Costco to Launch Targeted Ad Network Using Shopper Data from 74.5 Million Members
7 months ago
Costco is developing an ad network using its 74.5 million loyalty members' data to offer targeted ads on and off its website. The retailer is testing capabilities and seeking ad-tech vendors, aiming to become a key player in the retail media space. Profits from the ad business will help keep consumer prices low. Costco's ad revenue could significantly grow by leveraging its membership data.
