Indoor Positioning System

What is Wayfinding Technology? And How Beneficial Are Interactive Wayfinding Solutions for Enterprises?

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When Amerigo Vespucci, the Italian explorer from the late-middle ages, used his cartographic skills to outline a map of the American continent in order to differentiate it from Asia’s eastern boundaries, many explorers suspected his navigational abilities as the sketch did not comply with Columbus’ conjecture. However, his discovery was soon acknowledged and his navigational abilities were lauded across the European continent for introducing them to the map of the ‘New World’. Vespucci’s work gained so much popularity that an entire continent was named after him! In today’s world, satellite-based navigation using ‘smart’ devices has taken over traditional practices involving the use of compass & charts. GPS is the term associated with locating the exact position of an object or person using the earth’s geo-coordinates. Which means that there won’t be any more debates about whose map is right. Right? Adaptive Wayfinding Technology As our technological journey heads north, wayfinding & navigation have been increasingly used for locating and reaching points of interest. But what happens when you need navigation indoors, especially in large facilities spread over large tracts of land? Can you imagine finding points of interest in a huge resort, an airport, a zoo, a shopping mall or a convention center without a guide? As GPS does not work indoors due to infrastructural constraints, what is needed for accurate wayfinding is an indoor positioning and navigation system which works on multiple ‘smart’ platforms and records location data in real time. This is known as adaptive wayfinding technology – it aids in real-time wayfinding, supports location-based services and serves attendant purposes such as geofencing. Added to these, the best indoor wayfinding system also works offline, drawing location coordinates from strategically placed hardware such as beacons or RFID tags. Smart Wayfinding Technology – Industry Applicability Smart technology refers to applications and devices which successfully integrate multiple features into one, holistic interface. Let’s take social media apps for instance – a few years ago they were predominantly used for exchanging info through text messages only. Nowadays, the same apps can be used for messaging, uploading pics/videos, sharing live location, and transferring funds among others. This evolution in technological integration gives rise to dynamic, hybrid apps, of which smart wayfinding technology is a product. This section explores the industry applicability of wayfinding technology, outlining the advantages varied facilities can get by adopting this disruptive tech. Museum Wayfinding How has museum management evolved over the years, especially in the context of readily available digital tools which allow access to multiple audio-visual sources of information? Do museums still enthrall visitors the way they did earlier? Or are museums themselves a thing of the past Well, museums can still stay relevant and enhance visitor experience if they turn to indoor navigation technologies. Wayfinding technology-based apps which incorporate location-based services in a museum environment amplify visitor experience by enabling visitors choose a path within the facility, get exhibit info relayed directly to their smart devices, receive vital updates regarding the no-go zones & events, etc Zoo Wayfinding Zoos are spaces for fun, frolic, and facts. However, given the space in relation to the time spent by visitors, it is often the case that a big chunk of them do not get to see most, if not all, specimens from the animal kingdom in a single day. This problem occurs because visitors are unable to plan their route, thus narrowing down their options of what to see and when. While the feline section draws a lot of attention & time, we realize that by the end of the day that the reptiles section hasn’t been updated at all! At this juncture, it becomes important for the Zoo management to focus on vital visitor experience signs to keep them engaged in a bid to ensure brand vitality. It’s in this scenario that zoo wayfinding technology becomes imperative for adoption as it doubles-up as a ‘smart’ interface between visitors and the facility managers. When users can access the entire floor plan of the zoo, bookmark their locations, get notified about events, use animal face recognition to understand species better, and locate their family & friends with ease – all on their smart devices, the zoo definitely scores better feedback. Airport Wayfinding Extensive facilities such as international airports face a constant challenge when addressing visitors’ concerns and queries. Despite their best efforts to provide reliable responses to travelers, there emerge instances when the airport management needs the support of technology to ensure smooth operation of the facility.   Indoor wayfinding & navigation technology is the most appropriate interface which can be adopted by large airports across the globe. As mentioned earlier in this post, when this tech can be dovetailed with features such as geofencing, location-based services and instant messaging options, it truly translates into an adaptive technology. Campus Wayfinding Educational campuses spread over a large area inevitably need indoor positioning & wayfinding solutions for accurate campus navigation. With real-time information made available on users’ smart devices, locating points of interest becomes effortless. In addition to navigation and wayfinding, the ‘campus navigation’ platform can be customized to aid in event management, schedule courses, and relay notifications & alerts among others.

