Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (43273)	3/1/1999 8:41:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Jan, I know you loved Wells Fargo. It appears that Wells loves the "Thing" too. >> SAN FRANCISCO, March 1 (Reuters) - Making use of an audience that is sure to be watching, Wells Fargo said on Monday it was launching animated advertisements on the screens of some of its automatic teller banking machines. Online book and music seller Amazon.com will be the first to advertise on more than 340 Wells Fargo ATMs in San Francisco, San Jose, Marin, San Mateo, Contra Costa and Alameda counties in California, Wells Fargo said. The San Francisco-based bank said it would gradually roll out the ad-ready ATMs, called the Media Express ATM Network, into other areas in some 21 states. The bank said that AT&T, among other businesses, will begin advertising later this spring. Ads also will appear on the backs of transaction receipts. "As far as we know, we're the first bank in the country to offer an integrated and targeted marketing concept to outside businesses through the ATM," said Barry McCarthy, vice president of Express Banking at Wells Fargo. When a customer makes a transaction at the ATM, ads will appear on the "Welcome," "Transaction Processing," and the "Thank You" screens. Ads and special offers also will be pre-printed on the back of transaction receipts. For example, Amazon.com is using the transaction receipt to offer customers who enroll for Wells Fargo Online Banking a $10 discount off any Amazon.com purchase. Later this spring, AT&T will use the receipts to offer discounted Internet access. Because the technology enables faster transaction service to customers, the advertisements do not lengthen the transaction time, the company said. The ads are animated but not interactive, said Wells Fargo spokeswoman Lisa Rossi. She said that in testing, consumers seemed to like the idea. "We found that they didn't have problems with the advertising. They liked the entertainment at the ATM," Rossi said. Rossi would not say how much Wells Fargo would charge for the ads, nor how much revenue the company expected to generate from the program. Wells Fargo also said it would donate screen space to community organizations in the markets where the ATMs are located.<< Ps The Bezos PR machine is the best. Kind of like William. Don't you you think??