ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Walmart finds a clever way to track customers and it starts even before you buy anything online

The retail giant calls it a solution that helps suppliers understand the shoppers even better.
UPDATED NOV 15, 2024
A customer makes payments before checking out of a Walmart store (Cover image source: Getty Images | Bob Riha, Jr.)
A customer makes payments before checking out of a Walmart store (Cover image source: Getty Images | Bob Riha, Jr.)

Walmart's newly launched beta program would track and share consumer data like never before. Introduced by Walmart Digital Ventures, the program Digital Landscapes will share insights on the online behavior of customers with the retailer's suppliers. While the company had long been sharing data on purchases, now it will track consumers as soon as they start their journey on the website, before making a purchase.  

 Walmart advertises Cyber Monday sales on the company's website | Getty Images | Photo Illustration by Scott Olson
An online ad for cyber Monday (Image source: Getty Images | Photo Illustration by Scott Olson)

Walmart calls the product a new self-serve insights solution under the broader banner of Walmart Luminate that helps suppliers understand the shoppers even better.

"As more customers are turning to Walmart.com and the Walmart app to find value, it's essential for suppliers to understand how they find and select products among a wide range of options,” the company said in its press release.  

Digital Landscapes aims to further the scope of data sharing providing deeper insights. Using the product, supplies will have access to information on how consumers browse, what products they look at, and how they arrive at a purchase decision. In its press release, Walmart announced that the product would be introduced as a beta launch in June, followed by general availability in the summer.

With Digital Landscapes, suppliers will now have access to data on where the customers start their online journey when they find a product, how the chosen product compares to others in the category, and what the customer's path to an online purchase looks like.



 

According to Walmart, with Digital Landscapes, suppliers can now explore strategies based on the online behavior of the shopper behavior to drive engagement along the customer journey. Walmart says these insights are valuable as they help companies tailor their marketing and sales efforts according to engagement trends and leading sources of traffic.

Representative image of a shopper in a Walmart store | Getty Images | Photo by Bob Riha, Jr.
A woman looking at a product at a Walmart store | (Image source: Getty Images | Photo by Bob Riha, Jr.)

"The launch of Digital Landscapes marks another significant stride for Walmart Data Ventures in its ambition to become a global leader in insights and analytics," the press release mentioned

Earlier in May, the retail giant announced Disney advertisers would have access to Walmart's shopping data to target Disney's streaming portfolio. This followed a partnership between Walmart Connect and Disney Advertising that works for Disney Plus and Hulu, as per Adweek. 



 

As per the deal, Walmart advertisers will be able to match the retailer’s shopper data with Disney’s proprietary Audience Graph tools and target audiences better. 

In a press release, senior vice president of retail media sales for Walmart Connect, Ryan Mayward said that about 145 million customers shop with the retailer online and in stores weekly. Thus, marketers will now have access to their data and apply the insights to their campaigns to reach customers "wherever they’re streaming Disney content.”

Disney also joined Walmart’s Partner Lab, which includes other media giants like NBC Universal, TikTok, and Roku. Under the partner lab, the companies work with Walmart to test new ad formats for data measurement.

Walmart's deals and acquisitions have triggered concerns over the threat to privacy protections and the risk of exposing consumers to data breaches.



 

In February, when the company agreed to purchase TV maker Vizio for approximately $2.3 billion, several organizations wrote to the FTC to investigate the possibility of a big data breach of millions of Americans, as per dcreport.org.

This article originally appeared 2 months ago.

RELATED TOPICS WALMART
MORE ON MARKET REALIST
While the answer touched Harvey's heart, he was sure nobody would do that for a celebrity.
47 minutes ago
Trump's claims were both partially true and ridiculous, according to industry analysts.
3 hours ago
People on social media accused the actor of being a hypocrite, urging him to step up first.
21 hours ago
Trump's pledge sounds empty as OBBBA has shaved over $1 trillion in social safety nets funding.
1 day ago
While her answer wasn't technically wrong, the survey begged to differ.
1 day ago
After getting three zeros on the board, Nori had the impossible task of winning with two answers
1 day ago
An underlying stock rotation has triggered a potential countdown to a crash.
1 day ago
Harvey couldn't pass up the opportunity to take a jab at J-Lo's relationship status
2 days ago
While the president championed his policies, the ground reality tells a woeful tale.
2 days ago
Companies will be in no rush to reduce prices as trade uncertainty continues, the bank noted.
2 days ago
Trump threatened to use different laws to punish countries that back away from negotiated deals.
3 days ago
Despite his experience, Harvey didn't know much about the prep that goes into competing on the show
3 days ago
With slacking consumer spending and the 43-day shutdown, the GDP grew by just 1.4%.
5 days ago
Economist Joseph Stiglitz claimed no policy was helping boost blue-collar jobs amid automation.
5 days ago
Turns out a hug from James O'Halloran was worth more than the cash for Nikki.
5 days ago
Although the player was off in her guess by nearly $10, she had a buffer to work with.
6 days ago
Harvey was excited to learn how Amrett impressed his dates.
6 days ago
Sen. Sanders called out the “greed” and “arrogance” of California's richest in his latest speech.
6 days ago
The guest who wasn't even a fan of Dolphins, owned one of the most important souvenirs of the team.
6 days ago
The mayor and the DCWP has sent out warning notices to 187 big-name gyms and health clubs
7 days ago