The Garage: Tools For Retail Media Innovation

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The Garage: Tools For Retail Media Innovation

Retail Media is expected to grow exponentially in the coming years. The best version of the industry’s future requires purposefully open partnerships with merchants, clients, agencies, and vendors. The Garage dives into the why, the how, and the who cares of retail media innovation. Hosted by Evan Hovorka, VP of Product & Innovation, and Dan Massimino, Director of Marketing, from Albertsons Media Collective, The Garage will explore what lies ahead for this exciting industry and weave a common thread of collaborative innovation through conversations.  Hosted on Acast. See acast.com/privacy for more information.

  1. JAN 29

    In-store Retail Media is Changing the Game

    On this episode of The Garage, we dive deep into the intriguing and ever-important facet of In-Store Retail Media. In an increasingly virtual world, brands may overlook the importance of enhancing and creating powerful in-store experiences to connect with customers. Yet, it remains a critical avenue for brands to make a meaningful impact. Listen in as Todd Hassenfelt, Global Digital Commerce Senior Director at Colgate-Palmolive, along with returning guests Dan Hight, VP of Media Partnerships at Placer AI, and Paul Brenner, SVP of Global Retail Media at Vibenomics, and hosts Dan Massimino and Evan Hvorka, dissect the role of in-store retail media in the industry’s evolving landscape. Together, they explore the latest innovations redefining how brands connect with consumers in physical environments and how this in-store experience allows retailers to understand consumer needs more clearly. They further discuss the changing nature of the in-store experience as more than just product-pushing; it’s now about problem-solving.  Unpacking the importance of compelling content in enhancing the in-store experience, the conversation also highlights the need for quality messaging that resonates with shoppers and drives engagement.  While the conversation looks at the potential of in-store retail media, it also examines the challenges of measurement and data sharing in retail media, stressing the importance of conversion rate data and actionable insights for brands to optimize their strategies. From industry best practices like collaboration and potential standardization to the need to reimagine the brand-to-consumer connection through in-store experiences, this episode of The Garage is not one you want to miss.  LinkedInWebsite Hosted on Acast. See acast.com/privacy for more information.

    44 min

  2. JAN 15

    Retail Media in 2025: Google’s Big Bets, New Tech and More with Shawn McGahee

    It’s an omni-channel world and we’re just living in it! The retail media landscape is ever-changing and on this episode of The Garage, we’re getting the inside scoop on what lies ahead from all the right sources. Tune into our year-end special as Shawn McGahee, Head of Retail Media Ads at Google joins host Dan Massimino and Evan Hvorka, Vice President of Product Innovation at Albertsons Media Collective to give us the download on the transformative power of technology and AI, Google’s big bets for 2025, why we should all be keeping our eye on driving incremental ROAS (Return on Ad Spend) and the significance of Search Ads 360 in the retail media landscape.  The conversation further shines a light on the shift towards managed and self-service solutions in retail media networks, the real ways in which consumers today shop, how flexible buying options can change the game and the potential for YouTube to be a shopping destination, with Shawn sharing impressive stats about product reviews and unboxing videos; specifically, how they can drive consumer engagement and loyalty. This episode of The Garage traces the changing nature of consumer behavior and how retail media networks can play a pivotal role in driving and redefining buying trends in the coming years, as well as how Google plans to enhance its offerings to better support brands and retailers in their marketing efforts. The future of advertising and retail marketing has never been more exciting! So, tune into this insight-packed year-end special and head into 2025 with all the know-how you need to stay ahead of the curve.  If you enjoyed this episode, don't forget to subscribe and review on Apple Podcasts, Spotify, and Google Podcasts. LinkedInWebsite Hosted on Acast. See acast.com/privacy for more information.

    37 min
  3. Greatest Hits: Don’t Touch That Dial: RMN + TV with Sean Muller of iSpot

