10/05/2026
Retail media works. That's the problem.
Every sale closed on Amazon or Walmart belongs to the retailer's data infrastructure, not yours. You get the conversion. They get the customer profile. The next time you want to reach that person, you're back at the auction, paying current rates, with no accumulated advantage.
Owned audiences compound. Each purchase, each email open, each direct interaction adds to something you carry forward and reach again for near-zero cost. Retail media charges you ...