Daily Archives: January 29, 2015

Jan 29 2015

Tracking Views at Amazon—Finally..?

Image from ShutterStock.

Image from ShutterStock.

TRACKING VIEWS AT AMAZON

Don’t you wish that you could see how many people are viewing your book’s product page at Amazon?

Then you’d be able to see how good your blurb and Look Inside are at closing the deal, or how well a promotion is working.

Well, now you can get tracking data at Amazon.

Amazon marketing services is now available for books enrolled in KDP Select.

For as little as a $100 budget and bids of 2 cents, you can advertise your book on Amazon.

Visit your Bookshelf and click the link under the KDP Select column called Promote and Advertise.

When I did created an advertisement this morning, I received an approval email that said:

  • “Please allow 1 day for clicks/impressions to appear…”
  • “…and 2-3 days for detail page views to appear.”

IMPRESSIONS AT AMAZON

This will show how many impressions are made all together. That’s the number of times that your ad is shown to potential customers.

You don’t pay for impressions that don’t result in clicks. You only pay when someone clicks on your ad.

But every impression helps with branding and discovery.

CLICKS TO YOUR BOOK

Divide your budget by your bid. That’s the minimum number of clicks that you’ll get if your entire budget is used up. (If it’s not used up and you’d like it to be next time, either increase the duration or try a higher bid.)

For example, a $100 budget and 2-cent bid will give you 5000 clicks if the entire budget is used up. (First convert 2 cents to $0.02. Then divide.)

But you’ll get even more impressions. You might get tens of thousands of impressions or more for your $100.

AMAZON CLICK-THROUGH RATE

Compare your clicks to impressions to compute your click-through rate. That is, what percentage of the time do people who see your ad click on it to view your product page?

click-through rate = ( clicks / impressions ) x 100%

The smaller your click-through rate, the less effective your cover is at attracting the audience who is seeing your ad. The problem is either that the cover doesn’t appeal to your audience, or you’re not targeting your ad to your specific audience effectively.

VIEWS AND CLOSING RATE

Amazon will evidently also show how many people are viewing your detail page. This is valuable info that many authors have requested in the past, but never had access to. Now there is a way to get this data.

Compare your sales to views to compute your closing rate. This shows how good your blurb and Look Inside are at sealing the deal once traffic arrives at your product page.

closing rate = ( sales / views ) x 100%

The smaller your closing rate, the less effective your blurb and Look Inside are at selling your book.

TARGETING CUSTOMERS

Amazon Marketing Services offers two ways to target traffic:

  • target by product
  • target by interest

When you choose interest, select the category that’s the best fit for your book. The choices are fairly broad, so unfortunately you’ll also catch some people in the category who aren’t in your subcategory, but the targeting does help to deliver your ad to a narrower audience.

When you choose product, you can find similar books (or relevant products) and target your ad to customers who view those products (or perhaps who have used those products in the past). You can choose multiple products.

BOOK DATA AT AMAZON

KDP Select authors can place an advertisement and, in addition to any benefits of the ad itself, receive valuable sales information regarding their books.

It may be helpful for planning your next book.

It might help establish whether something you’ve changed recently is helping or hurting.

It might help you see how well a promotion is doing.

It’s valuable data that we didn’t have before.

Once you run more than one ad at different times, you have some basis for comparison.

However, this tool may be more effective in the beginning, while it’s still new to customers and other authors.

AMAZON MARKETING SERVICES

Advertising isn’t a band-aid for a book that doesn’t sell on its own.

Advertising isn’t a substitute for learning how to market a book effectively.

Advertising is more helpful for authors who have multiple books out and already have some positive marketing experience.

Advertising is better when you supplement it with free marketing strategies.

Advertising is more effective when it’s targeted well.

Advertising is more effective when your cover is visually attractive to your specific target audience, and when it reveals the genre or subject very clearly.

Advertising may riskier when you have few reviews.

Advertising directly on Amazon.com is potentially much more effective than marketing on Facebook, Twitter, or Goodreads. Instead of asking people to stop whatever they’re doing with their social media and hop on over to Amazon, now you’re showing your ad to people who are already shopping at Amazon.

