 
                At the start of Q4, OMG Commerce founder Brett Curry hosts a special Last-Minute Levers masterclass to help brands maximize performance during the busiest shopping season of the year. Joined by Amazon strategist Luba Ilyasova, ad expert Jonathan Steffens, and Connor Crook, CEO of Diamondback Tools, the session dives into what’s changed on Amazon in 2025, how to build a profitable holiday strategy, and which final levers to pull before Black Friday / Cyber Monday hits.
From international expansion and tariff navigation to using Amazon’s newest ad analytics, profit margin tracking, and creative promotion tactics, this masterclass offers a playbook for protecting margins, scaling smartly, and avoiding common Q4 pitfalls. Whether you’re planning coupons, bundles, or last-minute campaigns, these insights will help make this your strongest and most profitable holiday yet.
—
Sponsored by OMG Commerce - go to (https://www.omgcommerce.com/contact) and request your FREE strategy session today!
—
Chapters:
(00:00) Intro
(04:32) Diamondback Tools & Amazon’s Role in Brand Growth
(06:43) Strategic Fit – How Amazon Complements DTC and Wholesale
(11:54) Key Shifts in 2025 – Tariffs, International Expansion & SKU Updates
(16:07) Major Amazon Changes – Matching Product to Customer Intent
(21:04) Sponsor Acknowledgements & Tool Shoutouts
(22:14) Ad Trends and Competitive Landscape in 2025
(25:26) Making Data Actionable – Customer Journey Analytics & Search Query Insights
(32:40) Last-Minute Levers for Q4 Success
(34:15) Testing New Main Images & Launching Video Ads
(35:51) Building Gift Guides & Creative Holiday Angles
(37:18) Integrating Email and SMS With Amazon Promotions
(39:26) Diamondback’s Promotional Strategy for the Holidays
(45:21) Virtual Bundles – Opportunities and Pitfalls
(50:27) Balancing Aggression and Profitability in Holiday Ads
(52:33) Post-Event Remarketing & Retention Tactics
(56:35) Final Thoughts – Promotions That Actually Work
(58:37) Closing Remarks – Building Profitable Brands This Holiday Season
—
Connect With Brett:
Relevant Links:
Past guests on eCommerce Evolution include Ezra Firestone, Steve Chou, Drew Sanocki, Jacques Spitzer, Jeremy Horowitz, Ryan Moran, Sean Frank, Andrew Youderian, Ryan McKenzie, Joseph Wilkins, Cody Wittick, Miki Agrawal, Justin Brooke, Nish Samantray, Kurt Elster, John Parkes, Chris Mercer, Rabah Rahil, Bear Handlon, JC Hite, Frederick Vallaeys, Preston Rutherford, Anthony Mink, Bill D’Allessandro, Stephane Colleu, Jeff Oxford, Bryan Porter and more
Well, welcome to last minute Levers,
Speaker:your final prep before we enter
into what is arguably the most
Speaker:wonderful time of the year
for sellers and merchants and
Speaker:brand owners. We got
q4, we got peak holiday,
Speaker:we got BFCM coming up right around the
Speaker:corner.
Speaker:And so we wanted to take this time to
do something kind of unique and this is
Speaker:going to be a bit of a unique event.
Speaker:I'll kind of lay the
stage here momentarily,
Speaker:but we want to get you ready and give
you some final strategies, tactics,
Speaker:levers to pull so that you
can make this a smashing
Speaker:success. And so this is not
going to be your typical webinar.
Speaker:I love learning. I love
attending webinars.
Speaker:Sometimes they're kind of like
death by PowerPoint or Google
Speaker:Slides or Gamma or whatever
the latest flavor is.
Speaker:We'll certainly have some visuals, we'll
have some presentations to show you,
Speaker:but I wanted this to be
more of a conversation with
Speaker:experts so that you can
get some raw feedback and
Speaker:ideas and I think this will be
fun and I think the pace will be
Speaker:enjoyable.
And so I'm really just your host today.
Speaker:I'm just the guy behind the
microphone keeping everything moving,
Speaker:making sure we're on track and really
pulling out some great insights
Speaker:from our guests.
Speaker:And so I do want to introduce
our guests because do we have a
Speaker:lineup for you? So first
off, we've got Luba.
Speaker:She's part of team OMG.
Speaker:She's our senior A BM or
Amazon brand management
Speaker:strategist.
Speaker:And Luba is one of those people that
I don't know anybody that knows the
Speaker:insides of baseball for Amazon, like Luba.
Speaker:She comes from running a hardware
store just long as the other day,
Speaker:running a hardware store on the upper
west side of Manhattan to becoming
Speaker:an Amazon pro.
Speaker:And she actually ran Amazon for a client
of ours years ago and then someone that
Speaker:I became a real friend with,
Speaker:the owner and Luba and
her team grew that brand,
Speaker:a pretty big brand from 3 million a
year on Amazon. Nothing to seize that,
Speaker:to just shy of 17
million a year on Amazon.
Speaker:She's grown other brands. She's
a trusted coach and advisor.
Speaker:She's kind of running our team here
at OMG and so can't wait for you to
Speaker:hear from Luba. She's
fiery, she's got insights.
Speaker:You're going to love her as
soon as you hear from her.
Speaker:So we'll hear from Luba momentarily.
Speaker:But welcome to the program
Luba and scale of one to 10,
Speaker:how excited are you to be
presenting on the webinar?
Speaker:I actually love being on a webinar,
so I would even say it's 11.
Speaker:Oh,
Speaker:we're dialing this one up to 11 for
all you Spinal Tap fans out there.
Speaker:Next up we got Jonathan Finka.
I had to look this up. Jonathan,
Speaker:you've been with OMG for seven years,
man, that is in internet years.
Speaker:That is a long, long time.
Speaker:So super glad that
you're part of the team.
Speaker:Jonathan is an ad pro.
Speaker:The dude remembers numbers like
nobody's business. He is very strategic,
Speaker:he's logical.
Speaker:He understands how brand building
works and how Amazon advertising works.
Speaker:And so Jonathan, with that
man, welcome to the webinar.
Speaker:Welcome to the show, so to
speak. Thanks for coming on.
Speaker:And same question for you. Scale
of one to 10, how excited are you?
Speaker:More of a realist. So I'm going to
give it a seven, a strong seven.
Speaker:I actually, I had those
hedging bets in my mind, right?
Speaker:Placing bets and I knew you were going
to come in under, so I love that.
Speaker:I think that's a good ad strategist
who's really watching the numbers and
Speaker:bidding and looking at
probabilistic outcomes.
Speaker:Got to take the realistic approach,
right? It's a seven. Yeah,
Speaker:and I think that's spot on. So love that.
Speaker:Love having both you on the program.
Speaker:So you're going to hear a ton from
Jonathan and Lu as we go here,
Speaker:but the real star of the show,
Speaker:the real guest of the show
here is our friend and
Speaker:client, Connor Crook
from Diamondback Tools.
Speaker:What's up Connor? How's it going today?
Speaker:Things are good. Things are good.
Speaker:I've been down in the warehouse
sewing stuff all morning.
Speaker:You've been making tool
belts today, not tool belts.
Speaker:We're looking at some brand expansion
and I'm just sitting down at the
Speaker:machine playing around with some concepts
and seeing what might come out in the
Speaker:future.
Speaker:You're playing your best
Christmas elf here. Like, hey,
Speaker:let's not just talk about products,
let's not talk about growth.
