Kevin's Mobile Retailing News Weekly is an online newsletter that is made up of the most interesting news, articles and links related to mobile retailing applications and mobile marketing applications that I run across each week. I am specifically targeting market size and market trend information.
In 2010 small businesses adopted a number of new technologies such as mobile, group purchasing and location-based marketing as part of their business advertising strategies. However, social media has quickly risen to the top. According to the recent Ad-ology 2011 Small Business Marketing Forecast, 46 percent of small businesses plan to increase their marketing spend in 2011, up from 29 percent last year.
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In a new report market research firm Gartner forecasts that global mobile app store revenues will triple from $5.2 billion last year to $15 billion in 2011, and keep growing to an astounding $58 billion by 2014.
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Groupon recently acquired a small online coupon startup in India called SoSasta (which means “very cheap”). However, the real leader in India’s digital coupon space is actually SnapDeal, which currently boasts over 1 million subscribers, holding roughly 70 percent of the market share.