Integrations
Retail Media Glossary
0 min read • Last updated 15 July 2024
The following are helpful terms to know while using Zitcha’s Retail Media Platform.
These definitions provide a comprehensive understanding of various terms related to advertising, retail, and marketing. Here's a summary of each term:
- Agency: A company that specializes in planning, buying, and placing advertising for clients across various media channels.
- Brand: A company that manufactures and sells products to other businesses or consumers.
- Brand Safe Environment: A media platform free from content that could harm a brand's reputation.
- Click-Through Rate (CTR): The ratio of clicks to impressions in an advertising campaign.
- Click: A response event where a viewer clicks on an ad to be redirected to a website.
- Cost per Click (CPC): The price paid for each click in an ad unit.
- Cost per Mille (CPM): The price paid for every 1,000 impressions of an ad unit.
- Demand-Side Platform (DSP): Advertising technology that allows advertisers to buy ad inventory from multiple sources in real-time.
- End Cap: A promotional display at the end of an aisle in a store.
- End Date: The ending date of a campaign.
- Endemic Brand: A brand relevant to a specific category of products or services sold in retail.
- Gross Merchandise Value (GMV): The total value of goods sold over a reporting period.
- Impression: The event when an ad renders on a page, irrespective of whether it's viewed.
- In-Store: Retail advertising displayed within physical stores.
- Joint Business Plan (JBP): A strategic agreement between a retailer and supplier to achieve shared business objectives.
- Native Ad: Advertising designed to blend with the content of a platform.
- Off-Site: Retail advertising displayed on media properties not owned by the retailer.
- On-Site: Retail advertising displayed on a retailer's owned digital properties.
- Personalization: Tailoring communication, products, or experiences to individual customer preferences.
- Placement: Specifications of an ad unit within a campaign.
- Programmatic Advertising: Automated ad buying using algorithms.
- Retail Media Platform (RMP): Advertising technology allowing retailers to sell ad space.
- Retail Media Value (RMV): The revenue generated by a retailer through the sale of advertising products and services.
- Retailer: A business selling products or services to consumers.
- Return on Advertising Spend (ROAS): Total sales divided by total gross spend.
- Sales: The total quantity of items sold.
- Shelf Wobbler: A physical promotional display attached to a store shelf to attract shoppers' attention.
- Spend: The total gross amount spent on a campaign.
- Start Date: The starting date of a campaign.
- Stock-Keeping Unit (SKU): A code used by retailers to identify and track inventory.
- Supplier Rebate: An agreement to return a portion of the purchase price to the buyer after a sale.
- Supply-Side Platform (SSP): Advertising technology allowing media owners to sell ad inventory.
- Trade Spend: Budget allocated by a supplier for programs promoting product sales to retailers.
- Walled Garden: A closed ecosystem controlled by a single company or organization.
Understanding these terms is crucial for navigating the complexities of advertising and retail industries effectively.
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