Location may be the single most important aspect of mobile marketing and the MMA has the strongest program of initiatives to support this notion. This committee is promoting, examining and assessing all aspects of location in mobile marketing, and we will continue on this path throughout 2018.
A Master Class on Cost Per Visit from GroundTruth and the MMA
Cost Per Visit (CPV) is a new metric that marketers – particularly retailers – should pay attention to, as it is an innovative way to use location data that connects media directly to store visits.
That’s why the MMA, in partnership with GroundTruth, have produced a new Master Class paper, “Cost Per Visit: A Metric for the Future of Location Data,” which is downloadable at right.
The paper will show you how major retailers – including a home improvement chain and a QSR — are using CPV. You’ll also learn how this use of location data isn’t just about targeting customers in-store, but also about uncovering insights that can help drive your business. Location is showing its worth as a core dataset for many marketers. This Master Class paper helps explain why.
Location-Based Advertising Measurement Guidelines
The Location-Based Advertising Measurement Guidelines are now complete.
The Media Rating Council, at the behest of the MMA, and in collaboration with the IAB, has issued the final Location-Based Advertising Measurement Guidelines. These Guidelines are intended to establish and document good practices of measurement; improve practices and disclosures used by practitioners; and also provide education to users of location-based measurement data from all segments of the Industry. Specifically, these guidelines provide marketers with further clarity on what they should expect from their location data providers, how to align metrics to their marketing objectives and better leverage mobile’s unique ability to drive business impact. This document also establishes a recommendation and a benchmark for audit processes whereby the practices and disclosures of location-based measurement organizations can be voluntarily validated by third parties.
With new leadership, the MMA Location Committee is focused on educating the market to view and use location data (and signal) in more multi-faceted ways. We recognize that location is not just as an executional targeting layer, but also has application more broadly in the planning, strategy and creative areas of mobile.
It is clear that education and evangelism are critical. The first project will include preparing an expanded anthology of location use cases for location data and location intelligence. Both Co-Chairs welcome input from any and all MMA members, not just those on the Committee, so please feel free to reach out directly to Mandana ([email protected]) and Sara ([email protected]).
Location is fundamental to the value of mobile marketing and we encourage members in this part of the market to join the MMA and this dynamic program.