Night Market, Horizon Media’s commerce agency affiliate, and Keen Decision Systems have announced a first-of-its-kind strategic partnership aimed at helping advertisers navigate the complexities of modern marketing with greater precision and confidence. The collaboration – which brings Night Market’s NEON, an AI-powered retail media and storefront optimization platform, together with Keen’s adaptive marketing mix modeling software – is designed to redefine how brands plan, optimize, and measure marketing incrementality across all channels.
The partnership will deliver a solution that allows advertisers to plan holistically with the required granularity, specificity, frequency and speed needed to inform omnichannel retail and commerce media decisions, while better understanding their total investments across all media. Together, these technologies offer advertisers predictive planning and optimization recommendations into the true incremental impact of their investments across retail media, trade marketing, shopper marketing, national advertising, and more.
“As marketing channels expand and retail and commerce media evolves, brands need smarter, more connected tools to drive success,” said Randy Browning, president of Night Market. “This partnership combines NEON’s AI-driven predictive planning and optimization capabilities with Keen’s advanced marketing modeling to give brands the pre- and in-campaign clarity needed to make data-driven decisions with confidence. It’s one of the rare cases in which 1 plus 1 equals 3.”
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The solution leverages artificial intelligence and machine learning to analyze data from more than 160 sources, providing actionable insights that support both macro-level strategy and on-the-ground execution.
Key capabilities include:
- Holistic measurement of incrementality across all marketing channels, factoring in direct and halo effects of retail media.
- AI-recommended real-time campaign optimizations and post-campaign performance insights for optimal results.
- Daily and weekly optimization recommendations across channels, audiences, and down to the keyword level.
- Seamless activation via retail media networks and campaign management platforms.
- Multiple incrementality metrics, including sales, revenue, new-to-brand metrics, customer lifetime value, and brand lift.
“This partnership represents a significant advancement in marketing measurement and optimization,” said Greg Dolan, CEO of Keen Decision Systems. “By bringing together our complementary technologies, we’re enabling brands to make more informed investment decisions across their entire marketing portfolio while fostering better alignment between marketing, finance, and commercial teams.”
NEON launched in early 2023, coinciding with the rise of generative AI, to help marketers move beyond the experimentation phase in retail and commerce media. Since then, the SaaS platform has focused on creating innovative AI-driven capabilities to simplify and accelerate forecasting, planning, recursive optimization, and intelligence across both endemic and non-endemic retail media to maximize true incremental revenue impact.
The partnership with Keen tackles key industry challenges, including integrating measurement methods, adapting to retail media’s evolving role, to provide the most accurate predictive measurement of incremental revenue growth.
SOURCE: PRNewswire
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