Mobile Commerce
IBM’s Coremetrics Benchmark report says that mobile retail traffic will more than double this holiday season. During this year’s November holiday season, an unprecedented 15 percent of people in the U.S. logging onto a retailer’s website are expected to do so through a mobile device, says IBM.
Paul Fredrick announced the launch of a smartphone-optimized website that creates a rich and unique mobile shopping experience for consumers whether at home or on the go.
Mobile users will give you a lot of leeway on things like design and user interface. What they don’t have tolerance for? Slower-than-death websites. Users expect your mobile site to load fast — within just a few seconds — which means that you’ll likely need to keep your page weights low.
A recent Retrevo Pulse study asked shoppers about their in-store experiences and how they use their mobile phones when they shop. The findings indicate a change will be necessary in the way retailers accommodate these savvy new shoppers.
Mobile marketing is the hottest buzzword around these days. With consumers using their smartphones to do just about everything, putting your marketing message in their pocket is clearly a good idea. But any time you’re talking about mobile, privacy issues raise their heads. While consumers have clearly shown their passion for discounts and coupons, some of them have concerns about sharing their location in order to get location-based deals sent to their phones.
Findings from a new study won’t do anything to ease the fears of brick-and-mortar retailers that are anxious over losing sales to mobile-empowered shoppers. The survey by consumer electronics site Retrevo.com found that many smartphone owners aren't only using their devices to comparison shop in stores, but end up buying products online elsewhere
overstockArt.com has released third-quarter results for its m-commerce site. The art retailer has seen a nearly 270 percent increase in mobile sales year-over-year, as well as a more that 200 percent increase in mobile site visitors. Its number of mobile sales grew 300 percent an sales on Android devices grew by 100 percent and on iPads 2,500 percent.
This year, the majority of phones sold in the U.S. were smartphones. Last year, smartphones and tablets outsold PCs globally. While it took 15 years for e-commerce to reach 5 percent of retail sales, Hilding Anderson, senior manager of research and insight at SapientNitro, says mobile will be at that level in three to five years.
Consumers throughout the country say that paying with your phone is a little like magic. Just look at the ecstatic reaction on the faces of our friends who made their first Google Wallet purchases on Oct. 13.
Gap claims the increase in shopping on its mobile site is one of the major reasons why it's tripled its online conversions in the last year. The retailer pointed to the important role that mobile plays for the company, saying that online conversion rate lifts can also be attributed to the company’s new mobile commerce platform.