Gopuff Launches its New Ad Platform Backed by CitrusAd
Martech Outlook | Monday, June 21, 2021
CitrusAd’s new platform allows partners to plan, buy, measure, and manage their advertising on Gopuff in real-time.
FREMONT, CA: Gopuff, the go-to platform for customers’ daily requirements, has announced its integration with CitrusAds’ retail media platform and the launch of Gopuff Ad Solutions. CitrusAd’s new platform allows partners to plan, buy, measure, and manage their advertising on Gopuff in real-time.
Gopuff, in its announcement of the platform, stated, “With Gopuff’s direct API integration into CitrusAd’s retail media technology, brands can now advertise with Gopuff in three easy steps: select products, set budget, and bid. The CitrusAd integration makes it easy for brands to run in-app media placements of sponsored products or search ads to target and convert high-intent customers as they shop on Gopuff.”
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Brands can now effortlessly execute more targeted and relevant online and in-app Gopuff campaigns by directly connecting with CitrusAd’s technology. As customers shop on Gopuff, brands may engage them immediately at the point of purchase with the sponsored product, search, and display ads. The addition of Gopuff to CitrusAds’ already-expanding list of store partners exemplifies the transition in digital advertising dollars to retail media, as well as the opportunities it presents for ecommerce retailers in the United States and around the world.
Daniel Slotwiner, VP Measurement and Insights, Gopuff, said, “By unifying supply chain, inventory, and merchandise with a powerful advertising platform, brands can now optimize and measure ad campaigns with an unprecedented amount of knowledge of product availability and consumer response.”
From the initial few weeks of the Gopuff Ad Solutions in-app test, Gopuff has already conducted successfully managed ads for PepsiCo, Mars Wrigley, Kraft Heinz, Unilever, and others. Customers experienced an average of 3.1x return on ad spend across over 1,000 products in various categories within the first week of the Gopuff Ad Solutions in-app experiment. The top quartile of campaigns received a 10.3x return on ad spend.
“We are delighted to support Gopuffs rapid expansion with increased personalization for shoppers that will result in higher conversion rates. We are in a digital era where savvy ecommerce leaders, like Gopuff, can help brands leverage first party data to effortlessly transform category, shopper and SKU level insights into sales growth with our technology,” said David Haase, Chief Revenue Officer, CitrusAd.
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