SOURCE: Juniper Research Limited
April 23, 2008 03:57 ET
Retailers to Send Up to 3 Billion 'Mobile Coupons' to Phone Users by 2011, According to Juniper Research
HAMPSHIRE, UK--(Marketwire - April 23, 2008) - New figures from analyst firm Juniper
Research estimate that almost 3 billion mobile coupons will be issued to
Mobile Users by 2011, with just under $7 billion of discounts redeemed.
The new Juniper study finds that mobile coupons are becoming an
increasingly important tool for brand owners and retailers to provide a
'push to purchase' capability for mobile marketing and advertising
campaigns. The key issues driving the move to mobile coupons include:
-- Cost savings on campaigns
-- An increase in ARPU
-- One-2-one marketing opportunities
-- An increase in customer retention for mobile operators -- lower churn
-- Higher conversion rates
-- The expansion of mobile value added services
-- Reduced fraud
However, Juniper identified some notable challenges for the sector,
including a hesitancy from some retailers to adopt mobile coupons. In
addition, some retailers would have to change from using laser scanners to
optical readers that use the required CCD, technology to read barcodes,
especially 2D barcodes from mobile phones.
Other key findings from the report include:
-- 2.6 billion mobile tickets set to be delivered by 2011
-- Early use of mobile barcode technology will be gradually complimented
by the emergence of NFC (Near Field Communication)
-- A total of almost $87 billion worth of mobile ticketing transactions
by 2011
Juniper Research defines a mobile coupon as "a coupon sent and stored on a
mobile phone that can be exchanged for a rebate, a financial discount etc.
at a retailer when the consumer purchases a product." When compared to
their paper cousins, mobile coupons offer a number of distinct advantages
allowing the coupon issuer a direct connection between themselves and the
consumer using the coupon.
Juniper Research illustrates the current and near-future status of mobile
ticketing and coupons with analysis and interviews from representatives of
some of the leading organisations in the growing mobile ticket and coupon
industry.
White papers and further details of the study 'Mobile Ticketing & Coupon:
Strategies & Markets 2007-2011' can be freely downloaded from
http://www.juniperresearch.com. Alternatively, please contact John Levett
at john.levett@juniperresearch.com, Telephone +44(0)1256 830002.
Juniper Research provides research and analytical services to the global
hi-tech communications sector, providing consultancy, analyst reports and
industry commentary.