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What Are Smart Office Solutions?Indoor Collaboration Meets Smart Building Technology [Smart Office Technology]

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In industry circles, the discussions around adopting smart office solutions predominantly focus on two aspects – technologies which can automate processes related to lighting management, energy usage & statistics, HVAC infrastructure management, and common spaces (conference/meeting rooms, pantry area, sick bays etc.) usage, which are collectively known as ‘smart building technology’ and two, on workforce collaboration tools designed to enhance productivity while keeping staff notified on latest developments at the office. While they seem most relevant, these smart office technologies are not dynamic. These are needed by today’s offices, of course, especially by large ones. However, for tomorrow’s offices, infrastructure & operations managers need to look at emerging technologies which are truly smart. The need is to look at real-time technologies which combine flexible hardware with a user-friendly application interface. For that, we need to look beyond tech that guarantees isolated management of devices and bring into the picture a robust, dynamic tech which integrates varied processes into one comprehensive unit Simply put, smart office technology is the combination of smart buildings and workforce communication tools. Smart Office Technology Popular notions about smart office technology look at solutions aimed at cutting through redundancies generated from lighting, security systems or the HVAC infrastructure. Market analysis & projection firm Market Insights Reports’ latest release focusing on the global smart office market scenario from 2020-25 looks at these aspects as well. However, emerging technologies for deft management of office spaces, especially large ones, includes management of both hot and cold, movable and immovable assets located within the facility. While lighting, HVAC, tables & chairs, paper printers, conference rooms, telecommunication devices can be considered ‘cold’ assets as they do not move frequently within the building. In contrast, the workforce, products, stationery & pantry ware can be considered ‘hot’ assets as their movements are more frequent. Sensor Based Smart Office Solutions… And Beyond Research in the area of smart office solutions indicates that smart device based applications can control various aspects of the office environment. Use of appropriate hardware in combination with a user-friendly interface is the solution – sensors can be used for hardware for this office control system. Aspects of the office environment include: Temperature & Lighting Control Conference/Meeting Room Attendance & Usage Statistics Top-Down Communication In addition to sensors, beacons or RFID can also be used as hardware to tag assets and track them in real-time in an office space. While there are hardware options which aid ‘smart’ management of the office, the choices for a software or APK are limited. You either get an application-based system for regulating few of the issues related to temperature, lighting & usage, or gather historical data through CCTV footage. What is needed is an interactive indoor collaboration app for office spaces which can give you data points from a 360-degree office management perspective, in real-time.   A really ‘smart’ office solution should aid office management in: Real-time Asset Tracking Hoteling & Reservation Decentralized, Instant Communication for Events Location-based Services for Positioning & Navigation Geofencing Smart Office Solutions – Dynamic Apps As has been suggested in this post earlier, there are quite a few apps from which one can select an app for gauging building performance in an office environment. However, the need of the hour is a holistic, responsive application which can be used across smart devices (phones & tablets) and web browsers. What becomes the key benefit is the availability of building usage data in real-time. As a facility manager or the head of operations, imagine the edge you will have when you are precisely aware of who’s using the conference room and when, crowd concentration in specific areas compared to others, average usage of electrical equipment, etc. – all on the screen of a smart device! These are dynamic apps – made using innovative & interactive technology, smart office solutions support data-driven decision making of an office space, especially large corporate campuses which are spread over an expansive area.

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How Does RFID Asset Tracking Work? And Which Industries Can Deploy This System? [RFID Asset Tracking Solutions]

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Radio-frequency Identification (RFID) is a process used by multiple industry segments for tagging and tracking assets in real-time. Assets could include both movable and immovable objects, or people. RFID asset tracking works with the help of hardware such as tags for storing information electronically, which can be then retrieved by users through readers.   What is RFID? – A Brief Introduction RFID tags use electromagnetic fields from radio waves for automatic identification and data capture, and are of two basic types – active and passive. A variation of the passive type is known as battery-assisted passive. Every tag consists of an integrated circuit and an antenna which transmits data to the reader. Interrogator is another term for the RFID reader. While it is similar to a barcode, RFID, however, has several advantages over a barcode as it doubles up as an asset tracking software in real-time. One of the primary advantages RFID has is that it does not require line of sight reading like a barcode. Key Features of RFID Asset Tracking System An RFID tag can read and transmit data of multiple assets at the same time Data read by these tags can also be updated by the tag itself in real-time RFID tags and readers come in different shapes and sizes, making them available for use in varied industry verticals for varied assets Assets for tracking could include apparel in a manufacturing unit, books in a library, products in a warehouse, people in an organization, or vehicles crossing a toll plaza The cost of an RFID system varies with the quantity of assets to be tracked in relation to the space of the facility The data generated from the reader can be seen on an application as well, through a smart device interface   RFID Asset Tracking Solutions – Industry Applicability As has been mentioned already, an RFID system can immensely alter asset tracking processes as it generates real-time data for strategic management and subsequent decision-making. A few of the major industries which use an RFID asset tracking system on a large scale include: Warehouses Libraries Corporate Campuses Manufacturing Facilities Resorts & Amusement Parks Toll Management Firms/Organizations Shopping Malls & Retail Spaces Travel & Tourism Hotel & Hospitality Healthcare & Wellness

