YP’s Mobile Properties Attract Users with Spending Power
July 22, 2014 | Contributed by: Wesley Young
With more than 10 million downloads of its mobile app and approximately 30 million monthly unique visits across its app and mobile websites, YP.com offers advertisers a great way to reach consumers searching for local business information via their mobile devices.
Not only does YP.com attract a strong cross-section of users, but those users trend younger and carry some serious spending power. The typical YP.com mobile user is between 25-44 years old and makes more than $75,000 annually, according to the latest comScore MobiLens data, although the site has users across all age and income groups.
Last year, YP reported $378 million in mobile ad revenue and noted that half of its audience came from mobile devices. Recently, YP CEO David Krantz was quoted as saying, “we were mobile before mobile was cool” – a claim that seems to be validated by the company’s strong mobile performance indicators.
YP is continuing to attract mobile users and driving mobile ad revenue with new mobile offerings, such as its recently released offering, My Book. An alternative to reviews and tips, this new tool allows both mobile and desktop users to create and manage lists of their favorite businesses. With this data, YP is able to provide users with recommendations based on the number of “favorites” each business has.
Krantz has been very public in his comments regarding the importance of YP’s mobile strategy – and rightfully so. Mobile local searches are driving consumer actions and continue to transform the way consumers interact with local business information. In addition, since YP’s mobile properties are attracting users with spending power, they are poised to remain a major local player that offers strong results for advertisers.