Lyft has introduced Lyft Media, its very own media and advertising business. “As more people resume their daily travel, we’ve built a suite of new products to allow advertisers to engage with this growing audience throughout their transportation journeys.”
Lyft says, “Our vision is to build the world’s transportation media network, delivering value to advertisers while also elevating the platform experience for riders and drivers. Over the past two years, we’ve been growing our media business and are excited to share more details about our products, new partnerships, and future plans.”
Lyft Halo: Lyft Halos are smart digital rooftop screens that capture attention with engaging videos targeted to the vehicle’s exact location and time. Brands can reach mass audiences at the specific times and places most relevant to their business, and track the performance of their campaigns through Lyft’s attribution partners. This provides a level of targeting and measurement unprecedented in out-of-home (OOH) advertising.
In 2019, Lyft acquired rooftop advertising startup Halo Cars to start their own media business. These rooftop screens are available in New York City, Los Angeles, and Washington, D.C., with more cities to come.
Lyft Tablets: Lyft’s in-car tablets are seamlessly integrated with the rideshare experience. Riders can track progress along their route, rate and tip drivers, and control the music of their ride through Lyft’s partnership with iHeartRadio – all directly from the tablet. Brands can serve dynamic content to a highly engaged rideshare audience for the duration of the ride.
Lyft Bikes: Lyft operates the largest bike share network in the country, including Citi Bike (New York City), Divvy (Chicago), Bay Wheels (San Francisco Bay area), and Nice Ride (Minneapolis) with over 3,000 stations, 45,000 biles, and 36 million rides annually in those markets.
As Lyft rolls out their next-generation e-bikes, they will also be upgrading their stations to include digital ad panels.
Lyft Skins: Lyft Skins allows advertisers to engage the rideshare audience with Lyft’s most powerful digital channel – the Lyft App itself. Brands can reach Lyft’s almost 20 million active riders with a customizable branded icon and banner.
Lyft partnered with Cardi B for an immersive Lyft Skins campaign that went viral – generations over 2.6 million social media impressions, 50,000 code redemptions, and 2,000 tweets. The Lyft App is the starting point for all of Lyft’s transportation modes, and they are excited to continue bringing delightful experiences to it.
The Wall Street Journal reported that Lyft will work with third-party firms to help advertisers measure campaign performance using aggregate data, but won’t collect personal data from riders, said Kenan Saleh, general manager of Lyft Media and former chief executive of Halo.
Targeting for app, tablet, and rooftop ads will be based on the time and location of trips, and riders can turn the tablet off at any time, though fewer than 1% have done so in test studies, said Mr. Saleh.
As an immune-compromised person, I really don’t want to touch a tablet that has been touched by countless Lyft riders. That’s really not safe for me, especially if someone sneezed or coughed on it. I also wish that more ride-share drivers would wear masks because it would make it much safer for immune-compromised riders to avoid getting sick. Lyft wants to delve into advertisements – but should also consider the needs of people with disabilities.