How do you judge the impact of an advertisement? How do you find out if it was effective or not? In most cases, you go by brand recall - the ability of the customer to recall your brand after being shown the ad a few times. Until now, TV was considered the best medium to place ads as it had the highest brand recall rates. But mobile advertising has simply changed everything.
According to reports from analysts, mobile ads have higher recall rates than TV ads. At the recent Mobile Advertising Degree conference, the representatives of Verizon Wireless emphasized the same fact. They also added that despite being costlier, mobile ads are preferred over online ads because they have a phenomenal click through rate.
This is incredible. I’ll explain you why. First, TV has a huge reach. Second, ads in TV are so common that people no longer consider them a problem. Third, a TV screen is more fit for rich ads and watching an ad on a TV screen could be actually fun.
Now, let me compare this with mobile phones. First, a mobile phone, until now, is not considered a primary advertising medium. Second, ads in mobile are considered intrusive by many, so you can’t expect mobile advertisers to start sending ads to all and sundry. Third, watching an ad on a mobile screen, especially a low end mobile phone’s screen, is not exactly a great experience.
Going by what I’ve said above, anyone can say that the odds are stacked against mobile advertising. But guess what? Mobile ads have a phenomenal click through rate of 2% and more, which is way better than online ads.
Now, just imagine. If these kinds of results are possible right now, what could be the case in future when we have more high-end mobile phones, richer ad formats, improved technology, and most importantly, an open-minded society which is not averse to mobile ads? All I can say is one word – unimaginable.
Tags: advertisement, advertising medium, brand recall, click through rate, high end mobile phones, mobile ads, Mobile advertisers, mobile advertising, mobile phone, mobile phones, mobile screen, online ads, recall rate, rich ads, TV, TV ads, TV screen, Verizon Wireless
Technorati Tags: advertisement, advertising medium, brand recall, click through rate, high end mobile phones, mobile ads, Mobile advertisers, mobile advertising, mobile phone, mobile phones, mobile screen, online ads, recall rate, rich ads, TV, TV ads, TV screen, Verizon Wireless
Categories: Cell Phone Advertising.
Media analyst Screen Digest recently released a report on mobile advertising which brings out some interesting points.
The report emphasizes that mobile advertising is still in its nascent stage and will grow rapidly in the next few years. However, this is something we’ve all been told about mobile advertising for quite some time now. So, my focus is on two points which I thought stood out from the rest.
Mobile TV will be the major revenue generator as far as mobile ads are concerned. However, it needs to have its own set of metrics in order to be considered an important advertising medium by advertisers. While mobile TV is touted as the next big thing in mobile advertising by many, people need solid data to assess how effective the ads have been and to calculate the ROI. This, I think, is a valid observation.
By 2012, ad-funded mobile games will become hugely popular and over 60 million of such games will be downloaded per year. That is a huge number and should give a lot of hope to mobile advertisers. In my opinion, ad funded mobile games are a great way to reach users without actually ramming ads down their throat. We’ve already seen some examples like product placement in mobile games which have been quite successful in sending a subtle message to viewers through strategically placed ads within the mobile game. However, the report also says that such mobile games will not be the major source of revenue. Even then, I think mobile based games and other such content are a great way to interact with customers which can popularize the brand well.
Tags: ad funded mobile games, advertisers, advertising medium, games, media analyst, metrics, mobile ads, Mobile advertisers, mobile based games, mobile game, mobile games, Mobile TV, mobile advertising, product placement, screen digest, subtle message
Technorati Tags: ad funded mobile games, advertisers, advertising medium, games, media analyst, metrics, mobile ads, Mobile advertisers, mobile based games, mobile game, mobile games, Mobile TV, mobile advertising, product placement, screen digest, subtle message
Categories: Cell Phone Advertising, All things mobile phones.
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