Tuesday, March 29, 2011

Millennials Much More Responsive, but Overall There is Low Response to Text Message Advertising

Millennials with mobile phones look at texted ads and respond to ads sent by text far more than do other cell phone owners, followed by GenXers, according to the latest data from GfK MRI. Baby Boomers, have yet to warm significantly to text ads.

But the more important finding is that few adults actually have gotten, or looked at, a text ad of any sort. Approximately six percent of adults with mobile phones looked at an ad sent with a text message in the last 30 days (some 12.5 million people), while 2.7 percent of adults with mobile phones used text messaging to respond to an ad or to make a purchase in the last 30 days (some 5.3 million people).

Millennials (born 1977 to 1994) are 57 percent more likely than the average cell phone owner to have looked at a texted ad. Moreover, they are 93 percent more likely to have used text to respond to an ad or to make a purchase.

GenXers (born 1965 to 1976), on the other hand, are only 19 percent more likely than the average cell phone owner to have looked at a texted ad, and they are just six percent more likely to have responded to an ad or to have made a purchase by text messaging. Baby Boomers (born 1946 to 1964) are 40 percent less likely to have looked at a texted ad than the average mobile phone owner and 55 percent less likely to have responded to an ad or to have made a purchase by text.

But it would be fair to note that virtually every type of digital activity, even when much more heavily engaged in by younger users, has also been adopted by older users. That suggests responsiveness to text ads will grow, in the older demographics. But that is likely a secondary consideration. At the moment, few users of any age actually receive, or look at, text message advertising.

No comments:

Costs of Creating Machine Learning Models is Up Sharply

With the caveat that we must be careful about making linear extrapolations into the future, training costs of state-of-the-art AI models hav...