Category: marketing + promotions + selling
Posted: 2008-06-03 14:59
Earlier in the year I was able get to get into Etsy's coop ad program with Bust Magazine. The spots for these ads get snapped up really fast, like in a few seconds, so you have to be prepared with the relevant page open in your browser and you have to refresh it every few seconds so that you are one of the first ones to click the "Buy" button.
I'm in the third row, far right, just look for the bag.
page 31 of the June / July 2008 Bust Magazine issueSo now it's time to measure ROI or return on investment. In other words is it worth advertising in Bust with Etsy? It's a little tricky to know which sales have come directly from the ad.
I'm tracking a few things for etsy but they won't accurately reveal if the ad is responsible for increased sales. Because yes, my sales have gone up but I think it's due to a few new things I've been doing, like relisting items 2 to 3 times a day (so that I appear on the first few pages of the relevant categories) and also my new bags, which incidentally are made of fabric and not wool or felted, are much more popular.
Things I am tracking are:
- advertised item: sales
- advertised item: views
- advertised item: new hears
- shop: new hearts
- shop: new sales
I started tracking 4 weeks before the ad came out and will track for 9 weeks after the ad appeared.
So, in case you are wondering, the bag is still available.
Get a better look here.