In the Amazon marketplace, every seller dreams of topping the charts and seeing their product listed as a bestseller. The key to this achievement is decoding the Amazon Best Sellers Rank (BSR).
BSR provides a snapshot of a product’s popularity and sales performance relative to other offerings in its category. While it may seem like just another number, BSR plays a pivotal role in determining a product’s visibility and, consequently, its sales on the platform. Ambitious sellers thus need to master strategies to improve it and give their offerings a visible boost.
Keep reading as we explore the intricacies of BSR, the factors that influence it, and actionable steps you can take to give your products the best shot at achieving bestseller status.
What is BSR?
BSR is an Amazon metric that gauges a product’s sales performance. It compares the item to its peers within the same category to determine its sales rank.
For instance, if a product has a BSR of 1, that means it’s currently the top seller in its category. So, the larger the number, the lower the sales rank.
BSR carries significant weight for several reasons:
- Popularity indicator: BSR reveals how popular a product is among Amazon customers. A lower number means the product is selling better than others in its category, making it a favorite with shoppers.
- Sales performance metrics: BSR determines sales performance for more concrete insights. A consistently low rank indicates sustained sales success, while fluctuations can highlight increased or decreased sales periods.
- Guidance for sellers: With this snapshot of your product’s performance, BSR helps identify what’s working and what isn’t. By monitoring BSR, you can strategize more effectively to improve your product’s rank.
Amazon clearly displays BSR on product pages so it’s easy for shoppers to find. It’s typically located in the “Product details” section, where other information like product dimensions and weight are listed.
Amazon also updates BSR frequently, often several times a day, to reflect both recent and cumulative sales of every product. This ensures the BSR provides a current and accurate representation of a product’s sales standing relative to its competition.
What factors go into BSR?
A variety of elements shape this sophisticated metric. To fully understand its workings, you need to become familiar with these influential factors:
- Historical sales data: The BSR isn’t a static figure that only depicts the present scenario. It’s a fluid metric that combines both past and real-time sales data. Although recent sales heavily influence BSR, this dynamic nature ensures they don’t overshadow the cumulative performance of a product over time. So, a product that has consistently enjoyed robust sales in the past is more likely to maintain a favorable BSR, even if its current sales witness a minor dip.
- Current sales velocity: The speed at which a product sells on Amazon holds significant sway over its BSR. While demand spikes can temporarily boost BSR, consistent sales over time solidify an item’s standing in its category. A product that consistently sells well will typically enjoy a healthier BSR than one that experiences erratic sales.
- Price fluctuations: If a product’s price changes, either through discounts or hikes, it can directly influence its sales and, by extension, its BSR. For instance, limited-time discounts can temporarily surge demand and boost BSR. Conversely, an unexpected price hike might deter potential buyers, leading to a drop in both sales and BSR.
- Seasonality and trends: Events like Black Friday, Cyber Monday, and the holiday season create surges in specific product categories. As such, items that are popular gifts might see their BSR improve drastically during these periods. In contrast, off-season products tend to experience a dip in their BSR at these times.
- Product availability and stock levels: If a product runs out of stock, you lose sales. Stockouts can thus hurt a product’s BSR as well. Consistently maintaining healthy inventory levels can avoid missing potential sales and support a more favorable BSR.
Additionally, if a product’s stock level drops to a critical low, Amazon might display an “Only X left in stock” message. This can have a dual effect of spurring urgency-driven purchases and boosting BSR short-term or deterring some buyers looking for bulk buys.
How to improve your Amazon BSR
Amazon’s vast marketplace can be overwhelming to operate in, particularly when monitoring essential metrics like BSR. However, a stronger BSR is crucial for distinguishing your offerings amid the sea of sellers with competitive products.
Let’s explore some strategies to elevate your BSR.
1) Improve product listings
Your product listings are the face of your brand on Amazon, so they need to be impeccable.
Incorporate clear, high-resolution images that cover multiple angles of the product. The more buyers can visualize, the more confident they become.
Also, go beyond basic details in your product descriptions. Highlight unique features, benefits, and how the product stands out from competitors. A bullet-point format can make it easily digestible.
Finally, employ tools to pinpoint strong keywords relevant to your product. To maximize visibility, integrate these organically into the title, description, and back-end search terms.
2) Increase customer reviews and ratings
Social validation is a powerful influence in eCommerce. Kindly request buyers to leave feedback through a post-purchase email strategy to increase your reviews and ratings. Focus on the product and service quality to garner positive reviews naturally.
Always respond to both positive and negative reviews as well to show you value customer feedback.
3) Optimize pricing strategy
Perform market analysis and regularly monitor competitor pricing to set optimal costs for your items. Use tools that automatically adjust your prices based on market conditions and demand. Then, introduce occasional discounts or bundled deals to attract new customers.
4) Boost sales velocity
A consistent sales pace can work wonders for your BSR. One significant factor is the reliability and speed of product fulfillment. Amazon’s Fulfillment by Amazon (FBA) service ensures products are stored, packed, and shipped efficiently so you can keep your sales momentum.
Through FBA, your products are eligible for Amazon Prime, which increases trust and appeal to a vast segment of Amazon shoppers who prioritize quick and reliable shipping. In fact, FBA sellers enjoy a 30%–50% increase in sales. The program also decreases the chances of shipping-related issues to provide a smoother buying experience, potentially leading to positive reviews (and thus a stronger BSR).
