Mobile social networks (or at least the clever ones) are mapping out business models that allow them to transition from being meeting places for communities to being marketplaces for commerce.

It’s early days and there are no easy answers – all the more reason to attend Mobile Advertising & the Rise of Social Networking: What does it mean for Brands, Agencies and Service Providers?, a Knowledge & Networking Seminar organized by AIME, (The Association for Interactive Media and Entertainment), this Thursday in London.  The seminar provides the perfect opportunity to explore key learnings with industry pioneers and network over drinks. (The event begins at 6:30 p.m. and wraps up around 11 p.m. More details on the program and venue here.)

One company I look forward to hearing is Flirtomatic, a pioneer mobile flirting service that has had great success monetizing mobile users through conversation with added fun and great content such as virtual flowers and kisses. The company recently extended its reach to enable members to give the objects of their affection real gifts including chocolate and sexy underwear. As Matt Dicks, Commercial Director for Flirtomatic, put it in an interview with AIME’s Andrew Darling: The approach to mobile advertising is about marketing entertainment and content services as part of its mobile social network. “It’s about integrating ads and brands into the fabric of a social networking service – enabling premium gifting between users and using advertising to support content.”

Other speakers on hand to share their experiences/vision include:

• Nandi Gurprasad, VP of Alliances, Bango
• Dusan Hamlin, Joint Managing Director, Inside Mobile
• Mark Brill, Chairman Mobile Council, DMA
• Henry Stevens, Director of Media and Entertainment, GSMA

I’ve been invited to present the results of my new-release white paper (Mobile Advertising For The Masses). In it I road test the mobile ad networks offered by three mobile social networks and document the results. (Look for the free download later on in the week.) I also conclude with my three principles for interacting with mobile social networkers on their terms. (After all, those are the rules here!)

1) Make the most out of mobile analytics offered both by the ad network and an independent vendor to match your marketing message/campaign with the community.

2)Consider virtual gifting and other schemes to provide something of value to users and their community.

3)Participate actively in the community and interact with members to build relationships and enable them to deepen their relationships with each other by providing tools that will let them do what they are there to do: Keep in touch with friends, connect with people who share their interests and share content and feelings with the community.

If you want to meet up or catch-up during the seminar, then please reach out to me directly, or contact Andrea Henninge (andrea@msearchgroove.com) to schedule a briefing.

Disclaimer: Bango is an MSG sponsor.

Tags: AIME, bango, DMA, Flirtomatic, GSMA, Inside Mobile, Mobile Social Networking, Mobile Social Networks, virtual gifting, white paper

This entry was posted on Monday, March 30th, 2009 at 5:24 pm and is filed under Mobile Advertising, Mobile Research, Mobile Social Networking, White Papers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.