Giveaways Key to Mobile Marketing
- Posted: Monday, June 04, 2007
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- Author: pradhana
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- Filed under: Advertising, Market Survey, Marketing, Mobile Advertising
Would you watch ads for a free phone?
Mobile advertising will generate $2.3 billion in revenues in the US by 2011, according to EJL Wireless Research's "Global Mobile Advertising Market Analysis 2006-2011."
The firm expects mobile couponing to be the largest ad segment, accounting for 42% of the overall market by 2011.
Earl Lum of EJL said, "We believe that the recent transaction involving Third Screen Media and AOL is the tip of the M&A iceberg for the mobile advertising industry and anticipate and recommend a significant consolidation of the industry to create market efficiencies that will eventually lead to explosive growth."
eMarketer's own projections for the US mobile ad market made in January 2007 covered spending, not revenues, and had the market passing $2.3 billion in 2009.
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