Our cooperative solution is the best possible example of how agencies and technology companies can collaborate to go beyond the mobile display mindset and drive true demand-side innovation - xAd CEO Dipanshu "D" Sharma
New York (PRWEB) October 29, 2013
Combining out-of-home and hyper-local mobile targeting, xAd today announced a first-of-its-kind converged media offering, co-developed with out-of-home (OOH) communications agency Posterscope. The cooperative solution leverages consumers’ real-world movement and in-market visitation patterns to determine the optimal time and place where brand communications are most likely to influence on- and offline consumer actions.
Harnessing the value of big data, xAd’s targeting technology (SmartFencing™) identifies users who have recently been exposed to Posterscope’s OOH placements and then re-targets them throughout their day with dynamic, behaviorally triggered ads in an effort to ensure the brand is easily accessible when it matters most.
“The cooperative media solution is a significant departure from traditional advertising and digital display models as it gives us the ability to identify prospects based on their real-world behaviors and intent rather than abstract audience and/or demographic profiles which are standard fare today,” said Ray Rotolo, Chief Operating Officer, Posterscope. “By understanding the needs and movements of these consumers - who already have the brand top of mind through interactions with OOH - mobile ads can be optimized and delivered at the precise right place and time – leading to meaningful connections between brands and consumers.”
Through xAd’s Store Visitation Lift (SVL) measurement product – actual in-store visitations post-OOH and mobile ad exposure will be tracked, providing Posterscope a way to effectively close the loop and provide a true measurement on campaign performance and ROI. This combination of OOH and location-based mobile advertising creates a powerful marketing tool for advertisers who can now turn targeted awareness into immediate actions and measurable results.
“xAd has developed a deep understanding of human behavior in the context of everyday life,” said Dipanshu “D” Sharma, CEO of xAd. “This, combined with Posterscope’s global scale and ability to leverage the dynamics of convergence, makes our cooperative solution the best possible example of how agencies and technology companies can collaborate to go beyond the mobile display mindset and drive true demand-side innovation.”
Founded in 2009, xAd is one of the largest mobile advertising platforms in the U.S. and the leader in delivering targeted mobile ads based on accurate user location and search context. Across its network, the company aggregates and manages billions of monthly ad impressions from which it derives the largest supply of location-based advertising inventory in the market. xAd delivers targeted mobile location@scale for over a million national and local advertisers, including brands like Pinkberry, Home Depot and Wells Fargo. xAd is based in New York City with several satellite offices across the U.S. and internationally. For more information, visit http://www.xAd.com.
Posterscope is the world’s leading out-of-home communications agency. It knows more about how consumers behave when they are out of home than anyone else. Posterscope understands the connection between OOH, mobile and digital, and pioneers trials to understand how consumers will use emerging technologies. Posterscope has 48 offices around the world, buying over $2.1bn of out-of-home advertising space each year. Posterscope group agencies include international agency PSI, and brand experience agency psLIVE.