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News Briefs

  • 6/1/2024

    Dollar General Media Network to Discuss the Retail Media Evolution at RMS Chicago

    Goodway Group and DG Media Network

    Dollar General Media Network (DGMN) head of operations Charlene Charles will take the stage alongside Angela Myers, Goodway Group senior vice president of retail media, at the Path to Purchase Institute’s Retail Media Summit (RMS), June 25-27 in Chicago. 

    In the June 27 session titled “The Retail Media Evolution: Perceptions and Insights from Brands, Agencies and Retailers,” the pair will discuss:

    • How budget allocations are shifting. 
    • What components shape today's retail media strategies.
    • The factors influencing investments and partnerships within retail media networks. 
    • Diverse perspectives on program management, challenges faced and key performance indicators driving campaign success today.

    They'll also unveil findings from a research report by Goodway Group and P2PI on the "Retail Media Evolution,” capturing perceptions and insights from brands, agencies and retailers. 

    [In related news, DGMN recently announced a partnership and significant move to more effectively reach its largely rural shopper base through expanded omnichannel ads and attribution insights.]

    Charles, who joined Dollar General in 2021 and has more than 16 years of industry experience, will also share her first-hand experience as leading DGMN and its position in the retail media ecosystem. Myers brings a wealth of experience of her own, including a nine-year tenure at Oracle and her strong background in data/analytics and retail media.

    Learn more about RMS Chicago and the packed agenda, and register now

  • 5/26/2024

    Videotel Digital, Audfly to Enhance Digital Signage

    Videotel and Audfly teams

    Videotel Digital, a digital signage solutions manufacturer, has joined forces with audio technology company Audfly to help enhance how businesses engage their audiences through digital signage.

    The collaboration integrates Audfly's directional audio speakers and technology (including patents from Turtle Beach Corp. audio tech company HyperSound) with Videotel Digital's digital signage players and interactive solutions to create immersive audio experiences with visuals that capture consumers’ attention.

    As an authorized service center for Audfly, Videotel Digital will provide support and maintenance services for a subset of its product line, according to a media release. This partnership allows Videotel Digital to offer Audfly's range of products, including wall-mounted, ceiling-mounted and glass-mounted directional audio solutions.

    The partnership was solidified at the Consumer Electronics Show (CES) in January, where both companies showcased their latest innovations, including Audfly's "glass technology,” its range of see-through glass directional speakers.

    "We are thrilled to partner with Audfly to bring cutting-edge directional audio technology to our customers," Lisa Schneider, executive vice president of marketing at Videotel Digital, said in the release. "With Audfly's exceptional products and our seamless integration capabilities, we are setting a new standard for immersive digital experiences."

  • 5/20/2024

    Tech Startup Debuts Low-Code Integration System

    topsort

    Artificial intelligence and machine learning technology company Topsort has launched a low-code integration system. 

    Low code is a software development approach that requires minimal need for coding and less time when creating digital solutions, enterprise applications and other use cases. 

    Topsort’s solution enables marketplaces to integrate its retail media infrastructure with “just a few lines of code” in as little as one hour, versus the 3-6 months the process has traditionally taken, Topsort said in a media release.

    “The low-code integration represents a paradigm shift, demolishing barriers that previously discouraged many businesses from establishing retail media platforms,” the company said. By simplifying and accelerating the integration process, Topsort enables retailers “of all sizes” to develop and scale their retail media offerings for a “cookieless, bidless and keywordless advertising landscape.”

    Topsort retail media infrastructure includes:

    • Auction integration: Topsort's AI auto-bidding algorithm selects ads to display by evaluating real-time bids.
    • Self-service and admin platforms: Tracks key metrics such as clicks, impressions and purchases, providing insights into ad performance and user engagement.
    • Real-time reporting: All campaign data is accessible in real-time within comprehensive reporting dashboards.

    Topsort said a key factor in making this integration possible was its “adaptable proxy solution,” which acts as a middleman (aka proxy) between a marketplace's search or filtering results and the origin server. The solution merges relevant auction data into the results while maintaining performance and compatibility with various tech stacks.

    “We always hear that retail media is a ‘not if, but when’ priority amongst the retailers and marketplaces we talk to, partially due to the large startup cost and resources,” Francisco Larrain, chief technology officer and co-founder of Topsort, said in the release. “Faced with integration timelines that can take three months or longer, the time, expense and resource burden has been impossible for a lot of companies to take on, especially when they are in the early days of their retail media evolution and just want to see results fast.”

    Topsort is a 3-year-old “AI-first” retail media platform that helps retailers and marketplaces, such as Poshmark, Unilever, Coca-Cola, L'Oreal, General Mills and Phillips develop ad networks in a cookie-less world. 

  • 5/6/2024

    Ironmark Grows Marketing Solutions Through Acquisitions

    logos

    Ironmark, a full-service marketing and communications firm, acquired two companies – Deliver Media and L&D Mail Masters – to bolster its marketing services portfolio.

