, I want 20% ACoS, all right. So you gotta use these kind of you know reasoning here in order to know if your ACoS is good or not. I've got a shout out from Tony from YouTube. He or she says cheers, cheers. Back to you.
Bradley Sutton: Another Facebook user says what subscriptions should we upgrade to so I can communicate with me more? The way that you can communicate with me, regardless of levels is here Once a month. We open this up so you can talk to me on these, on this. Ask Me Anything. If you want to be able to reach out to me in a Facebook group that I check every day, it's the Elite Group, so only Helium 10 Elite members have direct access to me. You can even book one-on-one calls with me if you're a Helium 10 Elite member, and we also have weekly Zoom calls that usually I'm on as well. So lots of touch points in the Elite Program. I'm not trying to sell you Elite right now because, guess what, if you want to sign up for Elite right now, you can't. It's closed. It only opens up certain times of year and right now it's closed. But you know, go to helium10.me forward, slash elite. I think there's might be a waiting list there. And if you want to join that so that you could be able to talk to myself and Kari and Chevali and Kevin King, then yeah, make sure to sign up for the wait list for that.
Bradley Sutton: Another Facebook user says I hired somebody, but unfortunately I don't get any profit. I pay a very high fee. For instance, the payment is 500. Are you talking about you hired somebody for PPC management? If so, don't do it. I suggest to anybody out there don't outsource your PPC unless it is a resourcing thing, in other words, that you, you're, you're trying to expand and you're a one person one man or one woman show and you just don't have the bandwidth to do PPC. But you know how to do PPC. Okay In that sense, go ahead and hire an agency or or a service provider to to to take care of it. But it's important that you know PPC really well yourself first. Otherwise it's going to be hard for you to judge the work of an agency or a service provider if you don't know what is good and what is bad management.
Bradley Sutton: Now my suggestion if you do have the bandwidth, you 100% should be doing PPC yourself. All right, you absolutely should be doing it yourself. Like, it's not that difficult, it's. It's complicated, right, there's a lot of moving parts, but, as you can see, tools like Adtomic just completely simplify the process and make it really fast. And that's why, to me, it's not even a bandwidth issue, if I can manage to I mean, guys, I work at Helium 10 full time, more than full time. Like you think I have time to be managing all the all these things on my own. I that's. I only spend 20 minutes working on PPC and that's that's for four Amazon accounts and I have a full time day job. Right, it's not that much. You should be doing Adtomic yourself or you should be doing PBC yourself.
Bradley Sutton: In my opinion, if you have a tool like Adtomic Now, if you were trying to do it on your own and you have to do it manually and you've got 200 campaigns, what I do in 15 minutes would take you maybe five hours a week, if not more. All right, just look at that. Remember that bid page that I was showing you guys 179 bids after just five days to change, like what. That just takes forever to do manually and even to get to those calculations. So if you're on your own, I highly recommend not hiring out and there are plenty of great agencies out there and there is a need for them, like, we love agencies out there, I have them on this show, right. But those, the ones who I suggest using those, are the ones who have kind of like outgrown. They're like hey, I'm a seven figure seller and I've got 3000 campaigns to manage and I've only got one employee. I don't want to have to train somebody from scratch. Okay, go ahead and hire an agency, but if that's not you, I think you should be doing PBC yourself.
Bradley Sutton: Somebody says the ACoS was 1%. Yeah, on that. On that example that I showed of how I had this crazy good search term, I had one where the ACoS was 1.18%. And then so that's a situation where it's like, let me raise my bid up right on this target because you might be leaving money on the table when your ACoS is so low. Because, like, let's say, my bid where I got that 1.18%, what was it? It was 47 cents. Right, maybe that 47 cent bid is only getting me impressions 10% of the time, like at the end of the day, when other people's budgets are out. Oh, then I start getting some bids or I start gaining impressions at that 47 cents. Maybe if I raise it to $1, I could be getting impressions all day long. All right, is my ACoS going to be 1%? No, but I don't care. If my ACoS is 10%, 10 times as much, I'm still making money like crazy. Because if my break even point is 20, 25%, that 10% is still making me money. So that's why you want to look at the small ACoS and don't just like pat yourself on the back and say I'm a PBC king, no, you want to raise that bid up because you might be leaving money on the table. All right, let's keep going with the questions now.
Bradley Sutton: Dennis says what should be an approximate ad spend to justify Adtomic monthly fee. It depends on how you value your time. It's $1.99 a month for Adtomic and that includes $10,000 spent. So basically that means if you are spending less than $10,000, if you're paying Amazon in PPC fees less than $10,000 a month, you're only paying that flat rate of Adtomic $199. So at that point it's a matter of how do you value your time. Like, if you value your time at $50 an hour, right, if you value your time at $50 an hour and it takes you 10 hours a month to do your PPC, that means you're kind of spending $500 of your own time on PPC and in that sense is $200 of Adtomic to take that 10 hours down to 30 minutes or less than one hour. Is that worth it? Absolutely it's worth it. You know Every week Above that it's still a matter of time savings. All right, if you're spending $20,000 a month to PPC, you've got a pretty big operation. All right, you know you're probably a million dollar seller. If you're spending $20, $30, $40,000 a month on PPC, it probably would take you a full-time employee to manage your PPC, or paying an agency like $1,000 a month or something like that, right? So in that sense again, it's probably worth it to have Adtomic, it's all. There's no right or wrong answer here. It's about how you value your time. If you only value your time at $10 an hour and it only takes you 10 hours a month to do PPC now manually, is it worth it to get Adtomic? Probably not, I'll be honest, probably not. But if you value your time more, then I would say it's worth it.
Bradley Sutton: Dennis, how to get initial reviews apart from the Vine program? That's pretty much it you know like. If you're talking about like some actual service that is, terms of service, approved, it's Vine. You know that's the only program that Amazon has for reviews. Now if you just wanna get a better chance at getting more reviews, you can use the Request Review. Amazon allows you to send one Request Review per order to customers. Has to be at least, I believe, eight days after the product delivers. So you can automate that in Helium 10 follow-up, right, you don't have to click one by one each order to say hey, let's say hey, 13 days after the product is ordered, send a Request Review. That actually triggers the Amazon Request Review inside of Seller Central. But you're doing it from Helium 10 follow-up and then you could just say, hey, do it on this day and only orders in this marketplace or only this ASIN, this schedule, this other ASIN, this other schedule. You can automate that and basically do, set it and forget it, and then that can give you a better chance to get a review, because your customers are theoretically reminded to leave a review more.
Bradley Sutton: Sergio says what factors do you decide to negate a keyword or pause campaigns? It's very rare that I pause a whole campaign, right, like I don't think I've ever paused a whole campaign because my campaigns will have five, 10, maybe 15 targets. Sure, will I pause a target in the campaign, but all 15 of my targets are bad and I'm like that's very rare, you know. But to negate a keyword, I showed you what I put in Adtomic. I put, hey, I want at least 15, 20, sometimes 25 clicks and slash or a spend that's equal to 50% or more of the retail price of my product. So if I'm selling a $30 product, I put $15. In other words, if I get $15 worth of spend on a target with zero sales, I'm probably gonna go ahead and pause that target. What if?
Bradley Sutton: Another question from Sergio is what if the keyword is highly relevant but competitive and have to spend a lot to rank? Check your conversion rate, all right. So look at your conversion rate for that keyword in search query performance and see if it's really bad compared to your niche as a whole. You gotta figure out why. All right. So it's not just a matter of, oh, let me pause this or let me just keep spending a lot more money, et cetera, et cetera. It's a matter of you gotta figure out if that is your most important keyword, why are you not converting for it? Why are people converting for others more than yours? Is it your price? Is it your pictures? Is it your bullet points? What is it? That's something that's very important to consider. I don't just blindly change bids or just pause or just give up on a keyword just because I'm spending too much money. At the same time, I don't just blindly keep it going because I know this keyword is important. I have to understand why my conversion rate is not good on it and try and fix it.
Bradley Sutton: Matt says I've noticed that my overall ACoS for my PPC has almost doubled to 28% over the last two weeks. Does PPC usually get expensive around Christmas? Yes, ACoS per click goes up. A lot. People raise their budgets, they raise their bid sometimes and that's just gonna drive up the cost. So that is. I'm not saying oh, you gotta deal with it and be happy with losing money. But no, if you're asking, is this typical for this time of year, the answer is yes, and the reason why is because, again, people's budgets are higher, so that means less people are running out potentially of budget, so that you're not getting in at those cheaper prices that maybe you would towards the end of the day. Normally Other people are just like taking a blanket raising of their bids across the board so that to try and make sure they get top of search and that could be raising the bids as well. But yeah, this is a very competitive time for PPC.
Bradley Sutton: Tony says what is the thing with the electronics category? Why don't you get data All the time? I mean, we can only give what Amazon gives, and so a lot of products in the electronics category, amazon doesn't give parent level BSR, so that means we can't have a sales estimate for it. Uh, now the says I spent $500 a day in ads. Uh, I get over 200,000 impressions, 350 clicks, but zero sales from those. However, my organic sales are extremely good. Is it because my impressions, my clicks? I'd make sure you're.
Bradley Sutton: Uh, what is your look back period? I would not look this week. Make sure that you're looking at least one to two weeks back, and if those are the numbers you're seeing, that's very strange. I don't think I've ever seen 350 clicks in zero sales. Now, if that's across, like you know, 40 keywords or something, okay, well, well, that makes a little bit of sense. But first of all, make sure you're you're looking outside of just the, the attribution window. If you're looking within the seven days, it could very well be that somebody today is going to click on something or going to buy something that they clicked on maybe a week ago or something, uh, and you might be looking at the data and they'll say zero sales. But if you look at that same data for this week, in two weeks, it'll say you had sales. So I would make sure you're looking back at least two weeks, first of all.
Bradley Sutton: But then, if, if it is true that you're just not getting sales, you got to figure out why are these keywords relevant to your listing? Now, if you've just got a whole bunch of those 350 clicks is across 50 keywords, right, so that each one is less than 10. I'm not sure it's time to panic yet because, like I said, I wait until I get 15, 20 clicks with no sales before I start worrying or thinking. That's not going to be good for me. You know, maybe only seven clicks per keyword has happened. Who knows, maybe your eighth click you're going to get a sale. So it all depends on what kind of um, what time period you're looking back on.
Bradley Sutton: Oh, and your, your second question kind of alludes that uh, now that it says could clicks that haven't been attributed to sales for that day be attributed to a high organic sales the following day? Uh, clicks can't be attributed to organic uh sales, like it's either one or the other. But if, if, if the sale, uh, the, the sale that you see might not be updated in Amazon as a PPC order, if that's what you're asking, then yes, that is possible, which is again why I suggest looking no less than uh a week, a week back and an older, instead of looking at this week. We got one more here. Let's see.
Bradley Sutton: Matt says I love the freedom ticket course. Great job, learned a lot. Can you recommend a Google PPC course? I'm looking to drive more external traffic from Google directly to my Amazon listing. I've actually been looking into trying to create some content not myself because I'm not a Google expert but we might be bringing some Google ads into uh Helium 10 as far as in our training, so that we can, you know, let people know how to drive that external traffic. But even you know something that's very lucrative these days, even more than Google ads from right here is Tik Tok uh shop, and, and so I I suggest looking into Tik Tok shop If you haven't done so yet, matt, and we'll have some content about that soon as well.
Bradley Sutton: All right, guys, thank you so much for joining us. This is something that our serious sellers club and our elite members get every single week here, which is our ask me anything, but once a month we go ahead and open it up to everybody, like we did today, and we also repurpose this as a podcast. So thank you, guys, so much for joining us and we'll see you next week. If you're an SSC member, we'll see you guys next month. If you're just in our Facebook groups and make sure to write all your questions down about Helium 10, I'll try and get them answered right here, live on the air. Thanks a lot, guys. Bye, bye now.
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| Helium 10 Buzz 11/30/23: Amazon 3D Images Released | Black Friday Results | Helium 10 New AI Image Tool | 30 Nov 2023 | 00:19:07 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Amazon Hosted Record-Breaking Black Friday and Cyber Monday Holiday Shopping Event, and Announces Millions More Holiday Deals to Come https://press.aboutamazon.com/2023/11/amazon-hosted-record-breaking-black-friday-and-cyber-monday-holiday-shopping-event-and-announces-millions-more-holiday-deals-to-come They did it again! Shopify merchants break Black Friday record with $4.1 billion in sales https://news.shopify.com/they-did-it-again-shopify-merchants-break-black-friday-record-with-41-billion-in-sales Save the date for Amazon #unBoxed2024 in Austin, Texas. https://www.linkedin.com/feed/update/urn:li:activity:7135687573812768768/ Focus: Walmart shifts to India, cuts China imports https://www.reuters.com/business/retail-consumer/walmart-shifts-india-china-cheaper-imports-2023-11-29/ Stay tuned as we explore Helium 10's newest features, including an exclusive AI-powered image generator for Amazon Sponsored Brand ads and the ability to generate custom images for Amazon ads and Amazon Posts. We'll be sharing hands-on demonstrations on how to use these features and their potential benefits for third-party sellers. Plus, we have news on a monthly networking call in Spanish, designed to help Spanish-speaking sellers connect and share strategies. Join us for all this and more as we continue to provide you with innovative tools and updates that are transforming the Amazon and E-commerce landscape.
In this episode of the Weekly Buzz by Helium 10, Bradley talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript Bradley Sutton: Soon, you can upload 3D images for your products on Amazon. Results from Black Friday. Amazon Unbox Conference date and new location announced. Amazon transparency update these stories and more on today's episode of the Weekly Buzz. How cool is that? Pretty cool, I think.
Bradley Sutton: Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our Helium 10 Weekly Buzz, where we give you a rundown of all the news stories that are going on in the Amazon Walmart e-commerce world. We also let you know on the brand new tools and feature updates that Helium 10 has, as well as a training tip of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing this week. All right, let's go ahead and hop right into the different news articles Now. The first one was an announcement this week from Seller Central itself, so you can see this in your dashboard, and it's entitled 3D models to replace 360 degree images starting December 14th. All right now. This is going to be for US, UK, Germany, Spain, France and Italy. All right now.
Bradley Sutton: In the past, you could supposedly it says here you could put 360 degree images. Now, project X products had it, project 5K products had it. We never requested it. It was like Amazon just choosing to do on your own. I never actually heard of many people, if any, who were able to request the 360 degree images where you can kind of like put your finger in the app and like drag it around and see the whole thing. I've never actually known somebody who outside of like vendor central who could request that. But regardless, 360 degree images are going to be a thing of the past. And what is replacing it are these view in 3D, different kind of like experiences, view in your room, virtual try-on and showroom? So this was announced a while back at, I believe it was Amazon Accelerate. There was some talk about this. Now, what Amazon is going to come out with, what they said is, hey, to make it easier if you do create 3D models. It's not like we have like imaging software, right, they're working on a tool that'll allow you to use your phone in order to scan your product and create a 3D model. So more news on that coming soon, they say. But that is a change that is pretty imminent, because it says, hey, this is going to happen in December 14th.
Bradley Sutton: All right, so next article is going to be also from Amazon. It was a press release that they did, and this is about Black Friday results, right? This article says Amazon hosted record breaking Black Friday and Cyber Monday holiday shopping event and announces millions more holiday deals to come. All right, now I don't know how they calculated this, but they said customer save 70% more on Amazon during its 11 days from November 17th through Cyber Monday compared to the same period last year. Now it also cited a recent independent study from Profitero and it said that Amazon had the lowest online prices entering the holiday season, by an average of 16% across 15 different categories, compared to other leading retailers in the US, and they're on pace to deliver fastest delivery speeds for Prime members in the company's 29 year history 29 year history I didn't even know Amazon's been around for 29 years. That's crazy. Anyways, just some random stats here that Amazon talked about says customers ordered more than 500 million items from third party sellers. All right, and so that's a lot. This is just again. During 11 day period, and also some new programs started getting the limelight with their first kind of Black Friday. It says for the first time, prime members purchased great deals directly from Buy With Prime merchants during the Black Friday and Cyber Monday holiday event. And it said merchants who participated in promotional activities experienced an aggregate more than a 300% increase in units purchased through Buy With Prime versus their daily average for the month of October.
Bradley Sutton: So let me know out there, what about you guys? Anybody have some good numbers to report? I heard some people say hey, you know, cyber Monday actually worked out better than Black Friday, but how is your whole Cyber Five altogether? You know how was it from Thursday all the way through Monday? Let me know in the comments below, speaking of Black Friday, how many of you guys have Shopify websites? An article from Shopify, similar press release, says they did it again. Shopify merchants break Black Friday record with $4.1 billion in sales. So it says hey, from the crack of dawn in New Zealand, which is where you know, it becomes Black Friday first through the final minutes in California. Well, that's not right. The final minutes of Black Friday is in Hawaii. It says our merchants drove a 22% increase in sales over last year Shopping peak, when collective sales reached 4.2 million dollars per minute At 12 pm Eastern on Friday. Uh, what about you guys out there who've got Shopify websites. How is your Shopify Black Friday and Cyber Monday? Uh?
Bradley Sutton: Going back to amazon now there's an announcement on amazon ads linked in Uh for amazon unboxed. You might remember amazon unboxed just a few weeks ago in New York, where it's been the last couple of years, you know, we did a podcast live there. They announced all kinds of cool stuff like sponsored tv and things like that. Well, uh, is amazon unboxed going to be in New York? Uh, in October next year? Well, it is going to still be in October, but guess what, guys? Uh, it is now moving to drumroll, please, Austin Texas. All right, so save the date, guys. If you miss this year's unboxed Uh marketing your calendars. Amazon unboxed 2024 for the first time Austin Texas, October 14th through 16th.
Bradley Sutton: Next article, going back to amazon seller central Uh, we announced this update a while back, where they kind of teased that this was coming, and now it's uh going to be in effect, and this is about amazon transparency. Amazon transparencies, a way to to help kind of uh dissuade counterfeit sales of your product. And they now announced amazon being that you can now have use your own serial numbers for transparency. All right, this is new, you know, you don't have to use theirs. You can use your own Uh serial numbers. And, again, you know, if you are uh active with your products in transparency, it means that they can't be listed or shipped to customers without valid codes. So if you have trouble, like with hijackers and things, basically this means that people you know, other sellers trying to like, list your or you know, add their uh the skew to your ASIN, it's not going to get accepted or shipped if it doesn't have these transparency uh codes. So for more information on that, check your uh dashboard.
Bradley Sutton: Now interesting article. This one is coming from Reuters and it was entitled Walmart Shifts to India Cuts China Imports. Now, this is interesting because, uh, it basically said that they're moving more for the Walmart products that they produce themselves. They're moving the production more and more to India. All right, the world's largest retailer, Walmart, this article says, shipped one quarter Of its us imports from India between January and august this year. All right, that compared with in 2018 2018, guess how much? 2% it went from 2% to 25% being produced in India in just the last five years. The data, according to those articles, shows that it only 60% of its shipment only quote, unquote, only came from China. Now, the reason why it's only 60% is because in 2018, it was 80% of all of Walmart’s products were made in China. But China is obviously still Walmart’s biggest country, but it talks about, you know, hey, there's a shift happening at Walmart, you know.
Bradley Sutton: Guess what guys? Project x, all of our products have been made in China. Until Two months ago, we produced our very first product in where? India? All right, so that is going to be coming. You're going to see a feature podcast where we talk about the development Of that product, and we'll have Meghla on here. She helped us source it.
Bradley Sutton: But big companies like Walmart, amazon, third-party sellers more and more are moving production outside of China. What about you? Are you still producing everything in China? Are you producing in India? You producing in Pakistan or other countries? Let me know in the comments below, all right, uh, one more thing before we get into some really cool feature announcements. We're not gonna some moss. I'll let spaniel.
Bradley Sutton: So one more thing Do you speak Spanish? We have our very first monthly networking call in the Spanish language starting next week. All right, this is going to be something that will be hosted by our Serious Sellers Podcast en Español host, Adriana Rangel, and this first one is going to be on December the 6th All right market calendars, December the 6th, at 4 pm Pacific time. And then, for those who speak Spanish, for everybody who speaks Spanish go to h10.me/llamadaconadriana. h10.me/llamadaconadriana. Go to that website and you'll be able to register for the zoom. So again, if you guys want a network with other Spanish speaking sellers, whether you're here in the States, in Latin America, in Europe, in Spain, wherever you are in the world, go ahead and sign up. This will be a monthly Networking call where you can, you know, talk about what's working, what's not working in your business, get some help and I might, you know, pop in there every now and then as well.
Bradley Sutton: All right, let's get into the helium 10 new feature alerts, and we've got some doozies today, guys. Whoo, the Helium 10 product team is been cooking with fire for sure. All right, the very first one is guess what, guys? Helium 10 kind of low-key now has an AI generating or an AI Powered image generator. All right, now, this is actually the Amazon Sponsored a brand ad image generator. But I'm gonna show you, guys, how you can use it for Amazon post. You can use it for you know, potentially lifestyle images or infographics, or getting you know other ideas for your, for your images. It's not perfect right now, but this is cool. The only place Outside of Amazon that you can get this tool is in helium 10. Why, cuz? Amazon chose helium 10 to be its exclusive partner, namely in atomic? Amazon chose helium 10 atomic to be the exclusive software for now. It'll open it up later to others, but we are the only ones that you can get this in. Let me show you how it works, all right.
Bradley Sutton: So basically, you go to your atomic and then you hit a new campaign. Once you get into your campaign builder, you're gonna want to hit single campaign. Once you get there, you're going to want to hit sponsored brand, the middle one. Once you hit sponsored brand, you're gonna hit next and then here you are going to go ahead and Put enter a couple of your products from the brand that you are trying to do. You know an image for, so I'm gonna go ahead and choose what up right here on my screen the helium 10, a coffin bookshelf and Coffin coffin egg tray here and then scroll down. Make sure under sponsor brand campaign, you select the actual brand that you're trying to do this actually kind of doesn't matter, because you're gonna be able to enter your own images yourself. But since I'm actually gonna do one for the coffin shelf, the coffin bookshelf, I'm gonna go ahead and choose Manny's mysterious oddities. Now, once you select that, you scroll down here to this new section called Creative.
Bradley Sutton: Now, the whole purpose of this is actually to create sponsored brand, so you can actually create the, the custom sponsored brand image right here. But I'm gonna show, I'm showing you guys, how to just create any image you want right now. The first thing I'm gonna do is I'm actually gonna first just do this coffin bookshelf and I'm gonna put a different background, all right. So right here, under custom image, you're going to hit AI generated image, all right. Now I'm gonna go ahead and since, like I said, I'm gonna use the coffin bookshelf, so I'm gonna go ahead and choose that again here.
Bradley Sutton: Now what I'm going to do is, in this prompt, I'm gonna say what I want I it to be like in the room. So I'm going to say put this coffin bookshelf hanging on a light colored wall and there are other bat themed decor items hanging on the wall, all right. So I mean that that's just a super, a super simple thing right here. I can actually choose theme here, so I'm not going to. I'm not going to choose a theme for this. Let's just see what happens. This usually takes about a minute to do, so I'll come back as soon as it generates and here we go.
Bradley Sutton: Now, you know, sometimes you're going to get some crazy stuff, like here it actually changed our coffin bookshelf a little bit, but take a look, you know, here it put. It did exactly what I said. I said, hey, put it on a light colored wall and you could see, here's the coffin bookshelf hanging on a wall and there's some like bat shape, like little decor items on the wall. Now I will. I did not give it a good prompt. You know, I only wrote about 121 characters. I can write up to 300. I didn't even include a theme, but you, you know you can get pretty specific.
Bradley Sutton: Now, is this AI going to be perfect? No, this is coming directly from Amazon, you know so. Helium 10 doesn't have control over this. So you know, like, if you're not getting good output, it's it's. You know that's because Amazon's AI is not great yet. But again, this is using connecting directly to the API, to the Amazon's AI generation, and what I can do here is I can actually, you know, choose some of these. I can zoom in and then I can actually save these. I can select them and save them right here, download it. I can save it to my creative assets. So it's kind of like a cool way to, you know, generate Amazon post images without ever even leaving helium 10. So that's the first thing that I wanted to talk about today. The second thing is also super, super cool, requested by a lot of our users, and this is wherever you see keywords in your insights dashboard and cerebro, in magnet.
Bradley Sutton: You know, sometimes you see a whole bunch of keywords and you know you can see the, the score there for how important the keyword is, you know, based on maybe it's search volume or or competitor performance score. But sometimes you're not quite sure how maybe what I call real world relevant the keyword is like, for example, you know, coffin shelf. I think you could understand that probably all the results are coffin shelf. That's the top 10 on page one. But what about other keywords like coffin decor? Maybe it's not coffin shelves, but just random coffin products, and so what, what have you always had to do before.
Bradley Sutton: If you just want to kind of take a quicker or a quick look at the results of, you know, keywords in cerebral magnet, well, you would click one by one on those keywords and take a look at them on Amazon. Well, now you know you're not going to have to do that anymore. Let me show you exactly what you can do. Anywhere where you have cerebral magnet, any keywords, you just have to put your mouse over it, like so, for example, if I want to say what is in coffin shelf, I just put my mouse over and I can see they're mostly coffin shelves here. But then maybe I'm like, all right, well, what about goth gifts? Are there any goth gifts that are showing up here in, you know, for coffin shelves? And I can just all I do, I'm not clicking on anything. I just put my mouse over here and I can see there's some Spooky looking slippers or some skulls, and I'm not actually seeing any coffin shelves in the top 10. So now I know you know what this, this keyword you know, probably might not be too too relevant here. I can look at a coffin box. I'm like, hey, what kind of things are coming up for coffin box? Okay, there is one coffin shelf, but the rest of these are just like maybe some jewelry boxes. So again, I am not clicking on anything, but now anywhere where there's a key where I can put my mouse over. So we're get an idea about the last time healing.
Bradley Sutton: Then 10 check the top 10 results Little thumbnails that show what products were ranking for these keywords. I could see their price, how many variations they have, how many reviews they have. You know, that can be cool, like instantly I might see a keyword was like wow, look at this. Out of the top 10, most everybody only had, like you know, 10 reviews or 20 reviews. So like it's a great way to do product research as well. So I hope you guys can enjoy these two new feature updates from helium 10. Make sure you use it and let me know what you think.
Bradley Sutton: All right, last up, today we have our training tip of the week, and this one is going to be courtesy of Carrie, and this is another keyword based strategy where, in seconds, if you want to find the Keywords that have the most search volume, that start with a word or two words or three words, within seconds. Again, this is one of those no click strategies like. This last one I gave you was a no click strategy. This strategy has zero clicks. How can you see what are the top searched keywords that start with any word or phrase? Carrie, take it away.
Carrie: I'm going to show you how to instantly find the most search terms that start with a specific Keyword. It's very easy and it's something that you can do for Low-key keyword research. If you're just kind of curious about something, maybe you found a product that you want to kind of look a little bit more into. You can see what the top phrases are that start with that particular keyword, and I'm going to show you how to do it. Right now. All you have to do is you just need to go to magnet and it's very, very simple. The next thing you're going to do is you're just going to start typing so we sell a coffin shell. So I'm just going to type in the word coffin and with this it's going to basically show me all the keywords that start with coffin. That in the order of the most searched to the least search. So we've got coffin nail tips. That is the most searched, and the next is coffin, and then the next coffin press on nails. So we can take it even further. We want to say I want to see all the keywords that start with coffin shelf from the most, you know, search to the least. So we've got coffin shelf, coffin shelf, large. So all these great keywords.
Carrie: Another thing you can maybe try like the most popular search term or search product is garlic press, so maybe we can look at garlic Okay, so we've got garlic, garlic press, garlic powder, so we can say garlic press here and see if there's any other keywords. It looks like garlic press stainless steel is the next most searched Garlic press. Oh, so, as you can see, this is a great way to find. You know, kind of do some low key keyword research and you can see all the keywords that start that exact keyword that you want to find, and In the order of the highest search volume to lowest. So I hope you check it out. It's very, very easy and really interesting to take a look at.
Bradley Sutton: All right, thank you very much, Carrie, and thank you guys all for tuning in this week. I will see you next week to see what's buzzing. | |||
| #513 - Walmart Beta Programs, Google Ads, & AMA | 28 Nov 2023 | 00:33:52 | |
Get ready to take your Walmart selling game to the next level! Our brilliant guest, Michal Chapnick, a Walmart expert, talks about Walmart's ad certification, the unveiling of innovative beta programs, and the integration of Google ads into promoting your Walmart products. She'll also shed light on Walmart’s commitment to third-party sellers through initiatives like fee discounts and personalized product suggestions. This is the inside scoop you need to unlock the potential of Walmart's marketplace and see your sales soar. Discover the power of Google ads in driving traffic to Walmart and how it can work wonders for your brand exposure. Dive into the advantages of Walmart's SEM program and learn why it may be more beneficial than directly sending Google ads to Walmart. Michal reveals the abundant opportunities awaiting sellers at Walmart Canada and uncovers the potential impact of beta programs, such as brand stores, on your sales figures. This Walmart Wednesday episode is packed with insights and advice for those seeking to extend their business reach on Walmart. As we approach Q4, the busiest time for e-commerce, Michal shares her expertise on maximizing your sales during this hectic period. From planning and implementing promotions to optimizing your listings and enhancing customer service, we’ve got you covered. Uncover the impact of the beta version of coupon codes and the power of video ads in holding customer attention. We wrap up our episode by acknowledging all the diligent sellers out there and remind you to make the most of the opportunities available on Walmart's platform, particularly during the holiday season. Buckle up for a wealth of knowledge, and best wishes for a profitable Q4!
In episode 513 of the Serious Sellers Podcast, Carrie and Michal discuss:
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Carrie Miller: On today's episode we have Walmart expert Michal Chapnick. She's going to be talking about Walmart ad certification, new beta programs for Walmart, as well as Google ads for Walmart. So this and so much more on today's episode of the Serious Sellers Podcast.
Bradley Sutton: How cool is that? Pretty cool, I think.
Carrie Miller: Hello everyone and welcome to another episode of the Serious Sellers Podcast by Helium 10. My name is Carrie and I'm your host today, and this is our winning with Walmart Wednesday, where we talk about all things Walmart. We answer all of your questions and I'm very, very excited today because I have an amazing guest. We have Michal Chapnick, who is going to be joining me. I'm going to be asking her lots of questions because she's a Walmart expert. She has a Walmart agency and she's had a lot of success on Walmart. I know a lot of you are familiar with her. Hey, Michal, how's it going?
Michal: Hello, I'm good and good. How are you doing?
Carrie Miller: Very good. Thank you, nice to see you, and thanks so much for coming on. I'm really excited to have you because you're one of the you know Walmart gurus one of the few Walmart gurus. I would say, probably one of the top in the industry here for Walmart. So thank you. Yeah, so I'm really excited because I know that you have a lot of kind of cool updates to share with us. Okay, so I'm going to get into it. I'm going to get into some of the first things. I'm going to ask you just what kind of updates are there that you would like to share with us about Walmart? Do you want to share any updates of anything new for Walmart or what's new?
Michal: basically, I think there are so many Recently. You know, every week we do Walmart updates and we have, like you know, 10, 15 slides every week because they're really on top of it, they're working really hard and a lot of them are really exciting because and I'm telling that all the time Walmart really wants you. They want you on Walmart, they want the brand, they want you to sell and a lot of people you know sometimes having a hard time to enter Walmart or when they're on Walmart they're having a hard time to sell. But Walmart really wants you there and they're doing everything they can from their side to help you and, you know, give you help to set up, give you help with fees. There's always some kind of promotion there is doing for sellers that are already on Walmart or new sellers. So right now they're doing a lot of like. They're cutting off fees in different ways.
Michal: So either if you have the Pro Seller badge and you can get deep discounts on fees and you can get credit that you can use it for run ads or to use it for the review accelerator program, so you get this credit back. The only thing you need to do is go to your BIS mentor. It's in every account. It's on the, I think, top left and Walmart is giving you customized suggestions so it just specifically for you.
Michal: So from things like items that they think you have an opportunity to get more sales if you lower your price and they're willing to cut your sell off fees, so they will cut your sell off fees so you'll be able to take your price lower to sell more. So this is just one example of the second thing they will give you like a customized list of products that they think you should add to your account. So they're basing that, based on the category you're selling or the brand you're selling. So if you're a resale, of wholesale, you will see a lot of opportunities and I know that some of my sellers that I'm working with they're taking really good advantage of those and they're they managed to get a lot of sales because usually Walmart will tell you something that is out of stock or something that the other sellers are not using WFS.
Carrie Miller: So once you got this inventory and it's already selling very well and you're the only one selling it or the only one WFS, imagine that is like so much self I actually talked to them about this and they said that they anything in the assortment growth tab, that those are really the best opportunities because they kind of compliment what they already have on Walmart. So they're looking for complimentary products. So I think that's why is they're really going to. If you take those suggestions, they're going to boost you and then you're going to get a lot of exposure and sales. Like I know, I was talking to an account manager and she said that somebody in the toys category had a bunch of assortment growth suggestions for toys and they started manufacturing them and basically have been killing it on Walmart, just making tons and tons of sales. So that's a that's something that is really interesting right now for opportunity for selling products.
Michal: It is working. I know that one of our clients that he have an account manager. You know in the past you know they were doing it personally, they know exactly the opportunity so they can do it all and you know he's selling in the category of backpacks. They told him you know what styles right now there is like a lot of demand, for example, clear backpacks and things like that, and the same thing is killing they're. They're making six figures a month.
Michal: They're just amazing. So Walmart is there to help you. I think, if you, I don't know I was selling on Amazon for 12 years, but I remember the 10 years ago. I used to get emails from Amazon every day with items to sell. They were like telling me hey, you know these these, you know those items right, and I don't know if they still do that. I have no idea, but I haven't gotten any recently. And but with Walmart is the same thing. They want to know.
Michal: For them to get to the same or as close as Amazon sells, their catalog have to grow and that's their focus. They're focused in growing their catalog and they're using the sellers, the third-party sellers, to leverage the catalog. There's still far away in a couple of hundreds of millions of products from Amazon. There is so much place for new sellers and even people that come into Walmart and they're new and they don't know what to sell. I can show them so quickly. So much opportunities. There's endless opportunities. One of the coolest things with the mentor base even if you're a private label, walmart know you're selling, for example, in the toy category or kitchen, and they know exactly what product, have a lot of demand and they will tell you. And then you need to go and manufacture that or source that or there's so many ways you can get your hands on these items. This is one of the things that I really like, that they're really encouraging you and we just talked about it.
Michal: Right now they have an update for the category of automotive. They will tell you all the products they're looking for in automotive and they tell you please bring those products, list them. We want you to create the listing. They do not want you to sell something. Yeah, of course you can sell. Something is already on Walmart but what they're trying to do is to get you to create new listings. They want you to not just to create new listing. They also expect to need to create good listings, because when they're good listing, they can be in front of customers. Customer can find them. When customer find it, the content is good, so he will buy it.
Michal: Right now they give you the option to upload videos to your listing. Everybody can do that right now. It doesn't cost you anything. You can just go ahead and there's a when you go and open the case. There is one of the section it says upload rich media, upload video, and they will give you an instructions and a file to upload your video. So they're really doing a lot for the sellers and going a little bit back. The most important things that you need to remember is that you have to follow the guidelines, because you're going to have so much benefits coming after that, Getting the processor batch, for example. Now they're offering the SEM, that's the searching agent marketing, and what is that? So let's talk about that for a second, because that's I think this is one of the most exciting updates the last couple of months.
Carrie Miller: Yeah, I saw it pop in my account and I took a look at it. I think my biggest question is because this is basically advertising through Google Shopping, through the portal, and they basically do it for you. As long as you're really well optimized, you'll show for the best keywords. But is this now the paid version of what was free? Because I remember my product used to show up a ton on Google Shopping just for free and I hadn't been advertising on Google for Walmart but it would say available on Walmart.com. Is it now kind of paid and not free, or do you see both?
Michal: No, it's definitely both. So here's the secret. Walmart is spending millions Even I wish I could see their budget for Google Ads. It's insane, it's really crazy. They know the power of Google Ads. We saw in many, many clients a lot of time when we went deep into the sales and trying to understand where those sales are coming from. Between 30% to 40% of a lot of item sales coming from Google Ads. So Walmart is pushing all the listing to Google Ads.
Michal: But there's a couple of criterias, like your listing have to be following the guidelines, you have to have good images, so you have to have not too long title and all the things that are very important, and you can see it in your listing score. There is a tool that show you exactly the score for every little part of your listing and if your score is high, there is no reason why you shouldn't be eligible to show up on Google Ads. So Walmart is not going to put you on Google Ads if you don't have enough images, because then the pain for your item to show up on Google a customer is going to click on that is going to come to Walmart and he's not going to end up buying because there's no information or there's no images. So again, they have to make sure your listing is going to have the chance to convert before they will do that. So the only thing you need to do is make sure your listing is following the guidelines. And so now Walmart is telling you we're giving you the option. We know how powerful is Google, we know how powerful the ads are coming. We are spending a lot of money, but if you want to do some extra, you want to spend more money, you want to put more product. We're giving you the option to start doing campaigns on Google, and I think that's huge and I think whoever is going to take advantage of that is going to see amazing results in their conversion rates.
Michal: Because Still, 40 percent of people will start their search on Google. I think 35 percent going to go directly to Amazon, 40 percent on Search and Agent, and then the rest is spread on different things. Some people will go through Pinterest or even social media. They're going to look and stuff in there. Another thing that why you want to be optimized is the same thing as more you optimize and you listen to high quality. Walmart is not just advertising on Google or Bing or Ad. They're advertising with a lot of social media advertising, with a lot of bills website. They're advertising with a lot of really big influencers that they're paying them a lot of money. As more as you're listening is good. They will expose your items to all those channels they're advertising at.
Carrie Miller: That's possible. Yeah, I know that.
Michal: Yeah, I was talking with one of the account manager and they have the option to pick items and put them on this bucket, this list, and then website deals website like a silk deals, and there's all websites like that or influencers have the option to look at that list and pick the items they want to promote this week because they're getting paid and they get also getting paid affiliates. Yeah, there's things like that. Sometimes, if you follow influencers on Walmart on Instagram, they're doing a lot of Walmart. You can see they're pushing a lot of passion. Yeah, kitchen items. And right now it's crazy because people are waiting for influencers to show them what's the deals on Walmart, because everybody know that Walmart have the best Black Friday deals.
Michal: Yeah, we always have the biggest selection, the biggest selection of deals in each category. Because other stores can be just electronics, best buy with Walmart. The Black Friday deals are on home, on outdoor, on Christmas decoration, toys, clothing, jewelry, everything. Walmart is very known in Black Friday.
Carrie Miller: We did have a question about SEM. It says do you do Walmart SEM and your own Google ads at the same time? That's a really good question Because if you don't want to cannibalize your own Google ads while doing the SEM Google ads, that is a really good question.
Michal: Usually, when you do your own Google ads, you choose where the traffic is going to go. You can run Google ads for your website. It's good because many times I remember I had items that I used to sell in the past. There were not all of people were selling them In the category. I would say it was a kind of a shoes, a specific shoes for kids. When I used to go to Google and I used to write that specific keyword. I get Google ads and I sell my shoes on Walmart. Next to it I saw my shoes on my website and next to it on Amazon. I used to get all the Google ads I could. Now, most likely, the customer will buy my shoes. It doesn't matter where, but he will buy them. Again, you're creating brand awareness. It's more ads you can create. It's more exposure. You can put your brand in a product. It's better for you because the customer remembered that.
Carrie Miller: I think that they clarified it. I mean sending Google traffic to Walmart. Maybe not do your own Google ads to Walmart if you're doing SEM, potentially.
Michal: Yeah, that's what it's going to do. That's exactly what it's going to drive traffic from Google to your Walmart. So I say you know, try, try, you can put a budget. It's not too complicated to run those campaigns. So I would say, give it a try. And before you do that, also go and search for your item on Google and see if it's really coming up, if Walmart is already promoting your items. And again, the most important thing, make sure your listing is following the guideline.
Carrie Miller: Yeah, for my own Google ads. I did do an experiment where I was trying to see if it would help with ranking if I sent outside ads, like from Google, like at U-Kan on Amazon, and I noticed that it did not make a difference when I sent my own Google ads to Walmart. And so I think that probably, if there is going to be a benefit, it's probably going to be through the SEM program doing ads to Walmart. So if if I were to choose between the two, I would probably do the Walmart SEM over Google to my own Google ads to Walmart, whereas I would still obviously do Google ads because I have Google ads to my own sites as well. But that's what I would think because I know that they are kind of looking at their own metrics and the more you convert on their side, I think that the better it is. But that could be just a guess, but I do know for a test that it did not help my rank. So there is that, because I know a lot of us do that for Amazon. We send Google traffic and it does help with rank, but it didn't on Walmart.
Michal: Yeah, one more thing I'm thinking of is that it's probably going to be much better because they have better pricing, so it might be going to end up being much cheaper than you spend it yourself.
Carrie Miller: Yes, it's Walmart.
Michal: It's going for Walmart account. It's not your Google account, it's Walmart account having their own pricing. So you will get that. And the second thing it's known because I can see it. Every time I go to Google I can see Google love Walmart. Google will always place Walmart ads in first five. So this is another thing you will get better exposure and you have better chance to shop in a better ad in a better location Because, again, it's through Walmart. So just that it's worth it.
Carrie Miller: We have another question. Actually Bradley asked this one and it says is Walmart Canada worth it yet?
Michal: I absolutely think so, absolutely. It is very like with Walmart.com, the same thing with Walmart Canada. Not every product will be a huge success because those marketplaces are still building their customer base, but I think Walmart.com is doing very good. Now for Canada, from a lot of people that I have a lot of friends that live in Canada people online. When they go online they usually will go either to Amazon Canada or Walmart Canada. There is not too many options. Some items people can go to the store and have some problems to find Like there is not always big selection of things. So if you know to find those items that people having a hard time to find in the store or next to their house, you will know that Canada will be very, very good.
Michal: So actually, going back to the time when I used to sell kitchens, we had exact same styles on that farm in Canada and actually it was a period of time that we met sales on Canada. Because I guess you know people need, you know everybody needs shoes for their. Yeah, you don't need to do much, it's going to sell. If you have nice shoes with quality, it will sell. And I think the thing is that, again, people when they go online, they don't. There's not too many brands that are selling on Walmart.com or Canada. So again, if you find those opportunities and there is tons of opportunities on Walmart Canada and also in Canada people, the Canadian, are paying high prices on stuff, so you don't have to sell nothing to cheap, you can sell it in your price or even higher and customers are paying and they're also paying shipping as well, so I think the profit is also very nice on Canada.
Carrie Miller: All right, let's go into some other things I know. Can you give us some insights to you know, like I think, some beta programs I think coupons, brand stores, any other kind of beta programs that you've seen, and have you been able to use them and what's your experience been with those?
Michal: Yeah, so brand stores are available for very selected amount of sellers. Right now it's mostly they started with a lot of sellers that do it fashion, so we do have a couple of our clients that they have the option to do brand stores and right now it looks great. I cannot wait for it to be available to everyone because we need that. You know you want to click on the brand and go to a nice storefront that you can display your. You know what are you selling. I think it's going to help a brand grow really nicely on Walmart and I think the best part is, again we see the people that selling on Walmart. There's not a lot of brands that take Walmart really seriously and doing those extra steps, but the one they do, those that want to see really success on Walmart. So I'm excited to you know, to see some of the brands we're working with, you know, using that feature and growing. The second thing is coupon codes. So coupon codes again are in beta right now. Yes, and it's available from whatever.
Michal: Only like 50 sellers got that, yeah, maybe now a little bit more, but I cannot wait for that because, again, this is huge for doing social media marketing, because people love those videos and those ads and everything that you give them. Coupon code is, like, so popular right now with Amazon, and I think it's going to help get so much more traffic and sales to Walmart when you can, you know, and display your items with the coupon code. I think so.
Carrie Miller: I think that it's a bummer we don't have it right now because my sales when we started doing a coupon on Amazon have done really, really well, because I just think people are always looking for a deal. So, seeing that coupon, they're like, oh, I might as well just get this item too in here because it's on sale or there's a coupon, whereas you know we don't have it on Walmart yet. I'm kind of antsy to get coupons on Walmart. It would be really cool if they just decided next week to release those, because I'm desperately waiting for those because they work really well on Amazon. We see that they work because people are already shopping on there and they're like, oh, I'm looking, they're looking for deals, right? So the more access we have to give deals, I think, the more sales we're going to make on Walmart.
Michal: So, yeah, in beta anymore. It's available to everyone. If you're a brand, you have to be brand and register, but is the video ads. Yes is the most exciting thing I think happened recently for brands is that you can create a video ad and you get your customer attention so fast because you know the minute they search for something, your video is and it's big, it's really big. You saw on Walmart, it's not like tiny. It's like yes, really like the page. It's really nice big deal, and I'm still amazed that so many brands are not using that. There are so many people and sellers that are not using the video ads or even just to upload the video to the listing. So many people are not doing that. So and so, yeah, this is I think the key to this with Walmart is paying attention and doing all this stuff. I agree.
Carrie Miller: I think I've talked to some people and because the minimum is a dollar for the video ads, they haven't been utilizing them. Have you started doing video ads and have you seen some good conversion on those, like just better conversion overall? Or what do you see with the video ads Currently?
Michal: yeah, we do have one of our clients that is running video ads and their sales are are really going high, Like we're talking about 30% more than before, so that's really nice. They're very happy with that, and so this is one of the things that you know with advertisement usually you should see growth and you know with sales.
Carrie Miller: Mm, hmm, that would be. Yeah, that's amazing. Okay, so let's see, there was something else that you mentioned, and it was ad certification. Do you want to talk a little bit about Walmart ad certification? I think this is a completely new program, so yeah, that's a new program that Walmart is.
Michal: see that people struggling with ads Like they're trying to run ads and they don't know, they have no clue what they're doing. So they're saying, hey, let's give you a certificate. So I think it's just to make people feel like, oh, if they're going to go through a course, they're going to be certified and they know what they're doing. So this is what they're trying to do. Or they're even offering that to your team. It doesn't have to be you, it's going to be somebody from your team. So if you have a VA, or because Walmart advertisement is not difficult, but you have to take the time and and learn how to create your campaigns correctly, how to optimize them, how to find the right keywords, a check your competition.
Michal: If you're running ads and you don't spy on your only competitors to see what they're doing, you're missing out. Because this can be. I always find. When I do, you know, when I look at competitors, when we run ads for customers, we can always see that there is, we have a list of all the relevant keywords and then we look at the competitors and sometimes they're missing one or two, or sometimes even more. And that's your opportunity. So I think it's just to make sure that you're not missing out, and so we can always see that there is.
Michal: We have a list of all the relevant keywords and then we look at the competitors and sometimes they're missing one or two or sometimes even more. And that's your opportunity, because nobody's paying for that keywords and you can pay for it and get all the traffic. Or Another thing that I see all the time with the competitors is that they're paying for a lot of phrases but they're not coming out as relevant because they don't have that phrase in the listing. So the ad algorithm is very smart, so he will sometimes place them for these keywords, but only because they don't have somebody that looks more relevant. Once you come and you're more relevant, you're not really competing with him because you will always get the first spot in the first page because the algorithm know you're relevant. So it's easy. Even if somebody in your confederate is advertising sometimes they're not doing such a good job you can always come and find those little holes where you can take advantage of something that your competitor is not doing.
Carrie Miller: Very good, very interesting. Well, I think we're pretty much at our time limit, but I was wondering if there's anything else that we didn't talk about that you might want to give advice on or share with the audience. Any final thoughts?
Michal: Yes, I think through the end of the year. Right now it's a really good timing for a lot, especially of the new seller, to see the potential of Walmart because a lot of them will be surprised right now with the sales. So I really want a lot of you to catch the momentum of the end of the year. Right now it's the best timing to add new product because there's a lot of traffic. So take the time and add new product. If you have a product they're doing very well, sometimes you can even just create another offer. It can be two-pack, three-pack, it can be a bundle. Again, it's more items you add, more customer can find you, you create more brand awareness. So add as many skills, as I always think is a good strategy to build your brand and stay in stock, even though pay attention, because a lot of people what happened right now? They're getting out of stock because they didn't thought they're going to sell so many, so much on Walmart and they're getting out of stock quickly. So try to stay in stock so you keep your momentum and your ranking. So add, advertise. Now is the best time.
Michal: Advertise, pay attention to your budget. Make sure you're running ads during those peak days and peak hours. You don't run out of your budget too early of the day, so take advantage of the Google advertisement promo code. One thing that I wanted to say it's going to be super cool when you run ads. So your item is showing up like write the first thing the customer seat and then you use a promo. Like promo it's mean you're doing something like reduce price. So your item right now instead of $29.99 is $24.99. So you already catching the customer eye because you can see this item is on sale and then they click on your product and then they see there is coupon code. Right, it's going to be like. I think it's going to create a lot of conversion.
Carrie Miller: I think so too.
Michal: Together, and so I cannot wait for the coupon code to come. But right now you can run ads, you can do promo and that's going to catch some eyes. You will get a lot of sales just by doing that, as well as running ads going to help you get ranked. So this is a really good timing to not just sit back and say, oh, it's too late. No, it's not too late, you have enough time. Continue optimizing. Even right now. I'm telling all our customers please run a new keyword report.
Michal: One of the things that people don't do is everybody that listen right now. When the last time you optimize your listening maybe you upload a year ago did you optimize it since then? Keywords is something that change all the time, especially in Q4. Because in Q4 there's a lot of new phrases. So if you sell toy for girls and right now you can add something to one of your key features, it says that toy make a great Christmas gift for girls. Christmas gift for girls is a very high search term at this time of the year and if you don't use it, you're missing out thousands of thousands of customers that potentially can come to your listening because that phrase is in your listening. So it's the perfect time right now, today, or even if you're on vacation or something next week, whenever you listen to that at any time.
Michal: Go to Helium 10, run keyword refresh, keyword report to your product and do a couple of adjustments. Go and add those keywords to your description, to your title, even to your key features. Even your attributes can use some refreshment. Go to your listing tool score and see your score and see what you can improve in there. So just by doing that and you know what I love about it, that if you do that, you will see that in the next week or two you will get more traffic. It's working, guys. I think this tip is always working.
Carrie Miller: One more question on that Do you use Helium 10, Cerebro and Magnet to find those keywords, or where are you finding those keywords? Is that kind of the best option?
Michal: I'm using both. So Magnet, we're always doing searches just to see what's coming up, and I always like to use Cerebro because I will go to my competing items. At least two or three of them will take their item number, go to Cerebro to see what they're ranking for, which keywords, and almost always I will find the phrase that I never got in the other search. So always do both.
Carrie Miller: Yeah, we're updating those keywords every week, so you should be able to find new keywords on Helium 10, Cerebro and Magnet. So thank you everyone for listening. Thank you so much, Michal, for coming on. I always love having you on because you are definitely one of the top in the industry, so I appreciate you taking the time and answering questions and giving advice. So good luck to everyone who's selling this Q4. I think we've gotten a lot of really great tactics here from Michal on what to do, from you know, for Q4. So we will see you all next time on Walmart Wednesday. So thank you.
Michal: Bye Carrie. Thank you so much.
Carrie Miller: Bye.
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| #512 - Amazon KDP & Product Differentiation Guide | 25 Nov 2023 | 00:35:40 | |
Imagine navigating the exciting landscape of launching an Amazon KDP business and entering the glitzy Miss Universe spectacle at the same time. That's precisely what our incredible guest, Shivali, has managed to do. In this episode of SSP, Shivali takes us on a fascinating journey that begins with the debut of her original beauty and personal care product in the electronics section of Amazon and ends with her unforgettable time competing in beauty pageants. Gain insights into the tactical maneuvers she employed to overcome the hurdles in the fiercely competitive Amazon landscape and enjoy the open discussion of her unique approach to launching an Amazon product. In the second half of our talk, we change topics and focus on the colorful realm of cosmetics and beauty, emphasizing the need to create styles that accentuate unique qualities. With her unique take on the process of creating digital products, Shivali shares the details of her next cosmetics training initiative. She also discusses her amazing book writing and publishing endeavors, as well as her first experience publishing KDP books on Amazon. In order to bring your private label endeavors to new heights, we conclude the episode by getting into the specifics of Amazon's KDP platform and providing insightful advice about quality control, marketing techniques, and pricing strategies. So, listen to this episode and take away some wisdom from Shivali’s inspiring story. In episode 512 of the Serious Sellers Podcast, Bradley and Shivali discuss:
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Bradley Sutton:
Today we're sending Shivali to the other side of the microphone and she's going to talk about her advice for those wanting to start a KDP business, her super unique Amazon product launch that she's doing that would be impossible to copy, and much more. How cool is that? Pretty cool, I think. Want to check estimated sales for products you see on Amazon? Or maybe you want to instantly see how many listings on page one of a search term result have the actual search keyword in the title? You can find all of these things out and more with the Helium 10 Chrome Extension tool, X-Ray. More than 1 million people have used this tool. Find out what it can do for you by downloading it for free at h10.me/xray. Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. I'm not going too far away in the world. We're going to North Carolina right now. Shivali in the house. Welcome back to the show. How's it going?
Shivali Patel:
It's going good. How are you?
Bradley Sutton:
I'm doing all right. We're going to talk about KDP how Amazon sellers can do it. I'm going to talk about I know you're just going to be launching another Amazon product soon. We've got a lot of a business thing to talk about Before there. We were talking earlier that there was just recently Miss Universe. You said a couple of people that were in this Miss Universe pageant you were actually in the same pageant with them last year, the year before, right.
Shivali Patel:
Yes, correct. Miss Universe Thailand this year was actually our reigning international girl when I competed at Miss Super National in 2021. Then Miss Universe, Puerto Rico Carla, who also made top five at Miss Universe Miss Thailand, actually took first runner up. Carla was also, I believe she made top five. Yeah, really really strong group of girls. They're both wonderful. It definitely gives me the pageant itch as well.
Bradley Sutton:
Yes, I've joked with you before that, hey, I'll approve time off, but there's got to be like some. I put a Helium 10 logo on my basketball court. I think that on your gowns or your evening wear or talent competition, there's got to be like Helium 10 logos displayed somewhere. Then I'll go ahead and approve that time off if you go back to pageant life.
Shivali Patel:
Yeah, that would be a wild gown.
Bradley Sutton:
Yes, but hey, it will bring us lots of impressions to Helium 10 and then all of a sudden our site traffic will spike and then we can attribute it. We've got this metric that we go evangelism reach and that'll definitely help the evangelism reach. Anyways, here let's go to business. First of all, the last time we talked was a while back. I mean, you're definitely no stranger to show, you even host a few podcasts yourself or a few episodes yourself with the weekly buzz and tacos Tuesday and things like that. But as a guest you haven't been on here in about a year and I remember at the time you were looking for a new product to sell on Amazon, and now, as of today, you've got it all in Amazon. But you were having like, didn't they like? Put them all on reserve status or suspended or suppressed, or what was going on there?
Shivali Patel:
Yeah, so my product is actually. It's in the beauty and personal care category, but it was also an electronics item, which is very interesting because when I was getting started a few years ago, I remember telling myself you know what? I'm not going to touch electronic items with a stick. It's not for me. I don't know all the regulations.
Bradley Sutton:
And then I think you have a death with electronics.
Shivali Patel:
Yeah, that too. Let's forgot about that part too. But yeah, that was one additional reason that I didn't want to touch the electronics category. But I think the more time that I've spent in this space, it changes your mindset a lot, because then it becomes about well, which barriers are you willing to cross? Because problems are such an integral part to running any business system and it just comes down to what or how you're willing to overcome it. And so when I found this product, I was really, really interested in launching into it because I felt like I could deliver value into it. You're always thinking creatively well, what can I add to this product so that way it will sustain competitors regardless of when they're coming in? And with my first product, I had about nine months before I actually got that product to market because of some backend issues, and this for this particular product. You carry all those lessons that you learned through time with you, and so I really wanted to ensure that, regardless of when the product goes out, it actually sells. And it really came down to okay, yes, it's an electronics item, but I can learn it's a higher barrier to entry for my competitors. And then I did feel like I could add value to the space. So, yeah, that's really my mindset of going in.
Bradley Sutton:
But along those lines it ties in with what we were talking about with pageant, life and stuff. But people, I've always suggested to people, hey, you can't always go with what your passion is, because if there's no opportunity there you're not going to have success. But in a perfect world, if you can do a product that you're passionate about or leverage some kind of like off Amazon, you know, following, then I think you know people absolutely have to do that. Like you know, I always thought before like if I was still like really big in the Zumba world, like I was in the old days, that you know, like I could have had a lot easier way to launch some kind of Zumba fitness related product or something. So then you kind of, you know you said it's kind of like a beauty product, but then you're kind of taking your quote unquote celebrity status a little bit and offering like coaching or some kind of like digital service along with your product.
Shivali Patel:
Right, that is correct. So I wasn't entirely sure if I wanted to do this, but pretty much anybody I talked to, yourself included, said it was a good idea, and so, yes, I have chosen to represent myself as Miss Supernational USA 2021. And I, whenever somebody buys the product which it's actually I'm fine with sharing it. It's a makeup bag with LED mirror and three settings, but it comes with makeup lessons as well, and it's not just live group coaching calls, it's like a full blown course, because I wanted people to not just walk away with a product, but walk away with an experience where they can buy this one bag and learn how to use all of the tools that they'll be putting inside of that bag, where they can now go into their everyday life and actually carry themselves with confidence because they now know or have a skill, sets and techniques on how to use those products. So it really was a long game for me and that's how I approached it.
Bradley Sutton:
Yeah, but yeah, the reason why this is, I mean, nothing is guaranteed success. Guys in Amazon. You know like maybe something weird might happen and she has to like lower her price or something. But I know you're starting at a very high price and you actually have a chance of success. Like if I were to come in with an LED makeup bag and like, let's say, all of them were like 60 bucks and I'm trying to sell it for 120, I mean it's not. Not only is there not a guarantee of success, it's almost a guaranteed failure. Because why, you know, why would anybody pay 120 dollars? But with the fact that you're bundling this, this is now all of a sudden you actually have this ceiling, like it actually is possible for you to have success at that price, price point. Also, this is something that nobody can duplicate. Nobody can copy like any. You have some like super fancy water bottle, you know, that has like this really crazy design spout or whatever. So somebody can copy that. Eventually, can a can a you know Chinese factory or a factory from India just go and say, hey, let me get another country's miss super national or miss universe or whatever and offer coaching classes. You know that's like not going to happen.
Bradley Sutton:
So, again, this is not a guarantee for success, but this is the kind of thing guys those of you are selling on Amazon look for these kind of things that are hard to duplicate, whether it's on the product side, like something you have a patent for, or or it's on the you know the personal side, you know where you're offering digital courses or something like that with it, and then that just sets you apart. So that that was why I really liked that, that idea, and I think that other other people should think about. Not, not everybody has something you know, but, but sometimes we sell ourselves short A lot of people. We might have something that we don't even know. Maybe it's one of our relatives or something that we can offer as as part of a bundle. So how are you delivering? Like, is this course live? Is it like something you recorded and they get access to it once they opt in? Like, how does that work?
Shivali Patel:
I was actually listening to Alex Hermosi I'm not sure if I pronounced this last name correctly, but he talks a lot about the $100 million offer right, and something that is very principal to that is providing an offer. That is a no brainer, and when I was thinking about what I wanted to offer in terms of an experience and what would be most impactful, you want leveraged impact right. You want somebody to purchase this bag, transform their lives, and then they go and tell their friends and say, hey, oh my gosh, like I learned this incredible thing. I feel so much more confident, and I think that's a mixture of prerecorded lessons, but it's also live coaching, where people do have access to you. They do have the ability to ask you questions.
Shivali Patel:
Now, I would not consider myself a makeup guru by any, by any milestone, but I think you really only need to be a few steps ahead of somebody to be able to offer help, and with makeup, I have spent a considerable amount of years in the fashion and the beauty industry. I started very young and I grew up in that field, and so I do feel like I can say something to someone and help them with their confidence in applying makeup or even just in presentation, right. I think it takes a certain level of courage, or even foregoing some of the expectations other people might hold of you, to compete in something like a beauty pageant. And so I can take those and transfer them over to somebody else and hopefully that will allow them to be equipped with skills they can put into their day to day life, and so it's actually a mixture I'm sending them over into a funnel, right, and that funnel will set up the drip email campaign, which then leads them into this whole course. So it's a four module course as of right now. I plan to add to it. I want to update it consistently as new trends come out.
Shivali Patel:
As you know, there's so many versatile looks you could do. You could do a day look a glam look. Maybe you are somebody who's going day into glam, that sort of thing as well as just expression. So it talks a little bit about color psychology. We have what else? We have undertones, we have foundation matching just a lot of different broad ideas that are important when you are trying to figure out what's going to work on your face, because everybody's face is different. I can't actually go and give you the exact same things that I do, and it's not necessarily going to work for you, because you know you might have almond shaped eyes.
Bradley Sutton:
I think my beauty is a little bit different than yours, yeah.
Shivali Patel:
Exactly, Exactly. But for those of you that are listening, you know you might end up if you're a woman and your are planning to use the same exact makeup techniques that I am, well, it might not work, because you might have hooded eyes and I have almond eyes, that sort of thing. So we do have the four modules plus bonus lessons, where I'll have some of my pageant friends come on, some of the you know influencers that I can get on and they'll do lessons as well, and then I also have a group and they'll be promoting this product, like once you know, now that you see there goes again, guys, there's, it's not.
Bradley Sutton:
She's not just going off of what you know she has, but what you have is your network too, and so if you have people who are influential, you know, and who are down to down to promote, that's another great advantage. Like, like, I'm doing something different on the coffin shelf, you know, like I'm not making a community or anything but the coffin shelf market is very saturated. All of a sudden, you know, people come in low balling and I'm going to go a little bit more in depth in a future episode, but what I'm doing is I'm just experiencing again, again. I might fail at this, but I'll never know if I don't try. I'm actually raising my price and not going lower, like everybody's 20% lower than me. I'm going to go not only not lower, but I'm going to go 20% higher and I'm adding Products that almost double my cost of manufacturing. I'm giving, like, a coffin shaped box, like the box that it's gonna come in is literally coffin shaped and it can be reused as something else, like you know, a sock box or something like that, and I'm offering some other stuff.
Bradley Sutton:
So for me, that's what I think is gonna differentiate, because there's no way that any of these other cheap Coffin shelf makers are gonna go and spend two dollars and fifty cents like is what it's costing me to make this custom box for Shivali. There is no way any of her competitors are gonna go and have multiple pageant beauty queens From countries like you know offering courses. So, guys, again, the moral this part of the story is is do what you know, use your advantages, that you have to be unique and offer something that is that is not duplicatable and and that's kind of like along the lines of it doesn't always have to be a physical product. Mine, mine, is a physical product. I'm doing a box right and along those lines is a perfect segue. Your first entry into Amazon wasn't even in the physical product, wasn't didn't. Before you make physical products, you were doing digital products, namely KDP books correct.
Shivali Patel:
I got started by selling on KDP and I wrote books fairly fast. I had some ghosts written, but I also wrote some of my own and I knew that if I spent too much time on Writing them that I most likely would be disappointed in the results. Not trying to be a pessimist, just a realist, where if I spent, let's say, months preparing a book and I put it out into the world and people don't receive it well, or maybe it the field is changed by then, right, I would be so disappointed and so I worked on. I Just focused on putting it out there as opposed to perfection, just progress, not perfection sort of ideal.
Shivali Patel:
And yeah, it went okay. I wouldn't say it was. I became like a best-selling author or anything, but I sold copies and I continue to sell those copies actually from the books I wrote when I was I think I was 23 at the time- so those books you made years ago You're saying you're still getting, like you know, per like it's not, it's not free, you have to pay for it or you're free, so people are literally are still paying you for this book you wrote years ago.
Shivali Patel:
Yes, yeah, I mean, granted, my books are very, very cheap, because again I was like, okay, I wrote this in 24 hours. I think it was like 24 to 36 hours max, but I went through, wrote it pretty fast. One was on positive self-talk, the other one was on engineering powerful habits successfully. I've actually published way more than that. I just only tied those first two to my name and so those actually that are under my name, they're tagged to my socials and so I actually do end up going in and still seeing sales from those even today, and that's cool, because I don't actually actively promote them or anything.
Shivali Patel:
They just end up selling, and so I really, really love digital products because digital products cost you little to no money To actually set up right. You can go into Canva today and create something. In fact, last month I wrote four books and I need to actually get them published this month, hopefully this month. Hardcover paperback would be great. I wrote one on AI. I wrote one on what was my other one, even on, can you believe I like I struggle sometimes even in float Instagram, because I had done a case study with Instagram at some point where I quickly grew it from Zero to 10k followers in the span of like three to four weeks.
Shivali Patel:
Now, of course, that case study is a little bit old, but I learned a lot through it and I can still sell that information, and so it's really easy to go into Canva, build out a full fledged book and then it takes you maybe five minutes to upload into KDP. And KDP isn't even the only avenue you can use. There's many other platforms that allow you to do that. Now I specifically focus on KDP and I Was talking to Bradley not too long ago about potentially doing a case study about that for helium 10 content, which hopefully, if you guys stay tuned, you'll be able to see that. And that is just experimenting with tick tock, because tick tock is also growing. Tick tock shop just became a thing and.
Shivali Patel:
I'm really interested in seeing how you can kind of combine both of those landscapes into one Right now you can't actually add links, I believe, into the captions to promote your Amazon KDP books, but you can Send traffic using a link in bio to a funnel page or a landing page or even into those books via that route so you can attach your KDP link. I think as long as you have the link in bio. You can't actually do it inside of the Video that you're uploading, like the post that you're uploading.
Shivali Patel:
Okay and so there's so many things you can do there too, right, you can go in and do like a reading what is it? You read like an excerpt of your book and that's a reading. You could do Q&A. You could add Just some knowledge to the space. If you have something that is non fictional, you could do so many other promotional videos that can lend itself to traffic for your pages.
Bradley Sutton:
All right, so let me give you a couple scenarios. Scenario number one I am listening to this podcast and I'm not selling on Amazon yet, and the reason why I'm not is because, you know, I don't have $3,000 or maybe my product is like super expensive, it's $10,000 what I would need to invest. You know, $5,000, what have you? And I'm just like, hey, I'm not on any kind of like strict timeline. You know, I got a few months like I can build, you know, save for my day job, but I want to kind of like X, you know, start making some more money on the side Without investing. How, what would I? Where do I start? Like, like, what's my research? Like you know, maybe I don't have the time to do an Instagram Case, that you know you know. Whatever, whatever you do like, do I need to pick a topic that I know or you know? Do I do like product research and in helium 10 and find some kind of Subject that way that there are searches on like, like what's my step one, two and three?
Shivali Patel:
I think that's an excellent question, and it's when I can get very excited about sharing information on because you absolutely want to do product research. There's no point in you building a book and then set trying to sell it in a market that's super saturated, or maybe you don't know how to market and so use the helium 10 chrome extension. That's what I recommend is make sure you download it. You can go to helium 10 comm forward slash extension and once you add that to chrome, you can actually use x-ray to see a lot of back-end data. Go inside of Kindle, the Kindle store, go into categories, subcategories, use x-ray to see how people are doing and then from that, maybe, if you find a book that you Are interested in creating a book on, you feel like you could do something better, you can optimize that listing better. Then what I actually recommend that you do is open up Canva, open up ChatGPT and Open up quill bot. Okay, and what you can do is, first of all, use review insights which is also a part of our helium 10 chrome extension on your competitors inside of that niche. Figure out what's good, what are people talking about, what do they like about that book, what are the topics that you want to focus your book on and then go into chat GPT, provide a title, come up with a title. If you don't want to go directly into that, you really want to get granular. Go into Cerebro before you go into chat GPT, go and see what people are typing in and then from that Make a list of all the chapters you want to have for that book, all the keywords you want to rank for, and then you can use those keywords as chapter titles. Then you go to ChatGPT, you feed it inquiries and if you put in garbage if you put in garbage you're gonna get garbage out. So make sure you're very, very hyper specific about what you're inputting in.
Shivali Patel:
When you do that, you can start with an outline. You can say, hey, I'm writing a book for this, this is how long I want it to be. I'm going to, over time, over the next few prompts, feed you a set of Subject or chapter titles, chapter topics, and I'd like you to Draft a written response in the tone of XYZ. Maybe you have a favorite author, a favorite artist. Whatever the case may be, get very, very specific and, as you go through first, still provide you with the outline. So I would recommend really starting with the outline. Once you have the outline, the outline will present you with maybe two or three different markers for inside of each chapter. So even if you don't know the first thing about that niche, that is okay. You don't need to do a case study like I did. I've written plenty of books that are on topics I don't know anything about, and that is okay for you too. So go in to chat GPT, go into the outlines and then actually take each chapter Section, so maybe just the two or three. Copy and paste that and then you'll see I'll draft an entire thing for you.
Shivali Patel:
Now, the only thing that I don't love about ChatGPT is, yes, it has limits, but it also is quite redundant sometimes in its language. So you'll see some words pop up over and over again. You'll see vast, you'll see realm, you'll see Ecommerce landscape if I'm talking about something in E come and so you might want to go in and be specific, say, hey, don't use any sequential words or don't use these specific words, include these keywords, and it will actually go through and refine what you've written. The point, or the best way, rather, to use chat GPT is Start broad and get more and more granular, refining your results every single time, and so pretty soon actually even in the span of 30 minutes you can have a full book that you can then put into quill bot, which is a paraphrasing tool, and Actually change out those words. So now you have a Section of your book that is AI generated but it looks more human because you've gone in and actually changed out some of those words.
Shivali Patel:
Of course you want to add a little bit of personal touch, but can you imagine how hard it must have been to write books that are 500 600 pages back in the day, not to say you need to write 500 600 pages. Most of my books are somewhere between some are as low as 20 pages and others are I think my highest might be about no, actually 120 pages, I think is my highest. But you can go in and go as little or as Long as you really want to keep in mind that if you go and upload this to KDP, you will need to do some formatting beforehand, as well, as if you are making that book a paperback or hardcover book, you're gonna have certain associated printing costs because this is print-on-demand if you're using KDP. Anyways, I've gone completely into a whole splurge based off of this initial question of what the heck do you do if you're just getting started right, and so that was really to start with product research. Do the keyword research.
Shivali Patel:
If you want to figure out which chapters to create, use ChatGPT with Canva and I say Canva because you can actually transfer over, not transfer over with Canva. You can make the book title, book cover, page, and so you're. You now have a free book cover that you've created. You can create a really nice manuscript inside of honestly like word. I've done word before. I've done this inside of Google Docs before. I've also done this inside of canva before, where you can really make it nice with different fonts, and then you will want to throw it into KDP after that and make sure that the manuscript looks okay.
Shivali Patel:
That's really, really important because people who are Kindle readers read this on a handful of different Devices and you will want to make sure that they can actually read what you're writing, because the they want to consume the content. They don't want to be distracted by mistakes. When I was 23 and I published them on my first books, some of the feedback I got, I thought, okay, I'll just get feedback and refine it afterwards. Well, I did get some things that in in the reviews and oh, like the grammar was a little bit, you know, off for one of my fictional books and I was like, okay, it's fine. Whatever, you know, this was ghost written, I don't really care about it, I'm not gonna go in. I refined it as much as I could and I feel like the story still got across just fine.
Shivali Patel:
So once you have your book built, your book cover built inside a Canva, you've saved it, you're uploading to KDP. Create a KDP account, go in, upload all of it. It's pretty simple to follow. If not, we do have blogs on KDP. So I suggest that you go and you check out our blog section on Helium 10 to to figure out how to actually upload it, if you need some help, and then, from there, focus on marketing. I honestly, through mistakes, have learned that it's not enough just to build a high quality product. You will need to do the marketing side of things as well, and KDP is no different. If you want to stay low on costs let's say you really want to save for private label then go into existing blog forums, go into Facebook groups, create that TikTok account and do what we talked about earlier, where you're creating promotional videos, maybe you're doing reads Q and A's, you are getting on live, maybe, and talking about the book. I have seen some lives that are ridiculous. Bradley, do you remember the Chinese seller who made $18.7 million just by promoting products?
Bradley Sutton:
Yeah, like three seconds per product. It's kind of ridiculous.
Shivali Patel:
It's absurd and people still sell based off of those three seconds. You also have people who are doing the whole NPC trend, if you've seen it, and they make money on that. If they can make money on that, can you make money on a book that sells content? Absolutely, but will you have to put in the work to actually make the promotional videos? Yes, so you can go in and do stuff. The trade off is really going to be the time investment, so you will need to spend some time inside of Facebook groups. I've done this before. You find niches that are related to your book, go in, actually post that. Hey, you know what? Like I just released this book. I would love to get some feedback. I'd love if you guys could show some support and you're not telling anyone to buy, really, but they can go in and select or or, you know, purchase that product if they feel like it's up their alley and hopefully leave you an honest review, as long as you were very, very forthcoming with what you were hoping for in the beginning.
Shivali Patel:
Outside of that, I've also used blogging sites so you can go in, find niches where there's tons of readers subscribed to an email list and those email lists are really, really helpful too, because I've used those to launch books before, where you can go in and essentially maybe some of these sites are free, some are not. Some are like 20, $25 book beam there's. There's other ones that cost a lot more and they have millions of readers who are waiting for books to be published. So you can also tap into Kindle Unlimited. You can go in and actually end up promoting, let's say, even the book for free while they're doing these promos, so a lot of people can read them, you can garner those reviews and then hopefully start your PPC campaigns to sell really well.
Bradley Sutton:
All right, so that's, let's say, I do all that. I make a book about 60, 70 pages. What's about the target price? And then, at that price, what am I taking home? You know, based on you know what, what Amazon is charging me.
Shivali Patel:
So you can select from two different royalty options. With KDP, you can do 35% or 70% of royalty from your list price, and that's if you're based in I think it's UK. No, if it's based in Europe, then that's without the VAT tax. So it's just taking a look at your list price 35% or 70% and it really comes down to you on what you want to market at.
Shivali Patel:
You'll see books that are $40. You'll see books that are $2, which is what my book started with way in the beginning and so you can go in and choose and then base off of the royalty price that you select, you'll be able to figure out what sort of profits you're making. Then, of course, if you are saving for private label, you know maybe you'll want to focus on building really quality books, not not making too many, and then just work on marketing them. Or you could go wide right. You can make many, many books that are really really cheap and just focus on the launch side of things to garner that initial revenue or not revenue. Revenue, yes, but also the initial capital you need to get started with private label.
