Get All Access for $5/mo

Amazon Resumes Advertising on Twitter E-commerce behemoth Amazon will resume its advertising on Twitter of around $100 million per annum, according to reports. The confirmation will roll out after some security tweaks on the social media platform.

By Kavya Pillai

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Photo by Christian Wiediger on Unsplash

E-commerce behemoth Amazon will resume its advertising on Twitter of around $100 million per annum, according to reports. The confirmation will roll out after some security tweaks on the social media platform. These developments were followed after an email was sent from Twitter on Thursday addressing advertisers about the incentives offered to increase their ads on the platform post Elon Musk's takeover which is when several companies stopped advertising on the micro-blogging platform.

The mail read, "Biggest advertiser incentive ever on Twitter." The US advertiser who usually holds $500,000 in incremental spending will now qualify to match their spending by a "100% value add", with a $1 million cap, said the email.

During a Twitter Spaces talk, Musk declared that Apple is the largest Twitter advertiser and has also "fully resumed" advertising on Twitter.

Since Musk took over Twitter as the new owner, within his first month he halved the Twitter staff, which also included content moderators. This was followed by incidents of impersonation and widespread misinformation. The incident made advertisers cautious about using social media platforms.

Several companies such as General Mills Inc to luxury car company Audi paused their advertising on the platform. In November Musk shared that he has witnessed a drop in revenue that he described as "massive".

Reuters had reached out to Apple, Twitter and Amazon for a comment on the matter but they have not immediately responded to the request. Some reports suggest that Amazon had not officially stopped advertising on the platform after Musk's takeover.

Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.