Marta: What does
an indie author need to know about paid search?
Dr. T: Regarding
paid search, there's two kinds: something like Google AdWords or Amazon
Marketing Services (AMS), and there's social media paid search. When you're doing
paid search through Google AdWords or AMS, if somebody is doing a search for a
particular combination of keywords, then you're setting it up so you're willing
to pay so much for your ad to appear in those results. It's based on keywords.
What you know is that when somebody's done that search, if you've done a good
job of finding those keywords, then they're going to see your product, in this
case, your book. But what you don't know is what they're looking to do with
that information. Do they want to buy? Or just learn more? But, with paid
search, you're placing yourself among high ranking keyword results, when you wouldn't
normally rank there. Paid search is the way to get into those spaces.
In social media, and to an extent, with the AMS Product
Display option, you're more targeting affinities and locations. Like, put this
ad in front of 18-24-year-old females who like Jim Butcher or Science Fiction.
You've sort of defined a persona, and understanding that persona is important. We
talked about that earlier. (See the first installment of this blog series for
more information on how to construct a persona.) But, basically it means you've
pulled data and you're using it with the marketing or targeting tools for
social media. It can be a very cost effective way of reaching an audience.
Marta: So what
about paying per click (CPC) or per thousand impressions (CPM) like BookBub
offers? Any sense of which way is a better approach?
Dr. T: Per click
or per thousand impressions? You might try a small investment in each. See what
the return on investment (ROI) is. You may find that one may give you a better
return on investment. Ask yourself: How much is it costing me to make a dollar?
May be that one way, for every $100 you spend you're making $5000, it may be
that for that same $100 the other way, you're getting $2000 worth of books, but
it's still making money. That really comes down to business sense. You have to
market to make money. It's good to take a systematic approach.
You can try A/B testing, sampling how different ads for your
book play to the same audience. You may find one sells better than the other.
A/B testing can be extremely valuable. And you can do A/B testing at a very
small scale and find out this is working, that's not. You can test to see how
that does.
Marta: What about
the information I can get about my readers or potential readers through any of
these ad platforms?
Dr. T: Right now,
data will get less fine-grained rather than more fine-grained, after what's
happened with Facebook. For example, your Kindle Unlimited page reads, it
sounds like you get to see the total number of pages, but not if folks are
reading part of the book, putting it down and not finishing it. And if more
folks are doing the same thing. It would be useful to know if everybody's
stopping at page 100, and I'm sure Amazon has that information, but, to protect
your readers' privacy, they're not going to share it with you. A lot of that's
because Facebook got so fine-grained, you could target one single individual, which
was creepy, so everybody has backed off quite a bit.
Marta: Thanks,
Kevin, for all your help and advice. Do you have any parting words for indie
authors regarding search engine optimization or digital marketing?
Dr. T: Marketing
needs to be a sustained effort. You can't do it for a month and stop. It needs
to be ongoing and consistent. Can't do six posts this week and disappear. If
you're trying to make money, I'll say it again, be consistent. It needs to be
systematic and you need to evaluate it as you go. Something that was working
yesterday may be destroying you tomorrow. Change is fast.
Marta: Dear readers, thanks for staying with us through
the series. Coming up soon I'll have some reviews, a first look at a Haunted
& Historic site that made it into the book, and yet another interview!