This Holiday Season, Turn Impressions Into Intent
No matter how volatile and uncertain the world can be, every holiday season brings us joy. In 2020, when stores were shuttered and society was dislocated, consumers showed remarkable resilience by spending on gifts that warmed the hearts of loved ones near and far. In 2021, despite supply chain crises, stubbornly high inflation, and the very transmissible Omicron variant, holiday retail sales had their largest annual increase in 17 years. This year, consumer sentiment in the US is at an all-time low, and uncertainty about inflation is at its highest point in 30 years. Nevertheless, history guides us to believe that shoppers will find reasons to celebrate this holiday season as they have for millennia.
To generate and harvest demand while expanding sell-through this holiday season, many marketers are turning to retail media. As they do, here are three things that they should bear in mind:
- Budget flexibly