Morning Brew - ☕ Apples and oranges

Retail media meets AI.
January 23, 2023

Marketing Brew

It’s Monday. Procter & Gamble’s Tampax commercials starring Amy Schumer were so successful that they stressed the company’s ability to meet demand, its CFO Andre Schulten said on the company’s quarterly earnings call. Now, with increased manufacturing capacity, the company could spend more money marketing tampons in the future to keep the ad dollars flowing.

In today’s edition:

—Ryan Barwick, Minda Smiley, Maeve Allsup

ADVERTISING

Media buying, but make it AI

a bunch of pipes leading to three blue boxes that say "Walmart," "Amazon," and "Kroger" Illustration: Dianna “Mick” McDougall, Photo: Monty Rakusen/Getty Images

It’s not exactly ChatGPT, but Horizon Media has debuted an AI tool that could help advertisers peer over walled gardens.

Earlier this month, the agency announced that it had created a tool called Neon, housed within Horizon’s e-commerce division Night Market, that aims to help advertisers tie together and better allocate their spend across the booming retail media network ecosystem.

Big picture: In case you’ve been hiding under a rock, retail media networks are all the rage: Companies from Walmart to Dollar General to 7-Eleven to Marriott all have one. But they’re still pretty much walled gardens, which can make it difficult for advertisers to compare and predict where their next dollar should go, a game of apples to oranges—or, in this case, more like Walmarts to Targets.

  • Horizon is looking to address that with the help of an AI platform that it says can predict quarterly ROI based on an analysis of past sales figures, campaign performance data reported by retailers, and historical marketing mix modeling ROI data.
  • It’s the “normalization of the data across different retailers,” Randy Browning, president of Horizon’s Night Market, told Marketing Brew. “We wanted to create a universal view.”
  • The tool took two and a half years to build and test and can be used with 30 different retail media networks, including Albertsons, Kroger, Amazon, and Walmart, Browning said.

For example, if a company is selling candy across different e-commerce platforms, Neon could make a prediction (out to three months or more in the future) on which retailers and which channels within those retailers (search and display, for instance) it thinks would drive the most revenue, Browning said.

Continue reading here.—RB

        

FROM THE CREW

How DTC brands keep customers coming back

The Crew

Despite what the internet may tell you, building a successful DTC empire doesn’t happen overnight. Once you establish a customer base, success often boils down to customer engagement and loyalty—two of the hardest things to earn as a new brand.

Retail Brew connected with top retailers like Mejuri, Casper, and Peloton to talk about the marketing strategies they use to keep customers coming back and spreading the word. If you work in retail, this guide is for you! Download it now.

FROM YOU

5 Super Bowl questions

a gif from the Mr Clean Super Bowl ad Mr Clean via Giphy

ICYMI, earlier this month, we compiled all sorts of fun facts, trivia, and notable moments from Super Bowls past. Give it a read, and next time you’re in a meeting, ditch the small talk and instead explain why Oscar Mayer pulled its sponsorship of the halftime show in the ’90s.

With the game just a few weeks away, the teasers are in full swing, the celebrity name-drops are rolling in, and we’re busy figuring out which snacks we plan to eat that night (send us your recs).

We put together some questions for Marketing Brew readers ahead of the game. Click here to share your all-time favorite Super Bowl ad, which celeb you’d love to see in a commercial this year, and more. We’ll share some of the answers in an upcoming newsletter.

RECAP

Key themes from global retail experts at NRF

The entry hall of the Javits Center was crowded with NRF attendees. “NRF Big Show”/Jason Dixson Photography

Our colleagues over at Retail Brew spent some time at the National Retail Federation’s annual conference last week. Retail Brew reporter Maeve Allsup put together some of the conference’s overarching themes. Read a snippet below or click here to read her full recap.

Loyalty programs and the opportunity to personalize the shopping experience is a key focus for many major retailers this year. That’s in part due to the choppy economic waters they’re steering through as we move into 2023.
The tightening of consumer purse strings and flat inflation-adjusted shopper incomes points to the need for brands to “dial up” loyalty, said Rachel Dalton, head of retailer insights at data analytics company Kantar, who interviewed Target’s EVP and chief growth officer,  Christina Hennington, on Tuesday.
        

FRENCH PRESS

French press Francis Scialabba

There are a lot of bad marketing tips out there. These aren’t those.

Column: Here are five strategies that can help the industry prepare for the end of the third-party cookie. You know, if it ever actually happens.

Bang for your buck: Check out 24 ways to allocate your marketing spend.

What’s next: A look at some creative trends that are expected to pick up steam this year.

