Digital and mobile ad revenue to hit £75 Billion ($150B) by 2011
MocoNews have posted a summarisation of a report claiming that “Digital and mobile advertising revenues are expected to increase 12-fold to about $150 billion worldwide between 2002 to 2011.”
This has been nicely spliced together with a report on ‘Young mobile users’ of which “…35 percent of 16- to-35-year-olds would use more ad-funded multimedia messaging services (MMS) if those services were offered for free or at a discount.”
With figures like “18-35 demographic group currently consumes 56 percent of mobile media content” it’s easy to see why so many marketeers are desperate to crack mobile marketing in this category. The idea of sea saw marketing, where users pay for content by accepting advertisements alongside it, is something of the norm for the iGeneration. So does it work? Are we be able to create a meaningful relationships between brands and consumers simple by offering loyalty rewards that the consumer actually wants? Is this the holy grail of permission marketing, or is it simply just more noise? I guess we’ll have to wait until we get to the crazy Arthur C. Clarke world of 2010 before we really find out.
