News by Topic
- Search Marketing
- Email Marketing
- Loyalty Marketing
- Mobile Marketing
- Social Marketing
- Viral Marketing
- Trends & Ideas
- Internet Marketing 101
LocalResponse bets on HIT
A new retargeting tool out from LocalResponse looks at consumers' social history as a way to target ads and products. Called HIT - Historical Intent Targeting - the platform from LocalResponse is built upon a social premise: if a shopper mentioned a brand/product on social media they may still be interested in that product.
Here's how it works: a consumer makes a comment or updates a social status using a branded product. The brand can then 'reach' back in time, mine that data to target an ad based on that product or related products. For example, a shopper may have commented on Twitter that a new iPad was their favorite holiday gift in 2011; leading up to 2012, Apple might then reach out to that shopper about new Beats headphones.
"Our mission is to make ads truly contextual. By leveraging the history of a social media conversation, we now have enhanced ability to do this," said Nihal Mehta, CEO of LocalResponse. "Imagine a movie studio serving banner ads for a movie rental to those who talked positively about the same movie months prior. Or a retailer who wants to send a promotion to a consumer who checked into their location during the past year to get them back in. The opportunities are endless."
Data can be mined from Twitter, Foursquare, Instagram and others. Explicit and implicit intent posts, tweets or updates are two of the best ways to target ads. For example, a consumer who checked in to a local casual dining restaurant via Foursquare (explicit intent) or someone who mentioned plans to visit that restaurant (implicit intent) would likely be more engaged with that business than someone who vaguely referenced wanting a good hamburger.
- Nielsen: Generations bucking preconceived notions of behavior
- Study reveals shopping habits not influenced by Black Friday flash sales
- Study: Shoppers plan to spend more, save more this holiday
- How to respond to bad reviews
- Top tips for a better 2016 IT strategy
- Click-and-collect drives additional in-store sales
- Oxford Dictionaries announces 'word of the year' and it is not a word
- Last-minute shopping on the rise during holiday season
Featured White Papers
- Statistics for Online Experiments: How to Think and Act Like a Statistician
Statistics are the underpinning of how Optimizely's customers use data to make decisions. To run great experiments, investing in an...
- Lean Content Marketing
Content is king. If you're a modern marketer, you know why--it is the fuel for your lead generation and nurturing...