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Brands Report Significant Increase in Spending on Amazon and Walmart.com Advertising
Despite economic challenges impacting consumers’ discretionary spending, and advertising costs on the rise, recent research from Feedvisor shows brands plan to dedicate 23% of their media budgets to Amazon advertising. And 60% plan to increase their Walmart advertising budgets, with almost a third (29%) envisioning increasing to 50% of their spend.
Check out the full research report here or read the highlights in our latest press release.
About Feedvisor
Feedvisor is the “AI-first” optimization and intelligence platform working with hundreds of the largest brands and sellers on Amazon, Walmart, and e-marketplaces. Feedvisor’s platform and team of experts offer best-in-class advertising campaign optimization, patented pricing technology, brand and content management, and data-backed intelligence to drive demand, profit, and revenue growth. For more information about Feedvisor, visit feedvisor.com.
Media Contact
Marissa Incitti
Feedvisor, Associate Director of Content
347.803.2758