Viant Launches New QSR Solution
Deterministic Targeting and Measurement Capabilities Empower National And Regional Advertisers to Drive Measurable ROI
IRVINE, Calif., May 28, 2019 (Newswire.com) - Viant, a Meredith Corporation people-based advertising technology company, today announced the launch of its new QSR solution. The new offering enables national and regional quick service restaurants (QSRs) to target valuable audiences, measure offline sales and optimize campaigns on the fly. With Viant’s people-based approach and first-party data, QSR marketers can marry device location to an individual, showcasing the impact of a given campaign.
Using data on location and credit card transactions, as well as machine learning to define purchase patterns, marketers can better understand the QSR customer journey and identify new segments at scale. Viant’s recent white paper, “Demystifying Quick Service Restaurant Customers,” found that not all customers respond to media in the same way. For example, a QSR’s most loyal customers are 3x more likely to visit in-store after exposure to a mobile ad, and 6x more likely after exposure to a desktop display ad. With this in mind, Viant’s QSR product enables marketers to identify key customer segments and reach them across all channels including mobile (specifically in-app tap for directions and digital orders), DOOH and audio.
An important metric for QSR marketers is understanding exposure to conversion. With Viant’s QSR offering, marketers don’t only have access to offline sales metrics, but also insights on how long it took from when a consumer was exposed to an ad to when they visited the restaurant. Leveraging these insights can inform creative so QSRs can adjust advertisements and attract specific diners at key times of the day.
“With our QSR offering powered by location and transaction data, Viant is creating a more comprehensive solution for advertisers looking to improve their targeting and measurement capabilities,” said Jon Schulz, CMO at Viant. “Being able to shift budgets towards the best performing channel, whether it’s phone, in-app, desktop, TV or DOOH, helps marketers maximize ROI.”
Through Viant’s new QSR solution, brands can gain insights on how to boost in-app food orders as well as drive people to physical stores. Additional partnerships with leading foot traffic measurement companies strengthen Viant’s attribution platform and tie media exposure to online or in-store visits.
Viant Technology LLC is a premier people-based advertising technology company, enabling marketers to plan, execute and measure their digital media investments through a cloud-based platform. Built on a foundation of people instead of cookies, the Viant ® Advertising Cloud provides marketers with access to over 250 million registered users in the U.S., infusing accuracy, reach and accountability into cross-device advertising. Founded in 1999, Viant owns and operates Adelphic and is a member of the Xumo joint venture. In February 2018, Meredith Corporation (NYSE: MDP) acquired Viant parent company Time Inc. (NYSE:TIME) and all its subsidiary companies, creating a cross-channel ecosystem of nearly 200 million unduplicated American consumers every month, including 85 percent of U.S. Millennial women. Viant is a 2018 Inc. Magazine Best Workplaces award winner.