Archive for the ‘location data’ Category

Radio Media Measurement with Westwood One 

Posted on: January 12th, 2024 by Jaclyn Giordano

Motionworks partnered with Westwood One to assess the impact of audio advertising on foot traffic to tax preparation locations.

Motionworks segmented visitation to target locations in DMAs with light, medium, and heavy investment in audio advertising. Results demonstrated a correlation between media exposure and lifts in foot traffic to the tax preparation facilities.

Let’s dig into the medium, the measurement and the results.

The first radio ad aired on August 22,1922 on WEAF in New York City by a real estate company called Queensboro Corporation. The first radio commercial was 15 minutes long and advertised apartment offerings in Jackson Heights, Queens.

Fast forward to 1994, and we have the first online ad appear. On October 27, 1994, the world of advertising was forever transformed by a small graphic bearing the presumptive words, “Have you ever clicked your mouse right here? You will.” And just like that, the digital advertising era had officially begun.

The explosive adoption of digital advertising introduced attribution metrics the world had never seen, leaving many traditional forms of media in the dust. And, while there have been many advancements in radio advertising effectiveness measurement, it can still be challenging, even for the most tech-savvy marketer – but not with Motionworks.

With the Motionworks Placecast® product, media publishers, brands, and marketers can understand foot traffic lift to business locations, as well as how media campaign weight in a market can affect visitations across DMAs.

Motionworks helped The Cumulus Media | Westwood One Audio Active Group® understand the effectiveness of radio campaigns for a tax preparedness client across various radio formats and multiple DMAs.

Here’s what we found:
Markets receiving heavy AM/FM radio campaign investment received significantly greater unique location visitation activity for the tax preparation service brand than markets with light media weight.

We also observed that a heavier media weight in March, vs a lighter weight in April, yielded a 34% increase in unique for the tax preparedness client. In addition, DMAs with a heavier media weight in March outperformed on unique visitations vs. DMAs utilizing light to medium weight.

 

Key Takeaways: 

Radio measurement and analysis doesn’t have to be complicated or difficult to execute with the Motionworks Placecast Product.  

Media publishers, agencies, and brands can access foot traffic data to hundreds of thousands of locations in the Motionworks platform, generate their own polygons, and create customized place sets for the locations that matter for every campaign analysis.

Ready to Dive into Media Measurement? 

The Motionworks team is here to empower you with reliable and robust Population Intelligence to help you measure the world of media with confidence. Connect with us for a demo today.  

Population Intelligence for Restaurants

Posted on: September 19th, 2023 by Jaclyn Giordano

Population Intelligence Delivers a Competitive Advantage for Restaurant Growth

Restaurant sales rose for the 6th straight month this year, according to the National Restaurant Association. In fact, restaurant spending outpaced all other retail sectors with an increase of 4%, compared to only 1% of non-restaurant retail. 

With over 1 million plus restaurant locations in the US and consumer demand on the rise, sparking a growing number of new openings, Motionworks® population intelligence can deliver the competitive edge to keep your restaurant growing in a saturated market. 

What is Motionworks®

Motionworks® provides past, present, and predictive insights on how the total population moves throughout the physical world. Everywhere. All the time.  

Our Citycast™ proprietary Population Intelligence Platform insights suite, delivers restaurant marketers answers to population movement as it relates to the roads we travel on, the ads we see on billboards, the retailers we visit and the places we choose to vacation. This means, with Motionworks® Population Intelligence, restaurants can make business decisions more confidently, based on human behavior in an aggregated AND privacy compliant way.  

How Can Motionworks® Help Restaurants? 

Allow us to introduce you to the Placecast® and Popcast™ products that deliver insights into the places people visit, as well as, how they move about the world throughout the day in your restaurant trade area.  

What is Placecast®

Placecast® provides robust visitation insights into millions of POIs (points of interest) across the US. These POIs include small locations, such as stand-alone fast-food restaurants, large geographies, such as city centers and regional parks, and even billboards on the side of the road.

Restaurants can understand who is visiting a POI (points of interest), how long they are staying, the neighborhoods they live in, how often they visit, and what they like to consume.  

How Can Placecast® Empower Your Restaurant Business?

Foot Traffic Analytics: How do my daily traffic patterns compare to my competition? 

Location planning: Is there an opportunity to open a new location based on the geographic area customers are traveling from?  

Attribution analysis: Did our business grow in the zip codes where we leveraged direct mail? 

 

Placecast® in Action:

What is Popcast™? 

Popcast ™ allows you to visualize the population of Motionworks® along with custom cohorts occupying specific geographies throughout the day in the US. Popcast™ allows restaurants to look at population data from the zip code level all the way up to state geographies. 

How can Popcast™ empower your restaurant business? 

Audience activation: Where is my ideal restaurant customer composition geographically located to maximize my marketing efforts and increase ROI with my direct mail, local radio, and OOH (Out of Home) campaigns?  

