Posts tagged mobile commerce

3 Trends Shaping Mobile Commerce
Jul 22nd
A new study finds 32% of all online purchases are made over mobile devices.
Businesses in a variety of industries are looking for solutions to help them segue into the mobile-dominated world.
Mobile technology developments have steadily been increasing over the past few years, and several small businesses are making mobile commerce their number one priority. Small businesses are implementing various tactics to transition into the mobile world.
1. Small Business Mobile Adoption Increasing
According to Drew Lewis, who runs marketing and management for Leaf, “With the ever-growing adoption of PayPal, Square and other big players, we are beginning to see mobile commerce alternatives find their way into the hands of small businesses.”
Other marketing experts and leaders in the industry spoke up about the current mobile commerce trends and how it will shape the landscape and the things companies are doing to stay in the game. One main trend was the rapid rate in which small businesses were increasing the adoption of mobile technology. This presents a huge opportunity for SMBs to connect with their customers where they are 24/7.
2. Optimized POS Experiences
James Van Arsdale III, director of user experience for commerce solutions provider WebLinc, said that a company’s ability to optimize the customer experience across all channels will drive its m-commerce (mobile commerce) to success, no matter whether they are dealing with emails, social media, websites, or something else entirely.
Major retail companies have begun to adapt to the new age of mobile commerce, by introducing point-of-sale devices (POS) in their stores, which often correspond with apps and make transactions simpler for customers. Many are even using tablets and smart phones in their stores to take orders, ring up purchase, accept payments, scan member cards and more.
3. Branded Mobile Apps
Another way small businesses are adapting to mobile commerce is through branded mobile apps. These apps drive customer engagement and sales, but do have a downside if developed incorrectly – often the cost outweighs the benefits when it comes to conversion rates. As mobile apps continue to rapidly improve and decline in cost to develop from using services like Bizness Apps — more and more small businesses will look to create branded mobile app offerings for customers to quickly make purchases from their devices.
In addition, mobile analytics firm Flurry measured overall time spent on U.S. iOS and Android devices to find that app usage now takes up 86% of mobile time spent. That’s up from an 80% share in 2013. Growing app usage comes at the expense of the mobile Web, which now makes up just 14% of mobile time spent. In total, the average U.S. mobile user spent 2 hours and 42 minutes per day on their device.
Mobile commerce is quickly changing the way customers interact with every business of every size. In today’s world not going mobile is simply not an option. Small businesses should always adapt and change to their customers needs, which now require mobile optimized experiences more than ever.
4 Mobile Commerce Facts that Will Make You Want In
Oct 7th
Mobile commerce may seem like a cool extra channel for generating sales, until you learn more about it. Then you see that it’s quickly becoming the main channel for generating sales online and connecting with customers. In fact, if trends continue, there may come a day when m-commerce is referred to more simply as just “commerce.”
Okay, that’s overselling it. But m-commerce is a big deal, and we’ve got four facts to back that claim up. Read on, but be warned – once you hear more, you’re going to want in. The opportunities are just too darn tasty.
1. Mobile commerce will reach almost $40 billion by the end of the year
Wow. Is that for real?
Yes. Yes it is.
Mobile commerce is a massive, booming market, and it’s increasing all the time. If your business doesn’t have a piece of it, you may be losing total market share as others arrive to the party ahead of you.
And it’s a pretty big party.
2. Everyone has a mobile device
And not just that, a huge amount of people have smartphones (roughly half of adults in the U.S.). This means that you’re not addressing a small slice of the market when you invest in m-commerce, you’re addressing the majority of the market.
Again, these trends show that m-commerce is not an extra, supplemental channel for producing sales, but one that is fast-becoming the central channel in the digital marketplace. Of course, not all products and industries are impacted by this fact equally, but if you haven’t checked out the data for your business recently, it’s high time you did.
