Per IAB and Grocery TV research cited in The Shelby Report, marketers increasingly recognize retail media's full-funnel impact (awareness through conversion), yet 43% of marketers say they underutilize it, signaling a lag between perception and deployment.
ReadingThe steal: if you sell CPG or food products and less than 30% of your media budget flows through in-store retail media networks (Instacart Ads, Amazon Advertising, Kroger's platform, Walmart Connect), you're in the gap. Audit your current media spend by channel. Move 5–10% from upper-funnel digital to in-store retail media. Test on one key account (Kroger, Whole Foods, Target). Run a 90-day in-store retail media campaign: sponsored shelf displays, digital aisle signs, product listing ads on the retailer's digital platform. Measure lift in on-shelf velocity (ask the account manager for weekly scans). If in-store spend delivers 2x ROI of upper-funnel spend (common in CPG), expand it to all accounts. This is not a new channel—it's a reallocation of existing budget to a channel where 43% of competitors are sleeping.
WatchWatch whether retail media networks roll out AI-powered attribution to prove cross-channel impact, which could close the gap between perception and spend.