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InMobi study reveals that mobile web and apps are significantly changing consumer-buying behavior
SINGAPORE, Feb. 27, 2013 /PRNewswire/ -- To better understand changing media consumption usage and behaviours across the world, InMobi, the largest independent mobile advertising network, has today released the findings of its Mobile Media Consumption Report, a study of over 15,000 mobile users in 14 markets across all continents through its global mobile ad network, and research partners Decision Fuel and OnDevice Research. The study reveals that the appetite for mobile media continues to rise and that the mobile is not just a fundamental part of consumers' communication needs, but increasingly the core platform through which they access the Internet and engage with brands online.
Naveen Tewari, CEO and co-founder at InMobi, comments: "Mobile devices now permeate every aspect of modern life. The study reveals that mobile users are always-on, whether surfing the mobile web while spending time with family (48%), at a social event (45%), commuting (60%) and shopping (43%). This creates a huge opportunity for brands and marketers to engage with consumers throughout the day unlike traditional advertising like print and TV."
Mobile interactions increasingly influence buying behaviour
Overall analysis reinforces the shift towards mobile with 50% of the average global mobile web user now using mobile as either their primary or exclusive means of going online. This has resulted in mobile devices becoming an indispensable shopping tool, gaining popularity as a viable shopping channel and now used throughout the research and decision-making process of a purchase.
Mobile advertising's proving to be effective across the entire purchase funnel:
Opportunities for brands to engage with consumers through mobile apps
Mobile apps can offer brands remarkable opportunities to engage with consumers on a more personal level all across the globe. The findings of the research reveal the accelerated usage of mobile apps and found that the average consumer actively uses 6.5 apps throughout a 30-day period.
Encouragingly, 54% of respondents reported that they had noticed ads while engaged in an app. In fact, a considerable 80% of respondents were influenced by a mobile ad to download an app and 67% went on to visit a brand's website immediately afterwards. Mobile advertising is not only helping to drive app downloads but also increase website traffic.
Ad format preferences are emerging for different user segments
The research found that 59% of mobile users are now as comfortable with mobile advertising as they are with TV or online advertising. Whilst mobile ads in apps are the most noticed among mobile users, the study highlighted that different formats of mobile ads appeal to different segments of consumers. Globally, 54% of users discover mobile ads via apps, 40% on a search engine, 27% on a retailer website and 23% on a video website.
Mobile commerce surges
m-commerce continues to evolve and consumer adoption is high with 66% of consumers surveyed having spent money on an activity via a mobile device. This will continue to increase significantly as 80% of consumers plan to conduct mobile commerce in the next 12 months, a 21% increase from where we are today.
Naveen Tewari, CEO and co-founder at InMobi, concluded: "This study reiterates the industry stats on the mobile media consumption boom. With consumers now being increasingly receptive to mobile advertising and in-app ads, there has never been a better time for brands to embrace the use of mobile technologies. Finally, it highlights the fact that there is a real need for the industry to continue to rapidly innovate the ad experience and deliver rich, relevant, and timely content to the user."
InMobi is an innovative mobile technology company that enables the world's leading brands, developers, and publishers to engage global consumers. InMobi builds mobile-first technology platforms that leverage advances in big-data, user behaviour, and cloud-based architectures to simplify advertising. Agencies and advertisers leverage InMobi platforms to create HTML5 rich media ads and engage 578M consumers across 165 countries. Developers and premium publishers use InMobi platforms to acquire and monetise their mobile apps and their mobile websites across the globe. With offices in multiple continents, InMobi provides global reach with local service and support across the globe. InMobi is venture-backed by investors including: SoftBank, Kleiner Perkins Caufield & Byers and Sherpalo Ventures.
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