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Will boosting your ad bids or spend on Amazon result in more sales of your self published books? Or will winning the ad bid game just waste your money? I discuss my cheap advertising strategy for authors who self publish on Amazon's Kindle Direct Publishing. I'll also share formulas for figuring your maximum ad bid to help avoid losing money. 0:00 Start 0:15 Author frustrations with Amazon ads for books 1:47 Amazon Marketing Services (AMDS) black box 4:25 Unrealistic author expectations for Amazon advertising 5:51 What are typical sales conversion rates for Amazon ads? 7:07 How to determine Amazon ad bids for books (with formulas) 12:45 Why you need to keep your Amazon ad bids low 14:47 Should you up your ad spend for book launch? 15:56 How do you know if your ads are effective? (Discussion of ACoS: Average Cost of Sale) 16:46 Sharing my ACoS results 19:13 One more ad metric to watch 20:41 Non-ad bid reasons your ads may not be working 23:48 Why Amazon ads for books don't work as well as they used to 24:53 Suggested resources 25:19 How to connect with Heidi Blog (with formulas): Amazon Marketing Services Advertising for Self-Published Books http://hub.me/am716 To listen to the audio podcast of The Heidi Thorne Show, visit https://heidithorne.podbean.com OR subscribe on Apple Podcasts, Spotify, Pandora, Google Podcasts, Stitcher, Amazon Music, or Amazon TuneIn Radio. This is Episode 215. Book (on Amazon): Self Publishing to Make Money: What You Need to Know https://www.amazon.com/gp/product/B07... Udemy course: How to Sell Your Self Published Book on Amazon https://www.udemy.com/course/how-to-s... #selfpublishing #authortube #bookmarketing #amazonadvertising