3. If you offer “store mode,” customer engagement increases fivefold.
Yep, engagement is five times higher if your app has store mode. Even when people visit your location in person, they’re still visiting you on mobile. You just can’t get away from it. It’s everywhere. Literally. But there’s good news:
It’s a huge opportunity!
If your customers love mobile, then it pays for you to love mobile as well. And facts like this show just how much it pays. Your mobile dollar can go very far indeed.
4. Some shoppers only use mobile devices
This is the most compelling fact, in our opinion. Some shoppers can’t be reached on desktop devices anymore – they only connect via mobile. If you haven’t gone mobile, these customers are simply on another planet from you.

4 Mobile Commerce Facts that Will Make You Want In
Sep 26th
Mobile commerce may seem like a cool extra channel for generating sales, until you learn more about it. Then you see that it’s quickly becoming the main channel for generating sales online and connecting with customers. In fact, if trends continue, there may come a day when m-commerce is referred to more simply as just “commerce.”
Okay, that’s overselling it. But m-commerce is a big deal, and we’ve got four facts to back that claim up. Read on, but be warned – once you hear more, you’re going to want in. The opportunities are just too darn tasty.
1. Mobile commerce will reach almost $40 billion by the end of the year
Wow. Is that for real?
Yes. Yes it is.
Mobile commerce is a massive, booming market, and it’s increasing all the time. If your business doesn’t have a piece of it, you may be losing total market share as others arrive to the party ahead of you.
And it’s a pretty big party.
2. Everyone has a mobile device
And not just that, a huge amount of people have smartphones (roughly half of adults in the U.S.). This means that you’re not addressing a small slice of the market when you invest in m-commerce, you’re addressing the majority of the market.
Again, these trends show that m-commerce is not an extra, supplemental channel for producing sales, but one that is fast-becoming the central channel in the digital marketplace. Of course, not all products and industries are impacted by this fact equally, but if you haven’t checked out the data for your business recently, it’s high time you did.
3. If you offer “store mode,” customer engagement increases fivefold.
Yep, engagement is five times higher if your app has store mode. Even when people visit your location in person, they’re still visiting you on mobile. You just can’t get away from it. It’s everywhere. Literally. But there’s good news:
It’s a huge opportunity!
If your customers love mobile, then it pays for you to love mobile as well. And facts like this show just how much it pays. Your mobile dollar can go very far indeed.
4. Some shoppers only use mobile devices
This is the most compelling fact, in our opinion. Some shoppers can’t be reached on desktop devices anymore – they only connect via mobile. If you haven’t gone mobile, these customers are simply on another planet from you.
Mobile Commerce is Everywhere
Sep 9th
Think mobile commerce is a niche market? Then consider this: mobile commerce sales are expected to hit almost $40 billion this year, after growing roughly 55% when compared to 2012. If that’s a niche, the word needs to be redefined.
The fact is, mobile commerce has become an absolutely massive part of society. Here are three observations that show just how far mobile commerce has come:
Mobile will be more popular than desktop by the end of 2013
The trendline has shown that this day would come eventually, and it is now expected to arrive by the end of the year. Digital media, comprised of mobile and desktop segments, is the most popular media channel. It commands roughly 43% of all media time. The breakdown of this segment into mobile and desktop usage has historically had desktop in the lead. But by year’s end, this number will finally break down into 19.4% on mobile and 19.2% on desktop.
The winner, and new heavyweight champion of the world? Mobile.
The reaching of this tipping point is less of a revolution and more of a coronation, due to the fact that mobile has been increasing steadily in popularity for years now. With mobile finally taking the lead, there will be no denying that a business’s implementation of a mobile strategy is critical. For that reason, mobile apps, websites, and promotions will all continue to move into the forefront of a business’s interaction with consumers.
To learn more about entering the world of mobile solutions, click here.
Millions can make a mobile purchase, and some are only using mobile to research purchases
More than half of adults in America own a smartphone. Therefore, millions of consumers can make purchases using their mobile device. In fact, some enjoy mobile commerce so much that they no longer bother with their desktops at all. But this number is only a small slice, right? These people are weirdos, right?
