Sense Networks Debuts Location-Based Ad Tools
Tapping into location-based information to serve targeted messages to people on the go has long been touted as one of the unique benefits of mobile advertising. But sending the right ad
to the right person at the right place and time has proven challenging.
Sense Networks has introduced a pair of new ad services to help marketers and publishers hone in on their mobile audiences through its platform analyzing real-time location data from phones, GPS devices and Wi-Fi.
Using machine-learning algorithms, it indexes all that location information -- combined with research on consumer behavior -- to predict mobile users’ activities.
AdMatch, one of the new ad tools from Sense Networks, uses the company’s predicted location and behavioral targeting to serve mobile display ads matching consumers with the most relevant offers from local merchants.
The other, called AudienceSense, enables publishers to monetize their audiences by creating behavior segments based on their own mobile location data. It includes more than 100 pre-built audience segments, but can be used to develop custom categories to suit a publisher’s specific goals.
Based on testing, Sense Networks says AdMatch is delivering twice the performance of campaigns targeting via geo-fencing, where someone receives a marketing message or offer on their phone when they come within proximity to a particular store. The solution does this “by selecting the best ads in real time through evaluation of behavioral attributes, current location context (what’s nearby), click history and ad characteristics,” it says.
On the privacy front, Sense Networks points out all user data is anonymous and never matched to outside data sources that would require knowing someone’s name, address, phone number or email. The company says location information is abstracted into consumer segments, with the raw data being discarded after processing.
AdMatch and AudienceSense are the first ad products from Sense Networks, which has created apps built on its algorithms that highlight city hot spots, based on mobile location data, or pinpoints the best nearby corner to catch a cab in New York. The company has also undertaken market research for clients involving location data.
For one major pharmaceutical client, Sense Networks analyzed motion patterns for consumers in certain U.S. ZIP codes to determine where and when to deploy field resources. The company did not name any businesses or brands using its new ad tools.
Sense Networks raised about $9 million in venture funding from investors including Intel Capital.
Recent Online Media Daily Articles
-
Vice, Twitter Partner For Mobile Show May 23, 2:14 p.m.
Simultaneously expanding its video and social strategy, Vice on Thursday unveiled #dailyvice -- a daily show ... -
MediaVest Database Charts Brand Experience, Social Media Impact May 23, 12:11 p.m.
After a year-long research effort, Publicis Groupe’s MediaVest has created a massive database designed to help ... -
Discovery Launches TestTube.com, Ups Digital Video Involvement May 23, 11:27 a.m.
Discovery Communications is looking to get into the digital video platforms in a big way -- ... -
Network Advertising Initiative Proposes New Mobile Privacy Rules May 22, 9:03 p.m.
Moving forward with its plan to issue mobile privacy rules, the self-regulatory group Network Advertising Initiative ... -
Entertainment, Travel Bet On Mobile Banners May 22, 4:16 p.m.
Banner ads have long been the whipping boy of online advertising, and the same is now ... -
Marketers Should Tailor Specific Pitches To Tablet, Smartphone May 22, 2:51 p.m.
Don’t lump tablets in with mobile. That’s the takeaway of a new Forrester study looking at ... -
Good TV Content Trumps All, Trad TV Or Streaming May 22, 2:42 p.m.
While consumers continue to perceive TV programming as superior in quality to that of online fare, ... -
Google Releases Self-Serve Display Benchmark Tool May 22, 2:02 p.m.
Understanding how a brand's online campaign competes with competitors requires trending benchmark data like engagement rates ... -
Twitter Brings Lead Generation To Tweets May 22, 1:14 p.m.
Twitter began testing a lead generation tool Wednesday in its tweet stream that resembles a cross ... -
DigitasLBi, Razorfish Tap Execs For Global Ops May 22, 11:26 a.m.
Publicis Groupe digital agencies DigitasLBi and Razorfish have installed new executives to run their respective international ...


Be the first to comment on "Sense Networks Debuts Location-Based Ad Tools"
Leave a Comment