Mobile marketing in Latin America is growing rapidly due to increasing smartphone and mobile internet usage. However, three myths are holding back its growth: that Latin Americans are not receptive to mobile ads; that feature phones are not important; and that most mobile transactions occur offline. The document dispels these myths with data showing Latin Americans' openness to mobile ads, the continued dominance of feature phones, and examples of successful mobile campaigns including sponsored services. It argues marketers need a "mobile first" approach and should test mobile strategies now to benefit from the fast growth of this region's mobile sector.