Wrong. They’re a third of online shoppers!
That’s right, a third of online shoppers research purchases exclusi¬¬vely on their mobile devices. This means that if your business is ignoring m-commerce, you automatically miss out on a huge chunk of customers. Why start out so far behind? Why limit your business to an ever-decreasing segment of the market?
It’s just bad business.
Even in-person sales use mobile technology
More than half of shoppers pull out their mobile device when headed to a store or even inside it. Many shoppers are researching price, features, availability, promotions, and the competition’s offerings. In many cases, if your business isn’t mobile, they’ll likely head elsewhere – even if they’re already in-store. As a result of the mobile commerce boom, customers simply have come to expect a business to be available through their mobile device. If it isn’t, they find a business that is.
The numbers don’t lie. Embrace mobile commerce today!

The Lowdown on “Mobile Shopping”
May 23rd
If you’re a small business owner, you may dread the moment when a shopper pulls out their phone in the middle of your store to check on competing prices or other things, but we’ve got some good news:
It can actually help your sales!
Recent research compiled by the Google Shopper Marketing Agency Council has revealed a number of trends that can help turn a cause for concern into an area of opportunity. Their research report provides highly useful insights into the most common behaviors of “mobile shoppers,” as well as practical tips regarding how retailers and others should tailor their mobile offerings in light of the findings.
In order to make the GSMAC’s report easily digestible, we’ve broken up our thoughts into two simple sections:
1. What “Mobile Shoppers” Do In-Store (and Before)
2. How to Make the Most of “Mobile Shoppers”
You may be wondering how common “mobile shopping” is, or even what it is. Let’s back up for a moment.
Essentially, mobile shopping is the use of a mobile device to assist with a purchase decision or related activity, or even to make the purchase itself. It’s something almost all of us have done at one point or another. In fact, about 80% of smartphone owners use their device to assist with shopping at least once each month, and about 17% are heavy users that do it once a week. In addition, 80% of smartphone shoppers will use a device while in store.
Best of all? Frequent mobile shoppers purchase about 25% more stuff! Store owners, rejoice!
So, what exactly are those mobile shoppers getting up to on their devices, and what should you do about it?
What “Mobile Shoppers” Do In-Store (and Before)
“Mobile shopping” is on the rise (mobile shopping is the use of a mobile device to do shopping-related activities), and mobile shopper activities present huge opportunities for small business owners. There are many tasks included under the umbrella of mobile shopping, however, so it pays to break things down.
To begin, as demonstrated in research compiled by the Google Shopper Marketing Agency Council, 90% of “smartphone shoppers” use their phones for a number of pre-shopping activities before they get to a store. Here are the most common tasks, sorted by popularity:
• 58% get directions to a store
• 57% get store hours
• 44% compare prices
• 44% find promo offers
• 43% browse products
• 32% find out where specific products are sold
• 31% learn more about products
• 31% see if a particular item is in stock at a location
• 30% read product reviews
• 19% make a purchase
Just getting to the store is the first thing on everyone’s mind, followed by pricing information, and then product info. This breakdown is critical to remember when it comes time to design your mobile strategy. Your address, a map, or a link to directions is a great first item to display on your business’s app. Chances are, it’s what your visitors are looking for.
Okay, so what happens after they find your store?
Once mobile shoppers reach a store, 84% will fire up their device again, and use it for 15 minutes, on average. About 33% will even use their device over asking for help! Most mobile shoppers are using their phones because it saves “time,” “money,” and “makes life easier,” in that order.
The leading in-store task?
You guessed it: price comparison!
Price comparison is most common for big-ticket items (e.g. appliances and electronics), while it isn’t done as frequently for inexpensive items such as groceries. Other popular activities break down a bit differently, depending on the type of product the shopper is looking for:
• Apparel. Price comparison is first, followed by promotional offer searching.
