In a world where everything has gone digital, it is important to market your products if you wish for your business to succeed. Teikametrics is a new age Amazon advertisement management platform that aims to help you maximize your ROI from the expenditure that you make on advertisements. Today I will do the detailed Teikametrics Review 2020 and will explore all the features of Teikametrics.
Teikametrics is a robust platform which helps sellers to build their advertisement campaign using keyword bidding, automate their keyword actions, and do goal-oriented campaign optimization.
In addition to managing your entire advertisement campaign, Teikametrics also provides you with Walmart Ads support, a multi-utility account manager, advertisement strategy development, etc.
Teikametrics Review 2020 | Is It Worth The Hype?
About Teikametrics
Teikametrics is an Amazon advertising platform that operates on a pay-per-click module. This platform offers you keyword and bid automation and campaign management services for advertisers.
While most of the similar service providers purely run on AI, this platform prides itself on being 'human-assisted'. I advise that you take the help of their in-house experts to build and run your campaign as they have a talented team of individuals who are dedicated to getting things done.
What tools does Tiekametrics offer?
Teikametrics offers a set of tools that are designed to help businesses to reach their full potential by providing a boost to their profits. This tool makes sure that you get the best ROI possible on the investment that you make for advertising.
Let's look at all the tools that this platform offers for you to understand this platform's potential.● Teikametrics Sponsored Products Optimizer
This tool helps the sellers to optimize their Amazon sponsored product campaigns for profitability. The Teikametrics sponsored products optimizer helps the seller to stay at the top of the game and gives them a competitive edge over their competition. By using this tool, you can:
The experts working for the company will help you in creating advertising campaigns in correspondence to the market standards and also meets the requirement of business goals.
● Easy Keyword Researcher
You don't have to worry about finding the most profitable keywords as the tool will take care of it for you. The algorithm is excellent in finding the best profitable keyword opportunities for your Amazon seller account.
It's a hectic and frustrating process to adjust and readjust bids every few hours in the Seller Central manually. Also, this algorithmic automation helps the retailers to get the best possible placement and maximize profitability.
● Easy Keyword Action
Teikametrics Sponsored Products Optimizer eliminates the need to copy, paste, and upload the list of keywords manually. You can complete all the tasks of the keyword on the dashboard itself.
Teikametrics Sponsored Products Optimizer is fitted with multiple features all aimed at maximizing sales and increasing profitability. You can minimize your spending on wasted ads with this software. This tool allows all retailers to focus on selling products on Amazon.
Some of the Teikametrics that third party retailers can optimize are:● Teikametrics Flywheel
● Insite for FBA
● Sponsored Products
● Expert Partner Services
● SPO Managed Services
● Expert Campaign Launch
The Teikametrics Flywheel is an efficient tool that helps the retailers to launch and maximize the profitability of the products. Total profitability can be increased with the help of organic ad product data.
You can follow this three-step process to best leverage this optimization tool
● Using Sales Data for improving Advertising
The smart algorithm of the software uses all the data points taken from the new point of sales to optimize Amazon advertising to help create momentum that your business needs.
● Optimizing Ads
You can use the Flywheel Data Science to optimize data using its next-gen advanced machine learning algorithm. This will help you in cutting down costs and improve your conversion rate.
● Increase Organic Traffic, Sales, and Reviews
The algorithm tool is efficient in finding and generating new leads for your products. This lead generation is done by increasing sales, reviews, and organic traffic.
All of the product-centric performance metrics are applicable to both organic sales and ads. Its smart data management and tracking tools will provide the seller easy-to-understand charts and graphs. The seller can use these graphs to determine their course of action and put more resources into the area with maximum output. All of these automated advertising tools are AI-controlled and will function even if you are not available.
Flywheel makes it easy for you to analyze the actual level of product profitability. It makes sure all the relevant data and information is stored in a secure place for easy access. Flywheel makes sure every single penny of yours is used in such a manner so as to maximize your ROIs. It is an excellent tool for managing your business as it will help you in spending lesser on advertising and generating more profit.
● Sponsored Products
The sponsored product tools are efficient in helping you control your Amazon business.
● Increase Productivity
The tool automatically recognizes the negative keywords and helps you save time and widen your margins.
● Target Top Performers
The tool can automatically transfer the high performers from automatic campaigns to a manual which will improve your ROIs.
● Accurate Keyword Targeting
You can refine your targeting by using the same phrases and keywords. Keyword targeting is an important and great tool to generate relevant traffic.
● Adjust Bids
All the impressions and clicks are observed and recorded, which will help you in adjusting the bids for the highest performing keywords to get a better sales conversion ratio.
● Insite for FBA
Insite for FBA is an excellent software that helps retailers discover new opportunities while managing investments and tracking profitability.
● Maximize your Time and Capital
Insite for FBA helps businesses to gain more visibility than it requires and also to help make smart purchasing decisions. You can always improve your market sales and conversion rate, irrespective of how well you are performing currently.
This tool can easily determine which suppliers and products are not generating desired results and which of them are helping your business grow. You can use this data to restock only the products which are fast selling if you are on a budget crunch.
