Atventure Retail Group

Quick highlights from Amazon Q3 Earnings released last night, focusing just on the North American ecom business (not AWS / int’l): ?? Amazon’s North America Net Sales surged to $95.5B in Q3, up 9% year-over-year. ?? Operating Income climbed 31% Y/Y, showing Amazon’s focus on profitability even amidst growth. ?? With F/X adjustments, Operating Income rose by an impressive 32%, reflecting resilient performance across the board. ?? TTM Net Sales now stand at $377.4B with Operating Income reaching $22.2B – strong indicators of Amazon’s sustained market dominance. Nice flywheel momentum heading into Q4! #AmazonEarnings #Ecommerce #Growth #Amazon

Yesterday, Amazon officially announced the dates for their Amazon Prime Big Deal Days 2024 event. Just as my team predicted, Amazon’s Q4 holiday shopping kicks off on October 8-9 which falls on a Tuesday and Wednesday. The Prime Big Deal Days Lightning Deals event submission window is closed, but your brand can still participate via Standard or Subscribe and Save digital coupons! Please reach out if you have any questions – my Amazon team at Atventure Retail Group is more than happy to help! https://lnkd.in/gK48VjXC

?? Target Q2 2024 Earnings Snapshot for Brands Target just delivered a strong Q2 with revenue hitting $25.5B (up 2.7% YoY) and net earnings surging 43% to $1.2B. Traffic and sales growth were seen across all six core categories, which was nice to see. ?? As we move into Q3, Target expects another 1-2% sales increase. ?? They also added over 2M new Circle members. ?? For brands, this means staying agile and responsive to demand shifts, particularly in high-traffic categories. ?? Keep an eye on inventory alignment and collaboration opportunities to ride this growth wave. ?? We are meeting with Target consistently in-person these days, reach out if you need help there! #RetailGrowth #TargetPartners

Amazon announced Q2 2024 results last night. It was a mixed bag, but here were a few highlights we noticed for the Retail & Advertising segments: ?? Retail Performance: While Amazon’s Q2 retail revenue fell slightly short of expectations, the resilience of its e-commerce platform remains evident, with North America sales +9% YoY. The continued investment in optimizing retail operations (regionalized inventory leading to lower WOS carried) and customer experience suggests that Amazon is well-positioned to maintain its dominance in the retail sector. ?? Advertising Revenue Growth: Amazon’s advertising business has reached an impressive $50 billion in annual revenue, +20% YoY (2X faster than sales growth, showing the increased competition among brands and higher CPCs). Sponsored ads continue to be the primary driver, and Amazon sees substantial growth potential in video advertising. ?? Ads Partnership with Pinterest: Amazon’s partnership with Pinterest is a strategic move to embed its ads within a platform frequented by over 463 million monthly users. This collaboration not only enhances product discovery but also offers brands an innovative channel to engage with a broader, highly motivated audience interested in home, style, and lifestyle products. 3 quick recommendations for brands: ?? Optimize & Refresh your Amazon content: Better images, video, and A+ Content will improve conversion and give you a better shot to stand out & rise on Page ?? Invest in video content: Amazon's focus on video advertising will not be going away any time soon. Be ready for it! ????Leverage the Pinterest partnership: Sponsored Product ads already show on Pinterest and other third-party websites. Make sure your main image is highly engaging and thumb-stopping to drive incremental external traffic!

We are excited to announce our newest team member--Jamie Quinn! She joins us as a Senior Director of Sales and comes with lots of experience in the retail space. We are excited to have her on the team! Welcome, Jamie!