By Tim Maytom
Advertising and marketing solutions firm Rocket Fuel has released Local Lift, a new offering for US advertisers that enables them to run mobile campaigns aimed at driving incremental in-store traffic.
As part of the launch, Rocket Fuel partnered with in-store attribution company Placed to enable advertisers to measure the direct impact their mobile ad spend had in the real world. According to Placed, the geotargeted campaigns averaged a life rate of 41.34 per cent, with an average cost per store visit of $0.57 (£0.37).
“We engaged Rocket Fuel to increase foot traffic and the purchase frequency of Dr Pepper at more than 1,000 grocery store locations,” said Sheila Bonner, vice president of shopper marketing at Dr Pepper Snapple Group. “Rocket Fuel succeeded in driving 213,000 store visits at a cost of only $0.21 per visit.
“As a part of the broader promotional effort, we introduced 25,000 new households to Dr Pepper products. This was our first foray into using Local Lift as an in-store purchase-intent driver, and Rocket Fuel went well beyond our expectations and those of our retail partner.”
Local Lift uses Rocket Fuel’s scale of more than one trillion monthly global mobile opportunities, 593bn of which are within …read more
Source:: Mobile App News