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Mobile Internet
                  is
          Bigger
          than most
    Think it is.



 Jason Grigsby • SAO Dec 2009
@grigs on Twitter • jason@cloudfour.com
 cloudfour.com • mobileportand.com
Mobile is the Technology that Cried Wolf.




                   Flickr photo by CaptPiper: http://www.flickr.com/photos/piper/197153406/
Mobile is the Technology that Cried Wolf.
                                                 (for 15 years)




                   Flickr photo by CaptPiper: http://www.flickr.com/photos/piper/197153406/
“The Mother of
                                                                  all Markets.”

                                                                Dr. Eli Harai, San Disk
                                                                      CEO, 2008

                                                                  John Sculley, Apple
                                                                     CEO, 1992




http://query.nytimes.com/gst/fullpage.html?res=9E0CE5D9143AF93AA25754C0A964958260
The Hope for Mobile


                         What is the
                         likelihood of
                        exponential
                       growth for the
                      Internet on Mobile
                          Devices?
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Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
Opera Mini Traffic Increases
Usage up 157% year-over-year




       http://www.opera.com/media/smw/
4.0
                                         Billion
                                           Mobile phone for
                                           half the planet.




Flickr photo by Pingnews: http://www.flickr.com/photos/pingnews/370061022/
4 Billion in Perspective
                                                                                                                  4
                                                                                                     4B




                                                                                                              3




                                                                                                              2


                      1.2B                      1.3B          1.4B          1.5B
                                   1.2B
0.85B     0.95B
                                                                                                          1


 Cars
           PCs
                     Landlines
                                   Email                                                                  0
                                               Internet
                                                              TVs
                                                                        Credit Cards
                                                                                            Mobile

        Source: http://communities-dominate.blogs.com/brands/2007/01/putting_27_bill.html
           http://communities-dominate.blogs.com/brands/2008/01/when-there-is-a.html
          http://www.communities-dominate.blogs.com/brands/2008/12/trillion-with-a.html
2007 SMS Revenue: 100 billion




Flickr photo by Vlastula: http://www.flickr.com/photos/vlastula/450642954/
2007 SMS Revenue: 100 billion




                                                                            •Box Office
                                                                            •DVD Sales & Rentals
          Combined                                                          •Music Industry
                                                                            •Video Games
Flickr photo by Vlastula: http://www.flickr.com/photos/vlastula/450642954/
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                                                                                                                                                                                        25
                                                                                                                               C"<01$%&;DE8&5,0F&G)9,1)+8&5"0H,*&C#,*-$A&I$+$,012J



       Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
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                                                                           ?":02$%&,?:443, '"9+:-$0(0.E +:0/$6;&F<G<H;&I"01.9&?#.93$6&J$+$.02@B        59




Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
56 million
http://blog.wired.com/gadgets/2009/02/shoot-is-iphone.html#c148364123
                                                                                               devices

                                                                                               115,014
http://www.newsweek.com/id/174266
                                                                                                apps

                                                                                              > 2 billion
http://businessweek.com/@@0M43kIYQYKPISw0A/technology/content/sep2008/tc20080930_257832.htm   downloads
Gold Rush was On
The Mobile Internet is Bigger Than You Think
Source: http://gizmodo.com/5199933/giz-explains-all-the-smartphone-mobile-app-stores
The Mobile Internet is Bigger Than You Think
Ringtone Apps




 http://twitter.com/justin/status/1210786170
 http://furbo.org/2008/12/09/ring-tone-apps/
  http://furbo.org/2009/02/16/raising-prices/
Ringtone Apps

40000



30000



20000



10000



    0
        0   .99   1.99   2.99   3.99   4.99   5.99   6.99   7.99   8.99   9.99 10.99 11.99 12.99 13.99 14.99 15.99+



                          http://148apps.biz/app-store-metrics/?mpage=appprice
Brutally Honest iPhone App Sales:
     $32k Spent vs. $535 Revenue
Dapple




 http://www.streamingcolour.com/blog/2009/03/09/the-numbers-post-aka-brutal-honesty/
Throwaway Apps




http://www.pinchmedia.com/appstore-secrets/
Throwaway Apps




http://www.pinchmedia.com/appstore-secrets/
Pinch Media’s Conclusions

•Users stop using the average applications quickly.

•Long-term audiences are generally 1% of total
 downloads

•Paid apps retain users longer, but still steep drop
 off.

