{"id":103660,"date":"2023-03-08T07:19:07","date_gmt":"2023-03-08T07:19:07","guid":{"rendered":"https:\/\/businessyield.com\/?p=103660"},"modified":"2023-03-08T07:19:11","modified_gmt":"2023-03-08T07:19:11","slug":"geofence","status":"publish","type":"post","link":"https:\/\/businessyield.com\/management\/geofence\/","title":{"rendered":"GEOFENCE: Meaning and What You Should Know","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

Geofencing can help you re-engage past customers for repeat business and attract close-by new customers in order to expand your local business. Automation of time cards, location tracking for your fleet of vehicles, and monitoring of workers who are out in the field are all possible. In this post, we will go through the definition of a geofence, its dog collar tracker devices, how it operates in marketing and tracking, its warrant, and a few pointers for getting started right away.<\/p>

Geofence <\/span><\/h2>

The process of setting up triggers to engage a target audience by sending pertinent information when they enter or leave a pre-defined area is known as geofencing. Depending on how the geofence is set up, GPS or radio frequency identification (RFID) technology may be used to trigger mobile push notifications, text or alert messages, targeted social media adverts, location-based marketing data delivery, vehicle fleet tracking, or technology disabling.<\/p>

Geofencing is frequently used by businesses for marketing purposes. Additionally, they can utilize geofencing to keep an eye on activities in secure areas and notify management whenever someone enters or exits a given region. Companies frequently use geofencing to automate time cards, track business cars, and keep an eye on workers when they’re out in the field.<\/p>

Types of Geofencing <\/span><\/h2>

Geofencing is the process of setting up virtual perimeters within specific areas, and it has practical implications for a variety of sectors. It’s a contemporary technology created to keep track of people’s activities and alert anyone who might need to know who is traveling where, when, and how to use GPS technologies to designate zones for different objectives. The advantages of such a system are numerous, but it’s worth looking more closely at some of their applications to get a better understanding of how your company might profit from the adoption of geofencing.<\/p>

#1. Blast Zones<\/span><\/h3>

Regardless of the current downturn, Australia’s economy still heavily depends on the resources sector. Spend any amount of time around a sizable mining operation, and you’ll immediately notice and probably hear the dangers. A geofence can notify the appropriate persons when a blast is necessary to release iron ore for extraction, for example. It is evident that no one should be in the blast zone.<\/p>

#2. Site and Yard<\/span><\/h3>

If your company requires employees to carry supplies or equipment from a home base, also referred to as a yard, to a temporary work location, setting up a geofence can help you simply track the times people enter and exit each region. A bulldozer returning to the yard to refuel before returning to the job site to unload its cargo is one example.<\/p>

#3. Speed Zone<\/span><\/h3>

There are frequently zones in heavy industrial regions, such as mine sites, where you are not allowed to go faster than a specific speed limit. A speed restriction geofence can help you keep track of instances of speeding and, if necessary, send out warnings. Thanks to the customization capabilities of geofences, you may even establish different speeds throughout the day. Also, every time someone is reported for speeding, it is recorded in the events log so that managers or supervisors can review the past to identify repeat offenders.<\/p>

#4. Confinement<\/span><\/h3>

While the aforementioned applications have all been focused on monitoring who enters a specific region, geofences can also be set up to keep those who are currently there inside. Confinement is the act of keeping someone within a specific region; it can be configured to notify you if the person departs the boundary. Geofences can assist in ensuring that everyone remains in the proper location for businesses with personnel who are based in a particular area, such as a taxi service.<\/p>

#5. No Go Zone<\/span><\/h3>

This is a solution for regions you don’t want people to go to or enter, though not necessarily for safety concerns. It works similarly to blast and emergency geofences. Zones that must maintain security or that must safeguard the environment are suitable examples.<\/p>

How Does a Geofence Work?<\/span><\/h3>

In order for a geofence to track a user’s location, location services must be enabled on the user’s mobile device. Geofences are defined within the code of mobile applications.<\/p>

