Royalties are not the whole picture
Amazon-reported royalties are a useful starting point. Subtract aggregate Amazon Ads spend for the selected period to see the narrow business-level result.
Compare Amazon royalties (estimated payout), normalized to USD, with aggregate Amazon Ads spend for a selected period. Review Product/ASIN rank, royalty totals, and relative performance without treating them as a product-level result or margin.
It combines Amazon royalties (estimated payout), normalized to USD, with aggregate Amazon Ads spend for a selected period. The derived view is Royalties after ads.It does not allocate Ads spend to products or campaigns, and it does not calculate a product- or design-level result, margin, or ROI. Production costs, fees, taxes, refunds, and other expenses are excluded.
A lower Royalties after ads result can reflect higher aggregate Ads spend. Compare these business-level numbers without treating the result as a product margin.
Amazon-reported royalties are a useful starting point. Subtract aggregate Amazon Ads spend for the selected period to see the narrow business-level result.
When aggregate advertising spend sits in another report, it is harder to see what remains after that total is subtracted from royalties.
Merch HQ brings the supported numbers together so you can review business-level results and product performance without treating either as a product-level result.
Merch HQ puts Amazon-reported royalties, aggregate Ads spend, and product performance in context without turning them into a product-level result calculation.
Review Amazon-reported royalties and aggregate Amazon Ads spend for the selected period in one view.
Use the explicit calculation: Amazon royalties minus aggregate Amazon Ads spend. The result is not a margin, ROI, or product/design result figure.
Product/ASIN rank uses net units, royalty totals, or relative performance score. It does not allocate Ads spend or calculate a product-level result.
Product/ASIN rank uses net units, royalty totals, or relative performance score. It does not calculate a product-level result.
Compare Amazon-reported royalties with aggregate Ads spend at the business level. There is no product- or campaign-level ad attribution.
Compare products using relative royalty or net-unit performance. This is not a margin or ROI calculation.
Cooling product to review surfaces products with declining comparable- period net units for review. It does not recommend reprints or assign a product-level result.
Use the business-level royalty-after-ad-spend view and separate product performance signals to decide what deserves review next.
Which products have the highest net units or royalty totals?
Is royalty growth keeping pace with aggregate Amazon Ads spend?
Which products should I review next?
Where is aggregate advertising spend reducing Royalties after ads?
Amazon gives you net units, not the answers behind them. Merch HQ shows you which listings to review, which products/ASINs need attention, and how Royalties after ads is changing.