{"id":21340,"date":"2019-04-19T03:00:00","date_gmt":"2019-04-19T10:00:00","guid":{"rendered":"http:\/\/writersfunzone.com\/blog\/?p=21340"},"modified":"2019-04-15T17:32:55","modified_gmt":"2019-04-16T00:32:55","slug":"do-ads-add-up-jumping-into-the-advertising-game-by-keri-kruspe","status":"publish","type":"post","link":"https:\/\/writersfunzone.com\/blog\/2019\/04\/19\/do-ads-add-up-jumping-into-the-advertising-game-by-keri-kruspe\/","title":{"rendered":"Do Ads Add Up? Jumping into the Advertising Game by Keri Kruspe"},"content":{"rendered":"<p><a href=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/WFZ_Do-Ads-Add-Up_-Jumping-into-the-Advertising-Game-by-Keri-Kruspe_2019_04-19.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-21366\" src=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/WFZ_Do-Ads-Add-Up_-Jumping-into-the-Advertising-Game-by-Keri-Kruspe_2019_04-19.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/WFZ_Do-Ads-Add-Up_-Jumping-into-the-Advertising-Game-by-Keri-Kruspe_2019_04-19.png 300w, https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/WFZ_Do-Ads-Add-Up_-Jumping-into-the-Advertising-Game-by-Keri-Kruspe_2019_04-19-160x160.png 160w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Let\u2019s welcome back monthly columnist <a href=\"https:\/\/writersfunzone.com\/blog\/?s=Keri+Kruspe\" target=\"_blank\" rel=\"noopener noreferrer\">Keri Kruspe<\/a> as she shares with us &#8220;Do Ads Add Up? Jumping into the Advertising Game&#8221; Enjoy!<\/p>\n<p>***<\/p>\n<h2>Have you ever heard of McDonald\u2019s? Or Ford? How about Prudential?<\/h2>\n<p>Odds are you have. McDonald\u2019s was founded in 1955; Ford in 1903 \u2013 and holy cow\u2026 Prudential started in 1875!<\/p>\n<p>Now, think back.<\/p>\n<p><strong>When was the last time you saw\/heard an advertisement they\u2019ve put out?<\/strong> A billboard, a television ad, or something that popped up in Facebook.<\/p>\n<p>I swear Flo from Prudential is an annoying relative that won\u2019t get off my TV.<\/p>\n<p><strong>So, if these companies have been around for a long time and are leaders in their respective \u201cgenres,\u201d<\/strong> why do they spend billions of dollars (199.72 billion in US dollars from 2010 to 2019 per Statista, the Statistics Portal) when everyone knows who they are.<\/p>\n<p>Not only that, how do they know the images and sounds they put out even work?<\/p>\n<p>It\u2019s not like anyone can measure if a billboard brought in business.<\/p>\n<p>So why are they still there decorating our highways and streets?<\/p>\n<p><a href=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/Ads-Image.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-21349\" src=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/Ads-Image.jpg\" alt=\"\" width=\"450\" height=\"304\" srcset=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/Ads-Image.jpg 450w, https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/Ads-Image-300x203.jpg 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/a><\/p>\n<h2>In a nutshell, because they work. Keeping their name in front of folks is the name of the game. Repetition is key.<\/h2>\n<p><strong>Think of the last time you were driving and got hungry.<\/strong><\/p>\n<p>You pass a billboard with a tasty-looking hamburger, cold drink and crispy fries. You might not have been thinking about that specific fast-food place, but you\u2019re in a hurry and you\u2019re hungry. Now that you\u2019ve seen the image, you can\u2019t get it off your mind. All too soon, you\u2019re craving that particular food and have to find the nearest restaurant. And presto \u2013 you\u2019re there, happily stuffing yourself. Instant gratification is served (along with a zillion calories).<\/p>\n<p>Okay, you may say, but I\u2019m an author. I\u2019m not going to put my book(s) up on a billboard or on TV (<em>hum<\/em>\u2026an image of one of my romance books with a \u201cman-chest\u201d in all its glory and larger than life on a billboard\u2026*cough*) anyway, that\u2019s not going to happen.<\/p>\n<p><strong>How else can we repeatedly put our books out there for the masses?<\/strong> The good news is there are several avenues open to us as writers to \u201cshowcase\u201d our babies.<\/p>\n<p>While I haven\u2019t explored them all (like FB Messenger or Amazon Email Marketing), it\u2019s general knowledge these \u201cseven touches\u201d can be key to advertising our books.<\/p>\n<p><strong>These include:<\/strong><\/p>\n<ul>\n<li>Amazon \u201cAlso-Boughts\u201d<\/li>\n<li>Facebook Ads<\/li>\n<li>Facebook Messenger<\/li>\n<li>BookBub Ads<\/li>\n<li>Mailing Lists<\/li>\n<li>Amazon Email Marketing<\/li>\n<li>Amazon Ads<\/li>\n<\/ul>\n<p><strong>When Beth asked me about my experiences in diving into the advertising world,<\/strong> she suggested I explain how I did it on various platforms and the results. After giving it much thought, I confess I cannot go into expressive detail on how to do it. For gosh sakes, the courses out there are hours long &#8212; complete with videos and handouts. I could never condense that much information in one or two articles.