Kroger’s retail media operation Kroger Precision Marketing said today it is launching an in-house self-serve advertising platform.
The company said the platform is designed to make it easier for advertisers to activate, measure, and optimize campaigns and access data rapidly to improve shopping experiences.
The new self-service platform will initially encompass Kroger’s existing product listing ads and onsite display advertising. It will later power KPM’s entire retail media service portfolio.
By building an in-house advertising platform, KPM said it would offer a more unified marketing strategy between various on-site and offsite media channels. The new platform will also pave the way for greater interoperability with other media activation and management software.
As a self-service advertising platform, initial capabilities will allow clients to:
“Retailers are creating the consumer-first future of advertising,” said Cara Pratt, Senior Vice President of Kroger Precision Marketing. “We know we need to remove friction from the retail media buying process. Building a new foundation of integrated technology empowers brands and agencies to maximize retail media’s potential. Together, we will deliver a more convenient, personalized, and inspirational shopping experience.”
All advertisers will be able to transition to the new platform before the end of 2023. Advertisers using third party management tools from Pacvue, Skai and Commerce IQ may still manage inventory through those platforms. Additional integrations will be announced in the future.