GroupM and Pacvue accelerate partnership with the launch of Integrated Commerce Management solution
- News
- August 13, 2024
Commerce leaders partner to help clients navigate the changing advertising ecosystem and bridge the gap between the retail and media worlds
New York (August 13, 2024) – 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.
The joint solution boasts exclusive, unique features for all GroupM clients, utilizing Pacvue across three core areas:
- 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.
- 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.
- 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.
“This partnership is a testament to our ability to work with partners like GroupM to build innovative and scalable solutions tailored to provide superior, differentiated benefits for clients,” said Melissa Burdick, co-founder and President at Pacvue. “The platform is designed to unify media management and retail operations, offering a seamless experience that empowers brand partners to stay ahead in a dynamic market. By leveraging our combined expertise, we are enabling brands to gain deeper insights, optimize strategies and unlock new opportunities for growth and success.”
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About Pacvue
Pacvue is the leading commerce acceleration platform that integrates retail media, commerce management and measurement. The company’s first-to-market platform drives incrementality, profitability and market share for brands, while turning insights into actionable recommendations. Backed by a global team of experts, Pacvue works with over 70,000 brands and agencies across 95+ retailers worldwide including Amazon, Walmart, Target and Instacart. With the incorporation of Pacvue’s enterprise solution with Helium 10 for SMBs, Pacvue is now the most comprehensive commerce and retail media platform available in the market. Founded in 2018, their global presence includes locations in Seattle, New York, Los Angeles, Washington DC, London, Shanghai and Tokyo. For more information, visit www.pacvue.com.
GroupM is WPP’s media investment group and the world’s leading media investment company with a mission to shape the next era of media where advertising works better for people. The company is responsible for more than $60 billion in annual media investment, as measured by the independent research bureau COMvergence. Through its global agencies Mindshare, Wavemaker, EssenceMediacom, and T&Pm, and cross-channel performance, data and technology, entertainment, and investment solutions, GroupM leverages a unique combination of global scale, expertise, and innovation to generate sustained value for clients wherever they do business. Discover more at www.groupm.com.