•Difficult to make enough money from a free
 application based on advertising revenue

            http://www.pinchmedia.com/appstore-secrets/
Success Determined by Top Lists & Features




        http://appcubby.com/blog/files/financial_realities.html
115,000 Apps

          &

  Findability?


http://148apps.com/10000
More Open ≠ No Gatekeeper




    96%
    Approved
   (what about that 4%?)
Some Rejected Applications
                                                                 •   Obama Trampoline
                                                                 •   MyShoe
                                                                 •   I Am Poor
                                                                 •   The South Park App
                                                                 •   Pull My Finger
                                                                 •   iBoobs
                                                                 •   Slasher
                                                                 •   Murderdome
                                                                 •   Podcaster
                                                                 •   Freedom Time
                                                                 •   Google Voice
                                                                 •   iSinglePayer

                                                          "Even though my personal political leanings are
                                                          Democratic, I think this app will be offensive to roughly
                                                          half our customers. What's the point?" — Steve Jobs


http://www.pcworld.com/article/159887-2/rejected_10_iphone_apps_that_didnt_make_apples_app_store.html
http://www.pcworld.com/article/159887-2/rejected_10_iphone_apps_that_didnt_make_apples_app_store.html
The Mobile Internet is Bigger Than You Think
http://bits.blogs.nytimes.com/2009/04/30/the-hundred-million-dollar-mobile-app-question/
iPhone Only Part of World Wide Market

 Symbian     RIM         iPhone         Microsoft           Android        Others

                                                                           20000
 19107


                                                                          15000



                                                                          10000
           8521
                   7363
                                                                      5000
                               3631

                                          1455                        0
                                                       1316

     Q3 2009 Smartphone Sales — Thousands of Units
              http://www.canalys.com/pr/2009/r2009112.htm
iPhone Only Part of US Market
       RIM          Apple         HTC           Palm          Nokia         Samsung             Others



                                              1%
                                          4% 2%
                                     5%

                                6%




                                                                  52%


                               30%




                       Q3 2009 Smartphone Market Share
Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
Symbian                     Windows Mobile

Objective C              WebOS
                                                                     C


        Java ME                 Dalvik
                                                                            Palm
                        Visual Basic
  C++

        .NET Compact
                                             BREW
              Flickr photo by André-Batista: http://www.flickr.com/photo_zoom.gne?id=408700622&size=o
Google Mobile — App Challenges
                  • Pressure from CEO for rapid releases

                  • 10+ platforms to support

                  • Over 100 different builds




http://www.flickr.com/photos/83731031@N00/445924458/ • http://www.flickr.com/photos/mcdave/142758127/
                         http://www.flickr.com/photos/nataliejohnson/290541732/
The Mobile Internet is Bigger Than You Think
The Mobile Internet is Bigger Than You Think
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Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
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Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
Apps are Just the Tip of the Iceberg

• Small & medium businesses will be impacted by mobile, but haven’t yet.


• Can people find their locations, information on mobile?


• Enterprise barely begun — access to Intranet content


• Mobile search = mobile search optimization


• What about Google Maps? How to make sure you show up?


• Mobile advertising campaigns and planning
Tips for Your Mobile Strategy
Consider Whole Mobile Strategy




What happens if they don’t have your app?
The App Store is Not Your Marketing Strategy
What is Your Recurring Revenue Plan?




      http://www.pinchmedia.com/appstore-secrets/
Know Your Demographics

 Blackberry has     Emerging markets



40% 80%
global enterprise     of worldwide
 mobile market.       MMS traffic.
BMW Turned $70k MMS into $45M Revenue
Plan for Mobile Context

          personal
     permanently carried
          always on
   built-in payment channel
       creative impulse
        social context
        location aware
accurate audience measurement
http://mobileportland.com
Thank You for Your Time!




  http://cloudfour.com/blog • Twitter: @grigs
  Mobile Portland: http://mobileportland.com
Flickr photo by Pingnews: http://www.flickr.com/photos/pingnews/370061022/
Backup Slides
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Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
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Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html

