At last month’s upfronts, Target gathered press and media buyers in a room bathed in neon lighting on New York’s West Side, where one of the company’s executives presented the retailer’s newest innovation: Roundel.
Rebranded from Target Media Network, Roundel is Target’s in-house creative agency and media network. The shop offers content creation, media placement and other advertising-related services for brands lining the shelves of Target stores, like Disney and Unilever, as well as those that don’t, like Mastercard. It’s a model we’ve seen other behemoths debut in recent years. Walmart Media Group and Expedia Group Media Solutions follow a similar formula, and major brands like Verizon and Procter & Gamble have brought some or all of their advertising in-house. But now, these marketers aren’t just doing their own advertising—they’re…
