On Tuesday, PubMatic entered the crowded retail media space with the launch of a self-service ad platform for commerce media called Convert.
The post PubMatic Buys (And Sells) Into Commerce Media appeared first on AdExchanger.
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On Tuesday, PubMatic entered the crowded retail media space with the launch of a self-service ad platform for commerce media called Convert.
The post PubMatic Buys (And Sells) Into Commerce Media appeared first on AdExchanger.
Ad tech company PubMatic on Tuesday launched its commerce media offering, as the retail media business continues thriving.
PubMatic’s Convert is a self-service advertising platform for commerce media built on the company’s global cloud infrastructure. The offering is aimed at retail media networks and advertisers, and will include on- and off-site monetization, with sponsored listing ads, display ads and connected TV inventory. Its launch partners consist of retailers, agencies and tech firms, including Dentsu, IPG Mediabrands, Coles 360, Lyft Media and MiQ.
Peter Barry, vp of addressability and commerce media at PubMatic, said the platform aims to become a one-stop shop for its customers and partners. In particular, he said he found that many retailers have very fragmented solutions across their ad tech stacks. For example, buyers are often operating in silos — with one place for audience extension, another for sponsored listing and somewhere else for display on-site, he explained.
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Keeping the complexities of marketing channels in mind, Digiday+ Research has analyzed strategies and challenges across leading marketing channels — like programmatic display and social media — to identify key trends and best practices in our CMO Strategies series.
In this installment, Digiday+ Research focuses on an analysis of the retail media landscape and its role in marketers’ playbooks, followed by a spotlight on Amazon that shows the potential of retail media beyond in-channel conversions. Future reports in the series will focus on other retail media platform specifics and different channels. Our first report focused on social media usage and budgets.
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