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In-Store Retail Media Monthly Newsletter – August
It is again time for our in-store retail media monthly newsletter. It’s been a busy summer in retail media, as markets are heating up and retail is seeking new revenue streams in the middle of the global inflation crisis.
In-Store Retail Media for Shopper Marketers
Shopper marketing is going through various major evolutions currently. As retail is in the middle of digital transformation also the forms of performing marketing and promotions inside a store a changing. One of the biggest business-critical developments affecting shopper marketers is the hyper-growth of retail media.
Top 4 reasons for retail to change for a better digital signage platform
Digital signage has never been so important as now. Here are four top reasons why you should check if your current system is up to date.
In-Store Retail Media Monthly Newsletter – June
This is our first in-store retail media monthly newsletter. In these newsletters, Doohlabs covers the fast-paced growth of retail media, especially from the viewpoint of physical stores. We gather the most important research, events, and developments about In-Store Retail Media around the globe for you.
The rise of In-store retail media and the role of programmatic advertising
Tiina Tikkinen is a renowned expert on digital media sales. In this discussion, Tiina and Janne (Doohlabs CEO) talk about the rise of in-store retail media, as well as the role and the future of programmatic advertising has in it and in digital out-of-home in general.
Online and in-store retail media – how do they differ?
We at Doohlabs are often asked how do the online and in-store media differ and what do they have in common? This article aims to clarify this subject and point out some of the key features of both retail mediums.
Creating in-store customer experiences digitally
Retail is going through two major evolutions in-store at the same time. On the other hand, the rise of retail media is changing thew way profits are made by transforming the in-store environments to an advertising medium. On the other hand, retail must find new ways attract customer in-store by creating retail spaces that generate memorable customer experiences. We in Doohlabs serve retail in responding the needs of both these trends. In this blog post, we introduce the new Doohlabs experience management platform.
What is in-store retail media?
Retail media has been stated to become a new USD 100 billion revenue opportunity for retailers. During the pandemic, and for especially during the last year it has been booming in retail forums. So, what is it all about and how does it relate to in-store marketing?
How to Measure the Retail Store of the Future
A new set of metrics and measurement of profitability is needed if store contribution is to be accurately assessed in this new digital retail world. And the key metric is a store's media value.
Entering The New Age Of Retail Media: How In-Store Advertising Is Taking Back Its Power
Declared “A $100 Billion Media Opportunity for Retailers,” in an article published by Boston Consulting Group in May 2021; in-store advertising has joined the growing list of industries to be disrupted by digital innovations. Major retailers race to create new, high-margin revenue by monetising their audiences and enhancing the customer experience.
Retailer, sell you store audiences to advertisers just like Facebook and Linkedin
Programmatic digital out-of-home offers retail a powerful tool to generate measurable results.
Why and how did Doohlabs pick up a winning ticket?
This is a story of how Doohlabs focused on in-store advertising automation while at the same time the tide was about to turn heavily in favour of Retail Media.
Omnichannel solution – how to connect your Loyalty Program to In-Store marketing?
Customer loyalty programs have become the standard way to provide benefits to customers within the past 20 years, and nowadays the usage of the customer data collected is what makes the difference for the retailer.
Measurability shifts to crucial from nice-to-have
In-store marketing and outdoor advertising are traditionally seen as brand advertising targeted for broad audiences, with wide reach but difficult to measure. In today’s market the big, global brands and suppliers struggle with small and agile local players, who benefit from their better understanding of local consumer behaviour.
How to choose the right digital signage software?
When talking to our customers and partners, we have noticed that it is not always clear when to choose a DOOH platform over digital signage software. This article explains what separates our platform from the rest and highlights the benefits for our clients.
What is In-store Retail Media and what has it got to do with Digital Signage?
Retail Media is a megatrend that has captured the attention of marketers. According to Forrester it is one of the hottest topics (with Metaverse) advertisers are talking about. At the same time, retail is rapidly refining its business models to benefit from this trend. But what does it have to do with digital screens and why should digital signage providers care about it?
How to add in-store screens to your retail media network?
Onsite and offsite retail media has been booming during the past couple of years. Forerunner retailers have already built or are launching their retail media services. For many others, solutions are on the planning table or in development. But what about in-store retail media? Why is it not happening hand in hand with online?
Retail aims to be an advertising media
For major retail chains, the next big digitalisation business opportunity may not lie only in e-commerce, but also in better monetisation of their in-store target groups. The best ones have already started the transition.
In-store Advertising Automation - retail’s equivalent to Marketing Automation revolution
Digital out-of-home takes your mind to outdoor environments, in places where you have big crowds to turn audiences for large screens. But in fact, by far the biggest growth in this area is happening in retail. Specifically, in in-store environments.
How to monetise your audience?
Retailers have space with an audience, but they don't usually know how valuable it is. According to estimations, combined ad spending in Digital Out-Of-Home (DOOH) and digitalised trade marketing will grow by 2024 to over 100 billion USD.
Is Retail Industry Missing The New Opportunity?
While digital space is becoming complex and having several growing pains, it reveals the unused opportunities for retailers: having a real world space with an authentic audience is a competitive advantage not to be missed.
Using microlocations to get most out of your marketing budget in out-of-home advertising
All advertisers aim to target their ads only for potential customers, yet few are actually able to. The technological possibilities in DOOH already exist, and it is utilised more and more.
Let us show you the business potential of audience analytics
Targeted content delivery to identified customer segments is possible also in digital out-of-home (DOOH) advertising. We are actively collaborating with organisations varying from retail to hospitals to uncover the opportunities of audience measurement and analytics.
Digital Out-Of-Home on the verge of a major change
Did you know that Digital out-of-Home (DOOH) is the fastest growing marketing media? Globally, the growth is increasing — from 12,5 billion (2016) to over 26 billion dollars until 2023, according to estimates.
The Second Transition of Digital Out-Of-Home
Digital out-of-home advertising is booming. Media sales is tailing social media and SEO and the organic growth of DOOH networks has been estimated around 20–30% yearly. While the industry is still experiencing the effect of the first transition — the digitalization — we are already entering the next phase.

