News Briefs

Walmart Connect, the retail giant’s closed-loop omnichannel media business, has partnered with Omnicom Media, the media services division of Omnicom Group. The partnership marks the first such agreement between Walmart Connect and an agency holding company, according to a news release.

Making the announcement at the Cannes Lions Festival of Creativity, Walmart executive vice president and chief revenue officer Seth Dallaire said, "As marketers prepare for the deprecation of third-party cookies, we're building a platform and ecosystem that leverages the scale of Walmart's first-party data and strong customer relationships to help them deliver strong ROI in an increasingly fragmented environment. Our partnership with Omnicom illustrates Walmart Connect's focus on driving growth, improving product capabilities and educating the industry on the role retail media platforms have in delivering measurable solutions that connect clients with omnichannel shoppers."

Spanning pricing, agency support, ongoing product feedback and ground-floor opportunities, the partnership particularly enables cross-screen planning against Walmart audiences in Omni (i.e., Omnicom's open operating system that facilitates the entire consumer purchasing journey). This allows Omnicom's agencies to serve up connected experiences across media and commerce platforms within owned, earned and paid environments.

Planners can identify domains, apps and screens with the most effective reach and cost for Walmart audiences. Additionally, using the Omni ID, they can also push advertiser's first-party data to the Walmart DSP where it combines with Walmart audiences.

Walmart Connect and Omnicom first collaborated in 2021 with Omnicom Media Group's participation in beta tests for the Walmart DSP's frequency cap function.