Digital Ad Education Resources Archive https://choozle.com/blog/category/digital-advertising-education/ Thu, 24 Oct 2024 21:17:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://choozle.com/wp-content/uploads/2024/04/Choozle_Favicon-150x150-1.png Digital Ad Education Resources Archive https://choozle.com/blog/category/digital-advertising-education/ 32 32 Track Digital Advertising Impact on Offline Conversions https://choozle.com/blog/what-is-offline-attribution/ Thu, 24 Oct 2024 09:54:48 +0000 https://choozle.com/?p=60005 Facebook Instagram X-twitter Linkedin Youtube How do marketers know if their digital campaigns are creating conversions and if customers are going offline when making purchases? This has long been the situation that caused sales teams and marketers to silo their efforts and track hard conversions and soft conversions separately, despite working towards the same goal. […]

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Cross-Device Tracking & Targeting 101 https://choozle.com/blog/cross-device-tracking-targeting/ Tue, 22 Oct 2024 08:35:39 +0000 https://choozle.com/?p=60310 Facebook Instagram X-twitter Linkedin Youtube Cross-device tracking is one of the most valuable tactics available to marketers today—for good reason. With U.S. consumers using more connected devices than ever, marketers need to reach their audiences seamlessly across all these touchpoints. The vast majority of Americans—97%—now own a cellphone of some kind, with nine in ten […]

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Tips for a Successful Automotive Marketing Strategy https://choozle.com/blog/automotive-marketing-strategy-tips/ Tue, 15 Oct 2024 10:07:25 +0000 https://choozle.com/?p=45300 Facebook Instagram X-twitter Linkedin Youtube Over the past few years, the car-buying cycle has significantly evolved with new trends and technologies, driving consumers to accelerate the shopping process from home. For many, the car-buying experience has shifted to an almost exclusively digital space. Now is the time for car manufacturers and dealerships to fully embrace […]

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Harnessing the Power of Retail Media in Digital Advertising https://choozle.com/blog/harnessing-the-power-of-retail-media-in-digital-advertising/ Tue, 08 Oct 2024 06:25:42 +0000 https://choozle.com/?p=34623 Facebook Instagram X-twitter Linkedin Youtube Retail media is taking a strategic position in the digital advertising space, emerging as a powerful, future-proof channel to bring brands closer to their target audiences. According to a recent forecast by eMarketer, omnichannel retail media ad spend is set to hit $59.98 billion in 2024. With such substantial investment flowing into this channel […]

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Leveraging Data for Precision Targeting

Successful retail brands are capitalizing on the rich reservoirs of data housed within major retailers’ ecosystems. By tapping into finely-tuned, purchase-based audiences, these brands achieve closed-loop measurement, accurately attributing online and in-store sales to their digital campaigns.

Retail media allows advertisers to target specific audiences based on their shopping behaviors, preferences, and demographics. This targeted approach enhances the effectiveness of advertising campaigns by reaching consumers who are more likely to be interested in the products or services being promoted.

Despite uncertainties surrounding cookie-based targeting and shifts towards opt-in advertising, retailers remain resilient, leveraging their vast repositories of first-party consumer data to drive personalized ad delivery and measured performance.

What is retail media?

In brief, retail media refers to advertising strategies where brands collaborate with retailers to reach their target audience. When you think of retail media, you probably think of more traditional examples, like branded in-store end caps or coupons and catalogs via direct mail, but modern retail media has evolved significantly with the digital transformation of the industry. 

By becoming a more integral part of the digital marketing landscape, retail media has become a mechanism where brands can leverage the data and, in many cases, the on-site inventory of their retailers and their respective platforms to promote their own products or services. Today, retailers are rolling out their own advertising platforms (see: Walmart ConnectAmazon Ads, or Kroger Precision Marketing) or partnering up with industry-leading buy-side platforms to provide advertisers the ability to target against their first-party, purchase-based audiences and accurately measure the corresponding performance and impact of their marketing efforts. So which retailer is leading the charge? 

