The frenetic omnichannel ecommerce landscape creates a specific problem for brands - how do you grow market share when target shoppers are in so many different places at once?
Amazon’s Demand Side Platform (DSP) and the Sponsored Display self-service advertising solution are currently helping brands address this problem.
“Brands that rely solely on Amazon’s native PPC advertising are leaving money on the table,” explains Bobsled Advertising Director Stefan Jordev. “Ecommerce customers are savvy - they tend to shop around before making a purchase decision. By utilizing Sponsored Display and DSP, brands are broadening their horizons and tapping into new types of traffic.”
Find a brief recap of the webinar below.
Although many customers go straight to Amazon, the majority of ecommerce shoppers browse through multiple channels before making a purchase. Therefore, it’s important for your brand to stay top of mind at every phase of the journey. Sponsored Display and DSP are effective tools that brands can utilize to get an edge over the competition.
There’s no minimum spend when it comes to Sponsored Display advertising. This means brands can scale display ad campaigns and spend with extreme efficiency, and gather incredibly useful audience information which can be applied across all sales channels.
At a certain point, you’ll be ready to progress to DSP, which typically requires more budget and oversight.
“With DSP, brands can build off their Sponsored Display insights, and really push the envelope with display and video campaigns,” Stefan says. “The key to DSP is having a clear understanding of how to interpret the massive amount of data at your fingertips, so you can develop hyper focused campaigns.”
Many struggle to understand the nuances between the ad platforms. For a deep dive blog post on the specific similarities and differences, check out Amazon Sponsored Display vs DSP.
Here’s a 3-point breakdown of how to use the platforms in tandem.