Advertisement
05/17/2021

​​​​​​​Walgreens Offers Advanced TV Advertising

Tim Binder
Executive Editor
Tim Binder profile picture
logo, company name

Walgreens is offering a new suite of capabilities through its Walgreens Advertising Group, going beyond the digital and programmatic realm and into advanced and audience-based television via over-the-top (OTT) media services offered directly via the internet, connected TV’s (CTV) and traditional audience-based linear TV.

“At Walgreens Advertising Group we have three principles that are core to our DNA: to help brands deliver more relevant personalized experiences, to support audience-led and channel agnostic media approaches, and to make it easy to work with us,” Luke Kigel, vice president of Walgreens integrated media and leader of Walgreens Advertising Group, said in a media release. “These new advanced TV capabilities are all in continuance of our principles, and will open new areas of value for our brand partners that mirror our programmatic offering.”

The new offering includes two facets:

  1. The addition of OTT & CTV inventory now accessible via the wagDSP, a proprietary programmatic buying technology that integrates Walgreens customer and transaction data with dynamic creative capabilities and real-time optimization.

Inventory is sourced through over 100 apps and 10 supply side platforms with more than 2.5 billion available impressions daily, including access to inventory from key platforms.  

Brands activating against this inventory can do so with all of the same functionality, optimization and measurement capability as in digital video and display executed through the wagDSP. This enables people-based media targeting, with measurement and real-time optimization.

  1. A first-to-market collaboration with OpenAP, and integration with the OpenID that enables brands to reach audiences powered by Walgreens first-party data as part of their television buys. The ability for brands to collaborate with Walgreens to execute against deterministic audiences is available now, and closed loop measurement will be in place by the start of the broadcast year.

“Advanced data is completely transforming the way television advertising is bought and sold. With the next race in marketing focused on access to the most actionable data, Walgreens Advertising Group collaborating with brands and offering insights to deterministic data is something brands need to take notice of,” David Levy, CEO of OpenAP, said in the release. “The power of the data and the partnership with OpenAP will make it possible to deploy Walgreens data to better plan, optimize, and measure TV campaigns across all programmers and screens and enable marketers to tie their campaign performance back to in-store purchases.”

Brands working with Walgreens Advertising Group will now be able to work with the retailer to leverage its scaled and differentiated first-party data, knowledge and insights to develop media activation, determine optimization and measure performance in advanced television, as well as digital campaigns. Walgreens' unique first-party data serves as an asset combining scale and quality, by connecting 100 million known member profiles with media that is most relevant to their needs, the retailer says. Walgreens boasts a deep understanding of its customers’ needs through its data, now with accelerated channel reach potential.

Walgreens Advertising Group launched in December 2020.

Advertisement
Advertisement