Hello, everyone, this is Omnitalk Retail.
Chris WaltonI'm Chris Walton.
Anne MazingaAnd I'm Anne Mazinga.
Chris WaltonAnd we are coming to you live once again for our final interview from NRF 2025 from the Vuzion Group's podcast studio in booth 4938.
Chris WaltonAnd standing between us is Christian Revo, the head of Retail Media Connect for the Revo Group.
Chris WaltonChristian, welcome to omnitalk.
Christian RevoThank you for having me.
Chris WaltonYeah, it's great to have you.
Christian RevoSure.
Anne MazingaWe're really excited to have you today.
Anne MazingaTell us a little bit about you and your background first before we get started.
Christian RevoSure.
Christian RevoSo I've been with the Rewe group now for 15 years.
Christian RevoStarted as a consultant there, moved up the ranks, started and helped to install the first loyalty program.
Christian RevoAnd this eventually went to retail media in a sense that I'm now since 2020, responsible for the retail media of the Riva.
Christian RevoAnd yeah, it's a lot of fun.
Anne MazingaAnd for our audience who is in the U.S.
Anne Mazingacan you just remind them who Reva Group is?
Christian RevoSure.
Christian RevoReva Group is one of the largest trade and tourism companies in Europe.
Christian RevoSo we have a sizable number of stores in Germany.
Christian RevoWe have a discount format, we have a supermarket format.
Christian RevoWe are in Austria, we are in East Europe and we are the second largest tourist operator in Europe as well.
Anne MazingaI didn't know about the tourist part of it.
Chris WaltonI didn't either.
Anne MazingaThat's cool.
Chris WaltonYeah, and a very innovative retailer too.
Chris WaltonSo Ann and I got a chance to see one of your automated stores, automated grocery stores in.
Chris WaltonYeah, it's very cool.
Chris WaltonYeah, very cool.
Chris WaltonOut in Hamburg, I think we were right.
Chris WaltonOr Cologne.
Chris WaltonYeah, Hamburg.
Chris WaltonYeah, Cologne.
Chris WaltonCologne.
Christian RevoIn both cities.
Chris WaltonBoth cities, yes.
Chris WaltonRight, yes.
Chris WaltonCouldn't remember where we were.
Chris WaltonNow, you spoke at the retail Media Symposium here on Saturday.
Christian RevoI did.
Chris WaltonWhat did you share with the audience?
Christian RevoMixed messages.
Christian RevoI think one of my key message really is to say that especially in Europe, as we were behind on the traditional parts of retail media, which is on site and a little bit of off site, we kind of doubled down on in store retail media and basically had lots of interesting stuff to share with the audience there and that that was a good pickup point from there to discuss with the other retailers there in the room.
Christian RevoReally?
Chris WaltonReally.
Chris WaltonSo what did you share in terms of in store media in particular?
Chris WaltonI'm very interested to learn more.
Christian RevoSo what basically our situation was at the River Group is when we looked at our strategy, we found out or we realized that only 3% of our sales more or less go through E commerce or that's the general share in Germany in the grocery market.
Chris WaltonRight.
Christian RevoAnd on the other hand, that means that 97% go through in store.
Christian RevoAnd we wanted to find a solution that first of all helps customers navigate, find the right prices, you know, get the marketing messages out in a very agile way, but then ultimately also get retail media messages.
Christian RevoWe did this.
Christian RevoWe've erected three and a half thousand 65 inch screens in the front of our stores and we are now doing more both at the the Reva supermarket format as well at our discount format.
Christian RevoAnd we really thinking that this is one of the greatest endeavors in retail media to reach the customer where he's basically close to shopping.
Anne MazingaSo, you know, that's interesting because I think a lot of the when you talk to people about retail media in store, execution is usually the first thing they think of.
Anne MazingaSo where do you think that opportunity lies both in.
Anne MazingaIn store and then even online?
Anne MazingaLike where are the retail media opportunities still?
Christian RevoI think we have the chance to excel as an omnichannel retailer by having consistent messages being played across multiple instances.
Christian RevoBe it off site, through connected tv, be it on site, and then basically in our store.
Christian RevoAnd if we can combine these dots together in a meaningful way, customers will really want to shop the product because they're already all set for it.
Anne MazingaYeah.
Anne MazingaAnd what do you think it takes to do that?
Anne MazingaWell, because I think that makes sense that you want to have a connected experience from any point that your customer is shopping with you.
Anne MazingaBut what needs to be true for that to be successful?
Christian RevoSo I learned two quotes on my way here.
Christian RevoOne is that loyalty is the new cookie.
Chris WaltonOkay, that's pretty much true.
