2. DEFINITION
The next big marketing tool(s)
Combination of “mega-trends” that add new value to
products and services
3. RISING TREND
Trend emerged in 2010 to
2011
Arose with popularity of
smartphones and tablets
that integrate geo-location
technology
FB - Open Graph in 2010 for
users to carry social identity
Apple with App Store
Google with Google Play
= more Internet
activities on the go
4. HOW TO USE SOLOMO
Social Media
use accounts such as Facebook,
Twitter, etc. to engage target
audience
Cheap and effect way to build
relationship and brand
Local Visibility
use local search directories, actively
target local customers
Mobile Marketing
use mobile ads, check-in deals with
Facebook or Foursquare
(taken from
http://socialmappmedia.com/solomo/)
6. EFFECTS TO E-COMMERCE
Gives local businesses tools and products to
connect with customers
Enable merchants to deliver permission-based
deals to connected customers within immediate
vicinity
Less cost in advertising to small-to-medium
businesses while reaching target market
7. Kapture
EXAMPLES
Free iPhone app that
helps small business use
mobile marketing without
own app or website
Claim rewards by taking
photos from nearby
businesses
Sidewalk Ad
Reinvented concept of
sandwich board
Start-up company with
free apps that shows user
deals within immediate
radius
Claim virtual coupons or
save in virtual wallet
Local businesses come
together and have events
in line with SidewalkAd
8. WHAT’S NEXT?
Continued
popularity of texts
– still cheapest,
simplest, and has
widest reach
Increased use of
QR codes to
complement
SOLOMO strategy
Rise in use of
mobile payment
9. WHAT’S NEXT?
Firms will rise
to support
businesses in
going
SOLOMO
Google Glass -
adds additional
feature to
SOLOMO
wherein apps
and services
can
predetermine
user's need
Social – person; Location – context of person; Mobile – dependent on device near person
Combined opportunities of mobile platforms, social networks, and local commerce
Different platforms complement one another
Various technology that connect people and spaces seamlessly
Consumers are more on the go and connected – different way of marketing
Other example: Nike+ Running app – gets geolocation to post map of route taken, can be shared on social media
revolutionize how small businesses interact with customers
exploit ubiquity of smartphones and social media
Kapture - identifies user's location and presents nearby business with promos where user takes pictures and allows user to instantly redeem rewards
Riding on Instagram trend of taking photos of food
Sidewalk Ad – charge merchants $40
- can create promotions in less than 2 mins and update ad copy in real time
"virtual sandwich board"