Boost Amazon Results with Smarter Product Targeting Strategies
Product Targeting, when done right, is one of the best opportunities within the Amazon Sponsored Ads ecosystem. It follows keyword targeting and can sometimes outperform generic or competitor keywords.
In more than 90% of the accounts we see, over 60% of the ad spend is allocated to keyword targeting, with the remaining portion split between Product Targeting, Category Targeting, and Audience Targeting.
Search placement CPCs are by far the highest on Amazon. If you're looking to avoid these costs but still reach users who searched for your category keywords and clicked on a competitor’s product, Product Targeting on competitor product pages offers a great alternative.
Reasons to Use ASIN Exact & Expanded Targeting Across SP, SB & SD (in SD, this is under contextual targeting)
Lower CPC than search CPC
Highly relevant targeting, similar to search
Protection for your product page from competitors
Micro-targeting based on lower price, reviews, and competitor ratings
ASIN expanded targeting allows for harvesting more relevant competitor ASINs
Amazon users are natural window shoppers who like to explore
Free visibility - you only pay if someone clicks
How to Find ASINs to Target
Use the Top Search Term report to find the highest-clicked and converted ASINs
Target top-ranking bestsellers
Target ASINs that are advertising on your keywords
Winning Strategies for Product Targeting
Identify lower-priced ASINs and add them to separate campaigns
Avoid using ASIN Exact & Expanded in the same campaign
Keep brand and competitor ASINs in separate campaigns
Group products in the same category within one ad group
Limit campaigns to one ad group
Actively negate non-performing ASINs
Harvest ASINs from the Search Term report
Monitor your brand and competitor ASINs split
Target ASINs with deals against non-deal ASINs
Final Thoughts
Don’t generalize your targeting. Instead, explore and test extensively, testing is key to success in advertising.
In Hector, we provide an instant view of Product Targeting performance. We show metrics like spend, revenue, ROAS, and more, broken down by targeting type, with an automatic split between brand and competitor ASINs.
Stay tuned here for more Amazon Ads, AMC & DSP strategies - - https://lnkd.in/d3SYuuyN
