I just received a notification saying I was chosen to test the paid promotion feature with $10 off.
I think a lot of people might be interested in this feature so I might keep this updated to see how it works. Though I’m not 100% sure how much I am actually allowed to share regarding this feature.
Quickly about me in case this matters:
I’m Level 2, more or less close to meeting the requirements for a top rated seller.
They auto-selected my best selling gig as the one to be promoted.
As far as I can see, you need to bid against all the other eligible sellers in your category to “win” the ad-sponsored spot:
“A bid is a maximum amount you’d be willing to pay per click on your ad. The higher the bid, the higher the chances to win your ad spot. However, you’ll pay just the minimum to win over other bids. You can adjust your bid from your Promoted Gigs dashboard later.”
They also set a “recommended amount” per day for you. For me it’s $0.66 per day based on my category it seems. This would probably mean that sellers in smaller niches would be rewarded by lower fees while oversaturated categories would probably cost more since more sellers would be able to bid.