How Golden Keywords & The Pareto Principle Can Help Your Amazon Ads

Golden keywords are keywords used in an Amazon ad to get profitable sales, preferably highly profitable sales.

One example of a highly profitable keyword is a spend of $6.19 making $185.50 in sales, as shown below:

Example 2 1

At BookGoSocial we have created over 12,500 Amazon ads campaigns for authors over the past few years. What became clear from the data as we managed the ads was that small numbers of keywords, like in the above example, were producing most of the sales.

Our process of ad creation changed to focus our member's ad campaigns on Amazon onto the small number of keywords that were highly likely to get a high number of profitable sales for them.

We identified the keywords and the best methods of developing lists of these keywords for each book.

From the chart below you can see our Click Through Rate – the percentage of people who click after seeing an ad – rising this year as we developed our  Golden Keywords program with the tactics you will find in our Golden Keywords guide available on Amazon here.

CTR 1

The Pareto Principle, also known as the 80:20 rule, states that on average, 80% of profits are achieved from 20% of clients. This 20% are also known as the vital few, which gives another name to this rule—the law of the vital few.

The Pareto Rule has been widely used in business and marketing applications. One of the commonly seen applications of the Pareto Rule in marketing includes:

80 percent of buyers come from 20 percent of people who click my ad.

This is a common observation based on the Pareto Principle in marketing. It is often seen that majority of the sales come from a small number of clicks. The Pareto Rule suggests that the author should focus on attracting more of the same type as the 20%.

This rule applies to all businesses, and authors are generally small businesses, to help identify the customer persona (type) that is really interested in your books.

But more importantly, when 80% of your royalties come from a small number of keywords, not the hundreds that some suggest are needed, it is a good idea to test and retest a Golden Keyword campaign for your book or books because of the potential impact on your royalties.

From a long tail (list) of keywords, the clicks with no sales can impact the overall performance of the ad negatively, turning a potentially profitable campaign into a loss-maker.

This type of result happens regularly. So regularly we decided to identify the likely best performing keywords early, to avoid losses on long tail keywords.

The Pareto Principle applies for Amazon Ads and is the principle we use for creating Golden Keyword campaigns.

If you want our Amazon ads Done For You Service, where we do the ad setup and management work, please click this link.

Guest post: Should You Write to Market?

Matthew Doggett is a full-time freelance writer, marketer, and indie author. He writes for Kindlepreneur and is always on the lookout for great nonfiction books about the craft of writing. You can find out more at www.matthewdoggettauthor.com

There's been a lot of talk lately about writing to market. Some authors feel that doing so is sacrificing their artistic vision as an author. Others feel that writing to market is their best chance at success. Some authors confuse writing to market with chasing a trend. Whether you’re a fiction writer or a nonfiction author, read on to find out if you should write to market.wisdom gbb2fdf395 1920

 

What is Writing to Market?

If you’re not familiar with the term, writing to market means writing a book for an existing market — preferably one that you already know is hungry. Chris Fox is often credited with espousing the write-to-market mentality, and his success is perhaps one of the best pieces of evidence for such a tactic.

Writing to Market: Nonfiction

Most nonfiction authors write their books for a particular market. Some of these markets are tiny and niche, which is not a bad thing at all. In fact, if you can find an underserved niche and write a book that serves them, you can sell books.

In the nonfiction sphere, authors are usually writing books to answer specific questions or address the needs of their audience. These are the “How To” books that range from cooking to computer programming to finding peace through meditation. Though they can also cover nonfiction targets like biographies, philosophy, history and mythology, etc.

If you’re writing nonfiction, I think the answer to whether to write to market is a resounding “Yes!” If you don’t write to market in nonfiction, you are unlikely to sell many books. And making a living doing it becomes more difficult, even with the help of the nifty book marketing tools out there.

Writing to Market: Fiction

In the fiction space, things are a little different. There are cases of authors seemingly creating their own market (50 Shades of Gray and the Billionaire Romance Genre, anyone?) and being incredibly successful, but this is certainly not the rule. And for most indie authors trying to make a living off their book sales, finding this success is possible but not probable.

