Introduction

In 2025, retail media is no longer a side bet—it’s a cornerstone of digital advertising. U.S. retail media ad spend is projected to hit $62 billion, growing nearly 20% year-over-year (Emarketer, Adtelligent). Brands and agencies are turning to retail media for its unique combination of high-intent audiences, closed-loop measurement, and commerce-driven outcomes.

But as the channel matures, the buying landscape has become fragmented. Each retailer-owned network operates with its own rules, auction logic, and reporting standards—making it harder for advertisers to compare performance and optimize budgets at scale. That’s where demand-side retail media platforms (DSRMPs) come in: purpose-built solutions that unify access to multiple retailers, streamline buying, and bring transparency to every campaign.

This guide explains what to look for in a DSRMP, with Toppie—Topsort’s self-service, multi-retailer platform with API access—highlighted as an example of how modern solutions can meet the needs of both advertisers and agencies.

What Is a Demand-Side Retail Media Platform?

A demand-side retail media platform works much like a DSP, but is purpose-built for retail. Instead of being owned and operated by a single retailer (like Walmart Connect or Target Roundel), a DSRMP connects advertisers to ad inventory and first-party data across multiple retailers through one interface.

How it works:

  1. Retailers integrate their ad inventory and shopper data.
  2. Advertisers or agencies set targeting, budgets, and creative.
  3. Real-time auctions run across participating retailers.
  4. Ads are delivered onsite, offsite, or in-store.
  5. Results are aggregated in a unified reporting dashboard.

Why it matters: Advertisers and agencies reduce operational overhead, expand shopper reach across retailers, and optimize spend with greater transparency.

Market Growth & Trends in 2025

  • U.S. retail media spend: ~$62 billion in 2025, +~20% YoY (Emarketer).
  • Market concentration: Amazon & Walmart control ~84% of budgets (Adtelligent), but mid-tier and specialty networks are growing.
  • Amazon’s dominance: Projected $60.6 billion in retail media revenue for 2025 (Advanced Television).

Advertiser priorities this year:

  • Reduce platform fragmentation.
  • Access high-quality first-party audiences.
  • Ensure transparency in auctions and fees.
  • Link online ads to in-store results.

How to Evaluate a DSRMP — The 4-Pillar Scorecard

1. Audience Quality & Data Depth

Look for verified purchase history, loyalty program data, and app usage. Prioritize high match rates and recency of data.

2. Technology & Integration Flexibility

API-first and headless commerce support is essential. Platforms relying only on flat-file uploads slow down optimization.

3. Measurement & Attribution

Expect full ROAS, incremental lift, impression share, and CLV reporting. Cross-channel dashboards and multi-touch attribution (MTA) should be standard.

4. Pricing Transparency

Know whether auctions are first-price, second-price, or hybrid—and confirm whether any hidden fees are built into media costs.

Example: How Toppie Fits the Model

Toppie is a demand-side retail media platform that connects advertisers and agencies to multiple retailers in one place, while also serving supply-side partners who want to unlock new demand.

  • Auction Transparency: Supports configurable first-price and second-price models, with full visibility into winning bids and fees.
    • A global beauty brand lifted ROAS by 21% and doubled retailer coverage.
    • A digital-first agency grew ROAS by 43% while maintaining coverage across five retailers.
  • Privacy-First Targeting: Fully GDPR/CCPA compliant, uses anonymized IDs, and operates without third-party cookies.

  • Omnichannel Reach: Run onsite, offsite, and in-store campaigns from one platform, linking impressions to offline sales with privacy-safe match keys.
  • Fast Deployment: API-first integration means campaigns can launch in under four weeks without overhauling existing buying workflows.

Case Snapshot

Advertiser Type CPC Change ROAS Change Retailer Coverage Change
Global Beauty Brand 295% 21% Coverage doubled (2→4)
Regional CPG Leader 14% 26% +3 retailers
Digital-First Agency 27% 43% Maintained (5)
International CPG Brand 126% 93% +4 retailers
Global Agency Partner 27% 77% +2 retailers

Action Plan for Agencies in 2025

  1. Audit your retail media mix for fragmented spend and duplicated reporting.
  2. Test a DSRMP pilot to compare efficiency and scale versus retailer-direct buying.
  3. Use smart autobidding to adjust for keywords, placements, and dayparts in real time.
  4. Integrate attribution data into your broader media mix—search, social, and programmatic—for smarter budget allocation.

FAQ

Q: Can a DSRMP match Amazon’s scale?

Not in absolute volume, but DSRMPs often deliver stronger ROAS and CPC efficiency through diversified retailer access and transparent auctions.

Q: Does Toppie also serve supply-side partners?

Yes—marketplaces and retailers can integrate inventory to access new brand demand via Toppie’s buyer network.