On Authority and Authenticity

First, a quick note. AMS Ads for Authors is now Easy AMS Ads. With the ebook I just changed it over, but for the paperback I had to publish a new version, so don’t go getting confused and buying it twice.

It seemed the best thing to do since the Dawson course seems to have been rebranded as Ads for Authors, including a module on AMS Ads for Authors. Not to mention that someone much wiser than me recently pointed out that I was burying the lede with the prior title.

So, rebranded. Done.

And it’s the AMS book and video course that have had me thinking a lot lately about this issue of being an authority on a subject and how you also maintain authenticity at the same time.

For me, the Excel books and courses are easy that way. I know Excel. Every single professional job I’ve had since college when people wanted to do something in Excel I was that person they asked about how to do it. Or when something went wrong I was the one to fix it. So I have no hesitation claiming authority when it comes to day-to-day use of Excel. I know it.

AMS is a different beast. I’m comfortable with explaining the mechanics of how you start an ad and what the differences are between SP and PD ads. That’s easy to do. I’m even comfortable explaining how I use the ads. And I absolutely have told new writers who aren’t seeing a lot of sales that the ads are worth running and believe that 100%.

I feel confident and would stand behind everything I’ve said in Easy AMS Ads.

Where I get a little hesitant is in putting myself out there as some sort of ultimate authority on the ads. Given the fact that this is Amazon we’re dealing with it seems supremely arrogant for me to claim I’ve cracked the code to AMS and that everyone should listen to me and do things the way I do them and only that way.

And it’s not realistic to think that things will stay static that way. Even if I believed that I had cracked their code today, there is no certainty that I could still say that tomorrow. As I mention in the video course, this is a blind auction system with millions of participants and unknown relevancy factors at play that are subject to change at Amazon’s whim. And that’s before you try to account for changing consumer behaviors.

So it’s tricky. I recommend the ads today, but will I feel that way tomorrow?

A few folks have recently urged me to be more aggressive with pushing the AMS book and video course. And I can see the argument for it. I wrote the book out of a place of frustration with things people were saying about AMS and I still have that sense of frustration when I see people talk about AMS as if they’re the most complicated, insane, involved ads out there.

They don’t have to be. You just have to remember the serenity prayer and accept that you can’t control it all or know it all but if you’re making money at running them then yay. And so I can see the value in pushing the book and course more than I do to reach those people who could benefit from the ads if they’d just see past the angst and drama.

But building too much of a reputation on AMS ads seems like a shaky foundation to me. I want to be able to call it one day and say, “Nope. Done. Not working anymore.” And I want to be able to do that without hesitating because I’m earning good money off of selling people on using the ads.

For me it’s an issue of authenticity. I don’t want to ever feel like I’m lying to people to make money. It’s damned easy to do, but it’s not who I want to be. So the book and the course are out there and I stand behind them and may even do a few things to push them more than I have, but don’t expect me to build my empire on AMS ads.

I don’t think I’m suited to it.

Conspiracy Theories

The indie self-publishing world needs to take some deep breaths. The blows have been coming fast and hard lately. Kindle Worlds is gone, people lost half their KU page reads for April, RT convention is gone, there was that whole trademark thing…

Everyone wants to understand. They want an explanation. They want it to make sense. And it doesn’t. At least not given what we know.

So then the conspiracy theories start…

Like the one that says that running AMS is why people lost page reads.

Or the one that says that somehow Amazon used Pronoun as some sort of data gathering effort and then turned on Pronoun and merged with Draft2Digital? (By the way, person who said that, that word does not mean what you think it does. A merger is a very different thing from a distribution agreement. VERY. Also, Amazon doesn’t need Pronoun’s data. I think you got that backwards.)

So let’s all take a deep, deep breath. In…..Out…..

Here’s the deal:

Self-publishing is chaotic. It’s one of the only areas in my life where I’ve ever felt the need for the serenity prayer. You know the one that basically says grant me the strength to do what I can and ignore the rest?

If you’re going to stick with self-publishing long-term, you need that. Put it on your wall. And every time one of these situations arises ask yourself: “Is this something I can do anything about?” and “Is this something I should do something about?”

If it’s yes, then act. If it’s no, then move on. Usually the answer to one or both of those questions will be no.

Also, if someone makes some sort of insane claim about what’s going on, step back. Think Occam’s Razor. The simplest solution is usually the correct one.