Diversified Placement Opportunities

As retail and ad tech continue to merge, retailers are expanding their array of media placement options significantly. These encompass “on-site” advertising opportunities, which involve showcasing ads and videos directly on the retailer’s own websites or apps (for instance, Amazon Sponsored Product Ads). Meanwhile, there’s also what’s commonly known as “off-site advertising,” where retailers furnish advertisers with the necessary data to target their customers across third-party channels like Connected TV (CTV) streaming platforms, diverse web publishers, or social media platforms. Notably, all this is accomplished while leveraging the invaluable audience data inherent in their respective retail platforms.

4 Strategies for Retail Media Success

In the dynamic world of retail media, savvy brands are capitalizing on the wealth of data provided by retailers to execute highly effective omnichannel campaigns. These campaigns employ a diverse array of targeting strategies, each tailored to engage and resonate with specific audience segments, such as:

1. Competitive Conquesting: This tactic empowers advertisers to zero in on consumers who have previously or frequently purchased products from their competitors. Depending on the retailer’s capabilities, this approach can vary from broadly targeting frequent purchasers of products within your category to more precisely retargeting individuals who have recently bought specific items from your competitors.

2. Retargeting Past Purchasers: Particularly impactful for brands in industries like CPG, F&B, and apparel, retargeting past purchasers serves as a potent method to re-engage with an existing customer base. Whether the aim is to advertise a sale, introduce a new product, or maintain brand awareness, this tactic stands as a cornerstone within retail media, consistently delivering strong results across diverse campaign objectives.

3. Excluding Past Purchasers: Leveraging the same past purchaser data, many brands opt to exclude these individuals from their targeting efforts to ensure their ad impressions aren’t wasted on users who have already made a purchase and are no longer potential customers. This tactic is commonly employed by brands with a focus on one-time purchases, such as appliances or consumer electronics.

4. Targeting Lifestyle and Past & Predictive Category Buyers: Targeting Lifestyle and Past & Predictive Category Buyers: An essential aspect of retail media strategy involves leveraging retailer-syndicated lifestyle and purchase category segments to connect with the desired audience. Whether it’s a burgeoning healthy snack brand seeking out regular purchasers of organic or health-conscious products, or a pet food brand aiming to increase awareness among new or existing pet owners, this tactic serves as a fundamental upper-funnel approach for all retail media campaigns.

In summary, retail media is important due to its ability to target consumers effectively, provide valuable data insights, accurately measure results, and enhance the overall shopping experience. As the retail landscape evolves with technological advancements and changing consumer expectations, retail media is poised to become an even more crucial marketing strategy moving forward.

Ready to get started?

With Choozle, you gain access to a network of top-tier retailers and buy-side platforms, allowing you to execute strategic and high-performing media campaigns seamlessly. Whether your brand is featured on Amazon, Walmart, Target, Kroger, Albertsons, Walgreens, Meijer, Drizly, Fanatics, or any other major retailer, we’ve got you covered.

If your brand is already selling through these retail channels or simply interested in exploring the potential of retail media, our team is here to help. Reach out to us at sales@choozle.com, and let’s schedule a call to discuss how Choozle can tailor a solution to meet your specific marketing objectives. Let’s elevate your brand together.

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Hunter Phillips

Hunter Phillips is the Director of Business Development and Learning at Choozle and is passionate about helping companies drive growth through marketing technologies. Throughout his seven-year tenure with Choozle he has worked in various roles across AdOps, Product, and Partnerships. Before Choozle, Hunter led marketing efforts for several early-stage technology companies. Outside of work, Hunter spends his time traversing Colorado outdoors with his rescue pup, Pepper, and exploring all the new restaurants and live music Denver offers.

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Five Tips for Your Holiday Advertising Campaigns https://choozle.com/blog/holiday-advertising-campaigns-tips/ Wed, 11 Sep 2024 09:54:31 +0000 https://choozle.com/?p=45601 Facebook Instagram X-twitter Linkedin Youtube Less than twenty-four hours after Thanksgiving, it’s Black Friday. Forty-eight hours after Black Friday, it’s Cyber Monday. And after Cyber Monday, it’s a countdown to the holidays. It shouldn’t come as a surprise that Thanksgiving weekend accounts for the biggest eCommerce opportunity. Last year, brands pulled in a record $9.5 billion […]

