Some industry observers, if tasked with answering the question posed in this blog’s title, might be tempted to keep it brief. One word, even: “Nothing.” But such an answer would fail to capture just how nuanced commerce media is becoming—and the ways in which influencer marketing can make an already powerful channel even more powerful.
In reality, commerce media and influencer marketing are on converging paths, creating new opportunities for advertisers to drive meaningful connections and full-funnel outcomes.
Commerce media is a rapidly growing segment of digital advertising that focuses on monetizing the shopping journey. Its origins can be traced back to the rise of retail media networks, platforms launched by major retailers like Amazon and Walmart to leverage their first-party shopper data for targeted advertising. As retail media networks evolved, they gave rise to the broader concept of commerce media, which encompasses ad formats across both on-site (e.g., sponsored product listings) and off-site (e.g., display and video ads) environments.
Commerce media thrives on its ability to connect advertisers with consumers at various stages of the purchase journey. It’s most associated with ad formats such as:
By leveraging rich first-party data, commerce media delivers targeted and measurable advertising that aligns closely with performance goals—from driving clicks to conversions.
Influencer marketing involves partnering with individuals who have a loyal following on social media or other platforms to promote products and services authentically. These influencers, ranging from celebrities to micro-creators, act as trusted voices, offering recommendations that resonate with their audiences.
Influencer media typically includes:
This form of advertising shines in its ability to drive awareness and consideration, shape brand perception, and build trust. While historically considered more top-of-funnel, influencer marketing’s role is expanding into conversion-driven campaigns, especially with the growth of social commerce.
Commerce media has traditionally been viewed as a lower-funnel channel, excelling in driving immediate conversions. But the future of commerce media is far more ambitious. It’s evolving into a full-funnel solution capable of delivering:
As commerce media expands its scope, it opens the door for content-rich approaches like influencer marketing to play a pivotal role. Influencers create authentic, storytelling-driven content that complements commerce media’s data-driven precision. For example, influencer content can amplify awareness campaigns within commerce media platforms, spark interest in new products, and even integrate shoppable links to drive conversions.
Wavemaker, a global media agency, has been at the forefront of blending influencer marketing with retail media. Their strategy hinges on the idea that consistent exposure to authentic influencer content can enhance the performance of commerce media campaigns.
For instance, influencers can drive traffic to a retail media campaign by building credibility and excitement around a product. This strategy is especially powerful for categories where trust and authenticity are critical—such as beauty, wellness, or premium consumer goods. Wavemaker’s approach demonstrates that the combination of influencer marketing and commerce media doesn’t just drive sales; it builds long-term brand loyalty.
Key takeaways from Wavemaker:
The marriage of influencer marketing and commerce media is still in its early days, but its potential is vast. As commerce media continues to evolve into a full-funnel channel, we can expect influencer content to play an even greater role in:
Advertisers should keep their eyes peeled for opportunities to combine these two powerful tools. By leveraging commerce media’s precision and influencer marketing’s authenticity, brands can create robust, full-funnel strategies that resonate with today’s digitally savvy consumers.
As commerce media and influencer marketing converge, new opportunities for advertisers to drive meaningful connections are created
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