Connected TV Devices More Than A Gimmick, Forrester Report Says

written by: Richard Kastelein

Share this Article

shutterstock 68819029Forrester Research has just released its “2013 Mobile Trends for Marketers,” a smart report about the mushrooming mobile business that predicts $4.6 billion in mobile ad revenue in 2013, an increase (in the customary Web-incredible way) of  52%,  and retail revenues of $12 billion, up 62%.  

But Don’t’ get that excited writes P.J. Bednarski... The report’s authors, Thomas Husson and Julie A. Ask say up top,  that in 2013,
 
...“While there is no doubt that some retailers and media companies will be able to easily measure a positive mobile ROI, we expect the majority of players to face a mobile monetization gap.” (I think that’s a way to say they won’t make much.)

Forrester has a good reputation for taking long looks at the media business, and this report is in that vein, basically concluding that companies that advertise on mobile still aren’t “all in” and suggesting that marketers set up separate units at their firms to deal exclusively with mobile efforts.

Marketers are often shopping their mobile efforts  to outsiders, treating  in-house IT staff  “ ‘like your kid brother who ‘just doesn’t get it.’ In 2013, you will need to build this relationship and convince them to move mobile requirements higher on the list of design parameters — or you’ll find yourself even further behind in 2014.”

'2013 Mobile Trends for Marketers' predicts that this year there will be a 52% increase in the mobile ad revenue, taking it up to $4.6 billion with retail revenues of $12 billion, up 62%. As smartphone and tablet use increases, so does the viewing of videos via mobile. There are currently 1 billion smartphones and 150 million tablets in use across the globe. However, the report's authors, Thomas Husson and Julie Ask, have said that despite the expectation that some retailers and media companies will easily obtain a positive mobile ROI in 2013, most businesses will face a "mobile monetisation gap", concluding that companies that advertise on mobile still aren't quite "all in".
 
The Forrester report has also predicted the future for connected TV, saying that marketers need to prepare themselves for the consumerism of connected devices, which the report forecasts will happen in the near future.
 
"While connected devices will remain outside the mainstream in 2013, marketers need to prepare for new scenarios for engagement by capturing and putting to work information about consumers' bodies and the physical environment they inhabit. "As a consequence, there will be a further blurring of the lines between digital marketing and digital product development.
 
Marketers should stop considering these new connected devices as just gimmicky shiny objects. Time spent in cars and in front of a TV is too huge to ignore the early opportunity to start experimenting with apps and services that can engage perpetually-connected consumers."

Other Sites

Social Media

News

About Us

TV Hackfest London 2013
TV Hackfest San Francisco 2014
M2M Hackfest 2013

Hackfest Twitter
TV App Market Facebook
TV App Market Linkedin
TV App Market Google+

Developer News
Enterprise Apps News

Digital Marketing News
Telecoms News
Cloud Computing News

This email address is being protected from spambots. You need JavaScript enabled to view it.
About us
Advertise
Write for TV App Market
Copyright © TV App Market 2010-2013