What key performance indicators (KPIs) do you focus on?
Asked by Amir N. on 6/6/2023
1 Answer
amazonppc p.6/6/2023
The key performance indicators (KPIs) we focus on heavily depend on the client's goals and objectives. However, there are several overarching metrics that remain critical to measuring campaign success. First and foremost is return on ad spend (ROAS), which calculates total revenue generated from ads divided by ad spend. It demonstrates the effectiveness of your campaigns in generating profit for our clients' businesses. Another critical KPI is click-through rate (CTR), which measures how many people clicked an ad compared to how many saw it—a high CTR indicates compelling copy or creative driving clicks to your products.Conversion rate - another KPI that helps determine whether or not an advertising campaign is working effectively - factors into this equation as well. A high conversion rate means paying customers have completed transactions after clicking on a link, while a low one suggests they've abandoned their carts before purchase completion. Other vital KPIs include cost per click (CPC), cost per acquisition (CPA), average order value (AOV), and customer lifetime value (CLTV). In conclusion, focusing intently on these various KPIs provides useful insights about your Amazon PPC advertising campaigns' efficiency and effectiveness levels helping you make data-driven decisions regarding future promotions and allocations of resources directed toward targeted audiences actively seeking out similar products to those offered by our clients.
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