Author: Rebecca

Mobile commerce from eBay receives considerable confidence from analysts

ebay mobile commerceThe massive online marketplace is demonstrating a continuing upward momentum on smartphones and tablets.

Analysts are discovering that the mobile commerce performance of some of the original players in the smartphone and tablet shopping channels – such as eBay Inc. – are among the top performing locations and that they are now ready to continue the growth they have established.

It is also among these companies that the most established data is available regarding individual performance.

According to Michael Graham, an analyst from Canaccord Genuity, in a letter that went out to clients “E-commerce should continue to grow in the mid-teens as online shopping models become more useful, more efficient and more mobile, and eBay has positioned itself well against this opportunity.”

Analysts are bullish about the positioning that eBay has established in the mobile commerce environment.

Similar to Mr. Graham, Colin Gillis, an analyst from BGC Partners has identified the online marketplace as his top exposure to e-commerce pick for this year. He even issued a statement in the form of haiku that indicated his belief that mobile commerce could lead eBay’s value to one day exceed that of Amazon.

Graham also pointed out that from his company’s perspective, that “We believe eBay’s fundamental outlook is stable and could improve further over the course of 2013”. He explained that the gross merchandise volume (GMV) year over year from eBay has been consistently accelerating. This is because of a number of new and active users. He feels that a rapidly growing number of people are finding at eBay is useful, and that this is “likely driven by mobile”.

Gillis also took the opportunity to point out the value of mcommerce at eBay. In fact, he expressed that his company feels that the online auction site has “the strongest suite of offering for mobile commerce between its PayPal and its marketplace businesses.” He added that nearly one third of all purchases that are made at eBay are done from a smartphone or tablet device. Moreover, its estimates show that it will likely have processed more than $10 billion in mobile payments in the last year.

Mobile commerce app makes it easier for MTA Commuters in New York City

Mobile Commerce New York SubwayPeople taking the subway in the Big Apple will find it easier with the use of their smartphones.

This year is off to a promising start for mobile commerce in New York City, where a new app has been created to help with some of the major changes that are happening to the public transportation system there.

The Metropolitan Transit Authority s releasing a helpful iOS app to assist riders with their trips.

It has been announced by the Metropolitan Transit Authority (MTS) that it is now going mobile with a brand new app designed for Apple device users such as iPhones. This lets those smartphone users who take one of seven train lines plan their trips in a way that is more detailed that has ever been made possible before.

This mobile commerce application from the MTS is meant to make a tremendous difference in the use of the system.

It is the first of its nature for the largest system of subway trains in the United States. The mobile commerce application uses data regarding the location of the trains to help to provide commuters with exceptionally specific and accurate details. This includes arrival times that are right up to the minute,

At the moment, this mobile commerce feature is available only on 7 out of the 24 total subway lines in New York City. However, many speculate that if this app proves to be popular and successful, then it will be expanded for use in the other lines, as well. This would likely be a gradual process.

The seven lines for which there is data through the mobile commerce app are “updated signals yoked to centralized computers able to transmit location and speed data for every train in motion,” said the Wall Street Journal.

This is precisely what is required to be able to obtain this type of information for a live mobile commerce app, but it has come with quite a price tag for the MTA. According to the authority, the new signals installation came with a cost of over $228 million, which will be stretched over a period of 11 years. The MTA also pointed out that an Android and Windows Phone edition of the application will also be released soon.