Category: Mobile Marketing

Mobile marketing report projects $27 billion size by 2020

The results of the study that was conducted by ReportsnReports are promising for the channel.

A new mobile marketing report has just been released, which indicates that the channel is now primed to produce tremendous revenue generation opportunities for app developers and others in the smartphone and tablet industry over the next few years.

It looked into several different areas and produced a number of projections for seven years of growth.

The mobile marketing report was called “The Mobile & Tablet Advertising Market: 2013-2020”. It suggest that the channel will be an important form of advertising for generating revenues for app developers, mobile platform providers, advertising networks and Mobile Network Operators (MNOs) over the next seven years.

At the moment, mobile marketing remains in its infancy, but it is now set to take off.

Mobile marketing report - growth predictionsCurrently, as the mobile marketing space begins its popularity, it is responsible for approximately $17 billion in revenue every year. The increase in the penetration of smartphones and tablets has considerably increased the number of potential viewers of a given campaign. For that reason, companies are now starting to boost the advertising that they are creating for these devices that are taking an ever larger amount of a user’s time every day.

The ReportsnReports.com study indicates that by the end of 2020, advertising over tablets alone will bring in over $27 billion in revenues worldwide. This will follow a CAGR from 2013 to 2020 of almost 30 percent.

Additional key findings within this mobile commerce report include:

• Growth in click through rates and increased user penetration will cause the tablet segment to overtake the mobile marketing revenues generated by smartphones.
• Once 2020 comes to a close, tablet advertising is expected to bring in over $27 billion in revenue worldwide, and there will be almost 600 million tablet shipments per year.
• Mobile marketing over video will outperform all other categories of apps in terms of the rate of growth. From 2013 to 2020, it will grow at an almost 23% CAGR and revenues from the advertising will make up about $5 billion in that last year.

Social media marketing cost according to Arlene Dickinson

In a recent interview, the CEO of major Canadian marketing companies revealed her opinion on the channel.

One of the most renowned independent marketers and communications entrepreneurs in Canada, Arlene Dickinson has shared her views on social media marketing and its associated cost.

She was interviewed by Ernst & Young over video to share her ideas with the other marketers.

According to Dickinson, when comparing the cost of social media marketing with more traditional techniques, she began her answer by pointing out that “it’s really difficult to compare cost.” The reason is that it is very hard to look at a comparison of cost on its own when it comes to any kind of advertising tools, not just this particular type.

Dickinson takes a deeper view of the value of social media marketing beyond what is spent.

Social Media Marketing - Arleen DickinsonShe went on to explain that social media marketing can appear to be “much less expensive” when it is compared to more traditional methods. However, she explained that “it’s really about whether or not you’re getting your audience to hear your message and to act on your message.” For that reason, it can be very challenging to look exclusively on the number of dollars put into a specific tool for a specific campaign, because the impact must also be brought into consideration.

Dickinson also explained that this is the case no matter the purpose of the social media marketing or other form of advertising, from attempting to encourage people to take action, purchase something, or to build a brand.

Therefore, Dickinson feels that “just a cost analysis is never the right way to look at it.” Instead the ROI (return on investment) must be examined based on the dollars that have been spent and the size of the budget for that purpose.

This can help to place social media marketing in a new light, as many people have either applauded it for being extremely inexpensive, while at the same time others have booed it because it doesn’t always generate the same results as more traditional methods. The ROI must be the measure of a certain campaign’s success.

Dickinson is the CEO of Venture Communications and is broadly known for her strategic and creative approach which has made the company an international powerhouse with a client list filled with blue chip organizations. She is also the CEO of YouInc.com and Arlene Dickinson Enterprises, and is known for her participation in the award winning television series, Dragons’ Den and The Big Decision, as well as being the author of the book Persuasion – a #1 Best Selling book, and the creator of the Persuasion product line.