MOBILEADVERTISINGBOOK

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“This necessary book is the kind of roadmap we all wish we had back in 2001. It will guide you to success in mobile advertising, hopefully helping you to cross the chasm from unproven to proven success for your brand. It will help technologist think about what they can bring to the table, and investors think about where to invest.”

From the Foreword, Greg Stuart, Former CEO, IAB, Coauthor, What Sticks?

Mobile Advertising

Supercharge Your Brand in the Exploding Wireless Market

 

Chetan Sharma, Joe Herzog, and Victor Melfi

Published by John Wiley, Feb 2008

Hardback, 432 pages, 68 figures

 

Mobile advertising is the stuff of which great cocktail party conversations are made. Some research houses are telling us to expect a $12 billion market by 2011. Online advertising has grown to look like a business to print money, so it’s only natural for there to be a little envy among us all. But that shouldn’t cause us to forget that online advertising didn’t exactly happen overnight—it was tough sledding. And while there are obvious winners today, we all tend to forget the carnage left in the wake of unrealistic expectations.

This book is about assessing the market opportunity and understanding its challenges and issues so as to make money and create long- term value with mobile advertising. We’re convinced there’s a market here but developing it to its full potential won’t be easy. It never is.

Mobile Advertising—Supercharge Your Brand in the Exploding Wireless Market is the first comprehensive book on the business of mobile advertising, and we hope it is useful to anyone involved in the Web or wireless industries, from either the technology or marketing/advertising side.

Because the market is nascent, we focus on the unique advertising capabilities of this emerging medium. And we evaluate the structural obstacles currently in the way of this potential and evaluate possible remedies and solutions.

Figuring out what mobile advertising means at this early stage and what you may want to do about it is best served by incorporating several distinct perspectives—the conceptual, the analytic, and the practical. This is why the three of us decided to collaborate on this initiative.

Because we all have a passionate interest in going from buzz to biz, we’ve interviewed many prominent and relevant thought leaders to round out our perspectives.

For the purposes of our discussion, we use the term mobile advertising broadly. By mobile advertising we mean any way to message a person while they’re mobile through any mobile device, so as to influence their behavior. This includes space advertising such as a mobile banner in an application, promotional treatments such as an SMS “ coupon,” or even a mobile search model.

Mobile technology has the opportunity to turn a lot of image advertising into direct response treatments. It can provide remarkably valuable targeting capabilities and the kind of interactivity required to get people’s attention. Because of these inherent capabilities, the traditional lines between marketing, direct response marketing, database marketing, and promotion converge in creative ways.

So in this book, we use the term mobile advertising as meaning the systematic planning and implementation of a mix of activities designed to bring together mobile consumers and sellers. Given this definition, we discuss and include:

  • Direct response, including promotions requiring a consumer response.

  • Search advertising and marketing and its derivatives around pricing and auction types.

  • Brand campaigns and all the implementation possibilities regardless of mobile technology.

Our basic thesis is that mobile advertising shows great potential due to the compelling nature of the medium and the fact that advertisers want to see this happen. Once any new advertising medium is established, such as the Internet, it’s always easy to forget how long it took and that its success was not guaranteed. There are significant obstacles to overcome for mobile advertising to become meaningful. We want to offer a detailed and honest analysis of those hurdles and offer a perspective on how they can be managed.

 

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