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MYORMR Benefits

Besides offering a new and exciting service to your site visitors or buyer of a music CD, there are other clear positive elements to the MYORMR application for both you (web site owner or record label) and your site visitors.

Web site owner side:
Create a new revenue stream
Leverage existing archives and library of music files
Social Network widgets to expand the promotional opportunities
Full Track delivery to phones available
Benefit from the US$9 billion ringtone business
No special software or downloads required to work with or run MYORMR on your servers
All links to our application server are quick and easy for your webmaster to program code into your existing web site
New promotion opportunity for MYORMR on physical CDs
No maintenance required after initial set up
Customer support offered by FasPay


Web site visitor/buyer of CD benefits:
MYORMR application work with over 1200 compatible GSM and CDMA phones
No special software required to be downloaded to mobile phone (or computer) to use MYORMR application or to receive content (music ringtone) on mobile phone device
Easy to use


Ringtone Industry
The 2008 report from Juniper says that “mobile music will remain the largest single sector of the mobile entertainment industry over the next five years. Revenues from music will rise from nearly $9 billion in 2007 to $17.5 billion in 2012, bolstered by the increasing availability of full-track download and streamed services, the former in both paid-for and rental formats.”

Globally, end-user generated revenues from social networking, dating and personal content delivery services will increase from $572m in 2007 to more than $5.7bn in 2012, with social networking accounting for 50% of the total by the end of the forecast period. According to report author
Dr Windsor Holden, "Even though social networking sites are in their infancy, the exponential growth experienced by a number of mobile service providers – in some cases achieved primarily through viral marketing – would seem to affirm that there is huge potential in this area.
The key challenge now is for those providers to monetise that interest.
 
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