Mobile Forecasts

67 posts categorized

October 23, 2014

Smalltown America: The Tech Industry’s New Home?

 

Depositphotos_54390433_xs

The internet revolution has worked wonders for entrepreneurs with big ideas and small wallets. And while the tech giants are still keen to project a certain cache by basing themselves in huge economic centers like Tokyo and California, start ups are finding fewer financial impediments to realizing their dreams in less illustrious surroundings.

One of the tech industry’s new suburban outposts lies to the far west of Chicago, in and around the Fox Valley. Towns like Naperville, Aurora and Elgin are fostering the new bright young things of software development, web marketing and business.

These places have a centralized support network designed specifically for tech workers, mimicking the ‘all in it together’ mentality of their Silicon Valley counterparts.

If the spirit of technological collaboration is alive and well in Illinois, it’s positively thriving in Colorado. The state’s tech industry employed 162,600 people in 2012 (according to a TechAmerica Foundation report). That’s 8.7% of the private sector workforce, making Colorado the third biggest contributor to the national tech economy. In 2012, Colorado’s tech payroll amounted to $15.8 billion.

Tech wages are 98% higher than the average private sector wage, and the industry is the 7th-best paid in the United States. This skilled workforce is generating solutions to everything from the energy deficit to space travel. The further out of the big industrial centers tech companies base themselves, the lower the overheads - and the higher the potential wages. No wonder talented tech workers are eschewing the glamor of Silicon Valley in favor of better paid jobs in surroundings that are perhaps less illustrious - but also less cut-throat.

This tech diaspora has been facilitated in part by SEO campaigns that are increasingly targeting niche markets for highly specialized - and regionalized - products and services. Most tech companies are no longer aiming for world domination; they simply want to maximise their ROI by advertising only to those people with a high likelihood of purchasing their product.

Industry analysts are convinced that towns like Naperville have the capacity to become key tech hubs. Tech workers are starting to see the benefits of working in smaller towns, where they can commute quickly to and from work - without sacrificing their resume or salary. And why not? After all, their products and services are opening up a global village in which everybody can be a major player, irrespective of geographical location. To sell this new reality without believing in it is a contradiction too big for the bright young things of tomorrow’s technology industry.

 

October 15, 2014

Mobile Marketing Mushroom in Ireland

Depositphotos_52126659_xs
 

Mobile marketing campaign managers in Ireland are flush with success right now. The country is undergoing a mobile device boom, as consumers increasingly turn their attentions away from desktop and towards smartphones and tablets.

A study compiled by marketing company ZinMobi looked at some of the country’s leading retail, restaurant and fast food brands and found mobile marketing tactics were the most effective way of delivering the biggest ROI. ZinMobi’s boss, Brian Stephenson, said the results were indicative of a growing awareness of mobile marketing tactics, and a concurrent drop off in use of conventional methods. Says Stephenson:

“What excites me about these results is the way that brands have recognised mobile as the instant marketing channel with campaigns quicker to deploy, and delivering instant results.

“We believe that every business knows enough about its customers... to deliver highly-targeted and trackable campaigns,” he added.

The study also found that mobile marketing tactics were regarded as the quickest to set-up, and 61% of respondents said they delivered the fastest results. The research found only 10% of companies did not plan to be using some form of mobile marketing campaign by this time next year; right now, 26% of Irish companies do not use some kind of mobile marketing strategy. These figures clearly show a growing awareness of mobile marketing among firms who are late to the party.

Companies with a well-established mobile marketing strategy are expanding their current campaigns in order to better engage with consumers. Mobile coupons and special offers are proving highly effective methods of retaining and nurturing existing customers.

These trends reflect an overall swing towards mobile in Ireland. Mobile web access is up 59% on last year according to a report from StatCounter. The more consumers move towards mobile devices, the more we’re likely to see marketers follow suit and creating mobile-specific campaigns. Ireland, like the rest of the world, knows which way the wind is blowing.

 

October 14, 2014

4 Effective Geo-Targeting Techniques

Depositphotos_53552647_xs
 

More and more advertisers are implementing geo-targeting in their marketing campaigns, but challenges form when limiting location, specifically in regards to volume. Cookies and private browsing also limit ad number, yet a few creative location-targeting techniques are helping advertisers improve ROI. Geo-targeting focuses on city, state, region, country, zip code, designated market area (DMA), radius around a point or location extension targeting, or some combination of these. Let’s take a look at four effective geo-targeting techniques for advertisers wanting to fine-tune campaigns without losing volume:

 

1) Exclusion is Okay

AdWorks makes it possible for advertisers to exclude certain locations so ads don’t appear there, such as a convenience store chain excluding locations free of their stores. Running reports indicating where locations clicks are coming from, sorting by low-quality clickers and excluding these areas or using bid adjustment all contribute to improved ROI. Bid adjustments refer to increasing or decreasing bids in specific locations for performance optimization.