Customer acquisition: Where can I find more of my best patrons to scale and how can I reach my competitors’ customers as they move throughout the day to conquest?   

Location planning: Where should I consider opening my next organic restaurant based on where potential health-conscious people live? 

Three easy ways to access Motionworks® Population Intelligence: 

  1. API: Direct integration into third-party platforms 
  2. Snowflake: Download data directly 
  3. Citycast ™: Motionworks® proprietary platform 

The Motionworks® team is here to empower you with reliable and robust Population Intelligence to make restaurant growth decisions with confidence. Connect with us for a demo today.  

Helping SMBs Make Intelligent Media Investments

Posted on: September 15th, 2023 by Kym Frank

Borrell Associates released a new report this week about the growing optimism of small and medium-sized businesses (SMBs) entering the second half of 2023.

Borrell Associates specializes in tracking, analyzing, and forecasting advertising and marketing investments by local businesses across the United States.

According to Borrell, local advertising will grow 4.4% in 2024, reaching $157.1 billion. While a significant portion of this growth can be attributed to digital formats, many traditional media channels are stabilizing or growing.

The press release highlights growth across the following local media formats:

Borrell attributes the growth in traditional formats to local businesses becoming increasingly savvier when it comes to media investments.

A vital aspect of being a savvy marketer includes having access to the right data to empower intelligent decision-making. Motionwork’s® mission is to make population mobility data and location intelligence more accessible and actionable to a greater variety of teams, communities, and enterprises. – and that includes small and medium-sized businesses.

Motionworks® provides a comprehensive suite of privacy-compliant solutions that can empower SMBs to make even more powerful marketing decisions, optimizing the investment of their media budgets, and maximizing the ROI on their ad spend.

Utilizing Motionworks® Population Intelligence, your company can:

If you are interested in learning more about how Motionworks® can empower you to make better marketing and business decisions for your SMB, please reach out to us at [email protected]. We would love to learn more about your company, your needs, and help maximize the potential of your local ad spend.

 

Motionworks® Closes $9.3 Million Series A Round

Posted on: September 12th, 2023 by Jaclyn Giordano

We are excited to announce Motionworks® International has closed a successful Series A Funding Round of $9.3 Million.

This investment will enable Motionworks® to support our growing customer base and scale our Population Intelligence solutions into new markets.

Read the official press release below:

Motionworks®, a disruptive solution in the population intelligence market, is pleased to announce its Series A funding round of $9.3 million. The funding round was led by Blue Heron Capital with participation from Motley Fool Ventures and Hybrid Capital. These funds will facilitate product development, expand operations, enhance user experiences, and allow the company to accelerate the rapid growth of its Population Intelligence solutions into new markets worldwide.

Motionworks®was founded in 2017 by Matthew Martimo and Ryan Kinskey to revolutionize how businesses access and analyze population movement in the physical world.  This investment will empower the company’s mission to make mobility data and location intelligence more attainable and actionable for technical and non-technical users alike.

Motionworks® uses geospatial technology and exceptional data scientists, engineers, and UX experts to curate past, present, and predictive insights on how the total population moves throughout the physical world – everywhere, all the time. The company’s industry expertise includes travel, retail, real estate, transportation, city planning, and multiple media channels. Motionworks® data fuels the currency for the out-of-home (OOH) advertising industry across North America and is leveraged by more than 400 companies through Motionworks’® proprietary technology suite, Citycast™.

“For years, data-driven decisions backed by population intelligence have been available only to organizations with substantial resources. We strongly believe that these powerful insights should be accessible to all businesses and agencies, regardless of their size and technical understanding,” said Ryan Kinskey, CEO. “We are truly gratified to have the endorsement and backing of such a respected group of investors as we strive to scale our vision for all businesses.”

As part of the round, Blue Heron Operating Advisors Ed Kennedy and Lenn Kurtzman will join the Motionworks® Board of Directors. Ed brings over thirty years of global executive leadership and technology expertise to Fortune 500 companies and entrepreneurial technology-based firms. Lenn has more than twenty years of experience as a Chief Financial Officer for early to mid-stage technology companies.

“Motionworks® is a unique platform disrupting the population movement analytics market with easy-to-use technology,” said Ed Kennedy, Blue Heron Operating Advisor. “We’re excited to be working with Ryan and the entire team at Motionworks® to continue their impressive growth trajectory.”

Recently showcased as one of the most promising, innovative tech companies in the Southeast, Motionworks® has been expanding its population intelligence data products and software solutions to help empower its rapidly growing customer base with accurate, up-to-date information on human mobility. Motionworks® solutions are currently available in the United States and Canada with plans for expansion into new geographies.

