Apple Daily launches in-app, beacon-based targeting

The Hong Kong publisher introduces a new product in a challenging media market.

Apple Daily launches in-app, beacon-based targeting

Hong Kong publisher Next Digital has amped up its location advertising with a new beacon-based AppleSpot service that allows advertisers to push promotion alerts to users of the wildly popular Apple Daily mobile app who come within 50 metres of their businesses.

Speaking to Campaign Asia-Pacific, Janet Tsim, COO of Apple Daily E-Classfied Limited, a subsidiary of the publisher, said the new service was launched simply on the premise that Apple Daily is the "must-download" news app in Hong Kong and the huge potential the publisher sees in this service to help its advertisers drive conversions.

"All the retailers and F&B brands that we work with have different backgrounds and their own marketing philosophies," she said. "We have to be the pioneer to tell them how to do conversion marketing better."

In the current market, digital advertising is more focused on branding, Tsim said. "But we believe that for retailers and F&B brands, proximity advertising will offer a better solution to drive conversions."

Tsim said she is confident that the service is a solution to "win the market", as the bluetooth-enabled service does not require users to download another app, and Apple Daily users are already mobile savvy. "We are riding on the exisiting consumer base to get them more engaged with the app and offer different solutions for advertisers," said Tsim. 

According to Next Digital's 2016 annual report, offline accounted for 58% of its advertising revenue, while online advertising and mobile advertising each accounted for 21%. The company's digital division lost HK$1.2 million (US$154,000) in what the company noted was a tough environment; overall advertising expenditure in Hong Kong declined by 9.1% to HK$41.6 billion (US$5.33 billion) during the period.

Source:
Campaign Asia

Related Articles

Just Published

18 hours ago

Tech On Me: SearchGPT prepares to launch, Outbrain ...

This week, I speak to APAC tech leaders about OpenAI's new SearchGPT. Plus, I look at Singapore-based Qoo10's unfolding crisis, and Chinese tech at the Olympics, among other tech headlines in the region.

19 hours ago

Amazon faces advertising challenges amid weak ...

Amazon's latest earnings report reveals strong advertising growth, but looming economic concerns and distractions like major global events temper the outlook for the coming quarter.

19 hours ago

Asia-Pacific Power List 2024: Joanna Flint, ...

A new-gen CMO, Flint is driving tactical changes at Mandarin Oriental while elevating the luxury brand through innovative campaigns and centralised branding efforts.

21 hours ago

Malaysia's top 50 brands

Shopee continues its dominance in the region, this time topping the Malaysia list in 2024. See which brands are challenging to move up the rankings in Campaign's research in partnership with Milieu Insight.