IAB’s second annual Connected Commerce Summit: Retail Reimagined brought together executives from across the commerce ecosystem for two days of exclusive keynote presentations, dynamic peer-to-peer discussions, and breakout sessions that dove deep into the rapidly evolving world of commerce. From the latest trends in data collaboration and commerce media technology to groundbreaking case studies on engaging consumer experiences, sessions illuminated the future of retail media and inspired attendees.
A huge thank you to our sponsors and participants—your support made this summit a resounding success. As we wrap up another incredible event, we look forward to seeing you next year!
Key Takeaways
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Joint Business Planning (JBP) as a Key Driver
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Retail Media's Expanding Role in Consumer Engagement
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Integration of Digital and Physical Experiences
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Data Utilization and AI for Personalization
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The Future of Retail Media: Collaboration and Sustainability
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Conclusion: Adaptation is Key to Thriving in the Future of Retail
Retail media is no longer just an advertising cost but a source of revenue for retailers, fundamentally shifting the relationship between brands and retailers. During the summit, Kavita Cariapa from dentsu, along with Kathryn Mazza from Hy-Vee, Inc. and Paul Brenner from Vibenomics, underscored that Joint Business Planning (JBP) goes beyond traditional media planning, driving deeper strategic collaboration between brands and retailers.
JBP aligns goals and resources, co-creating solutions that elevate both brand visibility and retailer profitability. This partnership-centric approach allows both sides to build a more cohesive consumer experience. For retailers, JBP helps transform their media assets into a revenue-generating tool, optimizing the shopper journey while supporting gross profits in industries traditionally operating on slim margins.
Live from #IABConnectedCommerce
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“We couldn't be more grateful to everyone who attended Connected Commerce 2024. During the event, we asked our attendees what it means to them.”
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“According to our newly released study, 70% of digital video advertisers are already using Commerce Video and nearly all of them plan to spend more in the future. So, what else might we see in the #commerce space? We asked our #IABConnectedCommerce attendees what they think.”
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“How often do you see products you want to buy while scrolling on social media? According to our newly released study, commerce video has become a popular shopping method for consumers. IAB asked our attendees what they've purchased lately.”
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“Our attendees have been hearing a lot about #RetailMedia throughout these two days of #IABConnectedCommerce... so we asked them to summarize it using only ONE word.”