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Mike Murphy Mike Murphy

Retail media's four big problems are really one problem

The four-item list will keep showing up in industry decks, since it describes what the job feels like day to day. Treat it as four problems, though, and you'll end up buying four fixes. Most of it comes back to not being able to compare networks honestly.

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Mike Murphy Mike Murphy

How to Measure Retail Media Incrementality

Attribution works backwards from a conversion and assigns credit. Causal measurement isolates what the ad actually caused, after stripping out everything that would have happened regardless.

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Mike Murphy Mike Murphy

Experiments are a moving target in retail media

The conditions of commerce are always changing, but that isn't noise to be engineered out of tests. Pricing, promotions, ratings, and reviews – these are foundational factors that influence consumer behavior, and therefore are essential inputs to media decisioning.  

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Mike Murphy Mike Murphy

Next year's retail media ask is already decided

Next year's retail media ask will be set by the retailer’s P&L, not the brand’s results. Which leaves brands two questions to answer before the number lands: where this money should come from, and what it's actually buying.

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Mike Murphy Mike Murphy

Which Retail Media Measurement Wave Are You Riding?

How you measure, what signals you trust, and whether those signals connect to real decisions determines how mature your measurement is. In other words, your measurement approach is a sign of your measurement maturity. 

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