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Holiday Marketing Strategies featuring Buddy the Elf https://choozle.com/blog/tips-holiday-marketing-strategy/ Sun, 08 Sep 2024 08:00:39 +0000 https://choozle.com/?p=47544 Facebook Instagram X-twitter Linkedin Youtube “I planned out our whole day: First, we’ll make snow angels for two hours, and then we’ll go ice skating, and then we’ll eat a whole roll of Toll-House cookie dough as fast as we can, and then to finish, we’ll snuggle.” – Buddy, Master Tinker Apprentice With the holiday […]

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Tip #1: “Santa’s Coming!” Start now

This tip might be an obvious one, but it shouldn’t be overlooked, especially this year. According to the National Retail Federation (NRF), “40 percent of consumers begin their holiday season shopping before Halloween.”

Beginning your digital advertising strategy at least two to three months in advance of the prime holiday shopping season is ideal. For most consumers, the buying process will start much earlier than when the purchase is made. It would be best to spend time and budgets showing your potential customers why they should buy with you well before they are ready to buy and nurture them through the sales process.

You are allowing an ample amount of time for the consumer to become aware of your brand. This will enable you to ensure you are serving to an audience that is most likely to buy, rather than initiating customer discovery at a time when sales are so critical.

If we can learn anything from Buddy, it’s that the best elves and marketers plan well in advance.

Tip #2: “The best way to spread Christmas cheer” is engaging creative

The holiday season is a time to stand out with your creative message. This is why it is our #2 tip. Creating eye-catching creative assets is one of the best ways to reach your desired audience. Your creative assets for your holiday campaign can be festive, emotional, or humorous, but it should be bold and fit with the overall theme or focus of this year’s efforts.

You should continue to think about how you can evolve your creatives and messaging to reflect your target audience’s current situation and context.

Another way to engage your target consumer is to include any special offers or deals on the creative, especially for returning shoppers. These can be displayed as the main headline, “Save with us this holiday season,” or the call-to-action “Save 15% Today”.  Most importantly, ensure you create unique touchpoints with shoppers who visited you over the past few months by serving up relevant offers appropriate for the holiday season. This way, you are reaching an audience that is already aware of your brand.

Tip #3: “Ow! Son of a nutcracker,” that didn’t work

Many consumers and retailers are looking forward to the holiday season, but they know that many traditional activities like Black Friday shopping aren’t a reality. More brands and stores are focusing on ecommerce sales, which is expected to increase competition even more. Around 61 percent of retailers expect more activity through digital advertising channels, and businesses are ramping up their holiday marketing plans. As we approach the holiday season, it is essential to note that many unknowns and strategies won’t always work.

But don’t fret, there are adjustments you can make to be successful. 

Whether you’re reaching for CTR, CPA, CPC, or reach, we recommend waiting about a week before making adjustments to your ad groups. This also applies to the types of targeting strategies you are using. With this amount of time under your belt, you’ll be able to see more accurate data on your results and decide where to make changes.

Tip #4: “You did it!” but don’t stop

As you start to make changes CPMs, keep in mind the bigger picture. If we look at the CPM trends of previous years, CPMs gradually increase with the last week in November, standing out as the tipping point on a slight upslope trajectory.

As the week’s progress in Q4, it is essential to keep a close eye on win rate and pacing metrics as they will indicate if your CPMs are competitive enough to win the available inventory. Think about planning by increasing your base bid and max bids before well Thanksgiving weekend to capitalize on increased demand.

Tip #5: “You want me to help?” we’re here for you

Consumer behaviors will take center stage this holiday season as they could shift and change quickly. Like every year, the holiday season may bring some surprises that will require marketers and brands to adjust their strategies. Looking at trends from previous years and how the pandemic has shifted preferences and habits, brands should prepare for that as they plan their digital strategies this holiday season.

These alternative delivery options are one example of how consumers are shifting their behaviors this holiday season. This year, it will be even more vital for you and your business to stay on top of your digital advertising efforts, their results, and how the marketplace is shifting to ensure you are making the most of the holiday season.

This year, many businesses and marketers are looking forward to the holiday season more than ever.  You aren’t alone in hoping that the holiday season could help to make up for lost revenue during the beginning of the year and start the New Year with a positive note.