    • Based in Tampa, Florida, Deliver Media uses first-party data and predictive analytics powered by artificial intelligence and machine learning to launch multi-channel marketing campaigns.
    • Based in New Albany, Indiana, L&D Mail Masters is a direct mail firm that offers direct marketing solutions, from campaign design to implementation, in a privacy compliant SOC 2 HIPAA-certified environment.

    “These acquisitions significantly broaden Ironmark’s geographic reach, providing companies and brands with the innovations and technology they need to help them continue to grow their businesses,” Jeff Ostenso, CEO, Ironmark, said in a media release.

    This move expands Ironmark’s direct marketing solutions to include services powered by predictive analytics and target modeling, making it easier for its clients to find and engage more customers.

    Founded in 2013, Deliver Media helps its partners, such as franchises like Domino’s Pizza, leverage customer data and predictive analytics to better understand how to interact with customers and foster deep relationships that lead to repeat business. 

    L&D Mail Masters was founded in 1986 by longtime CEO Diane Fischer. The firm’s privacy compliant direct marketing solutions are used in a range of industries, including insurance, financial services and healthcare. 

    “We are thrilled to be joining forces with Ironmark,” added Jill Peden, vice president, sales and marketing, L&D Mail Masters. “Under Jeff Ostenso’s leadership, Ironmark has become a marketing powerhouse with first-class services in digital and physical asset creation and management. Ironmark can now take the data Deliver uncovers and marry it with the physical output that L&D can accomplish in a secure environment.”

    All employees from both companies will be incorporated into the Ironmark team in Florida and Indiana. Deliver Media CEO Sean Johnson retains his role as CEO and is also appointed chief strategy officer for Ironmark. Peden joins Ironmark as vice president of sales and marketing. Both appointments have gone into effect.

    These are the latest in a series of acquisitions, all designed to expand Ironmark’s suite of offerings (16 over the course of 20 years, with 12 of the 16 owners still with the company) as Ironmark continues to evolve and expand in reach and capabilities. 

  • 5/6/2024

    Klarna Adds Programmatic Advertising Offering

    programmatic advertising

    Independent ad technology company PubMatic has partnered with Klarna, an AI-powered global payments network and shopping assistant, to scale programmatic access to Klarna’s native advertising inventory via PubMatic’s Convert, a unified self-service ad platform. 

    The partnership will allow advertisers to reach and engage with Klarna’s “high-intent” global audience of 150 million shoppers directly at the point of purchase, according to a media release. 

    Klarna claims a shopper community of 37 million consumers in the U.S. and 550,000 retailer partners representing over 2.5 million transactions per day, per the release. The company’s programmatic advertising offering joins its suite of media solutions that encompass affiliate, search and influencer marketing. 

    The integration with PubMatic provides Klarna with “scaled access” to demand via whichever demand-side platform (DSP) a buyer is working with on both a self-serve and managed service basis. 

    The integration will initially be available in the U.S., with European markets to follow “quickly thereafter.”

    “Our aim is to offer consumers a relevant, personalized and smooth shopping experience, while being a growth partner to retailers,” David Sandstrom, chief marketing officer at Klarna, said in the release. “By partnering with PubMatic, we are excited to leverage the power of programmatic advertising to connect brands with the world’s most engaged shoppers at scale and create efficiencies in their media buys.”

    “Our partnership with Klarna unlocks tremendous opportunities for advertisers seeking to drive high-performance campaigns at a time of disruption in the digital advertising ecosystem,” added Hashim Mian, vice president of commerce media at PubMatic. “Buyers now have the opportunity to engage active shoppers, particularly valuable Millennial and Gen Z audiences, directly at the coveted point of purchase.”

    PubMatic has been scaling its commerce media offering since the launch of its Convert platform in mid-2023. According to Magna Global, commerce media is expected to be a $158 billion market globally this year, and reach $220 billion by 2027. PubMatic is investing across commerce media technology, including sponsored listings, onsite display and video advertising and offsite audience extension.

  • 4/23/2024

    Ahold Delhaize to Open Tech Studio in Romania

    ahold delhaize

    Ahold Delhaize will open a new technology studio in Bucharest, Romania, called AD/01.

    The studio plans to hire around 250 employees in the coming years to work on innovations that will advance the customer experience across Ahold Delhaize’s European brands, including Albert Heijn, Etos, Delhaize, Alfa Beta and Mega Image. 

    The retail giant said in a statement that AD/01 will play a pivotal role in strengthening its digital, data and tech ecosystem and capabilities. The teams will focus on a range of areas, from web and app development to joining and initiating strategic projects in e-commerce, infrastructure, data, loyalty, core retail and beyond. 

    “As part of our tech ambitions, we focus on providing seamless digitally enabled experiences, whether in-store down the aisles, at the checkouts or behind the scenes,” Wouter Kolk, CEO Ahold Delhaize Europe and Indonesia, said in the statement. “With the evolving needs of our customers come new challenges, which is why we are creating AD/01. This tech studio will bring together sharp minds to develop innovations that serve people today and tomorrow and serve all our European brands. In doing so we are also investing in the Romanian market, where we already operate through our local brand Mega Image.” 

    AD/01 is currently onboarding the first of its new talent. The plan is to have around 250 employees within the next few years.

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