Location + Data Makes Mobile Targeting Magic, According to xAd Q3 2013 Mobile-Location Insights Report
XAD | 11 / 19 / 2013
Scion Combines Location Targeting with Real-Time Mobile Search Behaviors Amplifying Ad Engagement by 120 Percent
New York (PRWEB) November 19, 2013
By adding strong data insights like audience profiles and mobile search behavior to details about a consumer’s location, mobile marketers can amplify the results of targeted mobile ad campaigns, says xAd, a leading mobile-location based advertising platform. According to the xAd Q3 2013 Mobile-Location Insights Report, xAd-powered campaigns that combined location and data saw a 10% lift in click through rates (CTRs), signaling the power of the combination.
Nearly all of xAd’s campaigns (97%) used some form of location targeting in Q3, either standard geo-location (zip code, DMA, etc.) or geo-precise targeting (areas not conforming to standard geo-boundaries). In addition to targeting consumers with mobile ads based on their location, 96% of xAd’s location-based campaigns now include an additional data source to enhance relevance and results.
Scion, a vehicle brand owned by Toyota Motor Corporation, used xAd’s SmartFence™ technology, which combines real-time mobile search behavior with location, to identify and engage in-market auto shoppers to drive foot traffic to regional Scion dealerships. When compared to a standard geo-fence, these dynamically targeted auto shoppers were more likely to click on an ad, as Scion’s CTRs for ads jumped by 40%. Additionally, consumers were 120% more likely to engage in secondary actions on the campaign’s custom landing page by seeking maps, directions and more detail or making a phone call.
"La ubicación es una herramienta poderosa para el impulso para la aplicación de nuestra mensajería específico", dijo Mike Salvo, vicepresidente senior de estrategia de ZenithOptimedia, la agencia que ejecuta la campaña. "Para esta campaña, hemos sido capaces de utilizar la ubicación y los datos de forma dinámica para orientar a los compradores de automóviles en el mercado con la mejor mensajería para impulsar la acción. La combinación de ubicación, el comportamiento dinámico móvil, y opciones de mensajería proporcionado resultados que excedieron nuestras expectativas ".
Overall in Q3 2013, xAd’s location targeted campaigns performed above the industry standard CTR benchmarks for display and search at 0.60% and 8.9% respectively. Campaigns in the xAd network that utilized location alone performed at a CTR of 0.55%. While this is still above the industry benchmark, layering on an additional level of data increased the CTR to 0.60%.
“Location topped with data such as audience attributes, mobile behaviors, and visitation patterns empowers marketers to create a more targeted and engaging advertising experience,” said Dipanshu “D” Sharma, CEO at xAd. “What we are quickly discovering, on our platform and across the industry, is that layering location and data together can unlock the full power of mobile advertising – truly demonstrating a ‘1 + 1 = 3’ marketing effect where combining two strong inputs can exponentially increase the impact of a campaign.”
The report also revealed that the top location + data mobile ad categories in Q3 2013 were Retail, Restaurants, and Auto. Overall, the top three mobile ad categories in the xAd platform were Retail, Restaurants and Finance & Insurance, while the top three mobile search ad categories were Restaurants, Telecommunications and Entertainment.
Published quarterly, the xAd Mobile-Location Insights Report provides trends and insights into the current mobile landscape. Metrics and insights provided are based on xAd’s platform and campaign data (July 2013 – September 2013) from over 200 unique national brand advertiser campaigns.