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#MonCon




MonCon WEST | October 10–12, 2012
#MonCon




               Amazon Best
               Practices




Presented by Genny Rapp
 Strategic Client Manager
   Monsoon Commerce


                       MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings

today’s        Shipping Rates


   AGENDA
               Fulfillment By Amazon
               Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Customer Satisfaction                                                                     #MonCon




Stalk Your Amazon Account…Daily (minimum)

Pay Obsessive Attention to Performance Targets:
   Order defect rate (ODR)*: <1%
   Pre-fulfillment cancellation rate: <2.5%
   Late shipment rate: <5%




          *Order Defect Rate: An order has a "defect" if it incurs a negative feedback, an
          A-to-z Guarantee claim or a service credit card chargeback. Your order defect rate
          is defined as the number of orders with a defect divided by the number of orders
          in the time period of interest. Order defect rate is the key measure of your ability
          to provide a good customer experience.

                                                                       MonCon WEST | October 10–12, 2012
Feedback is Critical                                        #MonCon




Monitor feedback closely
   Respond quickly (24 hours)
   Right the wrong – don’t be afraid to refund
   Request that negative feedback be removed


Keep feedback levels higher than 95%

Handle A-Z claims QUICKLY, with patience and care!




                                           MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Competitive Listings                                             #MonCon




Key elements of a competitive listing:
   Price is king!
       Lowest price gets the sale
   Positive feedback rating
   Condition and shipping notes
       Differentiate yourself from the competition




                                                  MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Shipping Rates                                             #MonCon




Set your own shipping rates on consumer goods
   Seller Central/Merchant@ account types only, no media
   Ensure that your Monsoon Pro shipping settings match your
    Amazon account settings
       Item price + shipping is used in dynamic pricing logic


Consider Free Shipping
   Free shipping listings receive rank benefit when total price is
    the same as competitor’s total price
   Can be applied to specific inventory groups
       Will override weight or per-shipment rates indicated in your
        Amazon account
   Utilize item-level shipping surcharge to offset shipping costs

                                                  MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Fulfillment By Amazon                                             #MonCon




Consider Fulfillment By Amazon (FBA)
   Send inventory to Amazon and fulfillment is handled by the
    Amazon Fulfillment Center
   Items in the FBA program are eligible for Amazon’s wildly
    popular Prime and Super Saver Shipping programs
     Super Saver Shipping: Orders of $25 or more of Amazon-fulfilled
      items receive free standard delivery (5-8-days)
     Prime:
       $79 annual fee
       No minimum purchase necessary
       Unlimited free 2-day shipping on Amazon-fulfilled orders
       Overnight shipping for same price as standard (e.g.
         $3.99/book)



                                               MonCon WEST | October 10–12, 2012
Why Use Fulfillment By Amazon?                                                 #MonCon




   Shipping and merchandising
       Only way to enable your listings with the same shipping and
        combined-ordering options as Amazon


   Trusted customer experience
     Amazon’s fulfillment is unparalleled
     Easy customer returns


   Tap into highly loyal Prime Buyer segment
       Prime buyers are more likely to buy FBA items than locally-
        fulfilled items

   “Buy Box” eligibility for new and used media items

   Increased sales and turn rates

                                                  MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Key Takeaways                                     #MonCon




1. Pay close attention to feedback and performance
   targets
    Keep Order Defect Rate <1%


2. Price is King!


3. Customize your shipping rates


4. Consider Fulfillment By Amazon



                                    MonCon WEST | October 10–12, 2012
#MonCon




               Customer Satisfaction
               Competitive Listings
               Shipping Rates
today’s        Fulfillment By Amazon

   AGENDA      Key Takeaways
               Q&A




                    MonCon WEST | October 10–12, 2012
Q&A                                #MonCon




      MonCon WEST | October 10–12, 2012
#MonCon




                                           Genny Rapp
                                           (e) grapp@monsooncommerce.com
                                           (p) 971-255-5871

          thank you!                       monsooncommerce.com




Please visit www.monsooncommerce.com/moncon to download a copy of this presentation,
         see pictures and videos, and tell us what you think about the conference.
                                                       MonCon WEST | October 10–12, 2012

