Digital Envoy, a pioneer in IP intelligence and consent-based location data, has introduced LocID, a groundbreaking geospatial ID designed to tackle IP address geolocation volatility. This innovative solution promises to revolutionize the digital advertising ecosystem by enhancing audience targeting, campaign performance, and privacy compliance.
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The Problem of IP Volatility
- Over 40% of IP addresses are reallocated within 30 days, leading to wasted ad spend and reduced campaign performance.
- Advertisers face mistrust due to outdated geolocation data affecting their targeting strategies.
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LocID: A Game-Changing Solution
- Offers a single, fixed geospatial ID that remains consistent despite IP address changes.
- Empowers CTV advertisers, DSPs, publishers, and others with precise audience targeting and optimized campaign results.
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Key Features of LocID
- Geospatial Stability: Maintains targeted household consistency over time, reducing wasted ad spend.
- Privacy-Centric Data Handling: Encrypts IP addresses into biddable IDs, compliant with GDPR and IAB frameworks.
- Streamlined Campaign Operations: Seamlessly integrates into every stage of the campaign lifecycle.
- Advanced Analytics: Provides stable geolocation identifiers to offer deep audience insights.
- Improved Data Partnerships: Minimizes errors by ensuring consistent location targeting across campaigns.
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Partnership with Hoppr
- Incorporates Hoppr’s advanced market intelligence and audience insights.
- Enhances LocID with first-party behavioral data, creating a consistent and privacy-compliant geospatial framework.
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Leadership Insights
- Vinod Kashyap, Chief Product Officer at Digital Envoy: Highlighted LocID’s ability to address IP volatility while prioritizing privacy and campaign accuracy.
- George Gelavis, Executive Chair at Hoppr: Emphasized LocID’s role in democratizing digital advertising and fostering precision in audience engagement.
LocID sets a new benchmark in the adtech ecosystem by addressing the longstanding challenges of IP volatility and geolocation inconsistency. Its robust features, privacy compliance, and partnerships like Hoppr make it a transformative tool, leveling the playing field for advertisers and publishers while driving meaningful results in digital advertising.