Tag: apac mobile commerce

Mobile shopping is rising among APAC consumers

Shoppers throughout the 13 nations that make up the Asia Pacific marketplace use smartphones more regularly.

According to the results of a recent survey that was conducted by Visa, consumers throughout the 13 countries that make up the APAC marketplace have claimed that they have been using mobile shopping to make purchases at a considerably greater rate than ever before.

In fact, the survey results showed that the gap between e- and m-commerce is notably shrinking.

The survey compared the use of mobile shopping this year over what it was in 2014, and it determined that the market had experienced an increase of 22 percent among consumers in Asia Pacific countries. Moreover, the research also determined that there are now more consumers in that region of the world who are paying their bills and who are making product purchases by way of smartphones and desktops than there are those who make those same transactions over desktop computers.

The mobile shopping figures were published within the 2015 Regional E-commerce Monitor Survey from Visa.

Mobile Shopping on the rise in Asia-Pacific regionThe countries in the APAC region that experienced the largest amount of growth were Indonesia, China and Taiwan. They saw a growth of m-commerce use of 36, 34 and 28 percent, respectively. These figures were based on the responses that were given by 11,760 respondents who reside throughout the 13 different Asia Pacific nations. Also among those countries are Vietnam, India, Australia, Singapore and Malaysia.

The Visa survey found that consumers in Thailand were equally as likely to make a purchase over a mobile device as they were over a laptop or desktop computer. The report on the research also indicated that the gap between the use of mobile and desktop computers for commerce was decreasing in several countries including South Korea, China and Indonesia.

According to Conor Lynch, the director of regional e-commerce at Visa, the findings of the survey have revealed a rising “norm” in making purchase through mobile shopping channels. “As consumers get more comfortable using their smart devices to research, browse, and purchase, m-commerce should soon overtake traditional e-commerce habits, strengthening this channel of engagement between consumers and retailers,” he said.

Mobile commerce still taking off in Singapore

Among those who took part in a survey, 31 percent said they used their smartphones and tablets to shop.

According to the results of a survey that was conducted among consumers in Singapore, there has been a considerable rise in the number that are using their smartphones for mobile commerce purposes over the last year.

The most recent step of the study was conducted from March through May to view the popularity of this channel.

The study that was conducted by the research firm, Nielsen, was held from March all the way through May. It determined that when compared to the same period in the previous year, the popularity of mobile commerce had risen to 31 percent after having been 24 percent at the same time in 2012. This placed the Singapore city state well ahead of other countries within that same region.

The mobile commerce in Singapore was followed by Hong Kong in its popularity level.

Mobile Commerce - SingaporeIn Hong Kong, the area where mobile commerce was second most popular, had 28 percent of the survey participants taking part in this form of shopping. In Malaysia, it was 27 percent of the survey participants, whereas, in Australia, there were 27 percent of the respondents who said that they shop over their smartphones.

The Nielsen research included the participation of more than 18,700 people who reside in nine different markets in the Asia Pacific region. In Singapore, there were approximately 1,300 people who had been asked whether or not their handset had been used for mobile commerce purposes within the previous month.

It should still be noted that while Singapore was the region that had the highest growth rate in terms of the use of mobile commerce, it was not in the lead for overall usage. In that category, the city state was considered to be in third place. It was well behind Japan, the first place holder, where nearly 90 percent of respondents had used their smartphones for shopping online. It was also behind South Korea, where an estimated two out of every three consumers was using their handsets for researching and buying products.