Article

Eren Kocyigit
Eren Kocyigit 12 January 2017

Spatial Data For Marketing

The ever-growing usage of mobile phones and the constantly rising screen time provides marketers with more and more data for decision making. Location is one of the key pillars on which marketers build their digital marketing and offline campaigns. Plotted on the map this data is often referred to as Spacial or Geospatial Data.

The ever-growing usage of mobile phones and the constantly rising screen time provides marketers with more and more data for decision making. Location is one of the key pillars on which marketers build their digital marketing and offline campaigns. Plotted on the map this data is often referred to as Spacial or Geospatial Data.

Spatial data can be described as information about a physical object that can be represented by numerical values in a geographic coordinate system. Spatial data is a component of many other kinds of data related such as Mapping Data, Mobile Device Location Data, Socially-Enabled Platform Data, and etc… This kind of data enables marketers to gain deeper insights with regards to the location of their customers, retail stores, daily business operations, customer interactions and financial transactions.

Increasingly a growing number of businesses is using Spatial data in building their competitive advantage and tailoring their marketing mix.

The following are some of the advantages of using Spatial Big Data;

A More Transparent and Enhanced Information Stream

In the industries that still maintain a large amount non-digitized records (i.e. the healthcare industry) spatial big data is especially important in filling some of the missing pieces for enhanced decision making while full set of business data is being digitized.

Enriched Market Segmentation

Mixing spatial data with traditional data enables marketers to take advantage of location intelligence tools which can be used to aid their segmentation efforts. In other words, without the usage of spatial data marketers can cluster their target audiences according to traditional data such as page views, email opens, etc… By using spatial data marketers can segment their customer base by adding a location dimension such as orders per location, email clicks per region, etc…

More Effective Marketing Campaigns

Using spatial data while constructing digital marketing campaigns drives effectiveness and efficiency in marketing programs. Tailoring the marketing mix to target customers using their location data will increase conversion rates of these offerings. For instance, when a potential sneaker buyer searched ‘running shoes’ on Google in Manhattan via mobile device, a sneaker brand that has a store in Manhattan can direct this potential buyer directly to the store by using the location extension in their adwords campaign. If this brand didn’t use location data of the searcher then it might direct him/her to their website instead which might result in a lost sales opportunity.

Improving Omni-Channel Customer Experience

The usage of spatial data in business operations will improve omni-channel experience in the following ways: ensuring service availability, reducing service time latency, customizing location based inventory, understanding nearby consumer habits for specific products and services and optimizing service experience at each location.

Here at Exastax we will build products that can help you uncover hidden insights in your spatial data. To find out more how Exastax can help your business in Spatial Data, fill in our short contact form.

Please login or register to add a comment.

Contribute Now!

Loving our articles? Do you have an insightful post that you want to shout about? Well, you've come to the right place! We are always looking for fresh Doughnuts to be a part of our community.

Popular Articles

See all
How to Review a Website — A Guide for Beginners

How to Review a Website — A Guide for Beginners

A company website is crucial for any business's digital marketing strategy. To keep up with the changing trends and customer buying behaviors, it's important to review and make necessary changes regularly...

Digital Doughnut Contributor
Digital Doughnut Contributor 25 March 2024
Read more
The Impact of New Technology on Marketing

The Impact of New Technology on Marketing

Technology has impacted every part of our lives. From household chores to business disciplines and etiquette, there's a gadget or app for it. Marketing has changed dramatically over the years, but what is the...

Alex Lysak
Alex Lysak 3 April 2024
Read more
The IoT-Connected Car of Today—Case Studies

The IoT-Connected Car of Today—Case Studies

Imagine a world where your car not only drives itself, but also says intelligent things. This would look like an impossibility about five years ago, but today the IoT is already breaking fresh ground for tech...

Ronald van Loon
Ronald van Loon 10 March 2017
Read more
10 Factors that Influence Customer Buying Behaviour Online

10 Factors that Influence Customer Buying Behaviour Online

Now is an era where customers take the center stags influencing business strategies across industries. No business can afford to overlook factors that could either break the customer experience or even pose a risk of...

Edward Roesch
Edward Roesch 4 June 2018
Read more
AI-driven Personalisation Dominates the Future of Travel and Hospitality Marketing

AI-driven Personalisation Dominates the Future of Travel and Hospitality Marketing

Travel and hospitality marketing is on the verge of dramatic transformation. Personalisation of marketing communications is moving from dream to necessity, and the change is putting marketers in the driving seat.

Michael Nutley
Michael Nutley 3 December 2024
Read more