Amazon PPC Advertising > Methodology > Advertising Funnel
An advertising funnel is a strategic framework that guides potential customers through various stages of the buying journey, from initial awareness of a product or service to the ultimate conversion. The purpose of the funnel is to nurture and engage prospects at each stage, gradually moving them toward making a purchase decision. Here are the typical stages of an advertising funnel:
Awareness:
- Objective: Introduce the brand or product to a wide audience.
- Content: Engaging and attention-grabbing content through ads, social media, and other awareness-focused channels.
Interest:
- Objective: Capture the interest of individuals who have shown initial curiosity.
- Content: Informative and educational content, such as blog posts, videos, and webinars, highlighting product features or benefits.
Consideration:
- Objective: Convince potential customers to consider the product seriously.
- Content: Detailed product information, case studies, reviews, and comparison guides.
Purchase:
- Objective: Facilitate the actual conversion or sale.
- Content: Streamlined and persuasive content on dedicated landing pages, clear calls-to-action (CTAs), and an easy checkout process.
Loyalty:
- Objective: Foster long-term relationships and repeat business.
- Content: Exclusive offers, loyalty programs, and personalized communication to retain customer loyalty.
Advocacy:
- Objective: Turn satisfied customers into advocates who promote the brand.
- Content: Encourage reviews, testimonials, and referral programs.
Amazon DSP Ads
Amazon DSP (Demand-Side Platform) is a robust programmatic advertising platform provided by Amazon that allows advertisers to purchase display, video, and audio ads programmatically. It's a powerful tool for reaching audiences both on and off Amazon, utilizing Amazon's rich shopper data for precise targeting.
Key Features of Amazon DSP
Audience Targeting:
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Use Amazon's first-party shopper data to target audiences based on their shopping behaviors, demographics, and interests.
- Options include lookalike audiences, in-market segments, lifestyle segments, and retargeting.
Ad Formats:
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Display Ads: Appear on Amazon.com, affiliate sites, and apps.
- Video Ads: High-quality, engaging video content on Amazon-owned sites like IMDb, Fire TV, and other networks.
- Audio Ads: Reach audiences through Amazon Music's ad-supported tier.
Inventory Access:
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Access to Amazon-owned and third-party sites.
- Includes placements on Amazon’s O&O properties (e.g., Kindle, Fire Tablet, and Alexa).
Full-Funnel Advertising:
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Drive awareness, consideration, and conversions by strategically using DSP campaigns at different stages of the funnel.
Advanced Reporting and Analytics:
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Detailed metrics to measure campaign performance, including impressions, CTR, ROAS, and conversion tracking.
Retargeting Capabilities:
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Reach customers who viewed or purchased specific products.
- Cross-sell or upsell related products to past buyers.
Benefits of Using Amazon DSP
Reach Beyond Amazon:
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Advertisers can target audiences off Amazon while still leveraging Amazon’s shopper data.
Programmatic Efficiency:
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Automate the ad-buying process for efficiency and scalability.
Granular Targeting:
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Utilize Amazon’s data to segment and target audiences with precision.
Creative Flexibility:
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Customize ads to align with your branding and messaging goals.
Boost Brand Awareness:
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Ideal for driving awareness for brands not yet heavily searched on Amazon.
Retargeting Opportunities:
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Effective for re-engaging shoppers who didn’t convert initially.