Tag: mobile commerce europe

The results of a PayPal study are suggesting that people are smartphone shopping trends are quite similar.

PayPal, the online payments giant, has released the results of a recent study on mobile commerce, which showed that the use of smartphones and tablets for shopping in Russia is almost popular as this trend in Europe.

The results of the study were put out in a PayPal press release which compared the mobile shopping trends.

According to the head of PayPal Russia, Vladimir Malyugin, “Russian internet users are no different from other consumers in the major e-commerce markets, and they are increasingly using [mobile devices] to purchase goods and make payments — it’s faster and more convenient.” The survey was conducted in conjunction with Ipsos, a market research service. It looked into the behaviors of 17,500 consumers throughout 22 different countries, in terms of their shopping behaviors. Among those respondents were 793 people who resided in Russia, as of October of last year.

The research found that mobile commerce was used by Russians for an average of 2.6 purchses per month.

In Western Europe, the average number of purchases per month was quite similar, at three. When it came to sales completed specifically by way of tablets, Western Europe was only just slightly ahead of Russia, at 2.4 sales per month, compared to 2.38 sales per month, respectively, said the report.

Furthermore, the users of mobile devices in Russia were willing to purchase a broader range of different types of product and service when using those gadgets. Among smartphone owners, 25 percent said that they would be willing to purchase something within a brick and mortar store through the use of their device. Another 22 percent said that they would be willing to make reservations, or that they would order a meal ahead of their arrival, through their smartphone.

As a part of the mobile commerce trend as a whole, using smartphones to complete payments transactions was also appealing to many Russians. In 2010, mobile payments represented only 1 percent of the full e-commerce market in the country, whereas last year, that figure had made it to 20 percent, said the report.

The holidays add more momentum to mobile commerce

Consumers in Europe may be getting a head start on their holiday shopping. Many people have been flooding retail sites on their mobile devices in order to get some of their holiday shopping done early. While retailers have not yet begun to provide the special offers that have become common for the holidays, many of these companies are offering some special discounts to those that participate in mobile commerce. A new report from Adobe predicts that mobile commerce will have a major impact on this year’s holiday season.

Report highlights the growth of mobile sales and online traffic

According to the Adobe Digital Index 2013 Online Shopping Forecast, approximately 12.4% of all online sales in eleven European countries are expected to come from smartphones and tablets. This is a 68% increase over what had been reported in the previous year. Smartphones are expected to be the platform through which the majority of mobile sales are made, with tablets following closely behind. The report suggests that December 9, 2013, will be the highest grossing online shopping day, with the following week being the highest grossing week for retailers in Europe.

Consumers favor convenience of mobile commerce

Mobile commerce is cited as one of the caused behind this growth in online sales and online retail traffic. Consumers have become enthralled with the concept of mobile commerce because of the convenience that it represents. Mobile shopping allows consumers to avoid visiting physical stores, thereby avoiding crowds and expediting the shopping experience. Mobile commerce has proven so convenient that many consumers are opting to get their shopping done before the holidays even begin. These people are willing to forgo the special deals being offered by retailers during the holiday season in order to get their shopping done ahead of time.

Retailers continue to bolster their mobile platforms

Mobile commerce is expected to have a prominent impact on the retail industries in Austria, France, Germany, Denmark, and the United Kingdom, as well as other countries. The 2012 holiday season showcased the power that mobile commerce has over consumers, and retailers have spent much of 2013 preparing their mobile platforms in order to take advantage of the continued growth of mobile commerce among consumers.