SOURCE: NinthDecimal

NinthDecimal

June 08, 2015 08:00 ET

NinthDecimal Mobile Audience Insights Report Reveals Increasing Mobile Ad Effectiveness in Driving In-Store Foot Traffic

Mobile Continues to Transform Consumers' Path-to-Purchase as Brands See Store Visits Increase 80% Within the First Day of Mobile Ad Exposure

SAN FRANCISCO, CA--(Marketwired - Jun 8, 2015) - NinthDecimal, the leading mobile audience intelligence company, today released its "Mobile Audience Insights Report," which reveals how mobile is increasingly influencing all stages along the consumers' path-to-purchase. The research examines how mobile usage and marketing are transforming consumer engagement with brands across verticals -- from research to in-store -- and provides insights around mobile programmatic and video. One of the most significant findings is a 59 percent increase in pre-purchase shopping on mobile devices versus laptops.

Retail and CPG mobile ads performed best when delivered to consumers within five miles of a store, while QSR ads achieved the best ROI when consumers were between five and ten miles from the establishment.

"With mobile now the first screen for consumers and mobile media consumption on the rise, the need to understand what's working in the mobile ecosystem has become critical for marketers," said David Staas, president of NinthDecimal. "In our latest report, we looked across the points at which mobile influences the purchase path, sharing insights and best practices from engagement to conversion."

Key report findings:

  • 54% of consumers shopped on their mobile device instead of a laptop before making a purchase decision -- a 59% increase from Q4 2013 to 2014.
  • 86% of consumers reported they were likely to discover a new brand or product on their mobile device.
  • Audience-targeted mobile video saw a 31% increase in completion rates from Q3 to Q4 2014.
  • Retail and CPG mobile ads performed best when viewed within five miles of a store, while QSR ads had greater effect on consumers further than five miles away.
  • Marketers saw store visits increase 80% within the first day of mobile ad exposure.

Mobile Engagement Rises as Brands Leverage Video and Rich Media Formats

Marketers strive to create compelling, high-performing ad experiences for consumers by leveraging stronger engagement strategies with rich media and pre-roll video ad formats. Rich media ad formats, including video, increased by 28 percent in Q4 2014 compared to Q4 2013, while standard banner ads dropped by 33 percent.

The report findings also uncovered that consumers spent 5.2 seconds longer viewing mobile ads on average (28.8 seconds in Q4 2014 versus 23.6 seconds in Q2 2014) and that mobile video completion rates shot up by 31 percent from Q3 to Q4 2014. CPG ads saw the greatest quarterly rise in video completion rates among all verticals with a 48 percent jump.

About NinthDecimal

NinthDecimal is the leading mobile audience intelligence company empowering marketers with the most comprehensive understanding of people by connecting their digital and physical lives. Fortune 500 companies and marquee brands, including American Express, Comcast, Kraft, Microsoft, Starbucks, Target and Toyota, use NinthDecimal to achieve high-performing campaigns by reaching and engaging the same audience across all media channels on one single platform. By bridging online and offline data sources, NinthDecimal offers the most precise audience solution in the market to create a true understanding of mobile consumers and how to engage them throughout their path-to-purchase. Its Location Conversion Index™ (LCI™) is the industry's first offline attribution solution that goes beyond the click to measure physical-world behavior at the point of purchase, and data partnerships with companies like Axiom, BlueKai, Datalogix, Experian, LiveRamp, Neustar and more provide a comprehensive closed-loop solution.

NinthDecimal is headquartered in San Francisco with offices in New York City, Chicago and Silicon Valley. Follow us on Twitter (@NinthDecimal) and like us on Facebook. Learn more at NinthDecimal.com.

Contact Information

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    Kimberly Breslin
    NinthDecimal
    415-821-8609
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    Brigit Valencia
    BOCA Communications
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