Category: Geolocation Technology

Mobile marketing platform launched by Telenity

| February 24, 2013

Mobile Marketing PlatformTelenity introduces new mobile marketing platform

Telenity, a provider of communications solutions, has launched a new mobile marketing platform called Canvas SmartLBA. The platform is designed to offer new marketing opportunities to mobile network operators and brand owners. Mobile marketing has become a very important aspect of the business world due to the rapid adoption of mobile technology among consumers. Telenity believes that its new mobile marketing platform will help companies reach out to mobile consumers and engage with them in a more effective way.

Platform includes location-based features

Canvas SmartLBA allows users to collect real-time information and make use of the data to help formulate effective marketing strategies. Users can use this information to expand their reach to a new demographic of consumers. This data can also be effective in better understanding the trends that are emerging in particular markets. The platform has location-based features with built-in consent management functionality, making it easier for users to control opt-ins to location-based marketing programs and protect the information of consumers.

Marketing revenues to reach new heights by 2016

Telenity predicts that mobile marketing revenues will reach $24 billion by 2016, suggesting that the advertising world is slated for major growth in the coming years. Revenues are likely to grow because of the number of people that are making use of smart phones and tablets. Telenity believes that its new platform can help businesses see strong revenue gains through their mobile marketing campaigns. Such campaigns will need to be finely crafted, however, in order for these businesses to see any pronounced success.

Security continues to be a major issue for consumers

Mobile marketing has proven successful for many companies in the past. Issues regarding security have, however, derailed several marketing campaigns that aimed to engage mobile consumers. These campaigns tend to collect personal information from consumers, a practice that has been receiving a great deal of criticism lately. Marketing platforms that offer security features that help protect this information are becoming more popular due to the rising demand for protection coming from consumers.

Mobile commerce application receives more support in Thailand

| February 22, 2013

Mobile Commerce ThailandShopSpot mobile commerce platform wins more funding

ShopSpot, a mobile commerce startup based in Thailand, has announced that it has raised $630,000 in investments, much of which came from Jungle Ventures and SingTel Innov8. The company’s mobile commerce application of the same name is designed to be easy to use in order to be universally accommodating to consumers of all kinds. ShopSpot notes that ease-of-use is one of the most important aspects of mobile commerce that is often overlooked by many of the larger companies that are involved in the mobile market.

Application offers several innovative features to consumers

The mobile commerce application does not only allow consumers to purchase products using their mobile device; it also allows them to shop for products that they are interested in. The application can use location-based information to help consumers find products in an efficient manner. It also enables consumers to communicate directly with a retailer, though retailers are unlikely to participate in this communication due the lack of staff committed to chatting with individual consumers.

Monetization absent from ShopSpot

Notably, the application does not have its own monetization model in place. ShopSpot does not impose any fees on transactions made through the application and does not offer advertising services to companies. This may be due to a trend that has emerged in the Asian market wherein many consumers will avoid applications that charge them for services. As such, many mobile commerce applications that have been launched in Asia have seen modest success as the majority of these applications charge consumers for every transaction they make.

Investments keeps ShopSpot afloat

Investments will help keep ShopSpot going for the foreseeable future, but the company may have to introduce some kind of monetization system eventually. Whether consumers will be willing to embrace the application after such a system is in place is difficult to know for sure. For now, the application helps fill a gap that has existed in Thailand burgeoning mobile commerce market, making it well received among many consumers.