{"id":3711,"date":"2016-02-27T02:10:30","date_gmt":"2016-02-27T02:10:30","guid":{"rendered":"https:\/\/www.junglescout.com\/?p=3711"},"modified":"2020-11-09T16:24:37","modified_gmt":"2020-11-09T21:24:37","slug":"how-to-get-the-1-position-in-amazon-53-days","status":"publish","type":"post","link":"https:\/\/www.junglescout.com\/blog\/how-to-get-the-1-position-in-amazon-53-days\/","title":{"rendered":"How I Got The #1 Ranked Product in Amazon in 53 Days"},"content":{"rendered":"\n

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This article contains expert-led insights from a previous season of the Million Dollar Case Study.<\/span><\/p>\n

MDCS is a free, comprehensive video series by Jungle Scout in which veteran Amazon sellers show budding entrepreneurs how to succeed on Amazon—by actually doing it. The series takes viewers step by step through the process of launching a real product on Amazon in real time—from product research to finding a supplier to advertising.<\/span><\/p>\n

Check out our most current season<\/span> here<\/span><\/a> for the latest information on selling on Amazon. <\/span><\/p>\n

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We (this includes you, dear reader!), are currently selling the top-ranked private label product on Amazon! As of this writing, if you type in “marshmallow sticks” or “bamboo marshmallow sticks”, guess what product you will see as the first result? Yup, some 36” extra long heavy duty wooden skewers perfect for marshmallow s’mores<\/a>!<\/p>\n

Here is the actual proof of that for “marshmallow sticks” in the top ranked position:<\/p>\n

\"marshmallow<\/a><\/p>\n

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And our top ranking for “bamboo marshmallow sticks”:<\/p>\n

\"jungle<\/a><\/p>\n

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So that is pretty cool to see, huh? There is some fluctuation, so we unfortunately are not cemented to the top position….but we did it! So what is the value of the top position? I have not seen any in-depth data about Click Through Rate (CTR) as it relates to position in Amazon’s organic results, but I have seen some interesting data <\/a>relating to CTR in Google’s organic rankings.<\/p>\n

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\"CTR<\/a>
Study by Advanced Web Ranking.<\/figcaption><\/figure>\n

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Unsurprisingly, based on this study, the top result generated the lion’s share of clicks with 31% CTR, more than twice that of the second position. Sure, this is based on behavior on Google and not Amazon, but I still think that it’s applicable. Part of the important criteria in choosing your private label product is that shoppers will be brand-agnostic, meaning that they won’t purchase Jungle Stix<\/em> over Mallo Me<\/em> or another similar product, simply based on the brand name. The organic search results, and whatever is the first result, heavily influences the purchase behavior. So that top spot is so highly coveted, and we have won it!<\/p>\n

In this post, I will outline the key factors that helped us get to the top spot. And it took exactly 53 days to reach that goal, which I think is noteworthy, but fully replicable for you and your private label product.<\/p>\n

Just a quick recap, we are currently selling on average 16-20 units per day, priced at $19.99. For the past month, this translates $9,558 in sales from 480 units in the past month. Mind you, this IS NOT profit, just top line revenue.<\/p>\n

Here is a look at the most recent snapshot from our Seller Central dashboard:<\/p>\n

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\"seller<\/a><\/p>\n

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So let’s get into the 8 step formula for reaching the #1 organic ranking in 53 days so that you can also get your product ranked well from the start:<\/p>\n

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Step 1: Promotional push<\/strong><\/h3>\n

Do you know my favorite dance to bust out at a wedding? The two-step! Why? Because it is so simple and straightforward (I do have my own twist to it though….). I also see that launching a private label product on Amazon is simply a two-stepper: get reviews, and get sales. Also simple and straightforward.<\/p>\n

For my promotional push, I put Jungle Stix on Review Kick*, and have received most of my reviews from there. We currently have 70 reviews for Jungle Stix, and overall a five star rating.<\/p>\n

