|By PR Newswire||
|July 31, 2014 09:31 AM EDT||
NEW YORK, July 31, 2014 /PRNewswire/ -- The Mobile Marketing Association (MMA), the leading global trade association for the mobile marketing industry, today announced the formation of the first ever Mobile Location Data Accuracy Group. The focus of the group will be to eliminate any confusion around mobile location data and to improve the trust and confidence brand marketers and agencies have in mobile location advertising and the data that drives it.
Simultaneously, the MMA is forming a Location Leadership Council, that will be an industry "think tank" comprised of a merging together of thought leaders from the MMA's Location and Privacy committees, as well as experts in the various areas of location – marketing, technology, data and policy. Stemming out from the Council will be a number of working groups, the first of which is the Mobile Location Data Accuracy Group.
The working group will expand on the previously launched Location Terminology Guide, in which the MMA Location Committee identified eight types of location data and signals, and ranked each according to the reach and accuracy of the data. The data and signals to be examined by the working group include (from most accurate to least):
- Indoor positioning system
- Wi-Fi hotspots
- Wi-Fi triangulation
- Cell tower triangulation
- IP address
- User reported location
Specifically the Mobile Location Data Accuracy Group will:
- Dig deeper into each of these data types and elaborate further on their appropriate uses and limitations
- Develop and issue an RFI (Request for Information) to all location data vendors and validators that will establish criteria with which vendors can be aligned with the data types they use
- Establish strict, standardized definitions with the MRC that vendors will be held accountable to and audited against
According to an April 2014 BIA/Kelsey study on local media spending, location targeted mobile advertising accounted for 40% of the $7.22 Billion mobile ad spend in 2013, and is expected to grow to 52% of the $30.3 Billion forecasted for 2018.
"In order to scale mobile marketing specifically driven by location data, it is critical for the industry to come together to develop a common set of definitions of the types of location data available and how they are best used," said Greg Stuart, CEO, MMA. "By agreeing to and abiding by a common set of best practices and guidelines, MMA members will be instrumental in driving the growth in the industry while assuring brand marketers of the measurable value derived from their mobile efforts."
With tighter definitions of location data, and the viable uses of such data, measuring results will be more consistent and reliable. These benchmarks will allow buyers to have a much clearer understanding of the data being used, and how it will impact their location driven mobile advertising campaigns.
Initial members of the group will include:
- xAd - Monica Ho, SVP Marketing (co-chair)
- Joule – Michael Lieberman, CEO (co-chair)
- Factual – Vikas Gupta, Director of Marketing
- ThinkNear – Brett Kohn, Director of Marketing
- Mobiquity – James Meckley, CMO
- Nielsen – Tom Eaton, VP, Client Services
- MEC – Bav Panchal, Mobile
- OpenX – Rob Kramer, GM, Mobile
- Ubimo - Ran Ben-Yair, CEO
- Verve – James Smith, CRO
"Having this type of transparency into location data is a huge step forward that will allow us, as buyers, to invest in mobile with increased confidence," said Michael Lieberman, CEO, Joule North America. "This program will, in large part, allow mobile marketing to truly scale and deliver measurable results for our clients around the world."
"We are committed to improving clarity and defining auditable standards for location data and ultimately all of location based services. This will remove the barriers for brands and agencies to leverage the power of this unique mobile value proposition and improve their confidence in how and what to use," said Monica Ho, SVP Marketing, xAd. "We are excited to work with the MMA and the industry in achieving standards that we believe will be critical for scaling the mobile marketing industry."
The Mobile Location Data Accuracy Group will be gathering the industry leaders to share initial definitions and use cases at the Location Data Accuracy Panel Session, running August 26th, at the Crowne Plaza Times Square, New York, NY, from 6.30pm to 9pm providing a unique opportunity brands, agencies and key partners in the location advertising arena to meet and discuss the opportunities ahead. For more information click here.
About the Mobile Marketing Association (MMA)
The MMA is the world's leading global non-profit trade mobile marketing association comprised of more than 800 member companies, from nearly fifty countries around the world. Our members hail from every faction of the mobile marketing ecosystem including brand marketers, agencies, mobile technology platforms, media companies, operators and others. The MMA's mission is to accelerate the transformation and innovation of marketing through mobile, driving business growth with closer and stronger consumer engagement. Anchoring the MMA's mission are four core pillars; to cultivate inspiration by driving the innovation for the Chief Marketing Officer; to build the mobile marketing capabilities for the marketing organizations through fostering know- how and confidence; to champion the effectiveness and impact of mobile through research providing tangible ROI measurement; and advocacy. Additionally MMA industry-wide committees work collaboratively to develop and advocate global best practices and lead standards development.
Mobile Marketing is broadly defined as including advertising, apps, messaging, mCommerce and CRM on all mobile devices including smart phones and tablets. Members include, American Express, AdChina, Colgate - Palmolive, Dunkin' Brands, Facebook, Google, Group M, Hewlett Packard, Hilton Worldwide, Kellogg Co., L'Oréal, MasterCard, McDonalds, Microsoft, Mondelēz International, Inc. Pandora Media, Procter & Gamble, R/GA, The Coca-Cola Company, The Weather Company, Unilever, Visa, Vodafone, Walmart, xAd, Zenith Optimedia and many more. The MMA's global headquarters are located in New York with regional operations in Europe/Middle East/Africa (EMEA), Latin American (LATAM) and Asia Pacific (APAC). For more information about the MMA please visit www.mmaglobal.com
FOR MORE INFORMATION:
206 369 901
SOURCE Mobile Marketing Association
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