Issue 59 • FEB 2015
Consumers want m-wallets to offer host of payment services
News
THIS MONTH...
• Digital marketing industry ‘too complex’ warning 3 • Maguire takes reigns at AIME –this time its permanent 3 • A third of UK adults think m-pay will replace cards by 2020 5 • Childree in Need breaks text donation record 5 • Zapper rolls out m-payments in Switzerland 6 • Lack of trust hampers app downloads warns MEF 6
Analysis EDITORIAL Gothic Horror Continues As PPP’s woes deepen, is it now time to start thinking about what a new PRS regulator should look like for a changing inudstry, wonders Paul Skeldon 7
OPINION Android: not a poor second Android has always been seen as the poor man’s iPhone, but not anymore. So now is the time to start developing for it, says Paul Skeldon 8
MORE THAN 15% of smartphone owners will use mobile wallets by 2018, but users want way more than just payments from such a technology, according to new Forrester research. According to the study 34% of EU7 consumers want any wallet to include loyalty points, while 36% want coupons and special offers built in. But the research goes much further. 31% want price comparisons on items they are planning to buy, while 27% want product information. 27% want to be able to make restaurant reservations from a wallet, while 23% want to be able to ask for a restaurant bill from their table. 26% want receipts to automatically store in their wallet. 30% want tickets and 28% want card details and gift cards to also be compatible with their wallet product. In short, consumers want more than payments, they want a retailing assistant. These results show that not only are consumers ready to embrace mobile wallets and m-payments, but that they are going to be a boon to marketers/ Already, 27% of marketers plan to use mobile wallets this year as part of their marketing tool kit, up from 14% in 2014. And consumer interest is there -- when asked what mobile wallet services are of interest, loyalty programs top the list, followed by access to coupons, discounts, and special offers, the ability to compare prices, and to find product information (see below figure). New entrants are answering these latest needs, with services that enable brands to add value beyond
OPINION Apple picking Jon Marks CTO, Kaador, however, wonders if its time to ignore Android as Apple is doing so very well and looks to only be growing 9
OPINION The trouble with location Andrew Darling takes a look at how location based marketing needs to up its game and get much more contextual if its to do the business 10
DIRECTORY
The leading industry directory of services 12
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