Lord & Taylor Expanding In-Store Beacon Program Nationwide

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After testing in-store beacon technology in ten locations across the U.S. and Canada with positive feedbacks, Lord & Taylor now plans to expand the pilot program to its stores nationwide by the end of November. The company installed four to six beacons in each test store, and used a centralized system to send discounts and editorial content to the signed-on mobile devices of its customers. The company reported an 18% engagement rate for in-store messages from its pilot program, while the average engagement click-through rate for a mobile banner ad is less than 0.4%

Vistar Media Teams Up With AirSage To Mine Carrier Data

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Vistar, a digital out-of-home startup, wants to use their data to map of consumer behavior in the real world. Through a partnership with AirSage — one of few startups that have negotiated deals with carriers for this data — Vistar has developed a system which it says can allow marketers to analyze where nearly 110 million of consumers live, work and shop in an anonymized and privacy-sensitive way.

The new data product is meant to supplement the core digital out-of-home business. But the move also comes as the company launches its own mobile advertising demand-side network, and looks to find a way to compete in an increasingly crowded mobile advertising industry.

 

 

Event Recap: IoT Meetup #12 Was All About Beacons

At Monday’s Internet of Things Meetup #12 at the Cardozo Law School, it was All About Beacons. (That was the title of the event, seriously!) The buzzy Bluetooth LTE technology has been making waves in the ad tech space and in the media. Like all cool new tech, beacons inspire heated rhetoric: are they the holy grail of advertising, or just the latest fad? Do they spell the end of privacy for consumers, or is it usual media alarmism?

The IoT meetup tried to settle the hype. Beacons are, as Sharat Potharaju of MobStac explained, “simply a transmitter with a Bluetooth LTE protocol.” The idea behind beacons is by partnering with an app, one can detect location within 40 feet and implement “hyperlocal” communication. NewAer’s Dave Mathews (of CueCat and Slingbox infamy) was a second speaker. His platform, which he likens to an IFTTT for the real world, is a flexible deployment of beacons that can communicate with any device, and thus an app’s API.

That’s a big deal in the spaces like retail — step into a storefront, know your customers. But it has implication for everything from museums to hotels, and that’s why the Cardozo room was packed with developers, journalists, marketers and just plain tech geeks, just trying to understand why Bluetooth was suddenly hot again.