#30DaysofRetailMedia | Day 5: Retail Media Glossary
Are you fluent in retail media?
I certainly wasn’t when I started studying this space last year. (So many acronyms! Holy moly.)
That’s why I compiled a glossary of common terms to help us speak the language of retail media.
See the glossary, below, which cites retail media experts like Amazon Ads, dunnhumby and The Trade Desk.
Scroll down for a short video, too.
What terms would you add?
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GLOSSARY OF RETAIL MEDIA TERMS
Adtech:
A set of technologies used for managing ads across channels, including search, display, video, mobile and social, with functions for targeting, design, bid management, analytics, optimization and automation of digital advertising.
>> Infographic: Retail Media Leaders – Tech Providers
Brand marketing:
A primarily top-funnel form of marketing focused on making a potential customer aware of a brand or product, and strategically nurturing them toward a future purchase using third-party cookies, behavioral data and demographic consumer data.
>> Infographic: Retail Media Reveals Marketing Silos
Closed-loop measurement:
Closed-loop measurement links exposure data from campaigns to transaction data, whether in-store or online.
Commerce media
The evolution of marketing, which incorporates elements of performance marketing and brand marketing to meet full-funnel objectives. Commerce media uses large-scale first-party data and a wide range of formats/channels (from video and CTV to contextual and sponsored product ads) — all while enabling closed-loop measurement.
Connected TV (CTV):
CTV refers to devices that are connected to the Internet and allow viewers to stream videos and music, and browse the web.
>> Infographic: CTV Shakes Up Retail Media
Cookie:
A small text file stored on the user’s computer, specifically designed to gather information from a user’s device to display relevant ads.
Customer lifetime value (CLV):
CLV shows you the predicted profit, over time, that a customer will bring you.
>> Infographic: Retail Media Metrics
Demand-side platform (DSP):
A DSP system allows buyers of digital advertising inventory (i.e. brand advertisers) to manage multiple ad exchange and data exchange accounts through one interface.
Digital out-of-home (DOOH):
DOOH advertising helps brands reach audiences in public environments, including digital billboards, bus signs, elevators, offices and gyms.
>> Infographic: Online vs. Offline Retail Media
Endemic brands:
Brands whose ads promote a product or service that is sold by the retailer.
>> Infographic: Endemic vs. Non-Endemic Brands in Retail Media
>> Short video: Endemic vs. Non-Endemic Brands in Retail Media
First-party data:
First-party data is information the retailer collects directly from its customers and owns, e.g. through a loyalty card scheme.
>> Infographic: Retail Media is All About the Data
Full-funnel marketing:
A strategy that considers the entire shopper journey in specific stages e.g. awareness, consideration and conversion.
>> Infographic: Retail Media Goes Full Funnel
New To Brand:
Metric that measures how many of your conversions come from customers who haven’t bought from your brand within the past year.
>> Infographic: Retail Media Metrics
Non-endemic brands:
Brands whose ads promote a product or service that isn’t sold by the retailer.
>> Infographic: Endemic vs. Non-Endemic Brands in Retail Media
>> Short video: Endemic vs. Non-Endemic Brands in Retail Media
Off-site retail media:
Paid media, including external websites, apps and social media.
>> Infographic: On-Site vs. Off-Site Retail Media
>> Short video: On-Site vs. Off-Site Retail Media
Offline retail media:
Offline touchpoints include physical stores, in-store samples, physical coupons and direct mail.
>> Infographic: Online vs. Offline Retail Media
>> Short video: Online vs. Offline Retail Media
On-site retail media:
Retailers’ owned media, including their websites, apps and influencer marketing.
>> Infographic: On-site vs. Off-site Retail Media
>> Short video: On-site vs. Off-Site Retail Media
Online retail media:
Online touchpoints include websites, mobile apps, social media and digital circulars.
>> Infographic: Online vs. Offline Retail Media
>> Short video: Online vs. Offline Retail Media
Programmatic:
Programmatic ad buying is the use of software to buy digital advertising. Programmatic advertising enables marketers to target audiences using more detailed parameters. This technology platforms provide access to dozens of third-party data vendors that provide audience segments for ad targeting at a cost.
