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Author: Dan Gendro

Mobile commerce may be dangerous during the holidays

 

mobile commerce holiday shoppingHoliday shopping season highlights dangers of mobile commerce

The holiday season has only just begun, but mobile commerce is already experiencing major success. Consumers are flocking to the concept of using their mobile devices to make purchases and shop for products. Indeed, mobile commerce had a powerful showing on Thanksgiving day and Black Friday, accounting for billions worth of sales. Though consumers have shown major interest in mobile commerce, they may be making some simple mistakes that could be putting their financial information at risk.

Consumers warned to be cautious in December

Connecticut’s Department of Consumer Protection notes that more consumers are making use of their mobile devices to make holiday shopping more convenient. These consumers could be at risk of falling victim to scams and hacking attempts, if they are not careful. The agency has issued a warning to holiday shoppers to be careful during December in an effort to ensure consumers take adequate steps to protect themselves.

Scams can easily take advantage of unaware consumers

The agency suggests that a growing number of mobile e-commerce scams could be putting consumers at risk of exploitation. Such scams are relatively common during the holiday season, but e-commerce and mobile commerce platforms are ideal disguises for such fraudulent activities. The Department of Consumer Protection suggests that it can be easy for some consumers to miss the signs of a scam during the holiday season because they are distracted. Moreover, malicious mobile sites could house malware that can infect a mobile device and leave a consumer’s financial information exposed.

Mobile apps could help protect devices from attacks

The growing popularity of mobile commerce may raise awareness of the security precautions that consumers can take to protect themselves. There are several anti-virus and anti-malware applications available for both Android and iOS platforms that can protect a device from malicious attacks. These applications do not mitigate scams, however, so consumers are advised to pay close attention to the mobile commerce and e-commerce platforms they choose to use during the holiday season.

Branding Brand highlights the performance of mobile commerce

 

Branding Brand survey shows mobile commerce performance on Black Friday

Branding Brand, a leading mobilMobile Commerce Branding Brand Surveye commerce platform used within the retail industry, has announced the results of its Mobile Commerce Index for Black Friday survey. The survey is meant to highlight the performance of mobile commerce amongst consumers on the most important day of the year for the retail industry: Black Friday. The survey shows that mobile commerce was largely successful in boosting the mobile sales within the retail industry by a significant margin.

Mobile sales up 128%

The survey accounts for 66 mobile sites developed by Branding Brand for retailers participating in mobile commerce. These retailers span a wide variety of industries and has shown a great deal of interest in engaging mobile consumers, identifying these consumers as a major opportunity for growth. The survey shows that mobile sales on Black Friday grew by 128% over what they had been in the previous year. Mobile traffic also grew by 101% over the level they had been in 2011.

Most consumers used iOS devices for mobile commerce

Branding Brand suggests that mobile commerce has played a major role in this year’s holiday season, as far as the retail industry is concerned. The survey shows that most consumers made use of iOS devices to access e-commerce sites. Android devices, especially those equipped with NFC technology, were still used and were largely responsible for purchases made within physical stores from an actual mobile device. The iOS platform does not currently support NFC technology.

Retailers may be inclined to support mobile commerce

Mobile commerce had been expected to play a significant role for the retail industry during Black Friday. Branding Brand suggests that this is the case and that the retail industry has now been shown evidence of the capabilities of mobile commerce. With Black Friday leaving many retailers in a positive financial position for the remained of the fiscal year, they may be inclined to invest more support into mobile commerce for the future.