Showing posts with label mobile advertising. Show all posts
Showing posts with label mobile advertising. Show all posts

Cutting Through Chaos in the Age of Mobile Me - New Report

Supporting real-time enterprise mobility that is personalized and contextually relevant takes a lot of work. In fact, it takes digital transformation. We have all grown accustomed to using personal consumer apps that know and understand us (think airline apps and Netflix), our preferences and provide contextually relevant content. Today, we expect the same from all of our apps both consumer and enterprise.

Download the full report here "Cutting Through Chaos in the Age of Mobile Me".

Ninety percent of mobile users highly value personalized mobile experiences. In order to deliver these experiences one must have real-time data collection, analytics, personalization engines and mobile applications capable of supporting real-time personalization. One must also have an operational tempo within their IT systems and business processes capable of supporting real-time. These capabilities make possible innovative new business processes that provide significant competitive advantages for businesses that embrace them.

Delivering a personalized experience, however, requires data and lots of it. We have identified three key information rich sources of this data we call 3D-Me data sources:

  1. Digital – online activities, preferences, sentiment and profiles
  2. Physical – data collected from IoT sensors (on vehicles, buildings, equipment, wearables, smartphones, etc.)
  3. Personal – user preferences, roles, jobs, skills, locations, etc.
3D-Me data sources enable enterprises to collect the right data to gain an understanding of real-time activities, and insights into the needs of their users. One of the key ingredients of a 3D-Me data source strategy is users must agree to share personal data in exchange for value. This requires a new kind of enterprise/user relationships we call MME Data Partnerships.
Personalized experiences are not the whole story. End users want contextually relevant personalization. Personalization becomes relevant when you add time, context and location to it. Sending me an SMS alert that my local coffee shop is offering my favorite hot drink at a 50% discount for the next 45 minutes is not relevant if I am on the other side of the country. Relevant personalization requires the use of data triggers that identify contextually relevant opportunities, moments and environments (CROME). CROME triggers are bits of data that provide context, which can be used to provide relevant personalization at a specific time and place. Think geo-fencing jobsites.

These CROME triggers provided the data that when analyzed, understood and integrated with relevant personalization engines, can optimize the user's experience and productivity on the job.

CROME triggers can automatically deliver the right content at the right time. They can be connected to tasks, jobs, timesheets, etc. There are at least six tasks/challenges when implementing a CROME strategies:
  • Identify the required CROME triggers
  • Understand the meaning of each CROME trigger
  • Understand where and how CROME triggers can be placed, collected and transmitted
  • Monitor and analyze CROME triggers in real-time
  • Connect specific CROME triggers to specific personalization options and business value
  • Provide CROME powered personalization in mobile experiences
CROME triggers inform that something different and perhaps significant is happening. Finding the meaning, and then relating it to a particular personalization task or action follows.

The implementation of 3D-ME enabled data and personalization strategies and CROME triggers, all supported by IT systems and business processes running at real-time operational tempos will help companies deliver to the highest expectations of mobile users today and tomorrow.

Download the full report here http://www.cognizant.com/InsightsWhitepapers/Cutting-Through-Chaos-in-the-Age-of-Mobile-Me-codex1579.pdf.
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Kevin Benedict
Writer, Speaker, Analyst and World Traveler
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Subscribe to Kevin'sYouTube Channel
Join the Linkedin Group Strategic Enterprise Mobility
Join the Google+ Community Mobile Enterprise Strategies

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

Mobile Commerce Strategies and CROME Triggers

In my research on mobile commerce and mobile consumers' behaviors this year, the need to personalize a user's mobile/digital experiences always comes up as a top priority.  Everyone wants an experience that is relevant. However, as I pondered these studies, it occurred to me that personalization is only a part of the solution. If you received an SMS message on your smartphone about a shoe sales (your favorite brand and style), that ended yesterday, at a location hundreds of miles away, the personalization would be without value.  Yes, it is your preferred brand and style, but not in your location or at a relevant time.  So there is something missing.

We, at Cognizant's Center for the Future of Work, have identified through our research the need for CROME (contextually relevant, opportunities, moments and environments) triggers.  CROME triggers are bits of data that provide context, which can be used to provide relevant personalization at a specific time and place. For example, you buy concert tickets on a mobile app.  When the event ends, the app automatically shows you (based on CROME triggers) available car services and public transportation close to your location with an option to order a pick-up with one click.  The CROME triggers in this example are:
  • The purchase of concert tickets
  • Known date and time of concert
  • Known location and venue
  • Recognized distance from your home address
  • Your movement which predicts the concert has ended
  • Your physical location
  • Weather conditions
  • Visibility into the locations of available cars
These CROME triggers provided the data that when analyzed, understood and integrated with relevant personalization engines, can optimize the user's experience.

