JacApps
By Tim Davis | February 17th, 2012

App Annie recently rolled out a report that highlights 7 key trends about the Rise of the Planet of the Apps.”

Here’s some of our takeaways from this study that can help you with your mobile strategies:

  • If you have a great app, you’ll raise your revenue ceiling with a “freemium” vs. a premium model.
  • Apps with in-app purchases are monetizing at more than double the rate of those without this feature.
  • For 2011 iPad downloads are up 200%, and up 70% for iPhone
  • Tablets will continue to convert notebook and smartphone owners at faster rate, and eventually represent 60% of the PC market by 2015
  • Revenues from iPad apps are now contributing to 30% of overall iOS revenue -
  • The iPad generates 2.4X more revenue per download than iPhones/Touches.
  • Norwegians love premium apps

These figures and estimates are likely conservative given the upcoming changes to Apple’s desktop platform, OS X, where they’ve just announced they are dropping the “Mac” name from the OS, and are incorporating more and more iOS features in the next version due out this summer.

Check out the infographic below:

 

 

Share this
By jacAPPS | February 7th, 2012

jacAPPS head honcho and sales maven, Paul Jacobs, takes a closer look at all the hubbub surrounding Facebook, and what the mobile future holds for radio.

With all the attention circulating around Facebook’s IPO disclosure, this quote was “best in show” in our opinion:

We all know that radio, like many other industries, has struggled in the area of monetizing its digital platforms.  CPM’s are lower than over-the-air advertising, sellers aren’t well-trained, and even the agencies have trouble figuring out how to make the various channels work.

But this admission got my attention because it’s not from a radio CEO – it’s from Facebook’s IPO filing with the Securities and Exchange Commission.

So what gives here?  Mobile advertising is exploding and Facebook’s got 425 MILLION monthly mobile users – and they haven’t figured out how to monetize it?  And this may turn out to be a $100 billion company!

Maybe Facebook can take a lesson in mobile revenue generation from good old radio.  While it’s still the second inning, our jacAPPS division has seen numerous examples of radio successfully leveraging mobile platforms, sales infrastructure, and relationships to make money.  An increasing number of avails are coming with mobile requests, and radio has done a better-than-average job of responding.  While it’s not going to enable radio to blow through its sales goals, it’s the beginning of a mobile revenue stream.

What’s impressive about radio’s initial success in this space is that it is coming from a wide variety of sources and solutions.  Pre-roll advertising, in-app streaming ads with graphics, and display ads provide a baseline revenue source for radio stations.  We’re well-structured to sell these platforms because they parallel our traditional spot-selling strategies.

The better news is that we’re beginning to see radio stretch itself and provide higher level – and higher dollar – mobile solutions for its advertisers.  Last fall, Entercom stations in Seattle and Portland (see above) sold a creative and multi-channel mobile promotion to Papa John’s, enabling listeners to order pizza directly through their smartphones.  It generated a significant amount of new digital revenue and it works on all levels – there’s a great listener benefit that takes advantage of the smartphone’s assets, it’s additive to the app, and the stations involved got a huge revenue shot.

The 2 Live Stews in Atlanta do a weekly feature called “Cocktail of the Week.”  By partnering with Crown Royal, the station got a significant buy and took the concept to mobile, providing drink recipes.  It’s a great example of “pinballing” – taking an on-air feature, driving listeners to the mobile app, and providing a great benefit for them.

And coming out next month is a platform created Publink from friends of ours in public radio (see below).  It will be rolled out to public and commercial radio in the next month or so, and is a scalable and robust combination of Groupon and AroundMe.  It’s great because it enables local stations to penetrate businesses that aren’t typically on the radio (either because of lack of budget or desire or both) by providing coupons that can be changed remotely by the business and appear in the app.  Features include geo-location, social sharing, and other key elements that we believe will become a major new revenue source for radio.  And these types apps allow the industry to better compete with national sites like Groupon and Living Social.

And radio isn’t done yet.  I’m spending more time than ever talking to jacAPPS clients about new revenue generation ideas, such as entertainment guides, ski condition apps, festival and concert apps, and other ways of not only connecting with listener communities in the mobile space, but generating sponsorship revenue at the same time.

The NAB recognizes this opportunity, too. I’ll be on a panel on this topic at their April convention in Vegas.  The mobile future for radio is bright.

So I don’t know what’s taken Facebook so long to monetize mobile.  They may be the smartest guys in the room, but even they admit they’ve been stymied by the ability to generate revenue in this dynamic space.  And while radio hasn’t totally figured it out (frankly, we’ve just scratched the surface), we may actually be further along than the hottest story on Wall Street.

But that won’t last long.  Radio needs to dedicate research, development, and expertise to identifying the best sales structure that can generate mobile revenue.  Do we train traditional sellers or hire dedicated specialists (I lean toward the latter)?  The industry needs to conduct usability and audience testing to determine the optimal approach to not only the design of station apps, but these other platform opportunities as well.

What does the mobile consumer want, and how can radio best give it to her?

