Tag: m-commerce

Mobile Technology and its Impact on Society

Society is becoming more mobile-centric on a seemingly daily basis. Smartphones and tablets are playing bigger roles in people’s daily lives, and this is becoming especially true as businesses and social organizations begin to become more mobile-centric themselves. The idea of mobility is quite attractive. In the past, people could only access the Internet and digital services from their desktop computers. Now, access to the digital world is everywhere and this constant connection has had a major impact on society as a whole.

Because of a constant connection to the Internet, people are generally more informed of a wide range of issues and are able to access information concerning global and local events. The advent of mobile technology has also enabled people to change the way they shop for products and engage with their friends and families. Technology has changed the way that society works within itself very quickly over the past few decades and new changes are beginning to occur as technology begins to play a more central role in the lives of people throughout the world.

One of the most apparent changes that technology is having on the world can be seen in the field of commerce. While people are still quite comfortable with paying for goods and services with physical currencies, they are growing more interested in the concept of mobile commerce. As such, many people are beginning to shop from their smartphones and tablets, purchasing products from these devices when they can find deals on products that they like.mobile technology and society

Mobile commerce may soon come to define the retail sector and have major influence over how businesses connect with consumers. Many retailers are already working to engage mobile consumers more effectively. This involves them establishing a more active and prominent digital presence, something that retailers have not had to do in the past. Even companies like eBay and Amazon, which have a very powerful digital presence, are having to find new ways to engage mobile-centric people. There is, however, no definitive way to engage mobile consumers and find success. Because mobile commerce is a very fluid concept, consumers can quickly move from one retailer to the next, or from service to service, with relative ease.

The role of technology is society is ever changing and it is difficult to say for certain how technology will impact the world as a whole. Mobile technology has certainly had a measurable impact, especially over the past decade. This impact may become more pronounced as people become more reliant on technology.

Mobile commerce is exploding in Australia

Report highlights the potential future of the mobile sector in Australia

InMobi has released a new report concerning mobile commerce activity in Australia. The report shows that many people are growing accustomed to the idea of paying for goods and services using their mobile devices. A growing number of people are using their smartphones and tablets to shop online and retailers are taking steps to begin accepting mobile payments in physical stores. In the coming years, Australia may become home to one of the most active mobile commerce markets in the world.

86% of consumers have plans to shop online from a mobile device in the next 12 months

According to the report from InMobi, almost 86% of Australian mobile consumers have plans to engage in some form of mobile commerce within the next 12 months. This is an 11% increase over the number of people that said they would participate in mobile commerce in 2013. Approximately 34% of consumers noted that mobile affected their purchasing decisions in a significant way. These people have been responding to mobile-centric initiatives and marketing more than others.

Mobile accounts for a large portion of overall media consumption among consumers

Australia - Mobile CommerceThe report shows that the average consumer spends nearly 7 hours a day on media consumption, with mobile accounting for 23% of this consumption. Nearly 55% of mobile consumers throughout the country are now using their devices as their primary entertainment source, playing mobile games, interacting on social media platforms, and participating in other mobile-centric activities. The popularity of mobile technology has exposed these people to the idea of mobile commerce and many consumers have shown favor for it.

Security remains an issue that many people are concerned about in the mobile commerce space

Mobile commerce is still relatively new. As such, there are many risks and challenges that exist in this sector that have not yet been addressed. Security is the most serious problem facing mobile commerce currently. While several platforms have offered adequate security solutions to consumers, many more feature lackluster security that can place a consumer’s financial information at risk of exploitation.