Category: Featured News

Digital commerce becoming more important

 

mobile digital commerceDigital commerce is quickly becoming a major factor for businesses all over the world

Digital commerce (mobile, social, etc.) is becoming a major factor in the world of business. Several industries are seeing the impact of digital commerce and are working to appeal to consumers with smart phones and other mobile devices. Indeed, digital commerce is expected to become a major part of engagement strategies for businesses that want to stay relevant with tech-savvy consumers. Thomas Idea, a leading interactive agency, suggests that companies all over the world will have to adopt digital commerce or risk being left behind by consumers that are becoming more reliant on mobile technology.

Thomas Idea takes note of the digital commerce trend

Thomas Idea has seen the trend of digital commerce gain significant momentum over the past year and believes that this momentum will only continue to grow into the future. The agency notes that one of the most promising sectors of the digital commerce space is in-store mobile applications, services that help making mobile shopping more convenient for consumers. Consumers often turn to mobile commerce to make their shopping experience easier, thus companies appealing to this interest.

Retailers being encouraged to provide mobile services to consumers

Thomas Idea notes that many consumers use mobile applications to compare prices and research products, as well as connect to social networks. Companies that help facilitate these interests could see their favor increase amongst tech-savvy consumers, who are becoming a significant economic force in and of themselves. The agency notes that U.S. retailer Walgreens’ uses an application called Aisle 411 that allows consumers to find the products they are looking for from 7,900 of the retailer’s stores. Using the app, consumers can track down these products to their exact location in the physical world.

Personalized campaigns could be major success

The agency notes that personalized promotions will become more important for businesses in 2013. Digital commerce platforms enable retailers to fine tune their sales campaign to focus on the specific interests of particular consumers, while also still appealing to a broad demographic. If companies can find ways to engage mobile consumers, they could see major economic gain in 2013.

Television commerce envisioned by American Express

television commerce

American Express sets sights on Television commerce

American Express has been showing a great deal of interest in mobile commerce recently, as have many other financial service companies around the world. Mobile commerce has been targeted as a promising way to spark economic activity in the retail industry as it provides more consumers with the ability to make purchases from wherever they are in the world. American Express has announced a line-up of partnerships with several media companies to explore a new realm of mobile commerce that is being called “Television commerce.”

New commerce venture aims to boost mobile shopping through TV shows

Television commerce is a relatively simple, though never before attempted concept. Essentially, consumers will be able to shop for products in real time while watching the TV shows they enjoy, without having to miss these shows in any way. Television commerce holds particular promise because it would allow for consumers to be engaged in a wide variety of promotions, such as being giving the chance to purchase an outfit they saw on one of their favorite TV shows.

American Express teams with FOX for new venture

American Express has teams with Fox Broadcasting Company to initiate Television commerce. The two companies have developed a new suite of mobile applications called FOX NOW that allow consumers to browse products found on FOX TV shows using their iPad. American Express customers with eligible cards will receive $35 credit if they purchase a featured product on FOX’s “New Girl” show. The partnership between the two companies will extend into 2013.

Television commerce may be a success if it can overcome challenges

Television commerce is a new venture and presents a variety of risks. Consumers may not be inclined to participate in Television commerce regularly if they are not offered significant deals, thus rendering the venture a modest success. There is a possibility that Television commerce could become a breakaway sensation, however, which could spark the developing of new T-commerce initiatives that aim to engage consumers thorough their favorite TV shows.