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Location-Based Analytics: Marketing Trends for Retailers

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A critical part of the larger business intelligence (BI) domain, location-based analytics or location analytics allows organizations from varied industry segments to put together a composite space management plan by combining users’ geographic location with behavioral information obtained from various data generating channels such as smart devices, social media platforms or global positioning systems (GPS).   Location-Based Analytics: Market Trends For the retail industry, location based analytics can develop marketing strategies further to generate a better RoI. However, for this to happen retailers need to look at evolving trends from the location based services market. Market research firms project that this industry is growing at a rapid pace and is expected to reach USD 66.61 billion by 2026, at a CAGR of approximately 20%. The global retail analytics market, as projected by market research firm Fortune Business Insights, is currently valued at USD 3,494.6 million and is expected to reach USD 13,299.6 million by 2026, at a CAGR of approximately 19%. The report also mentions that retail analytics offer retailers the ability to create and collect data, analyze and arrive at robust decisions to increase their bottom line. Experts from the field of data analytics and retail management also suggest that ethical use of  location data can help in building long-lasting relationships with customers, while increasing their brand value to prospects. Location Data: Consumer Concerns v/s Consumer Benefits While there are users’ concerns regarding data protection & data ‘pinching’, retailers can benefit from this situation as the power of sharing location or spatial information remains with the users alone. Only when users agree to turn on their location will they be able to send or receive communication to/from a particular source. For instance, when in a massive shopping mall, users can notify stores in the vicinity about their presence by turning on their location sharing option on their smart device. Once this is done, store owners can relay flash deals to users through push notifications. As these messages are based on users’ proximity to the store, retailers can look forward to increased sales while consumers themselves can get their hands on their favorite merchandise, at a discounted price! Through the ‘willful’ sharing of location data, a concern has turned into a benefit for both the retailers as well as the shoppers. In another scenario, where occupants inside a facility need to transmit their location information on a regular basis as part of the company policy, it becomes imperative for the management of that particular organization to gather data without the users turning on their devices. This activity, however, varies from organization to organization and isn’t considered a universal norm. In most retail spaces, especially ones spread across large areas, customers tend to miss out on good deals & offers as visiting each store to check out what’s on sale is physically strenuous… which impacts customer experience of the space negatively. Which leads us to the next logical question – what is the appropriate technology for retailers to ensure enhanced customer experience leading to improved revenue? Location-Based Analytics: How to Choose the Right Tech for Marketing As depicted in the image above, retailers can thrive by adopting a smart application supported by Geolocation technology. This will help build better connections between them and their customers. In addition to proximity marketing, a ‘shopping mall navigation app’ can deliver additional benefits such as indoor wayfinding, location bookmarking, location based services, and real-time asset tracking. When combined, these individual benefits give rise to location based data of the user, which can in turn be used to make well informed marketing decisions. When it comes to gathering data based on a user’s location, the foremost technology that renders this service is the Global Positioning System (GPS). Applications used for maps & navigation, ride hailing, and dating among others use GPS as their primary tech platform. However, GPS tech is not effective indoors as the building infrastructure and its attendant paraphernalia negate the strength of the GPS signal. This poses a huge problem for large facilities such as retail spaces, corporate campuses, and healthcare centers among others. The solution lies in using Geolocation technology. Geolocation tech, when integrated with an easy to use and responsive interface, can enable accurate indoor navigation, location based services, and asset tracking. To aid these functions hardware such as beacons, RFID tags or NFC labels can be used. WiFi can also come in handy when its reach is evenly spread across the length and breadth of the facility. Also read our post on location based services trends in 2020.

