Prime Day Ads: Double Your Sales with a 3-Step Strategy!
In a Nutshell To succeed on Prime Day and Prime Big Deal Days, pre-event strategy, precise targeting, and budget & bid optimization are essential.
What's This About? The official Amazon Ads blog has published a Prime Day advertising guide for small business owners and authors. This guide outlines key strategies including bidding, budgeting, targeting, and brand building, offering practical tips to maximize sales during the upcoming Prime Day event.
Implications for Korean Sellers Prime Day is a prime opportunity for Korean sellers to boost their Amazon sales. Follow these key action plans:
1. Develop a Data-Driven Pre-Event Strategy: Launch test campaigns 30 days before Prime Day to identify effective keywords and targeting, and analyze your existing campaign data. Leverage recently sold products and deal ASINs, and optimize your product detail pages to increase conversion rates.
2. Refine Targeting and Optimize Keywords: Gain insights from automatic targeting, and add high-performing search terms to manual targeting. Discover high-performing keywords from your search term report, and combine various match types to ensure broad reach and precision. Expand your reach with product targeting, and reduce inefficient impressions using negative keywords and negative product targeting.
3. Strategically Manage Budget and Bids: Prepare for a surge in traffic during Prime Day. Allocate the majority of your budget from just before the event through the peak period to capitalize on this traffic. Continuously monitor and adjust campaign bids and daily budgets to maximize ad efficiency, and increase budgets for high-performing campaigns to drive sales.
Important Notes 💡 Amazon Ads managed services may be subject to budget minimums. For international advertising, be sure to check the regulations and characteristics of each country.
Next Actions - Start test campaigns 30 days before Prime Day and analyze data to secure a list of core keywords/products. - Optimize campaigns using automatic/manual targeting, various match types, and negative targeting.
📰 Source: https://advertising.amazon.com/library/guides/prime-day-advertising-guide-authors