What's Happening?
Simon, a mall and shopping center operator, is leveraging first-party data from its in-center WiFi network to enhance retail advertising. By collaborating with marketing solution provider Adentro, Simon curates and targets audiences using exclusive first-party anonymized data generated from on-site Wi-Fi engagement. This initiative aims to improve the shopping experience, drive sales, and support business growth by providing retailers with insights into high-intent shoppers.
Why It's Important?
The use of WiFi data for targeted advertising reflects a significant trend in retail media where brands seek to enhance consumer engagement through personalized experiences. By leveraging first-party data, Simon can offer retailers valuable insights into shopper behavior, allowing for more precise targeting and improved marketing outcomes. This approach highlights the importance of data-driven strategies in the retail sector, offering a competitive advantage and driving business success.