There are at least six challenges when implementing a CROME strategies:
  1. Identify the required CROME triggers
  2. Understand what specific CROME triggers mean
  3. Understand where and how CROME triggers can be placed, collected and transmitted
  4. Monitor and analyze CROME triggers in real-time
  5. Connect specific CROME triggers to specific personalization options
  6. Provide CROME powered personalization in mobile experiences
CROME triggers inform you something different and perhaps significant is happening.  Finding the meaning, and then relating it to a need for personalization is the topic of my next article.

Stay tuned for my new report, Cutting Through Chaos in the Age of "Mobile Me".

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Kevin Benedict
Writer, Speaker, Senior Analyst
The Center for the Future of Work, Cognizant
View my profile on LinkedIn
Read more at Future of Work
Learn about mobile strategies at MobileEnterpriseStrategies.com
Follow me on Twitter @krbenedict
Subscribe to Kevin'sYouTube Channel
Join the Linkedin Group Strategic Enterprise Mobility
Join the Google+ Community Mobile Enterprise Strategies

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

How Do Mobile Experts Use Mobility and What Does it Mean for Retailers?


One hundred percent of mobile experts in our recent survey of 108 mobile experts purchase products online.  Ninety percent have purchased products and services using mobile devices, but only 13% use mobile devices exclusively for purchasing products. Forty-five percent typically use only desktops/laptops, and 40% use both equally.  These are some of the findings from the survey we conducted in May of 2015.

How often do mobile experts purchase products and services using their mobile devices?  Only 1% purchase products using mobile devices daily, 30% weekly, 43% monthly and 20% once every three months.

Wow!  I am a one-percenter!!!  I use my Starbuck's app and Apple Pay often multiple times in a day.

In another recent survey of 5,000 people in North America that I was involved in titled Cognizant's 2015 Shopper's Survey, we found 73% still prefer using desktops/laptops for online purchases. This does not mean mobile devices were not used in the path-to-purchase journey, rather desktops/laptops are often preferred for payments.

Our findings also reveal a typical path-to-purchase journey involves multiple platforms and devices. Often smartphones are used for quick searches and discovery, tablets are used for in-depth immersive product research, and desktops/laptops for purchases.  People even change their device preferences depending on the time of day.  Mobile devices are popular in the morning, at lunch and in the late afternoon.  Desktops and laptops are popular during business hours, while tablets are popular in the early to late evenings.  This points to the popularity of living room and in-bed shopping.  When asked where they are located when making online purchases they answered:
  • 46% in the living room
  • 36% at work
  • 29% in the bedroom
  • 24% in the TV room
  • 20% in coffee shops or restaurants
The use of multiple devices and platforms at different times of the day makes it challenging for online retailers and marketers to track consumer interests.  When asked the time of day when they make most of their online purchases, mobile experts listed the times in the following order by popularity:
  1. Early morning
  2. Mid-morning/Early afternoon
  3. Noon
  4. Late night
Our findings reveal that the retail strategies of yesteryear are insufficient for future success.  Today those involved in mobile commerce have many new challenges.  Mobile users follow different path-to-purchase journeys across multiple devices, times and locations.  These journeys look different for different demographics, categories of products and products with different price points as well. Context is mandatory today to understand how to personalize a digital experience.  Recommending places to eat in San Francisco based on my past preferences, when I am in Boston isn't useful.

Collecting greater quantities of data with users' permission in order to provide a contextually relevant and personalized experience is a hurdle retailers must overcome.  I have some thoughts.  Stay tuned for my new report, "Cutting Through Chaos in the Age of "Mobile Me."

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Kevin Benedict
Writer, Speaker, Senior Analyst
The Center for the Future of Work, Cognizant
View my profile on LinkedIn
Read more at Future of Work
Learn about mobile strategies at MobileEnterpriseStrategies.com
Follow me on Twitter @krbenedict
Subscribe to Kevin'sYouTube Channel
Join the Linkedin Group Strategic Enterprise Mobility
Join the Google+ Community Mobile Enterprise Strategies

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

The Latest Trends in Mobile Commerce that You Can't Miss

In a recent survey, conducted by Cognizant's Center for the Future of Work and Cognizant's retail practice, we found that of 5,000 people who make online purchases at least a few times each year, 68.1% (3,918) make online purchases at least once a month.  Out of this group, here are the age breakdowns:
  • 71.6% of 18-24 year olds make online purchases at least once a month, and 77.3% of these report using mobile devices at least as much as desktop/laptops for online purchases.
  • 79.8% of 25-34 year olds make online purchases at least once a month, and 82.2% of these report using mobile devices at least as much as desktop/laptops for online purchases.
  • 74.1% of 35-44 year olds make online purchases at least once a month, and 79.9% of these report using mobile devices at least as much as desktop/laptops for online purchases.
  • 69.7% of 45-54 year olds make online purchases at least once a month, and 75.7% of these report using mobile devices at least as much as desktop/laptops for online purchases.
  • 61.6% of 55-64 year olds make online purchases at least once a month, and 68.2% of these report using mobile devices at least as much as desktop/laptops for online purchases.
  • 55.2% of 65+ year olds make online purchases at least once a month, and 61.8% of these report using mobile devices at least as much as desktop/laptops for online purchases.
These are interesting numbers, but not necessarily unexpected.  The biggest discoveries in the data are found in the behavioral differences of mobile consumers.  E-Commerce or website based online commerce has been around for over 15 years, and most retail companies have been interacting with their markets via websites long enough to have a solid understanding of online behaviors, but mobile commerce is still new and dynamic enough that uncertainties remain.

