It’s a lingering question on the tips of tongues of many media professionals: What’s the true worth of mobile media?
And it’s a question that’s commonly followed by a slew of others: Does the medium’s true worth have yet to come? When it arrives, what will that worth represent to advertisers in the scheme of a larger media mix? And what distinctive role can mobile be relied upon to play?
Mobile is expanding reach and frequency with multi-platform news consumption. According to a new Pew research study, 64% of tablet owners and 62% of smartphone owners use their devices for news at least weekly, and a third of U.S. adults get news on a mobile device at least once a week.
Well, it’s finally here. Are you planning to pick one up? With today’s announcement of the iPhone 5, millions of consumers will shortly be gearing up to wait in enormous lines and pick up the latest piece of consumer technology. However, this one could be a big deal.
Is mobile an essential part of your marketing mix? A new MMA (Mobile Marketing Association) study concludes that the optimized level of spend on mobile advertising for U.S. marketers in 2012 should be 7% (on avg.) vs. the current budget allocation of less than 1%. Findings also reveal over the next 4 years, mobile’s share will increase to at least 10% (on avg.) based on increased adoption of smartphones alone. Consumers are rapidly adopting mobile…shouldn’t marketers too?
Enticing consumers to engage even further with brands is the goal for most advertisers but, as we’ve learned with quick response (QR) codes in the mobile space, it can sometimes be a challenge.
Since mobile is a channel that consumers can choose to use in-store to enhance the physical shopping experience, it is the ultimate way for luxury marketers to interact with existing and potential customers on an opt-in basis.
Traditional media meets digital media to improve online ad targeting and relevancy, according to a recent AdAge article. A new product released by Datalogix, a data company, aims to let digital ad buyers target ads to people online based on the shows they watch on TV. It matches TV viewing data along with demographic and purchase-behavior data based on TV households, and then matches it up with online cookies. Is this a step forward in integrating traditional and digital media efforts?
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On May 30th, the venture capitalist Mary Meeker released her latest “Internet Trends” report. The presentation is packed with fantastic stats and charts that are destined to find their way into marketing decks over the next quarter. The presentation does an amazing job of outlining the state of the internet, as well as highlighting the changes that mobile devices and increased connectivity are having on consumer behavior. With a key focus on mobile, the report outlines the massive opportunity that these devices present for advertisers. The report also makes the case that it will simply take time for advertising dollars to follow the massive number of eyeballs that are increasingly moving “mobile.”