It’s not some vast conspiracy. There is not some masterplan bent on your personal destruction. Usually what’s happening is the outcome of a lot of people or companies making decisions that are best for them without thinking about the impact on anyone else. It’s that simple.

Yes, there are cutthroat assholes out there. At the individual level and the corporate level. For them it’s rarely personal. They make decisions based on what will earn them the most money. So once you know that about them, act accordingly. Don’t feel betrayed that they acted within their nature. They are what they are.

One more point.

I was about to respond to the umpteenth post I’d seen recently about how everyone who had page reads stripped last month seems to have been running AMS. (Not necessarily true. Just like it wasn’t true that they were all running Bookbubs last year when page reads precipitously dropped for some people.)

I was going to make a comment about how it’s easy to look at a small number of people who had X happen to them, see that they all had Y in common, and conclude that Y was the cause, while failing to see that there are a hundred times as many people who also had Y but where nothing happened to them.

But then I asked myself whether I should be spending my time on the internet trying to convince strangers to calm down and stop seeing conspiracies around every corner.

No, I should not. I should be writing. I have a book I need to finish editing. So I can publish it. And advertise it. With AMS.

AMS and Writing

I had an interesting conversation over the weekend about AMS Ads for Authors and writing in general. And one of the points we discussed in that conversation is something I specifically call out in the AMS video course (now renamed Easy AMS Ads), but maybe not as strongly in the book, so I thought it was worth addressing here.

Which is that: as a self-published author looking to make money off of your writing (lots of assumptions in that sentence, but that’s who I’m talking to here), you need to keep producing new material.

Yes, you should market what you’ve already done. (And I am arguably not as good at that as I should be which is why I thank my lucky stars for AMS because I can run them full-time and with maybe fifteen minutes a day spent on them.)

But more importantly, you need to feed your readers. You need to give them new material. Otherwise you’re spending all this money to acquire customers (readers) and then you’re losing them because you have nothing more to offer them.

The most effective use of advertising is when you can bring people in the door and then keep them there and buying more from you. (See Amanda M. Lee for a good example.) Now, not everyone can write that fast, but if you’re spending all your time advertising what you’ve already written to the detriment of producing new material that is not a successful long-term strategy.

And what’s even more important about this is that AMS are an Amazon ad product. Meaning they favor new and shiny and already successful.

Now don’t get me wrong. I’m running ads on books I published in 2013, 2014, 2015. But my most successful ad the last six months was on a book published September 2017. My second most successful, same thing. There’s a reason for that. Amazon is the reason.

So writing one or two books and then running AMS on them to the expense of everything else will perhaps do really well for you the first six months or year or maybe even two years you run the ads. But after that you need something new. You need new material to throw at the ads.

(And you need new material for your fans, too. Don’t forget them.)

Never ever lose sight of the fact that new material is what will keep the lights on. The JK Rowlings of the world who have a series selling well a decade after release without new material are the rarities. (And even she has had new stuff come out related to the original HP books. The movies. A play. A book of the play. The website that tells you your house and your patronus.)

Always be sure that whatever strategy you take to promoting your books doesn’t keep you from producing new material.

Speaking of. I have a book that’s waiting on final edits.

A Quick & Dirty Guide to AMS for Authors

A wise person suggested that maybe I should put together a quick FAQ on AMS to direct people to.

Now, remember, I wrote a whole book about AMS ads (AMS Ads for Authors by M.L. Humphrey) the last time I decided to do something like this, so brevity on this subject is not my strong suit.

But here goes.

What Are AMS?

AMS is shorthand for Amazon Marketing Services. AMS ads are a type of pay-per-click advertisement that authors can use that allow them to advertise their books in Amazon search results, on Amazon product pages, and on Kindles.

There are multiple types of AMS accounts that have different dashboards and advertising options, but most authors just open the type of AMS account they can access using their KDP account.

If you do this, there will be two types of advertising available to you: Product Display and Sponsored Product ads.

What is the Difference Between Product Display and Sponsored Product Ads?

There are a number of differences between the two ad types. They display in different locations, contain different information, and behave differently. Also, how you target the ads differs.

For the purpose of this quick and dirty overview, be sure when you’re talking to someone else about AMS that you understand what type of ad they use. Otherwise you may get “bad” advice.

