Verve built an affluent consumer segment and also geo-fenced the new store in order to deliver the ad to consumers who would be most interested.
A niche luxury retailer recently opened a new store and wanted to build awareness around its products and drive traffic towards its newest location.
Verve™ met the objective through a two-pronged approach, developing a custom audience segment and engaging consumers with a meaningful mobile ad. Keeping the retailer’s target audience in mind to encourage foot traffic, Verve built an affluent consumer segment and also geo-fenced the new store in order to deliver the ad to consumers who would be most interested in the product and in close proximity to the store. The creative showcased the retailer’s product and a map displaying the nearest store, with the ability to see turn-by-turn directions with just a tap.
NEARLY 0.7% CLICK-THROUGH RATE AND NEARLY 14 SECS SPENT IN-AD
Campaign metrics revealed that consumers reached in the custom affluent-consumer audience were most likely to engage with the ad, indicating that the campaign was successful in reaching the luxury retailer’s target audience and driving them to action.
POST-CLICK ENGAGEMENT RATE WITH LANDING PAGE ABOVE 7.0%
Consumer’s interest in both the retailer’s luxury watch line and its new store opening led to a post-click engagement rate that nearly doubled Verve’s standard.
Verve Group Is Committed to Our Customers and Their Business During These Challenging Times: #WeStandTogether
As a member of the MGI group of companies, we have taken appropriate measures to ensure that our service will continue as normal and that we are always available for you, whenever you need us.
Media And Games Invest (“MGI”) Acquires US-Based Verve To Advance Its Market Position In Programmatic Mobile Location Display And Video Advertising
NEW YORK, Jan. 23, 2020 /PRNewswire/ — Media and Games Invest plc (“MGI”, ISIN: MT000000580101; Symbol: M8G) today announced that its subsidiary gamigo AG agreed on acquiring Verve Wireless, Inc.’s business. Verve is a leading North American mobile data platform for location-based programmatic video and display marketing. Verve brings technology, intellectual property, and domain expertise in branded programmatic […]