Speaker:Let's go make some stuff. You're
going to get to hear from Connor,
Speaker:one of the longtime OMG clients, a friend.
Speaker:We're really seeing tremendous growth,
amazing product time and back tools.
Speaker:And so we'll get to see
how Amazon fits into their
Speaker:overall growth strategy,
Speaker:what their promotional strategy
is going to be like for q4,
Speaker:and then some challenges and
some wins from this year.
Speaker:And really that's going to
be the flow of this webinar.
Speaker:I think it's important to
take just a couple of minutes.
Speaker:We won't spend long here,
Speaker:but let's talk strategically how should
Amazon fit into your overall brand
Speaker:growth before we get into a season like
this and start discounting and start
Speaker:going nuts, trying to
close sales and whatnot.
Speaker:I think it's important to back up and say,
Speaker:why are we doing what we're doing? How
is Amazon fit into the grander scheme of
Speaker:things?
Speaker:Because ultimately I should be trying to
build a business and trying to build a
Speaker:brand, not just trying to sell stuff
on Amazon. So we're going to back up.
Speaker:I really love Connor's perspective here.
Speaker:So we'll do that very briefly and then
we're going to get into some challenges
Speaker:and some wins from this year,
Speaker:what has changed and what's different
and so how that's going to shape our
Speaker:Q4 plan. And then we'll get the last
minute levers, promotional strategy,
Speaker:lots of good stuff for you to take away
and make this one of the best holidays
Speaker:yet. So let's start with
strategy. So Connor,
Speaker:I want to hear from you,
Speaker:how does Amazon fit into your overall
Speaker:brand strategy and how has that
Speaker:evolved over recent years? Because again,
Speaker:as we get into this situation where we
may be tempted to slash our profits to
Speaker:close more deals in q4, we step back
and think about the overall strategy.
Speaker:So how has that evolved
for Diamondback Tools?
Speaker:Yeah, Brett, thanks.
Speaker:So I bought Diamondback back in
: Speaker:got going next year and our strategy
was all about our website tool
Speaker:wells.com. We eventually
added some dealers.
Speaker:We weren't really able to get into the
dealers in the US but we had some success
Speaker:internationally and I was
really hesitant about Amazon,
Speaker:just horror stories that I've heard
about them copying your product,
Speaker:knocking off your product, you lose
control of it. And after a few years,
Speaker:I think it was 21 or so,
Speaker:we had an employee at the
time sales lead who said, Hey,
Speaker:I've got some experience with Amazon,
I can set it up. We'll see how it goes.
Speaker:Well you know how to do it. Let's do it.
Speaker:It was also a good timing because that
was post COVID when the DTC market was
Speaker:slowing down and it was a good time to
really branch out into some different
Speaker:channels. So once we got in there,
Speaker:what we found is Amazon provides a couple
of different really key features for
Speaker:us. One, it's a different sales
stream, it's a different customer.
Speaker:I think Luba has some information she'll
share about globally the overlap or
Speaker:lack of overlap with Amazon,
Speaker:but we've definitely seen from
what information we can get from
Speaker:Amazon that it's a different customer.
Speaker:We have some really interesting anecdotes
about how you can get a customer on
Speaker:Diamond Bag that becomes your
online customer and vice versa.
Speaker:Some of the different
just shopping habits.
Speaker:Another great thing that it's done
for us is help smooth cashflow issues.
Speaker:Amazon DTC wholesale,
Speaker:they all have different ebbs and flows.
Speaker:Obviously right now stores or wholesalers
are stocking up for the holidays,
Speaker:but customers are cooling it down.
They know Black Friday's coming,
Speaker:so we know that we're going to
have a spike in both Shopify and
Speaker:Amazon as you go into the holiday,
Speaker:but then even there they kind of ebb
and flow a little bit differently.
Speaker:So just understanding
how Amazon can smooth
Speaker:cashflow, how it can bring
in new customers, and
Speaker:it's just an expansion
to have one more stream.
Speaker:And I was talking about costs
and stuff. I look at it this way.
Speaker:Amazon wholesale and DTC,
Speaker:they're all going to cost you
30 to 40 points. It's such.
Speaker:A good point. It's such a good
point. You really can't avoid.
Speaker:It. Yeah, you're going to
pay margin to a dealer, okay,
Speaker:dealers doing certain things for
you, they're selling for you. Amazon,
Speaker:that's a place where you can market.
Speaker:It's a place where they're
going to sell for you.
Speaker:They're going to do part
of your warehousing for you
and they're going to open
Speaker:you up to new eyes so
you can pay for that.
Speaker:DTC has been a tremendous amount,
Speaker:much of it with OMG on
advertising, on Facebook,
Speaker:on Meta and Google. So either
way you're paying. Yeah.
Speaker:Yeah, man, it's such a good point. Yeah,
you're going to lose 30 or 40 points.
Speaker:It's going to vary a little
bit by your category,
Speaker:but you're going to be giving up that
margin and just where it's going does vary
Speaker:a little bit from channel to channel.
Speaker:And I love this chance to step back
and just look at this holistically.
Speaker:I'll use a couple of examples here.
Boom. Originally boom by Cindy Joseph.
Speaker:Now boom, beauty longtime client of OMG.
Speaker:We worked with them for years and
years on the Google and YouTube side,
Speaker:and then we helped them launch on
Amazon and they went from zero to
Speaker:$6 million the first year and very
little cannibalization of their core
Speaker:business. And it's because there
was a lot of pent up demand.
Speaker:There was a lot of people that have been
seeing the boom, my Cindy Joseph ads,
Speaker:and they love the message
and they love the angle,
Speaker:but they just weren't buying because
Boom wasn't on Amazon. They launched on
Speaker:Amazon. Things take off.
Speaker:Obviously we do a lot of work on the ad
side and the organic optimization side
Speaker:and stuff like that. Then
you look at native deodorant.
Speaker:We were working with Moist,
Speaker:the founder from the early days and went
through the acquisition and grew them
Speaker:with p and g for years. I think they
did a billion dollars last year.
Speaker:Moist tweeted, but one of the things
he said about Amazon was like,
Speaker:I just wish I'd gotten there
sooner. That was the main thing.
Speaker:I wish I'd gotten there sooner.
Speaker:But I think what we're
potentially tempted to do,
Speaker:and I tease this a
little bit at the outset,
Speaker:is we're tempted to say
we're on Amazon, it's Q4,
Speaker:it's about to be cyber five or cyber 12
or cyber whatever it's going to be this
Speaker:year. Got to do well.
Speaker:So I'm just going to start giving away
all my margin and then end up making
Speaker:mistakes.
And so seeing how this fits,
Speaker:this is a great place
to close new business,
Speaker:a great way to attract new
customers. To your point, Connor,
Speaker:sometimes you meet people and you will
get customers you wouldn't have otherwise
Speaker:gotten. And so that's really
what this is all about.
Speaker:I want to talk briefly about, anyway,
Speaker:actually we can dig in as much
as we see fit here as we go here,
Speaker:but what are some of the
things that have shifted?
Speaker:So I'll start with you Connor,
Speaker:and then I want to go deep with Luba
and Jonathan. What's shifted this year?
Speaker:What's changed on Amazon because there's
been a lot and then how that's going to
Speaker:influence us in q4.
Speaker:So what are some of the changes you've
kind of endured here in 25 so far,
Speaker:Connor?
Speaker:Well,
Speaker:the big story in e-commerce and commerce
in general this year is obviously the
Speaker:tariffs.
