CitrusAd and AdsPostX announced a global retail media partnership that empowers retailers to provide relevant ads through a customer’s complete shopping experience, to the confirmation page after they checkout. AdsPostX launched their post transaction ad platform to bring optionality, controls and flexibility to a space currently led by Rokt.
“We are excited that a category leader such as CitrusAd has chosen our technology and our team to be their post transaction partner. We look forward to doing our part in helping their retailers maximize their potential and drive incrementality in the retail media space.”
Jon Nolz, the former Head of Groupon’s Retail Media network and now CEO of AdsPostX says, “Our company offers retailers an easy-to-integrate ad platform that drives high-yielding revenue from advertisers they don’t currently get access to, on top of providing opportunities to existing advertisers. We are using machine learning to enhance a retailer’s shopping experience after checkout, increasing shopper retention and trip frequency, to keep a retailer’s customers coming back.”
Latest Fintech News: Fifth Third Bank Announces Early Pay for Federal Tax Refunds, up to 5 Days Early
Nolz continues, “We are excited that a category leader such as CitrusAd has chosen our technology and our team to be their post transaction partner. We look forward to doing our part in helping their retailers maximize their potential and drive incrementality in the retail media space.”
CitrusAd launched in 2017 and was acquired by Publicis in 2021. With its industry-leading, on-site ad serving platform, CitrusAd provides technology and retail media support with retail partners across the world, including GoPuff, Hy-Vee and Wakefern, highlighting their global footprint and scale. With Epsilon, CitrusAd offers identity-led, off-site advertising that drives traffic to retailers’ platforms.
Latest Fintech News: KPMG UK and Fusion Risk Management Form Strategic Alliance to Deliver Improved Business Continuity Service
David Haase, CEO of CitrusAd Americas says, “We are always looking for ways to innovate and offer something new to our clients, either building ourselves or bringing in partners with technology experts in their respective fields. We did our research and AdsPostX is an exciting extension to our capabilities and our hundreds of global retail partners, providing a new monetization tool for retailers and advertising opportunity for brands and advertisers.”
Latest Fintech News: Inszone Insurance Services Completes Acquisition of Carmichael Associates
[To share your insights with us, please write to sghosh@martechseries.com]