Hannah Blackburn is the Co-founder and Director of The Hawkers Club, a company that helps vendors and sellers solve their most pressing challenges and navigate eCommerce marketplaces, including Amazon and Target. In her role, Hannah advises online sellers and vendors on how to directly position their brands and value offerings as Amazon partners to increase profitability and revenue.
Before co-founding The Hawkers Club, she joined Amazon as a brand specialist with an initial focus on vendor excellence and marketing before transitioning to stock management and profitability. Since she’s written the business logic powering some of the algorithms that run Amazon, Hannah knows how you can systematically make profitable decisions that Amazon’s algorithms reward.
Amazon’s direct import is an excellent opportunity for brands to sell their products internationally and expand their reach. But, utilizing this service requires strategic planning since there are many factors to consider, including pricing and inventory. So, how can you optimize direct import to drive growth and maximize revenue?
The first action vendors should take is to prepare their pricing structures. Brands must adjust their product value to coordinate with stock increases, so it’s essential to correlate pricing with profit margins. Hannah Blackburn suggests implementing a MAP (Minimum Advertised Price) Policy to determine the most beneficial pricing. When assembling inventory, it’s crucial to consider lead times and establish production dates accordingly. With the right strategies in place, you can capitalize on direct import to amplify your impact.
In this episode of The Digital Deep Dive, Aaron Conant sits down with Hannah Blackburn, Co-founder and Director of The Hawkers Club, to discuss considerations surrounding Amazon’s direct import. Hannah explains the criteria for direct import, how brands can prepare their pricing and inventory, and best practices for optimizing the service.
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