Tag: mobile advertising

Mobile marketing will overtake print newspaper ad revenue in 2014

This prediction has been made specifically about the U.K. industry by eMarketer.

Newly released research from eMarketer has forecasted that mobile marketing ad spending will break the £2 billion mark this year, and will have reached £9 billion by 2017 across all digital media.

This will have the channel overtaking the revenue from newspaper ads for the first time, this year.

This will be a considerable increase in the total digital media advertising spending, which had reached £6.3 billion, last year (that is, a share of 44.3 percent of the market), to reach £7.1 billion, this year (which will mean a share of 47.5 percent of the market), according to the mobile marketing data released by eMarketer.

The figures estimate that mobile marketing will eat into newspaper advertising quite a bit.

The estimated figures from the firm suggested that national and regional newspaper advertising will drop from having been £2.2 billion last year (a share of 15.3 percent of the market), to £2.1 billion, this year (for a share of 13.8 percent of the market). This will represent that sharpest market share loss across all of the various categories of media between last year and this year.Mobile Marketing Will Take Over Print Newspaper

Newspapers will be taking a place behind mobile ad spending in the United Kingdom, for the first time, says eMarketer. The amount being spent for advertising to smartphone and tablet customers will rise from last year’s £1.9 billion to a much higher £2.3 billion, this year. It was also predicted that by 2017, the figure for newspaper ad spending in the U.K. will have dropped to only £1.9 billion (11.2 percent share of the market).

Equally, while mobile marketing takes off, television advertising is also expected to rise from £3.6 billion to £3.7 billion from 2013 and 2014, although its share of the market will slip just a little bit from last year’s 25.6 percent to 24.7 percent this year. eMarketer feels that when it comes to the amount of money being spent on digital channels will only continue its sharp increases from now through 2017. By that year, ad spending on digital will rise to £9 billion (a market share of 53.8 percent).

Mobile ads are Facebook’s latest lure for developers

The social network is working on appealing to this market through a promise of successful advertising.

In an effort to become more appealing to app development firms, Facebook has been testing an entirely new form of mobile ads service since at least the end of January, which provides advertisements directly to a certain handful of smartphone and tablet applications.

Now, that social network is starting to indicate that an official launch of the service may occur in April.

The suggestion has been made that the mobile ads service could be launched at the F8 developer conference, next month. This would make an offering to all app makers for an entirely new revenue source that had not previously been available through the social media giant. Until now, the platform simply wasn’t in a position to truly assist developers in being able to monetize their apps.

Facebook has now taken its time to develop a mobile ads service that it believes will promise success.

According to Ilya Sukhar, who is responsible for the oversight of developer efforts at Facebook, “That had to be figured out.” He went on to say that “There just generally was a period of time when the company, as has been widely reported, has been figuring stuff out [on mobile]. This is a signal that we think we’ve figured it out.”Mobile Marketing - Facebook Mobile Ads

He explained that assisting developers in being able to monetize their applications will be a central focus of the announcements that will be made next month at the conference. In the past, the F8s in the past were primarily focused on rolling out features on Facebook that were more consumer facing. This will be different, this year, as developers will be nearly the only focus of the event, according to Sukhar, who also added that it will “help folks build, grow, and monetize their apps.”

Monetizing is one of the largest struggles faced by mobile app development companies. As Facebook has considerable strength in monetizing attention, they are hoping to be able to combine those two environments through their mobile ads service, for mutual benefit between themselves and developers.