Amazon becomes the biggest advertiser in history after spending $16.9bn last year
Amazon has revealed it spent $16.9 billion (£12.5 billion) on advertising last year, likely making it the largest advertiser in history.
The ecommerce behemoth said “advertising and other promotional costs to market our products and services” leapt by 55% to $6 billion.
It saw its net sales rise consistently over the course of the pandemic from $280.5 billion in 2019 to $470 billion last year.
Amazon’s total marketing costs, which include wages and sales commission for cloud platform Amazon Web Services (AWS), rose 48% to $32.6bn in 2021.
Charged Retail
Related news
Amazon’s quarterly profit jumps and revenue increases
E-commerce giant Amazon reported better-than-expected first-quarter earnings and revenue. The…
Read more >Targeting or Over-Targeting? – The New Marketing Dilemma
With billions of ad impressions, the key to marketing success…
Read more >Amazon hits back: responds to US tariff hike by canceling Chinese orders
A new chapter in the trade war in e-commerce –…
Read more >Related news
Nestlé rolls out KitKat chocolate tablets in Romania
Nestlé has launched a new 99g KitKat chocolate tablet line…
Read more >North Macedonian Discounter Stokomak Expands To Serbia
North Macedonia’s hard discounter Stokomak has launched its first Serbian…
Read more >Barilla debuts Al Bronzo collection
Barilla has announced the return of its Al Bronzo pasta…
Read more >