Kevin Weiss is the Vice President of Retail Media at Skai, which powers digital advertising and market intelligence for the world’s top brands and agencies. As an executive eCommerce leader, he has helped enterprise, mid-market, SMB, and emerging businesses with their marketing efforts. Before Skai, Kevin was the VP of Growth and Strategy at Amplio Digital, where he facilitated the company’s acquisition in 2020.
The ever-evolving retail media ecosystem has led digital marketers to experience FOMO (fear of missing out). With incrementality as a coveted retail media trend, brands are looking to incorporate it into their advertising campaigns. But this concept lacks a well-defined, universal meaning. Despite these inconsistencies, how can you harness incrementality to optimize your retail media strategy?
According to marketing industry thought leader Kevin Weiss, incrementality is subjective. Rather than following a linear process, achieving revenue results with this trend depends on unique brand strategies and goals. Determining an optimal level of incrementality requires identifying your desired growth metrics. For instance, you may benchmark incrementality against share-of-voice, top-line sales, or gross margins. Additionally, each retailer offers distinct advertising features and measurements, so you must analyze individual criteria to maximize profit.
In today’s episode of The Digital Deep Dive, Aaron Conant talks with Kevin Weiss, the VP of Retail Media at Skai, who offers clarity on incrementality in the retail media space. Kevin shares foundational strategies for incremental retail media advertising, how to run ads to boost product rankings, and the benefits of product holdout testing for retail media.
BWG Connect provides executive strategy and networking sessions that help brands from any industry with their overall business planning and execution. We network and knowledge share together to better understand and adapt to the newest trends, strategies, and pain points shaping growth in the digital space. BWG Connect, in conjunction with BWG Strategy, has built an exclusive network of 125,000+ senior professionals and hosts over 2,000 virtual and in-person networking events on an annual basis.
In addition, we have had 1x1 conversations with over 5,000 brands and have a real-time pulse on what digital strategies are successful and why. This in-depth knowledge allows our team to operate on the cutting-edge and provide our clients with best-in-class guidance on how to win in the digital world. We have provided free consultations and strategy sessions for companies of all sizes, from start-ups to Fortune-100, to enable growth, resolve issues and make curated service provider introductions that can impact your digital footprint.
We have held to the philosophy of providing high-level insights and actionable knowledge with no sales pitches in order to provide to our network the ability to listen, learn and act to improve themselves as well as their organizations. Our ultimate goal is to be the resource out there to help digital executives find the research they need to excel in the modern marketplace.
If you are interested in getting involved with any of our current or past events, you can find them here. If you are looking for help & would like to set up some time to chat with our team, you can schedule a time or reach out directly to Aaron@bwgconnect.com or Tiffany@bwgconnect.com.