Speaker:The tariff situation has been really huge
here at Diamondback and interesting on
Speaker:a lot of different levels because we
were a made in USA product for the first
Speaker:five, six years I ran in business.
Speaker:That just became untenable and for a lot
of reasons and we moved our production
Speaker:to Vietnam. That was a
huge move that we did.
Speaker:And as about the time we got all
of our product moved to Vietnam,
Speaker:we had the announcement of liberation
day and we were being liberated from,
Speaker:I don't know what liberated
from your profits. Exactly.
Speaker:So it quickly became our strategy around
Speaker:liberation day and the tariffs was, hey,
Speaker:we are selling a lot of our
product internationally.
Speaker:We need to lean into that and we need to
figure out a way to get our product to
Speaker:various places around the world
without coming to Charlottesville,
Speaker:Virginia along the way.
And so we were
Speaker:working with that a lot with wholesale,
Speaker:but it's also a part
of our Amazon strategy.
Speaker:We had always fulfilled
orders into Canada from here,
Speaker:FBM from here in Charlottesville or
FBA through American warehousing.
Speaker:So we are moving a lot of our Amazon
Speaker:strategy around Australia and Canada.
We're leaning in heavier there.
Speaker:We're starting to put in
advertising in Canada.
Speaker:We haven't started
advertising in Australia yet,
Speaker:but we're seeing solid
organic growth there.
Speaker:And so it's all about moving the product
and getting it to those locations
Speaker:without coming here to avoid the tariffs.
Speaker:So international expansion
has been really big for us.
Speaker:Another thing that came with the shift
in manufacturing was skew changes
Speaker:internally. We made the decision that
Speaker:this product is a DB 500 or whatever
it is when it's made in Asia,
Speaker:it becomes a DB 500,
Speaker:a phrase. Well then you lose
a lot of traction with the
Speaker:algorithm.
Speaker:So working on strategies to avoid losing
the traction that we've grown around
Speaker:certain products has been a big
part of our growth this year.
Speaker:We also, because when we moved to Asia,
Speaker:we divided between our best
product and our old product,
Speaker:which is now on sort of our
better level best product.
Speaker:And so there's been a lot of discussion
around channel strategy as to what goes
Speaker:on Amazon, what goes on tool belts.com,
Speaker:what goes to dealers and how do
we emphasize different products.
Speaker:And the biggest part of our Amazon
strategy this year is just really been the
Speaker:growth DTC wise.
Speaker:September was pretty far off of
the pace of where we hoped to be,
Speaker:but we made up for it on Amazon.
Speaker:And the interesting thing is it's not
cannibalization because we're seeing
Speaker:most of the growth, Amazon or a lot
of it is in Australia and Canada.
Speaker:As we've moved more there, put more
of our product available on Amazon.
Speaker:So our Amazon strategy has
been avoiding tariffs and
Speaker:leaning into international,
Speaker:dealing with updated skews and
trying not to lose traction and then
Speaker:trying to figure out how to make
Amazon really a thoughtful part of our
Speaker:omnichannel approach so
that it's growing without
Speaker:cannibalizing the other channels.
Speaker:Man, such good insights there a
lot we can unpack. I love that.
Speaker:Thinking about which products
are going to be on Amazon,
Speaker:which are going to be strictly
DTC or other channels and yeah,
Speaker:tariff mitigation and
international expansion,
Speaker:all of those are opportunities
that Amazon unlocks for us.
Speaker:We'll get back to some of
that more as we go here.
Speaker:I'm going to kick things over to you Luba
right now and I want to hear from you
Speaker:what are some of the things that
have really shifted this year
Speaker:and what's changed that has
materially changed the game on Amazon?
Speaker:You've been doing this for 11 years,
Speaker:you've seen everything under the
sun as it pertains to Amazon,
Speaker:so fire away and feel free to share your
screen too if you want to share that
Speaker:presentation if that's useful.
Speaker:So first of all, Connor,
Speaker:great success on Amazon and most
importantly I think you have the
Speaker:winning perspective on how
Amazon feeds into your ecosystem
Speaker:because too many people
are afraid of Amazon.
Speaker:And I've always said that if you
are not in control of your products
Speaker:distribution on Amazon,
somebody else's will.
Speaker:We see it all the time where a
brand's products end up on Amazon
Speaker:sold by third party resellers and
you have no control over content,
Speaker:over pricing, over quality.
Speaker:And we always advise brands who
may not even be interested in it,
Speaker:at least take control of your own
product that is being distributed there.
Speaker:There's always going to be the case.
Speaker:And just to elaborate on the
whole cannibalization thing,
Speaker:we've actually,
Speaker:in a good old days when you could
match Amazon scrambled email to the
Speaker:actual customer information,
Speaker:you can't do that
anymore, not at the scale,
Speaker:but we ran with one of
the brands I worked with,
Speaker:we ran their Amazon customers versus
their direct to consumer customers.
Speaker:There was about 10 15% overlap.
Speaker:That's crazy.
Speaker:You would think it
would be so much bigger,
Speaker:but in reality people shop
where people want to shop.
Speaker:I can see 20 Facebook
ads for a beauty product.
Speaker:I will not buy it through
Facebook, I will not.
Speaker:I go and I will look on
Amazon, is it available there?
Speaker:That will be my first resource.
Speaker:But what dramatically changed
on Amazon this year is
Speaker:matching product to customer intent.
Speaker:That is the biggest
change that took place.
Speaker:You can't any longer
spend your way into sale
Speaker:because if your product is not optimized
to the point where it's matching the
Speaker:consumer purchasing content, your
ads are simply not going to show.
Speaker:So you have to be very
thoughtful about who
Speaker:your customer is,
Speaker:what your brand is and what
is your value proposition.
Speaker:So we're going to be giving away some
of templates and I know everybody uses
Speaker:tools, we all have tools, sometimes
we have way too many tools,
Speaker:but these are quick templates
that you can use and I'll
Speaker:just walk over them and then
we'll email the links to anybody
Speaker:who is interested. So template.
Speaker:We'll make sure everybody gets it,
we'll email it out to the whole list.
Speaker:So the first template that I put
together that I like to use is sort of
Speaker:estimating if you should
even be running the deal.
Speaker:So you just plug in with the
referral fee. That's standard 15%.
Speaker:So let's say on average you
pay $5 in fulfillment fees,
Speaker:that's your 20% is your gold taxers and
Speaker:let's say you're going to run a best deal.
Speaker:Best deal for either be next week
Speaker:or for Black Friday, Monday is going to
cost you a thousand dollars per deal.
Speaker:Now this calculator helps you
calculate if your regular price is
Speaker:$15 and you're giving 10% discount
Speaker:and you sell 6,000 units with
Speaker:20% advertising cost,
Speaker:will you make money in the end or not?
Speaker:And you just plug in numbers and
see where you want to be in terms of
Speaker:advertising, how many
units you need to sell,
Speaker:how much margin you can give away to
come out where you want to come out
Speaker:financially. That's a
useful little template.
Speaker:Peak event budget, pacing
what you plan to spend,
Speaker:what you actually spend
paid revenue, total revenue,
Speaker:are you where you want
to be in Taos? If not,
Speaker:then you may need to dial
down your advertising expense.
Speaker:You may want to look
into why you pay so hot.
Speaker:And finally inventory,
Speaker:do you have enough on hand
inbound to FBA at a WD,
Speaker:how are you selling through?
