Martech specialist sets-up forward-thinking MNOs and Ecommerce brands for mobile marketing success
Athens, London, Sao Paulo, 17 January 2023, – Upstream, the global mobile marketing technology specialist, is sharing its vision for the industry in 2023 as CMOs prioritise delivering personalized offers, exceptional customer experiences and targeted multichannel campaigns in the year ahead to support revenue growth, amid wider economic cooling.
With advertising spend predicted to grow by 2.6% over the next 12-months[1], many CMOs are placing marketing technology at the top of 2023’s buying list. Global mobile penetration is at an all-time high, meaning many businesses, and mobile network operators (MNOs) are looking towards mobile marketing to engage consumers and boost sales.
“The door has opened for a reshuffling of media investment with advertisers laser-focused on the technologies and strategies that provide the most return-on-investment and long-term sustainability. Market turmoil might be fanning the flames left in the wake of the pandemic for much of the technology industry and wider economy, but it is also feeding an ever-growing consumer demand for richer, digital experiences and services,” said Dimitris Maniatis, CEO, Upstream.
“For Mobile network operators, who are in a unique position to capture first-party data, 2023 is the moment to make their move in securing a more prominent position in the digital advertising ecosystem. As brands and retailers look to work with capable partners who can boost the efficiency and success of multichannel marketing campaigns targeted towards increasingly cost-conscious consumers, MNOs are perfectly placed to help.”
Mobile Marketing Outlook for 2023
2023 will be a pivotal year for MNOs and Ecommerce brands as they navigate growing their customer bases and revenue streams against a picture of weaker global economic growth and evolving customer expectations. Upstream is sharing its views on what the industry can expect looking ahead to the next 12 months:
Upstream sets-up brands and MNOs for mobile marketing success
Upstream is on a mission to enable brands to drive growth by creating the best personalized experiences for consumers possible, leading to greater engagement, satisfaction, and sales.
With a dedicated version launched for Ecommerce in 2022, Upstream’s powerful mobile marketing automation platform, Grow, delivers mobile marketing campaigns that drive five times higher conversions with 30% less effort and a three times ROI.
Introduced in Q3 this past year, Grow’s latest feature, Mobile Identity, uses first-party data uniquely available to mobile operators to identify up to 85% of a website’s visitors on the open web. Upstream’s Mobile Identity allows for highly accurate and efficient mobile marketing in a fully private and compliant way. This comes in time to address the digital advertising industry’s search for new identification methods, necessary due to the upcoming demise of third-party cookies.
“Innovation at Upstream shows no sign of stopping going into 2023, with a focus on expanding capabilities for all customers. This includes AI-enabled optimization, self-management, reporting and ad-serving capabilities for MNOs, as well as automation, integrations and broadcast flagship features for Ecommerce and brands amongst other functionalities,” said Chrysa Karamanidi, Chief Innovation Officer at Upstream.
[1] WARC - The Ad Spend Outlook 2022/23: Impacts of the Economic Slowdown
[2] Statista
[3] Statista
[5] Gartner - The Future of Sales Follow-Ups: Text Messages
[6] Drift and Marketing AI Institute – 2022 State of Marketing and Sales AI Report
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