Mobile: The honeymoon is over

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Mobile: The Honeymoon is over

Transcript of Mobile: The honeymoon is over

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Mobile: The Honeymoon is over

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What do you mean the honeymoon is over?

The evolution of mobile

2007

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YOUR NEXT DATE

Today:

YOUR SCHEDULE

YOUR FINANCES

YOUR NEXT RIDE

YOUR NEXT MEAL

Reality surpasses the hype

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?

Warm-upHow is your organization doing with mobile?

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Carried Away: The State of Mobile Today

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The Tipping Point...> We spend more time surfing the web on our

phones than on PCs.

> We spend more time on our phones than watching TV.

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It’s changing how we live.> The average person checks

their phone 150 times per day.

> 6% of U.S. consumers are already mobile only, meaning no home phone and no computer.

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It’s changing how we work.> 90% of US employees used

their personal device for work purposes in 2013.

> 15% of information workers use at least three devices and work from at least three locations to do their jobs

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It’s changing how we spend.> Goldman Sachs predicts retail

mobile commerce sales will reach $626 billion in 2018, representing a staggering 47% of e-commerce sales.

> According to Pew, mobile payments could eliminate the need for consumers to carry cash and credit cards as soon as the year 2020.

In Sweden:

95% of transactions are already digital

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Wake up and smell the... phone?

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It’s a wonder we still call it a phone

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Challenges for brands

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The New Reality

“ The mobile web has quickly become the primary point of entry to all of the world’s knowledge, goods and services.”

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The New Reality

“ For the first time, consumers are pushing technology change and brands are struggling to keep up.”

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The New Reality

> Weekly miracles

> Punishingly high expectations

> Unforgiving, impatient, distracted consumers

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New rules of the road

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Forrester Report:

Mobile Is Not Just Another Channel

The mobile mind shift

“Not a smaller version of your PC-based web experiences.”

“Requires a whole new way of thinking about your organization and relationships.”

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Where brands come up short > Too little investment

> Investing in the wrong places

> See mobile as a channel or add-on

> Not strategic enough in outlook

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Nail the phone and you’ve nailed mobile.

> Phone is the most ubiquitous and versatile of mobile devices (7 billion and counting).

> Only 22% of tablet users employ it on the go.

> Wearables and other connected devices are getting a lot of media attention, but they tend to have niche uses and none has achieved critical mass yet.

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Think customers first; technology second.

Map the customer journey.

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Find your moments of opportunity.The most important part to getting mobile right.

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Keep it simple.

Where mobile is concerned, simplicity is a matter of survival.

> Prioritize content that’s most useful to mobile audiences.

> Look at site traffic to understand what customers do on the go.

> Apply the 80/20 rule.

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Test everything first.

It’s simply too costly to gamble and fail.

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If you were starting all over again, what would you do?

?

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Mobile is the future of every business

Scott McDonaldCofounder + Managing DirectorModus | Inventing the Digital Future(212) 255-6768, [email protected]