Amazon’s Growing Ad Business

Benedict Evans on TV, retail, and advertising. Inevitiably, he references Amazon and their growing ad business:

There’s a famous Jeff Bezos quote that ‘your margin is my opportunity’ – right now Amazon is building a billion dollar ad business in its own search results, but I suspect he also looks at the $500bn that’s spent every year on advertising and the further $500bn that’s spent on marketing and sees money that should be going to lower prices and same-day or 1-hour delivery.

from the post TV, retail, advertising and cascading collapses at Benedict Evans

Andrew @ EcomLoop
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