Retail media is a massive opportunity – but for whom? Retailers, obviously. Having grown used to a relatively low-margin existence, they spy an opportunity to drive up their profits and they’re piling into the space with gusto as European heavyweights take a leaf from their American counterparts.
Brands, too, have an opportunity to reap the rewards of these retailers’ audiences, their purchase data, and even a suite of insights that could help inform overall marketing strategy.
There are, however, some drawbacks. First, the landscape is fragmented and complicated from a brand and agency point of view. Second, many of these...