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Location Based Services: Trends to Watch Out for in 2020

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Location Based Services (LBS) have arrived at an intersectional point in the dynamics of both technological, social and cultural progresses. Technologically speaking, use of GPS enabled smart applications has become as common as air in most parts of the developed world. And these applications mediate our social and cultural interactions on a regular basis throughout our waking life. Be it through use of navigation apps, social media platforms, or a simple web search, we have become one with our ‘smart’ device for improvising on the time taken for accomplishing tasks in relation to our lifestyle. And this is a crucial intersection, as suggested by Prof. Schöning during his keynote address at the annual edition of LBS18 in held in Zurich. He and his team investigate how people interact with digital spatial information and create new methods and novel interfaces to help people interact with spatial information. It is in this context that we present to you LBS trends to watch for in 2020, comprising of market trends and its applicability in various industry segments. Location Based Services – Market Trends Key regions from the Asia Pacific, North America, Europe, Latin America and the rest of the world were analyzed to gauge the potential of the Location Based Services (LBS) market and project its growth. This study by Kenneth Research, project the LBS and Real-Time Location System (RTLS) markets to grow at a rate of around 26% and reach USD 111 billion by 2025. As represented in the image below, an earlier study by MarketsandMarkets Research presented a global forecast to the tune of USD 40 billion by 2024. It’s going to be interesting to see the actual market numbers generated by this industry by the year 2025. Location Based Services: Applicable Industry Segments Retail With proximity marketing taking center stage among the various promotional strategies used by large shopping malls and expansive retail spaces, consumers can now look forward to tailored notifications and customized offers on their smart devices during a visit to their favorite mall. Simply put, proximity marketing refers to the process of relaying relevant messages to prospective consumers based on their location within the facility. For instance, a prospective customer on the 5th floor of the venue can be sent offers & deals from stores located on that floor only. For this to occur, the mall management needs a positioning & location platform, which then works as an interface between the sellers and buyers Once the customer receives a push notification based on his/her location, it become easier for them to avail a flash sale or a rolling offer. Store owners can also send special coupons or discount keys to customers’ smart devices, thereby increasing their scope of revenue generation. While its application and benefits are many, retail spaces need to ensure the tech platform they deploy for pushing notifications to customers is calibrated based on precision and high location accuracy. Here are a few ways how retail spaces can engage customers better Provides Relevant Ad Campaigns Brand Awareness Better Discounts Personalized Communication Accurate Market Information Healthcare Growing numbers indicate that large hospitals, niche healthcare and restorative centers in some parts of the globe have begun implementing a tech platform known as real-time location system (RTLS). This move will gradually bring about the exit of legacy systems like queue management, communication tools for workforce collaboration, etc., paving the way for composite tech platforms working in synchrony with the ubiquitous smart devices. A few American healthcare centers have gone the extra mile by deploying a smart app which allows patients and/or their aides to interact with staff on their Smartphones, through an engaging user interface. Corporate Campus Expansive corporate campuses need the right technology to optimize attendant processes such as hoteling & reservation, workforce collaboration, and a virtual perimeter – a geofence. Among the various types of location based services, Geofencing has become particularly sought after as it generates instant data about building security. One significant application of geofencing technology is that once installed, it keeps track of all the devices entering or exiting a facility, thus proving facility managers & security departments with key inputs related to facility security. University  An integrated software application can aid in deft management of educational institutions which are spread over a large tract of land. Universities, especially, house students in big numbers and the data generated is immense. Too ensure data processing is streamlined and information is relayed to the student community in real-time, it becomes imperative for educational campuses to deploy a high-tech platform which responds based on the location of the user. The above image depicts the projected growth of student information system market across the globe, focusing primarily on developed and developing countries. However, the need of the hour is an integrated system which supports functions such as positioning & navigation and instant notifications among others. This creates a win-win for both the university administrative body and its intended users – the students. While the management can relay important information related to the university calendar of events and vital dates to note, the students can register for conferences, check availability of conference rooms, and apply for interdisciplinary courses among others. In addition to this, the tech platform can aid in real-time staff communication and synchronization. Visitors to the varsity too can wayfind and navigate effortlessly once this app is downloaded on their smart devices. Find more information on campus navigation solutions here.

