Flipping the playbook

Brands shift focus to checkout counters as retail media grows.

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Flipping the playbook

Brands shift focus to checkout counters as retail media grows.

In brief

Brands shift focus to checkout counters as retail media grows. Brands now prioritize checkout counters and quick commerce to drive sales amid fragmented consumer touchpoints. Originally reported by Financialexpress.

Consumer touchpoints double

The number of consumer touchpoints influencing 80% of purchase decisions has nearly doubled from 12 in 2018 to 21 in 2024.

Retail media as full-funnel channel

59% of marketers surveyed by MMA Global India now view retail media as a full-funnel channel.

Checkout counter focus

Checkout counter focus

Brands increasingly target checkout counters and quick commerce to drive measurable sales outcomes.

Brand building shift

Brand building used to be a megaphone; now it’s a dinner party where brands must be good guests in small conversations.

“Brand building used to be a megaphone. You bought the prime-time slot and hoped the whole country heard.”

Checkout counter strategy

The checkout counter is the brand’s last opportunity to increase basket value before a customer leaves.

Festive season spending

Many brands divert more budgets this festive season towards retail media, quick commerce placements and gifting bundles.

Mass media re-sequenced

Mass media hasn’t been replaced; it’s been re-sequenced for scale by digital-first brands.

Checkout counter benefits

Impulse purchases sit at the heart of strategies to increase basket value at checkout counters.

Retail media growth

Retail advertising grows at 25-30% annually, much higher than overall advertising expenditure at 8-10%.

Measurement challenges

A sale recorded after an advertisement may not be caused by it; brands must measure basket value impact.

“Brands should examine whether checkout advertising is increasing basket value, encouraging additional purchases or bringing new products into consideration.”

The bottom line

Brands now prioritize checkout counters and quick commerce to drive sales amid fragmented consumer touchpoints.

Read the original on Financialexpress

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