Retention Rate
Industry average: 50%
WHY IS OUR RETENTION RATE SO HIGH?
Scalable solutions
Industry specialists
Proven results
CLIENT SATISFACTION SCORE
Industry average: 72%
WHY IS OUR SATISFACTION SCORE SO HIGH?
Project management
ROI tracking
Diverse skillsets
“I have 16 years of industry experience, and WebFX is the best agency I’ve ever worked with.”
Flavia A, Review from Clutch.co
HIGHER NPS® SCORE THAN
Industry average: 16
WHY IS OUR NPS SO HIGH?
Turn-key solutions
Real business results
Consistent communication
Competitor Geofencing Advertising Management Services
Want to reach your target audience with relevant ads based on their location? Get competitor geofencing advertising services that attract new prospects and improve customer satisfaction. Keep reading to learn how a top geofencing agency like WebFX can grow your revenue!
Geofencing advertising services that generate leads and foster customer loyalty
Team up with WebFX for your competitor geofencing advertising needs. With our services, you can hyper-target your prospects and create personalized experiences that convert them into customers.
Here’s what you’ll get when you partner with us for competitor geofencing advertising!
- Custom strategy
- Dedicated account manager
- Conversion tracking
- Demographic and behavioral targeting
- In-depth competitor research
- And more!
Custom strategy
Custom strategy
Because every business is different, you get a custom strategy that’s tailored to you, your industry, target audience, and goals.
We can customize your geofence to be as small as 1000 square feet or as detailed as a 12-sided polygon fence so you can target your prospects with precision. With a personalized geofencing advertising plan, you reap the benefit of improved return on investment (ROI).
In addition, you get to work toward your ambitious goals, such as expanding to new areas and targeting specific locations in your community.
Dedicated account manager
Dedicated account manager
When you hire WebFX as your geofencing marketing company, you’ll get a dedicated account manager who stays on top of all things related to your geofencing strategies.
Your account manager will take the time to get to know your business and goals. They’ll liaise with our team of experts to drive the results you need.
In addition, they’ll regularly update you on your geofencing advertising’s results through reports to ensure we’re hitting the goals we’ve set.
Conversion tracking
Conversion tracking
Is your competitor geofencing advertising campaign reaching your intended audience and driving them to your storefront? With our proprietary growth platform, MarketingCloudFX, you can measure your geofencing efforts’ results.
You can attribute which leads and sales were driven by your geofencing campaigns. You can also track your lead sources and identify which marketing channels are driving revenue.
Demographic and behavioral targeting
Demographic and behavioral targeting
When you team up with WebFX, you’ll get a competitor geofencing strategy that targets your audiences with pinpoint accuracy. Through demographic and behavioral tracking, you’ll have audience segments that you can target with personalized messaging.
As a result, you’ll have enhanced geofencing campaigns that convert prospects into customers and drive revenue for your business. After all, 72% of consumers say they only engage with personalized messages.
In-depth competitor research
In-depth competitor research
When doing competitor geofencing advertising, it’s important to know your audience and your competition. By knowing who your competitors are, you’ll also get information about which areas to geofence.
Where does your prospect go when they need your offerings? By identifying your competitors that they turn to, you’ll also uncover why your prospect chooses your competition over your business.
When you work with WebFX, you’ll get in-depth information about your local competition as we evaluate them, their location, conferences, and events. This valuable information will optimize your competitor geofencing campaigns, resulting in improved ROI.
Transparent Pricing for Competitor Geofencing
CUSTOM GEOFENCING PLANS
Starting at
$1,000 / month
How we determine pricing
Your Advertising Budget
For budgets of less than $3,600, monthly management is a fixed rate. Budgets higher than that will typically be 15% of ad spend due to the higher level of care needed to maintain the account.
Size of Address List
Whether you already have an audience list, or need help curating a list based on location, demographic characteristics, interests and lifestyle- list size may affect monthly cost.
Conversion Zones Needed
If you’re looking to target specific zones, rather than individual addresses, then the number of zones that you’re looking to target may affect monthly cost.
INCLUDED IN ALL PLANS:
- Precise address targeting through plat line / property tax data
- Audience list upload ad/or curation based on location, demographics, or interests
- Click-through conversion tracking for lead forms or ecommerce transactions
- Brick and mortar (foot traffic) conversion tracking
- Display ad targeting across mobile and desktop devices
- Initial ad design (5 different ad sizes)
- Campaign alignment with traditional media campaigns
- Display ad targeting across 350+ ad exchanges, networks and publishers
- Address-level and zip-code level reporting
Your search for competitor geofencing advertising services ends here
When your company partners with WebFX, you:
Pricing custom to you.