A quick note on Review Kick*, in case you are wondering: getting reviews from Review Kick is fully within Amazon’s Terms of Service, as they are honest reviews in exchange for discounted products. <\/strong>It is imperative that reviewers leave that disclaimer in the reviews, and as long as that happens (which is required as a policy by Review Kick), everything is kosher.<\/p>\n


\n*Update October 2016:<\/span> <\/strong><\/em><\/h4>\n

Due to changes in Amazon’s Terms of Service addressing incentivized reviews, this method of utilizing promotions to incentivize reviews is no longer allowed. Review Kick has now been relaunched as Jump Send<\/a>, focusing on email communications to help Amazon sellers grow their business. You can still legitimately run promotions, which is a great way to increase sales velocity, but we do not allow any form of incentivized review to ensure this is within Amazon’s TOS. This is still one of the best launch tactics and we still advise running a promotion when launching a new product. <\/em><\/p>\n

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I covered the unit economics of my giveaways here<\/a>, but to recap quickly, I am spending about $12 for each product that I giveaway. I arrived at this figure by calculating the $7 in Amazon Fees based off $19.99 retail price, plus the $7.02 cost per unit (price per unit of my first shipment, my second shipment I was able to get that down to around $5), minus the $1.99 that we “sold” it for on Review Kick. So paying $12 per each promotional product, I definitely want to make sure that I get a good ROI, measured by an actual review for each product that I give away.<\/p>\n

This is a look at my Reviewer Analytics in Review Kick:<\/p>\n

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\"reviewkickscreennew\"<\/a><\/p>\n

There are some interesting figures to see here: there have been 70 products given away on Review Kick (you can see that I have approved 70 reviewers), and of those, 68 have left reviews. At $12 per giveaway, I am quite happy with a 97% giveawaway-to-review ratio! And clearly they are solid five star reviews, more on that in a minute.<\/p>\n

The 70 reviews that we currently have is instrumental in our top spot. Social proof, ie reviews, are so important to the success of your private label product. It improves conversion rates of customers who want verification that their purchase will be worthwhile, and Amazon heavily favors products with positively-reviewed comments from buyers. And the cyclical process goes around: more reviews means that Amazon will be more likely to show your product (assuming that they are decent reviews), and the more people that see your product, the more likely you are to get purchased and reviewed.<\/p>\n

Jungle Stix has also benefitted from getting some high quality reviews: write-ups that include photos, video, and some top-ranked Amazon reviewers (which have a greater influence on the Amazon algorithm than a reviewer with no track record). Furthermore, there are a fair number of reviews that have been considered “helpful” by other customers. Here are some of the examples:<\/p>\n

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\"jungle<\/a><\/p>\n

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All this is to say that the reviews, and the social proof that accompanies the reviews, have helped tremendously in pushing Jungle Stix to the top position so quickly. One of the great thing about Jump Send <\/a>as a seller is that I am able to regulate how many units I give away, and I can approve everyone who I give a promotional product to. Running a giveaway can be pricey as you can imagine with the cost spent for each product, however, it is one of the most important parts of the launch process that I focus on at the start of every product that I launch.<\/p>\n

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Step 2: Manageable Competition<\/h3>\n

When we were doing the initial research, the marshmallow sticks jumped out to me because there were healthy sales, with limited competition. Take a look as a refresher, this is what the top results (displayed in Jungle Scout) for “marshmallow sticks” looked like on October 23rd<\/sup>, 2015:<\/p>\n

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\"marshmallow-jungle-scout-results<\/a><\/p>\n

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As you can see, the top 5 organic results were selling more than 7000 units per month combined (average of 1500 each), and almost $150k in revenue combined. Not too shabby, especially considering that the 3rd<\/sup> ranked product by Perfect Stix had only 16 reviews. I knew I could get my product up ranked up there just on reviews alone, so I knew that the competition was very manageable, especially considering how much sales were up for grabs!<\/p>\n

This is what my assessment was when I was doing initial product research:<\/p>\n