Enjoy a frictionless FBA experience with MyFBAPrep
While FBA is an excellent service, you must ensure your items arrive at Amazon’s fulfillment centers promptly and in compliance with the program’s regulations. That’s where third-party logistics providers (3PLs) come in.
MyFBAPrep is one such option that specializes in preparing and shipping products for Amazon FBA sellers. With expertise in warehousing, product preparation, and shipping logistics, the service can streamline your supply chain so your products are always ready for Amazon’s fulfillment centers.
By reducing potential delays, you can maintain consistent stock levels on Amazon, avoid stockouts, and secure steady sales, all of which boost your sales velocity and BSR.
5) Manage inventory effectively
Effective inventory management is the backbone of successful Amazon selling. A seamless stock flow ensures products are available for eager customers and so plays a pivotal role in improving your BSR.
Adopt tools that synthesize historical sales data to forecast future inventory needs. This proactive approach prevents overstocking and understocking so you always have the right amount of inventory. Keeping steady stock is crucial as well, since periodic stockouts not only affect immediate sales but can also harm your BSR and brand reputation.
Through Amazon’s FBA service, sellers can hand off the logistical side of the business to Amazon’s robust fulfillment network. This ensures quicker delivery times and thus enhances customer satisfaction due to the service’s reliability.
Inventory management becomes significantly more manageable with a 3PL partner. Learn more about how MyFBAPrep’s Amazon FBA services can remove that burden for you.
6) Engage with promotions
Leveraging Amazon’s promotional tools can amplify your product’s visibility and boost sales, which directly influence your BSR. These include:
- Lightning Deals: Short-term promotions that provide heightened visibility and can lead to rapid sales (Ensure you’re well stocked to meet the demand surge.)
- Coupons: Digital discounts directly on your product listing that attract both bargain hunters and hesitant shoppers
- Best deal promotions: Longer-running discounts that maintain elevated sales over several days (ideal for larger inventory batches)
- Buy one, get one (BOGO) offers: A tried-and-true tactic to move inventory quickly and introduce buyers to new products
- Promotional bundles: Combined products offered at a discount to boost average order value
Regularly assess your promotions’ impact to refine your strategy and ensure you provide value to your customers while maintaining profitability.
7) Expand product visibility
Spread the word about your product to support its high popularity. Although Amazon is an advertising powerhouse, capitalizing on other platforms can drive additional traffic and sales, further bolstering your BSR.
Social media’s wide reach can be a game-changer in that regard. Platforms like Facebook, Instagram, and Pinterest aren’t restricted to socializing alone — they’re also potent marketing tools. With tailored ads and organic posts, you can showcase your products to a vast audience and entice them to visit your Amazon listing. Try partnering with influencers or bloggers in your niche as well. Their endorsement can introduce your product to their followers and expand its reach.
Meanwhile, email marketing opens a direct line to your audience to foster loyalty and repeat business. Regularly updating past customers about special offers, product launches, or simply providing value encourages consistent engagement and sales. Strategies like segmentation ensure your messages are targeted and relevant, which increases open and conversion rates.
8) Continuously monitor and adjust
Success on Amazon requires agility and a commitment to constant improvement. In the same vein, maintaining a high BSR isn’t a one-time effort but an ongoing process of monitoring, learning, and adapting.
BSR is a dynamic metric, so check it routinely to uncover valuable insights into the efficacy of your current strategies. By analyzing spikes or drops, you’ll better understand what’s working and what needs an adjustment. Helpful strategies include:
- A/B test: The online marketplace is vast and varied, so what works for one product or audience might miss the mark with another. A/B testing allows you to experiment with different elements of your listing, like titles, images, and descriptions. By comparing the results, you can hone in on the most effective content and presentation for your target audience.
- Stay updated: The only constant in the Amazon ecosystem is change. Whether it’s updates to the platform’s algorithm, shifts in market dynamics, or emerging consumer trends, staying informed is crucial.
Regularly explore the Amazon Selling Partner blog and forums, attend webinars that cover relevant topics, and read up on the latest eCommerce news. That knowledge will keep you a step ahead and enable you to pivot your strategies so they align with evolving best practices.
- Build a feedback loop: Engage with customer feedback and reviews. This not only provides direct insights into how shoppers perceive your product but can also highlight areas for improvement, be it product quality, listing accuracy, customer service, or some other important aspect.
Wrapping up — Mastering Amazon BSR
Amazon’s BSR is a crucial metric for both experienced and novice sellers alike. More than a number, it’s a reflection of a product’s popularity with consumers, its market traction, and the effectiveness of your selling strategies.
Although many want to achieve the coveted number-one rank, mastering BSR is about consistently performing well in a highly competitive sales environment. This requires a thorough understanding of Amazon’s algorithms, the ability to adapt to changing trends, and a steadfast commitment to meeting customer needs.
Every strategic move, from optimizing product listings to leveraging external promotional channels, contributes to improving BSR and boosting product success. As eCommerce continues to expand, those who unlock the potential of BSR are well positioned not only to stay afloat but to emerge as leaders in Amazon’s bustling marketplace.
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