Author: Rebecca

Although the smartphone and tablet based shopping and advertising experience remains small, it is growing fast.

Mobile marketing and commerce are already growing at an explosive rate, but they remain a small fraction of the overall online space, except when it comes to couponing, which is clearly reaching mainstream levels.

This technique for advertising is driving revenues and is sending foot traffic back into stores.

Trends in mobile marketing are developing extremely fast, as end of year totals look nothing like what they had been at the beginning of the same year. Now, with the holiday shopping season once again approaching, retailers are looking to take advantage of the smartphone and tablet marketplace, particularly in areas that have become the most popular. That easily includes couponing.

A recent BI Intelligence report revealed that coupons, as well as catalogs, are leading the way in mobile marketing.

The report showed that among grocery stores, 41 percent are using mobile marketing couponing techniques, with the same percentage of department stores offering coupons for smartphone and tablet users, as well. Thirty nine percent of clothing stores were doing so, while electronics stores were using mobile coupons in only 29 percent of the cases (which is surprising, considering that they often sell those devices and gadgets in the first place). Finally, 26 percent of mass merchandisers were found to take part in this technique.

The role of coupons in mobile marketing is not only becoming increasingly popular, but the report has indicated that its importance is growing, as well, and that it will continue to do so. This is because the number of American smartphone owners who use these coupons has exploded. In 2010, 7.4 million Americans were using them, and by the end of last year, a tremendous 29.5 million Americans reported using them. By the year 2014’s end, the report has predicted that this will have continued to skyrocket and will reach 47.1 million people in the United States, alone.

Moreover, the report also indicated that among the mobile marketing coupons that were distributed, there was a far greater redemption rate over this channel than there had been at the same time with print coupons.

UniCredit and First Data are now conducting a pilot of their first smartphone based transaction solution.

The Italian bank called UniCredit has entered into a partnership with First Data in order to test a new mobile payments service that will be based on the scanning of QR codes.

The pilot is now officially underway and the companies await the first data to gauge its successes.

The testing of the service has already begun, and is using the Mobile Gateway from First Data in order to both generate and to exchange the QR codes required for the mobile payments system transactions between customers and merchants. According to First Data, this system provides the customer and the merchant with a number of different benefits.

The QR codes based system allows for a higher level of security and a lower number of risks per transaction.

By scanning QR codes, it takes out the risks that are connected with having to enter credit card details for making mobile payments. At the same time, First Data also stated that this type of system makes it possible to take advantage of value enhanced service applications, such as offers, coupons, tickets, and paying bills.

The pilot for the system using the QR codes is now underway as the first of a number of different mobile payments services upon which the partnered companies have already agreed to embark. They will be working together in a number of different markets around the globe in order to introduce these new smartphone based services.

According to the First Data president of international regions, John Elkins, “UniCredit has recognized the opportunities that Universal Commerce offers and we are delighted to be working with it to make this a reality for its international customer base.”

There have been a number of different mobile payments services that have already been introduced around the world that currently use QR codes as the method of completing the transaction. Among the most famous for its successes is the system that was implemented by the Starbucks chain of cafes. Its achievements have become a solid example of the possibilities that the technology has to offer.