Tag: mcommerce news

Cyber Monday breaks sales records across the board

| December 1, 2012

 

Cyber Monday mobile commerceCyber Monday the most successful day in retail history

Cyber Monday has come and gone and left the retail industry rejoicing what has become one of the most successful holiday shopping weekends ever. Retailers saw record sales on Cyber Monday as shoppers flocked to e-commerce sites to make purchases online. According to IBM Digital Analytics Benchmark, online sales this year rose by 30% over what they had been on Cyber Monday in 2011. IBM suggests that Cyber Monday has become the most successful online shopping day the retail industry has ever seen.

Consumers flock online for major deals

Consumers did not just use their computers to buy products online, many of them also turned to their smart phones and tablets. Mobile devices accounted for a significant portion of the sales that retailers saw on Cyber Monday. Indeed, many retailers sought to engage consumers through various mobile commerce efforts that offered deals specifically to those that made purchases using a specialized application or a smart phones or tablet.

Mobile sales soar due to the efforts of retailers

Part of the success that retailers saw through their online platforms comes from the fact that they did not actually wait until Monday to begin providing deals. Traditionally, retailers wait until Cyber Monday arrives to begin offering online-only deals. This year, however, many decided to introduce these deals on Thanksgiving and Black Friday, hoping to take advantage of the holiday shopping buzz. This proved especially successful among mobile consumers who were eager to use their devices to find products they were interested in.

Consumers still have time to benefit from mobile commerce initiatives

Though the most significant holiday shopping weekend of the year has come to an end, mobile commerce is still expected to play a major role in the remainder of the holiday season. Consumers have plenty of time to continue shopping before Christmas arrives and they will also be able to take advantage of the deals offered by retailers as that day draws nearer.

Verdict report highlights mobile commerce growth

| November 16, 2012

 

Verdict details growth of mobile commerce in the UK

Verdict, an independent retailMobile Commerce Growth UK analyst, has released a new report concerning the growth of mobile commerce in the UK. The report, titled “M-Commerce in the UK 2012,” examined the trends that have contributed to the growing popularity surrounding mobile commerce and what consumers are responding to. The response from consumers is dictating how the retail industry makes use of mobile commerce services and how these services are being incorporated into an overarching business structure.

Growth expected to exceed 500% by 2017

In the report, Verdict predicts that mobile commerce will grow more than 504% from 2012 to 2017. Much of this growth is being attributed to the growing demand for mobile commerce services coming from consumers. The retail industry is eager to meet this demand, introducing new mobile commerce services to better serve customers that wish to use their smart phones and other devices to make purchases of products. Indeed, the retail industry is expected to dominate the UK market in terms of mobile commerce.

Consumers respond well to mobile commerce initiatives

According to  the report, Verdict expects mobile shopping and purchases to flourish in the coming years. The report includes the results of a survey carried out by Verdict, which found that 24.8% of consumers claimed they were likely to use their mobile device to research a product before buying it. These consumers also expressed interest in using their mobile devices to purchase goods, a trend that is becoming more popular as more consumers become comfortable with the capabilities of mobile technology.

UK on its way to dominating mobile commerce market

The United Kingdom is quickly shaping up to be one of the most attractive mobile commerce markets in the world. UK consumers have already shown their willingness to participate in mobile shopping and purchases, more so than consumers in many other countries where mobile commerce has established a foothold. If the trends Verdict has seen continue, the UK may be the most robust mobile commerce market in the world.