You can spend 500% more than your competition on Mobile

There’s new data from Flurry that highlights the amount of time people spend on TV, mobile, desktops, radio and print.
Not surprisingly, TV comes in first, where consumers spend 40% of their time. They spend 23% of their time with mobile devices (smartphones and tablets). 22% of their time with desktops. 9% with radio and 6% with print.
Question: What percentage of a typical corporation’s budget goes to mobile? Since consumers spend 23% of their time connecting with brands via mobile, you’d expect that 23% of the typical corporation’s marketing budget would be in mobile.
But that’s not the case. In fact, the typical corporation doesn’t spend 20% of their budget on mobile, or 15% or even 10%.

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Social Media Interactions becoming currency?

Social media is becoming so important that Virgin Airlines is giving away free flights.  Palms Casino in Vegas is giving room rate discounts. Starbucks is giving away free coffee.

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