Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
The Power of Mobile Marketing
1. The Power of Mobile Marketing in Your Hand
By Brett Hudson, President of Text Cash Network, Inc.
Mobile marketing was the most active segment within
digital advertising for mergers, acquisitions and investments
in 2011, according to a new report from marketing and
media investment bank Petsky Prunier.
Developers and marketers have adjusted their strategies to
the growth in consumer use of mobile sites and applications
and, as a result, delivered 41 mobile-related acquisitions
worth approximately $780 million in 2011 and 39
investments worth $314 million.
Mobile marketing deal activity in 2011 increased 150 percent from 2010,
according to Petsky Prunier’s summary of 2011 M&A and investment activity.
A recent report from Juniper Research suggests that the mobile coupon market
will be worth $46 billion by 2015, a large jump from the $5.6 billion projected for
the industry this year.
Cost effective mobile coupon campaigns are now within the reach of smaller
retailers providing them with an easy way to drive profitable footfall and build
customer loyalty.
To ignore the potential of mobile coupons would be to ignore the future of
mobile commerce.
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