Great list from John T. Shea We think point #10 is the cornerstone to Amazon profitability and success.
Premium brands CAN win on Amazon with the right tactics. Many luxury brands shy away from Amazon, believing it's not the right platform for high-end products. But the data shows otherwise. Roughly 15% of level 3 or 4 subcategories have a majority of top 50 BSR products priced above the median price for that category. So instead of saying 👉 "Oh, we don't belong on Amazon because it's not for premium-priced goods." These brands NEED to ask 👉 "How do I make it? How CAN I be successful?" Here's the checklist we follow: 1. Use competitive intelligence to inform strategy Track market prices and customer feedback to make advertising decisions and improve product positioning. 2. Use search intelligence data Find the keywords with the most promising volume, growth, and price trends to pick your spots. 3. Send offsite traffic to Amazon where applicable Amazon is actively courting this traffic with a Brand Referral Bonus program. 4. Push Amazon for a brand shopping page Amazon reserves this for top brands - it naturally pushes down other paid listings. 5. Prepare to spend on advertising You need high visibility to support premium pricing. 6. BUT know how to prioritize spending Factor in performance and market data to determine which ASINs need further investment. 7. Lean into video content Amazon is prioritizing videos, and they can propel you to the top search terms. 8. Defend top products against PDP conquesting Strategic Sponsored Display campaigns can minimize the impact of lower-priced competitors. 9. SEO Make scientific improvements to content based on search trends and competitor activity. 10. Manage grey market with an iron fist Monitor buy-box data and aggressively protect the brand from unauthorized disruption.