Verizon and Cooler Screens power next generation digital in-store media platform
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NEW YORK and CHICAGO (June 29, 2020) -- Verizon and Cooler Screens, the company behind the digital in-store experience that replaces traditional cooler doors, today announced a long-term, strategic agreement to create and deploy next generation digital services for retailers. Verizon Business is powering Cooler Screens digital media and merchandising platform through LTE connectivity and a fully managed solution including Internet of Things (IoT) condition-based monitoring, integrated service desk, and field services support. Verizon Media is extending its digital out of home (DOOH) advertising footprint to enhance in-store shopping experiences and omni-channel advertising opportunities. Additionally, Cooler Screens smart cooler doors have wireless capability which in turn allows Cooler Screens to explore ways to leverage Verizon 5G for faster and enhanced digital experiences in the future.
Verizon Media and Cooler Screens are bringing the power of digital advertising to brick-and-mortar retail, offering marketers an innovative way to reach consumers while they shop in essential businesses across the country. Verizon Media has extended its digital leadership position to modernize the in-store shopping experience on retail cooler doors to become the exclusive ad platform offering inventory access to this unique, digital in-store retail experience. In partnership with Cooler Screens, Verizon Media will be the primary supplier of DOOH ads in top Walgreen store locations in the U.S., including Chicago, New York City, San Francisco and Seattle, reaching over 75 million shoppers monthly within a year.
“Advertisers want to be able to reach consumers not just whenever they show intent, but wherever, and on any screen,” said Iván Markman, Chief Business Officer, Verizon Media. “Leveraging DOOH experiences in essential retail locations offers a powerful and unique opportunity to improve the consumer experience and connect with shoppers at point-of-sale. We are excited to expand our DOOH inventory with this partnership and will continue to enable advertisers to reach greater audiences through our omnichannel DSP.”
“The key to digital advertising 3.0 is changing the shopping experience in-store. The Cooler Screens formula is based on captivating consumer audiences at the point-of-sale and enabling brands to connect with shoppers at the new last mile of advertising,” said Arsen Avakian, co-founder and CEO of Cooler Screens. “Our partnership with Verizon Media is accelerating the digital transformation and providing advertisers new paths to grow.”
Verizon Business will provide a fully managed IoT solution and wireless connectivity to Cooler Screens cooler doors to power the high resolution smart screens that deliver in-cooler contents and ads to consumers at their point of decision. Additionally, Verizon provides the back-end technology to create a customized proactive and predictive management model, inclusive of IT system management support, edge management, telemetry alerting and roadmap planning. Cooler Screens and Verizon are poised to build on this solution and explore ways to leverage the speed and latency of 5G for more transformative customer experiences.
“Delivering next generation digital merchandising and advertising solutions requires reliable connectivity and superior management services,” said Michele Dupré, group vice president, retail, hospitality and distribution, Verizon Business. “Verizon is able to provide the networking and IoT solutions Cooler Screens needs today and build a foundation for the 5G-enabled future.”