Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart

Helium 10
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Mar 12, 2024 • 35min

#543 - VAT, Compliance & International Expansion For Amazon Sellers

International business expert discusses VAT, compliance, and expansion for Amazon sellers. Insights on European market challenges, VAT tax complexity, and strategies for international growth. Advice on starting small, testing waters, and optimizing market receptivity.
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Mar 9, 2024 • 35min

#542 - Brewing a Matcha Empire with Childhood Bonds and Sharp Strategy

Childhood friends create a matcha empire on Amazon FBA, blending legal and business expertise. They share their journey from side hustle to multi-million dollar success. Insights on perfecting matcha blend, Amazon PPC strategies, and maintaining premium product quality.
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Mar 8, 2024 • 35min

Helium 10 Buzz 3/8/24: Amazon SEO Update | How To Save Money With New FBA Inventory Fees

From Amazon SEO updates to Walmart's rush shipping service, this podcast covers it all. Dive into the details of COSMO, Target's new subscription, and Walmart and Amazon's virtual try-on experiences. Find out how Amazon's new chatbot fared and learn about the impact of FBA inventory fees on sellers.
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Mar 5, 2024 • 30min

#541 - Amazon Listing Optimization Gets an Upgrade!

Ever feel like you're playing a game of chess with the Amazon algorithm, constantly striving for that checkmate which is a perfectly optimized Amazon listing? We're peeling back the curtain on the new secret weapon that the Listing Builder by Helium 10 has that could give you that winning edge on the Amazon battlefield. Prepare to be armed with knowledge as we take you through a live optimization of the Project X "coffin shelf" listing, dissecting the art of keyword research to uncover those high-traffic phrases that could propel your product to page one of the marketplace. Marinate your brain in the sauce of Amazon seller strategies as we stir in the nuances of listing optimization and the significance of performance scores to outsmart your competition. The Helium 10 score may not be part of Amazon's official playbook, but it's a valuable benchmark we explain in detail, showing you how to leverage different types of keyword matches to boost that all-important performance score. And it doesn't stop there; we dive deeper, sharing actionable tips on how to strategically position those keywords for maximum impact, ensuring your listing is as tantalizing to Amazon's search algorithm as it is to potential buyers inside the online shopping platform.   In episode 541 of the Serious Sellers Podcast, Bradley discusses: 00:00 - Optimizing Amazon Listings With Helium 10 07:11 - Keyword Analysis for Listing Optimization  14:17 - Amazon Listing Optimization Ranking Score 22:43 - Optimizing Keywords and Phrases on Amazon 25:26 - Analyzing Title Density for Ranking
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Mar 2, 2024 • 46min

#540 - Keyword Research With Amazon Product Opportunity Explorer & Helium 10

Discover the art of keyword research with expert Jason Mclellan, uncovering strategies to boost Amazon product visibility using tools like Helium 10. Learn how to stand out in niche markets, keep listings fresh, and convert clicks into loyal customers. Gain actionable insights on maximizing keyword strategies on Amazon and Walmart, resonating with your audience to drive sales.
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Feb 29, 2024 • 19min

Helium 10 Buzz 2/29/24: TikTok Shop On Google | Amazon Posts to Sponsored Brand Ads

We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. TikTok Shop listings are surfacing on Google Shopping https://www.modernretail.co/technology/tiktok-shop-listings-are-surfacing-on-google-shopping/ New Feature: Now advertisers can convert high-performing Posts into Sponsored Brand Ads. https://www.linkedin.com/feed/update/urn:li:activity:7166461642057142272/ Chinese TikTok experts are teaching Americans how to sell https://restofworld.org/2024/china-livestream-studios-train-tiktok-influencers-in-us/ Top Amazon aggregator Thrasio files for bankruptcy https://www.cnbc.com/2024/02/28/top-amazon-aggregator-thrasio-files-for-bankruptcy.html Monthly Fees May Be Coming to Etsy https://www.ecommercebytes.com/2024/02/25/monthly-fees-may-be-coming-to-etsy/ The episode continues to buzz with discussions around the benefits of the Helium 10 Elite program, including expert training and exclusive networking events. Plus, don't miss out on the insider scoop about Helium 10's new feature enabling price adjustments directly from the Insights Dashboard. We also encourage our community of Spanish and German speakers to connect through upcoming networking calls, ensuring a global touch to our Amazon selling conversation. Tune in for these fascinating updates and more, as we provide sellers with the tools and knowledge to thrive in the ever-evolving world of online commerce. In this episode of the Weekly Buzz by Helium 10, Bradley covers: 01:10 - TikTok Shop On Google 02:47 - Amazon Posts > SB Ads 03:50 - TikTok Live Streaming 07:46 - Thrasio Bankrupt 09:23 - New Etsy Seller Fee? 10:10 - Join Helium 10 Elite 11:06 - Spanish Networking Calls 11:47 - German Networking Calls 12:00 - New Feature Alerts 15:04 - Pro Training Tip: Reverse-Engineer Your Competitor's PPC Strategy ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup  (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript Bradley Sutton: TikTok shop listings showing up in Google results. Amazon posts can be now made into sponsor brand ads. The most famous Amazon aggregator has filed for bankruptcy. These stories and more on this week's Weekly Buzz. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our Helium 10 Weekly Buzz, where we give you a rundown on all the news stories and goings on in the Amazon, Walmart, e-commerce world and we also let you know what new tools that Helium 10 has released. And we also give you a training tip of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing For two weeks in a row now. Not too many articles, couple of big ones out there, a couple of interesting ones for sure. We're gonna hop right into it, but make sure to stay to the end. We got a really cool training tip from Shivali and we also have a pretty cool new feature update from Helium 10.   Bradley Sutton: So let's go ahead and go into the first article here, and this is from Modern Retail and it's entitled TikTok Shop Listings are surfacing on Google Shopping, right? Have you seen that in Google? This article talks about how listings from TikTok Shop have begun to pop up in Google Shopping, especially results for beauty and skincare products. So, through Google searches for trendy beauty products like Nail Art or Dior Lip Oil, dup results now feature links that go directly to smaller sellers on TikTok Shop, and the actual TikTok team did confirm that this is something that TikTok is dabbling in. Now this, to me, was a little bit interesting because you know, like traditional keyword research tools, you know, like Helium 10 for Amazon, don't necessarily like, don't have as much oomph. Right For TikTok Shop because it relies on so much virality, right, TikTok? You know kind of like influencers are the ones who have like these viral posts and that's what sends tons of traffic to videos. You know it's not like oh, let me get to page one for a certain hashtag on TikTok, right For TikTok Shop. But this could be interesting Depending on how Google is indexing some of these products and how TikTok Shop is integrating. Now, all of a sudden, it could open up a new thing for keyword research on TikTok Shop so you can get some maybe outside traffic that don't come from another TikTok videos directly to your TikTok Shop. So pretty interesting stuff. It'll be definitely worth taking a look at in the future.   Bradley Sutton: Next article is actually not an article, but it was a post from our buddy, Jeff Cohen, from Amazon, and this was from his LinkedIn last week. Just in case you guys missed, it was from a few days ago, but I missed it the first couple of days that it came out. But you can now have high-performing Amazon Post which are free, as you guys know. You can now convert them into sponsored brand ads. All right. So right in the ads console in Post Manager, you can just take an Amazon post that's doing really well and make it a sponsored brand ad. Now, this hasn't been rolled out to everybody yet, so go ahead and check. Go into the Post Manager in your Seller Central ad console, click on the boost button if you see it, and then you're gonna be directed to the sponsored brand campaign builder to review the creative setting. So in his LinkedIn post that we'll link to below, you'll be able to see kind of like some graphics of how it might look. But that is gonna be interesting If you can turn your Amazon post into sponsored brand ads.   Bradley Sutton: Next article is from restofworld.org I should say. Again about TikTok, and seems like I've been beating a dead horse for almost two years now about how US consumers haven't really adopted live shopping. Well, this article says Chinese TikTok experts are teaching Americans how to sell and it says, convinced, a live stream shopping boom in the West is inevitable. Entrepreneurs are sharing Chinese playbooks with aspiring US influencers. And there is just one kind of like tidbit here, guys, that blew me away. Listen to this quote right here In China, 25% of online sales in 2023 took place through live streams. Let that sink in, guys. 25% I mean, if you think about all of online sales in America, like the minor ones, you know, like Walmart and others is not even 25%, a lot, lot less. But out of every single thing that was sold online in China in 2023, again, let it sink in 25% were from live streams. Now, I don't think America will ever, ever get to that number absolutely not right. But I mean it would be kind of crazy if it even got up to like 5%. 10% might be asking for too much. If it gets up to 5%, that's gonna be, you know something, that's going to be pretty, I think, big, and that's what these people are making on.   Bradley Sutton: So this article talks about how they've got these agencies that are training influencers on how to do like TikTok shop lives, perhaps some Amazon lives, et cetera. Here's one agency that has more than 10 streamers in the US. So these are kind of like streamer factories that they're pumping out and they're giving them the literal Chinese playbook. Like the documents they get is in Chinese and then it has English translation. Now one of these agencies said hey, on a regular day there's about 100 people watching simultaneous sales. This is even the agency. Just shows you how much it hasn't really taken off in America. The professionals can only get like 100 people watching a live stream live, but it says that some days the streams can attract over a thousand viewers at the same time.   Bradley Sutton: Now, thinking about the cultural differences, of how different things work, you know one influencer said hey, I saw many Chinese live stream sellers screaming at the top of their lungs, counting down until a product is live to encourage rush buying. And this person said I don't think that's gonna work in the US. You know American customers don't like to be told what to do or just because somebody's yelling at them, right, but this influencer who has been doing lives here in America on TikTok shop. She says that she closed over 200 orders on her third day on the job, worth more than a hour with $11,000 worth of products in one afternoon. So again, it's not like completely, completely dead. It's just nothing compared to what's going on in China. But everybody keeps saying, hey, we expect this thing to take off in America sometime. So it's something that I think you know Amazon sellers, e-commerce sellers should be kind of paying attention to what's going on. You know, if we're selling on Amazon, amazon already has Amazon live. Walmart probably will come out with something if it kind of takes off, and then obviously it's a big part of TikTok shop. So do you have a plan ready to go for if live shopping starts taking off? I think it would be great because it's kind of something that's going to be net new. I think it's going to have a lot of impulse buying if it starts taking off and it's not like it's just going to take away from your sales that you already get during search. It's going to be like net new sales for Amazon sellers if this ever takes off.   Bradley Sutton: Speaking of Amazon, you know some more sad news Going to. CNBC says top Amazon Aggregator Thrasio files for bankruptcy. Now, there wasn't too much information in this article. I don't understand the whole, you know bankruptcy thing. I know it's not good, but basically what it says here is that the company agreed with lenders to shave off about 495 million off of its debt loan. Doesn't take a bankruptcy specialist to understand. Half a billion dollars is a lot of money, and some creditors committed to provide it with up to 90 million dollars in fresh capital, which it said will go towards ongoing operations and enable to keep running brands as portfolio, so all the brands that it bought. You know it's not like, oh my goodness, they're all going to just run out of stock and go out of business. It still looks like it's going to keep going. But this is, like you know, for those of us who have been in the Amazon game for a few years. You know might be kind of. You know, for some of us maybe not a shock because we could see some things coming. But if somebody were to tell us three years ago or whenever Thrasio was at their peak, you know, hey, they're going to be bankrupt in a couple of years, like we, probably like no way. It seems like they've growing money on trees over there, right, but just the state of the world that we're in ice. There's still a lot of people who are buying and selling Amazon businesses. All right, the that model of buying and selling Amazon business is absolutely not dead. Make sure to check out a recent Kevin King podcast, amp and podcast, which talked about this this model still going strong.   Bradley Sutton: Last article of the day is coming from e-commerce bites and for those of you, if you're like me and sell on Etsy Something real small it says monthly fees may be coming for Etsy sellers. I didn't realize there was no monthly fees, you know like. So I don't really think this is big. I mean, we're all used to it. You know we pay Walmart, right, we pay Amazon a monthly fee. I don't even know how much I pay Amazon right now. It's like what 30 bucks, 40 bucks, 50 bucks don't really care, because it Etsy sellers are kind of like scared that this is a fee might come. But if you're scared about $20 a month fee or $10 a month fee, you know you probably Shouldn't be selling on the platform, but still, hey, money is money. We got to count all our money. So this is something to watch out for. If you are an Etsy seller.   Bradley Sutton: All right, a couple of things before we get into a really cool feature update I wanted to remind you of is. You know, a couple weeks ago, for the first time in over a year, helium 10 elite is open. So remember, with helium 10 elite, you can have one-on-one calls with me, one-on-one calls with Carrie and Shivali. Hop on private trains with Kevin King twice a month. You know one where he gives you the seven ninja hacks and brings on expert guests, and another would just him where you can literally Face-to-face, ask Kevin King anything. You want. A lot more perks, you know private networking, big events that we we do around the world. We just did one in Germany, we're gonna do one in Madrid, Spain, in a couple of months. So all of this for only $99 extra a month.   Bradley Sutton: So if you're interested in more information about the helium 10 elite program, go to h10.me forward slash elite, h10.me forward slash elite, and Once you sign up for elite, make sure the first thing you do is go ahead and book a one-on-one call with me. I'd love to help you out with what you need. Now, if you speak other languages, we have some other networking calls coming up that are completely free, open to anybody. If you speak Spanish, we have our monthly networking zoom call coming up with Adriana, so make sure to sign up at h10.me/llamadaconadriana, and that's the link to go to that call, which is just gonna be in a couple of days. And if you speak in Deutsch, if you speak German, the one that you want to sign up for our monthly call happening this weekend is h10.me/elite-de.   Bradley Sutton: All right, next up we have a new feature alert from Helium 10, pretty cool feature that a lot of people have been asking for. So you're in your Helium 10 account. You might see some insights from Insights Dashboard about your competitor has lowered their price, they've raised their price, competitors out of stock, competitors running a coupon. Your sales are going up, your inventory is going up, your inventory is going up. All these different things you can see inside of Helium 10's dashboard right, well, on some of these things, the action that you might want to take is you might wanna raise your price or lower your price that is appearing on Amazon, and sometimes you might want to go ahead and do that to a big group of products, like maybe you're selling leggings, like my buddy Yizhak in Israel. I mean, he's got hundreds and hundreds of SKUs. You know, some product lines have 100 SKUs with all the different colors and all the different sizes. When he wants to go change his price. It's like a very tedious task to do inside of Seller Central. Well, that's why I'm happy to introduce that on your Insights dashboard.   Bradley Sutton: Now you can go ahead and change the price directly from your dashboard. So what you do is you go down to your product table, make sure that you're on the SKU view and then you can go to like listing and you will see this column that says price. So first of all, you click this button and you'll be able to see the history of the price. But right directly here in Helium 10, you can go ahead and, one by one, enter a price. So if you watch Carrie's training last week, maybe you saw how to do tags in your dashboard, where maybe you give all of your coffin shelves a tag. That's what I did here. So I can click on coffin shelf. All of my coffin shelves appear automatically here. I can select everything and then I can hit this button edit price and then go ahead and put the price that I want, to put all of them at once and it's going to go ahead and update in Seller Central.   Bradley Sutton: There's a lot of use cases for this. I would think that the bulk one is especially appealing, because that really is not easy to do inside of Seller Central and especially for those of you who've got a lot of variations. You just wanna say, hey, all 60 of these variations. I want the new price to be $12.97 or whatever. Instead of going one by one, do it with just a couple clicks of the button. Let us know what you think of this product. Would you like to see some other feature? Me personally, when I saw it, I was like, hey, I wanna be able to see, or be able to maybe make a sale price. I don't wanna lower my price too much, but I would like to be able to make a sale price with a beginning and end date. Other people have asked for coupons. I'm not sure if that's even available for helium tend to do, but if that's something that you want us to try and investigate, make sure to reach out to customer support and let them know what you think of this new tool, but give it a try.   Bradley Sutton: Next time you wanna change your price for one product or multi-products, go ahead and do it directly inside of helium tend without even having to go to Seller Central. So pretty cool update there, all right. Last up, we have got a really quick hitting tip from Shivali. So maybe you're examining some of your competitors and you wanna know what is their PPC strategy. How are they allocating their spend? Now, you might not be able to just hack into their account and see their seller central advertising console, right, but using Helium 10, there's a cool way that within seconds, you can pretty much see all of their strategy. Check it out in this video.   Shivali Patel: Hi there, let's talk about how you can analyze your competitor's PPC strategy so you can figure out which keywords and phrases you want to go after. Theoretically, let's say, you found a good seller in your niche that's generating decent volume. What you could do is run a single search on Cerebro, as we've done here with this product, which is the Goer gift Woodcuff and Tray and then you could slide over to check out the keyword distribution. The keyword distribution tells us we have 646 paid terms for this ascent, of which, by hovering over the eye icon, we can see that 287 are for sponsored product placements, 41 are in highly rated spots and 318 are sponsored brand video. What's cool is we can filter for those match types. Let's say I wanted to check out which keywords or phrases is this ascent running sponsored brand videos on. I could go ahead and select that, tap out, click apply filters and you'll see that we have 318 filtered keywords right here. How cool is that? Pretty cool, I think. Or let's say that instead of sponsored brand video, you are interested in just the regular PPC keywords and phrases. I could change out my match type to sponsored product, click apply and all of a sudden, the 287 placements for sponsored product are now visible. You could always further refine this search by inputting in something like a minimum of 200 for search volume and a sponsored filter of one to five. This is going to show us which keywords they seem to be concentrating their PPC spend on Applying just a couple more filters takes us from 287 filtered keywords down to a more feasible 22.   Shivali Patel: Of course, as sellers, we wouldn't be bidding top of search unless those keywords are actually profitable. So now you can use this information to your own advantage. This contrasts to this other ascent we have here, where you can instantly see they're not running any paid ads. We have zero for all of these placements across the board. Now compare that to this last ascent, where we have 22 for paid search and, guys, anytime you see such few keywords underneath paid, then you're probably looking at an ascent that's not running any auto phrase or broad match campaigns and you can leverage this information. Especially if that ascent is in similar standing to your product, you can figure out whether that's something you want to duplicate or completely stay away from all this to say there is so much you can do with Cerebro. We have so many filters and I just showed you match type. Make sure that you go in and do this for your own products to figure out maybe how you want to change up your strategy or what are some new keywords and phrases you want to add. I'll see you next time.   Bradley Sutton: All right, Thank you, Shivali, for that. That's actually pretty cool. Did you guys know that you can pretty much reverse engineer some of your Competitors Exact Strategy, especially those who aren't doing broad or phrase or auto campaigns? So make sure you guys are utilizing that. A lot of those features are available to any level of Helium 10. Well, that's it for this week's Weekly Buzz guys. We'll see you next week to see what's buzzing.
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Feb 27, 2024 • 35min

