SoLoMo

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SoLoMo

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SoLoMo (social, local and mobile) - 3 Important Ingredients For Any Mobile Application – PowerPoint PPT presentation

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Title: SoLoMo


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SoLoMo3 Important Ingredients For Any Mobile
Application
  • Gaurav Jaiswal
  • Singsys Pte. Ltd.

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What is SoLoMo?
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SoLoMo is short for Social-Local-Mobile,
referring to the amalgamation of social, local
and mobile. It represents the growing trend of
targeting consumers based on their current
location and is typically designed to be shared
via social networks.
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Social
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What is Social Media?
  • Media that allow users to communicate with one
    another is Social. 

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(No Transcript)
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Why do marketers like Social Media?
  • Word of mouth by friends 83
  • Review in magazine of TV 75
  • Information on mfgs website 69
  • Review by known expert 63
  • Consumer review on retailers sites 60
  • Consumer review at content sites 52
  • Chat rooms 37
  • Review by bloggers 30

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Local
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What is LBS?
  • A location-based service (LBS) is an information
    and entertainment service, accessible with mobile
    devices through the mobile network and utilizing
    the ability to make use of the geographical
    position of the mobile device (GPS)
  • -Wikipedia

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Location-Based Service Users Worldwide Today 1
Billion
60 Of People Who Dont Yet Use LBS ASPIRE To
Use It In The Future
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Device Support For LBS
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Geolocation Landscape
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Mobile
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Why Mobile?
  • Mobile allows you to take your social media on
    the road as you travel, interact and check in
    with others.  You can check out reviews, get
    coupons, find specials, become mayor and
    anything else you can imagine.

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Mobile Device
Web OS 9
Embedded (any) 14
Blackberry OS 25
Windows 7 35
iOS (iPhone/iPad) 49
Android 70
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Mobile Opportunities
  • Gartner predicts that Mobile apps will deliver
    15.9 billion in expected end-user spending in
    2012
  • Drive hardware sales, advertising spending and
    technology innovation.
  • Brand companies to increasingly shift their
    marketing budget to the mobile channel
  • Brands to experiment with cutting-edge apps to
    capture marketing and sales opportunities.
  • Benefits include products stand out from the
    pack, enhance brand image and retain user
    loyalty.

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Mobile Trends
  • Gartners top 10 consumer applications to watch
    in 2012 include
  • Location-based services (LBSs). Location is one
    of the main enablers that deliver services to
    users based on their context and Gartner expects
    the total user base of consumer LBSs to reach 1.4
    billion users by 2014.
  • Social networking. Mobile social networking is
    the fastest-growing consumer mobile app category
    of the 19 tracked by Gartner. Social network
    platforms are sucking in increasing amounts of
    network traffic.
  • Mobile search. Visual search is usually related
    with product search to enable price comparisons
    or to check product information.
  • Mobile commerce. Gartner expects the emergence of
    uniquely mobile functions, such as the ability to
    "check in" to a store to alert a retailer that
    you are there, or the ability to add items to a
    shopping cart simply by taking a photo of an item
    or bar code in the physical store.
  • Mobile payment. In order to get consumers on
    board, payment solution providers need to address
    ease-of-use for users and ease-of-implementation
    for customers without compromising security.

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Why SoLoMo?
  • Using SoLoMo allows business owners to be within
    3 feet of their consumers, 24 hours a day.  Its
    been said that mobile phones are even more
    addictive than crack, and people risk their lives
    every day to look at them.
  • SoLoMo is steadily gaining momentum. This
    intersection of social media, local merchants
    using location-aware technology for advertising
    and mobile device usage (SoLoMo) offers
    opportunities to retailers, marketers and
    consumersand all have something to gain from
    this new trend.
  • With SoLoMo, retail deals, coupons and consumer
    events as well as shopping and dining
    opportunities are broadcast to a mobile user from
    a specific retailer based on that user's
    geographic proximity, brand/retailer allegiance
    and shopping/check-in history. The possibilities
    are vast.

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A Virtuous Circle Of Consumer Usage And Value
Mobile increases time available for social
activity
Social networks give viral capability to local
deals
Mobile enables consumers to engage at the point
of sale
Mobile makes Local more useful
Location features core to most of mobile usage
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Contact Us via
  • info_at_singsys.com
  • Phone-65613900
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