7 Reasons Why You Need a Website for Your Amazon FBA Business
Many online sellers begin with Amazon as their
single distribution channel. This comes as no surprise, considering the fact
that the eCommerce giant makes it very easy for entrepreneurs to start an
online business with the FBA model. In addition, Amazon’s audience is unmatched
compared to anywhere else on the internet - according to research, more than
45% of online buyers start their search on Amazon.
Starting an Amazon FBA business is just the first step in
building your eCommerce empire. For starters, if you only sell a couple of
products, the Amazon-only approach is just fine. But if your goal is to grow
your business and build a brand, you definitely need to consider expanding your
online presence by launching a website for your Amazon FBA business. You need
to think long-term if you want your business to reach new highs.
In this article, we’re discussing why your own
branded website is a must-have in the long run.
7 Reasons Why You Need a Website for Your Amazon FBA Business |
Image source: Unsplash
1. Build a Brand
Did you know that most people who shop on
Amazon think that they’re buying from Amazon even though it is your products
they’re buying? In other words, Amazon gets credits for the products you sell
and as a seller, you have no brand equity. Amazon only offers a small link
on the product detail page through which shoppers can view your store and
brand.
This makes building your brand on Amazon
almost impossible. On the other hand, you need a strong brand in order to beat
the fierce competition and make sure Amazon shoppers choose your products over
your competitors’. The best way to achieve this is by building your own
website.
A professionally made website combined with
marketing efforts and SEO can help you build a recognizable brand that is on
top of customers’ minds.
2. Build Relationships with Your Customers
As a seller on Amazon, you cannot communicate
with shoppers, engage with them, request to follow you on social media or build
relationships with them. Having your own website is the best way to change
this.
Your website will provide you with the means
to get in touch with your customers, which opens up amazing marketing
possibilities. As a result, your customer retention rates will improve on both
Amazon and your site. Why is this important? Because loyal customers are the
best type of customers and acquiring new ones can cost up to 25 times more.
3. Get Access
to Valuable Data
Even though you have access to analytics data
on Amazon, this data is not as thorough as your website’s analytics. For
instance, on Amazon, you can view the session, orders, conversions, and sales,
whereas on your site, you can also get details about which pages your customers
visit most frequently, how long they stay on certain pages, etc.
This detailed data will help you create a
better customer experience on your site, but you can also use it to optimize
your Amazon store.
4. Earn Extra Income
Of all U.S. online sales ($393 billion), 55%
is sold through branded stores and the rest via marketplaces like Amazon.
Having a website gives you an opportunity to earn a share of that 55% of
shoppers buying only through branded sites.
With more than 90% of people using multiple
channels when shopping, the least you can do is launch a website. Moreover,
you’ll be able to boost your visibility, and increased visibility means more
sales.
5. Extend Your Reach Beyond Amazon
Today, about 30% of all online sales are
directly attributed to advertising and social media platforms such as Google
Adwords and Google Shopping, Facebook Ads and Facebook Retargeting, YouTube,
Instagram, Pinterest, and comparison shopping engines (Shopping.com, Shopzilla,
etc.).
When you own your own site, you can come up
with a marketing strategy that will help you drive traffic directly to your
site and keep 100% of the profits. Of course, you can always buy ads for your
Amazon listing but by doing so, you’re still building up Amazon’s brand, not
your own. In addition, you won’t be able to track your conversions.
7 Reasons Why You Need a Website for Your Amazon FBA Business |
Image source: Unsplash
6. Have More Product Flexibility
When you list a product on Amazon, you have to
follow their list of procedures and fields. For instance, there’s no way to add
extra elements to your listing, such as videos, or personalize your products.
But when you have your own website, you can display your products in the best
way you see fit. In other words, you can rely on your creativity and visual merchandising
efforts to drive sales.
You can test the effectiveness of your
merchandising efforts with split testing and website monitoring using tools
like HotJar and Optimizely.
7. Your Site Is Your Safety Net
Hundreds of Amazon accounts get suspended due
to black hat tricks or policy infringement every day. Just recently, during the
worst weeks of the coronavirus pandemic, sellers couldn’t sell and ship
products, even when there was a demand. What if something similar happens to
you?
Your site will be your safety net in case your
account gets suspended and you lose your Amazon customer base. Although your
website may lag in sales at first, as you build your brand and customer
relationships, shoppers will soon start to seek you out directly.
Final Thoughts
Having an Amazon store and your own website
means having more opportunities to expand your audience and sell more products.
Of course, handling two channels at the same time can seem somewhat
overwhelming but the rewards are great. In the long run, you have to think
about developing your brand and creating a business that’s built to last.
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