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Verticals outside of retail, such as financial services (e.g., Chase, PayPal) and travel (e.g., Lyft, Expedia), are increasingly leveraging their first-party transaction-based data to launch media offerings of their own. Non-endemic advertising is a natural fit for sectors that have access to purchase-based data but don鈥檛 sell products directly to consumers.

Similar to the regionalization strategy that Amazon recently deployed, Target鈥檚 model cuts down the distance goods travel even if it adds some redundancies. In doing so, it saves the retailer time and money by enabling it to optimize its network so that, for example, sunscreen and beach toys are located near Florida in January, but not near Maine.

The company expects around 65% of its stores will be serviced via automation by 2026, while 55% of fulfillment center volumes will travel through automated facilities, per a company release. The benefits of automation: Automation is one component of Walmart鈥檚 push to make its supply chain more connected, efficient, and responsive to consumer demand.

US premium travel credit card issuers should step up security features. Payments Trends to Watch for 2023. Yesterday鈥檚 Chart of the Day: All about Gen Alpha.

Cards have considerable room to grow in these areas, where recurring spending won鈥檛 dissipate and there鈥檚 considerable customer interest, per our 2022 US Cash-Back and US Premium Travel Credit Card Emerging Features Benchmark studies. Leisure travel, where spending has remained consistent, could be an exception.

For instance, there are measurement partners that specifically track travel bookings, another for brand lift, another for social sentiment, another for brand safety. Managing that many partners and evaluating so many disparate metrics is adding to overhead and workloads of marketing professionals. Many experts are also expressing concern with Google鈥檚 Privacy Sandbox.

Payment method optimization, which will help users optimize payment method choice by recommending stored options鈥攕uch as a co-branded travel credit card when purchasing an airline ticket鈥攖hat tilt rewards and benefits in their favor. Conversion boost, anyone?

The platform launched with personal finance content on credit cards, banking, loans, insurance, and investing, but Time hopes to expand into other ecommerce categories, including home, consumer tech, travel, and fashion. As this is Time鈥檚 first venture into ecommerce, it鈥檚 smart to leverage its established reputation as a publisher into the product recommendation space.

Its partnership with Airbnb can help it tap the travel marketplace鈥檚 huge reach as users seek more flexibility to pay for trips. A tie-in with Buddy, a personal finance app that targets Gen Zers and millennials, builds out Klarna鈥檚 open banking business. And agreements with Citcon and Ingenico can boost Klarna鈥檚 use at digital and in-store checkouts.

The digital wallet鈥檚 rollout has been slow, but we expect strong uptake in 2025 thanks to its innovative features and bank integrations

Travel demand is booming. Domestic tourism during the Lunar New Year rose 23% YoY, reaching 89% of its 2019 level, per China鈥檚 Ministry of Culture and Tourism. Domestic tourism revenues rose 30% YoY, to 375.8 billion yuan ($55.79 billion). Brands and retailers ranging from Nivea owner Beiersdorf and Walmart to Ralph Lauren noted an uptick in demand and traffic from Chinese consumers, per Reuters.

My signal is travel over the Memorial Day weekend, AAA expected nearly 44 million people to travel during that weekend, which was up 4% year over year. The TSA said that they hit a record all time high with a number of passengers screened in a single day. That was on Friday. And the AAA survey also found that a good chunk of Gen Z and millennials said that their travel plans were tied to events.

I bought a travel stroller that I had been eyeing, and I had it in my cart. And I waited to see if it went on sale, and I made that purchase real quickly. Sara Lebow (19:26):. Great. Travel now, stroll later. Zak Stambor (19:29):. I also did, but I bought the most boring-. Sarah Marzano (19:33):. Garbage bags? Zak Stambor (19:34):. ... items. I did not buy garbage bags. No.

Note: eMarketer data includes products or services ordered using the internet, regardless of the method of payment or fulfillment; excludes travel and event tickets, payments such as bill pay, taxes, or money transfers, food services and drinking place sales, gambling and other vice goods sales.

That was before the pandemic, but there are signs that China鈥檚 tourism industry is on the mend after the country lifted its severe COVID-19 restrictions. Domestic travel is already back at 90% of pre-pandemic levels, per Bloomberg, and inbound travel will likely surge in September/October thanks to promotional campaigns.

The gaps in our intellectual capabilities involve difficulties in solving specific problems like climate change, disease, and space travel. Instead of building AGI, humans could put more resources into small, focused AI models adept at specific use cases like discovery of new drugs and materials while ensuring we maintain control over AI.

Food services and drinking place sales (i.e., restaurant sales, restaurant delivery ordered online); travel sales; event ticket sales; payments such as bill pay, taxes, or money transfers; and gambling and other vice good sales.

Some of Google鈥檚 moves to add travel and shopping chatbots to its SGE could also lead to more seamless purchasing down the line. Plug-ins already bring some task-oriented functions into chatbots. ChatGPT now offers a variety of plug-ins that, while not autonomous, allow developers to integrate services like travel booking into ChatGPT. Amazon is similarly upgrading Alexa.

We expect to see more travel and hospitality businesses and quick-service restaurants follow suit to take advantage of large digital and in-person audiences. 2. Not every RMN will be able to rise above the clutter and scale. It鈥檚 difficult to keep track of just how many retail media networks (RMNs) are out there right now.

Are you a technology or travel retailer? Great news: In addition to retail, Microsoft and Roku studied your customers鈥� behaviors, too. For more on how you can integrate these three opportunities into your next strategy planning session, download the full white paper, 鈥淩eimagining Cross-Channel Measurement.鈥�.

Jamie Dimon told attendees: "We use [AI] for prospect, marketing, offers, travel, note-taking, idea generation, hedging, equity hedging and the equity trading floors, anticipating when people call in what they're calling it for, [and] on the wholesale side, answering customer requests.".

So I do wonder if there's something there considering these offhand relationships that are popping up in the travel industry. It's interesting. Sara Lebow:. And you have Expedia have partnering with OpenAI to have ChatGPT powered plugins. So that's something happening on an entirely different side of that travel world where I think all of these travel guys are getting into advertising in a new way.

鈥淐TV ad dollars travel down a long and winding road,鈥� wrote our analyst Ross Benes in our Connected TV Explainer report. And knowing what kind of inventory advertisers are actually buying isn鈥檛 simple either.