#amazon

Amazon

Thread

Mark H July 26, 2024 at 01:24 PM

any thoughts on prime video?

Curtis Rummel July 26, 2024 at 03:08 PM

with regards to what?

Mark H July 26, 2024 at 03:24 PM

spend, performance, brand lift, conversion lift, attr roas, cpm, search lift, contr to bCAC, contr to cvr .. i can go on i think šŸ˜„

Curtis Rummel July 26, 2024 at 03:27 PM

are you currently running OTT/CTV?

Mark H July 26, 2024 at 03:31 PM

yeah

Curtis Rummel July 26, 2024 at 07:09 PM

i asked my team on their POV: spend is pretty much unlimited so no concerns there. we can do brand lift and have seen good search lift on that in the past with lesser impact on conversion lift. Generally not great for direct response performance obviously, but where the performance-specific win is if Amazon is a significant channel for someone, you can pair DSP ads with people who have seen the STV ad and drive them down the funnel. Plus, lots of opportunity now to use AMC to see different path-to-conversions / time-to-conversion to see how STV is impacting the channel (+ AMC custom audiences).

Curtis Rummel July 26, 2024 at 07:16 PM

also, per Nielson for June 2024:
• Prime Video has 3.1% of total TV usage (2nd highest streaming %, Netflix is #1)
• Streaming TV is 40% of total TV usage

Mark H July 26, 2024 at 07:20 PM

thanks - two things, AMC to path to conv doesn’t include PV just yet, only stv (maybe it is now that that PD is done)

2nd, while i can see the relationship between PV and amazon which, to a point, might be true… i dont see how a TV impression can lead the viewer to automatically assume amz being the destination. tv is tv - people choose their own adventure after that (unless there’s a qr code taking them to amz pdp)

Curtis Rummel July 26, 2024 at 07:52 PM

yep, you can see PV in path to conversions with supply_source = "Prime Video ads"

Curtis Rummel July 26, 2024 at 07:54 PM

I don't think it's assumed that Amazon is the destination they are expected to look at, I just think it is the place most consumers end up going

Curtis Rummel July 26, 2024 at 07:58 PM

and the higher connection with PV/Amazon I think is partially explained by some of their (notably self-serving & pretty old) data
• Prime Video households spend 22% more per month in the Amazon store than non–Prime Video households.
• On average, 84% of Prime Video households have shopped on Amazon.

Mark H July 26, 2024 at 08:00 PM

yeah the data is fishy because they opened it only to a handful of brands back in sept before opening it to all earlier this year - so of course there’s better data with the handful of brands due to first mover advantage and low number of ad runs

Mark H July 26, 2024 at 08:00 PM

thanks for sharing that about pulling PV in path!

Mark H July 26, 2024 at 08:01 PM

my expectation, i guess, is to see a sizable brand lift across the board (not just amz)

Mark H July 26, 2024 at 08:01 PM

while im seeing a little, im not seeing as much as i had hoped

Curtis Rummel July 26, 2024 at 08:01 PM

to your point though, no idea when they added PV to be selectable via supply_source

Mark H July 26, 2024 at 08:01 PM

and thought is that im right to be expecting as such because its a new format and not many advertisers are in there

Mark H July 26, 2024 at 08:02 PM

it kinda makes sense because they might open that supply path to other biddable providers?

Curtis Rummel July 26, 2024 at 08:02 PM

yeah absolutely, I think it would lift across all channels

Mark H July 26, 2024 at 08:02 PM

exactly, ’cept it didnt..

Mark H July 26, 2024 at 08:02 PM

it was a low hum of an increase which was a big fat whoop

Curtis Rummel July 26, 2024 at 08:03 PM

my assumption is it stays exclusive to Amazon, they sell upfronts, start bringing in "Sponsored TV" advertisers into it, etc

Curtis Rummel July 26, 2024 at 08:04 PM

do you bring in 1p data to AMC?

Mark H July 26, 2024 at 08:05 PM

good point, the first upfront they did apparently had a lot of interest, but then they raised the minimums

Mark H July 26, 2024 at 08:05 PM

and kept minimums low if you become ā€œ1 of 3ā€ commercials etc

Mark H July 26, 2024 at 08:05 PM

yeah as of now its a monthly 1p upload

Mark H July 26, 2024 at 08:06 PM

trying to figure out a way to link it or do it via cdp, but for now its manual

Curtis Rummel July 26, 2024 at 08:12 PM

thats probably good enough though

i just see PV as a piece of the full STV pie and need to be everywhere, would be interesting to see the path to conversion though to see how its playing into everything

Mark H July 26, 2024 at 08:16 PM

problem is this time we only did PV lol

Mark H July 26, 2024 at 08:16 PM

turned off STV

Mark H July 26, 2024 at 08:16 PM

to see the viability of PV