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Amazon Best Practices

  • 1. #MonCon MonCon WEST | October 10–12, 2012
  • 2. #MonCon Amazon Best Practices Presented by Genny Rapp Strategic Client Manager Monsoon Commerce MonCon WEST | October 10–12, 2012
  • 3. #MonCon  Customer Satisfaction  Competitive Listings today’s  Shipping Rates AGENDA  Fulfillment By Amazon  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 4. Customer Satisfaction #MonCon Stalk Your Amazon Account…Daily (minimum) Pay Obsessive Attention to Performance Targets:  Order defect rate (ODR)*: <1%  Pre-fulfillment cancellation rate: <2.5%  Late shipment rate: <5% *Order Defect Rate: An order has a "defect" if it incurs a negative feedback, an A-to-z Guarantee claim or a service credit card chargeback. Your order defect rate is defined as the number of orders with a defect divided by the number of orders in the time period of interest. Order defect rate is the key measure of your ability to provide a good customer experience. MonCon WEST | October 10–12, 2012
  • 5. Feedback is Critical #MonCon Monitor feedback closely  Respond quickly (24 hours)  Right the wrong – don’t be afraid to refund  Request that negative feedback be removed Keep feedback levels higher than 95% Handle A-Z claims QUICKLY, with patience and care! MonCon WEST | October 10–12, 2012
  • 6. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 7. Competitive Listings #MonCon Key elements of a competitive listing:  Price is king!  Lowest price gets the sale  Positive feedback rating  Condition and shipping notes  Differentiate yourself from the competition MonCon WEST | October 10–12, 2012
  • 8. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 9. Shipping Rates #MonCon Set your own shipping rates on consumer goods  Seller Central/Merchant@ account types only, no media  Ensure that your Monsoon Pro shipping settings match your Amazon account settings  Item price + shipping is used in dynamic pricing logic Consider Free Shipping  Free shipping listings receive rank benefit when total price is the same as competitor’s total price  Can be applied to specific inventory groups  Will override weight or per-shipment rates indicated in your Amazon account  Utilize item-level shipping surcharge to offset shipping costs MonCon WEST | October 10–12, 2012
  • 10. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 11. Fulfillment By Amazon #MonCon Consider Fulfillment By Amazon (FBA)  Send inventory to Amazon and fulfillment is handled by the Amazon Fulfillment Center  Items in the FBA program are eligible for Amazon’s wildly popular Prime and Super Saver Shipping programs  Super Saver Shipping: Orders of $25 or more of Amazon-fulfilled items receive free standard delivery (5-8-days)  Prime:  $79 annual fee  No minimum purchase necessary  Unlimited free 2-day shipping on Amazon-fulfilled orders  Overnight shipping for same price as standard (e.g. $3.99/book) MonCon WEST | October 10–12, 2012
  • 12. Why Use Fulfillment By Amazon? #MonCon  Shipping and merchandising  Only way to enable your listings with the same shipping and combined-ordering options as Amazon  Trusted customer experience  Amazon’s fulfillment is unparalleled  Easy customer returns  Tap into highly loyal Prime Buyer segment  Prime buyers are more likely to buy FBA items than locally- fulfilled items  “Buy Box” eligibility for new and used media items  Increased sales and turn rates MonCon WEST | October 10–12, 2012
  • 13. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 14. Key Takeaways #MonCon 1. Pay close attention to feedback and performance targets  Keep Order Defect Rate <1% 2. Price is King! 3. Customize your shipping rates 4. Consider Fulfillment By Amazon MonCon WEST | October 10–12, 2012
  • 15. #MonCon  Customer Satisfaction  Competitive Listings  Shipping Rates today’s  Fulfillment By Amazon AGENDA  Key Takeaways  Q&A MonCon WEST | October 10–12, 2012
  • 16. Q&A #MonCon MonCon WEST | October 10–12, 2012
  • 17. #MonCon Genny Rapp (e) grapp@monsooncommerce.com (p) 971-255-5871 thank you! monsooncommerce.com Please visit www.monsooncommerce.com/moncon to download a copy of this presentation, see pictures and videos, and tell us what you think about the conference. MonCon WEST | October 10–12, 2012