Spending by brands on commerce media, including retail ad networks, is primarily being taken from existing shopper, trade and digital budgets, a study has found
Forrester Consulting was tasked by ad-tech company PubMatic to survey 309 decision-makers in the UK and US involved in commerce media – defined as advertising that draws on retail data, and that features on retailer and publisher sites across the open internet – at retail and/or travel organizations generating $500m+ in annual revenue.
When asking how advertising clients were sourcing the funds for this activity, it learned that “very few” brands, on 12%, currently...