Campaign performance: simple playbook

The two basic shares (the starting point)

Spend %

What it is: How much of the total ad money this one campaign is eating.

Why you care: If a campaign takes a big slice of money but doesn’t bring matching sales, it’s quietly draining you.

Why it goes wrong:

  • Over-broad targeting
  • Aggressive “top of search” boosts
  • Missing negative keywords
  • Pricey categories
  • Your own brand terms eating budget you don’t need to spend

Fast fixes:

  • Lower daily budget
  • Reduce top-of-search boost
  • Cut bids 10–30% in steps
  • Add negatives from the last 30–60 days
  • Split exact match from “explore” targets so you can control each cleanly

Sales %

What it is: How much of total revenue this campaign actually brings in.

Why you care: This is the point of running ads.

Why it goes wrong:

  • Not enough traffic
  • Weak click-through or conversion
  • Out of stock
  • Weak product page
  • Bad price
  • Wrong match types
  • Spending on search terms that don’t buy

Fast fixes:

  • Improve product page (price, images, reviews)
  • Mine the search term report; add converting terms as exact
  • Move budget to proven themes
  • Tighten match types
  • Test better creatives
  • Make sure you hold the Buy Box and have stock

Push or pull: the signals that tell you what to do

Efficiency Index (EI)

Formula: EI = Sales% ÷ Spend%

How to read it:

  • EI > 1 → This campaign beats your account average.
  • EI < 1 → It underperforms.

Why it goes wrong (low EI):

  • Bids too high; over-boosted placements
  • Junk search terms; weak-intent category targets
  • Product page problems

Fast fixes for low EI:

  • Cut bids and boosts
  • Pause or negate waste terms
  • Move “prospecting” into its own small budget
  • Retest placements

Fast scale for high EI:

  • Raise budget caps; nudge bids on exact winners
  • Copy winners into Sponsored Brands/Video
  • Try a small top-of-search boost (+10–20%)
  • Watch ACOS

Gap (Sales vs Spend)

Formula: Gap = Sales% − Spend%

How to read it:

  • Positive number → More sales than the money it takes (good).
  • Negative number → Takes more money than sales it returns (bad).

Why it goes wrong (big negative):

  • Exploration mixed with core
  • Broad match hoovering random traffic
  • Old keywords past their peak; seasonal drop
  • Competitors cut prices

Fast fixes:

  • Lower budget; split tests into a separate campaign
  • Add strong negatives; reset placement boosts
  • Re-bid using click and conversion data (don’t feed dead targets)

Relative ACOS

Formula: Relative ACOS = (Spend% ÷ Sales%) × Account ACOS

What it is: The campaign’s ACOS, expressed in the same “units” as your account target to rank easily.

When it’s high: Same causes as low EI plus price/page issues.

Fast fixes: Cut bids, trim boosts, remove weak targets, or fix the product page/price. Ads can’t rescue a bad offer.

Weighted ACOS Impact

Formula: Weighted Impact = Spend% × (Relative ACOS − Account ACOS)

What it tells you: How much this campaign pushes your whole account ACOS up or down; a “drag meter.”

  • High & positive (bad): Freeze budget, slash boosts, keep only exact winners, move experiments elsewhere.
  • Strongly negative (good): Feed budget, expand to SB/SBV, protect winners with exact match, defend against rising CPCs.

Opportunity Score

Formula: Opportunity = max(0, (Sales% − Spend%) ÷ Sales%)

What it tells you: 0–1 “headroom” score. Higher = you’re under-funding a winner.

Why it’s high:

  • Bids too conservative; no top-of-search boost
  • Winner buried in a mixed ad group
  • Daily budget is capping

Fast scale:

  • Add 15–30% budget; add 5–15% bids on proven exacts
  • Small top-of-search boost
  • Clone to new match types or similar intents
  • Extend ad hours

Quadrants: your one-look map

Q1 Whales (High Spend and High Sales)

Role: Core revenue engines.

Why they win: Strong brand terms, proven exacts, good pages, stable rank.

Fast actions: Protect and scale. Raise budgets, test small top-of-search boosts, copy winners to Sponsored Brands/Video, watch stock and TACoS.

Q2 Hidden Gems (Low Spend, High Sales)

Role: Under-fed winners.

Why they’re hidden: Bids too low, no boost, mixed with other stuff, budget caps.

Fast actions: Raise budget, nudge bids on exact winners, isolate into their own campaigns, add look-alike targets, expand to new regions/placements.

Q3 Money Pits (High Spend, Low Sales)

Role: The drain.

Why they sink: Broad match waste, weak-intent categories, bad price/page, competitor squeeze, off-season.

Fast actions: Cut bids 20–40%, cap budgets, remove or negate bad targets, trim boosts, move tests out, keep only items that re-prove themselves.

Q4 Noise (Low Spend, Low Sales)

Role: Long tail and experiments.

Why they exist: New or niche ideas, low volume.

Fast actions: Keep them cheap if clicks are cheap and EI ≥ 1; otherwise pause. Promote anything that starts to work into Q2 or Q1 structures.


How to run this day to day

1) Triage order

  • Sort by Weighted ACOS Impact; fix the worst harm first.
  • Sort by Opportunity Score; feed the most starved winners.
  • Check EI trends for the last 7, 14, and 30 days.

2) Guardrails

  • Don’t judge new stuff too fast. Give it at least 20–40 clicks and 2–3 conversions.
  • Split Brand vs Non-Brand, and Exact vs Broad/Auto. Mixed signals make dumb decisions.
  • If inventory covers < 14 days or you’re losing the Buy Box, pause the scaling.

3) If the ads look “off,” check the product

  • Price changes, coupons ending, page edits, stockouts, review swings, competitor sales will swing EI/ACOS fast.

4) Time windows

  • Use the last 30–35 days for stable decisions.
  • Peek at the last 7 days for momentum.
  • Treat big sale weeks (Prime, Black Friday) separately.

TL;DR (the quick moves)

  • Scale it: EI > 1, Gap (Sales% − Spend%) > 0, and high Opportunity Score → add budget, nudge bids, small top-of-search boost, copy to SB/SBV.
  • Fix it: EI < 1 or negative Gap with big Weighted Impact → cut bids/boosts, cap budget, prune targets, add negatives, move tests out.
  • Park it: Q4 can idle if clicks are cheap and EI holds; otherwise pause.
  • Protect it: Q1 “whales” get inventory checks, exact-match protection, and careful boosts don’t starve winners.

That’s it. Feed winners, stop the leaks, and keep the math simple and honest.