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		<title>Best Practices for Utilizing Conversion Metrics &#8211; Simpli.fi TV Interviews Armando Yanez</title>
		<link>https://primarylens.com/best-practices-for-utilizing-conversion-metrics-simpli-fi-tv-interviews-armando-yanez/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=best-practices-for-utilizing-conversion-metrics-simpli-fi-tv-interviews-armando-yanez</link>
		
		<dc:creator><![CDATA[PrimaryLens]]></dc:creator>
		<pubDate>Tue, 27 Jun 2023 15:37:00 +0000</pubDate>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Building Brands]]></category>
		<category><![CDATA[Geo Location Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Online Advertising]]></category>
		<category><![CDATA[Planning]]></category>
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		<category><![CDATA[Online Retargeting]]></category>
		<guid isPermaLink="false">https://primarylens.com/?p=18666</guid>

					<description><![CDATA[Video Transcript David McBee: Hello and welcome to Simpli.fi TV. I am David McBee. Our guest today is Armando Yanez, President of Primary Lens. Armando&#8217;s professional journey spans over a decade during which he has excelled in data analysis and marketing roles. His current initiative, Primary Lens, specializes in a data first approach to omnichannel [&#8230;]]]></description>
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					<h2 class="elementor-heading-title elementor-size-default">Video Transcript</h2>				</div>
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									<p><strong>David McBee:</strong> Hello and welcome to Simpli.fi TV. I am David McBee. Our guest today is Armando Yanez, President of Primary Lens. Armando&#8217;s professional journey spans over a decade during which he has excelled in data analysis and marketing roles. His current initiative, Primary Lens, specializes in a data first approach to omnichannel marketing. This data-driven marketing model eliminates the need for canned audiences across multiple platforms. Armando and his team leverage data-driven insights to make informed decisions, personalized messaging, optimize campaigns, and deliver exceptional customer experiences across multiple channels, delivering the micro moments needed to drive conversions. Armando, thank you for joining me. <br /><span style="color: var( --e-global-color-secondary ); letter-spacing: 0px;"><br /><strong>Armando Yanez:</strong> Thank you for having me, David.</span></p><p><strong>David McBee:</strong> All this talk about data, I just know this is going to be a good one. You&#8217;re obviously a data guy, so I&#8217;ll just jump right into my first question. Why is data so important and how do you use it to help your clients? <br /><br /><strong>Armando Yanez:</strong> No, it&#8217;s actually a great question. Part of the reason that we work with a data-first approach is really just because there are two primary components to any successful campaign. And a lot of what we always focus on as marketers and as advertisers is we focus on the messaging, we focus on the creative, which is incredibly important. But the best messaging and proper creative, if it&#8217;s not being delivered to the correct audience, will literally fall flat. It simply won&#8217;t generate the convergence that the advertisers are looking for and need. And so, we&#8217;ve really started with a data-first approach just because in an omnichannel world, a lot of times if you&#8217;re not beginning with your own data set, you can end up with siloed data from each one of these different providers, and you&#8217;re relying on where the overlap might be between your DSP, and between YouTube, or between Google, or any of the other channels that you&#8217;re using. When you start with your own data set, you&#8217;ve got the ability to truly influence that frequency number that we all are targeting when we&#8217;re running a campaign to make sure that we can create those conversions for the client. <br /><br /><strong>David McBee:</strong> Do you have an example of a client that you&#8217;ve worked with that used data in this way, in that omnichannel campaign? <br /><br /><strong>Armando Yanez:</strong> Absolutely, and I can give you two very, very quickly. The first one is actually a personal injury attorney group that we work with that obviously wanted digital out-of-home. And digital out-of-home for PI attorneys is primarily looking for prime real estate on the most dangerous intersections and portions of roads inside of their area. But when you&#8217;re dealing with digital out-of-home, you&#8217;re probably going to be one out of six flips on that digital screen, which means that the other five times, you don&#8217;t have that person&#8217;s attention. Using our smart boundary technology, we&#8217;re actually able to gather the devices that are going by that screen so that regardless of whether your flip was the one that was up while that person was driving by, we can now re-target them online as a result of their offline targeting, based on where they were and how they were spending your time. To the clients that have already seen your message, it looks like a million dollar campaign because you&#8217;re literally reaching them a second time, you&#8217;re increasing your frequency. And for the folks that didn&#8217;t see your original messaging, those folks are now being exposed to your messaging because they were part of your original target audience. I guess the second one would be a brick and mortar store that we work with that has four physical locations as well as an e-commerce store. And for them, they&#8217;re very similar to a bass pro shop type store, where they&#8217;re an outdoors and apparel and they&#8217;ve got some items not fall into a prohibited category. But we were actually able to find people that are visiting their