Blyk to expand its market further

Blyk is one company which I’ve written a lot about in this blog, even at the risk of sounding like a paid blogger. But then, that’s me. If I like something – it might be a concept, a company, a person, or whatever – I’ll write about it.

The success story of Blyk is one of the most talked about stories in town right now. When the company first announced that it will offer free talk time and free text message facility to customers who opt in to mobile ads, not many thought it was a good idea. But then, it reached its target of 100,000 subscribers in the UK in just six months. The company’s customer base is full of young people who don’t mind getting targeted, relevant ads on their mobile phone. Now, thanks to this great success, Blyk has announced its plans to expand its virtual empire further.

The company will soon start its operations in Germany, Spain, Netherlands, and Belgium. If you remember, it announced its plans to further expand its network quite some time back when it got the much-needed funding from Goldman Sachs and Kuwait’s Industrial Financial Investments Company.

In my opinion, Blyk has set an example, a precedent for operators around the world. If you know your target customer segment and target them properly with the right plan, you will almost always succeed.

Categories: Blyk.

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A look at India – the fastest growing mobile phone market in the world

India has been the fastest growing mobile phone market in the world for quite some time now. There are already 250 million mobile phone users in India and the number gets increased by 6 million every month, thanks to new users. There are a few reasons behind this impressive growth.

1. Indian economy is on a roll and has had an impressive growth over the past few years. This has increased the purchasing power of the people significantly, especially that of the middle class people. As a result, the 30 million middle class people in India are the target customer segment for mobile companies now.

2. The price range of mobile phones is quite big. You can get low-end mobile phones in the $20 - $30 price range and at the same time you can get high-end mobile phones in the $600 - $800 price range. So, whether you belong to the super rich category, middle class, or lower middle class category, you can get a mobile phone which fits into your budget.

3. There are several major mobile operators in India and there is intense competition in the market. Almost all of them have slashed their call charges, text message charges, and offer a lot of value added services. What this means to the user is, not only can he get a handset at an affordable rate, but he can also afford to keep his phone charges within his budget every month. This has led to more and more people buying mobile phones.

Recent reports predict that India will have a whopping 500 million mobile users by 2010. This is the reason why mobile advertising is considered the next big thing in the Indian market.

Though mobile advertising by third party advertisers is yet to become popular, several mobile operators are already doing it successfully. Notable players like Bharti Airtel, BSNL, Tata Indicom, Reliance, and Vodafone regularly send text messages to their users regarding latest offers, new plans, and other issues.

That said, a few big players have already tried their hands on mobile advertising through third party advertisers and have had a good response. Recently, Hindustan Lever and Coca Cola launched mobile advertising campaigns promoting their products and have had good response rate so far. Since Indians are very active in using features like text message, MMS, and mobile internet, mobile advertisers have tons of choices to come up with personalized mobile advertising campaigns.

All in all, India will be a market to watch out for in the next few years as far as mobile advertising is concerned.

Categories: Cell Phone Advertising, All things mobile phones.

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Mobile phones in India to come preloaded with ads?

With a mobile user base of around 250 million and growing, India continues to be the hottest market for mobile phone manufacturers. However, the rates of mobile phones have gone down sharply over the years. There are two main reasons for this.

First, the target customer segment of mobile phone manufacturers as far as India is concerned is the middle class people. According to surveys, the number of middle class people in India is estimated close to 300 million. In order to target this segment, mobile phone manufacturers have introduced new models which cost very little. And since the middle class also happens to be the most active customer segment in India, the low-priced models usually sell well, leaving the mobile manufacturers with no option but to continue with them.

Second, there is hellacious competition in the market. Both CDMA and GSM phone manufacturers are hell bent on capturing the biggest market share and as a result, they’ve cut down their prices sharply.

As a result, you can now get a mobile phone for just over $20 in India. Due to this reason, mobile phone manufacturers are looking for different ways to make money. One such way is mobile phone advertising.

Already, Nokia is planning to generate revenue through its mobile internet platform Ovi. Also, some of the mobile phone manufacturers in India are in talks with UK based mobile media firm Affle.

Especially, Affle’s SMS2.0, a mobile application, seems to have caught a lot of attention. This application adds a lot of new features like color, graphics, signature, and emoticons to an otherwise ordinary text messaging service. When the customer sends a text message using this application, there will be an ad at the bottom of the message and a full-screen ad while the message is being sent. Affle is also planning to add features like social networking and mobile search to this application.

Some of the big names in India including Airtel are interested in this technology and might soon incorporate it in their handsets. There are plans of releasing handsets which will have this application preinstalled. However, mobile manufactures might want to test the waters and see the user response for such handsets before taking any major decision.

Categories: Cell Phone Advertising, All things mobile phones.

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Basics of mobile marketing

The New Media Institute recently released a report on mobile marketing which had some interesting facts and very good points.

The report says that a lot of major brands in the US are into mobile marketing and their success rate has been very good so far. It also says that when done the right way, mobile marketing can get you very good results which will be way better than the results that you get from traditional advertising methods. One of the main reasons why all these big brands choose mobile marketing is the ability to connect to people. Mobile marketing can help you target your customer segment accurately – something that traditional advertising methods often fail at.

The report also states three important things about mobile marketing.

First, you need to offer something to people in order to make them join your mobile community. You need to convince them that there is a benefit in joining your community. You can do this by offering free products, discount coupons, special access to exclusive content, and so on.

Second, you need to make sure you respect their privacy. You need to contact them only when they want you to, not whenever you want to.

Third, relevancy of your campaign. You should get to know about people’s preferences and target your mobile marketing campaign accordingly. You cannot send an ad on KFC to a PETA activist. So, you need to make sure you send relevant ads in order to get response from the other end.

Well; I think that pretty much sums up everything. Mobile marketing campaign, when done the right way, can be the magic bullet big brands are looking for.

Categories: Cell Phone Advertising, All things mobile phones.

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M:Metrics has some encouraging news for mobile marketers

A recent report from M:Metrics states that men in the age group of 18-34 are considered the best target for mobile advertisers in the U.S. and Europe. Men in this age group respond to text message advertisements and more importantly, access mobile web quite frequently. This has made mobile marketers take notice of this potential customer segment.

In Europe, mobile users in this segment are equally inclined to both text message adverts and mobile media. In fact, the numbers are quite encouraging for mobile marketers in Europe. In England, the number of mobile media users is 26.8% while in France and Germany it is 18.4% and 18.5% respectively. In fact, a significant amount of mobile users in England who belong to this age group prefer their mobile phone to TV, as they can get everything they want from mobile web.

The report also says that almost one third of mobile users in UK said that they prefer to respond to mobile ads and would like to buy products that are advertised. This statistics, more than anything else, should be very encouraging for mobile marketers in Europe.

Mobile users in the U.S., unlike their European counterparts, are not that much interested in text message adverts. They are more inclined to access mobile web for news and other information.

Categories: Cell Phone Advertising, All things mobile phones.

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