A virtual fence must be built around a predetermined place in software that is GPS- or RFID-enabled for geofencing to function. Whenever a mobile device enters or leaves the area, the geofence will then launch a previously configured response.<\/p>

Geofence Marketing<\/span><\/h2>

Setting up virtual barriers around a location or area and keeping track of when someone using a mobile device breaches them is known as geofencing marketing. When this occurs, a notification is delivered to the person’s mobile device to promote a nearby business, product, service, or brand.<\/p>

This crucial new method for more precisely identifying a company’s most likely clients is also known as geofencing advertising. Contrarily, geofencing enables advertisers to specify precise geographic restrictions for the distribution of their adverts. This enables them to target local residents who are more inclined to patronize a specific store due to factors like proximity, demography, brand affinity, and other factors. Instead of depending on extensive, highly random, and expensive mass advertising, this is much more cost-effective and effective.<\/p>

How Geofence Marketing Works<\/span><\/h3>

This geofence can be made in three different ways. The first has a radius around the centroid. This entails determining the center point of a structure or piece of land and then figuring out how far each direction is from that point (i.e., the radius). This establishes a broad proximity zone that triggers the delivery of advertisements anytime a user of a mobile device is sufficiently close to a point of interest.<\/p>

The second usually referred to as an isochrone, has a walk or driving duration. This entails figuring out how long it will take to go by all available means of transportation from one location to a specific destination. Then, a firm can only advertise to people who can go to their location within a certain period of time. This particular form of geofence enables marketing based on how simple it is for customers to go to a business rather than on how close they are.<\/p>

The third involves the footprints of buildings. This approach represents the precise physical boundaries of a point of interest, be it a whole building, a park, or a single retail space in a mall, using measured polygons. Then a company can only notify people who have really entered the facility or are on the property. This specifically targets customers who, by entering a store, may be considering making a purchase.<\/p>

Four Advantages of Geofence Marketing<\/span><\/h3>

We’ve already covered some of the distinctions between geofence-based advertising and conventional marketing. Let’s now delve deeper into the four benefits geofence marketing offers over things in an old-fashioned manner.<\/p>

#1. Targeted Geofence Marketing<\/span><\/h4>

Geofence advertising has the added benefit of covering particular geographical regions. This enables marketers to place them where they anticipate their target clients to be. In contrast, mass marketing is used in vast geographic areas like cities, regions, or entire countries. Because of this, its ability to find prospective customers is significantly more erratic.<\/p>

#2. Timely Geofence Marketing<\/span><\/h4>

Because they are provided practically instantly in reaction to a potential customer’s activities, geofencing advertising is frequently preferable to traditional ones. In order for your advertisement to be seen by potential customers, you as a business owner do not need to wait for them to read a newspaper or magazine, watch TV, or listen to the radio at a set time. You can start promoting them as soon as they enter your geofence.<\/p>

#3. Flexible Geofence Marketing<\/span><\/h4>

Geofences are adaptive to your marketing plan because they may be made in a variety of ways. You can put them up to simply cover the grounds of your business or a specific area around it so that you only advertise to customers who are already inside. <\/p>

#4. Affordable Geofence Marketing<\/span><\/h4>

Geofence marketing initiatives are economical since they can be set up in precise places. Because it requires several resources to spread a message over a large geographic area, mass advertising is costly. Additionally, it is predicated on the idea that exposure is always beneficial.<\/p>

When using geofences for marketing, you only pay for ads in the exact locations you put up. They can also reach more potential customers if used properly.<\/p>

Geofence Tracker <\/span><\/h2>

Depending on the application medium, geo-fencing warns the user with a pre-programmed prompt that may take the form of text messages, push notifications, or pop-up messages (browser or mobile application). A geofence tracker is one of a GPS tracking device’s most fundamental and crucial features as a result.<\/p>

The following are some practical uses for the Geofencing feature:<\/p>

#1. Fleet management Geofence Tracker<\/span><\/h3>