Gartner Research

Maturity Model for Retail Media Network Advertising

Published: 09 May 2023

Summary

Retail media networks present an opportunity for CMOs to boost brand awareness, drive conversion and increase revenue. Use this maturity model to assess your current retail media network advertising maturity level with key stakeholders and take the steps needed to drive growth for your organization.

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Overview

Key Findings
  • Retail media advertising provides an opportunity for CMOs to target consumers based on their purchase history with third-party retail partners, but successful execution requires either dedicated internal specialists and an external support roster.

  • Almost half of multichannel marketing leaders stated that not having the right mix of specialists and generalists is a major impediment to successfully executing retail media advertising, according to the 2023 Gartner Multichannel Marketing Survey.

  • Improving retail media advertising maturity requires marketing teams to focus on five dimensions: retailer prioritization, team and role structure, media measurement, budget optimizations and audience segmentation.

Recommendations

To increase retail media advertising maturity:

  • Determine

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Analysts:

Greg Carlucci

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