Nothing entices people to view your products like the offering free stuff in a giveaway. It’s also no surprise that Amazon giveaways, drawings, sweepstakes, or other contests are some of the most popular ways for brands to attract new traffic and potential customers to their offerings. If you’re trying to setup and operate a giveaway on Amazon, it could quickly turn into a logistical headache when trying to source your products, decide the winners, and also ship out prizes. Thankfully, Amazon has provided a solution to this problem for sellers by using the Amazon Giveaways service.
Amazon has over 2 million third-party sellers that account for over half of its sales. With that much competition, Amazon sellers must keep a high feedback rating to set themselves apart, and to stay successful.
Without a great rating on Amazon, sellers won’t get a buyer’s trust. By scanning feedback ratings on Amazon seller profiles, buyers will determine which seller is the most reliable and trustworthy. Almost every time, consumers prefer to choose sellers with the higher ratings. Especially if they are choosing between listings with similar prices.
Product bundling is the perfect way to create new product options as a seller on Amazon. It’s one of the best ways to boost the sales of your existing products. It increases product sales while providing discounts for your highest paying customers. Since you’re also the only seller of the bundle, your product listing will also go in the Buy Box on the right side of the screen.
About a month ago we have run a survey asking members of the Egrow community which next tool they would like to see in our tool collection.
The one with the most votes was “Reverse ASIN Research Software”, the tool that can help you to find Amazon competitor keywords from organic search results.
Now, it is available inside the member area of Egrow.
Your Guide to Amazon’s Best Sellers Rank (BSR)
The Amazon Best Sellers’ Rank is a custom calculation which is based on the Amazon.com sales for each product. It updates each hour to reflect the most recent as well as historical sales of all the items sold on Amazon. Although this Amazon Best Sellers Rank can be a pretty good indicator of how well each product is selling on its own, it won’t always express how well an item is selling among other similar items. Categories and subcategories of best seller lists will also highlight each item’s rank where they can really stand out.
At Egrow, we want to share our understanding of the intricacies and science of the Amazon marketplace with you, our valued members. Our Amazon sales estimation algorithm uses some of the same features that drive the Amazon Best Sellers Rank, which can help you understand what to do to get your products to rank on Amazon.com. This tool can be extremely helpful when identifying new opportunities and doing competitor research to understand how other items are ranking on Amazon.