…everything. One of the most valuable datasets for marketers—and an absolute must-have for location-based businesses—is mobile location-based data (LBD). As soon as consumers started carrying GPS-enabled smartphones a decade ago,…
Location-Based Data for Customer, Advertising, and Competitive Insights By Mark Ailsworth Today’s modern marketers are expected to be data-driven, with every choice backed by a data component which guides decision.…..
…behavior and historical data is worthless for segmentation? How does a company move forward when it knows that its segmentation is faulty—and thus, its market perspective and all of the…
…commercials and online videos for advertising on YouTube than for the new NBA basketball video game. Different radio spots and magazine ads. Different keywords for the search team. Different websites…
…With the rich signals available, these models can be smart enough to build accurate segmentation models more often. So, When to refresh? That’s the million-dollar question around segmentation and one…
…used for audience targeting, setting bid prices, guiding messaging, and other uses for media buying. Some common marketing use cases for predictive segmentation include: Upselling/cross-selling. Have a variety of products…
…than customer insights…location-data that drives targeting, message personalization, measurement, and optimization will all be affected. If your brand leverages location-based data—either through 3rd parties that use it or via your…
…speed and accuracy of computers. Your location data + AI segmentation = a customer-centric foundation unique to your business Of course, location-based marketers are using segmentation. But often it’s being…
…This is the simplest approach and doesn’t require advanced analytics. Customers are divided up by basic attributes such as demographics or location. They are base-level at best and may have…
…change behavior and preferences… Your segmentation can’t be a “set-it-and-forget” once a year exercise. Assignment score (pick one) +1 point if segment assignment is set annually (or even less often)…