
The FMCG Guys 278. Alejandra Restrepo, Head of Mercado Ads (Mercado Libre) Mexico: From Retail to Media
Oct 29, 2025
Alejandra Restrepo, Head of Mercado Ads Mexico at Mercado Libre, brings a wealth of experience from consulting at McKinsey to leading innovative advertising solutions in e-commerce. The discussion highlights how Mercado Libre is transforming retail media through AI and first-party data, while forming partnerships with giants like Google and HBO Max. Alejandra shares insights into Mexico's retail media landscape and its dynamic consumer market, alongside leadership lessons and the exciting future of Retail Media 2.0.
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Retailers Becoming Major Media Players
- Mercado Ads evolved from retail media into one of Latin America's top three digital media companies.
- This shift shows retailers can become full-scale media ecosystems beyond on-site advertising.
Why Mexico Leads In Retail Media
- Mexico is one of the most sophisticated retail media markets in Latin America due to proximity to the U.S. and open-minded marketers.
- Mercado Libre used Mexico to launch partnerships for connected TV and Extended Inventory.
Combining Commerce, Fintech And Content Data
- Mercado Libre bundles first-party commerce, payments, and content data to build unique audiences across on- and off-platform inventory.
- That enables measurement across awareness and conversion without the typical trade-off.
