ShopThis! with Masterpass is one of MasterCard's newest innovations aimed at closing the gap between when you see something you like in an ad and when you make a move to buy it. ShopThis! with Masterpass is a new tech capability provided by MasterCard to digital publications, which effectively enables a buy now button on digital ads. No longer does a reader have to leave the publication they're reading to search for and purchase an item they've seen advertised. Now, they can simply select "Shop This" and, using their Masterpass log in, seamlessly purchase the item without ever leaving the publication.
ShopThis! with Masterpass could potentially be pretty transformative for digital publications because this enables ads to be transactional as well as informational and aspirational.
Buy Now Magazine Buttons
ShopThis! with Masterpass Enables In-Magazine Purchases
Trend Themes
1. In-magazine Purchases - Innovative technology allows for seamless purchases directly from digital ads within magazines.
2. Closing the Gap - A new tech capability aims to reduce the time between seeing an ad and making a purchase.
3. Transactional Ads - Ads can now be more than just informational and aspirational - they can directly enable transactions.
Industry Implications
1. Digital Publications - The new technology offers a disruptive innovation opportunity for digital publications, transforming traditional ad experiences.
2. Payment Processing - Payment processing companies have the opportunity to integrate new purchasing capabilities within digital ads.
3. E-commerce - E-commerce platforms could benefit from the ability to make seamless purchases within digital publications, increasing sales and customer satisfaction.