Russ Curry, Ministry of New Media
Volta Inc. (NYSE: VLTA) has launched a new Store Next Door place-based targeting offering. This product brings the power of the Volta Media Network to more verticals by enabling location targeting based on the stores adjacent to Volta’s EV charging stations and media screens.
Brandt Hastings, Interim CEO and Chief Revenue Officer at Volta told us “Advertisers are rapidly increasing spend with contextually-rich retail media networks. By 2023, retail media will command nearly 20 percent of digital advertising budgets. Store Next Door invites more advertisers to benefit from Volta’s at-store media network by capturing attention immediately before customers make a purchase, all while supporting the switch to carbon-free transportation.”
The Store Next Door offering expands the categories advertisers can use to target Volta’s highly visible, 55” digital media screens from just the main store to nearly 40 unique options, including healthcare centers, gyms, pet stores, and quick service restaurants. For example, an apparel brand can now target Volta media screens located one or two doors down from sporting goods stores that share the same parking lot as Volta’s charging stations. This new capability was made possible by Volta’s data-driven understanding of commercial real estate design, parking lot configurations, and shopper behavior.
Christian Kull, EVP of Sales at digital out of home ad platform, Adomni “The location of Volta’s media screens next to store entrances is incredibly valuable to our customers,” said “With the Store Next Door targeting product, now even more clients can benefit from Volta’s Media Network.”
The Store Next Door product also improves upon the industry’s standard place-based targeting options, such as proximity and point of interest (POI) + radius methods. These existing approaches are designed around simple geographical dimensions and can result in advertisers reaching audiences that have no intention of visiting, nor easy access to, the desired destination. In comparison, Volta’s new offering ensures marketers only message people actually parked within the lot servicing their store—not down the street or across a highway.
The Store Next Door product is available programmatically and to clients that work directly with Volta.
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