Tag: mobile online shopping

Mobile commerce begins to reshape the retail industry

When mobile commerce first began showing promise in the mid 2000’s, retailers were very leery of the concept and all but shunned its existence. Much of the retail industry has been slow to warm to the notion of mobile commerce, only paying it serious attention as recently as 2010. Now, however, it has become a difficult task to find a retailer that does not support mobile commerce in some way, and this once shunned phenomenon is beginning to revolutionize the entire industry.

conScore sees major potential in smart phones

There are a vast multitude of market research studies that show that mobile technology has come to play a dominant role in the lives of consumers, especially where shopping is involved. According to comScore, a leading market research firm, smart phones are becoming the medium of choice when it comes to mobile technology, with such devices account for 63% of all mobile devices owned by consumers. These consumers are becoming increasingly interested in using their smart phones to purchase products.

Amazon establishes leadership in mobile commerce due to early adoption

Companies that adopted a strong focus on the mobile space early on have become very powerful in the realm of mobile commerce today. Amazon, for instance, is currently one of the leading powers in the mobile commerce and e-commerce worlds. Amazon’s site registers more than 5 million unique visits every day, the majority of which are also tied to purchases made from a mobile device. comScore notes that mobile search has also come to play a major role in the evolution of the retail industry and its reach to consumers, especially as more people use their mobile devices to browse the Internet.

Mobile devices represent promising opportunities for retailers

According to comScore, an average of 5.7 million smart phone users made online purchases between May and July of 2012. Approximately 13% of these consumers made purchases greater than $250, while the major spent well more than $40 on products they were interested in. eBay is another company that has seen the evolution of the retail industry through mobile commerce, claiming that mobile devices are the equivalent to consumers carrying an entire department store with them wherever they go. According to eBay, these consumers check their mobile devices approximately 40 times a day, giving retailers 40 unique opportunities to engage these consumers on a daily basis.

Online sales expected to jump as Christmas draws near, according to eCommerce Websites

Online sales are expected to see a significant jump in the days leading up to Christmas, according to research from eCommerce Websites, an e-commerce website development firm. The firm notes that it has been seeing a spike in the number of consumers that are using online mediums to purchase products. eCommerce Website draws on information from a recent PayPal study that shows that online sales throughout the world accounted for more than $1.2 trillion during 2012.

Consumers show interest in online shopping

eCommerce Websites suggests that businesses, both large and small, prepare to see higher online traffic as the holidays draw closer. While many consumers have finished their holiday shopping, taking advantage of the major deals that were offered by retailers during the Thanksgiving shopping weekend, many more tend to wait until the very last minute in order to purchase gifts for their loved ones. Online mediums are perfectly suited to meet the needs of these consumers by providing them a way to get through the last of their holiday shopping without having to compete with crowds.

E-commerce platforms must be bolstered to meet consumer demands

In order to better accommodate consumers, eCommerce Websites suggests that businesses bolster their e-commerce sites. During the Thanksgiving shopping weekend, many e-commerce sites from some of the world’s largest retailers experienced problems because of the massive level of traffic they experienced. This traffic caused slow-downs on several e-commerce platforms, leading to complaints from consumers who were keen on buying products that they were interested in. eCommerce Websites notes that having a capable e-commerce platform is necessary for businesses to take advantage of the growing number of mobile consumers.

Mobile commerce may see further growth during Christmas

The holiday season is still in full swing and that could be good news for mobile commerce. Thanksgiving, Black Friday, and Cyber Monday have all proven to be popular holidays for mobile commerce. Christmas is expected to see similar results, with a huge number of consumers expected to use their mobile devices to purchase gifts for themselves and for loved ones.