Tag: tencent

JD and Tencent seek to improve mobile marketing in China

JD and Tencent will be expanding their partnership in order to improve mobile marketing

JD.com, one of China’s largest online retailers, and Tencent, a prominent provider of Internet services in China, have announced that they will be expanding their partnership in order to transform mobile marketing throughout the country. A growing number of consumers with smartphones and tablets has lead to a higher demand for new marketing solutions in order to effectively engage mobile consumers. Retailers are finding it somewhat difficult to catch the attention of mobile shoppers, especially those that are becoming more involved in mobile commerce.

China is becoming a very powerful mobile commerce market

China has become a leading mobile commerce market, with many consumers showing favor for shopping with their smartphones. New mobile marketing solutions are needed in order to ensure that retailers can continue to engage these consumers. JD and Tencent will be exploring new avenues to leverage Tencent’s social platforms in order to create more favorable marketing solutions. Together, the companies intend to make use of the big-data resources that Tencent has access to, as well as the e-commerce information that JD has collected over the years.

New marketing solutions could help retailers engage mobile consumers

Mobile Marketing Improvments - ChinaThrough the expanded partnership, JD and Tencent intend to develop new online tools that will ensure that retailers can target mobile consumers in a more dynamic fashion. Mobile marketing has proven to be an effective way to engage new generations of consumers that are becoming more reliant on smartphones and tablets. These devices have become powerful tools in changing how consumers shop online and in the physical world. In China, retailers have seen the rise of mobile commerce, which is pressuring them to become more mobile-centric.

Mobile marketing expected to thrive in China

As mobile marketing becomes more robust in China, many more consumers are expected to begin participating in mobile commerce. New marketing solutions may make it easier for retailers to connect with consumers. Through mobile marketing, these companies can offer consumers better deals and shopping opportunities that they may not have had access to in the past.

WeChat is leading the way in mobile commerce

WeChat app may soon compete directly with Facebook

WeChat is beating Facebook’s WhatsApp when it comes to mobile commerce, and the app may soon be coming to the United States in order to better compete. WeChat is a messaging application in China owned by Tencent. While those living outside of China have knowledge about the application, it is quickly gaining popularity as more consumers become exposed to mobile commerce. Facebook already has the backing of a massive consumer base, but it continues to struggle to find traction in the mobile commerce space.

What WeChat lacks in membership, it makes up for in mobile payments

WeChat has been operating in the Chinese market for some time. The app currently has more than 600 million users, though WhatsApp boasts of 900 million. Despite the major difference in users, WeChat has a comprehensive business model in place. The app pulls in some $4.2 billion in annual transactions, as it also acts as a mobile commerce platform for those interested in shopping online. Expanding into new markets will provide WeChat with access to even more consumers that want to use their devices to make purchases.

WeChat is making moves to expand into new markets

Mobile Commerce - MessagingRecently, WeChat invested some $50 million into Canadian messaging app Kik, which highlighted the company’s intentions to begin exploring other markets. While WeChat is showing interest in new markets, it has yet to enter into these markets. As such, there is little consumers interest in the app, even with the demand for new mobile commerce services growing at an exponential rate. In order for WeChat to compete effectively, it will have to take steps to tailor its services to a western audience.

Messaging apps could be the key to the continued expansion of mobile commerce

Messaging apps are beginning to play a major role in the mobile commerce space. These applications now do more than simply allow users to communicate with one another, as they can also be used to send money to friends and family. The apps can also be used to make payments over a mobile network, something that consumers are becoming very interested in.