Author: Denny

Mobile marketing offers a new real time strategy through Smart Ads

One firm is now providing what it calls a first of its kind in terms of advertising service to smartphone users.

A mobile marketing firm called Smart Communications has announced that it will be beginning a first of its kind form of advertising service, called Smart Ads, which use geolocation technology in real time.

This ad service is meant to give brands the opportunity to target consumers using their smartphones through geo-fencing.

Geo-fencing is a type of location based mobile marketing strategy that defines a physical boundary in a real world space – such as a shop location – allowing that space to be programmed to complete various types of actions. For example, when a consumer that has opted in enters the space with his or her smartphone, he or she may automatically be sent a promotional coupon that they can redeem with a purchase, or they may receive an ad of the latest contest that is currently running. The specific command is triggered for the device as the consumer enters the applicable area.

The company claims that this is the first and only mobile marketing service of its nature.

Mobile Marketing - Geolocation TechnologyAccording to the media convergence group head at Smart Communications, “Unlike other mobile ads solutions in the market, Smart Ads is the first and only service capable of determining the real-time location of subscribers who have opted-in or signified interest to accept mobile ads. A subscriber’s location in real time is our main differentiator. Brand offers delivered while they are still within the specified location.”

What this means is that consumers who opt in will be able to obtain offers and deals for products that are the most relevant to those specific individuals, while they are located near a branch or a shop location. At the same time, this is very appealing to advertisers, as it will give them the opportunity to target promotions based not only on the actual real time location of a user, but they will also be able to add filters based on network usage profiles, individual demographic, and various forms of audience segmentation.

Smart Communications underscored the fact that this mobile marketing program is an opt-in only, in order to respect the privacy of the smartphone users.

Amazon continues to make subtle moves in the mobile commerce space

Amazon introduces new service that may be attractive to mobile consumers

Amazon may soon become serious competition for PayPal as the company begins to manage subscription payments for startups and small companies. Amazon is growing bolder in its e-commerce efforts and the company is hoping to capture the support of the mobile audience with its new ventures. The company has launched a new service that will allow its 240 million active users to use their financial information stored on Amazon.com to pay their bills online and manage their subscriptions.

PayPal may soon see some serious competition come from Amazon

For years, PayPal has been the leader in this sector, allowing consumers to pay for subscriptions and other services in a convenient fashion, using whatever financial information they have opted to store on PayPal. Amazon has slowly been entering into this field, hoping to meet the growing demand coming from consumers regarding more diversity in the payment services that they use on a regular basis. Amazon’s growing focus on mobile commerce is likely to help its new service win support with mobile consumers.

New service could be a hit with the mobile crowd

amazon - Mobile CommerceAmazon has been testing its new service over the past several months, working with startups and merchants that are interested in connecting with mobile and digital consumers. Those that opted to manage their subscriptions and services through Amazon were likely to spend more money on the products that they favored. In some cases, those using the service spent 30% more on the brands that used the service offered by Amazon.

Competition in the mobile space is growing more aggressive

Engaging mobile consumers has become a major priority for many business sectors. Retailers are working to become more mobile-centric and other businesses are trying to incorporate services that are valuable to the mobile crowd. This has been challenging, however, due to the extremely high amount of competition that exists in the mobile commerce space. Companies like Amazon and PayPal were able to establish a strong foothold in the mobile space early on, but their ability to compete with one another is subject to the whims of consumers.