So, we’re here for you. Reach out to our team of experts, and we’ll help sprinkle your advertising campaign with some holiday cheer.

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Optimizing Holiday Marketing Campaigns with Connected TV https://choozle.com/blog/optimizing-holiday-marketing-campaigns-with-connected-tv/ Tue, 03 Sep 2024 11:15:28 +0000 https://choozle.com/?p=47716 Facebook Instagram X-twitter Linkedin Youtube The holiday shopping season is here, and and retailers across the board have adapted their marketing strategies to accommodate shoppers’ new priorities throughout the season. With competition higher than ever before, marketers need to leverage every opportunity to reach consumers and build meaningful relationships during the holiday season. Connected TV […]

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Political Digital Advertising: Strategies & Best Practices https://choozle.com/blog/political-digital-advertising-strategies-best-practices/ Wed, 17 Jul 2024 04:32:27 +0000 https://choozle.com/?p=45534 Facebook Instagram X-twitter Linkedin Youtube Courthouse meet and greets aren’t enough to take home a win on election night anymore. As demographics in the electorate shift, political digital advertising campaigns need to be able to change the playbook and adapt to new technology that will propel them to victory. Using programmatic advertising and tapping into […]

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Back-to-School Advertising Best Practices with Third-party Data https://choozle.com/blog/back-to-school-best-practices-with-third-party-data/ Thu, 13 Jun 2024 10:07:34 +0000 https://choozle.com/?p=47250 Facebook Instagram X-twitter Linkedin Youtube The 2024 back-to-school season is here, marking the second-highest shopping volume of the year, trailing only the holiday season, presenting a critical opportunity for retailers and brands to boost sales and gain insights into consumer behavior ahead of the holiday shopping period. This season, however, brings unique challenges. While back-to-school sales […]

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Key Trends to Leverage for Back-to-School 2024

Extended and Diverse Shopping Timelines
According to the National Retail Federation, parents are spreading their back-to-school shopping over a longer period, starting as early as June and extending into September. This extended timeline is partly due to ongoing supply chain issues and a desire to find the best deals. It provides multiple opportunities to engage with consumers and adjust marketing strategies to capture their attention throughout the summer.

Hybrid Shopping Experiences
Consumers continue to balance in-person shopping with online conveniences. Deloitte’s survey indicates that 41% of back-to-school budgets will be spent online, a slight increase from last year. Additionally, hybrid shopping options like buy online, pick up in-store (BOPIS), and curbside pickup remain popular. These preferences highlight the need for flexible advertising strategies catering to online and offline shoppers.

Regional and Schooling Variations
Different regions exhibit varying preferences for in-person, hybrid, or remote schooling, influencing local shopping behaviors. Areas with predominantly in-person schooling may see higher demand for traditional supplies, while regions focusing on remote learning might prioritize technology and home learning aids. Tailoring your advertising strategy to these regional nuances can enhance relevance and effectiveness.

Strategic Approaches for Back-to-School Advertising

Leveraging Third-Party Data for Precision Targeting
Third-party data remains invaluable for reaching specific audiences during the back-to-school season. Platforms like Choozle provide access to detailed data segments from partners such as MasterCard, Dstillery, Oracle, and Dataonics. These segments help identify and reach in-market audiences based on their purchasing behaviors and interests, ensuring that your campaigns target those most likely to convert.

Relevant third-party data segments include:

  • Parents of school-age children: Identified through recent purchases of school-related items and activities.
  • Tech-oriented families: Targeted based on searches and transactions involving educational technology and remote learning tools.
  • Early planners: Consumers who typically begin their back-to-school shopping early to take advantage of deals and availability.

Embracing Contextual Targeting
Contextual targeting provides an alternative to third-party data by placing ads based on the content of web pages. This strategy aligns your advertisements with relevant content, such as educational blogs or parenting articles, ensuring your message reaches engaged audiences naturally. For example, placing ads for school supplies on websites discussing back-to-school preparation can resonate well with readers seeking such information.

Tapping Into Optimistic Consumer Sentiments
Consumers are drawn to positive and uplifting stories. Back-to-school campaigns highlighting themes of new beginnings, preparedness, and community resilience can tap into the enthusiasm of families gearing up for the new school year. Emphasizing readiness and the excitement of starting fresh can create a strong emotional connection with your audience, fostering trust and engagement.

