We recently released a new set of reports focused on advertisers in specific product categories: pharmaceutical advertisers, apparel advertisers, grocery & CPG advertisers, and beauty & personal care advertisers. We wanted to gain a deeper understanding of how these advertisers work, and especially which retail media platforms matter most for them. To do so, Nicole Perrin, Eric Haggstrom and Stuart Schneiderman tackle 3 big questions:
- What stands out for first-tier and second-tier advertising channels in terms of commonalities and differences?
- What is possible for retail media platform growth considering high advertising costs and retail partner ad spend expectations were among the top challenges these advertisers face?
- While advertiser costs are high, what do see we when it comes to retail media platform ROI/ROAS, and how does this compare to other leading channels?