How and why should brands and marketers take advantage of the unique characteristics of mobile to connect with us at the moments we need them most? Rory Sutherland, Vice Chairman of Ogilvy Group…, a leading integrated advertising and marke
UPDATE: Today is the last day to register and get one of my specially discounted VIP passes.
Here’s a link that will take you straight there: https://www.openmobilesummit.com/lon/register/step1.aspx?dc=MSEARCHVIP
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Now in its second year the Open Mobile Summit (May 26-27, London) covers all the bases to again set the bar. I attended and spoke at this exceptional event last June and was struck by to things: the sold-out crowd and the balanced mix of speakers and authorities from companies and organizations across the entire ecosystem.
Google, Sony Ericsson & Nokia Interactive Advertising On Board For Netsize Guide 2010; Call For Exciting Education, Finance, Healthcare, Retail, Enterprise & Augmented Reality Case Studies
Are you a company in a vertical industry (banking healthcare, retail etc…) that has implemented mobile in a new way to improve processes and achieve positive results? Or are you a vendor company with a compelling customer case study to share? If your answer to either is “yes,” then reach out to me directly. For the third consecutive year I have been commissioned to research and write the Netsize Guide, a comprehensive mobile industry almanac published by Netsize, a mobile commerce and communications enabler. Following on from the phenomenally popular future-focused chapter that wrapped up last year’s Netsize guide (a chapter I was proud to co-create with Stan Chesnais, Netsize CEO), this year’s publication will continue to explore the personal experiences and business opportunities emerging as our virtual and physical worlds converge supported by 25+ interviews with C-Level executives and influencers.
AUDIO INTERVIEW: Rory Sutherland, Ogilvy UK Vice Chairman, Reveals Why Mobile Is Essential; Why Google Is Running Scared PLUS First Results From Mobile Advertising U.K. Research
Regular readers will recall that MSG was commissioned to conduct Mobile Advertising UK, a research project research endorsed by the Interactive Advertising Bureau (IAB) and the Mobile Marketing Association (MMA), to expertly document the state of the mobile advertising industry in the U.K. and identify growth opportunities in the emerging mobile advertising marketplace. The report – which combines valuable consumer insights gathered by ÆNEAS Strategy Consulting and Management (coordinated by my esteemed colleagues Tarik Fawzi and Atva van Zanten) and qualitative research based on 20+ interviews with operators, enablers, agencies, and brands contributed by MSG – will be formally released in July.
Pricing is GBP 2,999 ($4,866) for the report. 500 GBP discount for MMA and IAB members, and people who attended the event. For more information, email James Cameron (firstname.lastname@example.org) or call +44 7940 749874. And while we’re at it: A huge around of applause for James, long-time MSG friend and supporter, whose Camerjam Events company successfully brought together 130+ professionals and pundits at this inaugural event sure to spread to other countries soon!
In the meantime, allow me to share some of the key findings and data points based on an online survey of 1,000+ UK mobile users. (And please follow along in the complete presentation below via SlideShare, and listen in to this audio interview (supported by the iPhone blogging app Audio Boo) via The Really Mobile Project, where I put some of the stats into perspective.)
This is the key message in my debut column at RCR Wireless Week as a new addition to the Analyst Angle, a regular feature where leading analysts give their outlook on the hot topics in the wireless industry, from carriers to content to handsets to infrastructure. This month I have chosen to examine the emerging mobile advertising ecosystem, and the advance of mobile advertising platforms that cleverly bring together a mix of companies to reduce channel fragmentation and provide the planning and profiling capabilities that will allow advertisers to harness mobile to deliver the right ad to the right user and reduce wastage generated by blanket campaigns. Gigafone was the first out of the gates, but I am sure there will be more to follow.
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Is mobile advertising broken? Or is it just early days?
The jury is still out on that one. But there is no ignoring the gap between the amount of effort companies invest in mobile advertising campaigns and the actual results they produce.
Granted, some well-executed (translated: targeted) campaigns report an average response rate of 25%, (I’m thinking here of Blyk, the world’s first ad-funded MVNO turned media company that has purposely focused on the 16-24 year-old demographic, one that has expressed a keen interest in hearing what brands such as Coca-Cola and L’Oreal have to say). But these are the exception to the rule.
Do the math and click-through rates (CTRs) on mobile ads are generally between 1-3%. The good news: It’s more than the 0.05% CTRs brands get from online banner campaigns. The bad news: It still represents a 97-99% fail rate. Would you build a business model on a medium that fails to satisfy over 90% of customers? Not likely.