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CPM in Marketing: Digital Marketing Basics You Should Know to Grow your Business in 2022
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Once upon a time, in a land far, far away, a magical device called a smartphone could predict exactly what you wanted, where you liked it, and when. It was as if it had a mind with a mystical power to read your thoughts and summon your desires. It wasn’t in a faraway land, but right here in your pocket. Welcome to the fascinating realm of geo targeting.
Let’s take a trip down memory lane and meet our heroes: Jane the Wise and Mark the Mighty. Both are hardworking marketers who dream of capturing the hearts and wallets of their target audience.
Jane, a forward-thinker, embraces the power of geo targeting, harnessing its potential to target her audience with laser precision. She delivers personalized content, offers, and ads based on her audience’s location, behaviour, and preferences, earning her the title “Geo targeting Guru.”
On the other side of the fence, Mark, a firm believer in traditional marketing, relies on mass communication, hoping his message will stick to someone somewhere. His efforts resemble a ship lost at sea, struggling to find its way through the vast, overwhelming ocean of consumer data.
“In the age of information, ignorance is a choice.” – Donny Miller.
Geotargeting is the fairy godmother of modern marketing, transforming a pumpkin of data into a sparkling carriage of opportunity. At its core, geo targeting is delivering content and serve ads to users based on their geographic locations, enabling marketers to deliver personalized, relevant, and timely messages that resonate.
Imagine your smartphone as an artist’s canvas, and geo targeting as the skilled painter, creating a vibrant, detailed portrait of your wants, needs, and behaviours. With every brushstroke, a clearer picture emerges, revealing the intricate tapestry of our digital lives.
By combining these elements, geo targeting crafts a personalized masterpiece that will surely capture the attention and affection of its audience.
In the spirit of humour, let’s share a geotargeting joke:
Why did the geo targeting ad cross the road?
To find the user on the other side!
That might not have you rolling on the floor, but geo targeting adds a touch of wit and whimsy to the marketing world. With the ability to tailor content, marketers can inject humour relevant to their audience’s locale, language, and cultural nuances, making their messages more relatable, engaging, and shareable.
Picture this: You’re on vacation in Italy, exploring the winding cobblestone streets of Rome. Your smartphone buzzes with a notification, and you see a geotargeted ad for a nearby pizzeria offering a 10% discount on their signature Margherita pizza.
As you take a bite of that heavenly slice, you can’t help but be grateful for the precision of geo targeting that led you to this gastronomic bliss. That same ad appearing on your home screen would have been irrelevant and easily ignored. But at that moment, in that geographic location, it was a perfect match.
Test your geotargeting knowledge with this fun quiz:
Q1. What is geo targeting?
a. A GPS device
b. A type of marketing strategy
c. A painting technique
Q2. Which of the following is NOT a factor used in geotargeting?
a. Geolocation
b. Behaviour
c. Favourite colour
Q3. True or false: Geo targeting can only target users at the country level.
a. True
b. False
(Answers: 1. b, 2. c, 3. b)
As they say, numbers don’t lie. So let’s take a look at some compelling geo targeting statistics:
Geotargeting is a powerful tool that can revolutionize your marketing strategy, drive engagement, and boost your bottom line.
Jane: Hey Mark, have you tried using geo targeting for your ad campaigns yet?
Mark: I’m not sure, Jane. What’s the real benefit?
Jane: Well, for starters, geotargeting helps you deliver personalized content that is more relevant to your audience, increasing engagement and conversions.
Mark: Interesting… But what if my target audience is vast?
Jane: That’s the beauty of geo targeting, Mark. It allows you to segment your audience based on various factors, so you can create tailored messages that resonate with each group.
Mark: Hmmm… Maybe it’s time for me to give geotargeting a shot!
Geotargeting is like a compass, guiding you through the ever-changing landscape of consumer behaviour and leading you to the treasure trove of marketing success.
A: Google ads location targeting offers numerous benefits, including personalized content, increased user engagement, higher conversion rates, and improved return on investment.
A: Geotargeting can be precise, narrowing down to specific neighbourhoods, streets, or even individual buildings.
A: No, geotargeting can be used by businesses of all sizes to improve their marketing efforts and better connect with their target audience.
A: As long as marketers obtain users’ consent to collect and use specific location data, geotargeting can be done ethically and responsibly.
A: To get started with geotargeting, you can utilize various platforms and tools, such as Google Ads, Facebook Ads, or other third-party geotargeting services. Begin by defining your target audience, segmenting them based on relevant factors, and crafting tailored messages for each group.
In the land of marketing, where customers’ attention spans are fleeting and competition is fierce, geotargeting emerges as a beacon of hope, guiding marketers on their quest for success. By embracing the power of geotargeting, you too can craft engaging, relevant, and personalized content that captures the hearts and minds of your audience, leading to a storybook ending of marketing triumph.
As our tale comes to a close, remember the wise words of Carol Dweck, “Effort is what ignites that ability and turns it into accomplishment.” So, dear marketer, put forth the effort to harness the magic of geotargeting and watch your marketing campaigns soar to new heights. And as for Jane and Mark, let’s say they lived happily (and prosperously) ever after.
Up until working with Casey, we had only had poor to mediocre experiences outsourcing work to agencies. Casey & the team at CJ&CO are the exception to the rule.
Communication was beyond great, his understanding of our vision was phenomenal, and instead of needing babysitting like the other agencies we worked with, he was not only completely dependable but also gave us sound suggestions on how to get better results, at the risk of us not needing him for the initial job we requested (absolute gem).
This has truly been the first time we worked with someone outside of our business that quickly grasped our vision, and that I could completely forget about and would still deliver above expectations.
I honestly can't wait to work in many more projects together!
Disclaimer
*The information this blog provides is for general informational purposes only and is not intended as financial or professional advice. The information may not reflect current developments and may be changed or updated without notice. Any opinions expressed on this blog are the author’s own and do not necessarily reflect the views of the author’s employer or any other organization. You should not act or rely on any information contained in this blog without first seeking the advice of a professional. No representation or warranty, express or implied, is made as to the accuracy or completeness of the information contained in this blog. The author and affiliated parties assume no liability for any errors or omissions.