Mediaboss Marketing

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Geofencing also called location-based marketing is a type of mobile ad targeting that involves a two-step process as follows:

Geofencing goes beyond standard geographic targeting by homing in on very specific locations down to streets or even buildings like malls or restaurants and serving ads to consumers who enter those fenced in areas.

The ads themselves only show when someone crosses the virtual fence. They manifest in a variety of ways, including alerts on smartphones or internet-enabled devices, ads on digital billboards, and app notifications.

Keep in mind that geofencing relies on app notifications and GPS information, both criteria that consumers must opt into before they can receive the ads.

Acreativeexample of a successful geofencing campaign was Burger KingsWhopper Detour, a campaign that resulted in millions of downloads of the Burger King app and over a half a million coupon redemptions from the promo.

In a move that can be construed as either brilliant or evil (or a bit of both), Burger King targeted consumers who were either inside a McDonalds restaurant or within 600 feet of one.

Read: [Why your startup should market content, instead of your product]

When a consumer entered one of the geofencing locations, the Burger King app pushed a coupon notification that enabled the user to get a Whopper at Burger King for just a penny.

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Why location-based marketing outperforms industry averages - The Next Web