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Mobile friendly corporate websites - AEX vs. Bel20

7 aug 2007
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A small explorative research by Jungle Rating amongst the largest Dutch and Belgian listed companies shows that seven AEX companies as opposed to zero BEL-20 companies have a mobile friendly corporate website. In this article we explain what a mobile friendly corporate website should be and why we believe you need one.

A small explorative research by Jungle Rating amongst the largest Dutch and Belgian listed companies shows that seven AEX companies as opposed to zero BEL-20 companies have a mobile friendly corporate website. In this article we explain what a mobile friendly corporate website should be and why we believe you need one.

What is a mobile friendly corporate website?

When typing in www.ing.com on a mobile browser the ‘normal’ ING website appears (see screenshot below), including all branding elements, downloads, etc. The mobile friendly page - http://ing.mobi, on the other hand, is very accessible and easy to navigate.

ING.com on mobile browser

ING.mobi (mobile-friendly)

ING.com on mobile browser 

ING.mobi (mobile-friendly)

Mobile websites for executives and financial stakeholders

A mobile friendly corporate website mainly serves two target groups; your executives and your financial stakeholders. Consider that most of your executives and financial stakeholders are travelling a lot and will have a Blackberry or a smart phone to keep themselves up to date.

Some scenarios

  • When the executive team is on a road trip and heading for a meeting with an investment bank they need to check for the latest press releases and the actual stock price to be fully prepared.
  • Financial journalists on their way to the half-year results presentation might want to read the press release beforehand.
  • A financial analyst on the road might need the phone number of the IR department to ask a question on an article he reads in the newspaper.

A mobile friendly corporate website will certainly help your executive team and financial stakeholders to find relevant financial information quickly and easily.

Explorative research: AEX vs. Bel-20

Jungle Rating visited all corporate websites of the 25 largest Dutch and 19 largest Belgian companies to see whether they have a mobile friendly version of their corporate website, providing:

  • share price information
  • the latest (financial) press releases
  • a financial calendar
  • IR contacts

We found that 7 Dutch companies and 0 Belgian companies have a dedicated mobile corporate website, but the available information differs a lot.

Company

Share price?

Press releases?

Calendar?

Contact info?

DSM

yes

yes

yes

no

Hagemeyer

yes

yes

no

yes

Heineken

yes

yes

yes

no

ING

yes

yes

yes

yes

KPN

yes

no

no

no

TomTom

yes

no

no

no

Wolters Kluwer

yes

no

no

no

Table: 7 Dutch companies having a mobile corporate website

  • ING has the most complete mobile website, including stock information, press releases, a financial calendar and IR contact information.
  • All companies provide topical share price information on their mobile friendly website.
  • DSM, Hagemeyer, Heineken and ING provide press releases
  • TomTom and Wolters Kluwer only have a mobile share price tool (and nothing else)

Concluding, some companies – like DSM, ING and Heineken - are serving their executives and financial stakeholders with complete information on their mobile friendly website. Companies with a ‘mobile’ share price only seem to miss the chance to provide other relevant topical information, like press releases, a calendar and IR contact information. Jungle Rating therefore believes that a lot of Dutch and Belgian companies can improve the provision of mobile information for these important target groups.

Tips for a mobile friendly corporate website

  • Conduct a research among your executive team and financial stakeholders to find out whether they like to have a dedicated mobile website to quickly find topical financial information
  • Make sure the mobile version of a corporate website is a stripped off version of the normal corporate website, having:
    • a dedicated url (.mobi, /pda). Communicate the existence of this website ­
    • topical information relevant to investors and press (stock price, press releases, event calendar). Also read last year’s article on mobile devices.