Next in Media

Should Paypal be building an ad business?


Listen Later

Next in Media spoke with Dr. Mark Grether SVP & General Manager, PayPal Ads, on why he thinks the company's 'transaction graph' may be even more powerful than some retailers' data for advertising, and why there's nothing to worry about with a company that has so many people's banking information to use that data for ad targeting. 

💡Takeaways:

  • 🌐 The Power of Transaction Graphs: PayPal's advertising strategy is built on its "transaction graph," which captures consumer spending across 30 million merchants globally, offering a much broader and deeper understanding of purchase behavior than single-retailer data. 
  • 🔗 Cross-Retailer Attribution: Unlike traditional retail media that operates in silos, PayPal can provide closed-loop attribution across all merchants where a brand's products are sold. 
  • 🛍️ Beyond Single-Category Insights: PayPal's transaction graph enables connections across diverse spending categories (e.g., sporting goods, groceries, travel). 
  • 🔒 Trust and Data Security in Advertising: Despite handling sensitive financial data, PayPal emphasizes that trust and data safety are central to its advertising business. 
  • 🤝 Agency Collaboration: Advertising agencies are actively "leaning in" to PayPal advertising because of its ability to offer a cross-media view and help optimize and plan campaigns across many outlets in their ecosystem.
  • 📈 Evolution to Offsite and Full-Funnel: PayPal is naturally expanding into "offsite" ads and full-funnel marketing due to its existing transaction data across numerous merchants. 

🎙 Guest: Dr. Mark Grether

🎤 Host: Mike Shields

📺 Sponsor: Rembrand

🎬 Producer: FEL Creative

...more
View all episodesView all episodes
Download on the App Store

Next in MediaBy Mike Shields

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

43 ratings


More shows like Next in Media

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,101 Listeners

Pivot by New York Magazine

Pivot

9,202 Listeners

Channels with Peter Kafka by Vox Media Podcast Network

Channels with Peter Kafka

552 Listeners

Founders by David Senra

Founders

1,906 Listeners

AdExchanger by AdExchanger Talks

AdExchanger

70 Listeners

Bloomberg Business of Sports by Bloomberg

Bloomberg Business of Sports

148 Listeners

The CMO Podcast by vYve & Jim Stengel

The CMO Podcast

348 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,397 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,189 Listeners

The Powers That Be: Daily by Puck | Audacy

The Powers That Be: Daily

361 Listeners

The Town with Matthew Belloni by The Ringer

The Town with Matthew Belloni

1,009 Listeners

Marketecture: Get Smart. Fast. by Ari Paparo

Marketecture: Get Smart. Fast.

21 Listeners

AdTechGod Pod by AdTechGod, The AdTech God

AdTechGod Pod

29 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

461 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,127 Listeners