Christian RevoThat's a good quote for combining it.
Christian RevoOffset.
Christian RevoAnd the second thing is that if you have a loyalty program, you can be a great retail media network.
Christian RevoIf you don't have a loyalty program, you can be a good retail media network.
Christian RevoIt makes quite a difference because that's for me, the means to connect the dots.
Chris WaltonRight.
Chris WaltonThat's a really great point.
Chris WaltonThat's a really good nugget.
Chris WaltonSo as you're activating all those screens in the store, it sounds like you guys are further along on that endeavor than say, most of the grocers here in the United States.
Chris WaltonAlthough some people are starting to experiment with that.
Chris WaltonWhat does it take to do that?
Chris WaltonWell, how do you activate those screens in store?
Chris WaltonHow do you think about things from a content perspective?
Chris WaltonHow do you think about things from an execution perspective?
Christian RevoLet me come from a completely different angle here.
Chris WaltonOkay.
Christian RevoI think you have to do it well by really explaining and convincing it to the media agencies that this is an ideal part of their media strategy and that it's moving picture.
Christian RevoYou know, you can really, you know, start substituting, substituting linear TV budget, giving it to in store, which is another moving image format.
Christian RevoAnd that worked really well.
Christian RevoSo we see that this is especially an opportunity for media agencies.
Christian RevoAnd so therefore I'd encourage anyone to kind of convince them.
Chris WaltonGot it.
Chris WaltonSo you got to take the media agencies on the journey with you here to be successful.
Chris WaltonThat's a key point here.
Chris WaltonGot it.
Chris WaltonOkay.
Chris WaltonHow do you see retail media continuing to evolve, especially in this year?
Chris WaltonBoth, both here and across the seas in Europe?
Christian RevoSo what I learned, I'm pretty convinced that what I learned here is that I really believe that the US will catch up on in store retail media.
Christian RevoSo I've heard a lot of initiatives that are about to come up or that are starting in a pilot phase.
Christian RevoAnd what I heard also is that they, they really have the assets there, that they're really doubling down in terms of IT priority and everything.
Christian RevoAnd so I think there's a good chance we'll see a lot more of that next year when we talk here.
Christian RevoAnd then from Europe, it's really about going more omnichannel, really trying more and more to connect the dots.
Christian RevoI think closed loop measurement is more difficult in Europe than it is in the US because of the GDPR guidelines there.
Christian RevoBut I'm sure we will see progress there as well.
Anne MazingaHow do you think about.
Anne MazingaI'm just curious.
Anne MazingaAt the Reva Group, are you separated as media company on one side and retailer on the other, or is retail media one larger group?
Christian RevoAt Reva Group, so we're not separated in terms of another company, which is a good thing for me because I don't have to do balance sheets and all that.
Anne MazingaWonderful.
Anne MazingaI'm happy for you.
Christian RevoBut I behave like I were.
Christian RevoSo I pretty much obviously also discuss everything with the key stakeholders in the company, be it marketing, be it category management, be it sales, but still keep an independent stance.
Christian RevoAlthough I am just in the middle of the company.
Anne MazingaOkay, interesting, interesting.
Chris WaltonGot it.
Chris WaltonSo if we're to.
Chris WaltonSo if we're to meet with you again at say Shop Europe in June or maybe here at NRF again next year, what are you hoping to accomplish?
Chris WaltonLike what do you want to get done?
Christian RevoWhat can I say?
Christian RevoPublic?
Chris WaltonWhat does success look like?
Christian RevoYeah, I think the River Group, Retail Media Connect, they are on a good way and we've really had a great year 2024.
Christian RevoI believe we'll have a great year 2025.
Christian RevoI can't tell you all the good things now that we have that we are cooking right now.
Christian RevoBut I'm pretty sure that you will see a stronger retail media network next year versus this year.
Chris WaltonNice, Nice.
Chris WaltonSo he's got confidence, Ann.
Chris WaltonHe's confident.
Chris WaltonConfident in the future.
Chris WaltonConfident in the future.
Chris WaltonAll right.
Chris WaltonWell, Christian, thank you for joining us today.
Christian RevoThanks so much.
Chris WaltonAbsolute pleasure to have you and for all you out there.
Chris WaltonThat concludes our coverage from nrf.
Chris WaltonAnn and I are signing off.
Chris WaltonThank you to the Vuzion Group for supporting our coverage all show long.
Chris WaltonThey're great partners of ours.
Chris WaltonWe cannot thank them enough.
Chris WaltonAnd Ann, until our next conference which is in a few weeks.
Anne MazingaYes.
Anne MazingaBe careful out there.
Christian RevoAll right, cool.
Chris WaltonThanks, man.