Tag: mobile advertising trends

Retailers to invest more into mobile marketing strategies

A recent data analysis has found that retailers, brands and restaurants will be spending more on smartphone ads.

Digital savings experience, RetailMeNot Inc, has recently released its report on a recent study it conducted, titled “The Rise of Mobile Marketing Spend in Retail,” in which it stated that restaurants, retailers and brands will be investing more of their advertising budgets in the smartphone channel.

The study looked into the responses of over 200 retail marketing execs with authority over ad budgets.

The most notable point from this study was that among all the participants in the survey, 87 percent said that they had the intention to make a larger investment into mobile marketing this year. This was the case across all the different retail categories. It was noted that the marketers were shifting the way the budgets would be spent, sending more toward mobile ads and other smartphone based opportunities, while withdrawing funds from certain other more traditional channels.

This trend toward mobile marketing occurs as consumers engage less often with print newspapers, catalogs and TV.

Retail Investment - Mobile MarketingAccording to RetailMeNot CMO, Marissa Tarleton, “We’ve seen increased interest from our retail partners working to better understand how mobile marketing channels like RetailMeNot can help them drive brand awareness, traffic online and in-store, and ultimately sales.”

She also pointed out that retail marketing leaders have been looking to make larger investments into digital media by way of mobile advertising. Attribution capabilities are assisting in allowing those marketers to gain a more thorough understanding of the overall positive impact of what they spend in this area.

Tarleton underscored the fact that the outcome of this survey only further supports the feedback that RetailMeNot has already been receiving from its retail partners. Such feedback includes the opinion that many traditional marketers are finding it increasingly difficult to move as quickly as is necessary toward a new mobile marketing direction while still being able to take the necessary time to go over the metrics and understand what is or is not paying off in terms of the impact their investments are actually having. It looks as though the challenges of this transition are highly commonplace.

Mobile advertising budgets will rise by 38 percent in 2016

A new report by Outsell has shown that digital ad budgets will rise, while print ad spending will fall.

Outsell has now released a report that has shown that digital and mobile advertising budgets will be increasing in 2016 while at the same time the amount of budget dedicated to print ads will be on their way down.

The research looked into the spending preferences of marketers, finding that top priority went to companies’ own sites.

After websites, the next largest amount of the ad budget went to television and e-mail marketing. That said, the report pointed out that social marketing was a growing trend. Mobile advertising would be seeing a significant boost in the amount companies were dedicating specifically to that channel, as well. That said, on the flip side of the coin, non-digital methods of advertising, such as custom print, direct mail, print directories, and ads placed in newspapers and magazines are all continuing to droop due to a growing consumer dependence on digital techniques for placing brands and messages in front of consumers.

Mobile advertising comes with the significant advantage of placing ads in front of consumers at any time.

Mobile Marketing on the RiseThis is something that print simply cannot achieve. Social is particularly effective in that effort, especially over platforms such as Facebook and Twitter as companies seek to boost engagement with their target market through the new social brand building and lead generation tools that are now easily accessible to businesses of all size.

Outsell’s report predicted that mobile marketing advertising spending could increase by 38 percent by the close of the year. Social ad spending will also be increasing, but by 15 percent.

Mobile advertising will have risen to $23 billion in spending and is now considered to be the fifth largest form of digital marketing, immediately after social and search. Marketers appear to have made the discovery of its true value in 2015 and are now scrambling to use this channel to be able to reach consumers through a range of different ad formats. Fifty four percent of marketers have said they will be focusing their mobile ad spend on various types that reach consumers by way of apps.