Over the past two decades, global ecommerce giant, Amazon has focused on owning entire market verticals with books being the first market that it dominated. However, to think of Amazon as just an online retailer, would be underestimating the depth and breadth of its presence across multiple markets. Amazon’s ultimate aim is to curate the customer’s entire e-commerce journey. Amazon not only sells products; it also produces television shows and movies; publishes books; operates the world’s largest streaming video-game platform; manufactures a growing array of products. More recently the bright spot was Amazon’s advertising business, which appears to be picking up speed again.
Current size of Amazon’s advertising business
Amazon’s growing advertising network
Amazon’s advertising strategy
Increasing geographic reach
Valuable advertising segments & its direct competition
Product display ads
Headline SEARCH ads
Sponsored product ads
New advertising solutions
Will Amazon come under the scanner of ACCC?
List of charts/tables
Figure 1. Amazon revenue breakdown (2018)
Figure 2. Duopoly vs Amazon Share of Total US Digital Ad Spending, 2019 & 2020
Figure 3. Merging the worlds of Facebook, Google and Amazon Advertising