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Geofencing: Applications, Benefits, and Challenges [Geofencing Technology]

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Large facilities across the globe have been increasingly using geofencing technology to secure their perimeter and keep track of devices entering or exiting the facility. In addition to this, its advantages include real-time information on facility usage including asset tracking. This post explores the applications, benefits and challenges presented by Geofencing technology. According to Google, “geofencing is a virtual geographic boundary, defined by GPS or RFID technology, that enables software to trigger a response when a mobile device enters or leaves a particular area.” In simpler words, an area surrounded by a virtual fence (Geofence) allows the admin to map the number of devices which come in and go out of the facility. In a government space such as a military base or a scientific establishment it allows for heightened security as visitors and their behavior can be mapped in real-time. In a retail facility such as a shopping mall, the mall admin can push notifications of offers and deals of visitors located within the confines of this virtual perimeter. All this can be accomplished using a mobile application with geofencing technology. However, to trigger response from users, they need to relay their location, making their devices recognizable for instant and real-time notifications. What Enables Geofencing Technology? With the use of Global Positioning System (GPS) satellite network and local radio-frequencies such as Wi-Fi, Bluetooth and Beacons, geofencing technology works as an instant responsive tool for people. Geolocation technology is undoubtedly a global phenomenon, for instance: you get into your car after work and commute towards home and suddenly a notification pops up in your phone saying that the route you are about to take consists of heavy traffic. This allows you to pick an alternate route and reach your desired location on time, every time. Geofencing technology is the reason behind this magic and this technology is said to be the marketing marvel in the promotion industry as well, states a survey. How Does Geofencing Work? There are 4 important elements to understand how this technology works: The barrier The crossing The messaging and The permission Firstly, the barrier is a preset placed with the help of technology restricted to limited geography which could be small, big or unimaginably huge facility. The crossing is when the user enter your predefined zone and you will know it because the mobile phones of the users are often integrated with geofencing and this primarily works with Bluetooth. The messaging is when the user enters the geofencing territory, a communication will be sent to the users individually via text messages, push notifications, and digital ads. The permission is the most important part of this transaction, though it is mentioned last. To make the geofencing campaign work, users need to allow you to have access to your GPS information (location turn-on). This will work as permission granted step from the user point of view in order to send notifications, messages, and promotions related to your product, service or what not. Applications of Geofencing With impeccable productivity and instantaneous to-do lists to routine household management, geofencing technology has found acceptability in a wide range of applications over the years. Here are a few of them: Uber Walgreens BMW Taco Bell Jet Blue Uses of Geofencing: Location Tracking & Asset Monitoring Almost all the contemporary enterprises today are already part of the geofencing family. Today, location-based promotions have become a boom and every other mobile app has integrated it for the promoting their product or service. Geofencing can not only work as a mobile marketing tool alone but can extract the following in various industries as well: User Tracking and Analysis Facility Control Security Productivity Geofencing – Challenges The benefits of using geofencing technology are many but, however, there are few challenges faced by the users and the management. Privacy Concerns : As the users need to disclose some of their information in order to avail the benefits of this technology, there is a scope of their information being hacked. Relevant Messages : Another major challenge is that if retailers do not have a complete record of specific users, then other users who are not relevant at that point in time will receive communications i.e., notifications from them. Thus making it a pointless and un-ambitious strategy, which is a loss for the senders. Geofencing Marketing Many surveys disclosed several facts about why geofencing is a hit from day the day it was launched. More than 65% of users expect to have information on their mobile devices At least 40% users want information on the go When sure about getting something in return, 70% of users are willing to share their location information Due to location-based marketing (geofencing), stores have seen double the engagements than ever before. Read more and in-detail here. Geofencing enables growth of retail technology is a promising one, particularly for all mobile application services. Moreover, the effects of using this technology have lead to more engagement, cost-effectiveness, time savings and a truly transformative experience for large enterprises.

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An Overview of Location-Based Marketing for Large Facility Marketers

