Major brands are shifting significant marketing resources to proximity marketing, according to new survey of big UK brands.
The study, commissioned by Airspace, found that almost all of its respondents (99%) are already investing in proximity marketing – marking a signalled shift towards the explosion of beacon-led consumer interactions in 2015 and beyond.
The survey further noted that 79% of major brands are planning to implement proximity marketing campaigns within the next six months.
Proximity marketing could allow brands to up-sell, cross-promote, incentivise, engage, educate, entertain and, increasingly, handle the sale itself.
The survey revealed that 80% of respondents say this ability to gather more accurate data to better understand their customers is an important side effect of the utilising proximity marketing.
Airspace CEO, Ian Malone, comments, “This research neatly matches our own conversations with high street retailers and other high footfall locations, who feel they need to act now.
“Brands that utilise proximity marketing to deliver relevant, contextual messages will see an upturn in conversion rates and arguably more loyal customers. Even the brands that use the technology simply to understand their customers better will gain a competitive advantage over those without access to the rich data and insights delivered by proximity networks.”
Great post Huw. Today’s consumers consider being connected as a crucial utility and have learned to expect almost all facets of their shopping experience be accessible to them through their personal mobile devices.Therefore it comes as no surprise that proximity marketing is all set to take hold in 2015. In fact this all the more drives in the fact that the decision made by brands to adopt beacons in the holiday season of 2014 was definitely in the right direction. In fact, proximity marketing is one of the best ways to cater to contextual information needs of your consumers. However, many brands still aren’t sure about where to begin or the kind of campaigns they can implement with beacons and many of them turn to beacon ad networks to kickstart their beacon strategy. This is done mainly because it removes the need to convince consumers to download the brand’s app. But one thing that they tend to miss out on here is that, when it comes to beacon ad networks, the ownership of content and experience lies in the hands of the network and not the brand. This way the brand loses out on the chance to personalize content, to learn from their consumers’ behavior and use such insights to strengthen their sales. We’ve discussed why marketers should say no to beacon networks to make the most of beacons here: http://blog.mobstac.com/2014/12/are-beacon-networks-the-best-way-to-kickstart-your-beacon-strategy/