Geofeedia Ads Leverages Location Data

R.J. Talyor, Geofeedia’s vice president, Product Management, spoke about the location intelligence company’s expansion of its platform for marketers with the new Geofeedia Ads, leveraging location data for highly targeted advertising. Geofeedia Ads provides valuable context for marketers to zero in on ads that are pertinent to particular audiences across social platforms.

Common native ad targeting in social media platforms is based on user profiles, which could be out of date, and does not show where users spend their time or post content. When marketers are able to include location it makes a significant difference in the value of social data. Monitoring keywords and hashtags is not enough because 74% of posts do not include words marketers listen for and 6% do not include any text at all. With Geofeedia Ads, advertisers are able to build audiences that realize significantly higher conversion rates from their campaigns based on consumers’ explicit tagging of locations.

GISCafe Voice: What percentage people do you think tag in social media to make the new Geofeedia ads worthwhile?

Talyor: 38% of US mobile phone owners share location with social platforms. We bring in, on average, around 30 million geotagged social media posts on a weekly basis into the Geofeedia platform. As a result, we have archived over 2 billion posts to date that customers have access to. This enables advertisers to understand and stay up-to-date on audience profiles, trends, and users who are posting in the locations that matter to them and serve relevant and actionable social advertising content to those audiences.

GISCafe Voice: Are you able to also assess spending habits from this location information coupled with frequency of visits?

Talyor: We currently are unable to assess spending habits from location information at this time. We are able though, to identify people who have been to a location more than one time and identify them as repeat customers/visitors.

GISCafe Voice: Where will the Geofeedia Ads be placed?

Talyor: Geofeedia was recently named a Standard Partner with the Twitter Ads API team and with that being said, Geofeedia Ads in its current state will serve up ads to customers on their Twitter Timeline with promoted creatives that are built and customized on the Geofeedia Ads platform.

GISCafe Voice: What are the characteristics of the geo-tagged data, in other words, what is it looking to find, or what kind of commonality does the data have?

Talyor: With Geofeedia Ads, customers are identifying locations in which target customers are going and tagging their location via social media. Customers are then using the Geofeedia technology to geofence these locations and gather all of the real-time as well as historical data from these areas. This data is then taken and exported to the Twitter Ads platform for use of re-targeting.

GISCafe Voice: Can you give an example of a workflow or process whereby a customer tags their location and this leads to future sales?

Talyor: Customers are tagging their location at a location/event that marketers care about. A great example is the use of Geofeedia Ads to retarget fans of the Chicago Cubs for merchandise resell at SportsWorld Chicago. SportsWorld utilized Geofeedia’s technology to draw geofences around Wrigley field and the surrounding areas where Cubs fans were watching the games. They then refined their data by using keyword filters and time filters to find an audience who is identified as Cubs fans. Looking historically and in real-time, SportsWorld then exported this list via Geofeedia Ads and ran a Twitter Campaign to drive these users to their website for merchandise sales.

From company materials: Marketers can leverage Geofeedia for many use cases, including:

• Location-Based Social Advertising: Geofeedia enables advertisers to discover, build and advertise to audiences based on the richest location-based insights in the world. Now advertisers can manage full social campaigns directly from Geofeedia with the new application, Geofeedia Ads.

• Event Marketing:Geofeedia is behind social media command centers at the largest events in the world. With social engagement tools, a complete analytics suite and a mobile app, event marketers can ensure attendee satisfaction and safety.

• Brand Management & Market Research: Geofeedia powers the richest set of location-based insights to measure brand awareness, sentiment, and competitors for product launches, strategic planning or brand studies. With social analytics by location, heatmaps, and brand alerts, marketers can fully measure social to achieve their objectives.

• Social Customer Service: Geofeedia fuels customer experience professionals to discover the 74% of social media posts in locations that don’t include an explicit brand mention. With location-based searching, image analysis, sentiment analysis and alerts, social customer service professionals can discover and resolve even more customer service opportunities.

• Content Marketing: Geofeedia makes it easy to discover and get approval for user-generated content in any location in the world. Search, curate, store and share the best set of imagery from your fans by using the power of Geofeedia.

Tags: cloud, crowdsourcing, data, Geofeedia, geospatial, GIS, Infrastructure, intelligence, location, mapping, maps, mobile, smartphones, social media

Categories: analytics, Big Data, citizen science, cloud, data, geospatial, GIS

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