Bradley Sutton:
All right. Now, you know, that was a scenario that I gave, where it's like, all right, I'm just trying to get some extra revenue. Theoretically speaking, I could be already selling on Amazon and that's still you know, like I want to. You know, get more revenue so I can do that exact process. If I'm an existing Amazon seller, we would have nothing to do with my current Amazon business. It would just be, you know, me doing product research for something. But let's just you know. The other scenario, number two that was kind of like scenario one B, but you know. Now two is like all right, I sell coffin shelves and egg trays or what have you, and I want to leverage KDP in a different way. I'm not really necessarily making a revenue play, but maybe it's. It's something like I'm giving a free, you know, yeah, lead Magnet or add on what is a scenario? That I'm not necessarily making a revenue play, but as an existing Amazon seller, I could potentially leverage KDP and it'll benefit me.
Shivali Patel:
So I think a really good play for that is the leads generator, and that's just. You already have your product set. Maybe you want to tap into these Kindle users, because these are people that are already reading books. They're interested in that topic. Well, maybe they might be interested in a product in that setting, and so you can go in create a book using the process we just talked about right. Go into ChatGPT, go into Canva, into quill bot, and you can transfer those skills over and end up leading, putting in pages into your eBook that are for a leads generator. You tag that you can use portals inside of helium 10 to create a landing page and then actually end up taking that link and put it into your eBook, put it on KDP and then work on also ranking that book, so that way those readers end up hopefully navigating into your product and you end up capturing those emails as well through KDP.
Bradley Sutton:
Okay, so that's KDP. Now you know, one of your other specialties here at helium 10 is you work with our market tracker 360 program, something that I don't know too much about. It it's mainly for those who reach, like the eight, nine figure level. What's some new things that you can tell us about for those like, hey, I'm high, seven figure, eight figure seller, some new things that I can get excited about if I'm using market tracker 360.
Shivali Patel:
So the beauty about market tracker 360 is you can go as broad or as granular as you want, something we have been talking about today with this podcast. But what's really cool is now you can divvy out into how you want to build your market. So if you want to build your market, let's say, at a brand level, you can input up to 100 brands and focus on it simply at the brand level. If you want to put in keywords and asins, you can still do that, but you can go in and refine it based off of categories, subcategories as well, as something that is newer is being able to create markets based off of those subcategories too. So it takes a little bit of time to set up that market, but once you have it set up, you can always go in with filter presets and get an understanding for how your market is moving, not only from a year over your comparison standpoint, or a month over month or week over week. You can also just look at it from a competitor level, check out your market share, check out how your other competitors are doing year over year the historical comparison of your products versus their products, whether it be at a brand level or at a product level. You can also dive deep into your keywords, into their keywords, check out what strategies they're using and then how they're rising and falling in terms of a keyword heat map. And so it's really nice being able to not only set up the market as you want, you can go in at the.
Shivali Patel:
I've heard so many you know six, seven, eight, nine figure sellers talk about how important it is for them to be able to see their category or subcategory just at that level, and we're actually coming out with that. Now is before you could go in and get granular, do it as a filter preset. Now you can actually create the market based off of that. So that's something exciting that you guys can look forward to, and if you are on the diamond plan, I believe you have access to a market. So I highly encourage you to go in and make use of that single market you have. Okay, cool.
Bradley Sutton:
So I always forget about that. You know, like I even said right now, market tracker 360 is like, mainly on our supercharged plan, but if you're a diamond, you can actually, you know, go ahead and get one started. So, even if you're not a eight figure seller yet, go ahead and, you know, take advantage of that free one If you've got a diamond account, all right. So now we're at the end of this episode. Do you have our, our 60 second tip or 60 second strategy of the day you can share with the audience?
Shivali Patel:
I think my 60 second tip is going to be be proactive because, first of all, we are very close to new years and we talked a lot about KDP today, but you can absolutely tap into that market now because there are going to be so many people that are out there looking for goal setting things, for habit planners, and it's a really easy way for you to start with a no content to low content book. Maybe you don't need to do the whole ChatGPT thing just now. You can go in create something inside of Canva that is maybe template base, that you can go in, switch out the formatting, the colors and try to start working with the marketing side of things to get a feel for what it would be like if you posted a medium to high content book inside of KDP. So you can start really, really easy with low efforts and then also be proactive in terms of maybe you want to go out, maybe you want to check out some trade shows. You want to find a really good product for your FBA business. I know we didn't fully talk about product research for a FBA business, while I might have shared a little bit about my mindset about finding my latest product that I'm going to be selling. You absolutely can go in into trade shows, into stores even, and start thinking outside of box. What value could you bring to that niche with that? I hope you implement and you don't just listen to the podcast.
Bradley Sutton:
Awesome. All right Again. You're no stranger to the podcast. You'll be hosting some upcoming episodes of Weekly Buzz. And then also, you were definitely instrumental and part of our relaunch of Project X and you were handling one of these products that was actually sourced in India and so definitely have you back soon to talk with you and Meghla, who helped out with that project, to kind of see how it was. We've never had a Project X product sourced from India, so that one is going to be launched soon. So as soon as that launches we'll definitely have you back. But thank you for sharing your knowledge and we'll be seeing you soon.
Shivali Patel:
Sounds good. Thank you so much. | |||
| Helium 10 Buzz 11/23/23: Amazon Review Police | Amazon Posts Videos | Black Friday | 23 Nov 2023 | 00:24:06 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. How Amazon is using AI to ensure authentic customer reviews https://www.aboutamazon.eu/news/policy/how-amazon-is-using-ai-to-ensure-authentic-customer-reviews Temu, Shein far lag Amazon as online holiday shopping ramps up https://www.reuters.com/business/retail-consumer/temu-shein-far-lag-amazon-online-holiday-shopping-ramps-up-2023-11-22/ Amazon to Launch Live Shopping Deals During Black Friday Football Game on Prime Video https://variety.com/2023/shopping/news/amazon-black-friday-football-game-prime-deals-1235805778/ Hyundai to Sell Vehicles on Amazon Starting in 2024 https://www.caranddriver.com/news/a45896102/hyundai-amazon-car-sales-2024/ Stay tuned as we discuss the latest new features from Helium 10 and share some valuable newsletters to keep you in the loop. Later on, we share some game-changing strategies with Mina Elias for auditing your Amazon PPC campaigns. You'll learn how to manage campaigns effectively and monitor and improve campaign performance. Join us for this exciting episode! In this episode of the Weekly Buzz by Helium 10, Bradley covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos
Transcript Bradley Sutton: Amazon is employing AI to police fraudulent reviews. Timo and Sheen are lagging in holiday sales. This week is the first ever Amazon Black Friday football game. You soon can have videos for Amazon Post. These and much more stories on today's weekly buzz. How cool is that? Pretty cool, I think.
Bradley Sutton: Hello, everybody, and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our Helium 10 Weekly Buzz, where we give you a rundown of all the goings on as far as news goes in the Amazon, Walmart, e-commerce world. We give you all the latest new Helium 10 features that have been released this week and we give you training tips the week that will give you serious strategies for Serious Sellers of any level in the e-commerce world. Let's see what's buzzing. All right, today is Thursday. Yes, I'm recording this on Thursday. Yes, it's an American holiday, but we at the weekly buzz do not take any time off, guys. We want to make sure you guys know what's going on out there, so let's go ahead and hop right into the news.
Bradley Sutton: The first article of the day is actually a was a press release by Amazon, and it's entitled how Amazon is Using AI to Ensure Authentic Customer Reviews. All right, you know a lot of us worry, sometimes complaining about, you know, a lot of competitors doing some black hat strategies in reviews, right, and so this article goes in to talk about how advanced AI helps publish authentic reviews and weed out the fake ones. You know it mentions how the vast majority of reviews pass this Amazon bar of authenticity and they get posted right away, but that they're using AI to kind of look or try and detect if there's potential review abuse and if that happens, they either delete the review, they take action against the reviewer A lot of interesting things this article talks about. Now, the thing that almost kind of like worried me was that I still see, in 2023, a lot of obviously fraudulent reviews. You know where it's reviews that have to do with, you know products that you know are not even part of. You know the listing and a whole bunch of other things. This article was talking about how, in 2022, amazon observed and blocked more than 200 million fake reviews. So it's like that's kind of crazy if you think about it. Like that's last year and this year I'm still seeing reviews like man. That's a lot of reviews and a lot of you know, fake reviews and bad reviews. So it's funny because you know, we've been talking about that FTC lawsuit and I I've always mentioned how there is like so many other things I think that Amazon sellers are worried about. Uh, as far as Amazon goes, that the things that that FTC thing is and I would say the like, the fake reviews is one of them where all of a sudden, some new competitor comes in and within like three days, there's like a thousand reviews or or all of us, and they, they merge a whole bunch of listings and or resurrect some dead listing, those reviews for a phone case, but you know it's really for a coffin shelf or something. I mean, these are the things that, uh, you know I think a lot of Amazon sellers hope that you know Amazon would crack down more on. Hey, this article might be a move in the right direction If it's utilizing more advanced AI. Obviously, ai in 2023 and 2024 is not what it was in 2022. So maybe there is uh kind of like light at the end of this tunnel.
Bradley Sutton: Next article is from Reuters and it's entitled T moon Shane lag far behind as online holiday shopping uh ramps up. So you know, like I've been talking about this cause it comes up in the news a lot, how you know they're making a lot of waves, so many people are going to their websites and stuff. But I'm not. I never really was worried, uh, about you know, t moon she like biting into Amazon sales. Even Amazon's not worried. We talked about in the weekly buzz before how Amazon is not even doing price matching on these websites Cause it doesn't even really consider it like on the same level. Now, uh, similar web in this article said that hey, nine out of 10 visitors to T moon and sheen and when I say a lot, you know visitors there's millions of uh, uh visitors coming this holiday season. This article says nine out of 10 are window shoppers, not buyers. All right, sheen's website drew 28.6 million unique visitors in October, which is up from a year before, but visits that resulted in actual transactions, you know, a visit to the website that ended up in a sale went down to 4.1%. How does Amazon compare? 56% of Amazon's 268 million monthly visits in October resulted in sale. So, again, like I don't think Amazon is is scared or we as Amazon sellers need to worry about all this traffic that's going to, like T moon and sheen, people are not really buying on there right now. You know things could, of course, change, but as of now you can. You could see that. You know, buyer intent is really lacking on those other websites.
Bradley Sutton: Uh, speaking of Amazon, uh, this next article is from Variety. The title is Amazon to launch live shopping deals during black Friday football game on prime video. All right, so the very first ever black Friday football game is happening. Usually, you know, thursday, thanksgiving, Thursday, football is kind of a big thing. Now, the first ever Amazon black Friday game and it's going to be broadcast on Amazon and says deals are going to go live during pre game, half time and post game sales. All right, and there will also be one big limited time deal per quarter.
Bradley Sutton: Now there's rumors about what these might be. You know some say it's like. You know, might be some big uh from beats by Dre and Lego and different things. Now you might think, well, you know that it doesn't. That's not me, you know I don't have my deals on there. But again, we've been talking about kind of like a move by Amazon to start having more deals with their prime video and their video assets, and even though this might not have regular third party sellers.
Bradley Sutton: You know we're not going to afford uh, you know, a spot in this once a year. You know, you know football game. But imagine, you know if millions of people are watching football and you know a certain percentage of them are going to go to buy these beats by Dre, or these legals or these other things. Now, all of a sudden guess what? It's a you know, commercial time, or it's a break, it's halftime, they're on the Amazon app and they're buying something else, but now that they might go ahead and browse other other things, you know. So this is good for for Amazon sellers. Even though you might not be taking advantage of this exact kind of advertising, you are advantaged by it because Amazon is sending all of this new traffic directly to Amazon and hopefully you know that they can find their way to one of your listings if they start browsing, you know, while they're waiting for the second half to start, or something like that.
Bradley Sutton: So, interesting, interesting things, how you know, the world of advertising for, for Amazon and the world of sports and entertainment is coming a little bit more together. Next, one article is actually just from you know, from my buddy, jeff Cohen's LinkedIn. I've been seeing this. You know multiple people post about this. I don't have access to this in my account but I wanted to, you know, show Jeff's post here because he was the first one that I saw talk about it. But on LinkedIn he says that Amazon post is going to soon support video. So Amazon post, you know, hopefully you guys are utilizing that. We've talked about how you can use the Amazon AI and the helium 10. I had to create images and captions completely automatically with Amazon or for for Amazon posts, but soon you're now going to be able to upload video. You know I personally have been seeing Amazon posts come up more in search results than in the past. Perhaps you've seen that before. So imagine if now in the search results you can see Amazon posts that have video. All right, so it's going to be pretty cool. Jeff talks about here in his his LinkedIn posts that he says that, hey, shoppers who interact with a post end up performing 45% more branded searches, and brands with 10 plus post have, on average, compared to brands with fewer than 10 posts, two and a half more time store visits and almost four times more followers. And so you know, the thought being that, hey, that's just with static images. How much more could, potentially, having video now increase your branded search and some of your traffic? So if you don't have it in your Amazon post section yet, you know, like me, it's probably going to come in the next few days for you. All right.
Bradley Sutton: Next article is actually from car and driver First time we're quoting car and driver here in the weekly buzz and it's entitled Hyundai to sell vehicles on Amazon starting in 2024. All right, says looking for a 2024 Hyundai, look no further than your Amazon Prime account. Now, again, does this affect third party sellers? You know, maybe, maybe not. I just thought this was an interesting kind of like article here, because that's just kind of crazy If you think about where things are going now. Basically, this article is saying that, hey, you're going to be able to like, pick your color and everything. You're going to use the buy box. There's going to be different dealers that maybe have different offerings. Different dealerships are now playing the game of fighting for the buy box like arbitrage sellers. There's no, there's no haggling here, and I just think it's like kind of like fascinating where the world of online commerce is going to. You know, buying brand new cars online is not new, but Amazon obviously is going to be the biggest website ever to sell new cars. And who knows, you know, maybe I'm just waiting for the first dealership to make a mistake on their coupon and they don't realize there's some coupons or deal of the day stacking and I'll be able to get a new Hyundai Santa Fe for like 50% off or something. My very first ever new car was a 1999 Hyundai Elantra. So yeah, I kind of only drive like he is and things now, but I still love my Korean car. So, who knows, maybe I might be one of the ones to be one of the first ones to buy a brand new car on Amazon.
Bradley Sutton: All right, that's it for the news articles this week. Actually, not that much going on Now. Before we get into the helium 10 new feature alerts, I wanted to call attention to a couple of newsletters. I've never really been one to promote newsletters, never even had my own until a couple of weeks ago, but there's only three newsletters that I subscribe to, or that I actually read out of all the ones out there, and so the first one is actually the billion dollar sellers newsletter. All right, so that's made by, obviously, kevin King from the helium 10 elite program and the AMPM podcast. It's very, very valuable. All right, there's not BS in here. There's actionable strategies. There's not a whole bunch of fluff. A lot of humor in there, though. So if you guys want to get strategies that you can use right away and some no BS newsletter, go ahead and go to h10.me forward slash BDSN. H10.me forward slash BDSN. Completely free to subscribe to that newsletter and a lot of great stuff. That's the first kind of like outside newsletter I ever read in my life, just because it's the only one worth it to me.
Bradley Sutton: Another one that I've been subscribing to for a little while is made by Pacvue’s own Melissa. All right, so this is on LinkedIn and this is called commerce accelerated. So if you guys want to subscribe to it, go to h10.m/melissa. Another great newsletter. A lot of advertising in there and a lot of, you know, high level strategies as well as stuff that affects, you know, third party sellers. The last article was a recap on Amazon unboxed that Melissa was at, and so I highly recommend subscribing to that newsletter. And then, of course, you know shameless plug. The last newsletter is the new weekly buzz newsletter that I'm doing. It's not just like a transcript of this weekly buzz. I go break down all of the news articles and have some video on there and some other. You know strategies as well. So if you guys want to subscribe on LinkedIn to my Helium 10 weekly buzz newsletter, just go to h10.me/newsletter. h10.me/newsletter. All right, now let's get into the Helium 10 new feature alerts. Every week, we are launching new tools, new features, new functionality. A lot of it comes from you, the users. So what do we have cooking for this week? Even though it's a short week, we still launching things. The very first one I want to talk about is for Cerebro and Magna, and these are custom filters.
Bradley Sutton: This has been asked for by a lot of you out there and you know you guys all have maybe your own strategy of how you run Cerebro as part of your process, like right, like maybe. Hey, I'm going to analyze, you know, 15 different niches and for everyone, one of my criteria. For example, what do I have? Here I'm showing a search volume of a minimum 400. And then a minimum number of one competitor. Maximum two are ranking between one and 20. And these keywords have a title density of three, like, like. There's like six filters that I'm using right there. Now, if you're having to do this search 10 times a day, right, because you know you're just doing some bulk research, it's probably a hassle for you to have to, one by one, re-enter all of these filters in. So now what we have is, once you enter some filters, at the very bottom of Cerebro, you are going to want to go ahead and hit this button called save as filter preset, right. And once you hit that button, another window will come up allowing you to go ahead and put a preset name and you can say, hey, this is my, you know, keyword research version one or whatever. And now this is going to show up as a one click filter at the very top of Cerebro, so that when you get into Cerebro, you enter the ASINs, you can just hit one button and it automatically populates your filters. Same thing for magnet. All right, let's say I have this process where I'm like hey, I out of all these keywords from what came out from, you know, these thousands of keywords that came out inside of my magnet search show me everything that has 500 search volume, that's at least three words, and that there's only 300 competing products for this keyword. Right, again, it might take a little bit of time to enter all these filters in. Once you do that again, just hit the save as filter preset and what's going to happen is you can just name this filter and then now, when you enter in, go into a magnet search, you are going to be able to just, you know, hit that button and your exact filters are going to come out.
Bradley Sutton: The next and the only other update for the days is for those of you who are on the Helium 10 supercharge. You know, plan our supercharge plans for like eight, nine figure sellers. You guys have some pretty crazy graphs that you're going to be able to do, all right. So on your insights dashboard you're at the very bottom there's a, there's a button that says add a chart, right, you know everybody else has access to this too, but you got supercharged members have access to kind of like a crazy, crazy next level charting system. All right, and this is just the beginning.
Bradley Sutton: So it takes you to a new page and then basically, what you're going to want to see is you can choose any two metrics that you want to compare, like, hey, I'm going to compare my ad click through rate with my unit soul. I want to compare RoAS, ACoS, ad spend and net profit. You know, all in the same chart. I want you know the dates to be preset. At this. I mean, like, pretty much, you're going to be able to now take anything that is in your, you know, helium 10 account, which comes from seller central, obviously all of your data, and then start putting it on graphs and tables and compare different things that you normally wouldn't be able to compare, because a lot of again, why do we have this? A lot of people were saying, hey, I love the data that's in Helium 10, but I end up having to, like, download it into Excel files and make my own power points and reports. No longer you can just compare anything you want, download the graphs and, and you know, make tables, et cetera. So that is for supercharged members. All right, that's it for the Helium 10 new feature alerts for this week.
Bradley Sutton: Last up, we have our training tip of the week and it's actually a PPC training tip, and it's with a guest speaker, mina Elias, who you guys all know and love, and this one is going to be about how you can audit your account. Like, maybe you haven't been paying enough attention to your PPC, well, how can you go in there and give it an audit, mina, let us know how. Mina question that we've gotten from our audience is hey, you know, I've been running PPC for a while. I'm running it on my own for now. How can I run like an audit to know if I'm doing well or not? What are the things that you look at so that somebody can really understand like, hey, I'm doing excellent. Or you know what? I need some improvement here and there?
Mina: Yeah, so I'll walk you through our audits and basically how I do an audit like step by step. Step number one I'm looking at portfolios. Are you organizing your products into portfolios, you know? Do you have like multiple child ASINs that are that have different campaigns, or are you lumping all of your, your child ASINs into the same campaigns? So then I would create the portfolios.
Mina: Next is my campaign naming convention. So are the campaigns named? Easily? For us it's like product code space dash space. You know the type of the ad, like close match, loose match, complements or substitutes, if it's auto, broad phraser, exact, product targeting, expanded ASIN, so what's the type of the ad? Space dash space. And then it's like the purpose of the ad. So if it has a purpose like ranking or you know branded, something like that, if it's like brand, brand name, and then you know space dash space, the source of the keywords, and so that's like if it came from helium 10 or if it came from the search term report or if it's like a main keyword or something like that. And that allows me to sort through campaigns pretty quickly, because whenever I'm looking at like show me all of the performance of my, like exact, you know keyword campaigns, then I can just type in exact in the search and it pops up.
Mina: Next I'm looking at the budgets of the campaigns, especially for campaigns that are either running out of budget or have a good row as. So if your campaign has a low a cost or a good row as, there's no reason that the budget should be low, even if you feel like, okay, my budget's $50 and I'm only spending $25 a day, it doesn't matter. Because what I've noticed is if I go from 50 to 250, I'll go from spending $25 a day to $80 a day, and if the ACOS is good, then you're just going to make more sales with the good ACOS it's definitely worth trying. And then if you're running out of budget, obviously that's also red flag. You should always control your spending based on a bid level. So lower the bids to spend less, as opposed to capping, you know, your spend on a budget level, because that I've seen just kind of effects performance negatively.
Mina: Then from there I'm going to click into the campaigns and I'm going to make sure that each of them have only one ad group. What I've noticed is multiple ad groups cause like, let's say, you have $100 budget, it could be $80 to one ad group and 20 to another ad group Again doesn't make any sense. I don't know why it happens, but it's something I want to avoid, because it could be that the $20 ad group is the one that has the better row, as but Amazon is. Primary objective is to make you sell more. And then, once I'm in the ad groups, the next thing I'm looking for is how many keywords do you have in there? If you have, you know, more than five keywords, I start suspecting that you might have keywords at the bottom not getting enough like budget. So I'll just sort by sales or sort by spend and then I'll see. Okay, you know keyword number one, two, three, four, five, they all have sales. But like six, seven, eight, they have like one sale in the last 30 to 60 days. And then keyword number nine onwards, they don't have any sales. So those keywords are all areas of opportunity. If I pause those keywords in that campaign, move them to, you know, create a new campaign with those keywords, give them another, another chance. With a good budget they could end up spending a lot more money on making sales. So that's the next thing that I look for.
Mina: Then I go into the placements tab. So, you know, do I find any placements like top of search or product pages where the ROAS and the click through rates are significantly better than they are in the rest of search? So, for example, if I look at, you know, in a campaign, I look at the placement tab and I see the top of search has like a 8% click through rate instead of like a 0.4 in rest of search and it has like a 7x ROAS instead of a 3x ROAS. What I'm going to do is I'm going to increase the bid by placement, you know, by 25% or something like that, just a small number, to what I'm telling Amazon is, if my bid is a dollar, I'm allowing you to spend up to a dollar and 25 cents. If it means that I'm going to show up on the top of page one, because, you know, I've seen, based on the data I'm converting, well, there, then I'm going to go into the targeting tab or the bulk sheet. You know, if you don't know how to use the bulk sheet, just stick to the targeting tab.
Mina: In the targeting tab I'm sorting for keywords that are not profitable, so only exact and product targeting. I'm going to, you know, just do either two types of keywords. One where I'm like orders equals zero and spend is greater than a certain number. So orders equals zero means it didn't make me any sales and I spent money. Let's say I spent more than $15, or like half of my product costs, with no sales.
Mina: I'll tell you how to handle them in a second. So those ones, I'm going to lower the bids or eat or pause them. You know, if it's spent $30 in the last 90 days and it didn't make any sales, just at this point it's not going to make any more sales. It could in the future, once you conversion rate significantly higher, but not right now.
Mina: So, and then the other thing is okay, I'm going to just sort by a cost. So show me everything that's greater than 75% echoes and again all of those. And warning guys, you know, for anything that's greater than 75% echoes, do not touch things that have a really good, like a really high number of sales, because the ACoS could be bad but in reality it could be driving a lot of sales, even on the organic side that it's just not being attributed. So again, ACoS is high. I'm going to lower the bids and then vice versa, I'm going to sort by anything that has like a row as greater than, let's say, 5x, for example, and then I'm going to increase the bids of all of those keywords, meaning I'm willing to show up higher in the search. And you can always do like a cross check with you know cerebral and see where you're ranking organically for those keywords. If you're ranking organically and sponsored high, you don't need to increase the bids, but if your organic and sponsored rank is low and your row as is good, it's worth trying to increase the bids, get more visibility, more clicks and more sales. Then I'm going to go into the search term report. That's the final piece. And in the search term report, again two directions.
Mina: Number one keywords that are not working. This is for auto broad phrase and expanded ASIN. The reason is for a broad keyword, it could be 30 different keywords that are being triggered in the search terms that are, you know, resulting in bad performance. So maybe five of them, 10 of them are bad, like low row as or spending, no sales, and then five or 10 are very good. So you want to keep the good ones and then negative the bad ones. So, again, a filter sales equals zero, spend greater than $15.
Mina: Take all of those keywords and go into the campaigns and add them as negatives, negative, exact, and then you know a cost greater than 85%. Again, be careful for keywords that are generating a lot of sales. But I can take all of those keywords, add them as negatives in the campaigns and then vice versa, I can identify any keywords with like greater than five RoAS. Take all of those keywords, find which match types they're not currently being targeted in. So maybe they're in broad, they got discovered in broad but I'm not actually targeting them in an exact campaign or a broad campaign or whatever. And then I take those keywords and start launching them in new campaigns so I can get more visibility on those keywords. But that's essentially what I'm doing, that, step by step, awesome.
Bradley Sutton: Awesome, all right guys. So if you want to get more tips from Mina about how to you know run PPC, make sure to check out his company and hubhealium10.com. You can look for Trivium. Or if you have a platinum account or higher, make sure to check out PPC Academy. It's in your learning hub on your Helium 10 dashboard. He's got tons of great modules there. Mina, thanks a lot for joining us.
Mina: Thanks for having me All right.
Bradley Sutton: Thanks very much, Mina, for that, and thanks to all of you guys for tuning in. Hope you guys enjoyed this edition and we'll see you next week to see what's buzzing. | |||
| #511 - Managing Q4 Amazon PPC Campaigns | 21 Nov 2023 | 00:44:16 | |
Are you ready to skyrocket your knowledge of Amazon PPC? In this TACoS Tuesday episode, prepare to be amazed as we bring you the secrets of the trade from none other than Elizabeth Greene, the co-founder of Amazon ads agency Junglr. Dive into the world of data analytics and learn why understanding the numbers behind the numbers is crucial. Whether you're a beginner or a seasoned seller, we've got insights that are bound to give your Amazon PPC game a boost. We talk about the core strategies for launching new products, from using supplementary keywords to strategic ad placements. We uncover the importance of context when branching into new markets and how to leverage different keyword match types to target specific search terms. Learn about optimizing strategies for Black Friday and Cyber Monday, and how to manage your budget effectively during these peak seasons. Lastly, ignite your understanding of advertising for branded products on Amazon. We debate the significance of tracking the share of search and using Search Query Performance reports, and reveal our strategies for advertising for products with only a few relevant keywords. Tune in and take away valuable strategies and insights that will elevate your Amazon advertising game to new heights.
In episode 511 of the Serious Sellers Podcast, Shivali and Elizabeth talk about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Shivali Patel:
Today, on TACoS Tuesday, we answer all of your PPC questions live, as well as discuss what you could be doing in terms of launching and auditing your PPC campaigns during the Q4 season.
Bradley Sutton:
How cool is that? Pretty cool, I think. Want to enter in an Amazon keyword and then within seconds, get up to thousands of potentially related keywords that you could research. Then you need Magnet by Helium 10. For more information, go to h10.me/magnet. Magnet works in most Amazon marketplaces, including USA, Mexico, Australia, Germany, UK, India and much more.
Shivali Patel:
All right, hello everyone, and welcome to another episode of the Series Dollars podcast by Helium 10. I'm your host, Shivali Patel, and this is the show that is our monthly TACoS Tuesday presentation, where we talk anything and everything Amazon ads. So today we have a special guest with us, and that is Elizabeth Greene, who is the co-founder of an Amazon ads agency called Junglr. So with that, let's go ahead and bring her up. Hi, Elizabeth, how are you? I'm doing well, how are you?
Elizabeth:
Very good.
Shivali Patel:
So, nice to have you on. Thank you for joining us.
Elizabeth:
Yeah, thanks for having me. These are always, always fun.
Shivali Patel:
And what an exciting time to be talking about Amazon ads to a fat. It's cute for you. Oh my goodness, you must be slammed.
Elizabeth:
Life is a little bit crazy right now, but you know it comes with the territory.
Shivali Patel:
So it does. It is peak season I see we have someone coming, so it's a very exciting time to be in business and I'm looking forward to reading your questions and hopefully having Elizabeth answer them Now. The first question here says what can you suggest for a beginner like me, who is just starting out, and what and where can I learn to grow as much as possible?
Elizabeth:
I would actually say there's two skills that one, in the beginning, none of us have, and they are skills and they can be learned, even though they're considered more quote, soft skills. Data analytics made it not as much.
Shivali Patel:
My two things are going to be.
Elizabeth:
Data analytics and communication skills Community Asian sales are, you're going to find, are quite important when it comes to management of accounts management of accounts that are not your own. So if you are, even if you're a brand manager in a company or, you know, obviously, at an agency seller and a sourcing person, okay then I'm going to go with data analytics. Data analytics are going to be your friend. The things that I've kind of discovered have been, like you know, sort of mind blowing. For me are the numbers behind, the numbers Meaning. So when you're trying to evaluate ACoS, right, a lot of people are like, oh, it costs one up, it costs with down. Great, I know this, I can look at the account. What the heck am I going to do about it? Data analytics really good data analytics not only tell you the what, but the why and then the what next. So you're, if you can get really really good at the why and the what next, that's going to really set you apart and the way that I kind of have come to it. This is my own personal journey. Maybe there's other people who are way smarter than me, have way better journeys, but for me it has been, again understanding the numbers behind the numbers to have, for example, right, you start in a little bit of a way, it's kind of like the matrix.
Elizabeth:
So when you're breaking down, say ACoS, right, you go, okay, ACoS one up, big, else one down. Why right, what the heck happened? You're like, oh, wait, I can calculate ACoS by ad spend divided by ad sales. Okay, so it's either that ad spend went up and sales remain consistent or went down, or ad sales went down and spend remain consistent. She like, oh, okay, there's those two variables. Okay, now I can say, okay, ad spend increased. And then I can go, okay, ad spend increased. Great, I know that why. And then you're like, okay, so I can calculate my ad spend by my cost per click, by my number of clicks.
Elizabeth:
So either my cost per click went up or the number of clicks happening in my account went up. And then you can look at those two variables and go, oh, okay, it's the number of clicks. Why? Oh, I just launched a whole bunch of new stuff. Okay, that's why. Or my cost per click went up exponentially. Why? Maybe you know, it's just a natural market change thing. Talking about prime time, peak season, now you're probably going to see cost per clicks going up. It's a market thing. Versus other times you might have aggressively increased a whole bunch of bits in your account and so then you go check back. So data analytics that's the way I view it. I am not classically trained on data analytics, I just have looked at it for over five years now and tried to figure out the what the heck is going on a question and the what to do about it questions, and so those. That's my way of sort of. I've learned to sort of peer into the matrix. So if you can get really good at understanding not just what the data is but what it's telling you, that's really going to get you to the next level.
Shivali Patel:
Definitely, and I think a lot of people have very different strategies. I think Elizabeth's strategy, you know, is definitely one you should take into consideration. But also, the best way to learn is going to be trial and error and until you're really sifting through your own data, I think it's going to be hard to you know gauge sort of what's happening. I think a lot of things in business are just as they come. Now I want to kind of take the other side of that and go into, let's say, somebody's not a beginner, right, somebody's been selling for a while. They're more established. What do you recommend to somebody who might be evaluating or trying to audit their own PPC strategy?
Elizabeth:
Next level is going to be evaluating things on a per product level. And let me clarify when I say per product, I mean per listing. The reason why is the data gets kind of funky when you pull it down to a skew level. You definitely can, but there's some nuances that you really want to be aware of that can kind of lead you in the wrong direction if you're looking at a per skewer, per child days and level. But if you can start looking at your ad strategy, your sales growth, everything through the lens of listings, that's really going to take you to the next level.
Shivali Patel:
So when you see listings, are you talking about maybe like the conversion metrics? Are you looking at the keywords that you're using, sort of what is like the underlying factors? I guess all the above.
Elizabeth:
Honestly, but to make sense of it all. Because, to your point, like force for the trees, if you look at like everything, then do you walk away being like I have no idea what in the world I'm supposed to focus on? So the way that we've begun looking at it and the reason why we started looking at it like this is because we managed several clothing accounts. Talk about complexity, talk about force for the trees. You're like where in the world do I start? And you want to make impact on these accounts. Right, you can't just like all right, I did my bit, adjustments and call it good. Like you really want to get at our hands dirty and like really start improving the accounts. But you're like where in the world do I focus? So what we've started doing is percentage of total have been a little bit of a game changer. They're not, it's not the newest thing on the block. A lot of people use this percentage of total, but the two things that we look at is the percentage of total sales of each. Again, we're talking about a listing level. Again, reason clothing you have up to hundreds of different SKUs on a per listing level. Like how the heck do you make sense of it. So how do we make sense of it is rolling it up to the parent listing level and then looking at the percentage of total ad spend, again on a per listing.
Elizabeth:
So this gives you a lot of clarity into what products are driving the most sales for the brand. And then, what products are we spending, are we investing the most ad spend on? And when you look at it this way, it's very common to have these things happen in the account. If you haven't been paying attention to them, you oftentimes will see like oh wow, this product's driving 2% of my total sales volume and I'm spending 10% of my total ad spend here. Like that's probably a discrepancy. Maybe I should go and adjust those ads. So that gives you a lot of clarity. And then to court of gauge because again we're an ad agency, so ads are the thing that we focus on the most to help and drive improvements for the brands is we will look at the impact of the total spend on that per product. So again, percentage of total ad spend, and then we'll look at what we call like quote ad spend efficiencies, meaning ACoS, Total ACoS, ad sale percentage, also the delta between your ad conversion rate and your total conversion rate. Our unit session percentage is actually really helpful gauge. And so we're like, okay, we're investing most of our dollars here. How is our efficiency on that large investment?
Elizabeth:
And then you can sort of pinpoint like, oh, wow, I'm investing most of my ad spend into this product, to the point of like 5% of total brand sales, 13% of total ad spend investments. And wow, the ad spend investments are really unprofitable. Now, if you're in a launch phase, there might I mean there's context that you need to add to the numbers, to the point of like telling the story with data. And if you're managing the brand, you probably know the context. But at least it goes as okay. So here's two products we should dig into more. Here's two products we need to probably invest more of our ad spend on. And it really starts to clarify things when you really kind of understand how to see the picture in that way.
Shivali Patel:
To kind of follow up on that how do you really end up deciding which keywords to go after, as well as, maybe, how to really structure them into campaigns in accordance with your budget, because I know that's different for everyone?
Elizabeth:
Yes, it definitely is. We will always focus on relevancy first in the beginning. Now there are certain times if you're doing like a brand awareness play or you're like, wow, I've really targeted my market and I need to branch out, like what's the next hill? Absolutely go after categories, you know like, go after those brand awareness plays. But if you're in the beginning and you're in a launch, the nuance of Amazon advertising is you're not building, you don't build the audience. Amazon has built the audience for you.
Elizabeth:
All we're looking to do is use specific keywords or search terms to get in front of the audience that is already existing and that's where relevancy comes in. So you're saying where is my specific shopper? What are they using to search for products like mine? And I need to make sure I'm showing up there. So we're always going to prioritize that. That typically is going to get you better conversions, you know, better clicks, more interactions with your brand and which leads to more sales. And then also on the flip side, and if you're doing this on launch, it is a really good product sort of evaluation, because if you're showing up exactly in front of your target shoppers and your click rate is terrible and your conversion rate is terrible and like nobody's buying, there's probably a signal that maybe there's things to adjust with the listing or other factors that you should look into.
Shivali Patel:
Do you ever go into, like branch into, I guess, supplementary keywords where maybe it's not exactly for the product but it's maybe like a related product, and where do you really place those sort of ads?
Elizabeth:
Yeah, so when we'll do it is really dependent on the overall performance and the ads spend or profit goals, right? I mean, it seems so stupid, simple, but if you are advertising more, you're going to be spending more, and if you're struggling to bring down Total ACoS or ACoS again, ad spend divided by ad sales, the one thing you can control with ads is ad spend. So in those cases when we're looking to bring down Total ACoS, we're typically looking at pulling back on ad spend. So if a product or brand is in that phase, I'm not going to be like let's launch all these broad things and we're not quite sure how they're going to convert, right? So context is really key here, but when it comes to branching out, it really is dependent.
Elizabeth:
You will find certain products on launch where, like, for some reason, it's really difficult to convert on the highly relevant terms but, like adjacent markets or, to your point, like somewhat related keywords or related products, actually work really well. So we're always going to prioritize what's working. So if we're like finding all of these search terms that are popping up through, like, say, broad match or autos or something, wow, we weren't aware that this is actually a really great market for us. But it's very obvious, looking at the data, that's something that we should, that's a direction we should go in. Then obviously we'll push towards that direction. But depending on if we're going to like decide to branch out on our own, it probably is highly dependent on the ad spend and then also sort of the phase of the product, meaning like how we kind of conquered everything and what's our next play.
Shivali Patel:
And in terms of when you are launching, yes, we're going for the most relevant keywords, right, that are where you can find your target audience. But what about in terms of exact match, like yes, are you going directly into exact match and auto and broad all at the same time? Are you just kind of doing exact first and then branching into auto?
Elizabeth:
Yeah, so we do like exact first. I'm still a huge fan of like all the above, exact phrase and broad. The one thing that we have found is like within your exact match, you can just be more specific on what search pages you're spending your ad dollars on. So if you, especially if you have limited budgets in the beginning and you're like, hey, I really want to make sure that I hyper target these keywords, exact match makes a lot of sense. Now, if you're talking about you like branching out, we're still going to prioritize putting a higher bids on our exact match keyword. So we're still going to try and have most of.
Elizabeth:
Let me say this if you're going to be aggressively spending on a specific search page, you're like I've identified this keyword, this is my ranking keyword, I'm going to put a lot of budget behind it. Exact match all the way. Now I don't want anyone to say that clip and be like wow, she hates broad and freight. Like, no, I love all the above. Like we run autos, run multiple autos, category targeting, like all the above, do it. But if you're trying to get really aggressive with something, it's just it's the nature of how the match type works more than like it's quote best, because they don't really think it is.
Shivali Patel:
Now I do see that we have some new questions, so let me go ahead and pop them up. We have can you give a refresher on how people can do modifiers, since nowadays exact sometimes performs as phrase match and phrase sometimes is like broad. So if someone wants to make sure that an exact is that exact two word phrase is adding plus in the middle self that.
Elizabeth:
Yes, it does, but caveat, it only officially does in sponsor brand ads. If you look at the document, I mean I gotta go check it because they're like they keep updating the documentation on the slide and like not notifying us. But from my understanding and from the reps I've talked to, and also the search storm reports, I've seen modified broad match I don't believe a hundred percent works all the time in sponsored product ads, which is super annoying. So for those of you listening who are unaware of what a modified broad match is or modified search terms, modified broad match is a thing in sponsor brand ads. So the way that broad match keywords work in sponsored brand ads and they have sense care that over to sponsor product ads is that it cannot only target. You know we do classic broad match, right, you can put keywords in the middle, you can swap stuff around. But like if I had the keyword running shoe, right, both the word running and the word shoe must be present in the search term for your kind of traditional sponsor product broad match. It's not the case anymore.
Elizabeth:
You can target what's called related keywords. So for example, one would be like sneaker, right, it's kind of related to running shoe. And if you wanna say. I stuck a screenshot out on LinkedIn not that long ago and I was like, how is this relevant? Like one of them, it was like targeting like a bread knife and the search term that it triggered was like ballerina farm, go figure, I don't know, but like, so you can get like this really weird, funky stuff. So what we do to kind of combat that one, just keep up on your negatives these days, like, keep a sharp eye on your search and reports and add those negatives.
Elizabeth:
But the one thing that you can do is just sort of like to Bradley's point make each those individual words have to show up is if, in front of each of those words that you want to make sure are present in the search term, you can add a little plus symbol. So in the example of like, say running shoes, I would say plus shoes, plus what is our running whatever? Plus running, plus shoes, right, and then that would trigger to the algorithm. Okay, you have to use these things inside of your searches, which again is a factor in sponsored brand ads. If you look at the documentation, they do say that modified broad match is a thing and it's been a thing for a while. I just hasn't been super popular. But I haven't read documentation that they've rolled that over into sponsored product ads. I don't think it's a bad idea to get in the practice of using modified broad match and sponsored product ads though.
Shivali Patel:
Okay, thank you for answering that question. We also have another one that says I'm going to be launching a brand new store for FBA and Shopify for my own manufactured product. What will you suggest that I do for the first few months?
Elizabeth:
Well, I'm gonna assume that the question is saying, with ads because that's my area of expertise like new product launches, there's a lot. So definitely follow @HumanTank because they way more than just add advice to offer you. But as far as the advertising, I would prioritize keyword research for the product launches. That actually would be really helpful when you're trying to vet even the space for your particular products. And then I would again, I would hyper focus on relevancy in the beginning. I would run that in exact match, probably high bids.
Elizabeth:
In the beginning you're looking for two things. You're looking to get eyeballs on your product, ideally those eyeballs conferring to sales that is remain to be seen, based on how appealing your product is to the market and how good your search pages et cetera. But you want to get eyeballs in the product and then you want to use those eyeballs to sort of vet again how much these shoppers like your particular product for purchase. So that's what I do. I would focus on those again for like the first couple weeks is typically what we do, and then you might sort of branch out into phrase match run, auto campaigns et cetera. Now here's a trick is how many keywords you choose in the beginning to launch is actually going to be determined by your budgets. So I have seen so many sellers in the groups like they'll be like oh my gosh, I just launched and launched my ads and I'm spending like $1,000 a day and I can't afford it and I don't know what's going on. Again, it's simple, kind of seems like stupid logic but the more keywords you're advertising on, the more clicks you're gonna get, the more cost per clicks you're gonna pay, the higher ads spent. So you actually want to factor in what you're doing for your launch strategy with your budgets.
Elizabeth:
Like I just got off a client call and we're like all right, we have these new product launches. Yeah, it's a really competitive space. It's like skincare. We're not gonna have reviews in the beginning. You know what? In the beginning we're gonna keep ad budgets really lean and we have a really good brand recognition. We're just gonna leverage brand recognition because we know the conversion rates are gonna be there. It's gonna help us get the initial products. But we also are understanding that if that's the strategy we're running again a little bit more limited, just leveraging brand lower budgets we're not expecting the sales to be exponential in the beginning. So it's like setting expectations and then kind of understanding what makes sense for you at this stage.
Shivali Patel:
Okay, and, keeping that in mind, the review portion that you're mentioning, right, yeah, you end up like, let's say, for example I'm not sure if I'll pronounce it right, but in Sweat's example right, his question when he's launching, do you end up waiting for the reviews to file in before you are running those ads or do you end up just kind of going in? And of course, there's many moving components, yeah, there's a lot of moving parts.
Elizabeth:
It depends on what the brand's wants to do. Typically we will start running stuff out of the gate Again. We just kind of set expectations. The reason why ACoS is so high in the beginning is for two reasons. One, your conversion rate tends to be a little bit lower and then, two, your cost per clicks tend to be a little bit higher because you really are trying to get aggressive to be able to get that visibility on the product and then over time, ideally, conversion rates improve because you get more reviews and then cost per clicks hopefully go down as you optimize. So between those two things, that helps it get better. So we just set expectations with like hey, because conversion rates are low means it takes more clicks to convert, which means ACoS is gonna be a little bit higher and we expect potentially sales not to be still or out of the gate. Sometimes it'll be surprised. Sometimes you launch a product and you're like, wow, this is amazing, this thing just absolutely took off and I hope for all of you listening, that is the case for you and your new products, but it's not always the case. So it's really more setting expectations and then just deciding what makes sense for you.
Shivali Patel:
Why would someone create like a branded campaign If they've already have their standard stuff? Do you maybe want to talk a little bit about branded campaigns?
Elizabeth:
Yeah, there's two kinds of branded campaigns. One is considered branded, or maybe brand defense is what you might call it. One of them is you have a whole bunch of products. Which you might do is you would advertise your own products on your other listings. The goal of that is you'd be like, hey, if somebody is going to click off, they might as well click onto my own product. Again, it's called a defensive strategy because you're plugging people off and refer to it. It's like plugging the ad spots. My competition can't get this ad spot on my listing. The other thing that you might do is if you have any branded searches happening so people searching your brand on Amazon then what you can do is you can again advertise your own products.
Elizabeth:
There's a lot of debate out there. They're like, oh, if I already have people searching for my brand, why in the world would I be spending on it? Because they're going to convert for my brand anyways. Yeah, there's arguments to be made. The things that you can do is you actually track your share of search in using search query performance reports to look at your own branded traffic and be like am I losing out on sales through my branded traffic? That's something you can do if you want to be like, is it worth it for me to run? But the second thing and the one I was referring to when I was talking about that more specific launch that we're doing is if you have great brand recognition meaning there's a lot of people searching for your brand you've already built up a lot of traffic to your current listings and you have a new product that fits very well into that brand.
Elizabeth:
So example I just gave was we have a brand that has a skincare line. Right, they have their launching complimentary products. They have really good repeat purchase rates. What we can do is for people searching their brand, we can make sure that the new products are then advertised and show up high on their branded search, where they might show up lower before if we weren't leveraging ads for that. And then what happens is someone's typing in the brand like oh, wow, there's a new product from this brand. Awesome, and most likely not always, but of course you know you read the data, but most likely you're going to get people purchasing very similar. You know you can use ads to be able to get visibility again on your own products, but you're using your new offering. So that's kind of a way to like. If you have a good brand, share to be like. Hey, I got a new product. I want to try it out using ads.
Shivali Patel:
Got it, and I see Sasha has a question here, and it is what's the best way to research Amazon keywords for low competition products? And I'll go ahead and add as well what do you do in the case if, let's say, there is not necessarily a market, maybe it's a brand new product that doesn't end up having any sort of crossover? You're creating a sub niche.
Elizabeth:
Yes, those are the most difficult. The two most difficult products to advertise for are one to your point of like there really is no relevant traffic for it. Or two, when you only have one keyword that has any search volume and there's like nothing else besides one or two keywords, because every single one of your competitors knows those one or two keywords and there's really not anything else to choose from. So there's not really a way to like play a sophisticated game. You just got to like grin and bear it in those categories, which is like kind of painful sometimes. So reword I mean your keyword research is really going to be exactly the same as for any other product. You're going to be looking at your competitors, seeing what they rank you for. I mean, we use Helium 10, love Helium 10, just did a walkthrough of how we did keyword research using Helium 10. Like it's a really great tool.
Elizabeth:
The one different way that we have of generating your first keyword. We actually generate two keyword less in the beginning. So what we'll do is we'll use, say, like a commonly searched keyword. So a lot of times people will start with like all right, type in a commonly searched keyword and then like, look at the ranked competitors, choose them, you know, choose the relevant ones and then go through that. What we will do is we will take that first you know pretty general keyword that we're pretty sure is relevant to the products, and what we'll do is we'll type that into.
Elizabeth:
I'm going to get them mixed up. I'm going to say it's magnet, it's the keyword research tool, so you type it in and then you look at search, so you sort by search volume and what we'll do is we'll actually go down that first list and find what we call our highest search volume, most relevant keyword. So what you're looking for is the intersection between where you actually have good shop or search, and it is also relevant to your product, because the more hyper relevant you get to the product, typically speaking, not always the lower your search volume is going to be. On those keywords You're like all right, what's my top of the mountain? Because oftentimes people will be like, oh, metal cup, that's a great keyword, yes, but it's not highly relevant keyword. So you're looking for, like women's metal cup for running or something like is there a good search volume there? How can I like niche down a set? And then what we'll do is we'll take that search page for a highly relevant keyword and use that as our springboard to find our top competitors.
Shivali Patel:
So we do also have a question from David where he asks how would you use not sure what that's supposed to say for top competitive keywords when your product have multiple attributes such as gold diamond ring, gold solid hair ring and engagement rings should I run through, bro, on each? I'm assuming that's just supposed to be. How would you search for top competitive keywords? So? Yeah so I would, I would just look for.
Elizabeth:
I would look for whatever is the highest relevancy, highest search volume, one that's going to give it and you're going to have a lot of applicable keywords. So the walkthrough that I did I think it's just yesterday what we did is we were looking at baby blanket, and what we start doing with our final keyword list when we're looking again we're prioritizing relevancy is you will find what we call buckets of keywords, right. So when I was doing baby blanket, it was like girls receiving blanket, receiving blanket for boys, like some like okay, there's a bunch of girl keywords and their bunch of boy keywords and these are actually a little bit related to specific variations. You can start getting really sophisticated with it. But as you do that keyword research and as you're looking for that relevancy, you're probably going to find a lot of these buckets. So what we'll do on launch is we'll like take our group out and be like okay, so to your point, we have a bunch of diamond keywords.
Elizabeth:
Oh wait, I have a bunch of solitary keywords, right. So you can actually group those. I can take all my solitary ones and be like hmm, I wonder if the search term solitaire is. I wonder if people like my product in relation to that search. Okay, so let me take that out. Let me put those in their own campaign. I'll label the campaign like solitary keywords or something and then I would advertise the products there or engagement ranks, right, okay, maybe that's applicable to my products. Let me again pull those out and put them in a subgroup and a campaign. The reason why I like doing this is because then I can just scan campaign manager instead of having to like go in and like, look at a campaign with, like the solitaire keywords, engagement ring keywords, gold, diamond keywords. I can be like, oh, these are sub group in campaigns and then when I'm in campaign manager, I can simply look at how each of those three campaigns are performing and be like oh, wow, it seems like gold, diamond ring keywords actually perform best and you still want to analyze at a keyword level. But that makes it a little bit more scalable to like understand shop or search behavior in relation to your product.
Shivali Patel:
Now I see that David also would like to know about the filter for keyword sales filter, which it is essentially just telling you on average how many sales occur for that particular keyword every single month. So that's really what you're looking at there, but, Elizabeth, maybe you want to expand on whether that's something that you end up looking at when you're doing your keyword research for these different brands that you work with.
Elizabeth:
I don't really Everything honest. The two things that I look at actually probably three things is I would like to look at. We look at numbers to the count of competitors that are ranking again, because we're doing that whole like find, you know, do the first list to find the second keyword, to find the really really super specific products. So if you can find good super specific products, then you can kind of like use their ranking on the keywords. So actually I love that Helium 10 added in that column because it was one that a lot of us were like calculating.
Elizabeth:
When I'm like God, I don't have to do the formula, I just already filter for the list, so it's really awesome. So we'll download that list and then you know, we'll just see what's the highly relevant and the kind of cross check that with search volume you can use. I don't think it's a bad idea to use, you know, kind of like the sales volume, because sometimes what you'll find is that even though there's like a high search volume, if the keyword is sort of like a little bit broader keyword, you might actually not have as much sales volume through those keywords as you would think. So it's not a bad idea to analyze it at all. We just find if we're like again, we're super honed in on that relevancy factor, then we tend to come up with the ones that have better sales volume anyways.
Shivali Patel:
Okay, I think that's really, really insightful. We also have Sergio. Sergio, do you like to use the same keywords for each campaign in broad phrase, and exact campaigns?
Elizabeth:
I do. I would say the one sort of not qualifier would put on it, the one thing you should be aware of. I would recommend keeping the bids lower in the broad and the phrase match. I don't always agree with Amazon's recommendations, but if you listen to their recommendations on this, they actually recommend that you keep it lower.
Shivali Patel:
And Sasha has a question. If I was to start selling a product that has a monthly volume of 60,000 units a month, how should I position myself? Should I run out?
Elizabeth:
I would first want to know how the product performs. That's your first goal. You want to figure out what your average cost per click is and you want to figure out what your actual conversion rate is. Once you have those factors, you can actually start building production models and sales production models and stuff. Actually, it's not hard to build or not search. You want to search traffic production models based on oh, I want to hit $50,000 a month in products, this is my conversion rate. What you need is you need your conversion rates. You really need your conversion rates is the main one, and then you're going to need your cost per clicks in the ads to be like all right, this is what it's going to cost me. Right now, you're going off of nothing. I know I've said it about 20 different times on this live, but I'm going to say it again relevancy, focus on your exact target market, see what your numbers tell you, and then you can build up from there.
Shivali Patel:
I think that's a good plan, so hopefully that is helpful for you. Sasha, I see we have Sweat's leaving, but he has found the response was informative. Now I wanted to touch on something we talked about at the beginning of this call, which is Q4, right, we've been talking a little bit about auditing your strategy and some general PPC knowledge, but also what about, I'm sure a lot of you guys that are watching? If you're already selling, then you probably aren't full swing. Maybe you've already gone ahead and optimized your listings for Q4. But what happens if maybe somebody is just starting to be like oh no, I completely dropped the ball? Do you have? Hopefully, not Hopefully, none of you guys are in that position, but let's say something like that happens, sort of maybe if you have a take on what somebody can do to make sure that they're still able to tap in on Q4's potential.
Elizabeth:
Yeah, so we're assuming it's a brand new launch product and we have nothing.
Shivali Patel:
We can assume that they've been selling for a while, but they haven't changed anything for Q4.
Elizabeth:
Got it, got it, got it. Ok, no, that's fine. So I would say if you're already selling, most likely you probably have some ad structure. You're not in a bad spot. Ok, q4, right before Black Friday, December and Monday, we're not launching a whole bunch of test campaigns. Don't do it, because what happens is Black Friday, Cyber Mondays Really, what you're doing, you don't get same.
Elizabeth:
I know there's not really data available, but honestly, nobody's really looking at that. An inside campaign manager. You're not going to be able to say, oh OK, I got 20. My ACOS was so much better this last hour, so let me increase these budgets, right? What you have to do is you have to look back at historical data. So if you want to test anything, do it before this week is out. Get those campaigns up, get that data, because you're going to be completely flying blind If you launched a bunch of stuff a day before. You're completely flying blind on performance metrics and it's so easy because of how many clicks are happening on the platform to really lose your shirt. So I would say, if you're like oh my gosh, I don't have any specific campaign set up for Black Friday, so that's fine, you're actually in a really good spot. So what you want to do these weeks leading up to it you actually still have time you want to go into your account and you want to evaluate what is working now, what is crushing it right now, and then I'm going to make sure, as that traffic comes in, that those have good budgets. I have healthy bids on them.
Elizabeth:
To be honest, days of for the most part, unless we have a really specific keyword on a very specific brand, they're like we have to be aggressive when we must win top of search for this particular keyword. For the most part, we're adjusting budgets. Day of is our typical optimizations. So what we're doing prior to that is we're like all right, if we're going to be increasing budgets, we want to make sure that all of this is super solid. So you're doing two things. One, you're identifying all the stuff that really works and you're like all right, I need to make sure again, budgets are healthy, bids are healthy, all my optimizations are done. And then the second thing we're doing and this is also very important is what is all the stuff that's not working, meaning Clips with no Sales? Where are all my high costs, low sale keywords going on? Here's a good one. What are all my untested stuff, that I've just been increasing bids. So it's so easy.
Elizabeth:
If you're like normal optimizations, right, we're going to go in what has no impressions, increase the bids. We do this as well. It is not a bad practice. What often happens, especially if you don't have any caps so we have caps, we're like, all right, we're never going to increase past x amount of dollars or whatever If you don't have any caps. Sometimes what happens is you're like you can end up with like $10 bids.
Elizabeth:
So what I would recommend doing go into your targeting tab. I would filter for everything with zero orders, or you could just leave it totally blank, sort by the bid what has the highest bid in your account and you might look at it and be like holy crap, I had no idea that was in there. And what you want to do is what we call a bid reset. So you're just looking at all this stuff and you're like, hey, it's not getting any impressions. Anyways, it's not going to hurt me if I lower my bids, but then at least I know when that traffic hits all of a sudden that random keyword that didn't have any search volume, that I had like $10 bid on. It's not going to like pop off and waste all of my ad budgets.
Elizabeth:
There's another filter that is really helpful to identify the irrelevant stuff. I'm not saying pause all these things. I'm saying use this filter to bring to the top everything that you're like how the heck did that get in there? Because it's super easy. When we're looking in our search term reports we're like, oh, this converted once. Let me go test it Again. Great practice. What happens is sometimes you get these random things in the account so easy for it to happen. So what you do is you go again. Targeting tab is going to be your friend here. You're going to want to filter for anything that has what is it? Zero clicks, zero, maybe once, two clicks.
Elizabeth:
We're looking for impressions. It has probably at least 1,000 impressions on it and you want to filter the click-through rate by anything that is lower than maybe a 0.2 or 0.15. So this says it's got a lot of impressions, it's not really doing anything in terms of sales volume and it's got really bad click-through rates. And then sort that by either your click-through rates highest or lowest to highest, or you can maybe start by impressions, highest to lowest. So what you're trying to do is what it has a bunch of eyeballs that nobody cares about and what you're doing is that brings up.
Elizabeth:
So a lot of people saw it. Not. A lot of people clicked on it, which oftentimes means irrelevant stuff, and because it's only got a couple clicks, there's not a lot of data, so it hasn't moved into our optimization sequences. So again, it's just a once over of the account. The first time you do this you'll probably be like what the heck, why is that there? And then, if you find that great pause, it put low bids on it, just kind of. Again, we're doing clean up. If you don't find anything that doesn't make sense for you, conkudos to. You're doing really, really good targeting. But either way, it's a really good thing to give it a once over before again traffic hits and things kind of go crazy.
Shivali Patel:
Now we do also have your keyword sale filter. Says 89 with low search volume, and another keyword has 20 keyword sales but a higher search volume. Is there one that you would kind of opt for? I know you said you don't typically look at the keyword sales Filter.
Elizabeth:
Yeah. So the two things I would look for is one I'm gonna say again, relevancy. I believe in it so strongly, I'm gonna say it again. And then the other thing that you would look at is, you know, the Helium sandwich. Again, another thing that I appreciate that you guys have added to the download keyword reports is the Recommended bits. Now, again, you guys are pulling them direct from the API, like Amazon does provide the recommended bits. However, as we all know, like if you go in you launch campaign, you like add different products, the recommended bids change, so their benchmarks don't take them as gospel, but they are really helpful to again kind of help you identify how competitive a particular keyword is over the other. So, like a budget's were concerned, you're like, well, you know, this one has like 20 sale, like the sales volume is pretty good, but like, wow, that one's Really competitive. I got to pay two dollars cost per click versus the other one where I'm like, well, I only have to pay like 50 cents cost per click. That probably would play into my decision.
Shivali Patel:
Okay, all right, there's. I know I said to, but let's just do this last one and then we'll. We'll call it. And so how do you structure your top keyword campaigns versus your complementary keywords? I know we briefly touched on this earlier.
Elizabeth:
Yeah, so I will cash with. So I saying I'm not a huge fan of doing everything as a single keyword campaign. I think it's way too overkill. You end up getting way more confused than you do in sight From doing it like that. That being said, if we do, I definitely have like a top keyword. We are going to put that in a single keyword, exact, match, specific campaign. The sort of it depends Questions and answers that I always give is the more the higher amount of Control I need over where I'm going to be directing my ad spend, the less keywords I want to have. Then more important it is for me to gain impressions on this keyword. For, again, for my campaign strategy, the less keywords I'm going to have. So if it is a top keyword, if it's my main ranking keyword, if it's super, super important to me, single keyword campaign right, because that's I need to control ad spend. I need a lot of impressions on this and super, super important versus another keyword set, right. Maybe I don't really have it. So the other, very other end of the spectrum is going to be like a whole bunch of a Campaign that actually works really well.
Elizabeth:
For us is single word meaning, like you know, cup bowl dish In broad match low bits. Do not put high-pits on these. Even if you have great ACoS, don't put high bits. Not a good idea. But we'll run these all the time. But what happens is because we cap our bids at, say, I think it's from 25 cents, maybe 30 cents, maybe in 15 cents. We never intend to grow our bids past that, right.
Elizabeth:
So how is it important for me to control ad spend at the campaign level? Not really because I'm controlling it at my bid level, right. How important is it for me to gain impressions? Not really because I'm expecting half of these keywords to not get impressions whatever. So I would be fine with putting, you know, say, 50, 100 keywords in that campaign, right, because for me it makes no sense to create 10 different campaigns that I have to like keep an eye on, versus just one important like oh yeah, that's that strategy and that's kind of like my background thing, right. So I would look at it through that lens again. How important is it for me to control spend at the campaign level? And then, how important is it for me to gain Impressions on these particular keywords? The more infatily you answer yes to those two questions, the less keywords you should have in that campaign. The more you don't really care about those two things, or they don't really matter as much then I would be okay with a lot more keywords.
Shivali Patel:
Alright, well, wonderful. Thank you so much, Elizabeth, for your time and your information, your knowledge. We appreciate it. I know a lot of people learned quite a bit. Sasha says thank you. We have sweat who says you know he was also waiting on those other questions that you were answering. That was very informative, so we do appreciate it so much. And yeah, that is it for today. You guys will catch you on the next TACoS Tuesday. Thank you!
Elizabeth:
Awesome! Thanks, I appreciate it. | |||
| #510 - Amazon Seller Success Stories, Flat File Strategies, and More! | 18 Nov 2023 | 00:40:13 | |
If you've ever wanted a peek into the world of Amazon selling, this episode is your golden ticket. We're joined by elite sellers and Amazon specialists, Christine Douheret and Sasha Zubatov, who share invaluable insights and strategies they've used to overcome challenges and achieve incredible success in the E-commerce space. With their unlikely backgrounds - Christine hailing from Hollywood with a degree in interior design and Sasha from New York with a computer science degree - they bring unique perspectives to the table. Our guests reveal their strategies, such as utilizing flat files and Helium 10 Elite training, that have helped them stay ahead of the curve. They divulge how their diligent manual research, constant learning, and strategic use of VAs have been instrumental to their success. Listen in as Christine recounts her staggering 300% sales growth in just a year, and Sasha shares her client's seven-figure sales accomplishment. We also delve into the not-so-pretty side of things, including having listings hijacked and the struggles of facing stiff competition. As we wind down our engaging chat, Sasha shares her take on Walmart's competition and the suitability of products across platforms, offering her top flat file strategy. We also discuss the potential risks and rewards of creating product variations. Christine, always ready to help, extends an invitation to listeners who may need assistance or have questions about their Amazon journey. We wrap up the episode with a look at possible future Amazon and Walmart meetups and the unique challenges these could present. However challenging, the future of e-commerce remains thrilling, and we're here to help you navigate it. Tune in and let Christine and Sasha's success stories inspire you to create your own journey to success.
In episode 510 of the Serious Sellers Podcast, Bradley, Christine, and Sasha discuss:
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Bradley Sutton:
Today we've got a couple of elite sellers and Amazon specialists who have come from completely different backgrounds but now have found success on Amazon, Walmart and what is even going to share his unique flat file strategies with us. How cool is that? Pretty cool. I think we know that getting to page one on keyword search results is one of the most important goals that an Amazon seller might have. So track your progress on the way to page one and even get historical keyword ranking information and even see sponsored ad rank placement with keyword tracker by Helium 10. For more information, go to h10.me/keywordtracker.
Bradley Sutton:
Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. We've got a couple elite sellers on with us from opposite sides of the coast here, if I'm not mistaken or I'm not. Let's find out. Actually, where are you guys actually from? Let's start with Christine. Where are you at right now? Where are you calling in from?
Christine:
I'm in San Diego California.
Bradley Sutton:
You're in San Diego, so forget it. You're local to me. I don't know why I thought you were on the east coast for some reason. Where in San Diego are you at?
Christine:
Carmel Mountain, Carmel Valley area.
Bradley Sutton:
Okay, about like 30 minutes away from me. You know towards what is it? Towards the stadium down there, right? No, not like about 10, 15 minutes, okay, cool, wow, you're almost my neighbor and Sasha, about the distance south of me, you're north, you're up in like Orange County, California, right?
Sasha:
Yeah, I'm within like half an hour of any local workshop you guys put on.
Bradley Sutton:
I love it. I love it. Now here's a funny story about Sasha, like one time our you know, one of our executives, Bojan, he in our private Slack channel he posted a picture and he's like sell and scale summit t-shirt spotted in the wild or something like that, and he had snapped the picture of somebody that he saw in the checkout line in his grocery store up in I don't know somewhere in the OC and I was like wait a minute, that looks amazing. I was like yes, it's Sasha right there. So you're famous inside of Helium 10. There for wearing a Helium 10. Swag out in the wild, love it.
Sasha:
From now on, every time I go to Costco, I put that on. All right, you never know when a Helium 10 employee might capture you, awesome, awesome.
Bradley Sutton:
Now, Christine, let's go to your origin story. Is San Diego where you were born and raised, or are you a transplant, or what?
Christine:
I was actually born and raised in Los Angeles. My parents were transplants. However. They came from Switzerland on the Queen Mary for their honeymoon, and so they landed in Los Angeles, and that's where I grew up.
Bradley Sutton:
The Queen Mary. That's now like in Long Beach, that one that you can actually.
Christine:
Wow, nice, that one 1955, that came over.
Bradley Sutton:
Awesome, awesome, Sasha. What about you?
Sasha:
I'm originally from Odessa, Ukraine, and so I speak Russian, and I wound up doing a lot of business with Russia, and that's what actually led up to Amazon eventually.
Bradley Sutton:
Okay now, how long have you been here in the States?
Sasha:
I grew up here. I grew up in New York in 1980s.
Bradley Sutton:
Okay, so you must have moved here when you were one or two years old, all right. So growing up in New York, you had emigrated over here. What was your aspirations? Were you just wanting to be a fireman or an astronaut, or what did you think you'd be when you grew up? Quote unquote.
Sasha:
I had very little choice. My dad was an engineer and my mom was an actress, and all my life isolated between the two. So jump back and forth.
Bradley Sutton:
What did you end up going to college for then.
Sasha:
I ended up going. I got my bachelor's in computer science initially, and then, when my business was doing well enough, I went into a theater program.
Bradley Sutton:
So you still made both of them happy after my goodness, the model son here, Love it. What about you, Christine? What did you think you'd be when you grew up?
Christine:
I always wanted to be an interior designer and actually that's what my degree is in. So I was an interior design when I lived in LA, in Hollywood, for a big firm and often did a lot of the studio sets with the studio designers and maybe did something for Sasha's mom or there, you never know. Actually Johnny Cochran's office, I did.
Bradley Sutton:
Oh, okay, all right, wow all right. So now you know what. How many years were you in that field, Christine?
Christine:
10 years.
Bradley Sutton:
10 years and then after that?
Christine:
Then I went into nurse recruiting.
Bradley Sutton:
Nurse recruiting.
Christine:
Well, yes, recruiting nurses for travel assignments. So a travel nurse assignments across the US in every hospital there's probably 20-30% of travel nurses, so that they can adjust their fluctuations in census, and so they bring in travel nurses when it's high census and reduce the travel nurse population when it's lower census.
Bradley Sutton:
I'm half Filipino. Is it true that, like 30% of nurses, are Filipinos?
Christine:
They do bring a lot of Filipinos over, yes.
Bradley Sutton:
Okay, all right, so you're moving Filipino nurses around all the country, and others as well, and then how long do you do that?
Christine:
Ten years, at least ten years.
Bradley Sutton:
Oh, so you stick with stuff. You start. I like that. All right, so well. There's 20 years of work, so you must have started working when you were three, four years old, yourself there, okay, and then after that, did you find e-commerce or what's next in your life?
Christine:
Yes, and I found e-commerce, so it brought together everything I've learned and I just wanted to be able to do something that I could do from anywhere in the world. Since my family is from Switzerland, as you know, since my parents immigrated, I like to go there frequently and I wanted to be able to do a business I could do from there, if I needed to be there for two, three months, or from anywhere in the world, and I found this.
Bradley Sutton:
So did you just like Google at the time? Do you remember like where you know things I can do on the road, or something like that? Do you remember what you searched for?
Christine:
No, no, I um. I always like to buy things on Amazon, and I knew that it was growing, that people would be buying online more frequently, and so I started searching how to do that, and I did several webinars and classes and seminars In fact, I did probably six months of education before I even jumped into selling to make sure it was something that I could do, that I had the skills for, that I had the money for and that I would be able to grow with. See, like in nursing nurses, they can grow, they keep growing in their careers, they do all kinds of different things, they advance, and I wanted something that I could also grow with, so I could become a bigger seller, I could expand selling to different regions, different countries, and so I found this fit the bill.
Bradley Sutton:
Awesome. What about you, Sasha? How does somebody who studies theater and engineering end up in e-commerce?
Sasha:
I went to Russia with a suitcase full of computer parts. That's how I started in business, and from then, on, I think one dollar Sounds very shady.
Bradley Sutton:
Well, I don't know how.
Sasha:
Listen, I mean nothing with. Russia is a white hat, let's put it this way. So yeah, and so that led eventually to doing a lot of exporting to Russia. I did everything from computer parts to software to eventually slot machines even, and mining equipment, so that kind of led naturally to.
Bradley Sutton:
Did you say slot machines and mining equipment? Amazingly, yes, never in the history of vocabulary has that, I don't think, been used in the same Both of those things? That's interesting. So you're basically exporting whatever and whatever they wanted there. Huh Okay.
Sasha:
So it really does depend on relationships there as well, just like here in the States, and so wherever you can find a competitive advantage, that's a good place to go, and so eventually, when that died down as a market and now essentially it's almost entirely out of reach, you look for other opportunities, and by that point I've already had a number of other businesses that I was involved with, and so I started Amazon on a dare with a friend of mine who really did not believe that we could do any sales on Amazon when his website was doing so well.
Sasha:
So I bet him that we could beat his website sales with Amazon sales, and that's how it was what year are we? Talking about this was just not too long ago, I think it was 2018,.
Bradley Sutton:
I think it was Okay so that's about five years ago. All right, and then, and did you make that bet without even knowing a lot about Amazon? Or at that point, had you done some studying and research into it, or something?
Sasha:
I knew very little about Amazon. I did not have any experience selling on Amazon or listing on Amazon, but just simply understanding the marketing and the size of the market and the demand there. It just seemed it was a bet I couldn't lose.
Bradley Sutton:
So yeah, okay, I took it, Christine. What about you? What year approximately was it that you made this leap into e-commerce?
Christine:
Well, I launched my first product at the end of 2019.
Bradley Sutton:
Okay, Around the same time and are you still selling that exact product today?
Christine:
No Can you tell us what it is, then well, there's still kitchen products, but Well, I am still selling the remainder of that particular Also, somebody is still active.
Bradley Sutton:
That's pretty impressive for your very Not many people are still selling, like four years later, their very first product. Usually, it's like they just get their feet wet and they're like, oh nope, this was the wrong choice, but that's pretty impressive. You still have some inventory left and still going on that yes. Now how did you learn to how to sell on Amazon?
Christine:
You know I did a course. I did a course, but I can't say that I really learned how to do it from that course. What I really learned was when I started believe it or not signed up for Helium 10, because they have so many of the courses, you know the get started courses. That's where I really Like I was already on the platform beginning the sales, but there is so much to learn.
Bradley Sutton:
So in Helium 10?
Christine:
I did all of the modules you know, from the first set to the second set. I mean literally everything and I would say that, and also being part of the elite meetings, that is where I really learned how to sell, so you joined elite even before you were that big of a seller. Yes.
Bradley Sutton:
And then that that was me, Like in 2016, 2017, I wasn't even a seller and I was like you know what I just want to, like be a fly on the wall in these trainings and learn, and that's how I like. I probably learned more in six months than I could have, you know, in like two or three years taking a course or something. So I took a very similar path as you, All right, so that's interesting. What about you, Sasha? Did you take a course too? Or you just like got just dove right in? Or how did you learn to do what you were doing in the first?
Sasha:
year or 18? It was all just manual work, digging into Amazon specs, so really digging in into the specifications of flat files and categories. And I actually started with there are not category listing reports, but with transaction reports. You know those reports that list every transaction and the challenge there is that Amazon doesn't give you a flat file there. It actually is grouped by different categories. It's very, very hard to figure out exactly what the expenses are, so it really makes you work to break it up and clean it up. And that took a lot of time to break up that file and eventually I made it so that every column would be would represent a single type of expense, so it'd be easy to run pivot tables on it and analyze it.
Bradley Sutton:
There goes your engineering background a little bit there. Now, where are you still selling the very first product that you started with?
Sasha:
No, and it's not because it wasn't selling well, it's just it became less of a product for the manufacturer. So I don't really sell my own products. I help partners that I have sell products in their accounts typically, and so it depends in a way what they're.
Bradley Sutton:
So that first one that you launched was that for your friend, who you made that with.
Sasha:
That's right, that was his products and businesses that have storefronts that are brick and mortar they have other channels, so they have other needs, other interests, so they might have distribution, they might have a retail store, and so Amazon website aren't always their first priority.
Bradley Sutton:
Yeah, that's another thing that one of you have in common with me is when I first started until I worked at Helium 10, I didn't have any of my own products 100%. I launched over 400 products before I started working at Helium 10. 100% was for other people partners or people who hired me. Just my mindset was like I'm good at what I do, I have a specific thing I'm doing and I like doing this where there's not risk, like I'm not risking my family's savings and it could totally fail, so I'm gonna get. I mean, it's not.
Bradley Sutton:
Of course, I always try to have success, but I didn't have to stay up at night knowing that I risk my second mortgage or something to do this product launch. Amazon could just close the account down back in those days. Now, if I had things to do over again, now that I know what I know, I would have probably gone ahead and launched on my own products. But in those days I was very happy just getting a paycheck and if they made a million dollars from my $1,000 work, great for them. But then if they lost money, it's like all right, sorry, not sorry. We did it. We did what we could.
Sasha:
I hear you. I hear you, but for me it's entirely different. I prefer to work with somebody else's product and do the marketing. In a way. For me it's sort of more customer facing for me. To figure out what it is they need, what their needs are, and make it work.
Bradley Sutton:
What's the biggest success story? Like some projects that you've worked on and now they've scaled up to X number of sales in a year or something like that. Anything stick out in your mind.
Sasha:
For me. There was a client that had not been on Amazon at all, but their products have for years and years. They're a large manufacturer of beauty products who sold through retail and distribution and when I took them on, they had hundreds and hundreds of listings that were not created by themselves but by other resellers that needed to be on Amazon. So in the end, when we eventually were able to capture that market share, those beauty products wound up being really large, really large numbers for them.
Bradley Sutton:
Hmm, well, how large we're talking. Well, we're talking about seven figures. I like it all. Right, excellent. Now going back to you, Christine, like you've been selling now for like three years or four years, which year was your peak in sales and approximately how much was it?
Christine:
I would say this year is the peak in sales. So this year's increased like 300% over last year.
Bradley Sutton:
Wow.
Christine:
An increase, and well, we're in the high six figures at this point.
Bradley Sutton:
Excellent, so this is your full income now.
Christine:
Yes.
Bradley Sutton:
And do you have employees, or are you doing this all on your own?
Christine:
Oh no, I couldn't possibly do it all on my own. Now I have a VA who does all of the reporting and all of the things like that for me, and of course I have a team. I've got the photographer, videographer, social media.
