Firing The Man artwork

A Beginners Guide to PPC Strategy with Pat Lum of AsteroidX

Firing The Man · with Pat Lum · April 14, 2020 · 50 min

Summary

This episode provides a foundational understanding of Amazon PPC for new sellers. It demystifies key concepts like automatic vs. manual campaigns and ACoS, offering actionable strategies to launch and optimize ad spend for growth on Amazon. Listeners will learn how to leverage PPC to drive sales and increase product visibility effectively.

Key takeaways

Themes

amazon & marketplacespaid acquisitionanalytics & attribution

Topics covered

amazon ppcautomatic campaignsmanual campaignsacoskeyword research amazonamazon ad spend optimization

Episode description

Episode 015 On today’s episode we interview Amazon PPC expert Pat Lum. We get to find out what the heck is PPC. Who is Pat Lum and AsteroidX. How Pat ended up in the PPC space. Both Ken and I have been working with Pat for almost 2 years and he and his team have helped both of us experience triple digit growth! Be sure to stay tuned to find out what is TRULY working to drive sales/profit with Amazon PPC! If you want to take your Amazon PPC to the next level a...

Related episodes

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Start with an automatic campaign with a conservative bid (20-30 cents) and a daily budget of $10-$15 to gather initial data on keyword performance.
What does this episode say about paid acquisition?
Utilize automatic campaigns as a "testing ground" to identify high-performing keywords, then transition these to manual campaigns for more targeted optimization.
What does this episode say about analytics & attribution?
Understand ACoS (Advertising Cost of Sale) as a critical metric for evaluating ad profitability, calculated as ad spend divided by revenue from ads.
What does this episode say about amazon & marketplaces?
Scale successful campaigns by incrementally increasing bids on profitable keywords (those with ACoS significantly lower than your target) and raising daily budgets in proportion to search volume.
What does this episode say about amazon & marketplaces?
Aim for an ACoS around 30% for balanced profitability, but adjust based on your product's specific margins and growth goals.

Listen