Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
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Transcript of Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
![Page 1: Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe](https://reader034.fdocuments.net/reader034/viewer/2022050614/5a64bc7f7f8b9ac21c8b51e7/html5/thumbnails/1.jpg)
SESSION 3:
Supplier Outreach & Product Selection
T H E M I L L I O N D O L L A R C A S E S T U D Y
E U R O P E
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The exact launch strategies you need to launch a product
in Europe
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Jungle Slumber Updates
◍ Photography sample has been sent to the UK based photographer
◍ We have a quote to air freight 300 units which are now ready to ship
◍ The rest of the inventory will be sent by ocean
◍ Keyword research and listing copy has been done
What steps are left for a successful launch?
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The Three-Step Launch Process
Step 1 & 2: Covered in this session ◍ How to get immediate sales◍ Increasing initial sales velocity◍ Getting organic reviews (in line with
Amazon’s TOS)◍ Developing a brand strategy
Step 2: Next week ◍ Amazon PPC (pay-per-click)
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Primary Goal: Good Page Rank◍ Improved organic traffic◍ Better conversion rate◍ More sales
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The Launch Process: Page Rank
What Factors Are Important?
◍ Sales velocity◍ Sales history◍ Conversion rate◍ Reviews
What Can We Control?
◍ Promotions for increased velocity◍ Emails for increased reviews◍ PPC for increased visibility
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Methods For Better Page Rank
Deals Site Amazon PPC
Build An Audience
Use Existing
Audience
Paid Traffic
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Methods For Better Page Rank: Comparison
Use a deals site Amazon PPC Outside Paid
Traffic
Launch To Existing
Audience
Build An Email List
Effort 1/5 2/5 4/5 2/5 5/5
Difficulty 1/5 3/5 5/5 1/5 5/5
Cost $$ $$$ $$$$ $ $$$$$
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The Bad NewsYou will need to spend money on a launch to get ahead. Consider this as a
marketing investment.
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Using A Deals Site
Deals Site
Pros
● Set up in 5 minutesSales within minutes or hours
● No technical experience required
● Sales are guaranteed
Cons● Need to give away product at
a deep discount
Cost
$29/ mo plus discounted products (you control this) with added
inventory protection
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Amazon PPC as a launch tactic
Amazon PPC
Pros
● Relatively easy to set up (compared to other PPC platforms)
● You will want to set up Amazon PPC eventually anyway
● GET REAL KEYWORD DATA
Cons● Can’t usually drive enough sales
alone for launch
Cost
Varies greatly, but you can control this. Expect to pay 10-40% for most
relevant keywords
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Outside Paid Traffic
Paid Traffic Outside of Amazon
Pros
● If you can get it to work, it can continue to work post-launch
● Amazon boost for driving traffic?
Cons
● Most sellers can’t do this profitably
● Steep learning curve● No conversion tracking!
CostVaries greatly, but only advised if you are already a Facebook ads expert
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Existing Audience
Your Own Existing Audience
Pros
● Inexpensive● Easy to do - send out emails in
one blast
Cons
● You need a very large audience to get results
● Most sellers don’t have this
CostFree once you have an audience… but
see next slide...
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Build Your Own Audience
Building A Niche Specific Audience
Pros
● This becomes your own marketing list, yours to keep
● Use in the future for other launches
Cons
● Difficult to do and costly● Requires technical ability to set
up a website, email marketing etc.
Cost Costly in both time and money
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RECAP
Use a deals site Amazon PPC Outside Paid
Traffic
Launch To Existing
Audience
Build An Email List
Effort 1/5 2/5 4/5 2/5 5/5
Difficulty 1/5 3/5 5/5 1/5 5/5
Cost $$ $$$ $$$$ $ $$$$$
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Jungle Slumber: Kym will use a combination of using Jump Send (deals site) AND Amazon PPC
for the launch strategy
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We Need Reviews
Initials sales are in the bag. How do we get reviews?
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Getting Amazon Reviews in 2018
Not allowed:
Offering compensation, free or discounted products in exchange for a review
Allowed:
Running promotions
Sending emails to customers who have not opted out
Asking customers to leave honest reviews
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Sales + Follow Up Emails = Reviews
Enhanced customer service:◍ Send follow up emails with every sale◍ Timely emails sent based on customer
actions◍ Totally automated (set it up once)◍ Totally within Amazon’s TOS
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Sending follow up emails after a sale can increase reviews from 4X to 10X
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Automated Email Marketing For Amazon Sellers
Do:
◍ Allow each email to have one single goal (e.g. send free content, reiterate the value of the product or ask for a review)
◍ Add value with product tips, tutorials, best practices, ebooks, infographics…
◍ Provide excellent customer support (you can also send emails when refunds are initiated)
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Automated Email Marketing For Amazon Sellers
Don’t:
◍ Include links to websites (against TOS)◍ Spam customers with emails, 2-3 is enough◍ Include too many images (risk getting caught as
spam)
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Email Sequence Example
#1 Follow Up On Sale
Send when product has been shipped.
Goals:
Create a form of contact, so the customer knows where you are if they have any issues
If you have any special content you can send it here (i.e. instructions, ebooks etc).
#2 Ask For Review
Send 1-2 days after delivery, purchase is front of mind
Goals:
Make sure the customer is happy with their purchase.
Ask for a review whilst emphasizing the product/service/brand
#3 Final Ask
Send 5-10 days after product delivery
Goals:
One final push for a review, more direct
Ask for reviews or seller feedback (review more desirable)
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Email Sequence Example
Review Hack
Use minimal graphics to increase the chance of getting a review
Using the image and rating stars increases average CTR from 2.2% to 3.7% - 59% increase
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Power Your Promotions With Jump Send
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Email Campaigns
Watch over my shoulder
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SUMMARY: The Jungle Slumber Launch Sequence
Run Promotions Using Jump Send Deals
We will run deep discounts on Jungle Slumber sleeping bags for 2-3 weeks to generate sales velocity.
Setup Automated Emails To Generate Reviews
Automated emails will be created in Jump Send prior to launch, ready to hit the ground running with excellent customer service.
Create Amazon PPC Campaigns
For added visibility, sales and a rank boost, we will set up Amazon PPC from the get go. This means I will also get actual keyword data for my listing too - pretty neat!
Join us next week for this part of the process!
Don’t forget to optimize your listing!
If you missed it, head back to Session #8 to ensure you have a fully optimized product listing. Your launch depends on this too!
www.junglescout.com/blog/mdcs-europe
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Session 15: Homework
◍ Get everything set for the launch strategy
◍ Decide on your promotions◍ Set-up automated emails ahead of the
product launch
Get the information from this week's session:www.junglescout.com/session15-HW
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Join Us Next WeekJoin us next Wednesday for an inside look on setting up PPC
campaigns for your newly launched product!
Register for FREE at junglescout.com/million