Sunday, March 9, 2008
London, UK, Mar 5th 2008: Velti, (LSE-AIM: VEL), a mobile marketing and advertising technology service provider, launched version 4.0 of its Mobile Marketing Platform (MMP 4.0) at Mobile World Congress in Barcelona.This latest version features enhanced advertising and marketing templates enabling Velti’s customers to reach consumers through new interactive mobile mediums including mobile communities, games and applications. Building on more than seven years of experience in mobile advertising technology development, MMP 4.0 allows advertisers and operators to create campaigns that offer consumers a unique mobile marketing experience rather than simply putting adverts in front of eyeballs. Loyalty schemes, mobile coupons, social networks and other interactive templates can now be easily designed, deployed and measured giving marketers new ways to reach customers through their mobile phones and other portable devices. “MMP 4.0 allows companies to bring the mobile phone into the wider marketing mix,” says Alexandros Moukas, CEO, Velti. “Rather than just experiment with mobile advertising and marketing, advertisers now have the technology platform to engage with customers in new ways to create brand awareness, build loyalty, offer new content and interact in ways that traditional advertising can not.” Velti’s founding principal for its technology platform is to offer enhanced interactivity with end users, taking mobile advertising and marketing beyond the banner ad and other Internet advertising staples. MMP 4.0 enables advertisers to develop more sophisticated SMS and MMS campaigns offering integration with online games and social networks that allow mobile communication. MMP 4.0 also includes a new version of the Personalization Engine, capable of retrieving and processing real time data from consumer behaviour resulting in real-time dynamic segmentation and user-targeting. This advanced facility results in phenomenal response rates to campaigns, such as in the campaign developed with mobile operator MTEL on a short code competition led to the country’s most successful mobile campaign with over 12.5m messages from a subscriber base of just 4.5m. Adds Moukas: “Our customer base of global brands, mobile operators and media companies want to reach out to consumers in new and exciting ways. They’re thinking way beyond the banner advert but need a technology and service partner that gives them the platform and the confidence to invest in new mobile campaigns. MMP 4.0 builds on the incredible success story of Velti as a company. As mobile advertising evolves into a crucial part of the marketing mix, Velti will continue to offer customers new and innovative ways to exploit the market to its full potential.” Velti is offering demonstrations of its innovative Mobile Marketing Platform at its booth 7C86 in Hall 7.
Friday, August 3, 2007
Google is angling for a huge slice of the potential $11 billion (£5.4 billion) mobile advertising market with the launch of a “Google phone” especially tailored to its services.
The internet search giant is understood to be developing a handset that is customised to showcase its products, such as its search engine, e-mail and Google Maps.
The GPhone, about which the Californian group has already held talks with mobile operators, including Spain’s Telefónica, is aimed at helping it to secure a chunk of the rapidly growing mobile advertising market. It hopes to replicate its runaway success with internet advertising by acting as “broker” for mobile advertisements.
The failure of 3G services on mobile phones and a lack of “web friendly” handsets has held back the market for mobile advertising.
However, with phones becoming ever more sophisticated and mobile network speeds faster – more than 20 per cent of UK mobile subscribers are expected to have access to the mobile internet at broadband speeds by the end of this year – mobile is now seen as the next battleground for advertisers.
Sir Martin Sorrell, the chief executive of WPP, the marketing group, recently highlighted the growing importance of mobile. Figures compiled by WPP suggested that mobile phones will account for a 5 per cent share of all advertising spending in Britain by 2010. Research by Informa Telecoms & Media forecasts that the market for advertising on mobile phones is set to be worth more than $11.3 billion annually in 2011.
A Google-branded phone could go head-to-head with Apple’s iPhone, which is set to be launched in the UK before Christmas.
Mobile is deemed so valuable in part because of the targeting that the devices allow. Eric Schmidt, the chief executive of Google, said recently that mobile phone ads are “twice as profitable or more than nonmobile phone ads because they are more personal”.
Google has already brokered deals with mobile phone companies, including Vodafone, the British operator.
Google’s search engine also comes preloaded on handsets made by companies including Samsung and LG.
However, some mobile companies are thought to have been reluctant to hand over too big a share of their revenues to Google.
This year some operators, including France Télécom, which owns Orange, held talks about creating a search engine to challenge the likes of Google and Yahoo!. Google is now hoping to create its own branded and designed handset and to develop more advanced services for phones.
Sources familar with Google said that any notion of a Google phone was “speculative”. A spokesman for Google in the UK said: “We are partnering with almost all the carriers and manufacturers to get Google search and other Google applications on to their devices and networks.”
Source: Times Online
Wednesday, August 1, 2007
Tuesday, July 31, 2007
Furthermore, these devices have penetrated the market more effectively than any other medium. It's hard to say how many South African's carry a cellphone, but the three cellphone networks together total a combined base of over 36 million active SIM cards in 2007.
Comparing that to radio, TV and Internet stats, cellphones are now the dominant communications device in the market. The South African Advertising Research Foundation (SAARF) says in its AMPS (All Media and Products Survey) 2006 survey that there are around 28.5 million radio listeners and around 24.5 million TV adult viewers*. In addition, the ratio of cellphone users compared to Internet users and landlines is around 5:1.
Similar global trend
The trend globally is similar. Cellphones are in the majority with 2.5 billion active cellphones, compared to an estimated 900 million Internet users and a billion television sets.
And to add even more weight to these figures, most people's cellphones remain within two metres of them for the majority of the day, while TVs, radios and even the Internet are sampled sporadically.
Within this context, add the fact that we live instant lives. When I want to know something, I want to know it now. Not in five minutes time, now when I get to the office. Now.
Let's take a scenario or two: Bob is at his daughter's birthday party and there is no TV in sight, no radio to listen to and he certainly wasn't allowed to bring his laptop along. But the Springboks are playing their opening game against Samoa in the World Cup and he wants to know the score. If he could get the score off a .mobi site throughout the game, that would be great. Better yet, he'd like updates sent to him as the game progressed.
Jenny's sitting at a coffee shop with a friend, Liz, chatting about how she's going to surprise her husband for her anniversary. Liz remembers a great restaurant but can't remember where it is exactly or what the telephone number is. TV or radio won't help; neither will the newspaper at the front of the coffee shop. A cellphone will, particularly since this new restaurant has its own .mobi site with menu and contact details.
Harnessing the power of mobile
As a consumer you're already nervous when hearing words like “harnessing”. What am I going to get next on my phone? Searching for information like Bob or Jenny is one thing, having it sent to you is quite another.
At the same time, the cellphone has the power to deliver really worthwhile information to you, the consumer. For example, a retail store sends you a MMS with its latest specials and an extra 15% off your total bill if you present the MMS at the cashier.
Now who's going to complain about that? Or you're about to be eligible to upgrade your cellphone contract and your service provider sends you an MMS with a barcode saying if you take it in and upgrade your contract, you'll get a free Bluetooth headset.
Therefore communicating to consumers via their cellphones in a way that benefits them not only builds trust between consumers and companies but provides a mutually beneficial interaction.
Put together in days
And while the process of building a campaign to communicate with customers via the TV, radio or Internet can take weeks to months, a well-though- out mobile campaign can be put together in days.
But it's about being creative and capturing the consumers' attention and most importantly adding value.
*Importantly, these figures represent people who watched TV or listened to the radio once in the space of a week