competitors inside of the local market that they may not have had a large enough voice for. And because we started with those folks, we weren&#8217;t looking for people that were just generic outdoor enthusiasts, interested in camping or hiking, et cetera, across multiple platforms. Rather, we started with that data set that we know lives within a certain radius of their store and we&#8217;re able to take that same set of data the whole way across. The end result for that client was literally a five to one return on ad spend in a given month. And a lot of the stuff that they actually sell internally within those stores are memberships. When you sell an annual membership, even inside of analytics, when it does the e-commerce conversion, it does it for that first transaction. But when you dig a little bit deeper and you actually analyze the transactions that were completed, you&#8217;re able to see that it&#8217;s a much higher ROAS with those types of products. If you&#8217;ve got a client that has a lifetime value for a customer, it&#8217;s that much more important to make sure that you are able to influence those conversions. <br /><br /><strong>David McBee:</strong> just for clarity. On the first one, you&#8217;re basically using geofencing technology around the outdoor billboards, right? <br /><br /><strong>Armando Yanez:</strong> Yeah, it&#8217;s similar to geofencing. It&#8217;s actually geo framing. We process a little over 3 billion records of raw movement data daily. And we do that based on the locations that we are monitoring for our clients. And sometimes just to monitor a competitor, sometimes just to monitor an affinity location. We started working with digital out-of-home, we actually built the boundaries around the billboards in the direction that the actual traffic was flowing, so that we could actually identify the folks that would be exposed to that board while driving down that street. And rather than focusing on just the flip when their ad was on, we know that everybody going down that road is our target. We take the entirety of that list and then we port it back over to social platforms, we put it back over to DSP platforms, and we&#8217;re able to go through and reinforce that messaging across social and display. <br /><br /><strong>David McBee:</strong> I love that. That&#8217;s brilliant. And on the second one, the competitors, I love how you talked about lifetime value for the ROAS calculation. I think a lot of advertisers and media companies focus so solely on that first purchase that they don&#8217;t really consider. And you get somebody into your store, you reel them in, you get to keep them for a long time, hopefully. <br /><br /><strong>Armando Yanez:</strong> And there&#8217;s certain categories that&#8217;s much more relevant for than others, to be perfectly honest. This particular client, because they are an outdoor fashion boutique that also happens to have firearms and ammunition and ranges and safety classes and things of that nature, that&#8217;s a very personal connection. It&#8217;s a little bit different from other verticals where it may be a restaurant. We work with a lot of QSRs. And for QSRs, we use that geo framing technology as well, because their primary model for site selections is to find anybody that lives within five miles of the location. But most of the times, some of these locations are in commercial type areas. If you limit yourself to people that live within five miles, you&#8217;re missing the commuters that are coming into the office. You&#8217;re missing the people that may be coming over to a softball field and you sell ice cream, or to a football field, which gives you that Saturday crowd. And the opportunity there is really just to make sure that you&#8217;re not just talking to the people that are immediately around your business based on the site selection for something like a QSR, but that you&#8217;re also getting the people that are in that area that could be coming in for lunch, because everybody that&#8217;s ever worked in an office knows that at some point, you guys have four or five restaurants that are in the rotation and that&#8217;s where you go. Building up that habit by introducing the customer to the brand, giving them a positive customer experience and making them a repeat customer is really the only way to succeed today, because the reality is that any vertical that you&#8217;re in, the only thing that you cannot do is outsell attrition. <br /><br /><strong>David McBee:</strong> I love how much focus you&#8217;re giving to this idea of conversions. What are some of your best practices related to digital conversion metrics? <br /><br /><strong>Armando Yanez:</strong> The one piece that I think all of us struggle with is that everyone&#8217;s attribution model&#8217;s a little bit different. And right now, most of the standard for any sort of an online conversion tends to be sitting inside of analytics for any of the e-commerce customers. But if you go back over to social, social has a very different set of metrics that they go through and they use. And so, one of the things that we always educate our clients with is that every conversion model, every attribution model is going to look a little bit different. But the reality is that it&#8217;s going to be reflected in your store sales. Because if it&#8217;s not reflected in your store sales, there&#8217;s no report on the planet that we could ever produce that is somehow going to convince you that what we&#8217;re doing is moving the needle. And so, when we set up and engage with a client, we also go through and monitor their location so that we can show them foot traffic patterns over time and show them how their foot traffic compares to other competitors inside of the local market because there&#8217;s certain indicators that will impact the performance of sales that