The sheer eCommerce power and scale of Amazon makes it a compelling choice of sales channel. But competition there is fierce, and customers aren’t infinite. Knowing how your brand is perceived on this critical platform can provide actionable insights across your whole business.
Brand monitoring is the process of gathering data about your company and using it to inform your eCommerce strategy. Amazon gives brands plenty of tools to analyse their performance on that one platform. So much so, that Amazon brand monitoring can become a whole job in itself.
The benefits of Amazon brand monitoring include:
If your brand gets approved by the Amazon Brand Registry, you can start using Amazon Brand Analytic for eCommerce reports. Formerly known as Amazon Retail Analytics, it lets you examine elements like customer behavior, search traffic, and the competitive landscape.
The Amazon Brand Registry is open to brands who own a registered trademark. Registering one of those can take a while, but actually using it to get onto the registry is a fast process. It’s generally a worthwhile use of time though. Access to Amazon Brand Analytics lets you see exclusive data points not visible to other brands.
What reports can you run in Amazon Brand Analytics?
eCommerce brands can use Amazon Brand Analytics to run six reports, and access its search analytics dashboard. The dashboard shows you the search terms being used to find your products, and how your sales funnel is performing. The reports include:
Your brand’s eCommerce goals will determine your exact perfect mix of key performance indicators (KPIs) to track. But the power of Amazon Brand Monitoring makes it particularly well suited to examining some important metrics:
With a solid grasp of Amazon brand monitoring, you can start optimizing your product line-up. It gets easier to satisfy Amazon’s specific requirements and best practice recommendations. Plus, easier reporting makes it easier to set goals and know when you’ve hit them.
Talk to ChannelSight about growing faster on one of the planet’s most powerful sales channels.
