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Now that digital and social media are reaching what Wal-Mart U.S. Chief Marketing Officer Stephen Quinn calls "critical mass," the retail giant is reshaping its marketing team and changing how it works with suppliers — including buying media for them. Wal-Mart met recently with around 200 supplier marketing executives in part to discuss the Walmart Exchange, or WMX, which its executives bill as a digital targeting, buying and optimization platform that will bring everything from sales to social media data to bear on spending plans for Wal-Mart and its suppliers.
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