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Top Trends in 2019: Geofencing & Competitive Conquesting

| December 12, 2018

Could geofencing be the biggest marketing trend in 2019? It certainly is creating a lot of buzz in the burger business, and now, Burger King and McDonald’s have beef.

It’s not every day that Geofencing makes national headlines – and things are heating up in the burger world.  

Taking after Wendy’s aggressiveness towards competitors on Twitter, Burger King announced its new Whopper Detour promo in the beginning of December – and now Burger King and McDonalds have some major beef.

In the campaign, Burger King geofenced 14,000 McDonald’s locations across the country, targeting McDonalds guests with the BK App on their phone. Once inside a McDonald’s location (or 600 feet away from one), guests who have the BK app will receive an instant offer to get a Burger King Whopper for just a penny. Burger King’s goal is to encourage and motivate McDonald’s guests who aren’t “loving it” to head to Burger King and ‘have it their way.’

A Top Trend in 2019?

“Conquesting competitors is certainly not a new advertising technique. However, being able to do so by using location-based technology is a recently growing trend,” says Chris Fehrmann, Vice President of Digital Products at TEGNA Marketing Solutions.

Better yet, the numbers show that consumers are comfortable sharing their location data, as long as the data provides them with, or enhances a valuable experience – such as a one-cent burger. eMarketer’s 2018 Location Intelligence Report cites a November 2017 study that found 42 percent of respondents would use an app with location data more if it meant a more relevant experience with it.

Those numbers are very encouraging, and could make a big difference for local advertisers heading into 2019.

“Being able to target a location where a high concentration of customers will be located, then track their geolocation, post-ad exposure, to measure lift into a brick-and-mortar location is a game changer for local advertisers” says Fehrmann.

It’s shaping up to be a game changer for Burger King too.

Burger King’s CMO Fernando Machado told CNN Business that upwards of 50,000 users have taken advantage of the deal, which also propelled the BK app up the iTunes charts from ninth to first place. Machado also estimates that this campaign has already seen about 20 times more redemptions than any other promotion.

via GIPHY

What Can Geofencing Do for YOUR Business in 2019?

With the big burger bosses elevating both geofencing and competitive conquesting to a new level at the end of 2018, what can your business do to capitalize on this new lucrative trend in 2019?

No matter the industry, Katherine Yape, Product Manager for TEGNA Marketing Solutions says you need to go for it. “Geofencing allows advertisers to stay in front of potential customers while they are in the buying process, and is a great advantage for any marketer to have in their tool kit.”

For example, auto dealerships can target consumers at competing dealerships; home services like a roofing specialist can target areas hit by a winter storm who might need repairs; personal injury lawyers could target an emergency room or a car repair shops; a university could target students visiting or touring another university; health care facilities could target industry events to recruit new doctors to the practice. The possibilities are only limited by a marketer’s own imagination.

About TEGNA Marketing Solutions & Audience Marketplace 

At TEGNA Marketing Solutions, we make sure our clients target and connect to the audiences that matter most, delivering proven results through simplified advertising solutions. With extensive targeting capabilities, Audience Marketplace helps advertisers reach an audience that is highly likely to interact with their brand through:

Audience Targeting to target specific audiences based on contextual and behavioral segments to create awareness and drive traffic to the website.

Location & Event Targeting to boost mobile marketing performances by targeting specific locations with pinpoint accuracy using geofencing.

Retargeting to identify previous website visitors with Site and Search Retargeting to bring them back to your site for additional chances at conversion.

Conversion Zones & Reporting provides accurate data and actionable insights to maximize campaign effectiveness, measure impressions, clicks and click-through rates, video completion information, and conversions. 

Our team of experts takes the time to understand your unique marketing needs and goals to create a customized solution based on insights and industry expertise. Learn more about Audience Marketplace with TEGNA Marketing Solutions.

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