Tag: twitter mobile commerce

Twitter may be ready for mobile commerce

Leaked documents suggest that Twitter is looking to establish itself in mobile shopping

Twitter may be preparing to jump into the mobile commerce game. According to leaked documents obtained by the UK Telegraph, the social network may soon make it possible for its 232 million users to purchase products directly from their mobile devices. The documents suggest that the service would be called Twitter Commerce, but there are not indications when this service would be made available for certain. Moreover, the leaked documents cannot necessarily be considered accurate and they could be nothing more than simple rumors.Twitter and Mobile Commerce

Documents imply that Twitter has partnered with Fancy

The leaked documents suggest that the social network’s mobile commerce endeavors will come to fruition through a partnership with Fancy, an e-commerce merchant. Fancy counts Jack Dorsey, Twitter’s founder, as one of its prominent investors and board members. While this does not indicate Twitter’s absolute interest in mobile shopping, it does help establish a solid connection between the social network and Fancy. The leaked documents show mock-ups concerning how Twitter users would purchase products directly from product tweets that include a button that says “buy with Fancy.”

Twitter retains a strong focus on the mobile sector

Twitter has a strong interest in the mobile sector, but not necessarily commerce. The social network has done little in the way of directly supporting mobile payments and shopping, but Twitter has been working on ways to monetize its mobile interests. Facebook recently discovered the benefits of mobile commerce and how to integrate mobile shopping into its network and Twitter may soon follow suit. Indeed, this may be the beginning of a new trend in social media, wherein social networks begin to play a bigger role in the commerce space.

Mobile competition is already fierce

While Twitter may show an interest in mobile commerce, it will have to find a way to compete with organizations that already have a strong presence in that sector. The commerce space is awash with competition from various small firms and some large companies, including Google. Apple is rumored to be looking to enter into the mobile commerce space as well, which will add further competition to the crowded field.

Mobile commerce embraced by Twitter

mobile commerce twitter amexTwitter takes aims at mobile commerce with the help of American Express

Twitter is one of the world’s most used social networks. The network boasts of a highly active user base, which has afforded the company significant success in the world of business. Twitter has reportedly been looking for new ways to generate revenue. Such reports seem to have been true as the social network has entered into a partnership with American Express. The partnership will be focused on introducing e-commerce and mobile commerce elements into Twitter.

Mobile user base adds momentum to Twitter’s initiative in e-commerce

Twitter has been showing a strong interest in e-commerce in recent months. The massive number of users that access Twitter through their mobile devices has also piqued the company’s interest in mobile commerce. The company sees major potential in this field and has turned to American Express to help it tap into the burgeoning mobile commerce market that has been successful for other companies.

Users will be able to purchase products by posting to Twitter

Per the partnership, American Express customers will be able to associate their credit card numbers with their Twitter accounts. This will allow consumers to make purchases by simply posting to Twitter. This initiative will be introduced over the next few days, with Twitter users able to purchase products from American Express itself, as well as Amazon and products from Donna Karan. Because Twitter’s primary demographic is mobile consumers, the move is expected to help establish the social network’s presence in the mobile commerce space.

Success of new initiative has yet to be seen

This is not the first time American Express has introduced a mobile commerce element to a social network. Last year, the financial services company partnered with Foursquare for a similar initiative. Twitter expects to see significant benefits from its adoption of mobile commerce and suggests that there will be major marketing opportunities for businesses using the social network due to the new partnership. Whether consumers will respond well to the mobile commerce services that Twitter is adopted has yet to be seen.