• Electronics. Price comparison is by far the most popular activity. Reading product reviews is also big.
• Appliances. Price comparison is again the most popular activity, but learning about products is important, as is promo offer searching.
• Health and beauty / household products. Price comparison is in the lead, quickly followed by browsing for store information.
The heaviest mobile shoppers will then go on to spend from 25-50% more than non-mobile shoppers, depending on what type of products they’re shopping for.
How to Make the Most of “Mobile Shoppers”
As we mentioned, people mainly want price information when doing mobile shopping in store. What does that mean for you?
• You need prices to be visible. Your business’s app should allow people to find product prices easily.
• You need prices to be competitive. This may mean a prominently featured price-matching policy. If you prefer not to compete head-to-head on prices, you can always offer unique package deals that are harder to compare.
• You need to make the in-store experience valuable. With everyone comparing everything electronically, it helps to offer something special at your store that helps tips the scales in your favor.
• You need to embrace technology. Using QR codes or other mobile-enabled strategies will help you stay on top of mobile shopping at your location.
• You need to know what people see. Google your products on a mobile browser. Check for deals. Review the competition. Be aware of what your customers are seeing and adapt to stay competitive.
The last one is the most important one. You’ll be the best judge of the proper strategy for your business, but you can’t figure it out if you aren’t paying attention. Stay aware and you’ll be ahead of most competitors. With the vast majority of shoppers using mobile devices and with mobile shopping becoming more popular by the day, it’s just too big to avoid at this point.
So, those are a few simple facts and tips, courtesy of the folks at the Google Shopper Marketing Agency Council. We hope this post has intrigued you and inspired you to dive in to the mobile world. Those businesses that ignore it are at risk for losing serious ground to the competition.
For those who explore it, however, opportunities abound.
M-Commerce Stats & Opportunity
Apr 6th
Mobile Commerce and Engagement Stats
- 47% of consumers confirm they use their smartphone to search for local information, such as information about a local store they want to visit. 46% of consumers look up prices on a store’s mobile site, and 42% check inventory prior to shopping in the store (Source: Local and the e-tailing group, 2012)
- Nearly two of three shoppers use at least one device to research and purchase while shopping, and 28% use two devices at a time. More than one in three shoppers made at least one purchase with their mobile devices during the past six months, and tablet shoppers have an even higher propensity to make a purchase on the device, with one in four having purchased six times or more in the past six months (Source: Local and the e-tailing group, 2012)
- The number of US mobile phone owners who have used 2D barcodes in the past 3 months increased from 1% in 2010 to 5% in 2011 and reached 15% among smartphone users (Source: Forrester, 2011)
- 62% of shoppers search for deals digitally for at least half of their shopping trips (Source:GMA/Booz & Company Shopper Survey)
- 50% of U.S. cellphone users have smartphones (Source: Nielsen, 2012)
- 55 percent of consumers express an interest in mobile coupons but only 10 percent have actually received one from a merchant (Source:Mercator Advisory Group, 2012)
- 66% of Americans ages 24-35 own a smartphone (Source: Nielsen, 2012)
- 18 percent of consumers have redeemed a mobile coupon in the past 90 days (Source: Mobile Audience Insights Report from JiWire, Feb 2012)
- 21 percent of consumers search for a coupon on their mobile device while in a store (Source:Mobile Audience Insights Report from JiWire, 2012)
- 80 percent of mobile users prefer locally relevant advertising and 75 percent are more likely to take an action after seeing a location-specific message (Source: Mobile Audience Insights Report from JiWire, 2012)