Instead, writing to market in fiction means doing some research on a certain genre, sub-genre, or sub-sub-genre, and determining if that market is underserved. If it is, it could be a good market to write for.man g1c60d36f8 1920

However, you may have noticed I’m missing a very important factor here: What if you don’t like that genre/market?

This is where people get tripped up. Some authors simply want to write what they want to write, never mind the genre or the market. If they never sell a book, so be it!

But the thing about being an author is that you are probably an avid reader, too. This means your influences are probably wide and eclectic, sure — but it also means that they’re likely based in existing markets.

The trick to writing to market is finding a hungry one that you’ll enjoy writing for! But more on that later. First, let’s talk about chasing trends.

 

The Difference Between Writing to Market and Chasing a Trend

To clarify, chasing the latest trend and writing to market are two different things. You may see that a book about Post-Apocalyptic Sci-Fi Kitten Werewolves recently hit number one on the Amazon charts. Everyone is talking about it. Should you write a book about these freaky felines? Probably not. That said, the Post-Apocalyptic Sci-Fi market is an actual market — and one to which you can absolutely write.

Now, that’s not to say that, if a great Kitten Werewolf story strikes you and you just need to write it, or you think you’ll really enjoy it, then go for it. Just don’t count on the trend still going strong when you get the book out there.

Trends come in waves. They spike, get incredibly popular, and then fade away. Markets are strong. There may be spikes within an overall market, but the baseline is still there, and there are readers constantly searching for books in that market.

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How do you tell a trend from a market? Research. Checking the Amazon top sellers in categories you’re interested in is a start. You can also pay attention to the New York Times Bestseller lists, Goodreads categories, or a simple Google search to see what comes up.

 

You Can Have Your Cake and Eat It, Too

Writing to market is all about having your cake and eating it, too. This means that you find a market that interests you and has a sea of readers hungry for more content. And when you consider that there are over 14,000 book categories and sub-categories on Amazon, you should have no problem finding one you’re comfortable in.

Tip: If you’re not sure what category a certain book fits into, use this handy book category finder to help you out. You can also use it to search in a particular market to see the lay of the land.

Conversely, if you have an idea for a story you’d like to write (or have already written) you can try to match it up with an existing market. Sometimes this works, sometimes it doesn’t. But it’s always worth a shot.

 

How to Write to Market

If you decide to write to market, there are a few things you need to pay attention to for optimal success. Each genre has its own tropes — things that the readers expect from the books. With romance, a big trope is the “Happily Ever After” ending. If you market a book to the romance genre that ends without the two protagonists getting together, you’ll have some disappointed readers on your hands.

Get the Tropes Down

Make sure you get to know the market before you decide to write a book in it. Luckily, most authors find markets with which they’re already familiar, so they can spot the tropes. Read and read some more in the market. See what the bestselling authors are doing and let it inspire you.

Keep Length In Mind

Take book-length into account, as well. The epic fantasy genre is known for its long, sprawling stories — upwards of 125,000 words. If you write a 40,000-word fantasy book and sell it at a similar price point, you may not do too well in that genre.

Mind the Details

You also want to pay close attention to covers, blurbs, and titles, as well. You want your book to stand out to potential readers, but not too much. It needs to be unique and enticing but it also needs to fit with the conventions of the market.

 

Should You Write to Market: Conclusion

If you’re hoping to make a living as an author, your best bet is absolutely writing to market. However, if you have stories you want to write that don’t fit into a hungry market, you shouldn’t lose hope. Every book you write helps you become a better writer. Write the stories that make you happy. If you can get them in front of readers who will like them, all the better. If not, take what you’ve learned and try again — this time with some research into a market that is likely to buy your books and, hopefully, keep buying them.

Master Stock Market Investing in two Hours by Abdullah Mamun

1631778722Want to learn how to make money in the stock market without losing money? You read many articles and probably watched many YouTube videos. You feel motivated. Still, you are feeling nervous inside. You are afraid what if it could go wrong. You can lose your money.

You thought about investing in the stock market five years ago. Still, you are learning everything about the stock market without investing much.

You heard a lot about Index Fund, Mutual funds, or Tesla stock. Not sure, which is the best option to start.