Channels to Maximize Your Reach

Adopting an Omnichannel Strategy
Over the years, a consistently strong recommendation for digital advertising campaigns is not relying on just one channel to reach your target audience. An omnichannel approach is essential in 2024. Consumers expect a seamless experience across various platforms, from social media and search engines to e-commerce sites and physical stores. Your campaign should maintain a consistent presence across these channels, engaging customers wherever they are.

With big-box stores being the most popular choice for back-to-school shopping, retail media ad opportunities on platforms like Walmart and Amazon are worthwhile placements.

An omnichannel strategy aims to keep customers continually engaged with your ads so that when they are ready to buy, your brand is at the top of their minds, in the right place, and at the right time. For most marketers, understanding the dynamics of the new cross-channel customer behavior is the easy part. The challenge lies in aligning your marketing programs and ad spend with the influential moments and channels your audience responds to. Real-time reporting and optimization can help direct your ad spend to continue to reach audiences with effective means that drive conversions.

Focusing on Influential Moments
Understanding the key moments that drive purchasing decisions is crucial. For back-to-school shopping, these moments often occur in the weeks leading up to the school year, during major sales events, and around local school start dates. You can maximize your impact and ROI by aligning your ad spend with these critical periods.

Final Thoughts: Navigating Challenges and Seizing Opportunities

The 2024 back-to-school season offers significant opportunities but also presents challenges with its slower growth rate and changing consumer behaviors. Despite these challenges, the overall market remains robust, with significant spending on K-12 supplies and evolving shopping preferences.

To navigate this landscape, leveraging third-party data for precision targeting, embracing contextual targeting, and maintaining a strong omnichannel presence are key strategies. By aligning your campaigns with positive consumer sentiments and regional preferences, you can effectively connect with your audience during this vital retail period.

As families prepare for the new school year, a flexible and data-driven approach will ensure your back-to-school campaigns are impactful and relevant. Stay attuned to evolving trends and be ready to adapt as the season progresses, capturing a significant share of this essential retail event and setting the stage for a successful holiday season.

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Amplifying Back-to-School Strategies with Retail Media https://choozle.com/blog/back-to-school-retail/ https://choozle.com/blog/back-to-school-retail/#respond Wed, 12 Jun 2024 13:47:42 +0000 https://choozle.com/?p=55716 Back-to-school season ranks among the most critical shopping events of the year, particularly for retailers offering education-related products, clothing, electronics, and more. According to the National Retail Federation, back-to-school spending is projected to reach $189.7 billion by 2028, with college supply spending expected to exceed $90 billion in 2024. In this blog, we’ll explore how advertisers […]

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Back-to-school season ranks among the most critical shopping events of the year, particularly for retailers offering education-related products, clothing, electronics, and more. According to the National Retail Federation, back-to-school spending is projected to reach $189.7 billion by 2028, with college supply spending expected to exceed $90 billion in 2024.

In this blog, we’ll explore how advertisers can tap into this lucrative market by harnessing the power of retail media and data. Leveraging platforms like Walmart DSP and Amazon DSP—both accessible through Choozle’s managed services—brands can connect with shoppers across various channels and devices. Advertisers can optimize their back-to-school campaigns by utilizing insights from retailers’ first-party data.

What are Retail Media and Data Providers?

Retail media and data providers are platforms and solutions that allow advertisers to access inventory across the open web and on retailers’ properties. These platforms offer several benefits for advertisers who want to optimize their back-to-school campaigns, such as:

  • Access to large and engaged audiences: Retailers have millions of customers who visit their websites, apps, and stores every week, looking for products and deals. By using their retail media and data platforms, advertisers can tap into these audiences and target them with relevant ads based on their shopping behavior, preferences, and intent.
  • Omnichannel reach and measurement: Retail media and data platforms enable advertisers to reach shoppers across multiple channels and devices, such as display, video, audio, mobile, and connected TV. Moreover, they allow advertisers to measure their ads’ impact on online and offline sales by connecting online and in-store transaction data. This gives advertisers a fuller picture of which specific digital and in-store ads played the greatest role in increasing conversions and helps them optimize current and future campaigns.
  • More data than ever before: Retail media and data platforms have become more sophisticated and abundant than ever, thanks to technological advancements and the growth of e-commerce. They leverage the power of AI, machine learning, and cloud computing to process and analyze vast amounts of data from various sources, such as purchase history, browsing behavior, product reviews, loyalty programs, geolocation, weather, and more. This allows advertisers to create more personalized and effective ads that resonate with shoppers at different stages of their journey.

