Internet browsing on smartphones is exploding so fast globally, it's hard to keep up. Once again it's important to remember that you can't transfer your marketing strategy from desktop to mobile without adjusting it. Or you can - Google actually makes it very easy to extend ads to mobile devices - but you definitely shouldn't, because you will only get poor performance.
Everybody working in mobile advertising and media knows this all too well: Consumers have gone mobile, but advertising spending is lagging behind. This disproportional gap can be clearly seen in the statistics published by the mobile app analytics company Flurry:
Local advertising is booming - in the U.S., the business is expected to grow from $21.7 billion last year to $42.5 billion by 2015, according to BIA/Kelsey – that's 14.4% compound annual growth rate (CAGR).
Lately we have received increasing number of requests from search advertising firms and ad networks to provide a call tracking solution for sponsored link and performance campaigns. Last year according IAB, search advertising spend in Europe totalled 6,7 Billion euros, or 45,8% of total internet ad spend.
We wrote a couple of very large contracts the last 3 weeks. During this time, I had more contact with legal councils than with my family...
What is an inbound call from a prospect worth in terms of money for a Mover? A first page listing in a local search engine for one keyword is priced in the area of €5 000 for a yearly subscription. How many new customers would you like to receive for that market spending? Moving all your stuff from one house to another normally costs you about €1500 inc VAT. If the gross margin is 50%, a new customer is worth €750. Is 20 new customers enough, generating gross revenue of €15 000? Three times the market spending.