 

2) Use Keywords Only

Another geo-targeting technique is using keywords rather than locations to limit targeting. For example, a car dealership could create a separate campaign targeting people searching for “car dealerships Philadelphia” as opposed to relying on geo-targeting only. Because car dealerships serve specific areas or regions, people looking for dealerships are more likely to use geo-modifiers when searching. Using keywords therefore functions as a competitive strategy and a way to drive traffic.

 

3) A Mobile Focus

Mobile-only AdWord campaigns are important when looking to geo-target mobile audiences. This is especially essential if targeting on-the-go professionals, such as real estate agents, as well as consumers looking for specific services when “out and about,” such as towing help if stranded.

 

4) Implement Weather-Related Bid Adjustments

Google Scripts makes it possible to make bid adjustments based on weather. For example, marketers can send ads for indoor activities on cold and/or rainy days, and those for outdoor fun on warm and sunny days. A simple spreadsheet is all that’s required to create this bid, and advertisers are excited about the possibilities that weather-related geo-targeting offers. The weather affects purchase and activity decisions, so ads based on how warm it is or not on a certain day is a powerful marketing tool.

A little creativity is all that’s necessary to make geo-targeting work for your business! The potential of precise, location-specific marketing cannot be underestimated, and is set to revolutionize the way people do business. 

October 08, 2014

Mobile Marketing Budgets are Smaller Than They Should Be

Depositphotos_16853877_xs

Mobile devices have quickly become powerful marketing tools, yet brands are still not investing in mobile advertising as they probably should. Despite practically “everyone” owning a mobile device, mobile marketing accounts for a mere 5 percent of the average brand’s budget. Why? Usual reasons include difficulty tracking performance and gauging ROI.

According to recent Forrester research, 62 percent of marketers surveyed felt “confident” about measuring mobile ad campaign ROI, yet only 18 percent felt “very confident” in their ability measure ROI. Marketers want to see hard numbers if heavily investing in mobile, which many experts find “counter-intuitive.” 

“Consumers now spend over half of their leisure time on mobile devices,” says Gal Oppenheimer, senior product manager of built.io, a mobile back-end and application development platform. “Mobile advertising is clearly important, but it needs to get easier to track brand awareness and consumer spending.”

Other experts say marketers are too busy comparing mobile and desktop metrics, which is essentially a waste considering how different the mediums are. Marketers are used to cookie-based tracking, but such tracking doesn’t really work in the mobile world. A single cookie isn’t capable of tracking consumer actions as they go back and forth between mobile browsers and apps, nor can they follow consumers who click on mobile app download ads. The latter is a common mobile ad unit that encourages consumers to download a brand’s app. 

Mobile marketing is definitely a work in progress, yet current efforts are encouraging. Groupon, for example, works with at least three different mobile ad networks, and places ads on a wide range of publishers’ mobile sites and apps. The online retailer works with mobile advertising vendor Fiksu Inc. to discover which mobile attribution methods are best for tracking ad effectiveness.

Facebook is also working on a solution to the “mobile puzzle.” The social media giant introduced a mobile ad unit in April of this year, Audience Network, which allows marketers to target and place ads across an assortment of mobile apps utilizing what Facebook knows about its sizable user base. The network is designed to result in more relevant ads on apps, which leads to improved click-through rates, and subsequently a better ROI for the advertiser and more revenue for app developers.

Marketers are still hesitant, but if tracking abilities improve, more money will go into mobile ad efforts. “Forrester found that if marketers could track more reliably, 86 percent would allocate more of their budgets to mobile,” wrote Mike O’Brien in a recent post for ClickZ. “And 93 percent would run more cross-channel campaigns, something only 13 percent said they felt confident measuring.”

 

October 07, 2014

iBeacon Goes Mainstream in Mobile Marketing

Depositphotos_43915483_xs
 

According to CMO.com, iBeacons and geomarketing are quickly becoming mainstream tools for marketers.

