“You’re four times more likely to convert in-store. E-commerce conversion rates sit around 2-3%, whereas in-store should be 25%-30% of foot traffic.”
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Said on eCommerce Australia
The CPG Guys · DGMN's Austin Leonard - Scaling Retail Media Across Small Town America
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flipped in-store audio ad model to use AI media planning tools that select products, goals, stores and slots
“You’re four times more likely to convert in-store. E-commerce conversion rates sit around 2-3%, whereas in-store should be 25%-30% of foot traffic.”
“And if you really want to save money, only shop in stores with concrete floors.”
“I follow the shopping cart rule that if you're a long-time listener or viewer, you know, when I go into a store, I don't get a shopping cart. I only shop in stores that have carts.”
“If we have three SKUs in a store and it's $100, it's $300 slotting for that one location.”
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