
Ricardo Belmar: Consumers Don't Hate Ads, They Hate Bad Ads | The ADOTAT Show S10E8
Consumers are fine with ads. Ricardo Belmar said it on The ADOTAT Show, to an ad tech audience, with a straight face. Ricardo is the founder and host of the Retail Razor Podcast Network, a former retail marketing director at Microsoft, and a six-time RETHINK Retail top expert. His argument comes in three parts: consumers don't hate ads, retail is still a people business, and agentic commerce is a new channel, not the end of the store. Pesach Lattin pushes back on every one of them. In this episode: Why ad spend keeps rising, and whether that proves anything Amazon's sponsored-results buffet, and why Ricardo clicks the organic listing out of spite Streaming was born to kill ads. Then every streamer added an ad tier The Super Bowl as an awareness play, not a performance buy Retail media at $50 billion: proof that consumers accept ads, or a data heist with a nicer name? The 40 easy questions: what AI should actually do for store staff The toilet paper test: does the brand matter when a bot does the shopping? Why your product pages may be invisible to AI chatbots A June prediction about this holiday season, now due Manhattan is not America, and Gen Z wants a person Kylie Minogue, Ryan Reynolds, Aviation Gin, and the kids he left off the island on purpose Chapters: 0:00 Cold open 0:10 The ADOTAT Show 0:40 A word from Troutman Amin 1:00 Ricardo Belmar joins 16:54 A word from Incremental 17:09 The conversation continues 34:05 Thanks for watching Watch the video: youtube.com/watch?v=pB1lxLBRy2U Read the full write-up, with the numbers checked and where Ricardo is wrong: new.adotat.com The ADOTAT Show is sponsored by Troutman Amin LLP and Incremental (ROAS tells you what sold. Incrementality tells you what your ads caused.). Sponsors have no say over guests, questions or edits. ADOTAT is reader-supported. No paid placement in editorial. Hosted by Pesach Lattin, investigative journalist and publisher of ADOTAT.










