Tag: mobile shopping

Mobile commerce may be at the heart of a new revolution

ebay mobile commerceeBay has high hopes for mobile commerce

Online retail giant eBay believes that mobile is leading a revolution in the commerce sector. According to eBay, this revolution will change the way consumers purchase and search for products around the world. This week, the retailer has unveiled a new three-year growth strategy that has a heavy emphasis on mobile commerce. eBay expects mobile commerce to play a major role in its future business and is working to ensure that it is as accommodating to mobile consumers as it can possibly be.

eBay and PayPal experience heavy activity in the mobile space

eBay has already experiences strong performance in the mobile commerce sector through itself and its subsidiary PayPal. Where eBay is concerned, more consumers are opting to use their smartphones or tablets to shop for products. These consumers are also more apt to purchase products from their mobile device rather than from a PC. PayPal has been reporting a growing number of transactions being made from mobile devices, whether they involve purchasing products or transferring money from one account to another. This activity has built up eBay’s confidence in the mobile commerce sector.

Mobile commerce expected to reach $300 billion by 2015

By 2015, eBay expects global mobile commerce to reach the $300 billion mark. The company notes that this will translate into revenue growth of 50% or more by the end of 2015. Mobile commerce will be behind much of the growth that eBay is expecting to see over the next three years and the retailer estimates that it will be able to beat out its competitors in its given industry. Amazon, which is eBay’s only major competitor, has also been showing strong interest in mobile commerce. Whether eBay will be able to overcome Amazon may depend largely on the mobile commerce plans of the latter.

Consumer interest powering mobile commerce growth

eBay suggests that mobile commerce is becoming more important for consumers as they become more comfortable with the concept. As more consumers get their hands on smartphones and tablets, they are becoming increasingly exposed to the prospects of mobile commerce. As such, they are becoming more likely to purchase products and shop with their mobile devices than they have ever been in the past few years.

Wal-Mart to take a swing at mobile commerce

Walmart mobile commerceWal-Mart has high hopes for mobile commerce

Wal-Mart is already considered the world’s largest retailer, but the company is eager to solidify its place as such by providing services that it claims no other retailer will be able to match. The retailer has plans to combine its 10,000 stores and 10 global e-commerce websites in order to develop a new platform that the company believes is more suitable for the modern consumer. The initiative is meant to make Wal-Mart the most powerful online retailer in the world and mobile commerce may be able to help the company achieve this goal.

Consumers begin to favor mobile commerce over traditional commerce

Mobile commerce has grown to become a very attractive concept throughout the world. The idea that a mobile devices, whether it be a smartphone or tablet, can be used to purchase goods or pay for services has become very alluring to consumers. This idea means that these people would not have to worry about physical currencies and could make a purchase with little more than a wave of their device or a tap of their finger. The convenience of mobile commerce is one of its most attractive features, especially to those that rely heavily on their mobile devices, and Wal-Mart believes that mobile commerce could help it dominate the online world.

Retailer to launch new initiative this summer

Wal-Mart has announced a plan to launch a pilot project this summer. This project involves allowing consumers to purchase products online and retrieve these products from lockers in physical Wal-Mart stores. This is similar to an initiative that was launched by Wal-Mart’s primary competitor, Amazon, where the online retailer would deliver purchased products to stores so that they could be picked up at a convenient time for consumers. This particular service will be somewhat accommodating to mobile consumers as the service will be optimized for use on mobile devices.

Retailer to update e-commerce platforms

Wal-Mart also has plans to renovate its e-commerce structure. Currently, the company’s online retail presence is based on old technological platforms. Many of these platforms are simply not designed to accommodate mobile traffic. As such, these platforms are often linked to poor performance on mobile devices. In an effort to better accommodate mobile commerce, Wal-Mart has plans to upgrade its e-commerce platforms.