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Premium brands don’t win on Amazon by chasing discounts

Here’s a smarter, more profitable strategy.

[Photos: Anirudh/Unsplash; Tamanna Rumee/Unsplash]

The fastest way to destroy a premium brand on Amazon isn’t a bad product page. It’s a 20%-off badge that never comes off. 

That is where many brands get into trouble. Sales soften, competition heats up, and promotions start to feel like the simplest way to keep momentum going. The short-term lift may look encouraging, but the longer-term effect is harder to reverse. Shoppers begin to expect a deal, full-price........

© Fast Company