When the pandemic hit, Amazon brands across categories saw a huge drop in sales. The following year, sales skyrocketed as the world adjusted and people rapidly embraced online shopping. Now, brands in the fashion and apparel categories are seeing conversion rates go up by 29% compared to the previous year. However, there are still common challenges restricting apparel brands from reaching their full potential.
So, what are the best ways fashion and apparel brands can improve their Amazon strategy and drive growth?
The first step to optimizing content is planning out your strategy. You need to think about what will make the biggest difference in sales conversions. Nicole Reich of Retail Bloom suggests starting with product availability and profitability: segment your evergreen, seasonal, and discontinued products, and arrange them from highest to lowest margins. From there, you can focus your strategy on products with high retail value, which will most likely be your evergreen products.
Next, ensure you’re in the right category. Execute a competitor analysis to see which top-level category you should be in. Why is this step important? Sometimes, Amazon will place you in a category that doesn’t make sense, which could significantly impact your ranking on Amazon.
Once these steps are complete, you can begin implementing your content optimizations. Take those high-profit products and optimize for SEO, back-end attributions and subcategories, imagery and video, and product merges.
According to Nicole, product merges may be the most useful hack. “You don't want it to be overwhelming, where you just merge everything,” Nicole says, “but there is a lot of opportunity to look at your catalog as a whole and start to decide how you want to merge like products.”
NYDJ, one of Retail Bloom’s clients, is a large brand in the women’s denim category. In their Amazon listings, they have a specific style of pants called the “Sherry.” Within this style, they have slim, cropped, and flare jeans, among other variations. NYDJ had different product detail pages for each style variation, which led to fewer ratings and challenges with new styles and colors getting buried.
So, Retail Bloom took all of these evergreen variations and merged them together, placing them on one product page with different thumbnails so that consumers can easily browse other style variations. This product merge boosted views overnight for all of the Sherry products and improved product rankings overall.
Brands should make it a priority to refresh advertisements and creative assets consistently. Look at SEO and keyword trends to help you set up ad groups and campaigns. Additionally, you should update campaigns by season and use branded terms to promote new product launches.
If you want to increase ROI, sponsor display campaigns are the way to go. DSP has specific KPIs and can be expensive, but sponsor display campaigns give you the ability to target on or off Amazon, get creative with lifestyle imagery, and work with products that have many variations.
Fulfillment options can be tough with various SKUs and outliers. What do you do with products that don’t make sense for FBA?
Retail Bloom’s local selling and buy online and pick up in store (BOPIS) tools can help. The BOPIS tool is great for brands who don’t want to be on Amazon for fear that they’ll drive traffic away from their brick-and-mortar store. With this tool, brands can generate traffic on Amazon but still direct consumers to physical stores.
Available for both 1P and 3P brands, the local selling option gives brands the ability to set up one-day or two-day delivery options by region. Sellers can leverage their own delivery trucks or 3P carriers. This is a great solution for getting your entire catalog live without putting all products in FBA.
Taking on these tasks alone is a lot of work. That’s why Retail Bloom is providing tools like these to help brands plan, scale, and improve the customer experience.
Is your brand still reeling from last year’s supply chain issues, hiring challenges, and rising product costs? To help you eliminate these obstacles and achieve your goals in 2022, we’re reviewing valuable lessons from Q4 and taking note of the trends, updates, and opportunities that are on the horizon for the year ahead.
For brands across categories, 2021’s holiday season was dampened by ongoing inventory issues due to the pandemic. With worries about stock levels and shipping delays, consumers started their shopping earlier in the season — creating a rise in traffic on Thanksgiving Day and Black Friday. Cost-Per-Click (CPC) shot up a whopping 38% during Thanksgiving for sponsored products, while ad spend declined on Cyber Monday for the first time ever.
So what does this mean for you? Ultimately, Q4 showed signs of optimism with consumer spending on the rise, but smaller brands still had to be savvy when budgeting for their sponsored product ads. If you want to break through all of the fierce competition on the Amazon marketplace and make the most of your advertising budget in 2022, it may be time to adjust your approach.
While many of the same obstacles from 2021 are predicted to persist in the new year — from supply chain issues to increasing advertising costs — there are some new and notable opportunities that eCommerce brands should be taking advantage of.
To start, Ben Ryan Schwartz from Pacvue suggests keeping your eye on shoppable video, which would allow clickable ads directly in your videos. He also notes the benefits of Amazon’s new and improved display capabilities — including updated audience targeting for Amazon DSP — and different fulfillment models, from brick-and-mortar to click-and-collect.
As Amazon and eCommerce advertising continues to evolve, the question remains: how do you leverage these updates and opportunities for your unique brand? According to Nicole Reich of Retail Bloom, the first step to determining how much to spend on advertising is to identify your strategy. Whether you want to drive awareness, expand your audience, or focus on profitability, there are different campaigns for each goal.
As Nicole says, to create winning (and on-budget) campaigns, you have to align your advertising budget and goals with your overall Amazon strategy and sales. She advises taking your approach to the next level by reviewing benchmarks in your category, understanding which campaigns and keywords connect with your goals, and maxing out the bottom of your funnel before moving up.