THE ADVERTISER CHALLENGE, SOLVED: DRIVING FOOT TRAFFIC WITH MOBILE
James Smith, Chief Revenue Officer of Verve, the leader in location-based mobile advertising, will explain how the strategiccombination of quality location and audience data is driving consumer foot traffic to brick-and-mortar locations. In this session, James will review location relevant case studies from Verve's advertiser partners across key industries, such as retail.
Presenter: James Smith, Chief Revenue Officer, Verve Mobile
6. 6
Dr. Martin Cooper of Motorola made
the first mobile phone call in 1973.
The phone weighed 2.5lbs.
10 hours to charge.
Talk time was 30 minute.
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IT’S IMPOSSIBLE TO MAKE IT LIGHTER
THEIR ARM WILL FALL OFF BEFORE THEY
HOLD THIS THING FOR 30 MINS
NOBODY WANTS TO CARRY A PHONE WITH
THEM AT ALL TIMES
When asked what people would do after 30
mins, Dr Cooper shrugged and said:
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LEARNING #1:
In which lat-long does Verve see the most
consumers at 3:00 am on Sat night?
A. Grays Papaya, NYC (40.714353° N, 74.005973° W)
B. Pinks (Dogs and Burgers), Hollywood (34.092809° N, 118.328661° W)
C. Wiener Dog, Chicago (41.878114° N, 87.629798° W)
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“On-platform” inventory is
crucial to results.
• 1st party data
• High quality lat / long location data
• Historical information on what works,
on what sites when, where, and how
LEARNINGS ON LOCATION BASED MEDIA
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EXCHANGE:
“An act of giving one
thing* in exchange for…”
*THAT “ONE THING” IS NOT GREAT LOCATION DATA
LEARNINGS ON LOCATION BASED MEDIA
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LEARNING:
Where would Verve see the most people on a
weekend out of the following three places?
A. Michigan Stadium (42.265876° N, 83.747929° W)
B. Rose Bowl (34.161321° N, 118.167631° W)
C. Met Life (40.813549° N, 74.074459° W)
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QSR/CDR campaigns that used location data
performed 2x better*
QSR/CDR: LOCATION PERFORMS
* 70% of category impressions used location data. Avg. ctr: 1.21%
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QSR/CDR MOST POPULAR TACTICS
55%
28%
17%
Geo-aware with tap to nearest
location
Geo-fence/Geo-Conquesting
Location-based Audience Targeting
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CASE STUDY
McDonald’s
Fish McBites new menu item launch
GOAL
Drive consumers into McDonald’s restaurants to try
the new Fish McBites
STRATEGY
Geo-fence restaurant locations, leverage dynamic
geo-aware ad units with expandable map
RESULT
Dynamic placements performed 2.5-4x higher than
the mobile industry average.
CTR : 1.88%
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General foot traffic
Special promotion periods / sales
Regional heavy-ups / franchise support
Store / location openings
Co-Op
RETAIL: GOALS
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Campaigns that used location data
performed 2x better
Retail is strongest in location-based
performance CTR lift overall
RETAIL: LOCATION MEDIA
PERFORMS
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MOST POPULAR TACTICS
Geo fencing / Geo-conquesting locations
Location based demographic targeting
with geo-aware creative
Use of 3rd party audience data overlayed
on location
Dayparting combined with Geo aware creative
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CASE STUDY
H&M
David Beckham Bodywear
GOAL
Drive foot traffic to stores and mobile sweepstakes
participation
STRATEGY
Geo-fence store locations, integrate social
media campaign
RESULT
Verve helped drive thousands of Beckham fans to
select retail locations
CTR : 2.3%
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CASE STUDY
ZALES
Holiday Sale Event
GOAL
Drive foot traffic to stores and promote jewelry
STRATEGY
Geo-fence store locations and geo-conquest
competitor locations
RESULT
Verve helped drive thousands of holiday shoppers to
Zales stores
CTR : 0.70%
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CASE STUDY
MACY’S
Prom Sale Event
GOAL
Drive foot traffic to Macy’s stores during Prom Events
STRATEGY
Geo-fence store locations
RESULT
Verve helped drive thousands of consumers to the
Macy’s Prom Sale Event
CTR : 0.61%
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Drive foot traffic onto their lot and away
from competitor’s lots.
Drive foot traffic back into their lots.
Target in-market buyers, where they live.
GOALS
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MOST POPULAR TACTICS
Geo fencing / Geo-conquesting dealerships
Geo-retargeting people that have been to their
and competitive dealerships
Targeting key zips for specific models based
on Polk sales data
Location target in-market intenders via Polk
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LEARNING :
In which lat-long does the celebrity who wins
“train wreck but we can’t stop watching award,”
officially live?
A. Beverly Gen, CA (34.107716° N, 118.442596° W)
B. Long Island, NY(40.789142° N, 73.134960° W)
C. NY, NY (40.714353° N, 74.005973° W)