It’s Season 2, Episode 2 of The Retail Razor Show and we’re tackling one of the biggest trends you need to understand in retail today – Retail Media Networks!Our Retail Avengers team has been eagerly anticipating this topic and recently held the discussion in our Clubhouse room, to uncover the truth about retail media networks and why retailers should (or should not) care about them. Is it about top line revenue? Margin? First-party customer data? Or all of the above? To help cut through the clutter we invited the industry’s leading analyst and expert on the topic – Andrew Lipsman, principal analyst for retail & ecommerce at Insider Intelligence, to give us the scoop!Your hosts, Ricardo and Casey, are then joined by Andrew one more time to dig into what’s happened since the Clubhouse recording and consider the reality retailers and brands should think about when evaluating retail media networks. This episode is tailor-made for retailers, brands, marketing and advertising agencies – there’s something for everyone, and you’ll want to take notes during this one!News update! We’re sitting at #21 on the Feedspot Top 60 Best Retail podcasts list, so please keep those 5-star reviews in Apple Podcasts coming! With your loyal help, we’ll move our way up the Top 20 in no time! Leave us a review and we’ll mention you in a future episode! https://blog.feedspot.com/retail_podcasts/Meet your hosts, helping you cut through the clutter in retail & retail tech:Ricardo Belmar, a RETHINK Retail Top Retail Influencer for 2022 & 2021, RIS News Top Movers and Shakers in Retail for 2021, a Top 12 ecommerce influencer, advisory council member at George Mason University’s Center for Retail Transformation, and director partner marketing advisor for retail & consumer goods at Microsoft.Casey Golden, CEO of Luxlock. Obsessed with the customer relationship between the brand and the consumer. After a career on the fashion and supply chain technology side of the business, now slaying franken-stacks and building retail tech!Includes music provided by imunobeats.com, including E-Motive, and Overclocked, from the album Beat Hype, written by Hestron Mimms, published by Imuno.The Retail Razor ShowFollow us on Twitter: https://bit.ly/TwRRazorConnect with us on LinkedIn: https://bit.ly/LI-RRazorSubscribe on YouTube: https://bit.ly/RRShowYouTubeSubscribe on Apple Podcasts: https://bit.ly/RetailRazorShowRetail Razor Show Episode Page: https://bit.ly/RRShowPodHost → Ricardo Belmar,Follow on Twitter - https://bit.ly/twRBelmarConnect on LinkedIn - https://bit.ly/LIRBelmarRead my comments on RetailWire - https://bit.ly/RWRBelmarCo-host → Casey Golden,Follow on Twitter - https://bit.ly/twCaseyConnect on LinkedIn - https://bit.ly/LICaseyRead my comments on RetailWire - https://bit.ly/RWCaseyTRANSCRIPTS2E2 The Retail Avengers & The Power of Retail Media Networks[00:00:00] Pre-Show Intro[00:00:00] Casey Golden: So Ricardo, there are two kinds of people in this business, those that love and depend on ads and those that can't stand it and strategize to avoid it. Which one are you?[00:00:11] Ricardo Belmar: I admitted I am of two minds here on the one. The marketer in me loves talking about advertising when it comes to creating messaging and finding the right mediums or reach your audience. But then on the other hand, I'm also a consumer and I can't help, but consider advertising to be just like what professor Scott Galloway puts it attacks on the poor, who can't buy their way out of it.[00:00:31] Casey Golden: Okay. That's like cheating. You have to pick one. You can't be in both camps.[00:00:36] Ricardo Belmar: Why not? You know, the world of commerce is very gray. It's not black and white.[00:00:39] Casey Golden: Hm, you have to pick one. I will die on my sword. You have to pick it's either one or the other. You can't be on both teams. [00:00:47] Ricardo Belmar: But what? So now there are teams?[00:00:48] Casey Golden: There's always teams There are only two kinds of people