Embed
Email

Mobile Marketing Mobile Marketing

Document Sample
Mobile Marketing Mobile Marketing
Shared by: mcsx n
Categories
Tags
Stats
views:
10
posted:
11/23/2011
language:
English
pages:
4

 

Mobile Marketing

Marketing to consumers through mobile devices has brought about a new age in

the marketing industry. With the ability to reach large numbers of consumers, this

growing avenue of marketing is the present and future of the marketing industry.

Mobile marketing has taken many forms such as text messaging promotions,

mobile searches, display ads on mobile web pages, and applications designed

for smartphones. Mobile marketing has gained increased support from many

marketers, especially with its cost efficient benefits to execute campaigns

through SMS messaging; however, many marketers are being cautious about

mobile marketing, only using this strategy in a limited scope.





Mobile Marketing Budgets

According to eMarketer, U.S. mobile advertising spending is expected to reach

$416 million in 2009. That’s a 30% increase compared to the $320 million spent

in 2008. By 2013, mobile advertising spending is expected to reach $1.6 billion

in the U.S. alone!



According to eMarketer, the following charts indicate how companies will allocate

mobile marketing budgets; a comparison of 2009 and 2013. The decrease in text

messaging campaign funds from 2009 to 2013 can be attributed to the growing

number of consumers that access the Internet from their mobile devices.










 Copyright
 2011
 Little
 &
 King
 Co.,
 LLC
 

2009 Mobile Marketing Budget









60%

55%

50%





40%





30%

25%

20% 20%





10%





0%

Text Messaging Mobile Displays Mobile Searches

Campaigns





2013 Mobile Marketing Budget









40%

37%

35% 35%



30%

28%

25%



20%



15%



10%



5%



0%

Text Messaging Mobile Displays Mobile Searches

Campaigns









The following industries indicate the average amount of money companies are

spending on mobile marketing (Forrester Research, 2009):



• Travel and Hospitality $1.4 million

• Media and Entertainment $1.2 million








 Copyright
 2011
 Little
 &
 King
 Co.,
 LLC
 

• Financial Services $0.75 million

• Consumer Goods $0.5 million

• High-tech and Manufacturing $0.3 million

• Retail and Wholesale $0.25 million





Digital Divas

A study was conducted by Microsoft Advertising Mindshare and Ogilvy Chicago

that sampled more than 800 online women in the U.S. (there are 230 million

mobile phone users in the U.S.) in order to study mobile device behaviors of

women. 16% of all online women represent what the study coined “Digital Divas.”

These women have a close connection with their mobile phones where they can

receive information, entertainment, and stay connected simultaneously. Digital

Divas are considered among marketers to be trendsetters that they need to focus

on at this moment as these types of behaviors will soon become mainstream

among a broader class of mobile users. The breakdown of what a Digital Diva

entails is as follows:



• 51% Mothers

• 22% Shop at least once a day

• 92% Share information with others about deals/special offers

• 58% Would get rid of their TV if had to eliminate one digital device from

their life

• 11% Would get rid of their laptop

• 171 Average number of contacts in their e-mail/mobile lists





4 Areas Overlooked by Marketers

With mobile phone users on the rise, many marketers are not taking full

advantage of mobile phone capabilities, specifically in four areas:



• Mobile supports the customer journey

o Offer apps in conjunction with online communications and websites

that can enhance the shopping experience.

o Example, consumer can send a text message to a number

established by the company that would offer discounts on their next

purchase.



• Mobile enhances in-store experiences

o Offer consumers a per aisle brand ambassador that is available

24/7 to aid and support the decisions of consumers.

o Example, consumers can send and receive text messages about

product reviews at the shelf.










 Copyright
 2011
 Little
 &
 King
 Co.,
 LLC
 

• Mobile apps enhance POS purchases

o Marketers can offer consumers an opportunity at the point-of-sale

for a more rewarding product experience.

o Example, offering an app that will help consumers set reminders to

keep them on track and on time.



• Mobile Coupons

o This instant gratification offers consumers the ability to use mobile

coupons at the time of purchase either through SMS messages or

in-store redemption.





Mobile Marketing in time for Holidays



According to Pew Internet Project, 72% of American adults send and receive text

messages, so it is no wonder that more marketers are turning to text messaging

as a means of advertising. The holiday season is a great opportunity for

companies to get involved with SMS marketing in order to reach consumers with

relevant and valuable promotions being offered. Companies are taking

advantage of SMS marketing this holiday season by offering mobile coupons

and alerts about discounts offered, store hours, and special offers. These

companies will have an added benefit over companies that do not participate in

SMS marketing by being able to remarket and continue dialogue with registered

consumers after the holiday season.



Mobile coupons are a great way for companies to reach cost-conscious

consumers during the holidays, and can help in driving purchases because of the

discounts being offered. According to InsightExpress, mobile coupons have been

effective in increasing sales and traffic to stores (10% of consumers were driven

to a store after receiving a mobile coupon). When consumers were asked how

they would like to receive coupons on their mobile phones:



• 27% Send text message to receive coupons while in store

• 28% Find coupons on own using an application

• 45% Have coupons sent to me via text message









Source: PROMO Magazine; Mobile Marketer










 Copyright
 2011
 Little
 &
 King
 Co.,
 LLC
 



Related docs
Other docs by mcsx n
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!