Budget Suggestion:
• Monthly Budget: $1,500- each ASIN.
As we operate in a highly competitive niche, it's crucial for us to allocate a sufficient budget in order to gain more data and increase sales. To achieve this, we will prioritize pushing the top 4 ASINs with the highest sales. These listings have a higher likelihood of converting if we drive traffic towards them. By directing more traffic to these specific listings, we can maximize our chances of increasing overall sales.
• Daily Budget: $325
The advertising budget can be adjusted based on the effectiveness and profit growth of each campaign/portfolio.
• Bidding Strategy (Dynamic up and down, down only or Fixed bid)
Up and down bidding can be tested after the performing targets have been filtered.
Based on Client’s growth plan the budget can be increased to go more aggressive.
For future months PPC Budget recommendations will be based on the results.