Bradley Sutton:
So that's in-house, or you just like have somebody on retainer or something.
Christine:
I just contract out as I need it yeah.
Bradley Sutton:
Awesome, awesome. Now, what's been your biggest L, your biggest loss, still with you, Christine, like the worst thing that's happened to you since you started selling on Amazon, because that's something that I like to keep it real. Amazon is not all rainbows and unicorns Listings gets shut down, you get hijacked and bad experience with customer service. Let's keep it real here. Let's be vulnerable. What's your biggest loss you've taken, or worst thing?
Christine:
Well, I had a. It's a product I still sell, so it was actually selling very, very well and it was like top you know top numbers and a new person had designed a similar product and so they came in and cited us as patent infringement. Amazon pulled all the listings down, which, of course, stopped the sales immediately. Now we had authorization to sell, we had a patent, we had everything, and I contacted Amazon with I mean right away and sent that document, sent it to the person that claimed the IP, and it still took over two and a half weeks to bring the listings back up. Of course, by then sales were lost. It had to sort of rebuild its rank and everything, and this person did it which I've learned since in order to launch his product right.
Bradley Sutton:
So he wanted to clear the way so that he was the only kind of player in the chain.
Christine:
Exactly, and so that's my first time really realizing the tricks that people play just to get ahead and that was disappointing. It was sad I lost money, but you know what? I wasn't going to let him win, so I just worked hard to get those sales back.
Bradley Sutton:
I love it. Now let's flip the script. What's the coolest thing that's ever happened? You like something unexpected or something amazing where you went viral, one of your products you sold out of inventory in two weeks or you made ridiculous profit on something. What's one of the coolest things that's happened to you?
Christine:
Well, yeah, I have sold out of inventory, but I've learned now to keep that in stock in backup. But actually this last prime day was probably one of the most exciting for me because I sold over a thousand units on that day For me that was A thousand units in one day, wow. Yeah, for me that was big, that was a big, exciting moment.
Bradley Sutton:
How many SKUs?
Christine:
In that particular product line there were five SKUs.
Bradley Sutton:
Wow. So how many units did you have in stock to cover that? That's a huge day.
Christine:
Well, here's what happened is I did run out, but I have a backup over at Deliver. So when it ran out it pulled from Deliver and gave me enough time to get more in. So I had, thank goodness, in the backup warehouse. I had a whole another thousand units ready to ship. And was able to send them in immediately as Deliver was fulfilling the overflow orders.
Bradley Sutton:
What would you say is the reason you did so well on Prime Day? Did you have some kind of, you know, Prime Exclusive Discount? Did you have a coupon? Did you send some outside traffic? Is there one thing that resulted in that crazy sales day?
Christine:
Well, I did a Prime Exclusive Discount. I also, prior to that, made sure all my ads were prepped and primed and that I made sure that the listing was 100% perfect and the pictures were perfect all before that Prime Day. So I guess I was just prepared.
Bradley Sutton:
I like it, Sasha. What about you? You know, sometimes, working with multiple accounts, you get exposed to even more things than the average. You know, seller, what's the worst thing? It doesn't have to be from you, but just like you were part of an account and you heard that something crazy happened. What's?
Sasha:
on Amazon. I think the most heartbreaking thing is when listings become hijacked. I mean, I've seen policy violations on Amazon and all sorts of difficulties that we have working with Amazon, but when listings get hijacked, that's just. I think. To me that's the toughest part.
Bradley Sutton:
And so what was one of the worst? Like somebody who had like, was there any? That was like they were selling 100 a day and it went to zero because of it, or something crazy like that.
Sasha:
They've got an entire product line with something that competitors were able to put Covid-related keywords in there somehow During the time when Covid items were hot and Amazon was blocking sellers, and so their entire list product line was shut down.
Bradley Sutton:
Yeah, all right. Well, let's not be doom and gloom. Christine talked about her. Great, you know, 1000 sale prime day. What about you? What's a crazy, amazing thing that's, like you know, can't happen, probably in the rain or it's very. It would be very impossible or very difficult for it to happen off of Amazon, but you've seen it happen on Amazon.
Sasha:
Gosh, I have to think about that, but the thing that comes to mind that the most satisfying thing that I had experienced was when I finally figured out how to put attributes up on Amazon that they don't give you in the category listing report. There are, for some, certain categories, like in the, for example, a grocery category that I work with a lot. When I was finally able to put up the nutrition table to get all the nutrition values up for products when it's not it's not regularly available in your category listing report, that was probably the most satisfying experience.
Bradley Sutton:
Where is that show on the list? Or does it show on the listing, or is this is only? We're talking about the back end here.
Sasha:
So it shows on the listing right above the bullet points. It's in that prime space below the title and right above the bullet points it'll show like nutrition information. It'll show ingredients and it will show the nutrition table that you usually see on products in the grocery store.
Bradley Sutton:
But for most products you don't actually get those attributes even if you download the flat file that you would, you know like it's not going to. It's not going to show up there.
Sasha:
It's not going to show up, even though it should.
Bradley Sutton:
So how do you do it? Do you like copy it from another category listing report that it does show up and then just paste those columns or something? Well, at this point, at this point.
Sasha:
You could probably find it. You could probably find it in some other category. I had to search for those attributes throughout the internet. I found them eventually in a European Amazon catalog. So I had to scrape them off of there and that's how I populated those columns. It didn't exist anywhere. My suspicion and I don't know this for sure, my suspicion is that they were available for products that were sold through Amazon Fresh. You know Amazon Fresh that product line, and so if you were in stores at Amazon Fresh, you had access to those fields, but not if you were in seller central, and so that was a bit of a hack.
Bradley Sutton:
All right, we're going to come back to you because I know your specialty is like flat files and stuff like that. So we're going to be getting lots of strategies. But going back to Christine, let's talk some strategy. Not anybody can have a thousand sale prime day. Not anybody can scale up on their own to high six figures. So what are some things that you think you're doing that is unique or that you're focusing on? Maybe it's not so unique, but it's like you put a big focus on it and you feel that that's part of the secret to your success.
Christine:
Well, I have these master files on literally everything that's required. So I think being organized and having all the information in one place is really important for me. For example I have, since I'm on both Amazon and Walmart I have like a spreadsheet that's got you know the UPC, the ASIN, the titles, the bullets, I mean literally everything on it that I can then, you know, adjust before fixing a listing, and I can refer to that sheet at any time I need to when I'm doing something else in Amazon, and also the same with Walmart. They have different IDs, different things, and this sheet goes as far as it has dimensions of the products and the pricing of the products.
Bradley Sutton:
Now, guys, I don't know if you picked up on this, but something I like to tell people is, no matter what career you come from, there's things that you can take from your previous life and apply to Amazon. You know if you guys picked up. You know Sasha used to be, you know computer science and engineer and stuff, and now he's got this analytical mind and now he just happens to be an expert on you know Excel and flat files and stuff. And listen, Christine, you know being an interior designer. You know she couldn't just like throw stuff together. You know like she probably had.
Bradley Sutton:
You know this system where she would really plan out her sets and very detailed, and now she's taken that and applied it to the way she manages her interior, designing her Amazon catalog, so you can always take stuff from and then play. You know, plus, sasha, you know being a service provider too. You know he's taking his acting lessons. He's very well spoken and eloquent there and very good looking too, so he's using whatever he can do right there. Sasha, back to you Another, maybe a flat file strategy that you can share with the community.
Sasha:
So with flat files, I think it's important to know that the category listing report is not necessarily what's live on the product page, and that's a major misconception that people have is that when they receive the category listing report, when they download it, they think that that accurately reflects what's up on the system, and it's not the way I would. The way I think about the CLR is that it is just a suggestion. It's what you've uploaded to Amazon and then Amazon makes a decision about whether they will accept that recommendation and update the data in the system or not. Conversely, the file itself, the category listing report or the category template, that is also Amazon's suggestion to you, what you can upload to the, to the cloud, and you don't necessarily have to follow that recommendation.
Sasha:
That's why there are a lot of ways to hack the file, the Excel file that comes down from from Amazon, and so one of the first things that you do if you do have a conflict, if you have an issue, you may take a look at what's in your category listing report and then compare it to the, to the UI, to the data fields that you see in your seller central when you click the edit button and take a look at the shaded text and numbers that are right above the field, which shows you what's what's on the cloud live, and very often you'll find that what you've uploaded is not exactly the same as what's on that now, and that could be things like title, it could be bullet points, clearly, product ideas and other other fields that Amazon doesn't think that you have the right to update or you have the priority to update. So that's one check that I would do once in a while to make sure that what you think is being uploaded is actually getting up there.
Bradley Sutton:
Okay, is it? I mean, I know this was the case years ago, but you know what would happen and how some people would get their listings, you know, shut down. Is you know, like, like, like COVID type keywords, but any adult keywords, drug related keywords, they would go to a marketplace where that seller wasn't in and where there's open spots in their flat file sometimes they would get to, you know, throw some of those keywords in there and then it would stop it. And then you know what was you know one way years ago of how to stop that is like hey, hey, you know, make sure everything in your flat files are filled out and even upload it to different marketplaces. Is that? Can that still help? Or what is the latest protection on how you can stop people from abusing the flat file system? Where, where they can get your listing, you know, shut down?
Sasha:
That is absolutely the right thing to do is fill out the category list and report with all the fields that are relevant to your product, and there's a couple that that are sort of not part of your product listing unless you're in the adult category that you should also update. But that is the good recommendation to update as much as you can that is relevant to your product, because bad actors can update your listings by doing that in other marketplaces or by virtue of having access to higher level of Amazon account, for example, they can do it through vendor central right. So that is that is a good recommendation. It is getting harder for people to to hijack casually because Amazon is making it more difficult for people to create and modify listings for that are owned by brand registry. But they they could still do it, and so I would.
Sasha:
I would say don't go overboard and try to complete every single empty field in your listing report, because you really cannot do that. There are many more fields that are related to your product. Then you can actually see when you download your category listing report. So you can't really even contemplate completing every possible field, but you should fill out those fields that are relevant. You should fill out those fields that have to do with compliance has met and so on, and you should fill out the field that has to do with is is this an adult product? To make sure that those don't get in there. Aside from that, you could you could still have bad actors put bad, bad keywords in your product. They'll get you shut down so that yeah, that's that hijacking process still exists out there.
Bradley Sutton:
Okay, I'm just curious what's your ratio of sales from Amazon to Walmart? Five to one, 10 to one. Amazon more, Would you say it?
Christine:
for me it's. Let's see, last year it was like Five to one, this year it's more like eight to one on one.
Bradley Sutton:
It changed so eight to eight. For every eight dollars you sell on Amazon, you sell one dollar on Walmart.
Christine:
Yes.
Bradley Sutton:
Okay, are you using WFS?
Christine:
Yes.
Bradley Sutton:
Okay, how's your profit margins? You know like after, if you know calculate out what you're you know selling or you know doing for PPC, etc. Is the profit margins similar or you making more money than one platform, than the other?
Christine:
Well, last year I made more I mean profit margin was better on Walmart. This year the advertising Something's a skew there. So the profit margins not as good On Walmart as it was last year and I'm hoping they fix that and that goes back up. But typically because Walmart doesn't charge as much for delivery, they do still charge the 15%. They don't charge as much delivery. There is room for a better profit margin on Walmart.
Bradley Sutton:
Okay, interesting, interesting. Do you find that there's less competition for your niche on Walmart compared to Amazon? Are you fighting more competitors on Amazon or is similar to the same ones? You who are there on Amazon are also there on the Walmart.
Christine:
I think it's less competition. It's less competition, but it's harder to rank up for some reason. But you know, it's a unique client. Each platform has its set of unique clients, right and certain products. Like I, have five different products With many, many skews. So one product does very, very well on Walmart and Not so well on Amazon.
Bradley Sutton:
So you're doing better on Walmart than you are on Amazon for one product.
Christine:
Yes, yes.
Bradley Sutton:
Yeah, I know Kerry's got one or two like that too interesting.
Christine:
Yeah, and where the other products do better on Amazon. It's interesting. So I I come to where I'm picking out different products for the different platforms.
Bradley Sutton:
Could you have predicted that, like you know, when you were looking in helium 10 at the search volume or the competitors, like could you have said you know what I think this might be, or it did it just happen, and then now, in retrospect, you know what to look for as far as science about what could be better on Walmart than Amazon?
Christine:
I think it just happened. But yes, now in retrospect I can look a little bit more, I have a bit more information about what to look for and you know, price is a key it's just a key thing on Walmart. So having good price products so if you have a product that's a little bit higher priced For me I'm putting it on Amazon it just doesn't move as well on Walmart. In my category I'm talking about kitchen now in another category it might work just fine, but in my category the lower priced products that appear to have the best value for the price let's put it that way Move better on Walmart. And yes, now I'm picking out things that fit that category.
Bradley Sutton:
Sasha you doing anything at all with Walmart, or everything that you do is all on Amazon.
Sasha:
I help with Walmart as well, but it really varies by client. There are certain products that don't do well on Walmart at all because they are on Walmart shelves and so if it's a, if it's a product that can be purchased from Walmart, in the store and Amazon and Walmart will ship it at their Walmart price, it's very difficult to compete with an Amazon price that includes FBA fees. So it it's really kind of all over the board where some products do Better on Walmart when there's no competitors and there's some products that really don't even have opportunity to compete.
Bradley Sutton:
Okay, and what's your last strategy for us? If I were to ask you for your 60 second, your 60 second strategy of the of the day for you? I mean, I said flat files because that's your specialty, but it could be about anything.
Sasha:
I'll stick with flat files. My top recommendation would be to create variations. Create them often and Don't wait until it's too late. You're your ASINs, your, your product listings are your assets on Amazon and they're constantly at risk. They could be taken down for multiple reasons, and so when your product reaches a level of maturity, when you have Thousands of reviews and is doing very well, create a variation, even if you don't think you need one. Create something with small, small modification. Pair it up with your best seller and let that new product gather reviews and that new product becomes a new asset and Then, once are doing well, you have the option of splitting it off from your main parent and take up Amazon real estate. So that's one of the top strategies I use with clients is I create variations with, with new products cool, cool.
Bradley Sutton:
Now. If people wanted to reach out to you, Sasha, to see if you know to contact you and ask for your you know Russian escapades, or perhaps talk about you know flat files or whatever, how can they find you on the interwebs out there?
Sasha:
If, if they want, if you want to have, they want to have that beer, I'll tell them the local bar. But if they want to talk about Amazon I'm usually on the Friday calls at 11 o'clock that those are always great case studies, so I'm usually. They are also in the Helium 10 elite Facebook group and of course it. If you want to reach out directly, my email is at amazon@cutterstone.com. Cutterstone spell, just like it sounds.
Bradley Sutton:
Cool now, Christine, you know, no pressure, you don't have to say your contact information, but if somebody was inspired by something you said and they wanted to reach out to you, dude, would you like anybody to reach out?
Christine:
Yeah, I'm happy to help. I mean, so many people help me along the way I want to do the same, so I'm happy to help, and my email would be christioinfo@gmail.com.
Bradley Sutton:
Awesome, all right. Well, you too it's. It's a great, you know, been having you and you know weekly calls and seeing you at the elite events. And Next one, probably neither of you can make it to because I'm doing it, we're probably doing it in Germany, so that'll be a bit of a bit of a drive for you guys who are used to being here in Southern California, but perhaps I'll see you at the next, you know, like online meetup or Next conference. You know be great to see you again.
Christine:
Thank you.
Bradley Sutton:
Great to be here. | |||
| Helium 10 Buzz 11/16/23: Amazon On Snapchat & Instagram | Buy With Prime Benefits | M.Y.E. Update | 16 Nov 2023 | 00:25:02 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Snapchat users can now buy Amazon products without leaving the app https://edition.cnn.com/2023/11/15/tech/snapchat-users-shop-amazon-products/index.html Meta lets Amazon shoppers buy products on Facebook and Instagram without leaving the apps https://www.cnbc.com/2023/11/09/meta-lets-amazon-users-buy-on-facebook-instagram-without-leaving-apps.html How Shein and TikTok Shop are trying to shake the ‘Made in China’ reputation https://restofworld.org/2023/china-shopping-shein-tiktok-shop-global-sellers/ 3 new shopping benefits Prime members get when using Amazon’s Buy with Prime https://www.aboutamazon.com/news/retail/buy-with-prime-new-shopping-benefits-2023 Advertisers Are Investing in TikTok Shops Despite Mostly Tepid Results https://www.adweek.com/social-marketing/advertisers-are-investing-in-tiktok-shops-despite-mostly-tepid-results/ Walgreens Shifts eCommerce Fulfillment From Warehouses to Retail Stores https://www.pymnts.com/news/ecommerce/2023/walgreens-shifts-ecommerce-fulfillment-from-warehouses-to-retail-stores/ Join the Helium 10 Weekly Buzz newsletter on LinkedIn. We break down all the week's news in the Amazon, Walmart, and E-Commerce World, New Feature Alerts, and Training Tips! But that's not all, we're also diving into Amazon PPC and keyword research techniques. With new updates and features to Helium 10’s Amazon PPC tool, Adtomic, we discuss how you can sharpen your spending strategy and optimize it. Our special training tip from Shivali will guide you on how to mine long-tail keywords from a root keyword or phrase to boost conversions. So, strap in and stay tuned for a session packed with valuable news, tips, and insights! In this episode of the Weekly Buzz by Helium 10, Bradley covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Customers will soon be able to buy Amazon products without leaving the app Snapchat, Facebook and Instagram. Buy with Prime launches, more benefits for dot com sellers. There's now new kinds of split testing that you can do in manager experiments. These new stories and more on today's Weekly Buzz how cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is the Helium 10 Weekly Buzz, where we give you a rundown on all the news stories that's going on in the Amazon and Walmart and e-commerce world. We also give you the new Helium 10 features of the week as well as a training tip of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing. We've got tons and tons of really exciting news stories today. sometimes it's a little bit dull out there. You're trying to scrape the bottom of the barrel. Sometimes it seems that I'm trying to like find news stories, but this week we got a few bangers out there, so let's go ahead and hop right into it
Bradley Sutton:
Now. The first story is actually from CNN and this is entitled. Snapchat users can now buy Amazon products without leaving the app. Now, this I thought was an interesting story. It's going to be followed up by another story that was actually announced last week, but according to CNN here it says Amazon will now run shopping ads for select products on popular photo messaging apps, snapchat, and Amazon spokesperson confirmed to CNN Now. This spokesperson said that for the first time, customers will be able to shop Amazon Snapchat ads and check out with Amazon without leaving the app. All right, so. So that means like a lot of these social media apps, the last thing that they want you to do is leave the app. So there's been a lot of reluctant sometimes for links that just take them out, because what are these social media apps want? They just want you to just stay. Stay in the app, right like you see the moves that TikTok shop is making, they don't want you to have to go to Amazon, they want you to just buy right there in TikTok shop. like a lot of these apps make it difficult to go outside of the social media app because they just want you consuming the content there and consuming the ads, et cetera. So this is actually interesting. On Snapchat, you don't even have to leave the app to purchase Amazon products anymore. Now it says in app, shopping with Amazon is available for select products advertise on Snapchat and sold by Amazon or by independent sellers in Amazon store. So this is not just like a shipped and sold by Amazon. This, these are products that are you, you sellers out there are going to be able to sell. Now the bottom of this article says this Snapchat news comes on the heels of a similar Amazon initiative announced with Meta's Facebook and Instagram platforms last week.
Bradley Sutton:
So that's actually our second news article of the day, and it's by CNBC, and this was from last week, in case you missed it out. There this was entitled meta lets Amazon shoppers buy products on Facebook and Instagram again, what's the key? Without leaving the apps, all right. So meta debuted this feature that lets users connect their Facebook and Instagram accounts to Amazon so they can more easily buy goods, promote them their feeds. Now it wasn't clear. If Snapchat is doing the same thing, I mean you'd almost have to. If you're not leaving Snapchat, that means that your Amazon account must be linked inside of Snapchat in a way. Now, this is just like super, super interesting to me because TikTok shop, as we know, has been making all of the waves lately and and this could be like Amazon answer to social commerce, as it's called, and like hey, maybe they see, like hey, this is the future. people are browsing social media and you want to kind of capture them while they're browsing, and at the same time, make these apps happy by not taking them to the Amazon app.
Bradley Sutton:
Now, the Amazon spokesperson said to CNBC said customers in the U? S will see real time pricing, prime eligibility, delivery estimates and product details on select Amazon products ads in Facebook and Instagram as part of the new experience. So it's not just oh, there's going to be like a little button over here where it says, yeah, go ahead and buy with prime or buy this on Amazon. It sounds like like the buy box experience almost on Amazon where you can see all these details about when it's Going to get there. So, like this, this is, I don't know, I don't want to say like as flown under the radar a little bit. this is already like a week old. I'm reaching out to a lot of my contacts at Amazon to try and get some more details on what this is gonna entail, but I think this could be depending on how it's rolled out could be huge for third-party sellers to be able to advertise Directly on some apps and, especially, depending on the kind of flexibility we're gonna get for targeting so it could be something super, super cool and, again, like just more and more opportunity for e-commerce sellers out there now with this kind of like new Thing of social commerce. be it tick tock shop, be it snapchat, now Instagram, Facebook Really exciting times to be an e-commerce seller.
Bradley Sutton:
Speaking of e-commerce sellers, the next article is from restofworld.org and it's entitled how Shein and tick tock shop are trying to shake the maid in China Reputation alright, so it's talking about how these platforms are looking for global sellers and it gives a couple of examples. Like it talked about somebody who was in Latin America who was selling on the platform there that we all know, is one of the top ones in Latin America, which is mecca libre, and she was, she was doing, like $15,000 of revenue and she actually said that. like, when I first started considering Amazon, the process was confusing. There's too many documents required. The process to become a seller was very long, she said. But then this year in January Shein I hope I'm pronouncing that right, I don't even know Shein, but anyways Shein Contacted her and I was like, hey, would you like to sell on our platform? And there was actually Mexico based advisors that she could reach out to and they helped her set up the account, so that what she had said was difficult on Amazon, wasn't on Shein, and she's already sold $16,000 worth of goods on Shein's marketplace since it launched in Mexico this this past June and it's already surpassed Her medical Libre sales that she's been selling on for years now.
Bradley Sutton:
in the past for those who don't know much and including myself, I don't really know much about Shein never bought one thing on it, but Before it was almost all like. China, Chinese sellers on there and made in China products, but then last year they opened up distribution facilities in Poland, us and Canada this this article says and it's also opened up factories in Brazil and Turkey and also one coming in India. Now this article says, they're trying to compete with Amazon and that's why they're trying to build their fulfillment network and also open up to international third-party sellers. Now go ahead and check a link in the description, for the rest of this article is actually a super long article, but interesting. I really don't think she is like a big threat or anything to Amazon. I'm I think the reputation of the products and service is kind of low right now. But it's something to look out for and I'm curious. Shein reached out to this seller To sell on Amazon. What about any of you guys watching this? Have any of you been reached out to by Shein and Temu and TikTok shop to sell on the platform? Let me know in the comments below.
Bradley Sutton:
Next article is a press release from Amazon and it's entitled three new shopping benefits prime members get when using Amazons buy with prime. So buy with prime, was announced earlier. We actually talked about it on the show where you can take like the Amazon Prime experience and kind of put it on Dotcom websites. All right, so until now you could see, like reviews and things and things like that. You can have the buying, literally buying with prime, right, you get the same day or one day or two day delivery. But now Amazon is announcing three more updates to this program.
Bradley Sutton:
This article says that this holiday season, prime member benefits now will include 24 seven customer service through a live chat feature. Again, this is for buy with prime obviously this has always existed for just regular Amazon. But now if somebody's shopping on a Shopify website and that Shopify sellers using buy with prime, these are the benefits that the customer is going to be able to get. So, again, 24 seven chat, live chat for customer service. Another main benefit is that you're gonna be able to see all of your orders in one place. So let's say, today I buy something from my Amazon app right. Tomorrow I buy something from the Amazon website. Day after tomorrow I go to dot a dot com website that's using Buy with Prime. I buy something there, I can go in my Amazon app and I'm going to see all of those orders in the same place. So that's something that's new that you know. Now is another benefit again, 24 seven live Support. you can see here in the screenshot what that is going to look like.
Bradley Sutton:
And then the returns. Amazon's already kind of pretty easy to have returns, but now by with prime can go through the same return process Even though they're buying from a dot com website. Now it says customers are gonna be able to choose from an expanded number of convenient drop-off locations at UPS stores, whole food markets or Amazon fresh stores, without boxing up or labeling Items. All they have to do is show a QR code and hand over the item being returned. All right, remember this is something bought from a dot com website. And now by with prime, members are gonna get all these kind of like regular Amazon prime Benefits. I'm just curious how about you guys out there Anybody start by with prime? Does any of what I just mentioned here make you more inclined to perhaps do buy with prime? If you've got a dot com website, let me know in the comments below.
Bradley Sutton:
Next article is from ad week calm and it's entitled Advertisers are investing in tick-tock shops despite mostly tepid results. And this is interesting to me because the title says, oh, mostly tepid results. But then the article goes on to just like give example after example of people, kind of like crush it on the platform. So the article to me didn't really match the, the, the headline here. But it says hey, there's mostly lackluster results in tick-tock shop. It says like, that's not what I'm that's not what I'm hearing. But then in the next paragraph it says hey, cosmetics brand beat BK beauty Join tick-tock shop. When it opened up three months ago, barely ab, barely spent anything on advertising and since joining the company has more than doubled revenue. Don't you see how, like why I'm confused with all this negative talk. Like in the title, in the first paragraph. The next Paragraph says oh yeah, somebody has spent digital, a single digits advertising and now they've doubled their revenue.
Bradley Sutton:
The article talks about how the platform is offering incentives such as ad credits, customer coupons, they're covering fulfillment charges, offering tons of promotions to gear up for Black Friday. I've talked about how helium-ton elite members like Elizabeth have been really absolutely just crushing it on that platform. In this article another story they give they say hey, mental health focus journal company, Zenful note, has generated 45%, pretty much half of their sales from tick-tock shop in just two months. So again, I don't know why they're kind of dissuading people from TikTok shop but at the same time talking about how people are just crushing it on there. But it's going to be interesting to see how this work. how this goes because, like I, really have high hopes for TikTok shop. It seems like they're doing the right things and it's not just taking like a whole bunch of random products from manufacturers in China that they're shipping snail mail. that takes three day or three days, so three weeks or something to deliver, like Shein or Temu. I mean, this is just like regular, kind of like Amazon level of product. So I really think that's next year that is going to be the platform that a lot of sellers are going to want to expand to.
Bradley Sutton:
Next article is from payments.com and this is entitled Walgreens Shifts Ecommerce Fulfillment from Warehouses to Retail Stores, and it talks about how they're, instead of fulfilling their dot com orders from their Walgreens warehouses, they're trying to do it at its 8,700 stores. They had this quote that says 78% of Americans live within five miles of a Walgreens. How about you guys listening out there? You probably have a Walgreens pretty, pretty close to you, but 78% are near there. So this maybe doesn't necessarily affect third party sellers too much, because this is. Walgreens mainly sells a lot of their own products.
Bradley Sutton:
But this is what I've always tried to talk to you guys, especially when I talk about Walmart and other places. We think too much only about selling online. If you can get and brick and mortar, it can be very lucrative. I've talked about when I worked at another company and they would sell in Walmart the kind of PO's that would cross my desk where one PO was like way more than what our entire year of Amazon sales were and we were in seven figures of Amazon sales and that would be like one PO from Walmart's because of how many Walmarts there are. We had accounts at that same company. I worked at Walgreens and it was still a big business and you don't have to worry about. a lot of advertising and customer service and all this stuff.
Bradley Sutton:
So like, when you are building your brand, absolutely start on Amazon, start on TikTok shop, but be thinking bigger picture, like, like, really create a brand and great packaging and things like that. Because now, if you start crushing on Amazon, you're going to get on the radar of buyers and at some of these places potentially, and maybe you can get your product in a Walgreens or a Walmart. And then this kind of move that Walgreens is doing is like pretty cool. Like imagine if you were making some kind of supplement, right, and you got it into Walgreens, brick and mortar. Now your online sales for Walmart, or Walgreens.com would also be pretty high because the fulfillment process potentially could have even same day delivery. Walgreens is saying that they're going to use, like Uber, eats and DoorDash drivers to deliver their stuff. But anyways, just something to keep in mind, guys, don't just confine yourself to thinking that you're only going to sell on online marketplaces. Getting into brick and mortar can be very lucrative.
Bradley Sutton:
The next article is not really an article at all, but it's something that is in your manager experiments dashboard. So if you go to manager experiments, that's Amazon's kind of like split testing tool. It's always been free on live listings and you've been able to do stuff like test your, your main image and things like that, but now you can actually start testing your A plus brand story and also you can do simultaneous experiments to where you, where you test two separate things, all right. So this is something newish that maybe some of you didn't know about is available. I still recommend Always doing your split testing and audience kind of like polling before you even have your listing. You can do that with Helium 10 Audience. It's just right there in your Helium 10, dashboard. It's also available. it's made by a PickFu and I've been using that for six years now and that's like a game changer. But if you didn't do it before you launch and you're having trouble, absolutely you can use manager experiments on your live listing.
Bradley Sutton:
Last article of the day is just kind of a funny one I wanted to throw in here because it kind of has to do with Amazon. But it's kind of crazy what we're going to. And this is CNBC and it says Amazon's Astro Robot is now a roving security guard for business. I mean, guys, we are literally going into the Terminator world. Amazon is selling this robot for $2,300 and it's for businesses and it's like a security guard. it's on wheels but it like roams your store during the day, make sure people are not stealing it roams it. During the night, when you, when you leave your place of business. But amazon is more than just a marketplace. They're like at the forefront of a lot of different technologies. And now there's robot security guards. Guys, in 2023, 2024, what is this world coming to? Ai robots, what is next? All right, that's it for the news this week.
Bradley Sutton:
One thing I wanted you guys to know about was if you like to get the news and maybe you're not always about watching a video, you just want to watch it or read about the news. I have a brand new newsletter that covers in depth A lot of these news articles. We're talking about a lot of the things that we discuss in this show. So if you would like that, just email to you from LinkedIn and you have LinkedIn super easy, one click to subscribe to it completely free. Go to h10.me forward slash newsletter. H10.me forward slash newsletter takes your LinkedIn website and then just hit subscribe and you'll get notified every time if there's a new article.
Bradley Sutton:
All right, now let's get into the New Helium 10 Feature Alerts of the week. every week, Helium 10 has is releasing new tools, new filters, new features, new functionality that you guys have been asking for, and so here's a rundown of what is cooking for this week, the first one that I'm going to talk about actually, all of these are an Adtomic, our PPC management tool, and the first one is about day parting. All right, so in the past, you could select certain campaigns and then in helium, you can look at the data that Helium 10 provides and see that, wow, my, my, a cost is like infinity. It's like terrible Saturdays from 7am to 9am. So what I'm going to pause my campaign every Saturday at that time so I can save some money, right, but that's just kind of like partially.
Bradley Sutton:
Why people like day parting. a lot of people might want to increase their bid. Like maybe on Sunday mornings a cost is like 6% on a certain campaign or a group of campaigns. Well you might want to increase your, your, your bid at that time. Other times, maybe you don't want to pause the whole campaign, but maybe you want to decrease your bids. Well, now you're going to be able to do that if you go to your day parting schedules section and you go to the bottom here where you can create the rules. You can just select which day you want to choose the time period that you're wanting to do. Like, let's say, I pick Mondays from 3am to 7am and now I can do increase bid, I can decrease the bid or pause the campaign, and I can do this at the campaign level or at the portfolio level or even at the product level. So, super cool update from Adtomic. That way really allows you to kind of like laser focus your spend and optimize it based on the previous performance, but on time of day and day of the week.
Bradley Sutton:
Now, another quick filter that is new in Adtomic. we have our AI bidding suggestions and that's like based on the algorithms that you, that you choose. I'm going to talk about a New update to the algorithms too, but like, for example, I've got a whole bunch of AI suggestions here about how, what I need to do to my targets as far as on the bidding in order to reach my goal, right, and so we have a couple new filters where I maybe I just want to see hey, show me all of the suggestions, the AI suggestions, where it's asking me to increase the bid or decrease the bid All right. So that's a new filter that you're now going to be able to see on your suggestions page. The last update or feature alert for the day is the ability now, on auto campaigns, to choose a bid rule. All right. So a bid rule is kind of like.
Bradley Sutton:
maybe you're trying to hit a certain kind of target ACoS. Maybe you want to use our algorithm that maximizes the number of impressions. Maybe you want to maximize the number of orders. Maybe you want to use one of your custom bid algorithms, all right. So before for auto campaigns, you weren't able to set these, but now for the auto campaigns, you can go ahead and choose one of our algorithms or one of your own and go ahead and activate it right there. So I highly suggest everybody go ahead and do that if you're using Adtomic. Last up, we've got Shivali here for our training tip of the week and it has to do with a keyword research technique, a very, very simple way that, within seconds, you can get tons of keyword ideas based on you entering a keyword into our tool, Magnet, Shivali. Take it away.
Shivali:
How to find long tail keywords from a root keyword or phrase. Why is this important and how can you use it to make money? Well, as an Amazon FBA seller, of course you're interested in ranking on the top half of page one for your main keywords as well as your supplementary keywords. But how exactly can you lead to even more conversions? Well, of course you want to get in front of a audience that is ready to purchase, and the best way to identify that is by taking a look at your long tail keywords. What exactly do I mean by that? Well, these are those keywords that have maybe two, three, four, five additional words in the actual search term. And by taking a look at those search terms, right, you're starting to take a look at those people who are ready to purchase their warmer leads. They know what they're looking for, and that means that they are ready to buy so long as you can convey exactly what it is that you are selling and it matches what they have on their mind.
Shivali:
So let's go ahead and take a look at Magnet. I'm going to show you a filter you can use, and that is simply this word count filter right here inside of Magnet, that you can use to input a minimum or maximum and narrow down your search results. So I went ahead and inputted coffin shelf as our main seed keyword and clicked get keywords. We were outputted 3,204 filtered keywords in results. And then I want to narrow that down further by finding those really excited consumers. I'm going to go in and input in a minimum of four, I'm going to click apply and, as you can see, it immediately narrowed that down to 792 filtered keywords compared to the 3000 plus we had before. Now, of course, not all of these are going to be relevant. I'm already seeing that instead of the coffin shelf, we're now taking a look at Vampire Diaries makeup. That's not really relevant at all. So let's go ahead and combine this with the phrases containing filter and I can input in coffin, click apply filters and you'll see that automatically narrows me down even further to 157 filtered keywords.
Shivali:
Now this was a very, very fast way for you to go from 3000 filtered keywords into 157 and find keyword phrases where people are looking for something very specific. Of course, if I were a consumer and I were typing in bookshelf, that's going to be a significantly different feel and probably browsing for different styles of bookshelves, compared to somebody that's typing in coffin shaped bookshelf or coffin shelf or coffin bookshelf large six feet tall. So this is a very precise market and of course I'll still want to go in and open each one of these up and see whether or not the search term is relevant to our product. But of course this is really easy to also remove if I realize that that's not a phrase I want to maintain as part of my listing later on.
Shivali:
So, as you can see, this is a really easy way for you to find those really strong buyer intent keywords or key phrases that you are looking for. That can help you boost your conversions really fast. Of course you want to be ranking for those keywords and you want to drive traffic and all of that's great, but you also want to convert and so when you're using those longer tail keywords, you can get in front of audiences that are looking for something specific and that allows you to make that conversion a little bit easier. So that barrier to entry to actually get them to purchase is so much better when you are using words that are a little bit longer in length. So with this, I hope you go into Magnet, you implement, you take a look at those long tail keywords and you find success. I will catch you in the next video.
Bradley Sutton:
Thank you very much, Shivali, for that. I really recommend, if you guys haven't done it recently, even if you've already been selling for a while, go ahead and put some of your main keywords, especially if it's a not a long tail keyword. Put that into Magnet and just see what comes up. hit the smart complete button, for once you have the keywords that come up. After you put your main keyword in there and see how many keywords come up, and I bet you, I guarantee you, there's going to be keywords that are completely related to your main keyword because it's your main keyword is literally a part of those keywords that you possibly didn't even know had search for him. So that's just like a cool little homework assignment for you guys. All right, thanks everybody for joining us this week. We'll see you next week to see what's buzzing. | |||
| #509 - From Italy to Amazon: The Journey of Two Sellers | 14 Nov 2023 | 00:40:34 | |
Picture this: Three successful Amazon sellers from each corner of the globe sat down in a quaint Italian café, their journeys colliding over a shared passion for selling on Amazon. In this episode, we're chatting with Peter and Franco, our guests who symbolize the true essence of a global Amazon seller. Born in the US, raised in Australia, and operating out of Asia, Peter's journey through the world of Amazon selling is a fascinating tale. Then we have Franco, an Italian native who transitioned from a traditional upbringing to become a leading e-commerce entrepreneur. We listen to their stories, not just the triumphs but also the trials, like the time Franco’s competitor created fake test reports to tarnish his reputation. Venture with us as Franco shares his extraordinary journey as an Amazon seller. From hitting his peak year of gross sales to navigating the fiercely competitive medical device field category, his story truly is a rollercoaster ride. Then we turn to Peter, who climbed to the number one spot in the health and personal care category within a mere three weeks. His dedication to producing reliable products and setting the right price point made him a standout entrepreneur. His unwavering commitment to his product and the pursuit of excellence are lessons for every budding e-commerce entrepreneur. As we bid our Italian farewell, we delve into Franco and Peter's strategies for success, from image testing to understanding European selling regulations and leveraging social media. Get a peek into Franco's vision of reaching nine figures and perhaps even owning a football team in Italy. We draw the final curtain discussing the potential of the Italian Amazon community and the role Amazon plays in shaping the European market. Join us for this riveting conversation brimming with success stories, challenges, and unique experiences in the world of Amazon selling. We promise it's worth the listen! In episode 509 of the Serious Sellers Podcast, Bradley, Franco, and Peter discuss:
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Bradley Sutton:
Today we've got sellers in the show that I originally met in Italy and now they're selling millions of dollars on Amazon. We're going to hear their story, which includes a case where one of their competitors even sent fake reports to the media about their product safety in order to get them kicked off of Amazon. How crazy is that? Pretty crazy, I think. What was your gross sales yesterday, last week, last year? More importantly, what are your profits after all, your cost of selling on Amazon? Did you pay any storage charges to Amazon? How much did you spend on PPC? Find out these key metrics and more by using the Helium 10 tool Profits. For more information, go to h10.me forward slash profits. Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed, organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And today we are doing what I think is a first we are having a three continent podcast at the same time. We're not recording this separately. I'm here in North America, we've got Peter, who, I believe, is in the Asian continent, and we've got Franco, who is in Europe. So welcome to the show. And the funny thing is, I met all of them in person, at least in Italy, which is why I'm wearing my Mona Lisa shirt, my Mona Lisa shirt, here. So anyways, welcome to the show, guys, and good afternoon and good morning to Franco, and it's good evening here.
Peter:
Thanks for having us.
Bradley Sutton:
Now I, as I said, I met these gentlemen at a conference in Milan, Italy, recently and you know, just talking to them a little bit and I was like man, all right, I don't want to know too much more because this sounds interesting and I just love to find out about the rest of you know your stories. You know, along with everybody else, the podcast. Now, that was like a couple months ago. So the cool thing is, you know, with my terrible memory, the little that they did tell me I've already forgotten. So, guys, I am going to be learning everything you know, right, right with you, with all the listeners today. So let's, first of all, you know the first thing that that that blew me away was, here's Peter, and you guys can't see him. You know he, he is, he's in Asia right now and he is of Asian descent. You know like he looks. I'm half Asian. I don't look Asian. Peter looks Asian and here he is sitting with me in this Italian restaurant and ordering in perfect Italian, like, what? Like? Do I really have jet lag? What is going on right here? Let's start with your backstory, were you? Uh, oh, yeah. And, by the way, the way he speaks English was also a little bit different, so were you. Were you born and raised in Australia, or were you born and raised?
Peter:
Yes, sir, I grew up in Australia, but actually I was, I was. I was born in the States. I don't know if I mentioned that in the state.
Bradley Sutton:
That makes it even more interesting I love it when we're about here in the States, in Minneapolis, minneapolis Okay, man, that's, that's. That's still the coldest I've ever been. Uh, not sure I want to go back there in winter, but all right. So you were in Minneapolis, and how? I mean? You know, the Minneapolis Australia connection is not very common, so how did that happen?
Peter:
Yeah, so if I take it back a step further, as you said, um, I'm, I'm Asian. My parents were born in China.
Bradley Sutton:
Okay.
Peter:
And they. They met in the US, so that's why I was born there, okay. And then, after um, they finished their studies, they decided they wanted to move to Australia. So when I was a baby, still be immigrated to Australia.
Bradley Sutton:
Okay, all right. And then now, growing up in Australia, what do you think you're going to be when you grow?
Peter:
Yeah, I didn't have any, you know, any special, different aspirations. I was like all the other kids.
Bradley Sutton:
Fine.
Franco:
Anything like that.
Peter:
Yeah.
Bradley Sutton:
Okay.
Peter:
I didn't think of being an entrepreneur or a commerce guy or anything like that.
Bradley Sutton:
Did you go to university in Australia?
Peter:
Yes, I did. I studied engineering Engineering. I had a very traditional upbringing?
Bradley Sutton:
Yeah, okay. And then, upon graduation, did you start working in that field?
Peter:
Yes, I did I um. So as I had no real exposure to my Asian roots, I wanted to do one year in Asia. So I ended up working in Hong Kong. So I worked in uh in Hong Kong for a little while with uh in the engineering field related to engineering.
Bradley Sutton:
Did you speak Chinese?
Peter:
I did not. That was one of the reasons why I wanted to go to Asia, because, growing up in Australia, yeah. At that time, I was the only Asian kid in school. Um, there was no real interaction with other families or anything, so, um, I just spoke English.
Bradley Sutton:
Okay, Now you know USA to Australia, to Hong Kong, how do you end up speaking Italian?
Peter:
So when I was in Hong Kong, um, I got headhunted for a job in Italy. So, yeah, I took the opportunity and went over there and um lived there for a few years and worked there for a few years.
Bradley Sutton:
Okay, that's cool that you learn the language. You know some people, uh, you know, go to other countries and you know years and they don't are not able to learn the language. That's a, that's a cool, uh cool skill there and and all right. So so that brings us to. I mean, obviously you're not in Italy anymore, so how long did you stay in Italy?
Peter:
Right, uh, I think it was about five years. About five years, about five years in a minute. Okay.
Bradley Sutton:
All right, and it was it during your your run in Italy there that you learned that you started on Amazon. Or how did you go from engineering to e-commerce?
Peter:
No. So, um, while I was in Italy, I also got headhunted for another job and I was moved to Shanghai. And while I was in Shanghai, I met a one of my friends who I did sport with, was very much into Amazon, and he always kept talking about it. And then, finally, uh, one day I said this sounds really interesting. Why don't you show me what you're doing? And I offered to invest in what he he was his business, because it sounded like it was really good. And he said no, why don't you just try yourself? So I did it as a um, as a hobby, for a while, and then eventually it became became a full time thing.
Bradley Sutton:
Okay, all right. All right. Now we're caught up to to kind of like the e-commerce list. Let's go ahead and take the journey with with Franco. Now for you it's a lot easier backstory Were you born and raised in Italy and lived there your whole life? Or or do you live in 17 million countries like, uh, peter?
Franco:
No, I was born and raised in Italy. I passed a couple of years in China, but it means that I was there like uh, every month of April and every month of October since 2003. So it's not was not like living permanently there. I was living in a hotel. So basically, I've been living my life in Italy.
Bradley Sutton:
Okay, all right. Now. What about you? Uh, what did you go to university for?
Franco:
I did pure maths and when I was starting at the university, I thought that I would be doing academia after that. Okay, and then it changed my mind.
Bradley Sutton:
Okay, what so? Upon graduation then, what did you enter into if you didn't want to go ahead and take that route that you thought you were going to take?
Franco:
Yeah, I did. When I graduated I didn't really know what to do because I changed my mind. I didn't want to be a university professor of math, so I was going into my other side of me, that was, being an entrepreneur. So I did an MBA and after that MBA I worked for a couple of years as a marketing assistant in a company and during that time I founded two companies, two different ones, with friends of mine. And then I resigned and from that point I always been an entrepreneur.
Bradley Sutton:
Okay, all right. So what year did you go full-on into e-commerce? Then what did you say?
Franco:
I went into e-commerce probably more than 10 years ago.
Bradley Sutton:
Dot com or other marketplaces, or what Now?
Franco:
in Europe, we're selling.
Bradley Sutton:
At that time, what I meant was yeah, the dot com is on Europe, but what I meant was like online sales or was it like a marketplace that you were on?
Franco:
No, it was our own e-commerce, our own website, and I was selling on with my company. I was selling rubber trucks that are the equivalent of tire for excavators and accessories for construction equipment, so something that probably even today you cannot sell on Amazon because like super huge and super heavy.
Bradley Sutton:
So you exited that company and then you said you became like a full-time entrepreneur. What was that endeavor like Full-time into? Like what was your? Was it just still online sales, or now you got into Amazon, or what happened there?
Franco:
Okay, so well, now most of my time is well, 100% of my time is on Amazon. But yeah, the other company, the one that's now, is doing Amazon as a long story, because it started in 1999. And we've been doing so many different stuff because we started from scratch with nothing. So we started doing multimedia content, then we went into doing CD and DVD duplication that means producing physical discs, then USB flash drives, accessories for smartphones, electronics in general, and then medical devices. When we went into medical devices, we went quite big on our e-commerce. That was not something that we were doing in this company. We're doing business to business mainly. And then from that, we went into Amazon. Not that we even had tried to do Amazon before, because we opened the Amazon account in 2014. But it was just a sort of let's see what's happening there, not really investing in that. So we were becoming big on Amazon since 2020.
Bradley Sutton:
All right, now we're kind of caught up in a similar timeline here. Let's go back to Peter then. Are you still selling your first product today, peter?
Peter:
Yes, I think I started with two or three, and all of those three products I'm still selling. How? Long has that been?
Bradley Sutton:
I started in 2017.
Peter:
Wow.
Bradley Sutton:
The same product. How many reviews do you have now approximately on that one?
Peter:
Maybe 3,000 or something like that. Reviews and ratings.
Bradley Sutton:
All right, so you're still selling the same stuff that you got into. How did you find that first product? Did you just take some course that a lot of people did and then just use the criteria to find the product and just struck gold in your first one? Or how in the world did you hit a home run with your very first product?
Peter:
So my friend had done the ASM course and so he suggested I did it as well. He told me the beginnings that I was doing the normal thing everyone was doing Just looking for a product that had an opportunity, that seemed like a good, not too competitive, good price, etc. Etc. And I was just lucky, I picked something that could last well.
Bradley Sutton:
Now, during this time you said you were back in China or were you in Italy?
Peter:
No, I was already in Shanghai at that point.
Bradley Sutton:
Ready in China? Okay, and then. So what marketplace did you launch this product on? Usa or Europe?
Peter:
Yeah, so I started in the USA. But I think within the first year I knew I wanted to be in Europe. So I immediately started in the European marketplace. I applied for VAT and everything. So yeah, pretty soon after the US Europe, I was into Europe.
Bradley Sutton:
Now? Was it any more easy than another person because you had lived in Italy before, or that meant nothing? Were you an American citizen, since you were born in America?
Peter:
Technically I have dual citizenship, but I always traveled on Australian passport. But, answering your question. So when I started Europe, I wanted to try the UK and Italy first before going into all the other countries. So, yes, there would have been a small advantage, starting with the Italian market, because I didn't have to worry too much about translations and more understanding what things were going. So small advantage, I would say, but not huge advantage.
Bradley Sutton:
Okay, All right Now. In the first couple of years of selling on Amazon, what was your peak of sales for like a year? Gross sales.
Peter:
I think it was about the second or the third year I reached seven figures. So I was going at seven figures for a while, but in the last two years I decided to focus more on profitability than revenue. So it's now in six figures, but making more profit overall. Now at what?
Bradley Sutton:
point did, like you said, it become your full-time job. At what level did you have to get to for it, to replace your engineering jobs that you've been doing for most of your adult?
Peter:
life. Yeah, I was able to replace it. I think it was maybe three or four years into the business, maybe four years.
Bradley Sutton:
You say you sell in multiple marketplaces. Do you aim for the same profit across the board, or is there a marketplace that's giving you better profit over another?
Peter:
For sure, Europe is way more profitable than the US, for products Is it? The shipping? Is it the?
Bradley Sutton:
PPC or what's you know, you're able to charge a higher price. What's the difference?
Peter:
It's the sellers in Europe. There's less of them, in my category at least, and the sellers are less sophisticated so they're not as good at branding PPC and just the basic stuff.
Bradley Sutton:
Okay, all right, let's go back to Franco then. So when you started on, amazon sounds like you started doing different things, but was there a point where you were only doing the medical devices, as you said, or did you start with only medical devices and that's all you've been doing this whole time?
Franco:
When I started in 2014,. We started with electronic, with accessories for smartphones, but I mean, we were making money with other stuff, so we were, we didn't really take it care of a lot about that and we were a little bit inexperienced. So we also did a couple of mistakes, like in the quality of the products. So we just like got a lot of bad reviews and we say, okay, we are making other stuff, we don't care about this, and we just kept the account open but we didn't use it. When, in 2020, we started doing medical devices, we went big almost immediately on Amazon. But before that, as I said, we were doing pretty well, like six or seven months before, on our e-commerce. That was the same e-commerce that was selling the electronics. That was like that website that we changed it and were you?
Bradley Sutton:
and were you only selling in Amazon Europe?
Franco:
Yes, because I'm proud to do not have the certification for selling in the US. They are very highly restricted and certified, so the regulatory stuff in US is completely different.
Bradley Sutton:
Now, what's been your peak year of gross sales? Approximately how much? 10 million, 10 million only in Europe in one year in medical devices. Yes, wow, is it safe to say that now Amazon is the main, as opposed to your?
Franco:
website. Are you still even?
Bradley Sutton:
doing anything on the websites or just all Amazon.
Franco:
We still have it. But I think it's very important because one of the reasons why we were successful on Amazon is because we know so well our customer. We know so well what they want from the product and when we launch a product we can tell to our customer. There is also this new product. You can also find this in Amazon, so it gives a lot of help. But because of the growth that we had on Amazon, we have a little bit of neglected our website. So as soon as we have more banned, we should keep making the website better and grow the website as well.
Bradley Sutton:
Now, as Peter was saying, europe is very profitable for him, partly in fact due to low competition. I would imagine being in the medical device field makes it even less competition. Would that be a fair assessment that it's very few competitors you have, or has it gotten a little bit more tough to?
Franco:
So I would say there are not so many, but the ones that are there are very aggressive, okay.
Bradley Sutton:
Aggressive as in they might do some black hat strategies and things like that, or what do you mean by aggressive?
Franco:
Yes, also Because on medical, it's very like you can get suspended for any kind of claim. So yeah, it's quite an aggressive field.
Bradley Sutton:
What's the craziest thing that has happened to you. I would assume that you've maybe had your account shut down or at least products suspended or what's been some crazy experiences you've had.
Franco:
The craziest things that happened to me was a competitor that wanted to get rid of all the big seller of the same product, so it creates some fake test report. It passed those tests to the media and from media they went on national TV and that was insane At the same time. Hold on, hold on.
Bradley Sutton:
So he made some fake report about like that your product is like unsafe, or something gave it to like a TV station and it got in TV.
Franco:
The first thing to give it to the media, to a newspaper To a newspaper and it made the biggest newspaper. From the newspaper, bump it to the national TV.
Bradley Sutton:
Yeah, and then and then. So what was the result? Like, did Amazon see that and then shut you down, or did you start getting bad reviews, or what?
Franco:
happened At the same. We were waiting experience on all the way to do stuff properly on Amazon. I mean, we didn't even have the brand registry at that time, so they were also able to hijack. At the same time, they hijacked our product and they left all our picture, the branding of our product, but we could not access our listing anymore. It's insane. I know it's insane.
Bradley Sutton:
Wow.
Franco:
Up to now I haven't heard of anyone that has an attack like that.
Bradley Sutton:
Yeah, it's intense.
Franco:
Yeah, and after like so the listing was destroyed because one month to get back the ownership of the listing and when it happened it was not possible to. I mean, it was like flu. That was probably more than a thousand of bad reviews, one thousand of, like one star reviews.
Bradley Sutton:
Now did the newspapers and media and stuff? Did they ever submit like retraction or correction?
Franco:
Oh well, yes, the newspaper, they we submitted like a press release, the newspaper, the newspaper added our press release to our today news. But customers don't really care. I mean, amazon business is a quick business, it's very quick. So we went, we look into that with, probably I think that the best lawyer we could find we usually have very good lawyers and there was no other way to have it fixed as soon as we wanted or to have like an economical compensation because of the way it was structured. Okay, the attack.
Bradley Sutton:
All right Now, peter, you know like it's safe to say that you've never had that level of attack, or you know?
Peter:
I don't think anybody has had that level of attack. So but I'm sure you have had my things on national television.
Bradley Sutton:
Yeah, I'm sure you've had some crazy things happen. Anything like anything that's happened to you. That would you say. You would call it. You know, your, your, your your kind of like worse experience on Amazon or craziest experience.
Peter:
I haven't had anything really horrible. I've had a lot of the standard like minor attacks from competitors, but probably the scariest one I had was Just I think it was three weeks before Christmas a big competitor in our space did an IP complaint against me and had my products suspended, but luckily I was able to get it back within a week. That could have easily dragged on for months, but I was very lucky. I got it back in a week. That was obviously very scary. How did you get it back? Just submitted appeals I used. I have a lawyer which I use all the time and even they said that's way faster than we normally see. You were really lucky. So I was just super lucky.
Bradley Sutton:
Okay, now you know let's not just scare everybody with all these bad stories. Peter, you know, sticking with you what's the best thing that's happened You're the craziest in a good way or biggest surprise, or biggest win you've had over the years on Amazon.
Peter:
I think the first one, which was really a happy experience for me. I've heard other guests on your podcast. I think they're similar. I had a product, one of my standard products, and in the UK suddenly I was having 10 times sales that I normally have. So and this was quite early on, so I still didn't know about being attacked, so I wasn't worried like I would be now, and in those days you could still write to the customers quite easily. So I was writing to a few of them and I got a response back that a celebrity. I've seen the products used by a celebrity on their you know, on their social media. So yeah, that was fantastic and yeah, I knew that celebrity. So it was pretty cool.
Bradley Sutton:
Awesome, awesome. Now you know you've sold in multiple marketplaces, but you know you're probably an expert, I would say on the Italian one. Is what you do on Amazon Italy, 100% the same strategy across the board? Like, I mean, obviously the language is different, but is your PPC strategy the same? Is your branding strategy the same? Is your keyword research strategy the same, or is there something different that you're doing in Italy? You know due to your experience there.
Peter:
No, I would say everything's particularly the same. As I mentioned before, it was a small advantage, and even now it's practically no advantage with the translation software that's available. So I'm just doing the same thing in all the marketplaces.
Bradley Sutton:
That's good to know, because you know some sellers out there. You know they start in a marketplace, whether it's Italy, whether it's Germany, whether it's USA, and they're like kind of scared sometimes to branch out because they're like oh man, I'm gonna have to learn a whole bunch of new strategies to go to this new marketplace. But no, it's across the board. I mean sure. You know every now, and you know there's VAT, you know, and then in Japan you might have to do a little something different. You know, but for the most part the strategy is the same. Now, what's going on these days with you know? You mentioned you sell in UK and Italy. What changed after the Brexit? Like, now do you have to send inventory to UK and then send inventory to Italy separately, and it's completely separated and segregated, or what was the difference after Brexit?
Peter:
Yeah, so you've probably heard of Pan-European and probably you'll. Listeners who have some experience know about Pan-European. Maybe I can explain that really quickly. Go ahead, please. It's like the US when you send a shipment to, it goes to one location and then Amazon will spread it out all over the US, right?
Bradley Sutton:
Yeah, we call that. North American remote fulfillment is what it's called over here.
Peter:
Right, so they have the same thing in Europe. If you're VAT, you registered in their core countries, which was UK, Germany, France, Italy, Spain I think that's all of them. It was the same thing. You'd send it to one country and then they would spread it out amongst all the countries as if it was one country. So that was very convenient. When Brexit happened, the UK became its own separate country, so all the work that you do logistically, which you used to do for Europe, then you had to repeat it for the UK. So it's a bit of a hassle, time-wise.
Bradley Sutton:
Okay, all right. Now, switching back to Franco, you had the worst thing that somebody could possibly imagine happening. Now the same question that I gave Peter what was the best thing that's happening? I mean, other than the fact that you're not even selling the USA and you can still gross 10 million a year? I mean that by itself is pretty amazing, but what else other than that is a cool thing. That's happened to kind of like pump up people's spirits after feeling so sorry for you.
Franco:
Yeah, well, I think that if I put on my hand the bad thing and the other thing, the good things, the good thing outweigh the bad thing. And the best one was the velocity to which we could reach the number one in health and personal care category with our products like in three weeks.
Bradley Sutton:
So number one, as in BSR, one in the whole health category.
Franco:
Yes, yes, Wow, that's pretty impressive. Yeah, that was between 2020 and 2021,. We reached that position in like three weeks with our product.
Bradley Sutton:
that's why we got a time Three weeks from the time you launched yes, Wow, okay, well, okay, well, then tell me, I gotta pause you there. Then how in the world did that happen? Like, did you have some crazy campaign? Was it all organic?
Franco:
How would you go from zero to number one so fast? No, they were proud of the COVID.
Bradley Sutton:
Ah, okay, okay, that's the reason. Now, did you was this after COVID you started? Or did you just get lucky, like it was something you were starting and you had no idea COVID was happening and the timing was just right? Or how in the world did you manage that?
Franco:
Well, we have been manufacturing in China since, I told you, since 2003,. We have a very strong presence in China, and so when COVID hit in China in January 2020, I knew it was coming to Italy or to Europe. I was pretty sure. I also wrote article about that, and so when that happened, I was a sort of reference for many people to say, hey, can you help in something? Because you know, italy was the first country in the Western world to be hit very hard, and so we started doing those like masks, those kind of product for COVID, and at the beginning, we were just doing that for hospitals, like for what was really needed.
Franco:
And then after that, we went to doing this on our e-commerce and the reason was that we ran out of money because the request was so insane Because we look into that so deeply that we were 100% legit. Our problem was like, probably the safest you can buy at the right price. We didn't want to speculate. We really want to have the country, and so we had a good product at the right price and we have an insane amount of demand for all those state-owned stuff, like the police even the finance police was buying from us. And so when we ran out of money. We opened the e-commerce because we need some very short money cycles and you know, on e-commerce you get the money like right away. And so after that, six months later, and also we got a lot of. Our e-commerce was an instant success as well, because we were supplying all the hospitals and so our product with our brand was in every hand, everyone hands and so our e-commerce was an instant success.
Franco:
And then we asked it like in April 2020, to our product to be listed on Amazon, and Amazon didn't accept it. And you have to consider that at that time on Amazon, it was fluted with product that were not legit, like all the things you were finding on Amazon related to the kind of product was like not compliant. We submitted our product. We were rejected. We said, okay, I don't care, I have other stuff to do. And then in October, I tried to resubmit the product. It was rejected again, okay, but in November, for I don't know what I receive, like Without asking again to to be listed, the I so the listing the listing was there but was not like, not active. The list he became active.
Franco:
From that point, I think that because we have so much, I'd say, brand recognition, yeah. Trust from the customer. As soon as we told the customer we are on Amazon was like that. I mean, we could have been number one, probably in a week. The only problem was the, the velocity, and that we need to have the product on their warehouse. Yeah, and so it was like giving three days out of stock. One day, then three, because of the space that Amazon was giving us, because when you are number one, you have to send a truck every day, or even more and and so, yeah, that's the story, that's cool.
Bradley Sutton:
Now, you know, for the last part of this, you know let's just go back and forth with some, some strategies, you know, and I don't mean, oh, you know, keep your a cost down and and and have a nice logo, or you know it's just standard stuff. But you know each of you to be at the position you are, you know which is, you know Amazon is your full-time business and you've reached six, seven, even eight figures. You know you've got to have some, some unique strategies and some, some things that are that you feel are the difference of why you've been so successful. So we'll start, you know, franco, with you. What is something that you know? So you know, it could be a PPC strategy, it could be a launch strategy, could be branding strategy. Uh, what? What's your first strategy of the day?
Franco:
I think that's still uh, the obsession with the product is a key. So like, uh, having the best product you can have for your customers, and so listening to all the advice and Now you can use AI and do all your research. But, uh, do the extra, the extra mile. Don't only use AI, because AI is very good to finding, um, like patterns, like to put in together Something that is saying a different way, but it's not good to find out liars, and many times in the outliers there are some very good gold nuggets, so talk with as many as you can, even even call them and Understand what are they paying, what are they, what they really want.
Franco:
When you have the best possible product, then you need to apply all the techniques that amazon Required. Like I have the best possible page. Uh, add those pains and uh, emotion of the customer reflected in your stack image At the best possible main image ever. Like, do a lot of testing, an insane amount of testing, until you know you will be the number one choice and never Let the customer down. Whatever they have a problem, solve it, solve it. Solve it, because then you have To, you have to reach the position, then you have to stick to in the position. Yeah, it's an ever-ending story.
Bradley Sutton:
All right, switching back to peter. Uh, what's your um first strategy you'd like to share?
Peter:
Uh, I'd give a general one and then maybe an amazon specific one. Very general. Uh, I think there's a lot of listeners on your podcast that are maybe just starting out, so I would suggest just to keep things simple. I've seen some people they they try and go to advanced from the beginning and it's uh, they get in over their head. They don't understand what's happening. So I would just keep it simple, even though I've been doing it for a long time. I I also Follow the same principle. I don't have any, I don't have any full-time staff. I I just try and keep things as simple as possible. And then, specifically for amazon, as I mentioned before, I think if you're, especially if you're getting started, you really need to think about products or a product that you can brand. And if you, if you can't brand a product for example, if you're doing I don't know stationary or Cleaning accessories or something, it's very difficult to build a brand around that, to build User excitement. So that's something you probably need to consider as well.
Bradley Sutton:
Okay, Going back to Franco, you know like you can give us another strategy, but before you do that, I wanted to kind of like double down on what you were talking about. You know you were saying hey, you know, have the best listening, have the best images and and do a lot of testing. How are you doing this testing and how are you making sure that? You have you know the best.
Franco:
Well, I'm using all the Software as a service, as a this are available. So I like take my few four competitors and I test my main image against their, I mean against the main image of my competitors. Then I got all the advice from the pollers, like we choose this because of this, we don't like this because of that. We run AI on that. But we don't only run AI.
Franco:
I read all the response one by one and I try to see how can make it. I can make it better. And then I write like Something that, what, what need to be done. I pass this to my and I try to be very, very Pacific. Like many times, I take a piece of paper and make driving by myself, like this is how I want this to be, and then I pass to my designer and then the designer make a new Couple of variation and it test again and sometimes I go very deeply on that. Like I am not happy until, like I get that out of five possible choice of main image, my main image gets 60% of the clicks and the other four share the 40%.
Bradley Sutton:
So it's not just a matter of all right, hey, I won with 30%, another one has 28, another one has 26. That's even though you won. That's a failure to you until you can get to the 60%.
Franco:
Yeah, I won like 60% and 40% spread between the other four, then I know that I'll stand out, and this is the first step. Then I need to like the page has to be consistent. And then I need to maintain my promise to the customer.
Bradley Sutton:
Are you selling? You're still with Franco here. Are you selling in all European marketplaces, like including the newer ones like Poland, netherlands, or are you focused only on the bigger ones?
Franco:
So my sellers, I sell both on one P vendor center and three P seller central and I have all the accounts. I mean all the nine accounts in Europe, but the only one that really matters are the big five UK, Italy, Germany, Spain and France. And for the most of my product I cannot use the Pan European, as Pita does, because there are specific regulations for each. So there is on top there is the EU regulation, but then there are specific regulation on a country level. So, amazon, do not allow us to do the Pan AU. We need to stop the product on each country.
Peter:
Okay, that's a lot of work and increases your workload to manage your logistics in each country like that.
Franco:
Yeah.
Bradley Sutton:
All right, going back to Peter, you have any more strategies for us. But before you get to that, what about you? You mentioned UK and Italy. Are you also selling in all nine marketplaces, or are you only keeping your listings active in the big ones?
Peter:
Yeah, it was only UK and Italy when I first started in Europe to get an idea of how it worked.
Bradley Sutton:
And almost immediately.
Peter:
I think I only did UK and Italy for three months and then straight away I went into the Pan European.
Bradley Sutton:
So for the last few years.
Peter:
I've been, yeah, outside of the big five.
Bradley Sutton:
If you have to pick one of the newer ones, are they all doing equal or is there one that you feel? Hey, down the road, this could become the sixth one, that's a good question.
Peter:
Now I haven't really focused on any of the new ones. I think whether you're Belgium, sweden, I can't remember, but Poland's Check for public. But from what I've seen they're all very minimal. I haven't really put an effort into them. I wouldn't say there's one that particularly stands out.
Bradley Sutton:
And then for all of those, are you just using what Amazon does for the auto translation, or did you, did you commission official translation with a service or something? Obviously, you did the Italian one yourself, but what about for these other languages?
Peter:
Actually, I didn't do the Italian one myself. I used Yana's service, ylt shout out to Yana. But for the other marketplaces, no, I haven't specifically worked on those. I've just left it with Amazon doing their own translations, and then they have a similar system to NAF. So, for like for Canada and Mexico, then for the other countries that we just mentioned, they'll take the product from Germany or France or wherever, and then send it over. It's a similar system.
Bradley Sutton:
Okay, all right. Any more specific strategies for us that you'd like to?
Peter:
share. I do a lot on social media. I don't know if you've seen that's been a huge part of improving profitability in the last two years. So the PPC costs were going up incredibly Like for us. It was getting. Tacos was getting up to 30%, maybe even 40% for some products and now, with some strong, a lot of work on the social media side and managed to bring that down to less than 5%, which I think is quite rare in the industry for the TACOS Less than 5% TACOS. Wow, that's very impressive and most of the TACOS is brand defense on the product page. So, yeah, that's been huge for us to make that change.
Bradley Sutton:
All right. What does the future hold for you, Franco? Like you, just hey, let's just keep going. Or are you looking to exit your business and retire? You looking to start any more brands, or what's your you looking one year down the road, five years down the road? Buying a lower division Italians football team, or like what's gonna, what's gonna.
Franco:
Yeah, yeah, maybe, maybe Now. Well, my dream would be to. I have my figure. My company reached nine figures. That's a very, very difficult endeavor, and at that level.
Bradley Sutton:
I think you might be ready for Inter Milan or AC Milan.
Franco:
Forget the lower division, you'll be ready.
Bradley Sutton:
Let's buy one of those.
Franco:
What else. And that could be through acquisitions of other brands or through expanding our product range. We have been looking to many, many things, okay what about you, Peter?
Bradley Sutton:
What's the future hold for you?
Peter:
Yeah, I'm just happy doing what I'm doing. I don't have any new term plans to sell the business. Enjoy what I do and just gonna keep going.
Bradley Sutton:
All right, excellent. Now why don't we just go ahead and close this out with a one or two sentence words of farewell in Italiano here. Start with Franco. Say something for the Italian community out there.
Franco:
The Italian community of the Amazon vendors has to grow to a great potential. Amazon has become one of the most important markets in Europe. So, guys, we're gonna win Amazon.
Bradley Sutton:
All right, and, peter, where were your Italian words of wisdom?
Peter:
Italian. If someone in Italy hears this, I'll pass their Shanghai. So they're content with the Vedetti.
Bradley Sutton:
All right.
Peter:
I have no idea.
Bradley Sutton:
This host of the podcast is a crazy guy.
Peter:
Shoot a sexy host of this podcast is what I said.
Bradley Sutton:
All right, there we go. That's good, I'll believe that. All right. Well, guys, thank you so much. It was great to have you on. It was great to meet you and hang out in Italy. We found that little nice restaurant that I was not expecting much, but I was really, really delicious food. My whole time in Italy was good food, but I look forward to seeing you at a future conference, whether it be in Asia, north America or Europe. So thanks for coming on.
Peter:
Thank you.
Franco:
Thank you. | |||
| #508 - 2024 Amazon Keyword Research Masterclass: Part 3 | 11 Nov 2023 | 00:42:10 | |
In this third installment of our Seller Strategy Masterclass for Amazon keyword research, we pull back the curtain on advanced Amazon keyword research strategies, unveiling how discovering what keywords competitors are getting sales from - ones you don't even have in your listing - can revolutionize your Amazon FBA business. We shed light on the power of Helium 10's keyword research tool, Cerebro, and how it can swiftly identify highly searched keywords that your product is ranking for. We also discuss the clever use of the multi-ASIN search to see which keywords your competitors are capitalizing on that you aren't even indexed for. Continuing the conversation, we explore the advantage of understanding your relative rank on relevant keywords, and how to use filters to spot keywords where your competitors outrank you. We share some keen insights on how to leverage sponsored ads to boost your rank, and even how to find keywords that your competitors aren't running sponsored ads for. We believe that this strategy could make you a ton of money. Listen in as we divulge ways to automate keyword research, and how to use Magnet to identify loosely related keywords and get quick information on a list of keywords. Wrapping up the discussion, we delve into how you can get ahead of your competitors by finding hidden gems and uncovering keywords that your competitors are getting sales from that you may not have thought of. We provide guidance on using Magnet to find the most searched terms starting with a word or phrase and using the word frequency feature to identify trends. We also show you how to use auto-complete to quickly find the most searched terms. Don't miss out on this episode filled with actionable strategies that you can implement right away to give your business a competitive edge!
In episode 508 of the Serious Sellers Podcast, Bradley talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Today is the final part in a three part series on advanced Amazon keyword research, and we're going to talk about really cool strategies, such as how to find out what keywords competitors are getting sales from that you don't even have in your listing. How cool is that? Pretty cool, I think you want to know what keywords are driving the most sales for listings on Amazon. To do that, you need to know what highly searched for keywords the product is ranking for maybe at the top of page one. You can actually find that out in seconds by using Helium 10's keyword research tool, Cerebro. Now, that's just one of the many, many functions that make this tool my favorite tool in the whole suite, and it's the most powerful keyword research tool ever created for e-commerce sellers. For more information, go to h10.me/cerebro. h10.me/cerebro. Don't forget to use the Cereous Sellers podcast discount coupon SSP10.
Bradley Sutton:
Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That is a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world, and today is part three in a three part series where we've been giving you guys just nonstop fire strategies all about keyword research, and I've been telling you in these episodes these are the kind of strategies that could potentially make you thousands of dollars. And if you want to raise my flag in other words the BS flag on that statement, let me just illustrate why I say that it could mean thousands of dollars easily. All right, let's just say you're a newish seller, all right, maybe you've only got one product and it's doing pretty good. You know, maybe you're projected to get about $100,000 worth of sales for a year. All right.
Bradley Sutton:
Now how many sales come from search? You know it varies by category, varies by product. If you take a look at your search career performance and look at the attributed sales to keywords that actually happen within 24 hours of the click, it's kind of a long, a long story how to calculate that out, but you know, maybe you see that 30% of your sales come from keywords. Now, obviously there's probably more that comes from it, just from your PPC alone. But again, let's just talk about that stuff that happens within 24 hours of a search of a keyword, which is called a denormalized search results. All right, so 30% of your sales come from keywords and you're doing 100,000 a year. That's like $30,000 come from keywords. Right Now, let's just say that, hey, that $30,000 that comes from keywords, it's from like 30 main keywords that you have already, on your own, found and you're getting sales from.
Bradley Sutton:
Now. Imagine if you could just add five more strategies, all right, total, I've given you, or at the end of today, you'll have 30 different keyword strategies that I've been giving you in episodes, or the the first edition, the second edition, now the third edition uh, over 30 strategies. From those 30 strategies, let's just say, for some strange reason, all you can get out of it is only five more keywords to get sales. Only five more keywords, all right, how much is that? If you were already getting $30,000 from 30 keywords, you just added a thousand dollars worth of sales for the year. All right, let's just say, no, you don't just have one product. You've been selling on Amazon for a few years. You got maybe 10 products doing about a million dollars a year. Total, all right, not even each, just just total.
Bradley Sutton:
Now, how much if you're adding like five, only five keywords that you've discovered through these strategies, all right, that's $10,000 worth of extra sales just by following some of these strategies. Now, I really think you guys can get more than five new keywords out of these 30 strategies that we've given you. So, again, if you're just hopping in on this episode, you can go ahead and listen to it, but, but I suggest watching the? Uh, the other two episodes first. Now, those episodes are 506 and 507. Uh, if you're watching this on the web, you can just get that at h10.me forward slash 506 or forward slash 507 and catch it on YouTube. But anyways, um, even if you just want to go ahead and keep watching this, no problem, all right, let's go ahead and hop into the strategies. All right, uh, this is, if you guys have been keeping count, this is strategy number 21,.
Bradley Sutton:
Out of our Cerebro strategies, all right, and this one is how to see which keywords your competitors are getting sales from that you aren't even indexed for. Now, why is this important? How can it make you money? Well, this is like the easiest no brainer of them. All right, your competitors very similar product to you. They're literally getting sales from a keyword because you know they're high on page one. Uh, for a decent search form keyword and you don't even have the keyword in your listing. All right, doesn't take a rocket scientist to understand how this is one of the easiest strategies of everything that we have here that can put money in your pocket. Uh, how do you go ahead and do it? Let's go ahead and hop in.
Bradley Sutton:
Now, the first thing you're going to do is this works on a multi-ASIN search in Cerebro. So you put your product first in Cerebro and then you had put, you know, like four, five, six, seven, eight, nine other competitors right there as well. Now what you want to do is you are first going to hit position rank, zero and zero position rank. What that filter is is it means your rank, which is why you have to put your product first in this list. So if you put zero and zero for minimum and maximum, that means you're saying I am not ranked at all. And then what you're going to want to do is you're going to go ahead and go to the number of competitors, filter All right, number of competitors, and you're going to go ahead and put minimum one. That's all you care about. You just want to at least sell at least one person, and then nothing on the max. And then you're going to go to competitor rank and then you're going to put, let's just say minimum one, let's say maximum 10. So that means not only are your is at least one of your competitors on page one, but they are, like you know, at the top of page one. Like I said, they're probably getting sales. I'll go ahead and put since this is the US marketplace, I'll go ahead and put a minimum search volume of 400. You know you can do more or less than paying if anything comes up. And I mean the goal is for if you do this, you don't want any keywords to show up, right, you know that's the goal, like you're doing. All right, if no products or if no keywords show up.
