Podcast
Questions and Answers
In the context of Amazon advertising, what is the primary advantage of using manual campaigns over automatic campaigns?
In the context of Amazon advertising, what is the primary advantage of using manual campaigns over automatic campaigns?
- Reduced need for ongoing management and setup.
- Greater precision and customizability in targeting. (correct)
- Automatic discovery of new keywords and product opportunities.
- Lower initial investment due to simplified campaign structure.
An advertiser has been using automatic campaigns and has identified several high-performing keywords. According to the text, what would be the next logical step?
An advertiser has been using automatic campaigns and has identified several high-performing keywords. According to the text, what would be the next logical step?
- Increase the budget for the automatic campaign to maximize reach.
- Continue using automatic campaigns to gather more broad data.
- Transition the high-performing keywords into manual campaigns for precision targeting. (correct)
- Use the insights to create new automatic campaigns focusing on related categories.
How does Amazon's second-price auction model primarily benefit advertisers?
How does Amazon's second-price auction model primarily benefit advertisers?
- By equally distributing ad placements among all participating advertisers.
- By allowing the winning advertiser to pay slightly more than the next highest bid. (correct)
- By ensuring the winning advertiser always pays the exact amount they bid.
- By giving the top ad placement to the advertiser with the lowest Quality Score.
Which scenario would BEST suit the use of 'Dynamic Bids - Down Only' as a bid strategy?
Which scenario would BEST suit the use of 'Dynamic Bids - Down Only' as a bid strategy?
If two advertisers bid the same amount for a keyword, which factor determines the winner of the ad auction?
If two advertisers bid the same amount for a keyword, which factor determines the winner of the ad auction?
A newly launched product is performing well organically, but has no advertising history. Which bidding strategy aligns best for initial testing?
A newly launched product is performing well organically, but has no advertising history. Which bidding strategy aligns best for initial testing?
Consider the following scenario: Advertiser A has a bid of 50 and a Quality Score of 8, resulting in an Ad Rank of 400. Advertiser B has a bid of 60 and a Quality Score of 5, resulting in an Ad Rank of 300. According to the example, who wins the auction and why?
Consider the following scenario: Advertiser A has a bid of 50 and a Quality Score of 8, resulting in an Ad Rank of 400. Advertiser B has a bid of 60 and a Quality Score of 5, resulting in an Ad Rank of 300. According to the example, who wins the auction and why?
What is the purpose of using negative keywords in a manual campaign?
What is the purpose of using negative keywords in a manual campaign?
A company sells 'sugar lipsticks'. Which keyword type is MOST likely to have the HIGHEST Cost Per Click (CPC)?
A company sells 'sugar lipsticks'. Which keyword type is MOST likely to have the HIGHEST Cost Per Click (CPC)?
Which match type gives the advertiser the MOST control over who sees their advertisement?
Which match type gives the advertiser the MOST control over who sees their advertisement?
Which of the following is an example of a 'search query' in the context of keyword advertising?
Which of the following is an example of a 'search query' in the context of keyword advertising?
What is the PRIMARY benefit of segmenting campaigns into multiple ad groups?
What is the PRIMARY benefit of segmenting campaigns into multiple ad groups?
Which of the following is NOT a recommended method for initial keyword research?
Which of the following is NOT a recommended method for initial keyword research?
In Amazon's advertising structure, which element defines the overall budget, targeting strategy, and bid strategy?
In Amazon's advertising structure, which element defines the overall budget, targeting strategy, and bid strategy?
Why would an advertiser choose to run separate campaigns for 'Branded Keywords' and 'Generic Keywords'?
Why would an advertiser choose to run separate campaigns for 'Branded Keywords' and 'Generic Keywords'?
What is the PRIMARY purpose of 'Placement Bid Adjustments'?
What is the PRIMARY purpose of 'Placement Bid Adjustments'?
What does ACOS stand for?
What does ACOS stand for?
If an advertisers sales for the product total $100 and their ACOS is 0.21, what was their advertising spending?
