First Transit Partners with CommuteStream to Provide Additional Revenue for Transit Systems
CHICAGO – First Transit announces a partnership with CommuteStream that will help transit systems create additional revenue streams while also supporting local business. First Transit is using its knowledge in mobility solutions to help CommuteStream push more than 30 million relevant and targeted monthly advertisements to the mobile devices of riders on public transit.
CommuteStream uses data mining and location to learn the routines of transit commuters to match individual riders to relevant ads for their journey. According to Pew Research, 64 percent of adults in the U.S. have a mobile phone. A person using transit typically travels on the same route each day; they walk by the same restaurants, stores and cafes. Local business wins by increased foot traffic and sales.
“To date, we have worked with CommuteStream to integrate their platform on apps across 30 transit systems,” said Sharad Agarwal, senior vice president, strategy and growth, First Transit. “In today’s economy where transit systems need to do more with less, we are glad that we can provide an alternative revenue solution.”
About First Transit:
First Transit, Inc. has 60 years of experience and is one of the leading providers of transportation contract and management services in North America, moving more than 350 million passengers annually. First Transit, Inc. provides operation, management and consulting for more than 300 locations in 39 states, Canada, Puerto Rico and Panama for transit authorities, state departments of transportation, municipalities, hospitals, universities and private companies. First Transit employs more than 19,000 dedicated transit professionals. For additional information, please visit FirstTransit.com.
CommuteStream, a product of the TransitChatter Group LLC, aims to redefine the public transit experience and how businesses interact with riders. In a time when the effectiveness of traditional print advertising is suffering, and costs are at an all-time high, CommuteStream makes affordable mobile products that are highly targeted and scalable -- specializing in driving foot traffic to locations located near and around public transit. Their content delivery platform fills a void in effective mobile advertising on mass transit. By learning the routines of riders, they match individuals with the most relevant ads, and make these highly desirable and powerful products easily available to the underserved and uncultivated market of small-medium sized businesses.