Bradley Sutton:
Now, in this particular case, only one keyword came up Gothic cabinet, all right. So the way that you can see if a keyword you have is indexed or not you might not even have it in your listing Go ahead and take this list of keywords. Now, in this case it's just one keyword and you're going to want to go into index checker, right, that's the next step. So normally you might have, you know like 10, 15 keywords. Me, I'm doing all right. So I only have you know one keyword on there, but you're going to go ahead and paste the keywords into index checker and you're going to put your ASIN as the ASIN and index checker that you are checking, all right. So I'm going to copy my ASIN, I'll bring it over into index checker and then you just run index checker and then what you want to do is see does it say that you have indexed or not? All right, in this case. Yes, I am indexed. All right.
Bradley Sutton:
Now let's just say one of the some of these keywords was not indexed. Well, the way to know if you are indexed or not, make sure to check the videos here in index checker and you can find out how exactly to check if you are indexed or not. But again, super simple, just a few clicks. Again, you want to see where you are not ranking at all, not even in the top seven pages, but your competitors. At least one of them is getting sales from a keyword because they're in the top, in the top 10 positions. And then the next step, if you just want to see if maybe you're not indexed at all, is go to index checker. One more quick thing I'm not sure if I mentioned this before, but in another video we have match type here, all right. So I've been talking in strictly about organic ranks in a lot of these videos, but helium 10 is checking if they're also in the now defunct editorial recommendations.
Bradley Sutton:
If they're showing up in an Amazon's choice widget, that's different than just the regular Amazon's choice button, but in our badge it's an Amazon's choice widget. That's sponsored ads. There's a highly rated widget. They're sponsored brand header videos or sponsored brand header ads and also sponsored brand video. So these are all different match types in Cerebro, where it'll have a little letter next to the keyword showing that, hey, this is what keywords you know what's the match type of this keyword. It'll say oh or s or other things like that. So this is also valuable. Like, maybe you want to know, hey, where is my competitor showing up in the search results? And they've got a sponsored video ad. All right, hey, where's my competitor showing up in a sponsored brand ad? Hey, well, what are the keywords where my competitor is showing up for like five or six or seven different things all on page one. I mean they literally could be, could be doing that. So this is a great way to look at that as well.
Bradley Sutton:
All right, let's get into the next strategy how to find the keywords. Competitors are beating you on. All right. In the previous strategy, we talked about looking for the keywords where a competitor is getting sales from, but you might not even be ranked or indexed at all, and definitely not ranked. But you know what? If you're ranked on page four, five or six, or even on the bottom of page one, but most of your competitors are ahead of you, all right, why is this important? How can this make you money? Again, this is one of those no brainers. Hey, you want to show up before your competitors, right? So maybe you know there's a keyword Gothic decor and there's six competitors on there that are coffin shelves, and you're a coffin shelf. Right, there's customers who are searching for Gothic decor, who are looking for a coffin shelf. Now, they don't see all of those other products on the page. You know, maybe there's some Skull Candleholder or some moon shaped mirror or some weird Gothic thing, right, they're looking at only the coffin shelf. So it doesn't really matter the position placement there. Like, hey, is this page one, position five? Because if the first four products are all something different than what they're looking for, it's almost as if those don't exist, right? Does that make sense?
Bradley Sutton:
So, in this sense, like what we call your relative rank is important. Where are you showing up in the search results compared to your direct competitors? Because those are the ones who you are fighting for. You know the sale from. How do you view that? All right, so, again, this works if you have done a multi-ASIN search and then I, you know, I like to go ahead and let's put a minimum of 300 search volume. Now, what you want to go to is where it's called relative rank. All right, so I'm going to go here to the relative rank and let's just say hey, where am I? At least three, four. All right, that means I'm at least the third one that comes up. And let's go ahead, apply filters and we probably going to have a lot of keywords here. Yeah, look at this, 38 keywords show up. And so, again, these are all the keywords now where at least two of my competitors are beating me on. All right, if I wanted to, if I wanted to see all the keywords where four out of the competitors were beating me on, I would go ahead and put a minimum of four in relative rank.
Bradley Sutton:
Now let me explain how, again, this relative rank works. Here's coffin shelf. It says over here under relative rank, I am six. That is terrible. This is the most important keyword for my listing and it says I am six. So what I can do is I can put my mouse over this relative rank and I can see where my competitors are ranking. For Now, the one that is my ASIN. It's going to be in bold. So right here, clear as day, I can see why my relative rank is six. I see one competitor is one, another is two, another is nine, another is 14, another is 15. And then there I am, at 17. So here is a complete list of keywords where at least two out of my main competitors they are showing up on page one before me or just anywhere in the search results. You know, maybe I'm on page two, maybe they're on page two and I'm on page five. You know, regardless, this is a great metric that you want to look at. Where are your competitors being on? You are ranking for the keyword, so at least you're in the. You're in the ballgame, right, but you're not getting sales when your competitors are all showing up before you. So a great quick way to see where your competitors are being you from, find those keywords, figure out, you know, like, how you can increase your rank. You know, maybe it's by putting some more money at your sponsored ads for those keywords and hope your conversion rate goes up. But find a way to start beating your competitors so that you're the first in the relative rank On those keywords.
Bradley Sutton:
Next strategy how to find keywords that your competitors are not running sponsored ads for. Now, wow, how can this strategy make you money? Um, you know your main keywords. No matter what, if none of your competitors are, you know, doing ads for it, or if all of them are, you still got to do ads for it. All right, you want to rank for it, for you know your most important keywords. But sometimes you know you might want to look for keywords that have a little less competition, or maybe at least your main competitors are not the run the ones running sponsored ads. You could view that as opportunity to make some money. So how can you find that out? Again, if you are in a Multi-ASIN search, you have the results here. Um, sometimes you can go ahead and put a minimum search volume of 300. That's what I'm going to do right here.
Bradley Sutton:
Now, what you want to do is you want to. There's a couple ways you can do this. One way is finding out where not many people, not many of your competitors, are running sponsored ads at all. In that case, you're going to want to find the filter that says sponsored rank count and you can put like a maximum of, let's just say, two. What that means is, hey, show me the keywords here where my competitors a maximum of only Uh two are even running sponsored ads. Now, a lot of times, a crazy number of keywords are going to show up here, like even this one says a thousand keywords. So in this situation, I'm actually going to go ahead and put another Filter, which is the competitor rank average. All right, that means, hey, these aren't just random sponsored ads they're running. These are ones where they're probably, you know, getting organically around page one or two. So I'm going to go ahead and put minimum competitor rank average one, maximum 50, and then when I apply that filter now the number is going to be a lot less of these keywords.
Bradley Sutton:
And here, 56 keywords, like, for example, here's one right here gothic bookcase. It's probably is fairly relevant, right, and I can see there are only there is nobody running sponsored. Good grief, I can't believe this. There is zero competitors running sponsored ads on gothic bookcase, which is a very relevant keyword. Here's another one coffin bookshelf. Only one competitor is showing up in sponsored ads. Uh, for this keyword gothic cabinet Nobody is running sponsored ads. So that's a great way again to see which keywords your competitors are not even focusing on.
Bradley Sutton:
Another situation could be instead of the number of competitors, you might want to look at sponsored rank average and maybe you want to see where their average is like, at least Like 30, you know meaning they're probably a lot of competitors are not even on the first. You know few pages of sponsored ads and if I go ahead and apply the filters on that, so again, sponsored rank average, minimum 30. I'm not putting anything in sponsored rank count. Now I see nine filtered keywords and see here, here's one keyword right here coffin decor. There are a couple of competitors showing up in sponsored ads and this is a keyword that a lot of people are on page one for. But look at this the main competitors are are 33rd and 69th as far as sponsored ads. That means that's like page three and page Six probably in sponsored ads. That means if I come in, I would potentially be the only person. If I bid high, I would be the only person on page one For this keyword in sponsored ads.
Bradley Sutton:
So another great way to find valuable information that can save you money in advertising so that, uh, you know that you can focus on certain keywords and you're not going to have much A competition at all on the flip side. Maybe you're just curious hey, where are most of my main competitors? Uh, you know advertising for where they, where are they, concentrating their top of search spend? You can go opposite on there, say you can say, hey, show me, uh, you know, put in the filter here, show me where they're sponsored rank average, regardless of their competitor rank average. So me where it's between one and 20, meaning that on average they're on page one, and that's going to show you where most of your competitors are concentrating their spend. So a lot of different ways that you can filter through this information, but it's important to do that so you can really like dial in your ppc game.
Bradley Sutton:
How to get a quick view of top products for amazon keywords. Why is this important? Well, as you've been seeing from a lot of our Cerebro strategies here, sometimes when you do search results, uh or in Cerebro, you can have hundreds, if not thousands, of keywords. Not all of these keywords are completely relevant to your product and you shouldn't just base it on our competitor performance score. You know, like I said before, that that doesn't mean it's always 100 relevant or that there's not other Keywords that are very relevant.
Bradley Sutton:
If you're looking for uh keywords where most of the top you know 10 products or the pages, the ones that are at the top of page one, are somewhat similar to your product, you know how would you? How would you do that One by one? Well, you would have to go and click each keyword and look on amazon to see all right, gothic decor, are these all coffin shelves? Oh no, when I click on gothic decor, I see a whole bunch of of random products like dream catchers and and gothic bed frames and stuff like that. Right? So now you know, okay, this is probably not a keyword where a lot of people are searching for coffin shelves. Right on the flip side, if I search for, um, you know, mini coffin bookshelf, all of the all of the products might look like one of my products. I hope that makes sense.
Bradley Sutton:
So, instead of having to go one by one and just checking what these keywords look like, we have a brand new way in order to uh see this inside of Cerebro. Let me show you how to do it. All right. So, in in Cerebro, if you mouse over any of the keywords, you're going to see this pop-up window, if you don't have the advanced view on, and you're going to see thumbnails of the last time, helium 10 check the top 10 products, the thumbnails of the main image. Super, super cool. You no longer have to go to amazon to take a look at the keyword. You'll instantly see the thumbnails. If you're looking for a little bit more information, you, you're gonna. You can hit the advanced view and if you hit advanced view Now, you can actually see the titles of those products, you can see the price, you can see if it has variations. The rating Super, super cool guys is one of the uh, newest features of Cerebro. Um, you know, depending on when you're watching this, you might not have full access Uh to it yet. Um, but this is a really cool feature where you no longer have to go click one by one and then look off of Uh, helium 10 back on amazon to see what kind of products are on the top of page one.
Bradley Sutton:
All right, how to automate your amazon keyword research. All right, we've been talking about a lot of strategies as far as how to find top keywords from your competitors. You know from your own listings, uh, etc. Now, the way I showed it to you guys, it doesn't take too much time. But maybe you've got 10, 20 products and you wanna be checking your competitor's keywords once a week. Well, it can start getting pretty tedious and time consuming and a lot of data that you're gonna have to process to every single week or every other week, go through all of your products and all of your competitor products and know, all right, is my competitor ranking for any new keywords that I didn't know? So I can put it in my listing. So how would you like a way to just put time back in your hands? I mean, time is money, right, so this could take hours and hours a month, but instead of that, let Helium 10 do the work for you.
Bradley Sutton:
How can you automate keyword harvesting from your competitor's keywords? Well, it actually goes back to your dashboard, all right. So what you're gonna wanna do is you're gonna wanna go back to just your regular dashboard, okay, and you're going to hit insight settings on the very bottom left of the screen insight settings, all right. Once you do that, you are going to find the keyword insight settings and then you are going to hit four insight types and you are going to select customize under keyword suggestions based on my competitors, all right. So hopefully you've set your competitors and if you haven't set your competitors on your insights dashboard, there's videos that we have on our dashboard on how to do that. But you wanna put your top five competitors for all of your products and these are the ones that you probably are running Cerebro off of.
Bradley Sutton:
Once you've got that done, like I said, go to your insights types, hit under customize under keyword suggestions based on my competitors, and what you're gonna do here is you're gonna enter exactly whatever you like to do inside of Cerebro. You're basically automating your Cerebro process. So maybe you said, hey, I wanna know any keyword where the search volume is at least 400 and my rank is like maybe I'm not ranking at all, so I'm gonna put zero and zero, but at least one of my competitors is ranking in the top 20 positions. All right, that's what you just fill it out, just like you would on Cerebro. So now, any time that one of my competitors for any one of my products, right, is getting sales from a new keyword that I'm not ranked for now. I'm going to get actually an insight on it or a notification right here and it'll tell me hey, your competitor is ranking for these new keywords.
Bradley Sutton:
Would you like to start tracking it? Would you like to start putting it in your listing? This is like super, super cool guys, next level If you don't have access to it, you're gonna need the diamond plan in order to access this. But I mean talk about putting money and time back in your hands. I mean this saves hours and hours of work. You now don't have to even run Cerebro almost ever again on your products, unless you wanna do some advanced to filtering, but you can now get those keywords delivered to you in a message saying hey, your competitor is getting sales from these keywords. Do you wanna put it into your listing? So, guys, if you wanna start automating it, make sure to set that up on your insights dashboard. All right, guys.
Bradley Sutton:
So we just went over a lot of strategies in the last three episodes on Cerebro 25 of them in total. I've just got a couple of strategies here using our other keyword research tool, magnet, so let's go ahead and get into it. How to find loosely related keywords to an individual keyword phrase. How can this be important? How can it make you money? Well, we showed you in Cerebro I had to get a lot of really specific information. But maybe you're doing a little bit broader research and you wanna kind of like, hey, instead of just looking at what these exact products are ranking for, let me have a broad view of keywords that are very loosely related and some closely related and see if something comes up that maybe didn't come up in Cerebro. Let me show you how to do that. If you go to Magnet, our tool, let's go ahead and enter a coffin shelf if that's my main keyword and I'm gonna hit get keywords.
Bradley Sutton:
And now what's going to show up here are all of the keywords that are loosely related to coffin shelf, and how these keywords are sourced is from different databases. One of the sources is organic, meaning these are the keywords that other products ranking for coffin shelf are also ranking for. Right, we've also got smart complete. Smart complete means hey, let's take this word, coffin shelf and then what are some long tail keywords related to it? I'll show you guys in a later strategy how to a little bit more recent. I'll show you in a later strategy a little bit more detail on that. And then last it's showing Amazon recommended keywords for other products that are on the coffin shelf search results, all right.
Bradley Sutton:
So for example, I just typed in coffin shelf and take a look, even without any filtering at all. Look at some of these interesting keywords that come up Gothic kitchen decor, punk room decor, creepy room decor, goth bedroom, curiosity cabinet. So these are other keywords that maybe wouldn't have come up in my Cerebro searches. But I'm just getting a little bit more information here and a little bit more keywords on things that I might want to put into my listing. There's a lot of filters here. Like, maybe I just wanna see all the keywords that have over a thousand search volume, I can use that filter. Maybe I wanna have all of the keywords that have at least three words right, I don't want any one word phrases, I don't want two word phrases. You know I could use that filter. Tons of filters here. Maybe I'm interested in what are all the keywords that have a title density? Maximum three, all right. What does title density mean? Title density is the number of products on page one of the search results of a keyword that have that exact search keyword in its title. So there's tons of different filters you can use.
Bradley Sutton:
And then again, this is a great way to round out your keyword research or perhaps get other ideas how to get top level information on a group of keywords. All right, let's just say that you came up with, you know, 30 keywords from Cerebro that your competitor is beating you on. Or let's just say you've been, you know, getting a whole bunch of data off of Amazon, like you've been looking at Pinterest trends or Google trends or TikTok hashtags or whatever, and you just have this random list of keywords and you're like, hey, I just wanna see you know what's the search volume of these keywords. Let me show you how you can just get some really quick information without having to, like one by one, go through these. All right, so let's just use the scenario, first of all, that maybe you were on Cerebro and you found nine different keyword phrases that your competitors are beating you on and you maybe wanna know what is some information on those keywords. Well, I'll just go ahead and copy these keywords right here and I'm actually going to paste them into Magnet. All right, and again, these keywords can come from anywhere.
Bradley Sutton:
Now, where I want to go, if I want to analyze multiple keywords, is the second tab of Magnet, all right, so once you're in Magnet, hit the analyze keywords tab and then go ahead and paste all of those keywords. I can put up to 200 in here and then you can hit the button analyze keywords. All right, now what comes up is not all of the long tail keywords or not the loosely related keywords. This just brings up the exact keywords that came up. All right, from the ones I pasted, and now I can just see the information, such as the estimated keyword sales for each one. I can have the buttons that go to the brand analytics. I have the search volume for each keyword. Let's just say these were the keywords that my competitors were beating me on, or that my competitors are on page one from. Well, the cool thing here is I can actually see a keyword summary of the total search volume. So instantly I'm like, okay, wow, my competitors is beating me on keywords that have a total search volume of 7,200. All right, so there's a lot of cool information that you can see here.
Bradley Sutton:
So again, this is a great way to just get some like quick information on a group of keywords instead of having to go one by one on your keyword list, how to find long tail keywords from a root keyword or phrase. Now, why is this important? How can this make you money? Well, you might know what your main keywords are. You might know what other keywords products are ranking for, but it's important to understand that there might be longer tail versions of these keywords. Maybe they don't even have that much search volume that can really round out your keyword research, and maybe you'd be the only competitor who is ranking for these keywords, all right. So how can you do that?
Bradley Sutton:
Let's hop into Magnet. I just use one of my main keywords coffin shelf. Here and again, there's thousands of keywords that came up, but if I wanna see the long tail versions of this, all I have to do is I'm going to select the match type of smart complete, all right. So smart complete is allows me to show what keywords coffin shelf is the root of. Where are maybe there are some plural versions of this keyword? Where are some keywords where the order is different than the original word?
Bradley Sutton:
Do you know how you do autocomplete on the Amazon search bar? If you type in coffin shelf, it'll just show you keywords that just start with the word coffin shelf. But look at some of the words that came up when I did smart complete here for coffin shelf. I see coffin shelves. I see coffin shelf large six foot tall. I see glass coffin shelf. So there's a keyword where it starts with a different word. I see book shelf, coffin. So there, all of a sudden, it mixes up the words and even adds another one. Here's another one coffin wall shelf. It took those two words, coffin shelf, and then put a word in the middle of it. So this is like a great way to kind of like look for longer tail versions.
Bradley Sutton:
Now that what I just showed you, that smart complete. It's also indicative of what could come up in a phrase match target for PPC. All right. So if you do phrase match or broad match, right. So Amazon sometimes will change the order of the words. It'll add a word before, it'll add a word after In broad matches. A little bit, you know more crazy the kind of things that it does. But now, instead of just all right, let me just see what's gonna show up on a broad or a phrase match. You can actually get a preview of what kind of keywords would come up if you do a PPC campaign on a certain keyword. That's kind of crazy if you think about it. What is everybody else on Amazon doing? They're just like all right, amazon, take the wheel. You know, let's just see what you're gonna show me for no, now you can know the exact keywords that potentially could come up in one of those campaigns.
Bradley Sutton:
Another way that you can use this information is by trying to see where you know like maybe you wanna expand out in your niche, like I am selling coffin shelves here. I have this list of 3000 keywords ready to coffin shelf and I just wanna make something coffin shaped, right? Maybe it doesn't start with coffin shelf. Let me show you what you can do With the list unfiltered. The first filter you're gonna do is you're gonna go to phrases containing and then I'm gonna go ahead and put coffin there, all right. And then, once I apply the filters, now any keyword out of these 3000 that came up that have coffin in it show up. So maybe I'm like all right, where are the keywords that have at least 400 search volume that have the word coffin in it? And now, all of a sudden, I see 40 keywords.
Bradley Sutton:
Right, and if I'm selling coffin shelves, all of a sudden, something else might strike my fancy here, like I'm just looking at this and here's something that I didn't realize. There's 400 people searching for coffin coffee table all right. There are 500 people searching for coffin decorations. There's 500 people searching for coffin bowl what the heck is a coffin bowl? I might wanna look at that. There's almost a thousand people searching for coffin rug all right, and here's a creepy keyword skeletons carrying coffin.
Bradley Sutton:
These are like new product ideas that I can expand my brand out to, that I didn't even know existed and all I did was I just put in my main keyword into MAGNET and I was like, let me do a filter for any keyword out of these 3000 where coffin is in it, and now I can see tons of product potential. So here's three different ways that you can find long tail versions of keywords what might come up in a PBC campaign, or even new ideas for product line extensions, how to see the keywords in a niche that are trending up in search volume. Now, why is this important? How can it make you money If you've got a lot of keywords that you're considering to use and maybe you can't fit them all in? Or maybe you're looking for new product ideas.
Bradley Sutton:
Well, how are you gonna prioritize it? Sure, you can prioritize it by search volume, but let's just say that even there, hey, all these keywords, there's a lot of products that have this, or a lot of keywords that have the same search volume. Well, how do you prioritize then? Well, what I like to do is I like to prioritize by the ones that are trending up. Right, if a keyword is going down in popularity compared to last month, I might not wanna focus on that keyword. So how can I easily see which ones are trending up?
Bradley Sutton:
There's a filter right here in MAGNET. So if I have any search results up in MAGNET, all I have to do is look for the filter search volume trend. And maybe I wanna see something that has a minimum of 50% increase compared to last month. I'm gonna put a minimum of 50 and I'm gonna hit apply filters. And now any keyword that has a big trending up is going to show up here. And look at this. Oh, my goodness gracious, I see coffin Zen garden is up 104% on search volume compared to last month. Coughing candy bowl is up 261%. So if I was looking to prioritize keywords, do you think I'd wanna prioritize some keywords that are up by over 100%, absolutely. So an easy way again to see in your niche what keywords are on the way up. Or, conversely, maybe you wanna see what keywords are on the way down. Just put in any keyword into MAGNET, check the related keywords and use that trending filter how to find common root words in an overall keyword niche. Now, why is this important? Well, again, I like to use this almost as a product research tactic. It could be, and also a PPC play too.
Bradley Sutton:
When I enter in Magnet a certain keyword, that's my main keyword and I'm looking at a whole bunch of loosely related keywords. Maybe there are certain trends that I don't realize. Like it doesn't take a rocket scientist to understand that if I put in coffin shelf, there's probably gonna be a lot of coffin related keywords, but sometimes there might be other keywords that could give you other ideas that you weren't even thinking about. How can you find that? Let me show you. Let's just say I searched coffin shelf here in MAGNET. I'm gonna look at this box called word frequency and what this means is, of all the search results that are showing up and I can also filter it down even a little bit what keywords appear the most in the phrases. And again, just like I thought the number one keyword here or actually the number one keyword is decor at 1000, but then coffin was 600. But maybe there's something else here that looks interesting. Like, for example, I see a spooky and I'm like spooky, 131 of these keywords have the word spooky in it. So if I hit spooky, what happens is is now all of the keywords on that list that start with the word spooky are gonna show up here and I can start getting some ideas. Like look at this 38,000 search volume for this keyword. Spooky basket 1400 search volume for spooky home decor. Spooky desk accessories has a couple hundred searches a month. All right. So now, all of a sudden, I just discovered, maybe in like a new sub niche where I'm looking at coffin shelf. But I see, wow, look how this keyword spooky is trending in so many of these keywords. And again, I can use these keywords in my listing or use it as potential PPC test or use it as an idea generation for new ideas for my brand. All right.
Bradley Sutton:
Last strategy of the day how to instantly see the most search terms on Amazon that start with a word or phrase? All right. So this is pretty cool. Like how can this help you out? Well, you know, you might just be doing very, very like kind of low key research where you discover something you're like, all right, well, what is the most search term? Like, hey, I saw this garlic press, you know, is garlic press the most search term that starts with the word garlic? Or is there something else you know, coffin shelf. Is coffin shelf the highest search term that starts with the word coffin, or are there longer tail versions of this keyword that have even more search volume?
Bradley Sutton:
Check out a super simple way to find out in seconds which keywords are the most searched. When you start with any letters, word or phrase, all you have to do is just go directly to magnet guys and start typing. That's it. So let's just say I'm gonna type in coffin. If I pause just a few seconds, any keyword that has a lot of search volume is gonna show up here. And here I can see that the number one keyword that starts with coffin it's not coffin shelf. Coffin shelf isn't even top 10. It's coffin charcuterie board. That's crazy. I didn't realize that. All right, maybe I'm wondering. All right, what are the most search terms that start with coffin shelf? Here we go coffin shelf is number one. Coffin shelf large is number two. I mentioned garlic press earlier. What are the most search terms that start with the word garlic? Well, whatever shows up here in this autocomplete, right here in magnet, it is the words. It is sorted by the number of searches. All right, so I can see. If I put in garlic, the number one keyword is garlic, number two is garlic press, then garlic powder. So any keyword you can possibly think of on Amazon.
Bradley Sutton:
If you're just really curious, hey, what are some other keywords that might start with this keyword and one of the most search ones? Just start typing anything you want into magnet. Don't even have to click anything. Whatever comes up in the magnet autocomplete are the highest search terms. All right, guys, there you have it. We just did, I think, by my last count, 31 keyword research strategies over the last three episodes. Now don't just sit there and be like oh wow, that was amazing, Bradley, those are some incredible strategies and that's it All right. That does nobody any good. That means I just wasted my breath here in all these strategies. What I want you to do is pick some of these strategies and start doing it right now on your own account.
Bradley Sutton:
Maybe you haven't even found a product yet, but there was ideas that I brought up in this keyword research on how you can find product ideas. Maybe you've got an existing brand and now you know of how you can come up with expanded ideas by doing keyword research. Maybe you've got your product on the way to you right now from your supplier and you need to start building your listing and you wanna make sure you've got the best keywords. These 31 strategies are going to help you with that. So, guys, hope you enjoyed these episodes. Bookmark these, go back to it, refer to it. I'm gonna try and put copies of these videos also inside of our tool and inside of our Helium 10 Academy so you can have them as reference. Let me know, guys, in the Helium 10 members Facebook group or, if you're watching this on YouTube, in the comments. Let me know which one of these strategies you thought was the coolest, which ones that have helped you find new keywords that can help you get those extra thousands of dollars of sales on Amazon. | |||
| Helium 10 Buzz 8/8/24: Shop Amazon From TikTok?! | Amazon Holiday Fee Increase | Temu/Shein Increasing | 08 Aug 2024 | 00:17:51 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, talk about Helium 10’s newest features, and provide a training tip for the week for serious sellers of any level. Amazon to let TikTok users shop select products without leaving the video app https://seekingalpha.com/news/4137470-amazon-to-let-tiktok-users-shop-select-products-without-leaving-the-video-app-report UK TikTok Shop fees rise to 9% from September https://channelx.world/2024/08/uk-tiktok-shop-fees-rise-to-9-from-september/ Temu, Shein and Aliexpress are attracting US customers in their millions https://www.techradar.com/pro/temu-shein-and-aliexpress-are-attracting-us-customers-in-their-millions-poll-shows-and-thats-despite-the-fact-that-the-vast-majority-do-not-trust-these-online-chinese-retailers-in-the-first-place Plan your agenda for Amazon Accelerate 2024 https://sell.amazon.com/blog/accelerate-agenda-builder Lastly, get ready for Amazon Accelerate 2024 with tips on making the most out of this event by planning your agenda for the conference. Also don’t forget to join us for the Elite Workshop in Seattle. Don't miss out on these game-changing insights on the latest episode of the Weekly Buzz by Helium 10! In this episode of the Weekly Buzz by Helium 10, Bradley covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton: You're going to be able to run Amazon ads on TikTok and users are going to be able to purchase from Amazon directly from TikTok. Amazon has increased its fees for fulfillment in Q4. These stories and more, on this week's Weekly Buzz. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that is our Helium 10 Weekly Buzz, where we give you a rundown of all the goings-ons and news stories that are going on the Amazon, TikTok shop and e-commerce world and we give you training tips of the week, as well as let you know what new Helium 10 features will give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing.
Bradley Sutton: All right, let's go ahead and hop into the news. We don't have as much quantity wise as stories as last week. We had a record 14, but we've got some bangers here today, so let's get into the first article. It's actually from seekingalpha.com. I don't think I've ever quoted that news website, but look at this. This is a doozy, guys. If it is what this article says, it is, but it says Amazon is going to let TikTok users shop select products without leaving the video app, all right. So what does that mean? Sounds like it's just what it says. It says Amazon is teaming up with TikTok to enable e-commerce shopping on the short content video app. All right, so this is actually citing an Amazon spokesperson. So it's supposedly now TikTok users can buy items from Amazon ads that are going to be run inside of TikTok. So they're scrolling TikTok not necessarily TikTok shop, but just regular TikTok and then somehow there's an ad on there and they're going to be able to purchase without even leaving TikTok. Now this, to me, is kind of a little bit mind boggling, because, you know, I would think that TikTok wants to prioritize TikTok shop.
Bradley Sutton: But this is interesting. It recognizes, hey, amazon has got a lot of products that maybe people want to buy from there, and so now it says here this Amazon spokesperson says in app shopping with Amazon, is it going to be available for select products advertised on TikTok and sold by Amazon or independent sellers. So basically, what's going to happen, like Instagram and TikTok and others, is, with these new ads, users of those platforms can link their social media accounts to their Amazon profiles and check out within the social media apps using the payment and shipping information they've stored with Amazon. And I guess this the information which is the original source of this news article says that the social media ads are going to show more details that a shopper would find on Amazon's website prices, estimated shipping times, even prime eligibility. So that is a how cool? Is that? Pretty cool, I think. Like if, if you can now run targeted ads like that would be the key to me. Like is it only going to show up, you know, if I'm doing some kind of sponsored display ad or DSP or something like that, and then and Amazon randomly shows me. Or can I target TikTok directly? Can I target hashtags? You know would be interesting. What effect is this going to have on TikTok shop itself? What will be interesting to like? Already, TikTok users are getting kind of upset with how many you know products come to their feed right From TikTok shop. They're still buying it, but you know, like is this going to flood even more e-commerce and might give people some TikTok fatigue? I guess who knows what's going on, but this was interesting breaking news today.
Bradley Sutton: Next article that we have going on is actually from Seller Central itself, and it's another week. Another news article about raising fees. But this shouldn't be, you know, like earth shattering or something. This is what happens every year. It doesn't matter who you use to ship, you know fulfillment fees increase. Shipping prices increase a lot of times across the board during Q4. So it's saying that, hey, starting October 15th through January 14th, there is going to be peak fulfillment prices. All right, it's going to apply to all products and it's going to be the same within a specific size band. It says and this is going to apply for, you know, remote fulfillment, multi-channel fulfillment, buy with Prime and more. And it says the fulfillment fee is going to be the same as it was last year, except for products priced under $10, because that is going to have a new fee or a new fee in 2024. Because remember the what is it? Small and light no longer has it and they have something that's for $10 and below.
Bradley Sutton: So I would recommend guys going into seller central and checking out the new like size tiers, like just just as an example. You know, don't think this is something that is going to increase your cost 50% or something crazy like that. For example, let's just say you've got a large standard item I think my coffin shelf is one of those, and it's one point or two to 2.25 pounds I think that's my coffin shelf, I'm not sure, uh. Or if it's two, 25 to 2.5, it's $6 and 5 cents. Let's say I'm paying $6 and 5 cents, now that is going to go up to a $6 and 44 cents. So I mean, that's not nothing, right? You know it's 40 cents per unit on my coffin shelf, all right. So just keep that in mind. That's. That's something that's going to happen.
Bradley Sutton: You know, some, some sellers raise their prices during Q4 because they know the conversion might be higher, especially during peak shopping times. But just know that if you don't raise your prices, your profit is going to go down due to these fee changes. So again, check your Seller Central dashboard for the links to the articles that will talk about what size tier you're on and what your price was and what it would be, etc. Speaking of fee increases, TikTok shop has fee increases. It's going to nine percent starting in September, but this is for TikTok UK, all right. So I don't have any new information on am. On USA, remember, I think I believe TikTok UK was actually started before USA, unless I'm mistaken. So that could mean that in us. You know some of these fee increases might come behind, but they were at five percent for UK sellers and it is going to 9% for UK sellers, all right, so take a look at. If you're selling on TikTok UK, uh, make sure to check out this article. If you're selling a TikTok Shop US, don't even. You can just skip over that. It doesn't apply to you yet, but just a heads up for you. Uh, selling on Tik TOK in UK. Moving to other platforms, talking about Amazon, talking about TikTok, we're going all over the place.
Bradley Sutton: Today, let's talk about Temu Sheen and AliExpress. Per an article on TechRadar, it says Temu Sheen and AliExpress are attracting US customers in the millions and this is the funny part and that's despite the fact that the vast majority do not trust these online retailers in the first place. All right, so what's some of the numbers? They polled 4,000 people in the US UK polled 4,000 people in the US, UK, Canada and Australia, and they said that 60% of respondents had shopped on one of these three websites in the last year, with 50% of them shopping at more than one. I am not one of them. I'm not on there yet. 72% of people knew about Temu 55% knew about Sheen. 48% of online shoppers, it says, bought items from Temu, 42% from Sheen and 28% from AliExpress. That's mind boggling to me, like I don't know any American people who know about AliExpress. You know outside of you know us Amazon sellers, right? Some of the popular items is adult clothing for Sheen 57%. Household items on Temu 35%. Now this is the funny part here Even though all of these sales, all these people 50% shopping on Temu right, 94% of these respondents said they don't trust Temu, but they're still shopping on there. That's kind of ridiculous to me. If you don't trust them, why are you shopping on there? So that's kind of interesting to me. Is growing in popularity. Like I told you a few weeks ago, I'm investigating starting selling some of my products on Temu to see how that goes, shipping from US and having a higher price, obviously, than the Chinese sellers. Let's see how that goes. I'll have my results on that in a few weeks. I'm also trying to get Project X up on Temu as well.
Bradley Sutton: Our next article is going back to Seller Central and it is entitled Give Returns a Second Life with FBA Grade and Resell. I don't enroll in this, or I haven't enrolled in this. I'm wondering if has anybody out there enrolled in this FBA Grade and Resell? Because what it does is it says it grades and relists your return products, allowing you to recover value and give them a second life. It's a set it and forget it system and it's a fee-based so. So take a look at more details. If this is right for you, you know, if you're getting a lot of returns and you don't want to have it come back to you or you want to have Amazon take a closer look before putting it back in inventory, maybe this uh service you know could be for you. FBA Grade and Resell. Do a search on that and your seller central dashboard and you will get information on it.
Bradley Sutton: Next news article is just almost like a throwaway news article. I just thought it was funny because I probably have owned um more Kia souls than most people Like. I think I have owned eight different Kia souls over the last 10 years. I've got two Kia souls right now. Like for my family, uh, my daughter has had three different Kia souls. All right, so we have. We were a Kia soul family. But this article is entitled I think this is from Bloomberg Amazon is testing speedy delivery featuring Kia Souls, all right. So this is kind of like to counterbalance how much they rely on the flex drivers of souls. I'm doing it, but I don't think it's a matter of, oh, if you drive a Kia soul, maybe you can get hired as an Amazon delivery driver. It's actually the opposite, I believe. It looks like maybe Amazon is going to buy their own Kia souls or something and instead of having a like sometimes flex drivers, you know, like have you ever had your Amazon products delivered by door dash drivers or Uber drivers? Or like random strangers, like pulling up to your life, who's this pulling up to my house? Oh, shoot, it's just an Amazon delivery. All right, those are flex drivers. They're not necessarily Amazon employees, but I guess instead of having to rely on that, they want to have like take it in house a little bit and maybe they're going to be buying a fleet of of Kia souls. Interesting. I used to have a blue electric Kia soul. I don't have it anymore, but look, look kind of like the Amazon blue. I wonder what color these Amazon delivery Kia Soles will have. But now you see a Kia Sole pulling up in your neighborhood. It's probably either me or my family or an Amazon delivery driver.
Bradley Sutton: Last article of the day is an announcement by Amazon saying hey, you can now plan your agenda for Amazon Accelerate 2024. This is the event of the year that you should go to. It's September 17 and 19 in Seattle. You guys have known about that. If you want to sign up, go to h10.me forward slash accelerate. But this announcement is about oh, by the way you know, it talks about seller cafe super important. If you have any issue with your Amazon account at all, seller cafe, set an appointment. You can get it fixed. Most likely, if you're on the right, these guys know what they're doing. If seller central hasn't been able to fix something, I almost guarantee I can't guarantee completely I don't work for Amazon, but I almost want to guarantee that that those seller cafe people can fix it for you. But anyways, the thing that's new is you can now do your agenda. So if you've signed up or are planning to sign up, you want to see what kind of agenda is like. You know when is Martha Stewart speaking, which, which she is and what are the other executives and when is Amazon going to release that? Go to the agenda builder. Mine's not on there yet, but I'm a speaker at Amazon Accelerate myself. So make sure those of you going, you guys put me on your agenda, my speech that I'm going to be doing. We're doing a 15 at Amazon Accelerate and along those same lines for those going to Amazon Accelerate or maybe you just live in Seattle or you want to fly to Seattle, not go to Accelerate just hang out with us.
Bradley Sutton: Any listener of the podcast you can attend our elite workshop for free on the 16th. Space is limited, so this is not unlimited. It's going to sell out. We're capping at like about 100, 125 people, but we're going to have Kevin King speaking there. We're going to have Destiny I 25 people, but we're going to have Kevin King speaking there. We're going to have destiny I'm going to be there. Jeff Cohen from Amazon advertising Uh, we'll, we'll be there. We'll have some food and beverages. It's going to be from one to 6 PM on September 16th. So go to h10.me forward slash Seattle to get tickets. H10.me forward slash Seattle and it's free for now. All right, um, you know, usually you have to pay like 300 bucks to get into these high level workshops. We have rubbed shoulders with Kevin and Destiny and others, but this one for podcast listeners is going to be free, but while tickets remain, all right, it's going to sell out and then I can't guarantee your entry. I'll see you in Seattle, all right?
Bradley Sutton: Next up, let's go ahead and combine our training tip of the week with a Helium 10 feature update. It's not really a feature update, but we revamped and made our keyword sales estimations even more accurate, all right. So this is why is keyword sales estimations an important metric? Search volume, obviously, is great. It's a great way to kind of prioritize your keywords. Why? Because you know, maybe you have 10 relevant keywords. You want to know which one to put in your title. Well, if they're all equally relevant, you're probably going to pick them over the most search form. But in addition, what is the reason you're doing that? Well, the reason you're doing that is because you're assuming that the ones with the most search volume can lead to the most sales. Right, and that would normally and in most situations absolutely be a hundred percent accurate statement. All right, but I said most situations, because sometimes you'll have a keyword that has less buyer intent. What does that mean? That means you know a hundred thousand people are searching it, but maybe only 1000 people are actually buying something after it where you could have a keyword with 20,000 searches and 2000 people purchasing a product because it was so specific that it has a lot of buyer intent. So you can see that looking just at search volume sometimes is not the best way to look at things. Well, Helium 10 has keyword sales estimates and they revamped the algorithm and it's pretty cool because I was just doing some testing on my top two keywords Everybody, everybody right now.
Bradley Sutton: Who's seeing Project X and the coffin shelf. What is our top two keywords? You probably know coffin shelf and gothic decor. So take a look here at where this metric is and let me just show you something super cool. All right, so I'm here right now in Magnet, Helium, Magnet, I put my top two keywords, coffin shelf and Gothic decor and, as you can see here, this is interesting. Coffin shelf has 3,900 searches a month estimated and Gothic decor has 15,000, but you would think that maybe is it three times as many sales that Gothic decor has in coffin shelf. No, um, look at this. This is actually kind of crazy. Coffin shelf has 18 keyword sales, but Gothic decor has 147. So actually, Gothic decor has a lot of buyer intent, even more than coffin shelf. The conversion rate from sales to search volume is a lot higher on Gothic decor.
Bradley Sutton: Now don't get it twisted. That doesn't mean that Gothic decor is a better keyword. It's not, you know, like Gothic decor. If you look at the people who buy things on Gothic decor, they're buying all kinds of products. They're not really buying coffin shelves, you know per se. Okay, so take a look at this. Um, let me just show you, uh, how accurate this is. Like you can't do this always, but I just. These were the first two keywords I tested, because this is what's near and dear to my heart. Right, I love how Amazon shows data, because when Amazon shows more data, sometimes people say, oh, amazon showing search query performance and brand analytics and this and that, and why do I need Helium 10 anymore? That's like incompetent. I'm like no, it's great, because the more data that Amazon shows, the more you could actually kind of prove that Helium 10's data is correct. So watch this. I went inside brand analytics, top search terms, and I looked first at coffin shelf, right, and this is not something you can do a hundred percent of the time. And, and Helium 10 is not going to be like a hundred percent. Uh, exactly, you know aligned with this, but it's just one of these things that just shows you how accurate Helium 10 is most of the time.
Bradley Sutton: Take a look at this coffin shelf. It's telling you that there were pro, there were three products that had. One of them had 5.56% conversion, one of them had 33.33% and one of them had 5.56%. And then you can add those three numbers up, subtract it from 100% and then get like the remaining amount of conversions right Now. Here's the thing. That's on an actual number, right? So if you put in some random number like 153, and then you took 550 or 5.56%, it might come out to some number that that has like this decimal place, and then you know that, well, it's probably the wrong estimate because it's not exactly like that should be a whole number. So watch this. So I put those percentages here in a Google spreadsheet 5.56% twice 33.3% and the remainder is 55.55% Anyway.
Bradley Sutton: So what did Helium 10 say? Was the sales again 18. So if I put 18 right here and I have this calculation, that goes it. Look, it works out to a perfect whole number here. All right, so the first product, and now I can actually see how many sales did that product have the top three. They had one sale, all right. This one had six sales, this one had one sale. So pretty cool, right? Uh, it came out perfect. Now what about Gothic decor? Let's take a look. Gothic decor we said 147, uh, sales, and then, if you look at brand analytics, uh, we have percentages of 1.36%, 1.36%, and then another couple of numbers here. I put it here Actually they're all 1.36% and that means 95.92% is the other orders. So let's put the Helium 10 number of 147 in here and survey says look at that, it comes out to a perfect number here of two sales, two sales, two sales and the rest of the product 141 sales.
Bradley Sutton: Now, like I said this, you can't just do this cross-check. It's not always going to line up perfectly, especially when we're talking about, you know, ones where it says zero sales or 50% or something. But you know Helium 10 has other algorithms. That's why we're able to keep so, so accurate here. But now, guys, you know, take a look at that data about keyword sales. I think it's going to be very beneficial for you to look at that number so you can prioritize keywords based on which ones have the most buyer intent. So if you have a Platinum Plan at Helium 10, you're going to see the keyword sales estimate in Magnet and Cerebro. Make sure you're taking a look at that. All right, guys. Thank you so much for joining us this week. Don't forget to tune in next week to see what's buzzing. | |||
| Helium 10 Buzz 11/9/23: TikTok Fulfillment | Walmart Black Friday | Amazon Analytics Update | 09 Nov 2023 | 00:25:43 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. TikTok Creating Its Own eCommerce Fulfillment Network https://www.pymnts.com/news/ecommerce/2023/tiktok-creating-its-own-ecommerce-fulfillment-network/ Amazon beefs up Prime loyalty program with One Medical discount https://www.cnbc.com/2023/11/08/amazon-beefs-up-prime-loyalty-program-with-one-medical-discount.html FTC: Amazon halted Seller Fulfilled Prime enrollment despite strong delivery performance https://www.supplychaindive.com/news/ftc-amazon-lawsuit-seller-fulfilled-prime-enrollment-shipping-delivery-performance/698780/ Walmart Black Friday deals 2023 start today https://www.yahoo.com/lifestyle/walmart-days-of-deals-2023-day-6-165846150.html Watch how Amazon delivers to customers in favelas across Brazil https://www.aboutamazon.com/news/transportation/how-amazon-delivers-to-customers-in-favelas-across-brazil Stay updated with the newest features from Helium 10 that can help you stay on top of your Amazon game. Plus, stay tuned for Carrie's hands-on tips for leveraging the power of AI inside our Listing Builder tool for quick and efficient listing creations. So, gear up for an expedition into what’s buzzing in Amazon, Walmart, and E-commerce with us!
In this episode of the Weekly Buzz by Helium 10, Bradley covers:
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Bradley Sutton:
TikTok Shop is building out their fulfillment network. Have you used the new customer loyalty dashboard in Amazon? Seller Central? FTC again gets things wrong in their case against Amazon. Walmart Black Friday has started.
Bradley Sutton:
These stories and more on today's edition of the weekly buzz. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I am your host, Bradley Sutton and this is the show that is our Helium 10 weekly buzz, where we give you a rundown of all the news stories that's going on in the Amazon, walmart and e-commerce world. We also give you all of the new updates for feature alerts to Helium 10, and we give you training tips of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing. We have a lot of news articles today, so let's go ahead and hop into it Now. The first article that we have today is actually from paymentscom and it's entitled TikTok is creating its own e-commerce fulfillment network. Now, this is interesting because this is not completely new news. We've talked about some of our Helium 10 elite members who have gotten in the beta program on some of these fulfillment, but for most of you who sign up for Tick Tock shop, you have to fulfill your own products or maybe fulfill it through Amazon, but they've been investing in a warehouse and fulfillment network. According to this article, wall Street Journal also confirmed that you know, talking about some of the endeavors that they're doing, so they're really making some kind of like waves in the industry, just even without fulfillment. It's kind of amazing what they're doing, because they're investing a lot you know, like giving sellers the ability to not have, you know, commissions for right now and giving incentives to influencers to promote products. So now imagine once their fulfillment network is fully in place. It's going to be pretty cool. What's you know to be selling on Tick Tock shop?
Bradley Sutton:
Next news article is actually from your seller central dashboard, and this is just a reminder about something that released a little bit ago on Amazon. It's called the customer loyalty analytics dashboard. Now this news article that came out talks about how it helps brand segment and reengage customers based on their past purchase behavior and engagement with your brand page. Some of the things that it allows you to do are identify high value customers, build your strategy for the right customer, engage customers at the right time, it says optimize marketing ad spend, reduce customer acquisition costs. So if you haven't taken a look at it, it's in your customer loyalty analytics page and it's, you know, in the similar places brand analytics and you can see a lot of interesting information, you know, at the weekly, quarterly, monthly or even yearly level, and you'll see some interesting unique metrics that you've probably never seen before, like the number of hibernating customers that you have. You'll see some interesting charts here.
Bradley Sutton:
There's also a cool feature on the right hand side that you'll be able to see. It's called new and potential customers. All right, and then it says, like you know, for for Manny's Mysterious Oddities, right here it says hey, there's 12,000 people have recently shown interest in your products but have not yet purchased, and allows you to create a promotion to send these customers a promotion code to encourage a purchase. And so if you click on this button, it actually brings you to the brand tailored promotion page that we've talked about before, and so this brand tailored promotion function allows you to send coupon codes to customers and have it show up if they happen to browse on your page again. So pretty interesting stuff, you know. Take a look at that. Have you been using it? Has it helped you at all with, you know, getting some customers on board and you can see the metrics and brand tailored promotions on how successful they are. All right.
Bradley Sutton:
Next article up here is from CNBC and it's entitled Amazon Beef's Up Prime Day Loyalty Program with one medical discount. So this is something that is going to be a subscription that's going to be $9 a month or $99 a year. All right, now what is one medical? I guess it's kind of like I mean almost like a medical insurance kind of thing. This article from CNBC says, you know, one medical operates a network of boutique primary care practices in some parts of the US and it's around major cities, and users can access care from a doctor through the one medical app and they can also schedule virtual or in-person appointments at a brick and mortar location. All right.
Bradley Sutton:
So again, you know you might be wondering well, what in the world does this have to do with being an Amazon seller? Well, we always like to talk about what are Walmart doing for the Walmart Plus program? What is Amazon doing for the Prime program? The more sticky an Amazon Prime member is, you know that means they're not going to cancel their Prime because there's just so many benefits. Guess what you know. That's going to be better for you, you know, because obviously the majority of Amazon seller sales come from Amazon Prime members. So the more benefits that Amazon gives to its Prime members, that's going to benefit us, the third party sellers.
Bradley Sutton:
Now, you know we haven't talked about this in a few weeks. There hasn't been much news articles. But again, you know, FTC is showing that they really have no idea what the heck they're doing. Um, at least you know, with what I see in the news, you know who knows, maybe they've got some other stuff. That just news. You know, casters haven't picked up on, but I can only report on what I see in the news.
Bradley Sutton:
And this article is from supply chain drive and it's entitled FTC Amazon halted seller fulfilled prime enrollment despite strong delivery performance. All right. So basically, what the FTC is saying is hey, you know, uh, back in 2018, when there was seller fulfilled prime, now they're seller fulfilled prime again. You know, sellers met the delivery estimate requirement more than 95% of the time. Now FTC even said, you know, went on to say, oh, these sellers at times outperform orders covered by Amazon's own fulfillment service. Uh, had Amazon genuinely cared about improving shipping speeds, it would have encouraged seller fulfilled prime sellers to use independent fulfillment providers instead of shuttering SFP to impede those providers growth Wrong, all right, guys, this is not right. You know, like Amazon prime now, amazon prime in 2018 is a lot faster than than what the majority of sellers can do for seller fulfilled prime.
Bradley Sutton:
Amazon clapped back at this whole story. They're like saying, hey, the fact is that in 2018, the sellers using SFP Amazon says this is a quote we're promising deliveries within two days less or within two days or less less than 16% of the time. So what? What is FTC thinking that? Oh, yeah, you know the. They think that all these sellers were were beating Amazon's prime one day and same day and two day delivery. No, they weren't. You know there's a few who could match it. Sure, like these gigantic companies that had their their own humongous, uh, logistic systems and and things like that. But you know, a regular seller couldn't just go to you know from California and like, hey, let me go ahead and send this two day shipping to Florida, you know, for $5, you know, like you can with Amazon prime. No, that never was happening in 2018. It's not happening now, all right.
Bradley Sutton:
So I, I really, I mean I really wish that FTC focuses on the things that Amazon sellers, day in and day out, are complaining. You know like uh, you know sometimes the customer support uh service that they receive and and things like you know getting suspended with no notification and and differing rules and allowing a lot of hijackers and and listing abuse and and and allowing too many subsidies for for sellers from China. I mean, the list goes on and on. You guys probably have a lot of complaints for Amazon, and rightfully so. No system is perfect, but I haven't even seen any of these complaints kind of like brought up in this FTC trial. Instead, they're they're like focused on things that are like literal non issues. Anyways, I guess that stuff like makes my heart race. Let's go to the next article, and this is from Yahoo, just giving a reminder that, hey, walmart Black Friday deals. We're starting yesterday, uh, on Wednesday. We announced this a couple of weeks ago in the weekly buzz that you know it's crazy what Walmart you know.
Bradley Sutton:
Black Friday you know used to be Black Friday. You know that's the Friday right after Thanksgiving. We're not even close to Thanksgiving, we're at the first of November and Black Friday deals are coming up. But the reason I mentioned this again is because this Black Friday deal has deals have started going on. You should see a little bit of increased traffic on your Walmart store. So so let me know over the next couple of days, are your sales up on Walmart? Keep an eye out there. You might want to check your ad spend if you're running Walmart ads, because your budgets might run out a little bit earlier If you, if you're reaching the budgets, because there's probably a lot of extra traffic on the platform at this time.
Bradley Sutton:
Now, the next announcement was actually from an email that went out to a lot of brand registered sellers and it was from Amazon brand registry and it said hey, just launched managed selling accounts tool. So this is a new self-service tool that gives users with the brand administrator rule the ability to unlock brand benefit eligibility for users that have a active seller central account. Now, in the past, you had to like if you wanted to like, give access to another account, or or maybe you know you've got a reseller selling your products. You wanted to give them the rights you've got to like contact, brand registry, support and open up a case and do all this stuff. But now you can do it directly from your managed selling accounts on your brand dashboard. So if you want more information, just go to your brand registry dashboard and you'll be able to uh to see your managed selling accounts.
Bradley Sutton:
Last up, uh, they had a cool video on one of Amazon's website, uh, and it was talking about how they deliver in a favela from Paraisopolis in Sao Paulo, brazil, and this is a place that's like a really like kind of like dangerous neighborhood it was talking about and like nobody else would deliver packages to this neighborhood. But Amazon is using AI and machine learning to be able to ship. And it was just an interesting article. You know, we've we've talked about before how Amazon delivers on donkeys in some places, but here Amazon, you know, delivering to dangerous uh uh areas where other carriers might not deliver packages to, but Amazon is. And it got me thinking uh, there was an announcement that kind of flew under the radar. But did you know that North American remote fulfillment by Amazon also now covers Amazon Brazil. Uh, when I posted that in a couple of Facebook groups, you know most of the sellers didn't even realize that. You know, I think everybody knows that NARF, or North American remote fulfillment, that allows you to take your U S FBA inventory and open up listings in Canada and Mexico and be able to deliver there. But now, as long as you've got your Amazon Brazil set up you know you've added it as an account on your seller central and you've set up a bank account and stuff, you can actually now, uh, have North American remote fulfillment going to Brazil. Obviously it takes longer, but you know you don't have to. You know, set up inventory down there, you don't have to worry about taxes. Uh, the, the listings are translated and then if somebody buys the product it comes from your USA inventory. So let me know in the comments below did you guys know that Amazon is now shipping your FBA US inventory down to Brazil? And if you didn't know it, how many of you are have taken advantage of that? You know Brazil is a rapidly growing marketplace and so that's something to definitely look into.
Bradley Sutton:
All right, that's it for the news this week. Now one thing I want you guys to do is go ahead and follow our this podcast Instagram page. All right, it's on. Just go to Instagram and just go to serious sellers podcast. All right, serious sellers podcast, give us a follow. Sometimes I'll you know post. You know stories about my, my trips and different things on there. But mainly this has all of the clips from every single podcast episode. We do even this one, the weekly buzz. So make sure to go there If you have missed a couple of episodes. You can get some clips on recent episodes. A serious sellers podcast.
Bradley Sutton:
All right, let's go over this week's helium gas Weeks. Helium 10 feature alerts. Remember, every week we are launching new things at helium 10. Here are the new things for this week Now. The first one we talked a little bit about last week, that is in listing builder. All right, so if you guys go to your listing builder tool, you have your regular part of the listing. You know all the top of your description and bullet points and things like that. But if you scroll all the way to the bottom now you'll see a new section called Amazon post and if you have, you know if this is the actual listing and it's all filled out with the information up above. Now you can just hit a button, write it for me, and then helium 10, using AI, is going to write a bunch of Amazon post captions. All right, so this is good if you are, you know, having kind of like writer's block and you have a lot of images that you want to go ahead and put to Amazon post, but you can't don't want to have to think about making a unique caption every single time. We have a caption generator right there.
Bradley Sutton:
All right, next up a really cool feature to your competitor tracking. So for a while, we have Allowed you to add up to five competitors for every product that you have in your store and then you can start tracking if they're running coupons and get alerts, if, if they raise their price, if they lower the price, if they change their Image, if they change their title, if their BSR changes dramatically, etc. Etc. Now this was limited to, like I said, five different Competitors for every one of your products. Now, what if you've got more competitors you want to track in addition to those five? Or what if you're just like examining a new niche and you just want to start like tracking some products randomly and you don't have, like your own product to tie it to. Well, now you know, really cool we have the ability inside your competitors to just add competitors, all right.
Bradley Sutton:
So how you can add competitors to this new section? Just go to your, your main dashboard. If you've got the diamond plan and you're gonna want to hit Competitors here on the top left, all right. Once you hit competitors, this is going to show you probably all the competitors you already have here. But now, when you hit the button add competitors, now you have the option on if it's a current competitor and that means you're gonna have to tie it to one of your products so that you can get the full benefits there. But if you have a brand new product, what's new this week is now you can put potential Competitor and then you don't have to tie it to your product.
Bradley Sutton:
Like you can see here, I'm tracking a Battery operated LED light, right, and there are no competitors now. But now I can track this guy's revenue. I can track their sales. I can see they've got an $8 coupon going. I can track their price changes, etc. Etc. So super cool addition Start tracking your competitors. Guys, start looking at other niches. Maybe you're trying to expand your brand. Add those to this Competitor dashboard so you can see what's going on, not just like be able to track it in this dashboard that I just showed you. But remember, you are gonna start getting insights Into things that you said that you want to know about that might be changing with that Competitor, you know. Maybe they're ranking for new keywords, maybe they have a coupon, maybe they turned off a coupon, etc. Etc. So, super cool.
Bradley Sutton:
Speaking of insights, we've got some new changes To or some new insights that are happening in your insights dashboard. Now, for those who don't know the insights dashboard, this is like next level. You know we're giving, we're doing the work for our customers. Like, for example, you've seen my insights dashboard. It says, hey, we discovered 15 keywords that your competitors are ranking for that you are not. Hey, you're ranking For a keyword in the top 10 and you don't even you might not have noted because you're not tracking this keyword.
Bradley Sutton:
Well, some of the newer insights that we now have Refund rates. So you can see here hey, refund rates for five products have decreased by 6%. That's great. That means I'm giving out less Refunds than before. All right, the opposite. We also added as an insight hey, maybe your refund rate is increasing or your return rate is increasing. You'd want to know about that, right? Well, you don't have to be downloading your reports every week, or even looking at Helium 10 and looking at the reports there. We will give you an insight based on the settings, the triggers that you set, on what you want to know about, on if your refund rates are going up or down.
Bradley Sutton:
We have some new atomic alerts that come on your Insights dashboard. So if you use that Helium 10 Atomic and you are getting a lot of clicks or a lot of spend in a certain target, you are going to get a notification. Hey, you've got. Look at this one I got here. You've got four targets with zero sales that have spent $70 in the last 30 days. You might want to review your targets and maybe negative match that. Again, you're not having to download reports. We are telling you this information. Another new one that has come up recently that we have is your storage fees. If your storage fee month to month is dramatically increasing, you're going to get a notification now about that. We're adding new Insights left and right. Guys, this is crazy. I mean we're living in the year 3000 while other Amazon software tools are parting like it's 1999 still I mean, this is not only our have. We had these advanced tools in Helium 10 where you can find these things, but now you don't even have to use those tools because now we're just giving you these insights and giving you these notifications to let you know what's going on. So that's it for our Helium 10 feature alerts that we have added in the last week or so. All right.
Bradley Sutton:
Next up, we have got a training done by Kerry on listing builder with AI. Just a quick review on how to generate listings and let me tell you the things that she's going to show you today. I literally created two listings. I'm doing a test listings for some project, five case draws. I use her exact strategy. I created two brand new listings that were for identical products because I'm testing it in two different accounts, but it created two separate listings in about three minutes. For myself. That would have taken me maybe an hour to have done back in the old days. So how did I do that? Kerry will show you how she does it.
Carrie Miller:
When I started out in the Amazon space, I was actually a freelancer and I actually was writing listings over and over again for a lot of different companies and they always wanted to know what my secret was, and I never told them my secret. But I'll tell you my secret now. Helium 10 was my secret. I use the keyword research tools and listing optimization tools that Helium 10 had at the time, so around 2016, 2017, 2018. And now they've gotten even better. So I want to show you how to use our new tools, especially for any of you who have a hard time writing or maybe have higher writer's block, we have a great solution for you to help you really optimize your listings in the best way using Helium 10. The first thing that you want to do is you want to log into your Helium 10 account and you're going to go to tools and then you're going to click on listing builder. I'm going to show you how to do this from scratch. So what we're going to do is we're actually going to just click on add listing up here and we're going to click on get started from scratch right here. You can choose whatever language you want to do, but I'm going to show you first in English how to do this, and I'm just going to start building. I have a keyword list and I'm going to just show you this from our for our coffin shelf. Here they are. So when you click add to bank, these keywords are going to be added to your keyword bank and if you wanted to add some more, you could add some more keywords up here manually, or you can actually go ahead and import keywords from an Excel spreadsheet or, if you wanted to do a cerebral search, you can do it here. I always recommend just making sure you have all of your keywords squared away before you even start writing your listing, so you should have your list already created. The next thing is you're going to go over to the listing optimizer. Now, this has AI in it, so it's going to help you to be able to write this very quickly and efficiently and it's going to give you, you know, help you get past that writer's block. If you ever have it. You don't know where to start. This is going to be great for you.
Carrie Miller:
Now you can write if you want to, if you wanted to write your own listings. So you know Manny's mysterious, you can just go ahead and write your listing there. Or what you can do is you can add in product characteristics and this will write it for you. So I'm going to put in coffin shelf black. I'm going to put Halloween, I'll just put Gothic Dwarfers actually Gothic decor, perfect gift for a Goths. Witchy decor, maybe something like Goth decor for home, goth decor for bedroom.
Carrie Miller:
You can put as many as you want, up to 500 characters, and the more you put, the more input that you put into this, the better it's going to be. And the next thing is you can put your brand name in and the next is that is the product name. So I'm going to put you know Manny's mysterious oddities here and I'm going to ask for it to be put at the beginning of the title. You can have it put at the end of the title if you want to, and then the coffin name is, or the product name is coffin shelf. You can choose the tone. So you can do casual, friendly, humorous. I'll just put casual in there. The target audience is got Gothic, goths, halloween and I think I'll leave it at that. So the more input obviously you put here, the better these are going to be. But I want to show you how quick and easy this is. So I'm going to ask it to write a title for me and I'm going to click on write it and it's going to come up with a title for me in a very short amount of time here. That's going to be, you know, helpful for me to get started, or it's something you could use right away.
Carrie Miller:
So Manny's Mysterious Oddities coffin bookshelf with coffin mirror unique Gothic decor coffin shelf home and bedroom. So I actually I put coffin mirror in there and coffin bookshelf, which we actually don't really need those. So I'm going to go back here and I'm going to take off bat shelf and coffin mirror and coffin bookshelf here and I'm going to hit next and I'm going to try this again and I'm going to click rewrite for me. So we don't have those keywords on the list and it's going to probably be more accurate. So you want to make sure all of these keywords are you know exactly what you would want in your listing. See Manny's Mysterious Oddities coffin shelf black Gothic decor for bedroom. Witchy and goth decor for home. Perfect gift for Goss Halloween fans. Intriguing coffin shelves for your dark side.
Carrie Miller:
I'm going to go ahead and use that suggestion and you know you can if you wanted to also kind of ask them to rewrite it. It's not going to erase that once you click on use suggestion and then you can get more ideas and you can kind of manually edit this as you go and just keep getting more ideas. If you want to see if it's worded better in the second suggestion, you can do that or you can discard it. Once you click on, you know, add suggestion, it's going to cross off the keywords over here to make sure that you optimize this fully and then for the bullets you click, write it for me, and the same thing it's going to write these bullet points for you and it's going to give you some great suggestions. Now, a lot of people what they do is they use this as a great starting off point to writing their bullets. Some people use this, just just these bullets that the AI created. It really is up to you how you want to do it, and this is the most updated form of chat GPT that is integrated in here, so you can see some great stuff here.
Carrie Miller:
So goth shelf our coffin shelf is a perfect addition to your goth a come to core. It's black, eerie designs out of unique touch to any room, ideal for goss or Halloween fans looking to show off their spooky stuff. I like that. I'm going to go ahead and say use that suggestion, and then you can see that it actually crossed out some of those keywords. And if I just go ahead and say, use suggestion, use suggestion, and I use all of these as suggestions, they have pretty much used all of the keywords in there. You can also have it write a description for you and it's going to write the description and you can choose to use that or not.
Carrie Miller:
Search terms If there's anything that doesn't get used and most of it usually does get used in the bullets you can add those into the search terms and you can put that in the back end. And so if you, you know, maybe aren't a writer and you want to really get some help with your listings and you are really good at keyword research, you can put those keywords in and AI can help you. You can always go back and edit it. You can keep getting more suggestions and editing as you go. It makes it so much faster and easier. So I want you guys to check it out and let us know what you think.
Bradley Sutton:
All right. Thanks a lot, Carrie, for that training tip of the week. Have you guys used Listing Builder yet? I hope you have All right guys. That's it for the weekly buzz for this week. Don't forget to tune in next week to see what's buzzing. | |||
| #507 - 2024 Amazon Keyword Research Masterclass: Part 2 | 07 Nov 2023 | 00:41:11 | |
Ever wondered how to turn strategic insights into a goldmine? This episode brings the secrets of Amazon analytics to your ears, highlighting the pivotal role of keywords in boosting your revenues and leaving your competitors behind. We've got a masterclass in the works that will open your eyes to the capabilities of organic and sponsored ranks, the art of tracking Amazon keyword ranks, and decoding the difference between ranks in Cerebro, keyword tracker, and a browser search. Fasten your seatbelts, as we explore deeper into the labyrinth of Amazon Brand Analytics and trends. We will guide you on how to use data inside Helium 10 from Amazon’s brand analytics data to unveil what's happening with specific keywords and how to turn this knowledge into strategic decisions. Plus, watch out for our segment on the "time machine method" in Helium 10, a secret weapon to fuel your Amazon business’ growth. Finally, we'll share some hard-hitting strategies for uncovering the top Amazon keywords for your market niche and revealing hidden opportunities in keyword research. We'll discuss how to use Amazon Brand Analytics to see the history of Cerebro keyword searches, identify sales spikes, and compare organic and sponsored ranks. By the end of the episode, you'll be armed with the knowledge needed to dominate your market and boost your Amazon business to new heights. So, are you ready to elevate your selling game?
episode 507 of the Serious Sellers Podcast, Bradley discusses:
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Bradley Sutton:
Today is part two of our seller strategy masterclass, where we do a deep dive into keyword research using Cerebro, and the strategies we're going to go over today, if implemented by you and your team, could potentially mean thousands of dollars of extra revenue for you. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that’s completely BS, free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And this is now part two for a series that we've been doing that we call seller strategy masterclass, where we do a deep dive into Amazon keyword research. Now, if you haven't seen part one, you should go back and, you know, hop on that video, because a lot of what we're going to talk today is based on some of the things that hopefully you've mastered already in part one. So, for any reason you just happen to find this episode randomly, go back to episode 506. You can do that h10.me/506 and make sure to listen to that one. Take a lot of notes. Make sure you've mastered that before getting into this one. All right, for the rest of you who already watched that, let's go ahead and hop into it.
Bradley Sutton:
Last episode, we went through about 12 different strategies that can definitely help you, mainly looking at like individual products, using Cerebro and how to like reverse engineer, organic ranks and sponsored ranks, and how to use some of the advanced features of Helium 10. Today, we're going to look at even more advanced features. A lot of these are or most of these, all of these are available to anybody with a diamond and above, a lot of these are still available to anybody with a platinum Helium 10 account as well. But again, even if you don't even have Helium 10, let alone one of those plans, still pay attention to this, because these are strategies that you should be using, regardless of what software you're using. It's literally stuff, some of this that I would say 95 to 98% of Amazon sellers even if they have Helium 10, they're not using it, so it really can give you a competitive advantage over others. Again, the way that we do this in case you forgot it from the last episode instead of just making this some step by step guide, we'll show some step by step, but the main focus of this is to give you goals. All right, all right, all right.
Bradley Sutton:
So this is like a how to guide. We're going to say stuff like how to compare organic and sponsored rank to the being the top clicked in brand analytics. All right, so we're going to start off with a how to and then, as soon as we do that, we're going to talk about well, why is this beneficial? Why do you even want to achieve this goal? What can it mean to your bottom line? And then we're going to get into the strategy. Ready to go? All right, strategy 12. How to start tracking Amazon keyword rank up to 24 times a day. Now, why would you even want to do this? How is this beneficial to you? How could this make you money?
Bradley Sutton:
Well, as we have talked about in previous videos, the ranks organic and sponsored that you might see inside of Helium 10, Cerebro are either from, could be from today, could have been from five days ago, could have been from 29 days ago. It's anywhere between one and 30 days old. We're not checking it completely actively. It gives you just a holistic look at ranking. Now there might be something that you really want to focus on, like your top keywords. You might not want to see something where it could have been taken last week. It could have been taken a couple of weeks ago. You really want to focus on that keyword? Well, in that case, you're going to want to be looking at your rank a lot more frequently than just looking at it, you know, once a day or even once a week. So one of the ways that you can do that, if you really found some good, most important keywords for your listing, is by exporting to a different tool keyword tracker.
Bradley Sutton:
And again, just to kind of set the scene here, what is the difference between a rank in Cerebro, a rank in keyword tracker and a rank you might see on your browser right now? You know, some people say wait a minute, how come my rank is different from what I see in Cerebro, to what I see in my browser? Remember, these are not estimates that are taking us to Cerebro. This is an exact rank taken from an exact browsing scenario. You could have 10 people at the very same time in different parts of the country. You could have three people in the same house at the same exact time search for something on Amazon, and it could be different ranks. All right, whether somebody's on a mobile browser, somebody's on Safari, somebody's on Chrome. Somebody signed in, somebody signed off. Somebody signed in in Los Angeles, California, somebody signed in in Brooklyn, New York. It could have different ranks. It usually doesn't fluctuate that much, but that's why you might see something different. It doesn't mean that one is wrong and one is right. They're all actual ranks but, you know, based on the browsing scenario, amazon might show something different.
Bradley Sutton:
Anyways, how can you track up to 12 or 24 times a day? Let me show you how. You're going to want to take your keywords that you want to go ahead and export let's just say, coffin letterboard, halloween DVD collection and coffin bookshelf. So you go ahead and click this button, add to keyword tracker, find the product that you're wanting to add this to, and you can add track a new product if you haven't added this to your keyword tracker before, and then, basically, you are going to automatically have these products in keyword tracker. Now, once you go over to keyword tracker, you should see those new keywords that you had added in here. Now I mentioned at the top of this section is how to do it 24 times a day. Well, by default, keyword tracker, unlike Cerebro, it's checking once a day. If you wanted to check up to 24 times a day. You're just going to hit this little rocket chip that is next to each keyword and then now you are going to get ranks 24 times a day for this keyword. So that's just a great way. Again, if you want to get more into detail on keyword tracker, there are other videos that kind of help you with that.
Bradley Sutton:
So that's just one of the ways to export keywords out of Cerebro. There's actually a couple more ways that you can do that. One of the ways is a lot of people like to manipulate the data, maybe in an Excel spreadsheet All right. So if you want to do that, all you have to do is hit the export data button directly from Cerebro and then you could say, hey, download to a XLSX file or a CSV file, and then what that does is it downloads all of the raw data, keywords and all the search volume and everything into an Excel spreadsheet, and then you might be able to do a little bit more filtering or something like that that you might not have been able to do inside of the Helium 10 dashboard.
Bradley Sutton:
A third way that you can export the data from Cerebro is to our word processor tool, which is called Frankenstein. All right, so if you export, if you hit export and then you hit it to Frankenstein, what it's going to do is it's gonna open up a new window and it's gonna open up Frankenstein. So what this allows you to do is it allows you to take away duplicates and maybe filter out certain words, allows you to do word counts. You wanna see. Hey, show me all of the keywords that have at least four words. Show me all the keywords that have coffin. Take out any keyword phrase that has Halloween. Whatever you wanna do in Frankenstein, you can manipulate the keywords in that way. If you wanna have a better instructions on how to work with Frankenstein, there's a video that's in the Frankenstein tool that helps you with that. So there's three different ways to export. Number one go to Keyword Tracker. Learn how to track these keywords 24 times a day in rotating browsing scenarios. Number two export your keyword list to Excel and then manipulate the data that way. And then, number three export it to our keyword processing tool, Frankenstein. That gives you even more options.
Bradley Sutton:
All right, let's get into the next strategy how to see the top clicked and top purchased products for a keyword using Amazon brand analytics data. So Amazon brand analytics is something that Amazon released about two, three years ago, really helpful. It is a data point that tells you, for any keyword, what were the top three products that were clicked and then, from those top three click products, what was the percentage of their click share and what was their percentage of their conversion or purchase share. For any keyword that comes up in Cerebro, you can actually see that number. Now, why is this important? How can this metric help you make money? Well, all keywords are not created equal. All right, there are some keywords that result in a lot of clicks and a lot of purchases. There are some keywords that don't have a lot of purchases. There are some keywords where maybe the top three products that are clicked, they're dominating the clicks, they're dominating the purchases. There are other keywords, when you add up the top three products that are clicked, that they might not have a big percentage of the overall clicks and conversions for a keyword, and that could give you information to let you know, hey, that market might be a little bit more wide open. There's a lot of ways to look into this data and get ahead of the game. Like you might wanna focus on a keyword where you see a couple of really bad listings that are just dominating the sales, and you know that you can take over. That might be a more attractive keyword to focus on as opposed to something else. So how do you do that? Let's go ahead and hop into it In your Cerebro results.
Bradley Sutton:
You'll notice one of the columns. There's two columns. It'll say ABA, which stands for Amazon Brand Analytics Total Click Share and ABA Conversion Share. Now, right next to that, you're gonna see a little graph button, so like, for example, I can see Coffin Shelf and it says ABA Total Click Share 30.5%. What that means is the top three click products over the last month or over the last week for that keyword resulted in 30.5% of the overall clicks. It says ABA Total Conversion Share 15% for that same thing. Now, that right there just tells you something that you know, because, theoretically speaking, if the conversion rates were all created equal, if three products got 30% of the clicks, they should get 30% of the sales. Right, if all things were created equal. But this means that of the top three click products, a lot of people are clicking out of it and that means 85% of the sales that come from these keywords are not even from the top three clicks. So that right there might give you some strategy that you can look at. You can actually filter in the Cerebro results for this top three total click share and top three total conversion share.
Bradley Sutton:
Another thing you can do is click on the graph. Like, if I click on this graph that is right next to ABA Total Click Share, another graph comes up and you're gonna wanna put your mouse over the different months or the different weeks. I can actually change the date settings to say, hey, I wanna look at this data on a weekly basis and maybe I'm just gonna look from October 1st all the way to October 28th and now, week by week, I put my mouse over this graph and then here at the bottom I can see which ones are the top three click Like. For example, for this week, October 22nd to October 28th, I can see that my product had 9% of the clicks. It was number three and it had 11% of the conversions. So that's pretty good. Look at this. There was one other product on here that had 13% of the clicks but only 3% of the conversions, so their conversion rate was not very good. So again, a lot of great data that you can see in here. This comes directly from Amazon. This is not some estimate from Helium 10 or some algorithm. This is directly from Amazon. So use this data in order to get some additional insights into what's going on on certain keywords. All right.
Bradley Sutton:
Next strategy how to compare the organic and sponsored rank and see how it relates to being one of the top three click products. Now, why is this beneficial? How can this make you money? When you talk about spending money on Amazon, as an Amazon seller, what do you think? You spend a lot of money on Sponsored ads? You're probably right, right. Apart from inventory, of course, and shipping and things like that, what do you pay Amazon the most for? It might be PPC, and so you wanna know hey, am I getting the best bang for my buck with my PPC? Do I even need to invest heavily in staying at the top of search for PPC? Do I need to, like, stay top of search and do some kind of campaign to bring my organic rank up? There's a lot of these questions that you might have, and without looking at this next measure, I'm gonna tell you you might not be able to see the answer. So let's go ahead and hop into this. How you can see this If you click on the graph inside of Helium-Tensoribro, on one of the ABA total click share figures here and, by the way, if you see an NA, that means it wasn't available inside of Amazon brand analytics, so let's go ahead and click on one that has the graph.
