Geofencing – Geofy https://blog.geofy.ai location based intelligence Sun, 27 Sep 2020 07:18:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://blog.geofy.ai/wp-content/uploads/2020/06/cropped-favicon-1-32x32.png Geofencing – Geofy https://blog.geofy.ai 32 32 What is Digital Outdoor Advertising? https://blog.geofy.ai/what-is-digital-outdoor-advertising/ Sun, 16 Aug 2020 14:02:10 +0000 https://blog.geofy.ai/?p=411 The combination of Outdoor advertising and Mobile, bridges the gap between the offline and online worlds and perfectly connects the benefits of both. Out of…

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Out of Home Advertising

The combination of Outdoor advertising and Mobile, bridges the gap between the offline and online worlds and perfectly connects the benefits of both. Out of Home advertising (OOH) provides continuous and consistent appearance, and gives brands large public exposure. We could say that mobile devices function as a personal channel to the digital world. Advertising campaigns complement each other on a large scale sales funnel and – as studies have shown – are most effective when combined. Today advertisers can deliver their messaging based on the surrounding environment of their audiences, adapting every step of the way to real-life circumstances.

Digital OOH ecosystems are powered by state of the art technology. It includes targeting, tracking, and customization that can be implemented for dynamic messaging conveyed to the right audience at the right time. By combining OOH elements with Mobile campaigns to emphasize the message we want to deliver, a greater scope of the campaign is obtained with significantly higher resonance and remembrance among our target audience. 

OOH has taken advantage of the fact that we’re all carrying GPS devices in our pockets. Smartphones with advances in tracking technology have made geofencing possible and ready to work hard for advertisers. Making digital impressions work harder by aiming them to an audience who has seen the message in another channel is savvy marketing. Brands can capitalize on the proximity, relevancy, and recency of an OOH ad by then serving a mobile display ad to the same audience, reinforcing the campaign goals as a whole. 

Combining the capabilities of these two, OOH media offers massive reach within a market, and mobile billboards, specifically, drive relevant messages in contextual placements while also making a big impact visually for a brand. We hereby reinforce the OOH message as well as giving OOH viewers a way to further engage or convert, and most importantly having the brand at the users’ top of mind at all times. 

How do we make advertising more meaningful with OOH and Mobile campaigns? 

  1. By making a fusion between offline and online campaigns, brands connect with their core audience at the right time in the right place.

  2. Influencing through the strategic OOH locations, while amplifying your campaign with location targeting on mobile.

  3. Extend reach and deliver greater brand awareness through targeting mobile devices exposed to OOH advertising.

  4. OOH Advertising activates people to engage and interact with brands and take action in countless new ways. Mobile facilitates this further, and helps to link the physical and the digital world.

  5. Be more creative with the brand’s communication and make it more personal by linking OOH messages with mobile device advertising.

  6. Challenge the way brands measure the success of OOH, by leveraging mobile insights and campaign research solutions (using in-store attribution and brand studies).

  7. Build a partnership to connect OOH advertising with mobile devices by targeting consumers in real-time when they are in proximity to an OOH ad placement,           and retarget consumers in the optimal location, to maximize brand awareness, favourability, advertising recall, and engagement. 

 

Connecting OOH exposure and online advertising, using in-store attribution analysis to measure the effects of brands’ digital marketing on both in-store visits and sales, should become the main tool for OOH attribution. 

Today most platforms allow advertisers to buy both OOH and mobile ads at the same time, which means they can have an integrated approach for local marketing efforts. From geofencing to tracking and retargeting, digital OOH shows us a glimpse of what’s to come in the advertising world. 

Visit: Geofy.ai to get the best guidance in the geofencing industry! 

 

Posted by Stephanie Lublinski, Business Manager, Geofy.ai

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Geofencing Marketing – Best Practices https://blog.geofy.ai/geofencing-marketing-best-practices/ Thu, 16 Jul 2020 12:54:20 +0000 https://blog.geofy.ai/?p=327 Mobile is the only media platform (or from the User’s perspective, the only device) that is with your target consumer from the moment they wake…

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best_practices

Mobile is the only media platform (or from the User’s perspective, the only device) that is with your target consumer from the moment they wake up to the moment they go to bed. It’s the most common access point to the internet regardless of whether the user is at home, at work, or out-and-about.

Conventional advertising channels are typically used to build brand awareness, which is proven to be very effective in terms of increasing sales. What geofencing does in that aspect is creating a Positive Disruption and is extremely effective due to the fact that the mobile device is with people during most of the day.

Positive Disruption means being able to resurface your brand in people’s consciousness at the most opportune moments, and remain at their “top of mind” – i.e. influence the purchase-making decision. 

What geofencing and behavioral micro-planning allows us to do is to expose the brand when it is most relevant. However, what are the best ways or techniques we should consider when running a geofencing mobile campaign? Here’s your answer! 

 

  1. Use Geofencing as a tool to predict consumer behavior: 

Mobile, and more particularly geofencing strategies are the tipping point in the power shift to consumers owning the media content. For the first time – platforms match and even outgrow the audience. Multi-device, multi-region, multi-format. Behaviour is predictable but decision making is not. 

Location is such a strong predictor of behavior, it allows us to boost your brand at the moment of decision-making. It’s users’ data (all opted-in and compliant with industry data protection and privacy regulations such as GDPR and CCPA), that enables us to Positively Disrupt. Use location data for behavior insight considering the entire customer journey and reach out to audiences at the most relevant time. 

2. Create relevant ads for your core target audience: 

We are now facing a situation where unfathomable amounts of content are available, and the growing number of people with a personal, portable device from a very early age that grants them access to all this content, whenever and wherever they want.

