9/10/2010 9:47:28 AM

IT Comms news: Location based mobile marketing worth $1.8bn!?

Lots of us have handsets or devices with location apps on them (the iPhone with Google Maps for example), and this presents fresh opportunities for retailers to get customers through their doors and spending money. ABI Research predicts the mobile location based advertising market to be worth $1.8bn by 2015.

 

More advertisers are now getting plugged into this location-based technology: with the rise of social gaming services where users tag where they are at any one time, a captive audience of mobile users, who are increasingly sharing their location, is being created. Facebook has added a location feature to its service, Twitter allows you to tag a location and a map to where you are tweeting from.

 

While it is early days the options for advertisers are becoming increasingly defined with three sets of locations in operation - GPS, Wi-Fi and cell-ID (the latter approximates your location by using the identity of the nearest base station you are connected to).

 

For retailers the process now involves analysing their customers' mobile and location habits, before choosing which location based service partner to be used.

 

Will the mobile community be put off by the Big Brother approach? It might start to feel like we're living in a real-life version of the Tom Cruise flick "Minority Report"...but perhaps, in time, users will warm to the availability of discounts and shopping rewards brought about by these adverts.

 

Author: Damian Hicklin

IT Security Manager

ARM

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