AI tools like ChatGPT are changing how people shop, and ads on a retailers’ sites can matter less when shoppers bounce between platforms. That, in turn, changes the way retail executives view retail media. Sherry Smith, president for retail media at adtech network Criteo, told Retail Brew we’re in a transition phase for retail media. AI should not be seen as an external threat, she said, but testing and learning with different types of ad formats that can support conversational commerce is important. One tool for this is Page Intelligence, which uses AI to optimize product pages so retailers and brands can see ad impressions and sales together, not separately, Smith said. Last year, Criteo started testing Page Intelligence and has recently started tests with retailers, according to the company. Smith spoke with Retail Brew about the state of retail media, growing scrutiny around ad measurement, and the company’s relationship with AI platforms. Keep reading here.—VC |