What events are there during Q4 on Amazon?
To start off, let’s give you an overview of the different events that Amazon organizes during Q4. Depending on where you are based in the world or depending on your brand’s international reach, there are different events that may interest you.- Culture Day in Japan – November 3
- Diwali in India and Singapore – November 4
- Labor Thanksgiving Day in Japan – November 23
- Thanksgiving Day in the US – November 25
- Black Friday – November 26 – November 28
- Cyber Monday – November 29
How to prepare for Q4 2021 on Amazon – Checklist
What steps should you take to make sure you are ahead of the 2021 holiday season? Here are eight steps to follow to help you prepare for all events including Black Friday and Cyber Monday 2021:- Review the inventory storage limits
- Order enough stock to meet seasonal demand
- Ship your inventory by critical dates
- Optimize your product listings
- Optimize your PPC campaigns
- Get in Touch with Influencers
- Organize your promotions
- Track sales and performance
1. Review the inventory storage limits
First, we recommend that you determine if you are subject to inventory storage limits or inventory restrictions at the ASIN level. This is an important step because it will determine how much inventory you can send to Amazon’s warehouses. JungleScout actually has a great Inventory Manager tool that helps you forecast your sales and inventory needs. By signing up for Jungle Scout through this link you also get a great discount!
2. Order enough inventory to meet seasonal demand
Start working with your suppliers as soon as possible so that you have sufficient time between the production of your product and the delivery date. Doing this step well in advance will give you enough time in case of unexpected problems that might arise. Compare your sales from last year with those of the last few months. Did your sales increase in 2020? Do your sales usually increase during the holiday season or do they stay the same? We recommend you do it at least 7-9 weeks before the event. Consider that 2021 has been a tricky year too because of freight shipping: some routes have major delays, so do make sure you prepare your shipments well in advance. If you need tips on how to optimize freight shipping costs and times then check out our article dedicated to the topic.3. Ship your inventory to FBA by critical cut-off dates
Based on the dates Amazon provided last year, here’s a timeline for 2021 you can follow to make sure your FBA inventory is received in time for Prime Day, Black Friday, Cyber Monday, and Christmas time. You have to plan ahead everything, starting this October, if you want to succeed this Q4.4. Optimize your product listings
Make sure your listing is the best it can be. The two key factors you should focus on are keyword optimization and image optimization.- Optimization of keywords
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5. Optimize your PPC campaigns
Make sure your ads are optimized for conversions and that you’re not wasting money on keywords that generate little or no sales. In other words, remove keywords that spend more than your Advertising Cost of Sales (TACoS) threshold and those that don’t convert to sales. We do suggest you to analyze your data properly: also look at your TACoS. At first sight your campaigns may not perform well, but it is highly possible that they generate organic sales too. So be cautious and don’t stop keywords too early – allow them to generate enough data to make a thoughtful decision. Make sure your ads are consistently running before, during, and after Black Friday and Cyber Monday. You will notice a large influx of customers shopping at all times during these weeks, so make sure your products are showing at the top of the search results! If you’re limited on time when it comes to optimizing your PPC campaigns, we suggest you to look into a tool such as Sellics. As Sellics says themselves: Sellics Smart Campaigns automate your advertising from campaign setup to ongoing optimization. Our AI-based algorithms leverage keyword clustering, sales forecasting, seasonality models and more. We highly suggest this tool to FBA Sellers that don’t want to outsource their campaigns, don’t have too much time to optimize them themselves, but do want great results. Through our link, you even get a nice discount! Another thing you should do is to track the high-volume keywords of products similar to yours, and then target their ASINs by utilizing Amazon Sponsored Ads. To track keywords, we suggest to use Zonguru’s KOF (Keyword on Fire) get it here with an exclusive discount ($1 for the first month!).
6. Get in Touch with Influencers
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7. Plan your promotions
Black Friday and Cyber Monday are all about big deals and customers saving money on their favorite products. To be successful during these huge sales events, you need to offer some kind of discount or bargain to increase conversions. Amazon differentiates the offers offered during the Black Friday period. There are different deals and promotions, of which these are the most successful ones:- Lightning Deals: your user doesn’t have the opportunity to think about your purchase because they have a short deadline. Time passes quickly and the speed in deciding the purchase is a psychological trick to make people buy your products.
- Best Deals: these deals are great for any kind of product, from televisions to epilators, from drills to pellet stoves. These deals can run up to two weeks long.
- Coupons: Amazon offers Sellers the ability to place coupons on a single ASIN, or a group of ASINs. Customers can discover coupons through the: coupon home page, search results, product detail page, the offer listings page, in their carts. Amazon also offers performance tracking and audience targeting for coupons.
- Prime Exclusive Discounts: unique and unmissable opportunities that can initially be purchased only by Prime customers. This is an incredible advantage considering the fact that some products run out after a few minutes. For a product to be eligible it must be a Prime shipping eligible FBA product, it must have at least a 3.5-star rating (or no rating), and there are other pricing requirements to adhere to.
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t-weight: 400;”>You can choose to run a 7-day offer, which will promote your offer for seven consecutive days, or a flash offer, a 4-hour flash sale. However, you must be aware that during the week of Amazon Black Friday or Cyber Monday it will cost you more than a normal campaign as there is high competition. If you go into your Seller Central account and try and set up a deal, you can see that the cost to execute an offer during the Black Friday week and the Cyber Monday week is at least double the normal fee for lightning deals. Of course, only try deals if you have the budget and your products are performing well.
8. Track Sales and Performance
Finally, always remember that you can’t leave your products to fend for themselves, or you risk losing sales (and thus money). Keep an eye on the performance of your products and make changes to your ads or PPC campaigns as needed. If your inventory runs out at a faster rate than expected, plan to send more inventory to FBA or plan to ship the products yourself using third-party fulfillment or your own warehouse. If your sales are slower than expected, look at your PPC campaigns to see if your bids can be increased for certain keywords. In addition, experiment with different promotional strategies to move inventory faster. You will also need to monitor the status and overall performance of your account. Take care of any problems that arise immediately so that there is no downtime for your listings.