Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

EQ Works Launches LOCUS: The Future In Location-Based Behavioral Targeting

V.EQ

EQ Works Launches LOCUS:  The Future In Location-Based Behavioral Targeting

Leader in mobile location-based technology launches unparalleled data offering


Toronto, Ontario (FSCwire) - EQ Works (http://www.eqworks.com), North America’s leader in driving and understanding location-based behavior at scale, today announced the launch of LOCUS, an unprecedented data offering for marketers.  LOCUS captures unique mobile location data to identify and highlight hyper-specifics about audiences based on their location patterns, lifestyle habits and other forms of geo-spatial information.

Locus captures data about places people go in the real world and is based on the premise that mobile location data is the connective link between digital advertising and real-world business outcomes. 

Unlike previous marketing technologies, LOCUS uses data to give marketers to ability to do two important things: 

1. Measure the effectiveness of their media buys with “LOCUS Measure” and

2. Create and target very specific audiences based on their location behavior over time with “LOCUS Target”. 

LOCUS Measure (“LM”) provides something tangible for marketers to evaluate. LM tracks how media influences audience behaviors whereas traditional media metrics only recognize passive media indicators such as ad delivery, visibility, awareness and ad clicks. By understanding how target audience segments reacted to media, LM provides marketers with a way to evaluate media and determine which provided the most incremental lift to their actual business. 

LOCUS Target (“LT”) creates audience profiles based on where people go over days, weeks, or months allowing marketers to target more precisely than ever before. Being able to target potential automotive buyers because they have been visiting car dealerships and not just because they arrived at a webpage, is a significant step forward in determining intent.  Combining these data with attribution models for home and work locations, enables even greater targeting through demographics and lifestyle. 

EQ collects in excess of 7 terabytes of unique first party location-based data daily and has already identified more than 1,000 proprietary Custom Audience Profiles for the Canadian market. Automotive, finance and education have been the leading verticals to date and custom audience profiles are currently underway for a number of clients in other verticals. 

“This marks a huge, exciting leap forward for the marketing industry,” said Dilshan Kathriarachchi, Chief Technology Officer of EQ Works. “LOCUS has allowed us to apply unique mobile location datasets to reach anyone, anywhere, on any one of their devices. No other technology has been able to do this with such precision and at scale before. I am very proud of our team.”

About EQ Works

EQ Works (www.eqworks.com) provides a smarter way to target customers. Using first-party, location-based behavior signals, advanced data analytics, and proprietary software, EQ creates and targets customized, performance-boosting audience segments. Proprietary algorithms and data generate attribution models that connect consumer behavior in the physical world to consumer behavior in the digital world, solving complex challenges for brands and agencies.


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/eqworks07202017.pdf
Source: EQ Inc. (TSX Venture:EQ)

To follow EQ Inc. on your favorite social media platform or financial websites, please click on the icons below.


Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2017 Filing Services Canada Inc.





Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today