Bradley Sutton:
I'm gonna focus here on the right side of this graph, and this is giving me the last three months of what was the top three click products and these first columns that I'm looking at. It'll say click share and conversion share. Again, this is directly from Amazon telling me who were the top three clicked and purchased products. And the thing that is interesting is the next two columns are the organic rank average and the sponsored rank average. So we're now comparing Amazon data to Helium 10’s data. All right, take a look at this. I'm looking at my product here. For the month of October, I was a number three clicked product okay, but look at my organic rank average 21. So you might think that you probably would get zero sales being page one position 20, right, but I am one of the top three clicked and I was even converting at a higher clip than the number one clicked product. Why I could see here from the Helium-Tens data that my sponsored rank average was number two.
Bradley Sutton:
All right, so how does this knowledge help me? Well, now I know I don't necessarily have to do some crazy campaign to get ranked organically. As long as I can stay ahead of the game on my sponsored rank, it is going to keep me to be one of the top three click Other keywords. You might see different data where the sponsored rank might not even be that important, but the organic rank seems to drive all of the sales. You might see another keyword where it's unless you are at the top of the page in organic and sponsored, you might not be one of the top three clicked or purchased products. So again, this is a super, super valuable data point that only Helium 10 has, where it compares Amazon brand analytics data with our keyword tracking data so you can find out which keywords to focus on and which keywords to focus on organic versus sponsored, how to view the history of how many keywords a product has ranked for organically or in sponsored ads. This is one of my favorite ones, something I've been asking for for years before the team finally put it in.
Bradley Sutton:
I like to call this tool the time machine method, but actually it's called historical trends inside of Helium 10. Now, why would you want to know this? How can this make you money? Well, you might see what a product is doing right now on Amazon. That's what Cerebro is for right, and it's always been for that. Hey, where are they ranking for now? But what if you're in a seasonal niche? Or what if you're curious about what happens during November of each year, because that's when sales spike? Or what happens when it's a beach ball and it's in the summer? You know, like, if I'm in December and I'm looking at Cerebro for a beach ball item, the keywords that people are finding this product now it's probably very different than the keywords in June and July.
Bradley Sutton:
Another way that I'm looking at this data is that you know what if there are trends in how a competitor is doing sponsored ads, or maybe trends in how their organic reach flows, like maybe they do outside campaigns that give them temporary spikes at different times of the year, let's hop in to see how you can see all of this data, and even more so whenever you are in Cerebro. There is a button in the middle under keyword distribution that is called show historical trend. You are going to want to go ahead and click that and it's going to open up the historical trends for up to two years if the product has been active, for where their organic and sponsored keywords have been showing up, and you'll see it in different colors. So like, for example, you could see that in October of this year they were ranking for 698 different keywords and also they were ranking sponsored 281. Now here's something that is cool. If I'm going to go back in history and I could see, wow, look, in November and December of last year, these guys were going hard and heavy. They really upped their PPC spend. This is not my coffin shelf here, I'm looking at somebody else's coffin shelf. So now I know, going into November of this year, hey, I got to be on guard because it looks like this competitor really ups their spend on PPC during November and December. But take a look at this If I look in January, it looks like they pretty much turn off their PPC ads.
Bradley Sutton:
They were only showing up for 84 different keywords in sponsored ads during January of 2023. So now, all of a sudden, I've got some data that shows, hey, they didn't really do any sponsored ads in January. January might be the time where I can kind of overtake them with my reach if I go opposite of them and go a little bit hard and heavy, maybe in November and December I'm like man it might be too hard to compete with them. Maybe I'll dial back my spend and let them go ahead and go crazy with their spend. I mean, there's different ways to interpret this data. There's no right or wrong way.
Bradley Sutton:
But for the first time, you can have visibility into the reach of your competitors. Maybe you see a competitor sales going up and up and up, right. Well, I would go ahead and look at this historical trend and see why are they ranking for more keywords? Are they advertising for more keywords? Same thing Maybe their sales are going down. Well, I'm going to check Are they ranking for more keywords? Are they advertising for more, more keywords? If not, that means they just got more efficient, right. If their sales were going up and the keywords were actually going down, it means that they were just laser focused on certain keywords. Which keywords were they focused on? I'm going to show you in the next strategy exactly how to find that. But, guys, take a look at this on your listing and your competitors listing, so you can see the history of all of the number of keywords that they're organically and sponsored ranked for All right. Now the next strategy is how to check an Amazon products organic and sponsored rank history. All right. So in the previous strategy we talked about how to just see the total number. But how do you actually see what they were ranking for and when? Why do you want to see this? Why is this important? How can it make you money?
Bradley Sutton:
Again, the example I gave earlier of a beach ball. You know if I'm going to launch a beach ball in July of next year, or maybe I'll launch it in spring, but you know the main focus is gonna be in June, july, august. In December I can't really Do keyword research on this product and know what are the best keywords. Right, I need to go find who was One of the top selling beach balls in June, july or August of last year and then I want to Analyze them. Not in December of this year, what, when nobody is searching for beach balls and they might even have their listing active.
Bradley Sutton:
But I want to see what were the keywords driving the sales of that product during that time of year. Maybe there's other products where I could see that they had a certain spike in a certain month. Regardless of see. Maybe it's not a seasonal product at all. It's a product like a power bank or something that people buy throughout the year. But I noticed in a certain month they had a lot of sales. Well, you know what I'm gonna do I want to compare what keywords and where they were ranking for in the month before their sales went up and then compare it to the month where their sales went up and which keywords increased in rank organic or sponsored. Guess what? That is the reason of why their sales went up. I can literally tie a sales increase at least part of their sales increase to Exact keywords, so that now I know for my product which keywords I want to focus on Of which potentially could increase my sales.
Bradley Sutton:
So how can we do that? Let's go ahead and hop into it. So again, if I see a, let's pretend that this coffin shelf here had a spike in sales on a certain year, like November of 2022 what I'm gonna do is I'm going to go in click historical trend and then I'm going to find the month when they had the the big sales. Now, before I even do that, I might go into the previous month and have that cerebral open in another window so I can see where they were ranked on a quote-unquote neural month. But let me show you. I just click on this exact date here of November 2022 and then I'm gonna hit apply filters. And now this is like taking a time machine, because it is now going to show me the cerebral, as if I was doing this in November of 2022.
Bradley Sutton:
That's what it is showing now, and then now I can go ahead and use Helium 10 filters and say, hey, show me of the keywords that had at least 300 search volume during, you know, october of 2022, where were they ranked? Between positions 1 and 20. And then now, all of a sudden, I can see the exact keywords that they were probably getting a lot of their sales from. And then again, what I'm going to do is, if I was trying to see a Spike in sales, like where the keywords coming from, I'm gonna take one of the months where their sales were down and then compare, keyword by keyword, which one they had a big increase or which one they hopped to the top of page one. And now I know Exactly why they had a spike in sales.
Bradley Sutton:
That customer. If they're not even using Helium 10 or they're not looking this data, they probably don't even know themselves. Uh, I say that customer, that competitor, they probably don't even know themselves why they have the spike in sales, but I can actually see that now and now I'm gonna use that data to make sure that I get ahead. So, guys, this I Cannot emphasize how valuable this feature is. Nobody has ever had anything like this super, super important that can really get you ahead looking at either spikes in sales, valleys in sales. You know it's the opposite. I didn't really mention that. But let's say you notice a competitor a certain month had a terrible month, even though they were in stock. Obviously, if they're out of stock, well, they would have a bad month, but they were in stock. They had a terrible month of sales. Well, I'm going to look at when they had a great month right before and I'm gonna look at what keywords they went down in rank, what keywords did they take the pedal off the metal for their sponsored ranks? And then, now I know the keywords, I need to make sure that I don't fall off, because now I know that, hey, if I fall off on these keywords, it could result in another sales. You know, sales lull, like it did for my competitor. So, guys, this is probably top one, top two around their favorite features in all of Helium 10, out of the 75 million things that Helium 10 can do, this right here is one of my favorites and this is what could really really give you a leg up on the competition Historical Cerebro. So make sure to use it.
Bradley Sutton:
Next strategy how to view the history of your Cerebro keyword searches. All right, why is this beneficial? Can this make you money? Well, a lot of this data changes over time and maybe you are like always checking somebody's Cerebro and you or somebody's product in Cerebro and you want to see the history of something like Amazon recommended and how it changed over time, or some of the graphs you know over time. Maybe you don't have access to the historical Cerebro? Well, what you can do is you can actually go in and see your history so that you know what was going on and when. All right, so how you can do that is by at the very top of the screen. Even before you get into any search, you're gonna see a very button at the top right called history. If you click on that, it is gonna show you all of the history of every single product you have ever searched in Cerebro and it gives you the date of when you looked at it and you can even search. Like you can see, I've used Cerebro here 1,500 times. I could search hey, where's all the coffin shelves that I searched for? And if I hit open, what it's going to open up in is the Cerebro as I looked at it as of that day. So this is a great thing to look at if you want to look at how things have progressed since the first time you looked at a product or a group of products really important to check your history in Cerebro.
Bradley Sutton:
Next strategy how to find the top Amazon keywords for a niche or a market, or multiple Asins, a group of products. Why is this important? How can it benefit you? We've been talking until now about looking up individual products in Cerebro, which is absolutely a great method and a lot of tools can do that, but now we're taking it to another level, where you are analyzing multiple products. Well, how this can help you is you know you might if you just look at one product like the top seller in a niche and understand their keywords, their top keywords. That's valuable information, right, but do you think that that one product is the only one making sales on keywords. No, another product might have discovered a different keyword that this first product doesn't know about, and so if you analyze that product, you know you might want to know what keywords they're ranking for. Maybe you want to know what's the most important keywords overall in the niche. Where are most of the top competitors all getting their sales from, because they're all ranked high? What are the keywords where maybe only a couple competitors really know about it? So these are kind of under the radar keywords that might have less competition. All of these are reasons on why you should analyze multiple products at the same time.
Bradley Sutton:
So let's just again talk about how you can find the top keywords, the top keywords for a group of products, or the most relevant keywords. Well, I actually like to start this outside of Cerebro. I mean, you could just go ahead and copy Aysons one by one directly in this Cerebro. I actually like going to Amazon itself and then looking at the products that way. So here I just searched for coffin shelf here in Amazon and what I'm going to do is I'm going to run Helium 10 X-Ray on this page Now. Once I do that, the top products are going to come up.
Bradley Sutton:
Now here is something very important. I'm going to select from X-Ray right on Amazon the keywords that I want to look at in Cerebro. But what's important to do is Cerebro Multi-Aysons search is built on comparing your product to your competitors. So if you have a product right here on this page, you want to make sure to select it first. All right, so I'm going to select my product, my coffin shelf, first. Now, if you don't have a product, maybe you're just doing keyword research in a brand new niche. I like choosing a product way from the bottom of the page. That's not one of the top sellers as my baseline product, and the reason is is because I don't want to exclude it from the search results. All right, so the way that Cerebro is built is to compare your product to competitor products. But you can kind of use this mini hack if you don't have your own product, just by selecting a random product here from the bottom of the page and then selecting your coffin shelf, so I can choose up to like maybe 10 or even 20 of the top coffin shelves.
Bradley Sutton:
Let me go ahead and choose, you know, some of the top ones that I see here on this page, and then, once I've selected them. I'm going to go ahead and hit the button Run Cerebro and it's going to open up Cerebro in another tab and it's now going to show me my rank versus all of the other competitor ranks in Cerebro. Or, if I didn't have my product as the first product, it's actually going to show me just the baseline product versus all of the competitor products. But it's really the competitor products that I'm going to be focused on. So now, if I just want to find out what the top keywords are, as you can see here, it found over 3,000 keywords that any one of those competitors that I looked at are ranking for. All right, that's valuable, but you know I really want to focus on the top keywords.
Bradley Sutton:
There's one button you can do right here at the very top of the page. If I just hit the button Top Keywords, it actually goes in and does some filters for me so that I can see what some of the top keywords are, and you could see it filtered that you know 3,000 keywords all the way down to five keywords. What is this based on? It just threw in some filters that make sure to show me what are the keywords that more than a few of, more than just one or two of these products that I chose are ranking for, and they're all kind of ranking high. The competitor rank average is between one and 40. That's what it did. So maybe this five keywords is not enough. So what I'm going to do is I'm going to say, hey, you know, show me the 300 and up search volume. Maybe the competitor rank average is between one and 50, and at least three ranking competitors are all ranking for it, and then, if I go ahead and apply those filters, more keywords might show up. Now, as you can see, 22 filtered keywords show up.
Bradley Sutton:
The column that I like to look at here is the competitor performance score. This can be viewed. As you know, some people call this relevancy. I don't like calling it relevancy because it could just be a fluke. But if you see a 10 out of 10 competitor performance score, that means that a lot of these products you know I think I had five or six products that I entered in here a lot, if not all of them are all ranking for it and they are all ranking relatively high. That's what this competitor rank average is.
Bradley Sutton:
Look at this this keyword has competitor rank average of 7.6. That means the five products that we're ranking for this keyword. If I average where they're showing up for it's page one position seven, right. So that's pretty crazy. If I wanted to know exactly where they were ranking for, I just put my mouse over relative rank and then it shows why that competitor rank average is so high. Look at this. It says one is number one, one is number three, one is number five, number 13, 15 and 16. You take that on average and it goes to a 7.6. All right, so this is a great way to see what are the top keywords in a niche. That means all the top sellers, if that's what I chose when I was looking in Amazon. If they're all ranking highly for a certain keyword, it's gonna show up here on this top keyword list. This is a great way to get your best keywords for your Amazon listing.
Bradley Sutton:
How to find the top sponsored keywords for a niche or a groove of products. Why is this important? How can this help you? If you are trying to enter a niche where you haven't run PPC ads before, you might not have the best idea about what are the most important keywords to advertise for. But if you're going into a niche where there's competitors who have been on there a few months or a few years, theoretically speaking, maybe they have already gone through a lot of auto campaigns and they know what the best converting keywords are. So if you look at where they are focusing their spend, where they are focusing on top of search, where they're showing up on page one in the sponsored results, it can actually help you go ahead and start from date one to be focusing on the right keywords in sponsored ads.
Bradley Sutton:
So how can you do that? Well, let's just say you did a multi-acent search, like I showed you in the last strategy, and you are looking at about four, five, six, seven or however many acents. What you're gonna want to do is you might want to look at sponsored rank count, and I like putting a minimum of two there. That means, hey, show me the keywords where at least two out of these competitors are advertising for you might wanna go three out of five instead of just two. Let's just start with two. And then sponsored rank average. You might want to choose between, let's just say one and 20, kind of like saying, hey, these are the keywords that if I take the average rank, they're on page one or two of sponsored ads, and then maybe I'll go ahead and do a search volume minimum of 300.
Bradley Sutton:
There's no magic numbers here, guys. You guys can play with these filters. That's why we have so many of them and, as you can see here, eight keywords came up for this coffin shelf niche and so I can see here coffin shelf, coffin shelves, mini coffin. If I look at the sponsored rank count, I could see how many people are advertising from the top players and then what the sponsored rank average is, and I could see some of these. Look at this one Cough and shelf. We've got somebody page one, position one, somebody page one position nine, eight and 10 in sponsored rank, and then one is 65. That brought down the average a little bit. This gives me a really quick way, within 30 seconds or less, to see who the top players are all kind of focused on in order to focus their PPC spend, and then you can definitely use that for your own PPC strategy.
Bradley Sutton:
All right, last strategy of the day how to find the keywords that most of the top competitors are sleeping on. Why is this important? How can it make you money? We talked earlier about how to find the top keywords for a niche, and that is just period. End of story. The top keywords just because a lot of the competitors are ranking for it doesn't make it a bad keyword. That actually makes it a good keyword. But, that being said, it's understandable to know that, hey, if all of the top competitors, all the top sellers in a certain niche, are all getting sales from this keyword because they're all ranked high, it's a very competitive keyword. Again, I reiterate, that doesn't mean it's a bad keyword or something you shouldn't have in your listing. You absolutely have to have the top keywords. But what about the keywords that maybe only one competitor or two competitors are getting sales from? This could be a potentially non-competitive keyword.
Bradley Sutton:
Now, sometimes these keywords are a little bit less relevant to your product. An example might be like Gothic decor. Right, maybe only one or two competitors of coffin shelf are ranking for Gothic decor, but all the other products that you see when you search for Gothic decor? There are things like maybe like a spooky skull holder or some Gothic bed frame or some Gothic looking wall ornament or what have you. But here's the thing, the reason why sometimes certain keywords work for products you might not think are relevant.
Bradley Sutton:
Like maybe you didn't think that a coffin shelf is Gothic decor is that there are people out there who search for a keyword with different buyer intent. Right, there is maybe somebody who, in the back of their mind, they really do want a coffin shelf, but they don't call it a coffin shelf, they call it Gothic decor. So what they're looking for is a coffin shelf. So they type in Gothic decor. They see a whole bunch of random products. But if they're looking for a coffin shelf and only one or two products are coffin shelves on page one, guess what? Those one or two products have a 50-50 chance or a 100% chance if only one of them is ranking for it to get the sale, because all those other products on page one is kind of meaningless to that customer who went there with an intent to buy a coffin shelf. They just use a different keyword than most people. So this is why looking for these keywords while they might not be the top keywords that can get you sales, they're a great way to kind of like take advantage of special keywords that certain competitors out there have found that's relevant to their product and they're getting sales.
Bradley Sutton:
And now, instead of having to fight seven, eight, nine of your competitors for a sale, you're only fighting one or two competitors. How can you do that? Let's go ahead and hop into Cerebro. So if I did my multi-acent search that I've showed you guys how to do in the other strategies, all I have to do is hit one button for this, and it's the button at the top left that's called opportunity keywords. This puts in a kind of like preset filters that you can play around with later and it's telling me a competitor performance max five, and then only one competitor is ranking between one and 15.
Bradley Sutton:
All right, so, as I can see, as you can see here, there are 12 keywords that came up. For example, one of them is Gothic shelf. Now, why did this keyword come up on this search but not the top keywords search? Well, if you look here, there are only. There is only one competitor here who is ranked between one and 15, and it's somebody rank 13. The rest of them were ranked on. You know, here's one that's 16, here's one at 76, one at 77, one at 96. So, only if I get on the top page of Gothic shelf, guess what? I am only fighting one competitor for that sale, for somebody who might buy a coffin shelf.
Bradley Sutton:
You see how valuable this keyword list can go. If you want to, you know, fool around with some of these filters to narrow it in other ways. You can absolutely do that. But this is just a great way to see what we call opportunity keywords. Or maybe only one or two competitors getting only you know, maybe a couple sales here or there from this keyword because it might not be fully, fully relevant to the niche as a whole. But you're only gonna be fighting one or two people for sales for this keyword and usually you know all the top 10, 15, they all have a few of these keywords that they might be getting sales from. And now you can combine all of those top keywords into your listing and be one of the only ones that has all of those keywords in there and getting sales from them.
Bradley Sutton:
Now, as kind of an addendum to this strategy, some of these filters they're really great to use, just like get some insights right. So forget about that preset opportunity keywords filter, if I clear this, I really want you guys to play along, or play around with these filters here, which are number of competitors and competitor rank. All right, basically, the number of competitors filter means of how many ASINs do you want to hit a certain criteria that you are about to specify. So, as you can see, here I had put five ASINs. So maybe I say, hey, I just want to see the keywords where a minimum of one competitor any one of these, or all five of them, it doesn't matter is ranked between one and 10. So what I'm doing is I put number of competitors minimum one I don't put a maximum and then under the competitor rank filter, I put one and 10. Now this is going to show me all of the keywords where just any one, any two, any three, any four, any five of these ASINs are ranked between one and 10, and I came up with 83 keywords. So, as you see, guys, the possibilities are endless here.
Bradley Sutton:
With all of these filters, there is no one magic way that's going to get you the best keywords. Everybody has their own strategies. That's why we have these filters. But even that one could get you sales trying to look for keywords that at least just one of your competitors is getting sales from. All right, guys, that ends part two of our keyword research masterclass. We're going to have an unprecedented part three coming up soon, where we're going to show you the rest of the Cerebro strategies and we're even going to get into our other tool, magnet, to get you strategies that are going to give you sales that can help your business. So I hope you enjoyed this episode. We'll see you in the next one.
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| #506 - 2024 Amazon Keyword Research Masterclass: Part 1 | 04 Nov 2023 | 00:47:08 | |
What if you could unlock the potential of keyword search volume to exponentially boost your sales on Amazon? Imagine using a comprehensive tool like Helium 10's Cerebro to not only identify the keywords a product ranks for but also understand the demand of a keyword, observe products gaining the most clicks and purchases, and even keep track of your competitors' PPC strategy. In this Seller Strategy Masterclass episode, we break down these complex strategies, which, if utilized wisely, could lead to extra sales amounting to thousands of dollars. In the realm of Amazon selling, understanding search volume and history is paramount. We guide you on how to capitalize on these essential metrics using Cerebro's robust features. Ever wondered how to leverage the power of reverse engineering the success of your competitors? We've got you covered! We dive into how to identify hot keywords in your niche, understand your competitors' PPC strategies, and find common roots among relevant keywords, all by harnessing the power of Helium 10’s Cerebro tool. In our quest to empower Amazon sellers, we reveal new features and how to use the Cerebro IQ Score to identify profitable keywords and optimize their impact on your business. Plus, learn how the Amazon Recommended Rank can revolutionize your product listings. From the USA to Canada, Mexico, Germany, Spain, Italy, France, UK, India, Netherlands, Australia, Japan, United Arab Emirates, and even the Walmart USA marketplace, these strategies are designed to supercharge your Amazon-selling experience. So, buckle up and join us for this riveting masterclass on Amazon seller strategies! In episode 506 of the Serious Sellers Podcast, Bradley discusses:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos | |||
| Helium 10 Buzz 11/2/23: Amazon Email Marketing | Premium A+ Update | Bad Review Removals | 02 Nov 2023 | 00:24:10 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Walmart Announces Black Friday Sale Details and Previews Early Deals https://www.cnet.com/deals/walmart-announces-black-friday-sale-details-and-previews-early-deals/ EU Store Transparency Report https://assets.aboutamazon.com/cd/28/4d02dd2e41ec8c6d1bc341e9d919/amazon-eu-store-transparency-report-jan-june-2023.pdf Bad Review Removal https://www.linkedin.com/posts/h10bradley_dont-remember-getting-this-notification-activity-7125484541426708481-WmJx/ Amazon's Counterfeit Crimes Unit's collaboration with brands and law enforcement result in global raids https://www.aboutamazon.com/news/policy-news-views/amazons-counterfeit-crimes-unit-successful-raids-worldwide Exclusive: How Walmart is using AI to supercharge its holiday plans https://finance.yahoo.com/news/exclusive-how-walmart-is-using-ai-to-supercharge-its-holiday-plans-190849969.html?guccounter=1 Shopify merchants seek AI boost for key sales decisions https://www.reuters.com/business/retail-consumer/shopify-merchants-seek-ai-boost-key-sales-decisions-2023-11-01/ TikTok tests new ways to embed commerce into the in-app experience https://www.insiderintelligence.com/content/tiktok-tests-new-ways-embed-commerce-in-app-experience And don't miss our deep dive on how to generate unlimited Amazon Post graphics using AI. Let’s discover how to elevate your business and create engaging content for your customers. It's an exciting time to be in e-commerce, and we're here to help you navigate it!
In this episode of the Weekly Buzz by Helium 10, Bradley covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Amazon's allowing sellers to send emails to customers for Black Friday and Cyber Monday. There's new requirements for premium A plus content, amazon's now sending emails out when they remove bad reviews, and there's tons of new AI news in the e-commerce world. This and much more on this week's weekly buzz. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our weekly buzz. We give you a rundown of all the goings on in the e-commerce world this week. We also let you know what new features Helium 10 has and we give you a training tip of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing this week, all right? So first of all, if you're watching this on YouTube, you see I'm moving a lot. Well, I'm trying to be the first ever newscaster here to do a whole news segment while walking a mile on a treadmill. So that's what I'm doing. You guys know I've been trying to push health and wellness this year, so I'm trying to put my money where my mouth is and do some exercising here. Live on this show. My goal is to do one mile before this broadcast is over. Anyways, let's go ahead and hop right into the news. There's lots going on, all right. The first news article of the day is actually from Seller Central. It's on your dashboard and you may or may not have known this, but you can do marketing emails, all right. So now what you can do. This article here is talk is entitled increase visibility of your holiday deals with marketing emails. And so if you're a brand registered, you're able to use manage your customer engagement tool to you know market, to repeat purchases from existing customers and also your brand followers. Like you know, maybe you've gotten some brand followers thanks to Amazon Post, and if you take a look at this article, it talks about that. You're you can offer percentage off discounts, seven day deals and product launch announcement emails, and they're especially saying hey, you should try and do this during Black Friday and for Cyber Monday. So where you can do this, you can hit the link for manager experiments right there in that article. You go to your manager customer engagement page, you hit create campaign, you select your brand and then basically, what you can do is you can hit market product or promote a promotion and then you can market to recent customers brand followers or more and once you hit the next on this entry form, you're going to be able to pick your product and write the email, put the delivery window and more. So a lot of cool stuff that maybe you haven't taken advantage of, but if you've got some brand followers, you're going to be able to go ahead and take advantage of that.
Bradley Sutton:
All right, the next article of the day is actually from CNET and it's entitled Walmart announces Black Friday sale details and previews early deal. So this is kind of like a cool because it gives you kind of like a timeline of what is going on on the Walmart side. So they've actually got multiple events. So, like the first one is actually starting Wednesday, November 8th, you know, super early, at 3pm Eastern time, and Walmart plus early access goes from 12pm Eastern time. The second event starts on November 22nd and then Cyber Monday, November 27th, and so I'm bringing this out because you know if Walmart is going to be pushing these deals, that means there's going to be more traffic on Walmart.com, and if you're selling on Walmart.com might be a great opportunity to do some kind of discount or promotion or just be expecting extra traffic, so don't think that you have all the way until Black Friday, Cyber Monday, in order to start getting some more traffic on Walmart. It's starting as early as November 8th, according to this article.
Bradley Sutton:
Next article is also from your seller central dashboard and it's entitled update on default handling time for seller fulfilled orders. So if you're doing seller fulfilled or FBM, you know traditionally you've had like two days in order to fulfill the orders. But make sure to check your dashboard. There's some new news. It's talking about how more than 85% of seller fulfilled orders are shipped within one day. So it's going to start putting by default one day, all right for the order window, and so I think this, you know this could be good because, if I'm assuming that, if this happens now, customers are going to see one day less as far as the estimated delivery time and obviously that's going to help your conversion rate, theoretically speaking. So check out that update in your dashboard and see if that affects you.
Bradley Sutton:
Next update is again your seller central dashboard a lot of the news articles in your seller central dashboard that you need to be checking out and it's entitled update to premium A plus content eligibility requirements. All right, so the new update is that first of all, I think before you actually had to have like 15 approved A plus content modules to be eligible for premium A plus. Well, now All you need is five All right, so five in the last 12 months. And then also you need a brand story module published on all of your brand-owned product listing. So again, premium A plus content allows you to put like really unique information, like video and other things. So if you're able to do that, make sure to qualify yourself for that. You know, so you can also get, even if you only have one or two products. You can still get qualified by having that brand story and then doing five times, getting some kind of A plus content approved, even if it's for the same listing.
Bradley Sutton:
Next up, there is an article from Amazon Europe and it goes it's just called a transparency report and it goes like super into detail about tons and tons of facts and figures of what's going on on Amazon Europe and, like you know what they do to protect sellers and things. But the thing I wanted to show is the number of monthly active users for Amazon on the customer side for each of the countries in the EU. Now, obviously, uk is not in the EU, so that's not here. But if you guys thought that the number one country was Germany, you would be right 60 million active users. What do you guys think is the number two country? Number two country is actually Italy at 38 million, number three is France at 34 million and number four is Spain at 25 million. Those are the only ones that are in that bracket. The next one is Austria, with five million monthly active users in that country and there's not even an Amazon Austria, so they're probably shopping on Amazon Germany or one of the other marketplaces. So again, check the link in the description below. Kind of interesting if you guys want to see this whole EU transparency report.
Bradley Sutton:
Next article, again going right back to the seller central dashboard, but this time in Europe. All right, so if you are in Europe, you now are able to get a SAS or a strategic account services representative. You know sellers in the US have been using this to do tricks like what's called anything in the buy box. We've had that on the podcast before. But again, you UK and EU sellers, go to your seller central dashboard. You've got this notice. That's not on the US side, but you are now able to register here for the SAS plans and it's actually migrating a couple of the existing EU plans where you were able to have some kind of rep into this SAS core You'll rep service. So make sure to check the dashboard. You'll see a link that will allow you to go ahead and see if you can apply and then see if you qualify.
Bradley Sutton:
Next up there's this email that I got this week from Amazon. I hadn't seen it before. I'm not the only one who's gotten a lot of sellers I've been getting it some this week, some last week, some the week before where Amazon is now letting you know when they remove bad reviews or reviews from bad players on Amazon. So if you look, I put a link in the description on one of my LinkedIn posts where I talk about this. But here this is how the email looks. It says we remove product reviews from bad actors. All right Now, by bad actors. It doesn't mean Owen Wilson, sorry, bad joke, but anyways by bad actors. It means you know, whatever, they're probably abusing the system somehow. But I got an email that said hey, we notice there's some bad actors. We removed X and Y and Z reviews. You know happy selling pretty much. So I'm curious did you guys? Have you guys gotten this? Click the link below to my LinkedIn post and reply there. Let me know if you've gotten this email or not.
Bradley Sutton:
All right, for the next article, we have a theme song for it. Yes, we are talking about the Amazon department called the Amazon law and order CCU the counterfeit crimes unit. That actually is a real thing, guys Amazon counterfeit crime units. If you guys are listening on the radio or the your radio in your car or something, hopefully you heard the law and order theme song right there. But anyways, amazon has had this CCU, this counterfeit crime unit, where every month they seem to be doing new things to kind of crack down on counterfeits out there, and so they have a latest update that gives and kind of updates on the kinds of things that they've been doing. They did like raids, like crazy raids on with 150 Chinese law enforcements in China to like kind of like break down this smuggling ring on a bunch of fake products that were coming out. They took action against counterfeit rings across Europe. But this, this department, is doing some some cool things to try and break down on the bad players that are out there. So make sure to take a look at the link that we left in the comments below or in the description below, so you can see the kind of steps that Amazon has been taking to keep Amazon clean from the bad players.
Bradley Sutton:
All right, the last few articles we're going to talk about are all about AI, and it's kind of crazy how AI is just taking over every marketplace, as being like in the news. Last week, as you guys know, we talked about the announcement on Amazon how they have now generative AI to help make images. We're actually going to have a demo of that in just a couple of minutes here. But now even Walmart is getting in on the AI. Bandwagon says how. This article from Yahoo Finance talks about how Walmart is using AI to supercharge its holiday plans, and it's talking about how they're using it to try and distribute the inventory across the country a little bit better across there, more than 4,000 stores and this is going to be able to allow them to deliver same day to more locations by having the right inventory in the right distribution centers and stores Again, a benefit for Amazon sellers.
Bradley Sutton:
Moving on in this AI craze, there is an article out of Reuters about Shopify Says. Shopify merchants seek AI boost for key sales decisions. So make sure to check out this article, where it talks about Shopify's new kind of like features that are now featuring AI. And then, of course, not to be outdone, TikTok shop is testing new ways to embed commerce into the in-app experience, according to insiderintelligence.com. Now, this was almost the most interesting story for me, because they're rolling out this kind of like AI tool that can use AI to identify products in videos and suggest similar items for sales on its e-commerce marketplace. This isn't using the affiliate program.
Bradley Sutton:
Now, this is interesting because, like, what that means is, let's say, somebody has got a just dancing video or they're doing a Amazon or a TikTok shop or a TikTok live or something, and then, in the background, all right, they've got I don't know some barbecue. Well, it sounds like what's going to happen is the AI is going to try and like, detect if any TikTok shop seller has a that exact barbecue or something similar, and then give a suggestion to somebody who's watching this regular TikTok video hey, do you want to buy that product that you see in there? You know, I mean, people follow these influencers and they want to copy them. They want to have what they have. They want to have their same furniture or have their same phone case and stuff. Now, without the influencer even promoting directly other products, TikTok shop is going to be promoting other TikTok shop products from there. Now I think the influencers might get a little bit upset, because this article talks about that. They're not actually going to get any affiliate commission for this. Anyways, this is interesting Another way that AI is being used. All right, that's it for the news this week.
Bradley Sutton:
Now, before we get on into the next segment, one quick thing. Speaking of TikTok, do you know that Helium 10 has a TikTok page? Guys, make sure to go to it, add it. Go to your TikTok app, search for Helium 10 pack view. All right, helium 10 pack view, no spaces, and then you'll see tons of videos from our social media team. Like Sydney, we've also got clips from this podcast and we've also got educational content on there. So again, give us a follow, like a couple of the videos to help the algorithm. Helium 10 pack view is the name of our account. All right.
Bradley Sutton:
Next up, we've got our training tip of the week, and this is a great one by Shivali. She's going to be talking about Amazon post, but did you guys know that you can actually have an infinite number for free of Amazon post, that you can post pictures every day and you don't have to make new images by yourself, or you don't have to take new pictures and you don't even have to make the captions. Guys, all right, it is completely done by AI, thanks to Amazon and thanks to Helium 10's new AI feature for Amazon posts. You guys want to find out how to do it. Shivali is going to explain how in this next video.
Shivali:
Hi there, Shivali. Here I want to talk to you about Amazon posts, which is a really powerful tool that you can use to elevate your business, create engaging content for your consumers, all while showcasing your products in a way that tells the story behind your brand. Now there are a lot like social media posts, but you can't just copy over the product listing copy and images. There has to be some intentionality, because it has to be visually appealing and attention grabbing. Let's take a look at an example. You can find Amazon posts by selecting the storefront underneath the product listing page and navigating to posts here. As you can see, it's not just a plain image with boring description. In fact, it's designed to be visually appealing and catch your attention, and that's what you really want. This brings me to my next point, which might answer your question, and that is what if I don't have a bunch of photos laying around from a fancy photo shoot? Well, that's what AI is for. You can use Generative AI to generate the content that you need. It can create images, captions and even suggest the best times to post for maximum visibility. It's kind of like having a creative assistant right at your fingertips, making your Amazon posts look like a million bucks, even if you're on a budget. I'm going to show you a quick and easy way to enhance your sponsored brand campaigns on Amazon. So I'm going to go ahead and navigate to my Advertising Panel, click Campaign Manager and, once I have that open, what you will want to do is select the sponsored brand campaign that you want to try this with. If you don't have one, no worries, you can just create a new active sponsored brand campaign and then, once that page has loaded, you are going to click on Create so Creative is on the left-hand paneling once again and then select Edit Creative.
Shivali:
Here comes the fun part. So you select Custom Image, click Change Image and then click Choose an AI-generated image. So this is in beta at the moment of recording, and what you will want to do is select whichever product that you want to try this with. I'm going to type in an image description, so this one's quite simple. It just says Product Hanging on Wall in a Bedroom, above the Bed with a Gothic Bed Frame. I would click Generate and ideally, what you would see on your end is multiple image options. Then you would go through and select the ones that you like that you find appealing. As you can see, we were given three outputs based off the query that we inputted, so I would then go ahead and open each one of these up and click Save to Creative Assets. I'll show you where these are getting saved in just a moment here, but let's go ahead and click Save for each one of these. All right, let's X out of that and then, once we have that stuff saved, it's going to be in Creative Tools, underneath Creative Assets, right here.
Shivali:
This, guys, is your gallery of images of your creative assets that you can really use anytime that you have generative AI images being saved. This is where they are being funneled. So what I'm going to do is just click this three dots icon and click Download and then, once I have that downloaded, I can then go into my brand content, go into Posts and begin creating a post. Let's select Manny's Mysterious Audities and then click Create Post and upload our image. Here I have the AI generated image, click Open and, as you can see, for us it's saying the image is too wide because, again, this design was built underneath our sponsored brand campaigns when we were trying to just generate AI based image. Keep in mind that this has saved us a lot of time and money and efforts in just being able to get images without actually having to do a photo shoot. So it's pretty simple to throw this image then into a sizing machine or even something as simple as Canva to resize it and then upload it.
Shivali:
After that I'm also going to need a caption. So what I'm going to do is go into our listing builder and as long as you have the product characteristics, the brand information, product name, tone, target audience, etc. Filled out at the top of your listing builder, then you can actually go all the way down to Amazon Posts or just select the tab right here and click Write it for me. I did already go ahead and click Write it for me, just to save a little bit of time so you guys can see it. But, as you can see, it's really good. This pulls from your keyword bank, it helps with your generated search volume and it absolutely makes your Amazon posts process a lot easier. Let's jump back into Amazon Posts and get that pasted in and once you have that part filled out, you can just add in your product. I'm going to click Add. Mine says out of stock, so it says one available. ASINs won't show in your post and posts have to have, of course, at least one ASIN in stock to be visible, but this was just an example. I wanted to go through and show you guys just how easy it is to generate images and captions so you can quickly create posts even if you don't have access to a wide gallery of images. Go ahead and click Submit for review. As long as you've followed along and you've created this with me, I hope you guys recognize that, with this new AI generation tool and the listing builder tool with Amazon Posts, now you really have access to a never ending supply of Amazon Posts. So with that, we look forward to seeing your content on Amazon.
Bradley Sutton:
Alright, thank you very much for that, Shivali. So, guys, that's available. I believe you might have to have diamond for some of that feature functionality inside of Listing Builder, the feature that she talked about for Amazon Post or creating those images that's pretty much open to anybody. So, guys, you, there's no reason anymore for you not to do Amazon Post. You can generate the images now for free and then, limited amount, you can generate captions for free, so you don't have to always be thinking about what am I going to write for a caption. So, guys, get into that now. And we've got announcements coming soon. Guys, that's going to make that process even more easy because we have an exclusive Helium 10 as an exclusive arrangement and access to a certain I can't really, you know, completely spill it, but a certain data point and a certain functionality that only Helium 10 has for the next few months, and we're going to try and give you guys that functionality as soon as possible. Stay tuned for more, all right.
Bradley Sutton:
Next up is a brand new feature that we're going to start doing weekly. Helium 10 is actually launching new features every week, guys. You know, sometimes you guys might not know everything that we're releasing. So here in the weekly buzz. Starting this week, we are going to start letting you guys know in a special video here what all we have launched in the last week so you can see if it benefits you and then make sure that you and your team use it. All right, so this week's Helium 10 new feature alert, let's hop right into it. The first one is actually on your dashboard in Helium 10. All right, or it's actually in a couple places. So you just go to your insights dashboard right here as soon as you log into Helium 10, if you've got the diamond plan on the above, you've got. You're going to see all of your information down here at the bottom. That's not new. What is new is that now, if you put your mouse over any of your products, you have this whole new widget of information that is going to come out where you can see the BSR in the parent category, the BSR in the sub category of your product, your listing age, you know who's, what seller has, the buy box, what your current price is, the review count. Now, that's for your product. So maybe you're thinking like, well, I already know all of my product stuff, but the other thing is on our competitors page. All right. So we have a competitors page now. If you're tracking your competitors, you can also again now mouse over and then you're going to see all of that same information. So that's a one cool thing that just got launched in Helium 10 insights dashboard.
Bradley Sutton:
A couple of things now in Cerebro. If you're in Cerebro and you do a multi-ASIN search, one of my favorite filters were the advanced rank filters. Now they are no longer called advanced rank filters. I just wanted to let you know we change the name so it's a little bit more easier to understand what the advanced rank filters do is. It allows you to filter out and say, hey, I want to see at least this number of the competitor ASINs and this multi-ASIN search are ranking between this and this right? Well, now, now in those headings, if you guys want to find those features, it's right down here and it's called number of competitors. This is the filter the artist, formerly known as advanced rank filter, one which really kind of like confused some people. So again, what you're looking for is number of competitors, and then you put a minimum and maximum here of of how many of the competitors you want to kind of be ranking a certain range. All right, so if you put in 10 competitors and then you put a minimum of two and a maximum of five, basically, what you're saying is, hey, of these 10 competitors, I want minimum two and maximum five of them to be ranking between X and Y. And that's where you go to the very next field, which is called competitor rank. So you can say, hey, I want these to be ranking between one and 20. I want to know all the keywords, or at least two of these competitors, but a maximum of five are ranked page one, position one to 20. So, again, this is not a new filter. Is this a new name? And I'm just kind of reminding you guys about it. Again, it's called number of competitors and competitor rank.
Bradley Sutton:
Now, if I actually go in and hit the show historical trend, we've got a small update feature there. This comes directly from you guys. So if I hit this, I can actually go in and pull out hey, show me the certain ranks, let's say, of June 2022. And now what you see? When you see this search volume, like before, we just picked the last week of this month. All right, so this is showing me the ranks of all of these products during the month of June of 2023. But now what this search volume represents that you see in the search results. Again, this is by, you know, customer request. It is now showing for that month of June, the week that had the highest search volume. All right, so 1468 was what the highest search volume was during the month of June. All right, that's it for this week's Helium 10 new feature alerts. Well, guys, that's also it for this week's Weekly Buzz. As you can see, I didn't hit my one mile goal here on my Apple watch. I only got 0.67 miles in. I'm going to have to keep walking for the next 20 minutes to hit that one mile. Anyways, guys, thanks for tuning in this week. We'll see you next week to see what's buzzing. | |||
| #505 - Amazon Launch Strategy + Q&A Session | 31 Oct 2023 | 00:34:49 | |
Unlock the secret to a successful Amazon launch strategy in our latest episode, where we discuss the fundamental aspects of the Maldives Honeymoon launch and Bali Blast pre-launch strategies, including keyword research, test listings, PPC campaign setup, and much more. We promise to equip you with an arsenal of tips, tricks, and strategies to help your product launch be successful. We'll kick off with the importance of sending relevant signals to Amazon, particularly when exploring a new niche - a component many entrepreneurs often overlook. Shifting gears, we'll discuss how the Amazon Recommended Rank can be your secret weapon in product visibility. We'll walk you through optimizing your test listings, and share real examples of how to enhance your titles and send targeted traffic to specific keywords. We're also sharing how this strategy works in the Amazon Germany marketplace and all other Amazon marketplaces in the world, providing you with a comprehensive understanding of different markets and how the strategy adapts accordingly. Lastly, we'll dive deep into the world of Amazon PPC campaigns, bid modifiers, keyword tracking, and the power of product bundling. And if you're confused by Amazon fees or finding a reliable 3PL - we've got you covered. We'll explore fee structures, pricing strategies, and 3PL selection to ensure you’re set up for success. Plus, we'll answer all your burning questions in our monthly Q&A session. So buckle up for a jam-packed episode filled with actionable insights, personal anecdotes, and real-world examples designed to elevate your Amazon selling journey! In episode 505 of the Serious Sellers Podcast, Bradley talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Today we've got a recap strategy session on Amazon launches and we answer all of your questions live, such as how to do keyword research on combo product listings, how to set up PPC campaigns and more. How cool is that? Pretty cool, I think. Are you looking to learn how to sell on Amazon? The freedom to get course, made by Kevin King, is one of the most popular courses ever created for Amazon sellers. It's got over 90 modules and 40 hours of detailed, step-by-step training to help get you started on your entrepreneurial journey. Now this course costs $997, but Helium 10 actually covers that cost of the course for any Helium 10 member. Find out why tens of thousands of students love this program by going to h10.me forward slash freedom ticket. Don't forget that if you do sign up for a Helium 10 account, don't pay full price. Use our podcast discount code SSP10 to save 10% off for life.
Bradley Sutton:
Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is a show that is our monthly ask me anything and presentation. So once a month we open this up to all of our Facebook groups and our YouTube channel etc. To open up to any questions that you guys might have for me about Helium 10 and a lot of the functions, but we always start out with like a mini training session as well. Now we actually have this every week in our Serious Sellers Club. So for our serious sellers club, which are automatically enrolled in, if you've been selling on Amazon for over a year and do at least $500,000 a year of revenue, you're in our serious sellers club. This is something we give to them, as well as our Helium 10 elite members, every week, but once a month we open it up to everybody. So that's what we're doing today. We want to make sure that you guys just get a little taste of what happens behind the scenes here. But anyways, what we're going to be I want to present on while you guys are getting your questions ready and putting them in the chat.
Bradley Sutton:
Is Amazon Launch Strategy, all right. So we just had episode 500 come out where we talk about a recap of the Maldives Honeymoon Launch Strategy, which that goes way, way more into detail on that. So you should definitely go to that episode 500 for a recap. And then another one that I want you guys to look at is what we call the Bolly Blast Strategy. That's like your prelaunch strategy. We just make up funny names for for stuff because it's easier to remember. But go back to episode 466 and 467. All right, episodes 466 and 467. You can go to h10.me forward slash 466 or h10.me forward slash 467 to go to those like prelaunch strategies about how to do your keyword research and how to set yourself up for success. But let's just focus for next. You know, five minutes or so on the, just the actual launch strategy, and I'm going to be doing this this week. I'm relaunching something and launching something. I'm always doing tests, as you guys know, and I'm going to be losing this exact strategy this week for this new launch. But basically, if you've done all the right keyword research, you know part of that Bolly Blast Strategy that I was talking about. Basically, what you want to do is is set your listing up to make sure that you have the most relevancy signals sent to Amazon.
Bradley Sutton:
Now, this is something new that we hadn't talked about in previous episodes of the Maldives Honeymoon Launch Strategy. Right, we just said, hey, start your. You know, do the right research, start your listing, get ready to get ready to go and you know you're off to the races. But what I've noticed in the last year is a little bit of a I guess you could say algorithmic, you know, shift a little bit, where the effects of not being relevant from day one to Amazon is kind of like far reaching, like it's going to mean that you can't get, you can't get impressions in your PPC. Obviously you're not going to start ranking for certain keywords. And so one of the new things that I have been suggesting when you're launching, especially in niches that are not that competitive and that there's not that much, you know, established sellers, this is probably not the same thing as launching for collagen peptides or garlic press or something like. Or you know, neck pillow or something like that. Like, I would think that if you have optimized your listing the right way, probably Amazon knows what you are from day zero or from day one, right, but even in that situation it's not 100%. But especially if you're in a newer niche where there's not that much data out there, any little thing could mean that Amazon is coming completely confused about your product. And this is how I discovered that.
Bradley Sutton:
So I did some testing, test launches on this coffin bath tray, like a think of like a regular bath tray where you're just chilling your bathtub. You got a tray that goes over your your bathtub and you put your candles on there and your books or whatever. So I had some, some test products that I was launching and from day one, like I could not get, it didn't rank me right away for coffin bath tray and I wasn't even getting that many impressions in PPC, if any. So some some zero at all on some keywords that were highly relevant to coffin bath tray, which is what the product was, and it's not like oh, I didn't make my listing in the correct way or anything like. No, I had this in my title, I had that keyword in other places in my listing. I did the list. Trust me, guys, I did the listing the right way. By the way, I'm sure this has happened to you guys. How many of you guys have launched a product in the last year or two where you're one of your, some of your main keywords? You couldn't get impressions in PPC or it was like impossible to rank in the beginning. Has that ever happened to you? I'm sure it has. But basically now there's a way to predict that.
Bradley Sutton:
So you look at Amazon recommended rank this is in helium 10. All right, this is in helium 10, uh cerebro. That is actually a live feed from Amazon. Now there's no, there's no metric in Amazon called Amazon recommended. We made that name up, but where that data comes from is directly from Amazon. It's in real time, all right. It's not some estimation or some aggregate uh information. It is actually uh directly from Amazon in real time, and what it's referring to is is which keywords Amazon thinks is most relevant to your listing. Now, in the past, this one data point that we've been getting for years, it was only for in the context of Amazon PPC. All right, it's the keywords that Amazon suggests that you uh advertise for the most in PPC, but now it's kind of more.
Bradley Sutton:
For over the last year I've been noticing these, this trend, where it's a great indication of just in general, what Amazon thinks your product is. All right, you know what. I wasn't planning to do this, but but let's go ahead and and maybe just do a live demonstration Throw me a random product in the chat that that's got some, um, that's got some decent reviews. It's been on Amazon for a while, like maybe it's got a thousand reviews or more, where the keyword should be kind of obvious what Amazon thinks uh for. All right, here we go. I see somebody threw in something.
Bradley Sutton:
Aubrey says recipe box. All right, let me look that up. Recipe box or book box? I guess it's a box. I never heard of this uh product before. I think I think I, um, I misspelled it, but that's fine, all right, let me. Let me just show you guys what we're looking at here. All right, here we go. So this is a recipe box. All right, let's pick one that has a lot of reviews. Uh, heart and berry recipe box. It's kind of weird, though it hasn't had that many sales at least. Oh, there are 200 sales for this one. Um, 300 sales for this one. Let's maybe use this one right here. All right, sensory for you recipe box. That's pretty hilarious. Let's just take a look at this box really quick. Okay, I see what this is. All right, now I'm going to put this into helium 10's cerebro. Let's go ahead and go into cerebro here. All right, here we go. All right.
Bradley Sutton:
So now, as you guys know, the the regular helium 10, you know, we've got all of our organic keywords and and sponsored and and and all that information. But what I'm going to do is I'm going to sort by Amazon recommended rank. That's one of these columns right here. Okay, you guys see that right here. All right, amazon recommended rank by me sorting it right when it goes one, two, three, four, five, six, seven. What this means is this is the the top keywords that Amazon thinks you should advertise for. But take a look at these top keywords, guys. Look at this 10 recipe box. Recipe box. Recipe keeper box. Recipe box cute. Is Amazon confused about this product? No, absolutely not. It knows exactly what this is. All right. Now I don't know if this is going to work. I'm just going to go and pick an older, an older listing here.
Bradley Sutton:
Let's go to like to page something that's not doing very good for recipe box. Let's go to like to page three. Maybe there's a brand new product here. Let's see, is there? Is there still a box that allows me to choose the top new products? There used to be a filter here that says like brand new products. Maybe it's not here anymore. Oh, here are new arrivals last 30 days. Let's take a look at this. All right, so this is last 30 days. Okay, perfect. Now I'm going to go to like something that's like way at the end here, like that's not ranked on page one, something that was brand new. All right, here we go. This is not a recipe box, but this is a tea leaf storage container. All right, let's take a look at this. I'm going to take this asin right here, copy this. Actually, I'm just going to run it directly in Cerebro. I'm going to hit this button and go run in Cerebro. So this is not a recipe box, obviously, but it's a. It's a newer product and if I'm looking at this, this product, it looks like a rectangular tea. Oh, tea leaf storage in here. That's probably what this product is. All right, but I'm just curious what is Amazon going to think that this is? Let's take a look right now. All right, let's go to Amazon Recommended and again, I obviously did not choose any of this. I have never looked at tea leaf boxes in my life here. But let's go ahead and do the same thing where we sort by Amazon Recommended rank and look at this. All right, this is not too bad.
Bradley Sutton:
Now, the number one keyword this has made a little bit worried. It says coffee tea, and the number two keyword says storage container. But there it is right. There. Tea box is number four tea storage, but a lot of okay. So this kind of is a good. This kind of is a good example here guys, look at. Do you remember how on the recipe box, how in the recipe box all of these keywords had recipe box, the top recommended rank, like there's no doubt what Amazon thinks is this product. But notice this newer product. It's got some random stuff here. Like it does have the good keywords here. But then look at this. It says can storage is the number three keyword, coffee container it's not necessarily a coffee container. Seal container T10, okay, well, t10 might be a good one. Empty tins all right. So this is interesting here because, as you can see this newer product, can you see how Amazon is a little bit confused, maybe about what it is? All right. So that's why, right here, how this can be powerful.
Bradley Sutton:
What I suggest doing when you are how does this tie into launch? All right, what I suggest doing is do a test listing, all right, because if Amazon is confused about your product, guess what's gonna happen as soon as you launch it day one. You're not gonna get top impressions right away for a keyword that Amazon doesn't think is your product, right? Sometimes it takes a little tweaking, like should you maybe tweak a little bit of your listing optimization to make it more relevant. Yeah, you gotta tweak that to get this Amazon recommended number fairly high and to see if you can get these impressions. So when you do a test listing, this is the reason why Number one is for Amazon recommended. Number two is to make sure that from day one you're gonna start getting impressions. Now, if your Amazon recommended is non-existent for an important keyword, it's probably it's gonna be difficult usually to get those PPC impressions.
Bradley Sutton:
So now the question comes in well, what can you do to influence the Amazon recommended rank? Well, sometimes it is about listing optimization. Usually, if you don't have any of your title, you having your title, well then Amazon will figure out what it is. Sometimes it's sending traffic to a certain keyword search. We talk about that a little bit in episode 500, about the kind of things you can do to make sure that Amazon gets that relevancy signal. But the point of this discussion is about making that test listing. Is, if you just launch your product and you're having to figure things, these things out, like all right, how do I send this relevancy signal? Do I need to change a part of my listing somewhere to make sure Amazon knows where my product is. And let me do this test wait an hour for it to update. All right, let me see. Does this have an effect on my PPC? What's happening during this time? Time is being wasted right In, like your honeymoon period and initial velocity.
Bradley Sutton:
You want to kind of like start off your product with a bang from day one, where you're potentially getting clicks and sales and ads of carts and different things from organic customers out there. Well, if you're having to spend all your time trying to fix things, you're accumulating days of bad like interactions with your listing right and then so it's gonna be that much harder to write the ship. So that's why in episode 500, I was recommending people to make this test listing do all these like test and figure this stuff out beforehand like on a quote unquote fake listing. Now, when I say fake listing, you still have to have a real UPC. So you have to pay 10, 20 bucks for a UPC. You're wasting, but for me it's invaluable.
Bradley Sutton:
Testing, get everything right so that you know what you need to do to your listing to get your Amazon recommended. Rank up what you need to do to your listing to get those PPC impressions, and then now on your real listing from day one day zero. Now you're starting off on the right foot, and sometimes it's not just about optimizing your listing. It might be that you have to send some traffic to a certain keyword. Well, at least, instead of trying to figure out what that traffic is, you already figured it out on your test listing and now you can just go ahead and start off doing that from as soon as you make your listing live. So again, that's just like a summary of the. You know the recent differences in the Maldives Honeymoon strategy. Again, go back to h10.me forward slash 500 to get you know all the details, and then I show some of my, or I talk about some of my tests. I did that that brought me to this conclusion, but I hope that is going to that episode, plus the 466 and 467 about how to set up your listing, should help you have a good launch. You know whether you're launching here in Q4 or going to launch in Q1, these strategies definitely should help you.
Bradley Sutton:
So now what I want to do is open it up to questions. Okay, js says how do you run a test listing before you order inventory? No, no, this is not before you order inventory. This is you've already got your inventory ready to go and it's probably in Amazon almost, or on the way to Amazon. At least it could be at any time during this time. It could be before you order inventory, but to me I wouldn't do it. That that's way too far in advance. I would do this test listing like one week before you're ready to actually launch, and the reason is is you want the freshest information. You know you want to do something three months beforehand and then basically it's out of date by the time you're launching three months later, right? So this strategy is to have all inventory handy and start with a dummy listing. Yes, that's what I do. That's what I'm literally doing, literally today. I'm doing that on one launch. I'm relaunching some holiday related products that are going to be good in December, and so I'm doing a test listing to just like check what's going on right now. But, like, the product is already on the way to Amazon from my warehouse in California, so it's going to be there in like four or five days. So, yeah, that's what's going on there. Good question Farhand says if we launch in Germany, then what strategy is the same strategy?
Bradley Sutton:
All right, so everything that I just showed you guys right now. You can also do for Amazon, germany, as far as looking at the Amazon recommended, and Cerebro, as far as you know, sending the traffic you know to your listing. Everything I mentioned today absolutely is applicable to the German market. Here we've got somebody who said how to rank a product which is a combo of two different products. Okay, great question. So there's different ways to do it. All right, and I've done it both ways. I've done a product where I have the exact same product and I make two separate Asins for it because the keywords that can go for it are different, and I was just like you know what I want to kind of like tailor, make my listing and the image and the copy for people searching for this thing, but the product could be used for something completely different and so I made a completely separate listing for that. So that's one way to do it, not very recommended unless you're in a very niche thing, like I am, if you've got like two products, like I don't know, like I'm looking here at my desk, like like headphones and a microphone right Now.
Bradley Sutton:
Number one you want to make sure that you are relevant for the customer who is most likely to buy that product and who is the customer that's most likely to buy a headphone and microphone combo? It is somebody searching for headphone and microphone. So you've got to find the keywords most related to somebody looking for that combo, right, which is different for every product. Obviously it could be for this one, it could be podcast, podcast beginners kit or something Headphone and microphone combo, right. Those are words specifically for somebody buying a microphone. But then what I think you're asking is sometimes maybe somebody's searching for headphones but they're like oh, there's headphones and microphone together. I might go ahead and buy that. Well, yeah, now you've got to optimize and be ready for those headphone only related keywords and the microphone only related keywords. So it's kind of like you are doing three different keyword research. You're doing the research on other products and other keywords that have already the same combo that you have. You're doing research on the ones that have just one of the products and a research on ones that have the other one of the products, and then what you're going to want to launch on for me is going to be still the keywords. That is most likely to get you a sale and that's going to be on the combo products, right. So, or the combo keywords. So that would be my suggestion to you there.
Bradley Sutton:
Great question from Dan says is there a Helium 10 workflow chart checklist to help launch a new product on Amazon? It's pretty much that, that, those podcast episodes I mentioned. Now we're going to make that into like a PDF form soon. A lot of customers have been asking for that. But if you want to like it to go through a checklist to make sure you've done, you've done everything you can on the keyword research, you've done everything you have on the listing optimization, again, go to episode 466, then 467 and then 500. And those three episodes is kind of like my virtual checklist of everything you need to do, from the keyword research to listing optimization, pre-launch and then launch.
Bradley Sutton:
Now that the CLA says Bradley, what do you suggest? Create a campaign with each ad with all three match types, or create one campaign with one ad group containing all three match types? I'm not 100% sure I'm understanding, but if I understand what you're saying, basically what I would do is or what I would do what I do do is I make separate campaigns, each with one ad group, and it's a different match type. So I always start with one exact match campaign. Okay, I have another campaign that is a broad match. Usually. I have another campaign that's auto, and then I'll have two different product targeting campaigns. One is an asin targeting campaign and then one which, and then one that is a sponsor display campaign. But yeah, if you're talking, if that's what you meant by the match types you know, like broad, exact and auto, yes, I always keep those in separate campaigns, personally, in atomic Of course I'm talking about.
Bradley Sutton:
Kassar says new launch in Canada market. Give me some tips about how to rank in Canada. 100% the same. So everything Kassar, that I said today about launch, I obviously was talking about the US market, but that would be the. That would be also the Canadian market, german market, whatever you're launching, and you would use those same strategies. Everything works. Or back to Dota says I have gold cross necklace as phrase, match and gold cross necklace as exact in the same ad group. At which point should a performing keyword be moved as an exact keyword? Yeah, so, so again, for me, I wouldn't have that when I set up my campaigns. And helium 10, atomic, I keep the, the, the match types separate, all right. So what, what I'm going to have is I'm going to have a. Let's just say I don't have gold cross necklace as an exact match, but I have gold cross. Gold cross, all right, or no? No, no, let me say gold necklace as a phrase match, right? Okay, I set up atomic rules to say if I get two orders at a certain a cost or below, to go ahead and suggest to get that and make it an exact match in my Exact campaign. So then, if gold cross necklace, which is a phrase match from gold necklace, if gold cross necklace gave me two orders at 25% a cost or whatever you know I had chosen for that, it's gonna actually suggest to me to hit a button and it's gonna move it to my exact match campaign which again, is separate from my phrase match campaign.
Bradley Sutton:
Very important, in my opinion, to keep things separately for this reason, so that you could kind of like segregate what's going on as far as the a different, as far as your different campaigns and match types go. Constance says, when creating a new manual exact single word campaign, would you suggest to go above the suggested bid and do placement strategy a hundred percent for product pages and top of search to collect data or burn money? Yeah, somebody asked me this before. I'm old school, alright. So me personally, I don't use the placement strategy. That does not mean that it's bad or that you shouldn't do it, it's just because I have a system that's been working for me for years where I just changed my actual bid instead of doing the placement. You know, you know the bid modifiers and it works for me. Now, if you want to play with the, you know the top of search and stuff like that, there is nothing wrong with that. I know plenty of a very successful Amazon sellers who use that. But me personally, I keep everything in atomic, just strictly about the, the bid, and I'm looking at my keyword ranks right In atomic you can actually see, if you're tracking that keyword and keyword tracker, where you are ranking and sponsored. So that's why it's easy for me to like just modify my bid, because if I have boost on and keyword tracker, I know exactly where my sponsor that is showing up, if it's showing up in in 10th or 15th or 1st or 2nd, and so I know that. Alright, let me raise my bid up. Alright, then I'll get a little bit higher rank theoretically, alright. So that's that question.
Bradley Sutton:
Dauda says Bradley, how can we get a one-on-one call with you? So this is for helium 10 elite member. So I do one-on-one calls Once a month with any helium 10 member who wants it, and there's also group calls we have. So if you're part of helium 10 elite program, yes, you can have one-on-one calls with myself and also carry. Alright, daniel says my product is a two-piece set One main product and one complimentary product. I made sure that both are purchased together and I'm using 80% keywords for the main product and 20% for the complimentary. So wait, daniel, is your ace in just one ace in, or are you having people or do you have some kind of deal where it's like buy one and then Get this one for X percent off or something? If both of you, if this is just one ace in, daniel, what you want to do is Exactly what I said about 10 minutes ago. I don't know if you caught that, just rewind on this, but you want to make sure that that you're focusing on the Combo keywords, where people might be searching for both together, and then, yeah, going For the individual keywords as well, because sometimes this is differentiation. Maybe you, maybe there are no combo keywords out there and you just put this bundle together because you know that people will probably buy it, even if they search for just one, then yeah, then all you have to worry about is the individual Keywords. I'm not sure about 80% keywords for the main product and 20% for the complimentary. It depends on what you think has the most search volume for somebody who would buy that product, because maybe the people who buy the complimentary product are more likely to buy the combo and in that sense, you shouldn't just be Giving it 20% of the keyword keyword juice. Right there.
Bradley Sutton:
Kassar says when a good selling product, people start the price war, how to survive to maintain your organic rank in the product. Yeah, well, first of all, sometimes you just can't. Let me just say that right now. I know that's bad news for some of you. Sometimes it just gets so crazy that you just can't make money. You're just gonna have to cut that product after you sell out, all right. That being said, you know, like the coffin shelf right now for Project X, we've got tons and tons of competition and they're just doing some ridiculous pricing. You know, like we're, there's no way they're making money on it due to I know what shipping costs, right? So what I decided to do? I'm doing the opposite. I'm going up in price. I'm raising the price by like three or four or five dollars and I added about three or four or five dollars of cost To my product because I'm expanding out, like I'm doing some like really cool box that I'm going to use and I'm adding some trinkets to the coffin shelf to, and so my theory is that, hey, I'm gonna catch the customers who are looking for a more premium style of product and if this doesn't work, you know what? There might come to be a day where I have to stop selling the coffin shelf, and right now I can still sell it for a higher price. But if sales ever go down to zero, I am not gonna get in a price war. You know where. I'm not gonna put the coffin shelf for 19 dollars when I used to sell it for 32 dollars. No, so sometimes you just can't Compete. At that you you'll have to cut the courts. But Enhance your product with different, with different things, and go for that more premium look, and you know you could have some some action there.
Bradley Sutton:
Mario says Quick question Should I negate an important keyword for my product after having spent 25 dollars on it and zero sales, when the product itself is 40 dollars? This is a good question. Now, if you, if it's one of the main keywords like this is what people would search, before just blindly negating it, you've got to figure out why people are not converting. All right, so I would look in search query performance for that keyword and look at the Competitors who are getting high clicks. You don't know who's getting high purchases, so you know you could do that. You could look in brand analytics and see who is the top three Clicked and then is there one of them who is getting a lot of sales. And then I'll just take a look at that listing and ask yourself why is somebody clicking on my competitors listing after searching for the same keyword and they're buying my competitor product but not mine. So you've got to ask yourself what is the reason why they're not.
Bradley Sutton:
Now, if it's a keyword that you just think is relevant to your product, are you were hoping is relevant to your product? Well, in that case you might have been wrong. So, where that cutoff is for you $25, you know if that, if you got, for me it's almost more important the number of clicks. Now, of course it's important how much you spend, but if I only got 10 clicks and that was what cost $25. That might not be enough data to say, hey, I need to negate it. So it should be like 2025 clicks, 30 clicks even, or yeah, if you get 30 clicks and you don't get a sale, you're probably not gonna get a sale. And again, all of this can be done right there in atomic, so you don't have to. You know, look at this manual. Amazon is regularly increasing different types of fees and squeezing the profits. Please guide on pricing strategy while remaining in Competition. So so, yeah, this is why you have to have your helium 10 profits Active and connected to your account and be monitoring that, because you've got to really keep an eye on the PPC cost. You know the other fees no, amazon is not charging that much. You know Amazon increases fees, but it's it's pennies that that Amazon increases.
Bradley Sutton:
If that affects you, you've got bigger problems. All right. If Amazon increasing the fulfillment on something from 73 cents to 81 cents and that kills your bottom line, you've got some other problems. That's different than just Amazon, all right. The one that really affected some people, which I can empathize with, is Amazon doing away with the small and light program that really affected me. That wasn't just a matter of pennies. You know that's like a dollar worth of profit off of our bottom lines a lot of us, you know, if we didn't do anything. So it's very important to make sure that that is. That is a setup. All right, we got one more. Ali is in the green room. We'll bring up Ali to the stage. Ali, how's it going? Hey Brad, how are you Pretty good on yourself? Excellent, yep, go ahead.
Ali:
So I'm just launching my new product. I just wanted to know that, is it better to launch in the fourth quarter or should I wait till January and then launch it? Because you know, right now the competition is really high and the sales are high, but my budget is not that much. Initially I have the budget, but I'm trying not to spend too much so that I can, you know, learn the game first and then go big.
Bradley Sutton:
Yeah, it depends. It depends on on on the market. You know like if you've got a product that is still gonna, you know like if you're selling a Christmas tree ornament, well you better launch it now because you know you're not gonna do very well in January. But if it's something that is too expensive to launch now, because the traffic is so high that the amount of sales it's gonna take to get to you to page one is is going to be too much, that's a personal decision. You know you might have to wait.
Ali:
Yeah, page one, you know there's not a lot of reviews on. The maximum number of reviews are like 100 or 150 or something, but the search volume is a lot and it says not a seasonal product. So I think it would do well in any season. That is the thing.
Bradley Sutton:
Yes, so those. That's the thing. You have to wait because the other thing is, like you said, maybe the search volume is very high right now, meaning it'll be very expensive to launch, but if this is the window where People have 50 and 75 and 100 reviews, but if you wait until February, everybody now all of a sudden has 400 views, yeah well, it's still gonna be expensive now because it's gonna. It's gonna cost you more to get you know, to get the velocity. So so there's, there's almost no right or wrong answer per se.
Ali:
Yeah, I mean personally.
Bradley Sutton:
I have never, ever, waited until Q1 to launch something. If I have something, I have the product in here and it's October, November, I'll go ahead, and I'll go ahead and launch it.
Ali:
Okay, so can I ask one more question? Okay, I decided to go through the PA 3PL route. You know I'm not I'm not delivering the product directly to Amazon. So I was looking into it and I really can't find some reliable website or somewhere to find 3PL. So do you have any ideas about that? Although that's a very immature question, but I did just try out hubhealyum10.com.
Bradley Sutton:
So there are some 3PLs there, hub.helium10.com and the Helium 10 users have like reviewed some of them, so I would take a look at the ones, look at the reviews and then go from there.
Ali:
Okay yeah, okay.
Bradley Sutton:
Okay, all right. Dan says this listing builder have all the features of screw, but you shouldn't be using. No, nobody, guys should be using scribbles anymore. I don't even know why we have that tool still active, like, like listing builder 100% took it over and it's way better than scribbles, all right. So, yeah, you should only use a listing builder. And if you have trouble syncing the listing Check with support, you know, make sure that you the the SKU that you're editing. All right, make sure that it is the original contribution skew. All right, make sure it's the original contribution skew, otherwise it's not gonna sink. But yeah, when, whenever I have trouble getting a listing updated, usually actually in listing builder, it actually updates better than if I try and do it myself.
Bradley Sutton:
A real estate Emporium says if our product is selling good, you recommend adding new variations or more products in the same niche. No right or wrong answer here. It's different for everything you got to choose. I've done both ways Before. Where I've added new variations, like a new colors, because I see the demand Sometimes, I'll just, instead of that, I'll launch a new product like, instead of a regular egg tree, a stackable egg shelf. So you can go both ways. That's a beauty about Amazon. All right, guys, that's all the time we have today. I was glad I was able to get to a lot of questions. Sometimes it takes you guys just a little bit to get Loosened up to be able to ask questions. So thank you guys, very much for joining us again. This is something we do every single week for our Serious Sellers Club and Helium 10 Elite members, but once a month we open it up and we repurpose this as a podcast episode. So thank you guys for joining us and we'll see you again next month when we open up this. Ask me anything. Thanks a lot, guys. Have a good rest of your day. | |||
| #504 - Amazon Unboxed 2023 New Releases | 28 Oct 2023 | 00:48:34 | |
Join us for a fascinating discussion as we unpack Amazon unBoxed 2023, exploring the most exciting releases such as generative AI and more that can level up your advertising game. Our co-host from Pacvue, Anne Harrell provides us with a unique perspective on the advertising industry. Let’s start with our chat with Jeff Cohen, Principal Evangelist, Advertising API at Amazon, as he shares his transition journey and the biggest differences he's noticed. Listen in as we dive into the role of ad tech in digital transformation and its implications for brands. We examine Amazon Ads' new offerings like generative AI and sponsored TV, which promise to revolutionize brand imagery and audience engagement. Get the inside scoop on Amazon PPC and new-to-brand metrics that could redefine your brand's success measurement. We also explore Amazon Publisher Cloud, a game-changing technology for publishers that promises unique and differentiated opportunities for advertisers. Get to know Miranda Chen, the director of growth and modernization for Amazon Marketing Cloud, as she walks us through its potential. Learn how lookalike audiences can help your brand reach new customers and how templatized analytics can make AMC more accessible. We also examine Amazon Marketing Stream and Rapid Retail Analytics, which provide valuable data on retail signals. Discover how sponsored products can appear on platforms like Pinterest and the features that make Amazon's new Sponsored TV offering a game-changer. All this and more, right here on our podcast!
In episode 504 of the Serious Sellers Podcast, Bradley, Anne, and our special guests discuss:
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Bradley Sutton:
Today we've got a special episode here at Amazon Unbox 2023 where we're going to talk about all of their releases, like generative AI and sponsored brand hats, and also a lot of cool things like sponsored TV. How cool is that? Pretty cool, I think. If you're like me, maybe you were intimidated about learning how to do Amazon PPC, or maybe you think you just don't have the hours and hours that it takes to download and sort through all of those sponsored ads reports that Amazon produces for you. Adtomic for me allowed me to learn PPC for the first time, and now I'm managing over 150 PPC campaigns across all of my accounts in only two hours a week. Find out how Adtomic can help you level up your PPC game. Visit h10/adtomic for more information. That's h10.me/adtomic. Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10 I'm your host, Bradley Sutton, and this is the show that's completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. We're here at Amazon Unboxed in New York. I've been on the road for like three weeks and there's a second there where I wasn't quite sure where. I was. I've been in so many countries lately, but we've got a co-host today and from Pacvue, and how's it going?
Anne:
Great. How are you doing?
Bradley Sutton:
I'm just delightful. Now, what is your background? What do you do at Pacvue?
Anne:
Yeah, so I'm a product solutions director for DSP at Pacvue, so I do basically anything related to DSP and AMC help with our product road mapping, help with strategy for some of our enterprise level clients doing customer within AMC marketing you name it, I probably do it.
Bradley Sutton:
How long have you been at Pacvue?
Anne:
I've been at Pacvue for coming up on four years now, so about three and a half years total. A lot has changed since I joined. I started at Pacvue focusing on our managed services team, so I was primarily working with some of our strategic accounts, helping to build out their capabilities, doing strategy not just for DSP but across kind of omni-channel focuses, so for search as well. Prior to working at Pacvue, I actually worked in an agency in Austin, Texas, where I'm normally based, where I again did omni-channel strategy for enterprise level accounts. So my background is not just with programmatic and DSP, but I really gravitated to it. It's just one of those types of advertising channels that really allows you to have a lot of flexibility and creativity and really is conducive to innovation. So I really enjoy working on the DSP side of things.
Bradley Sutton:
Cool. Now what did you go to school for?
Anne:
I went to school for advertising, so I think I'm in the right place.
Bradley Sutton:
Okay, so you're right. Where did you go to school at?
Anne:
It's called St Edward's University. It's in Austin, Texas. So I've been in Austin since I went to school and I just never left about a decade.
Bradley Sutton:
Okay, I was about to say, because you don't sound like you were born and raised in Austin.
Anne:
I was not Okay.
Bradley Sutton:
What were you born and raised?
Anne:
Well, where I was born was Hattiesburg, Mississippi, but raised is a harder question. I moved about 10 times before I graduated high school. So you pick a state, I probably was raised there.
Bradley Sutton:
Okay, cool, yeah, because I was like wait a minute, she doesn't sound like a native Texan here.
Anne:
I know no accent yet.
Bradley Sutton:
All right, maybe 15, 20 years from now you might have a little twang in here.
Anne:
Right, right, I actually have a little bit of a Southern accent, I think I kind of got rid of it as I moved around.
Bradley Sutton:
Okay, cool. Now what are you? We're going to be talking to some people that probably people have never heard of podcasts, right? You know there are exactly executives here at Amazon who are you most excited to talk to today.
Anne:
If I were to have to say, my favorite subject matter is definitely the DSP AMC side of things, and I know that we're speaking to Kelly, who's the VP of DSP, so that's obviously a great place to start. We're also going to speak to Miranda, who is a director for AMC at Amazon, so I think there's going to be a lot of really great content around that. But in general, we're also talking to a lot of people who are very broadly focused across all of ads, and so I think we'll have something for everyone in this one.
Bradley Sutton:
Yeah, so you guys might be. There might be some newbies out there, don't tune out. This is stuff that you're going to need to know If you're an advanced seller. We're going to talk about some stuff that you guys might be able to use right away. That was just announced this week at Amazon Unbox, so let's go ahead and hop right into the interviews, all right. First up, we've got my brother from another mother here, jeff Cohen. Jeff, how's it going?
Jeff:
Everything is great. So great to see you, so great to see the whole Helium 10 Pack View team at this conference. It's great to catch up with everybody.
