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Amazon Legends Podcast

How to Build a Brand and Beat Competition Without Cutting Price - Jason Boyce - Amazon Legends - Episode #334

20 Aug 2024

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In this week’s episode our guest Jason R. Boyce, CEO and Founder of Avenue7Media, delve into essential strategies for building a strong brand and beating competition without cutting prices. With over 17 years as a Top 200 Amazon Seller, Jason shares insights on optimizing product listings, highlighting unique value, and creating a compelling brand story. Learn how to enhance customer experience, use strategic pricing, and engage effectively with customers. Jason’s 7Avenues Strategy, detailed in his book, exemplifies his dedication to empowering Amazon sellers and brand owners. Don’t miss these actionable tips to elevate your brand and succeed in the Amazon marketplace! Subscribe for more insights from the Amazon Legends Podcast.Takeaways:Optimize Listings: Use high-quality images, compelling descriptions, and targeted keywords to enhance product visibility and appeal.  Highlight Unique Value: Emphasize what sets your brand apart through unique product features or exceptional service. Branding and Storytelling: Develop a strong brand identity and share your story to connect with customers and foster loyalty.  Enhance Customer Experience: Focus on excellent customer service, easy returns, and a seamless shopping experience to build repeat business.  Quality Packaging: Invest in attractive packaging that reflects your brand and enhances the customer experience.  Strategic Pricing: Use strategies like bundling or limited-time promotions instead of cutting prices to maintain value.  Engage with Customers: Build strong relationships through social media and email marketing to understand needs and gather feedback.  Ensure Quality Control: Maintain high product standards to build a positive reputation and reduce returns.  Utilize Data: Use analytics to track performance and make informed decisions.  Quote of the Show:In today's market, the goal isn't to compete for the lowest price. Instead, you should aim to captivate those who are willing to pay more for a premium experience. Speak directly to those who seek connection with the brand, who value quality and are influenced by compelling content. This approach will help you stand out and justify a higher price. Links :Website : https://avenue7media.com/LinkedIn: https://www.linkedin.com/company/avenue7media/LinkedIn: https://www.linkedin.com/in/jasonrboyce/Email     :  [email protected] To Level Up Your Business? Register With Our SponsorsViably is the complete financial solution to help e-commerce business owners extend their cash flow through funding. Viably's revenue-based funding programs are designed to provide online sellers with the funding they need to achieve their business goals. Whether you need to increase your inventory or ramp up your marketing efforts, Viably can help you access the capital you need to succeed.Claim your extra $1,500 when you qualify for $25,000 or more in funding. Go to https://www.runviably.com/legends  and start your application today.

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