EP112: •The AI Shopping Revolution: Is Retail Media in Jeopardy? And What About Shoppers with Kiri Masters

In this episode of Future Shop, Wendy Liebmann sits down with Kiri Masters, founder of the Retail Media Breakfast Club, to dissect the rapid evolution of the shopper journey in the age of generative AI. Using real-world buying experiences—from hair tools to refrigerators—they reveal how tools like ChatGPT and Perplexity are bypassing traditional retail homepages and sending consumers straight to product detail pages. This shift challenges the multi-billion-dollar foundation of modern retail media networks, forcing brands and retailers to rethink their advertising playbooks. Wendy and Kiri discuss why a low-price strategy isn't the only way to win, how Amazon’s AI shopping features change the ad economy, and why keeping an agile, "test-and-learn" mindset is the ultimate key to survival.HighlightsThe Bypassed Homepage: How AI search engines send 55% of referred shoppers directly to the product detail page, completely missing traditional on-site ads.The Myth of the Lowest Price: Why convenience, timing, and brand ecosystem matter just as much as perfect price visibility in AI results.The Real Impact on Retail Media: What Amazon's Alexa Shopping (Rufus) means for the future economics of sponsored product listings.Incentives vs. Evolution: Why legacy retail media network goals might be slowing down the adoption of future-ready advertising models.Send us Fan MailVisit our website for transcripts, links mentioned on this episodes, and video podcasts. Subscribe and rate us with your favorite podcast app!Send us Fan MailVisit our website for transcripts, links mentioned on this episodes, and video podcasts. Subscribe and rate us with your favorite podcast app!