The CPG Guys welcome Cyndi Loza, Managing Editor at Path to Purchase Institute, discussing the Retail Media Network Trends Study. They cover the change in RMN investments, challenges faced, and the promises participants want RMNs to deliver. The survey assessed 25 RMNs and discussed the coordination and integration of retail media with other digital channels.
Based on the Retail Media Network Trends Study, participants reported an increase in their RMN investments compared to the previous year, with a significant allocation of budget towards RMN investment.
Respondents expressed the desire for RMNs to deliver on the promise of driving sales and increasing brand awareness, and the next frontier for advancement in this media channel is exploring new targeting capabilities and metrics.
Deep dives
Walmart raises store managers' pay and offers stock grants
Walmart will increase its US store managers' base pay, redesign its bonus program, and offer stock grants up to $20,000 annually for managers of Walmart Supercenters.
Amazon reports strong Q4 earnings and emphasizes progress in grocery segment
Amazon's stock climbed over 8% in after-hours trading following the release of its Q4 financial results. CEO Andy Jassy expressed satisfaction with the progress in the grocery segment, including Amazon Fresh and Whole Foods.
Dollar General expands fresh produce offerings and plans to implement AI-based food ordering technology
Dollar General now offers fresh fruits and vegetables in over 5,000 locations, surpassing its goals. The retailer also plans to bring AI-based perishable food ordering technology to about 3,000 stores by the end of fiscal 2023.
Lay's runs marathon of ads inspired by 'Groundhog Day'
Lay's launched an ad campaign inspired by the movie 'Groundhog Day' and the titular holiday, which featured ads promoting different chip variants and aired 75 times throughout the day on ABC.
The CPG Guys welcome Cyndi Loza, Managing Editor - Member Content at Path to Purchase Institute, which offers consumer product marketing executives and brandmanagers a holistic, 360-degree view of the shopper journey.
Let’s start with the research behind the Retail Media Network Trends Study. How long have you been doing it, when was the research conducted, how large was the audience of participants and what was the professional makeup of the survey participants?
What did the participants tell you about the change in their RMN investments vs last year and how did that differ from the responses last year? And what is the breakdown of budget sources for RMN investment?
What is the general sentiment from participants assessing RMNs and what challenges are they facing in working with these entities?
What do your respondents tell you is the promise that they want RMNs to deliver and what is the next frontier for advancement in this media channel?
In the survey, you produced assessment on 25 RMNs across 7 attributes. Would you walk us through this part of the survey and any particular call outs you would like to make in terms of which platform)s) really stood out to your respondents?
What was the overall assessment of RMNs and where did your participants rank it in terms of importance relative to other marketing channels they employ?
What components of RMN offerings are core to brand strategies and which ones are growing vs. declining in terms of budget investments for your respondents?
Examining incrementality specifically as an output, how are participants defining incrementality and what challenges are they facing extracting this from all of the RMNs they employ?
DISCLAIMER: The content in this podcast episode is provided for general informational purposes only. By listening to our episode, you understand that no information contained in this episode should be construed as advice from CPGGUYS, LLC or the individual author, hosts, or guests, nor is it intended to be a substitute for research on any subject matter. Reference to any specific product or entity does not constitute an endorsement or recommendation by CPGGUYS, LLC. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent.
CPGGUYS LLC expressly disclaims any and all liability or responsibility for any direct, indirect, incidental, special, consequential or other damages arising out of any individual’s use of, reference to, or inability to use this podcast or the information we presented in this podcast.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode