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Oct 10, 2024 12:00AM

Prime Day demands strategic budget management for success. Prioritize budget increases over bid increases to capture more traffic without inflating costs. Monitor budgets frequently, focus on top-performing campaigns, and adjust based on real-time sales data.

Elizabeth Greene | Link to post

Fall Prime Day is in full swing!

Some last-minute tips to maximize sales ๐Ÿ‘‡


While bids control how much you pay per click, your budget is the valve that controls how many of those clicks you get.

If you tighten that valve too much, you risk missing out on the surge in traffic.

Prime Day traffic will deplete your budgets quickly, so you need to be ready to adjust in real-time.


๐—ฃ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐—ถ๐˜‡๐—ฒ ๐—•๐˜‚๐—ฑ๐—ด๐—ฒ๐˜ ๐—œ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ๐˜€ ๐—ข๐˜ƒ๐—ฒ๐—ฟ ๐—•๐—ถ๐—ฑ ๐—œ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ๐˜€:
Today, with margins slimmer and competition tougher, itโ€™s crucial to protect profitability.
Prioritize increasing budgets insteadโ€”this allows you to capture more traffic without too much inflation to your costs-per-clicks.

๐—ž๐—ฒ๐—ฒ๐—ฝ ๐—ง๐—ผ๐—ฝ ๐—–๐—ฎ๐—บ๐—ฝ๐—ฎ๐—ถ๐—ด๐—ป๐˜€ ๐—™๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฑ:
Identify your highest-converting campaigns and ensure they stay funded throughout the day.
Since real-time data isnโ€™t available in the ad console, base your decisions on historical performance. What worked before Prime Day will likely work today.

๐—–๐—ต๐—ฒ๐—ฐ๐—ธ ๐—•๐˜‚๐—ฑ๐—ด๐—ฒ๐˜๐˜€ ๐—™๐—ฟ๐—ฒ๐—พ๐˜‚๐—ฒ๐—ป๐˜๐—น๐˜†:
Set reminders to check your budgets multiple times throughout the day.
Use the "Almost Out of Budget" filter in the campaign manager to stay proactiveโ€”it's your best friend today!

๐—ง๐—ถ๐—บ๐—ถ๐—ป๐—ด ๐—ถ๐˜€ ๐—˜๐˜ƒ๐—ฒ๐—ฟ๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด:
The start of Prime Day can feel like a frenzy, with budgets being depleted left and right.
Consider splitting your additional allocated Prime Day budget in halfโ€”use the first half in the morning and the second half later in the day.
This helps you capture traffic after competitorsโ€™ budgets have been exhausted, giving you an edge.

๐—”๐—ฑ๐—ท๐˜‚๐˜€๐˜ ๐—•๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—ฎ๐—น-๐—ง๐—ถ๐—บ๐—ฒ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€:
Performance data in the ad console is not real-time. This can feel like flying blind, but sales data is real time.
If sales are trending up, you can confidently allocate more budget.
If total sales are up, your account can support increased ad spend without hurting your TACoS ratio.

๐—•๐—ฒ ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐˜„๐—ถ๐˜๐—ต ๐—•๐—ถ๐—ฑ๐˜€:
If you increase bids across the board, you will lose moneyโ€”guaranteed.
Focus on your main keywords that arenโ€™t in broad match, auto campaigns, or category targeting.
These broader match types can lead to exponential traffic increases and blow through budgets quickly if bids are too high.


Need Prime Day helpโ€”right now? Leave a comment, and I'll be on it!

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