CONTACT US
info@bidaiondo.com

Amazon increases its advertising revenue by 20% but does not reach what the market expected

During the second quarter of the year, Amazon totaled more than 12.7 billion dollars in advertising, 20% more than last year but less than the 13 billion expected by analysts.

Most of it comes from product ads and at the moment there is no data on the introduction of campaigns on Prime Video.

But the commercial traction of that platform can improve significantly with the arrival of the rights to broadcast NBA games next year.

The CEO, Andy Jassy, ​​did not offer more details on the current state of planning in that service, whose massive unlocking of inventory for advertising has put significant downward pressure on prices throughout the sector.

He only seemed optimistic about the response of agencies and advertisers to "the differentiated value we offer with our content, reach, signals and advertising technology" after the company's first presentation at upfronts in May.

He also noted the growing weight of advertising's contribution to the company's profitability, both in North America and internationally.

This has helped operating profit to soar by 91% to 14.7 billion, on a total turnover of almost 148 billion, which was also below expectations despite the 10% increase.

In any case, the 20% growth in Amazon's advertising business is practically double the 11% reported by Google and exceeds the 19% reported by Microsoft.

It is only slightly below the 22% reported by Meta in the same period. But the comparison with last year shows significant improvements for all of these rivals and a setback for the e-commerce giant, which then increased its revenue from advertising by 24%.

https://dircomfidencial.com/marketing-digital/amazon-mejora-un-20-su-facturacion-publicitaria-pero-no-alcanza-lo-esperado-por-el-mercado-20240802-1638/

Last news

base_url:
host: www.bidaiondo.com
REQUEST_URI: /news/amazon-increases-its-advertising-revenue-by-20-but-does-not-reach-what-the-market-expected
path: /news/instagram-plus-arrives-in-spain-how-much-it-costs-and-how-to-use-it
Instagram Plus llega a España: cuánto cuesta y cómo utilizarlo
La respuesta corta es que es una suscripción premium a Instagram que, tras haber sido probada en algunos países, han decidido lanzar para todos los usuarios de forma global. Y tal y como te contamos en este artículo, no es la &ua...
base_url:
host: www.bidaiondo.com
REQUEST_URI: /news/amazon-increases-its-advertising-revenue-by-20-but-does-not-reach-what-the-market-expected
path: /noticias/instagram-potencia-la-edicion-del-sonido-con-nuevas-herramientas-en-edits
Instagram potencia la edición del sonido con nuevas herramientas en Edits
Instagram ha presentado una nueva batería de nuevas funciones para Edits, su suite nativa de edición de video integrada directamente en la aplicación. Recordemos que esta herramienta fue diseñada para que los usuarios pued...

online trading systems.

We show you the best way to market products and services online, through a professional service of installation, management and maintenance of your virtual store

We program to suit you

We help you achieve operational excellence in all your business processes, whether they are production, logistics, service or office processes. In addition, we assure you to maintain continuous improvement in your management.

Bidaiondo Articles

These are Proteus, Stark and Vulcan, the new generation of robots with which Amazon wants to transform its logistics

Amazon has unveiled a whole host of innovations in London regarding how it applies robotics to its logistics operations. The company aims to bring the latest innovations in fields like AI to this area, allowing it to accelerate and improve the profitability of operations related to receiving, sorting, and handling packages within its facilities. These new robots are part of a company plan to invest more than €10 billion in European distribut...

Ver más »

How to boost your visibility in AI thanks to LinkedIn

LinkedIn is all the rage. In the age of AI, the quintessential professional social network is increasingly becoming a go-to channel for brands to reach their potential customers. It's no wonder, given that it's currently the undisputed queen of social media engagement. In this context, a recent study by Semrush has confirmed what many suspected, but no one had measured with such precision: LinkedIn not only engages humans, but has also be...

Ver más »