Tag: wearable technology

Location based marketing is what customers want

As smartphones, tablets, and wearable tech now includes GPS and other tracking, it has made experiences easier to customize.

According to a recent report from the Pew Institute, the majority of smartphone using adults are now using their mobile devices to obtain information such as directions, which indicates that location based marketing has more of an opportunity now than it ever has before.

In fact, consumers actively use their smartphones for information based on where they are.

This is the type of communication that they want, and if location based marketing is used properly, it can offer them exactly what consumers are seeking. The Pew Institute’s data showed that 74 percent of smartphone owners who are aged 18 years or older “say they use their phone to get directions or other information based on their current location.”Location Based Technology - What Consumers Want

The penetration of smartphones has also expanded the opportunity presented by location based marketing.

According to the data from the report, smartphone penetration in the United States has now reached 74 percent and it is continuing to rise. This means that a very large percentage of cell phone users are using geolocation technology and are open to some level of mobile marketing based on where they are.

Consumers are using geolocation for a range of different types of activities, particularly when it comes to shopping. This is making for hot mobile marketing news as mcommerce using companies that are always seeking new and effective ways to reach consumers through their devices of choice.

Shoppers can be influenced by location based marketing as they conduct searches for directions to a specific place, to find the nearest shop in a chain, or simply to discover the best place to grab a coffee based on where they are at that specific moment. They may also research a product and then want to find it in a retail store that is nearby and that offers it for a good price. Increasingly, they are relying on their mobile devices to tell them what they want and where they can find it. Businesses that want to ensure that they stay on top are working to make sure that they can be found at exactly those moments.

Is wearable technology hyping itself to death?

Has the industry made such a tremendous amount of noise that consumers lost interest before it caught on?

In the mobile tech industry, marketing needs to be conducted extremely carefully in order to make sure that consumers will gain interest and retain it enough to make a purchase and tell all of their friends – wearable technology is no exception to this rule.Wearable Technology - girl with smartwatch

When it comes to these mobile devices, brands and advertisers have stopped at no expense to spread the word.

However, as of yet, these wearable technology devices – which tend to be rather on the pricy side – still have yet to catch on with the majority of consumers. While it has generated some interest as individuals read up on the latest developments in the market, the number who do actually make a purchase of one of these gadgets is not as big as it was predicted to be. While some analysts believe that it is still too early in the evolution of the devices to tell for certain what the future will bring, others wonder if the hype was so great in this area that it died off before getting started.

This has left wearable technology makers wondering if they are looking to the future or not.

From smartwatches to augmented reality glasses, there is no shortage of different options available for the consumer to choose. However, as this flood of options has been tremendously hyped and the choices have raced their way forward even before many consumers could even tell what they are, many wonder if the flame on that torch was burnt out before most people could even become aware of the existence of most of the products.

According to the trends that have been seen over the last year, and that were renewed a few weeks ago in Barcelona at the 2014 Mobile World Congress (MWC), it looks as though this year is going to be an exceptionally critical one in the arena of wearable technology. Though Google Glass and Samsung Galaxy Gear smartwatches have seen disappointing sales, so far, the marketing has been pushing forward to boost enthusiasm. Now, all the analysts can do is watch to see whether or not 2014 truly proves to be the year of the wearable tech.