In particular, brands are investing more in advertising on Amazon, but this market is still far from overtaking Google and Facebook.
Contextologists around the world need to prepare for the development of advertising offices Amazon! Yes, few in Russia know about Amazon, but the company itself is in no hurry to settle in our country. However, for international business it is not so important. After all, there are no borders for purchases, and the fact that inquiries in Russian “like buying goods from Amazon” are increasingly talking about the prospects of this largest online store.
Consumer product advertising budgets are gradually shifting from Google to Amazon as consumers skip the search engines and start shopping directly on the e-commerce platform.
Large ad buyers spend more on Amazon search. London-based WPP PLC, the world's largest advertising agency, allocated $ 300 million to its search advertising clients in Amazon in 2018, compared with about $ 100–150 million in 2017, according to a MarketWatch report on Thursday.
According to the report, the Omnicom Group has cut its customers' budgets for contextual advertising with Google in order to invest in Amazon search advertising. Amazon accounted for 20–30% of its clients' search expenses last year.
It is worth noting that, although both agencies spend part of their customers' budgets on Amazon, this amount is still less than how much they allocate for Google advertising. It is estimated that last year, WPP spent more than $ 3 billion on Google advertising worldwide.