    12/11/2024

    Greatest Hits: Don’t Touch That Dial: RMN + TV with Sean Muller of iSpot

    In this episode of "Exploring CTV and Retail Media Networks," hosts Dan Massimino and Evan Hovorka are joined by Sean Muller, the founder and CEO of iSpot. Join them as they discuss the rapid shift from linear TV to CTV and the rise of ad-supported models in CTV. They also explore the importance of standardization in the industry, integrating with partners, and all things AI. Sean has founded and served as a key executive in half a dozen ventures throughout his career, including Demand Media, MediaNet Digital, eNom and The Wedding Tracker, and brings a real wealth of experience to the show. If you enjoyed this episode, don't forget to subscribe and review on Apple Podcasts, Spotify, and Google Podcasts. Sean Muller LinkedIniSpot Website Episode Highlights: [16:54] Sean discusses the emerging trends in the video and streaming space, noting the rapid shift from linear TV to CTV and the rise of ad-supported models in CTV (as opposed to a subscription-based model). He also talks about the nontraditional TV networks in CTV, such as YouTube (50% of which is viewed on a TV screen) and Amazon (which has a TV network and owns Thursday Night Football)o. Sean then highlights the industry trend towards retail media networks.  [23:29] Sean emphasizes the need for standardization in measuring video advertising across platforms, from “traditional linear TV”, to on-demand streaming services, to social media sites such as TikTok. He notes that historically TV ads were measured by overall viewership, rather than the actual reach (ie impressions). Sean’s company, iSpot, has focused on creating a standardized metric for video impressions, meaning that each ad, regardless of platform, is measured equally. While the industry is moving towards this approach, Sean suggests that not every publisher or advertiser has agreed on a standard. [32:35] Sean discusses how iSpot handles integrating data from "walled gardens" (platforms with restricted data access) by using a sophisticated approach based on household and individual identity mapping. He explains that Ispot integrates with partners by starting with their ID spine, mapping out households and individuals across the United States. This approach allows for seamless integration with partners and simplifies the process for advertisers and vendors; it also allows advertisers to understand how their ads perform across different platforms, ensuring accurate deduplication and comparison. [34:48] Sean distinguishes between traditional AI (advanced machine learning) and generative AI, which involves generating different versions of ads or ad components, saying that there is a significant amount of “machine-learning AI that could be done to optimize the media”. He also mentions their investment in AI infrastructure and how they use their rich history of TV ads to generate ideas and speed up the creative process by creating storyboards or scripts. Sean emphasizes that AI won’t necessarily be used to create an entire ad, but could speed up some of the more time-consuming or expensive aspects involved in their creation. Hosted on Acast. See acast.com/privacy for more information.

    42 min
  4. Greatest Hits: Creating Space for Innovation

    12/04/2024

    Greatest Hits: Creating Space for Innovation

    In the inaugural episode, Ben Sylvan, vp of data partnerships at The Trade Desk joins The Garage to discuss how diversity is a key ingredient for inspiration and innovation and the need for complementary skill sets to drive creativity and problem-solving. Introductions 00:00:01 – 00:05:04What is The Garage? 00:05:04 – 00:07:40“Ah ha" moments that lead to bright spot creation? 00:07:50 – 00:17:10Creating space for innovative culture and mindsets 00:17:10 - 00:29:46Jumpstarting change within your organization 00:29:46 – 00:39:13If you could change one thing about the industry, what would it be? 00:39:13 – 00:42:54What are the next industry buzzwords? 00:42:54 – 00:48:47Closing 00:48:47 – 00:50:21 Want to know more about retail media? Learn why ROAS alone is the wrong metric for gauging retail media performance. Follow Albertsons Media Collective on LinkedIn to stay in the loop: www.linkedin.com/company/albertsons-media-collective The views, information and opinions expressed on The Garage podcast are solely those of the individuals involved and do not necessarily represent those of Albertsons or its employees. The content of this podcast is provided for informational purposes only and does not constitute or contain any legal or financial advice, nor does it constitute information provided under any sort of fiduciary relationship. Albertsons is not responsible for the accuracy or completeness of any of the information, statements or opinions provided during this podcast and it makes no guarantee regarding the outcomes or results you will achieve by using information you received by listening to the podcast. Any product or company names, brands, logos or other trademarks featured or referred to in the podcast are the property of their respective trademark holders. Hosted on Acast. See acast.com/privacy for more information.

