why location- based media matters
DESCRIPTION
Key location- based services stats for 2011/ 2012. For more information, please visit - http://www.digitalsignage.net/blog/TRANSCRIPT
Why location-
based
services matter
Image credit:
miss_hg, Flickr
The Facts
Location- based services are welcomed by consumers. More and more businesses are embracing them.
Location- based services drove a 50%
increase in footfall
Image credit: Lars Ploughman, Flickr
The number of business not using digital signage
fell by 22%
7 in 10 people are willing to receive
location- based messages
As of 2012, 750,000 companies have claimed
their businesses on Foursquare
LBS- a social, entertainment or information service, enabling a company to reach its audience with a message relevant to that audience’s geographic location.
Recent Progress
2011- the ‘’Year of the Mobile’’ (Nielsen) The use of location- based services increases.
February 2012 74% of smartphone
owners use their phones to get place- based
messages
Image credit: philcampbell, Flickr
Use digital signage to drive check-ins and help
your venue go viral
May 2012 Only 18 % of them check into certain locations or share their location with
friends.
Image credit: Ed Yourdon, Flickr
‘’It’s fascinating to watch how quickly smartphones owners are incorporating this type of location-specific information in their lives.“ Kathrin Zickuhr, PEW Internet
May 2011 55% of smartphone
owners get real-time location-based
information on their phones
Dec 2011 Foursquare reaches 15
million users
Where we are now
The strong smartphone culture, improving technologies and the avoidance of traditional marketing resulted in the emergence of location- based marketing (LBM).
Image credit: DDGTV
Digital displays can support interactions
through the use of touch screen technology
and smartphones (QR codes, NFC etc.)
TV remains America’s
most popular source of news
Image credit: LocaModa
"Everyone standing in front of a screen is mobile, the opportunity for us is understanding how to connect to that user" Stephen Randall, CEO of LocaModa
LBM- uses location- based
services to engage with
consumers based on their
Location.
PwC
Real- life examples From a little- known Swedish supermarket to the fast- food giant McDonald’s, companies from all industries and of all sizes use digital signage to drive business and inform their customers.
McDonald’s new digital signage channel will show area- specific information ,
direct viewers online for shopping and offer music for
download.
This video wall invites a customers to check in and
make the prices of selected products fall.
"The beauty of using mobile
activation with digital signage is
that it creates the pull for
information, rather than the
push." Stephen Randall,
CEO of LocaModa
Photo source: Ooh-tv Photo source: Yahoo Finance
Conclusions
‘’Out-of-home advertising is being propelled by the usage of digital signage’’ PwC
‘’It’s about the horizontal integration of all media around the engagement of a consumer in a specific place” Asif Khan, Location Based Media Association
“Simply put, location changes everything.” Matthew Honan, Wired magazine
48% of smartphone owners said using their devices to browse has influenced their in-store purchase decisions. Retail Touchpoints
19% of consumers made an unplanned purchase after seeing an ad of an item on the screen. Arbitron 2010
Other sources PEW Internet, ‘’ Three-quarters of smartphone owners use location-based services’’ May 2012 PricewaterhouseCoopers Canada, ‘’Marketing goes local’’ May 2012 Arbitron Digital Place- Based Video Study 2010
Provided courtesy of Dynamax
Liked what you’ve read? Be sure to grab our free white papers! http://bit.ly/VTE6vo