Mobile Groove

Mobile 2D barcode scanning is paving the way for a range of exciting and lucrative schemes hyperlinking our physical world of things (all objects including product packaging, printed media, TV, billboards, equipment – the works!) with a digital world or websites and destinations filled with information, advertising, applications downloads, coupons, processes and special offers.

The last weeks have seen a slew of announcements in this space, heralding a new phase in market development, new thinking about the business models (particularly the value to the enterprise) and new urgency in the race among companies across the emerging business ecosystem to get barcode strategies in place – fast (!).

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STUDY: Common sense tells us click-through rates (CTRs) on personalized advertising should exceed CTRs on more random [translated: less relevant] mobile advertising, but here is an important data point direct from Telenor R & I, the research arm of the Telenor Group, and Mobile Content Networks, a provider of mobile search management, search merchandising, and PPC content promotion solutions, to back it up.

The companies teamed up in Norway along with MADS, a European mobile advertising technology provider, and Aspiro, a Scandinavian mobile content provider, to evaluate the effectiveness of federated mobile search – an approach that blends results from a variety of content sources and search engines – and personalized advertising. Findings from the pilot tell us that CTRs for personalized ads “exceeded those for random ads by a 3:1 ratio.”