As longtime readers of my books, blog and posts here in iMedia will tell you, I’m not exactly bullish on mobile advertising.
At least not in its current model, which mostly takes the conventions from another medium (ad banners on the old-school Internet) and plops them into our used-to-be-shrinking-now-ever-expanding mobile phone screens.
Let me explain.
In 2005, it was clear to me that mobile advertising would have to be a game changer. But not just because it’s mobile, or the fact that you can target based on things like location.
As I wrote back then in my first book, BRANDING UNBOUND, the web banner-based ad model for mobile was something that had to be tried, and continues onto this day – if not for anything else than it’s a familiar framework, and it’s easy for agency folks to explain to clients.
Indeed, most marketers still don’t have a clue about mobile marketing. Just think of how the industry (and financial markets) herald Facebook’s success in mobile advertising.
I find it intriguing. I have yet to see a Facebook banner ad that a.) I’ve clicked on, and b.) is anything different than the way I’d experience that same ad on the old school Internet.
Just because an ad... Read more
We’re the all-powerful marketing team and when we say that something is a deal, then it darn well is.
Unless it’s not.
The slow-pitch, knock-it-out-of-the-park prediction was that mobile would set sales records Black Friday (whenever that is – more on this is a second) and Cyber Monday. More have smartphones, brands have made mobile a focus, mobile web sites aren’t buffering like they did on BlackBerry devices in 2005, and we’re a society that craves convenience. Or is lazy.
What seems to have caught many by surprise is that much like a giraffe is a giraffe even if we tell others that it’s a rhino, Black Friday is a day. Not a week. Not a month. Heck, someone might try to call all of 2015 Black Friday.
Except that it’s foolish to extend a dedicated shopping day to a longer period and then to whine about a dip in Black Friday sales. Ummm, you asked them to buy on what everyone else calls a Monday. They were done by Friday – or didn’t believe that the “deals” were few and fleeting.
We might look back and say that extending the “special days” to longer periods made sense because overall sales were up, but... Read more
Google’s Jason Spero, up there with Mary Meeker as a “must-hear” speaker on mobile activity and where we are headed, recently chided the industry for focusing so much on app installs.
He also said that while a brand that sees 5-7% of its customers being reached by mobile is labeled a success, there is an opportunity for much more if marketers would give consumers more ways to “take action”.
“My fear is that we as an industry have over-indexed on app installs as the goal, when what we need to focus on is the mobile consumer who wants to solve real-world problems like booking a flight or buying makeup,” Spero, Google's VP of Performance Media, said in a keynote at the M1 Summit in San Francisco.
“There is so much revenue to be made for an app install, but it's a very small part of what is going on for consumers in mobile. It’s about recognizing that moment and recognizing what they want and need in that moment”.
Spero (@speroman) pointed to what he called ”fundamental consumer behavior changes”, adding that they are “planning, researching, buying and finding on mobile.
“Think about how you serve broader action on mobile.”
Meeker, a partner at venture capital firm... Read more