Big Data for the mobile market - PowerPoint PPT Presentation

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Big Data for the mobile market

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The more information a business knows about its demographics the more they are able to tailor their marketing and products to those customers. We look at the relationship between mobile market research and big data capturing. – PowerPoint PPT presentation

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Title: Big Data for the mobile market


1
Big Data
FOR The Mobile Market
2
  • Companies around the world are looking to know
    their clients and customers better.
  • The more information a business knows about its
    demographics the more they are able to tailor
    their marketing and products to those customers.
  • On the following pages we are going to look at
    the relationship between mobile market research
    and big data.

3
Big Data
  • Big data is a large, complex grouping of data
    sets that pose a challenge in being processed by
    traditional data applications or data management
    tools. It definitely makes sense that the amount
    of information a business could collect about all
    of their customers would reach BIG proportions.

4
Huge Quantities of Information
  • With the mass of information that companies want,
    it is becoming hard to collect and analyze.
  • Although the potential is there, many of the
    benefits from such a massive amount of data can
    be unclear.

5
Traditional Market Research
Most companies looking to get big data need to
enlist data management platforms. Typically,
these rely on cookies to obtain the
identification of the users. The problem Cookies
are not used in mobile applications, and mobile
browser cookies are usually blocked by default.
It is very difficult to siphon significant
insight from the mobile market through
traditional methods.
6
A Big Example
  • Google
  • Even this huge tech company is finding it hard to
    get the qualified information from the mobile
    market. Google uses search-based ad words to
    tailor its advertising, so unless the user makes
    some intention toward a service, product, or even
    category, Google cant recommend (read
    advertise) anything. On top of that, Google
    AdSense relies on cookies, so most of the time
    they are blocked by mobile browsers.

7
Lets say a business could collect the data they
wanted. They could identify their customers and
track what they are interested in. Even in this
hypothetical world, the company would run into
some costly problems How does the company know
that the data is accurately portraying their
demographic?
Even In A Dream World
8
A Small Example, A Big Problem
  • Lets say a company could track a 25-year-old
    male on his mobile device, and he is captured
    looking at ballet tickets. Your data would
    suggest that he is into classical music and
    dance.
  • But What if he is buying the tickets for his
    friend and he has no interest in the ballet? What
    if he is trying to win a bet that performing arts
    tickets are more expensive than major league
    sports tickets?

The major issue is no one knows, except him. And
the data the business collected would end up
pointing their advertising dollars in the wrong
direction.
9
A Major Solution
  • Companies should get their information from the
    customer at the source. Mobile market research is
    the only way to get accurate data on mobile
    customers. These are your customers get the
    information from them when they are at the
    businesss location.
  • There is no confusion on whether they are there
    or not. There is no need for cookies. There is no
    reason to question the results.

10
For more information, please call 714-754-1234 Or
visit http//mfour.com/
  • Any customer with a Droid or Apple device could
    be a part of your companys mobile research
    panel. With Surveys On The Go, every customer can
    give your company the information it needs live.
    Surveys On The Go is the most downloaded and
    highest rated app in the mobile research market.
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