An increasingly fragmented retail media ecosystem has made it difficult for advertisers to track campaign performance across multiple retail media networks (RMNs), said Liz Roche, vice president of measurement and media at Albertsons Media Collective.
While some RMNs offer their own measurement tools for advertisers, they lack scalability and standardization.
“One-off RMN solutions make it hard for clients to scale strategy and determine the efficacy of their media,” said Roche. “Standardization will allow retail media networks to maintain and capture the current sizable growth trajectory of retail media ad spend. Essentially, all boats will rise with the tide.”
That’s why Albertsons Media Collective launched an API for advertisers to integrate retail media campaign data into their own measurement models.
Over half (53.5%) of US marketers use MMM, according to a July 2024 survey from EMARKETER and Snap Inc.
Advertisers’ desire for standardized, holistic measurement solutions will shape retail media going forward, according to Roche.
“Retail media is moving toward enabling brands and advertisers to obtain media performance data how they want it, when they want it, and with more insights,” she said.
This was originally featured in the Retail Media Weekly newsletter. For more marketing insights, statistics, and trends, subscribe here.