#539 - Selling on Amazon Japan - All You Need To Know

As the landscape of Japanese e-commerce undergoes a seismic shift, we're fortunate to have e-commerce experts Nick Katz and Gary Huang join us again to unpack the transformation. It's a world where Amazon goes toe-to-toe over local stalwart Rakuten, a surprising twist given the resilience of Japan's physical storefronts during a pandemic that skipped a full lockdown. Their insights shed light on Rakuten's gamble to step away from their cornerstone points program, a move that has sellers keenly watching the horizon for its ripple effects. Steering through the complexities of international logistics, this episode covers the strategic use of freight forwarding when entering the Japanese market, a journey our expert guests navigated firsthand. We dive into the benefits of Japan's proximity to China, the advantages of trade agreements with other Asian nations, and reminisce about the global hiccup caused by the Suez Canal crisis. These discussions are not just theoretical musings; they're actionable insights for bolstering your bottom line and carving out a niche in one of the world's most dynamic Amazon marketplaces. Finally, we celebrate the cultural tapestry that is Japanese business ethos, examining the surprising competitive edge that international sellers can unleash with astute analytics and Amazon product reviews. These narratives of success and support—from local sellers to global players—culminate in an invitation to an upcoming event in Okinawa, promising to be an epicenter for networking amongst the entrepreneurial elite. It's here where the theoretical becomes tangible, and where the future of selling in Amazon Japan takes shape before our very eyes. In episode 539 of the Serious Sellers Podcast, Bradley, Gary, and Nick discuss: 00:00 - Sell on Amazon Japan Expert Tips 07:47 - E-Commerce Changes in Amazon Japan 12:04 - Import Taxes and Duties Abroad  14:25 - Freight Forwarding and Japan Business Opportunities 22:16 - Success Stories of Selling in Japan 29:37 - Selling in Niche Markets - Japan 33:49 - Leveraging Global Reviews for Success ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup  (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos   Transcript Bradley Sutton: Today we've got two of the world's foremost experts on selling on the one Amazon marketplace that you probably aren't selling in, but you need to be Amazon Japan, where sellers are making more profit than all their other Amazon marketplaces. How cool is that? Pretty cool I think. We know that getting to page one on keyword search results is one of the most important goals that an Amazon seller might have. So track your progress on the way to page one and even get historical keyword ranking information and even see sponsored ad rank placement with keyword tracker by Helium 10. For more information, go to h10.me/keywordtracker. Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show. That's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And it's the middle of the night almost middle of the night here, so I'm in my normal attire of what I wear every night here in my house, but the only people that I can go ahead and keep this on and not have to change back to work clothes when I do something at this hour of the day is the two guests here because they are actually in Japan right now. So we are, makes me feel right at home here with what I'm wearing. We have a back on the show, Nick and Gary. Welcome back, guys. Nick: Thank you. Gary: It's great to be back and for those of you guys that are listening, I can see Bradley. He has like a black and white sumo themed what they call you could tell or like a robe, but he wears it very well. I love the Japanese motif you got going on. It's great to see you. Bradley Sutton: Yes, thank you for that. Likewise I haven't seen Nick in a year. But, Gary, you know we saw each other. We had some nice Tonkatsu right there in Ginza a while back a few months ago with my favorite place to eat over there. So it was nice to see you there. But you know, for those who want to get the full backstory, go back guys to episode 426 was the first time Gary was on. Nick's been on before then as well. But 426 was from last year and we had a lot of updates on what's going on in Amazon Japan and since then there's been new things. So I wanted to, you know, invite you guys back. But I'm not saying this is the reason. But we were talking earlier about how my LA Dodgers was able to sign Ohtani and Yamamoto, my two favorite baseball players, both Japanese, but I'm looking on the 7 Figure Seller Japan Mastermind website at last year's event. Let me just show everybody this. All right, I'm not saying that the Dodgers have me to thank, but last year at this event I wore my Helium 10 Dodgers themed jersey and you can see me here in this picture. I'm explaining something. I'm like think about it, man Ohtani is going to come to the Dodgers. He's like oh, I'm not exactly sure, but I was telling him that the Dodgers are coming. Well, we're going to talk about your new event this year for sure. I just wanted to call that out, though. You know, dodgers, you know. Let me give you my address. My check should be in the mail. You have me to think I set the ground, I set the standard there last year early. Anyways, let's start with Nick. How many years, now total, have you been Japan? I know Gary's newer, but how many years do you have under your belt? Nick: I can't even count how many years now, but I came in 1995. So whatever it is from then? Bradley Sutton: 1995. Yes, that's quite a while. Right after a few years, just after I moved out. Now You've been there so long. Just like you just said, the years kind of just bleed together. But if we were just to start off with one of the biggest changes in the e-commerce landscape in Japan in the last year, what would it be? This is maybe like the first kind of full year after COVID and dust is kind of settled. In America at least, there's a lot of the boom that was happening in e-commerce, I wouldn't say one crashing down. It's a steep decline to pre-COVID time. Something similar in Japan, or how do you view the landscape over there? Nick: Yeah, well, I mean, e-commerce is very, very strong here. It still is very, very strong. Japan, unlike a lot of other countries, has always traditionally had very strong brick and mortar retail. People do like going to stores, but I mean, Japan never had a full-on lockdown, so most of the stores were open for most of the time. There were small periods where they weren't open, but because we also do retail, we actually do distribution to stores. We've seen that they are really starting to cut back. So there has been a real shift to online and I've noticed, certainly in the last year. I hope no one from Rakuten is hearing this, but I think they're starting to feel a little bit of pain. They've made a few adjustments and I think there is definitely more of a swing towards Amazon over Rakuten. They are pretty much half and half for the section of the market, no, of the section of the market, so they've both got about 20%. Bradley Sutton: Yeah, no, I mean, I thought Rakuten was still way ahead. Nick: No, I think Amazon has now overtaken Rakuten. It's kind of hard to compare apples to apples, but it does look like Amazon has overtaken Rakuten and Rakuten have started to do some strange things cut back on their points program, which has always been their main strategy. That it was their strongest point the fact that you can collect points. Japanese people get Rakuten points in their lives, doing everything, and even my company has a Rakuten bank account. People have Rakuten. They have Rakuten for everything for travel, for insurance, for everything and it's to get points. But Rakuten started to cut back on those points. I'm not entirely sure why, but I think that is going to encourage more people to move over. So that's kind of something that I'm seeing personally, all the Rakuten is still a very, very good marketplace here. Bradley Sutton: All right, interesting. Now, going back to Gary, let's take a step back from e-commerce. This is only what is it? Second, third year in Japan for you? Gary: Third year in Japan, one year in Tokyo. Bradley Sutton: Third year in Japan. Gary: Yeah, two and a half or two years in Okinawa. Bradley Sutton: How has your family settled in now? Japanese speaking, culture, food. Is it home now or still feels a little bit foreign? Gary: Well, I wish my Japanese was better. I mean, my son is 5, he's in pre-kindergarten. I'm pretty sure his Japanese is going to surpass mine very soon. But yeah, we're acclimating very well and we actually just got back from a trip from Hokkaido, which is in the north, really nice skiing. My wife had, they have this drift ice area in the northern part of Hokkaido like literally the ocean is like frozen, and my wife had that on her bucket list for many years and we were able to do that. So, yeah, very fortunate to be here and, yeah, very happy. Bradley Sutton: That's awesome. Yeah, I used to live right south of there, in Aomori, for about a year and a half. Not quite as cold as Hokkaido, the oceans didn't get frozen over there but it was cold, I didn't mind that. I went back last year. Yeah, I went back to Aomori for the first time in like 20 years no, 25 years and so it was nice to go out there. My son actually went to Hokkaido. My son took his very first trip without his parents. He was friends and he actually went to Hokkaido before me. Now, what about e-commerce for you? Like, what have you noticed on your side that has changed? Maybe specifically more to Amazon Japan for your network of sellers there in the community? Gary: Selling on Amazon. Amazon is still very strong. We can get deliveries very quickly. But, for example, when we went up to Hokkaido, rather than buying like a sled and like lugging it from Tokyo to Hokkaido, we just ordered off Amazon and shipped it to the hotel and you know my son was thrilled. He was ready to go, and so Amazon has that coverage. But one of the biggest changes for e-commerce sellers foreign sellers especially importing into Japan is there was a new import law change October of 2023. So previously you could use what they call a importer of record or IOR. I mean, you're not in Japan. If, let's say, you're a US seller with the LLC, previously you could use an IOR, a company that's importer of record to represent you to import the products. But now they changed the law because it seems the government is getting smarter when it comes to all of these e-commerce sellers. So now you have to go through ACP. I think that stands for Attorney of Customs Process. I might be getting the verbiage mixed up, but basically it's a different scheme and you may have to pay more in the taxes because you will be billed on the total selling cost. So that's the Amazon cost. So that's one of the big changes that we're seeing so far. Bradley Sutton: So if somebody was already selling Japan, they don't need to convert to that. They can keep going with their importer of record. Or do they need now? They needed, you know, even if they already have tenure there, they got to switch to this new thing. Nick: Yeah, so it's actually import base, so it's the time that you import. So if you're importing after October 1st, in theory you can't use IOR. I should probably stress the fact that this is all in theory. I can tell you that there are sellers who are still importing using Chinese freight forwarders, who are getting the goods into totally fine, but in theory there is no more IOR and so you have to use this. As Gary was mentioning ACP, which, although it's not so, the tax and duty is based on the selling price, which doesn't mean it's not exactly on the selling price. You're allowed to remove the cost, like Amazon fees and certain things, but the whole concept is that who is the purchaser of the goods. So if you're, if you're not a domestic company, if you're an international seller that don't have a registered business in Japan, then the goods being sent to Japan, going to Amazon, going to the customer the customer is the person purchasing the goods, so for tax and duty should be based on what they're paying, as opposed to, for example, for my company. We're based in Japan, so we actually do purchase the goods. We can show a paper trail back to the supplier. We are the purchaser, so we only pay tax and duty and what we buy it for and then we set it on Amazon. So it's just the way that the import office is just customs office is kind of interpreting. It's all a bit gray, to be honest, but that's kind of how they're interpreting it. The actual final buyer online is the kind of original purchaser of the goods. Therefore, tax and duty should be based off whatever they are paying. Bradley Sutton: And then what? So is the customer paying for that then? Nick: No, so the customer isn't paying it. So, but that is what they are using. So it's actually the ACP, or so you have to pay. So your company pays, so the customer isn't paying that, but that's what they're basing off and that's their reasoning for it. They are essentially, they're being almost regarded as the importer, which is obviously just ridiculous. Bradley Sutton: Yeah, but it's not something like in Europe, where VAT is applied to what the customer's paying at the time of purchase and then the. I believe that I don't even sell in Europe, so I believe the seller has to remit that or Amazon keeps it, but it's like that price has to include that and so it's kind of like a surcharge. But how much are we talking about, like for somebody like me? I'm selling, let's say I sell in Japan and I'm importing. Like are my duties and all these taxes? Is it comparable to you know what I'm doing by importing from China to US and what I have to pay for customs? Or is it more? Is it less? Nick: Well, it kind of depends on a few different things. Obviously depends on the categories and exactly what the products are, you have to remember. So in Japan the consumption tax is a lot lower than, for example, Europe. You mentioned Europe. So the tax is 10% in Japan, or it's 8% if it's, for example, food or drink. So, but because they base it on the price that you're selling as opposed to the price that you are actually purchasing the goods, for at that point it will be a bit higher. But there are. I say there are lots of ways actually around this and I don't know if Gary is going to mention it. There are a lot of countries that have agreements where you don't actually have to pay duty at all, for example. But it does kind of make things smoother and easier if it's a Japanese business doing the import as opposed to an international business. And one of the main ways around it is that you get a company in Japan to do the import for you and that kind of covers all of the problems. So all the large kind of import companies. That's what they're doing now. They're essentially importing themselves, paying the supplier, and then you only pay the tax and duty on basically the cost of goods, so it will become a lot cheaper. So you kind of have like a bit of a middleman in there. Bradley Sutton: Yeah, makes sense. Now this question is for either of you. So at what point am I having to have my ducks in a row for this like am I? Do I need that already when I apply to sell in Japan? You know, I just go into my US, or if I'm a European seller, I go into my European seller central and apply to sell in Japan. Are they already asking me for this? You know ACP preview, the artist formerly known as IOR, or is that just something I need to take care of by the time? Nick: It's something you need to take care of yourself. Amazon is not involved in this whatsoever. This is completely Bradley Sutton: No. But are they asking me? for it, for like proof that I have that. Just to apply the account? Nick: No. So basically, when you want to send goods to Japan, you just speak to your freight forwarder, whoever you use, and the freight forwarder will give you all the information and sort it out for you. It's not something that you really need to do yourself. The freight forwarder will do that. So the freight forwarder is traditionally done IOR. A lot of the Chinese freight forwarders, as I said, are still doing it and they seem to be getting the goods in quite fine. But there's something that you will do through your freight forwarder so whoever you use and to ship the goods, that. So it's not something you specifically need to kind of go out and do yourself in most circumstances. Bradley Sutton: Yeah, all right, makes sense. That's good, like I thought it was something I had to, like, you know, find and or maybe you know, hire a company to handle it. But that's good to know that. You're like me. For example, when I import from from China to US, I actually don't worry about anything. Yes, there are obviously customs, yes, there's some kind of certification, but actually my sourcing agent, who's also my freight forwarder, she handles all that for me. I'm like, all right, you know apply, you know tell me what you need from me, but you take care of everything. That's nice to know that there's something like that, where you know I don't have to go searching in the Japanese yellow pages for people on my own, so that's good to know. Nick: Yeah, I mean, if it's all set up, you don't? There isn't any extra work that needs to be done by you. Bradley Sutton: Now, Gary, you know like speaking, you know we're talking about freight forwarding. You had mentioned something interesting. You know, in recent months, obviously many Sellers in Europe were affected and actually worldwide about. You know what was going on with the pirates of the Caribbean, there in the Suez Canal, like you know, the Red Sea, you know like that, that affected shipping prices worldwide because you know like ships couldn't go there. You know they didn't want to get shot down and things, and then obviously you know there are shipping delays and that increases prices. You know people felt it here in the States, people felt it in Europe, but you were saying kind of in Japan it was whatever, right, because it's so, so close. Gary: Yeah, I mean the Suez Canal Crisis. It's really impacting ocean freight all over the world, like going from like 2000 something dollars or containers, who you know, over 5,000 and even more right, even if you're not, by passing through Suez canal, because it has a ripple effect, because it's taking longer for the ships to go