7 ways brands can use beacon tech to make it big in 2016

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7 Ways Brands can use Beacon Tech to Make it Big in 2016 Perry Nunes Marketing Associate MobStac Beaconstac Webinar January 2016 Neha Mallik Senior Marketer MobStac

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Page 1: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

7 Ways Brands can use Beacon Tech to Make it Big in 2016Perry NunesMarketing AssociateMobStac

Beaconstac Webinar

January 2016Neha Mallik Senior MarketerMobStac

Page 2: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Low-cost, low-power transmitters equipped with Bluetooth Low Energy or BLE (also called Bluetooth 4.0 or Bluetooth Smart)

• Helps mobile devices detect proximity and determine micro-location

What are beacons?

Page 3: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

Beacons don’t transmit content; they transmit a series of numbers

• The transmitted signal allows another device to identify it and determine the device’s proximity to the beacon

How beacons work

Page 4: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Why beacons are huge right NOW

• Busting some common myths around beacons

• How brands can make the most of beacons in 2016

• Best iBeacon campaigns of 2015

• Dos and Don’ts for iBeacon Campaigns

Today’s Webinar

Page 5: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

(1) 85% of Top 100 retailers are planning to invest in beacons in 2016

Why Beacons are huge right NOW

Page 6: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

(2) Beacons will drive $44 Billion in retail sales this year, up from $4 billion in 2015

Why Beacons are huge right NOW

Page 7: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

(3) Beacons have lead to an 8% increase in store visits at offline stores, via retargeting

Why Beacons are huge right NOW

Page 8: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

(4) 89% of consumers are willing to share their personal information in exchange for more targeted content

Why Beacons are huge right NOW

Page 10: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

Myth 1: All content lives in the beacon

Busting some common myths around beacons

• Beacons can only broadcast identifiers (UUID+ Major Number + Minor Number) that can be received by smartphones

Page 11: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

Busting some common myths around beacons

• Smartphones then detect the beacon’s serial number and trigger a set of actions based on the corresponding installed app

Myth 1: All content lives in the beacon

Page 12: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Beacons cannot track consumers without taking permission to access location services on their phone

Busting some common myths around beacons

Myth 2: Beacons can collect information without the user’s consent

Page 13: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Beacon range is dependent on the battery that powers them • Typical range of beacons that run on AA batteries – 50 to 120 ft• Range of smartphones or tablets when made to act as beacons – 150

to 200 ft

Busting some common myths around beacons

Myth 3: Beacons provide infinite range

Page 14: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Beacon signal strength is roughly correlated with distance• However, beyond 10 to 20 ft, this correlation breaks down as signal

strength drops off exponentially

Busting some common myths around beacons

Myth 4: Beacons can pinpoint location data with precise accuracy

Page 15: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• 1.6 Billion coupons are set to be delivered annually to customers via iBeacon technology by 2020

• With every other beacon message, marketers risk a 313% drop in app usage

How Brands can Make the Most of Beacons

1. Find the perfect balance between push and pull with coupons

Page 16: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Chow Tai Fook deployed beacons across 237 stores to push coupons via WeChat app

• Saw a redemption rate of 59% with an avg. ‘shake’ per person of 4.76

How Brands can Make the Most of Beacons

1. Find the perfect balance between push and pull with coupons

Page 17: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Year 2016 will see 210% growth in total value of mobile payments up to $27.05 Billion from $8.71 Billion in 2015

How Brands can Make the Most of Beacons

2. Provide for faster checkouts with beacons

Page 18: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Danske Bank partnered with GoAppified and Netclearance Systems to integrate beacons with their MobilePay app

• Enabled proximity payments for more than 3 million users in Denmark

How Brands can Make the Most of Beacons

2. Provide for faster checkouts with beacons

Page 19: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• 61% of brands reported that repeat customers drive more than half their revenue, rather than new ones

• Wisely, an app that links a restaurant’s staff to its guests via beacons

How Brands can Make the Most of Beacons

3. Provide for seamless customer loyalty using beacons

Page 20: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• App alerts staff about a guest’s arrival and also informs them about his/her dining preferences, visit history etc.

How Brands can Make the Most of Beacons

3. Provide for seamless customer loyalty using beacons

Page 21: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Customers can earn loyalty levels like silver, gold & platinum to claim unique rewards like flash deals, 1 on 1 tasting sessions etc.

How Brands can Make the Most of Beacons

3. Provide for seamless customer loyalty using beacons

Page 22: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Retail adoption of gamification strategy is expected to rise up by 181% in the next 5 years

How Brands can Make the Most of Beacons

4. Gamify to drive brand awareness and enhance customer engagement

Page 23: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• New York bars used beacons to gamify pub crawl via the Beacon Crawl app

• Users were rewarded for ordering food, sharing content on social media etc.

How Brands can Make the Most of Beacons

4. Gamify to drive brand awareness and enhance customer engagement

Page 24: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Utilize the obvious synergy between dating apps and nightlife venues

• Blinq alerts users in real-time, if singles that fit their criteria are in the same location, via the InstaConnect feature

How Brands can Make the Most of Beacons

5. Connect users passively at the right time and right place via beacons

Page 25: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• The HotSpot feature lists out the bars and clubs that are trending based on distance to the venues, activity at the venue etc.

How Brands can Make the Most of Beacons

5. Connect users passively at the right time and right place via beacons

Page 26: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Gain solid understanding of the metrics involved in data-driven decision making

• Sail Amsterdam 2015 used beacons to gain insights on visitor distribution, popular routes etc.

How Brands can Make the Most of Beacons

6. Leverage analytics to understand the needs and interests of your customers

Page 27: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Helped them understand their visitors and make improvements to offer a better experience

How Brands can Make the Most of Beacons

6. Leverage analytics to understand the needs and interests of your customers

Page 28: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Allows brands to match their target audience with the right message at the right place at the right time

• Diageo partnered with London pubs to run a OOH Pimm’s campaign at transport hubs

How Brands can Make the Most of Beacons

7. Integrate with digital signage for impactful brand advertising

Page 29: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Leveraged beacon network at pubs to measure the rush and coupled it with weather information to direct people to nearby spaces for a drink

How Brands can Make the Most of Beacons

7. Integrate with digital signage for impactful brand advertising

Page 30: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Fans who shared the beacon content on their WeChat/Weibo profiles were entered into a prize draw

• Generated a huge social buzz and drove viewership of content over 8M

Best iBeacon Campaigns of 2015

1. Real Madrid used beacons to target fans on social media during China Tour

Page 31: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• During 9/11 show at Wrigley Field, Zac Brown Band used beacons to ask fans to support Warriors to Summits via the ZBB Live App

Best iBeacon Campaigns of 2015

2. Zac Brown Band used beacons to engage concert goers with contextual content

Page 32: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

• Run a beacon pilot before going live

• Seek consent before accessing user information

• Set a threshold time to for messages to be triggered via app

• Use beacons only to sell to customers

• Bombard customers with irrelevant offers

• Keep customer data in different silos

Dos and Don’ts for iBeacon Campaigns

Page 33: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

Beaconstac Eddystone Platform

• UNLIMITED user interactions

• Integrated with Google Analytics

• Rules-based rotating URLs

• Custom Domain

• Customer Support

• Access to Beaconstac platform for 30 days

Page 34: 7 Ways Brands can use Beacon Tech to Make it Big in 2016

[email protected]

@beaconstac

http://www.beaconstac.com