Ecommerce Braintrust

Unpacking the Digital Shelf with Ross Walker: Wringing Performance out of Amazon Marketing Cloud - Episode 316


Listen Later

In this episode of The Ecommerce Braintrust, host Kiri Masters shares a special replay from "Unpacking the Digital Shelf," presented by our friends over at the Digital Shelf Institute, Peter Crosby and Lauren Livak. They’re diving into the realm of Amazon Marketing Cloud, an open database that provides deeply insightful data for advertisers, with Ross Walker, the retail media team lead at Acadia, joining them to unfold the complexities of AMC and, more importantly, how to use it to our advantage. Whether you're an executive, an e-commerce manager, or a budding data analyst, get ready for a knowledge-packed session.

Make sure you tune in to find out more!

In today’s episode, Peter, Lauren and Ross discuss:

- AMC offers the ability to positively target customers based on specific behaviors, which includes customers who added items to the cart but didn't purchase.

- Use of the AMC in remarketing to customers who were previously exposed to a campaign.

- AMC helps brands identify their prime products for generating new customers and aids in making wise marketing decisions.

- Introduction to the ASIN Overlap report aiding in predicting customers' future purchases.

- Differences in the adoption and usage maturity of the AMC among clients, ranging from unawareness to sophisticated usage.

- Successful clients often have internal abilities and use AMC data for informed marketing decisions.

- Importance and significance of the 'New to brand' metric for Amazon sellers and vendors.

- Insights offered by AMC allow a better understanding of marketing performance from a new-to-brand perspective. 

- The emergence of the incremental ROAS concept for assessing sales lift and ROAS due to increased ad spending.

- Potential improvements for Amazon Media Console, such as AI capabilities for natural language queries.

- Recommendations for incorporating AMC into future strategies by tracking new-to-brand campaigns.

- Challenges in effective utilization of data when outsourcing AMC insights to third-party tools.

- The bystander effect of very few brands using AMC to upload and anonymize CRM data to target customers through Amazon DSP.

- The importance of the 'New to brand' metric surfaced by AMC in evaluating the effectiveness of campaigns in attracting new customers.

- Possible shift towards a focus on acquiring new customers rather than upselling to existing ones in uncertain economic times.

- Features of AMC being complex and requiring understanding of writing SQL code.

- Explanation of the queries AMC offers for various stakeholders to get insights into their advertising performance. 

- The use of AMC in providing broader picture of a brand's performance on Amazon. 

- Use of AMC to target audiences based on shopper behavior, location, and other factors.

...more
View all episodesView all episodes
Download on the App Store

Ecommerce BraintrustBy Julie Spear

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

42 ratings


More shows like Ecommerce Braintrust

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,164 Listeners

Motley Fool Money by The Motley Fool

Motley Fool Money

3,178 Listeners

The Jason & Scot Show - E-Commerce And Retail News by Jason "Retailgeek" Goldberg, Publicis & Scot Wingo, Channel Advisor

The Jason & Scot Show - E-Commerce And Retail News

275 Listeners

AM/PM Podcast by Kevin King

AM/PM Podcast

211 Listeners

Founders by David Senra

Founders

1,906 Listeners

Pod Save America by Crooked Media

Pod Save America

86,615 Listeners

The Daily by The New York Times

The Daily

111,785 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,052 Listeners

My First Million by Hubspot Media

My First Million

2,620 Listeners

Unpacking the Digital Shelf by Digital Shelf Institute

Unpacking the Digital Shelf

63 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,155 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,543 Listeners

Italiano con Amore by Eleonora Silanus

Italiano con Amore

193 Listeners

Retail Media Breakfast Club by Kiri Masters

Retail Media Breakfast Club

8 Listeners

Retailgentic by Scot Wingo

Retailgentic

1 Listeners