location based services market trends & value chain
DESCRIPTION
This deck provides an overview on the 6 players in the location-based services value chain, from a Singapore market context. I look forward to hear from you on how your market differs from this view. cheers, @nelsonweeTRANSCRIPT
LOCATION-BASED SERVICES
MARKET TRENDS
PLAYERS IN THE VALUE CHAIN
Nelson Wee, Mobile Internet Professional
Linkedin Profile: http://www.linkedin.com/in/nelsonwee
Engage me in Twitter: @nelsonwee
Key Market Growth Trends in Location-based Services
Location Based Apps & check-in features are garnering interest in mobiles
•Twitter, Foursquare, Gowalla and Facebook “Places” where consumers are sharing to show-off their
“Fab life”
•Other examples: Shopkick, Foodspotting
•Mainstream: amongst 20 to 34 year olds where privacy less of a concern
•Secondary target group: 35 to 44 year olds, though this group has higher spending power.
•Emotional drivers: Gamification, social leaderboards are used to engage consumers.
•Rational drivers: Price comparisons through daily deals, bar-code reading of prices.
Group buys through Social Sharing and Mobile coupons, local deals are growing
•Facebook credits – for virtual and also physical goods?
•Paypal account to order your takeaways?
•Operator billing for lower price tiered goods?
•Retail POS: Visa Paywave contactless payment, MasterCard PayPass – Tap & Go
•Players include Groupon are expanding into Asia through acquisitions.
•Local players like Chlkboard and deal.com.sg are growing mind share, market share with advertisers.
Singapore shows strong growth in mobile subscribers and VAS
•IDC forecasts that the number of Singapore mobile subscribers will increase at a 3.9% CAGR to reach
8.3 million by 2014, pushing the penetration rate from 140% in 2009 to 163% by 2014
•Much of the growth is expected to come from the take-up of non-voice services and prepaid
subscriptions and the proliferation of multi-SIM cards.
Many players are looking into being your mobile wallet
Nelson Wee | Mobile Internet Professional | LinkedIn: http://www.linkedin.com/in/nelsonwee | Twitter: @nelsonwee
•Enrich POIs
through
partnering
with Retail
and F&B
merchants to
populate
•Technology
partners
•Developers
provide the
user interface,
search,
platform
(device, PC)
support
•Ad serving
platform
providers
•Turn by Turn Nav
•Check in
•Customer review
sites, UGC feeds
•Campaign meta
layers, business
rules
•Directory search
•Daily social deals
•Restaurant Booking
•Social media
analytics
•Develop
Mobile
Operators
data plans
•Retail and
F&B
merchants
POS
promotions
•Partnerships
with Device,
H/W
manufacturers
on out of box
experience
•Apps /
Services
channel
distribution and
promotions
Location-Based Services Value Chain
Location Based Content & Services
Advertising Map Data
Access & Service Provision
N-screens Device, Tablet, PC
Application Software
Nelson Wee | Mobile Internet Professional | LinkedIn: http://www.linkedin.com/in/nelsonwee | Twitter: @nelsonwee