If an advertisers sales for the product total $100 and their ACOS is 0.21, what was their advertising spending?
In what circumstance would it be MOST beneficial to increase bids for keywords/products?
In what circumstance would it be MOST beneficial to increase bids for keywords/products?
Which of the following is NOT a characteristic of manual campaigns?
Which of the following is NOT a characteristic of manual campaigns?
Fill in the blank: Manual campaigns focus on high-performing keywords and product targets to _______ for conversions.
Fill in the blank: Manual campaigns focus on high-performing keywords and product targets to _______ for conversions.
Fill in the Blank: Automatic campaigns are your _______ phase, while manual campaigns are your _______ phase
Fill in the Blank: Automatic campaigns are your _______ phase, while manual campaigns are your _______ phase
What type of keywords collect broad data, involving keywords, search terms and categories?
What type of keywords collect broad data, involving keywords, search terms and categories?
What type of manual campaign keywords identify high-converting keywords or products?
What type of manual campaign keywords identify high-converting keywords or products?
Fill in the blank: The _______ type of keywords are NOT specific to any brand.
Fill in the blank: The _______ type of keywords are NOT specific to any brand.
Which type of keyword typically has a high CTR, lower CPC, and lower ACOS?
Which type of keyword typically has a high CTR, lower CPC, and lower ACOS?
A word that triggers your ad when a customer searches for it is known as what?
A word that triggers your ad when a customer searches for it is known as what?
Fill in the blank: The _______ Match appears for variations of the keyword, synonyms, and related terms, in any order.
Fill in the blank: The _______ Match appears for variations of the keyword, synonyms, and related terms, in any order.
The phrase conditions for what Match Type MUST be the exact phrase, in the same order, with additional words before/after?
The phrase conditions for what Match Type MUST be the exact phrase, in the same order, with additional words before/after?
Fill in the blank: The ad that will be ranked the highest will be calculated via the product of the _____ and _____.
Fill in the blank: The ad that will be ranked the highest will be calculated via the product of the _____ and _____.
What is the suggested number of keywords to begin with per ad group?
What is the suggested number of keywords to begin with per ad group?
What does the acronym 'TOS' stand for in the context of the product placements?
What does the acronym 'TOS' stand for in the context of the product placements?
What is Amazon looking for when calculating Quality Score?
What is Amazon looking for when calculating Quality Score?
What does is mean to 'Adjust bids seasonally'?
What does is mean to 'Adjust bids seasonally'?
What do ads on the 'Product Pages' placement target?
What do ads on the 'Product Pages' placement target?
Why would someone use lower bids for Rest of Search?
Why would someone use lower bids for Rest of Search?
According to campaign structure, which comes first?
According to campaign structure, which comes first?
What is the purpose of adding multiple related keywords?
What is the purpose of adding multiple related keywords?
Flashcards
Manual Campaigns
Manual Campaigns
Advanced campaigns giving advertisers full control over targeting keywords and products.
Keyword Targeting
Keyword Targeting
Ads triggered by specific terms that an advertiser chooses.
Product Targeting
Product Targeting
Ads appearing on specific product detail pages or related categories.
Automatic Campaigns
Automatic Campaigns
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Manual Campaigns
Manual Campaigns
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Automatic Campaigns
Automatic Campaigns
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Manual Campaigns
Manual Campaigns
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Discover (Auto Campaigns)
Discover (Auto Campaigns)
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Refine (Auto Campaigns)
Refine (Auto Campaigns)
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Optimize (Auto Campaigns)
Optimize (Auto Campaigns)
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Keyword
Keyword
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Generic Keyword
Generic Keyword
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Branded Keyword
Branded Keyword
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Competitor Keyword
Competitor Keyword
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Broad Match
Broad Match
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Phrase Match
Phrase Match
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Exact Match
Exact Match
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Second Price Auction
Second Price Auction
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Bid
Bid
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Quality Score
Quality Score
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Ad Rank
Ad Rank
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Search Term Report
Search Term Report
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Third-Party Tools
Third-Party Tools
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Competitor Analysis
Competitor Analysis
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Campaign
Campaign
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Ad Group
Ad Group
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Ad
Ad
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Better Data Analysis
Better Data Analysis
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Separate Budgets
Separate Budgets
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Specific Bid Strategies
Specific Bid Strategies
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Prioritize Placements
Prioritize Placements
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Clearer Performance Insights
Clearer Performance Insights
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Dynamic Bids
Dynamic Bids
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Dynamic Bids - Down Only
Dynamic Bids - Down Only
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Fixed Bids
Fixed Bids
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Amazon Suggested Bid
Amazon Suggested Bid
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Competitor Analysis
Competitor Analysis
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Historical Data
Historical Data
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Product Margin
Product Margin
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Top of Search
Top of Search
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Study Notes
Introduction to Manual Campaigns
- Manual campaigns give advertisers control over targeting, allowing them to select keywords and products.
