Gå offline med appen Player FM !
#415 - How to Justify a Premium Pricing Strategy on Amazon (Beyond Just Branding)
Manage episode 465289465 series 2866043
Most Amazon sellers think branding alone lets them charge premium prices, but that’s not the full picture. In reality, two key factors determine if you can charge more: Supply & Demand dynamics and Obvious Perceived Value.
If you don’t get these right, no amount of fancy branding will justify a higher price. Today, I’m breaking down the real strategy behind pricing premium on Amazon and how you can make customers choose your product over cheaper alternatives.
➡️ All of my resources: https://www.andyisom.com/
399 episoder
Manage episode 465289465 series 2866043
Most Amazon sellers think branding alone lets them charge premium prices, but that’s not the full picture. In reality, two key factors determine if you can charge more: Supply & Demand dynamics and Obvious Perceived Value.
If you don’t get these right, no amount of fancy branding will justify a higher price. Today, I’m breaking down the real strategy behind pricing premium on Amazon and how you can make customers choose your product over cheaper alternatives.
➡️ All of my resources: https://www.andyisom.com/
399 episoder
Alle episoder
×
1 #417 - Past sales are a poor predictor of future sales 19:27

1 #416 - As technology and AI advances, this one element will be the deciding factor of your success. 22:20

1 #415 - How to Justify a Premium Pricing Strategy on Amazon (Beyond Just Branding) 33:41

1 #414 - How Tariff Changes Will Shake Up E-Commerce in 2025 – What’s the new strategy? 33:26

1 #8 - Five Years Later: My Amazon FBA Lessons, Mistakes, and Advice 7:13

1 #7 - Scaling Your Amazon Business: Smart Growth Strategies for 2025 9:27

1 #6 - Amazon FBA Legal Guide: Trademarks, Taxes, and Compliance Made Simple for 2025 10:35

1 #5 - The 7 Strategies for Long-Term Amazon Success: Build, Scale, and Stay Organized 11:15

1 #4 - Your First Product Checklist: Suppliers, Samples, and Launch Strategy 8:33

1 #3 - Step-by-Step Guide to Setting Up Your Amazon FBA Account for Success 11:04

1 #2 - Great Execution Turns Ordinary Ideas into Extraordinary Results on Amazon 6:21

1 #1 - Why You Should Start Selling on Amazon in 2025: The Side Hustle That Still Works... If You Do. 7:48

1 Amazon Quick Tip: What is considered a good Click Through Rate? 7:30

1 Amazon Quick Tip: How soon should I aim to have my LLC established? 3:29

1 Amazon Quick Tip: What are the steps you go through when trying to increase your conversion rates on your listing? 14:32
Velkommen til Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.