Tag: smartphone shopping

Mobile commerce experts expect an increase of $14 billion this year

Mobile Commerce Sephora

The example of Sephora has been used to support this claim about the channel.

Experts in mobile commerce and marketing have been looking at some of the larger players in the channel and have stated that they expect a positive future for shopping over smartphones.

Those in the industry are increasingly convinced that this environment has become vital to a company’s survival.

Johnna Marcus, an executive from Sephora, the beauty product retailer, explained that mobile commerce had been a highly positive experience for that company, and that it anticipates further gains in that sphere will present themselves in 2013. Based on last year’s numbers, that business is justified in feeling positive about the potential from smartphone shoppers.

When speaking at a conference, the executive revealed considerable mobile commerce growth data.

According to Marcus, Sephora saw an increase in orders over mobile commerce of 167 percent. Moreover, there was a spike of 75 percent in the traffic that the site saw from smartphones and tablets. Furthermore, over 50 percent of the emails that are sent by the company are opened using these devices, as opposed to laptops and desktop computers.

Sephora has developed a unique mobile commerce strategy which is attempting to make the smartphone or tablet into a type of digital personal shopper for consumers. The devices will allow them to keep track of the brands that they prefer, read reviews, and keep an eye on the very latest items.

The company has also placed a considerable amount of focus on the concept of a mobile wallet which will integrate with the gift cards that they sell. Beyond that, there is a handy feature in the company’s app, which allows consumers to scan the barcodes on the packages in-store, or on the items that have already been purchased. This provides immediate access to product information, reviews, and options for purchasing that item online.

Of course, this was only one example of mobile commerce successes over the last year. A recent eMarketer study has indicated that this year, consumers will be using their devices to purchase $37.44 billion worth of retail products. This is a massive increase over last year, when $23.72 billion was spent.

eBay continues to pursue mobile commerce

ebay mobile commerceMobile commerce becoming more popular with eBay

E-commerce and mobile commerce are gaining momentum and capturing the attention of consumers around the world. As smart phones and tablets become more common, consumers are looking for new ways to shop and purchase products. The more popular mobile commerce becomes, the more companies that emerge looking to establish their hold on the market. They may be unable to compete with those that have long been in the online retail space, however, such as eBay.

Analysts expect eBay to make a major push for mobile commerce in 2013

eBay has come to embrace mobile commerce in a major way. The online retailer saw major results from its mobile commerce initiatives during the 2012 holiday season. These results have helped encourage the company to continue its pursuit of establishing itself as a dominating force in the mobile commerce sector. Analysts from Canaccord Genuity suggest that eBay will continue to see promising results in mobile commerce as online shopping models become more efficient and optimized for mobile consumers.

eBay may soon compete with Amazon

Analysts suggest that eBay will see significant growth, especially in terms of the stock market, in 2013 because of the company’s focus on mobile commerce. Consumers have long been interested in purchasing products online, but have largely been restricted to their PCs. The advent of mobile technology and mobile commerce allow consumers to shop for products wherever they are. Analysts suggest that eBay currently boasts of the most robust mobile commerce services in the retail sector, which could put it in line to compete with Amazon.

Retailers expected to clash in the future

Amazon has also been showing extreme interest in mobile commerce. The company has long been at the head of the e-commerce race, but eBay is quickly becoming a major competitor. Both companies are expected to clash in the mobile commerce arena, with the victor being decided by the company that offers the most intuitive and efficient mobile commerce services to consumers.