Starting at $550 per month.
Unlock over 8% increase in sales with
WebFX’s award-winning geofencing team
- Dedicated account manager, interfacing with a team of 500+ digital marketing experts
- MarketingCloudFX access for optimizing, measuring, and reporting ROI
- In-depth analysis of your business goals, industry, and competitors
- In-house project management software, 24/7 help desk, and direct client phone line
In-House Marketing
- One or two team members trying to keep up with fast-paced marketing advancements
- Analytics suite for measuring and improving campaign performance
- S.M.A.R.T. goals, but limited resources needed to execute
- Reporting roadblocks leading to project delays and wasted spend
Typical Marketing Agency
- Dedicated account manager responsible for strategy, but will need your help implementing solutions
- Third-party tracking and analysis with subscription costs passed to you
- Cookie-cutter checklists and solutions for optimizing your campaigns
- Regular, but unreliable support when issues arise with your account
Innovative geofencing advertising strategies that boost your revenue
Maximize your competitor geofencing advertising with these strategies we offer:
Targeted fences
Targeted fences
Creating targeted geofences maximizes your business’s exposure to your target audience. We also ensure it’s convenient for users to visit your business — if they’re a five-minute drive away, versus 30 minutes, it’s easy for them to check in at your location
Actionable ads
Actionable ads
Every ad should feature a compelling and distinctive call-to-action (CTA). Our experienced Internet marketers will create actionable ads that encourage your prospects to take action — whether it’s to visit your booth, store, or website.
Progressive management
Progressive management
It’s critical to stay ahead in the digital marketing industry. That’s why our competitor geofencing advertising services include progressive monthly management to ensure your campaigns keep driving sales and revenue.
To maximize your advertising budget, we manage and optimize your competitor geofencing campaigns to deliver improved ROI.
Optimized audience data
Optimized audience data
We build our geofencing marketing campaigns with a wide variety of audience data to show personalized ads to your prospects.
If you have an email subscriber list, loyalty reward member list, or even a list of client testimonials, we can reference this data to build a competitive campaign that delivers relevant ads to your target audience.
FAQs about geofencing advertising
If you’ve only started your research on geofencing advertising, you probably have a ton of questions. Find answers about competitor geofencing advertising here:
What is a geofence?
A geofence is a virtual fence, like an invisible dog fence.
The difference is that you’re creating geofences around specific locations that you want to target, using GPS or radio-frequency identification (RFID) technology. These virtual fences can range anywhere from 1 meter to 30,000 meters, based on how far out you want to target your audience.
For best results, we create geofences that are at least 93 square meters or 1000 square feet.
How does geofencing work?
While more complex than an invisible dog fence, geofences have an identical concept.
When a user enters or leaves a geofence, there is a reaction. While dogs feel a vibration or hear a noise from their collar, people interacting with a geofence don’t even realize it.
Instead, when users leave a geofence, they get added to an audience so your business can retarget with ads through mobile apps and webpages. This feature builds on pay-per-click (PPC) ads, which allow you to target by demographic and general geographic location.
The benefit of geofences, however, is that the targeting is much more granular.
With geofencing, you can filter your target audience by their location. You can serve them ads based on an event they’re attending, a competitor they’re visiting, or even a street they’re walking down. It is the ultimate targeting solution.
Take a dental practice as an example. If their office wants to attract more dental leads, they can use competitor geofencing advertising to target to specific areas — like a suburban neighborhood — to attract new patients.
What is an example of geofencing advertising?
An example of geofencing marketing comes from the retail industry.
While a well-known and established brand, American Eagle wanted to increase its sales. The retail brand set up geofences throughout malls with American Eagle stores.
When members of its target audience entered the geofence, they became part of a remarketing audience. The company then served this audience with ads that promoted special offers, like incentives for trying on clothes at an American Eagle store. These ads appeared on mobile apps and webpages, reaching users on-the-go.
The advertising campaign encouraged shoppers to come back and shop at American Eagle. As a result, the retailer tripled its in-store sales.
Burger King also invested in geofencing targeting, using it as a defensive marketing tactic against another leading fast-food chain, McDonald’s. The campaign revolved around Burger King’s mobile app and visits to McDonald’s.
The campaign, called #WhopperDetour, encouraged diners to go to or drive by a McDonald’s and open the Burger King mobile app. Once users completed this part of the step, they received a deal that allowed them to order a Whopper sandwich at the nearest Burger King for a penny.
The campaign, which ran through December 2018, generated significant brand awareness. The tweet announcing #WhopperDetour earned more than 4,500 retweets and over 15,000 likes from users, suggesting that many people took advantage of the offer.
