Tag: advertising mobile

Mobile marketing strategies are lacking among many advertisers

A recent study conducted by Forrester revealed that this is the case despite knowing how important these campaigns are.

Though marketers are well aware of the importance of mobile marketing as a part of their overall strategy, only a small minority actually integrate this channel into their overall advertising mix, says Forrester.

In fact, in the research results, it showed that only 13 percent of marketers have strategically integrated mobile.

Because the mobile marketing strategies appear to be established in a way that leaves out a component that the marketers acknowledge as being highly important, it doesn’t come as much of a shock that Forrester reported that only 27 percent of marketers stated that their return on investment (ROI) for their campaigns was profitable. Equally, a massive 67 percent said they were unable to measure the ROI of their advertising.

Only 20 percent of the participants in this study said they had the budget they would require for mobile marketing initiatives.

Mobile Marketing - Research Most of the marketers who took part in the survey claimed that the resources they had available to them for focusing on mobile advertising were quite limited. Moreover, only 10 percent felt that their companies would be considered to be mobile savvy.

Many marketing firms supplement their capabilities for internal development. The Forrester research revealed that over half – 56 percent – were working with a number of other partners who could support the integration of mobile initiatives. These partners included everything from specialty vendors to agencies and platform providers.

The outcome has been that marketers are still trying to learn the ropes when it comes to how to use mobile marketing techniques, how they work, how they should be implemented and how their successes can be measured. With a lack of in-market mobile programs from which to learn and hone their skills, marketers are trapped in a trial and error phase and are incapable of demonstrating the level of expertise that would be necessary to lure execs, said the research. The report explained that marketers will need to create a solid business case and set aside an appropriate mobile budget to suit the current opportunity available.

Display is driving mobile ad revenue over smartphones

New data is showing that there has been a growth of 114 percent in that specific area of earnings.

A new report from the Association of Online Publishers (AOP) and business advisory firm, Deloitte, has shown that mobile ad revenues have driven a growth of 114 percent in smartphone display over the span of the previous 12 months.

The data revealed that there was also a great deal of overall growth in earnings from mobile advertising.

Among UK publishers, there was a growth of 80 percent in mobile ad revenue during this year’s first quarter, when compared to the figure from Q1, last year. According to the report, the main driver of this growth was the rapid rise in smartphone display earnings (114 percent), with tablet display ad revenues rising at a healthy but notably lower rate of 47 percent.

The rate of growth that was seen through mobile ad revenue was considerably greater than that of digital overall.

Mobile Ad Revenue - DataIn the AOP & Deloitte Digital Publishers Revenue Index Report (DPRI), it was stated that the overall increase in advertising revenues was 5.6 percent. That rate is slower than it has been over the quarters previous to Q1 2015. Another area in which there has been a steady and promising source of ad revenue has been in online video, where there was a 17 percent higher growth rate recorded by digital publishers than had been seen during the first quarter of 2014.

The desktop display ad revenues, on the other hand, saw a drop of 6 percent in the first quarter of this year when compared to the same quarter last year. This indicates that some of the market that had once belonged to desktop could be moving its way over to the mobile marketing sector, instead. As media consumption occurs over smartphones and tablets at a steadily growing rate, online publishers are starting to realize how important it is not to miss out on targeting those device owners with their advertising, as well.

This marketing trend does not appear to show any indications of slowing and so it is being predicted by a growing number of firms that the path of mobile ad revenue will only continue in its current direction.