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Introduction
The content of the article is going to instruct you more about the differences between applying a bid adjustment and creating a Keyword Boost campaign in Perpetua when is best to opt for one instead of the other, and some best practices to consider.
At a glance, both seem like very similar tools but have distinct differences that have an impact on when to use each one.
Definition
By understanding and utilizing Bid Adjustments and Keyword Boost features in Perpetua, advertisers can strategically enhance their campaign performance, driving more efficient and effective ad placements. These features provide a blend of human insight and AI precision, offering greater control and adaptability in the ever-evolving landscape of Amazon advertising.
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📒Bid Adjustment
📒Bid Adjustment
The ad engine is continuously working to determine the most optimal bids for your targets. However, its bidding algorithm has built-in constraints to prevent excessively high or low bids, thereby managing risk. This is where bid adjustments come into play.
Bid adjustments enable you to manually adjust bids for a target, either through fixed prices or dynamic multipliers (upward or downward) for a specified period, allowing you to exceed the engine's thresholds. The data from these adjustments is then integrated into the engine to enhance goal optimization in the future.
📗 Keyword Boost
📗 Keyword Boost
Designed to prioritize and highlight selected keywords in your Sponsored Product goals. These keywords are launched in a separate campaign with a dedicated target ACoS and daily budget, tailored to your prioritization objectives. Additionally, a Top of Search (TOS) multiplier can be applied, enabling the engine to allocate more ad spend towards the top positions on the Amazon search results page.
During the keyword boost, the keyword will be archived in its original campaign. The primary focus of this feature is to drive spend and attention to specific keywords, so the engine will not perform any keyword harvesting in these campaigns.
Functionalities
Aspect | Bid Adjustment | Keyword Boost |
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Reversibility |
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Structural Differences |
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Management |
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Bulk Actions |
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Benefits
Bid Adjustment | Keyword Boost |
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Increase SOV (Share-of-Voice) on TOS placements: |
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Improve Organic Rank: Enhance your Organic Rank on Amazon, which determines your position on the Search Results Page for a specific search term. |
Experiment with new Keywords: Due to the ability to control the duration of the adjustment, use either a fixed bid or a dynamic bid multiplier approach (Learn more here). |
Promote New Product Launches: Increase exposure when launching a new product. Identify the keywords, promote them alongside your new product and kick-start their momentum. |
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Best Practices & Strategies
Bid Adjustment | Keyword Boost |
Number of Keywords: Set it to a max of 3-10 keywords per goal at a time. |
Use "Exact" Match Type Keywords:
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Set a Date for your Experiments: |
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Determine Optimal Bid Adjustments: Ensure your bid adjustment is substantial enough to make a noticeable impact on performance but moderate enough to keep you comfortable and minimize risk in case of inefficiencies. |
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Keywords to be Considered:
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FAQs ❓
Click on the ▶️ to expand and view the answer:
What happens when I delete a Keyword Boost?
What happens when I delete a Keyword Boost?
The KWB campaign will be shown as paused on Amazon, and the keyword/s within the campaign will be reintegrated into the manual campaign they were originally in before being placed in the KWB.
Can I initiate a Keyword Boost for only one product within a goal?
Can I initiate a Keyword Boost for only one product within a goal?
No, you cannot launch a Keyword Boost for just one product within a goal unless your multi-campaign goal consists of only one ASIN. You should launch a Custom Goal as an alternative.
How do I measure the success of my Keyword Boost?
How do I measure the success of my Keyword Boost?
One of the reasons to launch a Keyword Boost is to improve your TOS placements. Review the metrics at the target level to help measure success on TOS domination.
Find out more here.
What happens to my bids when a bid adjustment expires?
What happens to my bids when a bid adjustment expires?
Our engine utilizes the data from these experiments to train algorithms specifically for your account, incorporating both positive and negative results. With continuous learning, the ad engine will use all the data collected during the experiments to enhance its machine-learning capabilities and better optimize your goals.
Why did Perpetua apply a lower bid compared to my historical ones?
Why did Perpetua apply a lower bid compared to my historical ones?
Perpetua gets access to target history, by harvesting targets that were well-performing during your 60 days before launching a goal on Perpetua, however, we do not have access to the bid’s history.
For instance, if you were bidding $2 on target “x” a couple of months ago before running your goal on Perpetua, the engine will not be able to get access to that data. That’s why we give a lot of importance to the initial Target ACoS of your goal.
What we recommend here, is to review the historical bid of that set of targets, and apply a bid adjustment. The bid adjustment to consider could be a fixed bid adjustment for the next 30 days that would match your historical. The engine will learn from this “experiment” by considering the performance of the target during the 30-day experiment.
Article last updated June 2024. If you find this information to be out of date, please contact hello@perpetua.io.