- Manual campaigns need detailed setup and ongoing management.
- Compared to automated campaigns, manual campaigns offer better precision and customizability.
Targeting Options in Manual Campaigns
- Keyword Targeting: Ads trigger from specific keywords selected by the advertiser.
- Product Targeting: Ads show on product detail pages or related categories chosen by the advertiser.
Who Should Use Manual Campaigns?
- Best for advertisers refining targeting and focusing on high-performing keywords/products.
- Useful for brands seeking more ad placement control.
- Ideal for businesses applying insights gathered from automatic campaigns.
How Manual Campaigns Complement Automatic Campaigns
- Automatic campaigns help discover new keywords, categories, and product opportunities.
- Manual campaigns allow focus on chosen keywords/targets to optimize conversions.
- Automatic campaigns are a research phase, and manual campaigns are an execution phase.
Visualizing the Transition: Auto to Manual Campaigns
- Discover: Automatic campaigns collect broad data, like keywords, search terms, and categories.
- Refine: Helps identify high-converting keywords/products.
- Optimize: Transitions elements into manual campaigns for precise targeting
Keywords and Their Importance
- A keyword is a word/phrase triggering an ad when a customer searches for it.
Keyword vs. Search Query
- Keyword: The word/phrase chosen to target.
- Search Query: Actual phrase typed in the search bar by a customer.
- Example: Keyword is "Red lipstick" while the Search Query is "Best red lipstick for dry lips".
Types of Keywords
- Generic keywords have a broad term with high volume, are nonspecific to a brand, and have high impressions, lower CTR and higher CPC. An example is "Lipstick".
- Branded keywords are specific to a brand. "Sugar lipstick" has a high CTR, and lower CPC and ACOS.
- Competitor keywords are specific to competitor brands. "Maybelline lipstick" has a high CPC, lower CTR, and higher ACOS.
Match Types of Keywords
- Broad Match: Ads appear for variations of the keyword(s). Conditions are singular/plural, synonyms, related terms, or any order. Performance has high impressions, low CTR, and high CPC.
- Phrase Match: Ads appear for searches containing the exact keyword(s) phrase in the same order. Conditions includes additional words before or after with balanced impressions and a moderate CTR/CPC.
- Exact Match: Ads appear only for the exact keyword(s) and includes no additional words. Performance includes low impressions, high CTR, and lower CPC.
Second Price Auction and Ad Rank
- Amazon utilizes a second-price auction model. The winning advertiser pays slightly more than the next highest bid.
How Ad Rank Works
- Bid is the maximum amount an advertiser is willing to pay for a click.
- Quality Score determines the relevance/performance of the ad.
- Ad Rank = Bid x Quality Score
How Auctions Determine the Winner
- Ads are ranked based on Ad Rank.
- The highest-ranking ad wins top placement paying slightly more than the next highest bid.
- The ad with the higher Quality Score wins if two advertisers have the same bid.
- Example: Advertiser A bids ₹50 with a Quality Score of 8 (Ad Rank = 400), vs Advertiser B who bids ₹60 and a Quality Score of 5 (Ad Rank = 300). Advertiser A wins the auction and pays slightly more than the Ad Rank below.
