Tag: criteo

Multiple devices are now involved in the mobile commerce process

Criteo report shows that cross-device is becoming the norm in the retail space

Criteo has released its latest report concerning mobile transactions, called Q3 2015 State of Mobile Commerce Report. The report has found that multiple devices are now in play during the entirety of a consumer’s purchasing process. E-commerce has been quite popular among consumers for many years, but more people are beginning to use their mobile devices to shop online, rather than rely solely on retail websites that they access from their conventional computers.

Approximately 50% of e-commerce transactions now involve more than one device

According to the report, 50% of e-commerce transactions throughout the world now involve more than one device. Cross-device has now become the standard in the e-commerce space, with consumers browsing for products that they are interested in on various platforms, including laptops, tablets, smartphones, and PCs. In order for retailers to find success in the mobile commerce space, they will also have to focus more heavily on cross-device support in order to provide an enjoyable shopping experience that will ensure that consumers will continue to shop on their platforms.

Apps are proving successful for retailers involved in mobile commerce

Mobile Commerce Process - Multiple DevicesThe report has also found that applications are one of the best ways for retailers to engage consumers. According to the report, brands that prioritize apps as their key revenue driver have seen their profits surge recently. These retailers have found significant success in the mobile commerce space with their applications, as they have served as an effective way to ensure that consumers can shop in a convenient manner. The report has also found that consumers prefer tablets when it comes to mobile shopping, as these devices offer a more enjoyable shopping experience.

Japan and UK lead in mobile commerce growth

The report from Criteo shows that the global mobile commerce market continues to grow. According to the report, mobile commerce now represents 35% of all e-commerce transactions made throughout the world. Japan is a leader in terms of mobile shopping, with the United Kingdom falling into second place. Cross-device purchases represents 49% of the e-commerce transactions in the UK.

Mobile commerce transactions continue to grow

Consumers prefer to shop from multiple devices

More people are starting to use their mobile devices to make purchases, according to a new report from Criteo. The report draws on analysis of 1.4 billion transactions made in 3,000 online, retail, and travel businesses. Notably, most consumers prefer to use a variety of different devices to do their shopping, but a growing number of people are beginning to use their smartphones to shop online and in physical stores.

Report shows that consumers prefer to shop for products on tablet devices

The report found that cross-device purchasing accounts for 40% of all transactions being made in the retail space. Of those purchasing on multiple platforms, 41% of these purchasing are being done on mobile devices, while 37% of these purchases are being completed with a desktop. Tablets are proving to be more popular than smartphones when it comes to mobile commerce, as the report shows that 43% of purchases are being made on these platforms. Consumers appear to favor tablets because they offer a more enjoyable and convenient shopping experience.

Retailers continue to look for effective ways to engage mobile consumers

Mobile Commerce Transaction GrowthRetailers are finding it difficult to effectively engage mobile consumers. Providing consumers with an enjoyable mobile experience has proven challenging and retailers have yet to find an effective service that can meet their needs. Retailers may have to focus on improving the mobile shopping experience by optimizing their websites to be more mobile friendly. They may also benefit from launching applications that support mobile commerce.

Mobile commerce may eventually become the favored way for people to purchase products that they are interested in

While mobile commerce has begun to grow aggressively, traditional transactions are still significantly higher. Consumers continue to favor using physical currency and payment cards to make their purchases and have expressed some concern over the security of mobile commerce. As mobile payment services become more secure, the behavior of consumers is expected to change, with more people opting to use their mobile devices to shop for and purchase products, both online and off.