If you operate a multi-location brand, programmatic advertising makes it much easier and cost-effective to operate hyperlocal campaigns. Advances in programmatic technology have given rise to the adoption of this form of advertising by multi-location marketers, but some are still in the dark about how to build the right strategy for their brand.
Looking for tips on how to run hyperlocal programmatic campaigns for your multi-location business? Here are three important tips that will help you target users accurately and improve conversion rates.
1. Know Your Target Audience
Any successful programmatic campaign depends on in-depth knowledge of your target audience. You need rock-solid data about who your customers are, what kinds of ads they respond to, and the touchpoints at which they’re most receptive to targeted ads.
There are a number of ways to build and/or acquire this data. Analytics from your website can give you significant data about consumer demographics, behavior, and preferences. Tracking technologies are another great way to build out detailed information about your customer base. Both of these methods will give you the ability to segment your audience into various micro-audiences — an important part of programmatic advertising.
The most effective programmatic campaigns are typically built on a mixture of first-hand data and data from third-party sources. Unfortunately, the quality of third-party programmatic data can be inconsistent at best. So, when purchasing third-party data, it’s often a good idea to lean on a digital marketing agency with deep experience in this field.
2. Leverage Hyperlocal Targeting & Customization
Hyperlocal programmatic marketing delivers extraordinary value to multi-location brands. The reason for this is simple: programmatic marketing succeeds through personalization, and a person’s location is a critical factor in his or her purchasing decisions.
Imagine you’re searching for restaurants that deliver to your workplace. As you browse online reviews, you see a pair of ads for two chains of Thai restaurants. One ad tells you the address of the nearest location, shows you reviews for that location, and includes how long it will take them to deliver to your address. Meanwhile, the other ad contains generic copy for the brand, with no information about their nearest restaurant.
Which ad are you more likely to click?
Countless case studies have shown that users are much more likely to click on the localized ad instead of the generic one. This underscores the importance of not only targeting customers on a hyperlocal level, but also of customizing your ads to reflect location data.
3. Personalize, Personalize, Personalize
While hyperlocal targeting is incredibly effective, brands sometimes make the mistake of focusing too heavily on geographic targeting. No matter how precisely you target customers on a geographic level, your ads will fall flat if users are not targeted along other vectors.
Personalization is the key to successful programmatic campaigns. The more accurately an ad reflects a specific user’s needs, the more relevant that ad will be to the user and the more likely that the user will click it. While a user’s location is one of their most important data points for certain types of purchases, there are a number of other data points that will be relevant to their purchasing decision.
Multi-location brands must be careful not to lose sight of this when they develop hyperlocal programmatic campaigns. While geo-targeting is a crucial element for multi-location programmatic campaigns, a successful campaign will use multiple targeting methods, drawing on several different types of user data.
Learn more about Qiigo’s Programmatic solution by clicking here.