Retail media ad spending is projected to reach over $165 billion this year, making up more than a fifth of digital ad spend worldwide. However, this booming industry is built on shaky ground: retail media networks (RMNs) can’t actually prove who is seeing their ads. While retailers promise targeted advertising through first-party data, most can’t…
Greg Brunk
E-commerce holiday spending reached an impressive peak of $1.17 trillion in 2023, up 3 percent from 2022. If this trend continues — as many analysts expect — then retailers are in for a challenging but lucrative 2024 season. Retailers’ obstacle (or their opportunity) will be to capitalize on increased consumer spending while heeding shifting consumer…