Capture Your Competitor's Customers
As branch closings continue at high levels in the banking industry, Stellar Strategic Group now offers a new solution to market to consumers that bank at your competitor's locations.
Competitor Replay allows you to capture Device IDs at high value locations. In other words, you have the ability to capture a consumer's Device ID at events they attend, where they work, where they study, where they shop, where they bank - all with the ability to advertise to this high value audience.
With Competitor Replay, we can go back in time and capture devices from events or locations over the last 6 months. Competitor Replay then attributes a likely home address of those devices seen at the chosen event or location. From there, we are able to target that home network with digital banner ads using IP Targeting.
Target competitor locations that are close to your locations and/or competitors in which you have a clear advantage.
Geoframing is different than Geofencing. Geofencing requires a hard opt-in. That usually requires the consumer to download a specific app and agree to the terms of service. Geofencing utilizes cell tower service or GPS to create the fence.
On the other hand, Geoframing focuses on the latitude and longitude of specific locations – down to the meter-squared level. This gives a more granular and precise look at a geographical location, cutting out the noise of those people who are just "driving" through your geo-area. The biggest difference between the two is that Geoframing relies on historical data, not live cell tower data.
In addition to using the technology above, we recommend combining Competitor Replay with our personalized map postcards. Each postcard will map the consumer’s home address to your nearest location. We target closely around the branch to hit those most directly affected by the closing of that location.
Our advanced geographic targeting ability has many other applications besides competitor locations. In-store branches have traditionally been harder to market for than your typical stand-alone branch. This technology affords you an opportunity to digitally engage with consumers who frequently shop in that store location. The options are endless. Consider community event locations, sporting/concert arenas, auto dealerships, new subdivisions, and more.
In addition to Competitor Replay, our IP Targeting capabilities allow you to digitally target specific prospect or customer address lists. This can be a great addition to any direct mail campaign. We also have access to digital new mover lists, which are much more real-time than traditional new mover mailing lists. Our system updates twice daily and connects advertisers to consumers in hours instead of weeks. We can specify between pre-movers, in-escrow, and post-movers.