RadioShack Leverages Verve's Dynamic Mobile Ad Units to Drive In-Store Traffic.
Mobile campaigns key to meeting strategic objectives
NEW YORK, March 21, 2012 /PRNewswire/ -- Verve Wireless, Inc., a leading U.S. mobile advertising company specializing in location centric solutions, recently ran back-to-back mobile campaigns for leading electronics retailer RadioShack that showcased the evolution of targeted mobile advertising, and the application towards driving offline/ brick n' mortar retail sales.
RadioShack was looking to drive in-store traffic and reinforce their position as a leading destination for purchasing mobile phones and accessories by targeting consumers who were nearing the end of their contract cycle and in the market for a new phone. Taking advantage of Verve's advanced targeting, precision location aware network, and anonymous consumer indexing, RadioShack's agency Mindshare Chicago put together a program that tied together mobile circulars and location-aware dynamic ads that exceeded all measures of success.
"We partnered with Verve because we knew they could help us move beyond the banner and create a mobile strategy that addressed the client's key objectives in a unique and innovative fashion," said Elizabeth Elliott, Senior Associate, Mobile Consultant at Mindshare Chicago.
The initial campaign ran through the holiday shopping season and was recently renewed. Key performance metrics from the initial campaign showed 2x engagement rate over the national average. Performance of targeted dynamic ads peaked on Tuesdays and Wednesdays, while overall click-through-rates were highest on Black Friday and Cyber Monday.
"It is professionally gratifying to see brands like RadioShack, and their agency Mindshare, take advantage of some of the more advanced mobile advertising solutions we have on our premium network, and how these techniques are driving direct business success," said Greg Hallinan, Verve's Chief Marketing Officer. "We're excited to continue our relationship with Mindshare to help RadioShack meet their business objectives."
About Verve Wireless
Verve helps hundreds of local and national advertisers reach a valuable, premium audience where they live, work and play. Over 2,000 publishers use the Verve platform to manage their mobile advertising businesses. Verve has offices in San Diego, CA, Washington D.C. and New York, NY. For more information, visit www.vervewireless.com.
About Mindshare
Mindshare is a global media and marketing services network with billings in excess of $27.8 billion (source: RECMA). The network consists of 115 offices in 82 countries throughout North America, Latin America, Europe, Middle East, and Asia Pacific, each dedicated to forging competitive marketing advantage for businesses and their brands. Mindshare is part of GroupM, which oversees the media investment management sector for WPP, the world's leading communications services group.
SOURCE Verve Wireless, Inc.
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