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India has
870+ million mobile phone users in India building an overall mobile tele
density of 70.96%.
Whats interesting is only 330 million read a newspaper every day, only 159
million tune into radio and 112 million Indians take that couch ahead facing T
V Sets.
Needless to say mobile wins hands down against every media vehicle of mas
s reach. Around 90% of mobile phone connections in India are prepaid and,
despite the relative inexpensiveness of calls, it isnt all that uncommon for
people to tell each other, Give me a missed call.
Today India has one of the fastest growing mobile internet adoption rate, how
ever its still not as fast as foreign markets. With a total base of approx 870
million mobile connections. Only 147 million are
connected to internet over mobile. This leaves approx 723 million mobile dev
ices which can only be
reached through the traditional approach of mobile phones i.e. Voice, SMS an
d THEMSD (Unstructured Supplementary Service Data). Thats how
Indian mobile market differs from global ones.
Theres money in the business, which is why Twitter recently acquired Indian
company ZipDial. It is also why Facebook forged a partnership with
VivaConnect, a rival of ZipDial, in November last year.
Missed call marketing is exactly what it sounds like: consumers call back in
response to ads targeted at them, but hang up without connecting.
Companies then call them back or send messages with deals, coupons and
offers.
More than that, the companies gain valuable information of customer
interests, preferences and profiles so that ads can be more precisely
targeted.
How does it work?
And will companies theme it?
To answer the second question first, they already do.
For instance, in 2013, when consumer goods company Hindustan Unilever
Ltd (HUL) looked at ways to increase engagement with its consumers in Bihar
and Jharkhandit believed the two markets were relatively underserved by
mediait decided to theme missed call marketing. The company set up its
own mobile radio channel, Kan Khajura Tesan (earworm station) along with
a campaign to build awareness. Consumers could give a missed call to a
number and, in return, receive 20 minutes of free, on-demand content,
ranging from Bollywood songs to popular Hindi entertainment. The campaign
seems to have struck a chord with the users and has, to date, racked up calls