We have seen a lot of reports about India being a very dominant player in the mobile advertising market, right? Here is one more report to add to that long list. Limbo, a California based mobile social networking company, and GfK Technology, a Germany based market research company, have come up with a joint report which brings up some important points about mobile advertising in India.
The report says that eight in ten mobile phone users in India get ads on their mobile phone which is unprecedented to say the least. The numbers we are talking are huge – there are 300 million mobile users in India now and, on an average, there are 100 million new mobile connections added every year. In this scenario, mobile ads could have a tremendous reach in both urban and rural areas.
The report also says that text messaging or SMS (short messaging service) is the most sought after format of mobile advertising. Around 75% of the ads delivered in India are text based.
Mobile internet or mobile web is not as popular as one would imagine in India as data plans are quite costly. But the report predicts that the rates will come down significantly due to three reasons.
1. A lot of youngsters are interested in mobile web. Considering the fact that more than 500 million people in India are yet to celebrate their 20th birthday, this is a huge market.
2. The quality of mobile web browsing has increased tremendously thanks to high end phones like Apple iPhone. So, the number of people who use the feature will go up steadily.
3. Most importantly, mobile web, as predicted by experts around the world, is the future of mobile advertising. So, mobile advertisers will find a way to reach their target customers through mobile web. What this means to the end user is that he could get a lot of free, ad sponsored multimedia content.
At the end of the day, all this data leaves us with a question – is the future of mobile phone advertising heading east?
Tags: apple iphone, India, iPhone, limbo, mobile internet, mobile phone advertising, mobile social networking, mobile ads, mobile advertising, mobile connections, mobile phone users, mobile users, mobile web, multimedia content, short messaging service, SMS, social networking, text messaging
Technorati Tags: apple iphone, India, iPhone, limbo, mobile internet, mobile phone advertising, mobile social networking, mobile ads, mobile advertising, mobile connections, mobile phone users, mobile users, mobile web, multimedia content, short messaging service, SMS, social networking, text messaging
Categories: Cell Phone Advertising.
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