Benefits of using Amazon Promotions
Promotions are a fantastic way to increase the average order value for your business since promotions usually get people to spend more on one purchase than they would otherwise, and they can also help increase your sales velocity. But this is not all the increase in sales from your promotions will also have a positive long-term effect on your organic search ranking.
So what are the different types of promotions?
Social Media Promo Code
When using this method you will be creating social media codes, sharing promotional offers with your customers so that they have a better chance to get a good deal from you! Offer them the chance to get discounts on specific products and share those offers using social media. Using this type of promotion you create a more targeted promotion. This will allow you to control how it is marketed, and also how customers redeem your offers.
You will receive a unique URL for each promotional code created along with a unique webpage that shows all eligible products and promotion details.
After that is done you just have to share the URL on social media so buyers can use it to redeem offers on Amazon.
Note: Customers can redeem the discount on one eligible unit or multiple units. The total discounted price cannot exceed 80% of the current cost and must not be less than 5%. You are also able to choose how many times a customer can redeem your discount.
Percentage Off
Using this type of promotion you are offering your customers the ability to save money on one or more of your products. Normally by entering a code, they can be single-use (each is unique and can be used only once), group promotions ( where you would use a code like “SAVENOW20” and no limits on how many times it can be redeemed), or no code.
In the Advanced Options, you can set up a tiered discount (buy one unit get 5% off, buy two get 10% off, and so on.)
Note: Also you can customize the messaging on your product page and in the checkout ( this is the message that shows up when someone redeems the promotion)
Buy One Get One
Buy One Get One is a marketing tactic to get your Amazon buyers to purchase. The main idea behind this marketing promotion is to get the customer to buy an item and then receive another item as a bonus as long as both items are within the same category. This helps to drive more sales, increase brand awareness, and provide shoppers with an incentive to buy more products on top of getting a free product. The Amazon BOGO isn’t limited to just this one promotion – think of it as a way to add a little more excitement to any other offers you give. You can do something like Buy 2 Get 1, or Spend $50 on any other items and get one for free.
Note: You’ll need to think about how many items they need to buy and what they’ll receive in return before starting the promotion.
Amazon Coupons
Coupons can be a great way to get more eyes on your product and increase its visibility on Amazon. They’ll also result in more conversions from people landing on your listing. With coupons, you are able to create targeted and compelling promotions for your customers on Amazon. You can use them to discount a flat dollar amount or a percentage off. For eligible single products or an eligible family of products.
These digital Coupons are an easy-to-use tool to promote your products, they will show up through Amazon on Amazon’s deals page, search results, Gold Box deals page as well as on your product detail page.
Just clip the coupon and savings are applied to eligible products when buyers checkout.
Note: Do not forget to set a budget and the time you would like the coupon to run for.