    50 min
  5. Greatest Hits: Meeting Customers (and Brand Advertisers) Where They Are

    11/27/2024

    Greatest Hits: Meeting Customers (and Brand Advertisers) Where They Are

    In our second special episode from POSSIBLE, our hosts sit down with Albertsons Media Collective VP Harvey Ma and Sherry Smith, Executive Managing Director for the Americas at Criteo where she leads the brand’s commercial and operations teams across enterprise and growth accounts in the region.  During the conversation, they discussed how sponsored search and product ads fit into an omni-channel marketing approach, how the retail media boom has changed the sponsored landscape, and what are the next big needs that RMN’s can anticipate coming from brands and how can they support.  00:00:01 - Introductions 00:06:24 - Sponsored Search and Product Ads in Omnichannel Marketing Approach 00:11:43 - The Role of Sponsored Search in the Funnel 00:30:43 - Supporting Brand Safety and Client Needs Follow Albertsons Media Collective on LinkedIn to stay in the loop: www.linkedin.com/company/albertsons-media-collective   The views, information and opinions expressed on The Garage podcast are solely those of the individuals involved and do not necessarily represent those of Albertsons or its employees. The content of this podcast is provided for informational purposes only and does not constitute or contain any legal or financial advice, nor does it constitute information provided under any sort of fiduciary relationship. Albertsons is not responsible for the accuracy or completeness of any of the information, statements or opinions provided during this podcast and it makes no guarantee regarding the outcomes or results you will achieve by using information you received by listening to the podcast. Any product or company names, brands, logos or other trademarks featured or referred to in the podcast are the property of their respective trademark holders.  Hosted on Acast. See acast.com/privacy for more information.

    39 min

  6. 11/21/2024

    Navigating the Evolving Landscape of Retail Media Networks with Mike McNeeley

    In this episode of The Garage, hosts Dan and Evan are joined by Mike McNeeley, Senior Vice President of Product at Index Exchange. Join them as they discuss the importance of supply-side platforms (SSPs) in enhancing revenue transparency for publishers, as well as identity management, closed-loop attribution, and the need for standardization to streamline industry processes. Dan, Evan, and Mike emphasize the importance of flexibility and collaboration for agencies and brands, and look ahead to the future of retail media. If you enjoyed this episode, don't forget to subscribe and review on Apple Podcasts, Spotify, and Google Podcasts. Mike McNeeley LinkedInIndex Exchange website Episode Highlights: [07:14] Supply-side platforms (SSPs) provide unique advantages to retail media networks (RMNs) when it comes to programmatic advertising (the automated buying and selling of online ad space). Mike highlights how SSPs empower retailers to establish robust and interconnected digital advertising ecosystems from the access provided by a network of publishers and programmatic demand-side platforms (DSPs). This allows retailers to control where and how ads appear, set specific business rules, and maximize ad revenue. Put simply, SSPs help RMNs remain competitive and agile.  [09:22] Reflecting on early partnerships, Mike recalls how Index Exchange’s collaboration with Roundel (Target’s in-house media company), was a retail media milestone. This partnership integrated Roundel’s publisher relationships and audience data into a programmatic framework, in one of the first major efforts to harness retail media at scale. Index Exchange and Roundel’s partnership set a precedent in retail media, which demonstrated how SSPs and data-driven partnerships can reshape advertising by concentrating on both consumer behavior and seamless ad delivery.  [25:48] Mike believes that standardization is vital for driving industry progress, especially with regards to programmatic advertising. Standardized protocols—such as GDPR compliance frameworks or IAB’s VAST (video ad serving template)—prevent redundancy and promote more seamless partnerships; this benefits the whole ad ecosystem, from publishers to agencies. Mike encourages other ad professionals to get involved with standard-setting efforts. He says that, while they might not be immediately impactful, they will eventually improve customer experiences across platforms.   [33:14] As retail partners began to expand into diverse formats—such as apps, new publishers, and CTV—they realized their technology was restricting innovation. In response, Mike’s team rebuilt their product to be more flexible. Although originally their product only supported web-based advertising within specific frameworks, it was eventually adapted to different formats and partners. This removed integration bottlenecks and minimized the time needed to set up new campaigns. Hosted on Acast. See acast.com/privacy for more information.