Radio is perfectly suited for a happy mobile revenue future at a time when its meat and potato inventory is not as in vogue as it once was.  Agencies want integrated packages, or marketing opportunities that combine the best of mobile and social.

Yet, radio has it all – cume, brand image, awareness, local knowledge and presence, focused target lifegroups, and a sales infrastructure that can be re-aligned and re-focused.  Radio stations have deep contacts at ad agencies and with local businesses.  Companies like Groupon, Facebook, and even Pandora are essentially starting from scratch.  But they’re moving quickly.

Radio needs to enhance its advantages as much as it needs to embrace change.  The industry has proven that it is more successful – even at this early stage – at generating mobile revenue than even Facebook.  But not for long.

Mobile is the future for Facebook.  And radio.

Share this
By jacAPPS | February 6th, 2012

Forbes recently published a report with statistics supporting that iOS apps crash more frequently than Android. This can be mostly attributed to “iOS 5.0.1 which has the largest amount of app crashes than any other operating system between Android or iOS previous with 28.6%”.

Full Article Here

Share this
By jacAPPS | January 31st, 2012

According to a study released Monday by the Pew Research Center’s Internet & American Life Project more than half of consumers are using smartphones to help them with purchasing decisions:

  • 38 percent of cell owners used their phone to call a friend while they were in a store for advice about a purchase they were considering making.
  • 24 percent of cell owners used their phone to look up reviews of a product online while they were in a store.
  • 25 percent of adult cell owners used their phones to look up the price of a product online while they were in a store, to see if they could get a better price somewhere else.

Full Story Here

Share this
By jacAPPS | January 23rd, 2012

Mobile app usage has grown faster and is now more appealing than web consumption on smartphones and tablets according to a recent study by Flurry Analytics.

The data was obtained by tracking usage over 140,000 different applications.

Flurry says the Facebook app has been a large driver in shifting usage away from the web and onto apps. For the full story, please click here.

Related Posts Plugin for WordPress, Blogger...
Share this
Read More
28 pages
  • SUBSCRIBE

    Enter your Email


    Preview | Powered by FeedBlitz
  • Tag Cloud

  • On Twitter

    jacAPPSjacAPPS: Rise Of The Planet Of The Apps http://t.co/gQNjkVfO via @jacapps
    3 days ago
    jacAPPSjacAPPS: Rise Of The Planet Of The Apps http://t.co/gQNjkVfO via @jacapps
    5 days ago
    jacAPPSjacAPPS: RT @PaulJacobsMedia: RT @nativemedia: Public Media Content Fund, Native Language App, Billy Luther, @SXSW, @JerodTate & More http://t.co/AwkaT3v4 @jacapps
    1 week ago
    jacAPPSjacAPPS: Does your iPhone crash more then your friends Android? http://t.co/AS3zg1Cs via @jacapps
    1 week ago
    jacAPPSjacAPPS: Smartphones aid consumers in the hunt for bargains http://t.co/9qpXo39H via @jacapps
    1 week ago
    jacAPPSjacAPPS: Zuckerberg By The Numbers http://t.co/FjdEjutX via @jacobsmedia
    2 weeks ago
    jacAPPSjacAPPS: Facebook Mobile Advertising Question http://t.co/JdkLpI5y #RadioWorld @PaulJacobsMedia #Apps
    2 weeks ago
    jacAPPSjacAPPS: All this week @JacobsMedia is deep in Facebook's IPO & what brands can apply from it. Today: Five Core “Zuckerisms.” http://t.co/BNOtft64
    2 weeks ago
    jacAPPSjacAPPS: Five Core “Zuckerisms” and how they can apply to any business. http://t.co/BNOtft64 via @jacobsmedia
    2 weeks ago
    jacAPPSjacAPPS: Facebook Can't Monetize Their App?http://t.co/LTnYFezm via @PaulJacobsMedia
    2 weeks ago
    jacAPPSjacAPPS: Facebook not sure if they can monetize their app? http://t.co/LTnYFezm via @PaulJacobsMedia #Mobile
    2 weeks ago
    jacAPPSjacAPPS: RT @PaulJacobsMedia: Facebook can't monetize mobile, but here's how commercial and public radio can http://t.co/oB5OnuA8 #pubmedia @jacapps @RAINTwitter
    2 weeks ago
    jacAPPSjacAPPS: Mobile Advertising Is Exploding But Not For Facebook. http://t.co/LTnYFezm via @PaulJacobsMedia
    2 weeks ago
    jacAPPSjacAPPS: Does your iPhone crash more then your friends Android? http://t.co/VMMGoZis
    2 weeks ago
    jacAPPSjacAPPS: Renting and Owning. http://t.co/aC41XM1F via @fnjacobs #Facebook #Radio
    2 weeks ago
  • jacAPPS on Facebook

  • Calendar

    February 2012
    M T W T F S S
    « Jan    
     12345
    6789101112
    13141516171819
    20212223242526
    272829  
  • Archives