Why Geofencing Works for B2B Companies?
In a competitive and ever-evolving landscape, B2B companies need to continually test, adapt, and innovate how they reach their customers.
Geofencing’s versatility across B2B industries makes it a valuable secret weapon for companies to include in their offerings. It not only helps with new business, but also improved brand awareness and client retention.
Here’s a few reasons why geofencing is so effective for B2B companies:
Geofencing allows agencies to reach individuals who are physically present at locations that indicate strong purchase intent. B2B companies tend to have niche target audience and can easily know exactly where their audiences will be. By setting up a virtual boundary, or geofence, around specific places, you can capture the mobile devices of potential buyers who are actively shopping or engaging with related businesses.
Example: Offices, factories, corporate events, homes, etc...
Traditional advertising can often reaches people who are not currently in the market for your products or services. While these methods still have value for brand awareness, geofence advertising dramatically reduces ad waste by focusing only on those who have visited relevant, high-value locations.
This precision targeting ensures every dollar of your marketing budget works harder and delivers stronger results.
One of the biggest challenges for B2B companies is proving the return on investment of their campaigns. Geofence advertising makes this simple by providing clear, location-based conversion tracking.
Using the same targeting technology, you can see when someone has viewed an ad and then physically visited your location(s). This level of attribution helps you see real-world impact and confidently report measurable results if you care about physical conversions.
The customer journey rarely happens on a single device. Geofencing campaigns can deliver display, video, and OTT/CTV ads to a consumer’s mobile phone, tablet, smart TV, and home computer through initial targeting and cross-device matching.
This multi-device approach keeps your brand top of mind and ensures consistent messaging across even more touchpoints.
B2B audiences tend to be smaller and more niche. With geofence advertising, you are able to leverage the affordable rates (CPMs) of display, OTT/CTV, and video pre-roll advertising to crank up the frequency on your smaller audience. This means that you're following your audience around on their TV, cell phone, tablet, and computer and making it seem like your brand is everywhere without breaking the bank.
Create additional touch points at the corporate events you attend and reach those you want to be in front of at the event you can't attend. Event geofencing is now offered as a managed service and will be coming to the Qujam platform soon.
Case Study
Check out this B2B case study on how a temporary fence manufacturer increased their sales opportunities 150%+ using geofence advertising.
Problems Geofence Advertising Solves for B2B Companies
B2B Companies face a number of persistent challenges. Geofence advertising provides a direct and effective solution to many of them.
Problem: A company is running an Account-Based Marketing (ABM) campaign targeting 50 specific high-value firms. They use IP targeting, but ads are served to every device in the corporate park or residential IP range, leading to high cost-per-impression (CPM) and low engagement from actual decision-makers.
The Qujam Geofencing Solution: Qujam allows marketers to manually draw highly-accurate Building Footprint Geofences around the exact physical building or campus of the 50 target accounts. This precision targeting ensures that ad spend is dedicated almost exclusively to devices associated with employees inside the target buildings, drastically minimizing waste and focusing impressions only on the desired audience pool for maximum ROI.
Create a Qujam Geofencing Account
Self-served geofence advertising for ad agencies!
Qujam makes it incredibly simple to get started with geofence advertising. You don't need to be a marketing genius or have a massive budget. Our intuitive DIY platform puts the power of geofencing directly in your hands.
- Sign Up for a Free Account: Create your account in minutes.
- Create Your Profile: Enter your profile information, set up your organizations, payment information, and saved conversion zones.
- Create a New Campaign: Click on the New Campaign button in the Dashboard and follow the easy to use set up steps. If you get stuck at any point, click on the "i" icon in the blue circle for tips, info, and videos on our How To Use Qujam pages.
- Launch Your Campaign: If everything is completed correctly, launch your campaign.
- Track Your Success: Our real-time dashboard gives you a clear view of your campaign's performance, including impressions, clicks, and conversion zone foot traffic.
- If You Need Help, We're Here For You: You can schedule demo to walk through the campaign set up, reach out to use for creative development, or contact us with any questions. Our website is also full of FAQs, how to use Qujam info, and other resources.
The advertising industry is constantly evolving. Clients, audiences, and competitors all change, and the tools you use must evolve as well. With Qujam, you can move beyond outdated, inefficient advertising methods and embrace the most precise, effective, and measurable technology available.
Stop guessing and start winning. Get started today and drive your clients’ success with Qujam Geofence Advertising.