- 52% of adult cell phone owners use their devices while in a store to get help with purchasing decisions (Source: Pew American & Internet Life Project, 2012)
- 1.2 billion apps were downloaded during the holiday week between December 25-31 (Source: Flurry, 2011)
- On Cyber Monday, 10.8% of people used a mobile device to visit a retailer’s site, up from 3.9% in 2010. Additionally, mobile sales grew dramatically, reaching 6.6% on Cyber Monday versus 2.3% in 2010 (Source: IBM’s fourth annual Cyber Monday Benchmark, 2011)
- Sixty-five percent of mobile users said they used their mobile device to find a business to make an in-store purchase (Source: Google, 2011)
- Forty-three percent of mobile shoppers have downloaded a retail app (Source: Retrevo, 2011)
- Approximately 52 percent of smartphone users will use their device to research products, redeem coupons and use apps to assist in their holiday gift purchase (Source: Acquity Group, 2011)
- Sixty-seven percent of consumers plan to make a purchase via mobile this holiday season (Source: PayPal, 2011)
- As of 7pm ET on Black Friday, the number of consumers using a mobile device to visit a retailer’s site was holding firm at 17.04% (Source: IBM Smarter Commerce, 2011)
- As of 7pm ET on Black Friday,the number of consumers using their mobile device to make a purchase was holding steady at 9.51% (Source: IBM Smarter Commerce, 2011)
- For Black Friday sales, iPhone continued to lead all mobile device traffic at 6.58 %, followed by Android at 5.20% and iPad at 4.71% (Source: IBM Smarter Commerce, 2011)
- In terms of the types of information mobile users will be looking for via their devices this holiday season, 31 percent said they will look for updates on sales and promotions, 27 percent will look for local store hours and directions, 26 percent will seek out product information and availability, 26 percent will be interested in product photos, 18 percent will search for official retailer apps and 17 percent will use mobile for customer support. (InMobi Holiday Mobile Shopping Study)
- 29 percent of users will look to mobile devices to learn about new products or services, 27 percent will use their handset when making a purchasing decision and 15 percent of shoppers will use their mobile device to make a purchase while in a store this holiday season. (InMobi Holiday Mobile Shopping Study)
- Not only will consumers use mobile to research products but, over 21 million, or 36 percent, plan to make purchases directly from their mobile devices. (InMobi Holiday Mobile Shopping Study)
- Approximately 45 percent of mobile users plan to compare prices via their handsets during their Thanksgiving weekend shopping, up from 22 percent in 2010 (InMobi Holiday Mobile Shopping Study)
- The percentage of shoppers buying from their mobile phones is expected to rise to 15% in November, compared to 4.5% in last year’s holiday season, and less than 1% in 2009. In October, 9.6% of online shoppers made purchases through their mobile devices, up from 3.4% a year earlier. (IBM Coremetrics Forecast, 2011)
- 67% of consumers will use their smartphones to find store locations, 59% to compare prices, 51% to obtain product information, 46% to check product availability, 45% to read reviews, 45% to shop online, 41% to find and use coupons, 40% to scan bar codes, and 35% to access social media (Source: Deloitte’s 2011 Annual Holiday Survey)
- 27% of smartphone owners will use their devices for holiday shopping this year (Source: Deloitte’s 2011 Annual Holiday Survey)
- More than 60 percent of mobile buyers will make mobile purchases while at home (Source: Ipsos and PayPal Survey, 2011)
- At least 46 percent of consumers plan to make mobile purchases this holiday season (Source: Ipsos and PayPal Survey, 2011)
- 53% of the “on-the-go” U.S. audience is willing to exchange their location in exchange for more relevant content and better information, including mobile deals (Source: JiWire, 2011)
- More than 33.3 million U.S. consumers already engage in shopping-related activities on their mobile phones, 7%, or 2.3 million, of those consumers have made a purchase on their devices, the report finds (Source: research firm Experian Simmons, 2011 Mobile Consumer Report)
- 24% of U.S. adult online iPhone users and 21% of Android users have used a shopping application in the past three months (Source: Forrester, 2011)
