Keep Up With Amazon & Walmart Seller News – 03.27.2024 - BellaVix

Keep Up With Amazon & Walmart Seller News – 03.27.2024

Amazon-Walmart-weekly-News-Updates-BellaVix-02

 

Updated Custom Image Requirements for Amazon Sponsored Brands

  • Amazon has announced changes to the Sponsored Brands campaigns, particularly affecting the product collection ad format. From January 31, 2024, onwards, initiating new Sponsored Brands campaigns using the product collection will necessitate incorporating a custom image that complies with Amazon’s advertising policy. Campaigns existing before this mandate, which lack a custom image, are set to cease operation by May 31, 2024. Amazon advises advertisers to promptly integrate a custom image into their existing campaigns, with options to upload directly from their devices, select from the asset library, or utilize the GenAI image creation API beta for image generation. This adjustment underscores the importance of engaging branded visuals in enhancing campaign effectiveness on the platform. For detailed guidance on crafting impactful brand creatives, advertisers are encouraged to refer to Amazon’s dedicated resource page.

 

Leveraging Sponsored TV for Enhanced Campaign Insights

  • Amazon’s recent integration of Sponsored TV signals into the Amazon Marketing Cloud (AMC) offers advertisers enhanced insights into their ad campaigns, combining Amazon’s first-party shopping data with interactive ad formats. This update facilitates detailed analysis across various ad types, enabling advertisers to perform cross-media attribution, assess the overall performance of their campaigns, and understand customer journeys with greater depth. Notably, Sponsored TV has shown to significantly impact conversion attribution and reach, exemplifying its effectiveness in augmenting advertising strategies on Amazon. Advertisers can now leverage these insights for a more informed approach to campaign optimization.

Navigating the Future of Ad Addressability with Amazon Ads

Navigating the Future of Ad Addressability with Amazon Ads

  • Amazon’s presentation on the future of ad addressability outlines the evolving landscape and the company’s approach to ensuring advertiser success amidst growing privacy concerns and the decline of third-party cookies. The document emphasizes the importance of signal-based marketing, leveraging a wide range of consumer behaviors and contextual signals to reach and measure online ad spaces effectively. With 40% of global online browser traffic currently anonymous, this figure is expected to rise to 95% by 2024, prompting a shift towards more durable solutions that prioritize customer trust and advertiser performance. Amazon Ads introduces a suite of addressability products, including Amazon Audiences, Contextual Targeting, and Amazon Marketing Cloud, designed to enhance reach, measurement, and the overall effectiveness of advertising campaigns. These innovations aim to recover audience addressability, offer predictive frequency capping, and enable advertisers to utilize first-party signals, all while maintaining relevancy and building brand trust. Through examples and beta opportunities, Amazon showcases its commitment to driving forward with solutions that adapt to the changing digital advertising landscape, ensuring brands can continue to connect meaningfully with their target audiences.

 

Subscribe & Save Program Trends Show Decline

  • In 2023, participation in Amazon’s Subscribe & Save (S&S) program saw a slight decline, both in the number of shipments and items per order. Average annual S&S shipments per customer decreased from 10.3 to 9.2, and items per order slightly reduced from 2.3 to 2.2. Despite these downward trends, Amazon values the consistent engagement of S&S customers and is likely to bolster the program with more aggressive marketing to encourage increased frequency and volume of orders. Tracking these patterns will provide further insight into the effectiveness of such strategies.

Subscribe & Save Program Trends Show Decline

Keep up with the latest Amazon and Walmart news updates and subscribe to our BellaVix newsletter 👇👇👇