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Talks with Teads | Annalect on Navigating the Shifts in Data and Media Strategies

In the latest Talks With Teads, Teads Global CMO Natalie Bastian sat down with James Colborn, Teads Global VP of Data, and Lauren Walker, Chief Client Solutions Officer at Annalect, to explore the…

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By Teads - Elevated Outcomes
December 9, 2024

In the latest Talks With Teads, Teads Global CMO Natalie Bastian sat down with James Colborn, Teads Global VP of Data, and Lauren Walker, Chief Client Solutions Officer at Annalect, to explore the evolving landscape of data readiness, AI, and the rise of retail media. As a follow-up to last year’s conversation, it was revealed that while industry themes remain consistent, significant shifts and new challenges have emerged.

The State of Readiness: Uneven Progress

Natalie opened the session by highlighting both progress and slow areas in adapting to a post-cookie world. James emphasized that while some advancements, like data sandbox testing, have been made, overall readiness among advertisers and publishers remains behind. Lauren noted that many brands underestimated the complexity of shifting to first-party data strategies, realizing it required not only technological upgrades but also organizational changes, such as integrating data protection officers. As a result, brands are reassessing the ROI of first-party data investments and exploring alternatives like contextual or second-party data.

AI’s Role in Data Strategy

AI emerged as a key topic, transitioning from theoretical discussions to practical applications. Natalie highlighted the rapid development of AI-driven tools, while Lauren explained how generative AI agents on platforms like Omni help teams contextualize data and provide actionable insights. James emphasized the potential of AI to ease the transition from cookies, but raised concerns about biases and ethical considerations that the industry is actively addressing.

Retail Media: New Frontiers and Challenges

Lauren discussed the rise of retail media as essential for brands seeking to connect with consumers through detailed first-party data. Insights from a recent summit revealed how companies like Sainsbury’s and Walmart Connect are expanding their capabilities, with Walmart’s acquisition of Vizio reflecting a strategic shift toward becoming a media powerhouse. However, this landscape raises questions about how many retail media networks brands can engage with before returns diminish, especially in light of ongoing market consolidation like the potential Kroger and Albertsons merger.

A Collective Responsibility: The Consumer’s Role  

Natalie concluded by emphasizing the consumer’s vital role in the ecosystem. Strategic advertising that supports quality journalism helps sustain an informative and engaging media environment and this virtuous cycle benefits everyone: consumers gain better content, while brands enjoy increased attention and ad effectiveness.

For more insights on the latest trends in marketing, media, and tech, discover our Talks With Teadsseries.