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Digital ad prices rise across channels as performance holds steady

Search Engine Land

Digital advertising spend increased across retail media, paid search, and paid social in Q2 2024, despite rising ad prices, according to new data from Skai. By the numbers: Retail media spend grew 21% year-over-year. Paid search spend increased 6% YoY. Paid social spend rose 13% YoY. The big picture. Why we care. Bottom line.

Price 100
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Retailers: Google is becoming your new category page

Search Engine Land

Third-party retailers. By displaying products, filters, reviews, pricing and more, Google is creating an Amazon-like experience without the need to visit a third-party site. Unless you’re one of these national retailers, most SEOs will tell you to ignore this query completely. Product descriptions. Dimensions.

Retail 124
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How to implement dynamic pricing without alienating customers

Martech

Dynamic pricing, once a standard practice in ancient marketplaces, is making a comeback in today’s digital age. As technology advances and consumer behavior shifts, businesses are increasingly exploring dynamic pricing to optimize their operations and improve profitability.

Price 82
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Q&A: What back-to-school season means for retailers, marketers

SmartBrief - Marketing

So, how can retailers and marketers put themselves in the best position to succeed? Deloitte Consulting’s “ 2024 Back-to-School Retail Survey ” breaks down consumers’ spending intent amid financial pressures, the effect of social media on spending plans and how leveraging generative AI can help attract tech-savvy shoppers.

Retail 97
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Winning the 2024 holiday retail season: A macro approach

Search Engine Land

As the graph shows, ecommerce retail sales have steadily grown, even as total retail has flattened. It shows a similar rebounding in ad prices, indicating marketers are pushing more money into both platforms as they chase growing consumer demand. So, how does that impact the marketer?

Retail 75
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The Future of Retail: AI’s role in predicting customer needs

SmartBrief - Marketing

In recent years, artificial intelligence has significantly enhanced the capabilities of various technologies in the retail sector, improving the way businesses interact with their customers. AI has become embedded into such key technologies as smart shelves, automated inventory management, and dynamic pricing algorithms.

Retail 109
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Does Demand-Driven Pricing Work? Fashion Brand Telfar Is Giving It A Try

Hubspot Marketing

This week, fashion brand Telfar took its reputation for price accessibility to the next level. During its latest clothing drop on March 27, the brand began testing a dynamic pricing model , letting customers determine how much they wanted to pay. Prices raised incrementally each second, capping at the full retail listing.

Fashion 132