You can categorize your most profitable bets in the form of the supplier, buyer, product, and SKU. This software can help you in taking suitable actions by analyzing the sales ranks velocity and sales velocity.
You can see all your sales data spanning months and even years with the help of this software. This data is extremely important in determining your profit and growth helping you to plan for future campaigns.
● Metrics
You can determine the real profitability of your business by thoroughly reviewing all the cost data collected by the software. You can sort this data by account, supplier, and SKU to collect deeper insights about the aggregate business performance.
All the promotional and advertising fees are accounted for by the software to identify over-performing products. The tool also keeps a check on stale products that are not providing any profit and are tying up the capital.
● Business Managers
Insite for FBA is a robust tool essential for business managers, and it helps them optimize their businesses across multiple platforms. It can identify productive opportunities for each business.
All the collected data will help business owners in understanding which products and services are working and which are not. This can help retailers to prioritize the products that are performing well. Business owners can quickly jump on new opportunities and improve their profits and overall growth.
Who is Teikametrics most suitable for?
This is a robust platform if you use it properly. Teikametrics is most suitable for advertisers who are looking for a single platform to take care of all their Amazon advertisement needs in one place. Also, users who are looking to delegate most of this work will find this platform highly useful.
However, if you are looking to optimize both your PPC advertisement campaign and SEO performance, this is not the right tool for you. If you wish to generate revenue growth using insights into organic and other paid channels' Amazon performance, you might want to consider other options.
Also, while this tool is useful for both small and big advertisers alike, the cost of operation can be significantly high for small businesses. It becomes challenging for small businesses to keep track of all the costs. Also, the monthly service charge for their team of experts which you need to run this tool efficiently alone can burn a significant hole in your pocket.
But it is important to note that if you are a large seller, this tool can be really beneficial for your business. There are a few tools that are as powerful and optimized, and user-friendly as Teikametrics.
What are the pricing plans of Teikametrics?
Teikametrics has different flexible plans based on the features that you want to use. If you are a seller, you will be charged based on how much you spend every month on your Amazon ads. However, if you are a vendor or an agency, you'll need to contact the company to get a quote.
Let's look at various pricing plans that Teikametrics offers.
● Free Trial
This platform offers a free trial to all the users so that they know what they are getting into. This trial period lasts for 30 days, and you need to give in your credit card details to start using this platform.
● Flywheel Self-Service
In order to access the Flywheel Platform, you need to shell out $59 per month. Also, you need to pay 3% of your monthly ad spend fee if you spend over $5000 every month. This fee is only applicable if you wish to use their feature of Algorithmic bidding.
By getting this package, you also get access to their highly efficient customer support. You get in-app support and access to their comprehensive help center and video tutorials.
● Flywheel and Pro ServicesWhile you have to pay the service charge of $59 to access the Flywheel platform like in all the plans, you pay extra for the features that you are getting. You also need to pay 3% of your monthly ad spend fee if you spend over $5000 every month.
Flywheel and Pro Services plan as the name suggests also includes Amazon and Walmart services additionally. For the Amazon services, you have to pay $1500, and for Walmart advertisement management, you have to pay an additional $500.
While this cost looks quite a lot, the features and services that you get make up for it.
● Flywheel and Premium Services
Just like all the other packages, you need to pay the platform access of $59 and an additional 3% ad expenditure for above $5000. In addition to this cost, you also need to pay $5,000 for Amazon premium managed services and $1,000 for Walmart premium managed services.
This package brings not only many premium features but also gets complete management from their expert team.
● Teikametrics for AgenciesIf you are an agency who want to handle large scale businesses, you need to connect with them. They haven't revealed the pricing for agencies online. Instead, they want to know about your requirements and then give you a customized quotation so that you don't pay anything extra.
What are the Pros and Cons of Teikametrics?
Let's look at various pros and cons of Teikametrics , which will help you decide whether you want to subscribe to this platform's services or not.
Pros
● Real-time smart tracking and accurate data reports
● Unique features that provide you with custom reporting.
● A complete and robust solution for all the large scale Amazon sellers and businesses.
● User-friendly interface and exceptional customer service.
● Completely managed services save you time and effort.
Cons
● Might turn expensive for small-scale businesses.
● Lack of complete AI assistance.
● Difficult to manage everything on your own.
FAQs Related To Teikametrics Review
Key Takeaway Conclusion: Teikametrics Review 2020
Teikametrics is a complete, powerful, user-friendly, and accurate solution for all the large Amazon businesses. This platform guarantees you more profitability by optimizing your Amazon functions like product bidding, reducing wasteful advertisements, and by providing you additional and new opportunities.
Also, the complete management feature also comes in very handy. Especially when you lack the technical knowledge or simply want to delegate out this business function. Their highly responsive and expert customer support team is a mere phone call away to help you with anything.
However, the only significant drawback of this platform that I understand is the cost of operation. These packages that I have listed above may seem fine and will be worth your money if you are operating at a large scale. However, if you are a small business or just starting out, you might want to look out for additional tools and services to take care of some functions.
If you have large scale operations running on Amazon and won't mind shelling out some money, you must get a subscription to Teikametrics. This is simply because of the high-quality features and support that this platform offers.
