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Do you want a platform that helps your company to grow? Are you a brand looking to maximize profit by delivering more products and better customer service?
Amazon is a huge company and it’s tough to keep up with their ever-changing strategies.
The Amazon marketplace is not just about Amazon. It’s about the competition. Amazon has over 100 million products and over 2 million sellers in their marketplace. The money you’re spending on Amazon ads, Amazon PPC and Amazon Sponsored Products is not enough to stay in the game.
Teikametrics is a robust, user-friendly tech platform that provides a precise approach for larger Amazon companies. It ensures that the company becomes more profitable by maximising Amazon funded product bids, removing needless advertising from youAmazon.
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 2023 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.
Table of Contents
Teikametrics Review 2023
About Teikametrics : (Top Pros & Cons)
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.
🔥Flywheel 2.0 by Teikametrics : New Feature
Teikametrics launched their new tool which is Flywheel 2.0 connects your data and applies AI to optimize for sales and profitability. With more sales, comes higher sales rank and organic traffic, resulting in more data for our AI to optimize your business. It easily optimize your business for smart, strategic growth on Amazon and Walmart.com.
What tools does Teikametrics offer?
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.
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.
The sponsored product tools are efficient in helping you control your Amazon business.
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.
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.
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.
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.
Here are some more features of this great tool:
1.An algorithmic keyword bidding approach built on machine learning that allows you access to the best degree of optimization.
2.It consists of tools for Profit Analysis. Track your revenue on a per-account basis. At any moment, you will see all fees, discounts, and ads. Check your real benefit and set maximum bids to successfully market goods.
3.It provides easy Keyword Automation. Increase your keyword game. Automate and speed up your process to boost efficiency, sales, and product visibility.
4.Gather unique perspectives in real-time with reporting tools. You will get reports that are tailored to your individual goals. A dashboard with a structured summary. You will see comprehensive ACoS, market volume, net earnings, and other metrics. You may also use the forecasting and tracking features. Spend, impressions, visits, cost per click, click-through rate, conversions, and conversion rate are among the other metrics available in this view. The dashboard also shows keyword output in terms of net ad sales. The highest contributing keywords to net ad sales are only shown on the home page. Users will, though, have a closer look by choosing to see the keywords used in current and previous campaigns.
5.PPC management/Sponsored Products, which support and encourage brands. You will compare various forms of sales and devise a strategy based on your findings. For example, you should compare organic and PPC revenues to make smarter campaign choices.
6.Teikametrics’ app automates it, so all the user needs to do is log in, build a campaign, and follow the advice. Users could also set target ad costs based on revenue thresholds, allowing you to gain control of promotion without them having to track it. In the affiliate tracking area, users can see weekly action objects.
7.Negative keyword targeting enhancements, top contributing keywords, and automated to manual campaigns are all registered, categorized, and reported for each campaign. Data on views, spend, revenue and promotional expense on sales is available for each keyword in the categories.
Teikametrics Analysts and experience
Many of the features listed above, as well as their purposes, can be handled solely via the app. However, some sellers have found that dealing directly with Teikametrics analysts makes configuration and maintenance simpler, and you have that alternative as well. As opposed to resources that don’t allow you to collaborate with a team of experts, Teikametrics has a higher price tag. Teikametrics has a highly talented and committed staff, so the additional cost would be well worth it.
Especially if you don’t have the time to keep up with software updates. Teikametrics has a team of more than 20 e-commerce researchers who work with retailers. Teikametrics researchers will aim to interpret your company priorities in order to create successful campaigns that will help you achieve your goals.
Teikametrics Review Pricing Plans
Pros & Cons of Teikametrics Review:
The platform provides you with many positive aspects. Some of them are :
- Fully set up, your account rep will provide you with an expert review of what you need and how much it costs before they get started on our solution. They’ll be happy to set up the service for an easy monthly payment.
- If you are looking for help managing your Facebook Ads, you’ll love Teikametrics. Teikametrics helps new and experienced advertisers get more out of their ads with lower costs.
- By automating my work, it gives me more time to focus on other aspects of the business. They also have pretty good customer service. I plan to remain with them for at least another few months.
- They helped a lot with setting up business, and kept us updated all the time. The tools they provide are incredible; I would definitely recommend them.
- It’s simple. This helpful tool will suggest which items you need to reorder, allowing you to spend more time focusing on your small business.
A platform having pros will have some cons too. We will share everything with you, even the negative points too. Let’s look into it :
- When it comes to support, the only thing I can really say is that they are occasionally a little slow.
- On occasion, users have to wait for a longer period of time to hear back from them regarding something you are worried about or needed help.
- There are a few cost issues but the pricing is way above what is reasonable. If you have a big ad spend (which you are possibly trying to reduce), the monthly fee can be insanely expensive.
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Testimonials for Teikametrics by its Customers
Account Manager @ ICON
Not only are our metrics and performance up and exceeding expectations, but I’ve been really impressed with the way that they manage our business.