Location data gives us more than a place. By blending the users’ demographic information that comes through the bidstream, with the content being consumed at the time of exposure, and the location of the device (whether in real-time, or historical), we get an incredibly rich picture, building more relevant audience clusters. Location data enables us to show our target audience the exact content they are looking for while being in the right place at the right time for us to achieve a significantly higher engagement rate.  

A major part of your campaign planning should be coming up with different types of creative ads that resonate and are remembered by your audience. Involving not only static ads but interstitials, GIFs, dynamic ads, and video content with a noticeable and compelling call to action, in order to catch your audience’s attention – becomes crucial. 

 

  1. Consider both quantity and quality when it comes to strategic location targeting: 

When it comes to geofencing technology, a customizable polygon-shaped geofence will make all the difference. This type of virtual perimeter allows you to literally spot devices in real-time in your exact point of interest regardless of its geographical disposition in the map, providing a unique tailored strategy. Ideally, your geofences should be as precise as possible, but keeping in mind that we want to identify as many relevant users as we can. Place a small radius of geofences but add as many (simultaneously) as necessary. A good rule of thumb is 20 locations for every $1k of ad spent allocated to the campaign. 

Last but not least, always place yourself in the shoes of your target audience. This will help you identify which are the strategic and strongest locations to be considered. 

 

  1. Always combine a retargeting strategy to strengthen your campaign: 

Combining real-time and interest targeting with a strong retargeting strategy should be your key to success. Users who receive retargeting ads from websites or apps they’ve previously visited are 80% more likely to interact with an ad. By using retargeting tools we establish multiple contacts with the user, to promote higher engagement with the ad in specific locations with the desired mindset. It is all about that final push that will help them choose your brand when it comes to decision making. 

 

  1. Mobile multi-channel campaigns: 

Targeting your user on multiple devices at the same time can create a powerful message. We enable advertisers to show the user different ads across all devices. 

We recommend to consider the following options:  

  1. Sync TV commercials with online ads 

  2. Combine your out of home and mobile geolocation campaigns. 

  3. Push ads around specific billboard locations.

The idea is to convey the same message, or supporting messages, through different media channels and create full coverage via multi-channel campaigns.

  1. Smart campaign optimization is a MUST! 

Our ultimate goal is to maximize results and make the most of your campaign, therefore constant monitoring and optimization are vital. Aside from having a trusted and knowledgeable campaign manager, you should also always check and be aware of what is and is not working, and how performance could be improved. Whether it is analyzing trends or applying A/B testing, optimization steps should always take place, and in parallel smartly allocate your budget to where it yields the most. 

 

  1. Measuring In-Store attribution: 

Being able to attribute real-world actions to digital interaction is a more accurate reflection of how consumers operate. They don’t view their world as two separate online and offline parts, so why should we? There is a wealth of physical data we can access linked to existing behavior, ad-prompted behavior, and outcome. This metric will provide brands much deeper insights into the campaign’s effectiveness in the real world, by connecting online campaigns to in-store results. Nonetheless, determining your advertising cost per in-store user becomes handy for future campaign planning. 

 

All in all, considering all of the above geofencing best practices will outstand your campaign with super-precise targeting, higher performance, increase in sales, and most importantly in ROI. 

Don’t hesitate to reach out to us, visit: Geofy.ai to get the best guidance in the geofencing industry! 

 

Posted by Stephanie Lublinski, Business Manager, Geofy.ai

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What is Geofencing Marketing? All That You Need To Know https://blog.geofy.ai/what-is-geofencing-marketing/ Wed, 17 Jun 2020 11:06:00 +0000 http://blog.geofy.ai/?p=1 Geofencing is a location-based technology that triggers an action when a device enters a specific location. With that, Geofencing technology allows businesses to target their…

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Geofencing is a location-based technology that triggers an action when a device enters a specific location. With that, Geofencing technology allows businesses to target their core audience by simply providing virtual boundaries. As a part of your business’ marketing efforts, you should consider a geofencing marketing strategy now more than ever. 

How Exactly Does Geofencing Work?

Firstly the advertiser determines their particular locations of interest by setting the virtual perimeters around those. When target customers step into that boundary, ads or push notifications are triggered. Users that fit the campaign targeting criteria are spotted in real-time, and an ad is served on the users mobile phone. 

Mobile devices within the geofences are tracked via a GPS signal, which is usually activated on the user’s device. This can take place while the user is connected to either WiFi or have their cellular data on to receive alerts when being in proximity to the geofence. With smartphone location kept on, these alerts become functional in the device’s background. The key decisions to a successful geofencing campaign are: choosing strategic locations, establishing a precise perimeter with a substantial amount of geofences to reach as many desired users as possible, and create engaging content that will trigger your target audience interest. 

Why should marketers use Geofencing? 

There are a few main benefits for using geofencing that get marketers excited:

  1. Targeting – Geofencing allows marketers to reach their key audience at the right time in the right place with the desired mindset. Geofencing is used to pinpoint specific ads when the user is in proximity to the initial location.

  2. Personalized customer experience – Nowadays clients are impatient, always on the run, and are only interested in offers that match their current needs and demands. When you convey a message by sending tailored offers to your niche audience, at the right time; the odds of driving customers to your store and engaging with your brand exponentially increase. 

  3. Increase sales – Geofencing allows you to hit the jackpot when your brand becomes relevant. Thus, you increase sales by directly sharing promotions with real prospects.

Geofencing strategies polish your marketing campaign, becoming one of the most effective ways of Lead Generation. 

Check us out & find out more information at: https://geofy.ai 

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