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Description:
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In this episode of The Ecommerce Braintrust, Kiri Masters, shares updates and reminders related to peak season dates, including Prime Day and Black Friday Cyber Monday. She also discusses a fascinating update about Amazon Marketing Cloud, focusing on three key points: Day Parting Settings, Geotargeting, and AMC Custom Audiences. These best practices offer insights for optimizing advertising strategies and maximizing performance on Amazon. In today’s episode, Kiri talks about: -
Important Dates for Ecommerce Sellers - Reminder to send FBA and Multichannel Fulfillment Inventory to Amazon by October 26.
- Importance of shipping inventory early due to potential carrier backlogs.
- Example of inventory shortage in previous Q4 season.
- Ensuring inventory arrives before cutoff dates to maximize advertising strategy.
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Updates on Amazon Marketing Cloud - Day Parting Settings: Report available in Amazon Marketing Cloud to view performance by hour. Testing showed slight increase in ROAS and Troas during non-midnight to 5 am hours.
- Geotargeting: Focusing on specific areas of states or DMAs can lead to more visibility and better performance. Test combining geotargeting and day parting for optimal results.
- AMC Custom Audiences: Creating an audience of customers who added products to cart but didn't make a purchase. Effective for reminding potential customers about the brand.
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Benefits of Amazon Marketing Cloud - Overview dashboard for analyzing customer journey and conversion paths.
- Audience Insights for understanding shopper demographics, location data, and interests.
- Using AMC Insights to segment targeting and optimize performance.
- Success story of account's performance growth after incorporating AMC before Prime Day.
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Integration of DSP and PPC with AMC - AMC as an advanced reporting package suitable for Amazon DSP users.
- Bringing together data from DSP and PPC to understand their impact on performance.
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