Amazon ads can be a big opportunity for authors looking to up their sales especially during a time where it’s difficult to write the next book (like now, for instance). But if you don’t know how to use them intelligently, they can also be a big waste of money and time.
Yesterday, I shared part one of this post, about how to use AMS ads for fun and profit. Today, let’s start by looking at how I examine some of the numbers I get on my ads. If you click on the ad from your dashboard, you’ll see a number of different columns, including impressions, clicks, cost per click, etc. If you single click any of them, they will show you their performance in that category, from bottom to top. Click it again, and you’ll see the same information from top to bottom.
Overall, there are some numbers I use as benchmarks to decide if an ad is working. I like to see close to one click-through per 1000 impressions. Too much lower than that and Amazon will stop serving your ad, no matter how high you bid, because readers are not responding to it, and relevance is a big part of the algorithm that decides how and where your book appears. Then, I really want to see one sale per every 7-8 clicks. If my average cost per click is $.20, and it takes me 12 clicks to get a sale, then I’m losing money on every $2.99 book I sell. Continue reading “Tips for Successful Amazon Marketing Services Ads”
How time flies. I wrote a post on Amazon Marketing Services in January, 2015. Like many of us, I made a number of attempts at making AMS ads work for me at that time. None of them did and eventually I relegated them to the back burner, intending to revisit them someday.
That “someday” happened about four months ago, when I started hearing of authors who were using the ads effectively. That encouraged me to jump back in and start experimenting with them again. It took quite a few false starts, but by January, I was running a number of ads that were profitable. Now, I am focusing more and more of my time and ad dollars in this arena.