Delivers Deep Audience Insights Through Location-Based Activity Patterns
InMobi, the world’s largest independent mobile advertising platform, and Factual, the preeminent location data company in mobile marketing, today announced a partnership to create a rich set of audience targeting solutions for brand advertisers. InMobi’s anonymous dataset of global mobile consumer activity will be combined with Factual’s location-based data to build geo-derived audience segments worldwide. This partnership enables marketers to globally leverage a richer set of geo-targeting features that incorporate geo-based consumer intelligence at a large scale.
Brands are often challenged by ‘ad spillage’, or dollars wasted when an advertisement reaches audiences outside their geo-spatial target segment. Providing advertisers with rich contextual data on consumers enables delivery of relevant ads with higher campaign efficacy, or lower ad spillage.
InMobi gathers anonymous user data from its 759 million monthly active unique users on its network. To enhance an advertiser’s targeting efficacy, InMobi builds on this understanding of users by partnering with multiple data-specialists across the ecosystem such as Factual.
The partnership between InMobi and Factual will help advertisers to understand how consumers move through the physical world by using aggregated anonymous user location data. Factual’s data on places covers over 65 million businesses and points of interest across 50 countries. It uses this understanding of geography to build location-based profiles that contain hundreds of non-private behavioral attributes describing a user. For example, brands can now run campaigns targeting a college student at a Starbucks coffee shop or a live sports fan at a stadium. In addition, InMobi will provide brands with geographically differentiated insights that will enable marketers to build targeted campaigns. For instance, brands will be able to market to a movie goer in New York differently as compared to a movie goer in London.
“Every market in the world is being transformed by mobile - the valuable signals generated by mobile devices enable marketers to deliver contextually relevant user experiences that were previously impossible,” said Bill Michels, SVP of Product & Partnerships at Factual. “Advertisers and developers everywhere are going to benefit from the combination of InMobi’s global reach and the scale of its mobile consumer data combined with our global location data and understanding.”
“As consumers spend more time on their mobile phones, our investments in building the infrastructure that gleans powerful data signals and insights from these interactions will provide increasing value to marketers,” said Anne Frisbie, Vice President & General Manager – Global Alliances, InMobi. “We are committed to enabling consumers and businesses to make smarter decisions. By partnering with Factual, we are able to improve our geo-targeting capabilities thereby offering more relevant and engaging mobile marketing. Of equal importance, we are able to offer targeted audience buying to brands not just in the US but around the world.”
Factual is a data company that helps make sense of what’s happening in the physical world, enabling developers, publishers, and advertisers to build more relevant and personalized mobile experiences using the context of location. Factual’s real-time data stack builds and maintains data on a global scale, with Factual's core Global Places data covering over 65 million local businesses and points of interest in 50 countries. Factual’s Geopulse products, built on top of its Global Places data, provide industry leading real-time location targeting and location-based audience capabilities. For more information, visit http://www.factual.com.
InMobi enables the world’s leading brands, developers, and publishers to engage global consumers through mobile advertising. InMobi platforms leverage advances in big data, user behavior, and cloud-based architectures to simplify mobile advertising for its customers. Recognized by MIT Technology Review as one of the 50 Disruptive Companies of 2013, InMobi is the world's largest independent mobile ad platform, engaging 759 million consumers across 165 countries. Visit www.inmobi.com, or follow us on Twitter @InMobi. Developers, start monetizing today by downloading our SDK at www.inmobi.com/SDK