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Amazon's fastest new growing business segment…

Amazon's fastest new growing business segment…

FromMarketing School - Digital Marketing and Online Marketing Tips


Amazon's fastest new growing business segment…

FromMarketing School - Digital Marketing and Online Marketing Tips

ratings:
Length:
5 minutes
Released:
Nov 21, 2023
Format:
Podcast episode

Description

In episode #2613, We discuss Amazon's fastest-growing business segment. We're excited to highlight the impressive growth rate of Amazon's advertising services, as it's outpacing its online stores and third-party sellers. We also explore the various ways Amazon is leveraging advertising, including within their own movies and shows. Our conversation touches on the future of Amazon as an ad platform and the potential impact on sellers. Overall, our discussion emphasizes the significance of Amazon's advertising revenue and its potential for further growth.Don’t forget to help us grow by subscribing and liking on YouTube!Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) TIME-STAMPED SHOW NOTES:

(00:00) Today’s topic: Amazon's fastest new growing business segment…

(00:09) Neil mentions that Amazon's fastest-growing revenue sector is advertising

(00:24) Eric shares the growth rates of different segments: online stores, third-party sellers, and advertising services

(01:07) Neil mentions that Amazon's advertising revenue for the quarter is $12.1 billion

(01:25) Discussion on how Amazon is becoming an ad platform

(02:00) Neil disagrees and says Amazon is a holding company

(02:50) Future of Amazon: more ads, more fees; future for sellers: less margin

(03:14) Neil explains the advertising opportunities within Amazon's movies and shows

(04:19) Neil discusses the popularity of Amazon Prime and its TV version

(05:06) That’s it for today! Don’t forget to rate, review, and subscribe!
Go to https://www.marketingschool.io to learn more!Links Mentioned in Today’s Episode:CNBC article on Amazon’s advertising revenueLeave Some Feedback:
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Connect with Us: 

Single Grain << Eric’s ad agency

NP Digital << Neil’s ad agency

X @neilpatel 
X @ericosiu
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Released:
Nov 21, 2023
Format:
Podcast episode

Titles in the series (100)

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or an established business, learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing tactics that work today. With over 35 million downloads and 1,400 episodes, you're sure to find something that will help you grow faster. If you're interested in being a guest on the show, e-mail eric@singlegrain.com to get on the waitlist.