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Koddi and Skai Partner to Revolutionize Retail Media with Seamless Integration

ecommerce and mobile ecommerce technology

Koddi and Skai Partner to Revolutionize Retail Media with Seamless Integration

Koddi and Skai Partner to Revolutionize Retail Media with Seamless Integration

GlobeNewswire

Published on : Dec 17, 2024

Koddi, a leader in retail and commerce media technology, has teamed up with Skai, an omnichannel advertising platform specializing in commerce media, to launch a groundbreaking demand-side integration. This collaboration is set to transform retail media by addressing challenges in a fragmented ecosystem and offering new growth opportunities for advertisers and retailers.

Key Highlights of the Partnership

1. Transforming Retail Media Landscape

  • Retail Media Growth: Expected to account for 25% of all media spend by 2028.
  • Challenges in Retail Media: Fragmented ecosystem with over 200 RMNs, diverse ad formats, and varying reporting standards.
  • Solution Offered: A seamless integration enabling faster retailer onboarding and access to premium inventory via Skai’s platform.

2. Benefits for Advertisers

  • Faster Time-to-Market: The integration streamlines the addition of new retailers to advertising programs without extra development.
  • Access to Premium Inventory: Accelerates growth with unmatched speed.
  • Enhanced Tools: Leverage Skai’s advanced capabilities in media planning, optimization, and measurement.

3. Benefits for Retailers

  • Improved Demand Generation: Attracts advertisers through a robust demand network.
  • Scalable Operations: Koddi’s infrastructure supports enterprise-level efficiency.
  • Strengthened Supplier Relationships: Simplifies collaboration with advertisers to monetize media assets effectively.

4. Future-Proofing Retail Media

  • Expanding Offsite Strategies: Includes connections with walled garden publishers and CTV platforms.
  • Holistic Marketing Alignment: Ensures retailers’ advertising efforts integrate seamlessly with broader marketing strategies.

Leadership Insights

  • Nicholas Ward, Co-Founder and President, Koddi: Emphasized how the integration empowers advertisers with advanced targeting capabilities and helps retailers monetize assets efficiently.
  • Gil Sadeh, President, Skai: Highlighted the need for a unified solution that simplifies retail media buying and drives growth for both advertisers and retailers.

Koddi and Skai’s partnership represents a significant leap forward in the retail media space. By addressing critical challenges in a fragmented ecosystem and offering tools for faster growth, this collaboration empowers advertisers and retailers to thrive in the fast-evolving commerce media landscape.