In the ever-evolving marketing landscape, businesses are always looking for ways to more effectively connect with their target consumers. With the rise of Digital Out-of-Home (DOOH) advertising, new and innovative techniques for audience targeting have emerged. One that has quickly gained traction and adoption among the advertising industry is the use of location and mobility data.
Location data reveals where consumers are, while mobility data paints a picture of their movement patterns. Together, they form a potent combination that empowers marketers to select the most impactful DOOH panels that will reach the right audiences.
Leveraging Location and Mobility Data for Audience Targeting
Let’s illustrate this concept with an example. Suppose you’re a car manufacturer looking to target a specific demographic – let’s say, 30-40-year-old urban professionals. By overlaying location data (which can indicate areas with a high density of this demographic) with available DOOH panels, you can select the ones that are most likely to reach your audience. Simply put, mobility data helps you optimize your DOOH panel selection based on real, actionable insights.
The Role of Location Data in Measuring DOOH Impact
The power of location data goes beyond just precise audience targeting. It’s also a strategic asset for gauging the effectiveness of a DOOH activation. By analyzing the changes in in-store traffic patterns before and after a DOOH campaign, businesses can measure the impact of their campaigns on driving visits. This is especially useful for companies with physical locations.
Moreover, mobility data can fuel attribution engine technology, which helps brands optimize their DOOH activations and overall media mix by considering in-store traffic insights. This essentially allows for an accurate measure of the return on investment for each marketing channel, helping businesses to allocate resources more efficiently.
Choosing the Right Partner for Your Data-Driven Strategy
Locala, with its extensive database of over 300 million US users, is designed to support brands in their data-driven omnichannel marketing strategy. With its rich data sources and industry expertise, Locala can help you not only reach, but resonate with your target audience, making your marketing investments more effective and impactful.
The future of DOOH marketing lies in leveraging location and mobility data for better targeting, measurement, and optimization. This data-driven approach promises to revolutionize the DOOH landscape, helping brands connect with audiences in a more relevant and meaningful way.