Amazon already has an ad exchange up and running that some people believe is already making $500 million in sales. Because Amazon can potentially use its vast database of consumers' purchase histories to target ads, many refer to it as the Sleeping Giant of the online ad business. (eBay, by that logic, is the Second-Hand Sleeping Giant).
Dave Martin, svp of media at Los Angeles-based agency Ignited, said that eBay has compiled shopper segments like people looking for or buying auto, clothing, music or books that advertisers can target via a self-serve real-time bidding platform or working directly with eBay's sales teams.
eBay has been running a pilot ad exchange in the U.K. (if you can call an entire country a pilot), with 17 million monthly users and 5 billion impressions.
eBay also hired former Turn sales exec Glenn Fishback to become svp/digital media services and strategy at GSI Commerce, an eBay acquisition, Adweek notes. GSI is an enterprise marketing services operation that also does online ad analytics. It's not clear how GSI fits into eBay's online ad plans — except that it's another signal that the company is investing in the area (and Turn, of course, is a demand-side platform).
Who can you reach on eBay? Ignited's Martin put it this way:
If I want an autographed baseball card from a 1952 [Boston Red Sox] player, I can’t get that from Amazon.
More From Business Insider
- Now Mountain Dew Bought Promoted Tweet To Apologize For #Fail 'Racist' Ad [THE BRIEF]
- Here's That Awkward New Nicole Kidman Ad For Vitamins
- AD OF THE DAY: This Miniature Universe Of Clockwork Watch Parts Is Incredibly Beautiful
- Finance Trading
- Personal Investing Ideas & Strategies