The company deprioritized underperforming business units: It sold off the assets of its ecommerce expert platform Hero for a pittance. It scrapped its open banking brand, Kosma, and just last month spun out and sold its Checkout business Kustom. Klarna also cut costs, partly by leaning on AI automation to trim its workforce. The company now employs 3,800 people, down from 5,000 a year ago.
Article
| Nov 14, 2024
His track record of investigating Silicon Valley hints at regulatory shake-ups, though ethical controversies may cloud his confirmation path.
Article
| Nov 14, 2024
Instacart, CVS, 7-Eleven see opportunity in in-store retail media: All three expanded ad capabilities in response to surging advertiser demand.
Article
| Nov 13, 2024
Over 80% of ad spending in the US for technology and electronics (87.1%), retail (82.9%), and consumer packaged goods (80.2%) is directed toward digital media, according to ĢAV’s August 2024 forecast.
Article
| Nov 13, 2024
By enabling nuanced, real-time audio translations, DeepL helps companies localize content, enhance CX, and reach untapped regions with tailored strategies.
Article
| Nov 13, 2024
In 2024, a perfect storm of technology, business, and consumer behavior trends will conspire to intensify the challenges of protecting brands on digital media.
Report
| Apr 10, 2024
Marketers are interested in exploring upper-funnel tactics while continuing to invest in lower-funnel strategies, requiring retail media networks (RMNs) to provide a combination of ad formats for a full-funnel effect. In addition, marketers want access to high-quality data for better targeting and personalization, and look to RMNs for enhanced measurement and optimization techniques.
Article
| Nov 12, 2024
Western Union has become the latest financial company to launch a media network, joining the likes of Chase and PayPal. “The biggest advantage [financial media networks] have is just breadth. So, unlike a retail media network, they capture the entire spending history that a customer has,” said our analyst Maria Elm on an episode of our Behind the Numbers podcast.
Article
| Nov 12, 2024
But did you know ĢAV also has a division focused on B2B media solutions? Partner with ĢAV today and connect your brand messaging with our powerful audiences. Visit ĢAV.com slash advertise to learn more. (00:27):. Hello everyone and welcome to the Banking & Payment Show: Behind the Numbers podcast from ĢAV. Today is November 12th, 2024.
Audio
| Nov 12, 2024
Amazon’s program democratizes access to compute resources and raises concerns about aligning corporate goals with academic freedom.
Article
| Nov 12, 2024
It’s one of the largest umbrella categories in media. Well over 250 million people in the US will watch OTT video this year, easily exceeding the number of those who will use social media or watch TV (roughly 230 million each). That leaves very little room for growth. Click here to view the full forecast for OTT video service users. Anyone who is online is likely already watching OTT video.
Report
| Apr 9, 2024
Chart
| Dec 12, 2024
Source: ĢAV; ESW
Chart
| Dec 12, 2024
Source: LG Ad Solutions
Broadcasting football games allows Amazon to receive sponsorships from national non-endemic brands like Little Caesars and Mercedes-Benz that don’t sell their products through Amazon’s ecommerce platform. Local sports are also coming to Prime Video. Amazon acquired a stake in bankrupt Diamond Sports Group in exchange for offering its regional sports networks through Prime Video.
Report
| Apr 8, 2024
Chart
| Dec 12, 2024
Source: LG Ad Solutions
Chart
| Dec 12, 2024
Source: ĢAV; ESW
Chart
| Dec 12, 2024
Source: ĢAV; ESW
Chart
| Dec 11, 2024
Source: Merkle; B2B International
Chart
| Dec 11, 2024
Source: Merkle; B2B International
Chart
| Dec 11, 2024
Source: Dentsu
Chart
| Dec 11, 2024
Source: Dentsu
That’s still larger than 19.4%, which their media networks will generate on the sell side. But that sell-side share should grow to 25.7% by 2027. Amazon will comprise just under three-quarters of retail media network (RMN) revenues this year. The mix between search and display advertising will hold steady. Most industries will have minimal changes in their spending mix in 2024.
Report
| Feb 29, 2024
On today’s podcast episode, we discuss what the arrival of SearchGPT means for the search universe, the best ways to market through emotion, what the November holiday shopping season storyline will be, what happens now we have reached “peak 徱”, the most suitable post-pandemic work arrangement, and more. Tune in to the discussion with Senior Director of Podcasts and host Marcus Johnson, Vice Presidents of Content Suzy Davidkhanian and Paul Verna, and Senior Analyst Blake Droesch.
Audio
| Nov 8, 2024
Commerce media networks are expanding beyond retail into new verticals like travel and financial services, creating opportunities for targeted advertising using first-party purchase data. The key to growth will be achieving a delicate balance, and engaging—rather than alienating—consumers.
Article
| Nov 8, 2024
TV media revenues: These dropped 6% to $4.3 billion, driven by declines in affiliate and subscription revenues and a slight 2% dip in ad revenue. Zooming out: Paramount’s performance showcases its transition toward becoming a streaming-focused business, a move that has brought significant challenges but also promising outcomes.
Article
| Nov 8, 2024