Tag: mobile spending

Mobile commerce helps boost retail revenue

| September 8, 2014

Retailers are finding more success in the mobile shopping space

Branding Brand, a leading mobile commerce service provider, has released a new study, which is the latest in its Mobile Commerce Index series. The study highlights the trends that exist in the mobile space and tracks those that are beginning to emerge therein. The report often notes that mobile payments are becoming more common among consumers, especially as businesses begin to become more accommodating of the mobile-centric audience.

Study shows that retail revenue jumped by 111% in May of this year

According to the study, average retail revenue increased by 111.3% in May of 2014 over what it had been during the same month in the previous year. This increase in revenue came from smartphones, with mobile consumers taking advantage of websites that were optimized for mobile use. Retailers with effective mobile websites saw more revenue growth than those without optimized sites. Those with poorly optimized sites tend to receive criticism from consumers who opt not to use such sites again in the future.

Mobile commerce is becoming a priority for the retail industry as consumers become more integrated with their mobile devices

mobile commerce retail revenue boostMobile commerce has managed to find a great deal of momentum in the retail sector. Consumers have shown that they are willing to shop for and purchase products from their mobile devices and many are beginning to do so more frequently than they visit physical stores. While physical retail is expected to retain its place of favor among consumers, more people are beginning to augment their visits to physical stores with mobile commerce.

Tablets may soon overcome smartphones as the primary mobile shopping platform

Smartphones are currently considered the leading mobile shopping platform among consumers, but tablets are beginning to catch up. Tablets are becoming favored because of their larger screens and generally stronger processing power. These tablets allow for a better shopping experience, creating an enjoyable atmosphere within the mobile commerce space. Some retailers are beginning to focus on appealing to tablet users because these consumers generally tend to spend more money while shopping online.

E-mail is what is driving mobile commerce activity

| July 14, 2014

New report shows that mobile shopping activity continues to rise throughout the US

Custora, an electronic marketing service provider, has released a new report concerning the factors that are driving mobile commerce activity in the U.S. Over the past four years, mobile payments have seen a dramatic rise, finding their way into various industries and with more people showing interest in mobile transactions. Mobile commerce has seen the majority of its growth occur in the retail industry, where retail sales from smartphones and tablets have reached $42 billion as of t he end of 2013.

E-mail is driving more activity than social media

There are many factors driving the growth of the mobile space, but e-mail is one of the most influential of these factors. One common consensus among businesses is that the best way to engage mobile consumers is through social media. While this is true to some extent, e-mail is still the best way to drive commerce activity among these consumers. According to Custora, e-mail drive 26.7% of sales on smartphones and 23.1% on tablets. By comparison, social media only drove 0.6% of sales on smartphones and 0.2% on tablets. E-mail remains one of the most powerful marketing tools available to businesses today, despite the fact that e-mail services do not have the same flare as social media platforms.

Consumers are beginning to favor tablets over smartphones

Mobile Commerce - Email successful marketingCustora’s data shows that consumers are becoming more willing to shop from their smartphones and tablets as well. Between January and March of this year, 12% of online shoppers made purchases from more than one mobile device. Shoppers are beginning to favor tablets over smartphones as well, due to the better shopping experience that these devices offer.

Smartphones may be the primary mobile commerce tool among online shoppers for some time

Currently, the iPad is the most popular tablet device for online shoppers, accounting for 79.9% of tablet commerce. Amazon’s Kindle Fire is gaining momentum, however, as more consumers begin to use their tablets to shop online. Overall, smartphones are likely to remain the primary mobile commerce tool among consumers.