IAB Releases Mobile Buyer’s Guide at Mobile Conference

The IAB (Interactive Advertising Bureau) released a first-of-its-kind Mobile Buyer’s Guide for mobile marketing agencies at the IAB Marketplace: Mobile Conference on Monday.

The guide explains the medium of mobile advertising in detail and offers valuable information for mobile marketers to help them create and run mobile marketing campaigns successfully. The guide contains everything you need to know about mobile advertising – key terms and definitions, an overview of the U.S. market, a look at the key demographics, tips to create and run mobile marketing campaigns, and a number of examples to illustrate the intricacies involved in such campaigns.

You can take a look at the guide here.

Personally, I think this is a great initiative by the IAB. Though a lot of experts predict a big future for mobile advertising, it is still in its nascent stage and an unbelievably huge number of people are completely unaware of its potential. This kind of a detailed guide will definitely help people understand the value of advertising on mobile phones.

Mobile Marketer, AdMob, Mindshare, ESPN, HBO, NBC Universal, Nestle, AIG, Deutsch, IKEA, CNN Digital, Verizon Wireless, Microsoft, Pandora, Citi, and Nokia Interactive Advertising were some of the names involved in the conference. The future of mobile marketing was discussed in detail and the general feeling among both business owners and marketers was that mobile marketing as a medium is poised for huge growth.

Some of the important points raised at the conference include

• The click through rates of mobile display ads are five to ten times more than the click through rates of banner ads on websites.

• Online advertising has reached a point where almost every other website is filled with ads and people have started ignoring a majority of those ads. Advertising on mobile phones, on the other hand, is still in its nascent stage and a lot of consumers show interest in it.

• Microsoft, which has been trying really hard to dominate both the online and the mobile space, has had very good success with mobile ads so far. Compared to their online ads, mobile ads have performed exceptionally well so far. As a result, Microsoft is planning to invest a lot of money in mobile advertising.

• At the time of recession, mobile phone advertising can help businesses irrespective of their size. Mobile advertising campaigns are easy to create, easy to manage, and give excellent results. The response rates of these campaigns are usually way higher than the response rates of traditional advertising methods.

• A lot of companies have yet to try mobile coupons, location based advertising, and other types of mobile marketing which give very good results. However, experts believe that the situation will change slowly as more and more people are becoming aware of the potential of advertising on mobile phones.

Based on what I have seen and heard so far, I am of the opinion that mobile advertising, as a medium, will break through to the mainstream in a few years from now. What do you guys think?

Categories: Cell Phone Advertising.

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Ford’s innovative mobile marketing campaign in India

Okay folks, let me ask you a question.

You’re a billion dollar automobile company, you’ve just released a new, peppy edition of your car which appeals mostly to youngsters, and you want to grab the attention of young car enthusiasts all over the country. What do you do?

Simple. You do mobile marketing.

Ford did the exact same thing in India when it released its new Ford Ikon Music Edition car called the iKool. Ford used the services of MindShare, a mobile marketing company, to come up with a creative mobile marketing campaign for iKool. MindShare contacted Nokia and made an agreement to advertise on Airtel Live!, the WAP site of India’s leading mobile operator, Airtel. Airtel is part of Nokia Media Network and it readily agreed to this arrangement.

MindShare created an innovative, content rich WAP site for Ford iKool. Mobile users around the country were served with banner ads through Airtel Live!. Those who clicked on the banner ads were taken to the iKool WAP site where they had the chance to download mobile games, wallpapers, ringtones, and many more.

The response rate for this mobile marketing campaign was a terrific 8.58%. Especially, two content pages – “Services For You” and “News & Sports” – saw a phenomenal click through rate of 14%, which is unseen before.

Ford has actually set an important precedent, as far as I’m concerned. I still remember, when Ford came up with its new model called Fiesta in India about a year and a half back, it mostly relied on TV ads and newspaper and magazine coverage. Now, just within a couple of years, things have changed so much that it went straight to a mobile marketing company to get the job done. And the result was there for everyone to see, right?

Categories: Cell Phone Advertising.

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