around, like South of Africa, so it adds like two additional weeks and most people don't realize. You have to factor in for the containers as well, because the containers are used, so you have to have more empty containers to accommodate that. But if you look at the map, you know Japan is China's neighbor, right? So I mean a container from China to Japan can arrive in, you know, like a week, so it's really fast, I mean compared to China, USA, you know 30 to 45 days or even more right, so you can definitely save a lot of time shipping if you're selling in Amazon, Japan shipping from China. And also you can save a lot of money as well because distance wise is very close, I mean literally, I mean their neighbors, right, so you will save a lot of money as well. And then in terms of sellers, you know we were talking to with, you know, Brandon Young Last year and that was kind of like a light bulb moment for him, because if you can reduce the lead time you know from when the factory ships out the good until you land it, you know from you don't have to keep so much inventory, right? So rather than buying up like three, four months of the inventory just staying stock, you could cut that to, let's say, a month or two months inventory so that for the seller, that frees up your cash flow as well. If you were to sell in Japan, from China, Japan, given the shorter lead times. That's why we feel like there's, at least you know, this one big X factor for sellers. You know it would be an advantage to sell into Japan. If you're sourcing from China and actually not only China, because you know, as they could quickly touch upon just a few minutes ago. If you're sourcing from other countries in Asia, there's actually three trade agreements between India and Japan, Vietnam in Japan and Thailand in Japan. So it depends on your exact product, but your product could come in if it's made in India. If you're exporting Japan, if you land duty free right, I mean, it could be zero. So there's and obviously there's no trade war going on between you know, China, Japan. So there's no Trump tariffs and you could significantly reduce your landing cost and obviously that would help every seller, you know profit margins right if you're able to do that. So you know there's a lot of these type of logistical advantages that Japan has. Then not a lot of sellers are aware of, and you know that would it could. I mean you could land your product a lot cheaper, a lot faster. You know if your cash flow selling in Japan compared to other countries. So we feel like that's one big advantage. Bradley Sutton: Yeah, I really need to get off my butt and do it. You know, like I've been saying I would, but I just been so busy at Helium 10 that I haven't been able to expand any of my Amazon business almost like this week. I'm finally launching like three products for the first time in probably a year and a half. But um, but yeah, I need to get. Gary: Can we do a Project X Japan? Bradley Sutton: We should do that, yeah Gary: We should do a project here first. Bradley Sutton: Yeah, Project X will be doing. All right, I like it, we'll do it. Anime with Japanese animation. We'll get Wit studios to do it for us yeah. Speaking of Japan and Japan. So we'll get back to the Amazon strategy. But let's talk a little bit about the 7 Figure Seller Japan Mastermind. I attended last year. I'm probably going to attend this year. I'm not going like it in the official capacity. I think I like it so much I think I'm going to pay my own way, you know, because we have a certain budget for events at Helium 10 and then, you know, usually they rotate things, or one year we'll do, you know, like last year we did Prague European one, this year we're not doing that one, in the next year we might do it again or something, but this one wasn't on the list for our travel budget. But you know I'm a points hacker, so, like I'm sure I could, you know, probably pay for a flight myself or make it not so much. And it's going to be in a place that I have been in Japan 40 times, lived in Japan, have never, ever been, and that's Okinawa. So, Gary, was it your decision to do it in Okinawa, since you had lived there before, or how did you decide that you're going to do this event in Okinawa? Gary: Yeah, well, Okinawa I mean, for those that don't know, it's known as the Hawaii of Japan. So there's beautiful beaches, it's, you know, subtropical climate, and we were able to secure a fantastic resort hotel, that Hilton in Okinawa. So literally it's on the beach. I wanted to do it in Okinawa, and I was talking with Nick as well, because it's Japan, but it's a nice change of pace as well. So it's kind of like the Hawaii of Japan and then logistically, there's, you know, the airport. You can arrive there pretty conveniently at Naha Airport and basically everyone's going to be there at the same place. You know we have 8 figure sellers, 7 figure Japan sellers. We have, like, all these different experts. You know, every step of the way, right from compliance to shipping, localization etc. But yeah, and I kind of wanted to to give back to Okinawa as well, because during COVID I mean, some of you guys know my family story. We weren't able to because we were living in Shanghai before. You know, I'm American and I couldn't go back to Shanghai, even though my wife is Chinese. I lived there 11 years, I paid all my taxes. I couldn't go back because they closed the border and my visa had expired. But Okinawa, you know they allowed us to stay on a temporary tourist visa for two and a half years. So Okinawa also is like the poorest prefecture in Japan and they really suffered a lot during COVID. So I'm just happy that you know people can come visit and that's one of the reasons why I wanted to do in Okinawa, to kind of get back as well. Bradley Sutton: Alright, yeah, I'm a history buff, I'm a travel buff, so, alright, guys, you heard it here first. Like I'm committing that I'm going to go, you know so, April 8th to 10th. If you guys want to join, like, I have a forwarding website here that make it easier. Remember, just go to h10.me/japan and that'll bring you to sign up and there will be, you know, a lot of great speakers talking about local. You know selling in Japan, strategies and, while I was there last year, you know there was a couple interesting success stories. I saw one I forgot his name, but one influencer who was doing 7 figures in Japan. I forgot his name, but, Nick, maybe you can give us some other success stories, maybe of either local Japanese sellers or maybe somebody from a foreign marketplace foreign to Japan. You know Europe or USA getting started in Japan and being successful? Any stories you can relate. Nick: So one of our clients is an international brand, they're an American registered company and last year they cleared 7 figures and we're definitely looking to do a lot more this year and that's in two years. The sales currently are, so they're actually doing very, very well. Bradley Sutton: Seven figures in US dollars, we're talking. Seven figures in Japanese Yen is not too much, but you're saying, you're saying US dollars, right. Nick: No, we're doing 7 figures in Yen a month now. So, no, yeah, they're doing very, very well in America. They sell in Europe and they sell in Canada, but the Japanese sales are now almost comparable to the US sales, but the profit margins are a lot higher. Bradley Sutton: That was about to be my second question. Nick: Yeah, because you know things like the PPC is a hell of a lot cheaper. The ACoS for the account is about, I think it's about 8, 9 percent now. The TACoS is about 3 or 4 percent and it's the kind of figures you can't really get in the US. So, actually in theory you could sell a lot less in Japan and still end up with the same kind of profit as you could in the US. But obviously, if you, if you're getting sales close to the US, you're probably going to have much, much higher margins. Japan really is cheaper. It's a cheaper tax as well. If you are off the threshold to pay tax. But if you're under 10 million Yen, which is probably about 60-70,000 US, if you're under that in sales, you don't have to pay consumption tax. There is no tax. So anybody like me selling in Europe who gets absolutely lost by the tax authorities there you know paying 19, 20, 21, 23 percent in some of the some of the regions in Europe, you could be selling, you know, 50-60,000 US in Japan and not have to pay any consumption tax whatsoever. So there are definite advantages to selling in Japan. Bradley Sutton: Another advantage that I've seen is the kind of Amazon seller culture is a little bit different. So, for example, the Chinese sellers and the foreign sellers there they're used to. You know they're using a lot of Chinese tools. They're using Helium 10, you know to be able to do their keyword research. But one thing I noticed, you know at least last year or the year before, was a lot of the Japanese-based sellers, even some of the bigger ones, it's like not in their business culture to really use like tools, like they're not using Helium 10. They're not using the Chinese tools and so sometimes you can go in there and like you might have these insights about keywords. You know running Cerebro, you know they wouldn't have any idea what reverse ASIN means and you've got keywords that you can put in your listing that they might not even know because they're just maybe relying on PPC to find their keywords. Is that still kind of like the case where you know tool usage is not widespread amongst the local Japanese selling community? Nick: Yeah, definitely. I think it comes from the fact that most of the sellers, most of the largest sellers, were originally on Rakuten and Rakuten there aren't really as many kind of tools available, so they just haven't really kind of built up the systems and kind of the processes to handle that kind of data. So no, I don't think they are using it. Obviously the Chinese sellers are, but the local sellers don't think are anywhere near as much. Bradley Sutton: Yeah, that's definitely what I've noticed. Now, Gary, back to you. You know you've probably heard a lot of excuses. You know I just gave you an excuse of I don't have any time, you know, to do it, but what are some of the myths or excuses that you hear about what people think? Maybe it's just a conception of how selling in Japan is, or obstacles that really aren't there. What are some things that maybe you can debunk for those who might be timid to dip their feet into the Japanese waters over there? Gary: Yeah, I think one of the biggest ones is language, because obviously Japanese language is very different and you know I don't really speak Japanese and you know I figured out how to sell in Japan because you really you don't need to actually know Japanese to sell in Japan. I mean, obviously it helps, but the fact that the number 1 Amazon Seller Central Japan is all in English, so literally, if you know how to sell in the US or Europe, you instantly can sell in Japan. And number 2, in terms of the keyword research obviously we have tools like Helium 10 so sellers can get smart. They're already familiar with how to do reverse ASIN searches and you know all that good stuff. You can do the same thing in Japan. And number three now we have tools like AI, ChatGPT and the translation feature. I mean, it's like miles ahead of Google translate, like you know what we're using just two years ago. So I'm able to use ChatGPT to really get smart and even dissect some of the Japanese competitors listings to extract keywords to better understand that. So I feel like you know that's one big myth about Japan and I feel at the same time, you know like all of these obstacles. You know, talking about culture, talking about language. You know, I kind of. You know I like that book, The Obstacle Is the Way by Ryan Holiday. Like I don't know if you guys read that book, it's kind of like a stoicism book. But like these obstacles actually, if you look at it from the flip side, right, a lot of people are intimidated by Japan. But if the fact that you learn how to do this I mean, if you want to come to our conference, we'll literally guide you through it. You can leave no stone unturned; these obstacles actually become your moat, right, they're like a barrier against your competition, that they're intimidated by it. So I feel you know, for the certain seller that is motivated to do this especially, I mean this selling in Japan is really good, for sellers who are already selling in the US or already selling in EU. They have skews, let's say, with like 700 reviews, 1000 reviews. Why? Because you can actually carry over those reviews from Amazon US to Amazon Japan. So that way when you launch on day one, you don't launch with zero reviews, you launch with 700 reviews and like the review moat, I mean the review, like the average review is a lot lower, like review score is a lot lower in Japan as well. So I mean,Japan is the fourth biggest market, but it still seems like a lot of people are either too intimidated or, you know, they don't know about it. So I'm really trying to help sellers, and you know, Nick as well, right, we're trying to help sellers better, you know, take advantage of this opportunity, even though it's 2024, you know, like, what Nick said before, you know Japan is the niche, right? I mean, we're all talking about the riches are in the niches, I mean in Japan, like the best selling thick yoga mats, like I actually did. Like a comparison, in the US, the best selling thick yoga mat has 4.6 stars and has 75,000 reviews, so it's way too saturated, right? But in Japan, the best selling thick yoga mat only had 3.9 stars and only 370 reviews, right? So you think about it. I mean, which one would you rather compete against, right? The yoga mat with 4.6 stars, 75,000 reviews, or Japan, right? And if you're already selling the US, if you have a thousand reviews, you can actually carry them over to Japan and then you can be like, you know, the king right from day one. So there's all of these advantages that sellers can have if they know how to do this. Just sounds in Japan. Bradley Sutton: What else that we haven't talked about yet are people going to be able to learn about at the conference in April? Gary: I think something that's new that we talked about is Rakuten, because everyone knows Amazon, right, but Rakuten, like what Nick said, they're literally neck and neck with Amazon. So we're going to bring in a speaker to talk about how to sell on Rakuten and this way we can give the sellers, you know, a balanced perspective, right, Amazon and Rakuten. We didn't have this last year, so this way we want to give sellers more information, because certain products may sell better on Amazon or on Rakuten, so this way you can have more perspective there. And then we're also talking about how to get into offline retail in Japan as well, so we're going to have some content there as well. So I mean, if you're a seller, if you're going to make the investment to import your products into Japan, it kind of makes sense to maximize the different options that you have, right? So, beyond Amazon, Rakuten, getting into physical retail stores, and then we're also going to talk about external marketing strategies. There's social media, and you know Nick is really good at this, like using Japan social media platforms. eI think this is information You're not going to get anywhere else and you know we share, like real examples from real sellers. You know what they're doing, that you can take away, you can imitate. So, yeah, I think these are all great opportunities, and also AI as well. I mean AI is like super prevalent now you know Japan is trying to like push AI a lot as well because you know, with like the labor costs and you know Japan has kind of like fallen behind compared to the rest of the world. Right, but they're looking to amplify AI. So we're trying to help sellers use AI to scale your business in Japan, even if you don't speak the language. Bradley Sutton: All right. So again, guys, if you didn't write down that address, how can you get more information on this conference, h10.me/japan. Nick, maybe any last words about selling Japan that you think foreign sellers need to know about the market, good or bad? Nick: So I think one of the main things that people should really understand is that about half of the market in Amazon, Amazon Japan is made up of Chinese sellers. So, although you know we have these kind of podcasts and Gary is explaining to people about the fact that Amazon Japan is a very good marketplace, a lot of people who sell in Europe or the US, they might think about it, they might consider it. The Chinese they know. They know just how good it is because they know there is very little competition, there's very little branding, so they can ship products out to Japan and sell. They don't need to have very many reviews. If you are a brand that already has. Sorry. If you are a seller who already has a brand and you've already got reviews on your products, all you need to do is list them in Japan. Global review thinking has been a thing for probably about three years now. You can start in Japan with more reviews than all the other sellers combined. You don't even need to have very many, even if you've got 500, that might be more than all the people in the top 50. And so it's so much easier to launch in a marketplace where your main competition are Chinese, non-face brands. They aren't even brands, they aren't even brand registered, whereas you are a brand, you look good, you've got the assets, you've got the images, you've got the videos are more importantly, the most important thing you have the reviews. You are starting with more reviews than anybody else. I mean there isn't any other way, any other better way to sell. You'll have cheaper conversions, you'll have cheaper PPC than everybody else and I think that's probably the main thing. Bradley Sutton: Awesome, all right guys. Well, if you're convinced already, well, hurry up and sign up for selling in Japan, and you could reach out to Nick and Gary for help from their network or attend in person the event and meet a lot of these people who can help you in person while enjoying the Hawaii of Japan. So I look forward to seeing you guys in Okinawa and month or so now, and it'll be great to see you there and hope to see some listeners there as well, so look forward to it.
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Feb 24, 2024 • 30min

