In today's ecommerce landscape, there is growing competition on marketplaces, making it harder for brands to standout on marketplaces like Amazon. So, every advantage you can gain to set you apart from any other listing is crucial to help you win clicks and grow your sales.
At Pattern, we know that brand profitability is influenced by four aspects of the ecommerce equation: price, availability, conversion, and traffic. When you optimize for these areas, your product sales will most likely grow on any marketplace. Partnering with hundreds of global brands, we know an advantage worth pursuing on Amazon that directly connects to the ecommerce equation is the Best Seller badge.
Amazon’s Best Seller badge is a designation given to a product ranked as the #1 seller in its category. And although the exact formula used to calculate the winner remains a mystery, we know that pricing changes, promotions, and competitive products influence Best Seller Rank (BSR) and your ability to achieve the Best Seller badge. And BSR’s biggest influence is customer sales trends and historical sales volume.
It’s also good to know that BSR is updated hourly. But, because it’s calculated using both sales trends and historical volume, BSR can stay fairly static. For example, just because a product has 10 units of sales in one hour and drops to 1 unit of sales in the next, it doesn’t mean the BSR will automatically fall. Winning the badge takes consistent effort in optimizing your sales volume, but it’s worth it for success in your long-term strategy.
The best thing about the Best Seller badge is that there’s one for every category and subcategory on Amazon. This is impactful because there’s much more room to compete for the badge and succeed than many brands think. If the badge was only available for Amazon’s 36 main categories, the sheer number of available products compared with the vastly lower number of badges would make attaining the #1 spot for a product’s category a daunting task for most brands.
But, with the many more opportunities available to win, the badge is much more achievable. Competing products that share a category can both possess the Best Seller badge if they’re winning under different subcategories, helping brands gain leverage over competitors and momentum in winning sales.
One of Pattern’s key advantages for brands is our data-driven approach to ecommerce success. Our proprietary technology is specially tailored to find key niches for products to gain ground on Amazon and across global marketplaces. For things like achieving Best Seller badge, we help brands analyze subcategory options, determine products’ competitive ability, and then identify the best opportunities for them to start growing their rankings and stand out to consumers.
Amazon’s Best Seller badge is important to your brand and products because it drives more traffic to your listings, a key component of the ecommerce equation that drives profitability. Best Seller badge products not only show up higher on search pages, they increase your glance views by an average of 45%.
There’s a reason Amazon issues a Best Seller badge in the first place—your sales make them more successful. And showing consumers top products for their searches with an eye-catching graphic helps to draw eyes and communicate value fast. As you funnel more traffic to your listings, you’ll increase momentum for your products’ success in the ecommerce equation.
We also know that the Best Seller badge increases conversions, though not as dramatically as it does traffic. Products with the badge tend to experience a 3% increase. And every win in conversions strengthens your products’ profitability.
It’s also worth keeping in mind, too, that ecommerce conversions are a difficult win to come by—it’s hard to convince a person that they should purchase something they can’t feel with their own hands or try before buying. Users have limited ways of developing trust with your product in their short decision-making period, and having the Best Seller badge, like having mostly positive reviews and great creative assets, is a valuable way to reinforce the message that your product really is worth buying.
At Pattern, we know what it takes to achieve your potential profitability. We have the historical success with hundreds of global brands and true expertise to be able to say with certainty that when you optimize your traffic, conversion, price, and availability for your products, you can grow your performance on any ecommerce marketplace.
And, partnered with our data insights, proprietary technology, and seasoned teams, we can help you succeed wherever your ecommerce strategy takes you.
Contact us to optimize your success on Amazon and achieve your Best Seller badge.
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Entering the ecommerce landscape is a huge undertaking for any brand—it usually requires a large investment in resources and expertise to really be successful. Any brand can quickly get in over their heads trying to navigate the nuances of SEO, fulfillment and logistics, distribution control, listing optimization, and meeting the numerous other requirements and administrative tasks to show up well on marketplaces.
Unfortunately, because it’s so easy for third party, gray market, and unauthorized sellers to obtain and sell products online, many brands find themselves pressured to execute an ecommerce plan without the right resources to succeed on marketplaces and their other channels.
So, for brands looking to enter the ecommerce space or improve their current and future performance, it makes sense to partner with an ecommerce consultant.
Pattern’s global presence and proven success with hundreds of brands has allowed us to develop highly effective ecommerce consulting services. We can guide your brand to navigate issues both large and small in marketplaces worldwide. To maximize your ecommerce efforts, you’ll need to understand what an ecommerce consultant does and how to select one who drives the right value for your brand and products.
An ecommerce consultant is a specialist in the ecommerce space who can give you personalized guidance on how to market your products and grow their presence on digital marketplaces.
An ecommerce consultant should be able to analyze your brand, audience, category, opportunity, and current roadblocks and help you understand how to utilize your resources (or what resources are missing) to be most effective in capturing your opportunities in the ecommerce space.
Not sure how to evaluate a consultant? Here are 4 key attributes to look for as you make your choice.
At Pattern, we prioritize brand obsession for a reason—we know that a brand-centered mindset makes a crucial difference in the outcomes and results our partners achieve. So in our experience, when you begin your search for an ecommerce consultant, it’s important to look for a partner who is specialized in ecommerce, invested in the product, and passionate about helping brands build and improve their strategies. Typically, this means finding someone that consults exclusively for ecommerce marketplaces, rather than choosing a consultant who offers many different services.
It’s also important to avoid choosing a consulting partner who can’t deliver the right experience for your brand. The best indication of whether your potential consultant can do that is to review their history, data, and results with other brands. Ask if they’ve helped others in your selling category, if they’ve solved specific issues your brand is facing, and why they feel you are a good fit. The key is to leave the conversation feeling confident that you understand your consultants’ capabilities and whether or not they match up with your needs.
It’s best to pick a consultant who knows how to guide a brand onto and through multiple marketplaces worldwide. You’ll want to take a look at your long-term strategy and think about the regions and platforms you’re currently on and where you might want to take your brand in the future. If your consultant is truly great at what they do, they’ll be able to help you perform well enough with your current product roadmap that it’ll be a no-brainer to expand your presence at the right time.
The most effective partnership with an ecommerce consultant will be able to give you both recommendations and point you to solutions for making those changes in your planning, processes, and execution. Your time and money is valuable, so you want to make sure that you’re spending it as efficiently as possible as you follow your consultant’s advice. So, before you commit to an ecommerce consultant, ask about the resources and concrete solutions they typically recommend to the brands they work with.
Finding an ecommerce consultant that checks the boxes can be a difficult task. At Pattern, our entire focus and drive centers around giving brands the tools and resources they need to succeed on domestic and international ecommerce marketplaces.
With over 100 global ecommerce consultants across 10 global offices, we have the right tools to partner with brands across the world to achieve better ecommerce success. We give specialized advice, then make sure our partners have all the adequate SEO, social media, CRM, Amazon multi-channel fulfillment services, and ecommerce outsourcing services they need.
Interested in ecommerce consulting services? Set up a call here to learn what Pattern can do for your brand on global marketplaces.