Speaker:Should you pull back your ads
or maybe pause the promotions?
Speaker:This is something that I usually
recommend running during the
Speaker:large high velocity events,
Speaker:literally to have 15 minute touch bases
Speaker:and during the event just to see where
you are because things can get out of
Speaker:hand.
Speaker:Love it. Those resources are amazing Luba,
so we'll email that out to everybody.
Speaker:Feel free to use those, share those.
Speaker:I think now is a good time actually to
mention our sponsors and you alluded to
Speaker:this Luba,
Speaker:that everybody is using tools and
I think the most sophisticated,
Speaker:the fastest growing brands are using
tools makes life easier and better.
Speaker:But sometimes you just need to get down
and dirty with a spreadsheet and I do
Speaker:that all the time. We use HubSpot and
other tools for sales, I love them,
Speaker:but sometimes I just want to put stuff
in a spreadsheet because I want to
Speaker:manipulate and play around
with it and think big picture.
Speaker:And so I do want to highlight our
sponsors before we hear from Jonathan on
Speaker:what's changed, some wins
and challenges from: Speaker:but Amazon Prep, a MD prep, kpac,
Speaker:hello tax seller, candy LTA three Colts,
Speaker:check them all out,
they've got special offers,
Speaker:they're all valuable in their own
and so check out our sponsors.
Speaker:Jonathan, from your perspective,
Speaker:challenges wins and what's
shifted in: Speaker:ads side of things.
Speaker:So I think everybody knows that
the landscape in Amazon is always
Speaker:getting more competitive and
obviously: Speaker:the past couple of years in that sense,
Speaker:but it is different in the way
that it's getting more competitive.
Speaker:Obviously we've been seeing a lot more,
at least the bucket of brands on Amazon.
Speaker:I think we OMG work with
about 30 ish brands on Amazon,
Speaker:but we've all pretty much across the
board been seeing more and more intensity
Speaker:from either copycat
sellers or knockoffs or
Speaker:even more that are more sellers
popping up that are trying to
Speaker:say that they're your product or
making swiping your images and
Speaker:whatnot. But that's sort
of always been around,
Speaker:it's been a lot hot more intense
over the last couple of years.
Speaker:But of course the tariff play and just
kind of piggybacking off of what Lulu was
Speaker:saying about using really scrutinizing,
Speaker:will this promo actually be
profitable at the end of the day
Speaker:to tie into that is really brands have
had to really hone in on what are your
Speaker:numbers. We've worked with many brands
that were just on Amazon and they
Speaker:had their product that they were slinging
on Amazon for the last few years and
Speaker:they never really like, Hey,
what's margins? What's your goal?
Speaker:And they would come to us and
they'd say, what should our ACOs be?
Speaker:What is tacos?
Speaker:I've never heard of that
and not a business owner
Speaker:myself, but I like to think that if
I, I would have that nailed down,
Speaker:but just as it's getting more and more
competitive, we're seeing higher CPCs,
Speaker:the tariffs are obviously
eating the margins,
Speaker:that number is really important and that's
also really important for the ad side
Speaker:of things to know that
Speaker:if that number is being determined by
your agency or you're trying to figure out
Speaker:what is that performance
target we need to be hitting,
Speaker:it's really critical to have
everything else in a row so that
Speaker:yeah, we can be at that
15% or 20% or 30% ACOs
Speaker:or whatever that taco number is.
Just making sure that you are being
Speaker:obviously profitable
at the end of the day,
Speaker:but then as aggressive as you can be.
Speaker:Another big shift in the Amazon ecosphere,
Speaker:which also is if you're going to events
or whatever and hearing from promotions
Speaker:from Amazon,
Speaker:they're always talking about their new
features that they're rolling out and
Speaker:it's sort of been a data overload and
it's really been rolling out for the last
Speaker:two years,
Speaker:but with all the brand analytics and
the customer journey analytics and the
Speaker:search query analytics and then the Amazon
marketing cloud and all the insights
Speaker:you can get from that,
Speaker:there's just so much that you
could really dive into it.
Speaker:Especially like the Amazon marketing
Cloud and all the different audience
Speaker:segmentation that you can go into there.
Speaker:You could go in there and be absorbing
so much data for you could probably
Speaker:absorb that data for two months and
not really come out of it with an
Speaker:actionable like, Hey,
Speaker:I'm making more success over here because
there's just so much data and so much
Speaker:to look at. There are some really good
nuggets and I think that the customer
Speaker:journey analytics is a great insight so
you can dig into your audience trends
Speaker:and then Amazon's also
giving you like, hey,
Speaker:your awareness is decreasing month on
month and here's some tips for growing
Speaker:your awareness, whether that's
expanding sponsor brand ads,
Speaker:sponsor display or running promos to
certain subsets of your audience groups.
Speaker:And we do use that very frequently,
Speaker:but then the software
providers that we use,
Speaker:KPO one that we use a
lot for just really great
Speaker:reporting and they can pull all
of that kind of together and
Speaker:then we can have more cohesive narratives.
Speaker:So the software is doing the work of
analyzing all this data into group sets
Speaker:that we want to be looking at to
then optimize our PPC around that,
Speaker:the Amazon marketing.
Speaker:One thing I want to do, sorry,
Speaker:let's just key on something really
quickly Jonathan. So with the,
Speaker:we've realized that our problem
was never necessarily more data.
Speaker:Now we have lots and lots of data.
Speaker:We're swimming in the data
and if you're not careful,
Speaker:you just at the end of the day
you end up and you're like, well,
Speaker:I looked at a lot of numbers today,
like an unbelievable amount of numbers,
Speaker:I don't know what to do. So the only
way this is beneficial if we say,
Speaker:okay is what this means and
this is what I'm going to do
Speaker:next, and so you just talked
about something interesting
where if awareness or
Speaker:impressions are going down on a specific
item, you're maybe looking at, okay,
Speaker:how do I reverse that trend?
Speaker:And so can we unpack a few of those
or just the highlight if I kind of
Speaker:cut you off midstream, but
what are a few of those? Okay,
Speaker:these are the important data points that
you could be finding and then what do
Speaker:we do with those?
Speaker:Yeah, so especially on the topic
of as we're getting into q4,
Speaker:we've always got the promos,
Speaker:the big deal event next week and then
of course Black Friday, cyber Monday,
Speaker:so the customer journey
analytics as I touched on,
Speaker:you can look into that and see your
different audience pools of shoppers that
Speaker:are in awareness, shoppers in
consideration, intent purchase,
Speaker:and so sponsored brand ads sponsored
display are the ones that ad
Speaker:types that we can use to really grow
the awareness and considerations.
Speaker:So shoppers who are seeing the
brand, becoming aware of the brand,
Speaker:maybe even engaging,
Speaker:coming to the listing page and
those are critical initiatives
Speaker:in the lead up to a promotional
event is just getting awareness out
Speaker:there.
Speaker:People don't know your brand and of course
they're not going to be searching for
Speaker:your brand, at least not as often.
Speaker:And so then just building that awareness
pool is hypercritical and then you can
Speaker:also use those pools to then
retarget both during the
Speaker:event to say, Hey, you
looked at my product,
Speaker:so I'm using a display A to
retarget people who looked
at my product in the last
Speaker:seven days because I know you've been
kind of window shopping in the lead up to
Speaker:this event and now I'm remarketing my
product to you while the promo's running
Speaker:and then also post an event and you can
again remarket to those same cools if
Speaker:you have a consumable remarket to those
who purchased at the repurchase rate
Speaker:range.