    36 min
  7. Greatest Hits: Creating Space for Innovation

    11/13/2024

    Greatest Hits: Creating Space for Innovation

    In the inaugural episode, Ben Sylvan, vp of data partnerships at The Trade Desk joins The Garage to discuss how diversity is a key ingredient for inspiration and innovation and the need for complementary skill sets to drive creativity and problem-solving. Introductions 00:00:01 – 00:05:04What is The Garage? 00:05:04 – 00:07:40“Ah ha" moments that lead to bright spot creation? 00:07:50 – 00:17:10Creating space for innovative culture and mindsets 00:17:10 - 00:29:46Jumpstarting change within your organization 00:29:46 – 00:39:13If you could change one thing about the industry, what would it be? 00:39:13 – 00:42:54What are the next industry buzzwords? 00:42:54 – 00:48:47Closing 00:48:47 – 00:50:21 Want to know more about retail media? Learn why ROAS alone is the wrong metric for gauging retail media performance. Follow Albertsons Media Collective on LinkedIn to stay in the loop: www.linkedin.com/company/albertsons-media-collective The views, information and opinions expressed on The Garage podcast are solely those of the individuals involved and do not necessarily represent those of Albertsons or its employees. The content of this podcast is provided for informational purposes only and does not constitute or contain any legal or financial advice, nor does it constitute information provided under any sort of fiduciary relationship. Albertsons is not responsible for the accuracy or completeness of any of the information, statements or opinions provided during this podcast and it makes no guarantee regarding the outcomes or results you will achieve by using information you received by listening to the podcast. Any product or company names, brands, logos or other trademarks featured or referred to in the podcast are the property of their respective trademark holders. Hosted on Acast. See acast.com/privacy for more information.

    50 min

  8. 11/06/2024

    Transforming the Shopping Experience Through In-Store Media with Dan Hight and Paul Brenner

    In this episode of "The Garage," hosts Dan and Evan are joined by Dan Hight, Business Development and Partnerships Executive at Placer.ai, and Paul Brenner, SVP Global Retail Media and Partnerships at Vibenomics. Join as they explore the transformative power of in-store retail media and its impact on brands and retailers, as well as how innovations in in-store media are reshaping the consumer shopping experience and driving strategic changes in how retailers engage with shoppers in physical spaces. Dan and Paul also cover the importance of integrating technology, measuring effectiveness, and establishing standardized metrics in the evolving retail landscape. If you enjoyed this episode, don't forget to subscribe and review on Apple Podcasts, Spotify, and Google Podcasts. Paul Brenner LinkedInVibenomics WebsiteDan Hight LinkedInPlacer.ai Website Episode Highlights: [09:38] Dan Hite emphasizes the importance of digitizing physical retail spaces to enhance the shopping experience without disrupting it. He notes that the key is to digitize physical stores (to bring the online experience into a physical world) in a way that doesn't interrupt the shopping experience. This approach aligns with the increasing interest in in-store media, leveraging location analytics to understand consumer behavior. Dan points out that the shift toward a privacy-safe, cohort-based advertising strategy is essential as the landscape of retail media evolves, allowing brands to optimize their reach and engagement within physical locations. [22:19] Paul Brenner emphasizes the importance of trust and practical examples when engaging with retail merchants. He highlights the need to provide tangible scenarios that can excite them about innovative marketing initiatives. By creating visual representations—like fly-throughs of in-store formats that showcase placement and branded content—he ensures merchants understand how these new approaches can improve their sales strategies. This approach not only builds confidence in new concepts but also helps merchants see the potential for elevating customer experiences beyond traditional static displays. [26:13] Dan Hite addresses the complexities of identity management in retail media, particularly in the in-store context. He points out that while digital platforms have established frameworks for identifying consumers, physical retail environments lack similar mechanisms. Dan advocates for understanding audience composition on a store-by-store basis to effectively tailor marketing strategies. He suggests leveraging insights about demographic and psychographic profiles to optimize ad resonance, stressing the importance of balancing privacy with effective targeting in an increasingly regulated landscape. [28:39] Paul Brenner emphasizes the importance of enhancing value propositions across on-site, off-site, and in-store experiences without expecting a 1-to-1 personalization outcome. Instead, he advocates for a standardized approach to impressions, ensuring consistency and credibility in measurement methods. He suggests a focus on impressions as a realistic benchmark, integrating data on consumer behaviors to enhance relevance, while noting that biometric advancements may gradually impact the adoption of camera-based measurements in stores. Hosted on Acast. See acast.com/privacy for more information.

    39 min
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Retail Media is expected to grow exponentially in the coming years. The best version of the industry’s future requires purposefully open partnerships with merchants, clients, agencies, and vendors. The Garage dives into the why, the how, and the who cares of retail media innovation. Hosted by Evan Hovorka, VP of Product & Innovation, and Dan Massimino, Director of Marketing, from Albertsons Media Collective, The Garage will explore what lies ahead for this exciting industry and weave a common thread of collaborative innovation through conversations.  Hosted on Acast. See acast.com/privacy for more information.

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