Research from PubMatic Reveals Two-Thirds of European Retailers are Increasing Investment in Commerce Media
Published: 25 Jan 2023
PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, announced findings from a new report into the thriving European commerce media landscape. The study, “The Evolution of Commerce Media in Europe”, commissioned in partnership with ExchangeWire, revealed that 67% of commerce media companies and retailers are planning to increase investment in this area, and 24% are planning to maintain an already healthy level of investment.
The original quantitative findings in this report were derived from a survey of 112 commerce media company professionals in France, Germany, Spain, and the UK. The findings cover how sellers of goods and services within Europe are interacting with commerce media, the core drivers and barriers to increasing commerce media investment, and how retailers are working with technology partners to capitalise on opportunities within the sector.
“This study proves that there are significant growth opportunities within the European commerce media market. The findings will better enable advertisers, publishers and the broader digital advertising industry plan ahead and create optimal advertising experiences for consumers,” said Babs Kehinde, Senior Director, Commerce Media at PubMatic.
“It is clear that irrespective of company size, commerce media is a priority for both the buy- and the sell-side and that adapting to the requirements of the next generation of media buyers will be key to success for publishers and technology companies. Agencies that have invested in ‘programmatic-first’ talent are in a position to lead a rapid acceleration of automated, data-driven trading in the coming years.”
"Commerce media will be a key driver of revenue for European retailers in 2023 and the findings from this research show that 2023 will be an important time for establishing partnerships with third-party vendors. The acceleration of data-driven RTB strategies will be powered by technology and expertise and is an area that requires considered investment." said Mat Broughton, Senior Editor at ExchangeWire.
Download the study here
The original quantitative findings in this Insights & Attitudes report were derived from a survey of 112 commerce media company professionals in Europe. The surveyed markets were France (FR); Germany (DE); Spain (ES); and the United Kingdom (UK). Responses were collected from 4th November 2022 to 10th November 2022.
Commerce media: Commerce media is defined as advertising sold within digital properties in which products or services are also sold. This typically comprises retailer websites and apps, or online marketplaces, though it can also include on-site digital displays such as store entrance screens and in-store signage. Commerce media also comprises off-site campaigns run by retailers using their shopper data on behalf of third-party brands that have their products listed on the retailer’s page or app.
Commerce media company: A commerce media company is any company that sells goods or services to customers, that has a view on the transaction data, and that makes those users available for targeting by advertisers onsite and/or offsite.
PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMatic’s sell-side platform empowers the world’s leading digital content creators across the open internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. Since 2006, our infrastructure-driven approach has allowed for the efficient processing and utilization of data in real time. By delivering scalable and flexible programmatic innovation, we improve outcomes for our customers while championing a vibrant and transparent digital advertising supply chain.
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