- Nearly half of consumers (47%) have accessed customer reviews in store using their mobile device with men (55%) more likely to access these reviews in store than women (39%) (Source: Shop.org, comScore and Social Shopping Labs, 2011)
- 41% of smartphone owners have made a purchase from their mobile phone. Of those, 16% bought apparel; 15% food and beverages; 11% toys and games; 11% electronics; 8% home goods; 4% sporting goods; 4% books; 3% jewelry; and 8% other products (Source: Chadwick Martin Bailey, 2011)
- 46 percent of consumers have used their phone to get product information while in a store (Source: Briabe Media, 2011)
- 56 percent of people believe mobile can make the shopping experience more enjoyable (Source: Lightspeed Research, 2011)
- 58% of mobile shoppers are age 18-34 and 34% of mobile shoppers make $100,000 or more a year (Source: comScore/Millennial Media Mobile Retail Study, 2011)
- 13.1 million consumers access retail content via mobile phones with 8.2 million of those visiting mobile commerce websites (Source: comScore/Millennial Media Mobile Retail Study, 2011)
- 67 percent of retailers see value of having customers use their smartphones within the store and 41 percent said they perceive a lot of value in mobile in-store (Source: RSR Research, 2011)
- 31 percent of consumers research a product on their mobile device before buying it in-store, while 40 percent of consumers research a product from their smartphone before purchasing it online (Source: JiWire Mobile Audience Insights Report Q1 2011)
- Retailers plan to spend $220.9 million this year on mobile (Source:Shop.org and Forrester Research report, 2011)
- It is predicted that U.S. mobile shopping sales volume will reach $9 billion in 2011 (Source: InMobi study, 2011)
- 74 million consumers in the United States already shop from their mobile devices (Source: InMobi study, 2011)
- 78 percent of retailers plan to invest in mobile this year (Source: The E-tailing Group Inc, 2011)
- 59% of consumers use their phone to perform mobile shopping activities from home while 28% use their phone in the retail store to perform mobile shopping activities (Source: 2011 Experian Study)
- 47% of consumers who have made a mobile transaction in the past year expect the experience on their mobile devices to be better than the experience in-store, 80% expect the experience to be better than or equal to in-store and 85% expect the experience to be better than or equal to online using a laptop or desktop computer (Source: Harris Interactive & Tealeaf Survey, 2011)
- Within the 49% of mobile users who have made a mobile purchase in the last six months, 84% look for local retailer information, 82% find online retailers, 73% find a specific manufacturer or product website, 71% learn about a product or service after seeing an ad, 68% find the best price for a product or service, and 63% search before purchasing in a store or from a catalog (Source: Performics 2011 Mobile Search Insights Study, conducted by ROI Research)
- 75% of heavy mobile users said mobile search makes their lives easier, 63% said access to mobile search has changed the way they gather information, and 32% said they use mobile search more than search engines on their computers (Source: Performics 2011 Mobile Search Insights Study, conducted by ROI Research)
- Over 70% of iPhone owners report using applications or their smartphone’s web browser to help them while shopping in-store, and 41% are making purchases directly from their phones (Source: Chadwick Martin Bailey and iModerate Research Technologies, 2011)
- 48% of consumers conceded they use their mobile devices to look up product ratings or to find promotions (Source: Oracle, 2011)
- 49% of consumers who use the mobile web at least once a week made a purchase on their mobile device in the past six months (Source: ROI Research Inc., 2011)
- In 3 years, it is predicted that 24% of retailers will have annual sales of 15% or greater coming from their mobile channel (Source: RSR Research, 2011)
- 51% of consumers say they have made a mobile payment within the past 3 months and 82% see themselves making one within the next year (Source: Mobio Identity Systems Inc. Report, 2011)
- 78-84% of consumers now rely on their social networks when researching new products (Source: IBM Report, 2011)