Probably, you invested a little bit of money, you saw a positive result. You want to double down the investment.

Still, you are not sure what is the best route.

We all are busy. Some of us don’t have time to watch the market trend every day and make decisions. Lets be honest, stock market is a complex area to discuss.

That is why I cut all the BS and only put the necessary information that you need to know.

There are lots of books out there, why this book is different?

In the traditional stock market books, theories were explained in difficult language. You can’t figure out everything by reading one book. Some of the theories and knowledge are outdated. For example, value investing is a buzzword. There are lots of books out there that talk about value investing.

In today’s overpriced market, you can’t practice value investing correctly. However, I shared one practical tip about value investing inside the book.

After reading this book, you will get a complete understanding of the stock market as a beginner. You would understand how does the stock market work.

You should read this book for these five reasons:

 

a) Learn to think correctly

A non-stock market investor thinks that investing in stock is a gamble. They don’t realize that you can make money by taking calculated risks. In fact, the whole world is working day and night to grow the companies. You can’t be that ignorant. As per the past trend, the stock market dipped and bounced back quicker than the housing market. People made more money for long-term investment. If you invested $5,000 in 2008, you could make a return of $185,059.22 in 2020.

This book will help you clear all the myths and help you think correctly.

 

b) Save your capital first

As Warren Buffett says, save your capital. I do believe your number one priority should be saving your capital. The question is how do you save your capital?

This book will teach you fundamental and technical analysis so that you can learn to save your capital. After reading this book, you won’t make any risky investments. You will enjoy a higher return in the long term.

 

c) Learn to pick individual stock

Picking an individual stock is fun. Many people talk about Investing in a fund that grows passively. If you follow this advice blindly, you might miss out on the biggest investment opportunity. In my investing career, I identified few individual stocks that helped me double my investment in less than five years. You will learn about the exact stocks and how I picked those stocks in this book. Overall, you will be a confident investor.

 

d) Create a passive income effortlessly

There are lots of passive income opportunities through investing in stocks. You probably already know about index funds, mutual funds, and ETFs. How do you know which fund will return your investment? You will learn the exact funds which can give you more than 7% return year after year.

I also discussed how to create a dividend portfolio so that you can pay your rent or mortgage with the yield. You will learn the exact formula to create dividend portfolio strategies to create passive income.

 

e) Avoid costly mistakes

You can make mistakes in the stock market investing if you don’t learn from others. In my banking career, I saw people made the same mistakes again and again. There are common patterns.

In this book, I unveiled those mistakes so that you can be aware of those and avoid those costly mistakes. It’s true that a simple mistake in the market costs thousands of dollars. It might take you years to recover from that mistake.

 

f) Learn to grow wealth like a millionaire

Do you know the wealthy tricks? Do you know how the riches are getting richer? As I served many high-net-worth individuals, you would learn their wealth-making secrets in this book. You will discover the exact rules the rich use to make money from the stock market. Your eyes will be wide open.

In addition, you would also learn about penny stocks, the exact formula Warren Buffett practices to pick stocks, to name a few. You would learn how to create a trading account and start buying stocks. You will learn to create an investment portfolio with as little as $1,000

I am confident that you would learn a lot by reading this book. You don’t need to invest in an expensive course. You will get all the required knowledge in one place.

Find our more about securing your financial future, order this book today.

Best Cryptocurrency Book: “Cryptocurrency Investing” by Abdullah Mamun

1631777515You might be wondering why I am calling this book the best cryptocurrency book. Well, there are many other books out there in the market. You can learn pretty much all the theories about Bitcoin, Blockchain, cryptography and cryptocurrencies. When it comes to investing in Cryptocurrencies, you get very little information.

As an Author, I read many books. Only one or two books answered the investing strategies. I expanded this investm

ent idea further in this book. Because I worked in the investment banking world and work as a professional accountant, I know how to assess an Initial Coin Offering (ICO) proposal. I shared all the necessary information for you to understand about Cryptocurrency investment.

I also provided enough information to understand bitcoin technology, cryptography, how blockchain works etc.

You will get a comprehensive answer to the question, Why Bitcoin’s price fluctuates?

You will get much more confidence about investing in bitcoin. Apart from these, you will get information on three main areas.