While both examples come from established companies, these kinds of results are possible for small-to-midsized businesses (SMBs), too. It’s only a matter of partnering with a trusted and results-driven geofencing advertising company.
What areas can you geofence?
You can geofence several areas, including:
- Competitor locations
- Business locations
- Residential locations
- Conferences
- Trade shows
- Conventions
- Concerts
- Festivals
- And more!
The fact that you can directly target the locations of your competitors is one of the most notable benefits of geofencing advertising. It’s also one of the biggest focuses of our geofencing advertising services.
Even better, you can customize when you want to target people at concerts, festivals, entertainment venues, conventions, and other locations. For example, you may want to target concert-goers as they leave because they’re more likely to stop in at your nearby diner then.
Plus, your team can remarket your offerings to past and current clients using geofences. With our addressable geofencing campaigns, your company can use client data from your customer relationship management (CRM) software to target the homes of clients.
This feature helps businesses using direct mailer campaigns significantly. While homeowners may see your postcard or letter in the mail, it’s impossible to know if that person reads it.
With an addressable geofencing campaign, however, you can monitor the number of ad impressions (or views), and the number of clicks and conversions from your ad.
As your partner, our team researches — and coordinates with you — to find the best times and locations to target your ideal shopper. Adopting this approach maximizes your competitor advertising ad spend and results.
What are the benefits of geofencing advertising?
Geofencing advertising offers your company several impressive — and noticeable — benefits, including:
1. Customer satisfaction
It’s a surprising fact for many businesses, but consumers want to hear from your company. According to 80% of consumers, they’re more likely to do business with an organization that offers a personalized experience, whether through apps, websites, ads, or another channel.
If you want to satisfy potential shoppers, you need to appeal to their wants and geofencing advertising does that. With compelling and actionable ads, you can remarket your business to your target audience, whether they’ve visited your location or purchased your product.
A sale isn’t necessary to appeal to consumers, though. You can also encourage users to visit your store, trade show booth, or website by resolving their needs.
Let’s say for example, they’re looking for an experienced fence installer or a specialty manufacturer. With your ads, you can show users that you’re the solution to their problem.
2. Increased conversion rates
Competitor geofencing advertising services also assist with boosting your conversions, which can range from in-store visits to quote requests and newsletter sign-ups. Geofencing involves identifying your goals and having a deeper understanding of your target market and competitors so you know the best areas to place geofences.
This strategy involves identifying the optimal size for your geofences, maximizing your company’s exposure to your target audience. Plus, when you work with a top geofencing agency like WebFX, you get compelling ads that appeal to the wants and needs of your audience.
When done right, geofencing drives high-value traffic to your company. Instead of an everyday consumer visiting your store, it’s your ideal shopper.
That means they’re more likely to act on your calls-to-action (CTAs), like joining your email newsletter. If you’re a software-as-a-service (SaaS) provider, for example, earning more newsletter subscribers can help your business earn more clients.
With your email marketing strategy, you can create newsletter content that moves new subscribers down your buying funnel and towards purchasing your software.
This later gain can help your business expand its team of developers, which can make it possible for your company to develop additional features for your software. You may even develop another software application to expand your services and revenue channels.
Even though geofencing advertising rarely generates immediate sales, it can provide the foundation for future sales via brand awareness and micro conversions. This advantage of geofencing advertising can help your business move ahead of competitors that only focus on bottom-of-the-funnel users.
3. Improved lead quality
Even if you’re a business that doesn’t operate a storefront location, geofencing advertising can help by generating high-quality leads. For your sales team, that’s an immense benefit, as they can focus their time on converting leads, rather than finding them.
If your company attends industry conferences and trade shows, for example, you can use geofences to reach your target audience — which is difficult during packed, noisy industry events. When attendees leave the event building, they can start receiving ads for your business.
This strategy works well even after a long day, because people will unwind with their phones. They’ll browse the Internet, watch some YouTube, or follow up on some industry topics — and in the process, they’ll see ads for your business.
Your ad can encourage users to visit not only your website but also your booth. In this scenario, you’re directing high-value consumers to your sales team. Your team can then connect with these users and turn them into leads.
In this example, your traditional and digital advertising combine to drive your company forward.
4. Customer loyalty
It’s essential that your business not only earns new clients but also retains its current customers. Why? Increasing customer retention by 5% can boost revenue by as much as 90%, which significantly impacts your bottom line.
How does geofencing advertising encourage customer loyalty, though? By offering relevant and helpful ads to your target audience.