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Understanding the pulse of the customers is the most challenging task for marketers, especially in the context of evolving patterns in customers’ buying decisions. It is essential to know what triggers their minds and investing in location-based marketing is the key to know that, says research by eMarketer. Location-based marketing has different aspects which work in tandem to keep your business ahead of the curve. Though concerns have been rising regarding privacy of customers’ information, it is assured that their data is kept confidential and safe. 4 Primary Methods of Location-Based Marketing Geotargeting Geoconquesting Proximity marketing Geofencing All of these methods are interchangeable with one and another depending on the requirement of the facility. Now let’s delve into each individual method. GEOTARGETING – Geotargeting provides personalized content for visitors who have been in that location in the past. With that data of the visitors, strategic campaigns are built to target relevant audiences. By using the visitor’s immediate location, this technology sends push notifications that are specifically designed for individual visitors. GEOCONQUESTING – Geoconquesting helps in targeting the visitors who are about to get into a competitor’s store by providing them with a better offer or deal. Also, this method can work flexibly, provided it is served on the fingertips of the visitors; therefore, a Smartphone app will be an ideal platform to send relevant info. Whether the visitor is nearby to your store or to your competitors, based on their recent visits, the app will show discount notifications that will trigger their visit to the store. PROXIMITY MARKETING – This method is made possible with beacon technology, Wi-Fi, and NFC as it allows businesses to leverage the accurate location of the visitors and sends them contextual and relevant notifications. Studies reveal that proximity marketing market is expected to grow by US$77.8 billion during 2019-2025. Huge companies worldwide are going to pick up this method to improve their business strategies and increase their bottom line. GEOFENCING – Within a virtual boundary, geofencing works as a service that can trigger an action when devices enter or exit the boundary. Actions such as notifications, coupons, engaging offers, safety tips, etc. can be projected via this method, provided the facility integrates their communication with an app. Few geofences are set up only to monitor the security of the visitors and the management. Businesses such as convention centers, shopping malls, large retail business, etc. can use this method to automate time cards, track assets, monitor users within the designated field and much more. Location-Based Marketing (LBM) for Diverse Industries Location-based marketing is undoubtedly the best marketing strategy that can be used via mobile phones and offer the visitors and the owners of the industries a handful of benefits. Look at how LBM can help these industries: Location-Based Marketing in Retail Businesses Retail business solely relies on the user’s location and LBM precisely provides them with the same information. Location becomes the pivotal factor in the retail business as it improves the conversion chances of the visitor. Here are a few ways how LBM can positively impact retail businesses: Provides Relevant Ad Campaigns Brand Awareness Better Discounts Personalized Communication Accurate Market Information Location-Based Marketing at Convention Centers In this digital era, people’s interaction are heavily mediated through communication technologies, using technology everywhere they go. Now, it is the responsibility of the facility owners to serve visitors with immersive technological facilities which are prevalent in the market. The potential of LBM can grab the attention of visitors by sending them push notifications on the ongoing offers within the venue. With these strategic notifications, visitors will stop by their store and check the offer eventually. Other additional benefits: Targets Receptive Visitors Conversion (Sales) Rates are High Builds Connectivity with Customers Thinks from Customers’ Perspective Creative Communication Location-Based Marketing at Healthcare Centers Today’s  digital epoch has influenced the patients in hospitals as well and today, visitors/patients are expecting advanced technology in healthcare facilities, just as much as they expect from any other large facility they witness in their day to day lives. Therefore, healthcare centers need to market their services and customize them personally in order to create brand value among visitors. Also, the connection between the patient and the hospital builds only with the unique services offered to the patient. Location-Based Marketing at Zoos & Wildlife Parks If you look at most of the large facilities/industries, it is evident that the usage of technology is rapid, due to which the business functions properly and generates a healthy bottom line. Similarly, with zoos, visitors are looking for something that can help them have access to travel information, spontaneous bookings, and most importantly provide information on best offers and deals.   LBM in zoos will cut down a lot of unnecessary conversations & inquiries and directly lead visitors to their respective destination within the park. An ideal zoo marketing strategy should always target the audience/visitor who visits the zoo. Failing to reach out to the visitors within the park is the reflection of bad marketing strategy. Renew Businesses with Location-Based Marketing & Generate More Revenue Business heads tend to see good, bad and ugly days in their tenure, however, LBM can help businesses function with distinction and promises to attract audiences in all seasons. Business heads also need to identify the difference between proximity marketing and LBM in order to come up with better business marketing strategies. Proximity Marketing vs. Location-Based Marketing Both these marketing strategies have quite a lot in common, yet, they are fundamentally different from each other. Both these serve visitors with mobile marketing to target customers with relevant ads. Nevertheless, the location of the user is determined by the latitude and longitude of the device which is connected via GPS. Technically, both work to fulfill the same objective of attracting the audience but LBM is ahead of proximity marketing in terms of its geographical range. The larger a facility is (geographically), the better one can target the audience with LBM, whereas with proximity marketing, not

