Amazon is now the No. 3 Digital Ad Platform in the US
US advertisers will spend $4.61 B on Amazon’s platform this year, accounting for 4.1% of digital ad spending in the country.
Advertising is "now a multi-billion-dollar
business" with hundreds of thousands of emerging and established
advertisers: Amazon vendors, sellers, authors as well as third-party
advertisers who want to reach the e-commerce site's customers.
Amazon
also believe that their advertising business has 3 big advantages over the
Google-Facebook duopoly's that will spur its already rapid growth:
1.
That's
where shoppers go to buy:
Consumers that go on Amazon are most likely there to buy. Moreover, ads that
Amazon put in front of them are often seen as suggestions rather than real ads
2.
A
huge and captive audience:
Amazon has more than 100 million Prime subscribers or millions more that shop
there without a subscription. That's still less than the billion-plus users on
Facebook, but in this case, quality trumps over quantity.
3.
A safe
environment: There's less risk for
advertisers to have their brand associated with anything bad unlike
with Google, Facebook or YouTube.
Source: https://www.forbes.com/sites/jeanbaptiste/2018/09/20/amazon-is-now-the-3-digital-ad-platform-in-the-u-s-behind-google-and-facebook-says-emarketer/#64b37cd03926
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