Amazon announced Wednesday that it is unifying its disparate ad products and systems under one brand, Amazon Advertising.
The brand names Amazon Media Group (AMG) for managed display and video services, Amazon Marketing Services (AMS) for seller ads on Amazon, and programmatic solution Amazon Adverting Platform (AAP) are all retiring.
The move is welcome news for marketers struggling with acronym overload, but it won’t change things from an operations standpoint, yet.
The old brand names will be phased out over the next several months. Other naming changes to note: Headline Search Ads are now called Sponsored Brands and Amazon Advertising Platform is now Amazon DSP.
In a similar vein, earlier this year, Google retired several of its advertising brands — AdWords and DoubleClick most notably — and unified its offerings under new umbrella brands.
Amazon’s ad services and products evolved over time as it built out its stack of offerings. This evolution, however unwieldy, has helped Amazon attract a stable of advertisers ranging from small third-party sellers to major brands. SVP of Amazon Advertising Paul Kotas in the announcement that Amazon now has hundreds of thousands of advertisers:
We’ve unified our product offerings under the name “Amazon Advertising.” This is another step towards our goal of providing advertising solutions that are simple and intuitive for the hundreds of thousands of advertisers who use our products to help grow their business.
That number still pales in comparison to Facebook and Google’s banks of advertisers that number in the millions, but illustrates just how quickly Amazon has been able to build a fast-growing advertising business in a relatively stealth manner. Amazon doesn’t break out advertising revenues separately in its earnings reports, but its “other” revenue category largely constitutes advertising. In Q2 2018, the company reported “other” revenues above $2 billion for the second consecutive quarter, more than double the prior year.
Amazon is also testing an attribution solution to help advertisers get a better sense of how their ads with Amazon perform compared to other channels such as search, display and video.
This marketing news is not the copyright of Scott.Services – please click here to see the original source of this article. Author: Ginny Marvin
For more SEO, PPC, internet marketing news please check out https://news.scott.services
Why not check out our SEO, PPC marketing services at https://www.scott.services
We’re also on:
https://www.facebook.com/scottdotservices/
https://twitter.com/scottdsmith
https://plus.google.com/112865305341039147737
The post Amazon streamlines ad products under new Amazon Advertising brand appeared first on Scott.Services Online Marketing News.
source https://news.scott.services/amazon-streamlines-ad-products-under-new-amazon-advertising-brand/
No comments:
Post a Comment