1 2 From Reading to Streaming: How Amazon is Transforming Everyday - - PowerPoint PPT Presentation
1 2 From Reading to Streaming: How Amazon is Transforming Everyday - - PowerPoint PPT Presentation
1 2 From Reading to Streaming: How Amazon is Transforming Everyday Moments Through Insight and Technology Presented by: Richie Brown, Media and Advertising Partnerships 3 Agenda Amazons key focus for innovation How your communities are
From Reading to Streaming: How Amazon is Transforming Everyday Moments Through Insight and Technology
Presented by: Richie Brown, Media and Advertising PartnershipsAgenda
Amazon’s key focus for innovation How your communities are interacting with Amazon technology during the pandemic What to know about marketing to your renters considering your properties- f Jack Ryan
- n my Kindle
Customers interact with Amazon throughout their day
5 Amazon Confidential |What drives Amazon to surprise and delight customers?
From the original 1997 Letter to Shareholders:
Obsess Over Customers From the beginning, our focus has been on offering our customers compelling value. We realized that the Web was, and still is, the World Wide Wait. Therefore, we set- ut to offer customers something they simply could not get any other way, and
Starting with the customer and working backwards
2X
- f Alexa interactions each
BILLIONS
Amazon Music members worldwide55MM
Active Fire TV users worldwide40M
US Cities and towns with free grocery delivery from Amazon Fresh, Whole Foods Market2,000
Amazon Prime members worldwide150M
Two key tools for families during quarantine: Alexa & Fire TV
- f Alexa interactions
BILLIONS
Alexa Echo Family
Next year, half of US households will have a smart speaker
Smart speaker household penetration rate U.S. 2014-2025 Source(s): Loup Ventures; Statista ID 1022847 0.5% 2.5% 8% 12.5% 28% 35% 40% 50% 60% 65% 70% 75% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 HOUSEHOLD PENETRATION RATE 2How are your communities using Alexa & Echo during the pandemic?
Compared to before the COVID-19 outbreak, do you use your smart speaker to listen to news and information more?
Listening to news on smart speakers during coronavirus in the U.S. 2020, by age Source(s): NPR; Edison Research; March 31 to April 1, 2020; 18 years and older; 1,660 Respondents; Smart speaker owners 50% 32% 16% 35% 36% 62% 78% 56% 14% 6% 6% 9% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% 18-34 years 35-54 years 55 years and older Total More Same amount Less Share of respondents 240M
Active Fire TV users worldwideFire TV Family
How are your communities using streaming video during the pandemic?
Nearly ½ of people under 55 consuming streaming video
Amazon Fire TV users are taking advantage of fitness apps
Searches by title name + “free” are also trending up
IMDb TV does not require a paid Amazon Prime membership to access popular TV shows and movies.Apartments.com Audience analysis
What is the audience composition- f people browsing units on
more likely to be in-market for living room furniture sets
more likely to be in-market for kitchen and dining room furnishings
3.5x
more likely to be in-market for women’s athletic clothing and fitness accessories
2.5x
more likely to be preparing for a wedding
more likely to be in-market for corrugated packing boxes
2.4x
more likely to be in their 20’s
How can these learnings be applied to acquiring and retaining tenants?
Considerations for new tenant acquisition
Reach renters on streaming video and smart speakers. Promotions related to furnishings, decorations, digital subscriptions, and devices can entice renters Highlighting digital media- friendly features appeals to tech savvy audience.Considerations for tenant retainment
Make tenant/management communication easier. Help tenants decrease living costs with smart tech for climate, lights and outlets. Offering safe, shared exercise equipment that use popular, app-based classes