Your 101 to Retail Media in Europe
IAB Europe’s recently released 101 Guide to Retail Media provides a comprehensive overview of what Retail Media is, including a breakdown of on-site, off-site and in-store definitions, and essential guidance to the buying and selling of Retail Media in Europe. The Guide serves as a valuable resource for all industry stakeholders, offering an introduction to Retail Media and its growing significance in the European Market.
The Guide covers:
- Retail Media definitions
- Insights into how campaigns can be purchased
- Reasons why retail media is essential for brands
- An overview of available measurement and targeting options
- Best practices
- Case studies
Defining Retail Media for Europe
Retail Media has emerged as a powerful digital advertising tool in recent years, but as with any emerging technology or solution it is vital to first understand and define what we mean by Retail Media and to dispel any misconceptions or confusion surrounding the different aspects of it. To overcome this challenge IAB Europe’s Retail Media Working Group has created the first pan-European definitions of Retail Media in a digital advertising sphere. Working collaboratively with National IABs across Europe and drilling down into digital on-site, digital off-site and digital in-store, these definitions help provide a clear understanding of the Retail Media, and educate industry stakeholders on how to leverage it effectively.
Creating Standards for a Thriving Retail Media Market
A recent IAB Europe survey of over 100 Retail Media buyers and sellers found that over two thirds of buyers (70%) think the lack of standards for Retail Media is a barrier to investment. When asked about which standards are most important, the majority of buyers (90%) and sellers (84%) cited media and attribution measurement.
Get Involved!
IAB Europe is now working with its members and newly created Retailer Council in order to develop proposed standards for retail media in Europe. Find out more about this and how you can join and get involved by contacting Marie-Clare - puffett@iabeurope.eu
IAB Europe
IAB Europe is the European-level association for the digital marketing and advertising ecosystem. Through its membership of media, technology and marketing companies and national IABs, its mission is to lead political representation and promote industry collaboration to deliver frameworks, standards and industry programmes that enable business to thrive in the European market.