Author: Dan Gendro

Wearable technology will start to take off in the U.K. by 2017

A recent survey has shown that while Brits aren’t on board yet with wearables, the time is coming.

There are few who would disagree that wearable technology is now on its way, as its popularity is starting to rise and a growing number of people are becoming interested in what these gadgets could have to offer them in the future.

As the products improve their features as well as their appearance, wearables have been able to boost their appeal.

Wearable technology came into the marketplace all in a big wave, but while the first impression of these devices may not have been the best one, they are starting to sway consumers with improvements to their tech and as they grow more stylish. As designers of these gadgets gain a better understanding of what consumers actually want, how to make the devices practical, and what people are willing to actually wear, tech has been improving in a way that is starting to convince people to actually buy.

While consumers aren’t quite ready to make wearable technology mainstream, that time is close.

Wearable Technology to take off in the UKNew research commissioned by Currys PC World has revealed that among Britain’s 18 to 65 year olds, there will be 17 million people using wearables by 2017. That company has revealed that its increases in sales in that category have shot up by 710 percent when compared to the same time last year. Clearly, they are not simply drawing their predictions out of the air.

The growth was greatly credited to the release of Android Wear, and it is expected that when the Apple Watch actually launches within the next couple of months, it will spike even further. That said, keeping on top of the trends and grabbing up the top brand names are not the only drivers behind the willingness of consumers to make a purchase. The fact that these gadgets are increasingly useful and practical is becoming very convincing.

The Currys PC World report was based on a survey of 1068 people. Among them 39 percent said that their top reason for being interested in wearable technology was for health and fitness improvements. Primarily, they wanted to track calories (39 percent), track daily activity levels (36 percent), and monitor heart rate (35 percent). All of these tracking capabilities are available in even some of the most inexpensive wearables that are currently available.

American mobile commerce can benefit from consumer engagement behaviors

Gartner has recently released a prediction that says that revenue will be driven by smartphone based behavior.

The Gartner research firm has released a forecast that stated that by 2017, the engagement behaviors of smartphone users will have a powerful impact on mobile commerce revenue, sending it to reach 50 percent of the online shopping incomes generated in the United States.

This is an important and significant growth, considering that the current figure is 22 percent.

According to Gartner research director, Jennifer Polk, “Some sectors will migrate more quickly than others to accepting mobile payments and promoting mobile commerce.” She also went on to provide the example to illustrate her point, saying that big-box stores might not need to move as rapidly as stores in other industries, since they can still fall back on their in-store experience, which remains “a critical part of their value proposition and the customer experience, making digital and mobile commerce a smaller portion of their overall revenue.”

Certain industries must clearly work harder to focus on mobile commerce than others.

Mobile Commerce AmericaThat said, Polk added that new standards for credit cards will lead to a liability shift when it comes to cases of fraud, this year. This will make it important for retailers to adapt their point of sale systems for credit card transactions that are more secure. “This opens the door for point-of-updates to also accept mobile payment,” said Polk.

Gartner explained that marketers with mobile commerce and digital shopping initiatives must concentrate on building cross-functional teams, such as in sales, IT, legal, and customer support. This will make it possible to form a seamless experience throughout the length of the purchasing process in addition to the relationships with customers that can develop following a sale.

The Gartner statement expressed that if mobile marketing teams look into ways to better leverage wallet apps with a focus on revitalizing the interest that consumers have in mobile commerce as well as smartphone based payment transactions. Furthermore, the research firm said that by the close of next year, over $2 billion in e-shopping will have been generated only over smartphones or tablets.