Advertising can help you brand a name.

Advertising does carry a risk. Weigh the benefits and risks carefully. The worst-case scenario is that you’re out $100 with little to show for it. Can you afford that risk? What are you doing to supplement the advertising to help minimize this risk?

Chris McMullen

Copyright © 2015

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more

Follow me at WordPress, find my author page on Facebook, or connect with me through Twitter.

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Jan 29 2015

Advertise Your Book on Amazon—New Opportunity

Background image from ShutterStock.

Background image from ShutterStock.

ADVERTISE ON AMAZON

There is a new opportunity available to advertise your book on Amazon.

https://kdp.amazon.com/help?topicId=A2DJUTY13KIH2C

How would you like to advertise your book directly on Amazon.com?

That would be cool, huh?

What if you could do this on a modest budget?

Even better!

Well, now you can:

  • minimum campaign budget is $100
  • minimum bid is 2 cents
  • pay per click

But there’s a catch:

It’s only open to KDP Select authors.

I think it’s a nice benefit for enrolling in KDP Select, on top of current benefits like Kindle Unlimited.

So if you bid 2 cents, a campaign budget of $100 can net you 5000 clicks.

Higher bids are more likely to result in advertisements being shown and result in clicks. But then you get fewer clicks for your money, also.

I like that the charge is per click. You’re not charged when people see your ad, but don’t click on it.

This helps with branding. However many clicks you get, even more people who didn’t click on your ad saw it, which helps you brand your image.

Another nice feature:

targeting

Amazon will let you target your advertisement to a specific genre, for example. This helps your ad reach a specific target audience.

Compared to advertising on Goodreads, Twitter, or Facebook, advertising on Amazon doesn’t drive traffic to leave one site and visit another. These customers are already on Amazon. That’s cool!

BOOK ADVERTISING

Advertising expenses often don’t produce immediate results for book sales. Unlike paper towels, there are millions of other books to choose from.

Some of the most effective book marketing you can do is free. If you make the most of your free marketing potential, advertising will supplement this.

The more books you have out, the more potential paid advertising has. Then someone who clicks on your ad might buy several of your books instead of just one.

But with a minimum bid of 2 cents and campaign budget of $100, advertising on Amazon isn’t too expensive of a risk. Nobody wants to throw $100 away though. (If you do, feel free to borrow my trash can.)

It’s even more important to have a compelling cover that conveys your genre clearly. This will help you get clicks with your ad.

And it’s even more important to have a great blurb and Look Inside. This will help you close the deal once you get the traffic.

And it’s even more important to have a great book, as good as you can make it. This will give you your best chances when it comes to reviews and recommendations.

Another thing that might be worth doing is waiting until you have several reviews before you advertise. You’d hate for one of your first reviews to be a real stinker shortly after paying for an advertisement.

Last tip: Consider putting your book on sale with a Countdown Deal. Then you have something more compelling than just a link to your book.

HOW TO DO IT

The book you wish to advertise must be enrolled in KDP Select.

Visit your KDP Bookshelf.

Click the Promote and Advertise link under the KDP Select column.

Click the Create an Ad Campaign button.

This will take you to Amazon Marketing Services, but it will say Return to Kindle Direct Publishing at the top of the page.

Select one of your books.

Target your ad by product or by interest.

  • By interest lets you choose one broad category. Unfortunately, it doesn’t appear to let you select a subcategory.
  • By product lets you target similar books or products on Amazon. Note that if your book already appears on the first page of the Customers Also Bought list, people viewing those books are already seeing your book. That doesn’t mean you shouldn’t include those books, especially if they’re highly relevant; the additional ad might make the difference. It’s just something to consider.

You can select multiple interests or products (but not both interests and products). I would select several similar products, but I would only select one interest.

The remaining steps should be straightforward.

If you try it, good luck. 🙂

Chris McMullen

Copyright © 2015

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more

Follow me at WordPress, find my author page on Facebook, or connect with me through Twitter.

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