Building a Retail Media Network with Heart Inside Ace Hardware

May 1
24 mins

Episode Description

Molly Hjelm, Corporate Vice President of Retail Media at Ace Hardware Corporation, joins Jeremy Bloom (Marketecture Media co-founder, OhHello.ai founder) and Josh Palau (Media and AdTech executive and America’s favorite plus-one) to share how she built Red Vest Media from the ground up. She dives into the power of first-party data, the strength of Ace’s co op model, and how local personalization competes with massive retail media networks. From loyalty data to in-store experience, this conversation explores what it takes to scale while staying authentic.


Takeaways

  • Ace Hardware combines national scale with hyperlocal personalization
  • Strong first-party data is the foundation of effective retail media
  • Most sales still happen in-store, making physical experience critical
  • Simplicity and seamless integration matter most to advertisers
  • Listening to customers drives faster and better product development
  • Retail media success depends on measurable and real-time results
  • Co op structure can be a competitive advantage, not a limitation


Chapters

00:01 Introduction to Molly Hjelm and Red Vest Media

00:31 Why Ace Hardware’s model stands out in retail

01:31 Molly’s background and building the network

02:30 The scale and reach of Ace Hardware

03:13 How local ownership creates authenticity

04:54 Staying human in a digital and automated world

06:48 Ace’s core value proposition

08:35 Growth of e-commerce and delivery partnerships

10:10 Challenges of building a retail media network

12:27 Launch strategy and leveraging partnerships

13:46 Standing out in a crowded retail media space

15:47 Advice for marketers building platforms

17:00 The importance of knowing your customer

19:01 Building for the next generation

21:25 Molly’s journey into retail data and marketing

23:35 Personal insights and closing thoughts

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