How to Do Keyword Research for a Campaign
- Utilize Amazon’s Search Term Report to analyze terms from automatic campaigns.
- Use third-party tools for insights like Helium 10 or Jungle Scout.
- Perform Competitor Analysis, find keywords your competitors are ranking for.
- Implement Amazon Auto-Suggestions using search bar predictions for trending terms.
How Many Keywords are Enough
- Start with 20-30 keywords per ad group, expanding as performance data is collected.
Campaign Structure for Manual Targeting
- Provides a refined campaign structure for "Sugar Lipstick" including Ad Group Names (Pure Brand, Sugar Lipstick), ASINs (B07ABC123), Keywords(Sugar, Sugar Lipstick, Sugar matt lipstick, Matt lipstick sugar), and Negative Keywords (NA).
Campaign Hierarchy in Sponsored Product Campaigns
- Understanding the hierarchy of a campaign improves effective management and optimization.
- The Campaign level is the top level, defining the budget, targeting and bid strategies.
- Ad Group is a subgroup within the campaign, grouping keywords and targets allowing granular control.
- Ads are the actual product listings, inheriting settings from the ad group and campaign
Why Create a New Ad Group?
- Improves data analysis and isolate performance metrics like CTR, CPC, and ACOS.
- Improves alignment, ensuring better targeting for different themes or categories.
- Enables easier adjustments to bids/targeting settings at a granular level for easier management.
Why Create Multiple Campaigns?
- Each campaign has separate budgets that ensures controls over ad spend.
- Uses specific bid strategies, tailored based on objectives, (awareness vs. conversions).
- Helps prioritize placements with better control over placement bid adjustments like top of Search,
- Offers clear performance insights via segmentation to identify top performing categories/strategies.
Bid Strategies in Sponsored Product Campaigns
- Bid strategies control how Amazon adjusts bids using real-time conversion likelihood
Types of Bid Strategies
- Dynamic Bids - Up and Down: Amazon increases bids by up to 100% when conversion likelihood is high/decreases it when it’s low. It works on maximizing conversions and high priority campaigns (festive sales) but results in higher CTR and increased CPC.
- Dynamic Bids - Down Only lowers bids for low-conversion opportunities but does not increase bids. It works best on cost-conscious campaigns/testing new products with stable CPC and moderate conversions.
- Fixed Bids maintains bids without adjustment. Provides best results when spend is critical, for campaigns targeting branded keywords, and predictable results with controlled CPC.
Bids: Setting and Adjusting
- It's important to understand how to determine the right initial bids.
- Use Amazon's suggested bid as a baseline.
- Research the competitor's analysis to understand average CPCs to stay competitive.
- Historical data can use past campaign performance to inform bid levels.
- Make sure the product margin can set bids that align with a product’s profitability. For example: For a ₹500 lipstick, a ₹10-₹15 bid might be appropriate if the margin is high.
How to Change Bids? What Basis?
- Performance Metrics allows for increased bids for keywords/products with high CTR and low ACOS. It will also decrease bids for keywords with low CTR and high ACOS terms.
- Placement Adjustments allows an increase in bids at the Top of Search placement if the conversion rate is higher.
- Market Trends allows bids to be set for major sale events/seasonally to stay competitive.
Sponsored Product Campaign Placements
- Each placement features different descriptions and benefits
- Top of Search gets ads at top-of-search results for high visibility for intent-driven customers.
- Rest of Search places ads appear below TOS placements, and is cost-effective for broad reach.
- Product Pages is set to ads that appear on product detail pages to target users comparing similar products.
Placement Bid Adjustments
- Placement Bid allows you to adjust bids for each specific placement.
- It is strategic to increase bids at Top of Search on high-priority campaigns and to increase sales. Additionally, use lower bids for the Rest of Search to maintain efficiency.
Closing notes.
- Utilizing manual campaigns refines advertisers' targeting for more efficiency and allows optimization via precise keyword types, match types, and bid strategies.
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