How Long Does It Take For An Ad to Be Approved?

It should be approved in less than a day.

My Ad Was Rejected. Why?

Usually it’s a cover that Amazon thinks is too sexy or violent or you tried to use ad copy Amazon doesn’t like.

There’s a guide to their ad policies that it’s worth reviewing if you run into this or if you write books with sexy people or guns on the cover. And don’t use ALL CAPS in your ad. Or ellipsis. Or a double dash.

When Should I Expect My AMS Ad to Start Running?

For SP ads, immediately. You should see impressions and clicks the day the ad is approved. For PD ads…Maybe never.

I’m Seeing Sales or Page Reads, But the Dashboard Shows No Sales

That’s because there is usually a two to three day delay in the reporting of sales on the AMS dashboard. So you’ll see clicks and impressions but the sales that were generated from that won’t show for a couple days. This is why you shouldn’t use the dashboard to monitor your ads.

Also, the AMS dashboard shows nothing related to KU borrows.

If I Don’t Use the Dashboard, How Do I Monitor My Ads?

For new ads I only use the AMS dashboard to see what I’ve spent. That I believe is pretty accurate. I then compare that to the KDP dashboard and CreateSpace dashboard to determine if I’m seeing increased sales on that book. For a book in KU I will also watch the book’s rank to see if there are increased borrows.

If I’m seeing a lot of spend but not a lot of increased sales/borrows, I will shut that ad down. New ads can sometimes generate a lot of clicks but lead to no sales/borrows.

For my long-running ads…

On a daily basis, I only pay attention to those ads where I’ve maxed out my budget. So if I have a $5 budget and Amazon tells me I’ve spent it, I go look at the Amazon dashboard and CreateSpace to see if I’ve earned more than $5 on sales of that book that day. If so, I up my bid. If not, that ad is done for the day. (If you’re in KU, you should also look at your book’s rank to see if it reflects enough borrows to justify keeping the ad going.)

In addition, I look at profitability across all of my ads every time Amazon bills me. I spend enough on AMS that they bill me every ten days or so. At that point I go and compare what I spent for the period to what I earned on ebook sales, print sales, and page reads for the period. (There are some minor flaws in that approach, but it’s good enough for me.) If I’m profitable, I keep the ad running. If I’m not, I either adjust bids or shutdown the ad.

(You will be billed at least once a month for your AMS ads no matter what you spend, so you can do this at least once per month.)

You Mentioned Print Sales. How Does That Work?

AMS is very good for driving print sales in addition to ebook sales. You have to have an ebook version available to run this type of AMS ad, but they seem to do very well with print sales as well. As a matter of fact, I have a couple non-fiction titles where I get about 60% print sales to 40% ebook with AMS.

Keywords. How Many? Where Do I Find Them? What Makes One Good?

Different approaches work well with AMS. I am of the limited number of keywords, high bid, sponsored product ad school of thought. Others do well with as many keywords as they can find and low bids. So it’s really up to you.

And there are many, many places to find them. (I cover ten in my book.) Think like a reader. When you go to Amazon and look for a book, how do you search for it? I’ve found that with fiction I do best with generic genre terms and author names. With non-fiction I do best with topic-related search terms and book titles.

There is some debate about what makes a keyword a good one. For me, it’s about sales. So lots of impressions with low clicks? Bad. Lots of clicks with low sales? Bad. I want impressions that lead to clicks that lead to sales. I don’t care about visibility if it isn’t also resulting in paying customers.

(And be careful if you’re in KU because AMS ads can lead to borrows that won’t show on the dashboard, so you can see clicks but low sales on a good keyword.)

Bidding. What Should I Bid?

That’s up to you. Some choose a low-bid strategy. Some choose a high-bid strategy. I tend to be on the high bid side of things but I’ve seen people do well with the low bid side. When I say low bid I’m probably talking under 15 cents. When I say high bid I’m probably talking over 45 cents. (But those are moving targets. AMS is a bid system where you are bidding against others for that ad slot. Some genres, like romance, are more competitive than others.)

I Bid Really High. Why Didn’t It Work?

Because AMS is not a pure bid-based system. There is a relevance factor involved in how AMS evaluates your bid against others’. None of us know exactly how it works, but it’s in your best interests to have as successful an ad as you can manage if you want to win your auctions. That means you want people buying your book if you want to continue winning your auctions.