About Motionworks®  

Motionworks® is the trusted population intelligence expert that empowers customers with privacy-compliant, innovative data solutions to help them make smarter and more confident decisions. Motionworks® represents the merging of three principal expertise areas in the mobility space: high volume and high velocity data processing, generative modeling, and intuitive front-end user interfaces for non-technical users. Its diverse portfolio encompasses areas such as advertising, city planning, tourism, transportation engineering, and retail. Powered by geospatial technology, machine learning, and artificial intelligence (AI), along with exceptional data scientists, engineers, and user experience experts, Motionworks® delivers a wide range of high-value mobility insights that provide historical, real-time, and predictive intelligence about how people move around the globe.  

About Blue Heron Capital  

Blue Heron Capital is an early-stage equity firm funding big ideas in enterprise and healthcare technology. Using the powerful combination of financial capital and human capital of their OA collaborative, they build businesses that make big impacts. For more information, please visit https://www.blueheroncap.com/.  

About Motley Fool Ventures  

Motley Fool Ventures is a member-based venture capital firm focused on early-stage private companies and is an affiliate of The Motley Fool.  For more information, please visit https://foolventures.com/.  

About Hybrid Capital 

Hybrid Capital helps entrepreneurs access better capital. They invest in technology and tech enabled services businesses. For more information, please visit https://www.linkedin.com/company/hybrid-capital-partners/about 

Press Contact: Kym Frank, [email protected]

Introducing Placecast® Syndicated 

Posted on: September 1st, 2023 by Jaclyn Giordano

Placecast® Syndicated provides robust insights into visitation to points of interest (POIs) across North America.

Location intelligence has never been more important and valuable for business decision makers as we move into a cookie-less, digital world with increasing regulations on privacy compliance. It’s becoming more difficult for marketers to find their target online in a fragmented digital universe. More decision makers are utilizing population intelligence data on how people move in the physical world. Where they live, where they work, where they play and where they travel are just a few data points helping marketers make more intelligent decisions. 

This post will help you understand everything you need to know about Motionworks® Placecast® Syndicated location data intelligence.

What is Placecast® Syndicated?

Placecast® Syndicated provides robust insights into visitation to points of interest (POIs) across North America in the Motionworks® Citycast™ platform. Motionworks® POIs include small locations, such as stand-alone fast food restaurants, large geographies, such as a beach or state park, and even billboards on the side of a road. 

Users can understand who is visiting a POI, how long they are staying, the neighborhoods they live in, how often they visit, and what they like to buy – making it a valuable tool for any business to utilize for intelligent decision-making. 

What type of location data intelligence does it provide?

Weekly activity. Get insights on historical and near-real time location data on the weekly activity history of places and regions from the beginning of 2019 to present.

Audience Insights. Understand and analyze in-depth profiling information on the types of people who visited a place or region. This includes information on standard demographics such as age, income, and race. It also provides  information on thousands of audience segments such as brand preferences, intent to purchase, media consumption, political affiliation, banking, and more. 

Origin Information. Placecast® Syndicated contains robust data on the neighborhoods in which visitors live. This data is anonymously aggregated to zip codes, counties, CBSAs, DMAs, or State so that users can understand which areas are contributing the most visitation to their venue (or their competitors’ venues) to optimize marketing, site selection, and more.  

What types of population activity is analyzed?

Motionworks® believes in responsible data and has established normative dwell thresholds by venue type to determine what constitutes an actual visit versus a drop off or a someone simply passing by.

Users can analyze location visitation activity by visits, dropoffs, passbys and stays. In addition, the location data can be broken out by total visits in any given week or unique visits, just like website analytics. Motionworks® even provides the ability to remove employees, or cut the data based on local versus non-local visitation.

How can Placecast® empower your business?

Foot Traffic Analytics. 

What zip codes should I be using with my direct mail campaign to grow repeat business on current visitors?

What are the population analytics on my best performing stores?

How do my daily traffic patterns compare to my competition?

Location planning. 

Is there an opportunity to open a new location based on the geographic areas customers are traveling from?

What is the best place in the city to open a new store based on competitor traffic performance?

Is this commercial property the best place to lease based on who my target demographic is?

Accelerating Advertising Revenue.

Do I have the right geographical media coverage based on where my customers are traveling from?

How can I optimize my digital media based on my top performing zip codes?

What cable TV zones should I consider to maximize my marketing investment?

Attribution analysis.

Is our messaging growing the desired demographic age group?

Did our business grow in the zip codes where we leveraged direct mail?

Are my marketing efforts impacting visitations?

Placecast® Syndicated in action: Example

Myrtle Beach, SC was recently named the #1 fastest-growing place in the US. (source: Real Estate-US News)

Looking at location data for a local Home Depot in our Citycast™ platform, the population appears to be doing some home improvement projects as they settle into this vacation hot spot. Check a few data visitation data points below. 

Three Easy Ways to Access Placecast® Syndicated Location Data Intelligence: 

  1. API: Direct integration into third-party platforms.
  2. Snowflake: Download data directly.
  3. Citycast™: Motionworks® proprietary software. 

 

Ready to dive into Placecast® Syndicated? We’re here to help. Book a demo here.