The iBeacon is defined by Apple as "a new class of low-powered, low-cost transmitters that can notify nearby iOS 7 devices of their presence.” It relies on Bluetooth low-energy proximity sensing to” transmit universally-unique identifiers”picked up by compatible apps or operating systems. These identifiers may be looked up via the internet to determine the device's physical location, or result in action, such as a push notification or check-in on social media.

Geomarketing involves geographic information used in the planning and executing of marketing strategies. It allows marketers to target advertising campaigns and subsequently appeal to consumers based on where they live or shop.

A U.S.-based team researching mobile marketing found some 18 percent of mobile marketers are utilizing Apple iBeacons, which is expected to double in 2015. Additionally, 49 percent of marketers noted they would use device positioning to deliver content, while 48.8 percent plan to add such capabilities to their mobile marketing strategy over the next year.

The Adobe Digital Team Index recently found 33 percent of average mobile users look to their mobile devices for help when shopping in-store, and 9 percent have used mobile wallets over the past three months. This percentage rises to 22 among “mobile elite” users. Adobe also discovered bounce rate referrals from social networks are higher on mobile devices than desktops at 61 and 53 percent, respectively.

Adobe’s digital team researched other mobile dynamics and trends as well, including social channels. They discovered Pinterest is the “most mobile” social network, with 64 percent of its referred traffic coming from either smartphones or tablet devices. Twitter is at 62 percent in terms of mobile use, and Facebook at 41 percent. Tumblr has the highest revenue per visit from mobile devices--$2.57--with Facebook coming in second at $1.85.

The company’s Mobile Benchmark Report was based on aggregate data from some 18 billion visits to retail, media, entertainment, financial services, and travel websites in June 2014. Behavioral data from companies using Adobe’s Marketing Cloud solution, Analytics and Mobile Services platforms was also studied. The report researched, in total, 700 million mobile app use sessions, 3,000 mobile users, and over 10,000 U.S. websites and apps.

With so many companies jumping on the iBeacon and geomarketing bandwagons, mobile ad campaigns will only become more and more location specific. 

October 01, 2014

5 Ways to Hemorrhage Cash with your Mobile Marketing Strategy

Depositphotos_14486695_xs
 

A solid mobile marketing campaign is a great way to increase revenue over time and otherwise promote brand awareness. However, plenty of businesses are actually losing rather than making money from mobile campaigns. So what are they doing wrong? Rather than discovering wasted time and money on your own mobile marketing strategy, check out five actions to avoid:

1) Wrong Ad Placement

Many businesses, big brands included, “fall for the lure” of television and radio ads for their mobile apps. Don’t rely heavily on television and radio ads to draw people to your mobile site or app. Instead, use traditional advertising for branding purposes and as a supplement to mobile ad networks and incentive-based download programs. The latter is a proven channel for mobile user acquisition.

 

2) No Optimization

Optimizing your website for mobile device use is essential to avoid losing money on a marketing strategy. It’s also a surefire way of deterring visitors, so when considering how to promote your business, be sure that mobile site optimization tops the list.

 

3) Unattractive Offers

The best small business ideas include enticing customers with fabulous offers. Any mobile marketing strategy that fails to pique prospect interest is doomed to fail, as it results in missed business opportunities and general brand damage. Avoid this by creating a campaign that encourages potential customers to engage with your business through their mobile devices. Think loyalty and time-based discounts, coupons, mobile-only offers, bulk purchase deals, and similar promotions.

 

4) Lack of Social Media Integration

Consumers mainly use mobile devices to check email and social media, so failing to integrate your mobile marketing strategy with Facebook, Twitter, Instagram and other channels means seriously reducing your audience. Tweets, Instagram pictures and Facebook posts are just some of the many social media-based options for reaching your target demographic and informing them of your app or mobile offers.

 

5) Not Following Up on Initial Marketing Efforts 

Don’t make the mistake of letting marketing efforts wash down the drain following initial engagement. Acquiring customers means sustaining their interest, so rather than wasting time and money, “strike while the iron is hot” and begin building a relationship immediately. An automated system that is already in place after an initial download begins the engagement process or requests that the user opt-in. Either way, you’ll make certain your brand stays fresh in the minds of consumers.

Avoid these mistakes, identify metrics associated with the success of your campaign, and earn money effectively rather than lose it ignorantly

September 29, 2014

Record Growth for India's Mobile Marketing Industry

Depositphotos_33026005_xs
 

Mobile marketing tactics such as SMS coupons and geo-targeted ads are being used in practically every global economy, but one part of the world has taken to it more rapidly than any other. In India, the mobile marketing industry has grown by 260% in the past year. Compare that to the 70% growth in the Asia Pacific region and you start to get a clear picture of just how big the strides taken in India are.

