Everything you want to know about Beacons

Jun 21
08:16

2017

Moon Technolabs

Moon Technolabs

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BEACONS: What They Are, How They Work, And Why They're Important

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The term “Beacons,” has been creating a lot of buzz of late in the Tech,Everything you want to know about Beacons Articles and business circles. Simply put, the word Beacons refer to a guiding light, and it is for this very same purpose they are used in tech related sales and marketing promotions. Let us now learn more about what Beacons are, how they work, and how they can help your business. 

What are Beacons? 

A Beacon is basically a wireless Bluetooth sensor, that uses Bluetooth Low Energy (BLE), to send and receive data to smartphones to perform certain actions, like app notifications, messages or prompts. 

Beacons are small, cost-effective, battery powered, and can be strategically placed in a way that when a customer comes in their vicinity, they will receive appropriate messages and notifications. 

How do Beacons work?

Beacons use BLE or Bluetooth Low Energy signal to send ID and data to specific apps in your smartphone in the form of individual notifications. It is important to note that Beacons only send info and not receive them. This data transfer happens only when the customer has switched on his Bluetooth, has given location access permission, as well as has opted to receive notifications. 

Each Beacon has its unique ID that reaches out to an App on your smartphone so that you receive relevant App information. This ensures that you get only the right notifications thereby providing high levels of privacy. 

Why are Beacons important to Retailers, Marketers, and Businessmen? 

With the number of smartphone users growing day by day, Beacons are a terrific way to engage, and connect with prospective customers, and gently nudge them to make a purchase once they are within the range of your Beacons. 

Beacons provide the following crucial insights about Customers 

  • Customer’s spending habits
  • Track customer movements within a mall or shop
  • Shopping patterns and interests
  • Time spent in a particular shop  
  • Time spent in hanging around a particular product group
  • Preferred products

 This intelligence info helps in determining not just consumer behavior, but also identify the most attractive sections, busiest hours in a shop, etc. This will be of immense use when it comes to planning your product placement, merchandising, stock planning, resource allocation, etc.

 The main idea that makes Beacons stand out, is that they not just deliver messages and notifications, but they deliver relevant, customized, and contextually apt messages and notifications that make a customer more likely to take action. 

The Fine Balance in using Beacons 

Beacons have opened up an exciting world of incredible opportunities by providing the customized shopping experience to customers, and increased sales and customer intelligence for the business owners. But like any other technology, Beacons also should be used with care and caution. 

A study conducted by in Market states that while the Beacons helped in a 45% increase in customer interaction rate, it also says that when shoppers received multiple notifications on a trip, their App usage fell down by 313%. 

It is, therefore, wise to employ a delicate balance between enticing customers to make a purchase, and bombarding them with too many coupons and discounts which may end up annoying them.

 It is imperative that you understand the technology and App to use it to the best. Employ an experienced Tech partner like Moon Technolabs Pvt. Ltd., India, for all your iBeacon App Development needs, to revolutionize the way your customer's shop.