SME Times News Bureau | 12 Sep, 2011
SMS GupShup which operates an SMS-based social networking
platform in India says that mobile advertising is the best way out for small
and medium enterprises (SMEs) in a price-driven market like India as the
company targets a revenue of Rs.100 crore by the end of the current financial
year.
"We cater to a huge number of small and medium enterprises for whom print
and TV advertising is very expensive. While our services are much more
cost-effective, it reaches customers as well," Beerud Sheth, chief
executive officer, SMS GupShup said.
"In India a majority of people have feature phones and not smartphones.
SMS is a service which works for all," he added.
The company has over five crore individual users, 2,500 small and medium
enterprises and 500 corporate brands, including Pepsi.
SMS GupShup allows users to create mobile communities and broadcast messages to
them. GupShup has thousands of groups on topics such as finance, entertainment,
lifestyle, health, sports and technology.
The messages that the company forwards to the users has an advertisement in the
second half of the content depending upon the area of interest of the user.
Speaking on the Telecom Regulatory Authority of India's regulation on
unsolicited commercial calls and messages which is to be effective from Sep 27,
Sheth said that it's a really good move which will bring huge respite to the
mobile subscribers.
"Lately, I have been informed about many telemarketing companies who
indulge in unsolicited commercial communication, specially unwanted messages
from the real estate brokers have been a real pain. This regulation will bring
relief to the consumers."