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July 10, 2024

Prepare Your E-Commerce Brand For Prime Day 2024

Prime Day isn’t just an Amazon event anymore. The two days of exclusive deals have morphed into an online shopping extravaganza that impacts the entire e-commerce industry. Each July, retailers of all sizes join in, offering competitive deals that influence consumer behavior and reshape sales strategies for brands across the globe.

Advertise Purple witnessed the highest revenue-driving days of Q3 2023 on Labor Day (September 5) and the two Prime Days (July 11 and 12). Affiliates drove substantial revenue for our clients across all verticals, underscoring Prime Day’s significance and highlighting the opportunities for brands.

This year, Prime Day is set for July 16-17, so mark your calendars. To maximize engagement, our team recommends running promotions from July 14 to 19. This extended window captures consumer interest during the lead-up and aftermath of Amazon’s 48-hour event, allowing brands to benefit from the shopping halo effect.

Seizing the Prime Day Opportunity

Prime Day offers brands a unique opportunity to boost sales through strategic affiliate partnerships. The event’s massive scale attracts deal-hungry consumers eager to get exclusive discounts and promotions. To effectively leverage the Prime Day effect, consider implementing the following promotions:

  1. Free Shipping: Waive shipping fees on all orders.
  2. Product Bundles: Craft product bundles at a discounted rate.
  3. Flash Sale: Launch limited-time offers.
  4. Percentage Discounts: Offer a percentage off specific products or categories.
  5. Purchase Threshold Discounts: Providing discounts based on a minimum purchase amount (ex: 20% off orders of $250+).

Conclusion

Prime Day’s impact on e-commerce extends far beyond Amazon’s platform. It creates a domino effect that influences consumer spending habits across the entire industry. By strategically aligning promotions and leveraging affiliate partnerships, brands can not only boost sales during Prime Day but also capitalize on the heightened shopping interest before and after the event.

Prepare your brand to harness the power of Prime Day and capitalize on this global shopping phenomenon. By understanding and adapting to the trends set by this event, your business can thrive in the competitive e-commerce landscape.

Work With Advertise Purple

With over a decade of experience, Advertise Purple has generated $4.6B in affiliate revenue for more than 5,000 brands across 23 verticals, establishing its spot as a leader in partnership marketing management. Combining extensive experience with exclusive proprietary affiliate partnership technology Purply™, Advertise Purple delivers award-winning affiliate program management for Enterprise, SMB, and international e-commerce brands aiming to drive performance-based online customer acquisition. Contact our team to learn more.

Are you getting started in affiliate marketing or looking to improve your current program?

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