Mastering the Amazon Brand Lifecycle
Services
Published on
Jul 12, 2024
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Establishment
Objective: Gain traction.
During this initial phase, focus on establishing a solid foundation for your brand. This is based on a test and learn philosophy. These are the key actions to take:
Account setup
Marketplace research
Product development and selection
Establish SEO strategy
Build out brand assets: Listing images/A+ Content/Store
Initial reviews strategy: Vine
Stock setup: Hybrid/ Vendor/Seller/FBA/Direct Fulfilment
Pricing strategy
Launch strategy
Paid social campaigns to aid launch
Testing and learning philosophy
Acceleration
Objective: Gain market share & establish profitable lines.
In this phase, focus on expanding your market share and establishing profitable product lines. Consider the following actions:
Grow market share
Big variations
Continuous SEO focused on competitors
Drive up BSR (Best Sellers Rank)
Reviews: focus on building brand presence
Aggressive competitor targeting tactics
Expand advertising investment
Social listening
Affiliates
Defend + Grow
Objective: Optimise and adjust.
During this phase, your focus shifts to optimising your brand's performance and defending your market position. Consider the following actions:
Catalogue management
New product launches, retire those not working
Audit resellers and focus on Buy-box retention
Split variations to drive down competitors
Advertising defensive tactics
Stock optimisation: Hybrid/Vendor/Seller/FBA/Direct Fulfilment
Special events
New markets
Consider Hybrid
DSP
Yield
Objective: Maintain dominance for high-earning SKUs & grow SKUs in growing phases.
In the final phase, your focus is on maintaining dominance for your high-earning SKUs and introducing new SKUs, while proactively monitoring the market. Consider the following actions:
Optimise SKUs in Establishment, Acceleration and Defend + Grow cycles
Manage successful listings and products with day-to-day tactics
Monitor new brands and products entering the niche; adjust immediately
Pricing strategy: Variable pricing
Optimise SKUs using visual SEO
This process can be accelerated with an effective pricing strategy and big advertising budgets. For more information, contact sales@rt7digital.com.