Whether you’ve been successful with Amazon Paid Ads or not,
it is always a wise decision to invest in advertisement unless you’re selling
something really unique. Over the time, Amazon advertisement proves to be an
effective tool for every seller in increasing their sales & ROI. No matter
whether it’s your first time on Amazon Paid advertising or you’re already into
it, there are a lot of factors that should be considered to get the most from
your paid campaigns otherwise you’ll only lose your money
Amazon Sponsored Advertisement can be
categorized in 2 basic forms:
- Preparation before Launching
- Ads Optimization after Launching Ads
1. Do you want to promote products,
specific category or brand?
Amazon basically
offers 3 types of advertisement options viz. Headline Search, Sponsored
Products and Product Display. Depending on whether you want to promote
individual product or brand, you have to opt from these.
- Choose products that you want to
advertise:
Sponsored Products
|
Headline Search
|
Product Display
|
Paid ranking of ASINs in search results | Ideal for brand-based promotion against search results | Displaying ads on competitor’s listing |
Available in Seller Central | Available in Seller Central | Only in AMS Panel |
Low Costing
|
High Costing
| Moderate Costing |
Automatic/Manual Campaigns
|
Manual Campaigns
| Manual Campaigs |
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Make a list of products that you want to advertise. For optimum ROI, ensure to
choose only those products that have promising detail page like reviews, good
images, content, etc. Running paid ads on optimized listings will result in
reduced bounce rate or low ACoS (Advertising Cost of Sale). Products with low
star rating or average detail page look will mostly result in high impression
but marginal purchase rate
• Create different categories for different
products. Avoid adding two distinct types of products in same ad group like
earphone with power bank.
- Choose your keywords ‘wisely’:
Keyword is the primary important aspect of any
paid advertisement. There are several ways to opt for a good keyword database as
per your chose advertising method. While sponsored products should have more
focus on product or category keywords (like earphone), there can be brand
specific keywords including competitor brand when it comes to headline
search/product display advertising method.
- A good way to build good keywords over the time
is to follow the below-mentioned strategy:
- Understand
Amazon Users Search Behaviour
- Research
keywords
- Run
Ads with Low Budget
- Download
Report & Filter-out Keywords with Low Traffic or Unusually High ACoS
- Increase
Bid/Budget on High-performance Keywords
Relevancy is the prime thing that will ensure
the success of your campaign. Relevancy simply depends on the number of clicks
on your ads whenever your ad shows in search results. More clicks will
eventually lead Amazon to believe that the product is compatible for the
customer specific keyword. It’s like quality score from AdWords.
Relevancy does
not build in a day or week but it takes time. If your ASIN will have more
relevancy, your ASIN will show even if your competitor and you have the same
bid for same keyword
Bidding is among the prime
factors for driving sales/impression on Amazon. Your keyword bids against
specific keywords determine whether you’ll gain impression or not –
underbidding will not show up your ad whereas overbidding may burn a hole in
your pocket. That’s why, it is recommended to optimize the bids after 1 week of
setting up your new ad.
Objective
- Sale
Performance
- Brand
Awareness
Strategy
- Optimize
bids for better ACoS.
- Optimize
keyword for better impression
Keyword is the lifeline of any
advertisement. Initially, it is evident that you may use ‘n’ number of
keywords. However, it is important to review your advertisement to filter out
the keywords that are either only resulting in clicks but sales or not
generating any impression. Besides, here are some other steps to look after:
- Add
negative keywords.
- Pause
keywords that have high ACoS.
- Add
new relevant keywords.
- Build an Efficient Budget
Budget is an important factor that needs to be
calculated during ads. It is recommended to set a daily budget and watch out if
it’s getting utilized or not. If campaigns are getting out of budget, have a
look if it’s performing well or not. If it is performing well in terms of
chosen target i.e. impression or sale, increase the budget otherwise you need
to work on it.
Bonus Point:
On sale days, keep your daily budget on higher side for your best-performing
campaigns.