Guide to Amazon DSP (Demand-Side Platform) [2019 Update]
Finding that elusive customer. At times, it may feel like a game of hide and seek. Your product may be readily accessible but connecting with your actual customer still remains a challenge. As a successful vendor or brand looking to grow in the vast eCommerce landscape, your business simply cannot afford to wait for customers to accidentally discover your products. To solve this critical challenge, Amazon has developed Amazon DSP (Demand-Side Platform) as a solution for scaling marketing and advertising strategies to drive sales.
What is Amazon DSP?
Amazon DSP is a demand-side platform that allows buyers of digital advertising inventory to manage multiple ad and data exchange accounts through a single interface. Amazon Demand-Side Platform offers power and flexibility by providing brands the ability to self-manage programmatic digital media campaigns which means advertisers have extensive opportunities to drive awareness, consideration and sales on and off the Amazon platform. Not only can ads be scaled at large to target qualified in-market shoppers across all Amazon owned-and-operated sites and apps, but you can also reach shoppers across all leading publishers’ sites and apps as well as through the largest third-party exchanges.
During campaign creation and optimization, advertisers possess the ability to create custom audience segments specific to their products and categories to ensure a highly relevant user experience. This is due in large part to Amazon’s exclusive 1st party shopper data that is refreshed in real time, providing best in class in-market targeting capabilities. Amazon’s ability to know when a customer makes a purchase, and adjust ad targeting accordingly creates a huge advantage over other demand-side-platforms that often utilize outdated or stale data. Furthermore, Amazon DSP provides full-funnel reporting metrics including domain level reporting and audience insights data which enables advertisers to better understand the path to purchase, from when the ad was first served to specific actions the customer takes after.
How to Use Amazon Demand-Side Platform
Amazon DSP allows advertisers to execute and optimize programmatic digital media campaigns focused on driving awareness, consideration and sales. It provides highly accurate in-market targeting using exclusive 1st party shopper data that is refreshed in real time, enabling ads to be served to customers in a relevant and timely manner. Incorporating Amazon DSP into your overall marketing strategy will help target customers at various points during their shopping journey. Amazon DSP is one of the most effective Amazon tools for brands looking to take their advertising strategies and sales performance to the next level.
As a preferred provider who understands how your brand can leverage Amazon DSP, let the team at Orca Pacific develop and implement strategies that are tailored to your unique business needs. Learn more about our Amazon advertising services and contact us to get started maximizing your potential on Amazon.