If you’re like most entrepreneurs, you’re not sure whether mobile ads are worth the investment. While it seems like everybody and their grandmothers can’t add two plus two without the assistance of a smartphone these days, mobile ads have a mixed history.
Before you consider launching a mobile advertising campaign, obtain a solid grasp on what mobile ads are, their unique advantages and if the benefits outweigh the costs.
What Makes Mobile Ads Different
Mobile ads generally come in the same varieties as traditional online ads: some are graphical and some are text-based. Because most mobile ads appear in apps and mobile searches (especially map searches), the amount of text and graphics available for mobile ads is very limited. And mobile advertising platforms offer far fewer ad placements than their desktop platform counterparts.
While this advertising format clearly has its limitations, the location-based advertising allow you to reach potential customers as they’re wandering around your business’s neighborhood and searching for businesses in your industry. If you own a storefront that can capitalize on foot traffic, mobile ads could be a boon for your business.
Mobile Ads Performance and Results
Aside from making advertisers money, mobile ads are generating worthwhile leads for some businesses. Recent Venturebeat reports revealed smartphone pay-per-click (PPC) ads have achieved a higher click-through rate and lower cost than PPC ads appearing on tablets and smartphones. Most successful campaigns take place on Google’s and Facebook’s mobile advertising platforms.
According to Techcrunch, an experiment with Facebook mobile Sponsored Stories turned out 13.7 times the click-throughs than its desktop ad counterpart’s. T-Mobile used Google’s mobile search ads to lead 162,000 consumers to visiting T-Mobile’s website within a month’s time. But, like a diet program, results may not be typical.
Determining if Mobile Ads Are Right for Your Business
Every marketing program comes with its inherent difficulties and disadvantages. But mobile ads may be worth the risk if you know (or are reasonability certain) that your customers use smartphones and your business:
· includes a storefront open to the general public
· is in the path of heavy foot traffic
· targets tech-savvy consumers
Where to Start with Mobile Ads
We recommend playing it safe and starting on the two biggest mobile ads platforms. After you’ve created a Facebook page for your business, visit the Ads Creator, or if you’re a programming pro, check out the Facebook Developers environment. To get started on Google, peruse the Google Ads Mobile hub.
Make sure you run the ads for a reasonable time-frame like 90 days to gather plenty of data for analysis. You may want to run Google and Facebook campaigns simultaneously to see if one platform outperforms the other.
Don’t expect mobile ads to completely change your online advertising strategy. But do expect them to play a much bigger role as Americans continually conduct more work and play on their smartphones and tablets.
About Business Owner’s Toolkit: With an emphasis on problem-solving dating back to 1995, Business Owner’s Toolkit™ (www.toolkit.com) offers more than 5,000 pages of free cost-cutting tips, step-by-step checklists, real-life case studies, startup advice, and business templates to small business owners and entrepreneurs. The site also offers a monthly newsletter, up-to-date news topics, and Ask Alice!, a column that closely follows industry trends and provides trusted advice to inquiring site visitors.