If you’re an HVAC company, for example, and someone visits your competitor across town, you know they’re looking for an HVAC-related solution.
Your advertisement can help them, such as by promoting your offer for a free installation quote or a 10% discount on all HVAC systems. When shoppers arrive at your store, your team can then follow up with great customer service, providing users with a positive experience.
The same scenario applies to businesses without a physical storefront. At a conference, trade show, or event, your team can still provide your audience with a positive, memorable experience.
That kind of care can encourage your audience to choose your company, and not your competitor, for their unique needs.
5. Improved brand awareness
Competitor geofencing advertising services can improve your brand awareness. This benefit carries unparalleled value and convinces users that your business is the best choice.
A geofence contributes to better brand awareness by exposing consumers to your business. When they use their mobile apps or mobile browser, they see advertisements about your company.
The continued presence of your business in search results emphasizes that you offer a solution to their problems. Those problems can include finding caterers for a festival, picking a restaurant for a family get-together, or even selecting a venue for a company event.
The best part is that once a user chooses your business, you can start building their brand loyalty. That brand loyalty can lead to a long-term partnership — and source of revenue.
For example, if you’re an events place, a business may choose to book your venue for all their company parties. Even better, they may recommend you to other companies.
6. Better audience targeting
Geofencing advertising provides your business with helpful information about your target audience. It also allows you to refine your marketing personas by location, demographics, and several other additional features.
With detailed target audiences, you can maximize the success of your geofencing advertising strategy. Top geofencing agencies like WebFX can create specific ads for audiences that are five minutes away from your store, versus 10 — or for audiences that visit competitors with higher or lower price points than your business.
By enhancing your target audience, you can improve your overall geofencing advertising campaign. That can lead to better results, such as in the form of more leads, conversions, and sales. It can also help you reach your goals faster.
7. Better digital marketing strategies
An integrated digital marketing strategy offers your company a competitive edge. That’s why many businesses invest in not only geofencing advertising, but also in other services:
- Search engine optimization (SEO)
- PPC advertising
- Social media advertising
- And other services
A multi-pronged approach to digital marketing maximizes your company’s online visibility. It can also drive the results you’re looking for, like more reservations at your restaurant or more requests for an HVAC system quote.
Data from your geofencing marketing campaign can also inform your other Internet marketing strategies.
Maybe, for example, you learn that many users come from a town that your SEO strategy doesn’t target. Or that in-store consumers note a frequent pain point that your content marketing strategy hasn’t covered yet.
With geofencing’s multiple benefits, it’s a smart choice for companies looking to grow their business.
Which businesses benefit the most from geofencing advertising?
Geofencing advertising helps many businesses and industries, including:
- Restaurants
- Retail stores
- Medical practices
- Floral shops
- Law firms
- HVAC companies
- Landscapers
- Home services
- And more!
Even if you’re a company that doesn’t operate a storefront, geofencing marketing can help. For example, if you attend trade shows or conferences, you can use geofencing to advertise your business to attendees.
That helps your company reach audiences in your target market, which can translate to new leads.
With the versatility of geofencing and our data-driven approach, you can use this innovative advertising strategy to increase your leads and conversion rates. It can also potentially improve your digital marketing’s ROI, too.
What are geofencing services?
Geofencing services use location-based ads to promote your business to users that enter a designated location, like a college campus, competitor location, or suburban neighborhood.
Companies can use geofencing services to attract new leads, clients, or hires. Geofencing services can also help you foster loyalty among your existing customers.
How much do geofencing services cost?
Prices for geofencing services vary and depend on your monthly ad spend, geofence size, and geofencing agency.
Typically, businesses will set a $1000 to $30,000 monthly ad spend for geofencing and invest $550 to $1500 in geofencing services. For the most accurate pricing, request a custom quote.
What does a geofencing advertising agency do?
Geofencing advertising agencies use geofencing technologies to target your potential customers while they’re at your competitors’ locations. Geofencing agencies can create advertising strategies, write and design ads, run tests to optimize your campaigns, and report results.
When should I hire a competitor geofencing advertising agency?
When you start to understand competitor geofencing, you might wonder if it’s a campaign you can handle on your own. To answer the question, take a look at some considerations below.
Determine if you’re able to manage the campaign on your own
There’s a lot that goes into a competitor geofencing campaign — keyword research, setting up your ad platform, figuring out your monthly spend, and setting up your virtual boundaries. That being said, there are a few questions to ask yourself before deciding to take on the project within your own company.
Do you have the knowledge?
Knowledge is power, and you need to tap into extensive knowledge when implementing a new campaign that has the potential to improve your business. However, if marketing isn’t a part of your job description, ample research may still not be enough to understand all the important technical aspects of competitor geofencing advertising.
