SlideShare a Scribd company logo
1 of 17
#MonCon




MonCon WEST | October 10–12, 2012
#MonCon




               Amazon Best
               Practices




Presented by Genny Rapp
 Strategic Client Manager
   Monsoon Commerce


                       MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings

today’s        Shipping Rates


   AGENDA
               Fulfillment By Amazon
               Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Customer Satisfaction                                                                     #MonCon




Stalk Your Amazon Account…Daily (minimum)

Pay Obsessive Attention to Performance Targets:
   Order defect rate (ODR)*: <1%
   Pre-fulfillment cancellation rate: <2.5%
   Late shipment rate: <5%




          *Order Defect Rate: An order has a "defect" if it incurs a negative feedback, an
          A-to-z Guarantee claim or a service credit card chargeback. Your order defect rate
          is defined as the number of orders with a defect divided by the number of orders
          in the time period of interest. Order defect rate is the key measure of your ability
          to provide a good customer experience.

                                                                       MonCon WEST | October 10–12, 2012
Feedback is Critical                                        #MonCon




Monitor feedback closely
   Respond quickly (24 hours)
   Right the wrong – don’t be afraid to refund
   Request that negative feedback be removed


Keep feedback levels higher than 95%

Handle A-Z claims QUICKLY, with patience and care!




                                           MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Competitive Listings                                             #MonCon




Key elements of a competitive listing:
   Price is king!
       Lowest price gets the sale
   Positive feedback rating
   Condition and shipping notes
       Differentiate yourself from the competition




                                                  MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Shipping Rates                                             #MonCon




Set your own shipping rates on consumer goods
   Seller Central/Merchant@ account types only, no media
   Ensure that your Monsoon Pro shipping settings match your
    Amazon account settings
       Item price + shipping is used in dynamic pricing logic


Consider Free Shipping
   Free shipping listings receive rank benefit when total price is
    the same as competitor’s total price
   Can be applied to specific inventory groups
       Will override weight or per-shipment rates indicated in your
        Amazon account
   Utilize item-level shipping surcharge to offset shipping costs

                                                  MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Fulfillment By Amazon                                             #MonCon




Consider Fulfillment By Amazon (FBA)
   Send inventory to Amazon and fulfillment is handled by the
    Amazon Fulfillment Center
   Items in the FBA program are eligible for Amazon’s wildly
    popular Prime and Super Saver Shipping programs
     Super Saver Shipping: Orders of $25 or more of Amazon-fulfilled
      items receive free standard delivery (5-8-days)
     Prime:
       $79 annual fee
       No minimum purchase necessary
       Unlimited free 2-day shipping on Amazon-fulfilled orders
       Overnight shipping for same price as standard (e.g.
         $3.99/book)



                                               MonCon WEST | October 10–12, 2012
Why Use Fulfillment By Amazon?                                                 #MonCon




   Shipping and merchandising
       Only way to enable your listings with the same shipping and
        combined-ordering options as Amazon


   Trusted customer experience
     Amazon’s fulfillment is unparalleled
     Easy customer returns


   Tap into highly loyal Prime Buyer segment
       Prime buyers are more likely to buy FBA items than locally-
        fulfilled items

   “Buy Box” eligibility for new and used media items

   Increased sales and turn rates

                                                  MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Key Takeaways                                     #MonCon




1. Pay close attention to feedback and performance
   targets
    Keep Order Defect Rate <1%


2. Price is King!


3. Customize your shipping rates


4. Consider Fulfillment By Amazon



                                    MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Q&A                                #MonCon




      MonCon WEST | October 10–12, 2012
#MonCon




                                           Genny Rapp
                                           (e) grapp@monsooncommerce.com
                                           (p) 971-255-5871

          thank you!                       monsooncommerce.com




Please visit www.monsooncommerce.com/moncon to download a copy of this presentation,
         see pictures and videos, and tell us what you think about the conference.
                                                       MonCon WEST | October 10–12, 2012

More Related Content

Similar to Amazon Best Practices

Testing Your Creative: Small Changes with Big Effects
Testing Your Creative: Small Changes with Big EffectsTesting Your Creative: Small Changes with Big Effects
Testing Your Creative: Small Changes with Big EffectsHanapin Marketing
 
Sage-Value Pricing Boot Camp
Sage-Value Pricing Boot CampSage-Value Pricing Boot Camp
Sage-Value Pricing Boot CampEd Kless
 
Vermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic Brian
Vermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic BrianVermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic Brian
Vermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic BrianBrian Jones
 
How to win the Amazon Buy Box
How to win the Amazon Buy BoxHow to win the Amazon Buy Box
How to win the Amazon Buy BoxLisa Byrne
 
Digital Wednesday - Marketplaces - Niels Aben
Digital Wednesday - Marketplaces - Niels AbenDigital Wednesday - Marketplaces - Niels Aben
Digital Wednesday - Marketplaces - Niels AbenDigital Wednesday
 
Home Delivery Canada Presentation - Sep 22,2014
Home Delivery Canada Presentation - Sep 22,2014Home Delivery Canada Presentation - Sep 22,2014
Home Delivery Canada Presentation - Sep 22,2014Christian Rodericks
 

Similar to Amazon Best Practices (6)

Testing Your Creative: Small Changes with Big Effects
Testing Your Creative: Small Changes with Big EffectsTesting Your Creative: Small Changes with Big Effects
Testing Your Creative: Small Changes with Big Effects
 
Sage-Value Pricing Boot Camp
Sage-Value Pricing Boot CampSage-Value Pricing Boot Camp
Sage-Value Pricing Boot Camp
 
Vermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic Brian
Vermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic BrianVermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic Brian
Vermont Web Marketing Summit 2012: PPC &amp; Facebook Ad Tune Up Clinic Brian
 
