When you just start selling on Amazon, one of the most serious problems that you can face during your operation is a high stream of competition. There are lots of popular brands whose pages are above your products and you as a seller have to put much effort in order to cope with real professionals of this sphere.
Of course, it is always easier said than done; however, if you intend to succeed in your FBA business, you should be ready that it is going to be an endless battle between you and other brands in order to attract customers’ attention at any cost.
Today, Jerome Basilio’s team is going to bring to your attention several tips which will help you cope with your main competitors and gain a solid amount of money from your online business.
Detect Your Main Competitors!
One of the first things that you have to figure out is who your main competitors are. Here, you have to be guided by the following information:
- Pricing Strategy
- A Total Number of Sales
- Review and Ratings
By using the above-mentioned, you can easily figure out your main competitors.
Track Your Competitors!
Once you have figured out your main competitors, you have to start following them. Your main job is to understand how they have succeeded in their operation. Nowadays, there are lots of useful tools which can help you figure out the keywords that your competitors use for selling similar products. Or, you can hire a professional SEO expert who will handle the entire process instead of you. We suggest that you contact our partners from Oceanic Zoo who can help you with this in the best possible way.
Another crucial information that you have to figure out is your competitors’ pricing strategies. That’s because pricing plays a vital role in selling on Amazon and you have to do your best in order to set the best price on your goods in order to catch more customers’ attention.
Always Read Amazon Reviews!
Reviews are the best way to understand your customers’ main wishes. The main reason is that customers use reviews in order to find additional quality information concerning a certain product. By analyzing Amazon reviews, you can figure out crucial information such as:
- Whether you are able to offer better products than your competitors
- If there is high demand for your products
Audit Your Suppliers!
If you intend to build a profitable business on Amazon and have a decent amount of sales from it, then you have to make sure that you work with right suppliers. Here, you have to ensure that you work solely with brands or their authorized distributors. In this case, you can be 100% sure that your products come from reputable suppliers and your customers will receive only high-quality and genuine products. Believe us, this nuance plays a vital role within your operation, since by offering high-quality products, you automatically set you apart from your main competitors.
Be Attentive to Your Customers!
Another important aspect when it comes to selling on Amazon is to be responsive toward your customers. You should respect your customers and always respond to their feedback within the shortest period of time.
You should do your best in order to provide your customers with good customer service by scarifying both your time and energy in order to ensure that they are totally satisfied with the service you provide. Moreover, if you keep ignoring your customers’ feedback and do not solve issues at their early stages, you can face quite serious problems with Amazon. That’s because your Amazon account will be shut down for maintaining bad ODR metrics.
Do not worry, since we have the best solution to this problem. If you find your account suspended by Amazon, you can contact our partners from Got Suspended Clients and they will help you reinstate your suspended account in the best possible way.
If you want to have a successful start-up with your FBA business, then you should definitely contact Jerome Basilio’s team. This team is an acknowledged leader in providing services such as:
- Amazon Account Management
- Amazon Inventory Management
- Amazon Listing Optimization
If you visit our website, you will find more information regarding services that our team provides, along with tons of interesting blogs which will help you run a profitable and safe FBA business on Amazon.