And then also in the search query
Speaker:analytics.
Speaker:This is a very insightful data point
that's going to say for your whole
Speaker:subcategory, Amazon sees
we're selling tool belts.
Speaker:Amazon sees there's 5,000 purchases in
the last month for tool belts and your
Speaker:brand only got 1%. Okay,
Speaker:this is mission critical because
this is on the core of our.
Speaker:Product, a lot of upset, a lot
of room to grow and extend.
Speaker:Right?
Speaker:A lot of room to grow and then
obviously you can see the fruit of
Speaker:your effort and that we're working
on the SEO to make sure that we're
Speaker:organically ranking and indexing for tool
belts and that we're working on the ad
Speaker:side of things to make sure that we're
showing up for tool belts and then week
Speaker:over week, month over
month, we can see, okay,
Speaker:our share is increasing here
we are gaining this relevancy.
Speaker:And so yeah,
Speaker:just really knowing not all of this
data is going to be actionable,
Speaker:but using the data to
steer some of your actions
Speaker:and using it to assist you and
not getting too lost in the,
Speaker:because it can drive you
a little crazy. It's.
Speaker:Easy to do.
Speaker:One of the best analogies I ever heard
was that of a pilot and if you ever have
Speaker:looked in the cockpit when you're boarding
a plane or something, you're like,
Speaker:there's an unbelievable
amount of dials and
Speaker:displays and knobs and
buttons and stuff like that.
Speaker:Really pilots mostly use about six
of those to fly the plane, right?
Speaker:Everything else is just
if something goes wrong,
Speaker:they can diagnose and
fix things and whatnot.
Speaker:And so that's really the way you're going
to be too running your Amazon business
Speaker:or hiring an agency or an in-house team
is they're going to run the business
Speaker:based on five or six data points with,
Speaker:they'll have everything else to kind
of diagnose if something goes wrong.
Speaker:I love that the lead up,
the main event after math,
Speaker:Jonathan where the lead
up we're looking at, hey,
Speaker:how do we grow awareness and kind of
fill the funnel so that then during the
Speaker:main event we can close as many people
as possible and then afterwards,
Speaker:how do we remarket to people and close
those that maybe didn't close or close
Speaker:people that maybe got money over the
holidays but haven't bought anything and
Speaker:now they're going to buy from you.
And so lots of good stuff there. Lube,
Speaker:did you want to chime in on that?
Speaker:On a data, the number one data
point that I always look at,
Speaker:and I'm coming from a brand perspective,
Speaker:so number one data point that I've
always had to report on was profit margin
Speaker:in terms of dollar and percentage.
Speaker:So if the profit margin in terms of
dollar and percentage was at or above the
Speaker:level that I needed,
Speaker:that was literally the only data
point that I needed to look at.
Speaker:Now if the profit margin was
not where I want it to be,
Speaker:if it was below in terms
of dollars or percentage,
Speaker:then you start looking into
which of my products is not
Speaker:making me money?
Speaker:And then you start dialing in why
is that product is not making money?
Speaker:Very often you discover that the reason
is because it's sitting mostly unpaid
Speaker:traffic versus organic.
If that's the case,
Speaker:you dial back down and
you say, okay, great.
Speaker:Why is it unpaid traffic?
Speaker:Is it not getting click through rate
is the conversion rate is the number of
Speaker:session.
Speaker:So I always like to work back from
the profit margin looking to what's
Speaker:not working and answering
questions, what can I change,
Speaker:which lever can I pull to improve it?
Speaker:Love it, love it.
Speaker:Let's roll right into the
next topic with you Luba,
Speaker:and feel free to share some
of the visuals on this,
Speaker:but as we look at our last
minute levers for holiday
Speaker:2025, what are some of those?
Speaker:And so after you share,
Speaker:we're going to talk to Connor about his
promotional strategy and then we'll wrap
Speaker:up with Jonathan. Jonathan on the ad side.
Speaker:But I know part of this could
be we're looking at deals,
Speaker:we're not going to do deals
because we want to protect margin,
Speaker:but roll through some last
minute levers here for us, Luba.
Speaker:Absolutely. Well first of all,
before we get into levers,
Speaker:I just want to reinforce the ideas that
you cannot sell stuff that you don't
Speaker:have.
Speaker:And I've seen brands lose Q4 because they
Speaker:didn't ship stuff in time
Speaker:and always be proactively planning.
Speaker:And if you can, and I
think you're doing it,
Speaker:if you can have fulfilled
by merchant backup
Speaker:to your fulfilled by
Amazon, Talking about paths,
Speaker:deal track or no deal track,
I'm not going to lie naturally,
Speaker:it's much easier to have successful
Q4 if you plan on running deals,
Speaker:but even if you don't plan on running
deals, there is still a no deal track,
Speaker:which is where you focus on
video ads on optimization
Speaker:of your product detail page,
Speaker:setting up specific store
pages and retargeting.
Speaker:That's where your SAEO,
Speaker:which is genic search optimization,
Speaker:we all optimizing for AI these
days. And for Amazon agents,
Speaker:Chad g pt,
Speaker:you want AI agents to pick up your
product as the most relevant to
Speaker:consumer query. So leader
assets optimization,
Speaker:store curation and use of
advertising is going to help you if
Speaker:you are not going to
run deals. What are the
Speaker:last minute levers you can pull?
Speaker:And I'm just going to
scroll through some of this.
Speaker:What are the last minute levers you can
pull right now because we are really in
Speaker:the final stretch of getting
everything done and ready.
Speaker:The number one thing I
recommend test new main image,
Speaker:have several versions of a
main image, test it through.
Speaker:There are multiple services that
help you with that PFU product
Speaker:tinian,
Speaker:there may be more if you have
your own user group AB test on
Speaker:Amazon,
Speaker:test as many new images as you can
right now that may possibly dramatically
Speaker:improve your click through rate
regardless of you running deals or not
Speaker:set up sponsored brand video
campaigns. Believe it or not,
Speaker:if you don't have high
production assets for a video
Speaker:using Amazon Video Builder actually works.
Speaker:Those videos that you make
using Amazon templates,
Speaker:they perform rather well
Speaker:build an Amazon gift guide
page. Even if you're selling,
Speaker:you may think you're selling
the most UNG giftable products,
Speaker:but I worked with a Showerhead
brand which had a huge spike in q4.
Speaker:People were giving each other
showerheads for Christmas.
Speaker:You just never know what's helpful.
Speaker:Quick note on that, Luba,
we got a long time client,
Speaker:they sell mops and microfiber
products. Shout out Brett Haney,
Speaker:but a long time ago they ran an email
that was the worst Christmas gift ever and
Speaker:it was a mop and they're like,
Speaker:don't give her a mop or don't
give him a mop or whoever.
Speaker:And it actually ended up being
a tremendous seller for them.
Speaker:And so they're like, oh, sweet,
we'll just lean into this worst,
Speaker:worst gift ever. Here you go.
Speaker:It's like you could have a
holiday guide and even poke fun at
Speaker:your own product, but people are going
to buy, people are going to buy in q4.
Speaker:People are going to buy in q4,
build an Amazon give guide page,
Speaker:have a sponsored brand
ads targeting that page.
Speaker:Specifically
Speaker:Jonathan already mentioned retarget
with recent product visitors set
Speaker:FBM backup.
Speaker:You just don't know what's going to
happen with your inventory in q4.
Speaker:Always have a backup.
