Walmart is expanding the trial program and opening adjacent warehouses to support e-commerce and online delivery. Both of these moves are intended to improve the company’s e-commerce efforts and fight off the growing competition from Amazon. Specifically, Walmart will increase its in-store ad placements to be seen prominently in searches and browse pages. But what are the benefits of a new warehouse for Walmart? Let’s take a closer look.
Walmart’s media management arm, Walmart Media Group, recently rebranded as Walmart Connect.
To help promote a new brand identity, Walmart has rebranded its media management division as Walmart Connect Center to highlight the new company’s capabilities and mission. The new name also highlights Walmart’s efforts to increase awareness of its advertising features. The company can access many advertisement data, including shoppers’ preferences and brands. It aims to use this information to its advantage by promoting sponsored products directly on its website and in stores.
The new rebranding comes as Walmart’s media business has stepped up its efforts to grow its offsite media offerings. The company’s newly created Walmart DSP, built in partnership with The Trade Desk, is intended to help advertisers and agencies buy digital ad space. It also helps companies manage and monitor the ads they place. While Walmart’s rebranding of its media business may seem a little odd at first glance, it’s a significant move for the retail giant, which has been stuttering for years.
The new service will allow advertisers to buy a range of digital media formats. Advertisers can buy display, video, and search ads from onsite and offsite sources. Previously, advertisers had to purchase display ads through a managed service. But Walmart Connect allows advertisers to buy premium inventory across mobile, display, and video platforms and will also allow advertisers to use streaming audio and augmented targeting capabilities.
Omnichannel Advertising
Although the new division’s focus on omnichannel advertising is an important development for the company, the success of this new service could have disastrous consequences for its marketing strategy. With more than four thousand locations across the U.S., Walmart’s advertising revenues are expected to double by 2020. Furthermore, it will account for a substantial portion of the net search ad revenue this year.
The new division is attempting to mimic the success of Facebook by expanding its reach beyond its properties. To achieve this, it partnered with ad tech company The Trade Desk, a DSP provider that connects Walmart’s first-party data with a demand-side platform. It allows brands to micro-target Walmart shoppers through outside content channels and lead them to a digital ad.
In the coming years, Walmart’s omnichannel media management strategy will focus on expanding its reach into retail, offline, and online channels. The company plans to develop an enhanced search function and new “Omni experiences” that give brands more control over their products’ display. Ultimately, the omnichannel will improve measurement capabilities to enable more effective, accountable results and a stronger end-to-end offering.
In-store ad placements will appear prominently in search results & on browse pages.
The Walmart connection center allows businesses to create and manage in-store ad placements that appear prominently on browse pages and search results. The platform enables advertisers to target customers and capture their attention when they’re ready to make a purchase. With its advanced targeting features, advertisers can tailor their campaigns to meet their unique business goals. For example, a business could use the Search Brand Amplifier ad to increase brand recognition and showcase its product portfolio.
The benefits of Walmart Connect advertising are numerous. One of them is the ability to place dynamic, hyper-targeted ads in-store. Traditionally, in-store advertising relied on static ads, which resulted in low conversion rates. And therefore, it was not a profitable marketing strategy for most brands. Walmart Connect advertisements take advantage of the advanced capabilities of digital advertising to create ad placements that yield a better ROI. They are designed using the DSP and can be managed directly or in a campaign.
Another benefit of the Walmart connection center in-store ad insertions is access to the DMP of Walmart, which has decades of omnichannel consumer data. With in-store data, brands can target audiences more accurately and predict teenage pregnancy with near-perfect accuracy. Even Amazon is getting into the brick-and-mortar world by opening brick-and-mortar locations to obtain in-store data.
Locations
The Walmart Connection Center is the one-stop shop for various cell phones and accessories. You can purchase the latest trending mobile phones and iPhone accessories at these locations. You can also obtain contract mobile phone plans and get the best deal on your next cell phone at these stores. For information about these stores, please visit their websites. There is also a phone support center where you can find help in answering your questions. The customer service staff at the store will be happy to help you get the right phone.
