Confusion reigns on best digital channels for retail, SMI data reveals
Analysis of data collected by the Standard Media Index (SMI) on retailers using digital has revealed a market confused about which channels are delivering the biggest bang for the buck, even as retail spending in digital continues to grow.
Data for the first quarter revealed more and more retailers are moving to programmatic solutions, with department stores leading the charge with growth of spending through programmatic quadrupling compared to the previous quarter.
While overall SMI figure released last week reflected a drop on spending across the board as a result of last year’s federal election and Olympic Games, SMI reported that key retail sectors were increasing their digital spends.