Have you ever had an advertisement pop up in the middle of your mobile game? Your business could be taking advantage of that valuable advertisement space through geofence marketing. Geofencing, or location based marketing, gives businesses the opportunity to serve display ads to potential customers within popular apps on cell phones and tablets.
So how does geofencing actually work? Geofence technology draws a virtual perimeter around real life locations such as a physical store or city block. These geographic “fences” can also be customized to be drawn around the perimeter of a business. It can also be set to a certain radius around a location. These locations can be set all the way down to 0.1 miles. The geofence technology then uses their location based services to track when a user enters or exits the set perimeter. Then the ads are displayed to the user via their smartphones or tablets when they are in a certain location or can follow them and serve them ads about your business for a set amount of time after visiting.The geofence technology can only occur if a customer gives an app permission for their location and data to be tracked.
Target Precise Locations
Since geofence technology allows you to set your targeted perimeter all the way down to 0.1 miles, you are able to focus on precise locations. This means you can target specific retail locations, restaurants, neighborhoods, and even your competitors’ locations. Creating personalized advertisements for each location you target can improve your chances of people clicking on your ad.
For example, say you own a sporting goods store in your city. You could use geofencing marketing to serve personalized advertisements to people who visit a Dick’s Sporting Goods or another large chain sporting goods store near you. This would help get your ads in front of local customers who are looking to buy similar goods that you sell. It essentially increases the possibility of people going to your store instead of your competitors.
Uses Popular Apps
Nowadays, most people cannot go anywhere without their phone. The average person typically checks their phone around 50 times a day. Imagine if your company could be displaying advertisements throughout all the times people check their phones or play games throughout the day. Luckily, geofencing uses popular apps to target prospective customers through mobile advertising.
Here is a list of just some of the apps that geofencing can reach your potential customers on:
Real Time Conversion Tracking
Geofence technology is able to collect real-time analytics which provides your business with invaluable data. This information includes which locations your potential customers are likely to visit, how long they are likely to stay at the store, and what they are likely to purchase there. Your business can use this data to become more informed about your consumer audience, and expand on your mobile marketing strategies to become more successful.
Are You Looking to Utilize Geofencing Services?
Does geofencing seem like a marketing tool your business could use? Blue Ridge Media Company, a Cleveland,OH digital marketing agency, offers a variety of geofencing services. Our digital marketing team is skilled in geofence technology and can help your business take advantage of mobile advertising. Contact Blue Ridge Media Company today through or website, or call our team at 888-535-2762!