Did you know your smartphone is tracking your every move

Your smartphone is tracking your every move

If you own one of the millions of smartphones in the US today you probably know that everything you do online is being tracked.  When you visit a web site on your phone, open an app or simply travel with your phone in your pocket – you are creating data – but did you know that your GPS data is also being collected?

This microdata or better yet empirical data is extraordinarily valuable to an advertiser.  Empirical data can be used to help understand the habits not only for the individual consumer but a group of consumers.  This greatly increases the potential of an advertisement achieving its goal.

Target is a great example of retail brick and mortar business that is also reaching out digitally to its consumers. Target’s mobile app for smartphone Cartwheel allows consumers to choose or scan a product and save money based on your purchases.  Cartwheel is unique as its focus is to get you to turn on the app while you are in the store and use it during your shopping.  While utilizing this app data is being collected – your purchases, things you scan but don’t purchase – even the path you walk through the store.

GPS and Ad Tracking

GPS and Ad Tracking – I’m sure you’ve seen them driving around town, sometimes a scooter with an advertisement cart behind them, sometimes it’s a big truck or even a mini truck with a thin billboard behind the driver – they are mobile billboards. Don’t think mobile like your smart phone, think mobile like moving – in a nutshell it is a moving billboard.

Have you ever wondered if this technology/advertising makes sense for your business? It all comes down to the tracking and the exposure you receive versus the money spent and the return on investment. This style of advertising allows you to track your advertisement as it travels down the road. You can view current traffic conditions and active driving times. This data provides the advertiser with the ability to monitor and re-route the mobile billboard drive. The advantage here is the real-time tracking and being able to analyze the cost benefits of leads.