Amazon continues to make serious inroads into the advertising business. Its latest move: a new office in Manhattan that it says will bring 2,000 jobs, mostly in advertising, to the city — and closer to Madison Avenue.
Multiple media agency executives in New York said they’ve been hearing more from Amazon reps who are trying to sell them and their clients on Amazon advertising. Another executive said he’s hearing from Amazon more, and Amazon has hired programmatic specialists from his agency in New York.
Amazon’s sales team for advertising is growing fast: It’s different from other platforms in that its team works cross-functionally across advertising and retail. For larger brands, Amazon has dedicated teams. The company has had a team in New York for many years but also has big ad presences in other places including Tokyo and Paris — “anywhere there are ad agencies in place,” said Saurabh Sharma, director of programmatic at Amazon.
Amazon is increasingly trying to pitch to what the company dubs “non-endemic” advertisers — brands that don’t sell on Amazon.