Start a New Ad or Revive An Old One?

Once more, there are different opinions on this. New ads tend to run hot so will rack up more impressions faster. If they’re working that’s great, but they can be a quick way to lose a lot of money. I prefer to keep an older successful ad running because I think that’s part of what Amazon looks at when it judges two bids against one another. But you can’t do that without maintaining that ad. (At least on the SP side of things.)

To maintain an ad, I kill off non-performing keywords, change bids, change budgets, and sometimes will pause an ad for a bit and then start it up again.

AMS Are a Nightmare. It’s All So Confusing. Why Use Them? Aren’t They Just Scamming Us Out of More Money?

I love AMS because they give me direct access to the largest ebook and print book market in the world. And they give me the opportunity to advertise my books at full price on a daily basis.

They also work for me. I make a profit running them. I have one ad right now where I spend about $125 every ten days and I make about $400 in sales.

Are all of my ads that successful? No.

Is it frustrating sometimes to have an ad stop running and not know why? Yes.

Can one competitor entering the market and outbidding me change all that tomorrow? You betcha.

But before AMS existed, that book I just mentioned? It would’ve never sold as many copies as it has.

Since I started running AMS I have seen significant improvement in sales of all of my books. That doesn’t mean I’ve sold millions of copies. I don’t write to market. And some of what I write probably only has a potential audience of a hundred people. But AMS have been a lifesaver for me.

They are what they are. Yes, sales cost more if you run them than if you had organic sales. But…Most of us are not at the stage where we get organic sales. So the choice is: pay to advertise your books or don’t sell at all. I know which I prefer.

And, of course, I did write a book on this: Easy AMS Ads that’s only $4.99 in ebook or $10 in paperback.

It’s also now a video course, available here  and for a special introductory price until June 30th.

My First $5,000 AMS Ad!

First, for those who signed up for the video course of AMS Ads for Authors yesterday, thank you. Also, thank you to Liz for pointing out that the video was too quiet. I had listened to the videos with headphones on so hadn’t caught that and it wasn’t caught in the Udemy quality review either.

Fortunately, I have a videographer friend whose Friday nights are as exciting as mine who helped me figure out how to fix it. (Noise Leveling + Gain=12 for those who are curious.) I revamped all the videos and reuploaded them last night so they should all be good to go now. And apologies to anyone who was trying to listen during that two hour period while I was uploading the new versions, but hopefully you all have more exciting things to do on Friday nights/Saturday mornings than learn about AMS and didn’t even notice.

(But no judgement if you don’t. I’m right there with ya.)

ANYWAY. I wanted to share my cool little milestone. As of today, I have my first AMS ad that has $5,000 in reported total est. sales:

My first 5000 AMS ad

I love this ad. And this book. (It’s also responsible for my first $1000+ month on CreateSpace.) If only they were all like this…

A few things to say about the ad and how it confirms how I think AMS work:

-This was a new release that I started advertising in September. So it was a fresh book with a fresh history.

-The book had outside sales that helped it get started initially. So AMS ran better on this book due to that outside momentum.

-The ad has tried to die on me a few times. I’ve had to change the bids and keywords to keep it going.

-It was also a title that readers wanted and would go and actively try to find. (Most of the things I write, aren’t.) Which means that the click ratios on the ad are very good and so are the click to sale ratios.

-The ad only has 106 keywords so you can definitely get high sales off of limited keywords if they’re the right ones.

And one final point. This is a newer ad. I only started running it in September. So AMS are not dead. They may be more challenging, especially in fiction, than they used to be. But they can definitely still drive sales.

Also, something else I’ve been seeing on my dashboard that I’ve mentioned before, but is worth pointing out again: Product Display ads will continue to accumulate spend even after they’re paused. I set up a PD ad as part of the video course, paused it four or five days ago, and it keeps getting one or two clicks a day and spend to go with that. So be careful with those if you run them.

(And, because I’d be remiss if I didn’t say it…Don’t forget that there’s a promo code for the AMS video course available in my last post. And I’ll always make sure there’s some sort of discount on the course available from this website, so if someone reads this many months from now, look for the course listing tab to get a discount link.)

 

AMS Ads for Authors Is a Video Course

Whew. That took some effort. But the video course is now live on Udemy. A very exciting moment.  It is not perfect, but I think it’s good. And for those of you who were wanting something more visual than the book (which didn’t include screenshots), this does the trick.

