Set minimum and maximum prices together to achieve target margins, drive efficient brand sales for DC Sports for Amazon to sell through inventory, and grow DC Sports through products that were winning the buy box consistently by expanding the advertising funnel.
Step 1:
Determine which products Amazon had inventory for on hand and roughly how many units. We want to ensure these products are featured in campaigns that will spend regardless of winning the buy box.
Why? To push customers to our branded listings regardless of the winning seller to drive sales, grow the brand, and decrease Amazon inventory at Vendor Central.
Step 2:
Determine which products Amazon and resellers would not be able to win the buy box on, and begin creating an optimized advertising funnel in terms of placements for these products to grow our account profitably.
Step 3:
Adjust and optimize! As Amazon sells through their inventory, begin to ensure the advertising placements for that ASIN are set up to capture sales effectively and continue to expand and test new campaigns and placements to find scale opportunities for our products.