VeriFone Media To Lead Digital Gas Station Network In Partnership With Gilbarco

VeriFone Media To Lead Digital Gas Station Network In Partnership With Gilbarco

Gilbarco and VeriFone Partnership Expands Network Reach To More Than 95 Million On-the-Go Consumers

GREENSBORO, NC — Last January, Gilbarco Veeder-Root acquired Outcast Media creating one of the largest digital place-based (DPB) advertising networks at the pump. Gilbarco has announced today that they are partnering with VeriFone Systems, a global leader in secure electronic payment solutions, to further expand its gas station forecourt business. According to Gilbarco, the partnership will create the largest at-pump interactive digital place-based media network in the world reaching more than 95 million on-the-go consumers each month with over 30,000 place-based digital advertising screens.

Outcast Media, Gilbarco’s forecourt media business, and Applause TV, Gilbarco’s gas station TV network, will be merged with VeriFone’s digital media and VeriFone Digital Network (VNET) businesses. The VeriFone Digital Network now spans more than 140 media markets across the U.S. and the U.K., including all of the top 50 U.S. media markets, providing one-to-one, interactive media engagement across more than 50,000 screens in taxis, gas pumps, and convenience stores around the world with the merger of Outcast Media.

VeriFone Media announced last January the launch of a digital taxi top advertising platform in New York City. The network currently includes 100 taxis equipt with high-definition, full-motion video displays. The taxi top network is also capable of running geo-targeted and dayparted advertising campaigns and provides near-real-time updates for sporting events and includes social media integration.

Merger and acquisition activity within the DPB advertising space has accelerated this year. Last June, Rockbridge Growth Equity acquired Gas Station TV, a direct competitor to  Outcast Media. And then in April came news that Captivate Network would acquire the Office Media Network, creating one of North America’s largest in-office professional media networks. Then in May, National CineMedia announced that it will acquired Screenvision, creating the largest cinema advertising network in the US.

Gilbarco Veeder-Root and VeriFone’s partnership will see the two companies collaborate on future fuel dispenser payment platforms to be developed and supplied by VeriFone. The payment solutions will be designed to meet convenience and fuel retailers’ functionality and regulatory needs as well as offer at-pump media advertising and entertainment.

Gilbarco will provide the software and integration solutions, as well as sales and service provider for forecourt payment systems developed under the partnership. The companies will work together to transition the payment electronics in Gilbarco’s global dispenser product lines to VeriFone technology. However, both companies will continue to develop and market their point-of-sale systems for the petroleum and convenience market independently.

“VeriFone’s partnership with Gilbarco, the world’s leading dispenser technology provider, is perfectly aligned with our terminal solutions and commerce enablement strategies and will allow us to offer the best payment and forecourt media solutions on the market to our clients around the globe,” said Paul Galant, CEO of VeriFone. “Our collective expertise and access to consumer insights provide significant business value to our clients, helping them increase sales at the pump and in-store.”

“Gilbarco’s leadership in the convenience and petroleum vertical and VeriFone’s expertise in secure payments and media engagement make this an ideal relationship,” said Martin Gafinowitz, President of Gilbarco Veeder-Root. “Gilbarco has the largest installed base of outdoor payment systems in our industry, and combining our deep knowledge of systems and software integration with VeriFone’s broad payment expertise will greatly benefit our customers.”

Free Trend Report: Why Location Is the New Currency of Marketing

Free Trend Report: Why Location Is the New Currency of MarketingTraditional methods of advertising have become less effective as consumers spend less time in places where marketers have traditionally had an advantage in reaching them. Consumer attention has fragmented across multiple channels as media options and device platforms increasingly diversify. Finding effective ways to deliver branded messages in today’s complex media environment is one of the biggest challenges facing advertisers.

Active consumers spend money, and while they are going about their daily routine, they are also actively looking for information. According to Google, more than 50% of all mobile searches have local intent, and 17% of search happens while consumers are on the go.

There has never been a better time for marketers to reach on-the-go consumers. This special report provides detailed information on Digital Place Based (DPB) media and Location-based Mobile (LbM) marketing. Digital Place Based media, also known as Digital Out-of-Home (DOOH) advertising utilizes strategically placed, networked digital signage displays to reach on-the-go consumers while they are outside their home with highly targeted messages. Digital Place Based networks typically broadcast targeted content along with advertising in venues that have high dwell time. Location-based mobile and digital place-based media are part of a larger multi-screen campaign planning ecosystem that includes desktop and television.

Why Location Is the New Currency of Marketing is aimed at CMOs, media buyers and strategists and provides insight into why marketers are increasingly shifting their advertising dollars to these rapidly emerging media platforms.

Highlights from Why Location Is the New Currency of Marketing include:

  • The Connected Consumer
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Download your free copy here

The post VeriFone Media To Lead Digital Gas Station Network In Partnership With Gilbarco appeared first on ScreenMedia Daily, the source for Digital Out-of-Home Media and Location-based Mobile Advertising News

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