Speaker:It's not going to be as
effective as having FBE offer,
Speaker:but at least you're not going to go
completely dark depending on your
Speaker:business model. If you
have SMS and email list,
Speaker:this is what we found, and Brett,
Speaker:I think Nick actually has some
studies on this where the email
Speaker:includeDTCall to actions, one
by on website, one by an Amazon,
Speaker:and they've actually seen really
well response to buy on Amazon.
Speaker:Yep. It's a great strategy where if you've
got an email list, and I hope you do,
Speaker:especially if you're multichannel and
omnichannel test with some of those,
Speaker:including that buy on Amazon button,
Speaker:a lot of people would rather
do that anyway, so test it.
Speaker:Amazon has stats which say that Amazon
Speaker:buy with Prime button on your website
actually improves conversion by 25%.
Speaker:That could be very meaningful, 25%.
Speaker:So whether you are all about
aggressive deals or leaning more into
Speaker:optimization and PPC, what
I call the no deal track,
Speaker:all of these seven levers you can pull
right now and have meaningful impact
Speaker:on your Q4 sales. I do
have one disclaimer.
Speaker:Do not make any major changes
to your product detail.
Speaker:Page 72 hours prior to
high velocity event.
Speaker:And why is that? Luba 100% agree,
Speaker:but make it clear why you
don't want to do that.
Speaker:You're confusing the guts of Amazon.
Speaker:There is an algorithm you make
change to the bad end or to the
Speaker:copy and the algorithm now
needs time to figure out how
Speaker:you relevant to customer incourse.
Speaker:So if you're going to do major updates,
Speaker:either do them at least 72
hours prior to major event or
Speaker:wait till next week's,
Speaker:big prime deal days are going to be
over and then make all of your changes
Speaker:in time for the algorithm to index
them prior to Black Friday Cyber
Speaker:Monday.
Speaker:Totally makes sense. That makes sense.
Awesome. So let's do this, Connor,
Speaker:and I believe you're muted,
Speaker:but talk through your
promotional strategy for this
Speaker:year and how has your
promotional strategy changed
Speaker:over the years because it's
important to consider it.
Speaker:A lot of people expect discounts, and
so this is the time of year for deals.
Speaker:It's also a great way to give away
all your profits. And so yeah,
Speaker:how are you guys approaching this year?
Speaker:How has your promotional
strategy changed over the years?
Speaker:Well, my first comment,
now that I'm unmuted,
Speaker:I'm going to reiterate some of the
things that Lou has been talking about.
Speaker:Inventory? Yes.
Speaker:Yes, yes.
Speaker:Inventory, inventory,
Speaker:inventory because it makes a huge
difference to success on Amazon.
Speaker:One of the main things we have seen in
our success this year is maintaining
Speaker:steady inventory because whenever
you have stockouts on Amazon,
Speaker:you get dinged and you just
fall back down the algorithm to
Speaker:recover from.
Speaker:A big part of our growth and success
this year has been maintaining the
Speaker:inventory of all the products
that leads into what are our
Speaker:holiday plans. We don't really know yet.
Speaker:And the reason we don't really know yet
is because we're still a month out and
Speaker:we don't know exactly what
our inventory balance is.
Speaker:We know that we're going
to have coupons on Amazon,
Speaker:we're going to do
discounting on our website.
Speaker:We're going to try to make
them a different play so
that if you go to Amazon,
Speaker:you get this product at a good deal.
Whereas we've become very specific about
Speaker:categories of products on our website,
and then there's also product bundling,
Speaker:which we like to do on both of them.
Speaker:But the product bundling is one of those
things we really don't know until we
Speaker:get approach and we look
at our inventory because
Speaker:bundling is oftentimes, well, here's a
product that we think is really great,
Speaker:but we haven't been really
selling that much of it,
Speaker:so let's make it part of a bundle.
Speaker:Maybe that way we can promote
that product going forward.
Speaker:I believe that customers always
prefer a free gift than a discount.
Speaker:I also prefer to keep protect my margin
by giving away free gifts because
Speaker:we're a brand that we want people
to become immersed in. So the
Speaker:more Diamondback products I
can get into the customer,
Speaker:the more I know they're going
to buy down in the future. So.
Speaker:I love that. I want to key on
that just really quickly, Connor,
Speaker:I think it's a great point, and we have
several apparel brands that do this,
Speaker:especially early in holiday,
Speaker:and some of this is mostly all they
do for the holiday is free gifts with
Speaker:purchase and it fits because
we need stocking stuffers.
Speaker:We need a gift to give someone else. Maybe
I want to buy a tool belt for myself,
Speaker:but if I do this, I get a
free gift. Now I can be,
Speaker:I was really shopping for my son or
whatever because I'm going to give him the
Speaker:free gift. There's all kinds of ways to
kind of position that and angle that.
Speaker:I remember my buddy Peter that owns a
Groove Life's silicon wedding ring company
Speaker:for the longest time, and I think
they still do it. They mentioned, Hey,
Speaker:free gift with purchase, it's a
$19 value, a $30 value or whatever.
Speaker:And all that really means is you're going
to get a free ring in your size of a
Speaker:color or something that
couldn't sell, right?
Speaker:It's just like it's inventory
that's sitting there.
Speaker:Let's make this a high perceived value.
Speaker:Let's increase our conversion
rate for it for holiday. It's man,
Speaker:I'm making you feel an outsized benefit.
Speaker:It maybe even feels bigger than
a discount, but guess what?
Speaker:I'm not eroding my margin at
all. And so love that strategy.
Speaker:I think more brands need to use it.
Speaker:So we're going to be running
coupons on Amazon as we get closer
Speaker:into the season and
we'll have some bundles,
Speaker:but of course we won't really probably
start running some inventory reports over
Speaker:the next couple of weeks as we
see what's coming in inbound,
Speaker:what's been selling well,
Speaker:and then we'll make some decisions
about what exactly products we put into
Speaker:bundles, any particular discounts,
Speaker:because going back
inventory is so important,
Speaker:you never want to run
out of the inventory.
Speaker:So we try to run different promotions
between Amazon and our website
Speaker:just to kind of give different
customers a different opportunity.
Speaker:Connor,
Speaker:is that sort of based on the skews or
the products you see moving on those
Speaker:various channels or is it based on the
products that you have excess inventory
Speaker:on in those channels?
Speaker:Thinking about what products do
you discount or feature what you
Speaker:bundle, how do you look at that
differently on DTC versus Amazon?
Speaker:Well, let's just take a step back
and look at this strategy in general.
Speaker:You can use all the, we have a lot of
tools now. We've been talking about tools.
Speaker:You can use tools on your
website or on Amazon that say,
Speaker:I know that if a customer buys this pen,
Speaker:they're probably going to buy the top for
the pen and they might buy this bag to
Speaker:put it in. Great. I know that information.
Speaker:I can bundle those things together and
I know that customers are likely to buy
Speaker:all of those things. On the other hand,
I know that I got this pen, this top,
Speaker:but I got a lot of these
phones lying around,
Speaker:so I'm going to say on my
website or on my Amazon page,
Speaker:people who bought this also
bought this. No, they didn't.
Speaker:But if I convince you they
did, then maybe you will too.
Speaker:Maybe they didn't, but they should. And
so if I bundle it and now people will.
Speaker:So bundling to me is a way that
Speaker:you can help your customer by
helping them complete their bundle,
Speaker:but it's also a way that you help
yourself as the brand by slow inventory,
Speaker:promoting inventory that you do.
