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It’s time for a little celebration in good old Blighty. Blyk, the London based ad funded mobile operator, has reached yet another milestone quietly. The company has increased the number of its subscribers to a whopping 200,000.
To understand the significance of this feat, we need to put things in perspective. Blyk is the first ad funded mobile operator in the world. When it started off, it had just one goal. It was to get 100,000 subscribers within the first year. However, since the company was funded completely by advertisements, no one really thought it was possible. The idea of people getting talk time in return for getting ads on their mobile phone didn’t sound majorly appealing at that point of time. However, the response was so good that it reached its goal in just six months.
Now, just a few months after reaching its goal of 100,000 subscribers, the company has crossed yet another milestone – 200,000 loyal customers – All of them willing to get ads on their mobile phone to get free talk time and free text messages.
The important thing to be noted here is that the response rate for these mobile ads has been nothing short of terrific. 25% of the customers who get ads on their mobile phone respond to them. In other words, it costs only around $0.85 per response, making it highly profitable for the advertisers.
200,000, when compared to the millions of subscribers in the UK, might seem like a small number. But you have to consider an important point here. This is the beginning of a trend. Mobile advertising is still in its infant stage and a lot of mobile users around the world are yet to realize its benefits. So, in a relatively new market, Blyk has been able to get 200,000 loyal subscribers within such a short span of time. And it has managed to achieve the highest response rates at the lowest costs possible. In other words, it has got a highly targeted customer base which is a dream for any advertiser. With the number of mobile users increasing by the day and people becoming aware of mobile advertising, you can only expect these numbers to up. To put it simply – watch out for Blyk. 
Tags: Blyk, free talk time, free text messages, loyal subscribers, Mobile advertisers, mobile ads, mobile advertising, mobile operator, mobile phone, mobile users, response rate, talk time
Technorati Tags: Blyk, free talk time, free text messages, loyal subscribers, Mobile advertisers, mobile ads, mobile advertising, mobile operator, mobile phone, mobile users, response rate, talk time
Categories: Cell Phone Advertising, Blyk.
Experts predict that mobile marketing will give conventional marketing methods a run for their money, Juniper Research and various other research firms predict that mobile advertising will be worth more than $13 billion in 2013, and Google, Microsoft, and Yahoo are trying hard to take over the mobile market by storm. However, in the midst of all this, one company has been making strides quietly. It’s Blyk.
Blyk’s offer of 217 free text messages and 43 minutes of talk time to mobile users has become very popular and it’s evident from its growing user base. The response from their target segment, 16-24 year olds, has been phenomenal so far. When it started out in the UK, Blyk announced that getting 100,000 customers in the first year will be its target. However, the actual number will be a lot bigger than that, thanks to its overwhelming popularity.
Blyk has also taken a leaf out of Gmail and has come up with the idea of invites. From now on, Blyk users will be able to invite a number of friends to join the network.
One of the most important things about Blyk is that it is able to target its customers with the right kind of ads. Its mobile advertising campaigns are targeted at the right segment of users and so it almost always gets a good response from them. This is also the reason why experts consider Blyk a media agency which also happens to be an operator, instead of a mobile operator that sells advertising.
If mobile advertising industry were to grow at the rate experts have predicted, Blyk would be in an enviable position a few years from now. As of now, Blyk has a loyal customer base of 16-24 year olds which keeps growing steadily. In 2013, when mobile advertising is expected to grow real big, Blyk will have a loyal user base of 24-30 year olds which is open to mobile advertising with larger disposable incomes. What more can you ask for?
Tags: advertising campaigns, Blyk, disposable incomes, free text messages, Gmail, Google, Juniper Research, loyal customer base, loyal user, making strides, marketing methods, Microsoft, mobile advertising, mobile market, mobile marketing, mobile operator, mobile users, overwhelming popularity, talk time, target segment, Yahoo
Technorati Tags: advertising campaigns, Blyk, disposable incomes, free text messages, Gmail, Google, Juniper Research, loyal customer base, loyal user, making strides, marketing methods, Microsoft, mobile advertising, mobile market, mobile marketing, mobile operator, mobile users, overwhelming popularity, talk time, target segment, Yahoo
Categories: Cell Phone Advertising, All things mobile phones, Blyk.
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