Sreenath Reddy, the Co-Founder & CEO of Intentwise, has 20 years of experience in the digital advertising and data analytics space. He is an AI-geek and is passionate about applying AI to solve marketplace eCommerce challenges.
Designed for professionals from Amazon agencies and high-volume brands selling on Amazon, this webinar dives into leveraging Amazon data to the fullest—bringing together two forward-thinkers from a brand and an agency.
In Q1 2022, Amazon's net sales grew by 7%, while operating income came in at $3.7 billion, both of which were within guidance. However, Amazon reported its first quarterly net loss since 2015. Ad revenue continued to grow, albeit at a slower pace.
Learn more about Amazon 2020 – Q3 Earnings Highlights. Amazon's net sales were up 37% to $96.1B. Advertising and 3P services were the top growth drivers. Physical store sales have declined as expected. Advertising revenue is up 49% YoY. Year-to-date advertising revenue is around $14B. We expect 2020 ad revenue to be between $20B to $25B.