The world of in-store retail media is undergoing an unprecedented transformation, forcing advertising agencies and brands to fundamentally rethink their structures and marketing plans. Traditional advertising methods that focus on broad distribution and high reach are increasingly giving way to targeted, data-driven approaches. In-store data provides valuable insights into physical customer behavior, from movement through the store to dwell time on specific products and response to advertising messaging.

What are the definitions and standards that retailers, brands and agencies need to understand each other and make the most of the in-store retail media opportunity? How will these standards impact future strategy and spend? How can brands adapt their internal structures to take full advantage of the new possibilities of in-store data and maximize the ROI of their advertising measures? How will retailers best measure and account for campaign performance? 

Featuring findings from the latest IAB report, the panel will discuss how their experience using multiple retail media touchpoints has impacted their priorities, structure and definitions of success.

93% of all retail dollars are spent in a physical store. Retailers using only e-commerce and transactional sales data operate with a sliver of the information that they could if also measuring consumer behavior and action in-store. By using data including movement, dwell time, pathing and sales, retailers can use in-store information to not only plan the most powerful use of in-store retail media but also demonstrate its value.

Retailers can unlock in-store customer insights just as they have mined online behavior. By understanding in-store activity, retailers can expand their in-store advertising inventory most effectively giving brands a way to execute compelling, personalized campaigns.

How are retailers gathering in-store information and how should they be using it best to extend their revenues but also create opportunities for brands? Our panelists examine what is being offered by retailers, the gaps they should be looking to fill and how using in-store ‘clickstream behavior’ can benefit all parties.

Data is essential for personalized advertising and omnichannel strategies. In a data-driven economy that promotes innovation while maintaining high data protection standards, retailers and brands are faced with the challenge of finding a balance between economic benefits and protecting customer privacy. 

Online data has long been used to secure and increase sales through personalized advertising. However, activity in physical stores, if captured is potentially an additional data set that offers indispensable insights into r purchasing behavior. 

In Europe, the use of data is heavily regulated. The Data Governance Act and the Data Act set strict framework conditions to ensure that data is handled securely and transparently – ensuring that the privacy of citizens is protected, while, with permission granted they can enjoy the benefits of data-driven recommendations, promotions and automation. 

For retailers, this means that the responsible handling of data is not only a legal obligation, but also an economic necessity. This masterclass will explore the optimal use of in-store data and its integration into omnichannel strategies and why  this is crucially important for the future of European retail.

What does customer loyalty mean for retailers, brands and shoppers? What do customers expect from retailers, what insights do they share while engaging in loyalty programs, and how can retailers serve them better? 

In today’s dynamic retail landscape, loyalty cards are far more than just a means of customer retention. Providing in-depth insights into customers’ shopping behavior, they open up new avenues for promotions. In Europe, where competition in the retail sector is particularly intense, the importance of loyalty programs is often underestimated.

The ability to analyze behavior both online and in-store is invaluable leading not just to a seamless customer journey but also retail media campaigns that can be analyzed and adjusted in real time. This flexibility makes it possible to react quickly to changes in customer behavior and continuously optimize the efficiency of campaigns.

With connected TV (CTV) brands can take campaigns from the store to the sofa. Becoming a key part of the retail media ecosystem CTV uses customer data from in-store and online to create another promotional opportunity 

With full knowledge about the customer and creating a profile from multiple datapoints, advertisers can better measure and understand the impact of their TV campaigns on purchasing behavior. The integration of CTV into the retail media ecosystem encourages new collaborations between retailers, media companies and technology providers. These partnerships are driving innovation in the field of data-driven TV advertising. The integration of CTV and in-store data has the potential to fundamentally change the way brands interact with their target audiences.

DOOH and retail media in-store are two fascinating types of media with different strengths and applications. DOOH reaches a broad target group in public spaces, while retail media in-store enables highly personalized messages at the point of sale. Does it make sense to consider and name them separately? Are they competitors or do they complement each other in a holistic marketing strategy? How can their respective strengths be optimally utilized? 

The role of customer data and the possibilities of a targeted approach at the POS make retail media in-store a promising channel. At the same time, DOOH remains relevant with its reach and presence in public spaces. The integration of real-time data and the use of advanced technologies such as AI and programmatic advertising open up new dimensions for both channels. 

While DOOH impresses with its high visibility in public spaces, in-store retail media offers new opportunities through the use of first-party data and targeted customer targeting at the POS. The dovetailing of these two types of media could have a major impact on the way brands interact with their target groups in the future.