Faced with both development of e-commerce and restrictions on third-party tracking cookies on mobile technology, retailers continue to develop their own solutions to monetise transactional data.
On January 4th, Best Buy (electronics) announced the launch of an internal advertising business, Best Buy Ads, headed by Keith Bryan. This service is based on the transactional data of the company. The business covers more than 180 million customers, 3 billion “interactions” each year with customers...