In this video I discuss how to run basic bid optimization in an Amazon Advertising account in 15 minutes!
Focuses –
🔶Primary Metrics vs Secondary Metrics
🔶 Influence of placements, impressions, CPC and CTR
🔶CPC and Bid Correlations
🔶Quick bid management formula for optimizations
This video is a LITE video for bid optimization.
My goals is to help explain the relationship between bid optimization and ACoS.
At scale, we run similar formulas with more in-depth data analysis, BUT this formula helped me when I was just getting starting.
When you have a keywords with data –
Sales * Target ACoS = X
X / Clicks = Bid