Amazon Has Slashed Its US Ad Spend by $700 Million This Year

As Amazon’s revenue and stock price continue to climb, the company is also pulling back. Between January and August, Amazon cut its U.S. ad spend by 20%–equivalent to $700 million–compared to the same time in 2023, according to estimates from ad intelligence platform MediaRadar. The drop from $3.4 billion to $2.7 billion comes amid other…As Amazon’s revenue and stock price continue to climb, the company is also pulling back. Between January and August, Amazon cut its U.S. ad spend by 20%–equivalent to $700 million–compared to the same time in 2023, according to estimates from ad intelligence platform MediaRadar. The drop from $3.4 billion to $2.7 billion comes amid other… Read More

Full text for top nursing and allied health literature.

X