More Related Content

The Mobile Internet is Bigger Than You Think

  • 1. Mobile Internet is Bigger than most Think it is. Jason Grigsby • SAO Dec 2009 @grigs on Twitter • jason@cloudfour.com cloudfour.com • mobileportand.com
  • 2. Mobile is the Technology that Cried Wolf. Flickr photo by CaptPiper: http://www.flickr.com/photos/piper/197153406/
  • 3. Mobile is the Technology that Cried Wolf. (for 15 years) Flickr photo by CaptPiper: http://www.flickr.com/photos/piper/197153406/
  • 4. “The Mother of all Markets.” Dr. Eli Harai, San Disk CEO, 2008 John Sculley, Apple CEO, 1992 http://query.nytimes.com/gst/fullpage.html?res=9E0CE5D9143AF93AA25754C0A964958260
  • 5. The Hope for Mobile What is the likelihood of exponential growth for the Internet on Mobile Devices?
  • 6. !"#$%&'()*&+)&*',-*./0&1'2&13*".'()*&+)&*'45".*$") $67")&'8'$9"-07':1&+1';'<='4,>':1&+1'?'@-/+*&+1'4A*&+'>/-)07 3<7=4/1>13?=+571G0H1@??1A=5=B=13CB=A/1G0H1DE61G0H1@/.05,F/1I0/-0 J3-0.1#"1(+,-./-012345/16,+457 M&):: '" ,&-./"()*%"+*"% !"#$%&'()*%"+*"% 3<7=4/1>13?=+57 @/.05,F/K &" 6,+457/A1'L") 6,+457/A1!#L*% %" 2+805-38/-019::; M#&:: ,&-./"()*%"+*"% $" @??1A=5=B=13CB=A/ 6,+457/A1'L** #" M!!:: !"#$%&'()*%"+*"% !" DE6K M):: G1#H"16,+457/A1*L*% (! ($ (& () (* (!! (!$ (!& (!) (!* (+,-./-012345/16,+457 3<7=4/1>13?=+57 @??1A=5=B=13CB=A/ DE6 @/.05,F/ !"#$%&'()*&+,-+./0-$/+&12#2&3"#&242052-5$&-$6"/$&789%:;<&!$#+.2=$&,+$/+&50>0#$1&#"&?@&"35AB&C"/D23&@#235$A&E$+$2/.F&$+#0>2#$+& 26 G9:CC&3$#-""H+&F24$&+F0==$1&03&60/+#&$0DF#&I,2/#$/+&+03.$&52,3.F JKLMLNOB&@",/.$%&7">=23A&E$="/#+&P&C"/D23&@#235$A&E$+$2/.FB Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  • 7. Opera Mini Traffic Increases Usage up 157% year-over-year http://www.opera.com/media/smw/
  • 8. 4.0 Billion Mobile phone for half the planet. Flickr photo by Pingnews: http://www.flickr.com/photos/pingnews/370061022/
  • 9. 4 Billion in Perspective 4 4B 3 2 1.2B 1.3B 1.4B 1.5B 1.2B 0.85B 0.95B 1 Cars PCs Landlines Email 0 Internet TVs Credit Cards Mobile Source: http://communities-dominate.blogs.com/brands/2007/01/putting_27_bill.html http://communities-dominate.blogs.com/brands/2008/01/when-there-is-a.html http://www.communities-dominate.blogs.com/brands/2008/12/trillion-with-a.html
  • 10. 2007 SMS Revenue: 100 billion Flickr photo by Vlastula: http://www.flickr.com/photos/vlastula/450642954/
  • 11. 2007 SMS Revenue: 100 billion •Box Office •DVD Sales & Rentals Combined •Music Industry •Video Games Flickr photo by Vlastula: http://www.flickr.com/photos/vlastula/450642954/
  • 12. !"#$%&'()*+,-$%./0"$%1232/*"3+4*+/4 5"6)/"$742-"$83+/*+&,$9+2$:"**"3$;3&/"44+,-$;&#"3$<$='(3&>"6$74"3$=,*"3?2/"$<$ @'200"3$8&3'$82/*&3$<$A&#"3$;3+/"4$<$BC(2,6"6$@"3>+/"4$D$EFC$G&3"$H">+/"4 !%+*1)R5#1 -%&'()"#C1J+%U)R1.+">*+/1V>*+1T"&*K1789:1W =:=:I X(/)1,R%#*/ 7K:::K::: !%3"4*1 D&5+)'R%#* 2#)*+#*) S"#N4* 7::K::: T534*) .*>"$*/1?1@/*+/1A!!1"#1B%C1D$54*E .*/0)%'1 " %# !,P ) 2#)*+#*) 7:K::: C+5 -*441'R%#*1?1 * #) ,.L 12 "#C -5+1I4*$)+%#"$/1 7::: / J,DK1LGDK1L?M *5 ,- 7:GF1 2# $+ @#")/HHH !%3"4*1 7:: M"N*% !"#"$%&'()*+ 7GF1@#")/1?1 O%&*1 @/*+/ I#)*+)5"#&*#) 7::!!F1 7: J5&*/ @#")/ !5"#6+5&* Q"+*4*//1O%&*1 7:!!F1@#")/ L''4"5#$*/ 7 7!!F1@#")/ 789: 78;: 78<: 788: =::: =:7: =:=: !"#$%&'(&)*+#,--$.&/,+$&0$,12$.&34455&)*&36678&1$--92"*$&:&;*#$0*$#&<+$0+&0$,12$.&3=&)*&>44>&:&>44?&0$+9$1#)@$-AB 25 C"<01$%&;DE8&5,0F&G)9,1)+8&5"0H,*&C#,*-$A&I$+$,012J Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  •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ource: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  • 14. 56 million http://blog.wired.com/gadgets/2009/02/shoot-is-iphone.html#c148364123 devices 115,014 http://www.newsweek.com/id/174266 apps > 2 billion http://businessweek.com/@@0M43kIYQYKPISw0A/technology/content/sep2008/tc20080930_257832.htm downloads
  • 19. Ringtone Apps http://twitter.com/justin/status/1210786170 http://furbo.org/2008/12/09/ring-tone-apps/ http://furbo.org/2009/02/16/raising-prices/