are outside of our control, whether it&#8217;s weather, whether it&#8217;s a special event that&#8217;s going on, et cetera. Really being able to give that customer a holistic view that provides them with the conversion and the attribution metrics that come back out of meta, the attribution metrics that come directly back out of analytics, and then being able to take a look at what their overall foot traffic in their stores looks like is really critical to give them a complete picture of what it is that&#8217;s going on inside of their business as well as inside of their local market. <br /><br /><strong>David McBee:</strong> Well, you seem to have a theme. Using data to create these wonderful campaigns using data to measure the impact of the campaigns. It sounds like you&#8217;re doing a lot of great work. I have one more question for you before I let you go. Do you have a mentor or a favorite podcast or a book that you feel has influenced your success? <br /><br /><strong>Armando Yanez:</strong> One name pops into my head almost immediately. It&#8217;s a gentleman named Thomas Manning. And I spent a lot of time with data, specifically with products that would promote. I was in a single channel in terms of promoting across a single location or a single channel, and I was part of the blend. And I met Thomas Manning when I worked at the very first advertising agency that I worked at, and he took me under his wing and introduced me to omnichannel, introduced me to finding the proper blend of media for clients in different vertical spaces. And he&#8217;s an absolute master of the CNA, which I&#8217;ve adopted moving forward since my time to work with him. I think Thomas and I stopped working together inside of the same building at this point probably close to five years ago. But the reality is that we still keep in touch and he&#8217;s actually one of our clients today. <br /><br /><strong>David McBee:</strong> That&#8217;s great. I&#8217;m sure he&#8217;ll appreciate that shout-out. All right. Well, thank you so much for being on the show with us today, Armando. <br /><br /><strong>Armando Yanez:</strong> Thank you for having me, David. You have a wonderful day. <br /><br /><strong>David McBee:</strong> And thank you guys for watching. Simpli.fi TV is sponsored by Simpli.fi, helping you to maximize relevance and multiply results with our industry leading media buying and workflow solutions. For more information, visit Simpli.fi. Thanks for joining us today. I&#8217;m David McBee. Be awesome, and we&#8217;ll see you next time.</p>								</div>
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		<title>Geo Location Marketing</title>
		<link>https://primarylens.com/geo-location-marketing/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=geo-location-marketing</link>
		
		<dc:creator><![CDATA[PrimaryLens]]></dc:creator>
		<pubDate>Thu, 14 Jan 2021 15:27:21 +0000</pubDate>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Building Brands]]></category>
		<category><![CDATA[Geo Location Marketing]]></category>
		<category><![CDATA[Online Advertising]]></category>
		<category><![CDATA[Advertising Agency]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Online Retargeting]]></category>
		<category><![CDATA[Technology]]></category>
		<guid isPermaLink="false">https://primarylens.com/?p=1044</guid>

					<description><![CDATA[Geo Location Marketing Getting Your Target Customers Through the Door We live in an age where information is king, and marketing data is one of your most powerful tools to increase conversion rates and ROI. Over the years, the available data for marketing campaigns has grown exponentially. In virtually every media channel, we have the ability [&#8230;]]]></description>
										<content:encoded><![CDATA[<h1 style="text-align: center;"><span style="color: #000000;"><strong>Geo Location Marketing<br />
Getting Your Target Customers Through the Door</strong></span></h1>
<p>We live in an age where information is king, and marketing data is one of your most powerful tools to increase conversion rates and ROI. Over the years, the available data for marketing campaigns has grown exponentially. In virtually every media channel, we have the ability to target prospects with a dizzying myriad of selection criteria. We can now focus in on prospects like never before to make certain that we are reaching our targeted prospects across multiple channels. One of the more recent additions to the marketing dataset is geolocation data.</p>
<p>Geolocation uses the GPS built in to mobile devices, to accurately determine where the device, and the user of the device, are located. This data is accessed through various “apps” that the user has installed, and grants permission to use their location data. This data is made available to data scientists and marketers to provide actionable insights for brands and companies alike helping them better understand the prospect’s complete path to purchase.</p>
<p>Geo location marketing, also known as location based marketing has been around for over a decade and has proven to be an effective component of any marketing plan. Geo Location Marketing is designed to reach out to the <em>“right audience”</em> at the <em>“right time”</em> with the “<em>right offers”</em>.  The newest form of Geo Location Marketing is known as Geo Conquesting. Geo Conquesting specifically targets consumers visiting your competitors in an attempt to lure them away. The ideas is – the prospect is visiting a competitor to purchase a product or service that you have. By promoting your product to the consumer, you are not only increasing brand awareness, but also compelling a purchase.</p>
<p>A marketing partner can help you develop strong geo marketing strategies with objective information about campaign success. These analytics help you to become better equipped to penetrate your local market.</p>
