News as it is -

Best Media Info

Partner Content

Almost 75% brands have been advertising on mobile gaming apps for over a year, says InMobi report

InMobi has released the findings of its latest ‘Mobile Game Advertising 2022’ report for India

Almost 75% of brands have been advertising on mobile game apps for more than a year, leading to a two-fold increase in gaming ad spends since the pandemic, as per InMobid’s report.

InMobi, the provider of content, monetisation, and marketing technologies that help businesses fuel growth, has released the findings of its latest ‘Mobile Game Advertising 2022’ report for India.

InMobi surveyed 205 Indian mobile marketing leaders, including senior executives from brands and media organisations, as part of this study. The report also reveals how brands and agencies are addressing the four most common myths associated with mobile game advertising that might be preventing wider adoption.

The key highlights of the report are:

Brand awareness lift ranks as the key objective with gaming advertising

According to the report, gaming witnessed a 32% YoY growth in average spending by advertisers. While completion rates and viewability are the most sought-after campaign metrics by advertisers, the lift in brand awareness is used as a benchmark for campaign success on mobile gaming.

Doubling down on gaming ads with programmatic and diverse formats

When it comes to buying methods, 42% of advertisers stated that they used programmatic trading on open exchanges while 38% used programmatic private marketplace deals for gaming advertising. On the other hand, blended in-game ads are the most popular format that advertisers want to use in the future. Blended in-game advertising allows brands to create immersive experiences without interrupting the gaming flow. This format gives brands the freedom to place their messaging on various objects within the game, such as billboards or buildings, making them more flexible than traditional banners and having a higher recall.

Despite myths around mobile gaming advertising, it is emerging as a rapidly growing channel

Some brands are hesitant to take the plunge and invest in mobile game advertising due to misplaced notions around measuring its return on investment, allocation in the media mix, investment in creating ads assets, and brand safety around placements. But this couldn’t be further from the truth. The study shows that advertising on mobile gaming delivers better performance compared to non-gaming environments with up to 2x higher completion rates and engagement. Moreover, 97% of the marketers that advertise on mobile gaming are satisfied with their experience and results.

Rishi Bedi, Managing Director, Asia Pacific at InMobi, said, "Brands have taken notice of the gaming industry's rapidly growing consumer adoption and engagement. Hence, mobile game advertising is evolving into more than simply a trend as audience reach keeps growing, ad formats diversify, and ad budgets keep rising. And over time, more and more advertisers are including mobile game advertising in their media mix owing to the positive outcomes and impactful results."

Post a Comment