We've got this great product,
Speaker:but it's not getting in
the hands of the customer.
Speaker:So if we just get more of 'em out
there, it's not a bad product.
Speaker:We just hadn't found the right
target audience for it yet.
Speaker:So I don't think our mix there is
different on Amazon versus on our
Speaker:website.
Speaker:We do want to see what's selling
on that channel so that we're
Speaker:highlighting that product,
Speaker:but then what we put with it might be
based on some mix of those other factors.
Speaker:Totally makes sense.
Speaker:I want to pause for just a minute
and talk Luba and Jonathan.
Speaker:I know you guys were talking about
virtual bundles and some new opportunities
Speaker:there specifically that we can lean
into around the holidays related to ads.
Speaker:Any points on that? And whoever
wants to go first, go for it.
Speaker:I'll go first and I'll say that virtual
bundles has been probably one of the
Speaker:least. You utilized tools on Amazon,
Speaker:mainly because A,
Speaker:you're paying two or three
fulfillment fees for one order.
Speaker:So if you're doing commercial bundle
of product A, product B and product C,
Speaker:you're going to end up
paying three FBA fees
Speaker:at the lower price. Kana,
you did not know that.
Speaker:I didn't know that,
Speaker:but I hope that the person
who manages my Amazon channels
Speaker:here in my office and there and the
consultants that they use have that
Speaker:conversation regularly.
Speaker:I love that. I love subtle messages.
This is how you lead folks.
Speaker:This is how you become CEO, the subtle
messages. I love it, Connor. Yeah,
Speaker:with emails after pro.
Yeah, so that's good.
Speaker:You have to be careful about putting
those bundles together because you do pay
Speaker:more than one fulfillment fee. Also,
Speaker:it only shows up on one of the
product pages. So what you want to do,
Speaker:if you want to move that product that
you have laying around and doesn't sell,
Speaker:you want to put it on the most
traffic page that you have,
Speaker:even if it may not make sense from the
Speaker:product usage decision,
Speaker:but that's how you bring
visibility to your slow movers.
Speaker:That's how you create a virtual bundle.
Speaker:But the biggest drawback was virtual
bundles always was that they could not be
Speaker:advertised through sponsor it product ads.
Speaker:So you could create a ton of them and the
only way to advertise them was through
Speaker:setting up a pitch store saying bundles
and driving sponsored brand ads.
Speaker:So Jonathan, how excited are you about
sponsored product ads for bundles?
Speaker:We have seen some light
success out of virtual
Speaker:bundles, but with the addition of
putting them into sponsored product ads,
Speaker:we could see obviously a lot more
traffic going to them. As lube said,
Speaker:that historically hasn't really been a
way to push them too hard just kind of
Speaker:existing on the listing page.
Speaker:And it's just like another
variation of frequently bought with,
Speaker:it's not that right,
Speaker:but it is just as a shopper perceiving
it historically didn't really ever mean
Speaker:too much to them unless the
discount was pretty large.
Speaker:So did you want the less levers for PPC
Speaker:here now? Yes, please. Please.
Speaker:That. Back to Connor
in a second. Yeah, go.
Speaker:For it. Yeah, I'll be here
real quick. So in the lead up,
Speaker:obviously already we're almost
done, get the lead up to next week,
Speaker:but lead up to promos always being,
Speaker:considering the performance dip that
we usually see two to three days,
Speaker:sometimes a little bit longer in
the lead up to the day of the event.
Speaker:So you want to be just really
aware of that PPC performance,
Speaker:and so making adjustments to make
sure you're still hitting your targets
Speaker:sponsored brand. Jonathan, any insights.
Speaker:There?
Speaker:And this probably depends
on how aggressive or how
conservative our clients want
Speaker:to be, but do you ever advise, Hey,
Speaker:don't black too much in that lull
because our people that are looking,
Speaker:then they're looking in
the few days leading up to
Speaker:the fall prime day,
Speaker:which now just totally blank on what
it's called or the Turkey 12 or whatever.
Speaker:And so how much should they pull
back or should they pull back at all?
Speaker:Right. No, yeah, not
necessarily meaning pullback,
Speaker:and I don't think we touched on this yet,
Speaker:but obviously any promotional period,
Speaker:you really have to know what
you're trying to build on Amazon
Speaker:and where does your brand
fit into the Amazon system?
Speaker:With Diamondback tools,
Speaker:they have a very diversified product
portfolio and someone who's buying the
Speaker:belt is likely developing a belt system.
Speaker:And so there's many different pieces that
they're going to buy potentially over
Speaker:the lifetime, especially
if they love the brand,
Speaker:which most of our shoppers we
do see, they love the brand,
Speaker:they come back and they buy more, but
Speaker:it's not like a $20 supplement that
you're consuming every single month.
Speaker:And so the repurchase window is
very different and someone who
Speaker:buys a whole tool belt system
is not likely to buy that
Speaker:exact same system again, at least
not for, hopefully it lasts for five,
Speaker:10 years.
I don't know how long it typically lasts,
Speaker:but that's going to last a long time.
Speaker:So thinking about the event in that
sense that they're not diamond back is
Speaker:building subscribers.
Speaker:So we do want to be moderately
aggressive for the promotional
Speaker:periods with this kind of
brand building product line,
Speaker:but because we're not building
subscribers because we have a longer
Speaker:repurchase window, we're not
going to be hyper aggressive.
Speaker:If you're a consumable product and you
know that if somebody likes your product,
Speaker:they're going to be back in 30 days where
you're going to get a subscription out
Speaker:of it, you can afford to be
a lot more aggressive. So.
Speaker:Thinking maybe even go break even or
close to it in a situation like that where
Speaker:in other scenarios that would be silly.
Speaker:You're not making any money giving
it all to Bezos. Yeah, exactly.
Speaker:Right. So all that to say in the lead up,
Speaker:it's not necessarily
you need to pull back,
Speaker:it's just you need to be a bit
more hyper aware that you could see
Speaker:sharp fluctuations in those couple
of days in the lead up to the event.
Speaker:And then even days right
after the event where your
Speaker:usual parameters for bid adjustments
and if you have bid up and
Speaker:down or you have some kind of
software running your bids,
Speaker:just knowing that it can be a little
bit out there skelter in those couple of
Speaker:days.
Speaker:So you might shoot your tacos from a 5%
up to a 15% for those couple of days.
Speaker:So you want to go in
and make some changes.
Speaker:You don't want to blow up your efficiency
just for the sake of that additional
Speaker:awareness. A lot of window shopping
that's happening in those couple of days
Speaker:during the event,
Speaker:you still again kind of have to know
how aggressive you're trying to be.
Speaker:And so we check in at least
every hour from 9:00 AM
Speaker:eastern till about 8:00 PM
Eastern, which those are kind of,
Speaker:that's when it picks up and
that's when it falls off.
Speaker:And then of course if you
have a lightning deal,
Speaker:you really got to be on top
of that, but during that time,
Speaker:tacos is a bit better.
Speaker:So that spend divided by total sales is
a bit better of a true north star than
Speaker:ACOs. ACOs is still very important.
Speaker:If you target is 15 and you're
seeing the ACOs coming in at 300%,
Speaker:it's probably some adjustments
you need to be making,
Speaker:but there's a lot of lag
because that hourly data
Speaker:updates that Amazon gives us is there's
going to be a ton of sales attribution
Speaker:lag. So the ACOs is a
little bit less relevant.
