Tag: canadian mobile marketing

Spending on ads targeting smartphone and tablet users almost doubled last year but still represents a sliver of the total.

Last year in Canada, mobile marketing spending on ads increased at an explosive rate, nearly doubling what it had been the year before, and yet it is still considered to be only a tiny fraction of the overall digital ad marketplace.

That said, if the growth continues at this rate, it won’t take long for this channel to carve a much larger slice.

This mobile marketing data is according to a report that was released by the Interactive Advertising Bureau of Canada. The report indicated that the smartphone ad revenue in 2012 came to $160 million. This was an increase of 97 percent over what it was in 2011. At the same time, revenues from online ads increased by 13 percent, bringing them to $2.9 billion. That still managed to beat the forecasts that had been established by IAB Canada.

This year, both online and mobile marketing ad revenues are expected to rise, but more moderately.

The digital ad revenues for 2013 are predicted to increase by 9 percent by the close of the year, reaching a total of $3.36 billion. This includes the 50 percent rise that is expected for ads over mobile marketing, which will come to an anticipated $240 million. These forecasts were created based on the advertising budgets that survey respondents provided to IAB Canada. These respondents included ad networks and exchanges, on top of online publishers. Those budgets reflected the first half of the year’s data.

The dollar figures have revealed that while mobile marketing does still have a great deal of potential as a channel over which to advertise, marketers are still only in the earliest stages of figuring out how they will be using the channel to reach their customers over these widespread and yet still quite new devices.

This also reflects a challenge that publishers face in being able to sell adequate advertising over smartphones and tablets in order to be able to recoup sizeable investments into the creation and establishment of their mobile marketing campaigns and smartphone based presence.

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.

She 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.