While Sponsored Brands Product Targeting (product targeting vs. keyword targeting) may still be in beta, the E Team and I conducted a case study of this feature in order to provide you with on-going intel/ insights on the mechanics of how things work.
Test parameters included:
✔️ Case study ran for four weeks (10/28 – 11/25, 2019)
✔️ Created a new Sponsored Brands campaign
✔️ Used Amazon's suggested bid prices for all of the bids in the different categories chosen (account #1 = $20 per day / account #2 = $30 per day)
Here's how we configured our campaign...
Test Results:
* Key Takeaway: The percentage of new-to-brand orders (97%), equates to 38 out of 39 orders were new-to-brand orders.
Key Takeaway: The percentage of new-to-brand orders (100%), indicates a great way to acquire new customers.
The E team and I believe that these results can possibly be improved by applying refinements to the category targeting section (such as refinement by price point, number of reviews, or Prime eligibility).
We’re going to test out these various refinements to our Sponsored Brands Product Targeting strategy and then circle back to you in about six weeks or so, to reveal what impact those changes had on our overall results.
Mike