The Best Marketing Channel
is
Mobile (MMS & SMS)
Q: What are the 3 things most people never leave
home without?
A: Car keys, wallet and their mobile phone.
Mobile
reaches a broad audience. Over 98% of the mobile
phones in the US and Canada can send and receive
text messages. Mobile messages have a 99% read rate.
The result is a trackable and measurable solution
that speaks to your customer. With 91 percent wireless
penetration in the United States alone, more companies
and organizations use the medium to reach out to
existing and potential customers. What is astounding
is that 22.7 percent of the U.S. population is a
wireless-only home, meaning they have substituted
their mobile phones for a landline. Ninety-five
percent of existing mobile contracts have SMS built
into the agreement and more than 90 percent
of text messages are opened and read compared to
less than 40 percent of all email solicitations.
Specifically,
SMS Short code campaigns are rapidly growing in
popularity
because of their inherent simplicity, ubiquitous
outreach, societal trendiness, perpetual accessibility,
and unbiased reach. All this results in being the
most effective channel for marketers!
Virtually
all phones are SMS capable, which means the channel
can reach 5 billion subscribers worldwide. A study
by ABI Research finds that consumers worldwide will
send more than 7 trillion SMS messages in 2011,
indicating a huge opportunity for marketers. And,
according to Nielsen Mobile, the average consumer
sends 600 messages per month compared to using less
than 200 voice minutes.
Brands
and advertisers can use SMS to:
• Reach customers who do not have a smartphone
• Reach consumers they have not engaged with
recently (customer retention)
• Acquire customers who did not even know
you existed
• Monetize interactions through incentivized
offer paths
• Add new channel to the communication preferences
list as more people prefer SMS as a contact mode
• Drive sales through coupons and deals
What
mobile strategy makes the most sense for your business?
Text messaging, Coupons, Text2Win, a Mobile Website,
Mobile Apps or a campaign integrated with your other
media?
The
result of an advertising initiative by Chicago’s
Shedd Aquarium perfectly illustrates
the benefits of using short codes in marketing campaigns.
To test the difference in response rates, the aquarium
ran several TV commercials that directed viewers
to a Web site to register for a contest and one
commercial that gave viewers the option to enter
the contest by sending a text message to a short
code.
The
short code campaign generated 325 percent more entries
than the Web-based call-to-action. While it only
ran in 25 percent of the ads, the short code campaign
generated to 52 percent of the total entries. The
results demonstrate how short code campaigns
make it easy for the consumer to respond to the
calls to action while it is still top of mind.
Ashley
Furniture HomeStore provides another example
of SMS effectiveness when compared with email. The
chain held a four-day Secret Sale that was only
promoted by email and SMS. After subtracting the
discounts from coupons, Ashley Furniture
HomeStore sold $122 dollars (redundancy) of merchandise
for every dollar spent on SMS — which dominated
the $76 ROI achieved for every dollar spent on email.