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Mobile commerce sales reached $24 billion over the holidays

A new Adobe Digital Insights report showed that smartphones played a considerable role in online shopping.

Mobile commerce sales came to just over $24 billion throughout the holiday shopping season this year. In fact, Adobe Digital Insights data showed that smartphones and tablets brought in that amount from November 1 through December 24.

That doesn’t include online purchases made over mobile devices at the last moment before Christmas.

Among all the mobile commerce sales this holiday season, smartphones were behind the vast majority. In fact, 68 percent of m-commerce purchases came from smartphones. Tablets were responsible for the remaining 32 percent. This represents a shift in usage as it looks as though people are now leaning toward their phones when they previously preferred the larger screened mobile devices.

Retail mobile commerce sales from smartphones brought in $16.63 billion, with $7.92 billion from tablets.

Mobile Commerce SalesDuring the holiday shopping period, mobile devices were used for 31 percent of online retail sales, said the Adobe Digital Insights data. The remaining 69 percent of online purchases from retailers was through laptops and desktops. Last year, mobile shoppers represented 28 percent of purchases and in 2014, they made 19 percent of the purchases.

Adobe Digital Insights analysts predict that m-commerce will continue to take on a rising share of online sales. In fact, they stated that it is likely that this trend would have kicked in as early as the winding down of the holiday season. The reason is that from December 21 onward, many people were attending holiday functions and were more likely to have a smartphone in hand than to be seated at a work computer.

The report pointed out that the current mobile shopping experience still involves a certain degree of friction. This is primarily the result of the increased challenges involved in filling in purchase forms online. That said, it also underscored the fact that a growing number of retailers are working on improving that experience.

Retail mobile commerce sales could greatly benefit from the reduction of that friction. Some retailers are looking into options such as payment card information capture through the device camera, for example.

Mobile commerce security not as important as convenience for holiday shoppers

A Trustlook survey showed that consumers will ignore certain risks in exchange for easy shopping.

Mobile commerce security is an important issue this holiday season. Seventy one percent of smartphone owners plan to use their mobile devices to help them along some point of the shopping journey.

Trustlook has recently released a survey with results from which it has made its holiday predictions.

The Trustlook survey focused on smartphone users with Android phones. The goal was to accurately forecast consumer behaviors throughout the holiday shopping season this year. What they found was that 40 percent of the survey participants actually prefer shopping over smartphones. This despite the mobile commerce security concerns that have been holding back the channel’s adoption.

Mobile Commerce Security - Shopping via smartphoneAnother 18 percent of the survey participants said that their preference was to shop in-store during the holidays. The results revealed that 43 percent of smartphone users will be making over $250 in purchases over their devices. The top m-commerce apps were identified as Amazon, eBay and Walmart.

That said, shoppers haven’t taken adequate mobile commerce security steps to protect themselves.

Even though 70.35 percent of participants in the survey said they planned to make a purchase over a smartphone or tablet, they were not protecting their personal and financial data. In fact, a wide majority of people hadn’t even installed security software. Sixty four percent of survey respondents did not have a mobile security app installed on their device.

Trustlook CEO, Zllan Zhang, said “Mobile shoppers need to be more cautious than ever,” adding that “This risk isn’t going away as mobile shopping activity ramps up.”

This is an interesting finding as concerns over mobile security have been among the top cited reasons that people have held off shopping over smartphones. It appears that there is a growing group of people who are moving ahead with smartphone based shopping regardless of that potential issue.

The hope from security firms is that if consumers are willing to ignore the mobile commerce security risk, they will at least take more steps to protect themselves. There are several small steps such as security apps that can help to keep sensitive data safer.