<h2><strong>Geo-Fencing</strong></h2>
<p>A geofence is a way to engage consumers with offers while they are in a particular area. This type of geo location marketing is one of the first strategies to emerge and is common in most mobile marketing campaigns. The geofences are setup around points of interest and “push” notifications and ads to the prospect’s device while they are in the area.</p>
<p>For example, a store could create a simple geofence in an area surrounding its physical location. When users pass through, receiving a location-triggered alert or deal makes them considerably more likely to stop in and shop. This type of marketing relies on the prospect’s engagement while they are in the area.</p>
<p>The greatest limitation of geofence campaigns is that they can only attempt to convert while the user is in that area.</p>
<h3><strong>Using Smart Boundaries</strong></h3>
<p>Creating smart boundaries around Points Of Interest allows you to market to consumers frequenting those locations after they have left the location. They can also be used to identify patterns over time, so brands can send out marketing materials with the greatest likelihood of conversion.</p>
<p>These smart boundaries create a structure around the movement data to develop the most effective targeting by monitoring Points Of Interest and keeping visit counts. The smart boundaries focus your marketing efforts to a very precise audience based on their behavior allowing you to go beyond mere city or zip code data to target nearby households and instead focus campaigns on the prospect’s behavior.</p>
<h3><strong>Prospect Boundaries</strong></h3>
<p>Creating a smart boundary around your competitor’s location allows you to target potential prospects that are currently in the buying cycle. These boundaries can also be created around locations that your customers would frequent to build a branding or awareness campaign and begin to target farther up the sales funnel. For example, if you were a new car dealer, you could not only create prospect boundaries around your competitors, but also include a separate campaign that monitored service centers near your location to promote your service and parts department.</p>
<h3><strong>Conversion Boundaries</strong></h3>
<p>Creating a smart boundary around your location(s) provides insight on the performance of your overall marketing efforts and can serve as a suppression audience to conserve marketing dollars. The conversion boundary also creates a new segment in your audience to present a new offer to people who have recently visited your location and make them aware of upcoming events and even loyalty programs to keep them coming back.</p>
<h2><strong>Implementing Multi Channel Geo Location Marketing</strong></h2>
<p>Knowing the precise location and habits of your prospects is powerful information. You can use this data in order to create effective marketing campaigns that have substantial impact. Using multiple channels, from social media to search engines and display networks, you can reach these pre-defined audiences with a reach and frequency that optimizes spend and increases conversions.</p>
<p>Multi-channel marketing includes online and offline campaigns that include the timely display of ads and posts for your customers already checking their social news feeds, listening to radio, and browsing the Internet. This is in addition to direct mail and email campaigns keeps you in front of your targeted audience to create a “recall” effect that increases organic customer acquisition by staying in front of our targeted audience.</p>
<h2><strong>Evolution of Marketing</strong></h2>
<p>In the past several years, big data has made a huge impact on the marketing landscape. Marketers are now able to speak directly to customers more effectively than ever before. They have been able to gain extraordinary insight into their interests, habits and shopping behavior from their online activities.</p>
<p>Geo location marketing is the latest evolution of this phenomenon. It uses information already accessible through each user&#8217;s mobile device and creates an added dimension to existing marketing data. For brick-and-mortar retailers, it&#8217;s an innovative way to get shoppers back in stores and ready to buy.</p>
<p>Now, with partners in the geo location marketing space, this technology is available for use by everyday retailers. In conjunction with established &#8212; and essential &#8212; online marketing techniques like local search and SEO, and SEM, this is an emerging and powerful way to drive your next marketing push.</p>
<h2><strong>For Your Geo Location Marketing</strong></h2>
<p>For retailers, marketers, and agencies unaccustomed to the use of this type of prospect data, this latest marketing tool may seem out of reach, but you do not have to develop these campaigns on your own. Partners such as <a href="http://mailto:http//primarylens.com" target="_blank" rel="noopener nofollow noreferrer">PrimaryLens</a> can help you make sense of the emerging opportunities that geolocation marketing offers.</p>
<p>Data partners like PrimaryLens not only deliver marketing campaigns, but a monthly overview of past initiatives, and you get to keep the data you have commissioned, in order to see what worked and what didn&#8217;t. In order to assess your campaign success, you can review this information and revise it as necessary going forward.</p>
<p>PrimaryLens offers essential, powerful tools for modern business. In order to get a feel for how the system works, get in touch with us. We&#8217;ll <a href="https://calendly.com/ary-1/15min" target="_blank" rel="noopener nofollow noreferrer">schedule a call</a> for you to discuss how to leverage the power of geolocation marketing as a component of your next marketing campaign.</p>
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