Prime Day Power-Up: How Kids Sports Brand Crushed It Over $360K in Sales & 109% Growth!
Read on if you want to get ahead of 2+ million active 3P sellers this Prime Day — With over 200+ million global Amazon Prime subscribers.
Project Overview
Read on if you want to get ahead of 2+ million active 3P sellers this Prime Day — With over 200+ million global Amazon Prime subscribers, Amazon Prime Day is one of the biggest yearly online retail events in the eCommerce industry where the Prime Subscribers shop their hearts out.
NOT all sellers prep for Prime Days how can you be prepared, after reading this case study?
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Strategic Approach
Data Dive from Prime Day 2022: We started by digging into their Prime Day 2022 data to see which products attracted the most shoppers. This helped us plan their marketing budgets and restocking strategy for Prime Day 2023, ensuring increased visibility for their top performers. 80/20 law.
Inventory Planning: We carefully planned their inventory orders based on forecasted sales to avoid running out of stock during Prime Day.
Cost Optimization: We meticulously reviewed all inventory-related expenses, seeking ways to reduce costs without compromising quality. The savings were then reinvested into advertising efforts.
Prime Day Deal Preparation: Marked our calendars for mid-May to create a Prime Day Deal for each product that was planned in the above steps and that will have sufficient stock throughout July.
Strategic Approach
Optimizing Product Pages: We conducted split tests on main images, product titles, pricing, and enhanced brand content (EBC) to maximize click-through and conversion rates.
Competitor Analysis: We closely monitored competitors’ strategies and identified areas for improvement to stay ahead of the game. We kept a check on competitors’ promotional ideas/pricing strategy/listing optimization. Top sellers come up with unique/creative ideas during Prime Day to help their products stand out from the competition.
Marketing Strategy Refinement: Instead of waiting until Prime Day to test marketing tactics, We were smart to try it all BEFORE Prime Day. Most sellers save their marketing budget months before Prime Day to spend it all when the day finally arrives to go all out during Amazon Prime Day by trying every marketing tactic to create hype, wasting a lot of ad spend.
Amazon DSP: Ran DSP campaigns to target in-market customers and retargeted the visitors with high-frequency pre-Prime day week.
Preparing for Returns and Negative Reviews: Anticipating post-Prime Day challenges, we helped the brand by providing excellent customer service to address returns and negative reviews promptly, safeguarding their bad reviews and future sales.
Results Achieved:
- Record Sales: On Prime Day 2023, the brand got an impressive EUR 360K in sales, a significant leap from previous years.
- Year-Over-Year Growth: Their sales grew by a whopping 109% compared to 2022 Prime Day by implementing all these strategies.
Elevate Onboarding with a 3-Step Process for Profound Business Mastery!
After pinpointing your needs and goals, we embark on the journey
– Relax and savor the unfolding process:
Research
To kickstart our collaboration, we conduct a comprehensive brand audit and identify potential challenges and opportunities to SCALE your brand. We will deeply understand your business and create a custom plan to hit your goals.
- Icebreaker Call
- Market Analysis
- Account Audit
Strategic Plan
We will develop a SCALING strategy tailored to your brand and goals to fuel your growth. Here we discuss the exact steps we’ll take to hit your goals.
- Consultation Call
- Advertising Strategy
- Plan of Action
Scale & Grow
This is where magic happens. We will implement the plan by leveraging every opportunity to SCALE your brand profitably. Based on your goals, our specialists scale up to create new levels of growth for your products.
- Detail Page Optimization
- Campaigns Management
- Data-Driven Desicions
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