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The Future of
Location Based Advertising




          Bernard Leong
        Co-Founder & CTO


                             1
“The three most important things in buying a home:
          Location, Location & Location”
                    - Unknown
                                                     2
Mobility endows the user to discover, interact
and engage with the environment around them.
                                                  3
How effective has been the consumer
       engagements with known platforms?




  700M Users           180M Users           10M Users
3B Shares / Day      155M Tweets/Day     3M Check-ins/Day

    Social Interactions escalate, amplify & distribute
                 virally and in real-time.
                                                            4
Mobility extends the engagement of social
 interactions into location based services


                                             5
Fusion of Online and Offline worlds with Local
Video, Image and Augmented Reality services
                                                6
Social E-Commerce on the Rise from Deals to
Point of Sales transactions using mobility and
             technology via NFC
                                                 7
How are the current results with location
based services with respect to e-commerce?




                                83M subscribers
           US$3M / Day
                             16M bought Groupon
        in Mobile Payments
                               (19% conversion)

While it is booming in US, the payment options are
very limited in Asia as a whole and deals are only
           useful for customer acquistion.
                                                     8
Mobile Marketing &
budget ($)
                Location Based Services
Marketing




             Global    Mid size companies
             Brands   with country-wide ops
                                              Small Medium Businesses
                                                + Mom-Pop Shops



                            # of companies



                                                                        9
Mobile Advertising Networks vs
                        Marketing Budgets
budget ($)
Marketing




                                                       Why?
             Global     Mid size companies     Small Medium Businesses
             Brands    with country-wide ops     + Mom-Pop Shops




                             # of companies



                                                                         10
Challenges from Small & Medium Businesses




  Listings on Printed Media
 S$10K Annual Subscription      Electronic Banner
                              ~S$15-20K per month

                               Note: 7 out of 10
                               consumers treat
  Short Messaging Services    SMS marketing as
      S$0.15 per SMS             spam in SG
                                                    11
Challenges from
     Small & Medium Businesses
•   Bridging the technology
    gap for the small and
    medium businesses
    that are left behind.

•   Understand their costs
    and the ROI.

•   Distribute the
    messages across
    different channels.

                                 12
Can we overcome the challenge of
Average Cost of Marketing per day                       costs low & affordable for SMEs?
                                                                      1. Simple & Self-served
                                                                      model.
                                         S$300
                                                                      2. Integrated with social
                                                                      media & basic analytics.
                                                                      3. Distribution via 3rd party
                                                                      apps using a pull & not
                                                                      push.
                                                          S$100




                                                                        S$32
                                                                                  S$0.99

                                    Electronic Banner Printed Media     SMS     Chalkboard

                                                           Types of Media
                                                                                                      13
On Mobile Phones
                                     SG Malls   SG Events




Inside Games   Inside Applications
  You can also access via browsers on smartphones
        (iPhone, Android & Blackberry) using
              m.yourchalkboard.com
                                                            14
On Websites




     www.penn-olson.com




                          15
Global Statistics
   23,585,714
      Impressions

    5,417,201
       API Calls
 6.42% 347,911
Click-Thru Rate    Clicks
                            16
17
Largest Volume Area:
                    MRT Stations & Markets
                           Nearby

                   ~1-2% Click Thru Rate
                           per location


                    100K impressions
                           per location

                      37 Local Retailers
A Campaign to help small retailers ...
                                             18
The Future is...
      SOLOC
Socialize + Localize + Commercialize




                                       19
Thank You & Watch this Space!
Contact Me via bleongcw via Twitter or (at) yourchalkboard.com




                                                                 20

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The Future of Location Based Advertising

  • 1. The Future of Location Based Advertising Bernard Leong Co-Founder & CTO 1
  • 2. “The three most important things in buying a home: Location, Location & Location” - Unknown 2
  • 3. Mobility endows the user to discover, interact and engage with the environment around them. 3
  • 4. How effective has been the consumer engagements with known platforms? 700M Users 180M Users 10M Users 3B Shares / Day 155M Tweets/Day 3M Check-ins/Day Social Interactions escalate, amplify & distribute virally and in real-time. 4
  • 5. Mobility extends the engagement of social interactions into location based services 5
  • 6. Fusion of Online and Offline worlds with Local Video, Image and Augmented Reality services 6
  • 7. Social E-Commerce on the Rise from Deals to Point of Sales transactions using mobility and technology via NFC 7
  • 8. How are the current results with location based services with respect to e-commerce? 83M subscribers US$3M / Day 16M bought Groupon in Mobile Payments (19% conversion) While it is booming in US, the payment options are very limited in Asia as a whole and deals are only useful for customer acquistion. 8
  • 9. Mobile Marketing & budget ($) Location Based Services Marketing Global Mid size companies Brands with country-wide ops Small Medium Businesses + Mom-Pop Shops # of companies 9
  • 10. Mobile Advertising Networks vs Marketing Budgets budget ($) Marketing Why? Global Mid size companies Small Medium Businesses Brands with country-wide ops + Mom-Pop Shops # of companies 10
  • 11. Challenges from Small & Medium Businesses Listings on Printed Media S$10K Annual Subscription Electronic Banner ~S$15-20K per month Note: 7 out of 10 consumers treat Short Messaging Services SMS marketing as S$0.15 per SMS spam in SG 11
  • 12. Challenges from Small & Medium Businesses • Bridging the technology gap for the small and medium businesses that are left behind. • Understand their costs and the ROI. • Distribute the messages across different channels. 12
  • 13. Can we overcome the challenge of Average Cost of Marketing per day costs low & affordable for SMEs? 1. Simple & Self-served model. S$300 2. Integrated with social media & basic analytics. 3. Distribution via 3rd party apps using a pull & not push. S$100 S$32 S$0.99 Electronic Banner Printed Media SMS Chalkboard Types of Media 13
  • 14. On Mobile Phones SG Malls SG Events Inside Games Inside Applications You can also access via browsers on smartphones (iPhone, Android & Blackberry) using m.yourchalkboard.com 14
  • 15. On Websites www.penn-olson.com 15
  • 16. Global Statistics 23,585,714 Impressions 5,417,201 API Calls 6.42% 347,911 Click-Thru Rate Clicks 16
  • 17. 17
  • 18. Largest Volume Area: MRT Stations & Markets Nearby ~1-2% Click Thru Rate per location 100K impressions per location 37 Local Retailers A Campaign to help small retailers ... 18
  • 19. The Future is... SOLOC Socialize + Localize + Commercialize 19
  • 20. Thank You & Watch this Space! Contact Me via bleongcw via Twitter or (at) yourchalkboard.com 20