Author: Julie Campbell

Mcommerce strategy considered vital for high-end businesses, report

Mobile Commerce ReportA recent study has shown that affluent consumers use their smartphones to make purchasing decisions.

The results of the research performed by Unity Marketing have now been released and are indicating that merchants targeting high-end customers will want to make a priority of their mcommerce offerings, as over 50 percent of these affluent shoppers use their smartphones to make purchasing decisions.

This represents a doubling over 2011, when only 25 percent of this market was using mobile for this reason.

The report, which was entitled Affluents Online, pointed out that businesses with a target market of wealthy consumers had best create mcommerce websites that are engaging, sticky, and robust, in addition to a strong social media strategy and mobile platform. This effort should, says the report, be considered a necessity, and should no longer be thought to be a convenient option.

High-end shoppers have reached a full integration of mcommerce and online activities into their daily lives.

The report showed that the luxurious lifestyle to which these consumers have become accustomed is steadily increasing the use of mcommerce for various parts of the shopping process. This includes everything from informing themselves regarding products, stores, and brands, and actually making the purchases themselves.

The Affluents Online report was based on a study of nearly one thousand wealthy shoppers. The average income of the respondents was $248,900. The researchers discovered that within this group, 98 percent of the respondents had used the internet for shopping purposes and had made at least one purchase within the 3 month term of the study. On average, the online spending for high-end purchases was $3,702. The average time spent shopping was 5 hours every week.

According to the study’s lead researcher and the president of Unity Marketing, Pam Danziger, affluent consumers had not changed their online habits of paying bills, making dining reservations, making travel bookings, researching purchases, and actually buying goods and services over the twelve months previous to the study. The primary – and quite notable – difference was the shift toward mcommerce, as those consumers used their smartphones and tablets instead of their laptops and desktops.

Mobile marketing with retail coupons is a hit with consumers

Mobile Marketing Retail CouponsThis technique is proving to be highly successful for advertisers targeting shoppers with smartphones.

Major retailers have been boosting their mobile marketing efforts and, among them, coupons directed at smartphone users have been rapidly rising to the top of the priority lists as consumers show that they love them.

These new forms of discounts appear to be taking over where daily deal giants have left off.

Discount coupons are now being worked into mobile marketing on virtually every level. As a result, consumers are now searching for them before they make many different kinds of purchases through their computers and their smartphones and tablets. This is changing the commerce environment, as these shoppers aren’t just limited to the searches when they’re at home on their PCs, but can perform their queries while they’re within the walls of a store.

This has helped to further the use of “showrooming” which has become a central element of mobile marketing.

Though showrooming was once seen as a nightmare for retailers, they are slowly starting to embrace the behavior as an opportunity for mobile marketing. Instead of trying to fight it off entirely, it is a matter of proper use.

According to the RetailMeNot Inc. senior vice president of external affairs, John Faith, “retailers have an opportunity to combat showrooming by reaching those consumers when they are engaged and ready to make a purchase.” While there is no way to stop consumers from showrooming, the trick to effective mobile marketing is to make sure that the end result of the behavior is a purchase from their own store.

Smartphone friendly coupons can help to improve the appeal of shopping within the store as opposed to seeking out an alternative at a competing retailer. Companies are using this form of mobile marketing to embrace the fact that consumers are going to use their devices in store to find a better deal. The key that they can provide is to make sure that this “better deal” remains the in store purchase.

These claims from Faith have been supported by the latest comScore data, which shows that retail is the second most rapidly growing category for mobile marketing with coupons.