Retail media:
A broad set of advertising tools and infrastructure, where brands leverage a retailer’s customer data, digital platforms, in-store experiences or customer analytics for advertising execution and measurement.
>> Infographic: Retail Media Networks (market overview)
>> Infographic: Retail’s Global Appeal (major players, all-channel touchpoints)
Return on advertising spend (ROAS):
ROAS is a marketing metric that measures the efficacy of a digital advertising campaign. ROAS helps online businesses evaluate which methods are working and how they can improve future advertising efforts.
>> Infographic: Retail Media Metrics
Share of voice (SOV):
SOV is a measure of the market your brand owns compared to your competitors. It acts as a gauge for your brand visibility and how much you dominate the conversation in your industry.
>> Infographic: Retail Media Metrics
Shopper marketing:
Activities focused on reaching a consumer along their online or offline shopping journey at the point of purchase.
>> Infographic: Retail Media Reveals Marketing Silos
Supply-side platform (SSP):
A supply-side platform is programmatic software for publishers (i.e. retailers) to facilitate sales of their advertising impressions.
Trade marketing:
A strategy focused on wholesalers, retailers and distributors rather than consumers, with the goal of increasing demand with supply chain partners and getting products in front of consumers.
>> Infographic: Retail Media Reveals Marketing Silos
Walled garden:
A network or service that either restricts or makes it difficult for users to obtain applications or content from external sources. For example, cable TV and satellite TV are walled gardens, offering a finite number of channels and programs to their subscribers.
What other terms would you add?
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Sources:
Amazon Ads, Bigcommerce, Brandcrush, Coresight Research, Criteo, Digital Marketing Institute, dunnhumby, Gartner, IAB Canada, Inside Retail, Intentwise, Liveintent, PC Magazine, Sprout Social, The Trade Desk, Valentin Radu
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30 Days of Retail Media series by Lisa Goller, Founder, Lisa Goller Marketing
RETAIL MEDIA FUNDAMENTALS
Day 1: Retail Media is On Fire
Video: Why Retail Media is On Fire
Day 2: Online vs. Offline Retail Media
Video: What’s the Difference Between Online vs. Offline Retail Media?
Day 3: On-Site vs. Off-Site Retail Media
Video: The Difference Between On-Site vs. Off-Site Retail Media
Day 4: Endemic vs. Non-Endemic Brands in Retail Media
Video: Endemic vs. Non-Endemic Brands
Day 5: Retail Media Glossary
Video: Speaking the Language of Retail Media
RETAIL MEDIA STAKEHOLDER GROUPS
Day 6: Retail Media Stakeholders
Day 7: Retailers’ Retail Media Needs
Day 8: Brands’ Retail Media Needs
Day 9: Tech Providers’ Retail Media Needs
Day 10: Consumers’ Retail Media Needs
Day 11: Retail Media Leaders – Retailers
Day 12: Retail Media Leaders – Brands
Day 13: Retail Media Leaders – Tech Providers
RETAIL MEDIA TRENDS
Day 14: Retail Media Fuels Global Growth
Day 15: Retail Media Reveals Marketing Silos
Day 16: Retail Media Sparks Restructuring
Day 17: Retail Media Sparks Retailer-Brand Collaboration
Day 18: Ad Buying & Selling Evolve With Retail Media
Day 19: Retail Media Goes Full Funnel
Day 20: Retail Media is All About the Data
Day 21: Retail Media Metrics
Day 22: Stores Evolve With Retail Media
Day 23: Why Grocery is a Retail Media Magnet
Day 24: CTV Shakes Up Retail Media
RETAIL MEDIA STRATEGY
Day 25: Retail Media Risks
Day 26: Retail Media Key Success Factors
Day 27: Retail Media Partnership Trends
Day 28: Retail Media PEST Analysis
Day 29: Who Has Retail Media Power?
Day 30: Retail Media – Looking Ahead

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