And I have a special deal for you blog readers. The course is priced at $99.99 but if you follow this link you can purchase the course for just $9.99. That link will work for the first twenty-five folks who use it and is a pretty good deal if I do say so myself.

But some of you should check your emails or PMs before using that link. If I could link you to a review of the book, you have a different promo code to use. And if you reviewed the book and didn’t hear from me, reach out please. I appreciate people who put themselves out there by leaving a review.

Onward and upward. Next one is going to be Excel for Self-Publishers. Good times!

 

 

I Did Not Know That (AMS)

So I’m hard at work on turning AMS Ads for Authors into a video course. Step one of that process was to read through the book and turn what’s there into PowerPoint slides I could use in the videos. Step two is to record video using those slides and AMS.

And today I learned something I hadn’t known. Now maybe this is old news to everyone else and maybe it’s in the Meeks book since he’s (from what I hear) highly focused on product display ads, but what I realized today is that you can extend a product display ad indefinitely.

I was in a product display ad that I’d started ten days and I was showing how you can change the end date of the ad. When I set up the ad I’d set it up for the maximum allowed six months. So when I went in to the date to change it I expected I could shorten the ad period but not extend it. I was wrong.

It turns out that if you have a PD ad running today and go into that ad that you can set the end date for six months from today. Which should mean that you could set up an ad for six months, go in right before it expires, and extend it for another six months from the date you edit it.

Maybe this is old news to all of you. I don’t use PD ads much. But I wanted to pass it on in case of any of you hadn’t realized that either.

(I do have a few minor nits for the book that I’ll make before I publish the video course and will let you know about here, but none were what I would call significant. This is, though.)

I Beg to Differ

One of the challenges of self-publishing is that it’s so broad and so different that it’s almost impossible to see the whole picture and the different possibilities. Which is why I really hate absolutist advice.

I’m probably guilty of it myself from time-to-time, but I try to caveat what I say with “this is my experience” or “this is how things work for me.” And because I have books published across non-fiction, romance, and fantasy I can see that things work differently depending on what you’re publishing, which maybe helps me keep things in check a bit more.

Perhaps.

Anyway. I was at a conference this weekend and there were a few times I wanted to raise my hand and say, “I beg to differ.” I didn’t. I probably made a funny face, though.

So since this my blog, let me have those imaginary arguments here.

Debatable Point #1: You won’t really sell paperback copies as an indie.

I beg to differ. Last month I made over $1,000 on the sale of paperback books. It was almost as much as I made on Amazon US for the month. Now, is that normal? No. Absolutely not. My romance paperback sales are still under twenty copies sold ever.

But for non-fiction (in my case) and middle grade and folks who really work the convention circuit but aren’t good at online sales and for picture books and gift books, it’s quite possible to sell a good amount of paperbacks.

I even want to say I saw a romance writer on Twitter who posted a screencap that showed $30,000+ in paperback sales. (I have no idea what she sells in ebooks to have that number, but I do know my jaw hit the ground.)

So what I would say is: You are more likely to sell ebooks than paperbacks as an indie. In general. But there are definitely categories where print will sell better. And the more you sell overall, the more paperback sales you will have and that amount can add up to a pretty penny. So don’t neglect print. And don’t assume print sales aren’t possible or profitable.

Debatable Point #2: AMS Are Too Complicated and You Shouldn’t Use Them Unless You’re an Analysis Junkie

Once more, I beg to differ. Yes, you can get very analytical with them. In Excel for Self-Publishers I get obscenely analytical with them. But you don’t have to. Most days all I do with my AMS ads is check in a couple times a day to see if any have exceeded their daily budget and up the budget if they have. (I like to start all ads at $5 in spend each morning.)

When I started my last AMS ad for a new title this is what I did: It was non-fiction so I did a search on Amazon for the subject matter and listed the names of the top fifty or so books that came back in my search results plus a bunch of generic search words like the one I’d used. And then I occasionally checked in on the ad. If it wasn’t moving, I upped my bids. If it was and I was getting sales, I upped the bids for those words that were profitable, and pulled back for those that weren’t. I paused keywords with lots of impressions but no clicks and lots of clicks but no purchases.

That’s it. There you go. That’s what you do.

For fiction I would’ve used author names instead of book titles. Otherwise, it’s the same process.

