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5 Retail Media Trends You Need to Know for 2023

Advendio

Retail media is expected to grow further as we reach 2023, as more retailers capitalize on expanding customer data and focus on new revenue streams. This article will highlight five key trends that will accelerate retail media growth in 2023 and beyond. Retailers Are Launching Retail Media Networks.

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According to Optimove: Retail Marketing Executives Allocate Most of their 2022 Budget to Costly Acquisition Versus Retention as Recession Looms

Martech Series

A survey of 323 retail marketing executives revealed that 52% allocated more than half their marketing budget to new customer acquisition, versus 15% who allocated more than half their budget to customer retention. The Optimove 2022 Retail Marketing Survey was designed by Optimove and fielded by Survey Monkey in the second quarter of 2022.

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Agency clients’ KPIs evolve with a focus on retail and post-pandemic economy

Digiday

The way agencies deliver performance metrics is shifting, as brands seek to expand in retail media and shift priorities following the pandemic. “But I would say that in the last month, there has been a definite tempo change from our clients, particularly around the metric of new-to-brand.” ” Matathia said.

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10 Reasons Your Retail Media Strategy Should Include Video [Infographic]

InMobi

Most marketers are no strangers to the power of video, so why is this format often left out of their retail media playbook? As the retail media market continues to grow, so will the importance of creating richer, more immersive advertising experiences that will capture consumer attention and inspire purchases. Video Creates Better ROI.

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Why Your Ecommerce Loyalty Program Needs a Data-Driven Overhaul

Martech Series

Only time will tell, but regardless, the margin for error across retail and consumer packaged goods (CPG) is tighter than ever before. The rate of inflation coupled with supply chain shortages has hit brand loyalty the hardest. Loyalty programs are critical to customer retention and brand engagement. Now is the Time to Adopt.

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Unwrapped: Leveraging Holiday Shopping Consumer Behavior to Drive Digital Marketing Strategy

Digital Remedy

Let’s unwrap some key strategies that align with both consumer preferences and your brand’s marketing budgets. Holidays 2024: Consumer Spending Forecast Despite economic hardships, consumers continue to spend: the National Retail Federation reported a record $964.4 of 2024 retail purchases are expected to take place online.

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12 Types of Interactive Content to Drive Better Engagement

Single Grain

If a consumer is weighing their options, an interactive calculator might offer the insight into ROI or savings that they need to make the decision to purchase. Below are two examples of successful calculators that delighted users and drove more leads for those who implement them: 1) HubSpot – Ads ROI Calculator.

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