Toothcare Brand
Client
Eco-Friendly Dental Brand
Year
2023
Our agency had the privilege of working with a well-established Dental product brand that had a strong presence in traditional retail but was looking to expand its horizons by venturing into the Amazon marketplace. Their goal was to achieve a seamless transition and a successful launch on this highly competitive platform.
Role
Product Management
Challenges
- Entering a competitive Amazon marketplace.
- Launching the product that competes with other listings that have 500+ reviews.
- Maximizing product visibility.
- Achieving growth within a tight budget.
- Identifying and launching new products that resonated with the Amazon audience.
Our Approach
Our agency took a comprehensive approach to address these challenges:
Results
- For the first year on Amazon (2022), we achieved sales of $240,000, marking a successful entry into the competitive marketplace.
- For the current year (2023) we on track to double sales, with a projected figure of $510,000, showcasing remarkable growth and a strong Amazon presence. A large part of the 100% YoY growth is due to the market research Wheelhouse conducted. Identifying new products to launch and working with brand on optimizing's the products for ecommerce.
- Optimized product listings have consistently ranked higher in Amazon search results, attracting a larger audience.
- Successful PPC campaigns have not only increased product visibility but have also led to a substantial rise in sales and revenue. While being very profitable with a 20% ACOS and Total Advertising Cost of Revenue at 14%
$240K: 2022
Strong Amazon entry with $240,000 sales in their debut year.
$510K: 2023
Set to secure $510,000 this year, the brand's growth trajectory is doubling on Amazon.
20% ACOS, 14% TACoS
With an ACOS of 20% and TACoS at 14%, their ad campaigns masterfully boost profitability.
Impact
In the Brands first year on Amazon, they achieved sales of $240,000, and they are now on pace to double their annual sales to a projected figure of $510,000 in their second year on the platform. Through our strategic approach, extensive advertising strategy, and dedication to optimization, alongside the introduction of new products driven by market research, we've not only driven substantial growth but also significantly expanded the company's Amazon presence, solidifying their success in the competitive Amazon market place.