Mobile Rich Media is the Next Big Thing -- Tom O'Regan, Martini Media

Thereamp8217s been a lot of buzz about rich media for mobile lately Skype unveiled a rich media ad unit Facebook and Pointroll are both in the game Tapjoy and Celtra recently announced a partnership to offer rich media ad units Itamp8217s official Mobile rich media is the next big thing Why is it all the rage Itamp8217s simple Mobile rich media offers advertisers the ability to reach the richest audiences with the best contentLetamp8217s break it down For one thing rich media is more engaging It gives advertisers the ability to develop and serve more entertaining content and better content all around Thatamp8217s a score for consumers who are much more willing to interact with ads that have more entertaining contentMobile rich media is also taking off because mobile adoption continues to skyrocket In addition to the launch of a more budgetfriendly iPhone tablets are also becoming more accessible and both consumers and businesses are adopting them at a high rate According to Pew Research 56 percent of US adults own a smartphone and one third of American adults own a tabletThose numbers are only going to grow Gartner predicts that this year global tablet shipments will grow 679 percent with shipments reaching 202 million units At the same time Gartner expects the global mobile phone market to grow 43 percent reaching 18 billion units this year Itamp8217s clear that consumers are hungry for mobile devices That love will only grow deeper as device makers keep upping the ante with higher resolution screens and faster processorsThis is the ideal environment for rich media mobile ads to blossom because with adoption comes the demand for content Rich media ads offer engaging content and therefore have higher response rates than your traditional mobile banner ads The numbers prove it According to Opera Mediaworks rich media mobile ads are up to four times as effective as standard banner ads in terms of clickthrough rates According to Celtraamp8217s Mobile Rich Media Monitor Report native ads deliver over four times higher expansion ratesclickthrough rates when compared to static mobile banners In addition the Celtra report revealed that rich media mobile ads generate 12 times more clicks than desktop banner adsWith the launch of mobile ad units like IABamp8217s rising stars advertisers can integrate loads of interactive features that can appeal to consumers These are the same consumers that have trained themselves to ignore banner ads Rich media ad units can include audio video games animations and other features They can even take advantage of locationbased services providing a richer user experience that is designed for todayamp8217s smartphone device A unit can start out small as 320x50 for a mobile banner and then expand to 320x416 once the users clicks to trigger the contentThe examples speak for themselves From established auto brands like Ford to luxury brands like Patek Philippe marketers are making the most of the mobile canvas for brand storytelling Martini worked with both brands to integrate engaging video within the mobile unit that helped tell a verbose brand story right in the hands of the most receptive audience and with 58 percent of affluent consumers using their smartphones while they watch TV it is important to tell the most engaging story onthegoThe bottom line is that mobile ads can be more engaging With more consumers adopting mobile devices and better devices at their disposal a static mobile banner just wonamp8217t cut it anymore With all of these new options available to help engage and delight consumers why would anyone run a plain old mobile banner adTom Oamp8217Regan is a seasoned advertising executive with an expertise in vertical publishing and sales strategy As President ampamp CRO of Martini Media he is responsible for companywide advertising revenue and operations Tom can be reached at tomoreganmartinicorpcomRead all Toms MediaBizBloggers commentaries at Through the Martini GlassCheck us out on Facebook at MediaBizBloggerscomFollow our Twitter updates at MediaBizBloggerThe opinions and points of view expressed in this commentary are exclusively the views of the author and do not necessarily represent the views of MediaBizBloggerscom management or associated bloggers MediaBizBloggers is an open thought leadership platform and readers may share their comments and opinions in response to all commentaries

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Mobile Rich Media is the Next Big Thing -- Tom O'Regan, Martini Media

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