Published:
Walmart to Bring New 'Walmart Smart Network' to 2700 Stores
BENTONVILLE, Ark., Sept. 3 /PRNewswire-FirstCall/ -- In a live event,
simulcast betweenNew York City andBentonville, Arkansas, Walmart executives
today unveiled the new Walmart Smart Network that will provide shoppers
relevant and useful information via in-store TV. The first
"shopper-intelligent network at retail" is the result of two years and $10
million in research and development used to identify the optimal locations,
applications and programming for reaching the millions of consumers who visit
the retailer's stores each week.
Walmart is the first retailer in the US to rollout a next generation
retail media network that is supported by a flexible, open enterprise platform
powered by Internet Protocol Television (IPTV) -- technology that will allow
the retailer to monitor and control more than 27,000 screens in more than 2700
stores across the country. The Walmart Smart Network will also deploy response
measurement and message optimization technologies to enable delivery of the
most relevant content to shoppers -- by store, by screen, by day and by
time-of-day. All of the content on the Walmart Smart Network will be
customized, designed to deliver helpful product information to consumers at
the point of decision when and where they need it in the store.
"We've built a network tailored to the way consumers shop our stores --
delivering helpful, custom, content closest to the point of decision -- that
helps them shop smarter," said Stephen Quinn, chief marketing officer, Walmart
Stores, U.S. "The Smart Network is intelligent too, because every screen and
every message has a purpose and we will be analyzing point of sale data on an
ongoing basis to deliver a shopper-centric communications platform. In short,
the Walmart Smart Network is a win-win: improving the shopping experience for
our customers and driving results for our supplier partners."
Walmart will work with the following companies to implement the new
network:
-- Custom programming on the new network will be provided by Studio2, a
newly formed company led by key advertising executives who are experts in
in-store communications and were involved in the development and testing of
the new network.
-- Network operations, implementation, advertising sales and HDTV wall
programming will be provided by Thomson's Premier Retail Networks (PRN),
Walmart's current partner for these services.
-- Response measurement, learning, and message optimization technologies
will be provided by DS-IQ, which supplied analytical insights for the network
pilot last year.
"I am incredibly proud of the partners who have joined us in this new
venture," said Clint McClain, senior director of emerging media for Walmart.
"We have tested the new network extensively over the last two years and these
partners have demonstrated best-in-class ability to engage shoppers with
custom content, to manage a reliable and intelligent in-store network, and to
deliver analysis that can power ongoing learning and optimization for our
customers and partners."
The Walmart Smart Network will begin rollout in September 2008. Upon
arrival in the first stores later this month, the new network will deliver
messaging at the entrance of Walmart Supercenters on "Welcome Screens"; in the
departments that shoppers visit most often on "Category Screens" in grocery,
health & beauty and electronics; and on "Endcap Screens" that will advertise
the items displayed on key endcap displays throughout the store.
"One of the biggest challenges you face as an advertiser these days is
really understanding your target audience in such a way that you know the best
place to connect them with your message so that it can have the most impact,"
said Kim Miller, vice president of marketing at Kellogg. "I believe moving
forward, advertising at the point of sale will become increasingly important
to win the market. The results we've seen during tests of the new Walmart
Smart Network have been impressive."
Walmart anticipates that the chain-wide deployment of 27,000 screens and
its new Walmart Smart Network will be completed by early 2010.
About Wal-Mart Stores, Inc.
Wal-Mart Stores, Inc. operates Walmart discount stores, supercenters,
Neighborhood Markets and Sam's Club locations inthe United States. The
Company operates inArgentina,Brazil,Canada,China,Costa Rica,El Salvador,
Guatemala,Honduras,Japan,Mexico,Nicaragua,Puerto Rico and theUnited
Kingdom and, through a joint venture, inIndia. The Company's common stock is
listed on the New York Stock Exchange under the symbol WMT. More information
about Wal-Mart can be found by visiting http://www.walmartstores.com. Online
merchandise sales are available at http://www.walmart.com and
http://www.samsclub.com.
About PRN
Thomson's Premier Retail Networks, Inc. (PRN) enables retailers and
manufacturers to reach consumers in more than 6,500 leading retail stores
worldwide. PRN works with retailers, content partners and advertisers to
create in-store programming that engages, informs and motivates consumers
where they shop. PRN's retailer customers include Acme Markets, Albertsons,
Best Buy, Carrefour, Circuit City, Costco, Jewel-Osco, Pathmark, Sam's Club,
Shaw's, ShopRite, Star Market, and Walmart Stores.
About DS-IQ
DS-IQ enables retailers, brands, and programming groups to understand and
improve the effectiveness and relevance of in-store digital media. DS-IQ
partners with leading network providers and retailers to develop more
shopper-centric communication systems utilizing DS-IQ measurement and
optimization technologies. Founded in 2003, DS-IQ is leading the development
and use of scalable analytics and digital marketing for in-store media
networks.
About Studio2
Studio2 is a newly formed creative and content development company based
inRichmond, Virginia. Our mission is to provide shopper-relevant messaging
for the Walmart Smart Network through custom production and consultation to
Walmart, its suppliers and their advertising agencies. The company will be
managed by professionals from multiple communications disciplines who are
intensely familiar with Walmart and retail advertising.
SOURCE Wal-Mart Stores, Inc.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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