Location based engagement: long term ROI
The value of an LBE incentive is
multi-dimentional with an unrivaled ability to measure short & long term
return on investment. This can be assessed in 4 key areas:
1. The
earned media (reach) of the initial engagement.
2. The
personal data a consumer volunteers as a part of the engagement.
3. The
ongoing engagement where a consumer subscribers to a place (like, follow, etc.)
4. The
ability to measure & optimize performance by comparing media spend,
engagements & redemptions with POS data.
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