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Proximity Marketing: Its Application & Benefits for Businesses

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In order to increase their bottom line, business heads need data that can generate information about their customers, both one-time and recurring. Information such as likes & dislikes, time spent at a particular store/point, and engagement with other recreational zones among others when gathered can then be used for planning an effective proximity marketing strategy. What is Proximity Marketing? Proximity marketing, the new wave for large facilities help communicate with their customers in real-time while personalizing notifications right to their Smartphones. It is a system that uses technology to directly communicate with customers via adaptable devices. This is the modern way of targeting the visitors and the best part of it is that it engages them as well. Isn’t that a great news for large facility marketers? How Does Proximity Marketing technology Work? First of all, we need to understand the fact that this feature can be enabled with an indoor positioning platform only. Once integrated into a Smartphone app, proximity marketing works to fine-tune the approach of the facility to improve customer experience and engagement. Go through these points to know how it works: 1. Firstly, beacon technology is deployed within the facility, within the range of the store. 2. Bluetooth-enabled Smartphones detect these signals and send the ID number attached to these signals to the cloud server. 3. Now with the help of this ID number, the server responds accordingly and sends notifications to the respective customer in the form of discounts, new products, feedback, or even greetings. Hence, proximity marketing works best for both entities, the customers and the management. This survey has more details. Proximity Marketing with Beacons – The Fifth ‘P’ for Business Marketers A renowned marketing professor Edmund Jerome McCarthy from America in his book titled Basic Marketing proposed this concept of 4Ps of marketing in the 1960s. The 4Ps being Price, Promotion, Product, and Place, the basic marketing mix. Today, with rapidly growing market trends and indecisive customers, the need for the fifth P has evolved and, therefore, Proximity Marketing. Visitors in large facilities are looking out for something that can notify them with exclusive offers even before they explore the store. Here it is then, with proximity marketing with beacons, facility heads can target their customers based on their previous interactions, and make them avail discounts, made exclusively for them. Proximity marketing with beacons becomes very important in order to seek the attention of the digitalized masses of the 21st century. Proximity Marketing with Wi-Fi Ever heard of Wi-Fi being used as a proximity solution? No right! However, with the widespread usage of Wi-Fi among the masses, marketers are now using it to send notifications. With the help of Wi-Fi hosting website, managements of the facilities will be able to send location-specific content to the visitors. Technically, Wi-Fi is not the best fit for proximity based marketing though because of the less accuracy it provides. Proximity Marketing with RFID Based Systems The most common usage of RFID tags is to track store products and inventories in warehouses. After its introduction in 2003, it received great recognition from the masses, however, it was ephemeral. The biggest challenge for the large facility owners in deploying this technology in their facilities was it required various components. Tags, readers, apps, and much more such hardware is required to setup an RFID technology. In short, it needs a substantial amount of investment upfront as it does not inherit compatibility with mobile or other platforms. So, proximity marketing with RFID is a costly affair and business heads have too many pockets to feed. The traditional strategy of sending push notifications and discount coupons to visitors is long gone. It is time now for personalized content delivery. The role of modern proximity marketing is to enhance and attract the customers’ store experience and in the process build genuine loyalty and gather feedback as well. With proximity marketing in industries such as shopping malls, aquariums, museums, convention centers, and warehouses among many others. the scope for enhancing their visitor experience and increasing in the bottom line is much more certain. Additional Benefits of Proximity Marketing Solutions Apart from notifications, enhanced customer experience, and customer personalization, it can offer benefits such as: • Customer Engagement – It is already an observed fact that more than 75% of customers have associated themselves with a Smartphone app to avail the benefits of proximity marketing while they are shopping. • Customer Insight – To know what your customer is looking out for is impossible but with proximity marketing, the entire purchase map of your customers can be gathered at the end of the day and, henceforth, you can drive your consumers in their future visits. • Hyper Customer Personalization – Based on the data you gather on each customer, the mall heads can hyper customize the selected customers with much higher discounts as a token of gratitude. This will certainly double the visitor engagement. • Higher Conversion Rate – The fact that your interaction within the facility is recorded and customized, the consumers are by nature motivated to buy. Therefore the conversion rate of engaging will convert to buying. • Mass Personalization – Multiple customers at once can be personalized with each one’s data scrutinized digitally to avoid any form of miscommunication or confusion. The leading retailing businesses across the world like McDonald’s, IKEA, Amazon Go Store, etc. have already integrated proximity marketing within their businesses and have improved their bottom line.   Proximity Marketing Will Create a Win-Win Situation for Businesses Looking forward to the near future, business heads will use this technology to collect critical visitor behavior data and allow them to engage them in a better way which eventually will result in a healthy RoI. However, proximity marketing is not confined to beacon technology alone. Depending on the facility and the services it demands and their budget, marketers will have to pick the relevant one and break the gap between online and offline customers to reach out to larger visitor

