Reaching consumers who are mobile involves a commitment to geo-targeting, but it's not enough to know how to reach them. The real key for digital rainmakers is to know how to best engage them, lead them to purchase product. This video shows how Mattel cleverly used the iconic Barbie brand to engage its customers on the popular application Foursquare.
Showing posts with label geo-targeting. Show all posts
Showing posts with label geo-targeting. Show all posts
Monday, July 19, 2010
Saturday, July 10, 2010
Keeping The Impulse Alive
Retailers revelled in the advent of e-commerce because an overwhelming percentage of retail transactions are based on impulse. Consumers build justifications for "having to have" a product and when they're in that mood, having easy access to making a purchase closes the deal. So having a computer and Internet access makes satisfying impulses just a few mouse clicks away. Fantastic, right ? Not so fast, what about all that time consumers spend away from their home or office computers ? Now, there's Geo-Social networks and they're all about keeping the impulse alive and well no matter where you are. Mobile applications like @Yelp and @Foursquare on PDAs encourage consumers to check-in, provide tips and win special badges for being out and about. And while that makes some consumers happy, the real force behind these applications is that they allow advertisers to know exactly where you are because they're location based. So, if you're at the store around the corner from that great Italian restaurant, the food establishment can send you an attractive electronic offer to incentivize you to dine there, since you're so close. Geo-social networks are on the rise, because knowing where your potential customers are can provide a huge marketing advantage. After all, retail is all about impulse buying!
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