Amazon’s Prime Day is one of the year’s most significant shopping events, offering incredible deals and discounts to millions of customers worldwide.
The dates for prime day 2023 have been released by Amazon. For the USA and a host of other countries, it will kick off July 11 at 3 a.m. EDT and run through July 12. For Indian customers, the prime day will go live on July 15 at midnight and will continue till midnight on July 16th.
Now, as an Amazon seller, Prime Day presents a golden opportunity to boost your sales and increase your brand visibility. To make the most of this highly anticipated event, here are nine crucial steps you need to follow to succeed during Amazon’s Prime Day 2023.
Table of Contents
1. Choose the right product to highlight
Selecting the right product to feature during Prime Day is essential! You need to identify items that have high demand and are likely to resonate with your target audience. For this, conduct thorough market research and analyze customer trends to ensure you’re promoting a product that will capture attention and possibly generate more sales.
2. Ensure your listings are perfect
Optimize your product listing to maximize visibility and conversions! Pay special attention to your product titles, bullet points, and product descriptions, and use high-quality images only. Also, make sure to fix inactive or suppressed listings if any as these will not be available for prime day promotions.
3. Review Daily Budget
Prime Day attracts a significant amount of competition, so investing in advertising is crucial for standing out. Ideally, you should set aside a specific budget for advertising campaigns during this period and utilize this budget strategically on Sponsored Products, Sponsored Brands, and Display Ads to increase your highlighted product’s visibility and reach.
4. Utilize Amazon Coupons
Amazon coupons are a powerful tool to incentivize purchases and attract customers during Prime Day. Create exclusive coupons for your highlighted products and make sure they are prominently displayed on your product listing! Offering additional discounts using coupons can entice potential buyers to choose your product over competitors.
5. Promote on social media
Harness the power of social media platforms to generate excitement and drive traffic to your Prime Day deals. Try creating engaging content, maybe teasers too about your upcoming discounts, giveaways, or limited-time offers. Use prime day hashtags like ‘#PrimeDay #PrimeDay2023 #PrimeDayIndia #AmazonPrimeDay‘ to further expand your reach and engagement with your audience.
6. Smart pricing strategy
Pricing is another critical aspect of any successful Prime Day campaign! You may see competitors dropping their prices to gain an enticing position on the product pages. Analyze your competitors and try maintaining competitive yet profitable pricing for your products. Also, you can consider offering time-limited deals or bundle offers to entice shoppers!
7. Have a returns plan ready
With inflated sales, one must be prepared for increased potential returns too! Make sure to communicate your return policy on your product display pages and ensure your customer service team is well-equipped to handle any inquiries or issues. By promptly addressing any returns or refunds you can maintain a positive customer experience.
8. Ask for reviews
As you are already aware positive reviews are vital for building trust and credibility with potential customers. With sales soaring due to prime day, it is a great chance to gather customer reviews in an Amazon-compliant way. You can encourage buyers to leave reviews after their purchase by sending notes along with your product requesting feedback while providing exceptional customer service to increase the likelihood of positive reviews.
9. Finally, Have Patience
In order to accurately attribute a sale to a specific campaign, Amazon implements a waiting period of up to 14 days following an ad click. This period serves to determine whether the click has successfully led to a sale. This period is known as the ‘attribution window.’ So, patience is key in this process.
Prime Day is a significant opportunity for Amazon sellers and brands to boost sales, increase brand exposure, and acquire new customers. By following these eight essential steps, you can position yourself for success during Amazon’s Prime Day 2023.
Remember to plan strategically, execute flawlessly, and provide exceptional customer experiences to make the most of this highly anticipated shopping event.
Frequently Asked Questions
How many times a year is Amazon Prime Day?
Amazon Prime Day is held once a year in July.
Is Amazon Prime Day 1 or 2 days?
Amazon Prime Day is a two-day event that will take place on July 15 and 16, 2023 for Indian shoppers. It offers price reductions and deals that are exclusive to Amazon Prime members.
How to get the most out of prime day 2023?
To get the most out of Prime Day 2023, do your research beforehand to find the best deals, set a budget, and stick to it and finally, join Amazon Prime to take advantage of exclusive discounts!
Is Prime Day only in India?
No, Prime Day is an annual global shopping event Amazon offers for Prime members in multiple countries.