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
Crisis resistance through AI and ESG
KPMG’s CEO Outlook 2024 survey reflects the views of more…
Read more >Sustainability pays off
The EY 2024 Sustainable Value Study involved 520 sustainability leaders,…
Read more >AI-Generated Ads May Have A Negative Effect On Consumer Perceptions
A new study by NIQ suggests that AI-generated advertisements could…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >