Mobile Social Networking in the U.S. Market | Telebriefing | Current Analysis
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Mobile Social Networking in the U.S. Market
Not Just Another Passing Trend
Deepa Karthikeyan
Analyst, Wireless Services
Current Analysis
William Ho,
Research Director , Wireless Services
Current Analysis
Date: March 19, 2008
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Agenda
What is Social Networking?
Existing market landscape
Who are the top players?
What are the opportunities for service providers and players in this new ecosystem?
What options are available to marketers and brands to leverage community
Monetization models
Looking ahead
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What is Social Networking?
Inception-PC
Why is it so hot?
- Primal need to belong
- Avenue to express oneself
- Media centric
Genres
- Shutterbugs-Flickr
- Schools-Classmates, myYearbook
- Ethnic-AsianAve, BlackPlanet
Is it Generational?
Who are the Top Players?
- MySpace
- Facebook
- YouTube
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Defining Terms
Mobile Social Networking:
Theact of generating and sharing media content that ranges from a simple write-up to an elaborate video feed via a cell phone, enabling users to keep in touch with friends and establish connections with existing and potential users of the network. Members of the network are sometimes the producer as well as the consumer of the content.
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An Overview of the Existing Mobile Social Networking Market
Spurt in the usage of Mobile Social Networking sites in 2006-07
Encouraging research provides validation
Why is Wireless a Good Fit?
- Mobility-”Always On” Status
- Increases the stickiness factor
- Instant gratification
- 3G and GPS capable phones allow for better user experience and targeted advertising
Big fixed internet players migrate to the smaller screen
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An Overview of the Existing Mobile Social Networking Market
MarketCurrent carrier-social networking site associations
- AT&T-MySpace, Whrll
- Sprint-MySpace, Sprint Lounge ,Jumbuck applications, mywaves, Whrll, LiveJournal, Rabble, Vox, and Xanga
- T-Mobile-MySpace(Sidekick), Facebook (Blackberry)
- Verizon Wireless-YouTube, mywaves
Mobile only social networking sites
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An Overview of the Existing Mobile Social Networking Market
Internet companies and handset manufacturers join the fray
The rise of intermediaries results in new service genres
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Monetization
Most prevalent method : subscription fees and data charges
Advertisements
- Word of mouth advertising
- LBS phones
- Right place and time
- Data mining accuracy
- Demographics
–Prepaid market-AdInfuse, AdMob
- Mobile MySpace
M-commerce
- ShopText, AirG
- Instant gratification
- New sales outlet for marketers
- Measurement tool
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Monetization
Accuracy, safety and privacy concerns
- Consumer privacy
Facebook
- Safe economic platforms
- Block unfiltered user-generated content
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Challenges
Current challenges
- High data costs
- Customer ownership
- Transient target group
- Privacy concerns
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Looking Ahead
Targeted advertising
- Differentiate individual from the group
- Impulse purchases
M-Commerce
- Affiliate models
Vertical mobile social networking sites
- LinkedIn
Heavier focus on user experience
Open networks