Quick Cuts #15: Tesco's Bold Retail Media Moves & The Future of AI-Powered Classrooms

Welcome to Quick Cuts #15. In this edition, we explore Tesco’s game-changing moves in retail media, which are setting new benchmarks for omnichannel engagement. We also look at the growing consumer shift away from third-party cookies, with nearly half of UK consumers expected to opt out, forcing marketers to rethink their targeting strategies. Finally, we delve into the fascinating world of AI-powered education, led by Elon Musk’s latest robotics innovations, and what this could mean for future learning environments.

Cut 1/3: Tesco Raises the Bar in Retail Media with New Video Ads and In-Store Innovations

Source: MarketingBeat

Photo: Unsplash

🚀 Tesco launches video ads on its website and app, reaching 16 million Clubcard app users, creating new opportunities for brands to connect with consumers. The retailer introduces full-scale store wraps at 50 locations and new digital screens, enhancing in-store advertising capabilities. A new insights portal will help brands deliver personalised experiences using Tesco’s customer data, supported by a revamped measurement framework.

Action items for You:

• Leverage Omnichannel Opportunities: Consider incorporating video ads on Tesco’s platform to reach a broad and engaged customer base both online and in-store.
• Explore Innovative In-Store Advertising: Evaluate how store wraps and advanced digital screens can elevate your brand’s physical presence in Tesco stores.
• Utilise Data for Personalisation: Take advantage of Tesco’s new insights portal to create highly targeted and personalised campaigns, improving customer engagement and ROI.

Cut 2/3: UK Consumers Poised to Reject Cookies: How Brands Can Navigate a Cookieless Future

Source: Marketing Week

Photo: Unsplash

🚀 Nearly 40% of British consumers are expected to reject third-party cookies when Google rolls out its opt-in model for Chrome. An additional 22% remain undecided, highlighting uncertainty for marketers reliant on cookies for tracking and targeting. Consumers are split on the issue: while 35% view cookies positively, 32% see them negatively. Yet, 41% express preference for personalised experiences, showing potential for tailored marketing efforts.

Action items for You:

• Prioritise First-Party Data: With the decline of third-party cookies, focus on collecting and leveraging first-party data from your own platforms to maintain customer insights.
• Enhance Personalisation: Use AI-driven and behaviour-based strategies to offer personalised experiences without relying on third-party cookies, tapping into the 41% of consumers who prefer tailored interactions.
• Build Consumer Trust: Clearly communicate your data privacy policies and build trust by offering value in exchange for consumer consent, as many are still on the fence about cookies.

Cut 3/3: Elon Musk's AI Robots: The Future of Education or a Tech Dream?

Source: Forbes

Photo: Unsplash

🚀 Elon Musk’s Optimus humanoid robots could soon play a role in classrooms, easing teacher burnout by taking over routine tasks. The AI-powered robots may revolutionise special needs education, offering personalised assistance for students. However, concerns around data privacy and over-reliance on technology continue to pose challenges for educational institutions.

Action items for You:

• Monitor AI Developments: Keep an eye on AI innovations like Tesla’s Optimus and their potential applications in customer service, education, and routine operations.
• Consider Automation Opportunities: Evaluate how AI could automate repetitive tasks within your business, freeing up human resources for higher-value activities.
• Stay Ahead of Privacy Concerns: As AI becomes more prevalent, ensure your business adheres to data protection regulations and builds transparent policies around tech use.

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