Mostafa Dehghan Pooya Amini Ali Dabirmoghaddam eCommerce-Spring 2007 •Introduction • Managerial aspects •Statistics •Definition •Objectives •Potential of WA •mBranding •Definition •Mobile medium advantages •Case Studies • Mobile Advertising Set to Double • Mobile literacy… • Wireless Ads Drivers • SWOT Analysis Attract the attention of a customer Print media, TV, radio, e-mail, … Offer individualized advertising to meet individual needs 2.7 billion mobile phones in use Three times as PCs Almost twice as TV sets 34% of internet users have logged on with a wireless connection Wireless Advertising refers to : Activities that deliver ads to mobile devices Mobile ads solutions that promote sales Build brand awareness When Where How (Technical Context) The main advantages of WA : Cost effective Personal touch Tailored Ubiquitous commerce applications offer: Ubiquity Local awareness Personalization the term has many possible meanings the means by which a company creates a compelling consumer experience that differentiates the company’s offerings from the competition How will mobility change our idea of what constitutes the ‘‘brand experience?’’ mBranding is using the mobile medium to create : Differentiation Generate sales Customer loyalty Immediacy Intimacy Interactivity Mobility Immersion Yahoo! worked with ad agency R/GA Nearly 3,000 pedestrians participated in the promotion Interactive video game forty-five-second Grand Prix Coca Cola Unexpected Summer Combination cell phone and GPS tracker Summer 2005 The service gives advertisers something they can’t get anywhere else Ability to modifying in real time based on time and location By Adapt Media 12,187 cabs in New York 350 cabs are running the ads $80 to $125 per cab per month 50,000 to 100,000 visitors per day per taxi-top By Smart Sign Media Scan cars to detect which FM radio stations drivers are listening to Serve up advertising messages that best fit the drivers e.g. classical music listener luxury cars Some 60% of 2.5bn mobile subscribers in the world actively use text messaging. Some US$60bn in service revenue annually. 3rd generation wireless technologies, permit data transmission speeds of up to 2MB/s. Mobile delivers CTRs averaging around 10% higher than the Web. US Mobile Marketing forecast: 2006-2011, Jupiter Research (October 2006) 2011 2006 $2.9 $1.4 0 1 2 3 US Mobile Messaging and Display Advertising Spending, 2006 & 2011 (billions) US Adult Mobile Phone Users Interest in Receiving Promotional Text Messages That Are Relevant to Them, August 2006 (% of resondents) 1% 1% 6% extremely interested 14% very interested interested not very interested 78% not at all interested Interaction Target Advertising Pioneer Stage Enormous Potential Device Limitations Strengths Weaknesses Opportunities Threats Push and Pull Very Personal Medium Mobile Coupons Ad Spam Security Threats Will It Become a Market? 1. 2. 3. 4. 5. Rick Mathieson, “Branding Unbound”, AMACOM 2005 _______ , “Mobile Advertising Set to Double “, www.emarketer.com, 4/15/2007 Mike Baker, “What’s Working in Mobile Advertising?”, mmaglobal.com, 5/20/2007 Huisken, Neike, Prado, “The New Wireless Economy”, elab.insead.edu, 5/11/2007 Anatol Porak, “Real Life Scenarios of Location Based Advertising”, www.e-lba.com, 4/18/2007 Any Questions ?