Tag: mobile ads

Mobile marketing ad formats leave much to be desired

This, according to the execs at both The Weather Channel as well as at Criteo.

Execs from both The Weather Company – the operator of The Weather Channel – and from Criteo – an adtech platform – believe that as much as mobile marketing is growing in popularity and presents considerable opportunity for monetization of a website or an app, the ads that are used over this channel leave a great deal to be desired.

These two execs have agreed that it is primarily the format of the ads that needs to improve.

They have stated that the mobile marketing ad format continues to be riddled with flawed and time will require it to improve. That said, this is not quite an encouraging statement considering the fact that the channel has been heavily used, worldwide. It is also a rather grim statement considering that Criteo is a considerable buyer of m-commerce ads, and the Weather Channel is a large seller due to the great popularity of its app.

That said, despite the current statements, they do feel that mobile marketing will be the place to be in the long run.

Mobile marketing ads leave much to be desiredIn a recent interview with a business publication, Greg Coleman, the president of Criteo, said “Do mobile ads suck? Maybe, maybe not.” He added that if you are able to encourage a viewer to click an ad, which he called, making an “ad dance”, then you can assume “that it doesn’t suck.”

In order to be able to make better mobile marketing ads, according to Coleman, there is a requirement for the industry to look into the ads that have been made by curatives that have developed a smartphone based background and who have what is referred to as Coleman as the mobile “DNA”.

At the same time, The Weather Company’s chief global revenue officer, Curt Hecht, has expressed a different angle of view regarding the direction that mobile marketing was taking. In his opinion, considering the way that things currently are, the methods that are used for purchasing and selling ads over smartphones and tablets are what he called “a complete mess”. For a company that sells ad space on its apps, this isn’t the best type of statement to make.

Mobile marketing will receive a greater investment next year

Companies will be spending more to advertise and promote over that channel in the next 12 months.

A recent report on mobile marketing and commerce has determined that showrooming may not be considered to be as great of a threat as expected, as only 11 percent of retailers participating in a study claimed that they felt that it is a shopping behavior that could be harmful to their own revenues.

For this reason, many companies are pouring more money into the channel to help to boost their in store experience.

The research, which was published by BuyDesire and Econsultancy determined that most companies will be increasing their mobile marketing budgets over the next year and that this reflects a greater adoption of the channel, overall. They showed that out of every ten companies, seven have said that they would be increasing their spending in this area within the 12 months following the survey. The purpose is to keep up with the growth of the channel.

Only a small number of companies are currently using mobile marketing at the moment.

mobile marketingHowever, the current trends are changing and although the majority of companies are not using mobile marketing at the moment, they are changing their tunes and will primarily be doing so within the next year in some shape or form. They will be incorporating these technologies into their overall strategies on a growing basis.

The survey was conducted by the company from July through August and involved the participation of over 500 agency and in-house marketers. Among them, almost one third (29 percent) intend to use tablet optimized websites for the first time in the next year, with a considerable growth in location based mobile marketing (22 percent) and m-commerce (20 percent).

According to an Econsultancy research analysis, Bola Awoniyi, who spoke about these mobile marketing study results, “The research makes it clear we are at a tipping point with regards to mobile marketing and m-commerce. More companies that have been treading water with mobile technology will be taking the plunge in the near future.” It was also seen that only 11 percent feel threatened in any way by showrooming, even though 67 percent noted that the in-store use of smartphones was rising.