<\/p>\n<p>Instead, in my next article, I\u2019ll tackle a couple platforms and give enough detail to make you dangerous.<\/p>\n<p><strong>Before I get started,<\/strong> <strong>let me share my experience in what I\u2019ve done so far.<\/strong> <strong><a href=\"https:\/\/www.kerikruspe.com\/books\/\" target=\"_blank\" rel=\"noopener noreferrer\">I launched my first book in October last year and released my second in January.<\/a><\/strong> The third book of my trilogy is in the editing phase and will (hopefully) be launched by the end of April. I have no other books to offer. Since I don\u2019t have a backlist or name recognition, I have to go out there and chase it.<\/p>\n<p>And I\u2019ve spent a lot money that has given me little return. My advertising budget is now a pretty shade of deep red.<\/p>\n<h2>But, maybe it\u2019s not as bad as it seems at first glance.<\/h2>\n<p>To explain, I will use Amazon Ads as an example. <strong>In my limited opinion, for me that\u2019s where the money is.<\/strong> While my books are \u201cwide\u201d (I\u2019m not exclusive on Amazon), it\u2019s where I\u2019ve sold the most. (I have advertised on Facebook and Bookbub, which I\u2019ll go into later).<\/p>\n<p><strong>On Amazon<\/strong>, I only use their \u201csponsor\u201d ads for my first book. I do not advertise the second.<\/p>\n<p>\u201cWhy\u201d you may ask, \u201caren\u2019t you advertising the second since it\u2019s the newest?\u201d<\/p>\n<p>I don\u2019t because of \u201creadthrough.\u201d That&#8217;s the calculated number of readers that go from book to book.<\/p>\n<p>My books are a part of a trilogy, which should be read in order. Advertising the second book would be redundant. Besides, if they\u2019ve read the first, I\u2019ve ended that story with a cliffhanger to encourage them to get the second book.<\/p>\n<h2>Now, how do I estimate the true value per sale of each book?<\/h2>\n<p>Let\u2019s say I\u2019ve sold 100 books of Book 1.<\/p>\n<p>With Book 2, I\u2019ve sold 50 because of \u201creadthrough.\u201d (An actual number for my books \u2013 so far in March that\u2019s what I\u2019ve done.)<\/p>\n<p>In this calculation, my readthrough from Book 1 to Book 2 is 50%.<\/p>\n<p>If I sell Book 1 for $2.99, with Amazon I get a revenue of $2.09.<\/p>\n<p>Book 2 sells for $3.99. A 70% royalty equals $2.79.<\/p>\n<p>If I sell 100 books of Book 1, I get a revenue of $2.09 @ 100% = $2.09<\/p>\n<p>Book 2: $3.99, revenue $2.79 @ 50% = $1.39<\/p>\n<p>The total value of my sale of Book 1 is now $3.48 &#8212; which, if you remember is where I\u2019m spending my advertising dollars on.<\/p>\n<p><strong>Another way to look at it is this:<\/strong> If I spent $3 to make a sale of a $2.99 book \u2013 without factoring in readthrough, my ROI (return on investment) would be -3.33% ($2.09\/$3.00*100 minus 100 \u2013 equals\u00a0 -3.33%, giving me that \u201cdeep red color\u201d). But, if I factor in the profits of my second book, I get a ROI of 16%. Now the red changes to black &#8212; always a good sign.<\/p>\n<p><strong>However, as an emerging author, the key is finding the right balance between your budget and your revenue. <\/strong><\/p>\n<p>You know the old saying\u2026 you gotta spend a buck to make a buck. Well, I think it\u2019s more like you\u2019ve got to be willing to spend $3 dollars to make a dollar, at least until you get a big enough backlist to factor in a profitable readthrough.<\/p>\n<p><strong>For now,<\/strong> <strong>I\u2019m willing to \u201cbite the bullet\u201d and spend more money than I\u2019m making, because, I confess, I\u2019m spending way more than $3 on my advertising.<\/strong> I will not do it forever. I do have a plan in place. But I firmly believe that I have to put my book out there. When I\u2019ve played with my advertising &#8212; those days when I paused my ads &#8212; my sales stopped and my ranking in Amazon plummeted. <strong>As a new author, I can\u2019t afford to be left in obscurity.<\/strong><\/p>\n<div id=\"attachment_21367\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.kerikruspe.com\/\" target=\"_blank\" rel=\"https:\/\/www.kerikruspe.com\/ noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-21367\" class=\"wp-image-21367 size-full\" title=\"Keri Kruspe, Author of Otherworldly Romantic Adventures\" src=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/KERI-KRUSPE_OTHERWORLDLY-ROMANCE_Three-books-in-space.jpg\" alt=\"Keri Kruspe, Author of Otherworldly Romantic Adventures\" width=\"600\" height=\"200\" srcset=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/KERI-KRUSPE_OTHERWORLDLY-ROMANCE_Three-books-in-space.jpg 600w, https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2019\/04\/KERI-KRUSPE_OTHERWORLDLY-ROMANCE_Three-books-in-space-300x100.