#538 - The Path To Half A Billion Dollars Annually - Solo Stove

Listen in as Alvaro Lopez from Solo Stove shares this brand’s incredible entrepreneurial journey that began with two brothers with a vision and has since flourished into a significant role in the Amazon, Walmart, and e-commerce landscape. Our conversation paints a picture of how his academic pursuits in international studies set the stage for a career that expertly intersects with the Amazon-selling industry. We also unravel the story behind Solo Stove's creation by two brothers who dared to dream beyond the confines of their day jobs, skillfully navigating the supply chain from China to North America to deliver a product beloved by outdoor enthusiasts. Join us as we dissect the intricate details of brand strategy and e-commerce optimization for Amazon and Walmart. From the leap of establishing a direct-to-consumer channel to strategic maneuvers post-IPO, our discussion with a global director of marketplaces offers many insights. We dive into the crucial role of consumer obsession and mastery over logistics, and we share invaluable tactics for brand defense on platforms like Amazon. The importance of rich content and keyword optimization to cut through the noise of a saturated marketplace is laid bare, providing a roadmap for e-commerce success. Wrapping up, our chat transitions from the tantalizing secrets of Peruvian chicken to strategic e-commerce maneuvers. We highlight the essential role of high-quality ingredients and cultural heritage in culinary success before shifting to the nuances of effective copywriting and the power of tools like Helium 10's Cerebro tool. Alvaro emphasizes the significance of localization in global branding and imparts wisdom on the 'action over perfection' philosophy that has fueled the growth of many successful brands. This episode is a must-listen for anyone looking to navigate the complex yet rewarding waters of e-commerce with agility and foresight. In episode 538 of the Serious Sellers Podcast, Bradley and Franco discuss: 00:00 - Strategies for Solo Stove's E-commerce Success  07:58 - Solo Stove's Brand Defense Strategy In Amazon 09:50 - E-Commerce Brand Strategy and Optimization 12:05 - Strategies for Brand Protection 15:01 - Emotional Branding in Marketplace Selling 18:56 - Marketplace Performance Analysis and Expansion 20:21 - Expanding Sales Channels and Branding Strategies 25:57 - Peruvian Chicken's Secret & Other E-Commerce Strategies ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup  (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript   Bradley Sutton: You've probably heard of Solo Stove, a company that does almost half a billion dollars annually and does ads with people like Snoop Dogg and more. Now, today we're going to talk to one of the heads of their Amazon business to see what strategies that any Helium 10 user has access to that help them increase to this level. How cool is that? Pretty cool, I think.   Kevin King: Hey, what's up everybody? Kevin King here. You know, one of the number one questions I get is how can you connect to me? How can I, Kevin, get some advice or speak with you or learn more from you? The best way is with Helium 10 Elite. If you go to h10.me/elite, you can get all the information and sign up for Helium 10 Elite. Every month, I lead advanced training where I do Seven Ninja Hacks. We also have live masterminds and every single week, one of those weeks I jump on for a couple hours and we talk shop, we talk business, do in-person events. Helium 10 Elite is where you want to be. It's only $99 extra on your Helium 10 membership. It's h10.me/elite. Go check it out and I hope to see you there.   Bradley Sutton: Hello everybody and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that's a completely BS free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world. And again I am here on the other side of the world, here in Frankfurt, Germany, and got to link up with somebody I've known virtually for a while but now got to meet in person Alvaro: from Solo Stove. Alvaro, how's it going?   Alvaro: Good, Brad, thanks for having me. Good to be here.   Bradley Sutton: Now, your accent is not a typical Swiss accent. I know you live in Switzerland. Where, so where were you born and raised? Let's talk about you, the person first of all.   Alvaro: So I'm originally from Lima, Peru, my parents, but I grew up in Washington DC, which is why you hear the accent. So just outside of DC, you know, finished secondary school, started my undergrad in Utah and took a two-year break. During that undergrad, moved around Mexico, different parts of the states for an LDS mission at the time, and then, right after I got back and got into my undergrad, moved to Spain. That's where I met my wife, who's Swiss, German, and that's what really brought us to Southern Germany. This is why you're hearing American accent.   Bradley Sutton: There you go. So how long have you been in Europe then?    Alvaro: That was in 2014. So it's been. It's crazy to think it's been a decade. Yeah, but it's been a decade, a decade exactly this month.   Bradley Sutton: Wow, where did you go to University?   Alvaro: Utah State.   Bradley Sutton: Utah State. Yeah, aggies, oh, I got it. Oh, yes, man I always try to like test myself.   Alvaro: Right, it's like randomly in a very cold part of Utah the coldest part of Utah right on the border with Idaho but it's a pretty big undergrad campus, about 25,000 students, so don't keep me honest, but the international programs are amazing.   Bradley Sutton: What do you study when you're there?   Alvaro: I study International Studies. I'm really an honor trajectory to work for the State Department at the time, and I had already met my wife prior to finishing my undergrad, and so when I finished a foreign service exam right after my undergrad, she had got a gig in Basel. She works in the biotech pharmacy industry and Basel is mostly known for the pharma industry, and I took a job at the time in e-com through some friends in my network, and the rest is history, dude.   Bradley Sutton: Yeah, what was? So when did you get into e-com?   Alvaro: 2016.   Bradley Sutton: 2016? So what? What part of e-com was that? Was that Amazon, or was that?   Alvaro: Specifically, I was working through an agency at the time that was helping North American brands expand on Amazon generally, and I was a first European hire at the time to bring brands into Europe, and that's really we were able to successfully scale certain clients and from there moved around through other European companies, brought me into Luxembourg. I've worked back in between Germany and Switzerland for a few years and it's so now for almost four years. Great as a thing, yeah.   Bradley Sutton: Alright, so that's Alvaro's background. Let's talk about Solo stuff. A lot of this is that household name. I've had all kinds of cool companies like. I just interviewed somebody from Lego here now. We got Solo, so yeah for those who don't know about Solo. So what's the background of Solo? So the company?   Alvaro: Yeah, so you know, Solo stuff is a business. Of course we're in the consumer product goods industry but, like our whole goal as a brand and as a business is to help our customers connect with their loved ones and connect with the outdoors. So I'll kind of get back to that later if we go in detail. But the organization itself, two brothers founded the brand in 2010, as you see my t-shirt here I'm like repping well the company and really what they were looking. They were both entrepreneurs. They're both Chinese, Canadian origin, so both very familiar with the supply chain aspects in China, but, of course, going up in Canada, so many opportunities in terms of producing things in China and bringing it over with healthy profits in the Western market. So these two brothers were just looking for ways to find freedom from their day-to-day jobs. We're both were working at the time some pretty strenuous jobs. So they found a space and so I'm giving a lot of context. I think it's important to understand.   Alvaro: As they were iterating different product lines, they created this ingenious. What was this mini, now known as the light? But it was the original, just only Solo Stove and it was really a camp stove designed to be able to light a little camp stove within 90 seconds from twigs to a burning fire that you could cook with, with just the stainless steel concept, and so that same design and engineering is ultimately what ended up being optimized into grow I almost spoke German there close into bigger camp stoves from the light. And then, back in 2018, we ran a kick starter that introduced the bonfire range, and that's really what helped accelerate our growth and our momentum as a brand. But originally started from two brothers wanting to just have freedom in their lives, to create products that create good moments that leads to lasting memories. And now here we are as a publicly traded business.   Bradley Sutton: Public company having Snoop Dogg. Maybe some of you guys saw the ad campaign like I'm going smokeless.   Alvaro: You did go smokeless. Yes.   Bradley Sutton: So that's, that's pretty cool. Now, you're a publicly traded company. I know like I think you guys had published like in 2022. You've done over like 400 million across all platforms. Were you up last year, down last year, 2023?   Alvaro: Yeah, so from a marketplace perspective, we were up, which you felt really grateful. Obviously, last year, 2023 was really interesting year. We’re kind of pretty much all brands in our sector are reconciling like post pandemic trends. So as a business, overall we were pretty flat, healthy, cash wise and profit wise, very strong marketplace and international saw tremendous growth, which we can talk about this in detail. But I view our partnership with Helium 10 as a core variable to that consistent performance. I'm really helping us understand where the market at scale really is and how we can continue to take part of that market share that we have and grow it. So, from a marketplace perspective, amazon specifically USA was up in Amazon global was up significantly year-over-year.   Bradley Sutton: What percentage? You know what once you get to a certain level. This is similar to what I talked about, Silas, who formerly from Lego is, is like what percentage is from brand search? And then what percentage would you say is just coming from people typing in you know, smokeless Barbecue pit or something? Random keywords.   Alvaro: It's a great question and actually you know it ties directly into what we can do within Helium 10 and tech stack. You guys simplify, but from what we've seen, both within the search query performance on brand analytics and seller central, and from the believe it's Frank and center said, able to remind me where we can find a search volume that I don't yep, yep, we see that the Solo Stove branded searches is almost three times bigger than smokeless fire pit. Wow, which is wow, which is unique, because there's not a lot of brands that can pretty much be synonymous to an entire market. I mean, yeah, of course. Yeah, Lego is.   Bradley Sutton: One of the only examples where it's like I don't know what you would skate toy bricks right.   Alvaro: Kleenex, I guess. So we've been really grateful that we can drive that. Obviously, in the US, Germany, Canada, UK, Amazon is definitely if not the biggest, one of the biggest search engine platforms for consumers looking for a product or looking into a product. So, naturally, the way we have our omni channel sales channels, I should say set up, we leverage Amazon as both, of course, a place where we can drive tremendous growth and profit, but also a place where we need to defend the brand. So I think from a percentage perspective, all over half of our sales come from branded search, which is really a strong attribution to our entire brand and marketing team and, of course, product development team. We can go into detail in this podcast, however you wish, but for us, a marketplace that's really critical is how are we defending the brand, how are we displaying the brand, how's our content, what's that consumer experience like and how are we defending the traffic that's looking for us so we're not losing them in the funnel? It's a critical component of our strategy.   Bradley Sutton: Interesting. I definitely want to get into some specific strategies, but one just general question I'm curious about is from what I understand, Solo Stove in the States has been kind of like a household name for a while. You're a little bit newer here in Europe. What was your expansion strategy? Like, did Amazon play a big role in trying to get your brand out here, or was it a lot of just traditional marketing?   Alvaro: Yes, so we officially. So. I was actually the first European hire fun fact for Solo Stove back in very end of 2020, going into 2021. Originally brought on as a director of marketplaces globally. First for Solo, this was pre acquisition of other brands, pre IPO, so then took that role as we acquire new brands right shout out to Oro, Kayak, Iel, Chubby Shorts. So it was really really interesting experience. And then that fall 2021 is when we launched direct to consumer.   Alvaro: Now, we had a little bit of a head start. We had some great distribution partners, some that we still work with very closely with today, that we had some organic search and so really, from the circumstance in the car that we were playing, that really helped us define, specifically in Europe, the way we're going to market is like where to put our focus in terms of marketing spend and our focus in terms of channels, like where we're actually going to sell. So we immediately noticed that in Europe specifically Northern Europe to be most specific, right between the UK, Nordics, Benelux, the Dach region, right Germany, Austria, Switzerland we knew that would be our focus. So that definitely helped us define where our headquarter would be, which is today in Rotterdam. That was extremely critical. Make sure we staff that effectively.   Alvaro: For us, consumer obsession is our fundamental. We want to make sure customers have a great experience and that logistically which we own our distribution out of Rotterdam we own all of our logistics. That's an extremely critical component. So, in terms of, like, the actual launch right, the setup is critical. Understanding which market we're going to play in.   Alvaro: I mean, these were things that were important to set up, but once actually going live to market, we're a digitally native brand. So when we went live to market, it was an omnichannel mix digitally, meaning that we focused, hyper focused on our website and across Amazon Pan Europe, and we did more our first full year being live direct to consumer than it took solo, so 10 years to do it domestically. So it was, I would say, obviously and this is with the same profit constraints that we have in the US obviously, as public and traded business, we have a responsibility to shareholders, not only to drive top line but also to drive bottom line. So we're really, really proud of that story and we've just seen year over year growth, sustaining those same top and bottom line figures that I'm alluding to.   Bradley Sutton: Awesome, awesome. All right, let's get back into some specific strategies. You alluded to like kind of like brand defense and putting a moat around your brand. And yes, of course, when you're that size of a company, like you guys are, it's important. But even smaller sellers, once they're building up their brand, there's going to be brand search and it might not be at the scale of a Solo Stove or Lego, but they would have to follow the same principles as kind of like you have. So what has been your strategy? I know, like Helium 10, maybe Adtomic and some others tools talk about that a little bit, but what's your strategy at protecting your brand?   Alvaro: One of the most profound conversations I remember the last three years working with Solo Stove and solo brands is a conversation I had with our Chief Digital Officer at the time, who's also one of the founders of Chubbies, Tom Montgomery, who, like what an incredible experience working under his wing for over a year. We were talking one day about like specific tactics for operating on Amazon, and one of those things actually was brand registry, and I was going into detail and he, for lack of better terms or articulating this, he just kind of stopped me and said hey, Alvaro, this is a fundamental, we don't need to go into detail here. So, when it comes to like your defense on Amazon, like make sure that the resources Amazon provides you to defend your brand, be it like the most fundamental basics being like hey, get brand registered. Make sure it's basically like an Amazon trademark right. Or maybe it's a transparency program right If you're dealing with counterfeits or unauthorized resellers.   Alvaro: Maybe it's project zero, which is a more robust element of transparency I'd say, make those fundamentals in your business. I would say that's an extremely critical component. Like, make the resources that Amazon has to give to you now, what Walmart's providing right through their seller platform, make those brand resources to defend your brand of fundamental and exhaust them right. If you're a bigger business and you need to make that cross I'd say cross department focus initiative, like with your legal team or your finance team or your CTO, do so, but just make it a fundamental like don't postpone any resource you have through brand registry. Okay, hope that kind of answers your question.   