"Location, location, location," long the mantra of real estate, is becoming a key factor in mobile marketing, according to a new report, "How Location Data Is Transforming the Entire Mobile Industry," by BI Intelligence. (The complete report is available free if you sign on for a 2-week free trial.)
The report includes statistics on the location-based services marketplace "that indicate its supremacy in mobile marketing," writes Marcelo Ballve, editorial director of BI Intelligence, a subscription research service from Business Insider that provides research, reports, and data about the mobile industry.
Noting that Facebook, Google, Yelp, Instagram, Groupon, Twitter, and dozens of popular apps offer location-enabled features, Ballve, who authored the report, writes:
"Those mobile properties, and many others, have moved way past the 'check-in' concept, which in any case never really caught on with users. They may still offer the ability to check in, but are also trying to be more imaginative with location-based notifications and location-aware services. This is also known as the SoLoMo, or social-local-mobile nexus."
For marketers, the report looks into the basics of a successful location-based mobile strategy. It also includes interviews with location-based industry experts and explains how the most important techniques (geo-aware, geo-fenced, DMA-focused, and audience-based local-mobile campaigns) work.
"Location data is being used to power location-sensitive features in the background of more and more apps - across the social media landscape," Ballve notes. One example:
Some apps (e.g., FourSquare and Path) offer ambient tracking of a smartphone so that users can share their location with friends in real time and receive push notifications that guide them to nearby events, deals, or gatherings.
Other items contained in the report:
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