MMW was briefed this morning by the team at Opera Mediaworks on their latest report.
The respected mobile advertising company has taken a new approach to its quarterly data report on the state of mobile advertising and, today, has launched “Mobile First Insights,”(MFI) a quarterly report designed to help marketers navigate the quickly-changing mobile environment and make strategic decisions that will drive real outcomes for their business.
The new report, which is highly visual and has more the feel of a glossy magazine than a traditional report, is organized into three sections: Data, Technology and Creativity.
Data trends from billions of impressions
Opera Mediaworks examined data from hundreds of global ad campaigns and billions of impressions served on the platform and combined it with some third-party data from external sources to paint a picture of where the mobile marketing industry is today, including “where the heat is” in the mobile app market and how consumers are interacting with mobile content and advertising messages.
Looking at data from the top 100 apps that use Opera’s mobile ad platform to monetize their traffic, we saw that mobile users are spending about 30 minutes each in each of these popular apps with an average session length of 8.5 minutes.
Gaming and broad-based entertainment categories (news, arts, music) are “must buy” categories — or, as we like to call it, Today’s Premium — to drive TV-sized reach and is where large amounts of time spent occurs. Numbers from the platform proved that mobile has the ability to reach TV-sized audiences with some apps such as Shazam, Ibotta and Weatherbug surpassing the reach of popular TV shows like The Walking Dead, Survivor and Scandal.
Other highlights from the Q1 report include:
- Games is the top category for ad impressions and also have long average session times; ads also convert at a higher rate on Games apps than any other category.
- Music, Video & Media is no. 1 for engagement (as measured by clickthrough rate), followed by Travel and Lifestyle.
- Though the volume of impressions on mobile apps vs. mobile web are comparable, apps generate more than twice the engagement and 13.5X the revenue.
“We hope this new report will serve the needs of brands, agencies and publishers alike, and be something that they look forward to every quarter because it will contain invaluable insights and category best practices that can be applied to their business,” said Will Kassoy, CEO of Opera Mediaworks. “To produce it, we listened deeply to our clients and identified the most important information gaps in the market today. We then tapped into the massive data sets and the decades of mobile expertise within our organization to provide the most important emerging trends that have real implications for mobile marketers today.”
To check out the full report, click here.