The cause for such rapid growth is undoubtedly the proliferation of smartphones and other mobile devices, which in some parts of the world are becoming the primary point of access for web users.

The expansion of the mobile advertising marketplace in India was studied in detail by Opera Mediaworks, a San Mateo ad platform. The analysis was published in a report called “State of Mobile Advertising.”

In addition to the overall growth figures, the report compared various mobile devices and their success in India. Android has the largest share of the market, with 41.7%. Apple devices, meanwhile, are trailing significantly, with less than a 1% share. 

The face of mobile marketing in India bears some striking differences to its American and European counterparts. This is largely because people living in remote regions often don’t have smartphones, and can’t experience the kind of rich content we’ve become used to seeing on handheld devices in the West. 

According to a Business Week article from earlier in the year, Unilever is issuing 15-minute recorded programs that can be listened to on old-fashioned cell phones. The shows include popular Bollywood songs, comedy routines and product commercials. The free service has proved popular, gaining 2 million subscribers when it first rolled out.

Original, bespoke mobile marketing tactics like this are the only way for businesses to get a foothold in new territories. As of the beginning of the year, there were 364 million rural mobile phone users in India. In January 2014, the pace of mobile adoption in villages was faster than in cities for four consecutive months. In 2013, Indian businesses spent 3 billion rupees ($49.9 million) on mobile ads, and the market is expected grow by nearly 45% by the end of the year (according to the Mobile Marketing Association).

The key, as Unilever has discovered, is to develop a mobile marketing strategy targeted at basic-feature phones. That means voice-based and SMS messaging services. Understand this, and your mobile marketing campaign in India will reach more people.

September 19, 2014

Five of the Best: Strategies for SMS Marketing

Depositphotos_39788697_xs

As we move through this ever-changing era of new media marketing, many businesses are innovating with the latest and greatest of tech strategies to reach their customer bases. Certainly geo-targeting and push notifications are significant mobile marketing tactics. Smart business owners, however, maintain that SMS marketing is still at the top when it comes to affordability and ubiquity. Here are five of the best techniques for maximizing your returns with mobile text marketing.

1)     Create Timely Content

Reach your customers when they’re open to hearing from you, and hence more likely to respond. Find out what your clients value at any given time, and deliver offers to them that are relevant and time-sensitive. Existing campaigns that work should not be halted, but it’s always important to find new opportunities to grab hold of both potential and loyal customers based on current trends.

2)     Invest in Loyalty

Business owners that provide loyalty programs for long-term customers augment customer relationships while targeting a group that values the company’s products. Not only do companies increase repeat customer sales, they’re also able to analyze repeat customers’ buying habits, making it easier to create targeted product promotions. Create exclusive VIP clubs and promotions to make loyal customers feel special. Loyalty lists don’t have to be that large to be profitable either: many businesses make their bread and butter off of a relatively small group of people. Recent studies show that twenty percent of customers drive eighty percent of sales. Target your repeat and long-time customers to make sure they feel appreciated and valued.

3)     Contests & Sweepstakes

Make it simple for customers to enter into contests and sweepstakes through a text message. These days no one wants to hassle with filling out a form when a simple message will suffice. SMS accessed contests make the process easier on your clientele, while offering potentially valuable opportunities for customers to engage with your brand. Contests and sweepstakes are great incentives for opting in to a marketing list.

4)     SMS in Multi-Channel Campaign

Multi-channel campaigns often overlook the opportunities available through the SMS channel. Mobile marketers know the truth: since SMS is a built-in feature of every mobile device, and everyone has cellphones nowadays, why not take advantage of this channel? User data can be accessed seamlessly, and 95% of text messages are opened by mobile users. Include a call-to-action in the SMS-arm of your campaign, and provide ways for users to sign up for other offers to maximize the value of your advertising. Offer text messaging opt-in opportunities through other platforms, with special incentives for opting-in.

5)     Foster Interaction

If consumers agree to allow texts and calls to their personal phone, they expect something valuable in return. Think of exclusive offers, easy ways to purchase or ask questions, customer surveys to improve overall products and services, and other valuable information relevant to the consumers. The more positive interaction with customers, the more brand loyalty and potential sales your company will foster.