Ins ’n outs: Inbound marketing can engage, delight, and retain customers with the right content that’ll help brands grow. Learn more about the difference between outbound and inbound marketing in BrandExtract’s illuminating article.*

*This is sponsored advertising content.

WHAT ELSE IS BREWING

  • TikTok reportedly has an internal “heating” feature that employees can use to ensure specific TikToks “achieve a certain number of video views,” according to Forbes.
  • Bud Light’s Super Bowl ad will introduce a “new era” for the brand, Anheuser-Busch CMO Benoit Garbe told CNN.
  • Thinx settled a class-action lawsuit over allegations that its underwear contained potentially harmful “forever chemicals.”
  • Twitter is “having trouble convincing advertisers to buy ads” for the Super Bowl, per Ad Age.

AD ANTIQUES

an old DuPont adCollectors Weekly

Cellophane…for newborns?

SHARE THE BREW

Share Marketing Brew with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.

We’re saying we’ll give you free stuff and more friends if you share a link. One link.

Your referral count: 2

Click to Share

Or copy & paste your referral link to others:
morningbrew.com/marketing//r/?kid=303a04a9

         

Written by Ryan Barwick, Minda Smiley, and Maeve Allsup

Was this email forwarded to you? Sign up here.

Take The Brew to work

Get smarter in just 5 minutes

Business education without the BS

Interested in podcasts?

  • Check out ours here
ADVERTISE // CAREERS // SHOP 10% OFF // FAQ

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2023 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

Key phrases

Older messages

☕ Lunar New Year tragedy

Monday, January 23, 2023

What to know about the mass shooting near LA... January 23, 2023 View Online | Sign Up | Shop 10% Off Morning Brew TOGETHER WITH TaxAct Good morning. Let's have a great week . —Neal Freyman MARKETS

☕ Zuck’s new worry

Sunday, January 22, 2023

Plus, how to survive a nuclear apocalypse... Together with Babbel January 22, 2023 | View Online | Sign Up | Shop 10% Off Lunar New Year is here, ushering in the Year of the Rabbit. VCG via Getty

☕ Huge number

Saturday, January 21, 2023

Taking stock of Big Tech's bad week... January 21, 2023 View Online | Sign Up | Shop 10% Off Morning Brew TOGETHER WITH Mugsy Good morning. We did it, folks—we made it through the darkest timeline.

☕ Crimes and intervenors

Friday, January 20, 2023

Combating organized retail crime. January 20, 2023 Retail Brew TOGETHER WITH Listrak Happy Friday. To all of the brand strategists, social media managers, content directors, and product marketers out

☕ How do you measure, measure an ad?

Friday, January 20, 2023

The state of measurement in 2023. January 20, 2023 Marketing Brew Today is Friday. Today in We Didn't Know This Job Existed, Netflix is hiring a flight attendant to work on its fleet of jets. Huge

You Might Also Like

Divest unrest (corrected!)

Saturday, April 27, 2024

Antiwar protests have spread to dozens more campuses across the nation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Divest unrest

Saturday, April 27, 2024

Antiwar protests have spread to dozens more campuses across the nation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

NYT orders reporters: Avoid “occupied territory,” “refugee camp,” and “genocide”

Friday, April 26, 2024

This kind of systematic bias isn't just misleading to readers. It powerfully shapes the policy debate in Washington. I've covered US politics for almost two decades, and I can tell you that no

What Does Donald Trump’s Gag Order Really Mean?

Friday, April 26, 2024

Columns and commentary on news, politics, business, and technology from the Intelligencer team. Intelligencer FRIDAY, APRIL 26 Donald Trump Is a Special Kind of Courtroom-Discipline Problem Judge

I Found EltaMD Sunscreen on Sale

Friday, April 26, 2024

23 things on sale you'll actually want to buy. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission.

GeekWire Awards: Grab tickets before the big show sells out

Friday, April 26, 2024

GeekWire Awards: Grab tickets before the big show sells out Limited number of GeekWire Awards tickets released The much-anticipated GeekWire Awards — celebrating the top innovators, entrepreneurs and

A Diamond in the Rough

Friday, April 26, 2024

An American Story, and New Shirts! ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Are we going to see more nonprofit newsrooms team up?

Friday, April 26, 2024

PLUS: How Ben McCarthy built a Salesforce-focused media company with 400000 monthly readers ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Would you choose cohabitation over marriage?

Friday, April 26, 2024

Plus: Home Planet, Trudeau's plan to fight populism, and more. Each week, a different Vox editor curates their favorite work that Vox has published across text, audio, and video. This week's

The jeans we’re wearing this spring

Friday, April 26, 2024

If you miss skinny jeans ... ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