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From Mad Men to machines? Big advertisers shift to AI

Inside Retail

Some of the world’s biggest advertisers, from food giant Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. Media value is the cost of advertising needed to generate the same public exposure.

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Big data. Big future. The next generation of advertising

Inside Retail

Analysing the vast amounts of data from various sources informs strategies to predict trends, personalise content and optimise campaign delivery in real time. And the fast growth of programmatic advertising – the automated buying and selling of digital ad space – is making ad buying more efficient and effective. Big future.

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Opinion: Why foresight is the future of marketing strategy

Inside Retail

By using future-focused insights, retailing marketers can evolve their strategies to stay abreast of change. Strategic foresight involves gathering information about an organisation’s future operating environment by considering social, economic, political, and technical developments. A marketer’s crystal ball?

Strategy 245
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New ways of earning more consumer trust through advertising

Retail Focus

We are now well past the time when consumers went to a single place to source information about a product they were thinking about buying. The same research showed that 51% of shoppers are more likely to convert when served shelf-edge digital ads as part of the retailer’s retail media strategy. This logic extends into the store.

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A new twist on privacy: planning for a post-cookie world

Inside Retail

There are implications for the advertising industry as it navigates new data privacy and compliance rules: Reliance on third-party cookies has been estimated to lead to a 36-per-cent decrease in measured and reported ROAS. The digital advertising industry is defined by change. Change brings new opportunities.

Planning 263
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Five focus areas for achieving omnichannel success

Inside Retail

Developing and refining strategies within the following five action areas can help secure and fortify positioning on the digital shelf: Connect products to more channels Market at the right time Sell wherever consumers shop Optimise every channel Fulfil customer expectations.

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The Strongest Retail Marketing Strategies That Appeal to Students

Retail Focus

Understanding how to effectively appeal to this group requires a blend of traditional marketing wisdom and innovative strategies that resonate with the digital-native generation. With the right strategies, retailers can unlock the potential of this vibrant demographic, turning casual browsers into dedicated customers.

Strategy 130