Tuesday, July 27, 2010

Are We Ready for Location Based Marketing?

Forrester Research released a study this week that found that only 4% of U.S. online adults have ever used location-based mobile apps. This has serious implications for marketers who are considering investing in location based services (LBS) as a new piece of their integrated marketing strategy.

An article published on AdAge.com highlights some of the stats found in the Forrester report and provides some relevant insight to the current usage of other mobile apps such as Twitter. In addition, the study—which was released on July 26, 2010—has sent a ripple through the blogosphere attracting much criticism.

Forrester concludes that “bold, male-targeted marketers start testing but that most marketers should wait until they can get a bigger bang for their buck, when adoption rates increase and established players emerge from the fray.”

Is this a good recommendation?

To read further please visit my personal e-marketingclass blog.

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