Case Study Readerest
How Readerest Partnered With Pidapi & Grew amazon Sales by 93% Year For 3 Year, Generating $2,100,000 Increase In Anual Sales.
OVERVIEW Of Readerest
How Pidapi Grew Readerest Annual Sales By $2,100,000
Readerest became the number one selling magnetic eyeglass holder due in part to premiering on ABC's hit television show, Shark Tank. After seeing a huge growth spurt from the positive feedback, Amazon sales began to plateau at $500,000 for three consecutive years.
This was a result of their seller account being improperly managed. Advertising campaigns were unprofitable with an ACOS of 117%. Amazon was overcharging for FBA rate fees and not properly issuing reimbursements for lost and damaged inventory. These issues combined negated the organic 10% year-over-year growth.
Readerest sought out Pidapi to help them implement best practices with a focus on daily tasks that provide a monetary impact and a mindset of short-term return.
93%
Increase in Sales per year
-92%
Decrease in ACoS
+7.8%
Increase in Profit margins
+486%
Returns on Investments
PIDAPI Approach
OPTIMIZATION
Monitring
Optimizing
Our Testimonials
Hear It From Pidapi Partners Who Are Already Earning With Us
Finally, a company that cares about results. In the Past 7 years, we have engaged with no less than 4 different agencies and have challenged many more that claim to have the magic sauce when it comes to profitably increasing Amazon sales. Pidapi has successfully increased our sales by over 90% year over year, while decreasing our ACoS and fees, resulting in an increase in profit margins. If you are not satisfied with your Amazon sales, and you’d like some help, give Pidapi a call.
Founder & CEO
Conclusion
After seeing consistent growth year over year on Amazon, Readerest is able to focus on developing new products and other sales verticals for their business. They now have a reliable team to manage the day-to-day operations. Pidapi continues to work closely with Readerest to increase sales and profitability on and off of Amazon.