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Amazon ad campaign?
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When I started indie publishing back in 2011 there was a thing called "tags" that you could apply to your book. I went through a lot of effort tagging my books so they would show up when people searched for tags. Then, all of a sudden, the whole tag function just disappeared.
Maybe this keyword thing is the next-best version of that, or maybe it's something completely different. The problem is trying to guess what word association people will attach to your kind of book or genre. That is something that changes pretty fast on the web. I could think that my story would sell well with the keywords "paranormal" or "ghost" when more people are actually looking for keywords like "middle school" or "imagination".
Then again, who is to say somebody looking for the same keywords I'm using is going to think they mean the same thing I think they do? Like how the word Paranormal used to mean non-fiction stories about ghosts, but now it's synonymous with vampire, werewolf, and angel romance.

At one point I was calling it 'Amazon's charity contributions' because I was definitely paying more than I was getting back. That is still true.
Against my better judgment, I now have an ad running, with targeted products, i.e. book pages I have chosen myself. In the last four weeks or so, I have received only 2 clicks but it has cost only 48c. I am going to keep it running because I have no other ads running anywhere else. No sales yet.
In the past, I have had about 10 sales via Amazon Ads but I've had to pay a lot more.
This is just my experience and I am experimenting still. From posts above, it seems Amazon have changed things.
EDIT: I've just taken a look at the Amazon Ad campaign and it has certainly changed, so I am now trying another book with the 'sponsored' and 'keyword' style. I'll see which type is the most successful.

I've had a similar experience. Ads do not pay, but they lift your book(s) off the mat for the ten-count and give them a fighting chance. Of course, it costs money. Self-publishers must take on the roles of publishers which worm their way to a niche in the marketplace. If luck holds, our ventures will eventually spit out black ink.

I have managed to stay in the black while running ads, though I run a narrow profit margin--but the goal is spreading brand awareness, like you alluded to.
I also threw some money at Pinterest advertising, but determined that is not worth it at all. The bidding is just too high on there to facilitate a $3 product. Maybe the Pinterest impressions are much more valuable than an Amazon ad, but I don't want to dive that deep into the red without being able to quantify the value.
Ironically, the day I really let the Pinterest ad run wild and free turned out to be the one day, in quite a while, that I had zero sales. I shut that ad down in a hurry.

I feel comfortable like that. I joined Pinterest but haven't used it at all.


They removed some of my best reviews for no reason at all. They were authentic. When I appealed, they just dismissed it.
Not enough money involved to sue. I'm a paralegal and know these sad truths.


You are so right. You've got to go out and see the people, see the people, see the people. It worked for me when I was a Realtor so I'm hoping it will work for me as an author.


Thanks,
Lori

Where do you find the info to advertise. I'm sure there are lots of people who could use the info besides me.
Lincoln wrote: "Basically you build an ad then pay per click. You set a lifetime budget (minimum of 100) but you only pay for what you get in clicks.
So for example let's say you run an ad on your book and you g..."
Thanks a lot, sir! This is so useful!
So for example let's say you run an ad on your book and you g..."
Thanks a lot, sir! This is so useful!
That's really interesting. My keyword campaign has garnered 176,000 impressions and 81 clicks in 1 week.
My targeted products campaign has 1,000 impressions and 1 click in a week -- though that may be because I targeted all of the bestsellers under suspense/thriller, and they probably have pretty high bids on them.
My worry is that the keywords campaign is new enough, that big companies just haven't discovered them yet, and that's why I'm getting lots of impressions with low bids.
The total I've spent on the Amazon marketing this week has been $7.50