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Mobile Marketing Association
JACK PHILBIN
Co-founder & CEO, Vibes
Chairman NA, MMA
Mobile Wallets Redefined
The Impact of Apple’s Passbook
JACK PHILBIN
Co-Founder & CEO, Vibes
Chairman NA, MMA
Jack@vibes.com
@jackphilbin
#Passbookresults
2 ©2013 Vibes. All Rights Reserved. Confidential
Mobile Wallets Redefined
Today’s Speakers
#Passbookresults
Jack Philbin
Co-Founder &
CEO Vibes
Chairman NA, MMA
Steve Ibach
Vice President,
Digital Partnerships
Inmar
Catherine Tabor
Chief Executive
Officer
Sparkfly
Anne Zybowski
Vice President,
Retail Insights
Kantar Retail
3 ©2013 Vibes. All Rights Reserved. Confidential
Mobile wallet ecosystem: Passbook in context
m-Commerce
4 ©2013 Vibes. All Rights Reserved. Confidential
The Passbook opportunity
• Apple launched Passbook in
September with the iOS 6 update
• Apple as a trusted service provider
• Save for later feature = extreme
convenience
• Time, location and interactive
features make Passbook different
• A week after Passbook launch,
Vibes started its Beta program –
10 Passbook programs
Boarding
Pass
Event
Ticket
Loyalty
Card
Coupon
or Offer
5 ©2013 Vibes. All Rights Reserved. Confidential
Time, location and interaction are key for engagement
User enters within a 100-meter radius of a location
and receives a notification to their phone
6 ©2013 Vibes. All Rights Reserved. Confidential
Vibes clients leveraging Passbook – 10+ Programs
87% - 96%
Of users had non-iOS6 device
Of users who installed a Pass,
retained it after the offer expired
60% -70%
7 ©2013 Vibes. All Rights Reserved. Confidential
Passbook drives significant engagement and foot traffic
7-13%
redeemed
pass in-store
3-18%
clicked through
to offer
30-60%
users with
Passbook
35-60%
added the
Pass
87-96%
retained the
Pass after offer
expired
8 ©2013 Vibes. All Rights Reserved. Confidential
Passbook drives significant engagement and foot traffic
Build-A-Bear
University of
MichiganSears
Texas
Roadhouse
9 ©2013 Vibes. All Rights Reserved. Confidential
Passbook success factors
Passes should be distributed
through multiple channels
1. Distribution
Mobile wallet programs should
support all smartphones
2. Reach
Pass management and
measurement is essential
3. Management
10 ©2013 Vibes. All Rights Reserved. Confidential
1. Distribution: use multiple channels to distribute Passes
Passbook
Pass
Text
Mobile
Ads
Apps Email
Web
Direct
mail
Social
11 ©2013 Vibes. All Rights Reserved. Confidential
2. Reach: offer a solution for all smartphone users
Passbook Pass Mobile Web
Text BEER to 84237
iOS 6?
YES NO
iPhone
12 ©2013 Vibes. All Rights Reserved. Confidential
3: Management: manage Passes throughout the lifecycle
Create
Distribute
ManageMeasure
Optimize
13 ©2013 Vibes. All Rights Reserved. Confidential
What’s next with mobile wallets?
