Hey Leigh,
First off, I'd say that your #2 concern would be a great problem to have! I'd rather own 2 of the top listings than just 1!
In scenarios where product-level optimization is not feasible/efficient/etc, I'd try to get as many data points on each product as possible and do 'form optimization'. I see that your initial descriptions are going to be similar. You should enhance them a bit using product attribute info. It takes a bit of programming but worth it in the long run!
Do you have other product attributes which can be worked into each product page template?
Maybe stuff like:
- Size availability (2,3,4,etc.)
- Color/style options (white, gold, pink, etc.)
- Seasonal availability (winter, spring, year-round, etc.)
- Parent category names (wedding ring, anniversary necklace, etc.)
- Material (gold, sterling, etc)
- Fulfillment time [1 week, immediately, etc.)
- Weight
In this case, you can enhance your descriptions with that data. For example, your product page template would look like:
The [Insert Ring Name] is a [Insert material] [Insert parent category name] available in a variety of sizes including [insert size options, comma separated]. The [insert product name] is available [insert availability attribute] and usually ships [insert fulfillment time].
Would yield something like this on a specific product page:
The 14k yellow gold ring is a yellow gold wedding ring available in a variety of sizes including 1,2.3 and 4. The 14k yellow gold is available year round and usually ships in 1-week.
We're still seeing form optimization work pretty well as long as:
- The content is pretty useful and not just a bunch of keywords and attributes stuffed onto each page (aka, provide value, especially to the customer!)
- You have at least a few different data points for each product which can be utilized to hide the appearance of 'form optimization'
O yeah, not sure of your sales volume but push the h*ll out of getting customers to write reviews and make sure the reviews appear in a SE friendly way on the product pages themselves for added uniqueness.
See where I'm going with this? Hope this helps and good luck!