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Types of Indoor Positioning Systems [Key Features of Indoor Navigation, Magnetic Positioning and Indoor Localization Technologies]

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Indoor positioning is the most commonly used umbrella term which includes all of these ‘indoor GPS’ technologies. However, when observed closely at the technological platform they thrive on, the rationale for using these varied terms to describe them individually becomes self-explanatory. Indoor navigation, magnetic positioning, and indoor localization refer to technologies adopted by large facilities to help them locate objects, spaces, or people inside the facility where the satellite-enabled Global Positioning System (GPS) does not work due to the infrastructural elements such as walls, cabin material, glass, etc. In order to counter this challenge, Indoor Positioning Systems (IPS) use a wide array of platforms to enable users locate and navigate within a facility, wayfinding to their points of interest. One of the primary reasons for incorporating this technology within a large facility is the flexibility it offers inefficient facility management. Once adopted, users can effortlessly locate, navigate and way find on their smart devices. An extension of these technologies makes Location Based Services (LBS) possible as well. Indoor Positioning Technologies – Key Features So what are the key features of these three positioning technologies? What industries can they be adopted by to help manage the facility better? Which is the most cost-effective type? It has been eruditely mentioned in an article in 2013 that for this technology to be successful and arrive at a point where precision becomes the norm, a combination of technologies such as Wi-Fi, Bluetooth and Ultrawideband may be the answer. Towards the end of the article even leveraging benefit from Internet of Things (IoT) was mentioned, which as we know today, is a reality that has emerged faster than it was predicted. The table below lists these three terms against parameters used to identify them. With growing focus on the applicability of these technologies, as mentioned in this highly engaging feature, it is important to understand the fine differences between these three terms as well.   Indoor Navigation Magnetic Positioning Indoor Localization Used for Navigating inside a large facility Locating people or objects inside a building Locating a device or a user inside a building How does it work? Uses radio waves, acoustic signals, and other sensory information Uses magnetic sensor data from a Smartphone Recommended for use with Wi-Fi & IoT Technology platform Wi-Fi, Beacons, Bluetooth, Radiofrequency Magnetic Fields within a facility Wireless Infrastructure with IoT Accuracy 80% and above 90% and above 95% and above Industry applicability Office Spaces, Wildlife Parks, Resorts, Shopping Malls, Convention Centers Office Spaces, Shopping Malls, Warehouses Hospitals, Shopping Malls, Disaster Management Indoor Data Tracking Possible Possible Possible Additional Infrastructure Wireless Infrastructure, Beacons, etc None Wireless Infrastructure Cost Subject to hardware installation Comparatively cheaper Subject to hardware installation Works as a mobile application? Possible Possible Possible What can be gathered from the above chart is that using an IPS will have to be based on the industry it is set to be implemented in. However, as has been written about in our earlier blog posts, a facility needs much more from a mobile application than positioning and navigation alone. Hence, the success of any of these three technologies lies in seamless integration with other features like indoor navigation which would help in superior facility management. How Important is Accuracy and How Accurate is an IPS? Let’s not forget the fact that an IPS should not be evaluated by its accuracy alone, though accuracy defines the effectiveness of the technology. And with recent improvements in algorithms, it’s much safer now to call IPS the most accurate technology for navigating as GPS systems do not work effectively indoors. This journal article has plenty of details on the accuracy of an IPS. Tracking People and Objects The safety & security of people and objects is assured with IPS as it can control people and restrict them to certain areas. Also, it gives a visual overview of all the personnel within the house which makes it easy to monitor.IPS plays an important role in facilities that need to track personnel and ensure accountability of their safety as well. For instance, while someone (personnel) is in a static position in a space not meant for them, this technology will identify it and notify the management instantly. Additional Benefits of IPS on Tracking People and Objects: • Protection from theft and misplace of assets• Assurance of tracking compliance and protocol• Helps avoid accidents and enhances the safety of the workers and the visitors• Tracks suspicious gestures and optimal employee accountability.

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