Blis Futures launches, to predict where customers will go next
Today, global location intelligence company Blis, released its latest groundbreaking innovation for the mobile advertising market: Blis Futures. Using proprietary deep learning technology, Blis Futures is an AI-powered, predictive location modelling solution. It identifies consumers most likely to visit specific locations, then provides advertisers a guarantee they will only be charged per consumer visit. Working with Vizeum, beer brand Stella Artois is the first global brand to run a campaign using Blis Futures to drive customers into pubs, increase engagement and incite consumers to purchase.
Blis Futures uses machine learning and predictive analytics to group like data sets and identify patterns. The solution builds audience segments based on their predicted conversion rates and indicates when and where to target this audience group to achieve the advertisers’ business objectives.
‘At Stella, it’s a crucial part of our mission to keep innovating to better understand our customers. Part of that is harnessing new technologies to engage with them in new ways,’ says Ali Humphrey, Brand Manager at Stella Artois. ‘Thanks to Blis Futures, we are now able to recognise how our audiences behave in the real-world as well as the digital one, allowing us to engage with them at the right moment and impacting their future purchase decisions.’
Demonstrating its confidence in Blis Futures and the strength of its predictive data analysis, Blis charges advertisers only if the customer visits the intended location using performance metric, ‘Cost Per Visit.’ The launch of Blis Futures demonstrates a continued investment in physical performance metrics.
‘Blis Futures allows brands and businesses the opportunity to target shoppers based on where they will be.’ said Greg Isbister, CEO of Blis. ‘We are now able to accurately identify people who we know are either highly likely or definitely going to buy a product. This eliminates waste in spend and increases campaign performance.’
‘For marketers looking to increase footfall and in-store sales, this alternative to traditional performance and payment methods is revolutionary. It won’t just increase performance; it will also boost trust between brands and their tech providers’, says Shaun Lynch, Digital Planning Manager at Vizeum agency for AB InBev. ‘It’s one of the many reasons we’re excited to work with Blis as we start unlocking new customers with Blis Futures.’
Click here to read the original article.