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New Report Predicts Slow Mobile Ad Growth Until 2010

May 16th, 2008 @ 12:52 pm

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Tags: Advertisement, Mobile, Mobile Advertising Revolution, Advertising & Promotion, Marketing, Jake Swearingen

The mobile advertising revolution has been just around the corner for years now, and according to a new report put out by the folks over at Heavy Reading, it’s going to stay around the corner for at least another 18 to 24 months. There’s a quick chart which nicely sums up just why it’s going to take so long for mobile ads to become a real driver in the industry:

Mobile advertising strengths and weaknesses

I think the final limitation is also the greatest in mobile advertising. Because cell phones are still largely seen as tools for communication, and not as entertainment devices — although this is changing — consumer attitudes towards advertising are going to be markedly different from people they expect when they’re watching television, reading a magazine, or browsing a celebrity gossip blog.

AT&T already sends me periodic text messages shilling for ringtones I can buy at their Media Mall, and they fill me with a rage that most advertisements don’t. If I was on a plan where I was also paying for every text I received, I imagine I’d smash my phone. This is a stumbling point, though, not a game ender. People’s attitudes towards the tech in their life can change, and the report predicts mobile ad revenue will top $10 billion by 2013.

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Jake Swearingen

A reporter for BNET, Jake Swearingen has written for Wired and Business 2.0, covering everything from locative technology to high-definition online video. A graduate of the University of Arkansas, he worked for a non-profit in Washington D.C. before making the jump out to San Francisco and getting into journalism. more »

AboutAdvertising Industry

BNET Advertising provides daily industry news coverage and insights for managers and executives about the major companies in advertising, marketing, and public relations. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, mergers and acquisitions, cost management, new investments and deal flow, and other crucial business issues.

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