TAS 378: Amazon's NEW Early Incentivized Review Program and What Does This MEAN for Sellers?
Have you noticed Amazon’s recent roll out of their new early incentivized review program? If you didn’t notice it, you aren’t alone! Amazon kind of quietly rolled out this new program that could make a huge impact for non-brand registered Amazon sellers. On this episode of The Amazing Seller, Scott and Chris break down what the new program does, how impacts sellers like you, how you should respond, and they also go over some key information regarding brand registry. If you want to make sure you are up to date on all the latest Amazon news and how it impacts your business, don’t miss this episode!
What is Amazon’s New Review Program?The first thing that you need to know when getting all the details on Amazon’s new incentivized review program is that for right now, it is only available to brand registered sellers. On this episode of The Amazing Seller, Scott and Chris go through a rundown of all the known details of this new Amazon review program. If you want to get started with this program you just have to pay a one-time fee of $60 per SKU and they will do all the legwork of tracking down your products buyers and incentivise them toward leaving a review on your product listing as long as it has fewer than five reviews. This incentive is anywhere between a $1 and $3 Amazon credits paid to the reviewer by Amazon. To get more details on this program, make sure to listen to this episode!
How does this affect your email list strategy?An important factor to consider when looking into whether you should participate in the new Amazon review program is how it will impact your email list strategy. Will you still be able to offer discounts and promotions via codes and still utilize this new Amazon program? On this episode of The Amazing Seller, you’ll hear from Scott and Chris as they cover how your current email list methodology will be impacted by this new program. This is an important factor to consider as you build momentum with your product launch, it may even cause you to hold off on launching your product with the timeline you currently have put together. Scott also makes the point that this could impact your PPC strategy as well. To hear Scott and Chris dive deeper into this topic, don’t miss this episode!
Does it help to FREAK OUT??One thing that never changes about Amazon is that it never stops changing. You might have to read that a second time… The point is, Amazon is constantly changing and evolving for buyers and sellers. Is this new review program kind of startling and frustrating in light of their recent crack down on paid reviews? Of course, it is! But is it productive to get upset and bothered by it? NO! Don’t let this change or bump in the road knock you off course. Stay focused on what matters and how you can make the most out of this situation to grow and improve your business. To help you gain a better perspective on this new Amazon review program, make sure you listen to what Scott and Chris have to say on this episode of The Amazing Seller!
Amazon’s Brand RegistryDid you know that as of this writing, Amazon has reopened applications for its brand registry program? One of the big changes since the last time they were accepting applications is that this time around, you have to have a registered trademark for your product. This route is more for the individuals who are ready take their products and build a brand for the long term. If you are still in that phase where you just want to launch and test some products, this is not the best option for you to spend your time and resources on. To hear more about how Amazon’s brand registry program works and to find out if it’s a good fit for you to pursue, make sure to catch Scott and Chris on this episode of The Amazing Seller!
OUTLINE OF THIS EPISODE OF THE AMAZING SELLER [0:03] Scott’s introduction to this episode of the podcast! [2:30] Chris breaks down Amazon’s new Incentivized Review Review Program. [14:00] How will this new program affect efforts with email lists and special offers? [16:00] Responding to the roll out of this new program. [23:00] Does it help to FREAK OUT? [26:30] What you need to know about brand registry. [35:30] Scott recaps the new review process and brand registry. RESOURCES MENTIONED IN THIS EPISODE Bridge of Spies Brandregistry.amazon.com
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