Speaker:It might be showing if your
target's 25, you might be at 50,
Speaker:and that'll lag down to probably
closer to 30 after the event,
Speaker:and that might be okay
for during the event,
Speaker:but that tacos number is
still very important to be
paying attention to because
Speaker:there's not going to be too much
clawback to the total sales. And then
Speaker:as we get outside of the event, we
already hit on this a little bit,
Speaker:but remarketing, using
display ads to remarket,
Speaker:especially if you are a consumable
repurchase brand product.
Speaker:So you can use that to time
when you're remarketing,
Speaker:did they purchase in 30 days
ago during that event? Okay,
Speaker:now it's time to remarket to
them with display ads. Yep.
Speaker:Really great.
Speaker:So we're going to talk about a couple of
those bonuses and then how we can help
Speaker:you as well if you need
additional help for the holidays.
Speaker:But final thoughts from you, Connor,
Speaker:on just how you approach
couponing and discounting
Speaker:and this time period,
Speaker:are you going to mostly lean
into just coupons on Amazon?
Speaker:Have you ever considered lightning
deals and some of those other
Speaker:tools that Amazon has available?
Speaker:Just kind of talk about
any final points there.
Speaker:So margin and profitability,
Speaker:I think we've played around with
some of these other tools before,
Speaker:some of the lightning
deals and those things,
Speaker:but a big part of where Diamondback is
right now in our evolution as a company
Speaker:is establishing the baselines,
which sounds kind of sad, I guess,
Speaker:pathetic that we're nine years in and
we're trying to establish baselines,
Speaker:but we've been through a lot, especially
with the change in manufacturing,
Speaker:so profit margin,
Speaker:contribution margin from
the different channels.
Speaker:Right now we want to really focus on
doing the same thing for a little bit of
Speaker:time and establish and establish a plan.
Speaker:So I think we're going to really
lean into coupons this year.
Speaker:It's something we've done in the past
so that we can then look back and say,
Speaker:effective how are we doing?
Speaker:And that way when we look at next
year, we've got a plan for, okay,
Speaker:last year this was the margin that we
assumed was going to be the sweet spot
Speaker:where we didn't lose too much profit,
Speaker:but we sold more units. And then we can
really start to hone in on these things.
Speaker:So
Speaker:going back to 2017 when I started
the business or bought this business,
Speaker:that was the time of revenue,
revenue, revenue, revenue, revenue.
Speaker:Let's see how fast and how hard we can
go and how much we'll count profits
Speaker:later. Just grow, grow, grow.
We'll figure it out. Yeah, yeah.
Speaker:Guess what got equal? Bottom line, right?
Eventually, yeah, that time has come.
Speaker:And so for us as a company and our
stage of evolution is really now
Speaker:establish those baselines,
Speaker:know those numbers so that in the
future we can really start to see are
Speaker:we being successful? Hey, we sold
a whole bunch on Amazon. Well,
Speaker:so what could we have done better?
Did we do better last year?
Speaker:Did we give away all of our profitability?
Speaker:So stick with the coupons this year
and really focus on establishing a
Speaker:baseline so that we know when we're
being successful in years in the future.
Speaker:Love that coupons, establish that
baseline. Look at virtual bundles,
Speaker:look at how you're doing this.
Fantastic Connor, brilliant insights,
Speaker:a way to weave the brand story through
this man. Really appreciate it. And hey,
Speaker:everybody out there, go
buy a tool belt, man.
Speaker:Somebody in your life that needs a tool
belt. My brother-in-law's a contractor,
Speaker:I'm aided by my recommendation. He's
like, oh, I'm a Diamondback tool belt fan,
Speaker:for sure. Yeah, look at that. Showing off
the product. I love it. And so really,
Speaker:really good stuff. Check it
out on Amazon. So Connor,
Speaker:thank you so much, Luba.
Speaker:I want to let you wrap up here
with a couple of final thoughts
Speaker:on prepping here and also want to mention,
Speaker:if you're looking at this and you
feel like, man, I've got the team,
Speaker:I got the plan, I got
everything. Awesome. Crush it.
Speaker:I can't wait to hear about your success.
If you're like, well, wait a minute,
Speaker:I would like a Luba and or a
Jonathan on my team to help me.
Speaker:There's a short window to do that,
Speaker:but there is a little bit of time and
so we'd love to do some last minute
Speaker:planning and prep to help
you crush the holidays.
Speaker:And so you can GoCommerce
click on Let's Talk,
Speaker:we'll do a strategy session for you,
a little prep time for the holidays,
Speaker:but Luba closing thoughts
as we get everybody ready
Speaker:for Q4 closing tips and thoughts.
Speaker:Closing thoughts. Don't do
promotions, coupons, deals,
Speaker:or anything else just for the
sake of creating a deal on them.
Speaker:Just you feel like you have.
Speaker:Yes. And then two weeks
later saying, well,
Speaker:we run a lightning deal
and it didn't work.
Speaker:The reality today on Amazon
without external traffic,
Speaker:without that external push, your deal is
not going to perform. That's just cold,
Speaker:hard truth. So if you are
running a coupon at the very,
Speaker:very list or a deal or any kind
of promotion, at the very least,
Speaker:pretty much every brand today has access
to creator connections where you can go
Speaker:and set up 10% commission,
create a connection campaign,
Speaker:make sure that you put in
word deal promotion Black
Speaker:Friday into the title because
that's the only searchable field
Speaker:for affiliates and just
have that evergreen
Speaker:because you can go in and you can change
it if you have a little bit more time.
Speaker:LTA helps you to scale it.
Speaker:The least low effort
is create a connection.
Speaker:The higher level is paying up with
LTA and really growing because
Speaker:Amazon is all about the brand.
Speaker:Just slapping a coupon on doesn't
work without brand identity,
Speaker:brand equity and external. Amazon
wants your external traffic.
Speaker:Whenever you do Amazon, always
ask what does Amazon wants.
Speaker:Average conversion of a consumer
when they land on Amazon is close to
Speaker:70%.
Speaker:That's why Amazon is giving you 10%
referral bonus back because they want you.
Speaker:That external traffic. If you provide
it, they will reward you for it. Yes.
Speaker:Well, whenever the brand says,
Speaker:I tried a deal last year
and it didn't work well,
Speaker:what did you do outside of putting
the deal together and running ads?
Speaker:That's the last.
Speaker:Thought. Protect your margins.
Speaker:Make this a profitable
holiday season. In the end,
Speaker:that's all that's going to matter.
Speaker:It's what you get to keep if you're
building a brand or business to one day
Speaker:sell, that's all a future
buyer really cares about.
Speaker:They want to see growth and
some other things as well.
Speaker:But without profits there, you
don't have a very strong case.
Speaker:And so last minute lever I'm going to
pull is let's talk about our sponsor.
Speaker:So a MZ prep, KPAC, hello,
tax seller, candy lta,
Speaker:and three cults. Check them out.
Speaker:We'll send out some unique offers
from them as well as we send out these
Speaker:resources that Luba has
expert put together,
Speaker:I promise you you want some more
Luba in your Amazon business.
Speaker:And so we'll send out these resources.
Thanks once again to Connor Crook,
Speaker:to Luba to Jonathan. And as we mentioned,
Speaker:if we can be of assistance
last minute here,
Speaker:let us know omg commerce.com.
And with that, we'll wrap up.
Speaker:Thanks everybody and good
luck this holiday season.
Speaker:See everybody.