Dunnhumby, Bridg Partner to Expand Retail Media Access
Dunnhumby, a global provider of AI customer data science, and Bridg, an identity resolution and shopper intelligence platform powering the Rippl data and media network, have formed a strategic partnership.
“We’re thrilled to partner with Bridg to deliver unique retail media and loyalty solutions,” Leo Nagdas, head of corporate development at Cincinnati-based Dunnhumby, which works with such brands as Tesco, Coca-Cola, Meijer, Procter & Gamble, Raley’s and L'Oreal, said in a media release. “Our combined capabilities help retailers and brands drive incremental customer value by delivering personalized, privacy-compliant and relevant experiences across all channels.”
The collaboration also addresses a key challenge in the retail media sector: the disproportionate allocation of advertising investment.
“Currently, 85% of U.S. retail media spend flows into the top two retail media networks,” added Steve Dietch, chief revenue officer at Los Angeles-based Bridg, a division of Cardlytics Inc. “This leaves a significant gap for retailers who possess rich customer insights and valuable audiences, but lack the holistic media strategy that Bridg and Dunnhumby can now offer.”
Also Read: Dunnhumby Debuts AI-Fueled Retail Media Solution for Retailers, Brands
According to the companies, the partnership will allow retailers to:
- Create new data assets by considerably expanding their first-party customer data using Bridg’s exclusive identity resolution technology.
- Deepen customer understanding, enhance reach and elevate loyalty via Dunnhumby’s shopper insights platform and loyalty and customer engagement suite.
- Maximize media monetization opportunities through a combination of Dunnhumby’s AI-powered retail media platform and Bridg’s Rippl retail media network.
Meanwhile, the partnership will permit brands to:
- Unlock access to uniquely calibrated audiences. Make use of national, regional and custom segmentation options from Dunnhumby and Bridg, including access to Rippl’s 130 million-plus shoppers with SKU-level purchase insights, and Dunnhumby’s retail media data science and consulting abilities.
- Strategically allocate budgets across media networks. Implement a multi-network approach for better performance — and a strong return on investment.
- Provide customer-centric omnichannel experiences at every touchpoint. Tap into an inventory of digital and physical media to connect with shoppers throughout their purchase journey.
Article originally published on P2PI sibling brand Progressive Grocer.
