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Waterdrop, a well-known European brand, struggled to gain traction in the highly competitive US market. With a higher price point and facing well-established competitors like Liquid IV, Waterdrop needed a robust strategy to increase its market share and brand recognition in the US. The primary challenges included market penetration, high competition, and low brand awareness, all resulting in a high customer acquisition cost (CAC).
Nectar took over Waterdrop's advertising efforts in August 2023, employing a multi-faceted approach using Amazon's full suite of advertising tools:
Utilizing DSP, Sponsored Products, Sponsored Brands, and Sponsored Display ads to create tailored advertising solutions that enhanced brand visibility and drove subscription growth.
This required deep competitive research and keyword analysis to create brand visibility at every phase of consideration.
Optimized the brand store for user experience by improving navigation, highlighting key products, and using optimal product grouping to enhance the shopping journey and increase conversion rates.
Utilizing data-driven insights to boost sales performance and optimize budget allocation for maximum ROI.
ExploreStreamlined Amazon strategies from access to data insights like never before, leading to massive growth.
ExploreUsing Amazon's Demand Side Platform to drive sales and a significant lasting increase in ROAS.
ExploreRevitalized an Amazon store with consistent branding, improved UI/UX, and targeted advertising to boost sales and engagement.
Explore