Bradley Sutton: Yeah, absolutely, so definitely important. And again, you don't need to be a humongous seller. I would say brand new seller. Why not start with brand registry? You know, if you're just an arbitrage seller or something, of course, yeah, you don't even have to worry about that, but everybody should be protecting their brand. What about on the kind of like listing optimization, keyword strategy, advertising strategy? As far as protecting your brand in that sense, though.   Alvaro: Yeah, I mean indexing is critical. You know, as I alluded to earlier, we have a lot more search for Solo Stove than someone who's probably looking for a product that we sell right, similar to our core product, I'd say. But as far as like what we do to defend a brand through the listing, going again back to the principle, fundamentals, we have hundreds and thousands of assets. So this to any brand that's serious about selling on marketplace, where I mean, look, cost of acquisition is more expensive, there's more sellers, there's more listings, you need to make sure that your content is rich, right? So for us, where you know anyone can buy like a random fire pit from Walmart or from Target for 50 bucks, 100 bucks, you know why are you gonna spend three, four, five times more on a solo, so fire pit? And it's because we want to evoke that emotion of creating good moments. And so, for us, part of the defense strategy is hey, is the content, the copy, your A plus for Amazon specifically, is it evoking that emotion that you want to be associated to your brand? Right for us, it's, of course we're selling fire pits, but the end to all these means is can we evoke the emotion on that session that a customer or potential customers having with our Brand, showing that they can create good moments with the brand. I think it's a really critical component of our brand and that defense strategy from a listing perspective.   Bradley Sutton: Excellent. Yeah, I think that is something that smaller sellers sometimes think they don't have to worry about. But you know, people look at that stuff, you know, and in a cookie cutter world where maybe there's 15 people doing the same thing, similar prices, that's the kind of stuff that sets you apart and makes you memorable. What kind of advertising do you guys, you know, focus on? Do you just do pretty much everything that Amazon provides, whether it's sponsored, band, display, DSP, etc?   Alvaro: It's a great question. You know, we actually just had some pretty high-level folks at Amazon in our offices last week in Great Vine. It's really grateful for that experience because we actually had some key members from the Amazon ads team coming to the office and really give us insights into some of the new products that Amazon ads is developing. And so for us, definitely it's part of a strategy broadly is to maximize the way we utilize resources that Amazon has to offer. But as far as like the going back to like the ad console and what we're executing highly and yeah, it's across the board right we obviously see best efficiency across sponsored product, right. And then the way we define that strategy top to bottom, the funnel is critical right, defensive to offensive, and we carry similar strategies across sponsored brand, sponsored display.   Alvaro: And now we're getting to a point as a business where I mean you'll hear high-level team members from Solo, so speak about this over this coming year. But we're really trying to blur our performance digitally, right. Amazon is developing some products that is going to affect more positively performance outside of Amazon and we want to take part of that right through AMC or DSP. So that's gonna be a really critical component is leveraging the experience we have from the ad console right through the three core campaign types that we could have run into new products that they're developing and really blur both performance and our operations behind it with Amazing talent that we have in-house that historically been focused on, like paid social and Google, and trying to blur that operation, if that kind of makes sense.   Bradley Sutton: On Amazon Advertising, how does your team leverage a Helium 10 Adtomic?   Alvaro: You know the biggest, biggest benefit that we've seen with that Adtomic specifically is helping streamline extremely time-consuming things. I mean we're highly tactical, highly experienced and very, very detailed in terms of the, the campaigns and the way we're optimizing. I mean, you're probably looking at our account we have thousands of campaigns just in the US alone and then you can do the multiples of that because we put similar efforts across all of our channels on Amazon and we're in 15 Amazon stores a little bit under once you start to consider international. So what Adtomic has done really I can speak transparently with you here in person is helping a streamline, extremely time-consuming task like bulk changes, bulk edits, in a way that's not just to get it done to save time, but in a way that's it's insightful and data-driven. Yeah, to keep it simple.   Bradley Sutton: Taking a step back, you just mentioned all the different marketplaces you sell in. If you were to say, you know, just gross revenue, top five, you know, I'm safe to say US number one, what would be? Germany, number two, UK.   Alvaro: It's really interesting on Amazon. It's similar performance that we see between UK and Germany. It's funny because off Amazon our British business is more material. So it speaks a little bit to the power of, I think, of Amazon Germany, or maybe even the preference of consumer behavior. Maybe German is just again, we need to take a deeper dive in this but maybe our German customers just prefer to shop on Amazon Germany, for whatever their reason is I'll come back to your answer but an important fundamental as a brand is we want to meet our customer where they want to be met.   Alvaro: That’s why omnichannel is so critical. But as far as Amazon, definitely the top four is Germany, UK after the US. Canada is up there and then in the rest of Europe between France, Italy, Spain and Holland. I think you have a pretty much flat performance competing for that fifth spot. We most definitely can scale our performance in Japan and Australia just from the data we can see in terms of search volume for our brand. But obviously Japan and Australia aren't necessarily right next to Europe, so it requires a bit more effort logistically. Yeah, that runs up the top five. I hope that helps.   Bradley Sutton: Yeah, what about any non-Amazon marketplaces that you guys are doing well in, like you know, be it Walmart or TikTok shop?   Alvaro: It’s a great question. You know, domestically, 100%, Walmart's been a really great partner of ours. Obviously, they as a business have been hyper focused on developing this marketplace that can, over time, become a pure competitor to Amazon. At the moment, from my understanding, at a macro level, it's still, you know, years away from really competing with Amazon, but they've been great partners in terms of giving us the human element and time and attention and placements that I think a brand like ours deserves, considering how much branded search goes into their marketplace. So that partnership with Walmart has been really important for us. Again, going back to the notion of meeting customers where they want to be met, we've found that there's a lot of customers that want to be met there, and so we're excited and eager to double down on the performance on Walmart marketplace.   Alvaro: And yeah, man, look, I'm based in Basel, one of my favorite things about living in Basel is it's on the border with Germany, France and Switzerland, and so I have firsthand, daily I can see how fragmented consumer behavior is across those three countries and so in Europe, way more nuanced in terms of our marketplace approach. It's obviously Amazon Paniu is critical, but I mean we've got other really important sales channels to us, such as Bowl, right out of Netherlands and Belgium, Allegro, which we've heard a little bit about today in Poland, Manor in Switzerland, Galaxies something in our radar, so a few other marketplaces just because it's so much, so much more fragmented that are critical for us.   Bradley Sutton: Do anything in Korea?   Alvaro: At the moment? No, but we do have a great partner in Korea and we do have some pretty strong performance, not necessarily through marketplace.   Bradley Sutton: It's got to be some Korean barbecue, a product you have. I mean, Korean barbecue is so popular worldwide. Yeah, you know, there's got to be something you can do there.   Alvaro: Yeah, I know that for sure there. I mean, if you guys ever want to see like amazing engineering around a Solo, so I mean I hope I don't know of some of your audience if they're looking at Solo stuff. The aesthetics of the product is so simple. It's a beautiful product, but some of the things we see engineered around the Solo sale out of Japan and Korea and China not by our team is incredible. So owe them a lot of props in terms of like giving us definitely some inspiration.   Bradley Sutton: If you make an in-house Korean barbecue table or device, I would be your first customer. You know, because, like you know, like what I do in my house, you know, none of us are Korean but like I've been eating Korean food my whole life and I just only watch Korean TV and everything. But you know, I just got like this burner with a little tank of whatever it is and it's not efficient. Smoke, like you know, everywhere. I got to open up all the windows and I got to, you know, replay. It's like there's got to be a better way and I think you guys would be the ones to do it. So let me, let me beta test.   Alvaro: Don't challenge us. We're one of the key polar of ours is getting indoors, you know, with some of our core lines.   Bradley Sutton: We mentioned earlier how you, you know, did something with Snoop Dogg. You know that now that's something that, no, not you know brand new sellers or even million dollar sellers, you know should be considering somebody of that stature. But at what point should an Amazon seller start reaching out to maybe micro influencers or just you know people, people to promote their product?   Alvaro: Yeah, look, it's a much different answer today than it was even two years ago. Like, if you're coming on Amazon or you're like a newer brand on Amazon and you don't have a strategy to develop your brand off Amazon, you're going to lose. You're going to lose and it's going to make me. Maybe right now you're on a wave and trying to feel as good, but I promise you, the more you can flatten your reach as a brand holistically, the better you're going to be. In this case, like, the best example is we've been able to grow successfully on Amazon with further investments off Amazon by driving more organic search, because Amazon is a beast right, it's a massive search platform. So the more you can drive awareness off Amazon, you're still going to be technically driving awareness into Amazon. So I would say today, when you consider the basics of you, know, increased competition, increased cost, you know.   Alvaro: Then you have some macroeconomic factors to implement in terms of how consumers feel about spending, you know, their own hard earned funds into brands that maybe they've never heard of. It's a lot more nuanced today and a lot more difficult, so you want to make sure you're definitely focused on developing a brand where consumers can not only connect but have awareness about what your brand is, so they can make a more. You know, feed the funnel earlier and get to that bottom much earlier than anticipated, because Amazon, of course, is the bottom of the funnel when it comes to sales channel. Like, people are ready to shop if they're on Amazon. So, yeah, I would just strongly recommend, like, make sure you invest as much time when it comes to branding off Amazon as you do on Amazon.   Bradley Sutton: Alright, before we get into your final strategy of the day, just a couple somewhat off related topics. But first of all, if you guys want to find out more or find you know about their products, you know, just type in Solo Stove literally to any search engine or on Amazon or Walmart or anywhere. If people just want to find you on the interwebs out there is LinkedIn a good place to follow what you do.   Alvaro: Yeah, LinkedIn is great. I'm pretty private on social media unless your part of our online community. My German wife has taught me well in terms of privacy, but LinkedIn is a great platform. If you just look up, there's only one Alvaro. Alvaro, it’s a very Spanish name, very difficult to Germanize or Anglicize. So if you just look up, Alvaro Lopez. All opus, you'll find me for Solo stuff. I think it's the best way.   Bradley Sutton: Okay cool. Random question why in Peruvian restaurants is the chicken so good?   Alvaro: Man, it's a great question. It's definitely a combination of the..   Bradley Sutton: You got some secret spice that you all are using or what's going on?   Alvaro: Well, actually it's funny because I was like in Utah recently and I know the owner of one of the biggest Peruvian chicken chain in Utah called a Red Fuego. If anyone's ever in Salt Lake City, I've got a couple of chains around Provo, Salt Lake City and he invested like his core investment was the kitchen and he imported it from Lima. So I think that's a core component. And then, of course, you get into the quality of the chicken.   Alvaro: I'm pretty pro animal rights here, so make sure that chicken's well taken care of. It's gotta be a healthy chicken that you're going to be putting into your diet. And then just the seasoning. I mean Peru is like I'm very biased here, but it's definitely top five culinary countries, I think, in the planet because of our mix man. It's a great balance between the indigenous ingredients and culture from the yin and beyond that the Spanish, Italian immigrants, Japanese, Chinese immigrants that came through the 19th century and just made a perfect blend of spices and herbs and that's what goes into the marinade of the chicken man. So those three things man.   Bradley Sutton: It's such good stuff, man. When I was living in LA I would always go. I forgot it was something, Inka was the name of the restaurant. Oh my goodness, so good. Yeah, um, favorite Helium 10 tool?   Alvaro: That's very difficult. Yeah, I mean to be transparent, it's a very difficult answer. I want to say the one I'm just going to complete a correlate a tool to success, and I think the way we write our copy has been critical, right cause we do index very specific things that we know have high search volume on Amazon that don't necessarily appear on our website. I say Frankenstein has been very critical in terms of, not only providing a good copy for a customer, but also getting keywords that have attacked. You know, I've added new, uh, new customers that would have never found us anyway.   Bradley Sutton: Awesome. And then if you were to have a wish list, like maybe something that Helium 10 doesn't do, or a feature or a filter or anything, what would you tell me? Because that's my goal this year is trying to get all the features we don't have yet.   Alvaro: Yeah, that's a great question. I knew you were talking earlier. You're going to spend more time in Europe, I think I think for serious brands that have I mean, you've seen now like the proliferation of great brands that are focused on Amazon. Well, a lot of these brands are going to have global reach. So I think the more resources you can offer to better localize and translate within Helium 10, I think, there's a massive market for that the more you can automate maybe it's something with ChatGPT, but something to translate and effectively localized would be critical.   Bradley Sutton: Got it, got it. All right. Something I asked the guest is like give a 30 or 60 second tip, strategy could be about anything in e-commerce or non e-commerce. Could be about anything.   Alvaro: Go ahead, yeah, I mean let me put my consulting hat on, which have been a brand operator for the last few years. So just focus on action and I think one of the most again going back to lessons I've had from the executive leads at, one of the most important things I took away from, our former CEO, John Maris. He said he'd rather have me focus on doing twice the amount of things half as good than half the amount of things really good and that, really, to be transparent, that philosophy of just iterating different initiatives, obviously targeted initiatives that can drive business, drive top and bottom line, has been really critical. In terms of finding out what sticks, doubling down on those and then the ones that don't work, quickly offloading them, have been really good. So I think just purposefully actioning items that's going to grow your business is extremely critical. You need to be. If you're not waking up every Monday, if your business is good and you're not waking up the beginning of the week, if you're not obsessed about how to double down on that growth, you're on a track to lose. And if you're losing and you're not obsessed about how to offset those losses, then you're going to lose even more.   Bradley Sutton: All right, well, Alvaro, thank you so much for coming on here. It's been great to meet you in person and thank you for taking the time out and wish you and the solo so best of success. Maybe we'll have you back on the show next year and see what you guys are doing.   Alvaro: Yeah. Thanks Brad!
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Feb 23, 2024 • 21min

Helium 10 Buzz 2/23/24: Big Amazon Virtual Bundles Update | Walmart Sales Increase

