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How Connected TV is Powering Retail Media Growth
Author: Retail Media World |
January 12, 2025
Articles

What’s In Store for Retail Media Networks industry leaders explored how Connected TV (CTV) is reshaping the future of retail media. Ben Reynolds (Walkbase), Lindsay Pullins (Roku), and Jay Rajdev (ITV) discussed the intersection of CTV and retail data, the need for collaboration, and the opportunities ahead for retailers, advertisers, and media platforms.

The Role of CTV in the Retail Media Ecosystem

Retailers and brands are looking beyond traditional digital ad placements to create more meaningful customer connections. CTV presents a unique opportunity, acting as both an awareness driver and a performance marketing tool. As Pullins noted, Roku’s dominance as the leading TV operating system in the US, Canada, and Mexico allows advertisers to tap into valuable data insights while offering consumers a seamless viewing experience.

Rajdev shared how ITV, the UK’s largest commercial broadcaster, is working with retailers like Tesco and Boots to create data-driven ad solutions. With over 200 campaigns executed and 70+ measurement studies completed, ITV is demonstrating how retailer data can be leveraged for precise audience targeting on the big screen.

Overcoming Fragmentation with Innovation

While CTV provides an engaging format, brands and retailers still face challenges in navigating media fragmentation. Audiences are spread across platforms like TikTok, YouTube, and social media, making it essential to unify marketing strategies across channels.

For ITV, this means integrating retailer data into its self-service programmatic platform, PlanetV. Rajdev highlighted how ITV is automating audience segmentation to streamline ad targeting for retail brands, taking cues from the ease of use found in platforms like Meta Ads Manager and DV360.

Pullins echoed this sentiment, pointing to Roku’s ability to collapse the marketing funnel by combining brand awareness with measurable retail outcomes. By integrating retail media data with CTV campaigns, advertisers can move beyond Return on Ad Spend (ROAS) to track incrementality and long-term impact.

The Future of Retail Media: Personalization, Automation, and Shoppability

As retail media matures, the next frontier is making advertising more actionable. Both Roku and ITV are investing in solutions that reduce friction between awareness and conversion.

  • Shoppable TV: Roku’s partnership with Walmart Connect allows users to purchase products directly from their TV screen in just three clicks, creating a seamless shopping experience.
  • Lead Generation on CTV: ITV is launching a new ad format that enables viewers to express interest in a product or service via their remote, providing valuable first-party data for advertisers.
  • Automation & AI: ITV is working to automate the integration of retailer audience segments into its ad-buying platform, making it easier for CPG brands to reach relevant shoppers at scale.

The Key Takeaway: Collaboration is Critical

Both speakers stressed that successful retail media partnerships require cross-functional collaboration. From aligning efforts on data privacy policies to co-developing business roadmaps, retailers and media companies must work together to unlock the full potential of CTV advertising.

As Reynolds summed up, “We’re moving beyond silos to build highly targeted, data-driven media strategies that work for both brands and retailers.”

With the continued growth of CTV and the increasing sophistication of retail media networks, 2025 is shaping up to be a pivotal year for advertisers looking to close the loop between brand awareness and measurable sales impact.

You can see the discussion here.