GroupM Partners with Pacvue to Launch Integrated Commerce Management solution
Both organizations enter into strategic partnerships to help clients navigate the changing advertising ecosystem and bridge the gap between the retail and media worlds.
GroupM, WPP’s media investment group, today announced the launch of a global Integrated Commerce Management solution with leading commerce technology provider, Pacvue. Combining GroupM’s unique data, insights, and best practices with Pacvue’s innovative technology, the solution eliminates technology silos by unifying bespoke insights, media management, and retail operations exclusively for GroupM clients.
As reported in GroupM’s This Year Next Year Mid-Year forecast, retail media remains the fastest-growing segment in digital advertising and is expected to represent 15.1% of total global ad revenue in 2024 - up from less than 2% a decade ago. This growth has fueled both opportunity and complexity for brands, often leading to an increased number of data and technology providers that lack connectivity and the ability to capture the nuance of retail effectively. In response to these realities, the co-engineered solution emphasizes simplicity and connectivity to give media teams and brands a clearer picture of the business.
“Our focus is on how we use technology to answer our clients’ business problems, drive incrementality, and simplify operational complexity. Our work with Pacvue makes that possible across markets, giving our clients the leading edge in a space where innovation has to be a constant,” said Samantha Bukowski, GroupM’s Global Head of Commerce.
“Solving EMEA’s fragmented commerce landscape requires sophisticated tech automation solutions, that seamlessly integrate retail intelligence and media strategies. Our collaboration with Pacvue will enable us to access deeper retail insights and use them as triggers for media decisions, whilst allowing our teams more time to focus on driving growth for our clients,” said Larisa Dumitru, Head of Ecommerce, GroupM EMEA.
The joint solution boasts exclusive, unique features for all GroupM clients, utilizing Pacvue across three core areas:
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Insights: Access to unified Amazon Marketing Cloud (AMC) Analytics via the direct integration of GroupM’s best-in-class diagnostics and visualizations. Based on GroupM’s AMC Maturity Framework, teams are able to leverage bespoke queries and visuals to derive more powerful business insights, make optimization decisions, and create/deploy custom audiences in Amazon DSP all in one seamless platform. The streamlining of these features and capabilities within our Integrated Commerce Measurement solution with Pacvue will increase our speed to market for planning and activation on behalf of our clients.
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Media Management: Over ten custom GroupM rules and algorithms can be applied through one-click enablement in a streamlined user interface, improving performance and reducing campaign setup times. Exclusive data integrations powered by GroupM, and early access to newly integrated retailers and channels provided by Pacvue, give clients a significant performance advantage.
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Retail Operations: To meet the increasing demand for integrated management of retail operations and media, the solution merges both functions in one easy-to-use interface and reporting dashboard, enabling clients to holistically monitor media, 3P content hijacking, content syndication, and chargebacks.
