PREPARING YOUR BRAND TO SELL ON AMAZON

PREPARING YOUR BRAND TO SELL ON AMAZON

It's exciting to launch on Amazon, and you're likely eager for some immediate results. But keep in mind that building relevance for SEO and advertising takes time. Amazon is a successful platform that has helped a lot of companies thrive. And starting with these five phases is a wonderful approach to joining the ranks of others.

Select Your Catalog

The first step is to figure out what you'd like to sell on Amazon. Depending on whether you're expanding an existing brand to Amazon or establishing an Amazon-exclusive collection, your approach may be different.

You may take your best-performing items and evergreen products to Amazon if you're starting with a well-known brand. Alternatively, you may distinguish your Amazon offerings from other sales channels by offering distinct hues or sizes, as well as unique bundles or new items. You might also utilize Amazon for liquidation, selling end-of-season goods.

If you're creating an Amazon-exclusive product line, you may follow the conventional approach of researching consumer interest, competition, and pricing to discover which items and features have the most potential.

File Paperwork

The importance of filing the proper documentation cannot be overstated. Filing for a trademark with the US Patent and Trademark Office takes about six months to complete, so you should do it as soon as possible. If applicable, file for a patent while you're at it. Enrolling in Amazon's Brand Registry program allows you to use additional marketing services. You should also obtain universal product codes (UPCs or colloquially, bar codes) for every product in your catalog through GS1.

Last but not least, you must do safety and product testing. Amazon's standards are frequently more rigorous than federal rules. The most restricted Amazon categories in my company's experience are Baby, Beauty, Health & Personal Care, and Grocery. You should have your product tested at a reputable laboratory like Intertek, UL, CTT, etc.

Determine Inventory Logistics

Deal directly with your manufacturers to figure out lead times and material access when planning your demand.

The product's next stop is a warehouse, as indicated by the manufacturer, which implies you'll want to find a storage solution that can handle inventory and returns. The popular selection here is Fulfillment by Amazon (FBA), but it's wise not to put all of your eggs in one basket. You should consider creating backup options to supplement FBA in the event of Amazon-imposed shipment limitations to FBA warehouses. This might imply building a drop-ship program or working with a third-party fulfillment provider.

Create an Amazon Account

You've picked high-opportunity items, completed the necessary paperwork, and laid out your supply chain. You're in a fantastic position to establish an Amazon Seller account now that you've done all of this. Though they are notoriously easy to overlook, you should read Amazon's Terms of Service so you know your rights as a vendor.

You can begin selling on Amazon once your account has been approved. Make these items ahead of time, but don't put them up until your first shipment of goods arrives.

Prepare a Marketing Strategy

It's time to concentrate on your marketing approach as you approach the finish line. It's critical to your success in a competitive market. Begin with the ground floor: research 5-15 Amazon competitors, then conduct a SWOT analysis to identify potential opportunities. What are they emphasizing in photos and text? How many reviews have they had, and what do they say? What are their rates? Are there any advertisements on the website?

Once you've figured out the lay of the land, develop content that emphasizes your unique selling points. As Amazon becomes more crowded, high-quality images, videos, and search engine optimized text are more important than ever. Amazon Stores and A+ Content are two additional items to consider. To help you develop brand recognition more quickly, establish an active social media profile for audience participation.

You should also budget for a significant Amazon advertising budget. Sponsored Product Ads are the most successful ad categories on Amazon, but Sponsored Brand Ads and Sponsored Display Ads are also beneficial for boosting brand recognition. In my experience, mixing it up provides superior results for new businesses.

Have questions about how Amazon is affecting your business?

Set up a free consultation with us via Calendly and visit our website www.amazonconsultingexperts.com for more details.

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