Retail Media Networks Are Set to Surpass TV Ad Revenue — Amazon and Walmart’s Closed-Loop Attribution Bypasses Agencies Entirely

Big Tech isn’t just capturing ad budgets — they’re building tools that eliminate the need for agencies entirely. Retail media networks represent the sharpest threat.

Platform Power - Retail Media Networks

The Platform Disintermediation Threat:

  • Google and Meta: Rolling out AI-powered tools that help brands design ad campaigns directly, without third-party consultants
  • Self-serve platforms: Grown sophisticated enough that brands can manage significant media investments in-house
  • Retail media networks: Amazon, Walmart, and others offer “closed-loop” attribution that bypasses traditional agency media buying entirely

Why Closed-Loop Attribution Matters:

Amazon knows exactly:

  • What ads you saw
  • What you clicked
  • What you bought
  • When you bought again

This end-to-end visibility makes traditional agency attribution models look primitive. Why pay an agency for media buying when Amazon can prove ROI directly?

The Projection:

Retail media is projected to surpass TV ad revenue — a structural shift that further erodes agency relevance in media planning.


This is part of a comprehensive analysis. Read the full analysis on The Business Engineer.

Scroll to Top

Discover more from FourWeekMBA

Subscribe now to keep reading and get access to the full archive.

Continue reading

FourWeekMBA