Relevant Ads Wherever You Are
Friday, May 23rd, 2008
Anne Bezancon, CEO of 1020 (developers of Placecast), describes the geo-targeting ad service they offer that delivers a relevant message based on a person’s location plus events, weather and other activities at that location. The Placecast Advertising Network infers what someone might be doing, needing, wanting based on the expanded location information which they call “place.”
1. What is the technology behind location-based advertising? Is it GPS? Do you target laptops or mobile phones?
“Location-based advertising” as it is called in mobile or “Geo-targeting” as it is called in the Internet world, refers to advertising that is relevant to the viewer’s location. Placecast starts with the location of the device’s internet connection and adds an entirely new dimension called “place” to infer what type of person would most likely be viewing the ad at that time and location. Placecast works with any type of location technology (GPS, WiFi triangulation, user-entered ZIP code, etc.), across any type of device (laptops, mobile phones, portable GPS devices, etc.) and any ad type (display, text, Flash, audio, etc.).
2. Does the service work everywhere across the U.S.? What about internationally?
Placecast is currently operational in the US and is focused on continuing to build on the momentum we have here. However, the technology platform which makes Placecast’s place-based advertising possible already supports more than 70 countries.
3. Do advertisers create special campaigns for the location-based market or do they use their standard ad campaigns?
We work with advertisers to create campaigns leveraging Placecast’s unique dynamic messaging tools to allow agencies to produce their own creative one time, and have the message for that creative be customized at the time of delivery to be place-relevant. For example, with one piece of creative an airline can advertise “Tickets from [name of airport the user is connecting from] to Maui for [price of the ticket from that airport]” to travelers in airports across the country.
4. Placecast is another ad network. How do you stand out from your direct competition?
Placecast is built around a proprietary technology platform based on supply chain management concepts. Without this technology, online place-based advertising is not possible. Accordingly, Placecast is the only online place-based ad network today, and has been in operation since early 2007. Placecast offers targeting, messaging and engagement capabilities never seen before.
5. Is location enough information to help you strategically target ads to the right person at the right moment? What other information do you gather?
Placecast leverages the knowledge of where someone connects to the Internet, and a rich database of information about that location at that time including census data, events or weather to infer audience behavior and produce a highly relevant ad. Placecast does not need and does not collect any personally identifiable information. Everyone in the same place at the same time will see the same ad.
6. How does location-based advertising help publishers?
Publishers want to maximize the revenue from their inventory while complementing their brand. Before Placecast, publishers of location-relevant content sites like travel information, weather, traffic and events had few effective options for monetization. You are always in one place at one time. While everything else is subjective, time and location are absolute. Placecast uses this information to add the crucial missing ingredient to online advertising — real world relevance. As a result, ads perform better, publishers make more money and have more relevant ads on their site.
7. How many advertisers do you have in your network? How many publishers?
We do not disclose number of advertisers and publishers.
8. You say with better targeting you get a better return and can pay advertisers more. What percentage do you pay out to advertisers?
We do not disclose percentages. As evidence of our advertisers’ satisfaction, to date 100% of our advertisers have returned for additional campaigns.
9. Do you keep information on customers who click on ads so that you know frequent travelers and can target them better over time?
We do not do behavioral targeting, or collect any customer or web surfing history data.
10. What technology or business process will drive your industry in the future?
The increasing adoption of location-based services like events, mapping, travel and weather across both web and mobile.






