Updates with PVSB

The rise in Retail Media Networks (RMNs)

In recent months, there’s been a noticeable surge in retail media networks either emerging or undergoing significant rebranding. Major players such as The Home Depot, CitrusAd, and JPMorgan Chase have all recently made moves in this space.

Peter V.S. Bond
May 15, 2024

This raises an intriguing question: why are so many companies choosing to become publishers? In this episode, Peter V.S. Bond breaks down:

• The role of retail media networks in monetizing first-party data and offering closed-loop reporting.

• The challenges advertisers face with managing multiple networks and the lack of standardization.

• Insights from Digiday's study on Georgia-Pacific’s strategy, highlighting their consolidation of spending across seven networks after testing over twenty-five.

• The future of retail media networks, including the benefits for emerging and localized brands versus large enterprise brands.

• Recommendations for prioritizing networks with full-funnel ad units, strong measurable performance, and broad scale.

Peter V.S. Bond
Strategic Partnership Acceleration Lead

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