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

FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhisoniya singh
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesSinan KOZAK
 
SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024Scott Keck-Warren
 
How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?XfilesPro
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsEnterprise Knowledge
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationMichael W. Hawkins
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticscarlostorres15106
 
AI as an Interface for Commercial Buildings
AI as an Interface for Commercial BuildingsAI as an Interface for Commercial Buildings
AI as an Interface for Commercial BuildingsMemoori
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
Key Features Of Token Development (1).pptx
Key  Features Of Token  Development (1).pptxKey  Features Of Token  Development (1).pptx
Key Features Of Token Development (1).pptxLBM Solutions
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphNeo4j
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking MenDelhi Call girls
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksSoftradix Technologies
 
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...shyamraj55
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 

Recently uploaded (20)

FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen Frames
 
SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024
 
How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
 
AI as an Interface for Commercial Buildings
AI as an Interface for Commercial BuildingsAI as an Interface for Commercial Buildings
AI as an Interface for Commercial Buildings
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
Key Features Of Token Development (1).pptx
Key  Features Of Token  Development (1).pptxKey  Features Of Token  Development (1).pptx
Key Features Of Token Development (1).pptx
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other Frameworks
 
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 

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