Smart Retail Tech 2022 Expo
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What is retail media and what has it got to do with in-store?

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Retail Media & Marketing Trends – Entering 2022
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Glossary of terms

Wondering what is what and where to find the right acronyms? You've come to the right page.
AE

Ad Exchange

Digital marketplace for the buying and selling of ad space, connecting Supply Side Platforms (SSPs) and Demand Side Platforms (DSPs).

Ad Retention

A number of consumers who remember seeing an ad or a brand being advertised on an out-of-home display.

Agency Trading Desk

A trading system developed by large agencies to make programmatic purchasing more efficient for their customers. Agency Trading Desks usually access larger inventories through several DSPs and can be connected to additional data streams via Data Management Platforms (DMPs).

Coverage

The number of people who will see a campaign at least once.

Cost Per Action (CPA)

The average cost of a pre-defined action (conversion, click of a specific link, time on site).

CPM = Cost Per Mile

(also called cost per impression or cost per thousand), is a commonly used measurement in marketing & advertising. It is the cost an advertiser pays for one thousand views or clicks of an advertisement or the impressions of an DOOH display.

CPT, Cost per Thousand

The cost of delivering 1,000 impressions from individuals who notice the advertising on displays.

Data Management Platform (DMP)

A system for managing data used by agencies, advertisers, or publishers. Most first party data is managed and integrated with third party data to combine user information and activities as well as to optimise media purchasing.

Demand Side Platform (DSP)

A platform that allows brands and agencies to automatically bid on ad inventory. DSPs determine the best possible inventory for reaching a target audience, place buys, and report on the performance.

Demographic

Demographic profile of target audience or consumers intended for an outdoor advertisement who would most likely to be interested in your product or service. Defined by certain attributes, such as age, sex, race, ethnicity, income, lifestyle, brand/media consumption, interests, or purchase behaviour; or some combination for any geographic definition.

Digital billboard / digital signage

are also referred to as LED signs or digital signage that allow advertisers the ability to launch campaigns almost instantaneously and can be operated flexibly.

Display Period

Display Period is the interval of time or exposure when an digital out-of-home (DOOH) advertising campaign is run and viewed.

Distribution

The strategic placement of DOOH units across a market. The distribution of units will impact the reach of the campaign and the demographic profile of the audience that is delivered. Distribution - The strategic placement of outdoor units across a market. The distribution of units will impact the reach of the campaign and the demographic profile of the audience that is delivered.

DOOH, Digital-out-of home

OOH display that can change its advertising content using digital technology.

Effective reach

The number of persons within the target audience that is exposed to the advertising schedule of an average of three or more times.

FL

First-Party Data

Information regarding consumer behaviour that a company collects directly from its customers and owns. It can complement, enhance, and reduce the need for other types of data. It is very valuable due to its accuracy, and can contain for example subscription or CRM data.

First Price Auction

The winner of the bidding contest for an ad impression pays the price actually offered.

Footfalls

The number of who will pass by a location.

Frequency

The average number of times an individual notices an advertising message within a defined period of time. Frequency in DOOH advertising is typically measured over a four-week period, but can be reported for any campaign length.

GRP = Gross Rating Point

The total number of impressions delivered by an DOOH campaign expressed as a percentage of a target audience.

In-Store Advertising

Advertising that exists in retail spaces, such as grocery stores.

Impacts

The number of times a campaign is seen.

MR

Media Mix

The combination of media types and associated audience weight levels used together to meet the objectives of a media plan (or advertising campaign).

Media owner / network owner

is a company who owns and has the right to sell out of home advertising space

Multi-sensory experience

Sensory branding is a form of advertising that appeals to all the senses of an individual in relation to the brand.

Open Auction

In an Open Auction, a publisher allows access to all bidders connected via the SSP to have access on its inventory. The highest bidder wins the impression.

OTS, opportunity to see

The average number of times an individual notices an OOH advertising message during a defined period of time.

Out-of-Home (OOH)

All types of advertising intended to reach consumers outside the home.

Performance

Evaluation of a campaign's achievements after the event, often in terms of coverage and frequency.

POP, point of purchase

The point of purchase is where a buyer decides to purchase a product. It differs from POS, by preceeding customers action where they head to the checkout counter.

It is used when planning the placement of consumer products, such as product displays and signage strategically placed in a grocery store aisle.

POS, point of sale

Similar to POP term is the Point of Sale (POS) which is the point at which a customer pays for products, such as on a website or at a store checkout.

Programmatic advertising

is a way to automatically buy and optimise digital campaigns, rather than buying directly from publishers, designed to replace human negotiations with machine learning and AI-optimisation without human negotiations and pre-set prices. It is done through real-time auctions.

Retail media platform

A platform that organises and distributes campaigns and advertising in retail spaces, for example in-store,

Reach

The approximate percentage of a target audience’s population who notice an advertising message at least once during an DOOH campaign

SZ

Supply Side Platform (SSP)

A platform that allows publishers to automatically sell their inventory. It allows the setting of floor prices and the bundling of inventory for private marketplaces.

Third-Party Data

Aggregated data from e.g. platforms and websites that are not owned by the publisher or website operator.

Waste coverage or wastage

proportion of an advertising campaign’s expenditure or advertising weight that is seen by the wrong target audience or not seen by.at all by the right target audience. This means ad coverage reaches people who are not potential buyers and/or users, and therefore does not bring return on marketing investment.