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Amazon earmarks Rs 100-150 crore for advertising on TV, print and online in FY15 - The Economic Times
Amazon earmarks Rs 100-150 crore for advertising on TV, print and online in FY15 - The Economic Times
Amazon.com, the largest online retailer in the world, has launched an advertising blitzkrieg in India with a budget that not only dwarfs all its local peers but is also comparable with the country's largest retailer Future Group's ad spends.
Amazon India, which started marketplace operation just about a year ago, plans to spend Rs 100-150 crore on advertising this fiscal year, a person with direct knowledge of the company's marketing initiatives told ET. India's largest e-commerce firm Flipkart's annual advertising budget is estimated at about Rs 75 crore while Future Group's Big Bazaar is expected to spend an unprecedented Rs 250 crore this year.