Chief Executive Officer
In this blog post, I'll share five essential metrics that will help you rank higher on Amazon and boost your FBA business!
Are you an Amazon seller looking to elevate your FBA business to new heights? With tons of experience in the Amazon space, plus many in-depth conversations with our clients, I've learned that success on Amazon isn't just about listing products; it's about mastering the metrics that drive visibility and sales.
In this blog post, I'll share five essential metrics that will help you rank higher on Amazon and boost your FBA business, plus I’ll share some tips that as a CEO I’ve found have helped our clients most with each metric. Let's dive in!
Keywords are the foundation of your Amazon FBA business. Conduct thorough keyword research to identify high-converting, relevant keywords for your products. Optimize your product listings by including these keywords in your titles, bullet points, and product descriptions. Regularly monitor your keyword rankings to ensure your products are visible to potential customers.
CEO Tip: Use tools like MerchantWords to discover valuable keywords for your products.
Your conversion rate is a critical metric that indicates how effective your product listings are at turning visitors into buyers. A high conversion rate can significantly boost your rankings on Amazon. To improve your CR, focus on optimizing your product images, descriptions, and pricing. Additionally, consider running Amazon PPC campaigns to increase product visibility.
CEO Tip: Ensure that the keywords you're targeting are relevant to your products, as this can improve your conversion rate.
Positive customer reviews and high ratings are essential for building trust with potential buyers. Encourage satisfied customers to leave reviews, respond promptly to customer inquiries, and address negative feedback professionally. Amazon rewards products with higher ratings and more reviews by ranking them higher in search results.
CEO Tip: Solicit reviews from customers using Amazon's Buyer-Seller Messaging system.
Amazon rewards sellers who consistently maintain healthy inventory levels and fulfill orders promptly. Running out of stock can negatively impact your rankings, so monitor your inventory levels closely. Consider using Amazon's Fulfilled by Amazon (FBA) service for reliable order fulfillment and faster shipping.
CEO Tip: Here at Mayan, we’ve built our Inventory Optimization solution, which provides sellers with projected inventory based on sales and advertising data. This keeps sellers from ever having to pause ads unexpectedly and losing out on months of hard-earned sales velocity. The best part? It's FREE!
Your click-through rate measures the percentage of customers who click on your product listing after seeing it in search results. To increase your CTR, craft compelling and eye-catching product titles and images. Experiment with A/B testing to find the most effective listing elements.
CEO Tip: Utilize Amazon's A+ Content feature to create enhanced product listings that stand out and capture potential customers' attention.
By focusing on these metrics and continuously improving your product listings, customer service, and inventory management, you'll not only improve your Amazon rankings but also build a thriving FBA business that stands the test of time.