Home Publishers Recipe Publishers Make Two Deals To Scoop Up Shopper Marketing Budgets

Recipe Publishers Make Two Deals To Scoop Up Shopper Marketing Budgets

SHARE:

Publishers and shopper marketingRecipe publishers have realized they can tap into shopper marketing budgets by making their recipes shoppable.  Matching brands and stores to relevant recipes requires technology, and the arms race is on.

Meredith Digital on Monday acquired Grocery Server, which provides technology to make recipes shoppable.

Separately, Reader’s Digest-owned Taste of Home, once a customer of Grocery Server, partnered with mobile advertising company Crisp Media. Together, they will create branded recipe ads that drive customers to stores.

Shopper marketing, which focuses on in-store displays and shelf placements, has traditionally been separate from digital advertising budgets.

But mobile phones have changed how people shop. “There’s a new placement vehicle in the store,” Readers’ Digest CRO Rich Sutton said. “It’s a mobile phone, and it’s effective.”

Buyers are taking note of publishers that can adapt to changing consumer behavior.

“Across the spectrum, brands are thinking more and more about investing in digital technology partnerships that will get them closer to consumers,” said Ann Strini, VP and strategy director for Wunderman New York.

Getting closer to consumers – and showing brands the value of being there too – fueled the Grocery Server acquisition.

“The ability for our systems to communicate and drive value for consumers and brands completes an important part of the puzzle,” said Marc Rothschild, SVP of Meredith Digital. “Being able to able to demonstrate attribution and conversion to a brand – it’s a critical piece of our success.”

Besides tapping into shopper marketing budgets, the Grocery Server deal will hopefully let Meredith serve advertisers at every point in the conversion funnel.

“Meredith now owns that full stack from top-of-funnel awareness to driving to a purchase,” Rothschild explained. “After we’ve spent time with the ‘why’ of that brand, we can tell them how and where to buy it.”

Meredith’s recipe site, AllRecipes, which has worked with Grocery Server since April 2014, attracted Target, Unilever and Del Monte during that time. Taste of Home runs recipe ads for Unilever’s Hellman’s Mayonnaise.

Both of the solutions track engagement with recipe ads to store visits or sales.

Meredith is working with Nielsen to add an attribution piece to its recipes that drive people to stores. Crisp Media uses location analytics company Placed to measure store traffic lift.

Both Grocery Server and Crisp Media focus on creating native brand integrations with the recipes – “their technology platform and our content platform,” Sutton quipped.

AllRecipes uses Grocery Server’s technology to match a brand’s product with recipes containing that ingredient. Other calls to action show what items are on sale at a local retailer, or suggest related products, like paper towels for a messy recipe.

Taste of Home allows advertisers to put their product directly in the recipe, so it can call for “Hellmann’s Mayonnaise.” Those recipes can then be turned into ads that appear on Taste of Home and on Crisp Media’s network. When users click on the ads, it reveals the full recipe, which users can save or email.

Other categories besides food are also ripe for this kind of native integration. Reader’s Digest sees options around its namesake publication for drug companies to drive people to pharmacies, or DIY projects in The Family Handyman driving people to home stores.

Meredith, with its female-oriented focus, plans to apply the technology to the beauty category. It will expand the tech, too.

“You’ll see us roll this out to our other food properties,” Rothschild said, “start to apply this in an ecommerce setting and in an in-store beacon setting.”

Must Read

Don’t Worry About Netflix – It’s Doing Fine Without Warner Bros. Discovery

Paramount might have outlasted and outbid Netflix in the competition to acquire Warner Bros. Discovery, but Netflix is not overly fussed about the loss.

Paramount’s Upfront Pitch Is About Three Things

Paramount is merging the ad tech stacks behind Paramount+ and Pluto TV, releasing a new performance product, offering more control over ad placements and introducing dynamic ad insertion in live sports.

Hard Truths For Retail Media At The IAB Connected Commerce Summit

The IAB’s Connected Commerce event in New York City this week felt to me like the retail media industry’s first sit-down explanation to a child who is now a “big kid” and must act accordingly.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Meta Is Launching An Easy Button For CAPI

Meta is simplifying its CAPI setup and teaching its pixel new tricks, including adding an AI-powered feature that automatically pulls in data from an advertiser’s website.

TelevisaUnivision Joins The Streaming Self-Service Bandwagon

TelevisaUnivision is the latest TV publisher to join the self-serve trend that’s rising in popularity across connected TV advertising. Its streaming inventory is now available to buy through fullthrottle.ai’s self-serve platform. The collaboration includes an ad bidder designed to improve both targeting and measurement.

Comic: Gamechanger (Google lost the DOJ's search antitrust case)

For Google Advertisers Who Overpaid The Monopoly – Don’t Hate, Arbitrate

Law firm Keller Postman is leading mass arbitration suits against Google, seeking advertiser damages for alleged monopoly overpricing. The total available pot is a quarter-trillion dollars.