Here are a few interesting findings I discovered while researching for my latest report on Mobile Consumer Behaviors and the Retail Experience.
  • 24% of 5,000 survey participants, report they research and/or compare prices using a mobile device while shopping in-store most of the time to every time - 44% rarely to never do.
  • Survey participants that use mobile devices at least equal to desktops/laptops, shop online once or more a week at a rate 82% higher than desktop/laptop users.
  • Mobile shoppers conduct research late at night at a rate 46.1% higher than desktop/laptop online shoppers.  That makes sense, desktops are kind of heavy to take with you to bed.
After my first couple of passes through this new data, it is obvious there are significant behavioral differences between mobile shoppers, desktop/laptop shoppers and offline shoppers.  These behavioral differences, given the rapid growth of mobile commerce, must be understood and integrated into sales and marketing systems and strategies in order to maximize success.

If your company is involved in retail and mobile commerce and would like to meet and review all of my latest findings, please contact me here.

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Kevin Benedict
Writer, Speaker, Senior Analyst
Digital Transformation, EBA, Center for the Future of Work Cognizant
View my profile on LinkedIn
Learn about mobile strategies at MobileEnterpriseStrategies.com
Follow me on Twitter @krbenedict
Subscribe to Kevin'sYouTube Channel
Join the Linkedin Group Strategic Enterprise Mobility
Join the Google+ Community Mobile Enterprise Strategies

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

The Latest Developments in Mobile Marketing Apps

 
Mobile marketing is a big growth area and advertisers are very excited.  For the first time advertisers have the opportunity to show you amazingly enticing products and services on small screens while you are driving very fast down the freeway in traffic!  

In the past, this driving time was wasted with drivers simply staring at the road and glancing periodically at their mirrors.  In the trade, advertisers called this driving time, “the dead zone” since drivers were distracted and not paying attention to advertisers' promotions. 

The ROI for mobile advertisers can be incredible, even after you account for customer churn due to traffic accidents.  Mobile advertising can be made both time sensitive and location aware so drivers feel an intense urgency to respond immediately if they have any hope of taking advantage of it.    

All of the sales, promotional and product details can be included right on the mobile device screen for drivers to read.   Be sure to include the details in order to avoid any confusion or misunderstandings with drivers.  

Hurry!  However, before you pass that slow truck ahead of you, change lanes or exit, please read the fine print.  The sale only lasts 15 minutes and requires pre-approved financing at 27% interest!"

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Kevin Benedict, Mobile Industry Analyst, Mobile Strategy Consultant and SAP Mentor Alumnus
Follow me on Twitter @krbenedict
Full Disclosure: I am an independent mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.

Mobile Marketing News Weekly – Week of April 1, 2012

The Mobile Marketing News Weekly is an online newsletter that is made up of the most interesting news, articles and links related to mobile marketing that I run across each week.  I am specifically targeting market size and market trend information.

Also read Enterprise Mobility Asia News Weekly
Also read Field Mobility and M2M News Weekly
Also read Mobile Commerce News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly

According to the latest edition of Mobile Messaging Futures, recently published by Portio Research, MMS – launched after the initial success of SMS to deliver multimedia content – has until recently been the second greatest revenue generating non-voice service, after SMS. Read Original Content

You are missing an opportunity if you do not have a mobile website and marketing strategy. According to Forrester Research, a mobile marketing agenda is on three out of four marketers’ lists this year. Read Original Content

New research from Forrester shows that although tablets were designed to be portable computers, the devices are being used primarily while users are stationary and at home and are also more likely to interact with shopping, banking and other time-consuming commerce-related activities. Read Original Content

Verivo is a leading provider of enterprise mobility software. Verivo helps companies accelerate their business results. Its unique technology empowers teams to build, deploy, manage and update their mobile apps -- rapidly and securely. Verivo’s mobility platform is used by hundreds of companies in numerous industries, worldwide. This newsletter is sponsored in part by Verivo.  To learn more, visit www.verivo.com

According to a recent study by Verve Wireless, over 50 percent of consumers say it’s very important their next car be mobile-friendly (capable of syncing with apps on their smartphone or be Bluetooth-enabled, for example). Read Original Content


At the recent Mobile Marketing Association Forum in Singapore, Gavin Mehrotra, director of international media for Coca-Cola Co., started his presentation stating categorically that: "SMS is the No. 1 priority in mobile at Coca-Cola.” Read Original Content

Interviews with Kevin Benedict