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News: Amazon

Advertising on Prime Video: 5 billion dollars in revenue expected

Amazon has already announced the placement of advertising on Prime Video. Now there are initial estimates of how lucrative this is likely to be.

  • Amazon is expected to sell $3 billion in video advertising this year and earn an additional $1.8 billion from Prime subscribers who pay the fee to avoid advertising.
  • An estimated 70% of Prime subscribers will choose to watch ads instead of paying the fee.
  • Advertising will launch in North America on January 29 and internationally on February 5.

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News: E-Commerce

New insights into shopping behavior in EU countries

consumer report from AliExpress reveals new insights regarding the European e-commerce market and consumer behavior.

  • AliExpress surveyed over 4,000 shoppers about their online shopping habits in France, Germany, Spain and the UK towards the end of 2023.
  • 50% of consumers have used an online marketplace in the last 3 months.
  • Social commerce is most popular among 16-24-year-olds (26%), compared to 55-year-olds (8%) who prefer to visit retailers’ websites directly.

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News: AI in Online Retail

Amazon uses AI to help customers find the right outfit

In the fight against the large number of returns in the fashion segment, Amazon is now supported by AI. In addition to an algorithm that recommends the right size in real time, there is:

  • A rating highlight that is based on the recommended size and takes common themes in the ratings into account.
  • Optimized size charts to improve their accuracy and show relevant information in an appealing way.
  • Fit insights for brands and distributors to understand fitting issues and improve sizing communication.

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Source: Remazing Amazon Shopper Report 2023 by Remazing & Appinio

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Sam Armstrong
As content manager for the UK, Sam works with local and global clients to optimise their Amazon presence. He knows the British Amazon market very well and shares his perspectives on trends, chances and challenges on our blog.

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