Home Ad Exchange News Online Grocery Shopping Skyrockets; Upfront Spending Could Sink 33%

Online Grocery Shopping Skyrockets; Upfront Spending Could Sink 33%

SHARE:

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here.

Add To Cart

Online grocery shopping is exploding. More than a third of Americans bought groceries online for the first time in the last month, and they have spent more on grocery delivery each week as lockdowns drag on, The New York Times reports. Instacart, not the biggest player before the pandemic, has grown the most during lockdown through partnerships with grocery chains. Meanwhile, FreshDirect and Peapod are relatively flat due to their New York-centric footprints and cost-cuts made before the pandemic, respectively. Amazon has grown the slowest, albeit from an enormous base, while Target and Walmart surged on orders from new shoppers, according to data from Facteus. In the restaurant delivery category, DoorDash is padding its lead by running deliveries for national chains, while Grubhub suffers from a reliance on independent restaurants.

Not Fronting

Upfront spending will decline 33% this year – if upfronts occur at all. Upfront declines generally happen during recessions, but this crisis is so severe that executives believe timing and terms will crash with demand, MediaPost reports. More than 40% of execs don’t expect the upfronts to happen, while 48% don’t foresee committing further than one quarter out. The decline will be buoyed by streaming; half of executives expect to meet GRP goals by substituting linear with OTT, CTV and digital video. Despite uncertainty, sitting out the upfront is a tough choice. “We can’t put ourselves in a position to be beholden to things money-wise,” a Fortune 100 advertiser said. “But we don’t want to be the advertiser left behind if we hedge our bets and don’t do a big upfront.”

Return Of The Schrems

Noyb, an EU consumer privacy group, filed a GDPR data-protection complaint against Google on Wednesday for allegedly tracking users on Android phones through a unique ID without opt-ins or options to remove the ID. “Android does not allow deleting the tracking ID. It only allows users to generate a new tracking ID to replace the existing tracking ID. This neither deletes the data that was collected before, nor stops tracking going forward,” the group said in a statement. Google declined to comment, Bloomberg reports. Google has shrugged off other complaints, which aren’t actual investigations and don’t mean regulators will take action or even respond. Noyb co-founder Max Schrems has scored hits on American tech, however, including bringing down the EU-US Safe Harbor data-sharing agreement.

But Wait, There’s More!

Must Read

Brand-Trained Agents Can Give Marketers A Fuller View Of Their Customers

Agentic commerce company Envive builds on-site agents for brands like footwear company Clove, painting a clearer picture of what their customers are looking for.

Don’t Worry About Netflix – It’s Doing Fine Without Warner Bros. Discovery

Paramount might have outlasted and outbid Netflix in the competition to acquire Warner Bros. Discovery, but Netflix is not overly fussed about the loss.

Paramount’s Upfront Pitch Is About Three Things

Paramount is merging the ad tech stacks behind Paramount+ and Pluto TV, releasing a new performance product, offering more control over ad placements and introducing dynamic ad insertion in live sports.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Hard Truths For Retail Media At The IAB Connected Commerce Summit

The IAB’s Connected Commerce event in New York City this week felt to me like the retail media industry’s first sit-down explanation to a child who is now a “big kid” and must act accordingly.

Meta Is Launching An Easy Button For CAPI

Meta is simplifying its CAPI setup and teaching its pixel new tricks, including adding an AI-powered feature that automatically pulls in data from an advertiser’s website.

TelevisaUnivision Joins The Streaming Self-Service Bandwagon

TelevisaUnivision is the latest TV publisher to join the self-serve trend that’s rising in popularity across connected TV advertising. Its streaming inventory is now available to buy through fullthrottle.ai’s self-serve platform. The collaboration includes an ad bidder designed to improve both targeting and measurement.