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AI-powered martech news and releases: July 25

Martech

Take our brief 2024 MarTech Replacement Survey Gopuff , a delivery service, launched its ad platform powered by AI and machine learning. It personalizes ads based on individual customer data, leading to increased ad relevance, click-through rates, and conversions.

MarTech 108
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Digital Transformation in the Retail Media Industry

Advendio

The development of digital technology has led to considerable changes in the retail media industry in the past few years. Worldwide spending on digital retail media advertising was projected to reach 110.67 We will now examine how digital transformation is impacting the retail media industry: 1. billion US dollars in 2022.

Retail 68
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Rethinking Brand Safety: Lessons from Jana Meron on News Advertising in 2024

Ad Monsters

For instance, she revealed that ads next to political and opinion pieces on The Washington Post see a 55% higher click-through rate than other parts of the site. million readers, 43% of whom are retail investors and many are decision-makers. Armed with data, she made a compelling case for why this fear is misguided.

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B2C marketing automation: The tools, tactics and prerequisites for success

Martech

If you’ve ever visited an online retailer to browse, and perhaps even added an item to your cart but never made the purchase, the retailer probably noticed. Metrics B2C automation success hinges on metrics like conversion rates, click-through rates and even email open rates for some marketers.

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Why active attention is critical for unlocking the value of interactive video

Digiday

For example, in 2022, KERV client data showed that CTR increased by more than 30% year-over-year on holiday retail ads using interactive video technology. Across KERV retail clients, CTR averaged 1.5%. Users who completed or scanned the creative were then sequentially driven to convert through KERV’s shoppable video, Wolff explained.

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Leveraging Customer Data Platforms to Build Market Advantage

Martech Series

Once the data is analyzed using artificial intelligence (AI) or machine learning tools, you can suggest better products to your customers and eventually push out the competition, much like a company with significant network effects does. More customers means you have more data and you need to collect the data.

Marketing 102
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What every marketer needs to know about programmatic advertising

Martech

What is a retail media network? What is a retail media network? Retail media networks are networks owned by a specific retailer where brands can buy programmatic advertising for inventory on their website, apps and other digital properties, including in-store. Retail profit margins tend to be slim — in the 3% to 4% range.