Scott's Thoughts

From Cannes to Commerce: Retail Media's Growing Influence

Scott Benedict

Ever wondered how the retail media landscape is evolving beyond traditional advertising? In this eye-opening exploration of insights from the Cannes Lions International Festival of Creativity, I share fascinating developments that are reshaping how brands connect with consumers through retail channels.

The retail media revolution is gaining momentum as it transforms from simple website banners into a sophisticated cross-platform discipline. Today's strategies seamlessly integrate retailer websites, mobile apps, social media, and connected TV to create cohesive consumer experiences. While giants like Amazon and Walmart leverage their massive scale, don't overlook the potential of regional powerhouses—HEB in Texas and Publix in the Southeast demonstrate how smaller players with deep community connections can deliver exceptional value to advertisers seeking engaged audiences.

What truly excites me is how retail media has matured beyond pure performance marketing. First-party data and clean room technologies now provide unprecedented closed-loop attribution, giving marketers refined ROI measurements that were previously impossible. Simultaneously, campaigns are becoming more creative and storytelling-driven, balancing tactical efficiency with emotional resonance. And naturally, AI is accelerating innovation across measurement, campaign building, and optimization, making retail media more intelligent and agile than ever before.

The boundaries between media, technology, culture, and retail continue to blur, creating a fascinating convergence that was on full display at this global event. Are you leveraging retail media in your marketing strategy? Subscribe to hear more insights on how the retail landscape is evolving and what it means for brands, retailers, and consumers alike.

Speaker 1:

Hello everyone, I'm Scott Benedict. I was reading recently about the Conn Lions International Festival, Creativity, and there's a lot of new news and interesting insights that came out of this year's events that I thought were kind of interesting. Event you you may not be from a marketing or advertising background, but basically this event is an annual global event that is held in con france, typically in june. It celebrates excellence and creativity across advertising, brand communications, digital marketing and now retail media, which is why those of us involved in retailing find it interesting. In fact, the event has kind of evolved from a traditional advertising event to be a lot more of a cross-industry summit focused on creativity and commerce and where the lines between media, tech, culture and retail have increasingly begun to blur. Now, among the key learnings that I saw from friends of mine who attended the event were included, or included that retail media is really evolving into a cross-platform discipline, reaching consumers not just on a retailer's website or mobile app, but also on social media and across smart TV or connected TV.

Speaker 1:

Retail properties, which we've heard a lot about here recently. Now scale advantages for major players in the space, like Amazon, walmart and others, are creating a little bit of a winner-take-all dynamic. But the thing I've seen in my experience as a retailer is that smaller, regional players in retailing also have tremendous reach with consumers and thus should be interesting to advertisers as well, not just bigger players. Think HEB in Texas or Publix in Florida and the Southeast as two great examples of that. Now, first-party data and clean room setups are enabling a degree of closed-loop attribution and allowing marketers to really get a much more refined ROI story available for themselves and for their advertisers than probably has been available at any point in the past.

Speaker 1:

Retail media campaigns are also becoming more storytelling driven, more award worthy and not just performance marketing tools, but also have a lot of interesting creative elements as well. And, of course, any discussion about retail media or retail marketing would have to include AI, and AI and some of the more advanced measurement and campaign building technologies are just becoming smarter and more agile elements of retail media, and this event certainly reflected upon that as well. Now some total retail media is just becoming a more powerful and valuable element of the broader retail community, and retail marketers and brands are collaborating more and more to maximize the potential of that space, and it's fascinating to watch, particularly when it manifests itself at global events like this most recent event in the south of France. That's what I continue to monitor and have been reading about. Thanks for listening. I'm Scott Benedict.