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><p id=\"caption-attachment-21367\" class=\"wp-caption-text\">Keri Kruspe, Author of Otherworldly Romantic Adventures<\/p><\/div>\n<p>While there are ways to make a name for yourself in the writing industry without spending a ton of money (Beth can show you how!), time, and talents also play a factor. And by talents I don\u2019t mean how you write, I mean what you have in your arsenal to use.<\/p>\n<p>I do not have a social media background (blogs, blog tours, Facebook, Twitter, Instagram, etc. causes me to hyperventilate) &#8212; I don\u2019t know how to use them properly or quickly. It\u2019s something I have to take classes and learn since I didn\u2019t grow up with them. It\u2019s as foreign to me as vinyl is to a thirteen-year-old. I also work full-time, so the hours in my day are limited.<\/p>\n<p>Instead of learning how to use those platforms, I\u2019d rather use that time to become a better writer and get those books out in the market.<\/p>\n<p><strong>What I do have is a little extra money I\u2019ve borrowed from myself to invest in my dream.<\/strong> And part of achieving my dream advertising for it.<\/p>\n<p>It\u2019s not like Flo will drive up to my house in a new Ford truck to deliver that Big Mac I\u2019m craving\u2026<\/p>\n<p>***<\/p>\n<h2>ABOUT THE AUTHOR<\/h2>\n<p><a href=\"http:\/\/www.kerikruspe.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Keri Kruspe<\/a><a href=\"http:\/\/www.kerikruspe.com\/\" target=\"_blank\" rel=\"http:\/\/www.kerikruspe.com\/ noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-20092\" title=\"Keri Kruspe\" src=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2018\/09\/Keri-Kruspe_Author-Pic.jpg\" alt=\"Keri Kruspe\" width=\"150\" height=\"199\" \/><\/a>\u00a0has been an author since the age of twelve and has always been fascinated with otherworldly stories that end in Happily Ever After. Her current works,\u00a0<a href=\"https:\/\/amzn.to\/2AHpJ9w\" target=\"_blank\" rel=\"noopener noreferrer\"><i>An Alien Exchange<\/i><\/a>\u00a0trilogy will have its first release by Winter 2018. The trilogy conclusions \u2014<i>\u00a0D\u2019zia\u2019s Dilemma<\/i>\u00a0and\u00a0<i>Ki\u2019s Redemption \u2014<\/i>\u00a0will soon follow by the first quarter of 2019.<\/p>\n<p>As a native Nevadan, Keri now resides with her family in the wilds of Northwestern Michigan. An avid reader, Keri enjoys good wine, good food, and watching action\/adventure movies. You can find her most days immersed in her fantasy world of writing or traveling with her hubby in their RV, discovering intelligent life here on Earth. Don\u2019t forget to visit her website at\u00a0<a href=\"http:\/\/www.kerikruspe.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.kerikruspe.com<\/a>. Leave your feedback and sign up for her newsletter!<\/p>\n<p>***<br \/>\n<strong>Image Credit<\/strong><br \/>\n<a style=\"background-color: black; color: white; text-decoration: none; padding: 4px 6px; font-family: -apple-system, BlinkMacSystemFont, 'San Francisco', 'Helvetica Neue', Helvetica, Ubuntu, Roboto, Noto, 'Segoe UI', Arial, sans-serif; font-size: 12px; font-weight: bold; line-height: 1.2; display: inline-block; border-radius: 3px;\" title=\"Download free do whatever you want high-resolution photos from Edu Lauton\" href=\"https:\/\/unsplash.com\/@edulauton?utm_medium=referral&amp;utm_campaign=photographer-credit&amp;utm_content=creditBadge\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"display: inline-block; padding: 2px 3px;\">Edu Lauton<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s welcome back monthly columnist Keri Kruspe as she shares with us &#8220;DO AD\u2019S ADD UP? My experience in jumping into the \u201cAdvertising\u201d game.&#8221; Enjoy!<\/p>\n","protected":false},"author":12,"featured_media":21366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2745],"tags":[3863,3862,3865,3606,3864],"class_list":["post-21340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-author-marketing","tag-ads","tag-advertising","tag-advertising-budget","tag-keri-kruspe","tag-platforms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Do Ads Add Up? Jumping into the Advertising Game by Keri Kruspe &#183; Writer&#039;s Fun Zone<\/title>\n<meta name=\"description\" content=\"Let\u2019s welcome back monthly columnist Keri Kruspe as she shares with us &quot;DO AD\u2019S ADD UP? My experience in jumping into the \u201cAdvertising\u201d game.&quot; Enjoy!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/writersfunzone.com\/blog\/2019\/04\/19\/do-ads-add-up-jumping-into-the-advertising-game-by-keri-kruspe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Do Ads Add Up? Jumping into the Advertising Game by Keri Kruspe &#183; Writer&#039;s Fun Zone\" \/>\n<meta property=\"og:description\" content=\"Let\u2019s welcome back monthly columnist Keri Kruspe as she shares with us &quot;DO AD\u2019S ADD UP? 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