A recent report from MEF has shown that uptake is driving a broad range of activities over this channel.
The Global Consumer Insights Series on Mobile Money has now been released by the MEF, and it has revealed its belief that mobile payments are among the primary drivers in m-commerce as well as the consumption of a broad range of other types of content over that channel.
The report was based on an analysis of data from 13 different countries.
This included the answers to survey questions from approximately 10,000 respondents. This data pointed out a number of global and regional trends in the uptake of mobile payments and the ways in which this adoption was stimulating growth across other areas in this channel. The report showed that last year, 15 percent of users of mobile media had made some kind of digital purchase over a smartphone or tablet.
Wallets were the most popular form of mobile payments that were used by the respondents.
The largest group of those that had used these digital transactions (representing 7 percent of the total number of respondents) had used mobile wallets, particularly those that used NFC technology to verify and complete the transaction.
The research from this report was conducted along with On Device Research. It has underscored the importance of users of smartphone based money to the overall m-commerce marketplace. They pointed out that the individuals who are already using digital transactions over smartphones and tablets are 26 percent more likely to make a purchase over their mobile devices.
Worldwide, a tremendous 91 percent of those digital money users also made some kind of purchase over their gadgets in 2013. Comparatively, among all mobile consumers, 65 percent did the same.
Users of mobile payments are also the ones who spend the largest amounts on individual purchases. In fact, they have a 10 percent lower likelihood of making a purchase of a low value. Moreover, their purchases are 14 percent more likely to be within the mid-value range. That said, they are not only more likely to make more purchases, but they also take part in a broader range of activities over that channel, such as scanning QR codes (12 percent more likely), make a charitable donation (11 percent more likely), or use location based services (10 percent more likely).
A smartphone friendly trivia game has been launched through a SparkBridge partnership.
QR codes are being used in a new way to appeal to smartphone users who enjoy mobile gaming as different locations in the vicinity of Park Royal North, South, and the Village will be encouraged to scan quick response codes with the new Snappz app.
By scanning, the mobile device users will be asked trivia questions about pop culture and fashion.
When the QR codes are scanned and the questions are answered correctly, the users will be rewarded points. As they answer more correct questions and continue their mobile gaming experience up through the various levels of the game, they will be able to earn more points. These can then be converted into Park Royal gift cards that can be redeemed at brick and mortar locations through the use of the smartphones.
This use of QR codes is the latest element of a broader Park Royal mobile marketing strategy.
This mobile marketing strategy is designed to link the use of smartphones to the brick and mortar shops. According to the Park Royal communications coordinator, Amanda Eaton, “Park Royal is a leader in the beyond-the-bricksand-mortar strategy.” She went on to say that the Snappz is a perfect complement to their existing strategy. She described the mobile gaming experience as being “fun and hip” and that it is focused on the latest pop culture and fashion, which the company feels will be particularly appealing to the target market of the store, young female shoppers.
The latest statistics released by the Pew Internet and American Life Project has revealed that among people between the ages of 12 and 17 years, more than three quarters are now armed with mobile devices such as smartphones. In fact, almost half of the devices carried by individuals within this demographic are, indeed, smartphones.
The same source has shown that teen girls in the older years of that age span are most likely to say that those mobile devices are their primary method of internet access. This has encouraged Park Royal to focus on a mobile marketing strategy that will bridge the gap between their physical store locations and the digital world, by way of the devices that their primary market have with them at nearly all times. Through QR codes, this bridge is quite inexpensive and easy to build and maintain.
