Amazon in AI partnership to help brands measure ad performance
Amazon is collaborating with an artificial intelligence-enabled market insight platform to measure the sales impact of ads across multiple retailers.
The e-tail giant and Stackline have rolled out a multi-retailer attribution platform. Known as Stackline Multi-Retailer Attribution, the solution combines proprietary audience technology and Amazon Marketing Cloud functionality to quantify all consumer purchases driven by their Amazon advertising investments across all major retailers.
Historically, retailer attribution models have focused on a single retailer’s performance, meaning Amazon advertisers could not measure transactions that began with engagement on the Amazon site but ended with a purchase at a different retailer.
However, the Amazon-Stackline approach measures consumer purchases across retailers and channels at the individual product level and then connects that behavior back to shoppers who engaged with an Amazon campaign.
“Today’s announcement marks a significant milestone in the evolution of digital advertising analytics,” said Michael Lagoni, CEO of Stackline. “By partnering with Amazon, we offer our clients a unified view of their customers’ journeys, transcending traditional single-retailer limitations. This new capability enables brands to allocate their advertising budgets more effectively and maximize their marketing ROI.”
“Stackline’s technology and Amazon’s data capabilities together empower brands to see not only the direct effects of their advertising on Amazon but also the broader influence on offline and online sales across the entire retail ecosystem,” said Mitch Keidan, co-founder and head of product at Stackline.
Chain Store Age
Related news
Csaba Kollár: “I am a humanist, but I really like AI”
Csaba Kollár was interviewed in Trade magazin’s Future Talks business…
Read more >Coca-Cola is testing an AI-powered vending machine
Coca-Cola has unveiled its latest development, the Coke&Go smart cooler…
Read more >Two from three consumers expect a better shopping experience
According to The State of Customer Experience report of Genesys,…
Read more >Related news
Viktor Orbán spoke about the extension of the margin freeze
A decision on extending the margin freeze to household and…
Read more >From June, it will be illegal to sell energy drinks to those under 18 – this is how home delivery will be controlled
Hungary’s Parliament has unanimously passed a bill that bans the…
Read more >Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >