Hello Guys... Please we need your help!!
My husband and I put all of our savings from this year into our very first amazon product. We worked on it for months and finally started selling on Monday.
We sell boxes of +- 500 envelopes and each box is on the amazon market for $35,40, other sellers are selling them for that price. When we launched monday, we set our price at $29.99 and had 3 sales. The next day, we decided to do it for $15.99 and we sold 7. Today, with the same price, we sold 5. We started PPC right away with a $50 budget and a bid that is right now $1.47.
I feel in my guts that we are doing something wrong as we don't have many sales despite this low price. I also see our product is page 2 when we search it. What I don't understand is how can we get on these "sponsor ads" on the top of page 1 just like the other sellers? Is it even possible without reviews to get on sponsor adds page 1? Are we selling the envelopes too low? Are we putting too much money into PPC right now? Our goal is to get a few sales to get some reviews as we have none.
Please, if we could get your advise, it would truly help! We are alone in this and we can't seem to figure it out... Thank you so much!!