In this episode Bryan Gildenberg does a guest stint on High Impact's "The Retail Journey" podcast (link to audio and YouTube to subscribe below)
In this podcast, Bryan, James and Charles discuss why a digital-first approach to retail media in the US is crucial and how it contrasts with other markets. They also share insights about Walmart Luminate and the escalating importance of first-party data. You’ll gain a fresh perspective on the evolution of product discovery and how data is reshaping the retail industry. We'll also navigate through Walmart’s category management and its influence on brand growth. Discover how emerging brands can level the playing field using category advisorship and innovative data-driven strategies. You'll also learn about the potential risks and benefits associated with AI in retail and the need to comprehend the algorithms behind it.
*Books mentioned during the podcast: "The Coming Wave" by Mustafa Suleyman and Michael Bhaskar, "The Experience Machine" by Andy Clark, and "Tomorrow, Tomorrow And Tomorrow" by Gabrielle Zevin.
Follow James on LinkedIn at: https://www.linkedin.com/in/james-harris-a777055/
Follow Charles on LinkedIn at: https://www.linkedin.com/in/charles-greathouse/
Follow High Impact Analytics at: https://www.linkedin.com/company/high-impact-analytics/
Follow High Impact Analytics online at: https://www.highimpactanalytics.com/
Follow The Retail Journey Podcast at: https://www.highimpactanalytics.com/theretailjourney
CPG Guys Website: http://CPGguys.com
FMCG Guys Website: http://FMCGguys.com
CPG Scoop Website: http://CPGscoop.com
NextUp Website: http://nextupisnow.org/cpgguys
RetailWit Website: http://retailwit.com
DISCLAIMER: The content in this podcast episode is provided for general informational purposes only. By listening to our episode, you understand that no information contained in this episode should be construed as advice from CPGGUYS, LLC or the individual author, hosts, or guests, nor is it intended to be a substitute for research on any subject matter. Reference to any specific product or entity does not constitute an endorsement or recommendation by CPGGUYS, LLC. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent.
00:11 - Walmart Luminate
09:50 - Walmart's Category Management Impact on Brand Growth
19:30 - Category Growth Strategies for Brands
31:19 - AI's Impact on Consumer Expectations
40:49 - Demystifying AI and Understanding Algorithms