- 62% of smartphone users said they have purchased physical goods from their mobile devices in the last six months (Source: Adobe Survey, 2011)
- Among smartphone owners, 48 percent prefer to visit a retailer’s mobile website and 38 percent prefer a mobile application (Source: InsightExpress, 2010)
- By 2015, it is predicted that mobile shopping will account for $163 billion in sales worldwide, 12% of global ecommerce turnover (Source: ABI Research, 2010)
- Mobile alerts drive 1 out of 3 recipients in-store and 27% of those make a purchase (Source: Harris Interactive survey commissioned by Placecast, 2010)
- The mobile retail market is predicted to exceed $12 billion by 2014 (Source: Juniper Research, 2010)
- 73% of companies are planning an investment in mobile channels in 2011, with almost half planning to move into mobile commerce (Source: Econsultancy’s Customer Engagement Report)
- 69% of retail executives said mobile is an important strategic initiative (Source: NRF 2010)
- Mobile commerce showed 86% year-over-year growth from 2010 to 2011 (Source: Appcelerator and IDC as reported by Mobile Commerce Daily)
- Mobile barcode scanning increased 1,600% in 2010 (Source: Scanbuy as reported by Mobile Commerce Daily)
- Consumers are 51% more likely to purchase from retailers that have mobile-specific websites (via Mobile Shopper session at NRF 2011)
- 79% of smartphone users found it useful to download mobile coupons to their phones (Source: Accenture, reported by Internet Retailer, 2010)
- 73% of consumers find it useful to receive an instant coupon as they pass by an item in a store (Source: Accenture, reported by Internet Retailer, 2010)
- 56% of shoppers with smartphones believe using their phone during the shopping experience will make it more enjoyable (Source: Accenture, reported by Internet Retailer, 2010)
- US mobile commerce sales predicted to reach $3.4 billion this year (Source: ABI Research, 2010)
- 73% of shoppers with smartphones prefer to reference their mobile device while in-store rather than ask a sales associate for help (Source: Accenture, reported by Internet Retailer, 2010)
- 37 percent of smartphone owners purchased items from their mobile devices in 2009 (Internet Retailer, 2010)
- Nearly 50% of smartphone owners use (or plan to use) their phones for mobile shopping (ABI Research, 2010)
- 27% of American adults who have a smartphone are expected to use mobile devices for holiday shopping this year (NRF 2010 Report)
- 4% of Cyber Monday was done off of a smartphone (Coremetrics, 2010)
- 36% of holiday shoppers are using their mobile device for shopping-related activities this holiday season (Price Grabber Survey, 2010)
- Mobile commerce activity has increased 13%, up from 10% in 2009. 13% of consumers purchase products, 22% of consumers check prices and 21% research products from their smartphones. 22% of consumers expect to purchase items from their mobile phones in the next 12 months. (Experian’s 2010 Holiday Marketer Report)
- Mobile transactions will quadruple this year to $16 billion in the U.S. Market (Aite Group, 2010)
- Nine in ten young adults aged 18 to 29 own a cell phone, and 20% of these make purchases from their mobile phones (Mobile Access 2010 Report, Pew Internet & American Life Project)
- By 2015 consumers will spend about $119 billion on goods and services bought via their mobile phones. U.S. mobile shopping rose from $396 million in 2008 to $1.2 billion in 2009. Forcasted to reach $2.2 billion in 2010. (Mark Beccue, senior analyst at ABI Research, reported by Internet Retailer, 2010)
- 39.1% of companies named attracting more visitors and shoppers and generating more sales as their primary mobile commerce goals, followed by 13.5% that wanted to increase sales conversions, 12.8% who wanted to improve marketing and merchandising, 12.2% wanting to increase multichannel sales, and 10.1% aiming to amp up customer service relations (Internet Retailer, 2010)
- 71% of Generation Y respondents (approximately 16-31 years old) said they use mobile coupons to get e-commerce discounts (Cognizant Technology Solutions and RIS News, 2010)