Can you get a lot more in depth with your analysis? Absolutely. And I have. But 90% of the time, what I just described is all it takes. I have 20+ ads running on a daily basis and I maybe spend five minutes on them daily.

(Keep in mind, my approach to AMS is to use a single Sponsored Product ad per title that I try to keep running long-term by tweaking the ad as needed. Other approaches may be more analysis intensive.)

Debatable Point #3: You Should Only Run AMS If You Have Ten or More Books or At Least a Trilogy Completed.

I beg to differ. Look, I get the point. The more books you have for readers to go to, the better off you are and the more profitable an ad will be. A weaker first book can still result in a profitable ad if you have ten books for readers to go to afterwards. And maybe there’s an idea behind this advice that you shouldn’t be wasting your time early on with ads but should instead be building up a product base.

Fair enough. But here’s the deal: Self-publishing can be soul-destroying. You put out a book that you think is well-written. It has a nice cover. People who read it like it. But no one is buying it. Maybe three people a month. You just worked hundreds of hours on something and you think it’s good, but…sales say otherwise.

Do you know how easy it is to give up at that point? To never write that trilogy? To circle back and try to fix your “mistakes” or decide that writing is just going to have to be a hobby for you?

It’s so, so easy. I know a guy who put out a book about four years ago and set it to free because no one seemed to want it. He quit writing because why bother? And then he started running AMS ads on it. And got reviews. And switched it back to paid. And made $25,000 in less than a year on that same novel that no one had bought. Because the issue wasn’t his writing. It was visibility. People can’t read what they can’t find.

So, sure. Best practice is to wait until the last possible moment to advertise because you’ll get that much more of a bang for your buck. But in reality, sometimes those initial sales are what keep you going. And AMS is the best way I know to get long-term full-price sales. So why not try them?

And this idea of needing ten-plus books before you dive into them? Why? Because of the learning curve? It’s not that hard. Trust me.

Yes, I run ads across more than ten books, but I know many authors doing well with the ads with far fewer titles. Does it take some tweaking? Yeah. Does it take some money up front? Yep. You pay now, you get paid two months from now. But why would you not give it a try? It just makes no sense to me.

Defensive AMS Ads

Most of the AMS ads I’ve run over the past eighteen months or so have been for one purpose: to make money. I’ve run those ads as long as what I was earning on the books exceeded what I was spending for the ads, regardless of what the AMS dashboard might actually reflect at any given moment.

(I take the ad spend for a period and compare it to ebook and paperback sales as well as page reads for the time period to see if I’m net positive or net negative. And, yes, that’s a flawed approach because the page reads might be for a book that was borrowed six months before that, but you do what you can do and let go of the rest.)

Anyway.

That’s been my standard approach.

But I noticed a while back that Amazon was doing something very annoying and unpleasant. And that was placing one or more Sponsored Product ads above the actual search results on the Amazon page. Here’s a search I just did for CreateSpace:

Amazon CS search

See how the entry that’s showing is a Sponsored Product ad? You have to scroll down to see actual search results based on the term CreateSpace.

Note that that’s my ad and quite intentionally so. I had actually turned off AMS ads on that particular book because I was spending just a little bit more to run that ad than I was receiving back in sales and it’s not a big seller to start with.

But last week I told someone about this book and when they tried to find it on Amazon, they couldn’t. They used the title “CreateSpace for Beginners” and they used the author name “M.L. Humphrey.” Neither search brought up that book. I tested it, too, and same thing. I could not find a combination of book title and author name that brought the book up in a search result.

That’s the ugly truth of Amazon. They don’t provide a word-for-word search result. If you have a low selling title and you try to search for it by title and/or author, it won’t come up. Sometimes they’ll display no search results at all rather than display the book in question.

Which means that if you tell a friend about your book that isn’t selling well and they go to Amazon to find it, it’s quite possible they won’t. (This is not an issue with Barnes & Noble, by the way. Search there and this book comes right up.)

This is where running defensive AMS ads comes into play. You run an ad not to make a profit, but to at least have minimal visibility. Now, I don’t know that it will work all the time, but it did at least work this time. I now have ads running on all of my non-fiction titles even if those ads only have a handful of active keywords. And for each of those ads I have my book title as one of those keywords so that, hopefully, even if Amazon refuses to display my book as a search result they’ll still display it as an ad.

