Location based marketing_overview

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Overview of Location-Based Services and How to Get Started with Location-Based Marketing Adam Steinberg Co-Founder, PlacePunch [email protected]

description

This is an educational presentation regarding social location marketing.

Transcript of Location based marketing_overview

Page 1: Location based marketing_overview

Overview of Location-Based

Services and

How to Get Started with

Location-Based Marketing

Adam Steinberg

Co-Founder, PlacePunch

[email protected]

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Introduction

Adam Steinberg

Co-Founder & CEO

PlacePunch

adam.steinberg@

placepunch.com

678.608.1411

@placepunch

@adams472

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Agenda

Evolution of social media

What is a check-in?

How to check-in

Location-based marketing overview

5 tips for starting with location-based

marketing

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Evolution of Social Media

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2000 2004 2007 2010

Share ideas

Share photos,

updates

Share what

you’re doing

Share where

you are

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What’s causing this change in

social media?

GPS-Enabled Smartphones

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Smartphone Affordability

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Smartphone popularization

2004 2010

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Smartphone usage to exceed

flip phone in 2011

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What is a Check-In?

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Check-ins are social location

broadcasting and sharing

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Check-ins connect friends and

venues

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How to Check-In

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Download a check-in application

to your smartphone

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What applications (location-based

services) offer check-ins?

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Check-in at restaurants, stores

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Share check-ins on Twitter,

Facebook

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Meet friends

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Discover new venues

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Earn badges

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Become the mayor

Foursquare Mayor:

Customer with the most days

checked into your venue over

the last 60 days

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Redeem Check-In Specials

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Why check-in?

Socialize

Earn badges; Become the mayor

Receive offers

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Location-Based

Marketing Overview

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Check-Ins for Business

Check-Ins Are:

Customer Visits

Free Advertising

Customer Data

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Why do check-ins matter?

5 million users

+ 150,000 new users a

week

2,500 media mentions

weekly

Facebook opens

check-ins to 500

million members

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Brands marketing through

location-based services

Restaurants Retailers

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Goals of location-based

marketing

+ Repeat customer visits

+ New customer visits

+ Word of mouth awareness

+ Smarter marketing

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Location-based marketing is

data and insights

• Where your customers are

• Where else do they visit

• How many friends they have

• Who they are (demographics)

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Can you harness location data?

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In other words …

Timeliness

+

Personalization

Customer Loyalty +

Word of Mouth Marketing

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What location-based marketing is not

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5 Tips for Starting With

Location-Based Marketing

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1. Claim venues and offer

specials to nearby customers

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2. Deliver timely, relevant

messages to customers

Message customers when

they check in

• Goodwill

• Promotional / Bounce backs

• SMS/Email/Twitter

Benefits

• Affinity

• Future visits

• Retweets / Awareness

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3. Automate personalized

marketing

Based on check-ins,

create personalized

messages for:

• Frequent customers

• New customers

• Lapsed customers

Examples

Send thank you messages and

special rewards to best

customers (that must be shared

– buy one get one free)

If a customer hasn’t visited in

last 60 days, automatically send

coupon or offer.

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4. Identify your potential customers

Market to potential customers that visit

competitors’ locations

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5. Measure. Rinse. Repeat.

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Bonus: Incorporate location data in

other marketing efforts

Send the right offers to the right people based

on their check-in history

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2 Minutes on PlacePunch

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PlacePunch enables marketers to:

Build check-in loyalty programs

Send timely, relevant messages

Build email list

Learn about customers

www.placepunch.com

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Who do we work with?

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Learn more at …

www.placepunch.com

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Thanks for your time

Adam Steinberg

Co-Founder & CEO

PlacePunch

adam.steinberg@

placepunch.com

678.608.1411

@placepunch

@adams472

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Questions?