Pattern Helps Australian Brand Recover Over $200k Amazon Revenue
Pattern Recovery Gains Back An Average of 6% Revenue for Australian brands
Pattern, global ecommerce and marketplace accelerator, has announced the launch of Pattern Recovery, a new service designed to help Australian brands optimise their Amazon marketplace presence and safeguard past and future profitability.
As Australia’s most popular marketplace, Amazon, offers unparalleled opportunities for brands to reach millions of customers. However, the scale and complexity of the platform can often result in Australian brands becoming overwhelmed and not making the most of the marketplace opportunity. Pattern Recovery supports brands operating as first-party (1P) or third-party (3P) vendors on Amazon to optimise their marketplace presence and recover on average up to 6% of any revenue they may have missed from a five-year look back window.
“Most Australian brands currently struggle to navigate all the moving parts that come with selling on Amazon. This leads to errors resulting in repeated missed opportunities for revenue relating to overcharges, misapplied fees and inventory recovery,” explained Merline McGregor, Managing Director at Pattern. “Working on behalf of Australian brands, Pattern Recovery can identify and recover up to 70% of these missed revenue opportunities and back-date them as far as five years. This ensures brands can gain back profits that would otherwise have been a loss and optimise processes to safeguard profitability into the future.
“Optimisation and recovery efforts have led to some impressive revenue gains. One first-party Amazon vendor in Australia had 19,300 disputes made on its behalf for both new and old fees dating back five years. This achieved a $216,000 recovery.”
Pattern Recovery offers a comprehensive review of all Amazon transactions, pinpointing areas where brands have missed opportunities and efficiently addressing these on the brand’s behalf. This meticulous oversight not only enhances current profitability but also provides valuable insights to help brands refine and optimise their operations to increase future revenue. It does this through in-depth root cause analysis and supply chain coaching, aimed at minimising any future errors before they occur.
What makes Pattern Recovery stand out is its ability to complement the strengths of Amazon's platform, turning potential missed opportunities into improvements and profit gains. The service provides continuous support to brands, offering strategic insights and operational advice that align with Amazon's best practices. This proactive approach ensures vendors can maximise their profitability without any disruption to their selling.
"In today's ecommerce environment, it is more crucial than ever for brands to optimise every aspect of their operations to drive profitability - they cannot afford unnecessary losses or inefficiencies. By ensuring that all areas of the business, including Amazon marketplace operations, are operating at peak efficiency, brands can not only safeguard their bottom line but also position themselves for sustainable growth. It's about being proactive, tightening the ship, and making every dollar count to build future strength,” added McGregor.
For more information, visit https://au.pattern.com/