Bradley Sutton:
Yeah, Now you've been in the game longer than me. I remember the very first conference I spoke at. You were a speaker and you were already a veteran speaker at that time. You know side note that that conference there probably had the best food I've ever had at the conference. This is probably the second best Like.
Jeff:
I'm really impressed with the offerings here. Yeah, I'm curious what conference that is, but we don't have to go into that now.
Bradley Sutton:
But it was right here in New York. But you were on the SaaS side. You know, like I am now. Now you're at Amazon, like what's been the biggest you know kind of eye-opening thing or difference, now that you're on the other side of the aisle.
Jeff:
Yeah, interesting because I always like to joke that you know I drink the Amazon Kool-Aid before I ever like came here. I've been an Amazon like fanboy since like 2005 when I started textbookscom and it's been interesting because I'm in a unique position where I can bring the outside in and the inside out, and I think that you know, one of the many things that I've learned is maybe like the patience that you have to have with Amazon Maybe I didn't have as much patience when I was on the outside and the amount of time that it takes for some of the things to develop at Amazon. But when they like grow and they go to scale, it then moves at like this rocket ship pace. And so I think you're starting to see that with some of the tools, like AMC or even like you know what's happening with, like Amazon Studios and some of the new, you know productions that are coming out, you have this like rocket ship pace of what's happening in terms of the development and the new opportunities and how advertisers are using the technology, and so you have to kind of be patient when new things come out. So when you have a totally new product like Sponsored TV, you got to realize that it takes a little bit of time to kind of figure out how does it work into the individual advertisers media mix, and so that's the measurement work for each brand along the way. But then once it kind of gets up to full speed, you get to see like how it all works and you know and how it's really excelling brand growth.
Bradley Sutton:
Yeah, now we're going to be interviewing a lot of your colleagues here about some very specific announcements that happened here at Unboxed and before I ask you to give a rundown, you know, one of the things that was announced today it's on the website too is about the new generative AI that can help people doing Sponsored Brand Ads to generate some new creatives. Can you talk about that just a little bit?
Jeff:
Yeah, I think there were like three themes to the keynote today that I kind of jotted down. One was this idea of, like digital transformation and one was this idea of like how ad tech plays in in a responsible way. And then the third one was like how we reinvent, right, how we have reinvent what's possible. That was said numerous times, and I think Gen AI kind of fits into almost all three of those categories. And you know, we saw a lot of opportunity, a lot of new changes with Gen AI that have come out of AWS. We saw a lot of changes with Gen AI that came out of Amazon Accelerate, and now we're starting to see some come out of Amazon ads and I'll you know it's cool, right, we can take a product and we can turn that product into a full lifestyle image. And I think it's if you can just start to kind of think about where the possibilities go from there and what else brands can do and how we can enable that, either with what Amazon ads is doing or with what our partners are doing right, because it doesn't always have to be invented by us at Amazon it's really making it easier for brands to be able to take advantage of this technology that maybe was a little expensive or time consuming or difficult to use, and now it's all done with prompts and it's really simple and easy and that's really cool yeah.
Bradley Sutton:
Now, what about some of the other announcements? Say you have any. You know things that stick out that you're especially excited for.
Jeff:
Yeah, I think that what we're doing I mentioned it during our opening segment but Sponsored TV, I think is a really cool one and you know, in short, it's democratizing the ability for brands to be able to place ads into our streaming portfolio right so across Prime Video, free V and all the other channels that we have that I can't even remember them all because I'm supposed to think so quickly and I think that's really cool. And again, like there's no budget for that, you do have to have the creative, but Amazon has services that can help you make that creative or there's third parties that can help you make that creative. And I thought that was a really exciting announcement that was made, you know, on the heels of the announcement that was made a month ago. It was kind of reinforced about like what's happening with Prime Video and it moving to an ad supported network, creating a ton of, you know, new inventory for brands to begin to explore, and that's really super exciting as we start to go into it. And then there was like a bunch around ad tech and like what's happening around measurement and I know, like from you know, we're all near and dear to this idea that measurement is critical to our overall success and new metrics that are being released, making it available to understand how new to brand customers are impacting the business, and I think those are all really important for us to be thinking about because we have to close the loop. As advertisers and as we move to this cookie-less world right, it's signs point to it happening in 2024, we have to find ways to be able to close the funnel and understand how our ads are working, and Amazon's working really hard to help brands be able to do that, both within our suite and also when you're outside of our suite.
Anne:
Yeah, you mentioned the new. New to brand metrics, new to brand consideration metrics, I think is what we're calling them. Can you walk our listeners through what those really are?
Jeff:
Well, when you're looking at new to brand, right from like a super high level, new to brand is starting to give you this metric that's beyond ROAS, and it's starting to allow brands to look at who was not buying their brand within the last 12 months. Who's now buying their brand, and there's a suite of metrics now that are available for you to be looking at so that, as you're looking at different inflection points of your advertising, you can start to actually dial down into what action you're looking for people to take. And I think that's what's really cool. And it's like this evolution and brands have to think through this evolution like one of the simplest ways to think of this, right for people who maybe, like this concept's a little far for them. One of the simplest ways to think of this is around this idea that, like, if you're trying to get more awareness of your product, when you're looking at a video, you don't want to just see video views, you want to see how long they've been watching the video, and so you might start optimizing your campaign based on video length, how many people get to a half the video or three quarters of the video. And so, when you start to get into the new to brand type of metrics, you're actually saying, okay, I want incremental growth and by definition is, you know, sales you wouldn't have had before. One of the best ways to measure that is by people who are new to your brand, and so by having multiple metrics now to be able to understand how those are being impacted, you can now go back into tools like AMC and see how that funnel is working and which ones are driving the actual you know points that you want to drive and that that's really cool, right, it's, it's very excited about.
Anne:
I'm very excited too, yeah.
Bradley Sutton:
Awesome, all right. Last question for you know maybe not something that was released here at Unbox, but you know you're very active on LinkedIn. You see what people are posting about. You know I'm sure you look at metrics about what advertisers are using. Is there something in Amazon advertising that you feel is is kind of being slept on or not enough people are talking about it, that you think more people should be using it?
Jeff:
I mean more people should be using Helium 10 and Pacvue.
Bradley Sutton:
That goes without saying.
Jeff:
Okay, besides that, I think that you know, bradley, you and I get asked this question a lot, right? And? And our answer is always it depends. And I think that, instead of like saying, like this is a tool that you should be using or this is a a, an advertising function, you should be trying, I think that advertisers need to be open to the idea of test and learn, and I think the more you can train your mental model to work in a test and learn type of environment, the more open you are to change, because the only thing that's constant is going to be change. Right, and you started by saying like, where this industry was years ago when we both started, think about all the change that's happened and all the change that's occurred, and the brands that have not just survived but thrived through that are brands that have taken advantage of new opportunities, have invested by testing and learning and have then double down on the things that we're working. And I don't mean to oversimplify it, right, but it's not a very specific answer of like, use helium tens tool for keyword, blah, blah, blah, but it's like that's just one piece that you then use to implement the strategy. So work backwards. What's your goal. How are you gonna get there? And then figure out what tools you need to help you scale.
Bradley Sutton:
Awesome. All right, well, jeff. Thank you so much for joining us. We've been trying to get you on the podcast for like two years. I'm happy it finally happened and we'll definitely be keeping in touch. Appreciate it. Thanks, guys. All right, next up, we've got Kelly here. Now, Kelly, can you go ahead and introduce yourself? Tell us what you do at Amazon.
Kelly:
Absolutely so, Kelly McClain. I lead our demand side platform at Amazon, so we call it ADSP, and excited to be here.
Bradley Sutton:
Thank you for the time. Awesome, Awesome. Now you were, you know. Just saw you on stage a few minutes ago. What were your big reveals of the day?
Kelly:
Yeah, really good question. So I think if, if you think about Amazon ads and kind of where we've, where we've been and where we're going, we've really continued to make a lot of progress on on how, what we've been building a lot of our goals. We're focused a lot on interoperability with our ad tech solutions, so making it easier to use. We're focused a lot on performance improvements and then again, all of this is underpinned by making sure that we're putting privacy at the core of everything that we're doing, and so, with that in mind, we've been kind of launching this week in particular, a lot of different updates around, as you think about planning, activating and measuring, right. So within planning, we were launching Cross Channel Planner, which is a new way for you to really think about full, full funnel planning. We announced Amazon Publisher Cloud, which is the new clean room technology for publishers, which we're really excited about. We've been making a lot of performance improvements to the demand side platform, both with the user interface as well as the backend performance, and then we've also been been launching a lot more on our measurement capabilities, right, so making sure that marketers are getting the insights real time, making it a lot easier for them to kind of understand. You know how they should be looking at performance and where they should be making future investments. So we're excited about it. It's going to be a really fun week.
Bradley Sutton:
Awesome, awesome. We have our resident DSP nerd here, Ann, so she's going to go ahead and ask have some follow up.
Anne:
Definitely. Amazon Publisher Cloud was announced today, which is a big step for your publishing partners, obviously. Do you see any benefit for advertisers with this release?
Kelly:
Yes, definitely, and you know, I think to your point. I mean we've had, if you think about kind of clean room technology, right, really starting with cloud solutions. Then Amazon marketers cloud right thinking for marketers on how we can help support them. And Amazon publisher cloud it's going to be a mouthful after I'm speaking all morning. So excuse me, but you know that's really about a solution for publishers, right, giving them much more of the ability to pair any unique insights that they have right Demographics that they might know, of course, with folks who are coming to their site and then pairing that with Amazon Ads data. But the real core of that is, of course, providing opportunities for publishers but making it easier for them to connect with advertisers, right, advertisers. Often that you know there's so many different deal opportunities out there. A lot of the kind of deal process is very manual today and it's hard to discover the right deal and knowing which deal is right for you to reach your audience and so you know. A simple example, right is, if you're, let's say, you're a common website and you know the different demographics that are coming to your site every day, but by layering on Amazon audiences, you might realize, oh, I actually have pet food lovers who or sorry, pet food lovers- I have pet lovers who are coming to my site that I didn't realize, and so then that offers publishers the ability to maybe customize some unique deal opportunities to advertisers who might be trying to target pet lovers right, or specific brands who might be selling pet food, and it provides much more unique, differentiated opportunities, and we actually had a recent test with NBC Universal and they were able to offer three and a half times more reach than what they'd seen in the past, which is really exciting. So we see this as beneficial to both marketers and to publishers by really making it a lot more simple to connect with audiences.
Bradley Sutton:
At the end of the day, you know, pet food lovers are pets in about 10 years at Unbox. I predict like there's going to be some DSP where pets can actually base, you know, based on what they see on TV.
Anne:
They've already made more of the food, Exactly exactly, so we just launched something.
Kelly:
And if that's possible, maybe pets will be transformed into some sort of language that they can then activate.
Anne:
I think so, I think so. I don't even want to think about that.
Kelly:
I know, I never really thought about that?
Anne:
Yeah, that's very exciting. So, essentially for the advertisers listening, it's going to make your reach potentially broader but also more relevant, right? So the publishers have the ability to make targeting more relevant Absolutely Great. Another big announcement was the cross-channel planner. Yes, so can you walk us through how you think the ability to forecast reach will change how advertisers perform through their DSP program? Yeah, absolutely.
Kelly:
I mean, I think one of the biggest challenges today, as you all know right, is the fragmentation of channels and information and the overload of signals, right, and so that's where we're excited with Cross Channel Planner providing more of the ability to help marketers understand who they should be reaching right across the funnel and get much more information on how to kind of more efficiently drive their spend. In the past, we've launched Channel Planner, so that was our first product for mostly catered towards streaming TV, right, and how do you think about reach curves and how do you make sure that you're delivering against that for upfront pitches and so forth, and this is really kind of the next iteration to driving more efficient spend. So, ultimately, we think this is going to be kind of the next step of just providing much more granularity across all of the Amazon ads products on Amazon beyond Amazon, to make it easier to figure out. Okay, where should I be allocating my budget in the best way possible? We had a baby brand who actually was reaching audiences and they activated. So they leveraged Cross Channel Planner, activated via the DSP, and then they used custom advertising to direct customers to their online store and actually had four and a half times click through rate and 11% increase in impurchase rate, which was pretty cool to see. So again, I think the ability to plan and then easily activate is something that we're really committed to and excited about.
Anne:
Do you think this will be applicable for advertisers who are advertising both on Amazon and off, so more so that third party placement this will help plan for that as well. Absolutely.
Kelly:
So Amazon is known for retail media and driving conversions in the Amazon store, and we've been making so many investments over the past several years to really drive much more full funnel solutions and making all of our solutions work for all types of advertisers whether you're an advertiser that sells on Amazon or not because we're really excited about the power of again combining Amazon signals with marketers, third party and third party signals in a way that you can actually drive conversions, drive reach and have more of a full funnel experience and conversation. And that's where our Amazon publisher direct team comes into play, where we have a lot of these relationships and can reach anyone across the internet. But we've also been investing in modeled audiences and the performance through the DSP, and so a lot of people are kind of thinking about the loss of cookies in a negative way. We actually see this as an opportunity. We see this as a way to really innovate and rethink how marketers can potentially reach people in a privacy, safe way. That also drives performance, and so this is why we've also been investing in our modeled audience solutions right so, especially as we think about driving sales or reach off of Amazon, and we've been seeing over 25% increase delivery with a lot of the solutions, as well as 12% less cost per click per impression, which I'm barely able to talk. I'm going to lose my voice by the end of this day. But so, yeah, I think all of these from again, the planning, how you can activate all of the performance improvements we've been doing within our DSP we're excited. We'll continue to help accelerate marketers across full funnel wherever they want to reach people, which we're thrilled about.
Anne:
Definitely the ever looming third party cookie deprecation. Yes, exactly.
Kelly:
Yeah, a lot of energy, but understandably, and I think it's the right thing for us to rethink how we can really connect marketers and people in the right way, moving forward.
Anne:
Agreed, agreed. Another thing that was mentioned was the bidding enhancements that are now going to be available through the DSP program. So, essentially, you pick a KPI and you let Amazon do all the bid optimization in order to get to that KPI. Do you think this is going to change costs for advertisers, like, will CPMs go down in highly competitive categories or go up because of this automation?
Kelly:
Good question and, being a DSP enthusiast, I'm sure you know that our system has been really hard to use in the past. We've heard feedback from customers and partners that it was very complex, and so we've really been. So this goal seeking bidder, as well as re-augmenting our interface so that it's much more anchored on goals, has been paramount. We want to make it easier to use the DSP. We want to understand what is your goal, what are you trying to do? What outcome are you trying to drive for your business? And we've been making a lot of user interface improvements. And then the goal seeking bidder, on the back end to your point, I'm not sure what it will do in terms of you know, I can't talk to overall pricing in the system, right, but what I can say is that we're already seeing, you know, up to 40% reduction in CPAs, where we're able to better optimize against a goal, and we're seeing marketers just really gravitate towards the ability to kind of have much more of a simple experience. But we also believe in control, and so I think that's one of the powers that we think the Demand side platform has is, if you want all of the customization, if you want the complexity, we have that right. You can really adjust whatever types of bids that you want. You can layer on various different types of audiences. You can play around with different creatives. You can, you know, make a ton of different ads to try and test and at the same time, if you want a more simple, easy experience, you know what your goal is. We're able to help optimize and provide recommendations on the best way to do that. So we see it as kind of a nice balance in providing marketers kind of that wide range of capabilities, because we think there's a lot of different discussions in the industry right now on what way folks are going to be going.
Bradley Sutton:
Awesome. Well, thank you so much for your time and thank you for all you do at Amazon. We appreciate it.
Kelly:
Thank you for the partnership. Appreciate it, of course.
Bradley Sutton:
Thanks, thank you All right Now we've got Miranda. Miranda, this is our first time meeting you, so can you introduce yourself and tell us what your position is at Amazon?
Miranda:
Absolutely. I'm Miranda Chen. I'm the director of growth and modernization for Amazon Marketing Cloud, or AMC for short. I've been at Amazon for 11 and a half years now, live in the Bay Area and at AMC I lead several teams responsible for product and engineering, developing our audience activation capabilities, making AMC easier to use for more and more customers, as well as our go to market and customer enablement activities.
Bradley Sutton:
All right Now. We have a wide variety of listeners, anywhere from brand new people selling on Amazon to humongous billion dollar brands. Now, the billion dollar brands probably know all about AMC, but some of our newer ones might not understand that. Maybe there can feel like wait, marketing, stream, marketing, AMC, there's all these acronyms. So can you just give a quick, maybe 30 second, one minute introduction about what is AMC?
Miranda:
Yeah for sure. So Amazon Marketing Cloud, or AMC, is Amazon ads as clean room, so it's private and secure by design. Each advertiser has their own campaign signals of all their various Amazon ad spend within their particular instance. So we have signals from sponsored products, sponsored brands, streaming TV effectively like all of the actual campaign events and enables custom flexible analytics on those signals. And then it also enables advertisers to be able to upload their own first party signals or third party signals so you can think of, like product catalog, retail conversions, things like that, and so then you can generate really really flexible insights, typically using SQL, such as path to conversion, reach and frequency, overlap analysis and then actually take actions on them.
Bradley Sutton:
Cool, so most of our listeners probably weren't able to attend here at Unbox. What's the big release for your department here at Unbox?
Miranda:
Yeah, so we had a couple different releases specifically related to AMC that I can touch on. The first was AMC template analytics. So it takes some of our most popular queries, such as path to conversion, reach and frequency, and then allows users to be able to generate those insights without needing to touch any codes. So that's a pretty exciting development, particularly since we know that not everybody no SQL has taught themselves SQL overnight. And then the second one was AMC lookalike audiences. So we already have the capability where one can generate a custom audience based on specific parameters. So let's just say, an advertiser saw, wanted to create an audience of folks that had seen their detail page view or even added to cart but didn't actually activate and then wanted to drive better performance. They could create a particular, they could run a query, generate that insight and push that directly to the DSP. So that's one way. That's AMC rule based audiences. And then now we launched this enhanced capability for lookalike audiences. So it enables effectively exactly what it sounds like. So finding alike audiences based on that same seed, leveraging machine learning in a clean room capacity trained on Amazon, shopper and customer signals, but all still in a private and secure place.
Bradley Sutton:
All right, you're already starting talking technical terms that are over my head, so let me bring in the smart one of us. And to clean rooms. My room's not clean, I don't know. That's not what we're talking about here, but go ahead and please follow up and make me sound smart here.
Anne:
Yeah, of course. So I'd like to talk about lookalike audiences more specifically, because this is a way for brands to reach highly relevant, essentially new customers. So do you think this will change the way people are targeting that new to brand customer targeting incrementality?
Miranda:
Yeah, I mean we think it's going to be a great way for brands to be able to reach more and more shoppers. So, as I mentioned, the lookalike audiences are trained on based on deep, deep ML, based on lots of very, very, very good signals, and then the advertiser can actually leverage, can get to choose what's their specific seed for the audience, like what's the general size of the audience, based on their objective and then also the relevance. So I think it'll be a really key tool as a part of the marketer toolkit.
Anne:
Yeah, definitely. Do you think lookalike audiences are scalable for brands that maybe have lower purchase data or lower engagement data that are using AMC?
Miranda:
I think so. I think they're precisely like the brands that actually could benefit from it, right Because they have a small bit of deterministic signals that they actually want to be able to enhance. And then also because AMC is private and secure by design, as I mentioned, they can also choose to upload their own first party or third party signals and then create a seed based on that and then continue to go find additional customers that seem similar to that seed.
Anne:
Right, I love that you call it a seed, because it sounds like it will grow over time if you're utilizing these tactics, so that's a great way to phrase it.
Miranda:
Thanks, it didn't come up with it.
Anne:
Well, we'll give you credit anyways. So you talked about the AMC templatized analytics, right? Is this a way to make AMC more accessible and, if so, are the queries that are available through those templatized analytics? Will it grow over time? What's available through that?
Miranda:
Yeah, so we think it's a first step towards making AMC easier for more and more customers. So we don't have a specific timeline yet on additional templates, but it is something we'll be continuing to evaluate. We have been talking to different customers and internal teams about how we can also make AMC easier to use through point and click applications as well. We also work with dozens of partners that are making AMC easier to use, either through visualizations or through their own innovative dashboard. So I think through the combination of either homegrown or partner built capabilities, we'll be able to continue to bring AMC insights to more and more customers.
Anne:
Yeah, pacview is one of those partners. We do have an AMC dashboard Great, I think. Another question that's kind of just in general about AMC do you think there are any verticals or categories that benefit the most from this data, or that you've seen a lot of growth and success with using AMC?
Miranda:
Yeah, we think of AMC as equal opportunities. So we look at the data a lot. We're very, very data driven surprise, surprise at Amazon and what we've seen is that there's penetration for AMC across brands and partners and agencies as well as across all verticals. So we've seen, certainly, strength from brands that sell on the Amazon store, but also pretty strong results with entertainment, with automotive, financial services. So you can think of someone who's like automotive who might have a bunch of local dealerships. They want to be able to do more fine event grained analyses based on specific geos, and so something like AMC is perfect for that be able to do more precise measurements. So, yeah, certainly we think it's a great product for all, but it really depends on that particular advertiser's objective and then what are the types of signals that they want to bring in and what kind of insights they can generate.
Anne:
Definitely, it is flexible.
Miranda:
Exactly Infinite and flexible. Yes, Great.
Anne:
My last question is just a kind of a fun one. Do you have any specific query or an example of a query that you think was really innovative that's been pulled through AMC that you can recall?
Miranda:
I think it's probably a generic answer, but I think the Path to Conversion one is probably one of my favorites, just because it's the simplest. I think AMC was actually the first place where an advertiser could see all of their signals across all of the Amazon ad products, and so someone who was buying sponsored products and DSP might not have realized before that they actually were driving better results together, and so Path to Conversion, and actually be able to understand how those two products were interacting, for example, really brought a lot more power and insight, I think, to advertisers.
Anne:
So I don't think that's generic at all. I love that one too.
Miranda:
There's a reason. That's core kind of at the top of the instructional query library.
Anne:
Right.
Miranda:
Agreed, all right.
Bradley Sutton:
I have another question for you. I like asking stuff that maybe nobody else is going to ask. When you want to take off your Amazon hat and kick back with a hobby to kind of like balance work life, what's your go-to hobby?
Miranda:
Well, I have an almost four-year-old so she is probably my hobby in most of the time. I'm going to try and go do fun things on the weekend, whether it's exploring new coffee shops or going to find music.
Bradley Sutton:
The four-year-old is a coffee drinker, is she?
Miranda:
No, she's not, but she's an avid consumer of chocolate croissants, and so we sample baked goods in lots of different places. Then mom gets her coffee. I think that's probably it, but in my prior pre-kid years I did a lot more yoga and hiking and things like that.
Bradley Sutton:
So enjoy those years. You know, my kids are over 20 already, so I wish I had a four-year-old. I remember those days All right. Thank you so much for joining us and you educated me a lot. It sounds like Ann knows all about what you're talking about. It was like a different language to me, so I appreciate you educating us on IMC. Yes, absolutely. Thank you so much.
Miranda:
Thank you so much.
Bradley Sutton:
Alright, we've got Teresa here. Teresa, could you go ahead and introduce yourself?
Teresa:
Sure, I'm Teresa Uthralton. I'm the Director of Partner Development here at Amazon Ads.
Bradley Sutton:
Awesome, awesome. How long have you been here at Amazon?
Teresa:
I've been at Amazon for almost 10 years, so I'm approaching that red badge. For those of you that know our badging conventions, Nice, nice.
Bradley Sutton:
Now you're from here in New York. I've always been in New York, yep. So I'm going to start off with maybe the most important question of the day Julianne's Pizza in Brooklyn. Is that the best representation of New York pizza, or not?
Teresa:
Oh, that's tough. There's so many really good pizza places now I can't even keep up with them. There's so many.
Bradley Sutton:
Alright. Well, we're going to have to connect right after this, because I have two days left and I need to maximize my time here.
Teresa:
Yes, Alright now.
Bradley Sutton:
We're not here to talk about food here.
Teresa:
I recommend checking out Roberta's in Bushwick though.
Bradley Sutton:
Roberta's in Bushwick. I have not been there.
Anne:
Yes, I think you'll really enjoy that.
Bradley Sutton:
We're going to that one.
Anne:
Right now. Yeah, actually, cancel the interview. Let's go there, we go. Yes, of course.
Bradley Sutton:
Now Anne here is going to ask a lot of the more technical questions, especially those that have to do with enterprise. Now I'm here to represent, kind of like, the voice of the average Amazon seller, and you know, there's some people out there who might not fully know what Amazon marketing stream is first of all. So could you just go ahead and just kind of give a quick elevator pitch for what that is?
Teresa:
Sure. So Amazon marketing stream is a partner-facing product, and what it does is it provides really granular hourly signals on all our advertising metrics through the Amazon API, and what that means to a seller is that they will be able to get all sorts of insights about their business that normally they would not have known.
Bradley Sutton:
Okay, all right, I love that. Did you practice this? I didn't even tell you I was going to ask that. All right, cool, cool. How about rapid retail analytics, your other specialty?
Teresa:
I know I love rapid retail analytics, so Amazon marketing stream obviously totally focused on advertising signals. As we know, so much of what's exciting about Amazon ads is that you got online retail and digital advertising Right, and so rapid retail analytics provides that level of granularity on retail signals, and one of the reasons that's so exciting is that that data used to be available at a daily cadence with a 72-hour lag, so we literally it's almost near real time now, which is a really, really exciting development.
Bradley Sutton:
Okay, all right. Well, now that I got that out of the way, let me turn it over to the smart one of us too, and for some follow up questions.
Anne:
Yeah, so I kind of want to double click into Amazon marketing stream, specifically the fact that it was recently released for DSP or it's being extended to DSP. How do you think this will change the way advertisers manage their DSP campaigns now that they have that real time data that we were talking about?
Teresa:
Well, it's interesting. I think one of the things that I've learned is I've been humbled by our partner's creativity. Right, you know, I was just. I was just telling someone. I joined this team three weeks before Can last year and so I showed up at Can meeting all my partners for the first time, and we had just launched the first version of Amazon marketing stream and I was like this is the coolest product. But what really got me excited was it's a product that we developed based on the feedback we got from partners Like they, they have a seat at the table, they participate in all our betas and our product teams love them, right, because they get like this incredible, you know, they get their hands dirty and they come back and they're like these are the 27 things that are wrong and you need to fix right, which is if you're a product team, that's actually like really helpful, right, so, and what? The thing that's so interesting is like it launched and everyone loved it, but then people are like well, but it only has sponsored products. Right, like, I want more, I want more, I might want more. So I think what's exciting about having ADSP signals in there is that's going to unlock a whole bunch of opportunity around partners that are deep on ADSP Right. Definitely and I think you know, probably a few months from now, we'll have some really interesting case studies, success stories. There's really like almost no end to the creativity of our partners, which is really great because they're such awesome builders.
Anne:
I agree. I'm curious AMC they not AMS? AMC? I know they get our accurate, our Amazon accurate. I know, there's so many of them Also provides hour by hour data for both DSP and for sponsored ads. Prior to this, especially prior to AMC, but also prior to AMS, this wasn't available for advertisers, so you kind of had to guess when you were running, like day parting or anything along those lines. Do you think the release of the stream data for DSP will eliminate the need for the AMC hourly data?
Teresa:
Well, I think you got to go back to like what are the use cases that people use other product, right? I think, like what is great about Amazon marketing stream? Right, it's an aggregate, aggregate data pipe, if you think about it, right, and so ultimately that's going to help people build solutions that are evergreen. It's going to help people train AI models right, because how do you train AI models? You need, like, lots of granular signals, right? And whereas the Amazon marketing stream is really about very specific use cases around, like understanding the customer purchase path, understanding incrementality, understanding attribution, so I don't think it's like one or the other, I think it's very like use case specific.
Anne:
Right. That actually leads perfectly into my next question, which is how you see these two datasets working together with advertisers currently, or how you see in the future that they can work together.
Teresa:
Yeah.
So I think, like what I think is really exciting about partner innovation is, ultimately, I don't think there's ever been a better time to be a marketer, right, like there's that whole age old question about, like I know half my advertising is working, but I don't know which half, and I think we're getting about as close as we're going to get probably in our lifetime, but we're on the cusp of that with a lot of these tools, and so I think the the part about Amazon marketing stream that I think is so exciting is that it will allow the kind of automation that makes brands so much smarter and helps them do more with less. Right, and we're seeing like especially like this year has been an uncertain economic climate for a lot of folks, right, and a lot of a lot of folks are trying to figure out like my budget has been cut or my budget is capped, but I'm being asked to drive more growth Right, and I think, like partners have been able to deliver solutions based on Amazon marketing stream and rapid retail analytics that have really enabled that Awesome.
Bradley Sutton:
And you had a last question.
Anne:
I did. It's a fun one. What's your favorite thing about being at conferences like unboxed?
Teresa:
Oh, it's meeting my partners. You know, I learn so much from from meeting with partners, right, like I said, it's very humbling. The innovation, the creativity, what they teach us about our customers, what they teach us about our products and it's such an incredible learning experience is so energizing. Were you at our our cocktail party last night?
Anne:
No.
Bradley Sutton:
I was not.
Anne:
We had a lot of cocktail parties. I'm sure it was very.
Teresa:
That was like such a fun buzzing party and I got to meet partners from all over the world. At our award ceremony on Monday we met partners that came from Delhi and it was just really, really exciting.
Bradley Sutton:
Awesome, all right, well, thank you so much for coming on the show and we appreciate all that you do at Amazon.
Teresa:
Thank you, thanks guys.
Bradley Sutton:
All right, we've got Ruslana here. Ruslana, welcome to the show.
Ruslana:
Thank you, Bradley and Anne, for having me.
Bradley Sutton:
Are you based here in?
Ruslana:
New York no, I'm based in Seattle.
Bradley Sutton:
Seattle. Okay, Seattle was just there for accelerate, lots of rain, but I like. I like Seattle weather a lot. Quick question for you, first of all just how long have you been at Amazon and what is your title there?
Ruslana:
I'm a vice president of sponsored brands display in TV advertising and I just celebrated my 10 year anniversary Last week awesome, congrats, congrats.
Bradley Sutton:
now we're gonna go into like what you announced today, but you know something while you were on stage, you also referred to something that was, you know, launched a little bit ago. We're how, now you know, sponsored products can show up on websites like Pinterest and things like that, and one thing that was I have a bad memory, but it was new to me, maybe I knew about it, I guess, didn't know was like it's not just a product that's gonna display, but it'll also show, I believe, like the reviews count and even the shipping time did I, did I hear that right.
Ruslana:
Well, with sponsor products, our goal is to deliver the same value that Advertisers are getting today by having sponsored products was an Amazon store and some of the critical sort of trusted Amazon attributes, such as reviews, pricing information, as well as Prime delivery promise, are essential elements To helping customers make decisions and actually purchase. So yes you are, you got it right at that. Sponsor products will be containing Kind of product level or Amazon key, amazon trusted information Within these new and exclusive placements across some of these sides to help our advertisers to really go quickly and with ease from discovering something or exploring something to actually purchasing awesome, awesome.
Bradley Sutton:
That's been. That's been out for a while, but today, when you're on stage, you announce something brand new, and that was sponsored TV. So just give us maybe a quick 30 second, one minute overview of what that is, and Anne has some follow-up questions on that.
Ruslana:
Well, we see a sponsored TV, tv advertising as a whole, as a critical element of brand-building strategy. That should not be something that Brand cannot do. Any brand of any science should be able to tap into this opportunity and reach these engaged audiences on a big screen In the living room, and so sponsored TV is aiming to accomplish just that. We have worked very closely with our brands and our customers and Backwards from them, to understand what their key pain points have been and why they have not potentially used TV more actively Was in their overall brand-building strategy and, as a result, launch sponsored TV. I'm trying to eliminate three main pain points no guarantee commitments, no spend, minimum creative support and, lastly, access to first-party Amazon, first-party signals. Even when you advertise in TV, powered my machine learning and Right measurement so that advertise and send value, because what we've learned is spend is intimidating, a Lack of the right creative or ability to create the right credit. Just knowing what resonates on such a screen is Hard and intimidating and, lastly, just understanding the value that TV delivers for these brands was difficult. And so, given those three main pain points, that's there. That's why we're sponsored TV. I think to wrap like there is another element right. We at Amazon, we very custom obsessed and in this instance, we have two customers right. We have brands, and we just talked about the value we deliver for the brands, but there's also another key customer, which is the viewers, and for viewers, this is an opportunity to discover diverse collection of brands and products in places where they choose to spend their time.
Bradley Sutton:
Okay, now I'm just wondering where, like? What kind of placements are these? Are these like, like, like trailers that come up, or are there just actual, you know, banner ads that might pop up while you're watching a TV show?
Ruslana:
Oh, this is a TV advertising we're talking about, so they are video, so this is not this not sponsored display.
Jeff:
Yeah.
Ruslana:
This is video ads and they sponsor TV. Today service was in freebie content. Like I don't know if any of you watch freebie, I do. I love certain shows there, so big fan. So there is freebie content. There is streaming. Do you stream? Do you twitch?
Bradley Sutton:
Yes.
Ruslana:
Okay. Well, when you twitch during live streams, that could be. Another opportunity was in.
Bradley Sutton:
There might be people watch watching this right now on our rebroadcasts of this.
Ruslana:
People that twitch. This is where the ads would show. And then, lastly, was in a fire TV apps.
Bradley Sutton:
Okay, excellent yeah.
Anne:
So it was mentioned that the goal of this campaign, or at least one of the goals, is to make it more accessible to Advertisers who have lower budgets, don't necessarily want to deal with spend minimums etc. Do you feel like there's a lower level of budget sufficiency for running these campaigns, or can it be tested with a small amount of money?
Ruslana:
Well, we, as I said earlier, right customer obsessed, working back, working backwards from our brands and working backwards for them. I'm really observed that they do want to be able to engage with this audience. Why wouldn't you like if you launched a product that is net new, delightful, on the market? Why wouldn't you want to tell? Like you know, I talked on my keynote about hex glad. I don't know if you don't know, if you have it in your kitchen, but if you don't, I highly recommend. I discovered through our sponsor TV offering the brand and I love the non-stick and also non scratch.
Bradley Sutton:
Oh no, you had me out when you showed part of the video where it flipped over and nothing Was coming on.
Anne:
I like that.
Ruslana:
Very impressive and so at the end of the day, like that is the brand that I'm delighted to cook with every day, and I like my eggs for breakfast. Doesn't matter if it's Monday or Tuesday, Wednesday or Sunday, so in at the end of the day, I think these are the type of brands. They want to engage with the right audience at the right time, and I think this is the right time.
Anne:
Great. Can you walk us through some of the targeting that will be available with this type of advertising? Most of sponsored ads is keyword basis. That going to be the truth for Sponsored TV, or is it going to be more signal-based behavioral audiences?
Ruslana:
Well, we always try to help our brands reach the right audiences. So let me Maybe adjust one statement here Most of sponsor brands is not keyword based sponsored products. Keyword based sponsored Products is keywords based. Sponsor brands has keywords Elements in their way and how you express intent. Sponsored display doesn't have that way to express intent. But our aim is to always work with our brands and help them, give them the right tools to express the intent in the best possible way so we can deliver their message and their story in the right place at the right time. So in the case of sponsored TV, the advertisers could use both sort of category based interests and as well as Genre based interest.
Bradley Sutton:
I've got a spooky brand on Amazon, so like come Halloween season gonna be Maybe throwing some ads on some spooky Halloween shows or horror show.
Anne:
Perfect, I think we have time for one more question. So I'm curious how do you recommend brands measure success with these campaigns? Do you have specific KPIs that you think you know appropriately measure the success for sponsored TV or anything along those lines?
Ruslana:
So they reach. Traditional metrics are available similarly how they would be available for any other TV offerings, but in addition, we are sharing branded searches as well as detail page and store page Traffic, and so that is a starting point for the offering. We will continue evolving our metrics and help brands understand the value they're getting out of their sponsored TV offering Wonderful.
Bradley Sutton:
Thank you so much for joining us today.
Ruslana:
Thank you for having me and in Bradley. | |||
| Helium 10 Buzz 10/26/23: New Amazon AI Image Generator | Walmart Incentivized Reviews | Amazon Anime | 26 Oct 2023 | 00:18:05 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Amazon rolls out AI-powered image generation to help advertisers deliver a better ad experience for customers https://www.aboutamazon.com/news/innovation-at-amazon/amazon-ads-ai-powered-image-generator Walmart beefs up its third-party marketplace as it challenges bigger online rival Amazon https://www.cnbc.com/2023/10/18/walmart-beefs-up-online-marketplace-in-amazon-challenge.html Amazon introduces Consult-a-Friend, a new mobile experience that lets you ask your friends for advice while you shop https://www.aboutamazon.com/news/retail/amazon-introduces-consult-a-friend-mobile-shopping-experience Amazon will now let you access Crunchyroll’s anime library right from Prime Video https://www.theverge.com/2023/10/24/23929990/amazon-prime-video-crunchyroll-channel-now-available We round up with a focus on the importance of researching historical search volume and keywords for the upcoming holiday season. Stay tuned for all this and more! In this episode of the Weekly Buzz by Helium 10, Bradley talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Amazon releases a new tool that allows you to make customized images with AI. Walmart is actually encouraging incentivized reviews. Amazon buyers now have a chance to phone a friend, as it were. This and many more news stories on today's edition of the weekly buzz. How cool is that? Pretty cool, I think.
Bradley Sutton:
Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our Helium 10 Weekly Buzz, where we give you a rundown on all of the news stories in the Amazon, Walmart and E-commerce world and we give you training tips the week that will give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing this week. Let's go ahead and hop right into the news. If my screen looks a little bit different, I'm actually recording this from a hotel room because I'm in Amazon unboxed in New York, and that's actually the first news story of the day. Amazon has actually announced today that there is a new generative AI image generator. Now it's especially designed for sponsor brand ads, but, as you can see from this article here, you're going to be able to use your main image from your listings and then you can write like a prompt, like put this water bottle on a Maldives beach or make this water bottle seem like it's underwater, and then what it's going to do, what Amazon is going to do, it's going to take that image and then it's going to go ahead and like overlay it on this computer generated with AI background. So, basically, what Amazon sellers have been wanting to do, you're going to be able to make lifestyle images with this generative AI. Now, as I said, it's mainly for sponsor brand ads. So you know how, in a sponsor brand ad, you can use a custom image now which convert a lot better.
Bradley Sutton:
Well, for a lot of you sellers out there, you might not have had a means to make a custom image, like maybe you don't have a studio where you can just get new images made. You know, maybe you're not wanting to rent an Airbnb to take a photo shoot in a certain you know room setting that you that you need. Maybe you don't have the means to do something in Photoshop for this image because you don't know how to use Photoshop. Well, now, this is where this generative AI is going to come in, because you can take your image from your listing or another image you have and then overlay it on any kind of background. Now I did a step by step tutorial on how to do this, because there's actually other kind of applications. Like you could just generate some images in this tool and use it as a lifestyle image, you know, for you you can generate multiple images and use it in Amazon post. So if you'd like to know how to use this and it's completely free for brand registered store owners go to the Helium 10 blog, h10.me forward slash blog, and then this should probably be one of the first blogs that comes up on the page. There will be a step by step with images on exactly how to use this new tool. I'm curious, if you've tried it yet, let me know in the comments below what kind of results you get. It's not always perfect, you know. Sometimes there's some funky images that come up, but this is super cool that Amazon announced this at Unboxed today and if you tune in this Saturday for the regular episode of the podcast, there's going to be interviews with a few vice presidents and other executives at Amazon about all the other advanced Amazon advertising releases that they announced this week here in New York. So make sure to tune into Saturday's episode. All right.
Bradley Sutton:
Next up, it was an email actually that I got from Walmart and part of the email says as you can see here, the review accelerator program now lets you get double the number of drumroll, please incentivize review. So it's hilarious. You know like we talk about Walmart. You know, following the path of Amazon from before. Remember, it was okay to do incentivize reviews back in the day on Amazon. Right now it's okay to do incentivize reviews, you know, using Walmart on the Walmart platform. So now they have this review accelerator program and it offers twice the number of incentivize reviews. I think this is more like kind of like. I haven't used it, so I think it's kind of like the Amazon Vine program, but if you're interested in finding out more information, if you're a Walmart seller, make sure to go to your email and you probably got this email this week and then click on that link and I'll give you more information on how to do these Walmart incentivize reviews.
Bradley Sutton:
All right, the next news article here is just from your seller central dashboard. It's entitled ship FBA inventory from China at a lower cost. This is something that you talked about at Amazon Accelerate a little bit, and some sellers have been using this already, but it says hey, now you can ship your FBA inventory from China to our US fulfillment centers at a lower cost with seller export and delivery. I've always used my own, you know carrier, so I'm not sure if this is completely new or if this is something that has been existing. They're just expanding it. But it basically says hey, seller export and deliveries and Amazon partner carrier program that handles your FBA shipping, including customs clearance and door to door pickup and delivery. This program is integrated into seller central and offers a simplified FBA experience with Amazon negotiated shipment rates, seamless payments and end to end tracking.
Bradley Sutton:
All right. So if you'd like more information on this, go ahead and go to your seller central dashboard and you'll be able to hit get that news story. Is that something that you'd be interested in trying? You know there's always been people out there who say, oh no, you know like I don't want to Amazon to know where my suppliers, because they're going to copy my products. Amazon doesn't need to like know who our suppliers is going to copy our product. So I don't think that's the issue. But I know that's maybe holding some of you guys back. So what about you? You going to use that. You know, check out Amazon's rates here, All right. The next article here is also from your seller central dashboard and it's entitled find small businesses using a small business search filter. So this is going to be on the buyer side, where they're you know. You know how. If you have a small business badge, well now, buyers who are interested in this kind of thing, they're going to have this filter, and I think in a lot of websites it's already active, Like if you search coffin shelf. So if you scroll down the page in the coffin shelf, you can actually see here there's a business type. All right, business type filter and then small business. So just another reason why you should make sure that your small business certification is still active on Amazon.
Bradley Sutton:
Next article is from CNBC and it's entitled Walmart beefs off its third party marketplace as a challenges bigger online rival, Amazon, and there's a lot of interesting things, facts and figures from this article that might encourage you about selling on the Walmart platform. It talks about the older or the Walmart seller conference that they had earlier this year, but it's talking about what their plans are for this this Q4 and also some of the numbers that are encouraging. You know how Walmart had, kind of like a another prime day ish event. Well, if you notice here, it says more than half the items included in Walmart sales event that week they were from third party marketplace sellers. You know, you could have said that maybe two years ago, as most items were actually from Walmart itself. There's a increase in year over year sales, as you can see from this graph those of you watching this on YouTube and sales, and it says about 70% of items, including in Walmart plus week, were marketplace items. So way more than than half actually. Now this article quoted the outside source saying that you know, while Amazon has about 1 million active sellers, Walmart has only about 100,000 right now. So obviously still way, way, way, you know, below Amazon and as far as the share in 2023 of e-commerce sales, Amazon has 37% and Walmart has about 6%. But that 6% is is it's all time high. Just in 2016, it was at 2%. Now, remember another way that Walmart has an advantage over Amazon, as you can see from this article. It says they've got 4,600 stores across the country and those act as kind of like mini warehouses, with more than 50% of online orders fulfilled from the stores. All right, so you know. You might think, hey, well, Amazon has all those warehouses. Walmart has way more stores than Amazon has warehouses. So as Walmart expands the kind of delivery and storage at their stores, it could be a way for them to get even wider footprint than Amazon for delivery. But anyways, check out that article from CNBC. It's kind of interesting, very encouraging. I have always recommended you guys, you know, if you're into selling on Amazon, the USA, you should be selling on Walmart as well.
Bradley Sutton:
Now, next story here is actually from Amazon itself. But how many of you remember back in the day what was that show called? Who Wants to be a Millionaire? And it was like a quiz show, right? And then do you remember what would happen if you like didn't know the answer? You had the opportunity to phone a friend. I think it was called, right. It was like with Regis Philbin, who was the host of that show. Anyways, Amazon now has something like that for buyers. So take a look at this article. It's entitled. It's not called phone a friend, but it's an. It's entitled Amazon introduces consult a friend a new mobile experience that lets you ask your friends for advice while you shop. So this hasn't been live across the board. I'm curious if any of you have it. But basically what's going on is you could be on a you know mobile listing and, instead of just having the button where you can just share a link with your friends, it actually opens up like a chat window where you could use your text message or other messaging apps and Collaborate live with you know, your selected friends about a product and get feedback. What do you think? Do you think this is going to help sales or do you think it could hurt it, like maybe you know one? One kind of logic could be that, well, Maybe something that somebody would just bought, no matter what, Maybe now they might not buy it because they're gonna go ask their friends and maybe their friends don't don't reply right away. I'm not sure, but it's kind of an interesting you know interesting thing and there's gonna be buttons that that have to do with it and, like your friends are gonna be able to like vote if they like it.
Bradley Sutton:
You know multiple friends, so later this could be something that Drives more data points as far as what Amazon shows for keywords. So imagine somebody searched an Amazon for a certain keyword. They click this item. They have console friends. If somebody has a product where all their friends liked it, I would imagine that the Amazon algorithm is gonna work to maybe push that one up, as opposed to one where everybody all of your friends gave it a thumbs down. You know this is all still kind of speculation right now, but again, very interesting. Amazon is always trying to innovate on the buyer side and the things that it does on the buyer side Obviously affects us sellers. To what? What are your thoughts on this? One? Another article today coming from the verge, and it's entitled Amazon Will now let you access crunchy rolls anime library right from prime video. So I'm not sure how many anime fans Japanese animation out there are like me. I have a crunchy roll account and this is not gonna be free, but you still pay, like the 799. But now you can do it from prime video. All right, so you can like cancel your crunchy roll account now.
Bradley Sutton:
There's a couple reasons why I brought this up as an article. Number one it's just another benefit of Amazon Prime, you know, and the more Amazon Prime customers there are, the or, the more sticky, the more tools that there are, you know, the more sticky they're gonna be, you know, the better it is for us sellers. And I'm literally gonna do this because I can't stand the crunchy roll app. You know I need to watch my spy family and demons layer and all my other animus that I watch. Crunchyroll sucks as a platform. Prime video it's cool, like I don't have a problem with prime video, so I'm definitely gonna be switching this.
Bradley Sutton:
But then also announced today at Amazon unboxed is and I don't want to spoil it too much. Like I said, it's gonna be talked about in Saturday's episode, but we're we're gonna talk about how they're. They're putting advertising now out for like prime video. Now, does this count as prime video? It's an outside service. I'm not sure you know how that's gonna work, because I think the Amazon sponsored TV is is mainly gonna be for like Amazon shows and and things like that. But who knows, maybe now all of a sudden, you know, you might have some kind of like. You know trinket that weeps like, or people who like anime, and, and you could potentially target people who watch in the future Crunchyroll anime from Prime video. I'm not sure how that's going to work, but again, this is cool to speculate on and cool to think about. Amazon is always adding things that eventually is going to trickle down to us Amazon sellers here. Last thing I want to bring up is you know, a couple of days ago here in New York we had our quarterly workshop for helium 10 elite members and it was a doozy, guys. We had a Leeron who gave you know, crate input on a lot of features in sellers central if you're not using, and then we actually had an Amazon or a Helium 10 Elite member. She's been on this podcast before.
Bradley Sutton:
Elizabeth. You know she sold over $20 million on Amazon. Now she is up to guys after her only third month on TikTok shop. She is doing a million dollars a month on TikTok shop and she, like, opened up her TikTok shop seller center account, broke down exactly how she does her sales and showed you know the group. They're everything that they can do. We're going to have that recording up. So I think elite might be open guys. It's 3.99 a month. It would be worth. I'll tell you right now. It would be worth it to like, sign up just for two months or one month just to be able to get the recording, this video. You're like, I don't I've never said that before. You know, we have quarterly workshops all the time. They're all great, but this one literally could pay for itself just with you learning how to do TikTok shop. I mean, do you think you want to sell a million dollars a month on TikTok shop? I'm not saying that's going to happen, guaranteed, but, um, it's definitely possible because she's doing it.
Bradley Sutton:
So, guys, go to H 10.me forward, slash elite or upgrade your account, just temporary, to elite. I'm not sure you still can. They might have closed it already. It was open for a couple of weeks. They might have closed it. If so, if you have no way to upgrade to elite, send a message to customer services. Hey, I heard Bradley in the weekly buzz says to sign up for elite and he said that you guys can help me push it through, even though it might be closed. But but find a way to sign up for elite. We're going to have that recording up in about two or three weeks and, guys, it is a game changer to be selling on TikTok shop and she shows you exactly how to do it. All right, that's it for the news today. Now, next up, you know we're right in Q4. We have some really cool new ways in healing Tensa rebro, to do keyword research, looking at what your competitors are. You were ranking for maybe last Q4. You can do that now with just a couple of clicks. Carrie, show us how.
Carrie:
Today I want to show you a quick and easy way that you can find keywords that are going to be great for key 4, that maybe your competitors are Capitalizing on, that you have not really focused on at all yet. So I'm going to go ahead and just get into it and the first thing that you want to do is you want to log into your helium 10 account and you're going to go to cerebro. So it's under the tools bar. You're going to go to cerebro here and this is what cerebro looks like and I've already pulled it up for us and this is our competitors ascent. Right here I want to take a look at the keywords that maybe they were capitalizing on during Q4 of last year and that maybe we were not taking a look at. The way that we do that is. We're going to do that reverse ascent search and then I'm going to click on show historical trend and it's going to show us the past 24 months of data. So this is all bar graphs of sponsored and organic keywords. Now I'm going to click on December of 2022, because I want to see what they were doing in December of 2022, and I'm going to click apply filters. This is going to show all of the keywords that they were ranking for, organic and sponsored during that time. So you can see there's quite a big list here and I want to take a look at first maybe where they were in spots between ranking one and Maybe spot 20. Then I'm going to hit apply filters. This is going to show kind of the top keywords that they were potentially focused on, and so there's still about 209 which I'm sure there's a lot of great keywords that we're missing in here that we can take advantage of.
Carrie:
But I want to see some kind of Q4 specific things for the holiday season. I'm going to look at gifts, gift Christmas. That's what I'm going to kind of take a look at and see if we have some great keywords in here. It looks like we've got some great keywords, so goth gifts for home, goth that gives for women, goth gifts for women. So I'm going to take a look and see if we have any of these that we are indexing for. So I'm going to go to check index checker and it's under tools and you're going to click on index checker here and on index checker. I've already put our ASIN in here and I'm going to put in. I think it was. Let's see here we have goth gifts for women and goth gift. Okay so goth gifts for women, goth Gift, let's do another one. Let's see here what else we have that has a good search volume. Let's say, spooky gifts for women. Let's see if we're indexed for spooky gifts for women.
Carrie:
Okay so let's go ahead and click index checker and we're going to see if we're even showing up in as Relevant for these keywords in Amazon. And it looks like we're not showing for any of those. So that's kind of not so great. We want to make sure that we have these keywords, you know, indexed so that we can start advertising on these keywords and we can start ranking organically for these keywords. So there's probably quite a few keywords that we haven't capitalized on During the holiday season that we need to focus on right now, and I think those are some of the greatest. I looked, I took a look at the historical search volume and some of those they might be, you know, a few hundred right now, but a lot of them go up to, you know, 15,000, 20,000 during the month of December. So there's a lot of opportunity here to really capitalize on these keywords that maybe no one else is focusing on. So go ahead and check it out and let us know what you think.
Bradley Sutton:
All right, thank you very much for that, Carrie. So, guys, I'm not sure if that's for platinum members, but at least for diamond members, maybe platinum members to you guys might have access to what she was showing you, so make sure to use that right away. Really important to be looking at the keywords here in Q4 from last year as opposed to just Looking at what's going on right now. All right, guys, thank you so much for joining us. I've been away from the weekly buzz for a couple weeks, but it's good to be back. I'll be back next time to see what's buzzing. | |||
| #503 - Maximizing Holiday Sales: Amazon PPC Strategies and AMA with Mina Elias | 24 Oct 2023 | 00:36:13 | |
Get set to sail through the bustling holiday season sales with ease and finesse as we bring you this month’s TACoS Tuesday PPC expert, Mina Elias, Founder of Trivium Group. Ready to divulge his invaluable strategies tailored for Black Friday, Cyber Monday, and the entire holiday season, Mina introduces us to the art of optimizing ads. Listen closely as Mina recounts his own experiences and shares the lessons learned from past mistakes to ensure you make the most of your holiday sales. Whether your product is a Black Friday hit or not, we've got the perfect strategies to maximize your sales and click-through rates. Discover the clever technique of adjusting your bids to your benefit and the smart way to maintain your spending within limits. We reveal some hidden gems on best utilizing the holiday season with budget recommendations and crafting holiday-specific ad campaigns. Finally, we get into the world of Amazon DSP, providing insights on increasing conversion rates. Uncover the secrets of the optimal spend and timeframe for DSP, learn about bidding strategies for supplements, and also evaluate the effectiveness of Google ads. As we wrap up, we share some valuable tips on targeting long-tail keywords, setting and increasing bids, and making the tough choice between what ad types are top priorities. Tune in for these expert insights and make the most of your holiday season Amazon sales!
In episode 503 of the Serious Sellers Podcast, Carrie and Mina discuss:
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Carrie Miller:
Today we're talking with Mina Elias from the Trivium Group and he's going to give PPC strategies for Black Friday, Cyber Monday and the holiday season in general. This and so much more on today's episode.
Bradley Sutton:
How cool is that? Pretty cool, I think. Not sure on what main image you should choose from, or maybe you don't know whether buyers would be interested in your product at a certain price point. Perhaps you want feedback on your new brand or company logo. Get instant and detailed market feedback from actual Amazon Prime members by using Helium 10 Audience Just entering your poll or questions and, within a short period of time, 50 to 100 or even more Amazon buyers will give you detailed feedback on what resonates with them the most. For more information, go to h10.me forward. Slash audience.
Carrie Miller:
Hello everyone, welcome to another episode of this Serious Sellers Podcast by Helium 10. I'm your host, Carrie Miller, and this is our TACoS Tuesday, where we answer all of your PPC questions. We have an expert guest who's going to help answer all of your burning questions, especially for the holidays. Today on our show, we have Mina Elias, and I'm so excited to have him on. He's an expert in PPC and so I'm going to go ahead and bring him on.
Mina:
What's up? What's up, guys.
Carrie Miller:
Thanks again for coming on live with me. I'm so excited you're here.
Mina:
I know. Thank you for having me. It's been a minute since I've done a TACoS Tuesday.
Carrie Miller:
Yeah, do you want to just introduce yourself a little bit, so everyone knows who you are, and a little bit about you and your agency.
Mina:
Yeah, my name is Mina Elias. I'm the founder of Trivium Group, which is an Amazon agency, amazon marketing agency. We handle pretty much everything on Amazon for brands. I started as a supplement brand in 2018, using Helium 10 religiously, of course. I grew and scaled that brand to over a million dollars. It's called MMA Nutrition In 2021, there was a very large demand for people coming to me saying please run my PPC and stuff like that. I ended up starting an Amazon ads agency. Initially it was just Amazon PPC. Now we do PPC, DSP, SEO, creatives, helping brands launch on Amazon all that kind of stuff. I actually worked with Helium 10 on their PPC course. If you are a member of Helium 10, if you haven't checked it out yet, you should definitely check it out. It is a full, thorough course. Me and Vince Montero did it together. It's like beginner all the way to advanced. It's everything that I do in our business for managing ads. I love sharing everything that we are doing and learning. We have about 150 brands under management, 80 people on the team. We're learning a lot every day and Amazon is changing. I know that it's hard. When I started out, it was very hard for me to know what's good and what's not good. I'm here to share my experience and then hopefully it benefits everyone.
Carrie Miller:
Awesome. Well, thanks so much. I have some questions prepared here for Meena that are more holiday oriented. This should be a really good episode. Here's the first question what is your Black Friday, Cyber Monday strategy?
Mina:
Cool. I love talking about this because on prime days and Black Friday, cyber Monday, I mean one wrong move and you could end up losing all of your profits. The reason I say this is because that happened to me multiple years in a row, at least two years in a row, where I was following the strategy of spend a lot of money on ads, do deep discounts and then you're going to sell four times more on Black Friday, cyber Monday or Prime Day. I did sell four times more, but I also spend way more and it resulted in me losing money or not making profits those days. There's two categories in which products fall. One category is they do very well in Black Friday, cyber Monday and Prime Day. I'm talking like expensive products, giftable products. You should know your product. If you don't, I suggest that you go into Helium 10 and you can see the performance historically of product sales over time, and I think Bradley did a video on this. It's on my YouTube channel, just Meena Elias. You'll find a video of me and Bradley and he uses X-ray and cerebro to show you historically how has this product sold and if you notice that certain products or you don't know if your product is going to sell a lot and you notice that there's a spike, then you're like, okay, my product might fall into that category of it's going to do really well Black Friday, cyber Monday. So if you're in that category, I'm going to give you the strategy which is leading up to Black Friday, cyber Monday or any Prime Day. You basically want to increase your bids. You know that you're going to do a deal, so you want to increase your bids and get as much rank as you can, because during Black Friday, cyber Monday, you're probably going to have to decrease it a little bit because you might not be able to handle the volume of the spend that's going to happen from all of the additional people coming in onto the platform. So you're initially increASINg your bids 30 days before you know you have a deal coming. The day of, you know the day before, I would say, and then the day of and then day after, you're going to lower your bids a little bit, probably I would say by 10%, nothing crazy and you want to check frequently that you're you know how much your spend is and you want to make sure that it's not out of control. There's also guardrails. I wouldn't do account level budgets, but if you have a software, you know you could do some sort of automation where it's like if you hit a certain spend in that day, then you know, lower your bids or your budgets by certain amounts so you're not overspending Again.
Mina:
The thing that I learned the hard way was, you know, I would, on average, sell $2,000 a day. The Prime Day came, black Friday, the 7th of Monday came, I sold $4,000, but instead of spending an average of, like you know, 400 to 500, I spent 1,500. And that extra 1,000 or whatever in profit that I was going to make because of the sales, it all went to ads and I ended up not making as much money or losing money. And you know why would I do that? When I'm just like selling more units and now I have to order, you know, more units faster. Now, if you're not in that category, what I would do is you need to have a very focused strategy on organic only. So 30 days prior to Black Friday, cyber Monday, you're going to increase your bids again, but the day before like, or maybe even two days before leading up to the day after those days, I cut my bids by 30%, and we do this across all the brands, so it's a significant cut, which essentially means you know if someone is clicking on your ads, you know they're probably like deep, they're not like window shopping or anything like that. They're probably on page three or something like that. And it's cool because you know people are going to, who are scrolling that much, might be interested in buying. And what I've noticed is, even by cutting our ads by 30%, they will probably our PBC spend will probably be more, like 10% more than what it usually is, but as a result we do get an increased amount of sales. It's not the same as if our bids were high. So we'll maybe sell 50%, 70%, 100% more than what we usually would sell in a day, but you know we'll have our ads spend the same and so all of that difference is net profit.
Mina:
And so you know, if your strategy is, if you're not the seasonal product, black Friday, cyber Monday type of product, you want to cut down by 30%. But if you are, then you're going to have a deal and you're going to probably only cut by 10%. Those perform exceptionally well for products like that. So we've had giftable products that were 45 and we brought them down to $35. We've had coffee makers that were $300 and we brought them down to like 260 or something like that, to 59. And that coffee maker, I think, did $70,000 in one day, wow, yeah, we had a card brand, a card holder, that did like a million dollars between both prime days. So when you have a giftable product, when you have an expensive product, something that people wait for deals to buy, you can make a lot of money and definitely utilize the deals that you know prime day deals or Black Friday, cyber Monday deals.And then one more thing that I didn't mention for both of those is if you do plan on like showing that you have a lower price 30 to 45 days before Black Friday, cyber Monday or Prime Day, increase your cost, your sale price and let's say you're a $30 product, bring it up to 35 and then, right before you can drop your price back to 30 and it will show that you have had the lowest price in the last 30 days. So, on top of like a deal, it'll show that you have the lowest price, or, if you don't have a deal, it'll show that you have the lowest price, which some people might think that it's a deal. That's essentially what we've been doing. And then another thing to consider is what are the things that you can do to improve your click-through rate during those periods which are going to be your sale price, your main image and your reviews? Those are the top three things that can influence your click-through rate. The higher the click-through rate, the more you're taking advantage of all that traffic that's coming in.
Mina:
And so, main image, the time to split test this probably now, because you have about a month until Black Friday, Cyber Monday. You know, with price testing, see how far you can go up right now before actually having a significant impact, because then when you go down you can have a deal and you don't have to go down as much. If you raise your price by 20% now and you notice that your sales and your profits are pretty much the same, when you do a 20% off in Black Friday, Cyber Monday, you're going to get all that much more profit because you're having more sales at the same price. And then, if you're at a 4.2 stars, do whatever it takes between now and Black Friday, cyber Monday to hit a 4.3, because once you hit the 4.3 and you have 4.5 stars, I've seen click-through rates go way up and traffic you know, paid and organic significantly improve. And just a note for everyone, higher click-through rates means lower cost per click, that's. I mean, I don't know why that's the case. My theory is that Amazon views higher click-through rates as better experience for shoppers and, as a result, they want to reward you and allow you to spend more money. So if you're looking for one way to get more free sales through organic traffic or more sales at a lower cost, through a lower cost per click, work on click-through rate.
Carrie Miller:
So would you say, to do the manage my experiments, to do split testing for those main images, or how do you usually split test?
Mina:
You know, manage my experiments has not been that reliable recently and I updated my main image and I did manage my experiments and I noticed that for one variation it said that the old one is better and then for one variation said the new one is better. So I said you know what? I'm just going to test putting the new one up and I know what my click-through rate has been the last month. Let's see what's going to happen the next two weeks. So I added the new image and click-through rate went up by a lot. Oh wow, yeah, I mean, and it was against kind of what manage my experiments said. So I think the ultimate way to split test is just, you know, use something like you guys have a poll feature right, yeah, yeah, audiences. So use Helium 10 audiences, get some preliminary data and then you know, if you feel a little bit more confident and you're like, okay, cool, like this image is definitely better than my old image, then go ahead and just like test it. Worst case your click-through rate goes down for a couple of weeks. No big deal, you can catch it pretty quick. I would not make any decisions until at least seven days because you need like one full week cycle so you can look at the average of the click-through rates before, average of the click-through rates after and then say, okay, you know, after it's definitely worse, because for me, Monday the click-through rate could be 0.4. Tuesday could be 0.28. Wednesday could be 0.43. You know what I mean. So that's how it just fluctuates. No one knows why. It's human behavior, you know. None of us you know behave in a predictable way Like you know, at least that predictable. So it's okay, like just let a full week cycle go by.
Carrie Miller:
Do you have some tips Like are there certain things like maybe if you have multiples in a package should you show all of them, or what are some kind of tips you have for those main images that you've seen, kind of better performance on the click-through?
Mina:
Yeah, great, great question. So for me, I think what I've seen is the sale, the selling points, like the, the USB, the selling point being visible and you showing that you're better than everyone else just from the main image. And so when I, when I put a bunch of you know like products next to each other, my competitors versus me, like I know that I'm looking for a product, not a lot of people take advantage of the text on their, on their boxes or on their products. So, for example, let's say you know you're selling like flip flops, the cloud flip flops, so you can have the flip flops and, and you know, in an angle whatever. Or you can have the flip flops put on top of a box, a fake box, and on that box you have two sides where you can write text and it says, like you know, the softest material on the market or whatever a hundred percent recyclable stuff like that, right, because you can have that text on the box that you couldn't have actually have on your package, and that box probably doesn't exist. You know you're probably shipping it in a, in a clear bag, but no one is going to pay attention to that detail and and you know, at the end of the day, they're going to get your your slippers. They're going to look this, you know they're going to look like slippers.
Mina:
So for me, my, my product, my electrolytes if you go look at it on Amazon, it's like shinier. There's text on the cap, there's like some different logos that show that actually don't exist on the bottle and when they do get the bottle it looks very, very similar. There's just a few things, and those few things those are the differences that when someone types in a keyword and they're looking, you know they're browsing, I catch their eye because I have, like some elements outside of the product that are eye catching and I have some text on the product that, like they're looking at all like this is an electrolyte powder, so this is an electrolyte powder with no sugar, with no carbs, and it has this and it's made in America and it's all of these things on the label and so they're like they're convinced to click on me without having to read like title or anything like that.
Carrie Miller:
Wow, that's amazing.
Mina:
Yeah, they're just心 restoring, etc. You have to get creative in that one, and so just think about what your product is and what are some elements that you can add around the product to make it pop. And then you utilize packaging with text to make your main image an infographic instead of a main. You know, like if you could make your main image an infographic? That's what I'm getting at.
Carrie Miller:
Very interesting. Okay, thank you for sharing that. That's a really good info. Okay, let's go on to the next question here. Let's see, I think you kind of asked well, this is for holiday season, so how should I adjust my PPC budget for the holiday season? So, in general, like you know Q4, there's more spend. What budget recommendations do you have?
Mina:
Yeah. So again like if, if, if you don't know historically how much your budget goes up by, what I would do is I would go, I would go into helium 10 and I find the increase in sales you know from my competitors and I would probably budget 50 to 100% like growth in my ad spend based on what I'm seeing. So let's say my competitor goes from selling 100 units a day to 200 units a day during during that season. Then I'm going to take, you know I'm spending $1,000 a day on ads. I'm going to go to 1500 or max 2000. That's kind of my range of of increase in ad spend and I'm obviously going to do it slowly and make sure that my revenue is growing, you know more, so that I'm left with net profits. So that's another point is to make sure that you are tracking your net profits. So net profits is your sale price minus your Amazon fees, minus your cost of goods sold, minus your advertising you know advertising spend and then obviously refunds and reimbursements take that into account and that's your net profit. You know, on Amazon, excluding, like your own, like cost, you know VA's, whatever, that kind of stuff. So make sure that you're measuring that because that's the, the like, the true number of, like how much you're taking home. And as that number, you know, is increASINg, you can increase your, your ad spend. And you know, hopefully, because at the end of the day, like I don't care about selling three times more in Q4. And then you know, my net profits the same.
Mina:
I'd rather sell four times less and have the same net profit because it's easier on my cash flow. So that's how I would. I would adjust my budgets Now. If you have historic data and you understand how your sales perform, then you can do it based off of your, your sales growth. Again, if, if you're like, not your spend growth but your sales growth, so if your sales have historically gone up by 80%, then I'm I'm, you know, going up by 40 to 80% on my ad spend. I'll start by going up 40% and then notice how much my sales went up, cause if I start going up by 80% and my sales are on the by 60, I'll scale it back down to 40. Because, again, I want to keep that gap big enough so that I'm making more profit, taking more money home.
Carrie Miller:
That's a really good point. Yeah, profitability is the most important thing at the end of the day. Yeah, another holiday specific one. What are some strategies for creating holiday specific ad campaigns and promotions?
Mina:
Yeah, so this is. I mean people are not going to like this answer, but every single time I've tried to create anything that's holiday specific has not turned out well. So sponsor products ads work amazing. Every time I start, I try doing a holiday sponsored brand, which is you know the Christmas tree with the products surrounded and you know that kind of stuff like Christmas vibes, I don't know what it is. My theory is that people on Amazon see that as an ad and they're like I don't want to click on an ad but they see sponsor products as like a very like organic thing and they're like oh, I didn't even know that it was an ad so. And then I've tried it with DSP too, and that one was painful because we have to come up with like 16 different sizes for each creator.
Carrie Miller:
Oh, yeah, yeah.
Mina:
And so we tried a lot of it and it did not outperform regular you know our regular standard ads so I wouldn't worry too much about you know. Creatives for holidays, okay.
Carrie Miller:
I've. We've got a lot of questions in here, so I'm going to start pulling up some of these questions from the audience. Um, rick, I hope you said your name right. What is, or what are your rules to stop sponsored campaigns when a keyword does not perform as desired?
Mina:
Okay, so usually, if I'm, if I'm trying to be aggressive and grow, it is about the same price as my product and no sales. So if I have a $30 product, if I spend $30 in no sales, if it's an auto broad phrase or expanded ASIN, I'm adding it as a negative. If it's an exact, I'm lowering the bids and I'm going to lower the bids consistently until they either stop spending money or they're profitable. But more than likely, you know, they're just going to stop spending money. But I'm just giving it a chance to be on page four and if someone finds it and clicks on it, they're likely to convert. So that's, that's my strategy. If I'm going aggressive, if I'm trying to be conservative, it'll be 30 to 50% of my sale price. So if I have a $30 product, anywhere between 10 to $15 and spend and no sales, then I'm going to add it as a negative or positive. Now, if you notice that there's a lot of those and if you notice that you you know you went in and you're like, okay, cool, $15 and spend in no sales, I'm going to add it as a negative or lower the bids and you do that and you're left with very little and you feel like you know, like it's not your sales, your sales are not there. You probably have a conversion rate problem. So your problem is more yes, kill the bleeding. So $15 and spend no sales added as negative. Stop spending money on it.
Mina:
You know you can't help it, but focus on your. You know, with your current ads being the same, that your TACoS like gets cut in half by you doubling your conversion rate, because then from there you can start removing some of the negatives and retesting them, or just taking the negatives and relaunching them in newer campaigns and seeing if they're going to be able to get it, and then you're going to perform Cause. A lot of times it's like a balance between conversion rate and ad spend. So here at this ad spend, you know, and this conversion rate, I'm fine. Now, like you know, this conversion rate, now I'm not profitable. So when my conversion rate goes up, I can spend a little bit more. Conversion rate goes up, I can spend a little bit more. It's like a balancing app.
Carrie Miller:
That's a really good point. You know that. You know you got to look at your listing too. Is it the most optimized, or your images the best they could be? I mean even just your main image, the way you were talking about. You know adding those different things on the packaging, that's um. You know little touches that make a huge difference. So that is really good. You know not all. You know you can negative the keywords, but then you know they might not be bad forever. So it's really good. Mr techie says, PPC strategy help required. Selling a product in Indian market and then I launched it in the US Market. Have 60 plus feedbacks. My ACoS is 150%. I was running exact match, but conversion rate is negative 7%.
Mina:
So not sure what the question is, but yeah, yeah, can you, can you clarify the question? And then I mean, if your conversion rate is 7%, I mean ACoS really doesn't matter to me Tell me what your TACoS is. That's like maybe gonna be a little bit more indicative. Tell me what your, you know your margin is and what your TACoS is and what your conversion rate is like overall on the listing and I can maybe help you a little bit better. But I mean, if you're, if you just launched, it's more than likely your conversion rate is low. Having 60 plus Feedbacks or reviews, I'm assuming, is not enough. Also, running exact match alone isn't great. You can run broad phrase and exact and auto and expanded ASIN and whatever is working. You know you can keep that and whatever is not working you can pause it or add it as a negative.
Mina:
And the goal is to you know, across all the different Add types that you have match types and all that kind of stuff, to find just a bunch of winning keywords. You start off, let's say, with a hundred dollars a day in budget and you know you launch a hundred dollars a day worth of ads and maybe ten dollars of those ads are profitable. So the other 90 you're gonna kill and then launch a new 90, and out of that 90 there's 10, and so now you have 20, that's working, 80. That's not working, you know. Kill that 80, launch another new 80, now you have maybe 30, and you know, and so on, and so you're just trying to stack up like More keywords that are profitable and they're working, and then kill the ones that you tested but didn't work out, and again, all of them will work better if your conversion rate is higher.
Carrie Miller:
Yeah, that's a good point. I think he said something else a little bit. I've already spent over 3,000. My sales are around 1800 through profitability, though Profitability is very low. So I think you kind of gave some good advice there. So so let's see. Bradley has a question. He says are you 100% of the time doing custom images for sponsored brand ads and if so, what kind of images are working well?
Mina:
Okay. So the one, the one image that I've seen perform really well and yes, I am doing custom images for sponsored brand 100% of the time the one image that I'm seeing work really, really well is Like something like social proof. So people that are on Shark Tank, people that you know, were like featured on, like there was a creative one where it was like the product and then like put on the cover of Forbes, you know, like with a magazine of Forbes, like next to it. We've seen like stuff done with an influencer, like really big influencers Hillary, dove, Halle Berry, you know who are like celebrities. So social proof is what I've seen Works incredibly well and you have to do it in a way where, like it's, there's no like text, so you can't just do like a bunch of like logos and stuff like that. I don't think they're gonna allow that, but that is what I've seen works best. Everything else has worked kind of Okay, you know, like similar sponsor brands in general and you know I hate to say this, but sponsor brands in general, they seem to not perform that well. They seem to just spend more money and not generate sales. So I'm a hundred percent an advocate for sponsor brands for your own branded search terms. But the second that I start going into like sponsor brand for other keywords. What I notice is it's like the people are clicking on sponsor brand and sponsor products, spending money and not and it's not generating any more sales. And we've tried it where our organic and sponsored is low. So there's. You know there's no chance they're coming into our listing and we try and run a sponsored brand and They've. They've done Okay, they haven't done great.
Carrie Miller:
That's interesting. Okay, the next question how you mentioned in one of your videos that you use same keyword in multiple campaigns, does not, does that not cannibalize the keyword?
Mina:
Yeah, so the only time I'm using the same keyword in multiple campaigns if they're if the match types are different and it does not cannibalize, and I'll explain why. So when you have a keyword in broad, that keyword triggers 50 different searches, 50 different search terms, right, if it's in phrase, it triggers 20 and if it's an exact it triggers one, and then these are, just, like you know, rough numbers. So it let's say that you know you have the same keyword in broad phrase and exact, this keyword in broad is gonna show one of 50 times. Now, if you have a hundred dollars a day budget in that campaign and a one dollar cost per click, that that means that it's gonna show across those 50 keywords twice per keyword. You know you're gonna. It's gonna, you know, be two times per keyword in 24 hours. And then you know for for the, the like phrase, it's gonna be five times per keyword and then for the exact, it's gonna be whatever, however many times, you know a hundred times for that keyword. That's, if you reach a hundred dollars, they and spend, and so you add that up, right, two times, five times. You know, and let's say, 20 times in 24 hours. They're not gonna compete with each other like there's there's so much time in the day. An ad could be showing up, you know, every minute. So it's like there is. They're usually in different match types, not gonna compete, and if they do happen to show in different times, from my understanding the the one that has the highest bid is the one that's gonna show up. So it's not a big deal. I don't think they compete. I just think like, statistically, you have something that shows up twice in 24 hours, five times in 24 hours, 20 times in 24 hours. What is the chance of them running into each other?
Carrie Miller:
Yeah, that's true. Okay, so Jeffrey asked what's the minimum amount of Spend needed and the minimum time frame you recommend for running DSP? That's a really good question. I've had this question a lot recently.
