Retail media’s ascent shows no signs of slowing. What started as an experimental channel a decade ago has ballooned into 150 global networks with a projected annual growth of 12% in the next two years.
By establishing retail media networks, retailers can see profitability margins of over 50%—significantly higher than classical retail—along with real-time insights about consumer preferences that help them close the loop from advertising impression to sale.
expected growth per year globally through 2026
estimated increase in spend from 2022 to 2026
Consumer products companies can also reap multiple benefits from retail media’s explosive growth: precise and personalized marketing with high conversion rates, a deeper understanding of the shopper journey, and a cost-efficient test-and-learn mechanism.
Retail media has the potential to be a key source of growth for retailers and consumer products companies alike, but it requires strategy, expertise, and a suite of new capabilities.