Tag: nfc mobile payment

Tapestry brings NFC technology to the fashion industry

| December 1, 2012

 

NFC Technology FashionTapestry aims to bridge a gap with NFC technology

Fashion and technology are becoming increasingly entwined. The fashion industry has long sought to be on the cutting edge of every sector it is involved in and the advent of mobile technology may help push the industry into new territory. There are currently a wide variety of companies that combine fashion with digital technology, but a new startup in the United Kingdom called Tapestry aims to make use of NFC technology to connect consumers with actual products.

Application allows consumers to build virtual wardrobes

Tapestry offers a free mobile application for the Android and iOS platforms. This application aims to connect a consumer’s online identify with actual, physical products in stores they may be visiting. The application is equipped with a barcode scanner that will allow users to scan a variety of codes that will provide them with information on particular products. It also leverages NFC technology as a way to allow users to build a virtual wardrobe filled with products they may want to own.

Tapestry could be used as a personalized shopping channel

The application is meant to create a personalized mobile shopping channel for mobile consumers. Retailers may find the Tapestry application useful as it provides them with data concerning the interests of particular consumers and demographics. The platform also provide retailers with a way to provide these consumers with discounts and loyalty rewards, thus creating a dynamic connection between businesses and shoppers. Tapestry notes that the use of the application in this way could encourage consumers to add more products to their virtual wardrobes in order to receive more attention from retailers.

NFC technology gaining ground outside of mobile commerce

NFC technology is most often used in the field of mobile commerce, where it can facilitate mobile payments. The technology has been sparingly used in the field of marketing, but NFC is relatively rare in the fashion industry. Tapestry is one of the few applications outside of the mobile commerce sector that leverages NFC technology to connect with consumers in the fashion industry.

Branding Brand highlights the performance of mobile commerce

| November 28, 2012

 

Branding Brand survey shows mobile commerce performance on Black Friday

Branding Brand, a leading mobilMobile Commerce Branding Brand Surveye commerce platform used within the retail industry, has announced the results of its Mobile Commerce Index for Black Friday survey. The survey is meant to highlight the performance of mobile commerce amongst consumers on the most important day of the year for the retail industry: Black Friday. The survey shows that mobile commerce was largely successful in boosting the mobile sales within the retail industry by a significant margin.

Mobile sales up 128%

The survey accounts for 66 mobile sites developed by Branding Brand for retailers participating in mobile commerce. These retailers span a wide variety of industries and has shown a great deal of interest in engaging mobile consumers, identifying these consumers as a major opportunity for growth. The survey shows that mobile sales on Black Friday grew by 128% over what they had been in the previous year. Mobile traffic also grew by 101% over the level they had been in 2011.

Most consumers used iOS devices for mobile commerce

Branding Brand suggests that mobile commerce has played a major role in this year’s holiday season, as far as the retail industry is concerned. The survey shows that most consumers made use of iOS devices to access e-commerce sites. Android devices, especially those equipped with NFC technology, were still used and were largely responsible for purchases made within physical stores from an actual mobile device. The iOS platform does not currently support NFC technology.

Retailers may be inclined to support mobile commerce

Mobile commerce had been expected to play a significant role for the retail industry during Black Friday. Branding Brand suggests that this is the case and that the retail industry has now been shown evidence of the capabilities of mobile commerce. With Black Friday leaving many retailers in a positive financial position for the remained of the fiscal year, they may be inclined to invest more support into mobile commerce for the future.