Mina:
Yeah. So I would say 2000 a month is would be the bare minimum and that's just kind of enough to cover like some loyalty or retargeting campaigns. And the minimum like in the first 30 days, that's when you're still getting data, and then in the second 30 days, that's when you're starting to optimize. So within 60 days you should start seeing like the true results. So I would say the minimum at spend would be 2000 and then the minimum you know amount of time should be 60 days, and then 60 days that's if you're like running it with someone, that's like experienced and they know what they're doing. If you're doing it yourself, it's probably it's gonna be longer. You know more, like 120 days because there's a lot of things that you have to tweak to get it Right. But yeah, I mean it doesn't have to be a lot of ad spend. I think you can get retargeting down with 2000. You just have to figure out which Placements work the best. So for me it's been usually Amazoncom, desktop, mobile web and mobile app. Creatives has been responsive, e-commerce has performed the best, and then audiences are Like sometimes 30 days is enough, 30 days retargeting. Sometimes you have to go with like 60 days retargeting. So it just depends on how many people are coming into your listing. For an audience to be created on DSP, you need at least a thousand Unique visitors a month to create an audience awesome.
Carrie Miller:
Okay, the next one is how are you using the bidding strategy for supplements and are you getting good results?
Mina:
First for supplements, the way that, like I work, from long to long, tail up, like from from long, like long term, like um, low, low search volume, all the way up because lower search volume are easier to win. And so my strategy is, you know, going to helium 10, I put in my, or I go into, like you know, the search results on on Amazon type in my main keyword, open up X-ray. I pull up the top 10 competitors, launch them in cerebro. Then I set up some settings, so I would say like a minimum of 500 searches a month, minimum ranking competitors seven or eight out of the 10. Um, and then maximum position, 60. Um, and so now it's showing me keywords that are relevant to most of these competitors with decent search volume and they're not ranked a super low. And then from there I have my core list and I take that core list and I start launching.
Mina:
I launched the big ones initially just to get relevancy and to get a lot of indexing for for a lot of different keywords. I'll watch this broad phrase and exact, but I start with the lower search volume keywords and I put them five in a campaign, one in broad, one in phrase, one in exact, and I'm gradually launching them and I start with a bid that's lower or around the suggested bid. Sometimes the suggested bid is $5. So I'll just start at you know, a dollar or $2. Anyways, and then I can always inch my way up, and so from there I wait and I, you know, I spend and I see what's going on. And then I start inching data up based on like, what's getting um, impressions, um, and obviously, if there's anything that's performing well, I'm spending a little bit more money on it. And I'm basically trying to start like I'm casting a net at the bottom and then coming up, up, up, up, up, until it starts like catching some people and instead of like spending up here, and then I'm like, damn, like this, spending too much money, it's not profitable, and lowering the bids.
Mina:
I started the bottom and work my way up and then, as I stack the, the long tail ones, it's easier to launch the bigger ones Because they're going to be more costly, but they'll balance out because they they will drive a lot of traffic, but you should have like a decent amount of sales that are profitable coming in first and then then it will work a lot better than if you just start with the broad keywords Um and yeah, and that gets me pretty good results. We're like looking for negative keywords very frequently, making sure that any keyword that spends a certain amount of money with no sales, is added as negative, like if it's an auto broad phrase or expanded ASIN, um, and then all any keyword that's like underperforming bids are lowered. And we're constantly launching new keywords and testing new keywords out. So, going through the search term report, um, you know, twice a week identifying any search term that converted profitably that we're not currently running. I'm not negating it or anything, I'm just taking it out, putting it in its own campaign in different match types to try and double down on those keywords.
Carrie Miller:
Awesome, all right. Next question Are Google ads still effective?
Mina:
Yeah, I would say Google ads are still effective. Definitely. I think you're trying to drive cold Google ads to Amazon because you have a lack of attribution. It's very hard to optimize. I wouldn't necessarily put my money there before maximizing uh, PPC and DSP.
Carrie Miller:
Can you elaborate a little bit more on this strategy for a rank? Do you have to put in specific keywords on your Google ads in order to rank on Amazon for those, or does it just sending Google traffic allow all your keywords to increase an organic rank, Like what? What is the strategy for that?
Mina:
The strategy is individual keywords. So it's like we'll set up a keyword, uh, in its own campaign and we'll drive traffic to Amazon and we're noticing that the rank of that keyword for us organically goes up and we're tracking it in the search query performance report, um, in terms of like all of everything ranking higher. That works well when we're using influencers. So we've done a strategy where we've hit up a bunch of influencers, like I'm actually going to do this for my new product that I'm launching, um on Amazon. It's like a new, it's like a packets version of my electrolytes, but basically I'm giving it away to a hundred different influencers and what we've seen is like brands that have done that that they've given it away to influencers on Tik Tok and they've like posted about it and made good content. And then people are like looking up the brand name and looking at it on Amazon, like that's really helped improve organic rank across the board.
Carrie Miller:
That's amazing, thank you, okay, so what's the best way to choose initial bids?
Mina:
Yeah, so start with suggested bid, you know, and if the suggested bits too high, just start lower and then work your way up. There's like no science behind this. Um, you're never going to nail it. You're just going to start somewhere and then you're going to have to optimize it. You're going to have to optimize over time until you hit the you know, the sweet spot. But I would rather you start lower and work your way up, because if you start higher you're just spending a lot more money faster.
Carrie Miller:
All right. Next one should broad and phrase match be used in campaigns throughout the product lifetime? I think is what that is.
Mina:
Product. Okay, so should broad and phrase match type? Yeah, broad and phrase match types should be used forever. They're like different types of keywords. So you have one keyword and you have different match types and those different match types perform differently. So you know, it's like. That's just how it is. Like you can have a electrolyte powder broad, electrolyte powder exact and electrolyte powder broad could do amazing, because inside of electrolyte powder broad there's 40 keywords. You've negative 10 of them that are not doing well, and then there's 30 of them that are doing good, you know. And then electrolyte powder exact is just that one keyword and you know you've optimized the bid as much as you can and it's doing okay, but you know it's spending too much money and not an ecosystem is high, etc. Etc. So you should always use phrase and broad. Yeah.
Carrie Miller:
Awesome. Okay, and we have some continuation from the one earlier who had 150% ACoS negative 7% conversion rate. He said TACoS are 125%. Current sales two orders a day. Category gift bags. I need PPC strategy for the current situation in helium 10. I see my rank is poor for major keywords. I am tracking.
Mina:
Yeah, I mean this is. It looks like to me it's more likely a conversion rate problem. When I see TACoS that high, I mean it's not going to be your, because if your TACoS is that high, then great like, pause all your keywords and only keep the ones that are profitable. And if there's like, if the ones that are profitable aren't even making you two sales a day, then yeah, I mean you have a conversion problem. So it because if you fix your conversion rate, then your 125 TACoS could become 50% TACoS and then you'll have more opportunity to get you know, launch more keywords and some of them be more profitable, which will drop your TACoS even further. But it seems, as of right now you're, it's probably a conversion rate problem.
Carrie Miller:
Yeah.
Mina:
Sorry, let me just say okay, while you fix your conversion rate, what should you do for PPC? I would say go after a bunch of long tail keywords, start with a very low bid and work your way up slowly and try and catch some profitable keywords. That's, that's all you can do. There's not much else that you can do, right? It's because then, the day you're launching different keywords, you're testing different keywords, some of them need to convert and it's, you know, it's up to your conversion rate.
Carrie Miller:
Awesome. I think that's actually the last of the questions here, so and we're about, you know, almost at 40 minutes, so we've definitely had a pretty good episode here. So thank you so much for joining us on this live. We really appreciate you coming and giving all this expert advice. I think you just dropped so much information here, so many good tactics that people can start taking into, especially these holiday season times, to help, you know, maybe not overspend and to be more profitable. So thank you so much again for joining and we'll see you again, hopefully another time on TACoS Tuesday, and we'll see you again.
Mina:
See you later, see you soon, thanks guys.
Carrie Miller:
Bye everyone. | |||
| #502 - $6 Million Amazon FBA Business with 0 Employees?! | 21 Oct 2023 | 00:39:54 | |
In episode 502 of the Serious Sellers Podcast, Bradley and Swapneel discuss:
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Bradley Sutton:
Today we've got a very unique seller. He sold over $10 million over the last couple of years, has 60 products in over 10 marketplaces and launches a new product every month. Guess how many employees he has? Zero. How cool is that? Pretty cool, I think. Black Box by Helium 10 houses the largest database of Amazon products and keywords in the world. Outside of Amazon itself. We have over 2 billion products and many millions more keywords from different Amazon marketplaces, from USA to Australia to Germany and more. Use our powerful filters to search through this database for pockets of opportunity that you might want to get into with your first or next product to sell on Amazon. For more information, go to h10.me forward slash black box. Don't forget you can save 10% off for life on Helium 10 by using our special code SSP10. Hello everybody and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world and from the other side of the world. We've got a serious seller here that is joining us for the first time in the show. Why don't you go ahead and introduce yourself, since it's your first time on the show.
Swapneel:
Hi, my name is Swapneel and I'm from India. Been selling on Amazon from the year 2014 and, as a full term, from last four years.
Bradley Sutton:
So yeah, were you born and raised in India?
Swapneel:
Yeah. What part Rajasthan, Jodhpur.
Bradley Sutton:
Okay, all right. And have you lived all your life there or have you moved around at all?
Swapneel:
Yeah, so when I was like 19 years old I went to New Delhi like for my university for five years and then right now I'm like kind of digital nominate, so I don't really live here anymore, but just maybe like two, three months a year just to visit my family, because my family still live here.
Bradley Sutton:
Okay. Well, what did you go to a university for?
Swapneel:
I did law so.
Bradley Sutton:
I wanted to be a lawyer.
Swapneel:
Yeah, so I did law for five years and I specialized in intellectual property rights.
Bradley Sutton:
How does one go from five years studying law and then all of a sudden, e-commerce? Not a natural transition there?
Swapneel:
No, I was doing part time, like other than focusing at university. I was working as well All my university years. Any commerce yes, I was selling on Amazon from 2014. And yeah, so, and I did. Well, how did that?
Bradley Sutton:
happen, though, because that's still not typical. It's not like okay, yeah, during the day I'm going to study law, during the night I'm going to sell on Amazon. I mean like especially in 2014, when hardly anybody was doing it, so how did Amazon even get on your radar?
Swapneel:
So, even before Amazon, I was doing a lot of other platforms like eBay, and there are some other local marketplaces like traders shop clothes, so, and you know, in 2013, amazon entered in India, but in 2014, they opened for everyone, and I knew that Amazon is a really big e-commerce company and I should be there and yeah. So, but, like, even before I went to university, I was making, you know, some money like some, doing some other stuff like flipping goods from online to offline.
Bradley Sutton:
So, like you've always been like kind of like I had an entrepreneurial mindset in one of those early age. You trying to make some action, okay, now it's making a little bit more, a little bit more sense, okay. And then things started getting bigger so that when you graduated from university, did you just go full time into into e-commerce then yeah.
Swapneel:
So that that time, like for me the money was pretty big motivation thing. So in my first year of the university I wasn't sure how much I would be making as a lawyer. But on the second and third year I got to know from my seniors like what is the actual situation and I realized that man like I need to put like at least 10 years in law if I really want to make some serious money in this field.
Bradley Sutton:
Now back in 2014,. I'm assuming you were selling an Amazon USA.
Swapneel:
No, I just did in India. That's where Amazon.
Bradley Sutton:
India was active in 2014. Yes, yes, I didn't even know that. Okay.
Swapneel:
Interesting, yeah, but it was very new. It was really new they didn't do reselling or private label. Yeah, so I was just doing reselling. I used to buy a lot of stuff from USA, mainly from Amazon.com, and then selling in Amazon India. Yeah, Interesting.
Bradley Sutton:
Okay, yeah, at what year did you first hit the seven figures?
Swapneel:
The 2021, yes.
Bradley Sutton:
2021 okay, and at that point were you one hundred percent private label or were you still doing like some reselling and things?
Swapneel:
I was doing both and like I feel like so, in 2020 I launched a lot of private label products. During all the, like you know, doing the first lockdown, I was just focusing on all the products launches I will be making, doing product research and my first product has really contributed a lot for my private label journey, like I started with one product and then just my.
Bradley Sutton:
You're still selling that product now.
Swapneel:
Not anymore, because the demand is okay.
Bradley Sutton:
Can you tell us?
Swapneel:
what it is, then, yeah, sure.
Bradley Sutton:
I can show. Go ahead and send me the link over in the chat and let me pull it up on my screen. Let's see here. Okay, I see what this is, so let's pull it up here so everybody else can see. There we go, all right. So this is like a, like a USB capture card I'm looking at here. And how did you find this Like? How did you even decide that this was going to be your product? You just got it randomly, or?
Swapneel:
what. So for me, like one of the criteria to search the product is checking the new launches of my competitor or and see like if I can have that same product in a very less turn around and can enjoy the party. So that's what's my like, I mainly do. And during that time I saw like a lot of people were seeing selling this product but they were doing MFF, like they were not doing full fill by Amazon and like, even though the product demand was there, but they were, I don't know why they didn't did FPA. And I knew one thing like as soon as I will do this FPA, the product doesn't have any. Like you know, any of my computer doesn't have a lot of reviews and if I will do full fill by Amazon, then I can, you know, sell a lot of goods as well. So how many?
Bradley Sutton:
how many at the peak? Like? How many units of this were you selling a month or a day?
Swapneel:
I was selling like I was selling like a month I was selling more than 1500 units in India.
Bradley Sutton:
Wow, wow In Amazon India. And yeah, okay. All right so then you're like, okay, wow, yeah, this is definitely better than reselling, or I have to get a little bit and stuff you could just Well. Did you manufi, did you get it from China, or did you get it from there in India?
Swapneel:
Yeah, yeah, yeah yeah, I got through some of the suppliers in China. Yeah, but the best thing about this product is not just selling, but the margin I had. So I was buying this product like for $5 and was selling for like this product for around $40.
Bradley Sutton:
Wow, very nice. Yeah especially in India you're still living in India that the money goes even farther.
Swapneel:
Oh, yeah, yeah, yeah, yeah, for sure.
Bradley Sutton:
How long until you bought your parents a house?
Swapneel:
So I bought the like. You know, as soon as my business started picking up in doing COVID, my family was already super excited. So they already finalized, you know, like don't worry about being a lawyer anymore.
Bradley Sutton:
No, forget that you know like, hey, this Amazon is good, huh, okay.
Swapneel:
Yeah, but that you know definitely I was in a bit of stress situation. It's a really big thing, you know so, but that stress really motivated me to push myself further and focusing every small details of my finance, my product. So, yeah, I was a stress, but at the same time I was able to, you know, do better in those situations.
Bradley Sutton:
So 2021 hit that $1 million mark. How much did you sell last year in 2022?
Swapneel:
I did $5.4 million.
Bradley Sutton:
I mean, getting to $1 million is impressive enough. How did you go from $1 million to $5 million just in one year? We're just launching tons of products, or you had some products go viral Were you launching to other marketplaces. How did you increase so fast?
Swapneel:
So, like I was doing some international markets before in and out, like you know, kind of drop shipping back in 2018 in UK and some EU market also in USA but it was not, like you know, full time or doing throughout the year. Sometimes my accounts were also suspended because of drop shipping. But back in 2021, I started again focusing on the international markets, but still was not doing like a full-fledged business. And back in like 2022, I expanded my business in a very serious manner, like in whole of EU UK, Canada, USA. I know everything how to do an average because I had a lot of experience. And also in 2020, I did my business in Austria as well. So that has really helped me a lot. You know, like provided me enough money to expand in those other markets. Yeah, so that was one of the things like really helped me. And like I was just using my suppliers, which I'm already using in India, and I know that, whatever I would be selling the same product in USA, I would be doing 10X more at least. So that has changed a lot. And also my negotiation skills really helped me because a lot of my suppliers started giving me credit and I utilized those that credit in a very efficient manner like, yeah, you get loan and if you just spend on yourself, then it's not a good idea, but if you utilize pretty well in the business, then definitely it helps. So that's what helped me in 2022. Okay, All right.
Bradley Sutton:
Now it's coming up. We're now here in Q4 in 2023. Are you going to do better than last year? Same Worse. What do you think you're going to end up with this year?
Swapneel:
So this year it would be exactly the same what I did last year, because the situation has changed a lot this year. Firstly, I'm traveling whole of this year and it's just maybe like 40-50 days. That was in India. Other than that, I was traveling full time. I was just came, like three, four days ago, from like a four month of trip. I was in North and South America. So this year I was like pretty relaxed and also a lot of things happened at Amazon as well. So Amazon is, I think, are really not smooth at Amazon, so trying to fix those things as well, all right, so now you've got this five months, you've got this five, six million dollar business.
Bradley Sutton:
You're traveling, enjoying yourself, not working like 100 hours a week, so you must have 20 employees supporting you, huh.
Swapneel:
Oh, not at all.
Bradley Sutton:
How many total employees have you had the last few years?
Swapneel:
So in India I just had one accountant and one person who manages, and then there is one guy from at Veros. That's it in India. But I never had any employee anywhere else, even though my Indian business is not even like 7%. If I compare to my last year's sales revenue, my Indian business was just 7%, but for the rest 93% revenue, I never had any employee. So for your Amazon.
Bradley Sutton:
USA business and in Europe you have zero employees, just you.
Swapneel:
Yes, yes.
Bradley Sutton:
Well. So I mean, people listening to this might ask a question well, like, maybe that makes sense. You know, like if you're working like 90 hours a week and have no life and just stay in your basement and work all day, but how in the world do you scale a business so much? And you're the one who has to answer the customer service, you're the one who has to find a line of their products, you're the one who has to do the keyword research, you're the one who has to make the listing, you're the one who has to fight with Amazon if customer support, if something happens, how in the world can you run a five, six million dollar business just by yourself and not even working really full time?
Swapneel:
So the one of the best thing with Amazon is their FPModels. So a lot of customers, don't you know, reach out to you if they have any issues with the delivery and all the stuff, and that is one of the reasons why customers, you know, contact to the seller at first place, other than the warranty and all the stuff. And also I was doing a lot of reselling as well in US market, so the brand has to take care of those stuff. So a lot of time was saved for sure, yeah, so, and I had really good partners, for example, with the Logistic thing. I have a really nice shipping agent and that really, like you know, eases my work a lot, just sending the details of the labels and everything and just telling you where to ship which market. They take care of everything. So for me, the main goal was just to, like you know what I can do to improve my revenue, and also sometimes I used to use some freelancers if I was not really good with something. So, yeah, that's it.
Bradley Sutton:
So how many marketplaces now are you in? So right now I'm in USA, Canada, UK, whole of the EU, UAE, Japan, Australia, India, but more than 10 marketplaces, probably, and are you selling the same products across the board, or, like, some products are only sold in EU, or some products only in USA?
Swapneel:
Each market is different. For example, in India I can sell mostly a lot of products, but not very high end products and which are technical. Each country the situation is really different. Sometimes there is a really low like maybe a local company who is doing really good and have a lot of reviews, and maybe you don't have any kind of competitive advantage, even though I will try or push, try to push. So for me it's more like market specific strategies, because not all markets are same and every market is completely different.
Bradley Sutton:
Okay, now what's your, what's your process? Like, how many products are you launching or actually until now active? Approximately how many skews, different skews, you know, like if you're selling the same one product in USA and Canada and Europe, just count that as one. But just roughly, like you know, 20 skews in all marketplaces, 100, 300, like roughly. What do you think?
Swapneel:
So, like beginning of this year, I was also doing a lot of reselling, but now I'm not doing business with one of the company I used to do and that has definitely contributed a lot to my last year's venue. But things have changed.
Bradley Sutton:
So private label. Then how, yeah, how many skews are you doing?
Swapneel:
So currently I'm launching like every month at least one new product in private label and so and some I also take off the old you know, which are not really performing really nice and not what my efforts or the you know margin is shrinking a lot, so I just cut off, you know, those products. So right now maybe like 60, 70 products 60 or 70 products.
Bradley Sutton:
All right, walk me through. Have in mind your last product you launched. Like, when was the last product you launched this month? Last month? So have one product in mind. You have it in mind? Mm? Hmm, you got it in mind. Ready, yeah, yeah.
Swapneel:
Okay.
Bradley Sutton:
Yeah, Now was it July that you launched it.
Swapneel:
Yeah, oh.
Bradley Sutton:
I guess that one product you have in mind. What month did you discover it, or what month are you like? All right, this is what I'm going to plan to launch. You know we talking January last year. You know what was it? Spring when was it?
Swapneel:
So in April and May I was in China and I was looking around some products and then I found some product which is doing good in the US market and I contacted some suppliers. When I was in China I visited the factory. So it was in May, in the month of May.
Bradley Sutton:
But which came first. You found the product, or, like you found the idea in China, or you had done some research when you were still in the USA and then went to China. Which one was first?
Swapneel:
Sometimes, you know, because of some advertisement or anything if I find I just keep on. Like you know, at least every day when I'm doing product research I spend at least one hour on Amazon just browsing and doing really nothing, checking what's going on and if I can add something value on that product. So then I just found one product and I was doing more and more research and then seeing like I do check, like you know, if any product is launched recently and the rank is going crazy, it means this product could be a potential. So this is one of the reasons. And then to validate, I check the data how much volume it says in a month and other than that.
Bradley Sutton:
What are you looking for? Like are you checking how many do you have, like a limit? Like oh no, there's already 30 people selling this, so it's too late. Or like what's your what are some criteria? Is that you're looking for when you're doing your validation?
Swapneel:
So I check if this product is a really advanced, then how the product you know like before generation did, for example, like which was not that innovative enough. It was a basic product, but how much that product was doing, how much is the reviews for that product. Is a really really established and do I have chances of getting success or not? So I do check all these things and I also do the search result how much is a search volume for this particular product? And to check whether this product is seasonal or not.
Bradley Sutton:
So okay, so, so then you did all that with this product, and then your next step was you actually went to China to like check some suppliers for it, or what was the next step after you're like you know what, this looks really good, it passes my test. What was the next step for you?
Swapneel:
So I was already in China during those time in April and May and I felt like visiting the factories and you know it's a really good idea rather than just chatting them. I visited factory and I did all the customization with them and, yeah, so ordered like I can also negotiate better. For example, they gave me a price for 10,000 units but I said, hey, it's a new launch and you know, then I try to get the same price for like maybe four, five thousand units and at the same time I make sure that if this product is not really doing good or it's very new in already UK or the U market, then I make sure that I launch the same product in all across the market places all at once.
Bradley Sutton:
So this one product that you launched in July, the one that you have in mind was that only for USA, or was that one that you had launched in other places?
Swapneel:
Yeah, at the same time I was launching UK and U for that product it was Enslafrom.
Bradley Sutton:
On the subject of suppliers, have you ever had issue with your suppliers where they sell your product to other people?
Swapneel:
Oh, A lot of suppliers do that a lot of if not that, then how do you handle that?
That is one of the reason, like why a lot of my products don't have a long life long life in case. Like you know, like people do a lot of drop shipping like tick tock products and Instagram, really, you may see so most of my products are also related to that as well. Not all, but at least 30% of the product. So I sell it. The trend is going on and, yes, then eventually the trend dies, or so it's not like I can sell the same product for another 10 years as well.
Bradley Sutton:
Interesting. Yeah, so you. So you don't get really emotionally attached to the product because you know that. You know, like now are all these products you're launching similar brands, or or you always starting just different, random brands.
Swapneel:
So I have some products, specific brands, and some brands are just used for any miscellaneous products.
Bradley Sutton:
Okay, all right. So then, this product. You were there in April and May. You happen to be in China. You were browsing Amazon. You found it. You found a new supplier for it, got it ready, 4,000, 5,000 units, shipped to Europe and to US. What's your, what's your launch strategy? Like, like, like, how do you, how do you what some techniques use? Like, how are you getting to page one? Are you just using, you know, ppc? You have any special techniques that you can share? I?
Swapneel:
Use very basic first of all. Obviously, your product should have really nice photos, should classify why your product is better than any other product in the market.
Bradley Sutton:
How do you get nice photos? Do you have like a studio?
Swapneel:
You do business with or what. So I first will try to work directly with the supplier so that I don't have to spend a lot of money upfront For these photos, even because I'm not sure whether how the product will gonna do. And then, if I cannot get anything, then I try to look at fiber to find some people who can do for me, and Then also do the nice a plus content, make sure the bullet points are really good, everything this is a really basic thing to start with, and then, since I launch a lot of products and a lot of market, I Utilize one of the best tool of Amazon, that is, amazon wine, because that really help you. And If you will launch a product in a lot of market, then you get a lot of reviews as well, for example, in the US.
Bradley Sutton:
My view just oh and all the reviews are stacked together, then you be Like you get 20 vine reviews in USA, 20 vine reviews in UK in the same ascent. Now you've got 40 reviews instead of I mean, I'm sure many people do that, but you know, it's just kind of just dawned on me like that's a good, that's a good strategy to have and another reason why you should launch on the the same ascent, okay. And then you find the keywords from helium 10, like you use Cerebro or what tool are using.
Swapneel:
So for me, because some of the products are really new in the market, there are no competitors as well, so it's really difficult to focus. You know which would be the keyword. So I just use Amazon automatic ads to check all the keywords which are performing and by or but. Maybe every week I try to optimize and seeing if some of the keywords are element, trying to put in the negative list, so, and trying to make sure that those keywords are on the product title bullet points. Yeah, yeah, to improve, to improve, so like just very basic, to like no things I use. And Once, like initially, you always get very good reviews because of the wine, because normally people don't put a lot of negative reviews, they leave mostly positive reviews. So you already got initial pull, you know, for your product. Yeah and Then it is totally depends upon the actual customers reviews. If the actual customers are Giving me good reviews, then I can be sure that this product is really doing good and Then I can have that as a long-term product as long as there is a sale for this product. And then I started improving more of my ASIN by putting videos, doing, you know, whatever things I can improve for this product, then putting some Warranty-related things, making sure the customer is always happy. Yeah, I feel like if you sit on Amazon, you should always align your values with what the values of Amazon are. Yeah, so I just make sure that and I take every detail of the customer to further improve the product as well, like checking voice, you know, a voice of customers.
Bradley Sutton:
Yeah, so now you know, thinking back then, from April, your product research phase to Negotiating, negotiating with suppliers, you know, getting samples and doing your customization, like you said, sending it to the marketplaces, creating the listing in the different marketplaces, managing those PPC campaigns in the first few weeks to launch that product that you launch in July, up until, let's just say, august. You know, so one month into the launch Approximately, how many hours do you think that you spent doing all those things?
Swapneel:
Oh, one of the so one of the most interesting time for me when I launch the product is the first sale. I look at the velocity of then another cell, how fast I can. I'm getting another cell. Then you know, checking the performance each day and whether it's improving or not. And, yeah, I closely check every detail during those time and for me, whenever it's my first launch, my goal is not to make profit at all and I will focus on that. Yeah, for me, the main focus is just to see how good is the product and how is the demand actually, because if your product reviews are good and you are early, more Than you can make money for years for sure for this just one product.
Bradley Sutton:
Okay so, but then how? Same question like the how long do you think you spent up until you know, after those first few weeks of spending a lot of time checking the sales? You know like, do you think it took you 50 hours from April to July or to August for that product? Was it 10 only, or or approximately? How long did, uh, did you actually put actual work into that product? I must say like maybe, yeah, for 30 hours at least okay, so about 30 hours of work for the one product, and then now, like, let's say, a product gets mature. You know, now you are making profit. Now it's kind of taking care of itself. Like how much time in a month do you spend on that product, would you say you know because I'm you know, you're probably having to do your ppc and, and you know, check reviews, customer service. Is it like one hour a month because you almost have nothing to do? Is it five hours a month for that one product? What would you say?
Swapneel:
so if the product is really doing good, then the first important thing is to make sure that I have stock for this product, sure? So I negotiate with the supplier and, you know, try to to make sure that I have stock, and then I'll look at the competitors if there is something innovating they are trying to do and if I can implement the same as well, you know, as soon as possible, maybe one of my suppliers putting some new product as a free or, you know, trying to value add, then I also make sure that I do some value addition as well, because, just because of this stuff, I don't want my product rank to go down yeah, so how long does it take?
Bradley Sutton:
you know, like, what is your maintenance phase for a product? For that, for that? We're talking about that same product, you know. Now you know it's October, that product you launch in July. Thank you, how much time are you spending on that product?
Swapneel:
so right now I felt that this product reviews are not really doing great and I'm not motivated enough right now to do further, even though even without advertisement right now I'm getting sales for those products. But if I'm trying, this is a low value product. So if I'm trying to invest a lot in the advertisement it's not really giving me a lot of fruitful results. So right now I'm like, okay, once this product is sold I will not start again, but then, but, but still.
Bradley Sutton:
How much time is it are you spending on so?
Swapneel:
every day. I always wait for the helium, then emailed about my performance, and it gives me all the units I sold in each of the market and that really give me a lot of idea. If something is going interesting, then I try to figure out why it's going like that. And, for example, yesterday I definitely checked on that product and I was saying like, okay, I'm getting sales, not doing anything. And then I checked the reviews are there any improvement in the reviews or is there a possibility of me I take that as a possibility if I can, you know, sell this product for a long time. But yeah, I see that I still have some stock left and the other variation is that really go good, I didn't have that, but I'm still wait and watch. Right now I'm not trying to buy something. You know more from us at first yeah, let's see.
Bradley Sutton:
So you think maybe less than one hour a month you spend on it now yeah, maybe two hours yeah, so so now we can, we're getting a little bit clearer picture of how you, you know scaled up and still can be by yourself. Is, you know, like, hey, maybe to find and and vet the product and and all the work to launch it only took you 30 or 40 hours, and now that it's in maintenance mode maybe you're only spending one or two hours, you know, per per product a month but, I remember you telling me you know that you're leaving money on the table, probably because you're not using, like, all of the tools, or you're not doing all of that, the analytics, since you're by yourself. But still, even with not doing everything that you could be doing, you're, you're, you're doing millions of dollars. And then what? What is your like profit margin, would you say, after your expenses for for your business? At least 15, 15, 20 percent so always want to make 15, 20 percent. If it dips lower then then you go ahead and cancel that product.
Swapneel:
If it goes less than 8%, then definitely not worth it at all.
Bradley Sutton:
Yeah. So what's the future hold for you? Are you just going to keep doing what you're doing, like this, and just do stuff by yourself, launch a product once a month and things like that and then put on maintenance mode, or are you going to like you know what? It's time that I need to start delegating some of my tasks and maybe take some employees on? What are you going to do next year, in 2024?
Swapneel:
So ever since I was at our BDSS event, that has completely transformed how I see things and how better I can do, and from that time on was obviously I was struggling, so not focusing a lot during all those months, but right now I'm just thinking like every day. Once in a while I have thought about the delegation and what all things I expect from someone, and I'm right now in phase of hiring people, because I know one thing that I can do a lot better what I'm doing right now If I have people. For example, I have a lot of products in Australia. They do really good for me, but I feel I'm so stupid that I'm not sending the inventory on time there. A lot of my products are mostly on outdoor stock and if some market is doing really good, then I don't focus a lot on the market which don't perform well. For example, my USA and UK and EU market do such so better especially Germany, UK and USA that I don't put a lot of efforts in Canada, Australia, Japan, India and also I feel it's really bad because I have all the resources, all the infrastructure. All I need to make sure is ordering the right quantity and making sure that I have stock for those products. That's it. Yeah, so I'm losing just that.
Bradley Sutton:
That's the first thing that you're probably going to want to hire for is like, hey, I need somebody just 100% managing my supply chain, making sure that I'm not running out of stock anywhere. Okay, All right. So what would you say is your I mean, I'm assuming USA is your number one marketplace what would you say is your number two, three and four marketplaces out of all those that are going on UK?
Swapneel:
UK, I feel, can do a lot better as well. I really I'm very happy with UK market, a lot better than US market, because I feel the competition is less, the margin is a lot better than US, but overall sales it's number two.
Bradley Sutton:
You're saying next to USA.
Swapneel:
Yeah, yeah, right, okay, so far. Yes, so UK would do better than US maybe for me.
Bradley Sutton:
Oh really, wow, that's pretty impressive. Okay, interesting, all right. So, yeah, you got inspired by going to Billion Dollar Seller Summit. You can see all the strategies that people are using, and these are strategies probably your competitors are using and you're not you know. So, yeah, it's like when you go to events like this, it can open your mind as far as as you know, seeing what, what is possible out there. Okay, so, other than hiring, finally, some help. What are some other goals for you for next year?
Swapneel:
Focusing on external traffic, because this is a huge thing, really really huge thing, because I see a lot of products on Amazon having 30, 40 reviews and then there's a competitor having 20,000 reviews and they are on the top five products. Why? Because they're getting external traffic. So external traffic is a really huge thing and I think I should have some strategies to work on that thing. Maybe TikTok release, Instagram release, and I'm really like focusing a lot to get some people on board related to marketing, because that's where I feel I'm really not good at all. So, trying to work on that and, yeah, I think that can be really big thing for sure.
Bradley Sutton:
Okay, all right. Well, I wish you all the best of success. You know I've seen you already at a couple events this past year and hope to see you again at some other local events. And yes, please definitely start hiring people and get some help that you need, and then you'll be able to travel even more, you'll have some more time on your hand and you can enjoy what's your favorite place that you or craziest thing that you have done living as a digital nomad the last couple of years.
Swapneel:
So I'm kind of and really in juggy right now. So I do skydiving, mostly a lot of sports, mostly a lot of sports related to air, you know. So when I was in like just a few weeks ago, I was in north of Washington and I did some being walking on a plane, like almost eight years old plane. I was walking on that plane and that was one of the craziest thing.
Bradley Sutton:
Like on the wings and stuff.
Swapneel:
Yeah, yeah, yeah. So that was really a show.
Bradley Sutton:
No, thank you, thank you.
Swapneel:
For me, like selling on Amazon is just giving me freedom to do what I love the most. I just need financial freedom. That's it, Because that's it Like it. And such a beautiful thing like selling on Amazon you can work and travel at the same time.
Bradley Sutton:
Yeah
Swapneel:
Whenever I'm traveling still not many people very rarely meet someone who is selling on Amazon, to be honest, especially of my age group and they're traveling because either they quit the job or they just got two weeks off from office.
Bradley Sutton:
That's yeah, yeah. And they have to go back to work but not you yeah.
Swapneel:
So, yeah, this is a really like, really nice life, you know as a digital moment. But only bad thing is that when I'm traveling, I cannot focus a lot on my work. So I feel like, from going forward, maybe next few months or years, I would like to live at one place a lot more so that my work doesn't hinder. And obviously, if you will, if I want to approach eight or nine figure in coming years, then I cannot do by just one or two hours a day. I need to put more efforts and really need to be very cease at work, because big money comes with big responsibilities as well, I guess.
Bradley Sutton:
Yeah, all right. So why don't you leave us with a 30 second tip or 60 second tip? It could be either like an Amazon strategy, or maybe it's a strategy for traveling, for how to live as a digital nomad, a strategy for Amazon India. It could be about anything, so go ahead and give us your strategy.
Swapneel:
So I feel like there would be always a stress when you are selling on Amazon and you always need to have a patience, because Amazon will not fix your stuff in five minutes, even if your listing is gone, your account is gone or whatever. So the most important thing you can focus is on your mental health and you should prioritize that thing, because in life you may make a lot of money you can on the other day, if your account is suspended, you are bringing your nothing. So, but one thing can always help you is your mental health, and I think exercising is one of the best things, because that has changed completely me. I still remember how I was doing the first lockdown and how the journey from last three was not at all smooth at all, but not at all, like you know, not very smooth at all, but going workout and not stressing that helped me to not to stress. So I think, yeah, everyone should do this if you are especially selling on Amazon, because you don't have a lot of social life as well when you're selling on Amazon, except traveling, Okay, all right.
Bradley Sutton:
Well, that's good for everybody to follow. I wouldn't follow the having zero employees for $6 million business, but everything else is kind of you know, something that I think a lot of people can do Well. Again, thank you so much for joining us and I hope to see you in person sometime next year.
Swapneel:
Absolutely Can't wait to see you again. Thank you so much, Bradley. | |||
| Helium 10 Buzz 10/19/23: New Amazon Marketplace | Transparency & Returns Updates | Big Deal Days Recap | 19 Oct 2023 | 00:17:47 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Sr. Brand Evangelist and Walmart Expert, Carrie Miller. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from, and provide a training tip for the week. Amazon announces the launch of Amazon.co.za in South Africa in 2024 https://www.aboutamazon.com/news/retail/amazon-south-africa-store-launch Amazon makes it easier for brands to join Amazon Transparency through new interoperability features https://www.aboutamazon.com/news/policy-news-views/amazon-makes-it-easier-for-brands-to-join-amazon-transparency-through-new-interoperability-features The internet is littered with fake reviews. Amazon, Glassdoor and others are trying to fight back https://apnews.com/article/fake-reviews-amazon-glassdoor-expedia-trustpilot-43a478ac0b27d6bb773a3bbdba1858b1 Amazon’s Prime Big Deal Days Was the Company’s Largest Two-Day October Holiday Kick-off Event Ever https://press.aboutamazon.com/2023/10/amazons-prime-big-deal-days-was-the-companys-largest-two-day-october-holiday-kick-off-event-ever We'll also introduce you to the game-changing tool, Market Tracker 360 - your trustworthy guide in navigating a rapidly changing market. Get a demo of the MT360 tool here. Lastly, maximize your holiday profits with Helium 10's Q4 Strategy Guide – a step-by-step roadmap to unlocking the full potential of Amazon’s peak sales season. h10.me/q4guide In this episode of the Weekly Buzz by Helium 10, Carrie covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Carrie Miller:
Amazon is opening up a brand new marketplace. The Walmart marketplace has created a brand new program to help sellers save on their referral fees, and Amazon is making it easier for brands to join Amazon transparency this and so much more on this week's episode of the Weekly Buzz. How cool is that? Pretty cool, I think. Welcome back to another episode of the Serious Sellers podcast by Helium 10. My name is Keri Miller and I will be your host, and this is our weekly buzz episode, where we bring you the latest and greatest news related to Amazon, Walmart and the e-commerce space. We'll also give you a tip or strategy for serious sellers at any level. Let's go ahead and see what's buzzing. Okay, so let's start off with one of the most exciting stories of the day today, and that is that Amazon is opening up a brand new marketplace. This marketplace is going to be in South Africa. So if you are a seller in South Africa, this marketplace is going to be opening in 2024 and it's open to currently local South Africans. So they basically announced that you can start applying for this marketplace now at seller.amazon.com/southafrica and that's going to be where you're going to apply, and it's already set up and ready to go for you to do that. It's a very, very exciting opportunity for anyone who lives in South Africa, because a lot of sellers are in that area and you're selling in Europe and you're selling in the U? S and other parts of the world, but now you can sell locally to your neighbors, and so it's a very, very cool time to be able to bring your brand to Amazon with that fast shipping in South Africa. So let us know below if you're a South African seller and you are planning on applying and selling in this marketplace.
Carrie Miller:
All right, next up, we have another amazing announcement by Amazon, and that is that they are making Amazon transparency a lot easier for brands to join. Before, they had a basically a 2D data matrix barcode that they would put on products and you had to label your products physically with this with your packaging. So this meant that if you wanted to join the Amazon transparency, it would take quite a bit of time to get that all set up and going, because you have to wait till the next run of your packaging and get it on your packaging, or you would basically have to repackage all of your products if you wanted it on your current inventory, which would be very expensive. What's really exciting about this is that they are making it easier for brands through new interoperability features. So, again, you know they had it available to a lot of brands, but they had to do their packaging with that special barcode on it and as of 2020, I believe they said as of 2020, there were more than 10,000 brands that did Amazon transparency, and now 33,000 brands are actually enrolled. So I think that that number is going to jump up dramatically and this is really good for sellers and for consumers because of the fact that you know, when you have that assurance that you're not going to get counterfeit products, it makes the whole process better for sellers, for their account, health and for consumers. They're getting the product that they paid for.
Carrie Miller:
So you know, I can imagine that it's going to be very, very easy, and so what's going to, what's going to happen is you can take codes that are already on your packaging and they can use those codes to verify whether or not your product is not a counterfeit. So, if we take a look, there's an example down here and Logitech actually has done this. So Logitech started out with this kind of using their own codes and what they did is they used the serial numbers that were used for warranty purposes, so those were the codes that they were able to use for this transparency and able to validate these. And so what they do when they, when Amazon's shipping is out, they scan these codes before shipping it out to verify that this particular product is the original and not a counterfeit, and then they can send it out. If it's not, if it's not anywhere to scan, or they're you know something is wrong, then they'll put it to the site because it's counterfeit, and that saves you a lot of hassle. Now this is going to be available in Australia, Canada, France, Germany, Italy, Spain, the UK and the US, so that's pretty exciting that they're really trying to roll this out worldwide. I think it's going to be an amazing thing to be able to roll this out quickly. I know I'm very interested in getting this going on my, you know, on my brand as well, because I don't have to go back and repackage everything. Are you going to start enrolling in brand transparency and do you think this is a good thing, or do you think it's going to be a hassle? Let us know. Whatever it is that you think below. Okay, going into our next article.
Carrie Miller:
The next thing is about reviews. Now, this goes to you know kind of with the theme of counterfeit and whether or not they're real, and, as you can see here that you know, this article is saying that the internet is littered with fake reviews, and we do know that this is true on Amazon, on Glassdoor, on TripAdvisor. I know for myself, I went and looked at reviews for a restaurant that I just opened and it had so many great reviews and I was like, oh my gosh, this place is going to be so amazing. And I went there and it was absolutely terrible. And what I realized, it was a lot of friends and family that were making, you know, these reviews go, you know, to five stars and they were putting these glowing reviews for it. And it was literally not the customers, because later on the actual reviews started rolling in and I could see that it wasn't the truth. So there is a lot of that that's going on, and so I think that this could be potentially a really good thing.
Carrie Miller:
It says in this article that they are, these big companies are actually teaming up now. So we've got Glassdoor, trustpilot, expedia, bookingcom and TripAdvisor. They're saying they're all launching a coalition to protect, you know, the consumer reviews, and so what they're going to do is they said that they are going to be sharing methods on how to detect fake reviews. This, I think, is going to be great, you know, for all of us to make sure that you know, when we're buying something, that we're seeing the actual reviews of actual customers, and then also just for those brands, because it's going to help consumers to know exactly what they're getting. So I think this is going to be good on all friends, for everyone. They're probably going to come up with some really great technology to really, you know, detect those fake reviews. So those competitors that you have that you know that are putting up those fake reviews. We're going to hopefully stop that, and so we'll see what happens with that. And let us know if you've had any issues with reviews. I know I've had some issues with fake reviews from competitors on my own listing. I'm curious to know if you've had any issues with fake reviews, so let us know in the comments below.
Carrie Miller:
All right, this next article is actually something that I was a little bit surprised by, and the reason for that is it's talking about Amazon Prime Day, big deal days, and I you know the economy is kind of struggling right now and I didn't feel as much momentum going into this day as I think a lot of other people probably did. And so it shows, because Amazon's big Prime Day deal day was the company's largest two day October holiday kickoff event ever. So that definitely tells me that I was wrong in my thinking. I thought it was kind of, you know, not that much excitement going on, but there clearly was. They had a billion dollars across in savings across all the Prime members. They also had 25 million items that were delivered either same day or next day delivery, which is incredible. They were busy delivering packages. Let me tell you, one package was even delivered within 54 minutes. So really, really interesting that this is, you know, kicking off so strong, especially with the economy the way that is. I think that this is a really good indication that we're going to have a really big Q4. I'm very excited for Black Friday and Cyber Monday and just the whole holiday season. This is always my biggest time of year. So really, really great exciting news to see that it's still going strong in sales on Amazon.
Carrie Miller:
All right, the next piece of news is from Walmart. So if you're a Walmart seller, I wanna see if you are seeing the same thing that I see in my dashboard. So I basically kind of logged in today and saw this in my dashboard it's the pro listing savings. Now it looks like what happened. Is I qualified for a pro listing savings? I think you'll have to be a pro seller in order to be eligible for this, but what I'm gathering is they choose listings that are doing very, very well, selling quite a bit, and you actually get refunds on your referral fees. So I have, as of today, this just starting about $3.12 in savings. So that's pretty cool. I know it says over the last 90 days, but I know this just started, so it's definitely not over the last 90 days. I think this is gonna be bigger and bigger as time goes on, and it's very, very cool to see this kind of thing because Walmart's really incentivizing sellers to join the Walmart marketplace and I think this is another incentive. As fees go up on other marketplaces, Walmart’s giving discounts and you can see on the next screen here this is.
Carrie Miller:
I kind of looked more into it and it's based on competitive pricing and fast and free shipping. So I use WFS and I also have, you know, the same pricing that I do on Amazon. So I think that's what helps me with that, and so you get 10% commission savings. That's pretty amazing. So I'm curious to know if any of you have seen this in your dashboard. Let me know in the comments. Let me know if you have any other additional things to add about that. I think it's a very, very exciting thing for Walmart sellers to just save money. You can put that money either towards more ads or just it'll add up over time. So we'll see how long they keep this going for, and I wanna make sure I can get all of my products eligible for it.
Carrie Miller:
Okay, last piece of news, but not the least for sure, this is just an announcement about the return timeframe, and this happens every single year on Amazon.
This is really nothing new, and so they're basically extending the holiday returns policy for consumers that purchase items between November 1st and December 31st, so they're returnable all the way through January 31st of 2024, except for Apple branded products, which are returnable only through January 15th. Now this policy applies to seller fulfilled FBM, fba and Amazon retail orders, and basically this happens every year. So it's something that I know a lot of us are very used to, and it's just another kind of added benefit for people to buy products during the holiday season on Amazon, and I think it does help us all in the long run. So just so that you're aware that's what's going on with returns. If you get some returns from November all the way into January, you'll know exactly why. Okay, so up next we have an amazing demo by Shevali. She's gonna be talking about Market Tracker 360 and how it can benefit you. So take a look at this demo.
Shivali Patel:
The tool I'm about to share with you is a great way for you to gain insights into niches, regardless of if you are a scaling seller, large brand or business that has been in the industry for years. When it comes to dominating sales, monitoring, tracking and staying on top of any rapidly changing market is important, and so, yes, you could go into Amazon and try to keep up with all the new competitors flowing in and out of your market, but wouldn't it be easier if you just had a tool that allows you to market create, curate and understand dynamic markets in one place? Well, that, my friends, is exactly what I'm about to share with you. Let's jump into market tracker 360. So, with market tracker 360, we do have logic in place. If it's your first time inside of this tool, you will be taken directly to market creation. However, once you've created markets, you'll be funneled directly to market list, which is this page right here. But what exactly is market create? Well, let's talk about it. When you click create market in the top right hand corner, you have access to four choices. We'll talk about these three in this video. For the custom market that is based on products, the system will pull in products that are adjacent to the ASINs you select. You can add in products from your list that you build inside of helium 10, type or paste them in directly into the search field box. Or, if you are a token connected user and your account is connected to your seller central, just click select my products to add and checkmark any of the ones that you want before clicking add. The only thing to note for ASIN markets is there is no filtering step. Let's click back and going back. As you can see, you can also define your market based on up to 15 keywords, either from your curated keywords list inside of helium 10, just by typing them in, or using our integrated Cerebro and magnet tools for relevant keywords without having to leave the tool. So if I were to type in matcha kit, I could click this auto complete, which, by the way, is simply what people are typing in on Cerebro, magnet and black box inside of helium 10. Click analyze keywords to receive this output of additional keywords. Use the information given to figure out which keywords you want as part of your market. You can also use this option to create hybrid markets of keywords and ASINs, though you don't see any ASIN additions.
Shivali Patel:
On the second stage of this process. You will see it in the third where it says optional set custom rules. Let's go ahead and jump into the next example for a full walkthrough. Now, if you do have your token connected, we are also offering what we're calling the auto magic creation, which simply means we will create your market. For you to do this, you just need to select up to five of your product lists based on their category, and we will find associated keywords to base your market on, though you can still enhance the market with keywords of your own choosing after the fact. You'll notice in the first step of this particular choice, our product pool is already grouped based on the lowest shared subcategory node, so we want to create one based on, let's say, coffin shelves. I'm going to select these two product pools. Select next to receive a prompt that asks if we want to set any custom rules for our market or simply go ahead and review and create our market. I'm going to click yes. Take me to custom rules.
Shivali Patel:
The third step we're looking at is the filtering step I mentioned before. You'll see this step on three of the four choices of market creation, with the exception being ASIN only creations. Now, if you wish to have a very granular view of your product markets. Setting custom rules is a good idea, as it allows you to generate a default viewing criteria. This is a feature for every market creation option, except for product only or ASIN only markets, as I mentioned, and just think of it as a top level filter. So when we do automatic market updates, only the selections that apply to these filter sets will show. You will always have the capability to add individual ASINs to your market at this level. So if there are any specific ASINs you want in your market view, go ahead and add them here, be it from your list or from your own products, we'll click next. That brings us to review and create, which is the fourth step in this process. Give your market a name. I'm going to call this auto magic coffin shelf market. We can set a default date range. Perhaps I'm only interested in seeing the last 12 months. Give it a default currency. I'm going to select USD. Choose your method of market updates. If you want products to be directly injected into the market without needing any approval, then you could select automatic how we relay the keywords to the products after.
Shivali Patel:
Market creation is typically modeled based on a fusion of the best seller rank, sales volume and search volume Controlled is similar to our original market tracker. It will give you the opportunity to refine by showing you new products under the suggested products tab to add or remove from your market, and the disabled option is just a static market, which would direct all the products that we receive to the removed products and suggestions section within market settings. From here, you can then review all the information that we just discussed, be it adjusting your product list, fine tuning your category, subcategory information or your additional filters. I'm going to click create market. That's going to take us back into our market view. We'll see the new market reflected on our market list page in about 10 to 15 minutes. Hopefully now you know how to create markets inside of market tracker 360 using keywords, keywords and asins, asins only, or even auto creating that market, as long as you have that token connected. Of course, you can gain a lot of insights and analytics with market tracker 360, but it all starts with this first step, so make sure you go and do that first step.
Carrie Miller:
Thank you so much, Shivali. That was amazing. I know that this is such an incredible tool, especially for larger sellers, to really help view the market overall. So check it out. If you haven't already, we'll put a link below to where you can schedule a demo in the market tracker 360 arena so you can get more information about it if you're really interested in it. And the final thing I want to leave you with is we've actually made a queue for checklists for sellers to get ready and prepare their listings and their business for hopefully the biggest queue for ever.
Carrie Miller:
And I basically put this together along with a bunch of resources that we have and it's things that you can use. You know Helium 10 for, and then also just tools on Amazon that are going to help boost your business during the holidays. So it's, it's in a checklist. There are videos to go with a lot of these particular items to show you how to do them, and I think it's a very, very beneficial thing for you to. You know, implement a lot of these strategies. It's still not too late to implement them.
Carrie Miller:
So take a look at the checklist. You can download it, you can print it out, look at some of those videos and I promise you, if you implement some of those, you'll see some positive results from this checklist. I think it'll be a great, great resource for you that you can use this year and in the years to come. So we'll put the link below and so that you can check that out too. Thanks again for joining me this week on the weekly buzz. I think Bradley will be back again next week, but thank you for letting me kind of step in for him this week. I hope you all enjoyed the news articles that we have. I think we have some great exciting stuff going on in e-commerce, and so we'll see you again next week to see what's buzzing. Bye everyone. | |||
| #585 - From Mortician to 7-Figure Adult Product Seller! | 06 Aug 2024 | 00:34:34 | |
Erica Greenhalgh's transition from the funeral home industry to becoming a top Amazon seller is nothing short of remarkable. In this episode, we uncover the unique twists and turns of her career, beginning with her early days aspiring to be a dental hygienist, her unexpected entry into the funeral business, and ultimately, her leap into e-commerce. Erica opens up about the struggles she faced, the countless hours she invested, and the pivotal moments that shaped her path to success. With six associate degrees under her belt, her story is a testament to perseverance and the power of pursuing unconventional opportunities. We also talk about the nitty-gritty details of Erica's journey from a failed business to grossing $200,000 in her first year on Amazon. She shares her strategies for securing wholesale deals, managing a home warehouse, and the art of transforming poorly listed products on Amazon into top sellers. Erica's expertise in navigating the complexities of the adult product category on Amazon offers a unique perspective on the challenges and rewards of this niche market. Her ability to build strong relationships with small brands and address issues like minimum advertised pricing has been key to her success. Our conversation also explores the broader landscape of e-commerce, from compliance with Amazon's advertising policies to the potential of expanding to platforms like Walmart and TikTok. Erica's passion for her work and her humorous reflections on her unconventional career path make this episode a must-listen. We wrap up with a look ahead, eager to reconnect with Erica next year to see how her journey evolves and the new heights she aims to reach with her innovative strategies and tools like Helium 10. Join us for this engaging and insightful episode that promises to inspire and entertain. In episode 585 of the Serious Sellers Podcast, Bradley and Erica discuss:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Today we've got one of the most unique sellers we've had on. She started off her professional career running funeral homes, then transitioned to selling books online and doing retail arbitrage and now she grosses over $2 million a year selling adult products. How cool, is that? Pretty cool, I think. What was your gross sales yesterday, last week, last year? More importantly, what are your profits after all your cost of selling on Amazon? Did you pay any storage charges to Amazon? How much did you spend on PPC? Find out these key metrics and more by using the Helium 10 tool Profits. For more information, go to h10.me/profits. Hello everybody and welcome to another episode of the Serious Seller’s podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that's completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And we've got somebody who's a first time on the show and I actually just met her on a one-on-one call a couple of weeks ago here at you know, if you guys don't know this, you know Helium 10 Elite Program. One of the many benefits other than just you know being able to get training with Kevin King and weekly round tables and stuff? Is you get to book one-on-one calls with myself and Carrie and roundtables and stuff? Is you get to book one-on-one calls with myself and Carrie? And I started hearing about her business and a little bit of her story. I was like you know what? Say no more, because I would love to learn more about this from the podcast. I love just bringing in people who I meet at conferences and other ways who have unique Amazon stories and this definitely, I think, is a unique Amazon story. So, Erica, welcome to the show.
Erica:
Awesome. Thanks so much for having me. I appreciate it.
Bradley Sutton:
Awesome, awesome. Now, where are you at right now in the US of A.
Erica:
Currently I am in just a Mesa, Arizona, a little suburb of Phoenix. So, we are fortunate enough to have a little cabin up north that we could escape the heat from.
Bradley Sutton:
But isn't all of Arizona pretty hot?
Erica:
No, we're up in the mountains, so we are, we get lots of snow and pine trees and get to enjoy all of that, okay.
Bradley Sutton:
I didn't even realize there was places like that around there. Okay, not bad. Now is that where you were born and raised in Arizona, or you come from somewhere else?
Erica:
For the most part. So, I was born in Tucson, I spent all my teen years in Salt Lake City and came back as a young adult and have been here ever since.
Bradley Sutton:
Cool. Where did you go to university?
Erica:
You know I have six associates degrees because I couldn't decide what I wanted to be when I grew up. So, I'm a professional college student.
Bradley Sutton:
Nice. hey, before I actually do have a bachelor's degree, but I got it like, oh my God, like 15 years after I graduated high school, just because one of my companies I was working for at the time paid me to go do it. I was like sure I'll do it. But yeah, I have, like from local junior college, I've got like six different degrees. It was. I loved it, it was fun, you actually learn stuff, instead of having to take a whole bunch of just like general ed and stuff like that.
Erica:
So yeah, it was. It was awesome for me. I have dyslexia, I always really struggled in school and so, for whatever reason, learning finally clicked for me in college, and so it kind of became like look, I'm not dumb, see what I can do.
Bradley Sutton:
Nice. Now what? Did you have a theme of what you were taking, though? Like, did you have some kind of goal in mind, like hey, I would like to work in this? Or you just like, hey, I want to learn.
Erica:
Yeah, from a young age I wanted to be a dental assistant, dental hygienist, so, ongoing to dental hygiene school, I moved out at 17, because you know everything at 17. And I found myself completely broke and not having a clue what to do. I remembered a girlfriend of mine. We took a health science occupations class in high school and part of the class was to get up and job shadow somebody in a medically related field, and she had done a funeral director and in the back of my mind I was like, well, that's cool. But I knew what I was going to do. And I then had an opportunity. I walked into a funeral home that was next to the college, wondering how I'm going to pay my rent, and the gentleman spent about three hours with me. I put my name in a local newsletter and, lo and behold, a few months later I was offered a job at a funeral home as an intern, and also.
Bradley Sutton:
So, then, what you had chosen as your shadow, whatever day was the funeral home.
Erica:
No well, I had chosen other medically related careers. A girlfriend of mine did funeral to done, had job shadowed a funeral director and I always thought that was cool.
Bradley Sutton:
So, this is it almost sounded like you, just randomly. It was kind of getting kind of morbid there for a second. I was like, yeah, I didn't know what I was going to do with my life, so I went into a funeral home.
Erica:
I was like wait, wait, wait, where's?
Bradley Sutton:
this story going here.
Erica:
That is exactly what happened.
I had no idea what I was going to do.
Erica:
So, I just walked into the funeral home going, well maybe there's an opportunity for a job here, like, let's explore this adventure in life. Okay, so there is a little morbidity to it. There's no family history. There's none of that. So, I fell in love with the industry. I love serving families. I love every aspect of it. It's my true passion. But unfortunately, that job is a very high demand and very high stress, so there's no margin for errors within that.
Bradley Sutton:
So, you started working full time there when you were still in the junior college.
Erica:
I did, yeah. So, I completely did a 180 and started going a different direction in life and worked in the funeral world, had some kids, stayed home for a while and went back into the funeral world. And the funeral home I was working for at the time was a fantastic family run funeral home here in Arizona and unfortunately, the gentleman who had started it began to age out, needed to take care of his wife who was also aging, and the people he left in charge were just cutting corners to make a dime and I really felt that they were going against everything the business was built on. And so, I left there and a former friend business partner of mine was like hey, I'm selling books and shoes on Amazon and making like a thousand dollars a week doing it. And I was like that sounds fantastic. I can sell books and shoes and figure this out.
Bradley Sutton:
What year are we talking about? About more or less?
Erica:
This was back in 2015, 2016.
Bradley Sutton:
Okay, so almost 10 years ago. Now, I think I asked you this before, but the funeral home did they have a Ghostbusters like a Hurst that you could drive?
Erica:
We did. In fact, my business partner that I started the e-commerce business with we had a custom coach made that was old timey looking. It was pretty sweet. It was Rosewood is the company Rosewood Coach and got to pick out custom colors and all the details and it was pretty awesome.
Bradley Sutton:
All right. So, working at the funeral home, you're like, hey, this is not what it used to be, and so I'm open to other ideas. And then you hear about Amazon, and then so your first entry into it was it books, was it arbitrage? How did you just kind of get into Amazon?
Erica:
It was a little of both. So it was kind of getting our feet wet going out and I would buy lots of books off of Craigslist and I had a Ford Explorer at the time and I would load up every ounce of Squarespace in that Explorer with lots of books that I could buy and figuring that out and it was just learning the pieces and putting it together of you know how to find what's what will sell on Amazon, how to find what won't, where your margins are going to be. It was a really fantastic place for us to start to get a full understanding of the Amazon game without a ton of investment required.
Bradley Sutton:
Were you still working at the funeral home and started this, or did you already leave and then now this is your only income, or what was that transition like?
Erica:
You know what? I had left the funeral home, I had about six months of income, and so it was one of those decisions that I either had to make this work and or it didn't, and I had to move on. So, I was just coming off of another failed business. I guess I'm an entrepreneur at heart and always looking for the next. I knew that I was capable of doing more, and so I was a little down. To be honest, I wasn't feeling great about things in life. I had left the funeral home, just had a failed business, and so this was kind of a I have nothing left to lose and all or nothing, and so I made the best of it over six months and was able to more than replace my income at the funeral home and decide to run with it and see how far I could take it and where we could go.
Bradley Sutton:
So, in that first year of selling on Amazon, or first of all, was it only Amazon, or were you also selling other websites? Or we're just talking about Amazon here?
Erica:
I was exclusively Amazon.
Bradley Sutton:
How much did you gross in the first year and then profit off of that?
Erica:
I want to say, in our first year and I apologize, I don't have numbers in front of me we did about $200,000 our first year.
Bradley Sutton:
So how much like were you spending eight-hour days, kind of like, or more or less, or.
Erica:
Yeah, I would say about six to eight hours a day and more. A lot of that was figuring out. What's your strategy going to be? Are you going to do online arbitrage? Are you going to do in stores? I would go and spend hours just scanning every possible thing in any store that I could, just to get an idea of what are some restricted products, what are categories that needed gating. And as I began to do that, the first year or so I realized it was a hustle to go out and find that deal, like sometimes you struggled and sometimes it was a complete mess and you would spend days with nothing. It was a complete mess and you would spend days with nothing. And so, we began to look at different wholesale accounts of I'd like to prefer to pick up a phone and just replenish my inventory rather than going out and hustle to find it. And we set up random wholesale accounts with probably 20 different companies, seeing what worked and what didn't?
Bradley Sutton:
What was your line? Like you'd cold call them and then just say how would you get them on board.
Erica:
Well, to be honest, I think that I purchased a course of how to set up wholesale accounts I want to say it was like $1,000 or $1,500. And in turn they're like here's this list, and I think I bought a list off of them and they're like but be prepared to be told no 90% of the time. And I was like, yeah, no problem, I'm willing to make all these phone calls and see where it goes. And so, as I began to make these phone calls, every single person said yes to setting up a wholesale account. Now, I think times are a little bit different today than it was back in 2016 when I did this, but all they wanted was our reseller certificate and bam, we had a wholesale account. And so, then I was overwhelmed by these massive catalogs and I want to say we were selling everything from baby pacifiers to nun chucks and nail polish and everything in between. There was no rhyme or reason between what we sold. Using FBA, so everything was FBA.
Bradley Sutton:
So then, did you have your own warehouse, would you need to get all this stuff in and label it, or you would have these companies send it to Amazon for you.
Erica:
No, I had a card table set up in my bedroom with my computer and my label printer and it was absolutely ridiculous. You know, I'd fill my entire living room with boxes and it was one at a time opening them up, and I couldn't even afford the $8 pickup for UPS to come get it. Then I would load my car and carry all of it in. And it was. You know it was a hustle.
It was an adventure bootstrapping it, figuring it out, you know.
Bradley Sutton:
less labor-intensive kind of than the retail arbitrage where you're actually having to go out so much, you know, at least you could do it from your house and things like that right and no scotty peeler injuries so saved okay and then how? Did that progress? Did you just kind of like transition to only wholesale and cut out the books and arbitrage?
Erica:
We did so we transitioned into wholesale exclusively, and at that time we began to see a lot of these manufacturers had map pricing in place. So minimum advertised pricing. Minimum advertised pricing. So, if your item is supposed to sell for $49.99, I couldn't wrap my head around the fact that it's selling for $26. And by the time I was doing the math, I'm like these people are making pennies and I just couldn't understand this. And so, then I began to speak with our wholesaler more, and they began to tell us how frustrated these manufacturers are that nobody is taking care of Amazon and how upset their brick-and-mortar stores are, that people could go online and find it for less, and how they're losing out on money. And I would also find incorrect information and incorrect images. And so, I began to really pivot our business, seeing a huge hole in the industry between manufacturers and the e-commerce space. And so, I approached these manufacturers and I said, hey, what if you were to give me exclusivity on your product in exchange for me managing it on Amazon? And it's a win-win for everybody. I will do it for free. If you don't like me, you can fire me. I won't make you sign a contract or anything else.
Bradley Sutton:
When you say manufacturers, are these the same people that you were buying stuff from wholesale? And you're just like hey, can I have exclusive? Or were you buying from distributors? And you're like let me find who's the real manufacturer.
Erica:
So, I actually worked as a team with my distributor. I think that there's enough money to be made by everybody. Could I make more money going direct to the manufacturer? Absolutely, but he really opened those doors for me to the manufacturers direct, and so my agreement was you know, I'm going to continue buying it where I get it from in exchange for you know, everybody wins in this situation. So, the manufacturer wins, the distributor wins, and I felt like I came away a winner in that, and so we began to grow that way. we, I only do. I'm to the point now that I only work with brands that have brand registry done so that we could maximize and take advantage of all of the benefits that brand registry offers and it's grown.
Bradley Sutton:
At what point did you get into the adult products? Cause, that's pretty much all you do now, right? It's exclusively all you do, and how in the world did that transition happen?
Erica:
So, we found, as we began to look for local wholesalers because we're limited on funds and we had to keep our money moving we found one of our wholesale accounts was a rubber duck company and my former business partner was like, hey, I think they make a vibrator rubber duck. And so, we then discovered that there was a distributor here in Phoenix and reached out to them and that cut down a huge amount of our lead time because we could go and directly pick it up and we didn't have that extra delay in products coming in, because we were so new that tires were not something I knew to ask for or could get, especially as a new customer. And so, we started working exclusively with a distributor here and they're the ones who were fortunate enough to open up those doors for us directly working with the manufacturers.
Bradley Sutton:
Okay, and then so did you like slowly just move everything in that direction because there was more profit, or how did that happen?
Erica:
You know, it became a passion to see these brands grow and I loved seeing these terrible listings with terrible images grow into something amazing watching sales increase. Their sales as a whole increase because brick and mortar stores were willing to pick them up more, without having that competition online and the low price, they said okay, well, as long as online is the same price as us, we're happy to carry it, and so it really builds the brand's overall health really.
Bradley Sutton:
And so, how long has it been now? how many years? Where are your kind of like, exclusively uh in the adult space?
Erica:
We started short in in 2016, so I'm in nine years, so it was right after.
Bradley Sutton:
So, it's been a while now.
Yeah, okay, which year was your peak, would you say. Was it during covid is? Is it every year you're growing, or did you have a peak a couple years ago?
Erica:
I've been extremely fortunate to grow every year, but definitely COVID was a massive peak, so during that time we owned two funeral homes and the e-commerce business. So those who are bored during that time.
Bradley Sutton:
So, you got back into the funeral home business then, after you had left that, yes, oh, hold on I skipped this part of the story.
Erica:
Okay, my former business partner had owned a funeral home in Sun City and we had partnered on the e-commerce business together. But I was the one who'd built the e-commerce business and we decided to open a second funeral home and said well if we're going to do that, let's partner on everything. And so, we did. Unfortunately, about two and a half years ago, we just went our own directions in life and I continued the e-commerce business and he went on his own direction.
Bradley Sutton:
Interesting. What do you think you're going to end this year sales wise? If you know we're over halfway through the year, what do you you'll end up gross?
Erica:
I think we'll be a little over two million this year in gross sales.
Bradley Sutton:
Wholesales obviously different kinds of profit margins and stuff. What's your target? Profit margins, after all your expenses, of what you're trying to clear so that you know whether you can take on this product or this account. What do you target?
Erica:
Well, if Amazon would quit upping their fees, it would be a lot better. Our goal is around 30%.
Bradley Sutton:
Good Lord, that's a lot. That's more than private label even sometimes, yeah, interesting.
Erica:
yeah it's a niche that really, I think that anybody can go into. I don't know about anybody, but well, it's definitely an avenue that others can pursue. There’re so many small companies out there that really their attention needs to be focused on building their brands and marketing and expansion and growth that if you're able to reach out and add some value and take on this piece to them. A lot of the companies I work with are small mom and pop companies and they've really become family, and that's the part that I think that I love the most is the relationships that I have in the industry, so truly everyone has become family.
Bradley Sutton:
Now, are you still going out there and looking for more accounts, or is all your growth just from growing the accounts that you do have? What can you contribute your growth to?
Erica:
For the most part, my growth, I think, has contributed towards just doing the right thing. I don't pursue any new accounts. I do have people who approach me often and I'm very selective on who I work with at this point.
Bradley Sutton:
Are you at the point now where you know you had said before you only talk to people that already have brand registry. But are you the one who's like making the list, like, like, let's say that you know you've been working with somebody for a year and they're like, hey, I've got this you know, pocket rocket 3.0 that's coming out brand new launch. Now are you the one who's making the listings and organizing the photography and the launch strategy, that stuff, or you just work with okay and the launch strategy that stuff, or you just work with Okay. So, it's almost as if you're running it like a private label ,even though it's not your private label but it's like you're not just buying product and reselling it. You're doing the steps that a private label seller would do, okay.
Erica:
Yeah, so I'm doing all of those steps. These are their babies, so they've poured their blood, sweat and tears into building, grow them the way that they want to see it done. So, I don't do anything that they're not okay with. I work closely with everybody and provide them annual reports. Here's where they're at somewhat quarterly reports. Want to see growth. Here's where we're struggling. Here's a higher level of returns on this product. Let's try to figure out why, and so we really work together in growing this, and so I feel like it's a huge honor and a huge privilege to be given this level of trust.
Bradley Sutton:
Tell the audience about, like, some of the differences of selling in this category compared to, you know, the average category where you know you can pretty much you know, do anything you want. What are some of the restrictions as far as that goes in the adult category?
Erica:
Our biggest challenge is the lack of ability to advertise, so there is no advertising allowed. They are extremely restrictive on images. That's been probably my biggest challenge lately is that I'll have some images published on one variation and they block my images on another variation. Why, who knows? It's Amazon. We don't know why they do what they do most of the time and you know, language is extremely important. There's a lot of words that unfortunately, we can't use in writing copy.
Bradley Sutton:
You know like, obviously there's words that you know adult, words that a non-adult category wouldn't want to use, because then you get classified as in the adult. But you're saying, even if you are in the adult category, there's still limitations on the verbiage you can use.
Erica:
Correct, correct. And we're even behind a virtual black curtain, in that you can go into Amazon and there are listings that pop up who are not listed in the adult category and eventually you get caught. So, I really don't recommend it if you're looking for longevity on Amazon, but in order to even find sexual wellness products, you have to go under health and household and then you can begin to search for them, and a lot of times then even you have to hit sexual wellness to locate items.
Bradley Sutton:
Advertising, obviously, is what brings eyeballs to products, and especially when you launch, you might not be on top of page one right away. So, you use advertising to get to the top of page one and then hopefully, your organic rank increases. But then now, without advertising, when you have newer products like, how are you getting placed on? How are you getting to page one for your main keywords? Are you sending outside traffic? is it just a slow roll that that you know? You cross promote your different products, what's your strategy there?
Erica:
It's a mix between all of the brands. So, some brands um, I have one in particular that they've completely built their entire branding off of social media. So, he has a social media background and it's where he came from and he decided to do a product launch to see, thought it would be fun and see where he would take it, and had a ton of success with that. I have other brands that have been around for decades and so people are very aware of the brand name and pursue it that way, and we'll highlight items within the storefronts. We do some online advertising with different brands, so it's really different between what these manufacturers are looking for across the brand, so it's different with everybody.
Bradley Sutton:
The rest, though, of the whole Amazon journey is it pretty much similar as any other Helium 10 user like you're running Cerebro on maybe your competitors’ listings or tracking your keywords and things like that.
Erica:
Yes, so I'm back, new to Helium 10. It's been a few years and I'm realizing how much my business needed it. So there's a lot of tools and a lot of words and a lot of content, a lot of features that really I needed to get me to the next level, because I've been doing it for so long that you think you know what you know until you get to the point that you realize that a lot of the information that you used to use and used to know is dated and out of date, and so I'm missing the boat and, I'm kind of kicking myself a little bit now, realizing that I'm a little late to the game.
Bradley Sutton:
Maybe you left some money on the table the last couple of years.
Erica:
Yeah, a little late, but then never right.
Bradley Sutton:
Is it now to the point? Obviously, you know $2 million of the products you're not labeling and stuff in your bedroom anymore. So, do you have a warehouse or do you just tell them, hey, put this sticker on your products and then send it to Amazon? How does that work?
Erica:
Yeah, that's exactly what I do. So, I have a couple of warehouses that I work with and they take care of all the fulfillment for me. So, I did seller FBA for a while. I was not a big fan, especially with Amazon's page view requirements and next day shipping requirements. It just got to the point that it was not profitable.
Bradley Sutton:
Yeah, seller, fulfilled prime where, where you, you have to deliver it to the customer in like a day or two. Uh, and hit those deadlines, yeah.
Erica:
Yeah, I did that for a while and then it just got out of control and unrealistic, so I went back to FBA and it's it. It's worked out well.
Bradley Sutton:
Any horror stories over the last five years you know other than you know. All of a sudden, they shut down one of your listings because of one of the images they don't like, but anything really like where the whole account has gotten shut down, or lawsuits over somebody saying, hey, I use this lotion and it made me amputate my leg, I don't know. Whatever the heck. Anything weird has come up since you've been selling on Amazon.
Erica:
Well, I mean, you always get crazy returns
Bradley Sutton:
how do you even take returns in this category?
Erica:
You're not supposed to. It violates. But somehow, they allow it. But I did have a very sweet lady write me a handwritten letter about how her brother bought her a vibrator and how she. Yeah, about how she appreciates the kindness and thoughtfulness behind it, but it's not really for her and it is not used and she would really appreciate if we would give her brother her money back.
Bradley Sutton:
yeah, that family might have some issues that that should not be the kind of thing you give to a sibling. Okay, interesting,
Erica:
She was in her 70’s and wrote this beautiful.
Bradley Sutton:
now it's even more interesting, oh my goodness gracious!
Erica:
So weird. So, I was like okay.
Bradley Sutton:
Well, what about on the opposite side, any other funny story? Hey, because of these products you saved my marriage or something, messages like that, or just like something really cool that's happened, like amazing prime day, or you had a product go viral, or anything like that.
Erica:
Yeah, I've had some messages that they're lubed into riven time and so, unfortunately, they suffered severe chafing and they would appreciate if I could deliver on time. This was fulfilled by amazon, not me, but I was like well okay, I don't know what to tell you. I'm sorry that you experienced this. Other than that, you know I've been shut down a few times. Unfortunately, some customers claimed they received inauthentic product or used product, which can never be the case based on how we operate and how Amazon operates. And so, you know, you're down for a day or two, you submit invoices, you're back up. So, as frustrating and as annoying as that is, you know it is fixable.
Bradley Sutton:
I haven't said anything that can happen to any um Amazon seller. Okay, what are you know, other than certain words that Amazon doesn't approve, and I'm assuming that Amazon doesn't necessarily give you the exact list. It's just kind of like a you'll know when you know, but what? What give you the exact list is just kind of like a you'll know when you know, but what? What if anybody else is getting interested in getting into this niche? how do you know what words not to use, like what images for sure you can't use Like what? What are some of the guidelines that people need to know?
Erica:
There are some guidelines within the back end. I think that they're extremely vague, um, but they do not like product images in hands, um, even textbook terms like nipples and footrests and things like that you're not able to use in your texts. The only trick that I've found into finding out what is okay and not okay is when you submit a plus content. So, a plus content then gives you the red flag. Red flag you need to remove this word. But as far as Seller Central goes and writing your copy and it not being published, you just have no idea and you open up cases and you get a very generic response back. Nobody tells you specifics and so really, it's been a trial and an error of what they'll allow and what they won't allow.
