Tag: mcommerce

Wal-Mart sees mobile commerce as a major part of its holiday season

The holiday season is here and that is good news for retailers. Thanksgiving and Christmas are two of the biggest holidays for the retail industry because these are days in which these companies see the most traffic, both digital and physical. Retailers have been seeing a growing trend amongst consumers that suggests that mobile commerce is becoming a popular way to purchase products. Wal-Mart, one of the world’s largest retail companies, notes that this interest in mobile commerce is gaining a massive amount of momentum amongst consumers and may have a significant presence during the 2012 holiday season.

Retailer expects sizable portion of traffic will come from mobile consumers

Wal-Mart senior vice president of mobile and digital strategy Gibu Thomas suggests that a sizable portion of the company’s consumers will make purchases from smart phones, tablets, and other mobile devices this year. The retailer has been tracking the growing popularity of mobile commerce within its stores throughout the year and saw significant mobile traffic during the 2011 holiday season. As such, Wal-Mart stores are beginning to find new ways to provide service to consumers that would rather make use of mobile commerce platforms and shopping applications.

40% of shoppers expected to be mobile

Thomas suggests that more than 40% of shoppers visiting Wal-Mart stores will do so electronically during the 2012 holiday season. The retail giant sees this as a promising opportunity and has begun working to revamp its mobile shopping application, which has been downloaded millions of times all over the world. The application will receive updates that will make it more inclusive of mobile commerce and marketing in the hopes of engaging consumers that favor their mobile device over traditional forms of commerce.

Wal-Mart throws more support behind its mobile commerce efforts

Wal-Mart already boasts of a strong Internet presence and has managed to cater well to mobile consumers. Mobile commerce has, however, been relatively low on the retailer’s priority list until very recently. The company is seeing more people adopt mobile commerce platform and is keen to not be left behind by these consumers over a matter of service. As such, Wal-Mart is committed to finding ways to engage these consumers and provide them with services they want to see.

Deloitte, a professional services and consulting firm, has released the results a new survey concerning mobile commerce and the 2012 holiday season. Mobile commerce has been growing in popularity amongst consumers who are deeply involved in mobile technology. More consumers around the world are beginning to rely on their smart phones and tablets for more than just connectivity with friends, family, and the Internet. These consumers are turning to the mobile devices to make purchases for goods, a trend that retailers are beginning to respond to.

Survey predicts mobile consumers will have a large role to play during holiday season

According to the Deloitte survey, more than half the consumers that own and use a smart phone regularly are expected to use these devices for their holiday shopping this year. More than 5,000 consumers were surveyed by Deloitte over a 10-day period. The survey found that mobile commerce is, indeed, becoming a major part of the life of consumers, especially those that rely on their mobile device for a wide variety of services.

Majority of mobile consumers willing to spend more money

The survey predicts that 62% of shoppers using their mobile devices will do so at physical store locations. Approximately 58% of consumers will use their mobile devices to compare prices or look for more information on products. While this may be becoming a more common aspect of the retail industry, mobile commerce has significant economic implications that may be great news for this industry. According to Deloitte, 72% of mobile consumers are expected to pay more overall during their shopping than consumers that do not participate in mobile commerce. Each of these consumers is expected to spend more than $1,400 during the holiday season.

Mobile commerce expected to impact future holiday seasons

Mobile commerce is expected to translate into major gains for the retail industry, and especially for companies that are putting a strong focus on appealing to mobile consumers. The trend is expected to grow in the coming years, according to Deloitte, with the 2013 holiday season likely to see higher engagement throughout mobile commerce platforms than in previous years.