- Approximately a third of consumers prefer an app to the mobile browser for their mobile retail experience. 37% of consumers prefer purchasing a product from an app than from the mobile web, 35% prefer viewing visual information from an app, 38% prefer checking order status from an app, and 39% prefer sharing product information with friends from a downloadable app (Adobe Systems Survey conducted by Keynote Systems, 2010)
- 62 percent of consumers use their smartphones to search for a store location or directions, 40 percent search for price and product information, 38 percent check the status of an order, and, while in store, 32 percent browse product reviews (2010 IDC Survey)
- 47 percent of mobile phone users say they are more likely to buy clothing and shoes from a mobile commerce site if the retailer has one enabled, but only 1.61 percent of clothing and shoe retailers have implemented a mobile strategy (Brand Anywhere and Luth Research, 2010)
- In the online apparel, accessory and footwear market, 1.9 percent of traffic and 1.8 percent of revenue came from the mobile channel (Forrester Research and Shop.org, 2010)
- U.S. online sales of apparel, accessories and footwear was $27 billion in 2009 and was predicted to grow 17% in 2010 meaning that sales would reach $31 billion this year. The apparel category is expected to grow larger than all other online retail sales over the next several years (Forrester Research, 2010)
- 43% of iPhone users want to make mobile transactions from their phones (Yankee Research Group, 2010)
- Mobile commerce sales will reach $23.8 billion in 2015 (Coda Research Consultancy, 2010)
Mobile Industry Stats
- By 2015, 81% of U.S. cell users will have smartphones (Source: Goldman Sachs, 2011)
- Android expected to have 31pc market share by 2016 (Source: IDC, 2012)
- 53% of American consumers use their smartphones to access search engines at least once a day (Source: Google and Mobile Marketing Association Survey)
- Globally, 80% of consumers have used computers to access the Web within the previous seven days. Sixty percent used their mobile devices to do so (Source: Google and the Mobile Marketing Association Survey)
- By the end of 2011, Android is predicted to have nearly 40% of the total global market share, with Symbian at just over 20%, the iOS platform with 16% and RIM 14.9% (Source: IDC 2011 report)
- US mobile subscriptions officially crossed the 100% penetration mark in Q4 2010 (Source: Chetan Sharma Consulting)
- The smartphone market is now larger than the PC market. Smartphones outsold PCs in Q4 of 2010 101 million to 92 million (Source: IDC)
- Smartphones and tablet computers will increase mobile Web traffic by 26 times during the next four years (Source: Cisco Systems, 2011)
- 86% of mobile internet users use their mobile device while watching TV with 37% of those browsing the internet for non-related TV material (Source: Yahoo, 2011)
- The number of Smartphone users worldwide is predicted to exceed 1 billion by 2014 (Parks Associates, 2010)
- 25% of US mobile web users only access the web from their mobile phones (Source: On Device Research, 2010 as reported by MobiThinking)
- It is predicted there will be 80 million new smartphone users in 2011 added to the already existing 60 million consumers who already own one (Nielsen, 2010)
- It is expected that half of the US population will use a Smartphone by the end of 2011 (Asymco.com, 2010)
- More than 65 million smartphones are to ship in 2010 in North America (Canalys, 2010)
- Mobile is predicted to be bigger than internet in 5 years (Morgan Stanley, 2010)
- 74 percent of online retailers have already, or are currently, developing a mobile strategy (Forrester Research study produced in conjunction with Shop.org, 2010)
- The number of available mobile retail applications has increased 350% from 2009 to 2010 (Acquity Group)
- 7% of Internet Retailer’s Top 500 e-retailers have downloadable mobile apps available to consumers (Internet Retailer, 2010)
- 44% of retailers plan to enable a mobile app in 2010 (Forbes Insights)
- Apparel, accessory and footwear retailers plan to spend an average of $65,000 on mobile this year (Internet Retailer, 2010)
- BlackBerry, iPhone and Android devices will account for over 80% of smartphones shipped in the region this year (Canalys, 2010)
Source: http://www.digby.com/mobile-industry-resources/mobile-industry-statistics/