Bradley Sutton:
So, you mentioned A-plus content, so obviously, obviously that's allowed in your niche. Other, what about like things like virtual bundles or other things? Is it just that strict advertising, like there's no sponsored product, no sponsored brand ads, no videos? Yeah, video could never work in this niche.
Bradley Sutton:
But videos, but not advertise. Oh, so you have videos like for your listing.
Erica:
I do so. Not every product has a video, but there are quite a few videos that I'm able to post on the listings.
Bradley Sutton:
Oh well, that's kind of mind boggling to me, Like I would think that definitely that would be kind of hard to be able to have a compliant one, but okay.
Erica:
Yeah, welcome to Amazon, but you just can't yeah.
Bradley Sutton:
How about like amazon post. Are you allowed to do those?
Erica:
No, no posts. Um, I'm able to do brand stories, a plus content, videos, and then storefronts and storefronts, are you know? Again, you have to be careful with images and words that you use. It's like anything. Sometimes you submit it to Amazon and they'll say something is wrong with page one, and then you submit it again and page one is just fine and page three has an issue, and so you just go through and kind of whack them all until you get it to where it's okay.
Bradley Sutton:
Are you selling on other platforms as well, or just Amazon?
Erica:
We do a little bit of Walmart as well, and I just got my TikTok storefront approved, so I'm working on pursuing that as well.
Bradley Sutton:
Excellent. So, do you know what's the? Is that a lot is that kind of products allowed on TikTok shop?
Erica:
They are. So, one of my manufacturers that I work with that's really how he's built his business. You just have to. There's a lot of guidelines and rules, so I'm fortunate to have a mentor in this area that's going to be able to guide me on that, because this is something new and outside of anything I've ever done.
Bradley Sutton:
Yeah, let me just warn you, you, you could potentially get real busy real fast, like, I know people who, within a couple months of starting on Amazon or a TikTok shop, already surpassed their Amazon sales, and I can imagine if that's I was curious, if it was allowed that this would be the perfect product for TikTok shop, because you know influencers, which is what it's driven by like your stuff could definitely go viral. So, okay, you might have to expand out your three-employee team there soon.
Erica:
So, that's, yeah, it's. It's totally new realm to me. So, I we'll see how it goes. What's the worst thing that can happen, right.
Bradley Sutton:
Yeah, right. So, you referenced that, hey, you're happier back using helium 10 now and that you've noticed already some things that you could have been doing before. What are some of those things I like? What have you know, even though you came in as like an experienced seller and then, not having used helium 10 for years, it's almost like as if you're a new Helium 10 user. So, what were some of the things that have already, kind of like changed up your SOPs on how you how you do things?
Erica:
So, I love your keyword tracking and I love competitor tracking. Those have been huge because I could never figure out what they were doing and I wasn't. That's been my biggest thing. And I also love my ranking on my product page of where am I scoring? You know, some of my listings. I'm like wow, I didn't realize how short I was falling here or copy wasn't displaying, and so I'm going through and re-digging through everything as I go and finding it's allowing me to completely clean up my product catalog and to maximize clean up my product catalog and to maximize every single word, every single image, every single phrase that I'm using to at least optimize where I'm ranking in keywords. If I realize I'm missing out on opportunities of advertising, but let's maximize what I can do.
Bradley Sutton:
What are strategies you think just here, in brief, like that you can say to anybody, regardless of what category they're in? That's really helped you, because it takes a special little something to be able to have a three-person team and manage the number of SKUs you have and scale it to this amount and at that kind of profitability. That's not something that just anybody off the street can do. So, what are a couple of things that you think are working in your favor here?
Erica:
I'm a big believer in always doing the right thing and never chasing money. So, I think when you do the right thing, the money follows, and so, unfortunately, I've seen on Amazon over the years that people try to make a quick dime and you do. You can make a quick dime on Amazon, but it's never works in your favor on the longevity of doing things. So that's my number one thing is to do the right thing even when people aren't watching it. You know, if you don't have manufacturers watching, if you know, no matter who's looking over your shoulder, to never do it to make a quick buck. And the second thing is I think that, no matter what the industry is, go and start having conversations. Whether you go to a coffee expo, find out local expos that are coming to town, and start having conversations with manufacturers and look for opportunities.
Bradley Sutton:
Are you planning to go to Amazon Accelerate in Seattle?
Erica:
No, I'm not going this year, unfortunately, I know.
Bradley Sutton:
Anybody else out there who wants to go. You can't get tickets from Helium 10, but just go to h10.me/accelerate, I think, is the link to go. But yeah, I was about to say it would have been cool to be able to meet you in person over there. If anybody is interested, we're going to have a special event that's normally only for Elite members, but we're going to open it up to a few others. So, if anybody's interested in registering, only register, guys. If you're going to go, use h10.me forward slash Seattle. We're doing an event on the 16th of September, the day before Amazon Accelerate. We'll have Kevin King there, Destaney Jeff from Amazon, Melanie from Avasa. We have a lot of cool speakers and some networking and partying to do. If you were there, you would have been the toast of the town, I think, everybody wanting to pick your brain on your interesting story there. But we'll have to meet up at another event another time. Well, thank you so much, Erica, for joining us and telling us your very unique story. There are some people that you can probably say I'm sure somebody else has done something pretty similar. There's probably nobody who has gone from funeral homes to selling books and adult products. I think it was really nice.
Erica:
I get you coming and going.
Bradley Sutton:
Oh, okay. I wonder how many people throughout this had a that's what she said like in the back of their minds, or some puns like we could have had a field day with today's content, but that one was. That's a perfect way to end the episode there, I guess.
So, anyways, Erica, I definitely want to reach out to you next year, have after another year under your belt of selling, to see what new things you've learned or what new Helium 10 tools you're using and maybe did you hit 3 million or not, so look forward to bringing you back on the show sometime next year.
Erica:
Awesome, sounds great, thank you. | |||
| #501 - Walmart Seller Coupons, Brand Stores, & Ask Me Anything | 17 Oct 2023 | 00:23:21 | |
Listen in as we tackle all your burning questions about selling on the Walmart marketplace, from gaining access to coupons and utilizing brand stores to handling comp errors and deactivations. Discover why it's critical to get your inventory to Walmart as soon as possible before the end of October and learn the ropes on what metrics you need to focus on when aiming for the Pro Seller badge. We also tackle your questions straight from our Winning with Walmart Facebook group, so tune in for those insights. Interested in the Walmart Influencer Program? We've got you covered! This episode also explores the ins and outs of the Walmart Influencer Program and provides key updates on when brand stores and video ads will be available to sellers. Listen in as we discuss the approval process for pesticide products on Walmart, the steps to register your trademarks on the platform to get the Walmart brand registry, and whether there is a request a review button in Walmart. Did you know that Helium 10 has tools for the Walmart marketplace? We explore the nitty-gritty of product listings, coupon availability, and how to compete against first-party brands on Walmart. Plus, how to join the Helium 10 Winning with Walmart Facebook Group. Don't miss out on this Serious Sellers Podcast episode to make the most out of your Walmart selling experience!
In episode 501 of the Serious Sellers Podcast, Carrie talks about:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Carrie Miller:
Today, we're going to be answering all of your burning Walmart questions. In this Ask Me Anything episode. We're going to be answering things such as when are coupons going to be available for everyone? When can I start utilizing brand stores, how can I deal with comp errors and deactivations? This and so much more.
Bradley Sutton:
How cool is that? Pretty cool, I think. If you guys would like to network with other Walmart sellers, make sure to join our brand new Facebook group called Helium 10 Winning with Walmart. You can actually just search for that on Facebook or you can actually go to h10.me forward slash Walmart group and you can go directly to that page. So make sure to join. You can tag me and carry with questions and ask questions of other Walmart sellers or even share your own experiences in that Facebook group.
Carrie Miller:
Hello everyone and welcome to another episode of this Serious Sellers podcast by Helium 10. I'm your host, Carrie Miller, and this is our Winning with Walmart Wednesday episode, where we answer all of your Walmart questions and we give you all of the latest and greatest information about selling on a Walmart. In this episode I'm going to answer quite a few questions that we've had in the Facebook groups. I asked quite a while ago if you had any burning Walmart questions, so I'm going to go over those questions for everyone today and give you some great answers. In addition to that, I wanted to remind everyone that we are in Q4 already, which is kind of crazy that we're already in the last quarter of the year. But start sending in your inventory now to Walmart, because WFS is already starting to take kind of a longer time to check in products and it's going to just get worse and worse as the holidays keep coming closer. So, just like Amazon, try to get your inventory in by the end of this October and just kind of do more than you're used to sending in. I know last year I actually ran out during the peak season of inventory to forever to get checked in and so I missed like three weeks of December, so it was kind of a bummer. So if you haven't done that, make sure to send in that inventory.
Carrie Miller:
I want to start answering some of these Walmart questions that everyone had and I think they're really good questions. I think they're going to be very helpful for just looking at these answers for all of you. So the first one is that I had on my list is that someone in the groups asked because they really wanted to know this from Walmart, and these are not official Walmart answers. By the way, this is just some research that I've done. It's no way connected to Walmart, but I did do the best that I could to find answers for all of you that had really important questions for Walmart. So the first question was Amazon allows access to all deals and coupons to every seller, regardless of their sales volume.
Carrie Miller:
When will Walmart give equal access to things like flash picks to Walmart sellers, equivalent to best deals seven days, and what they said is that deal parity right now does not exist on the Walmart marketplace. However, if you do have an account manager, then they actually can submit those coupons for you. So for those of you who are lucky enough to have an account manager and usually you have to have a certain number, a volume of sales per month in order to get one of these account managers. They actually can help you and they'll be able to submit based on the fact that if you have a you know good seller response rate, if you have good WFS metrics and you know a low number of refunds kind of use it basically in the pro seller range they'll be able to help you with coupons if you're not a one piece seller. So that is something to kind of keep a thought in the back of your mind If you, you know, do have an account manager, ask them about coupons, if you can get into those flash picks and they potentially could help you with that. So sorry, I don't have a better answer, unfortunately, but I think that is a good way, you know, at least for some of you, to get access to some of those coupons. All right, so I'll go to the next question.
Carrie Miller:
Let's see here when can you tell us more about the Walmart influencer program? So the Walmart influencer program is called the Walmart creator program and they are actually trying to do similar to what Amazon has done and they're recruiting a lot of influencers and I don't know if you've seen this, but I know I've seen this on Instagram because I follow a lot of the fashion deals pages, and they are promoting Walmart products in terms of clothing. Right now. There's a lot of cute stuff that you know Amazon sellers are now putting on Walmart, so these influencers are also promoting it on Walmart and they're getting commissions for it. They get a specific commission based on the category, just like Amazon, and so that is something that's really up and coming and something to keep an eye on. If you are in certain categories like home decor, fashion I think those are really good. You know areas to really utilize those influencers because they already have kind of the right audience for you, and so I would highly recommend kind of checking out. Go on to Instagram and search hashtag Walmart influencer or hashtag Walmart partner and you'll see a bunch of videos come up and you'll see you know whose accounts are really Walmart partners so that you can partner with them.
Carrie Miller:
Okay, so the next question is I saw that brand stores and video ads are in beta. When will these be available to sellers? Now? This is a question a while ago. Video ads are actually available now to brand registered sellers, which is really, really exciting. So if you have your brand registry all set up in the brand portal on Walmart, you have access, so you should be able to see on Walmart connect the video ads so you can do that. In terms of brand stores, they there isn't an ETA for brand stores, but I do know I've seen some sellers who are in the beta and they are testing it out. So I imagine it's the same as what happened with the videos. The videos were in beta not too long ago and they're going to start rolling out. You know the brand stores probably in a similar way. So that's pretty exciting and I hope it's soon.
Carrie Miller:
But they encouraged everyone in the meantime to take advantage of rich media. Rich media is like A plus content on Amazon and you can go on to the into the help section for rich media and you can actually get free hosting of videos and 360 images currently. So I would check that out. Otherwise, there are a bunch of agencies that do host rich media and you can get different modules that are really I think they're really great modules that you can utilize on Walmart. You just have to pay per skew, so it's a little expensive but worth it if you can see that conversion All right.
Carrie Miller:
The next question was Amazon has a request to review button that allows Amazon sellers to press a button on an order and Amazon sends a review request email to the to the customer on the seller's behalf. Will Walmart do something similar to help us get more reviews? So the answer of this is that there isn't something that's currently available but and there isn't a timeline for it to be able to get it to be available. However, Walmart actually does send a review request automatically after seven days to the customers on Walmart to request a review, so that's kind of an automatic thing that they already do. They wanted to also encourage all of the you know Walmart sellers to utilize the review accelerator program. So the review accelerator program if you have on your product five reviews or less, then you can pay $10 to ask your current customers for review. So it's actually, I think, different than Vine, because what it what it happens is that people are already buying your product and they'll send them an email and say, hey, we'll pay you $3 if you'll send in a review and then we pay. We pay Walmart $10 for this service, so it's actually really worth it. Up to five reviews, you can get verified reviews from your actual customers. So review accelerator it's in the growth opportunities tab, so check it out there If you have less than five reviews. There's also a review syndication where you can get your reviews copied and pasted, basically over from your website. So a lot of really cool opportunities for reviews, but they don't have any kind of timeframe for that request review button like Amazon has. However, I do think it's pretty encouraging that they're already sending those emails for us, so that's something that's that's great to see.
Carrie Miller:
So someone just asked how do you register a trademark on Walmart? So basically, you would take the same trademark that you have as an Amazon seller and you're going to go to the Walmart brand registry portal. It's a whole different website, so you can just Google Walmart brand registry portal and then you're going to apply there. It's very simple. You just put in your information there and you can. You can get accepted pretty quickly. So I would recommend go ahead and Google that and it should be pretty straightforward.
Carrie Miller:
What is the approval process for pesticide products on Walmart? We have 10 bestselling products on Amazon that we are simply not allowed to list on Walmart. The products have all the required government approvals with the EPA, et cetera. So the answer that I found on this is that there's an item report in Seller's Center and it's gonna have the reason code for why an item isn't published and so you can actually open up a partner support case, for all you know, for the web with whatever the reason code is. And then also, if the item status is on says item on hold, then the seller needs to either submit the required documents or provide the missing attributes to complete the submission. So it'll say what attributes are missing or what documents are missing, and you should be able to submit those. I will say I did kind of a case today you can find it on YouTube and we were uploading a hemp product onto Walmart and it has been quite a challenging process and you can actually see part of the process on YouTube. But I'm gonna give an update soon. But the update really is that they really don't want hemp products in WFS right now and I was able to get it approved to sell on Walmart. But it's been quite a challenging process so I'll go more into details about it. But the good news is we can sell seller fulfilled, just not WFS. So there is hope for any of you who are having an issue to get around that and do seller fulfilled if possible.
Carrie Miller:
Okay, so the next question is some of my products are not approved to sell via Walmart WFS but they are approved for seller fulfilled. So this is kind of similar to what I was just talking about in regards to the hemp. Is there any special program that I can apply for to get these hazmat products approved for WFS? And it says Amazon has something similar and we are part of the Amazon hazmat program. So the answer was that internally, wfs has recently actually launched an updated prohibited items handling solution across their fulfillment network, which this is actually very new. So, depending on the category, prohibited items are handled in three different teams under the specialty compliance organization hazmat, food safety and non-chemical hazmat. So this is going to hopefully help reduce the time where these products are actually just stuck and unable to be fulfilled with WFS. So definitely inquire about those if you're writing a ticket to kind of be directed to those teams and hopefully we can get some progress on some of those Cause. I know I've seen quite a few questions about this, so I would definitely want to continue to try to get you all more answers about this. So that's the amount of information I have right now. So keep messaging me on Facebook or sending those questions in on the Facebook group winning with Walmart, so that we can help you get those questions answered.
Carrie Miller:
The next one is my account was denied. What can I do to get approved after I was initially denied? So sometimes well, actually most of the time they don't provide a reason, but there's soft denials and then you can do an appeals process and then there's like termination, which is much harder. So you'll have to kind of usually I think sellcord.co. They are an agency. They have helped a lot of people who have been kind of denied. You can reach out to them. That's kind of the best answer I have. Or you can kind of reach out yourself, but I would kind of suggest contacting somebody who's really good at this, and I do believe SellCord does do a good job of helping people get their accounts. You know out of that status. So if you have had that issue, I would say contact sellcord.co. And that also includes you know if your account is suspended or termination is very hard. So you will definitely need you know, inside access. So I would definitely recommend contacting SellCord for that as well.
Carrie Miller:
What is Walmart doing to attract more customers to their online marketplace? And so this is a great question and I can definitely answer that they are doing quite a bit. So they have Walmart Plus, which is kind of like Prime, and if you go into the stores they have it advertised everywhere. They're giving discounts on gas, they're giving discounts on just all a bunch of different things within the Walmart programs, like just in store discounts and also delivery and groceries. You get those for free. So they're really pushing for, you know, just getting more customers into Walmart Plus. Now I also saw when I was looking at applying for an American Express Platinum card, that they have a free opportunity for free Walmart Plus If you have that card. So if any of you have that American Express Platinum card, you get free Walmart Plus. So something else to it's basically like a free Prime membership. So I definitely recommend taking advantage of it. But they're doing things like that to really increase the customer reach. Also, if you notice and I've talked about this in other presentations I've done they are doing a lot of external traffic through Google Shopping and they're also doing Bing Shopping. So you'll see your Walmart products show up in Google Shopping and Bing Shopping without even doing any ads. So they are really doing a lot of work to try to drive traffic that way. So hopefully that answers that question. So this might be college.
Carrie Miller:
This is another question from somebody. This might be common knowledge. But what are the best performing aspect ratios for images on Walmart? Should mean image and secondary images be the same aspect ratios? Is the answer category dependent, and there is definitely some. There are some differences on the different categories. So I would recommend that you go into the Walmart guides and you can look for image guidelines and you're going to be able to find exactly what the image guidelines are for your category. So go ahead and check those out.
Carrie Miller:
The next question I would like to know why the payment schedule for reporting is every two weeks and then why it sometimes I have to wait a third or fourth week. Now I've seen this question quite a bit in the groups and I don't know exactly what's happening, but it's just a common thread, like I've seen it quite a bit. So if you, if you've had this, you can put it in the in the chat or the comments, because I'd love to know. But basically, the payment should be every two weeks, but something if you're not getting it every two weeks, it should. It's probably an error and I think you should open up a support ticket to see what's going on with that, because that shouldn't be happening. So make sure you kind of figure out what the problem is so that it doesn't continue on. So that's what I would recommend. I don't think that that's part of the process. So it is supposed to be every two weeks. I have confirmed that. So take a look at that. And, yeah, just go into the support and ask what's going on with your particular account. And personally, I did see this actually happen, so it did get fixed. Additionally, when see when removing, when doing removal orders, when it shows on the payment summary, can we get a detail of what the removal order consisted of? So if you want to understand what the removal order maybe consisted of, you can go to the WFS dashboard and that will give you a breakdown and it's going to highlight what was in the removal order.
Carrie Miller:
Okay, so next one is it possible to allow for multiple SKUs to the same UPC code? Amazon allows this, albeit in one UPC code to one ASIN. So no, this is definitely no. Walmart uses UPCs as their unique identifiers for products. So you cannot have multiple SKUs associated with the same UPC, otherwise you're going to get a lot of errors. So this is really important to make sure you have you own your UPCs and then also that you have an individual UPC for each product. I know back in the day in Amazon you were buying second. You know basically barcodes from other you know third parties because they were more expensive but you can buy individual barcodes from GS1. And I highly recommend doing that to show that you own the UPC codes. Because if you do have somebody hijacking your listing or taking over the content, you can prove with owning UPC code as well as your trademark, that you own that product and the listing so you can get it back. I had a problem with this because one of our products for our Project X did not have a UPC code that was GS1 registered. It was kind of a bot as a third party thing a long time ago and I was unable to get that content back. So it was really kind of frustrating. So I know this from firsthand experience my own business.
Carrie Miller:
I've always had UPCs for each product because you want to kind of think when you're starting out with these products with the end in mind and growing your brand and business. Each product should have a UPC. We've always been wanting to know if Walmart has a honeymoon period similar to Amazon. Now I haven't had an answer to this. I do not think that it's as intense as it is on Amazon. So what I would recommend is to do your best to optimize start ads. Do whatever you do for Amazon on Walmart and I think that you will be successful.
Carrie Miller:
The thing about all of this is I noticed people. What they do is they'll open up and start a listing on Walmart and literally just copy and paste what they have on Amazon and they're not doing Walmart PPC or anything like that to help promote their product and they're like why am I not making any sales? Well, you would never launch on Amazon without doing PPC or optimizing for Amazon. Walmart has different guidelines to optimize their listings. So you know, make sure to follow those guidelines and I think that you'll be pleasantly surprised. The next one is what advice do you have to third party sellers to help them compete against first party brands on Walmart? So the answer to this is Walmart really isn't viewing the two as competitive against each other, but they recommend that you find kind of holes where first party sellers are not really, you know, filling in the gap and finding opportunities on Walmart where you can provide products that are not available via 1P.
Carrie Miller:
When I've gotten a comp error, it feels impossible to get help for this. What is the best way to solve issues dealing with comp errors and how can we find out what the error is so that we can fix it? So then the comp errors are very difficult, I will say, and sometimes what they're saying is that you can actually go into the item report and check the columns. When you upload via flat file or anything like that, you can check the columns, the life cycle status, and then it's going to say published, unpublished or system error, and then on the adjacent column for the, it's going to have an error code and it's going to say things like enhanced vetting, IP infringement, shipping or etc. And you can open up a ticket to get help with this. But in my experience I've noticed that it's usually a pesticide word like antibacterial, antimicrobial. So if you make sure that you don't use any of those illegal words that are, you know, banned on Amazon, then you should be fine, and usually if you kind of delete your listing and rewrite it again. Without those words it'll come up within 15 minutes. So that's been my experience with that.
Carrie Miller:
So another question here is when some someone first starts selling on Walmart, what can they do to get their products ranked? Is it all based on clicks and sales or is there a lot more weight given to the listing quality score? So they did. You know Walmart doesn't really give me a lot of information about ranking, but I do know, for example, if you get a high listing quality score, that does help with your ranking. So make sure you fill in all those attributes in the back end. You know you enroll in WFS, you have reviews to start out with, get your listing quality score 90% or above, and I think that that will definitely help you. You also want to start running pay-per-click advertising to get some sales and I think you'll start to see yourself ranking as that goes. But in terms of like you know state, you know something that they actually say. It's really quite challenging to really say.
Carrie Miller:
And then the pro seller was another question. How can a seller become a pro seller and get the pro seller tag on their listing? So you want to make sure that your products are delivered on time. So I recommend using WFS because it takes care of most of the categories that are required for a pro seller. The thing about pro seller badges is you can actually filter on Walmart for pro seller so customers can say I want to only buy from a pro seller. And I noticed when I got the pro seller badge that I was starting to get more and more sales.
Carrie Miller:
So I will say it isn't an important thing. So you've got. You know, at least you've got an on time delivery rate of 95% or above in the last 90 days. You have less than 1.5% cancellation in the last 90 days. You have a really good seller response rate, higher than 95% in the last 30 days. And then basically it's, you know, fast delivery. And you also have to have over 250 orders in the last 90 days and you have to have at least been active for 90 days. So when you launch your products, you know, do your best to get those 250 orders and get those fast delivery times in and you can get the pro seller badge within 90 days. I think it's really, you know, worth it.
Carrie Miller:
So I would say WFS is probably the most important thing to make sure that you get that and yeah, so, and then the next thing is what? Will rich media eventually be free to Walmart sellers, like it is on Amazon? So there are some modules that are free, and that is the video and also the 360 image views. You can go into the help center and click on rich media. You can find it there. So otherwise, if you wanted to pay for some in the meantime, you can contact an agency and they can help you with that.
Carrie Miller:
So let's see if I have any questions. All right, Nelson, hello. Nelson says I'm a new to Walmart, in the process of onboarding and we already established our stores at Amazon. Is the procedures from Amazon to Walmart going to be similar when it comes to brand name products? If we are able to get wholesalers offline in our city to sell as branded products so we can sell online, are we still allowed to sell them? Yes, you are allowed to sell wholesale products on Walmart and I actually met at the Walmart conference quite a few sellers who have done very well selling wholesale products on Walmart. I think it's a lot less competitive right now in Walmart. So I highly recommend you get in there and start going for those, those products and, you know, make sure that you get in the game now? Great question. All right, let's see.
Carrie Miller:
It looks like I think someone was asking about tools for Walmart. Helium 10 has some incredible tools and I would recommend that you check those out. We have cerebral, which is our keyword research tool for Walmart. Another tool for Walmart called magnet it's another keyword research tool. We have x ray, which shows you sales volumes for Walmart it's our Chrome extension. We also have profits for one, one to help you, Walmart, to help you manage your profits. And we have our ranked tracker. And for pay per click advertising, we have add atomic for Walmart to help you manage your pay per click advertising. So we have all those great tools to help you and support you on your way to selling on Walmart.
Carrie Miller:
Also, if you're a helium 10 member, we have freedom to get Walmart where we should. We walk you through a to z on how to sell on Walmart, so that's available to you free if you are a helium 10 member. So check it out. If you haven't yet checked it out, alright, so it looks like I don't have any more questions, so hopefully, if that was very helpful, thank you to everyone who submitted their questions.
Carrie Miller:
For me to answer it was really, you know took a little while to get the answers to some of those questions and maybe some of them. I still need to do a little more research and hopefully maybe digging to get some more details on some of those answers, but hopefully that helps you in the meantime, and if you have any questions, join our group. Helium 10 Winning with Walmart. All you have to really do is search in the Facebook groups Helium 10 Winning with Walmart and you can join our Facebook group and ask questions there. You can tag me, you have questions, or other sellers are in there answering questions as well, so love to see you there and we will see you then. Have a great rest of the day. | |||
| #500 - Maldives Honeymoon Amazon Launch Strategy + New Amazon Relevancy Strategy | 14 Oct 2023 | 00:45:05 | |
Ever wondered how to make the most of the 'Honeymoon' period when you first start selling on Amazon? Or how to get people to organically search, find, and buy a product without breaking Amazon's terms of service? Tune in to the latest episode of Serious Sellers Podcast, as our host, Bradley Sutton, unveils the intricacies and updates to the Maldives Honeymoon Launch Strategy, along with his prelaunch plan, the Bali Blast Strategy. He shares effective ways to use PPC to catapult your product to the top of the search, and how to utilize Helium 10’s Keyword Tracker tool and boost to gauge your bid's success. We'll discuss strategies for attracting customers to a product with no reviews, and you'll discover how to use tools like Helium 10 Audience and the CPR number to monitor and increase your orders. The episode also sheds light on SEO and its relationship with Amazon listings. You'll find out why a simple listing score formula isn't sufficient to rank on Amazon, and why optimizing your listing for Amazon customers, as well as its algorithm, is pivotal. Let’s dive into the evolution of Amazon's algorithm over the years, and why sprinkling specific keywords a certain number of times isn't as effective as it once was. To top it all off, we'll explore how developing a tool with a potent listing score creator, like a “Surfer SEO for Amazon listings” can guide you in optimizing your listing and the importance of testing your strategies. Buckle up for an episode packed with valuable insights!
In episode 500 of the Serious Sellers Podcast, Bradley talks about:
► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript
Bradley Sutton:
Today's episode 500 of the Serious Sellers Podcast, and we're doing it live right here from the Maldives, as usual, because we're gonna go into the Maldives Honeymoon Launch Strategy and some of the new twists and turns that have come up because of the test I've been doing. How cool is that? Pretty cool, I think. Two, three, four, music you want to know what keywords are driving the most sales for listings on Amazon. To do that, you need to know what highly searched for keywords the product is ranking for, maybe at the top of page one. You can actually find that out in seconds by using Helium 10's Keyword Research tool, Cerebro. Now, that's just one of the many, many functions that make this tool my favorite tool in the whole suite, and it's the most powerful keyword research tool ever created for e-commerce sellers. For more information, go to h10.me/cerebro. H10.me/cerebro. Don't forget to use the Serious Delors podcast discount coupon, SSP10.
Bradley Sutton:
Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world and, as you guys can see here. I am back here in the Maldives, Waldorf Astoria. The place that started all the way back in episode 200 was when I first started filming out here the Maldives Honeymoon launch strategies, and then every 50 episodes we'd come out here 250, 300, 350, 400. I actually skipped 450, but so this is the first time back in the Maldives since episode 400. But the Maldives Honeymoon strategy is just a strategy. I just made a funny name to it so that we can try and get the most out of what we call the Honeymoon period, when we just get started selling on Amazon for a certain product, and so we're going to dive into it and what's the latest here on this strategy. So make sure to stay to the end, because we've got some new things I'm going to be talking about today. But just some background again.
Bradley Sutton:
Honeymoon period what is it? Well, the Honeymoon period is that's not a term that I came up with. That's a term that relates to the first few weeks, the first couple months sometimes, of a listing where you get more bang for the buck. It basically refers to how, if you have a four or five year old listing and you do a couple PPC sales for a keyword, not much is going to happen, right, but if you have a brand new listing sometimes just changing the title, sometimes just changing a keyword here or there, sometimes just getting one sale on a keyword, sometimes just getting a few sales on a high volume keyword It'll start moving you around on the organic side. Big fluctuations might happen on your PPC on a positive way. And we call this the Honeymoon period. This is not an official Amazon term, but it refers to the fact that when you are selling a new item, especially one that doesn't have much history, what happens sometimes is that Amazon doesn't have enough data to kind of know what you're relevant for, and so any little micro actions where on a more mature listing is not going to have much of an effect because Amazon's got so much data and so many clicks and so many things to kind of measure and understand what it's relevant for. Those micro actions on a newer listing where Amazon's just trying to figure out what is this product going to be good for, it has a lot bigger effect on it. So we call that the Honeymoon period.
Bradley Sutton:
All right, now what I started doing, like five, six years ago, is I launched a lot of product. By the way, I've launched over 500 products now, but even more than four years ago I had launched over 400 products and what I found was I always was experimenting. I found, like these, certain micro actions as I just made up that term now for myself I guess, these micro actions that could help me get even more out of the Honeymoon period, that would help me get off on the right foot. You know, just like you know, honeymoon is for a wedding, right? You want to get off on the right foot, and so then I was like, okay, what am I going to call this? I'm like I'm going to call this the Maldives Honeymoon effect, because these actions have a lot bigger impact, even more than just, you know, what we normally would see on the Honeymoon period. And so that's why I just went ahead and named it this thing, and I came here to the Maldives here to record it. So what is the latest with the Maldives Honeymoon method?
Bradley Sutton:
Well, we're going to go into some different strategies here, but let's do a recap. A lot of these methods is actually in prelaunch, and in prelaunch I made a new name for it. You know we call it the Bolly Blast. So I'm not going to go too, too in depth. But if you want to have a Bolly Blast, you know prelaunch these are the steps that leads the Maldives Honeymoon launch. Check out episodes 466 and 467. If I'm not mistaken, it's a part one and part two about all the things you need to do to get your listing ready. So h10.me forward, slash 466 or 467. You can also search that up on YouTube on our Helium 10 channel and in there I think I have like a 47 step process that happens before you even launch the product. Let's just review some of those you know. Again, those are two hours of episodes you need to go back and like listen to to get the full details.
Bradley Sutton:
But in a nutshell, you know it starts at the product research stage, right, picking products that potentially have lower title density. Title density is something that we have exclusively at Helium 10, which measures the number of listings on page one that have a certain keyword in phrase form in the title. So when I say certain keywords, the searched keyword. So, for example, if the keyword is coffin shelf and you see in Helium 10 that the title density is seven, that means that the last time Helium 10 check, there are seven listings on page one that have that keyword in exact phrase match in the title. All right, if you have a listing or a keyword that has title density of 40, that means there's 40 listings that have that exact keyword in the title and that means it's going to be a little bit harder to rank on that page because Amazon algorithm, you know, heavies or favors heavily the title as far as what a listing is relevant for. So it doesn't mean, you know, you can't launch against a keyword that were a title entity it's 40. It just means that, hey, it's going to be a little bit more of an uphill battle where sometimes you have a lower title density and Amazon thinks you're relevant. And, by the way, guys, I'm going to drop some bombs here about how you can know what Amazon is relevant or what's relevant to Amazon. But anyways, if you have a lower title density sometimes it's going to be a lot easier to rank. Sometimes even from day one you can be on page one potentially.
Bradley Sutton:
So that's one of the things we talk about in the Bali Blast method and then other things is about. That has to do with the keyword research, understanding where Amazon puts relevance as far as things that are in your listing, as far as keywords go from the title to the bullet points, and so we talked about getting all of the keywords that your competitors are ranking for, your direct competitors or the keywords that they're ranking highly for. We talk about getting opportunity keywords finding the keywords that maybe only one of your competitors ranking for, and that means you're going to be able to potentially rank for that keyword when you're only competing with one of your competitors, as opposed to five or six of your competitors. There are other keyword research strategies we talked about, such as trying to find complementary products. So these are all. Again, we're talking about pre-launch right now.
Bradley Sutton:
How do you put the right keywords in your listing Complementary products? But basically that means maybe you see your competitors have a frequently bought together type of product. For example, if you're selling a coffin shelf or your competitors are selling a coffin shelf, maybe you see in frequently bought together, which you can find in Helium 10 Blackbox, a history of other coffin shelves being bought with a coffin letterboard Right. Well, part of the Maldives Honeymoon strategy is that you want to get index for some of the main keywords from those coffin letterboards if you have a coffin shelf. So if you see that for these coffin letterboards, these five coffin letterboards. One of the top keywords is coffin letterboard and another one is Halloween display or something like that. So those top keywords from those coffin letterboards, even though they might not be directly relevant to your coffin shelf, you're going to want to get index for those listings and then from day one, you're going to be able to target those in product targeting, ppc, and then also you'll get a little bit more breadth, some width to what you're going to be showing up for, especially in broad campaigns and auto campaigns. So that's another strategy to use too. It's also a strategy to get index for forbidden keywords. Like, maybe you're related to an adult product or a drug related product. You can't put adult related products or keywords in your listing or drug related or other forbidden keywords. Well, if you make yourself relevant to the non-forbidden keywords and you're listening by sticking them in there, you potentially could get index for those forbidden keywords just because Amazon deems you as relevant. So that was another strategy we talked about in the Bali BLAST method.
Bradley Sutton:
Now, originally in the original Maldives Honeymoon strategy, when you're launched, we talked about using search, find by and two step URLs and things of that nature. Now that's no longer something that Amazon really wants you to start doing. And it's actually interesting. I was looking at the terms of service and it doesn't mention anymore the two step URLs. But it does talk about trying to manipulate your keyword search rank in the code of conduct. And that was a different change a couple of years ago where Amazon started specifying that they don't want you trying to do those kind of URLs and things to manipulate what it says the search rank, keyword rank. Before then we always would talk about, hey, doing search find by doing two step URLs, things like that, because in the Amazon terms of service it only talked about manipulating your sales rank, like your BSR. So then Amazon kind of cracked down on the keywords too. So that really changed the Maldives Honeymoon method. We do not suggest anymore getting friends and family or using services that are going to go out and get 40 people to search, find and buy your product with a keyword. That's pretty explicitly against Amazon terms of service. Now it wasn't before. People are trying to say, oh, it's always been against service. No, it hasn't, which is why Amazon changed it to make it against terms of service later.
Bradley Sutton:
So how did we change the Maldives Honeymoon launch strategy then when we couldn't use services like AZ rank or rank bell back in the day. So how can you get ranked for keywords right away? Well, we changed the Maldives Honeymoon method to be strictly PPC, so the whole theory is still the same. You need people to search, find and buy your products after searching for a certain keyword, and the more people that do that, that's what's going to get you ranked on page one. But when you have a brand new listing, how do you get on page one? How do you get people to even see your listing? You know, the old way was just doing search, find, buy, right, you know, getting two-step URLs, having a service send people to an exact keyword and they find you're listing on page six or seven and then they'll go ahead and buy it and then they'll move you up. But you can't do that anymore. So what we talked about, I think starting in like episode 300 or 350, was do the same thing with PPC.
Bradley Sutton:
So how do you get people to organically search, find, buy without breaking Amazon terms of service, you know, without using an outside service, without using friends and family, et cetera? Well, you got to think what is going to make somebody, if they happen to see your product, buy it, no matter what. Well, the first thing is what's going to make somebody see your product if you're not using outside service? The answer is easy it's PPC. So you've got to find the PPC bid that is going to get you to the top of search. You could do a top of search modifier in your PPC or you can just up your bid, you know, and do a fixed bid or down only bid, that's at a high, what you think is going to get you top of search, naturally, and then just make that the bid. Now how you know if you're getting that is you put your keyword to keyword tracker. After you put a bid of like $3, just say $3 on the keyword coffin shelf, I put coffin shelf into my keyword tracker and then what I do is put my keyword tracker on boost. Boost is something that checks it 24 times a day and now within an hour or two, I'm going to see a couple different spots on where I'm showing up randomly in the search results and different browsing scenarios and different locations. And then if I'm like ranked one, two or three, I'm good to go. If I'm ranked like eight or nine or below or something that probably I'm going to need to raise my bid to try and get my rank high. So, anyways, that's step one.
Bradley Sutton:
But if you have a brand new product and has zero reviews, obviously you know how do you get people to buy your product. Right, with the old old days again, search, find, buy you're using these outside services. They were getting incentivized to buy the products like, hey, you get the product for free, basically, all right. Now, now we can't do that anymore. So what is the incentive, I guess you could say, for somebody to buy a product that has no reviews, that they've never maybe heard of the brand? How do you get them to go ahead and purchase your product?
Bradley Sutton:
Well, the answer is by choosing a price point that makes them buy the product you know like no matter what. So that price point is different for every product. For example, if coffin shelves are all costing, or retail price, $25. So what you want to do is think what price point is somebody going to see this with? Like man, this is an incredible deal. You know, here's this other listing that has a thousand reviews, a lot of social proof. But I'm going to go ahead and get this other one. Well, maybe that price is $13, you know, 50% off? Are you going to make money at 50% off? No, you're not. But the whole point is, you know like you used to have to pay to get orders in the beginning to get that momentum and to get that sales velocity and search velocity, so you were paying money anyway. So to me this is a good investment. So you know you choose whatever that price is of where, when your competitors will buy that product.
Bradley Sutton:
And one way that you can, you know, do some product research. If you don't have, like Facebook groups where there's a community that's around coffin shelves and you could like do a quick free poll and they're asking them what price, or something like. Let's say, you don't have access to anything like that, use Helium 10 audience. All right, helium 10 audience it's a pay-per-use service inside of Helium 10, powered by Pikfu, where you can go and choose your target market. Like, let's say, your target demographic is females from the age of 18 to 30, who are prime members. You can actually choose that target market in Helium 10 audience and then just find 50 of them and within like three hours you'll have the answer to questions like hey, at what price point would you go ahead and buy this product even though it had zero reviews, and compared to and you can even have the other products there, even though the other products had a thousand reviews, and you would have pictures of it. So then you're able to see, you know, maybe, what price point somebody would buy that from your target market.
Bradley Sutton:
Or you can just guess. You know, I don't like guessing, you know all the time. So I like to go ahead and, you know, actually get some information. So once you've got that, then you go ahead and launch with that PPC and then in Helium 10, there's something called the CPR number. All right, the CPR number in Helium 10 tells you approximately how many orders over eight days eight to 10 days, I should say where it gives you. If you, if people, if that number of people search, find and buy your product, it gives you the best chance. Doesn't give you a guaranteed chance, but it gives you the best chance to get to page one of a certain keyword. All right, and so that's basically what I've been doing for the last two years. A lot of people have been doing this as well. You know, literally thousands of people are using this technique in order to to get to page one.
Bradley Sutton:
You monitor how many orders you're getting each day with the CPR number. So, like, let's say, the CPR number is 100. I like ramping up my order. So if the CPR is 100, I don't want to just divide that by eight or 10 and say, all right, I need 10 per day or 11 per day. No, what I like to do is I like to make it look organic. I like to start off slow, maybe day one, and get two or three. So the way I know is that, you know, I'm checking my, my PPC reports in real time and if I get two clicks and purchases on a certain keyword, I actually pause that target so that I don't get more. All right, I kind of want to like make it look a little bit more or organic and then the next day I started again and try and get maybe six or seven orders. Next day I try and get 11 or 12 orders until I can, you know, hit that CPR number and then go back and I'm going to check where am I ranking? Did it help my organic ranking?
Bradley Sutton:
Now it's important that again, when I said that you're you're choosing a, a cheaper price point, you don't put your list price or your regular price at this cheap price. No, because the problem is, if you do that, you might end up not being able to raise your price in the future. So when you choose, like, let's say you choose a $15 price point for your $25 coffin shelf, well, I'm going to make that a sale price or I'm going to make it a coupon discount, like, so maybe I'll put the price at $25, but then I'll put a, you know, 40% off coupon in order to hit that, that price point. All right. So again, don't put your regular price at that. And again, back in the Bali blast method, I had other tricks and tips about how to get, like, strike through pricing. So again, 466 and 467, make sure to check those episodes to see how to get you know, special strike through pricing and things like that. But but that's.
Bradley Sutton:
You know, in a nutshell, what the Maldives honeymoon strategy has always been, you know is is launching on five to 10 keywords. One other trick we usually do is hey, in the Maldives honeymoon strategy, don't just choose five or 10 completely different keywords like coffin shelf, gothic decor, spooky bedroom, mysterious oddities and Halloween, scary things Like. Do you notice the difference in those keywords? They're all completely different. They don't share keywords. What you try and do is find the embedded keywords that you can launch in groups, all right. So when you're doing your research in helium 10, you're going to find groups of keywords that have very similar roots. You know, like coffin shelf, gothic coffin shelf, gothic coffin shelf for bedroom. You know there's like six, seven keywords in there. You know coffin shelf for bedroom is also a keyword. So what you do is you try and launch all of those keywords at the same time, so they're all sending those relevancy signals for that root keyword to Amazon. All right. So there's another strategy that we use in choosing the keywords.
Bradley Sutton:
Again, that's mentioned in the Bolly Blast Now. Here's the thing here. Now let's talk about some new stuff. All right, that's just kind of like a recap of the OG Maldives honeymoon strategy and Bolly Blast strategy. What is new for 2023, 2024? And I'm going to go out on a limb and I'm going to say something controversial, and that is I almost recommend doing a test listing if you're in any kind of a newer niche. All right, literally doing a test listing first, and you could potentially even do this for more established niche, all right. So that's the end game of what I'm about. That's the controversial thing that I'm launching now with this Maldives Honeymoon Strategy. Let's take a few steps back to explain why I'm suggesting this and what has changed on Amazon in the algorithm. Let's take even three steps back before there.
Bradley Sutton:
Listing optimization is important. All right, how you have the keywords, how many times you have it in your listing, where you have it. It's important, you know, to really send those relevancy signals. However, it is not as important as it was in the older days. Let me just tell you right that right now and it's also not a foolproof way to get ranking All right, do not use some kind of like formula where I'm going to use this keyword this many times and here and here and then, that's equal success. No, all right, if anybody tells you that that is incorrect.
Bradley Sutton:
People like using, like listing scores you know, like people have been, who have been using Helium 10 for years, have done something kind of like rudimentary, where you know they take what we teach them and say, all right, hey, I know I have to have. This keyword is my most important keyword and it needs to be in my title and in one bullet point and in one search terms. And I'm going to give myself three points to have that. And and then I'm going to give myself one point for this. You know, people I kind of do that myself. Like it helps me to kind of like know where my, my keywords are.
Bradley Sutton:
And people have asked, you know, helium 10 for probably like three or four years now to do some kind of like listing score, where we take an algorithm and assign points to it, right, and in the past we've always said nah, like I'm not sure how valuable that will be. But, but recently, you know, I started writing blogs again. Maybe you guys are watching seeing some of my blogs at Helium 10.com forward slash blog. But you know, seo is an important part of a company like Helium 10 and any company like that. So when we write SEO blogs, we're trying to rank for keywords in Google and Bing, right, it's kind of similar to making a listing for Amazon.
Bradley Sutton:
It's not just let's randomly put together some words and make some something interesting. It could be the most interesting blog in the world, but if it doesn't have the right keywords in the right places and the right number of times, you're not going to get seen. So we we've been using, you know, for the last like year, this tool called things like surfer SEO or something like that it's called and like it gives you all the important keywords and then it tells you how many times you need to write it and like where, and then it gives you a score based on if you've optimized your listing around those keywords. I'm like, hey, this is kind of like a cool idea. You know, maybe we can do this for Amazon. You know sellers because you know people have kind of like been asking for something similar to this, and so you know this might be a way to help guide people to, to kind of know how strong their listing is as far as best practices. But here's the key Again, even though Helium 10 is working on something like that, once that comes out, don't just think that's all you need, that you know what.
Bradley Sutton:
All you need in order to rank is to know how many which keywords there are, how many times you put it in your listing and in what places, and try and get some high score Is a high score. You know, using this algorithm important to send relevancy signals to Amazon. Of course it's important, otherwise you wouldn't even be working on it. You know it's just a general truth in SEO, but the Amazon algorithm is so advanced these days, it is not enough just to have some kind of mathematical formula. And of course, it goes without saying you have to optimize your listing for an Amazon buyer, all right, which no algorithm can measure, all right. So I'm not even going to talk about the strategies there. But obviously you need to make sure your listing is attractive to a human being, right? All right, so that's a separate conversation about. You know how to do that. We've done podcasts about, about how to do that and really be able to connect on an emotional level to sellers.
Bradley Sutton:
But what about the algorithm? Like, why am I saying that just having a score is not going to be enough? Well, first of all, amazon algorithm does not work on a certain score. It's not like Amazon is scoring your listing as far as all right, it has this keyword four times, it's got to this root word three times and they've got this in the bullet point here in the title, and so it's always going to, you know, have some kind of formula that Amazon scores it and then that's how it deems you as fully relevant for all time. No, that's not the way Amazon works. Back in the old days, in the beginning, amazon did work a little bit more like that, you really could control how you know relevant you were to Amazon. You know, because the Amazon algorithm was not as as developed and I say this not, trust me, guys, I am. I do not have any secret access to the Amazon. I have contacts at Amazon who developed the algorithm and and develop tools like brand analytics and things like that. That does not make me some kind of special. You know, savant as to what the Amazon algorithm, helium 10, no other tool out there, no other guru out there knows what is going on with the Amazon algorithm.
Bradley Sutton:
People speculate, you know. They'll say, oh, I read this scientific paper. You know we've read all the scientific papers. You probably heard a couple episodes ago or you know we went deep into that. But at the end of the day, nobody really knows. Everybody's just speculating, which is fine. There's nothing wrong with speculating.
Bradley Sutton:
I speculate too, but what I like to do is I like to speculate based on tests and that's all I do. That's why I run Amazon accounts. I'm not trying to make money Nowadays. I'm trying to make a little bit more money in my Amazon accounts because that's what I do to to to support my, my kids, who are employees of my, my Amazon company. So now I have to make a little bit more money than I did. But my main point in running Amazon businesses is I use them as like my playgrounds to like test what is and isn't working with the algorithm.
Bradley Sutton:
Because, again, amazon doesn't make its algorithm public. The only way we kind of know how it works is by seeing what happens when we do things on Amazon and then just like measuring the results. But no matter what we do, again get it in your mind, guys there is no exact formula, and anybody who says there's an exact formula to rank on Amazon like an exact keyword the same time, every other time they're full of nonsense. All right, you know, even the helium 10 CPR numbers. Like we've always said, it gives you the best chance, but it doesn't give you a guaranteed chance. You know, every time it's based on a lot of trial and error. You know, I did a one and a half year case study to come up with that CPR number, all right. So what have I found that is working with the Amazon algorithm now and why is it different?
Bradley Sutton:
All right, well, number one is that a kind of important metric in helium 10 that people overlook is now a super important metric. All right, and what metric is that? It is Amazon recommended rank. All right, that is a name that we kind of made up, but it actually comes from an actual data point in Amazon. It's one of the things I'm very proud about. You know, I've made up the Maldives honeymoon strategy and you know I don't invent a lot of things, but this is one of the things that I discovered about five years ago and back then, like five years ago, I was like, oh man, everybody's going to copy us and start showing this. Nobody ever came up with this. I'm sure somebody's going to show it now. You know somebody's going to try and figure out where this data point is and show it to people because it is super, super important. I'm just shocked nobody's copied us in the last five years since we had this.
Bradley Sutton:
But again, Amazon recommended rank is coming from Amazon, where it kind of like says hey for X product and Y keyword. We think Y keyword is kind of very relevant to this product, or not so relevant, or medium relevant, etc. Amazon has a scoring system for every single product and almost every single keyword, where at least the top 1000 keywords if the product has a lot of history, it will go ahead and say, score it as far as how relevant it thinks for advertising. And in the past it was never something I really talked about too much that everybody should have to do because it was mainly about advertising. But it was a great metric to have because it kind of gave you insight into at least how the Amazon advertising algorithm thought that you were relevant for a certain keyword, right, or in relation to a certain product. But now, guys, in the last six months and all the tests I've been doing with launching everything else, it is all of a sudden a super indicative Metric on how just Amazon search algorithm thinks you are relevant. All right.
Bradley Sutton:
So I did a couple of tests with, like this, coffin Bath tray. I use the helium 10 project X account. I use a couple you know friends accounts because I wanted to have like Different accounts and different products, different ASINs, to kind of like test my, my theories right. And so I chose coffin bath tray because this was something that didn't have a lot of history on Amazon. So this is especially geared towards you people who are are getting in these niches where they're not completely saturated, all right. So because of that.
Bradley Sutton:
Amazon doesn't have that much data in order to know from day one what you might be relevant for. You know it's different, like if you're gonna launch some collagen peptides. There is hundred collagen peptides who've been selling millions of dollars a month and you know hundreds of thousands of customers have bought collagen peptides and Amazon has tracked every click and how they interact with the listings. They've got so much data on exactly what is relevant to collagen peptides that from day one of a brand new collagen peptides listening, you're probably going to be able to, you know, to get relevant for the right keywords but in a newer niche is a little bit different. So, sure enough, when I first launched these two coffin bath trays, I did on separate accounts. I did it with separate kinds of listings, one like a more in-depth listing and and I use the best practices again, you know I use that, my own scoring system, even on how to get you know Like I put coffin bath tray, like you know, like four times in the listing and long tail versions of I did all the right things and and get this.
Bradley Sutton:
The key words that I was relevant for from day one Was not coffin bath tray. Alright, if I was looking at the Amazon recommended rank from day one on one of the products. Or again, I launched pretty much the same exact kind of product. It was just different kinds of listings in different accounts at the same time. So I could, you know cross cross, see the number one. There was only one keyword on one of them that it was relevant for. Like Amazon only recommended one keyword. It was bath. Bath tray was kind of crazy, right. One keyword, bath tray. No other keyword had it on Amazon recommended rank. By the way, when you use that in cerebro in helium 10 to get the Amazon recommended rank, you have a listing up for five minutes. We'll already have Amazon recommended rank. This is something we pull from Amazon in Real time.
Bradley Sutton:
And the other product that I launched it was actually relevant for like 40 keywords from day one and the top three was interesting was bathroom decor, wineglass and candle holder. Very interesting. Alright, bathroom decor was super generic Word wine glass, what you might be like. Why does it have wine glass? Well, this, this, this coffin bath tray. I had in the. I think I put in the title and you know I had in the description that it has a slot for a wine glass. Alright. And then I also put that I had a slot for a candle holder but Amazon thought that this was a wine glass in candle holder. So from day one I was not.
Bradley Sutton:
I couldn't really do the Maldives honeymoon launch because for coffin bath tray, I was indexed for it but Amazon didn't think I was relevant. It would not even show me in PPC for coffin bath tray when those was the number one, most important keyword. I was optimized everywhere for it. It had a low title density. There was hardly any competition for coffin bath tray two years ago. I would have been on page one instantly for this, but because Amazon couldn't figure out that this was a coffin bath tray, it would not give me any PPC impressions. Alright, that's crazy.
Bradley Sutton:
So then, what are some of the things I started doing? I started changing up the listing. I had it coffin tray and other keywords. I wasn't even indexing for more times. I had to special features. I was trying doing search terms. Things were not working. I would see little bits of movement, but it was not moving like it would in the old days.
Bradley Sutton:
And this is a listing again. I just barely started. I started it like so definitely in the honeymoon period. So what got me to get coffin bath tray to Amazon recommended rank number two on one and Amazon recommended rank number one. What it was was I did an old-school two-step URL alright, I did an old-school two-step URL. It was the field ASIN URL. Alright, I did a field ASIN two-step URL and then I got somebody to buy it. I think one of them I might have got you know, chevali to buy it, and then the other one. I went to AZ rank and I paid AZ rank to get somebody by it.
Bradley Sutton:
Now I know what you're saying. Wait, bradley, didn't you just talk about how that kind of stuff is is against Amazon terms of service. Now, I think there's gonna be different opinions on this, but I could not care less in this instant about Keyword ranking. I was not trying to increase the keyword rank at all. Alright, I didn't even look at what the keyword rank was. My point was I knew I was not relevant for it to Amazon and so I was trying to send a relevancy signal to Amazon. So it knows that, hey, this is something important and this is something that you can give me impressions for in PBC and I'll gladly pay for clicks. So, in my mind, my interpretation of Amazon terms of service. This is not against the terms of service, because I'm not trying to manipulate or affect Amazon keyword ranks. I'm just trying to get, I'm just trying to pay Amazon some money in PBC and and make sure that they know that I am Relevant for it. So what I did was I just I just did one order, one field ASIN, where somebody added it to the car and they they bought the product for with the keyword coffin bath tray in it and, guys, less than 12 hours later it not only was it not Amazon recommended rank at all, it went to number one. Amazon recommended rank on one of the products and number two on the other product. For the top, amazon recommended rank just with one.
Bradley Sutton:
Feel ASIN now, because Amazon said two-step URLs for ranking is not good anymore. We took those off of our helium 10 gems page. So you guys want to know a trick to do a two-step URL still with a keyword. Right, go to index checker in Helium 10, put your ASIN, put that keyword in there and, whether it says is index or not index, you'll see it has check marks and dashes or whatever. Right click on the dash or the check mark, alright, and then do copy URL. Alright, so that URL is a feel on the field ASIN one there's a, there's a, there's a field ASIN check, copy that URL, replace the keyword and the ASIN with yours. Or if that's exactly the keyword in the ASIN and that's the exact URL you can use in order to get somebody to buy your product with the field ASIN two-step URL, and then that should get you the impressions and it should send that relevancy.
Bradley Sutton:
So again, this might be a controversial thing. You know, I'm definitely. You know I have a good relationship with Amazon. I'm not gonna, I'm not gonna suggest something that is blatantly against Amazon terms of service. That's not how I roll, but you know, anything can change. I am like 99% sure this is not against Amazon terms of service Because, again, I am not trying to manipulate sales rank, I'm not trying to manipulate search rank. I'm just trying to let Amazon know that I am relevant for this keyword when on this new product.
Bradley Sutton:
So again, once that happened, once I did that one boom, I got to the very top of the search results in sponsored alright, I'm not talking to, you know, search rank and then I got some organic orders from sponsored and then that brought my organic rank up after just like two or three orders more that I got it got me to like the top of Page one for that keyword, just like the regular Maldives honeymoon strategy. It was very interesting to see because on August 2nd this is months ago this is one of the I do tests constantly, guys. So this one coffin tray you know this is just one. I'm just giving you, guys, one of the examples I've done. I'm looking here at my notes. On August 2nd, you know, the top 10 were keywords like bath tray, tray, decor, very generic keywords. It like he obvious Amazon couldn't figure it out. And then on 8, 4, 2 days later, every single one of the top 10 keywords on one of them was all had coffin in it. So finally I got Amazon, just without one order, to understand that, hey, I am relevant for coffin related keywords and in the other product it didn't show all coffins, that I didn't have coffin as many times. In listening again, listing optimization is still important for the, for the algorithm, but at least the number two keyword was coffin bath tray, and then a lot of the other keywords were were just generic. Now here's the thing, though. Here's a Again, I can do a podcast episode of just about the test. I mean I literally did like 75 tests and tweaks just in this case study alone for these two products.
Bradley Sutton:
Interestingly enough, before I started getting relevant for with the Amazon recommended rank for coffin bath tray, my number one Keyword on one of the products, like I said before, was bathroom decor. All right, very generic keyword, very high search volume, way higher than coffin bath tray. But because Amazon gave me a recommended rank of one which is not really from Amazon, amazon gives a score and then we translate the number one score into Amazon recommended rank one, because for bath bathroom decor, I Could actually target it in PPC and I was already ranking like on page five for this keyword. I didn't even get one sale for one at the cart one, nothing. And I was on page five for the super high volume search term, just because Amazon gave me a high recommended rank.
Bradley Sutton:
Now you might think, well, why didn't you double down on that? You know, Bradley white, you know, to me I couldn't care less about the word bathroom decor. You know, like I don't think that people who purchase or who search bathroom decor we're really going to buy, you know, a coffin shaped bath tray. But that just shows you again how today, in 2023 and 2024, this data point is super important and has wide reaching effects as far as how you or how Amazon thinks that you are relevant. So, at the end of the day, I had this product running for three months now and what I did was after the three months, and you know one.
Bradley Sutton:
My theory I wanted to test was well, is the Amazon algorithm trained All right now that I've been selling this coffin bath tray when nobody else was on these two accounts for three months? You know what, if I launch a new coffin bath tray, is Amazon, from day one, going to go ahead and understand now what this kind of product is? Because it has got this history and the answer is interesting. The answer is still no, not really. So I launched two products on two different accounts today. One of them I just made with the listing builder AI that we have that uses ChatGPT made a great listing, but it was optimized for the keywords that I knew were relevant. And the other one, I use the exact same 100% listing that I've had up for three months, thinking that, hey, now that Amazon recommended rank is very high for these products or for these keywords, well, it should know right away and copy that Amazon recommended rank. So here's what I found out on the very first one, the top three or four keywords that are Amazon recommended rank. On this brand new listing that I had really optimized for coffin bath tray, wine glass, charcuterie board, bathroom tray, wooden tray and bathroom caddy. So a little bit different than when I started off. On the other one, but again no coffin related keywords. So, even though it's you, I did everything right and optimizing my listings to make it somewhat relevant. At the end of the day that ASIN is still going to need me to run a field ASIN two step URL in order to let Amazon know that I am relevant for coffin tray.
Bradley Sutton:
On the other listing that was in Project X, where I copied the 100% same listing that's been up for three months, word for word. I changed like a couple, like just one or two words just to make sure it wasn't the exact same listing, so I should say 99%. Here is the top three keywords from Amazon recommended rank bathroom decor, wine glass and candle holder. Does that sound familiar to you? Exact top three keywords of when I started with that other product, even though now that same product has the number one keyword is coffin bath tray, which it should. So again, it shows listing optimization, guys, is not the end all be all. Having a perfectly optimized listing at times is not enough. It's more. It's probably going to help you more in established categories. But even though I've had this product selling for three months, amazon still needs more, a bigger bump in order to make sure that some of these niche keywords it knows that it's relevant for it. So the Amazon algorithm is not perfect. It was perfect. It would have known from day one that hey, this is a coffin bath tray. This other coffin bath tray has been getting sales from coffin bath tray, coffin bath caddy, you know coffin decor and all these keywords. This product is very similar. We're going to put it number one. All right, that's actually how I noted the Amazon algorithm work back in the day.
Bradley Sutton:
But this is a new year, a new Amazon algorithmic shift. I guess you could say where this is not. You know this strategy is not necessarily working anymore. You've got to send those relevancy signals to Amazon. So for now, you know my way of sending those relevancy signals is, and you shouldn't need this for every single keyword. Guys, don't get me wrong. I'm not saying go, go and every single one of your 10 launch keywords you're going to have to do a field as in two step URL. No, like, I think that Amazon probably wouldn't, you know, like that, because that almost would be considered manipulating sales rank, because you're getting all these sales that are not necessarily real orders. But if you find yourself having trouble getting relevant for a keyword because Amazon recommended a rank is off, try that out, get one or two orders, just try one at first for a field as in two step URL in order to send those relevancy signals and then the next day, wait 24 hours, run it again.
Bradley Sutton:
And this is why I said that kind of like off the wall thing earlier where I'm now suggesting that you might want to always do a test listing. Now, all right, I didn't say that before you know. I said do kind of test listing so you can, so that you can know what kind of exposure you're going to get on PPC to validate some, some theories you have. When there's not enough information from existing competitors, you know you might want to make sure that you validate your idea with a test listing. But now, guys, I'm saying, if you're selling in a newer niche, especially and maybe sometimes, even if you're an established niche, it might be worth it to spend you know 50 bucks and get another UPC code and just do a fulfill by merchant listing, send a couple of or have a couple of units available and have your listing that you want to go with and then see immediately what does Amazon think that you're relevant for right. And then if you're completely fine with this listing and you have the right keywords for Amazon recommended rank from day one, all right, well, you're good to go. That means go ahead and launch your regular product once you're ready and you can have that exact listing, knowing that from day one you might have that.
Bradley Sutton:
But if you're like me and you have to do like 40 tests or something to try and figure out, how do I make Amazon think I'm relevant for this important keyword? Well, you don't want to be doing that on a live listing when you're trying to like get you know, make advantage of your honeymoon period. So what the best thing to do might be to spend a few bucks and try a field ASIN, two step URL to see if that helps your Amazon recommended rank, to see if that helps you get those PPC impressions that you're going to need to do the Maldives honeymoon strategy from day one and then, once you figure out what works on this test listing, now you can start over again once your inventory comes in, or you can, you know, maybe your inventory is already there and now you can start off on the right foot so that you know from day one I'm going to send this field two step URL, you know, to go ahead and get this order or to get to get relevant for this keyword or maybe something you maybe have to optimize your listing in a different way. Again, like I said, listing optimization is important. Sometimes it can help. It can definitely help you by by doing things differently. But instead of trying to do all this trial and error on a live listing, when you're trying to you know, get your, you know, get your sales and everything do it like on a test listing first. That's what I did for this coffin tray and that's what I'm going to do for any probably the next few of my launches, or I've been doing it on some of my launches and it's going to be doing what I'm going to be doing, going forward on some of my launches. So, guys, let me know what you think, but this is the Maldives honeymoon strategy, like version four, 4.0, a lot of it's the same, but there's some new things that are different here.
Bradley Sutton:
But the very important that you guys know your Amazon recommended rank and especially if any of you guys have issues ranking for keywords or getting sales or getting impressions in PPC, just run your listing through Cerebro and check what that Amazon recommended rank is All right. So, number one again that means that's the keyword that Amazon thinks you're most relevant for, all right. Number 20, that means Amazon thinks you're 20th relevant, all right. The coffin shelf is a great example. The old coffin shelf seems to be completely locked in at a low Amazon recommended rank. Our Project X coffin shelf is like rank 25. For that you guys can see that yourself. Anybody can run the Helium 10 coffin shelf in Cerebro and you can see what the Amazon recommended rank is Right and it's not high. And that's why we're not ranking high organically. I don't know what happens, you know, like a shadow ban or whatever. I don't want to try and speculate on that, but in even in that case, this Amazon recommended rank is highly indicative of what's happening on the organic side. So, guys, I hope this helps. Let me know how it works when you guys try these strategies out, and especially, even if you have a more mature listening, let me know in the comments below what does it say for your Amazon recommended rank, the one that you've been struggling with? Let me know, and let me know how you fix it.
Bradley Sutton:
I'm not sure when I'm going to come to the Maldives next. You know, 500 was kind of like all right, I'm going to keep going until 500. So maybe if there's going to be a new strategy I need to come up with, I'll have another reason to come out, to come out here. This is my favorite place in the world the Waldorf Astoria. They always take care of me really well. If you guys make sure to you know, if you want to know how I afford this place, it's like $2,500 a night. Check out my travel hacking episode. Just look at up. You know Sirius Sellers podcast, travel Hacking. You'll find that episode and then you can see how I am able to get to this place without having to pay money or ask helium 10 for money for it. But anyways, guys, hope you enjoyed this episode and here's to another 500 episodes. Bye-bye now. | |||
| Helium 10 Buzz 10/12/23: Amazon Big Deal Days | Generic Listing Protection | New Buy Again Button | 12 Oct 2023 | 00:12:19 | |
We’re back with another episode of the Weekly Buzz with Helium 10’s Brand Evangelist, Shivali Patel. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from, and provide a training tip for the week. Prime Big Deal Days: Everything you need to know about Amazon's 48-hour shopping event https://www.aboutamazon.com/news/retail/amazon-prime-big-deal-days-faq Amazon has reportedly tested a “Buy Again” feature to entice shoppers into repeat purchases. The company has placed the new feature in a tab on the “most prized real estate” on its app home page. https://www.pymnts.com/news/ecommerce/2023/amazon-wants-to-get-cautious-consumers-to-buy-again/ American consumers are taking their foot off the spending pedal as bargain prices become rarer, former Walmart U.S. CEO says https://finance.yahoo.com/news/american-consumers-taking-foot-off-102620170.html In the second part of our episode, we turn our attention to the world of competitor monitoring. Carrie Miller shows us how to stay ahead of the competition with Helium10's Insights Dashboard Competitors Tab feature, which allows you to easily monitor your competitors in seconds. Get ready to pocket some incredible news stories, strategies, and insights that are going to keep you ahead in the E-commerce game!
In this episode of the Weekly Buzz by Helium 10, Shivali covers:
► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript Shivali Patel: New certifications for the Climate Pledge-Friendling program, brand protection with generic product listings, a buy again button for your consumers and an incoming shift in consumer habits. This and more on this week's episode of the Weekly Buzz.
Bradley Sutton: How cool is that? Pretty cool, I think.
Shivali Patel: Hello everyone and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Shivali Patel, and this is the show that is our Helium 10 Weekly Buzz, where we give you all the latest news in the Amazon, Walmart and e-commerce space and we also provide you with a training tip of the week that will give you insight into serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing this week. The first article that we'll be covering today is from Amazon itself. First, I want to preface this by saying I was just looking at some Prime Day 2022-2023 stats earlier today with some of our Helium 10 team, and we were seeing conversion rates hold study or even increase, resulting in more sales year over year, as well as impressions remaining consistent leading up to Prime Day, but then soaring a whopping 25% year over year on the big day. You can check out our LinkedIn for more details. But, with that said, let's talk about Amazon Prime's Big Deals Day. So what exactly is Amazon Prime's Big Deal Days? Well, it was a 48-hour shopping event that happened in 19 countries and, just like Prime Day, it was a significant sales opportunity for many businesses. I've already seen a lot of buzz on LinkedIn and on our Facebook groups saying that Big Deals Days was going great for them. That is such a tongue twister, guys. I'm not quite saying that five times fast. Our Project X and Project 5K accounts both had more than double the normal average in sales. But I want to hear from you guys how were your sales? Were you up, Were you down? By how much and in what category? Let us know in the comments below.
Shivali Patel: Next up Amazon has added three new certifications that recognize materials innovation to their Climate Pledge Friendly program. This is really helpful for customers in discovering more sustainable products at scale. Oftentimes, as a buyer, when we're scrolling search results pages and we're just on the prowl for a particular item, Badges can be a really great way to have a listing catch our eye, and perhaps that is part of the reason on why sellers have noted slight increases in conversion with these badges. Maybe it's the increased traffic or the feeling of leaning into a morally sound, feel-good purchase for your prospective consumers. But listen, whatever the case may be, if any of your products are eligible for one of these new certifications or the Climate Pledge Friendly badge in general, it may be worth enrolling into this program. To enroll, you must either have an approved third-party certification or be eligible via compact by design or pre-owned certified. Of course, this validation process is really going to vary based off of your product type, and therefore you should do your due diligence. The badge will then appear on product details pages, search results pages and give you access to different things like advertising packages, Amazon business features and much, much more. All right.
Shivali Patel: Another segment of news coming from Seller Central is brands can now run AB tests on supporting images in the Manager Experiments Image Gallery. This is great news for those of you who haven't yet launched your product or you just want to optimize your listing images. After all, as it says here, 62% of customers are more likely to buy a product if they can first view its images and video. Yes, it's still best to do split testing via Helium 10 audiences, but to start split testing your supporting images and potentially hike your conversion rate, you can head over to Manager Experiments dashboard switching gears.
Shivali Patel: Seller Central also recently announced that they've extended product detail page protection to generic product listings. So if you don't know what this means, if you are a seller who does not have brand registry just yet, this could be helpful for you. You can start off listing your product as generic and then Amazon will still protect you by keeping any changes that occur solely under your control. Basically, what Amazon is saying is they won't let other people go in and change out your listing. Even though you're not brand registered, we do still suggest that you get brand registry for most sellers. This is a really nice update, and it does come with a lot of different things, so just bear that in mind. But you do have access to this exclusive control with the generic listing product detail pages now.
Shivali Patel: Then we have a new buy again button. I'm reporting this to you from payments.com. We all have purchase history with Amazon. That's really useful, but sometimes we forget that it's not just those subscription products like supplements and maybe the skincare items that can appeal to people and they'll reorder over and over again. If you can establish brand authority or deliver a really great product or experience, a simple button can be enough to bring back customers and increase your return on investment. Look, I'm a repeat purchaser in general, so I'm the perfect target market for this feature. Have you seen this button on the Amazon app's homepage to entice shoppers into repeat purchases? Let me know in the comment section.
Shivali Patel: Last but certainly not least, the last article I'll be covering today is from Yahoo Finance, and that is Bill Simon. This guy is the former Walmart CEO, and he's raised some concerns about the impact of lingering inflation and various macroeconomic factors on the American consumers, suggesting that the era of big bargains might be coming to an end, you guys. He pointed to the evidence of changing consumer habits, such as shifting towards smaller purchases at the end of the month due to financial constraints, and retailers are feeling the effects of inflation, which could really affect consumer acceptance of prices and buying patterns. I know I've already experienced this inside of my retail stores that when I'm going grocery shopping, the prices are insane, as are gas prices and whatnot. So are you seeing a change in spending habits? Has this been reflected in your own sales? Let us know. We would love to absolutely hear from you. So that does conclude our news pieces for this week.
Shivali Patel: Before I jump to our training tip of the week, I want to quickly encourage you to follow our Twitter account at Helium10 Software, that's @H10Software okay, @H10Software If you don't already follow us. We post announcements, slides, workshops, Q&As and so much more, and it's a really easy way to stay in touch. I don't want you to miss out. Let me go ahead and give you a second. Go ahead and pause this podcast or video, whatever it may be that you're watching this, and go give us a follow Done, All right, awesome. Before I sign off, let me pass it over to Kerry Miller, our brand evangelist here at Helium10. And, as a seller, being able to stay at the forefront of your market can also depend on what your competitors are doing. Perhaps they're adjusting their price points or offering a promotional coupon, and you will want to know when they do that as soon as they do. If you want to know an easy way, just keep watching.
Carrie Miller: Q4 is here and I know a lot of us like to keep close tabs on our competitors, but it's often a lot of tedious work where you have to literally go to their listings to kind of see and try to figure out what they're doing in this Q4 season. A lot of times we want to see did they change their price, are they adding coupons, things like that. So I want to show you a very easy way that you can actually monitor your competitors using Helium10. The first thing that you want to do is you want to log into your Helium10 account. Okay, so this is actually all going to be on this dashboard that you see right here, and we're actually going to scroll down just a little bit and we're going to take a look at this product section where it says my Products, and what we're going to do is we're going to expand this down, and you can see there's a lot of different tabs here. I'm going to actually focus on competitors here. So these competitors, you can actually choose them or sometimes they're already populated for you. So if you don't like the ones that are already populated in here for you, just click on Edit Competitors and you can just add in whatever ASINs you want or you can choose them from this list down here. I usually put my own five that I want and it's the top five competitors that you have. Once you've done that, you can actually see them listed here. You can see if they have a coupon here. You can see if they have done anything in terms of revenue, if they're doing really well, if their price is a little bit different. But this is actually going to get in more detail in this Competitors tab. So on this sidebar here where there's these little swords, you're going to click on the Competitors tab and you're going to be able to see more in detail about your competitors. And so this is not just those five for that one product. This is going to be all of your competitors that you've chosen.
Carrie Miller: So each product on that main dashboard you're going to see five, but this is where they're all going to be put together in one page and you're going to be able to see price changes and all kinds of different things like BSR. And if you wanted to customize and get alerts, you can actually get alerts for your competitors so you can see if their BSR has increased by a certain amount. If it's decreased, you can see if their review count has increased by a certain percentage or if it's decreased, or if their sales have increased or decreased. So that way you can see, hey, their sales are soaring, what are they doing, or maybe they're decreasing, and you can capitalize on that. There's a lot of different ways that you can utilize this and these are the different default or different settings that you can use. Now you can just uncheck it if you don't want to see it, or check it if you do want to see it, and you can add in whatever percentage number that you want to. So that is how you kind of edit these, but it'll show you. You know in general, if you know, there's some changes in price and things like that. But if you go down here to insights as well, we have some more information here. You can add in insights, for you know if their competitor changed the price or a coupon, you can actually get an alert for that. You can also see if they've changed their listing and you can see if they've changed any performance. So, right here, for a coupon, you can say you know if it's a price increase or decrease, or a coupon offered or a coupon no longer offered. You can edit this, however you'd like to get those alerts.
Carrie Miller: If you uncheck it, you won't get any. For listing change you can change, you can check off which ones of these that you want. So do you want to see if they've changed their title, their main image, their category and subcategory? And then, finally, you can see about their BSR and their review count, just like I kind of showed you this a little bit before. So this is where you can really control all of the Competitor Insights. There's a lot more different insights and I'll go over there those in other videos, but this is just focus on competitors. So this makes it very, very easy for you to go into that dashboard every day. That dashboard is going to show you a little an alert button or it'll say insight ready, and it's going to show you those things in the way that you set them up. So if you wanted to see if they've increased, you know, by a certain percentage of sales, you're going to be able to see that in that insights dashboard. You're going to see if they've added a coupon or if you wanted to see if their title changed, you're going to be able to see all of that in the dashboard and it's going to be so easy for you to monitor just in seconds, where all of this stuff would take you hours actually to do, to monitor every day. Where we have it ready for you every single day in the dashboard, easy to see, and you're going to get a great overview of what your competitors are doing so that you can stay competitive and you can capitalize on anything that they are slacking on. So go ahead and check out the insights dashboard competitors section and let us know what you think. Bye.
Shivali Patel: Awesome. Thank you for that, Carrie. I know the ability to monitor competitors with set thresholds was something that I was looking forward to for a while, and it's incredible to finally have it up as part of our tool set. Other than that, that is it for this week. I hope you learned something from this week's Weekly Buzz. We will see you next week to talk about what is buzzing. | |||