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How Brands Can Get their Game On Using Geofencing
- 1. How Brands Can Get their Game
On Using Geofencing
Lee Karchawer,
Placecast
- 9. Market opportunity:
$4 trillion in offline commerce
95%
offline
5% online
2012
$ 4 Trillion
Total US Retail Sales¹
¹Source: US Department of Commerce
Select SoLoMo Categories
(Do not migrate easily to online²)
0
100
200
300
400
500
600
700
Offline
Online
$660B
$491B
$305B
$48B
$34B
$7B
²Source: Mike Ghaffary/TechCrunch 2-24-13
http://techcrunch.com/2013/02/24/brick-and-mortar-wins/
©Placecast, proprietary and confidential, 2013 9
- 11. ChallengesMarketers Face with mobile
+ location
• Sufficient reach and scale
• Verifiable audience targeting
• “My consumers” vs. somebody else’s audience
• Cross-channel attribution
• Ability to “close the loop” and measure ROI
• Reporting and analytics
©Placecast, proprietary and confidential, 2013
11
- 15. Brand Value Highly Targeted Marketing
©Placecast, proprietary and confidential, 2013
15
- 17. Closing the loop Measurable
redemption through transaction
©Placecast, proprietary and confidential, 2013
17
- 19. PlaceAd:delivers reach at scale for
location
©Placecast, proprietary and confidential, 2013
19
Over 10 Billion
location-based
impressions per
month
Site-level
transparency
Real-time bidding
capabilities.
- 20. PlaceAd: Localized mobile
campaigns with national scale
• Reach customers on the go with
localized mobile display ads
• Campaign creative tailored to
location, time and audience target
• Dynamic ads incorporate real-time
information like:
Address and phone number of closest
retail location
In-store promotions and events
Inventory and prices
• Full 3rd party ad serving support
©Placecast, proprietary and confidential, 2013
20
- 21. Creative: Ads created dynamically
©Placecast, proprietary and confidential, 2013
21
Ads an be
dynamically tailored
based on:
• Location
• Time
• Audience
Segment
• Device
• Content Type
- 22. Example: Targeting audience and location
PRIZM segments, Experian data
Geofence Playgrounds
Parenting Apps
Parents w/ kids under
18
©Placecast, proprietary and confidential, 2013
22
- 24. USE CASE
©Placecast, proprietary and confidential, 2013
24
MOBILE/SOCIAL VIRTUAL CURRENCY
Consumers are prompted to engage with a brand while they are social gaming on the SocialVibe network. The
engagement opens, and users answer a series of questions about the brand. The engagement can also include
video, custom games, and more.
- 25. USE CASE
©Placecast, proprietary and confidential, 2013
25
MOBILE/SOCIAL VIRTUAL CURRENCY
SocialVibe has integrated with Placecast to allow customers to receive additional currency through an additional opt-
in geo-fencing step within the engagement unit.
- 26. USE CASE
©Placecast, proprietary and confidential, 2013
26
MOBILE/SOCIAL VIRTUAL CURRENCY
• Online Social Engagement model extended into physical world via mobile
• Reward consumers with virtual currency each step through the purchase funnel
• Retarget pre-qualified users when they are nearby stores and other locations
• Program remains 100% opt-in, and delivers at scale
• No smartphone or app downloads required
• Cutting edge, first of its kind marketing program
- 29. Best Practices
LOCATION IS AN ENABLER, NOT JUST A TACTIC
Location can take many forms – push and pull, in-store and at other places in the real world. Instead of buying a “location-based
campaign”, think about how location can be incorporated into everything you do on mobile, including coupons, direct-to-card
offers, branded apps – even augmented reality.
LINK OTHER DATA WITH LOCATION FOR BETTER TARGETING AND HIGHER TRANSACTION VOLUME
Data such as demographics and psychographics, past purchase behavior, CRM or loyalty data and even dynamic information like
weather can all be used to increase the relevancy of an offer to consumers
THINK BEYOND THE STORE
Geofences can be deployed anywhere and location offers a great way to associate an offer with an experience or place. Sports
arenas for post game, concerts to reinforce sponsorship, ski resorts, airports, gyms, even dog parks can all be used to trigger an
offer
PUSH AND PULL ARE BOTH RELEVANT EXPERIENCES - BUT MAY REQUIRE DIFFERENT OFFERS
Push offers via SMS or push-notifications should be high value and very relevant marketing offers; pull offers can be more nuanced
and focused on merchandising
INTEGRATE WITH OTHER MEDIA
Use other media to drive awareness then take advantage of mobile + location in proximity to a store can be a great reminder near
the point of purchase
CREATE MOBILE-SPECIFIC OFFERS
Mobile is a unique and highly personal medium – create offers that the consumer sees as a valuable service from the brand (vs.
publishing the same offers that are available on the web or in FSI’s)
©Placecast, proprietary and confidential, 2013
29
Notas del editor
- ¹Source: US Department of Commerce²Source: Mike Ghaffary/TechCrunch 2-24-13http://techcrunch.com/2013/02/24/brick-and-mortar-wins/