We’re back with another episode of the Weekly Buzz with Helium 10’s Chief Brand Evangelist, Bradley Sutton. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, interview someone you need to hear from and provide a training tip for the week. Walmart grows online sales in Q4, agrees to acquire Vizio https://www.digitalcommerce360.com/article/walmart-online-sales/ Advertise Audible titles with Sponsored Brands https://advertising.amazon.com/en-us/resources/whats-new/advertise-audible-titles-with-sponsored-brands/ Rev up your digital sales engine with the latest tools and techniques featured in this episode. We're talking about Helium 10's releasing a lot of new features in one week! Get the lowdown on enhancing your product visibility with Keyword Tracker's new packs, and learn how to optimize your listings with the newly improved Listing Builder. And for those with an eye for analytics, we'll guide you on customizing your product insights dashboard using tags for a laser-focused approach to product performance. Lastly, our training tip of the week features Carrie as she shows us how you can use groups inside the Helium 10 Insights Dashboard. It's a powerhouse episode packed with insider tips and actionable strategies, so tune in and transform the way you navigate selling on Amazon and Walmart! ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup  (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos In this episode of the Weekly Buzz by Helium 10, Bradley covers: 01:02 - Amazon Virtual Bundle Update 04:34 - Walmart Sales Up 06:22 - Audible Sponsored Brand 07:23 - Follow Helium 10 On TikTok 08:24 - New Feature Alerts 08:44 - Keyword Tracker 10:35 - Listing Builder 12:03 - Custom Dashboard 12:57 - All Marketplaces Button 14:00 - Black Box for Amazon Brazil 15:37 - Pro Training Tip: Insights Dashboard Groups Feature Transcript Bradley Sutton: Amazon makes virtual bundles extremely more valuable. Walmart releases latest sales report, the most released features from Helium 10 in a week for the whole year. This and more on today's Weekly Buzz. How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the series sellers podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our Helium 10 Weekly Buzz. We give you a rundown on all the goings on in the Amazon, Walmart, e-commerce world. We let you know what new features Helium 10 has released and we give you a training tip of the week that'll give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing. Bradley Sutton: We actually have a pretty light week as far as news Like this is one of the lightest weeks I've seen in a long time. Like crazy, crazy. I'm not complaining, though. Hey, sometimes no news is good news, right, and actually let's start off with some good news. There's no like doom and gloom reports this week, but the first article I wanna talk about is actually not an article at all and what it is kind of a beta test that one of our Helium 10 elite members noticed is running, so you guys know about virtual bundles, right? You know historically this is how virtual bundles look Like. Here's an algae cow product and then I'm just scrolling down a little bit and then right under the image you know, above where the sponsored ads go and even above where frequently brought together is, you'll see this virtual bundle section where it shows other products on this brand. You know I've been saying for, oh my goodness, almost two years now about how I think anybody that has two products or more in a brand should be using Virtual Bundles. It's completely free to use as far as there's no pay per click and it takes up, as you can see here, historically, pretty big real estate but, however, it's not something that a lot of people actually use to buy, like, you know, those who do virtual bundles. It's not like, oh my goodness, it's gonna increase your sales by 30% or anything like that, but it's great to push your sponsored ads down and also, you know, take up some nice real estate and cross promote your products now in our Helium 10 Elite and Serious Sellers Facebook group. Bradley Sutton: One of our users, Elizabeth, who has been on this podcast before she noted how hey woke up this morning and Amazon has an update for the Virtual Bundles widget, right above the bullet points, showing it as a variation even of the main product. All right, so this is interesting. Take a look at how it looks on her screen the same exact product that I just showed you. You can see right here that it kind of shows as a bundle right here, right under where the variations are, right to the left of the buy box, and then if you mouse over it it actually shows what products this bundle has. Now that image I was just showing you guys a minute ago on my screen for the first one for the product that's live on my computer. So obviously it's not across the board yet, like where it's universal, where Amazon is showing us, but I really hope that this is going to be something that's permanent. All right, you know, sometimes Amazon does tests and we're like yo, what in the world are you doing? You know I'll go back to how it was, but this is one of those ones I'm hoping they push through On my cell phone, my mobile app of Amazon. Bradley Sutton: Take a look at how it looks. It's actually kind of cool here. Let me go ahead and play this. I did a video here of how it looks on my cell phone, but you can see, here's the image and there's the variations, and then again, right under the variations and right before the Buy Box, you can totally see that there is the virtual bundles that are advertised right there Now on mobile, which is how most people buy these days. Right, this is even going to be more valuable. I mean, I don't know if you guys saw on that screenshot there though, the very top of the listing, it had one of her Sponsored Brand Ads for one of her other products and it showed the main image of her product. It showed the variations and then the virtual bundles and then the Buy Box, like there was not a competitor listing anywhere in sight. So, man, again, here is to hoping that this is going to be something that happens across the board with virtual bundles. I think that will be very that'll be pretty cool for sellers and, again, all the more reason that you guys need to be creating your Virtual Bundles. Bradley Sutton: Next article is from Digital Commerce 360. It's entitled Walmart Grows Online Sales in Q4 Agrees to Acquire Visio. Walmart put out their report. They talk a lot about their regular sales, which only increased just a very slight bit, but Walmart US online sales grew 17% in Q4. And said global e-commerce sales actually grew 23%. Now another interesting part of this article they said, hey, e-commerce sales were led by continued strong growth and store fulfilled pickup and delivery. Over the last two years, store fulfilled delivery sales have nearly tripled and now we're doing over $1 billion a month. All right, so again, that's one of the kind of ways that Walmart is catching up with Amazon without having an extensive warehouse network like Amazon has and delivery drivers and things like that. They've got over 4,000 stores and a lot of these stores are the ones that are doing that final delivery. Now the article goes on to say that Walmart didn't share specific information about the Walmart+ program as far as how many members it has, but it says it finished Q4 with a record Walmart+ membership penetration. The article also talks about how there's over 400 million SKUs on Walmart's marketplace now and a significant portion of sellers are using WFS Walmart fulfillment services. So again, we've been talking about this for years. Now, guys, if you're not selling on Walmart yet, probably something to think about. It keeps increasing the marketplace there and as Walmart expands it's Walmart+ offerings I think you're gonna see more customers shopping on that platform. Bradley Sutton: Last article today is just something from Amazon and it's about something we've never talked about in the show, probably doesn't affect a lot of you, but just goes to show that you can pretty much advertise anything these days. So we've talked about having your own Kindle, direct, publishing books on Amazon, maybe merch by Amazon, things like that. Well, how many of you have Audible books? All right, so books that are for the Audible app that Amazon has, where you can listen to books, right? Well, guess what? If you make Amazon Audible books, you can now run sponsored brand ads to there in North America, Europe and Asia. So maybe it might be something I have to do and episode on in the future, or some training about how can you get on the Amazon Audible platform with a book, because now you can go ahead and advertise to it as well, whereas in the past only KDP and traditional books could have sponsored brand advertising. All right, that's it for the news this week. Bradley Sutton: So one quick thing I want. I'm gonna do a little quick contest here. All right, guys? All right. As you guys know, we've talked about on this show, Helium 10 has a new TikTok channel. I wanna give you guys an opportunity to win a one-on-one call with me. Here's your homework if you wanna qualify to at least be eligible to do it. All right, so go to our TikTok New page, right. It's called helium10_software. There's some fake accounts out there. Don't click on helium underscore or helium10_software, all right. And then scroll down all the way towards the bottom of our feed. Once you get there and find my video when it says best Amazon ranking hack. I talk about something inside of helium 10. I want you to go ahead and watch that video and comment on it and say you've heard about this from the Weekly Buzz and Make sure to follow helium 10 as well and those who follow the helium 10 channel on there and who go ahead and comment on that video, or we're gonna pick a random person to have a one-on-one call with me, all right, let's hop into our new feature alerts of the week. Bradley Sutton: And there was not that much news on the Amazon side this week, but oh my goodness, we have released tons of things this week. A lot of them you guys ask for the first thing want to talk about real simple. A lot of you Definitely use Keyword Tracker, but then those of you who have tons and tons of of skews, you always ask a hey, I don't have enough keywords to track. Well, if you don't have enough keywords to track, don't worry, you can now go ahead and go into your Keyword Tracker. At the very top of the page there's this button that says need more keywords and you can now buy like packs of keywords that so that you can have more than whatever your plan has for Keyword Tracker. So that's the first tool that we have. The next announcement that we have is actually I'm gonna go ahead and let Kevin King Do it himself. Kevin, take it away. Kevin King: Hey, what's up everybody? Kevin King here, you know one of the number one questions I get is how can you connect to me? How can I, Kevin, get some advice or speak with you or learn more from you? The best way is with Helium 10 Elite. If you go to h10.me/elite, you can get all the information. Sign up for Helium 10 Elite. Every month I lead train advanced training where I do 7 Ninja Hacks. We also have live masterminds and Every single week, one of those weeks, I jump on for a couple hours and we talk shop, we talk business, do in-person events. Helium 10 elite is where you want to be. It's only $99 extra on your helium 10 membership. It's h10.me/elite. Go check it out and I hope to see you there. Bradley Sutton: All right, guys. So don't forget, Helium 10 Elite has tons of perks, you know. Kevin just mentioned some of them, so I highly recommend checking out the program h10.me/elite as soon as you get into Elite, book a one-on-one call with me. If you don't win that TikTok contest, you can book a one-on-one call with me or with Carrie or Shivali If you're a Helium 10 Elite member. And that's just one of the many, many different Perks there are of being a Helium 10 Elite member. Last week, we announced a new tool and Listing Builder for being able to see the score of how your listing kind of like stacks up compared to your competitors, to the Amazon algorithm for SEO, right? Um, a quick update to the tool once you get into Listing Builder. This is something that people Requested right away once we launched. This is we. We brought back the root keywords when it was, like in the old scribbles, we would tell you what individual keywords were in the phrases that you put in. Well, now we have the One word roots. So you click on one word roots. It'll say what are all the individual keywords that make up the phrases down below and, in addition, how many times you have in your listing. But now for the first time, we also have two words or three plus phrases, like, for example, if I hit two word roots on this page, coffin shelf comes up, coffin makeup, gothic wall, and that's because those are all in multiple phrases below. So maybe there was coffin Shelf for men, coffin shelf for women. Well, that means coffin shelf is in those phrases twice, and so I can see how many times I've used that root for two or three word phrases. And then down here at the bottom We've got the competitor performance score right here on the right hand side and the search volume that's listed and which keywords I have used and not used. So a pretty cool update there for our Listing Builder. Next week there's even gonna be more updates to that tool that we'll be Announcing shortly now. Bradley Sutton: If you guys are on the Supercharge plan right, not Diamond, not Platinum, not Elite, but Supercharge there's one update I want to let you guys know about. You guys have the ability to now make custom dashboards. So you would go into your just regular dashboard here and hit new dashboard and Now you can create just tons of different things, like whether it's a chart or a graph about anything in your Amazon, in your account in Helium 10. For example, I can select your graph and then now I can graph, maybe, hey, what's my PPC click-through rate and graph that compared to my unit sold. Let me graph my RoAS and my ACoS. Let me check my ad spend, compare it to my refunds over time. I mean, you can pretty much chart anything here in your dashboard. So those of you who are supercharged members, make sure to go ahead and check that out and play around with your first graphs that you can now make. Bradley Sutton: One quick update in our Chrome extension and this is what I suggest doing any of you guys doing if you're selling in one marketplace is you might not know that there's potentially people in other marketplaces that are hijacking your listings, like maybe they're selling on it. So what you should do is go to your listing page any of your listing pages and the Helium 10 Chrome extension that comes up at the top. What you do that you're gonna see this All Marketplaces button. Hit that, see more data there. And now, instantly, I can see all of the different marketplaces that my product is being sold in. So, like, maybe I'm selling this garlic press only in the US and I'm like, wait a minute, I don't sell in Germany? How is somebody selling it for 35 bucks in Germany? How is somebody selling it in Great Britain? Right here, that's not me. So now you can go and click this and go check. All right, who's the seller that is selling my product in these other marketplaces? Sometimes you'll be shocked to know that other sellers are selling your products and you might wanna take action on that. Bradley Sutton: All right, the last update of the day comes from Black Box. I told you guys there was a lot of updates today and all of the black box tools now are available for Amazon Brazil. All right, so you would just select it right here in the drop down menu of all of the different marketplaces that we service and and just enter in a search, just like you would in your marketplace. So right here I'm in Black Box Keywords and I said hey, here in Brazil, show me a keyword with a search volume of a thousand. So, for example, right here I see hardy met BC, that category, I think that's garden and pool category. Right, I'm saying, hey, show me this keyword with a thousand search volume and it has at least three words and a title density of less than five and I have a whole bunch of Portuguese keywords from Brazil. Here's a Basel de planta, a racket electric, a mosquito electric mosquito racket. I guess a lot of interesting products here. I don't speak Portuguese so I don't even know what these mean. Here's one I think that means a garden hose 20 meter garden hose. But here's some just keywords that came up in the Amazon Brazil marketplace. Bradley Sutton: That's our latest marketplace, that we have tons of tools. Already Amazon Brazil was working for profits and Keyword Tracker, Magnets, or Cerebro, or more, and we're adding more tools as the time goes by. Don't forget that soon everybody who sells in Amazon United States is going to be able to sell an Amazon Brazil with this a click of a button. Some of you already are able to do that, but by March everybody's going to be able to do that. We'll have a podcast all about that program coming up soon. All right, next up we have our training tip of the week and it's actually a newish filter that a lot not a lot of people are doing, where you can group some of your products together on your Helium 10 Dashboard. Carrie, take it away. Carrie Miller: Hello everyone, today I'm going to show you a new feature that is available in Insights Dashboard. Now, if you're not using insights dashboard, you are missing out. It helps you to see so much that's going on with your products. Like you know, it'll basically it's a dashboard where it's kind of like a hub, where everything that's going on with your products is very visible. So, if you need to add keywords, if you need you know, if, if your listing got suppressed or if there's an alert, you know, maybe your dimensions changed, there's something that's going on with your products. It's all shown in the dashboard. And you can also monitor your competitors to see, you know, have they added a coupon, have they changed their price? They changed their listing? There's so much more than that, but it really saves you tons and tons of time monitoring your own products as well as your competitors products, and now we have the ability to tag an insights dashboard, so I'm going to go ahead and show you what that looks like. So this is insights dashboard. You're going to want to go over to where it says my products. Okay, so click on my products and this is going to be a list of all of your products here, and so, basically the way that this populates is if you connect your Helium 10 account to Seller Central so that it automatically pulls this information in. Carrie Miller: But sometimes you have tons and tons of products and a lot of different types of products, so maybe you're wanting to look at a specific type of product. You can actually group these with these different tags. So, for example, we have a bunch of different coffin shelves. We also have egg trays, so I made two different tags. One is coffin shelf, and so if I click on coffin shelf, I'm going to be able to see all of the coffin shelves that we sell that I tagged, and then, if you want to untag it, you want to see everything. You just click back on the tag. So to create your tag, it's super easy. All you have to do is, you know, go in here and click on the settings wheel that I just clicked on, and you're going to click on add tag. Carrie Miller: Okay, so on this, you can actually tag your competitors and your own products, okay, so, um, that is one really great thing about this is that you can. You can, you know, find and group them all together if you want to, so you can do competitors or you can do your own products. In this instance I, you know I actually just tagged my own products, so all of these are my own products but say I wanted to go in and I wanted to kind of edit this tag and I wanted to add some competitors. And take a look at the competitors, I can click on the competitors tab and I can search those competitors and add them on there to have them grouped kind of in a similar way. So there's a lot of different ways you can do this. You can also even go over to the competitors tab. So I'll close out of this and I'll go over to the competitors tab. And in the competitors tab you can also just create you know the same place here. Carrie Miller: So you can just add a tag here and you can say you know you can name it like increasing revenue or something like that, maybe you want to track those people, that you can do whatever you want in these tags and you can group your competitors in your own products in any way that you want to. Um, or maybe there's groups of products of your own that maybe you, you know, have started to see fall. You want to keep an eye on them. There's a lot of different ways you can do this, um. So all you have to do is unclick the tags so you can see all of your products. And one cool thing is you can actually even go through and say, oh, I want to add a tag here or here. Oh, I didn't add this one to my egg tray one, so I'm going to click and add it to my egg tray tabs tags so that I can see it there. So you can do this. You know in so many different ways. Carrie Miller: Um, you can you know, maybe also tag something that's on promotion, or if you're launching different products, you can say you know in launch phase. Or you know ranking. If you're working on ranking, you can tag those and say you know ranking. Um, because you're doing a lot of outside traffic, maybe an influencers, and you want to keep an eye on those and you want to sort them out. You can do literally anything with these tags. It's the sky is the limit. So what's great about this tool is that you can customize it to whatever you want to do and it helps you to just sort through the products very quickly based on what you're looking at or what you want to look at. So go ahead and check it out. If you haven't checked it out, I think this is a really great um feature to be able to categorize your own products and your competitors products and to be able to find them and sort through them very quickly and easy. So check it out and we'll see you later. Bradley Sutton: All right, thank you very much, Carrie, for that. So you know you might be wondering how do I use that. You know, like, for example, me, I've got four products right now that I'm launching all at the same time, and so maybe I just want a quick way to see those four products, about what's going on with my keywords, my sales and everything, instead of having to like filter through them. Well, now I can just give those products a launch tag and this with a click of a button. Now I can see everything that's going on for those four products on my Helium 10 Dashboard. So play around with that guys. Make your own custom tags. Let me know which ones you put in the comments below. That's it for the news and features and training of the week. Hope you guys enjoyed this episode. We'll see you next week to see what's buzzing.
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Feb 20, 2024 • 31min

#537 - Walmart Sales Growth Strategies From The World's #1 Walmart Expert!

