Mobile Advertising Prices Up 50% in Q4

Mobile advertising prices rose dramatically in the fourth quarter of 2012, as the advertising season kicked into high gear. In fact, the metric for effective cost per thousand impressions (eCPMs) was up 50%, new data suggests.

A new report from MoPub -- a real-time bidding exchange where advertisers bid on ad inventory from smartphone apps -- tracked its network of 30 billion ad impressions in the fourth quarter of 2012 to reveal spikes in mobile ad prices.

"By looking at the fourth quarter -- which is the big advertising season -- it's evident that mobile is catching up to what we already know is happening," said Elain Szu, director of product marketing. "Advertisers really looked to…
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