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Prime Video proves critics wrong!


Just a few months ago, Prime Video was struggling to attract ad sponsors. But now, things have taken a dramatic turn. In just three months since launching ads, Prime Video has started to impress advertisers. Five top TV ad buyers have reported positive results, with advertisers seeing increased sales on Amazon.

Predictions suggest that Prime Video could capture up to 15% of advertisers’ video budgets this year, putting it in the same league as YouTube and Hulu. One key factor in Prime Video’s success is its flexibility with pricing. Initially charging $30 per thousand views, it has now adopted more competitive rates. Additionally, Prime Video is going the extra mile to ensure advertisers meet their goals by reaching a larger audience than anticipated.

Financial experts are optimistic about Prime Video’s potential, estimating that it could generate over $5 billion for Amazon, primarily from ads. Furthermore, revenue from viewers who pay to skip ads adds another layer of profit. This dual revenue stream poses a significant threat to traditional TV companies like Comcast and Disney.

The progress Prime Video has made in the ad market is remarkable. Despite initial skepticism, the platform has exceeded expectations, proving its critics wrong. This success story underscores Prime Video’s emergence as a major player in the advertising landscape.

Prime Video's swift ascent in the ad market is a best example to its adaptability and effectiveness in delivering results for advertisers. With its competitive pricing and ability to reach a wide audience, Prime Video is poised to continue its impressive growth trajectory, reshaping the advertising industry in the process.


( Source : Deccan Chronicle )
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