14-10. Mobile marketing can be confusing for a small business owner. Develop a presentation to present to
Question:
14-10. Mobile marketing can be confusing for a small business owner. Develop a presentation to present to small business owners that describes mobile marketing, its advantages and disadvantages, and examples of how small businesses are using mobile marketing. (AACSB:
Communication; Reflective Thinking)
By 2016, the value of mobile advertising in the Middle East will have grown at a rate of 37 percent to $2.8 billion. This is just part of the spectacular growth rates in digital marketing across the whole region. Still ahead of the rest of the region is Saudi Arabia, with 36 percent of the mobile Internet users taking notice of mobile advertising. The UAE and Egypt are in tied second place with 32 percent. Across the region, around 60 percent of all mobile Internet users read mobile advertising sent to them; this compares very favorably with just 10 percent who stated they either never read it or do not get sent any advertising.
The opportunities for businesses, big and small, local and multinational, are enormous. Mobile advertising budgets for tablets and smartphones are set to increase at a rate of at least 40–50 percent; this is the biggest segment of the digital market. Since 2013, over 57 percent of all companies across the region have increased their digital advertising spend. These figures are against a very promising backdrop of global growth in mobile marketing.
This is built on the fact that 4.55 billion people own a mobile phone; some 1.75 billion of them are smartphones. In many countries, smartphones are far more common than old generation ones. Inevitably, this means a new focus for marketers.
Step by Step Answer:
Marketing An Introduction
ISBN: 9781292146508
13th Global Edition
Authors: Marc Opresnik, Gary Armstrong, Philip Kotler