1. Partnerships & Alt Profit

Nectar360 and The Trade Desk partnership set to ‘open up new horizons for retail media’

Nectar360, which owns and operates Nectar, the UK’s largest coalition loyalty programme, as well as managing Sainsbury’s and Argos retail media services, has announced a partnership with advertising technology specialist The Trade Desk.

This will enable advertisers to target campaigns to Nectar audiences, optimise and report on the performance of ad campaigns through a combination of Nectar360’s and The Trade Desk’s capabilities.

According to a press release, the move will “enable brands to clearly connect their digital marketing campaigns running across the open internet with in-store and online sales”.

Companies will be able to build and run advertising campaigns beyond Nectar360’s onsite offering.

The tie up expands Nectar360’s offsite reach, allowing advertisers to use Nectar audiences on channels across the open internet, including connected TV and online video inventory.  

“Our retail media technology is market leading, and we are very excited to combine it with the power of The Trade Desk to bring huge benefits to the market,” says Amir Rasekh, Nectar360’s Managing Director.

“This is the first phase of a partnership that we believe opens up entirely new horizons for retail media, linking up our already vast network of in-store, on-site and off-site opportunities with the open web, and planting retail media squarely in the digital marketing mainstream.”

“The holy grail for marketers is the ability to connect advertising with customer purchases,” says Tim Abraham, Senior Director of Data Partnerships, EMEA, The Trade Desk.

“As the digital landscape evolves and the industry moves towards new approaches to identity, our clients are seeking ways to close the loop and optimise campaign performance.”

“Partnering with Nectar360’s technology gives us the ability to provide advertisers what they want – which is rich data to target the right consumer and optimisation capabilities to inform media decisioning across the whole open internet.”

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