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Steven Pope

πŸ‘€ Speaker
5136 total appearances
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Appearances Over Time

Podcast Appearances

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So a supplement, a food product,

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

anything like that.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

Subscribe and save coupons are ones where you essentially get somebody or entice somebody to purchase, but only from a subscribe and save standard, right?

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

With the idea that Amazon's giving 5% and then you're giving an additional 25%.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So they are going to be locked in to a 25% discount, right?

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

As a whole.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So 10% plus the 15 on repeat deliveries,

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

they are going to be locked in to a 15 to 25% discount forever, right?

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

Until they obviously cancel.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

And this is where it's essentially trying to bring down what your overall customer acquisition cost is in lieu of a lower customer lifetime value over time.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

Now, if we look at, let's say, so you'll notice here, we have a couple of different ones.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

We have a save 8% and up to 50% off.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So these are two different types of promotions that we actually have.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So whenever we're doing a promotion like this, it's kind of interesting because I think a lot of people don't tend to do these super often, but it's something that I'm always going to encourage you.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

But this is what we would consider to be a specific type of deal promotion.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So these type of deal promotions you can create in several different ways.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

They're asking the difference between these.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So obviously, we were just talking right about the idea of a coupon.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

Coupon is very different comparatively to this, which this right here, again, is a form of promotion.

My Amazon Guy
4 Pillars of Amazon Growth Masterclass - Every Amazon Seller Should Watch

So if we actually come over to Amazon, again, if we go to the advertising, we have these five different types of either promotions.