Tag: holiday shopping

This year’s predictions about the way consumers will be shopping over smartphones are out.

Even though smartphone payments have yet to be used by mainstream consumers, this year, mobile commerce is definitely going to be a central part of the holiday shopping experience, if the results of a Deloitte study are accurate.

Consumers will be using m-commerce for virtually every part of their holiday shopping experiences.

Although the main ideas associated with mobile commerce are typically the actual purchase of products and services, it involves a great deal more than that, and it is in those broader reaches of the concept that consumers are most interested. Regardless of where the final sale actually takes place, the smartphone is often a contributor to the rest of the journey. For instance, Deloitte’s survey showed that a considerable 78 percent of consumers plan to use their smartphones at some point during the shopping process, this holiday season. Moreover, 72 percent plan to use their tablets as a part of their shopping process.

Mobile commerce habits expected to be taken on by holiday shoppers include everything from scanning barcodes to buying.

This thirtieth annual Deloitte holiday survey involved the participation of 4,000 American consumers. Though the study was commissioned by Deloitte, the final report did not actually mention which firm was hired to conduct the research. Moreover, it did not identify the methods used for selecting the respondents.

That said, the results with regards to the way the participants intended to use their smartphones for m-commerce purposes this holiday season included the following:

• Find store locations – 60 percent
• Price comparisons – 55 percent
• Browsing and “window shopping” online – 50 percent
• Product review reading – 46 percent
• Finding and using coupons and discounts – 45 percent
• Product description reading – 45 percent
• Product inventory checking at sites and stores – 43 percent
• Purchasing a product online – 41 percent
• Consulting social networks – 39 percent
• SMS for exclusive deals from retailers – 33 percent
• Scanning product barcodes for more info – 27 percent

It’s clear from this mobile commerce study that consumers are involving the use of their smartphones and tablets at every stage of the shopping process from product discovery to finding the best place to buy it, locating better prices, informing themselves and actually making the purchase.

Consumers in the United Kingdom will spend an estimated £2.3 billion making purchases on smartphones and tablets.

Recent statistics released by a forecast from Adobe have shown that shoppers in the United Kingdom will be using mobile commerce this year more than ever before when it comes to buying everything they need for their Christmas celebrations.

The prediction from the forecast is that m-commerce will comprise 23 percent of all online holiday shopping.

That percentage will mean that about £2.3 billion of holiday purchases in the United Kingdom will have been made over mobile commerce, this year. The Adobe study predicts that sales overall will also increase by 7 percent when compared to last year, bringing the total to a hefty £17.7 billion. Online shopping will make up about 57 percent of that total figure. The U.K. will also experience the largest one-day shopping peak online when compared to all European countries. The prediction is that “Black Friday” on November 27 will generate £474 in online sales. The average spending across the country will be £8.06 per person on that one day.

The portion of the spending that will occur over mobile commerce has never been higher in the U.K.

Mark Zablan, the president of Adobe EMEA, said that “This year’s report once again underscores the importance of the Christmas shopping season as a driver for eCommerce across Europe, giving consumers the ability to take advantage of low prices, retailer offers and product variety without battling crowds on the High Street.”

That said, Zablan also pointed out that consumers are looking for more than a great deal. The Adobe report underscored the importance of being able to obtain access to product reviews in order to make their buying choices. Social media is also expected to continue to play a vital role in the decision making process for Christmas present shopping.

He indicated that European retailers will want to pay close attention to those insights, as it means that they will need to go beyond simply advertising that they have the best deals. They will be required to “create meaningful opportunities to engage with consumers throughout the customer journey that will drive them to the point of purchase.” In that effort, Zablan said that social media will be a central mobile commerce player.