One
of the quickest growing industries in the world is that of mobile
advertising. It is estimated that spending for mobile advertising will
reach $4 billion across the globe this year. Five mobile advertising
trends have been outlined by GigaOM recently.
Better Behavior Targets
Mobile
advertisers are using traditional ad targeting methods such as a
demographic group or context and devices. Within the next five years,
mobile advertising will be able to display ads on phones based on the
person’s behavior and their current location. Mobile advertising
companies have already released some beta programs, one of which has
reached 70 percent success level off the bat.
Larger Search for Mobile
One
of the biggest reasons for advertising spending is the feature known as
mobile search. The majority of mobile money made by Google comes from
its mobile search features. People will continue to use mobile devices
to search for products and content, with those search numbers rising
rapidly in the next five years. When better targeting is employed,
advertisers will be able to deliver ads that are more relevant to
consumers based on location, keywords, and predictability changes.
Analytics on a Better Scale
Advertisers
do not have access to measuring tools for mobile ad campaigns that they
would like to see right now. Excellent guidelines have been setup by
The Mobile Marketing Association and the Interactive Advertising Bureau.
The guidelines are still evolving and not all mobile advertisers are
playing the rules that have been established.
Improved Interaction
The
majority of mobile ads on phones are delivered using text form or
banners. The ads can be clicked on by consumers but do not come across
as very interactive. Rich-media advertisements cost more money than text
ads or banner ads, which means they are not common amongst mobile ads
today. Interactive ads will be incredibly popular and widespread in five
years. They will allow consumers to collapse the ad, manipulate the ad,
and expand the ad however they like.
Personal Cloud
The
social media world and the mobile world are already intertwined today
with sites like Gowalla and Foursquare. Within the next five years,
there are Stanford researchers who believe that the personal cloud will
explode onto the scene. The personal cloud will contain personal data
that can be accessed anywhere you go, so long as you have your phone
with you. The personal cloud can be shared with any person you choose
and can be used to make purchases and perform other tasks.
News,
information, weather reports, social networking, search and maps are
the most commonly used destinations on mobile phones today. The majority
of mobile users typically utilize their browser to search for
information than their downloaded applications. United States consumers
prefer to use a browser for mobile banking and other secure tasks.
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