Tag: t commerce

T-commerce generates 3 out of every 4 conversions

T-Commerce RetailA recent study from SeeWhy has shown that 75 percent of mobile purchases are made by tablet users.

SeeWhy Inc. has released the results of its latest research, which have shown that over mobile, 75 percent of conversions come from t-commerce, whereas only the remaining 25 percent come from smartphone shoppers.

The marketing vendor suggests that this will make it important for retailers to retarget their mobile strategies.

The SeeWhy study included the examination of 21 million unique transactions that occurred through its approximately 2,500 retailer clients. Furthermore, this data was supported by an additional survey held by the firm, which included the participation of 11,616 American adult consumers.

The mobile and t-commerce survey asked participants regarding their purchasing behaviors.

What it found from the results of both different studies, was that mobile has a definite split in the types of consumers that it provides: smartphone and t-commerce. This, according to the chief strategy officer and founder of SeeWhy, Charles Nicholls. He explained that “What people do with a smartphone is fundamentally different than what they do with a tablet.”

Nicholls also pointed out that “There are three times more conversions on tablets than smartphones. Tablets are where the action is.” For that reason, the survey results suggest that retailers and other merchants may consider shifting their focus to help to make themselves more appealing specifically over t-commerce.

In order to identify the smartphone and t-commerce patterns, the company examined the daily conversion activities over mobile devices. It found that throughout the day, the activity over smartphones was relatively static, and that there wasn’t much of a pattern to be observed. However, it noted that this was strikingly different in the case of tablets.

Nichols pointed out that the activity over t-commerce experiences a strong variance throughout the day. He said that in the evening, as people get home from work, the conversion rates spike considerably. While smartphones are used all day long, tablets are “a recreational device.” This helps to explain why the survey conducted by SeeWhy showed that 56 percent of tablet owners use their devices most frequently at home.

Tablet commerce is undergoing explosive growth

These mobile devices are giving PCs a run for their money in terms of the increase in their use.

The latest tablet commerce projections have just been released by Gartner, which have revealed that the smaller handheld devices are exploding in popularity and that they may overtake laptops and desktops.

The trend has indicated that the current growth in sales is not showing any indication of slowing for several years.

At the same time, while tablet commerce is expected to grow very rapidly and continue to do so for at least several years, it is unlikely that they will become the device of choice for taking on tasks requiring greater productivity. This would require them to be equipped with peripherals and monitors, to the point that they would more closely resemble desktops and laptops than their actual tablet form.

The Gartner report is crediting the lower priced devices with the rapid growth of tablet commerce.

With the falling prices and the fact that they are relatively new to the market, they are expected to overtake PCs – which are already well established and are typically being replaced as opposed to being purchased for the first time – within the next five years.

Experts in the industry are cautioning people not to misinterpret these predictions. While it does look as though tablets and smartphones could start shipping at a rate of 2.4 billion units worldwide this year – an increase of 9 percent over last year – it doesn’t mean that the laptop has seen its day. These devices are all being used for their own unique purposes, and their affordability means that the increasingly tech savvy consumer is purchasing multiple devices as opposed to selecting one over all of the others.

This does, however, represent a meaningful shift in the way that people can shop. It means that they will have a multitude of different devices available to them when they decide to research or even purchase a product or service. For this reason, the rapid growth of tablet commerce will likely becoming increasingly important to retailers and other merchants who wish to maintain their competitive edge by providing consumers the experience that they are seeking and expecting.

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