Partner @ AgentRetail
Once you see the algorithm in action, you see how awesome Teikametrics and their technology really are!
Founder @ Fin Fun
Teikametrics has definitely made the management of our Amazon advertising better. By combining the convenience of managing keywords and bids, along with being able to track our ongoing results, Teikametrics has given us more control over our Amazon advertising than we’ve ever had before.
Director of Performance @ Nutribullet
Teikametrics came in with a very clear perspective on how to drive brand growth on Amazon, powerful AI systems and a strong managed services team.
BIG NEWS: At #Teikametrics, we’ve used data science & AI to create powerful software solutions for advertising. Now, we’re building a platform to simplify, clarify, & power your entire business: #Flywheel2point0 Don’t miss out – request early access https://t.co/lsDO0Ox0nx pic.twitter.com/3GJ8IEPXjd
— Teikametrics (@Teikametrics) October 5, 2020
FAQs Related To Teikametrics Review
Is the support staff of the platform really supporting or not?
Teikametrics is committed to delivering the best solutions with superior customer service. Their team of experts has your back. They are readily available at any hour to lend a helping hand. It’s about helping others within your community with the same concerns you have. They’re more than happy to pitch in and help you resolve issues related to finance.
Are there any tutorials available to understand the features of the app?
This company assumes that you have some basic knowledge of computer graphics and has created a lot of resources like video lessons, tutorials, etc. to help you get started quickly with all the basics. If these resources do not provide the answer to your questions, their friendly customer support team will assist you in person.
What kind of reporting am I going to receive?
With Ad Management, the Account Manager can send you standard weekly reports through email. Additionally, you can gain access to the Flywheel portal, which enables you to log in and review or export reports on request.
How much can I communicate with my Account Manager?
Contacts with your Account Manager are closely related to your service standard. You'll talk with Ad Management once a month and get weekly check-in emails.
What level of expertise would their analyst possess?
Their analysts are experts in advertisements rather than generalists. Their analysts have years of experience working directly in ads, ecommerce, and marketplaces. They are subjected to a thorough interview phase that involves tests of quantitative, empirical, and rational thinking. They are expected to continue their schooling, which includes qualification in Amazon search/display ads, data science training, and admission to Teika testing. They are compensated based on both customer success and retention, ensuring that their objectives match with yours.
Am I charged the $59 Platform Fee every time I begin advertising in a new country?
When you are a platform-only customer, your base fee will cover all countries where you are advertising. Your ad spend fee is applied to any ad spend that is not under optimization. This can vary for Ad Management customers.
Can multiple users access my Flywheel account? How do they get permissions?
Yes, you can have multiple people with access to your Flywheel account. You can control who has access in Seller/Vendor Central. Learn more about the process of adding and removing users from their official website.
Am I charged based on the number of users of my Flywheel account?
You do not need to pay based on the number of people using your account. Your bill as a Self Service SaaS customer is $59 for your monthly platform fee and 3% of what you spend on ads each month, but your first $5,000 in ad spend is free every month.
Why is it important to consider profitability, inventory, and product lifecycles when it comes to advertising?
Advertising should not be done on its own. It is important to understand other parts of your business to make sure that the advertising is going towards what you want. For example, knowing how much money you make from each sale will let you know at what point advertising will be profitable. Knowing if your product is brand new or already established will help you know if it is more important for advertising to sell as many things as possible or for it to be very profitable. You should also know how much of that product you have in order not to run out and never get any more again.
When is it appropriate to have Teikametrics manage my advertising for me?
Advertising is hard. It's very hard to know your goals, the competition, and the tools of Amazon and Walmart. Advertising also takes a lot of time because it takes so much experience to understand all these things. Let Teikamterics help you with advertising so you can save time, be more successful, and grow faster!
👉Does Teikametrics offer a free trial?
Yes, Teikametrics offers a free trial period of 30 days. However, you need to input your credit card details before you can access their platform. However, you can cancel this subscription at any time you like without having to pay any money.
👉Does Teikametrics offer 24 hours support?
Tiekametrics understand that your business runs 24 hours and from different time zones. Keeping this thought in mind, Teikametrics offers 24 hours support for its customers who avail of the pro and premium services. Their team of expert customer care executives is just a phone call away.
👉Are there any resources that will help you learn how to use this platform?
Yes, this website offers a huge database of video lessons, tutorials, step-by-step guides, etc. to make sure that you are able to handle most of your queries yourself. However, if you are unable to get the desired solution out of these resources, you can always connect with their customer support team.
👉Is it beneficial to use this platform if you are just starting out on Amazon?
While this platform has something for everybody, you might find this platform expensive. You might want to consider this platform in combination with other tools to keep your cost to a minimum. However, if you don’t mind the operational costs going high, this is a highly useful platform that will help you grow your revenues significantly.
Conclusion: Teikametrics Review 2023
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.