Listen "Andrew Ruegger"
Episode Synopsis
Retailers have made a bigger push into the digital advertising market as brands seek to reach consumers when they're most ready to shop, or to engage target audiences based on other data signals. Amazon has led this growth, becoming the third-biggest digital ad platform after Google and Facebook, while retail chains as varied as Walmart, Target, CVS, Macy's, Albertsons, Kroger and Walgreens also have entered the market. "Because a retailer owns the point of sale and has a broad physical footprint, in theory they have superior data assets," Andrew Ruegger, global president of commerce at WPP's GroupM, said in this #BeetCast interview. "They have loyalty programs, but they have a high volume of transactions – so, it's refreshed and accurate." Ruegger discusses the advantages and disadvantages of retail media channels, and how marketers can potentially participate in data-driven strategies to reach online consumers at all parts of the purchase funnel. The lower-funnel activities include shoppable video and interacting with customers on social media apps such as Snapchat. To find where you can subscribe to the BeetCast, visit this page. The BeetCast is sponsored by Mediaocean.
More episodes of the podcast BeetCast
Stephanie Dorman
28/03/2022
Preview of the Beet Retreat San Juan
14/03/2022
Louqman Parampath
28/02/2022
Sean Cunningham
14/02/2022
Sarah Personette with Doug Rozen
07/02/2022
Brian Weiser
24/01/2022
Nathan Brown
17/01/2022
Rishad Tobaccowala
10/01/2022
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.