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The Amazon Search Terms Report, and How to Read It

The one report that says what shoppers actually typed. Most accounts download it, sort by spend, and miss the two decisions it exists to inform.

Muhammad Shehryar

2026-09-185 min read

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A search terms report with three columns highlighted: what was typed, what it cost, and what it earned
There is one report in an Amazon account that contains information no tool can supply: what real shoppers typed before they bought from you. Everything else is inference.
It is also the report most accounts glance at, sort by spend, and close. Two decisions come out of it every week, and both of them compound.

What it is, and what it is not

The search terms report shows the actual queries that triggered your ads, against the keywords or targets that matched them. The keyword report shows what you bid on. Those are different things and the gap between them is where the money goes.
A broad keyword can match hundreds of queries. Some of them are your product described differently, some are a competitor's product, and some are nothing to do with you at all. Only the search terms report tells you which.

Decision one: what to add

Any search term that has converted more than once, at an acceptable cost, deserves its own exact match keyword with its own bid. That takes the term out of the auction lottery a broad match runs and gives it a bid set by what it is worth.
The same terms belong in the listing, because a query that converts in advertising is a query the listing should rank for organically. That is the loop between paid and organic, and it only runs if somebody carries the terms across.

Decision two: what to stop paying for

Any search term with clicks and no sales, past the point where the absence is meaningful, becomes a negative. How many clicks is enough depends on your conversion rate: if you convert at one in ten, ten clicks with no sale is normal and forty is not.
Negatives are the cheapest work available in any account. They cost an afternoon and they stop paying for traffic that was never going to buy.
The mistake is negating too early on too little data, which removes terms that were converting at a normal rate for your category. That is covered in the article on negative keywords.

The third thing it tells you, which is free

Product research. Terms appearing repeatedly that describe something adjacent to what you sell are demand you are not serving, and they are demand recorded in your own account rather than in a keyword tool's estimate.
The same is true of the words shoppers use. A catalogue written in the brand's vocabulary and searched in the customer's is a catalogue with a translation problem, and this report is the dictionary.

How often to read it

Weekly on the campaigns carrying most of the spend, monthly on the rest. The cadence matters more than the depth: a report read every week catches a term burning budget after seven days rather than after a quarter.
Automatic campaigns deserve the closest reading, because their whole job is discovering terms you did not think of. An automatic campaign nobody mines is a discovery budget with nobody collecting the discoveries, which is the point of running automatic and manual together.

What the report will not tell you

Volume. It reports what your ads matched, not what the market searched, so a term absent from it may be a term nobody searched or one your bids never reached.
And it withholds some queries, especially rare ones, so the rows never quite add up to the totals. That is Google and Amazon both protecting individual searches, and it is worth knowing before somebody spends an afternoon reconciling the difference.

What we do with this

Reading it is part of the weekly routine in Amazon account management, and the terms it produces go in two directions: into the campaigns as keywords and negatives, and into the listings as the words shoppers actually use.
The equivalent report exists on Walmart with thinner data, and on Google Ads where the same discipline applies to a much larger match surface.

Keep reading

If nobody has read yours in a month, that is usually where the first savings are.

Frequently asked questions

The questions that come up most often on this subject.

Want this applied to your account?

Tell us the category and the numbers you have. We will review the account and tell you where the opportunity is and what we would change first.