If you don’t have the knowledge necessary, it’ll be difficult to implement your own competitor geofencing campaign.
Do you have the resources?
Becoming an expert takes time, which is something all business owners understand. You didn’t start a successful business overnight, and it took a period of time for you to learn about your industry, customer service, and finances, to name a few. You likely took some classes in college, read some books, and dealt with some real-life scenarios — and by some, we mean a lot!
Learning how to implement competitor geofencing advertising is no different. You’ll have access informational resources, read extensively on the topic, and maybe even watch a tutorial or two.
If you said “no” to the last question about being knowledgeable in the realm of competitor geofencing, you’ll need to consider if you have the resources to become knowledgeable.
If you don’t have the information necessary to learn extensively on the topic, it might be best to hire a competitor geofencing agency to help you.
Do you have the staff necessary to take on the job?
Let’s say you’ve started to teach yourself all about competitor geofencing in hopes of implementing your own campaign. You spend late nights watching tutorials and taking notes on all the informative content you’ve read.
Two days into your self-teaching journey, something comes up at work and your geofencing campaign is now on hold.
Teaching yourself how to implement a successful campaign is taking more time than you originally thought, and you’re beginning to think that you need to pull a few more of your employees in on the efforts.
The only problem is that every employee has their own job to do at your business, and you don’t have the time to train them on a topic that you barely understand yourself.
If you don’t have the staff necessary to help you with the job of setting up a competitor geofencing advertising campaign, and you can’t handle it on your own (let’s be honest, what business owner can?), then hiring a competitor geofencing advertising agency is your best bet.
Do you have room on payroll to hire an expert?
Let’s say that you’ve decided that you don’t have enough staff members to learn the ropes of competitor geofencing, so you consider bringing on a full-time marketing expert to help you with your campaign.
Though this might feel and sound like a good idea at the beginning, you’ll have to consider a few things. Do you have enough room on payroll to hire an expert? Do you have enough company resources to offer another employee benefits?
Overall, it’s your best option to hire an advertising firm to take care of the job for you.
How do I choose the best competitor geofencing advertising agency for my business?
With so many companies starting to adopt competitor geofencing advertising, how can you be sure that you choose the right agency for your business?
We have a few pointers!
Pay attention to how long they’ve been in business
One of the first things to look for in a competitor geofencing advertising agency is how long they’ve been in business.
If an agency has only been in business for a year or two, they probably don’t know the industry, trends, and strategies as well as an agency that’s been in business for decades.
Young agencies also haven’t had time to build up a client profile, which means there aren’t very many people that will be able to speak to the success they’ve had with that agency.
Furthermore, when an agency hasn’t had many clients, they likely haven’t had to deal with a host of pitfalls and shortcomings when it comes to campaign success. This means they don’t have a ton of experience digging themselves out of unsuccessful campaigns, making it hard to trust them with yours.
Make sure they have all the services you’re interested in
When you hire a competitor geofencing advertising agency, you’re already looking for ways to improve your business with marketing. That means you’re possibly looking for other strategies that pair well with geofencing to take your overall marketing campaign to the next level.
If your business is also interested in marketing strategies like SEO or PPC, you should be sure that the competitor geofencing advertising agency you choose also offers these strategies.
Why? When you choose an agency that can work on all of your campaigns at once, they’ll do it better than a few separate agencies would. When a single agency does all of your marketing, they can share the same analytics, insight about your company, and more across their agency.
This means that all of your marketing campaigns will move toward the same goal, take shape under the same roof, and your marketing strategy as a whole will be far more cohesive.
Not to mention, no matter how many strategies you’re interested in, having a single point of contact for your entire marketing strategy is a huge benefit.
Take note of their reviews and testimonials
Reviews and testimonials are incredibly similar but differ in some important ways. Reviews are offered on third-party sites and can be positive or negative. Take the reviews below as an example:
Testimonials, on the other hand, are typically featured on a company’s website and are all positive feedback from past clients. They are used to illustrate first-hand accounts of previous clients and are beneficial for enticing potential customers. Testimonials talk about the quality of the products and services and new customers really trust them, since they’re written by someone who was once in their shoes.
Regardless, both are extremely significant in helping you decide on the perfect competitor geofencing advertising agency.
When you’re researching potential competitor geofencing advertising agencies, you should be sure to read through reviews and testimonials to make a well-informed and well-rounded decision about who is the best option for your business.
Keep in mind that it’s highly unlikely that an agency will have all five-star reviews, so cut them a break if the positives outweigh the negatives.