The latest news in the mobile world is that Research In Motion, the famed Blackberry maker, is looking to buy a mobile advertising network.
RIM firmly believes that the only way to take on its arch rivals Apple and Google is to buy a mobile ad network which is big enough to challenge the networks of its rivals. It is said the company has been negotiating with Millennial Media, a Baltimore based advertising network. The talks, however, were not a success as the ad network expected a huge sum – somewhere in the range of $400-500 million.
RIM, understandably, is concerned about paying such a huge price as it believes that it is too expensive a price to pay to acquire the network. If you remember, Apple paid close to $300 million to acquire Quattro and Google paid an astronomical $750 million to acquire AdMob.
Millennial Media, according to sources, is not very interested in the deal as it believes that it has a bright future as an independent company. Also, it believes that an acquisition by RIM would limit its ability to serve targeted ads to the iPhone, iPad, and iPod platforms, which would eventually affect its relationship with Apple. So, it is not willing to give the nod unless it gets the right price.
Since the talks with Millennial Media were less than satisfactory, RIM is also believed to be looking for other mobile advertising networks like Greystripe and JumpTap.
The reason why RIM is so desperate to acquire a mobile ad network is not hard to understand. Its share in the global smartphone market slumped from 19.1 percent to 17.8 percent recently and most of its latest launches like Blackberry Storm, Storm2, and Blackberry Torch have not been a great success. So, to catch up with the rapid growth of Google Android and Apple OS, it believes it has to have its own mobile advertising network. While both Millennial Media and Research In Motion have declined to comment publicly on the developments, it is said that we could expect some big news, particularly from the RIM camp, in the near future.
Tags: Admob, Android, Apple, Blackberry, Blackberry Storm, Blackberry Torch, Google, Greystripe, ipad, iPhone, iPod, JumpTap, Millennial Media, mobile advertising, mobile world, Quattro, Research In Motion, rim, smartphone, Storm2
Technorati Tags: Admob, Android, Apple, Blackberry, Blackberry Storm, Blackberry Torch, Google, Greystripe, ipad, iPhone, iPod, JumpTap, Millennial Media, mobile advertising, mobile world, Quattro, Research In Motion, rim, smartphone, Storm2
Categories: Cell Phone Advertising, All things mobile phones, RIM.
Go800, a subsidiary of mobile media services and solutions provider GoIP, has launched an innovative, patent-pending mobile direct response service called Voice Keywords. This service intends to bring vendors and their target customers closer and make the process of direct response marketing simpler.
Voice Keywords is basically a text-to-action version of direct response marketing. Vendors can use certain keywords related to their business in their ads and customers can respond to those ads by texting the keyword to Go800. When they do, a representative from the vendors’ response team immediately gets in touch with them and offers more information about the product.
For example, a mortgage lender can lease the keyword ‘mortgage’ and use it in his marketing campaign. Customers, on seeing the ad, can simply text the word ‘mortgage’ to 46800 (Go800). Immediately, Go800 will call the customers on their mobile phone and connect them to a representative of the mortgage lender. All this happens within a few seconds.
Vendors can lease keywords that they want to use in their marketing campaigns. Go800 says that a lot of keywords, both generic and brand-specific, have been already taken by a number of advertising agencies and businesses.
I think it is a good idea which could become popular with vendors if pitched the right way. There are two reasons why I think this idea will click.
1. It makes it easier for a potential customer to respond to an advert. As a vendor, you cannot expect someone to see your ad, call the toll free number, wait patiently to get in touch with your representative, and get the information. It takes time, which could make some people lose their interest halfway. With Voice Keywords, all a customer needs to do is text a keyword to get a call from a representative instantly.
2. A lot of people do not have smartphones or high end phones with mobile web facility. They will not be able to visit your website immediately and get the information they want. Text messaging, on the other hand, is a facility that is available in almost all types of mobile phones. So, a potential customer can easily text a keyword and get the information he wants in a matter of few seconds.
Go800 plans to make it a global service and is currently building case studies to show potential vendors how they can benefit from such a service.
The idea of a company calling back a customer is certainly new for a lot of people in the industry. So, it might be difficult to convince them to come out of the ‘customer-calling-toll-free-number’ mindset and give this new idea a try. I, however, strongly feel that new ideas like this will become popular in the near future as businesses start looking for ways to become more and more customer friendly.
Tags: direct response marketing, Go800, GoIP, keywords, marketing campaign, mobile media, mobile media services, mobile phone, mobile web, text messaging, toll free number, Voice Keywords
Technorati Tags: direct response marketing, Go800, GoIP, keywords, marketing campaign, mobile media, mobile media services, mobile phone, mobile web, text messaging, toll free number, Voice Keywords
Categories: All things mobile phones.
The mobile industry is abuzz with the news about AT&T placing an order for 8 million Windows Phone 7 devices. The news comes from Michael Gartenberg, who is a well known name in the mobile industry. This news has surprised many for two reasons.
1. AT&T still remains the exclusive iPhone carrier in the U.S. The unprecedented success of the iPhone has helped AT&T increase its subscriber base significantly. In such a case, a shift towards Microsoft is seen by many as a shift away from Apple.
2. Microsoft is not a very big name in the mobile phone domain today, which is ruled by two of its greatest rivals – Google and Apple. So, many believe that AT&T will not gain much from a partnership with Microsoft.
