Placed launches location tool for mobile advertisers

Utilising 20bn continuously measured locations Placed Targeting sends notifications to tell advertisers exactly which places their audiences go to the most in the real world.

Traditionally, standard geo-fencing targets consumers who are in the proximity of a store but Placed Targeting uses Placed Insights, which measures more than 100m locations a day across more than 100,000 U.S. users who have opted-in to share their location, and then send that information to advertisers (see below)

Placed is partnering with location-based platform Verve for the launch and will be available to the latter’s client base.

Founder and CEO of Placed David Shim said: “Proximity is just one tactic when it comes to mobile advertising. Placed Targeting brings lookalike modelling to location-based advertising, proactively reaching audiences throughout the real world versus waiting on proximity.”