CommerceIQ’s Post

🚀 Secrets of Prime Day 2024: Insights to Skyrocket Your Amazon Growth  🚀 Download your free report to start prepping for the next Prime Day. #EcommerceInsights #RetailStrategy #AmazonGrowth

Secrets of Prime Day 2024: Insights to Skyrocket Your Amazon Growth 🚀 In our in-depth #PrimeDay24 report, we're sharing exclusive insights into the key trends, strategies and takeaways from July's event—equipping you to start planning for the next Prime Day now. Discover detailed data and insights at both the overall and category levels, revealing patterns that brands can leverage to enhance their Amazon performance, including: ⬇  Diminished sales impact: While Prime Day 2024 saw high traffic similar to the previous year, conversion rates fell, leading to reduced direct sales growth despite significant ad spend. 💲 High ad spend with lower ROAS: Brands increased ad spending, particularly on Sponsored Display ads, but experienced lower return on ad spend (ROAS) post-Prime Day, with higher discounts driving temporary sales spikes but leading to a sharp decline afterward. 📦  Inventory and profitability challenges: Significant revenue losses due to out-of-stock issues and declining overall profitability highlight the need for better inventory forecasting, effective ad budgeting, and real-time optimization of retail media strategies. For the full story, download your free report now: https://lnkd.in/gwYDFCQs #EcommerceInsights #RetailStrategy #AmazonGrowth

🚀 Amazon Sellers, Are You Ready for Prime Day 2024? 🚀 Prime Day is just around the corner on July 16-17! This is your golden opportunity to skyrocket your sales and enhance brand visibility. Here’s how to prepare: ▫️ Stock Up: Ensure you have ample inventory for high-demand products. ▫️ Create Deals: Attract buyers with exclusive discounts and promo codes. ▫️ Advertise Early: Kickstart your campaigns now to build anticipation. ▫️ Monitor Inventory: Keep a close eye on your stock levels to avoid running out during peak hours. ▫️ Leverage Global Reach: Prime Day is a global event – tap into new markets! Get ready to maximize your sales and make the most of Prime Day 2024! #AmazonPrimeDay #PrimeDay2024 #SellerTips #eCommerce #AmazonSellers #SalesStrategy #OnlineBusiness #DigitalMarketing

🍁 How’s your Fall Prime Day prep going? 🍂 With big ad spend and even bigger discounts, Amazon sellers got a boost in July … but at what cost? ICYMI: In our latest industry report, we examine brand performance before, during and after this summer's Prime Day—unlocking comprehensive insights and recommendations to help you fight diminished sales impact, declining ROAS and inventory challenges heading into the next event. Download your free report now to start prepping for the next Prime Day. https://hubs.li/Q02Mb3P60 #PrimeDay24 #ROAS #ecommerceinsights

Gearing up for Prime Day 2024? This video from the last Prime Big Deal Days will help you. Watch as Steven Pope guides Amazon sellers on how to start the: - Campaign creation process - Deciding discount details - Checking eligible products - And more! Here are some tips to set up effective Prime-exclusive discounts: ✓ Plan Ahead: Start your discount setup early to avoid last-minute rush. ✓ Choose Wisely: Select high-demand products that are overstocked. ✓ Monitor and Adjust: Keep an eye on performance and tweak as needed. ✓ Optimize Listings: Ensure your product listings are fully optimized for conversions. It's a tedious process, but the payoff can be huge. Turn your Prime Day into a major business win with our guide. P.S. - Watch out for My Amazon Guy's comprehensive Amazon Prime Day checklist!

Predict better. Manage smarter. Learn from the past. Rinse and repeat. That’s the gist of Prime Day’s strategy. Are you prepared this year? Check out our newly released Prime Day guide (featuring a comprehensive checklist) to ensure you’re ready to go! https://monk.media/44mkAAy #Amazon #PrimeDay2024 #Ecommerce

Selling your products on Amazon - check these Amazon Ads and #primeday top tips out to maximise your sales #amazonads

Ready for Prime Day 2024? It starts tomorrow! But if you are an Amazon Prime member, many early Prime Day deals and special promotions have already been launched. Of course, lurking behind these online deals, are product returns. And since Prime members get free return shipping, Prime Day 2024 is likely to be another ultra-successful selling event. According to eMarketer, the number of U.S. Prime memberships is expected to reach 168.3MM subscribers in 2025. That's an estimated increase of 7% since 2022. To put this in perspective, there are more Amazon Prime Members in the U.S. than there are households. As Amazon continues to boost loyalty and trust by optimizing the customer experience - particularly the returns experience, Inmar is also supporting brands to provide returns without being re-packaged or requiring a preprinted shipping label if returning at over 6000 select locations. Send me a message to learn more! 📦📦📦 Click below to learn more about special Amazon Prime Day deals. https://lnkd.in/ePU_rGWj #returns #returnsmanagement #ecommerce #inmarjourney

During previous Prime Days, Amazon was selling more than 100,000 items per minute! Adobe Analytics estimates total online revenues of $14B from the two-days. Using a conservative return rate of 20% means July 16th and 17th could generate nearly $3B in returns. This estimate only addresses the revenue returned; not the cost of processing returns, which would include shipping, handling/sorting, transportation, etc. Avoid the returns-related Prime Daze by having an effective and efficient solution for managing returns and refunds.

It's that time of year again... Amazon Prime Day! 🎉 Mark your calendars for July 16-17, because it's not just a chance to snag the best summer deals, but a crucial pulse check on the overall US consumer market health and an opportunity for B2C marketers to re-evaluate media budgets leading up to the Q4 holiday season (yes - if you're not already planning for Q4, you're behind!). Find your best deals, keep an eye out for the 2024 Prime Day results, and comment below what you're most excited about! 🛍️✨ For more info, check out https://vist.ly/3divy #amazon #primeday #adparlor #digitalmarketing #ecommerce