Follow these five strategies in your next text marketing campaign, and discover which work best for your consumer base. And remember, setting up a text message campaign is extremely easy, but reaching customers via text messaging is even easier.

 

September 12, 2014

Facebook is Converting 100m Africans Per Month

Depositphotos_28523209_xs

The African continent is signing up to Facebook in droves, with 100 million users joining the social network every month. Most exciting for mobile marketing campaign managers is the fact that 80% of those users are joining via smartphones. This is indicative of a rapidly expanding mobile marketplace in emerging economies, as smartphone adoption in many African nations outstrips desktop adoption.

In part, this explosion has been driven by a deal inked between Facebook and cellular networks which ‘zero rates’ the service. This means data used by accessing Facebook does not count towards bills or data limits. Despite drawing some criticism from net neutrality advocates, the move has undoubtedly helped emerging economies in countries like Nigeria and Kenya compete; companies across Africa are reaching new, global audiences that were hitherto tough to crack.

This is just the beginning of what looks set to be a connectivity revolution in a continent historically beset with infrastructural problems. Some researchers are predicting mobile web use will increase 20-fold over the next five years. That’s double the predicted rate of growth in the rest of the world.

The relative affordability of, say, an iPhone compared to an Apple desktop computer is allowing citizens of developing countries to engage with the online world, and businesses to grow more quickly as their local audience builds. The declining cost of data, alongside faster transmission speeds, is improving communication in some of the remotest parts of the world, with sub-Saharan Africa undergoing a mobile digital revolution. 

It’s not just the low cost of recent generations of smartphone that suits these markets. Smartphones don’t need to be physically connected - either to network or electricity cables – to the same degree as desktop computers. This convenience and portability is allowing a whole new kind of mobile consumer to take advantage of internet access. 

Recent research from mobile tech firm Ericsson predicts voice call traffic in the region will double over the next five years. By the end of this year, there are expected to be more than 635 million mobile subscriptions in sub-Saharan Africa. The report also says that 70% of users in the countries studies browse the web on mobile devices, compared with just 6% who use desktop computers.

Analysts say the Ericsson research confirms mobile’s dominance. In a recent TED talk on technology in Africa, the editor of South Africa’s Stuff magazine said:

"Africa is a mobile-only continent. There never was a landline infrastructure to begin with, apart from urban areas. Mobile has allowed anyone to have a phone in places that were previously impassable and uncontactable. It has also been enabled, from a business perspective, by prepaid payments that handily remove the equally widespread legacy problem in that very few people have banks accounts. It really is that technology leapfrog the industry likes to talk about."

 

September 10, 2014

How Americans Use Text Messaging

Depositphotos_19129225_xs

According to the most recent Pew research, 90% of adults have a cell phone of some kind, and 58% have a smartphone. Nearly a third of all cell phone owners describe their device as ‘something they can’t imagine living without.’

And the thing they can’t live without most of all is SMS. Texting is the most commonly used non-voice application of American mobile phones. Previous Pew research indicated that 73% of adult cell phone owners use the text messaging feature on their phone regularly. For under 30s, that percentage is closer to 100, with twentysomethings sending or receiving an average of 87.7 text messages per day. 

Go younger still – to the under-24 category – and you start to wonder how the ‘youth of today’ gets anything done. According to the research, 97% of 18-24 year olds use text messaging, and the number of daily SMS messages send or received by individuals in this group is, on average, 109.5 – twenty-three times that of the baby boomers. The median texter in the 18-24 demographic sends or receives 50 texts per day. A quarter of them report sending or receiving more than 100 texts per day, and 12% claim to send or receive more than 200 messages on an average day. 

Using the Data

Having a clearer understanding of texting habits will help you devise a more complete, rounded mobile marketing strategy. It’s essential to integrate your mobile and email campaigns so they benefit from one another. An email/text one-two punch can really drive home your message, and both channels provide users with a way to engage directly with your business. How can you achieve this?

Well, SMS is ideal for short, time-sensitive communications. We know most recipients read texts within minutes of receiving them, so there’s no better way to issue a limited time special offer, or notify people of last minute alteration to schedules. Email, on the other hand, is perfect for sending denser content with more detailed information.

Remember too that 43% of consumers access their emails via a mobile device, so both channels are easily cross-referenced. This single point of access promises to be a major driver of consumer engagement as smartphone penetration continues unabated. Don’t let your next mobile marketing campaign do without it.