Current Performance Metrics:
- Sales Growth: £518k achieved so far in 2024, with an average monthly sales figure of £86.33k.
- Growth Rate: Over 100% increase in monthly sales compared to last year.
- Milestone: The brand is poised to exceed £1M in sales by the end of its third year.
Business Context:
The brand operates primarily on Amazon, with a growing presence in other European marketplaces. The beauty niche is highly competitive, requiring high-quality content and the establishment of authority to succeed.
Key Challenges:
- Low barriers to entry (newer brands often fail due to poor ratings), make it a sensitive and challenging sector to thrive in.
- Previous Year’s Performance: Sales totaled £462k, with an average of £38.5k per month, primarily establishing a baseline for this year’s success.
Strategies for Growth:
1. Extensive Keyword Research
- Leveraged Helium10 and DataDive to conduct deep-dive keyword research.
- Compiled a comprehensive list of high-potential keywords tailored to the beauty niche.
- Focused on gathering and processing meaningful data to inform campaign strategies effectively.
2. Product Listing Optimization
- Refined product titles, bullet points, and descriptions with high-performing keywords.
- Followed guidelines from industry expert Steven Pope to enhance listing quality.
- Result: Higher organic rankings and better conversion rates across the catalog.
3. PPC Campaign Optimization
- Console-Based Adjustments: Identified immediate changes through Amazon’s Ads Console, including bid optimizations and campaign restructuring.
- Search Term Analysis:
- Categorized targets into actionable segments (e.g., high potential, high ROAS, high ACOS).
- Made informed decisions on bid adjustments, placements, and budget allocations.
- SQP Report Utilization:
- Analyzed Search Query Performance reports for the last two quarters.
- Focused on areas with low market share but strong conversions and targets with high sales potential yet untapped in PPC.
- Impact: Enhanced ad efficiency, reduced wasted spend, and maximized ROI
Key Takeaways
- Strategic Keyword Research: Tools like Helium10 and DataDive are invaluable for discovering growth opportunities.
- Listing Optimization: Well-crafted listings drive organic visibility and build customer trust.
- Data-Driven PPC Management: Regular analysis of search terms and market share metrics leads to sustained performance improvements.
- Collaboration: Transparent communication with the client ensured swift implementation of impactful changes.
With the right mix of automation, expertise, and market insights, we’ve successfully positioned this beauty brand for long-term success in a competitive niche.