Prime Day 2024: Amazon continues to blow past expectations year after year. 2024 for our accounts overall: - accounts that did zero for prime day: 1.5x - 3x lift just from traffic. This was better than expected. - accounts that ran promotions: 3x-15x lifts. Many more accounts achieved 8x lifts or more than in the past. - profit retention was better than in years past, discounts were there, but lowered ACoS and TACoS helped offset that more than in the past. Best win: - Single ASIN account had its FBA offer (and promos) removed until 5pm Day One. Still hit 7x average daily sales day one and 8x on day two. What did everyone else experience?
Abe C. Chomali’s Post
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🤗 Amazon Prime Day 2024 is just around the corner this July. With recent policy changes and the introduction of multiple new FBA fees, this year's Prime Day is shaping up to be a challenge for third-party sellers. How will these fees impact Prime Day sales and how can you best prepare for this year's Prime Day and make the most out of it? #Primeday2024 #amazon #amazonbusiness
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: • Amazon Prime Day 2022 generated $12+ billion globally • Lightning Deals can boost conversion by 35% • Product bundling increases average order value by 27%
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: • Amazon Prime Day 2022 generated $12+ billion globally • Lightning Deals can boost conversion by 35% • Product bundling increases average order value by 27%
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: • Amazon Prime Day 2022 generated $12+ billion globally • Lightning Deals can boost conversion by 35% • Product bundling increases average order value by 27%
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: Amazon Prime Day 2022 generated $12+ billion globally Lightning Deals can boost conversion by 35% Product bundling increases average order value by 27% #primeday #amzonics
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: • Amazon Prime Day 2022 generated $12+ billion globally • Lightning Deals can boost conversion by 35% • Product bundling increases average order value by 27%
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: Amazon Prime Day 2022 generated $12+ billion globally Lightning Deals can boost conversion by 35% Product bundling increases average order value by 27% #primeday #amzonics
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: Amazon Prime Day 2022 generated $12+ billion globally Lightning Deals can boost conversion by 35% Product bundling increases average order value by 27% #primeday #amzonics
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Are you struggling to maximize your Prime Day profits? Pricing. ⤷ Develop a dynamic strategy... ⤷ Balancing competitiveness and profitability. ⤷ Factoring costs, fees, and Amazon referral charges. Deals. ⤷ Offer lightning deals and limited discounts... ⤷ Creating a sense of urgency. ⤷ Driving impulsive Prime Day purchases. Bundling. ⤷ Bundle complementary products together... ⤷ Increasing average order value. ⤷ Boosting overall sales potential. Facts and Figures: Amazon Prime Day 2022 generated $12+ billion globally Lightning Deals can boost conversion by 35% Product bundling increases average order value by 27% #primeday #amzonics
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⏰ Alert for Amazon Prime Days 2024! ⏰ 🚢 Get Your Stocks Ready! With Amazon Prime Days approaching and the ongoing situation with various canals, early action is crucial to sidestep the potentially massive shipment traffic 🛑 🌊 Delays and congestion could hinder your sales, so ensure your inventory is stocked and ready to meet your customer demand. ❌ Don’t wait until it’s too late – act now to maximize your Prime Days revenues 💸 #Forceget #AmazonPrimeDays #StockUp #inventorymanagement #smartshipping #shipsmart #amazonselling #amazonseller #globalshipping #globalsupplychain
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Amazon Advertising Specialist | PPC Campaign Manager | E-Commerce Growth Specialist | Generated Annually $37M+ Revenue for 23 Brands
5moThis year, I have seen an uplift in those accounts or products as well, where we didn't run PD deals/discounts, and the sales have picked up nicely.✍️