1. Discover the Underlying factors: The aim of the fundamental and technical analysis is to provide underlying reasons to readers to choose the best coins. You can’t just invest in a trendy coin just because everyone is talking about it. You need to understand what makes a coin’s future? Is there any chance, you might lose your investment overnight? There are lots of examples, people lost their money by investing in overhyped currency.

That’s why in this book, I discussed the fundamental and technical analysis of various coins so that you can make investment decisions confidently.

2. Learn to Store Coins Correctly: I also had almost a heart attack, when I heard people lost millions of dollars just because they lost their passwords. Hence, I took an extra care in this book to discuss the appropriate methods to buy, receive and storing cryptocurrencies. You will have appropriate knowledge to secure your coins investment correctly.

3. Create a Crypto wealth correctly: You will get a solid understanding how to create a crypto investment portfolio. You will learn about the crypto taxation. You will learn how to minimise risks. You will learn how to spot a crypto scam. You wouldn’t just jump to the next big crypto thing. Also, you will learn the strategies to make a million dollar through cryptocurrency investing.

As a bonus, you would get an idea about Crypto mining. In this book, you would learn how to earn $1,000 by mining.

One thing I can tell you that even if you don’t want to invest in crypto today but you would avoid costly mistakes in future by reading this book. The knowledge will help you in every possible way.

So, without further delay, order this book today.

29 Tough Questions and Answers by Mohit Arora

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Unless you have a medical problem, as a parent, you can always pull up additional energy. How?

Ask yourself what makes you truly tired? Is it your daily endless grind with children that mentally tires you or is it just about energy? If it's the daily grind, then are you making the mistake of looking at your child as a chore as opposed to a rare life-uplifting opportunity?

Will shifting your perspective and being just a playful child who is equal but not superior to your children help and give you that energy boost? As you head home after work, is your boss and job still occupying your head? But they pay you only for 8 hours? Why accept uninvited and unpaying guests into your home? Will filling up your mind with intense thought of you playing with your child not be the best antidote to these uninvited guests?

You also become satiated with uninvited guests reducing your own effectiveness in dealing with them at work. So, getting them out of your mind will allow you to refresh and think of new ways of dealing with work and your boss.

If it's just energy and you are still not able to physically muster energy despite your desire to play with children, you may want to look up breathing exercises or yoga that takes just 15 to 20 minutes but can give you a daily boost. Will waking up 30 minutes sooner help? Can you cut back on gossip at work and get back home sooner? Can you cut back digital or news binging to make some extra time and energy? Are you reading on digital devices before sleeping that sap your energy? Are you distracted in your sleep? Are you eating the right food? Will eating some energy-boosting nuts and fruits help? Will a short course of vitamin B and D help?

Will just longer cuddling with your child help? Are you lonely and an embrace of your spouse will help? Can you delegate cooking or any household chores to your spouse and talk to him about it? Can you find a paid source of home-cooked food? Can you engage children to help you with chores or make less mess so that you have more time and energy? Ask your children and spouse how they would like to contribute to taking away less of your energy?

Often the answer lies in shifting the perspective and taking a detached view of the issue or just engaging with unquestioned kindness.

Interested in the rest of the 28 questions? Find our more HERE!

Click here to buy the 2-Way Parenting book!

How to Promote Horror: 5 Methods for Better Character Design

How to Promote Horror: a dark, shadowy person at the end of a tunnel.

How to Promote Horror: a dark, shadowy person at the end of a tunnel.

Character design is a way to understand who your characters are. The more you know about your character, the easier it will be to render them on the page. Good fiction (not just horror) is, after all, written in much the same way a mystery is solved: by looking at motive. 

As horror writers, our characters often get a bad rap. Too many people judge horror based on B-rate movies filled with one-dimensional characters who exist only to be slaughtered around the next corner. Good horror fiction is SO much more than that. 

You need to ask yourself, what are your characters’ motives? What do they want and how will they react in any given situation? When you know that, you can write fiction that rings true on the page. 

That being said, you might find your characters are not doing what you want them to and that they have entirely derailed your meticulous plotting and outlining. However, a good writer knows when this is okay and when it’s not. If you’re like me, this is the exciting part, when true writing begins.

