What is the key difference between using Standard and Advanced Promoted Listings campaigns, and when would you choose one over the other to *maximize profit margins*?

The key difference between Standard and Advanced Promoted Listings campaigns lies in the level of control you have over bidding and keyword targeting. Standard campaigns use *automatedbidding, where eBay automatically sets your ad rate based on historical data and market trends to achieve a specified ad rate (percentage of the sale). You select an ad rate, and eBay manages the bidding process for you, aiming to maximize impressions and sales at that rate. Advanced campaigns, on the other hand, allow for *manualbidding and keyword selection. You choose specific keywords that you want your ads to target, and you set the maximum cost-per-click (CPC) that you're willing to pay for each keyword. This gives you granular control over where your ads appear and how much you spend on each click. To maximize profit margins: Choose Standard campaigns when: You want a hands-off approach and are comfortable letting eBay optimize your bids for you. This is suitable for listings with ample sales history, where eBay has enough data to make informed bidding decisions. You're new to Promoted Listings and want a simpler starting point. The item margins are thin, and you want predictable ad costs since you choose the fixed percentage. Choose Advanced campaigns when: You want precise control over your ad spend and targeting. This is beneficial for listings with higher profit margins, where you can afford to pay more per click for targeted traffic. You have strong keyword research skills and can identify high-converting keywords. The product is niche or has unique characteristics requiring specialized keyword targeting that eBay's automated system might miss. You want to aggressively bid on specific keywords to outrank competitors. You need greater control to optimize for *profitability rather than simply maximizing sales volume. For instance, if you identify that certain keywords are converting at a much higher rate than others, you can allocate more of your budget to those keywords in an Advanced campaign, thereby maximizing your ROI. The decision hinges on your risk tolerance, the depth of your keyword research expertise, and your willingness to actively manage your campaigns. Advanced campaigns require more time and effort but offer the potential for greater profitability if executed effectively.