What Lies Beneath Impressions and Clicks

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What Lies Beneath Impressions and

Clicks: Mining Foursquare to

Improve Day parting for Location-

Based Mobile Advertisers

Sy Banerjee,

Vijay Viswanathan,

Kalyan Raman

Hao Ying

Location Based Mobile

Advertising

• According to e Marketer, LBA is a rising star

The Problem

“However, as I looked at Sense’s list of the “top 50 brands with the biggest retail retargeting opportunity in mobile,” I noticed a problem — although I’m almost always within the presence of one of them, I only frequent a few of them. While I always seem to find myself nearby a Subway (ranked highly on Sense’s list because of its omnipresent nature, presumably), I can’t imagine the company could place an ad on Angry

Birds good enough to lure me inside.”

LBA

LBA is more effective than standard mobile advertisements due to the added relevance by geographical proximity (Jagoe 2003; Unni and

Harmon, 2007).

But context affects the effectiveness of LBA.

Specifically

Location –Public/Private (Banerjee & Dholakia, 2008)

Task Situation-Work/Leisure(Banerjee & Dholakia, 2008)

Audience Gender (Banerjee & Dholakia, 2012)

Can we time/schedule ads to reach consumers when engaged in different activities? How do we find out what who is doing, and when?

Why Day part?

Right Audience + Right Time = AD RELEVANCE

+

Why Day part?

Day parting Goals by Media

• TV :

DV : Viewer

Engagement

• Internet :

DV :

Clicks,

Purchases,

Click through rates

How to Make LBA more

Relevant?

Goal of LBA : To bring people physically to the store

In a place like Times Square, where there are so many things to do, (work, exercise, tourism, shop, eat,) a location of 2 mile radius is not sufficient to determine relevance. The activity patterns of the people must be known to make the ads congruent and relevant.

Foursquare : Insight into activity patterns

Methodology

• We mined data from the API of Four Square, a

SoLoMo application, and retrieved 87,000 check-ins from 2 miles radius around Times Square, New York, during a summer month.

• The data related to individuals checking in to various businesses, including bars, restaurants, shopping malls, movie theaters, workplaces, fitness centers, etc.

• Gender and residence location of the user was used to analyze the day of the week, time of the day and location of checkin to reveal individual patterns of activities over time .

Arts & Ent. Top Choices

MADISON SQ

GARDEN 13790 (24%)

MOMA 5295 (9%)

Event apocalypse

5278 (9%)

Webster Hall

2843 (5%)

Regal Union Square

Stadium 14 - 3882 (7%)

Arts & Ent. Check-ins

Subcategory

General Entertainment

Movie Theater

Museum

Performing Arts Venue

Stadium

12am to

12pm

2034

555

852

495

471

12pm to

5pm

2238

2118

1953

669

1047

5pm to

12am

3327

6051

890

6291

7213

Predicted

Probabilities

0.21

0.24

0.10

0.21

0.24

No. of Category Check-ins by Hour

12000

10000

8000

6000

4000

2000

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Top Food Brands

2703

(10%)

1245

(4.6%)

1196

(4.4%)

1019

(3.7%)

991

(3.6%)

Subcategory

American

Asian

Quick Bite

European

Mexican

Food Check-Ins

11pm to 11am 11am to 2pm 2pm to 5pm 5pm to 11pm

327

325

1942

119

73

2228

203

4662

384

1020

798

115

1327

98

161

3596

765

711

330

744

Predicted

Probabilities

0.35

0.07

0.43

0.05

0.10

No. of Category Check-ins by Hour

6000

5000

4000

3000

2000

1000

0

EATLALY

3300 (13%)

Shopping & Service

- Top Picks

3178 (12%)

Shopping Check-ins

Subcategory

Department Store

Electronics Store

Food & Drink Shop

Gym or Fitness Center

Other Stores

12pm to 11am 11am to 5pm 5pm to 12pm

358

179

1038

1341

77

1721

401

3545

705

689

760

157

3508

3316

526

Predicted

Probabilities

0.15

0.04

0.44

0.29

0.07

No. of Category Check-ins by Hour

4500

4000

3500

3000

2500

2000

1500

1000

500

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Night Life Top Check-ins

230 Fifth Rooftop

Lounge - 882 (5%)

732 (4%)

909 (5%)

STOUT - 680

(3.5%)

Lillie’s Victorian Bar -

605 (3%)

Night Life Check-ins

Subcategory

Beer Garden

Cocktail Bar

Lounge

Other Bars

Pub

Sports Bar

3am to 6pm 6pm to 9pm 9pm to 3am

223

111

259

89

1177

824

215

374

375

159

2074

1552

54

375

1106

211

2752

988

Predicted

Probabilities

0.04

0.07

0.13

0.04

0.46

0.26

No. of Category Check-ins by Hour

2500

2000

1500

1000

500

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Analysis

• Divided each category into suitable number of subcategories o Combine subcategories that could be perfect substitutes o Ensure sufficient observations to estimate parameters

• Used a Multinomial Logit Model for the estimation o Evaluated addition of various 2-way and 3-way interactions in the model o Report results for models that had the best fit based on Log-Likelihood scores and BIC

• Given the large number of coefficients estimated for each subcategory, we report only the net average marginal effect

Average Marginal Effects

Gender, residence location, time, day of the week

Gender

& Residents/tourists

• Men are more likely to go to the stadium for entertainment, electronic stores for shopping and sports bars for nightlife

• Women are more likely to go to museums, movies, performing arts, Department stores for shopping and Lounges for nightlife.

• Locals are more likely to go for general events,

Asian food/quick bites, fitness centers and pubs for nightlife.

Interaction Effects – A&E

Interaction Effects- Food

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