Two of the Leading Retail Media and Data Providers

Walmart DSP
Walmart DSP is a demand-side platform that marries the power of The Trade Desk’s industry-leading technology with Walmart’s expansive omnichannel first-party data. This leads to a differentiated offer that allows advertisers to leverage Walmart audiences to serve ads across The Trade Desk’s inventory across the open web. Walmart DSP also offers exclusive access to Walmart’s inventory across its website, app, email newsletters, streaming service Vudu, connected TV devices like Roku TV Editions Smart Soundbar or Streambar Pro, etc.
Learn more about Walmart DSP here.

Amazon DSP
Amazon DSP is a demand-side platform that enables advertisers to programmatically buy display, video, audio, and mobile ads both on Amazon’s own properties (such as Amazon.com, IMDb, Fire TV, etc.) and across third-party sites and apps that are part of Amazon’s network. Amazon DSP also offers access to Amazon’s unique audience segments based on its rich first-party data from its e-commerce platform, Prime membership program, Alexa devices, etc.
Learn more about Amazon DSP here.

Best Practices for Using Retail Media and Data for Back-to-School Advertising Strategies

Advertisers should leverage best practices to use retail media and data for back-to-school advertising strategies.

  • Start early: Back-to-school shopping typically starts in July and peaks in August, but some shoppers may start even earlier or later, depending on their needs and preferences. Advertisers should plan on launching their campaigns in early June to capture the attention of early birds and continue until the end of September to reach latecomers. A campaign brief 6 weeks from the start date is recommended to ensure proper planning and setup.
  • Segment your audience: Not all back-to-school shoppers are the same. Depending on their age group, grade level, location, device type, etc., they may have different needs, preferences, budgets, and motivations. Advertisers should segment their audience based on these factors and tailor their ads accordingly. For example, college students may be more interested in laptops and dorm essentials than elementary school students, who may need backpacks and stationery.
  • Test different creatives: Advertisers should test different ad formats, sizes, colors, images, copy, calls to action, etc., to see which ones perform better for different segments and channels. They should also use dynamic creative optimization (DCO) tools that automatically generate and serve the most relevant ad variations based on real-time data.
  • Optimize your landing pages: Advertisers should ensure that their landing pages match their ads in terms of content, design, and offer. They should also ensure that their landing pages are fast-loading, mobile-friendly, easy to navigate, and have clear calls to action. They should also use retargeting tools that remind shoppers of the products they viewed or added to their cart but did not purchase.

The Bottom Line

Retail media and data are powerful tools for advertisers to boost their back-to-school campaigns and drive more sales. Using platforms like Walmart DSP and Amazon DSP, advertisers can reach large, engaged audiences across multiple channels and devices using retailers’ first-party data insights. They can also leverage more data than ever to create personalized and effective ads that resonate with shoppers at different stages of their journey.

Ready to supercharge your back-to-school campaigns? Dive into the world of retail media with Choozle’s managed services. Our expertise with Walmart DSP and Amazon DSP can help you tap into vast audiences and optimize your strategies with powerful first-party data insights.

Don’t miss out on connecting with millions of engaged shoppers. Start planning your campaign with Choozle today and make this back-to-school season your best! Get Started.

Picture of Sarah Lilly

Sarah Lilly

Sarah Lilly, Product Marketing Manager at Choozle, brings the team a wealth of marketing experience. She began her career in digital advertising and later transitioned into product marketing. Collaborating extensively with cross-functional teams, Sarah refines product strategies to meet evolving market demands, ensuring that Choozle’s solutions remain at the forefront of digital advertising. In her spare time, you can find her curled up with a good book and her pup, Huey, or exploring Denver with friends.

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