Have you heard the latest buzz about Walmart's marketplace? It's time to tune in as we chat with Michael Lebhar of SellCord, the brain behind the surge in sales for countless Walmart sellers. Our discussion is packed with strategies and insights, from exploring the alluring incentives for new sellers to the secrets of wielding the latest metrics to skyrocket your sales. Imagine mastering the art of ad automation or creating a brand shop that takes your visibility to new heights; that's exactly what we're unpacking in this episode. Michael and Carrie dissect Helium 10's Adtomic and its advanced features, designed to empower Walmart sellers with precision ad management. We're also sizing up the impact of Walmart Brand Shops on your sales figures. The conversation then shifts gears to the nitty-gritty of search engine marketing (SEM) and how Walmart's beta coupon program is shaking up the game – a potential goldmine for engaging customers. But wait, there's more! Are your listings primed to pull in buyers, or could they use a tactical tweak? We're laying out a blueprint to boost your presence and sales on Walmart's marketplace, emphasizing the vital role of high-converting keywords and how Walmart's Fulfillment Services (WFS) and flash deals can be your ace in the hole. We wrap up by dishing out pro tips on navigating Walmart's evolving landscape, from optimizing product categories for approval to the influence of title density on your Walmart listing’s performance. Walmart sellers, buckle up – this episode is your roadmap to conquering Walmart's bustling bazaar.   In episode 537 of the Serious Sellers Podcast, Carrie and Michael discuss: 00:00 - Selling on Walmart With Helium 10 00:56 - Winning with Walmart Wednesday: Incentives for New Sellers 03:15 - New Features for Walmart Sellers 04:47 - Walmart Seller Center Updates and Strategies 07:05 - Walmart Brand Shops and Marketing Strategies 08:17 - Success of Search Engine Marketing Strategy 11:28 - Strategies for Boosting Walmart Sales  13:35 - Boosting Sales Strategies on Walmart 14:49 - Optimizing Walmart Marketplace Sales Strategies  19:30 - Effective Keyword Campaign Strategies 21:43 - Walmart Strategies and Tips for Sellers 23:48 - Amazon Seller Approval Guidelines Update 28:53 - Optimizing Walmart Listings for Success ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup  (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript Carrie Miller: In today's episode, we are going to be talking with Michael Lebhar about strategies that sellers can utilize to help grow their sales on Walmart, and we're also going to be talking about some new metrics that Walmart has made available to sellers and how you can use them to your advantage. This and so much more on today's episode.   Bradley Sutton: How cool is that? Pretty cool, I think. If you guys would like to network with other Walmart sellers, make sure to join our brand new Facebook group called Helium 10 Winning with Walmart. You can actually just search for that on Facebook or you can actually go to h10.me/walmartgroup and you can go directly to that page. So make sure to join. You can tag me and Carrie with questions and ask questions of other Walmart sellers or even share your own experiences in that Facebook group.   Carrie Miller: Hello everyone and welcome to another episode of the serious sellers podcast brought to you by Helium 10. My name is Carrie and I'm going to be your host today, and this is our Walmart Wednesday, where we go over all of the things Walmart and we answer your questions live and we give you any updates that have to do with Walmart. So we'll go ahead and get into it. So today I do have a special guest that I'll announce in just a minute and he is going to be great for answering questions and I will answer some as well. But before I get into that, I wanted to talk about some incentives that Walmart is having for new sellers. So if you have been considering selling on the Walmart platform and you haven't pulled the trigger yet and you want to get into selling on Walmart, there is a really cool incentive right now. I'm going to put the link to this special deal because it's not for everyone. You have to apply through our Helium 10 link. Basically, what it is is, if you apply through this Helium 10 special link, then you can get up to 100% of the referral fees taken off, basically for 90 days. So you won't have to pay referral fees for literally up to 90 days, so actually up to 100% for 90 days. So the way that it works is basically everything that you do kind of unlocks something. So the first 50% off that you get off is you get 50% of the referral fees for just signing up and getting your products up and running, and then the 90 days start. Once you're up and running, then you get another 20% off your referral fees if you start utilizing Walmart Fulfillment Services. So that's WFS and you can enroll in that pretty easily. The next thing is you'll get another 20% off for using Walmart Connect, which is the ads platform, so you can start advertising on Walmart. And then, finally, if you want to start automating with the repricer, you can. You get another 10% if you start using the repress repricer. So that adds up to 100% off of your referral fees. Now, not everybody's going to use the repricer, so at least up to 90% off referral fees, which is absolutely incredible, such a good deal. So I will add that link in. So if you haven't started selling on Walmart and you really want to get started selling on Walmart, definitely click that link and take advantage of that. And this goes for US sellers and international sellers. So they're they're allowing anyone who clicks that link, that is a seller on, or wants to sell on Walmart and gets accepted, you can have that great deal. So that's great.   Carrie Miller: And then the next thing helium 10. As you all know, we have Adtomic for Walmart, which is our ads program where we help you to manage your ads. It makes it a lot easier to manage your ads, and so we've added some rules and automations. You can now do day partying so you can advertise at certain parts of the day that are more profitable for you. You can add in bid rules. You can add a target, a cost max, impressions max, or you can create custom bid rules. So the new Add Tomic is absolutely incredible. If you want to book a demo, we'll also put that link below as well, because you can book a demo with one of our Helium 10 Adtomic experts that can help you. Not only you know, show you how it works, but then get you up and running on that. With ads. It's super easy. There's so many automations that will help you to manage your Walmart ads. All right, so I'm going to go ahead and get into our special guest, because I think a lot of you are very excited to have him on and his name is Michael Lebhar, so I'm going to go ahead and bring him on. Hello, Michael. Hey, so Michael Lebhar is from SellCord and many of you have seen him on Walmart Wednesday and a lot of other podcasts. He's been speaking, I pretty much all over the world, haven't you? He's been talking about selling on Walmart. He owns an agency called SellCord and he is doing really, really well on Walmart, has some products in stores, so we have a wealth of information available to us by just chatting with Michael. So thanks so much for joining us. What’s up Michael?   Michael: Thanks for having me here. It's fun to be back.   Carrie Miller: Yeah, yeah, you were on here last. It's been, I think, a year since you've been on, so I'm very excited to have you back so I wanted to talk to you about a few things like new updates, and so we'll talk about some updates with Walmart, and then I'm gonna also ask you about some strategies that you can give to sellers. So the first thing I want to talk about, though, is sales rank, because this is something that's new. In the back of Walmart seller center, under search insights, you can actually see your sales rank for your product, and so I was wondering if you had any insights on how any Walmart sellers could utilize this information, or what you know, what you can do with that, or what you've been using it for for sure.   Michael: Yeah, that's a pretty new data that Walmart started adding in and basically, if you go to your growth opportunities and you go into search insights, there's actually a lot of helpful data there conversion rates, click rates, and they rank it kind of high, medium and low select you could have a good idea of how you compare against competitors in your category. But what you're specific specifically regarding is Sales rank, and sales rank is a number that they basically rank how well you're doing Compared to the other. You know your competitors in the space, so it's pretty helpful number. I like seeing when we have also multiple items within certain categories, seeing how they rank against each other, how the search links against each other, and then you could see the difference in sales rank and obviously the difference in sales between those items. You could kind of gauge a little bit more on like the type of sales you should be expecting from other items. So I would definitely make sure to take a look at that. Look, go, look at the data and start getting more comfortable with it. As you know, time goes on, it'll start becoming, you know they'll start there again. It's gonna start being more and more data there. So I would definitely take a look at that data and try to utilize it another thing.   Carrie Miller: I mentioned this on our last Walmart Wednesday and that is that brand stores are now available. So I was wondering if you have started utilizing those, because I know you manage a lot of brands. Have you started creating brand stores and how are you utilizing them? What kind of success have you been seeing so far?   Michael: great question. Yeah, so brand stores been. You know We've been waiting for them for a while because there's been brand store functionality for years. But you used to have to pay seventy, five thousand dollars, if I'm not mistaken, to get a brand store. Now it's actually free. You just have to apply mom, not all brands get accepted to the most brands kind of that we've been applying. I've been getting accepted to the brand store. It's through Walmart connect. So it's through your Walmart connect account, you apply and you get access to there. There's a few great reasons. Number one like on Walmart, the brand shows pretty prominently on top of the title. A lot of people click on there. They look at your expanded assortment. So you're able to actually you know, you know, utilize it to bring all your items into that one link. A lot of times when you're it's just done by shelf and it's not by your brand store, like you'll see, random items that are you're not your brand show up when you click on your brand. So it's important to. That's one great way. Number two is for advertising. You're able to start sent. You're able to send ads to certain shelves. Now, sending it to a shelf that just has items on it because of a filter and doesn't. It's not like a. A set shelf Through brand shops is way less effective. Also, you can't have any banners and things like that, so we've been using a lot for advertising and that proves to be pretty effective. So, yeah, definitely exciting and there's definitely a lot of Opportunity there. A tap into creating ban shops We've been creating a lot of them for brands over the past. What would say mainly like month and a half, two months.   Carrie Miller: Awesome. Yeah, I think a lot of people have started to work on those, so I think that's definitely a huge opportunity as well to not only get your sales for the one item but, you know, showcase all of your items and increase the court order court cart order value. The next thing I wanted to ask you about is the search engine marketing. It's called SEM on the growth opportunities tab. How has that been working for you? What? What kinds of things have you been seeing with with SEM, or I guess they might call it Sem on the back end there. And, yeah, just go ahead and get some insights on that this was an interesting one because you know it's.   Michael: If you know in the Amazon space like people use different providers to help send Google traffic to their Amazon listing To build rank, that's essentially what this product is. It's you could run Google ads from within though your Walmart account. So number one, your attribution is gonna be, you know, much more legitimate, obviously because it's first-party data, so they know what converts. So like that's really helpful. You know, I'm trying. I was trying to kind of see if there's a difference in cost running gets through Walmart versus. So I'm trying to see a little bit about that. But yeah, so we long story short. In a lot of cases we haven't seen success that. There's been some cases where we've seen some good success with it. I wouldn't say like any crazy results, but if we're helping boost items that also have like lower ad relevancies and are having a little bit of hard time getting traction, like we've seen some decent success there. I would say, just because they're giving away a lot of promos with that, like check your email, you probably got either like spend a thousand, get a thousand, spend 500, get 500, or even now yesterday I think I saw some clients got like spend 500, get 250 or something along those lines. So there's a lot of you know I'm opportunities, or even you could see from there, like how you know how effective it is and then from there you could decide if you want further in it. I think it's definitely worth what. It depends on the category. So, like I would say, you know, search on Google for, let's say, you sell bikes, or turn Google for bikes and see, like what Google Shopping ads are coming up and if you feel like you're right, fit well there and convert well there, based on your pricing and Based on your product type, like then there's definitely opportunity there.   Carrie Miller: What's kind of interesting is. I remember you pointed out to me like two years ago that Walmart was actually doing this for us for free, and so we actually got a lot of traffic to our listings through those kind of Google ads and I noticed my sales picked up with the Google ads that they were doing for me for free. So I do think it's definitely something that's worthwhile to do, because it says Walmart comm under the Google shopping little ad and so people trust Walmart comm and it's just a, I think, a higher conversion rate. For that reason I'm. Coupons can you tell me a little bit about coupons? I know they're in beta and I know you have had access to coupons. What kind of success have you seen with those? And can you tell us just a little bit about the coupons that Walmart is testing out right now?   Michael: Yeah, so traditionally there's really been no coupons on Walmart.com. Besides, for some in-store items was through a third-party provider. There was a couponing program that was very expensive for in-store brands and you should spend tens and tens of thousands of dollars to be part of it. That was the only couponing available on Walmart. Walmart recently rolled out couponing through Marketplace beta and it's been in beta I think it's already been a couple months and we've been having a lot of testing with it. I've started to become a really big fan of it. We've started seeing some really strong success there. Now, in some ways, obviously when you have a price cross-off it works better, but obviously with coupons, not everybody redeems, so you save a little bit there. But more importantly, the reason why we've been leveraging coupons is Walmart has these deal shelves that do a lot of volume, and very significant volume, In order to be able to be eligible for those deal shops deal pages that a lot of times want really good pricing, sometimes even better than Amazon. So if you're going to provide pricing that's better than Amazon, or even if it's going to be good pricing but you just don't want to bring down your Amazon, you're okay, get bringing down your Walmart. You just don't want to bring down your Amazon because your Amazon is doing a lot of volume. Whatever the case might be, you don't want to lose your buy box on Amazon. One of the good ways to do that is through couponing, because it depends on who your account manager is and how well your relationship is with Walmart, but they do sometimes accept your items for that. So that's been a one really cool way to leverage coupons and we've been seeing some success there.   Carrie Miller: Okay, another one that's in beta is subscribe, not subscribe and save. You said subscribe. So have you had some clients utilizing subscribe on Walmart? Has it been getting good traction? What do you think about subscribe?   Michael: I think it's got ways to go. I think it's really cool that there's that functionality there now. I think in the beginning that we're testing out subscribe and save and now it's just unsubscribe. But there's really, if you're selling obviously consumables, anything consumables, but anything people repurchase often, it definitely makes a lot of sense. I think just the Walmart, it's pretty prominent now and a lot of times it's auto selected, so it's like pretty prominent and I'll talk to buy a lot of items. So we have been seeing some traction there. The issue is, I think the Walmart customer isn't used to subscribing yet. So on Amazon they're very used to subscribing. So I think it's going to take some time till the Walmart customer really picks up on that. It doesn't hurt to have it on there, obviously, but I think it's going to take some time till the Walmart customer really picks up on the habit of subscribing and the convenience of it. So I think we got a little bit of time to go there, but it's cool that it's already built out.   Carrie Miller: Yeah, sounds like coupons is giving better traction. Okay, so I have had a lot of questions from people recently about, you know, they're starting up on Walmart and they're kind of, you know, getting everything set up but they want to really, you know, be successful on the Walmart marketplace and they want to get sales going. So what are some strategies and what are some things that you would give advice to somebody who's you know maybe just starting out on Walmart, or maybe they're on Walmart and they haven't had enough traction yet? Like, what are some sales strategies that you would recommend to them to boost their visibility and sales on Walmart?   