Sad, I know, that I have to do something like that just to get my book to show in a search result. But that’s the way it goes sometimes. (As I type this I’m thinking that I really need to make a more significant effort to direct traffic to any site other than Amazon, because, seriously, what a shit thing to do on their part.)

The other reason to run defensive AMS ads is because of that top spot on search results being an ad. One of my titles is selling very well right now and if you search for relevant keywords it’s number one or two in the search results. But there’s an ad that appears first. So even though people might see my listing and click on it, I want to have that top spot, too, so they don’t see someone else’s book in that first spot and buy it instead. Makes selling that book more expensive, but that’s the way it goes.

So, bottom line: If you have lower-selling books on Amazon it may be worth running an AMS ad to at least make sure that anyone who comes looking for your book will find it. And if you have a well-selling book on Amazon it may be worth running an AMS ad to own that top search result.

(And if you’re wide it may be worth putting in some serious effort to drive sales to other platforms that won’t screw you over this way.)

AMS: A Tale of Three Ads

Here is a screenshot of statistics for three of my AMS ads:

December 2017 Top 3

One is a non-fiction title, one is fantasy, one is romance. If you look at the far right-hand column, you can see that the non-fiction title has an ACoS of just 33%, the romance title has an ACoS of 255%, and the fantasy novel is at 123%.

If you were just judging the ads by ACoS you’d probably think “shut down the fantasy and romance ads”, right? I mean, if you assume a 70% payout then anything above that is losing money.

But not so fast…

There are a few things at play here that make the non-fiction ad perhaps not as impressive as it looks and the romance ad actually profitable. (In fact, all three are profitable.)

First, with respect to the non-fiction ad, AMS ads report both paperback and ebook sales. And for this particular title, paperback sales are a large portion of the sales reported. As nice as it would be to get a 70% payout on print sales, that just doesn’t happen. Which means for a title that sells predominantly in print you can’t use 70% as a benchmark. (Same goes for an ebook priced below $2.99.)

Instead, for print, you need to look at the list price of the book compared to your payout and calculate a percentage from that.

Of course, most titles aren’t clean in terms of print versus ebook sales, so ideally you’d then calculate a weighted average that takes into account approximately how much of your sales are print versus how much are ebook. (I give some examples of just how different that ratio can be in CreateSpace for Beginners. For non-fiction, I see a decent amount of print sales. For romance, I see almost none.)

So the first thing to realize about those three ads above is that the non-fiction ad is potentially not the most profitable ad on that list even though it has the lowest ACoS.

Now let’s look at the romance. With an ACoS of 250%+ it looks horrible. It looks like I’m taking a bath on that ad and just handing Amazon my money.

But another thing you have to account for with AMS ads is that they don’t include KU page reads. This particular title had about 500K page reads when it was in KU. When I crunched the numbers I found that I had about 3.3 full reads from KU for every sale. (For those of you who picked up Excel for Self-Publishers, I walk through how to do that calculation in there.)

This title was also part of a series. So when I sold book 1 with an AMS ad, a certain percentage of the time that also lead to a sale of book 2. Between KU reads and sellthrough to book 2 that ad was profitable even though it doesn’t look it.

The third ad, the fantasy ad also benefited from KU reads and sellthrough. In that case, for most of the time I was running this ad the book was the first in a three-book series with each book priced at $6.99. Now, in terms of borrows to buys, it didn’t reach the level of the romance novel. I was closer to 50:50 borrows to buys. If I’d had an ACoS of 250% on this ad I would’ve been losing substantial money. But 125% was still profitable.

Which is all an argument for judging your ads based upon the performance of the individual titles not some arbitrary number that Amazon chooses to display on its AMS dashboard.

Something else that’s not addressed in the AMS ACoS is that I am positive the non-fiction title has had sales due to its increased visibility from my running AMS that are not reflected in those numbers. (AMS are the only ads I’ve run on it on Amazon.)

And, also, I’ve noticed with the fantasy series that readers will often buy all three books at once but AMS will only count the purchase of book 1.

I will add, too, that you don’t need a lot of keywords to have a productive ad, you just need good ones. That non-fiction ad only has 66 keywords and I’ve paused some of those.

So anyway. There you have it. A real-life comparison of three very different titles and how they were each successful with AMS even though they look like they had very different outcomes.