It is primarily the consumer's receptiveness to the device that led the businesses to go mobile. For example, according to WEB DAM Solutions, an SMS coupon is redeemed eight times more than email offers. It would not be an exaggeration to say a significant part of corporate strategy will be based on mobile. Why?
The empowered consumer today likes to be connected 24X7 and keeps herself updated with the latest happenings. She is constantly in touch with the world through her mobile phone, which opens up myriad avenues for communication through e-mail, web, social media, apps, SMS, IVR, WAP and so on. No wonder a 'mobile first' strategy is on everyone's mind, be it large corporates, SMBs or start-ups. And, if you think that it is only select industries such as banking that are making a switch to mobile strategies, you are wrong. From automobile to FMCG to consumer durables, business analysts across industries see ROI from mobile strategies. The mobile platform can do what was earlier hard if not impossible - streamline business operations, increase employee productivity, customer engagement and even allow businesses unprecedented ability to more effectively target markets.
It is interesting to explore in some detail how this ubiquitous device is being exploited by businesses through a few examples. Integrating a toll free number for more information, or an app to book a test drive have been instrumental in significantly increasing sales and services for an automobile vendor. Banks are another example using mobile banking apps to track remotely located ATMs. An FMCG company can reach 'media dark' territories in rural India with call back services that has radio content on mobile, with advertisements strewn in between.
Businesses are more than willing to allocate at least a part of their operational and marketing budgets to mobile. For many, the decisive factor is that mobile helps meet business targets even on a shoestring budget. It is not just corporates that are taking to this platform in a big way. I expect that the current, impending and planned deployment of mobile strategies by governments has the potential to make the most significant impact of all. Governments have started strengthening communications with citizens through mobile, bypassing the need for traditional physical networks. The recent accomplishment of the 'Mobile Seva' initiative at the 2014 UN Public Service Awards, which enables delivery of public servicesthrough the mobile platform, is a clear message that the future of governance lies in the mobile.
With the number of mobile subscribers, choice of channels and mobile engagement platforms increasing, the future holds great opportunity for mobile service providers and client organisations alike.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)