Location-based mobile marketing (LBMM) is a marketing strategy that utilizes the location of a mobile device to deliver targeted and relevant content to the user. It allows businesses to connect with potential customers in their local area and deliver personalized messages, offers, and promotions.
With the increasing use of mobile devices and the rise of location-based technologies, such as GPS and beacon technology, LBMM has become an effective tool for businesses to reach their target audience. According to a report by eMarketer, location-based advertising spending is expected to reach $38.7 billion in 2022, up from $16.1 billion in 2017.
The Benefits of Location-Based Mobile MarketingLBMM provides several benefits for businesses looking to reach their target audience:
Increased Relevance: Location-based marketing allows businesses to deliver personalized and relevant content to users based on their location. This helps increase engagement and conversions by providing users with content that is tailored to their specific needs and interests.
Improved Targeting: By using location data, businesses can target users based on their geographic location, demographics, and behavior. This helps improve the effectiveness of marketing campaigns by delivering content to users who are most likely to be interested in the product or service being offered.
Higher ROI: Location-based marketing can help businesses increase their ROI by delivering targeted content to users who are most likely to convert. This helps reduce marketing costs and improves the effectiveness of marketing campaigns.
Improved Customer Experience: LBMM can help improve the customer experience by delivering relevant and personalized content to users. This helps increase customer satisfaction and loyalty, leading to repeat business and positive reviews.
Examples of Location-Based Mobile MarketingGeofencing: Geofencing is a location-based marketing strategy that uses GPS or RFID technology to create a virtual boundary around a specific location. When a user enters or exits the geofenced area, they receive a push notification or message on their mobile device. This can be used to deliver targeted promotions or messages to users who are in the vicinity of a business.
Beacon Technology: Beacons are small, battery-powered devices that transmit Bluetooth signals to nearby mobile devices. When a user enters the range of a beacon, they receive a push notification or message on their mobile device. This can be used to deliver targeted promotions or messages to users who are in the vicinity of a beacon.
Location-Based Ads: Location-based ads are ads that are targeted to users based on their geographic location. These ads can be displayed on mobile devices when a user is in the vicinity of a business or location.
Location-Based Offers: Location-based offers are promotions or discounts that are delivered to users based on their geographic location. These offers can be delivered via push notifications or messages on mobile devices.
ConclusionLocation-based mobile marketing is a powerful tool for businesses looking to reach their target audience. By utilizing the location of mobile devices, businesses can deliver personalized and relevant content to users, increasing engagement and conversions. With the increasing use of location-based technologies and the rise of mobile devices, LBMM is becoming an essential part of any effective mobile marketing strategy.
References
eMarketer. (2018, February 26). US Location-Based Ad Spending to Double in 5 Years. Retrieved from
https://www.emarketer.com/content/us-location-based-ad-spending-to-double-in-5-yearsHubSpot. (n.d.). What is Geofencing? How Does It Work? Retrieved from
https://www.hubspot.com/marketing-statisticsForbes. (2018, March 27). Beacon Technology and Its Impact on Retail. Retrieved from
https://www.forbes.com/sites/forbestechcouncil/2018/03/