Michael: Yeah, so I think there's a few things and obviously it depends a lot on the type of items you sell and a whole bunch of other things, but some things that generally keep in mind is Walmart recently started releasing some data, which is extremely helpful. If you have Pacvue, you could actually see it on search insights on Pacvue. But there's basically Walmart started releasing data through API on the Kinect side where it basically shows you every keyword on Walmart, from 1,000 to 300,000, what the keyword is, how high it ranks, right. So they're not giving you search volume data, they're giving you, if it's one, it's the most searched keyword, right, for example. And then what are the three top items converting getting the click share and the conversion share for those keywords and the way we you know, I think, when you're coming to the platform and you're in a new or seller coming to the platform, I think it's really important to understand the shelves that have volume and the key word is the shelf. But like the shelves that have volume, and then what's converting for those shelves and make sure like your product fits the characteristics of what's currently converting there, because if not, like you're right, you might be successful, but it's hard to know. But if your product has the right features, as at the similar price points and maybe even more competitive, then you know there's good opportunities there and I think you really have to tailor your approach a lot more to understand the shelves and their standards going on. That's number one. Number two is, like, lean into the Walmart programs as fast, as quickly as possible, whether it's WFS, whether it's Walmart Connect, whether it's work incentives working with Walmart, whether it's, you know, flash deals, promotions. Like, really lean into those programs. They drive so much significant volume and it's something that you know is. It's one of the advantages of being a marketplace seller versus selling DSV on you know one P to Walmart. So, like you have a lot of those advantages, you might as well use them to your leverage.   Michael: And people always complain about and I hear this all the time the one P seller is in the store items. They're on the top, ranked on the top and they get preference. The reality is that marketplace sellers have a lot of advantages that the one P sellers don't. So if the marketplace sellers really tap into the advantages and I've seen the ones that do it but if they tap into Flash Deals, promotions, a lot more of those placements are marketplace right now. They're not. Flash Deals is basically all marketplace, I think if not I'm not mistaken, it's all marketplace. Mosaic's are, especially during key times and events. It's very heavily marketplace driven. A lot of the data and things you get is a lot more on the marketplace side than on the one-piece side. So there's really a lot of programs that you could really lean into, especially with WFS. There's so many things that if you do them, you put yourself at a better advantage. So yeah, I would just kind of strongly emphasize that.   Carrie Miller: So you're saying Walmart Connect is advertising and the Flash Deals not everybody has access to those. Can you maybe give some strategies to get those or what is needed in order to get access to Flash Deals?   Michael: So if you're doing volume any decent significant volume it's usually going to be added to your account. If it's not and you're doing a lot of volume, you can reach out to me and I can get it added to your account. But yeah, most cases if your account's doing volume it'll get added to your account. If not, you can open up a case and request that. I'm not sure if that works, but you can email me and I can try to get it added to your account.   Carrie Miller: Is there a number of certain amount of volume, a year or a month, or what are they looking for?   Michael: So I'm not sure they don't say it. I know there's a number for that specific item to be eligible for Flash Picks. To actually do that it's in the thousands. It's not that much that it has to be doing in sales. It's in the low thousands for it to be eligible for Flash Deals. But for the account itself, I'm not sure Because I have very small accounts that have it and I have sometimes bigger ones that don't have it, that just have to request it. So yeah, I'm not sure exactly what the criteria is.   Carrie Miller: All right, yeah, those are some good suggestions. Anything maybe on the optimization side, or like do you think? That the pro seller badge is really needed, like what are some other things people can do and focus on that they can control to get more sales.   Michael: Yeah. So I think items if you're already an existing seller or if you're coming on, like I think it's important to pay attention to item spec 5.0. There's been new updates in the Walmart guidelines for how items are listed. I was actually in the Walmart offices in Hoboken a few weeks ago and we were actually looking through listings that we managed and seeing how, like, once item spec 5.0 got implemented for listings that didn't implement the changes, how, like slow performance kind of dropped off in some areas. So definitely learn those, pay attention to some of those, adjust your listings. You know, in Venezuela there's no reason to wait until, like, you're not just starting to not rank to make those changes. So I would definitely suggest that is one thing that you could control. I really pay attention to.   Carrie Miller: All right. So what about keywords? So you said you know they're basically ranked on there, but I know you know with Helium 10, we have kind of a search volume. You know, what kind of keywords do you recommend going after, like if something has you know 30,000 search volume or it's like a high ranked volume, do you think people should go after those? Or should they go over after low hanging fruit keywords in their advertising, in their listing? Like, what's your keyword strategy for marketplace sellers?   Michael: It's a great question. So start off with getting as really figuring out your really high converting keywords and building campaigns around those. Because even though the volumes of those are so low, you really need to build ad relevancy on Walmart and you could try bidding on the main keywords. But it's just so. Even if your item in a situation where your item would convert really well for a high volume keyword, you eventually want to target those because that's where you'll make sales. It's too hard to make sales by the smaller keywords. If it's a situation where the really large keyword, your item, doesn't fit in well there, like then you know that shouldn't be an item you're focusing on. But in order to be able to bid effectively on those keywords, you need to start building some ad relevancy. So what you'd seen work best is like building some campaigns around a lot more targeted keywords and build some relevancy there and then from there, like when you start bidding on the main keywords, you'll start being able to win them much easier and much better.   Carrie Miller: Do you mean like long tail keywords, like, for example, like bookshelf, like you would say large green bookshelf and you would target that instead of just bookshelf?   Michael: Exactly, yeah, and with Walmart, like you don't have to go even that long tail, like sometimes it's even two words, right. So like a white bookshelf, a bookcase, a green bookcase, but things like that, and you'll already have, you know, some volume there. That already allowed you to start converting.   Carrie Miller: Another question for you about ads. Then I noticed whenever I'm shopping on Walmart I haven't seen many people utilizing video ads. Do you know why that would be? You know? Do you think they're really good converting tool for you know? Because I think they're only a dollar and I think that's pretty cheap for a lot of people who are moving over from Amazon, or like just a dollar or something. They're not that expensive comparatively to Amazon. So I'm just curious why you think maybe there's not as many video ads and what you think? You know how well you think they're doing?   Michael: Yeah, so we've been having good success with video ads. It's really great if you have good content about your product and there is good video, so to say, do about your product. You're getting so much brand visibility and just for low costs. Like you said, the reason why it's not in a lot of categories is, for the most part, it's usually people not bidding on it. Like you have to accept the video ads and most people are just not doing it. So a lot of times, like we'll see really good success there, then some competitors start the video ads because we're doing it and then it starts becoming not as economical. But in the beginning you could get some good boost out of it.   Carrie Miller: Any other strategies or anything that maybe I haven't covered, that you wanted to talk about in this?   Michael: I think that's good. I think just pay really close attention to the updates and things that are coming out from Walmart, like if you're pretty quick to jump on those, you know some of those programs could help move the needle. So and just plan a lot around promotions. Like there's a lot of leverage with promotions. Like try to plan properly around how to position your promotions. It's a longer conversation but there's a lot to unpack there. So definitely try to have a better eye for the promotional angle.   Carrie Miller: I did see like Black Friday it came up pretty quickly. Is that kind of how Walmart works? Is like the deals come out pretty quickly, you have to move fast and say you want to do them, or is there a planning process for them?   Michael: There's a planning process. If you have an account manager, like holiday deals get planned way in advance, but there's also like the prime equivalent event that they do around prime things. So like definitely want to plan ahead with your account manager and ask them if there's any opportunities for your items to fit into any of their promotions and see if there's any opportunities there.   Carrie Miller: Okay, all right. So we've got a question from Lady and the Storm. How long is the process to get approved?   Michael: To sell on Walmart. It could either happen right away, it could either take a few days, it could either be a denial. So you know it really depends on. But if you really, if you fill out your information properly and you double check it all and you fill out your information properly and all the paperwork and everything matches up and you're, you know it looks like you have a decent Amazon store, like you know, you shouldn't have a problem getting accepted unless you have, like another application before. And most people, by the way, that come to us with like a non accept, like denied accounts, it's usually like they have another, they have another, they have another account they tried opening. It's linked on the email, there's that to like all these bunch of things. But just, I think it's very important to make sure you really think through your application, make sure that you know you have everything filled out and if you already tried applying in the past, like reach out about it rather than opening up another application, it'll just get both your applications, yeah you can reach out to sell cord.   Carrie Miller: Michael does has helped some people that have gotten rejected. That I've sent over to him. So reach out to them if you do have some issues with that. And also have they kind of loosened the guidelines on? You know, do you have to be an established seller still? Or I've seen some people who, like maybe started a new brand and then they applied and they got accepted. Is that the kind of the norm or is that just kind of like? They got kind of passed through and they got lucky.   Michael: No, so they're starting to accept like newer, smaller sellers. It depends a lot on the products you sell and you know it goes there. It goes under different teams based on the main category that you're under. So you know there's definitely there is there. There changes a little bit but for the most part we started seeing new small applications get approved.   Carrie Miller: So it is dependent on the category. So that's a good thing to note. Okay, next one from Lynn how to manage Amazon PPC. Okay, so we're not doing Amazon. See, for example, how to add negative keywords in Walmart. So okay, so I'm going to try to sit rephrase this, maybe in Walmart terms, because this we're not talking about Amazon in this one, but how to manage Amazon or Walmart PPC. The platform is different from Amazon. For example, how to add negative keyword in Walmart Seller Center.   Michael: Yeah, so Walmart Seller Center doesn't have negative targeting yet they're adding it so that they're adding that there's new things that came like conquesting ads and stuff like that, so there is newer things for targeting. But, yeah, negative is gonna come soon.   Carrie Miller: Yeah they said it was on the road map. So yeah. Alright. Next lady in a storm asks how long do you have to ship your items?   Michael: So it depends on how you fill out your shipping template. So you just have to whatever you fill out in your shipping templates, like that's what you have to when you have to meet. So if you fill out two days, you're gonna have to make sure it's two days. It's a fill out one day. So it depends how you manage your shipping templates. I think there's a minimum. There's like a maximum, though I'm not exactly sure what that is.   Carrie Miller: But I think it's seven days. This is the max. Can you analyze wholesale for sales data in competition with helium 10? You can with x-ray. So you can, you know, find the products that you want to sell and you can actually Utilize x-ray to look at sales. So that's a great way to do it, mostly. And then also, you know, you can also look at the sales rank as well in the back end of seller center. You can utilize that information and then any information that you get, like if you have Pacvue or using kind of a software To help you to run your ads. You can see some more data in there that way, but I would say mostly x-ray for helium 10, go ahead and go to the, the main page for the price that you're selling, and then pull, pull our Chrome extension and it'll show you the sales data there. Um, okay, is tied? Janak Ranchod said is title density as relevant to Walmart listings compared to Amazon listings?   Michael: Yeah, so I'm not sure exactly what it's meant by that, but Title Density on Helium 10 is basically Keyword phrases on Amazon.   Carrie Miller: So if you, for example, green bookshelf and you wanted to target green bookshelf but if, like 50 competitors on page one have green bookshelf in their title, it's gonna be really competitive. However, if that phrase you see that maybe only one or two have just that same exact phrase, then you can actually rank for it a lot easier on Amazon. So it's basically like the exact phrase form and how many competitors have that exact phrase in their title.   Michael: Yeah. So I have a different approach when it comes to ranking on Walmart and you know everybody's got their own opinions. But my approach for ranking on Walmart is more about you have to find the keywords that have the most volume and then, based on the most volume, you have to then analyze who's taking the conversion share of those keywords and then understand their product, their price points and, if you're on the features around their product, if your product Matches up well enough to their product, meaning you're just as you have just as much features, your item is just as good, if not better, and your price points competitive enough. That's what you want to target because you know if you get there you'll convert and you're gonna have to check their PDP and make sure like your PDP is better and all that kind of stuff. But the problem is, if you're focusing on, if you do all that research, but you're focusing on key on items, on keywords, that the items that converting in the shelf, you're not gonna, you're not gonna match on, you're not gonna match one next to it, doesn't matter if you rank, you're just gonna start de-ranking because Walmart's so heavily based on conversion rates. So I that's kind of our approach to it, and also because the Significant keywords are the only ones that drive legitimate volume, like there is some volume done from other keywords but it's usually not significant enough loose is asking Do you recommend to start Walmart even when just started on Amazon? I would say it depends on their products, your storemen and a little bit of more about your company. But as a whole, usually not usually, I would say like build your brand, build a little bit of your capabilities off of Amazon. It's gonna be hard to tackle both at the same time and then start with that.   Carrie Miller: So you think starting on Amazon first is a good idea, and then yeah. Okay, the next one. Jenak asked. I hope I'm saying your name right, Jenak. Jenak, can you simply copy your Amazon listings to create your Walmart listings?   Michael: You shouldn't. That's a big no-no. You should Rewrite your listings like you can use the same core of information. You should rewrite your titles, descriptions, key features, to be optimized based on Walmart style guide. So number one, the keywords that you care about, are going to be different. Walmart wants shorter titles, they want different style, descriptions, key features. So for the most part, all that's different. So you really that's kind of the biggest Task is to just make sure you're optimized specifically for Walmart.   Carrie Miller: Yeah, I think it actually kind of hinders you on your listing quality score when you do that. So yeah, Lynn asks are you going to host a Walmart PPC management session? We really need it. I think we can arrange that in the in the near future. So we'll definitely work on that and if you haven't joined our one winning with Walmart group, that's probably where we'll do it. So make sure you're in our helium 10 winning with Walmart group if you want to do that. Alright, it looks like we've come to an end of the questions. I think that we had a lot of great information. Oh, we got another question. I will put this one up here. Let's see here. Mr. Kamal says how much revenue Should you have on Amazon to consider yourself to move to Walmart?   Michael: So I mean, the revenue number is a hard thing because it depends on your Category and the type of items you sell and how competitive is on Walmart versus how well you're doing on Amazon. A lot of times, if you really started tapping on your Amazon and then definitely make sense to spend one by once, you already have some traction and you have a good hold. You have good products, like you know, I would I mean, we're a big fan of Walmart's a lot of times will tell people to start pretty early on. So it's just, I think, less about revenue numbers because it's so dependable based on different brands. I think what what's important to understand is like do you have good enough products that are? You know? You feel like you know you could move properly on Walmart. Is enough volume for them on Walmart? And what is that? What is what type of a volume are you looking for it to be worthwhile for you to kind of take on the endeavor? And then you know, yeah, and, and based on that you could really analyze, okay, are you ready to move, and what that would look like and just expand not move, but expand.   Carrie Miller: All right, it looks like we've come to an end of the questions. Thank you everyone for joining and for just, you know, interacting and asking all these great questions throughout. And thanks again, Michael, for joining us. I know it's been a while since you've been on and I'm really happy that you were able to answer a lot of these questions for us. So thanks again and we will see you all again next month. We'll have another guest for Winning with Walmart Wednesday, and we'll see you then. Bye, everyone.

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