Here's what I got going...
I am advertising my ecommerce store that sells unique (nichey kindof) wall art/home decor at the average price of $65 per unit. Expected order totals are around that same $65.
So if each unit cost me $40 that gives me $25 wiggle room for coupons, ads, and overhead. (assuming extremely low overhead) So if I want spend $10 per sale on adwords and my site converts at 1% I can spend a max of 10 cents per click. Even at 2% conversion I can only spend 20 cents per click.
Right now I running a campaign to test the waters. I have 35 adgroups all set at a default of 20 cents. Each group has 10 to 60 keywords and the campaign has negatives installed. My QS is still mostly at sevens with a few 8,9,10s. (only on low traffic keywords) I am seeing about 5 clicks a day. Considering my store currently only stocks 64 items I can go from 35 adgroups to 64 and increase my clicks per day to 10 or so. (while staying in around 20 cents per click.)
What are my options to increase my PPC traffic while not going spend crazy? I am thinking my only options are to continue finding new keywords relevant to my products or to increase my bid on all the keywords.
My goal is to gradually increase my clicks to 250/500 a day.
Thanks