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Albertsons Launches In-Store Digital Retail Media Network


Retail

Albertsons Launches In-Store Digital Retail Media Network

Albertsons introduces an in-store digital retail media network to improve store traffic, brand awareness, and effective measurable advertising at a level few stores achieve.

Albertsons Media Collective which is the retail media segment of the Albertsons Companies, Inc., has launched an in-store digital display network which is changing the retail industry. Presented during the Cannes Lions International Festival of Creativity, the project will increase interaction with customers and raise brand awareness in the stores.

This summer, STRATACACHE will fuel the pilot program across a couple of Albertsons stores with retail technology. The network has all large-format digital screens in strategic locations such as store entrances and produce areas that enable the delivery of personalized messages and deals on offer directly to the shopper.

Retail media is developing dynamically, so Jennifer Saenz, the Chief Commercial Officer at Albertsons, said, "In-store advertising presents the latest engagement opportunities in real time. The platform combines a better shopping experience and actionable data for our partners."

By 2028, retail media will grow to more than 1 billion dollars, which indicates that advertisers are also genuinely interested in physical outlets. Post-decision measurement The Albertsons-STRATACACHE collaboration guarantees such capabilities as direct sales measurement and campaign performance information.

The effort is to prop up full-funnel retailing, which makes brands reflect on the purchases using underpinning exhibits, sound, and supportive media digital campaigns. Major players in the industry, such as Mondelz, commend the strategy because of its ability to convert retail at the shelf.

During the pilot, Albertsons Media Collective will roll out further plans to increase the number of locations; this will strengthen its retail innovation strategy.

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