Saturday, June 16, 2012

Daily Deals: Go National or Go Home, Pinterest Pinners and BI Mobile Conference Event Recap

Daily Deal Media News
newsletter
Social Commerce News for June 16th, 2012
Recap: Business Insider Mobile Advertising Conference New York, NY.

On Thursday, June 14th Business Insider held a summit on mobile advertising, where advertisers, publishers, and solution providers shared their strategies on mobile trends. The conference covered the growing mobile market trends in the past and present, while offering future forecasts for mobile and apps.

The U.S mobile ads and offers market currently stands approximately at $1.17 billion, but is expected to reach $6.6 billion in the next five years. And if your ears perked up, then take a look at what else the speakers had to say:

Ads in the App-Conomy:

Peter Farago, VP Marketing of Flurry

“There are 7 billion people on the planet… 6 billion have phone subscriptions.”

Farago began his speech with a quote by Marc Andreesen: “Software is eating the world.” His slide show presentation depicted how people are now using mobile apps more than a browser base computer. People are constantly changing the way they consume their media, and “this is the year of the mobile.”...

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Pandora Second to Google in Mobile Ad Revenue

2011 was a great year for Pandora Radio’s mobile advertising fortunes. The company made $100 million in mobile ad spending, trailing only Google in that category. The search engine earned $750 million in mobile advertising revenue.

Trailing Pandora are Apple iAd with $92.4 million and Millennial Media with $90.9 million.

Pandora VP of Mobile Advertising Sales Brian Colbert said at the Business Insider Mobile Advertising Conference that mobile advertising spending has not caught up to mobile Internet traffic.

 Colbert also added that mobile budgets aren’t big enough and credited that to “trepidation” and said “trafficking and reporting aren’t where they need to be.”

 

Pinterests: An Inside Look Behind the Pinners

Yes, those obnoxious little Facebook infographics have a meaning behind them, other than to clog up your newsfeed. The digital bulletin board allows you to share hobbies and interests with your online socialites, ranging from cooking to jewelry making, and home decoration to…Ryan Gosling? You can follow others by browsing through categories and “liking” their interests or adding a comment.

Pinterest is exclusive-entry only, as access is gained by invitation from either the company itself or a friend that has it. Once you are in, you can get right to work, by uploading image clippings that you can find on the web and “pinning” them straight to your board. Because the Facebook community is so interested in viewing your recipes and crafts.

Because it’s images only, it takes the clutter of text and Web pages away,” claims Pinterest user, Jennifer Levy, an interior designer in Brooklyn. She shares her images with clients to get inspiration for other designs.

The site actually gained a lot of popularity since its 2009 launch, becoming one of the fastest-growing websites in history—it’s 10 million monthly pinners accumulated faster than Facebook and Twitter ...


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