At Hansa Cequity, we believe Analytical Marketing  will be the biggest competitive advantage enterprises will have in the next decade or two. Successful enterprises of tomorrow will be the ones who can organize and leverage customer information at speed ,to optimize their marketing performance, increase accountability, improve profit and deliver growth. Hansa Cequity insights will bring to you trends and insights in this area and it's our way of sharing best practices so as to help you accelerate this culture and thinking in your organization. We call this kind of an approach Analytical Marketing and we will constantly bring in "best practices" for improving your capabilities in Analytical Marketing.

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Our electronic footprints!

  
  
  

I wrote earlier about data privacy issues and how customers are willing sometimes to share data with marketers in return for specific benefits. What about data which gets picked up without you even knowing about it? Scary right!!

Nick Gonzalez has this interesting comment about this fascinating company:

Path Intelligence is a U.K. based company that monitors foot traffic in a rather ingenious way, through customers’ cell phones. Periodically our cell phones ping the nearby cell towers basically saying “Here I am”. Path Intelligence has built receivers that detect these signals and triangulate the owner’s location with accuracy of up to a meter.

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Path Intelligence can then map these signals and track anonymous customers as they move around and answer questions about the store’s layout through online reports. Where are the bottle necks? Where do customer’s spend the most time. How many customers browse and go?

Here is my take:

  1. This would be a fascinating way to analyse footfall within a store. It might lead to a better way of staffing different departments within a store. Or even locating another cashier till!
  2. Imagine how this can be used effectively to understand which part of an exhibition or conference was visited more. Check this out: http://www.slideshare.net/brady/where-20-path-intelligence
  3. Look at the rich analytics that you can do by marrying the footfall data with conversions within the store(cash memos per footfall)

Comments

Interesting use of technology here - it could be a brilliant idea to nudge customers in to a store - simply tracking their movements and brining them back hen they move too far away from a desired store. something that could work well in a large mall, airports etc.
Posted @ Sunday, September 05, 2010 10:49 PM by anand siva
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