Author: BWild

Tablet commerce becoming a breakout phenomenon

 

Tablet CommerceTablet commerce finding traction during the holidays

Mobile shopping is nothing new, dating back to 1997 with Wireless Application Protocol sites, those that facilitate access to information over a mobile wireless network. Throughout the years, mobile shopping has evolved to become something that is wildly popular among tech-savvy consumers. This is becoming especially true for tablet users, who are beginning to represent a sizeable share of the mobile consumer base. Deloitte, a UK-based consulting firm, as well as several other market research firms, expects that tablet commerce will  see a great deal of attention during this year’s holiday season.

Consumers becoming more interested in tablet commerce

Tablet commerce is a form of mobile commerce that refers specifically to the use of tablet devices, such as the iPad. Tablets are becoming more popular among consumers because of their wider range of capabilities, which trump most conventional smart phones. This is especially true in the publishing space, where magazines, newspapers, and other publications are seeing a great deal of growth through the offering of digital editions designed specifically for tablets.

Forecasts predict tablets to account for major financial activity during Christmas season

Deloitte predicts that more than $400 million in sales will be made in the United Kingdom directly through smart phones during the Christmas season. Tablet commerce is expected to perform much better, with Deloitte forecasting more than $550 million in sales coming directly from tablets. Adobe’s Digital Index 2012 Online Shopping Forecast predicts that tablets will account for nearly 8% of all sales made in the United Kingdom during the Christmas season this year, up from the 3% share they held in the same period of 2011.

UK retailers beginning to take mobile commerce more seriously

British retailers are showing more serious interest in mobile shopping for tablets as well. Retailers are beginning to develop services that are specifically designed for tablet devices, rather than smart phones. Applications for tablets are becoming much more common and could help influence more shopping activity among mobile consumers that are interested in using their mobile devices to find and pay for products than participate in traditional forms of commerce and shopping.

Mobile commerce report highlights trends among retailers

 

mobile commerce retail reportMobile commerce becoming more important for the retail industry

The mobile space is becoming increasingly important for the retail industry. A growing number of consumers are beginning to rely more heavily on their mobile devices in order to shop and make purchases. It can be very difficult for retailers to reach out to these consumers through traditional websites and platforms, however, hence the need for sites that are optimized for viewing on mobile devices. A new report from digital marketing firm Acquity Group shows that retailers are beginning to take mobile consumers and mobile commerce more seriously.

Report shows that mobile sites are common with retailers

According to the report, approximately 82% of the top retailers in the world have websites that are optimized for mobile viewing. These sites are ideal for mobile consumers who use a smart phone or tablet in their daily lives. The report also shows that 72% of these retailers also have mobile applications associated with their business. Many of these applications are simply used to make shopping more convenient for consumers and provide them with a way to find more information on particular products they may be interested in. Some of these applications geared toward mobile commerce, facilitating payments for goods via a mobile device.

E-commerce platforms may not be mobile-friendly

Most brands received praise in the report for their various e-commerce initiatives. E-commerce sites appear to be a major success across the board for most of the world’s largest retailers. These sites allow retailers to sell products online, as well as accept payments from consumers all over the world. While the report shows that many of the e-commerce platforms that retailers use are reaching consumers in an effective way, these platforms are much less accommodating to mobile consumers. Many e-commerce platforms are not optimized for mobile service, thus it can be difficult for mobile consumers to make in-store purchases or simply buy products using their mobile device.

Mobile commerce becoming more synonymous with e-commerce

Mobile commerce and e-commerce are quickly becoming a singular channel. In the past, the two had been markedly separate, especially due to the fact that mobile commerce is a relatively new concept. As more consumers become integrated with their mobile devices, retailers are beginning to face a need to become more accommodating of the needs and interests of these consumers.