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27 October 2024

IoT advertising: How smart campaigns boost your market success

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IoT advertising** opens up completely new opportunities for companies to design their campaigns in a targeted and effective way. Connected devices continuously collect and analyse data so that marketing messages can be precisely tailored to the needs and habits of users. This makes it possible to personalise the customer approach and measurably increase market success.

The potential of IoT advertising for smart campaigns

Smart Retail is a vivid example of how **IoT advertising** supports sales. Beacons in shops recognise customers and send individual discounts or product recommendations directly to their smartphones. This incentivises purchases at exactly the right moment, which often leads to a higher conversion rate. Wearables such as fitness wristbands also enable new forms of advertising. Health data can be used to provide relevant, customised offers, for example for sporting goods or wellness products.

Networked household appliances also play an important role in the smart home sector. A smart refrigerator automatically informs the user when supplies are running low and can be linked to promotional offers from food retailers. This combination of data-based analysis and direct targeting makes IoT campaigns particularly efficient.

BEST PRACTICE with a customer (name concealed due to NDA agreement): As part of an innovative IoT advertising campaign, sensors were used in a shopping centre to analyse the weather, customer frequency and purchasing behaviour. Thanks to the real-time data, the outdoor clothing advertised in the campaign was dynamically adapted so that more suitable products were displayed in cool, rainy weather. The response rate increased significantly compared to conventional advertising campaigns.

How targeted communication through IoT advertising works

IoT makes it possible to understand the customer journey down to the last detail. Devices such as wearables or connected household items provide insights that traditional marketing methods do not offer. For example, geofencing can be used to reach users in a specific neighbourhood with tailored offers. Burger King used this as an example by sending customers in the immediate vicinity of a competitor a favourable offer on their smartphone.

The control of advertising messages based on usage data is also a strength of IoT advertising. A household appliance company shows customers who mainly cook in the evening targeted recipe ideas or new products for evening use. In this way, marketing measures are personalised in a meaningful way and lead to improved customer loyalty.

BEST PRACTICE for a customer (name concealed due to NDA contract): A smart home provider integrated an advertising channel into its app that provided product recommendations based on individual lighting and heating habits. Users reported a significantly higher relevance of the offers, which led to an increase in orders.

Advantages of using data in IoT advertising

Data is at the heart of effective IoT campaigns. Sensors and connected devices give marketers a detailed picture of the behaviour and preferences of their target groups. This means that marketing messages can not only be personalised, but also adapted to changing conditions in real time. Intelligent energy management in buildings, for example, can lead to advertising campaigns for corresponding products or services, tailored to actual consumption.

IoT also supports the automation of customer journeys. Predefined actions can be triggered as soon as certain events occur - such as a discount offer when the user is near a shop. This significantly increases the relevance of advertising and supports customers in making targeted decisions.

BEST PRACTICE at a customer (name concealed due to NDA contract): In a project framework for Industry 4.0, sensor technology was used to inform users in good time before maintenance was required. At the same time, suitable offers for spare parts and services were displayed, which not only optimised maintenance but also increased the sales result.

Successful implementation with support from iROI coaching

In order to realise IoT advertising effectively, strategic planning and a deep understanding of the technology and target group are required. This is where collaboration with iROI Coaching comes in. This support helps companies to define the best use of IoT data, structure campaigns and optimise the return on investment.

iROI coaching provides impetus for the goal-oriented use of IoT technologies and provides support throughout the entire course of the project. Clients often report that this advice not only enables them to design more efficient campaigns, but also increases user acceptance and makes the monitoring of campaign results more precise.

BEST PRACTICE with a customer (name withheld due to NDA agreement): A medium-sized retailer modernised its sales strategy and implemented smart IoT advertising formats with the help of iROI coaching. The coaching helped to structure the data flows and develop targeted messages. Customer reach and customer satisfaction improved significantly.

My analysis

The integration of IoT in campaign marketing opens up a wide range of opportunities for companies to improve the customer experience and market success. Customers can be effectively reached and retained with data-driven, personalised advertising messages. The use of modern technologies such as beacons, wearables and smart home devices is crucial here.

The practical application scenarios from various industries show that professional support, such as iROI coaching, helps to overcome complexity and achieve sustainable results. Those who rely on smart IoT advertising accompany their audience through networked touchpoints in a personalised and value-adding way, thereby increasing their return on investment.

Further links from the text above:

Internet of Things (IoT) - ImpulsQ

3 Excellent Examples of IoT Marketing Strategies - Lxahub

The Internet of Things and its significance for marketing - Opresnik

For more information and if you have any questions, please contact Contact us or read more blog posts on the topic internet Return on Investment - Marketing here.

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IoT advertising: How smart campaigns boost your market success

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