  • 20. Ringtone Apps 40000 30000 20000 10000 0 0 .99 1.99 2.99 3.99 4.99 5.99 6.99 7.99 8.99 9.99 10.99 11.99 12.99 13.99 14.99 15.99+ http://148apps.biz/app-store-metrics/?mpage=appprice
  • 21. Brutally Honest iPhone App Sales: $32k Spent vs. $535 Revenue Dapple http://www.streamingcolour.com/blog/2009/03/09/the-numbers-post-aka-brutal-honesty/
  • 24. Pinch Media’s Conclusions •Users stop using the average applications quickly. •Long-term audiences are generally 1% of total downloads •Paid apps retain users longer, but still steep drop off. •Difficult to make enough money from a free application based on advertising revenue http://www.pinchmedia.com/appstore-secrets/
  • 25. Success Determined by Top Lists & Features http://appcubby.com/blog/files/financial_realities.html
  • 26. 115,000 Apps & Findability? http://148apps.com/10000
  • 27. More Open ≠ No Gatekeeper 96% Approved (what about that 4%?)
  • 28. Some Rejected Applications • Obama Trampoline • MyShoe • I Am Poor • The South Park App • Pull My Finger • iBoobs • Slasher • Murderdome • Podcaster • Freedom Time • Google Voice • iSinglePayer "Even though my personal political leanings are Democratic, I think this app will be offensive to roughly half our customers. What's the point?" — Steve Jobs http://www.pcworld.com/article/159887-2/rejected_10_iphone_apps_that_didnt_make_apples_app_store.html
  • 32. iPhone Only Part of World Wide Market Symbian RIM iPhone Microsoft Android Others 20000 19107 15000 10000 8521 7363 5000 3631 1455 0 1316 Q3 2009 Smartphone Sales — Thousands of Units http://www.canalys.com/pr/2009/r2009112.htm
  • 33. iPhone Only Part of US Market RIM Apple HTC Palm Nokia Samsung Others 1% 4% 2% 5% 6% 52% 30% Q3 2009 Smartphone Market Share Source: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  • 34. Symbian Windows Mobile Objective C WebOS C Java ME Dalvik Palm Visual Basic C++ .NET Compact BREW Flickr photo by André-Batista: http://www.flickr.com/photo_zoom.gne?id=408700622&size=o
  • 35. Google Mobile — App Challenges • Pressure from CEO for rapid releases • 10+ platforms to support • Over 100 different builds http://www.flickr.com/photos/83731031@N00/445924458/ • http://www.flickr.com/photos/mcdave/142758127/ http://www.flickr.com/photos/nataliejohnson/290541732/
  •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ource: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  •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ource: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  • 40. Apps are Just the Tip of the Iceberg • Small & medium businesses will be impacted by mobile, but haven’t yet. • Can people find their locations, information on mobile? • Enterprise barely begun — access to Intranet content • Mobile search = mobile search optimization • What about Google Maps? How to make sure you show up? • Mobile advertising campaigns and planning
  • 41. Tips for Your Mobile Strategy
  • 42. Consider Whole Mobile Strategy What happens if they don’t have your app?
  • 43. The App Store is Not Your Marketing Strategy
  • 44. What is Your Recurring Revenue Plan? http://www.pinchmedia.com/appstore-secrets/
  • 45. Know Your Demographics Blackberry has Emerging markets 40% 80% global enterprise of worldwide mobile market. MMS traffic.
  • 46. BMW Turned $70k MMS into $45M Revenue
  • 47. Plan for Mobile Context personal permanently carried always on built-in payment channel creative impulse social context location aware accurate audience measurement
  • 49. Thank You for Your Time! http://cloudfour.com/blog • Twitter: @grigs Mobile Portland: http://mobileportland.com Flickr photo by Pingnews: http://www.flickr.com/photos/pingnews/370061022/
  •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ource: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html
  •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ource: http://www.morganstanley.com/institutional/techresearch/mobile_internet_report122009.html