Category: Featured News

Increased mobile commerce expected once again this holiday season

This year’s RhythmOne study is aligning well with other predictions with regards to purchasing with smartphones.

For the last several years, mobile commerce trends have shown that smartphone owners are using their devices to an increasing degree with each new holiday shopping season and the results of a new RhythmOne study have revealed that this year will be no exception to that rule.

The majority of holiday shoppers intend to take part in mobile shopping activities this year, said the report.

In fact, the report on the study showed that 71.5 percent of holiday shoppers intend to take part in mobile commerce in at least some levels of the shopping process from browsing through to the actual purchase. The report labeled those consumers as “mobile holiday shoppers” as they intend to go online or use a mobile app on their smartphones in order to research, find, or purchase products as gifts.

This represents the 11th annual study of this nature conducted by RhythmOne and shows the largest mobile commerce influence.

Mobile Commerce Holiday Shopping to RiseAccording to the authors of the report, “Among mobile holiday shoppers, 40.9 percent will use a smartphone only, 40.0 percent will use both a smartphone and a tablet, and 19.1 percent will use a tablet only to research/shop for holiday products and gifts.” They also went on to underscore their discovery that throughout the holiday season, 60.4 percent of mobile shoppers between the ages of 18 and 34 years will use a smartphone as their exclusive device for shopping behaviors at this time of year.

As the company now has an 11 year history of building an understanding the holiday shopping habits of consumers, they feel quite strongly that their results provide important insight with regards to the path to purchase being taken by consumers. Marketers may be able to take advantage of this knowledge in order to best reach consumers at this busiest buying time of the year.

Another important point made by this mobile commerce research is that smartphones are being used to an increasing degree while customers are actually standing within a brick and mortar store. They are being consulted to help in decision making, to read reviews, check competitor prices and to see if coupons or other types of mobile discounts are available.

Google may bring mobile payments support to Maps

Google Maps may have mobile payments functionality in the future

Google continues to make moves in the mobile payments space, working to introduce a new feature into Google Maps that will allow consumers to make purchases through the service. Many people use Google Maps for directions, but they have also begun to use the service to find local stores. An updated version of Google Maps will include mobile payments support, something that a growing number of consumers have been asking for over the past several months.

New update for Google Maps is being tested

The update is still in early development, with Google testing a variety of new features that could make Google Maps more valuable to consumers. One of these features involves finding out gas prices at local stations. Another will include additional information concerning hotels, allowing consumers to determine whether or not certain amenities are available at a hotel they may be interested in. Google is looking to incorporate Android Pay into Maps, allowing consumers to make purchases directly from the service. Such purchases would likely be hotel stays or, potentially, making a payment in advance for products offered at physical stores.

Google continues to move ever deeper into the mobile payments space

Mobile Payments - Google MapsGoogle has been involved in the mobile payments space for some time, having initially supported mobile transactions through Google Wallet. The Wallet service is still available, working alongside Android Pay, but Wallet is relatively unpopular among consumers. Android Pay, however, is quickly becoming a favorite with those that are interested in mobile payments. The service has proven to be quite convenient, allowing consumers to make purchases whenever they please. The service is also receiving strong support from retailers that wish to engage mobile consumers more effectively.

Maps may be an underrated mobile payments platform

Google Maps is a massively popular service, but relatively few people consider its potential as a mobile payments platform. Whether or not Google will actually introduce mobile payments support to Maps is still undetermined. The company has, however, been showing a great deal of support for mobile payments in recent years, believing that this sector will see magnificent growth in the coming years.