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Achieving Target ROAS on Amazon: A Full Funnel Approach

Achieving Target ROAS on Amazon: A Full Funnel Approach

FromBetter Advertising with BTR Media


Achieving Target ROAS on Amazon: A Full Funnel Approach

FromBetter Advertising with BTR Media

ratings:
Length:
15 minutes
Released:
Feb 22, 2024
Format:
Podcast episode

Description

#036 - In this episode of "Better Advertising with Better Media," host, Justin Knuckles dives into the world of measuring Amazon advertising success, with an emphasis on optimizing for target ROAS. However, instead of a sole focus on ROAS, Justin talks about adopting a full-funnel advertising strategy as that breaks down your campaigns into five types: Awareness, Rank, Efficiency, Branded, and Auto.Join Justin as he explains how to allocate budgets into these five key campaign types, and the distinct KPIs relevant to each category. He wraps up the episode by providing strategic allocation percentages for each campaign type, guiding you on how to structure your advertising campaigns on Amazon and more for comprehensive growth.Key Takeaways:A diversified approach to campaign strategy is critical for achieving target ROAS, mirroring successful investment portfolio management.Advertising campaigns should be split into five key types: Awareness, Rank, Efficiency, Branded, and Auto, each serving unique objectives within the advertising funnel.Specific KPIs tailored to different campaign types, such as impression share for Awareness or conversion rate for Rank and Branded campaigns, provide a clearer measure of success as opposed to ROAS alone.Budget allocation across these five campaign types should be strategic and proportional to their relevance and impact on overall performance.Continual optimization, through keyword harvesting in Auto campaigns and proper negation, is essential for maintaining and enhancing the efficiency of advertising investments.Connect with Justin on LinkedIn Learn more about BTR Media and our strategiesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 22, 2024
Format:
Podcast episode

Titles in the series (46)

Better Advertising with BetterAMS is a podcast for Amazon sellers & the ecommerce community to share strategies to optimize & scale online brands with Amazon PPC and Amazon DSP. Your hosts, Justin Nuckols & Destaney Wishon, talk with other advertisers, online sellers, & brands dominating their categories on Amazon. On the show, we chat topics from organically ranking products with PPC, to using Sponsored Display for more than just remarketing, to maximizing ROAS on Prime Day. We bring you along in our conversations to give sellers new strategies to test out for a variety of business goals, updates on Amazon Advertising features & betas, as well as case studies of creative and innovative tactics. Get firsthand advertising advice from experts & learn how to reach your online business goals through Amazon PPC on Better Advertising with BetterAMS.