NYKG's Retail Media Roundup: The Best Things You'll Read This Week

By Nikolai Lien

|

August 14, 2019

Article

What is the best model for your Sponsored Product Ads offering?
(Mabaya)

Image: Mabaya


What we learned: Everyone knows that Amazon offers CPC-based Sponsored Product Ads. But what about the other marketplaces? Did you know that eBay plans to add a CPC-based model next to their CPA-based Promoted Listings? And what about the retail media advertising programs of the hidden champion marketplaces?

Read it here

 

Article

China’s Digital Ad Spending 2019
(eMarketer)

Image: eMarketer

What we learned: Alibaba’s retail media operations capture roughly 33% of digital media ad spend in China. That raises a clear question: can retail media in the US and the western world become as significant? In comparison, Amazon is projected to capture around 9% of digital ad spend in the US.

Read it here (Pro content)

White Paper

The 2019 Online Marketplaces Report
(Internet Retailer)

What we learned: eCommerce marketplaces disrupt the traditional eCommerce model. The numbers from the 2019 Online Marketplaces Report estimate that marketplace GMV worldwide accounts for roughly 50% of global eCommerce sales, exhibiting a growth of 20% from 2017 to 2018.

Read it here (Pro content)

Classic Blog

"Defining Aggregators"
(From Ben Thompson's "Stratechery" blog)

Amazon retail sits between suppliers and customers
Image CC: Ben Thompson



What we learned: In this classic article from 2017, Ben defines a comprehensive framework on how to think about platforms. He uses the term aggregator to describe the most important attributes of a platform: Direct user interaction and zero marginal costs to serve new users.

This definition excludes the margin-based e-commerce businesses, as the marginal cost of goods sold (COGS) and logistics costs to serve new shoppers are not zero. But it applies to marketplaces and many other aggregators like Netflix and and AirBnB.

If you haven't read anything from Ben Thompson, prepare for a mind-blowing experience.

Read it here



 

 

 

 

Tags:
No items found.

Sign up for updates

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Readers Also Enjoyed

The Single-Brand Retailer's Challenge: Balancing DTC Success with Online Marketplaces

By

on

August 14, 2019

How can single-brand retailers succeed in the shadow of the platform economy? This article explores the opportunities and pitfalls associated with selling through online marketplaces.

Read more
NYKG's Retail Media Roundup: The Best Things You'll Read This Week - 8/1/19

By

on

August 14, 2019

This week's roundup includes a superb article from The Business of Fashion. You'll also find eye-watering statistics around changes to online retail (eConsultancy), and musings on the power of platforms (Ben Thompson's Stratechery blog).

Read more
NYKG Meets: Brian Doherty - Manager, Integrated Marketing & Partnerships, Zulily

By

on

August 19, 2019

Discovery shopping expert Zulily works with partners to create successful "discovery shopping" campaigns. We caught up with Head of Integrated Marketing and Partnerships, Brian Doherty, to learn how they empower global and boutique brands - from sampling programs to co-op marketing funds.

Read more