Tag: mobile payments

Indian retailers are beginning to favor mobile commerce

Flipkart and Snapdeal are revising their marketing strategies to be more mobile-centirc

Major online retailers in India are beginning to aggressively promote their new mobile applications. Flipkart and Snapdeal, two of the largest online retailers in India, are beginning to focus their marketing efforts on the mobile space. A growing number of Indian consumers are gaining access to mobile devices and the Internet, which has lead to a surge in mobile commerce activity. Flipkart has opted to forgo participating in Google’s Great Online Shopping Festival in order to promote its new mobile shopping app. Snapdeal will be participating in the event, however, taking the opportunity to showcase its own shopping app.

Companies are offering special deals to consumers that make use of their mobile shopping apps

E-commerce companies throughout India are beginning to revise their customer acquisition strategies, making them more mobile-centric. These companies are offering consumers special deals if they install their mobile shopping applications on their devices. Both Flipkart and Snapdeal expect to create new loyal customers through their apps than through online search engines that regularly direct consumers to online retail sites.

Flipkart is spending more on the mobile space, focusing less on display advertising and search engines

Mobile Commerce - Shopping apps in IndiaMuch of Flipkarts marketing expenditure has been focused on search engine and display advetising. Though the company has not released information concerning revisions being made to the amount of money it is spending in this way, Flipkart is beginning to focus more heavily on the mobile space. Installing a mobile app on a smartphone or tablet is often seen as an endorsement from consumers. Those installing these apps have shown that they are willing to use it to shop online and purchase products from a particular retailer.

Google may have to adapt to changes in retail customer acquisition

As e-commerce companies in India begin to revise their marketing strategies, Google may have to follow suit. The company relies heavily on its search engine and display advertising services to generate revenue, but if more companies are focusing on mobile app installations, Google may find it harder to produce revenue through its traditional strategies.

JD.com launches new mobile commerce service for merchants

JD.com and Tencent continue their push into the mobile sector

JD.com, one of the largest online retailers in China, is taking steps to combine its business with Tencent, developer of China’s most used messaging and gaming platforms. Earlier this year, Tencent purchased a 15% stake in JD.com in its ongoing effort to compete with Alibaba. The two companies have been working together to establish a stronger foothold in the mobile commerce market, with Tencent trying to convert its WeChat users into JD.com shoppers and vice versa.

New service will allow retailers to build their own mobile commerce websites and connect with consumers

JD.com has created a new service called PaiPai Weidian that will allow merchants to easily create mobile commerce websites. This will help smaller merchants to better engage the mobile audience, which is comprised of a rapidly growing consumer base that is eager to purchase products online from their smartphones and tablets. The new service will allow these merchants to promote their products on the WeChat platform, which boasts of more than 460 million active monthly users throughout Asia.

Mobile sites help bring in $16.2 million in mobile payments

Mobile Commerce  - New Service LaunchedThe service could go a long way in helping JD.com establish a stronger presence in mobile commerce. The company sees a great deal of promise in this sector, as mobile consumers have shown that they are willing to spend large amounts of money online. During China’s Singles Day, which is the retail equivalent of Black Friday in the United States, some $16.2 million in mobile payments were processed through sites built by JD.com’s new service. The service had a test launch in September of this year, during which small retailers were able to test its capabilities.

Mobile commerce continues to explode in China

Mobile commerce is thriving in China. This is largely due to the growing number of people that are gaining access to smartphones and the mobile Internet. Growth is also being powered by companies that are offering mobile shopping and payment services to consumers and retailers alike. Retailers are beginning to take advantage of these services in order to connect with a new generation of consumers.