Clear Channel Outdoor Americas has improved its RADAR OOH (Out of Home) insights and analytics tool by
adding Cuebiq’s real-time mobile analytics and location data. The value?
Location, location, location. More technically, “location insights and footfall
attribution analysis based on aggregated and anonymized mobile location data,
to identify audiences exposed to CCOA’s printed and digital billboards,” per Andy
Stevens, Senior Vice President Research, Insights and Analytics, Clear Channel
Outdoor. Stevens has a deep background in Silicon Valley with stints at
ShareThis and AOL and now, at CCOA, he is tasked with developing strategies to
drive ROI growth for the company and its clients.
This exclusive interview with Stevens
provided details on this ground-breaking initiative:
Charlene
Weisler: Please give us an overview of Clear Channel Outdoor RADAR.
Andy Stevens: Here’s the elevator pitch:
Clear Channel Outdoor RADAR uses mobile location data to identify the audiences
that have been exposed to billboards. There is complexity in how we translate
anonymous aggregated location data that comes from various sources like mobile
ad exchanges or directly from apps, but fundamentally the goal is to understand
the viewing audience, which then allows us to offer better targeting for
advertisers because we know which billboards best reach your target customer.
It also allows us to deliver measureable results so we can show you what user
behaviors the campaign actually generated.
Charlene
Weisler: Is Clear Channel the sole partner of Cuebiq’s OOH data?
Andy Stevens: Yes. They work in other
sectors but we are their exclusive partner using data for Out of Home.
Charlene
Weisler: What is footfall attribution? How does it work and why is it
important?
Andy Stevens: It’s measuring the impact
that the campaign has on store visits; people physically going into stores.
It’s important because, despite the huge transformative growth of online
commerce, 85% of what is bought is still bought offline. That’s a stat from the
National
Retail Federation. So for marketers,
being able to measure the impact their campaign has on real world store visits
is incredibly important. It’s particularly transformative for businesses where
the location is the key signal of intent. Think about a gym; the measure is
that people go there. Same for a QSR; for the most part, people visit the
restaurant to buy something. We can measure that foot traffic and show if it
has been driven by exposure to an OOH ad.
Charlene
Weisler: What has been the benefit of adding Cuebiq?
Andy Stevens: When we rolled out Clear
Channel Outdoor RADAR early last year, we knew the location data landscape
would continue to grow. We designed CCO RADAR to be sure that we could continue
to evolve as new data sources became available and Cuebiq represents the next
generation of location data. They not only have large scale data – about 60
million devices – but the data is persistent. They continually measure location
data so they know where those devices are. That’s really important for OOH
because we need to be able to understand if someone definitely went past a
billboard to be able to measure the performance of the ad against them.
So let’s say you are driving from
Manhattan to Jersey City and you didn’t open an app on your phone. Traditional
location data sources relied on the ad calls from apps, so we wouldn’t have
known that that person made that journey if they didn’t open up an app when
they got there. With Cuebiq we now have a persistent anonymized data source at
much greater scale than we ever had before. And we now offer more martkets,
more detailed metrics - cutting the results by demographics, time of day, day
of week and we receivethe results more quickly. In the past we worked on a two
to three week turnaround. Now it is two to three days. And we have lower costs.
Charlene
Weisler: Can you give an example with an advertiser?
Andy Stevens: Let’s take that gym
example: 24 Hour Fitness campaign used location data in two different ways –
for planning purposes and for attribution. For planning, they had two target
audiences – current 24 Hour Fitness customers and competitive gym customers. We
used RADAR data to identify which locations best reached those targets and then
identifed the best billboard locations in LA and San Francisco for a highly
targeted campaign. The measure of success was whether we could drive more
visits to the gym for both target groups. After the 8 week period of the
campaign, we measured footfall attribution comparing those who were exposed to
the ad and those who were not. We saw a 248% lift in visits. That is really
impressive!
Charlene
Weisler: Will this help facilitate cross platform measurement and if so, how?
Andy Stevens: We absolutely have our eye
on that. Marketers need to better understand not just each channel in a silo
but how the entire marketing mix impacts performance. The Cuebiq data is a big
part of that because it gives us sufficient scale to be able to sync anonymous
mobile ad ids with third party data sets. That’s how digital advertising is
measured. We are putting OOH on the same playing field.
Charlene
Weisler: What are some areas that still need to be added to your system?
Andy Stevens: We’re contunally adding
more metrics and more behaviors into CCO RADAR. But we don’t identify people as
specific individuals. We use the
anonymous mobile ad id which brings us into the digital data ecosystem. This is
how digital advertising has been so successful because it uses anonymous ids. The
first behaviors we looked at with CCO RADAR were offline behaviors. Going
beyond footfall, we can now measure tune-in or understand what apps they may
use by interfacing with third party data sets to enhance our targeting
capabilites.
Charlene
Weisler: How many markets do you reach?
Andy Stevens: We’re in 43 of the 50
largest markets in the United States and 140 airports, and that includes street
furniture and roadside inventory. But we can’t measure moving ads, such as on a
bus, because they change location.
Charlene
Weisler: Where do you see OOH
measurement three years from now?
Andy Stevens: We know we have great OOH
locations and we know we can provide excellent targeting with the largest
creative formats, it’s unskippable – all of the inherenet benefits of out of
home.What has held us back in the past is that people couldn’t measure outcomes
and lacked the sophisticated analytics and behavioral intelligence to establish
where to buy. Today we can connect all of the technologies that are being used
to measure advertising performance across the board. The more we can do that in
the future the closer OOH will be to the level of digital adverising. And we
already have a programmatic component for our digital
inventory. We will continue to do that to make advertising easier and easier to
buy.
This article first appeared in www.MediaVillage.com
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