Thursday, August 27
etohum strikes back!
etohum is a platform of which main goal is to bring young entrepreneurs and potential investors together in Turkey. It was found by Burak Büyükdemir, a teacher of mine from ITU, and backed by a very experienced and talented group of people who might be considered as the idea leaders of the industry. I believe they had a very successful run last year, and now; starting today, etohum is inviting its second year candidates. Considering the recent 3G launch and its hype, I am expecting to see at least a few very promising mobile ideas this year.
Monday, August 3
Killer App for Your Appetite
"Being connected" on the go is usually a significant advantage in many cases and ordering food is one of those. Considering my experiences, I'd say that; the time period from work to home, is probably the one I make most of my food-related decisions. Pizza Hut has recently launched it mobile app for iPhone to address that need and TC reports that they already had ~100K downloads in just 2 weeks, which can obviously be considered as an impressive take off.
It is not secret that, many brands used to establish their mobile presence (as they did for their web presence a decade ago) for mostly branding purposes which is meanly led by the first-mover motivation. Many advertisers still do not actually measure their ROI from any of those efforts and they just assume that it will bring them long-term value. That actually might be the right motivation for experimenting, definitely better then just waiting the optimum conditions.
I don't have any insights on the cost for building such an application to Pizza Hut, but if you just make some rough calculations with pessimistic assumptions; you'd see that there really is a direct, profitable and scalable sales channel here. I believe it won't take as much time for advertisers to focus more on ROI at mobile platforms as it did at their web efforts.
It is not secret that, many brands used to establish their mobile presence (as they did for their web presence a decade ago) for mostly branding purposes which is meanly led by the first-mover motivation. Many advertisers still do not actually measure their ROI from any of those efforts and they just assume that it will bring them long-term value. That actually might be the right motivation for experimenting, definitely better then just waiting the optimum conditions.
I don't have any insights on the cost for building such an application to Pizza Hut, but if you just make some rough calculations with pessimistic assumptions; you'd see that there really is a direct, profitable and scalable sales channel here. I believe it won't take as much time for advertisers to focus more on ROI at mobile platforms as it did at their web efforts.
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