Top 10 Blogs For Amazon Marketing Professionals
Amazon is a goldmine of sorts, turning nearly everything it touches into gold.
In 2023, Amazon introduced Brand Tailored Promotions in Seller Central, a new promotional tool that allows sellers to offer discounts to carefully selected audiences. Unlike traditional promotions, which are normally free-for-alls that apply to all customers, these targeted promotions enable sellers to focus on specific user groups. Since its initial launch, Amazon has continued to expand and enhance this feature.
Currently, there are 11 audience groups available within Brand Tailored Promotions:
These audiences allow a wide range of strategic opportunities based on your promotional, new customer, media, and channel management strategies. See a small selection of the many recommended options to optimize your campaigns below.
These promotions are only available to specific customer accounts and appear uniquely in pricing, they provide a way to run compelling offers that other retailers won’t see, helping to avoid price matching and channel conflicts.
Margin can be preserved through this option because these are limited to certain audiences. By not applying to all customers (like with a Top Deal, Best Deal, or Prime Exclusive Discount), you can still drive incremental topline.
Customer acquisition is key on Amazon, and these allow hyper-targeted deals to audiences that are already brand-aware to incentivize conversion. They offer a great way to convert new customers who haven’t purchased yet, or re-engage old customers who have purchased in the past but haven’t recently.
With events like Prime Day and Black Friday, we see a surge of traffic to Amazon. Depending on your strategies during these events, this typically translates to big increases in audience sizes by way of that rise in traffic. These audiences allow us to “retarget” some of those new customers reached during peak events to continue to drive sales and conversion in the leadout periods for those who didn’t convert during.
While media is the main lever to get in front of new customers, these audiences are a great supplement to your sponsored ads or DSP campaigns. As you grow various audience sizes, these promotions can work in tandem to extend that reach and garner more sales and new customers, especially with product categories that have a higher ASP or longer sales cycle.
These audiences have begun to roll out to Coupons as well, where we can now target the same audiences with that deal format. While there are a few limitations in the mechanics (ASIN selection, not available in VC), we expect Amazon to continue to iterate on these audiences and have seen success and relative lack of adoption with these levers.
Have you seen a lift if your audience sizes post-Prime Day? Reach out to Podean if you want to hear more about how we can leverage Brand Tailored Promotions and other levers to grow your Amazon business.
Amazon is a goldmine of sorts, turning nearly everything it touches into gold.
4 min read
Amazon offers a unique service that has helped create massive amounts of savings for its users since its launch in 2006. FBA, or Fulfillment by...
5 min read
The labyrinth that is the Amazon Marketplace is a highly competitive place where Amazon and thousands of other third-party retailers compete to sell...