On the surface, it looks like AT&T is taking a big risk by ordering such a huge number of Windows Mobile 7 devices. However, if you take a closer look, you will realize that it is not as risky as it seems.
First, there are rumors that the exclusive deal between AT&T and Apple might end soon. Industry insiders say that a Verizon version and a T-Mobile version of the iPhone might be in the offing, which would effectively end AT&T’s stint as the exclusive iPhone carrier in the country. If these rumors are indeed true, it makes sense for AT&T to look for an alternative since the iPhone will be no longer unique to its network.
Microsoft, due to various reasons, is still struggling to compete with Apple and Google and is desperately trying to become a dominant force in the mobile phone domain for ages. It is betting big on Windows Phone 7, which is expected to be loaded with highly advanced features. If Windows Phone 7 becomes a success, AT&T will be able to retain its position as a prominent carrier in the country and Microsoft will be able to gain a much needed foothold in the mobile phone market. So, whichever way you look at it, it is certainly an interesting move by AT&T. Will it pay off? Let us wait and watch.
Tags: Apple, AT&T, Google, iPhone, Microsoft, mobile, mobile industry, mobile phone, T Mobile, Verizon, Windows Mobile 7, Windows Phone 7
Technorati Tags: Apple, AT&T, Google, iPhone, Microsoft, mobile, mobile industry, mobile phone, T Mobile, Verizon, Windows Mobile 7, Windows Phone 7
Categories: All things mobile phones, Microsoft.
Mobivision, a digital media solutions provider based in Dubai, has developed a first-of-its-kind mobile application called Mobimag, which allows people to read magazines and newspapers on their mobile phones.
Mobimag is an ad-funded platform, which means it is available free to customers. The developers call it an intuitive, effective, and interactive advertising platform. They say the adverts could be in the form of small applications, games, videos, or animations, which gives advertisers a variety of choices to reach their target customer base. The platform has a ‘click to call’ button which customers can use to respond to the adverts.
The USP of the application is that it displays magazines and newspapers exactly in the same format as their print versions. It allows users to open and view the content in a mobile friendly format. Accessing print material on mobile phones is a fairly new concept in the Middle East, so, understandably, the application has garnered a lot of attention quickly.
Prominent UAE publishers including Campaign Middle East, Gulf Business Magazine, and the 7DAYS newspaper are available on the platform. Mobivision plans to have at least 20 publishers onboard within the end of the year. It should not be a problem as the platform offers a solution to a problem that most publishers in the region face – lack of multiple revenue streams. So, publishers are most likely to use this platform to deliver their content to the fast-growing mobile phone user base in the region.
Mobimag is compatible with more than 240 mobile phones, including Windows Mobile and Symbian based smartphones and certain models of Samsung, Sony Ericsson, LG, and HTC. Surprisingly, it is not compatible with the Blackberry, Android, and the iPhone – three of the fastest growing smartphone markets in the Middle Eastern region today. The company, however, has stated that customized applications for the Blackberry, Android, and the iPhone will be released later this year. It has also mentioned that a very special application for the iPad will be released shortly.
Tags: Android, Blackberry, digital media solutions, Dubai, htc, interactive advertising, ipad, iPhone, LG, Middle East, mobile application, mobile phones, Mobimag, Mobivision, Samsung, smartphones, Sony Ericsson, Symbian, UAE, Windows Mobile
Technorati Tags: Android, Blackberry, digital media solutions, Dubai, htc, interactive advertising, ipad, iPhone, LG, Middle East, mobile application, mobile phones, Mobimag, Mobivision, Samsung, smartphones, Sony Ericsson, Symbian, UAE, Windows Mobile
Categories: Cell Phone Advertising, All things mobile phones, Mobile Applications.
SingTel, the leading mobile operator in Singapore, has launched three innovative mobile applications to simplify the task of shopping and make it a lot more enjoyable experience for its subscribers.
Go! Shopping is a location based application that lets people find their way through the busy shopping malls of Singapore. It gives people access to indoor maps of various shopping malls in the country. With this app, people can find the details of particular stores at the click of a button. They can even save the details for future references.
Price Pal is a barcode based application that lets people find and compare the prices of various products easily. All a customer needs to do is scan the product barcode using his cell phone camera. The app will immediately display the prices of the product sold in various retail stores. This helps people compare the offers of various retailers and make an informed purchase decision.
Property Buddy is an application that gives valuable real estate information for people. If a customer needs to get a list of properties for sale or rent, all he needs to do is point his mobile phone camera towards the direction of the properties he wants to search. The app will display a list of for sale/for rent properties available in the area and their transacted prices.
SingTel has stated that these applications will be available free of cost for its subscribers. It, however, adds that it plans to generate revenue with the help of advertising. It says that the apps will come with standard in-app mobile ads that people will not find too intrusive. It also gives its customers the option of receiving targeted ads based on their preferences. These ads, however, are meant only for people who are interested in disclosing their preferences. The rest, who are not interested in the offer, can continue to enjoy these apps with limited ads.
Tags: Go! Shopping, mobile ads, mobile applications, mobile operator, Price Pal, Property Buddy, real estate information, shopping, singapore, singtel
Technorati Tags: Go! Shopping, mobile ads, mobile applications, mobile operator, Price Pal, Property Buddy, real estate information, shopping, singapore, singtel
Categories: All things mobile phones, Mobile Applications.
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