Eigaland's Mobile Video is Set to Outperform Traditional Media in Japan
Eigaland's Mobile Video is Set to Outperform Traditional Media in Japan
PR68160
HONG KONG, April 11, 2017 /PRNewswire=KYODO JBN/ --
Hotmob, the leading mobile marketing company that operates the largest hybrid
mobile advertising marketplace in Asia, contends that Japanese advertisers are
shifting more budget from traditional media to digital and believes that mobile
video is set to be the outperformer.
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Traditional Japanese ad agencies have been heavily relying on television media
buying in the past. The demand for digital advertising surges as mobile phone
and smartphone users continue to grow rapidly, surpassing 84% of the country's
126.5 millions population based on a survey by ThinkAgent and GMO Japan Market
Intelligence.
Hotmob CEO Johnny Wong said, "The majority of Japanese mobile users use
smartphones to access emails and social media, in particular the young
generation are spending more hours daily on viewing videos on smartphones than
on traditional television. This is why local advertisers started to embrace
mobile video ads to promote direct purchase of products and services."
"Eigaland" is a movie-goer community on mobile application and most covered the
online-ticketing cinemas in Japan. Eigaland is also the first movie application
to deliver premium mobile video ads in Japan, up to 9X video completion rate
compared to desktop video. According to a recent research conducted by Google
and TNS, 74% of smartphone users in Japan watch mobile videos. This corresponds
to the reality that the market has a great demand on mobile videos.
Wong added, "As the largest movie-goer community on mobile application in
Japan, Eigaland connects with 323 theaters nationwide to provide screening
schedule and online ticket reservation service for the Japanese market. Huge
traffic flows into the mobile application platform daily which offers numerous
exposures for brands and advertisers to reach potential consumers."
Mobile videos are being slowly picked up by local advertisers and traditional
Japanese ad agencies. According to a report by CyberAgent, the demand for video
ads for smartphones is projected to grow to 188.3 billion yen in 2020, about
three times of 2016. It is suggested that mobile video advertising may
eventually take over traditional media some day.
About Hotmob
Hotmob is the leading mobile marketing company that operates a hybrid mobile
advertising marketplace to offer premium and performance-driven mobile
advertising solutions, which are facilitated by proprietary advertising
technologies and robust ad-serving platforms to meet the growing demand from
businesses across Asia.
Contact:
Diana Kwok
+852-3728-2406
diana.kwok@hot-mob.com
SOURCE: Hotmob Limited
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