How to win the Amazon Buy Box
How to win the Amazon Buy BoxHow to win the Amazon Buy Box
How to win the Amazon Buy Box
 
Digital Wednesday - Marketplaces - Niels Aben
Digital Wednesday - Marketplaces - Niels AbenDigital Wednesday - Marketplaces - Niels Aben
Digital Wednesday - Marketplaces - Niels Aben
 
Home Delivery Canada Presentation - Sep 22,2014
Home Delivery Canada Presentation - Sep 22,2014Home Delivery Canada Presentation - Sep 22,2014
Home Delivery Canada Presentation - Sep 22,2014
 

Recently uploaded

DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamUiPathCommunity
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Victor Rentea
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWERMadyBayot
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontologyjohnbeverley2021
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FMESafe Software
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...apidays
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...apidays
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDropbox
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native ApplicationsWSO2
 
Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Zilliz
 
[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdfSandro Moreira
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
Corporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptxCorporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptxRustici Software
 
WSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering DevelopersWSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering DevelopersWSO2
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...DianaGray10
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...apidays
 
Platformless Horizons for Digital Adaptability
Platformless Horizons for Digital AdaptabilityPlatformless Horizons for Digital Adaptability
Platformless Horizons for Digital AdaptabilityWSO2
 

Recently uploaded (20)

DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
Understanding the FAA Part 107 License ..
Understanding the FAA Part 107 License ..Understanding the FAA Part 107 License ..
Understanding the FAA Part 107 License ..
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontology
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
 
Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)
 
[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Corporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptxCorporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptx
 
WSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering DevelopersWSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering Developers
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
Platformless Horizons for Digital Adaptability
Platformless Horizons for Digital AdaptabilityPlatformless Horizons for Digital Adaptability
Platformless Horizons for Digital Adaptability
 

Amazon Best Practices

  • 1. #MonCon MonCon WEST | October 10–12, 2012
  • 2. #MonCon Amazon Best Practices Presented by Genny Rapp Strategic Client Manager Monsoon Commerce MonCon WEST | October 10–12, 2012
  • 3. #MonCon  Customer Satisfaction  Competitive Listings today’s  Shipping Rates AGENDA  Fulfillment By Amazon  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 4. Customer Satisfaction #MonCon Stalk Your Amazon Account…Daily (minimum) Pay Obsessive Attention to Performance Targets:  Order defect rate (ODR)*: <1%  Pre-fulfillment cancellation rate: <2.5%  Late shipment rate: <5% *Order Defect Rate: An order has a "defect" if it incurs a negative feedback, an A-to-z Guarantee claim or a service credit card chargeback. Your order defect rate is defined as the number of orders with a defect divided by the number of orders in the time period of interest. Order defect rate is the key measure of your ability to provide a good customer experience. MonCon WEST | October 10–12, 2012
  • 5. Feedback is Critical #MonCon Monitor feedback closely  Respond quickly (24 hours)  Right the wrong – don’t be afraid to refund  Request that negative feedback be removed Keep feedback levels higher than 95% Handle A-Z claims QUICKLY, with patience and care! MonCon WEST | October 10–12, 2012
  • 6. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 7. Competitive Listings #MonCon Key elements of a competitive listing:  Price is king!  Lowest price gets the sale  Positive feedback rating  Condition and shipping notes  Differentiate yourself from the competition MonCon WEST | October 10–12, 2012
  • 8. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 9. Shipping Rates #MonCon Set your own shipping rates on consumer goods  Seller Central/Merchant@ account types only, no media  Ensure that your Monsoon Pro shipping settings match your Amazon account settings  Item price + shipping is used in dynamic pricing logic Consider Free Shipping  Free shipping listings receive rank benefit when total price is the same as competitor’s total price  Can be applied to specific inventory groups  Will override weight or per-shipment rates indicated in your Amazon account  Utilize item-level shipping surcharge to offset shipping costs MonCon WEST | October 10–12, 2012
  • 10. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 11. Fulfillment By Amazon #MonCon Consider Fulfillment By Amazon (FBA)  Send inventory to Amazon and fulfillment is handled by the Amazon Fulfillment Center  Items in the FBA program are eligible for Amazon’s wildly popular Prime and Super Saver Shipping programs  Super Saver Shipping: Orders of $25 or more of Amazon-fulfilled items receive free standard delivery (5-8-days)  Prime:  $79 annual fee  No minimum purchase necessary  Unlimited free 2-day shipping on Amazon-fulfilled orders  Overnight shipping for same price as standard (e.g. $3.99/book) MonCon WEST | October 10–12, 2012
  • 12. Why Use Fulfillment By Amazon? #MonCon  Shipping and merchandising  Only way to enable your listings with the same shipping and combined-ordering options as Amazon  Trusted customer experience  Amazon’s fulfillment is unparalleled  Easy customer returns  Tap into highly loyal Prime Buyer segment  Prime buyers are more likely to buy FBA items than locally- fulfilled items  “Buy Box” eligibility for new and used media items  Increased sales and turn rates MonCon WEST | October 10–12, 2012
  • 13. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 14. Key Takeaways #MonCon 1. Pay close attention to feedback and performance targets  Keep Order Defect Rate <1% 2. Price is King! 3. Customize your shipping rates 4. Consider Fulfillment By Amazon MonCon WEST | October 10–12, 2012
  • 15. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 16. Q&A #MonCon MonCon WEST | October 10–12, 2012
  • 17. #MonCon Genny Rapp (e) grapp@monsooncommerce.com (p) 971-255-5871 thank you! monsooncommerce.com Please visit www.monsooncommerce.com/moncon to download a copy of this presentation, see pictures and videos, and tell us what you think about the conference. MonCon WEST | October 10–12, 2012