Recap of eMarketer’s Location Intelligence 2018 Report
Today eMarketer launched a new report titled Location Intelligence 2018: Consumer Behavior, Data Quality and Targeting Tips that we were thrilled to contribute to.
The report analyzes consumer attitudes toward location data, its quality and how marketers can effectively integrate that information into their marketing campaigns.
Some top take always include:
- Consumers have become comfortable sharing location data, but they are also more choosey about when they share data. Consumers have also become more confident in demanding value in exchange for opting into location tracking, prompting many marketers to better explain how that data will be used.
- Compared with two years ago, marketers better understand the magnitude of the data-quality problem but need to work to distinguish the difference between “inaccuracy” and “imprecision.” The former is wrong data, but the latter can be used under some circumstances.
- As marketers become more savvy about the sources and quality of data, their location targeting will become better. Seven ways to tame location data include:
-Investigate the data quality
-Use location data only when it adds relevance to the message
-Know what you want to achieve with the data
-Use polygons for geofencing and trade areas
-Think about the best moment to send a message
-Think about movement
-Look beyond the current context
Check out the report here to dive into the details.