Tag: mobile commerce data

Mobile commerce drives 23 percent of online sales

Some companies and techniques are working to expand the use of shopping over this channel.

Mobile commerce is taking off very rapidly but, at the same time, the number of consumers who are using the channel are exceptionally low compared to the number who shop in person or who buy over the internet on their laptops and desktops.

There are a number of reasons that people have hesitated to turn to their smartphones to buy.

People frequently hold back from shopping via smartphone and tablet because mobile commerce often comes with slow internet speeds, improperly optimized websites, long page load times, and concerns over the security of payments. Despite the fact that online shopping no matter where the consumer may be provides a tremendous opportunity for convenience, variety, and price comparisons but even the best apps and websites often lead individuals to learn about a product and then purchase it on a desktop or in a brick and mortar store instead of buying over that channel.

However, many mobile commerce using companies are working to boost the numbers.

mobile commerce - online salesThe latest sales data from Capgemini and IMRG have shown that from the second quarter of last year to the same quarter this year, there was an increase in mobile commerce sales from 11.6 percent of online purchases to 23 percent.

There are many reasons that consumers are still hesitating to buy over mobile commerce. They include the following:

• Reduced internet performance that doesn’t meet the expectations of consumers.
• Heavy page weight that leads to increased load times.
• Redirection issues
• Security concerns

A mobile commerce survey in which 728 people participated showed that among all of the various tasks that people complete using their smartphones or tablets, “reserve and collect” services, and “shopping online” were still lower than many companies would hope. Among those respondents, only 9 percent shopped online and 27 percent used reserve and collect services (where an item is ordered to be put aside in a store and the customer picks it up in person). This suggests to many that a “click to collect” service may be more appealing to consumers than actually completing the order to be shipped online by way of a small screen device.

Mobile commerce sales blast beyond $10 billion

This achievement had already been reached within the first half of this year.

According to some of the latest data that has been issued from comScore, the estimates about the first half of this year are that the total sales over mobile commerce broke the $10 billion mark within that time period.

These figures reflect the transactions that were completed within the United States, alone.

According to the report from comScore, the total that was reached within the first two quarters in terms of mobile commerce sales in the United States over smartphones and tablets was an estimated $10.6 billion. That announcement was first made by the company when it released its figures on Tuesday.

Purchases over smartphones made up the majority of the mobile commerce sales totals.

Mobile Commerce Sales Blast OffThe data showed that mobile commerce purchases over smartphones made up $6.7 billion of the total for the first six months of the year. Tablets contributed the remaining $3.9 billion. That said, it is important to point out that there are approximately twice as many smartphone users as there are tablet users in the United States, which can help to show why the total for the smaller device was notably higher.

Overall the actual commercial purchases made over mobile commerce on smartphones were responsible for the final total, whereas, over tablets included other sectors and forms of shopping.

Moreover, it should also be pointed out that the $10.6 billion mobile commerce sales total still makes up only just shy of 10 percent of the online shopping sales as a whole. This, despite the fact that the first iPhone as released six years ago and, therefore, has provided shoppers with a means of purchasing over wireless devices for more than half of a decade.

Also important to understand about the comScore mobile commerce data is that the figures that were assembled do not include those that were made via mobile payments. Those would involve the sales that are completed within a brick and mortar shop, but where the smartphone was used as a payment method. It was only the purchases made exclusively over the small screen devices that were taken into consideration.