What's the best strategy for launching a new product on Amazon in 2024?

Expert answer · sourced from 8 podcast episodes

Short answer

The key to a successful Amazon launch in 2024 is funding it. The 'honeymoon period' gives new products a visibility boost, but you must capitalize on it with a robust, PPC-driven strategy to generate sales velocity. Without a significant ad budget, your product will likely fail to rank.

TL;DR

Your launch strategy must be built around funding it. In 2024, the "honeymoon period" that gives new products an initial visibility boost is real, but it only works if you feed the algorithm sales with a robust advertising strategy. Without a significant budget for PPC, even a great product will likely fail to gain traction and rank. As Freeman Cui explained on the Serious Sellers Podcast, you can no longer rely on old tactics like "search, find, buy" to get to page one. The primary lever you have now is advertising.

A modern Amazon product launch strategy is a multi-month process, not a single event. Dave from The EcomCrew Ecommerce Podcast maps this out as a phased approach, starting with a lower introductory price and aggressive, automatic PPC campaigns to generate sales velocity from day one. The idea is to prove to Amazon's algorithm that your product is converting, which you reinforce by gradually raising the price as you accumulate sales and reviews. The hosts on Seller Sessions constantly come back to the idea that each launch is unique, but the common thread is that your ad strategy is what makes or breaks it.

Your first action should be to rigorously re-evaluate your unit economics. Isabella Ritz made a crucial point on Seller Sessions that focusing on low-cost products can be a trap, because the thin margins leave no room for the advertising spend required for a successful launch. Make sure your profit per unit can actually fund the aggressive PPC needed to compete.

Cited episodes (8)

  1. The Amazon Seller Podcast — S7Ep4: Launching On Amazon In 2024 cover art
  2. The EcomCrew Ecommerce Podcast — E603: The Ultimate 3 Month Product Launch Plan cover art

    E603: The Ultimate 3 Month Product Launch Plan

    #2 · The EcomCrew Ecommerce Podcast · with Dave

    This episode details a concrete, multi-stage launch plan with specific pricing and PPC advice.

  3. The EcomCrew Ecommerce Podcast — E102: Amazon Product Launch Strategy for 2018 cover art
  4. Seller Sessions — Cutting-Edge Product Research in 2024 with Isabella Ritz cover art

    Cutting-Edge Product Research in 2024 with Isabella Ritz

    #4 · Seller Sessions · with Isabella Ritz

    Stresses the financial and research pre-work needed to afford a modern Amazon launch.

  5. Seller Sessions — The Honeymoon Period Part 2 - The End Of Gaslight Ranking cover art
  6. The Amazon Seller Podcast — S6EP26 - Launches, Inventory Planning & Amazon Accelerate cover art
  7. Seller Sessions — The Cold Reality of the Honeymoon Period & External Traffic Part 1 cover art

    The Cold Reality of the Honeymoon Period & External Traffic Part 1

    #7 · Seller Sessions

    Explains why a powerful ad strategy is essential to capitalize on the launch window.

  8. The EcomCrew Ecommerce Podcast — E176: Updated Amazon Launch Checklist cover art

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