The news: Gopuff unveiled new advertising capabilities it says will help brands build deeper relationships with Gen Z and millennial customers.
They include:
Why it matters: Gopuff is counting on its new ad offerings to help differentiate it in a crowded retail media market.
Our take: Despite the deluge of dollars being poured into retail media, smaller networks like Gopuff are having a harder time winning over advertisers—unless they can prove they have a direct line to unique, differentiated audiences (Gen Zers and millennials, in Gopuff’s case) as well as the ability to meaningfully drive sales.
Go further: Read our report on The Retail Media Opportunity, or check out our US Retail Media Ad Spending Benchmarks: Q3 2024.
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