How Retailers Became Ad Platforms

Advertising

It’s a major growth opportunity — if companies can navigate the strategic challenges. Major retailers are today, most notably Amazon, are creating and operating their own advertising platforms — and they’re making millions doing it. McKinsey estimates that by 2026, retail media will add $1.3 trillion to enterprise values in the U.S. alone, with profit margins between 50% and 70%. In this article, the authors introduce readers to the main kinds of retail media, discuss three strategic challenges

Tag-uri: Advertising

How Retailers Became Ad Platforms https://hbr.org - 29.09.2024 06:46

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How Retailers Became Ad Platforms https://hbr.org - 29.09.2024 06:46