Non-Payment
Value Proposition
Apple Passbook
• Consumer Focused
• Used by Marketing
• Mobile Marketing
Payment
Value Proposition
Google Wallet
• Transaction Focused
• Used by Finance / IT
• Mobile Payments
“Next Level”
Mobile Wallet
14 ©2013 Vibes. All Rights Reserved. Confidential
Mobile Wallets Redefined
Today’s Speakers
#Passbookresults
Jack Philbin
Co-Founder &
CEO Vibes
Chairman NA, MMA
Steve Ibach
Vice President,
Digital Partnerships
Inmar
Catherine Tabor
Chief Executive
Officer
Sparkfly
Anne Zybowski
Vice President,
Retail Insights
Kantar Retail
15 ©2013 Vibes. All Rights Reserved. Confidential
Stop by Vibes’
booth (#14) to
pick up an
advance copy
of the Passbook
report
Mobile Wallets Redefined
The Impact of Apple’s Passbook
JACK PHILBIN
Co-Founder & CEO, Vibes
Chairman NA, MMA
Jack@vibes.com
@jackphilbin
#Passbookresults

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Mobile Wallets Redefined and the Impact of Apple’s Passbook

  • 1. Mobile Marketing Association JACK PHILBIN Co-founder & CEO, Vibes Chairman NA, MMA
  • 2. Mobile Wallets Redefined The Impact of Apple’s Passbook JACK PHILBIN Co-Founder & CEO, Vibes Chairman NA, MMA Jack@vibes.com @jackphilbin #Passbookresults
  • 3. 2 ©2013 Vibes. All Rights Reserved. Confidential Mobile Wallets Redefined Today’s Speakers #Passbookresults Jack Philbin Co-Founder & CEO Vibes Chairman NA, MMA Steve Ibach Vice President, Digital Partnerships Inmar Catherine Tabor Chief Executive Officer Sparkfly Anne Zybowski Vice President, Retail Insights Kantar Retail
  • 4. 3 ©2013 Vibes. All Rights Reserved. Confidential Mobile wallet ecosystem: Passbook in context m-Commerce
  • 5. 4 ©2013 Vibes. All Rights Reserved. Confidential The Passbook opportunity • Apple launched Passbook in September with the iOS 6 update • Apple as a trusted service provider • Save for later feature = extreme convenience • Time, location and interactive features make Passbook different • A week after Passbook launch, Vibes started its Beta program – 10 Passbook programs Boarding Pass Event Ticket Loyalty Card Coupon or Offer
  • 6. 5 ©2013 Vibes. All Rights Reserved. Confidential Time, location and interaction are key for engagement User enters within a 100-meter radius of a location and receives a notification to their phone
  • 7. 6 ©2013 Vibes. All Rights Reserved. Confidential Vibes clients leveraging Passbook – 10+ Programs 87% - 96% Of users had non-iOS6 device Of users who installed a Pass, retained it after the offer expired 60% -70%
  • 8. 7 ©2013 Vibes. All Rights Reserved. Confidential Passbook drives significant engagement and foot traffic 7-13% redeemed pass in-store 3-18% clicked through to offer 30-60% users with Passbook 35-60% added the Pass 87-96% retained the Pass after offer expired
  • 9. 8 ©2013 Vibes. All Rights Reserved. Confidential Passbook drives significant engagement and foot traffic Build-A-Bear University of MichiganSears Texas Roadhouse
  • 10. 9 ©2013 Vibes. All Rights Reserved. Confidential Passbook success factors Passes should be distributed through multiple channels 1. Distribution Mobile wallet programs should support all smartphones 2. Reach Pass management and measurement is essential 3. Management
  • 11. 10 ©2013 Vibes. All Rights Reserved. Confidential 1. Distribution: use multiple channels to distribute Passes Passbook Pass Text Mobile Ads Apps Email Web Direct mail Social
  • 12. 11 ©2013 Vibes. All Rights Reserved. Confidential 2. Reach: offer a solution for all smartphone users Passbook Pass Mobile Web Text BEER to 84237 iOS 6? YES NO iPhone
  • 13. 12 ©2013 Vibes. All Rights Reserved. Confidential 3: Management: manage Passes throughout the lifecycle Create Distribute ManageMeasure Optimize
  • 14. 13 ©2013 Vibes. All Rights Reserved. Confidential What’s next with mobile wallets? Non-Payment Value Proposition Apple Passbook • Consumer Focused • Used by Marketing • Mobile Marketing Payment Value Proposition Google Wallet • Transaction Focused • Used by Finance / IT • Mobile Payments “Next Level” Mobile Wallet
  • 15. 14 ©2013 Vibes. All Rights Reserved. Confidential Mobile Wallets Redefined Today’s Speakers #Passbookresults Jack Philbin Co-Founder & CEO Vibes Chairman NA, MMA Steve Ibach Vice President, Digital Partnerships Inmar Catherine Tabor Chief Executive Officer Sparkfly Anne Zybowski Vice President, Retail Insights Kantar Retail
  • 16. 15 ©2013 Vibes. All Rights Reserved. Confidential Stop by Vibes’ booth (#14) to pick up an advance copy of the Passbook report
  • 17. Mobile Wallets Redefined The Impact of Apple’s Passbook JACK PHILBIN Co-Founder & CEO, Vibes Chairman NA, MMA Jack@vibes.com @jackphilbin #Passbookresults