Tag: us mobile commerce

Mobile commerce spending to grow during the holiday season

Online payments to reach $70 billion during the 2015 holiday season

Consumers in the United States are expected to spend a combined $70 billion during the holiday season this year, according to a new report from comScore. This money is expected to be spent at stores like Amazon, eBay, and Walmart, with many shoppers opting to make their purchases online, either from their mobile devices or from their traditional computers. The report from comScore suggests that mobile commerce will have a major role to play this year.

Mobile commerce is growing quickly as consumers become more involved in shopping online

The report shows that online spending will increase by 14% this year over what it was in 2014. While comScore suggests that this is a “marginal” slowdown, it does note that many consumers are beginning to focus on mobile commerce. These consumers are using their smartphones and tablets to make purchases online, which they see as convenient, especially during the holiday season. Retailers have also become more involved in mobile commerce, hoping to engage a new generation of consumers that have become heavily mobile-centric.

Amazon to lead the way in the growth of e-commerce

Mobile Commerce & Online Shopping - AmazonAmazon is expected to lead the way in online purchases, accounting for some 20% of all e-commerce sales this year, according to the report. Walmart and eBay will follow behind, with smaller retailers finding some success by engaging mobile consumers. E-commerce, as a whole, will account for approximately 15% of all discretionary spending during the holiday season. The report from comScore suggests that the e-commerce sector will continue to prove to be more dynamic than the physical space.

Retailers are beginning to prioritize mobile commerce

Mobile commerce is becoming a powerful force in the retail space, driven by the growing number of options that consumers have available to them and the interest that they have in shopping online with their mobile devices. In the coming year, retailers are expected to become more involved in the mobile commerce space, leveraging the power of mobile devices to engage mobile consumers.

Mobile commerce traffic to grow during holiday season

IBM report predicts that mobile traffic will comprise more than 50% of all e-commerce traffic during Black Friday

Many retailers are expected to see a significant increase in mobile shopping during Black Friday this year. IBM has released the latest edition of its Holiday Benchmark Data report, suggesting that mobile traffic will comprise more than 50% of all e-commerce traffic retailers see during the holiday season. Black Friday has been has long been a very important holiday for retailers, but other shopping days have begun to prove more successful, such as Cyber Monday and, more recently, Thanksgiving Day.

Consumers are showing strong interest in mobile commerce

More consumers are beginning to show interest in mobile commerce, believing this to be a convenient and easy way to get their shopping done. According to IBM, many consumers are likely to use their mobile devices to shop around for products that they may be interested in. Retailers may also be able to engage mobile consumers more effectively, as they can shop at any time they want, rather than have to visit a physical store.

Retailers could find more success by engaging mobile consumers

mobile commerce holiday seasonRetailers expecting to see good results during the holiday season may have to ensure that they are prepared to serve mobile consumers. These consumers will be using a range of solutions when participating in mobile commerce, such as new payment and shopping applications. Retailers will also have to ensure that their websites are able to handle a higher degree of mobile traffic. In the past, many consumers have reported problems with completing their purchases using a mobile device. This has lead to these purchases being abandoned and retailers being criticized for their relatively ineffective commerce systems.

Mobile commerce may see some strong growth during the holiday season

Mobile commerce is expected to shine during the holiday season, just as it has done in years past. Consumers are showing interest in mobile commerce because of its convenient nature, but retailers have been relatively slow to adopt new payment systems that cater to the needs of mobile shoppers. If retailers want to see more success, they will have to find ways to effectively engage mobile consumers.