 

5 Methods for Better Character Design

The problem is when you start writing and you don’t know your characters, you’re likely to end up with a lot of prose you can’t use. No matter how much plotting you do (if any) beforehand, if you don’t know your characters, you will only be bullying them to do what you want them to do. Simply put, this kind of writing is not very good. 

 

1. Visualize Your Character

One of the first things I like to do is visualize the character. You can often tell a lot about someone based on how they choose to dress and how they hold themselves. I’m not much of an artist, but I will sometimes sketch certain visual details, such as a hat or a unique item that a character may keep on them.

You don’t have to know everything. It often doesn’t matter what colored eyes a character has, and you certainly don’t want to describe every little detail to your readers. In fact, it’s often best to let your readers fill in the blanks from their own imaginations, which can help them to connect with your characters.

Nevertheless, a racial background can be useful. For instance, a Mexican-American is likely to have ties to a specific cultural background that influences how they see the world. It may also play a part in how others respond to them. 

 

2. Write Until You Know Your Character

Personally, I used to do this a lot. When we’re just starting out, a lot of us writers are told: JUST WRITE. It’s not bad advice, by any means, because the only way to learn how to write is to write. However, when you write before you know who your characters are, you’re likely to end up with a lot of prose that you’ll need to cut from the final piece in editing.

This isn’t necessarily a bad thing, but it can be time-consuming. Stephen King sometimes uses this method, and if you’re having trouble getting started, then just do it. Start writing! As you put words to paper, things will begin to open up. The plot may reveal itself and, hopefully, characters will begin to take on their own voices. From there, you can start again, now writing with your characters’ POVs in mind.

 

3. Write a Short Story From Your Character’s Point of View (POV)

One good way to ‘write until you know your characters’ is to pen a short story from a character's POV. This story should be separate from your larger work and put a lot of its focus (if not all) on a single character. In this way, you’ll be able to flesh out your character before returning to your novel or whatever it is you’re writing.

If all goes well, you’ll then have a short story you can submit around to anthology publishers or use as a freebie for promotional purposes. If not, it doesn’t matter. The point of the exercise was to get to know the character.

 

4. Give Your Character a Personality Test

One way a lot of us try to get to know ourselves is by taking personality tests. It’s a fun exercise and can be useful if you know how to use the information. With that in mind, why not give your character one?

Yeah, I realize these types of tests are pseudoscience, but it doesn’t matter. All you’re trying to figure out is if your character is an introvert or an extrovert, and other things like that. A good test to use is the Myers-Briggs Type Indicator (MBTI), which recognizes 16 distinct personalities that will give you a better understanding of your character. 

 

5. Figure Out Your Character’s Alignment

Another good way to summarize the basics of your characters is to figure out their alignments. For those who don’t know, alignment is a Dungeons and Dragons RPG term used to help establish a player character’s motives. It’s determined by establishing the character’s morality and ethical understandings.

The ethical axis is split into Lawful, Neutral, and Chaotic, while the morality axis is Good, Neutral, and Evil. Therefore, characters range from Lawful/Good to Chaotic/Evil and everything between. Using alignment is a solid way to define the basics of even minor characters in your stories. 

 

Creating Compelling Characters

Although this column is about horror fiction, the advice here is for everyone. Characters are, perhaps, the single most important factor in writing effective fiction. The plot is the plot, and it’s okay, but don’t rely on it. If you are able to use better character design, it will be your characters who carry the story forward.

 

Author Keith Deininger and his son Rook.Keith Deininger is the award-winning and #1 Amazon bestselling author of horror and fantasy, including titles such as WITHIN, THE FEVER TRILOGY, and THE GODGAME series. He has been called “one of the finest writers of imaginative fiction” and “Ray Bradbury on acid.” His latest novel, VIOLENT HEARTS, has been compared to Stephen King’s fantasy-based work. He lives in Albuquerque, NM with his wife and kids. Although he loves a good nightmare, in person he’s a really nice guy. Promise.

Keith’s personal site: www.KeithDeininger.com
Keith’s SEO content writing and editing company: www.MeridianPublications.com

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