Tag: e-commerce

Report shows that mobile commerce is growing throughout the world

| July 9, 2015

Mobile is driving the growth of  the global e-commerce market

Deloitte and Assocham have released a new study that predicts that mobile commerce will reach $638 billion by 2018. The global e-commerce space is growing quickly, with mobile consumers playing a more active role in purchasing products online. Several retailers are finding more success by engaging these consumers, offering them ways to purchase products in an enjoyable fashion on their mobile devices. The mobile space is expected to generate more growth in the e-commerce space in the coming years.

Retailers are seeing a growing portion of their revenue come from mobile commerce

Companies like Flipkart, Amazon, and Jabong are finding a greater portion of their revenue is coming from mobile commerce. For some, as much as 50% of their online revenue is now being generated by the mobile space. As these retailers engage mobile consumers more aggressively, the amount of revenue that merchants generate from the mobile space is likely to increase. Providing consumers with an enjoyable and convenient mobile shopping experience is one of the factors that will have a major impact on whether or not consumers make purchases through their smartphones.

Wearable technology could aid in the adoption of mobile commerce

Mobile Commerce Growing WorldwideWearable devices are expected to play a role in the growing prominence of mobile commerce, as well. New devices, such as Google Glass and the Apple Watch, are likely to make it easier for consumers to make purchases in physical stores. While not all wearable devices have mobile commerce capabilities, those that do are providing retailers with a way to support  mobile transactions in their physical stores.

Electronic markets are gaining more support from retailers that want to engage in the digital space

Electronic marketplaces are becoming a more attractive solution for retailers. The logistical challenges associated with holding inventory in physical stores and juggling these challenges with the global supply chain can be an expensive problem for merchants. Electronic marketplaces can mitigate these costs and make it easier for retailers to serve mobile consumers that are interested in shopping online with their smartphones and tablets.

Wearable devices may be eBay’s next big boom

| June 17, 2015

Wearables are gaining ground with eBay

Wearable devices may be the next big thing for eBay. The company has reported that it has seen a major increase in sales following the launch of its first application for the Apple Watch, a new device released by Apple at the end of April. The device has managed to attract a great deal of interest, especially those that have shown favor for mobile commerce, which involves the purchase of products with a mobile device, both online and in physical stores.

Growing number of consumers are showing interest in wearable devices as mobile commerce continues to thrive

eBay has played a major role in the e-commerce world for many years, but the company is beginning to show a greater interest in the mobile space. The growing number of consumers with smartphones has provided eBay, as well as other retailers, with a promising opportunity. Mobile commerce has become a significant force in the world of commerce and many companies are beginning to become mobile-centric in order to cater to the needs of consumers that are interested in mobile shopping.

50% of eBay shoppers purchased from the technology category in 2014

Wearable Devices- eBay According to the report from eBay, more than 50% of its customers bought products in the technology category in 2014. Wearable devices are included in this category and a large portion of shoppers purchased these devices through the e-commerce platform. These devices appear to be particularly popular in Australia, where consumers have become enthralled with the convenient nature of these devices and their ability to perform in the mobile commerce space.

Wearable devices could have a major impact on the growth of mobile commerce

Not all wearable devices are designed with mobile commerce in mind. Some of these devices are developed for the purpose of tracking health information or connecting to social networks. A growing number of these devices are cropping up with the ability to facilitate mobile shopping. In Australia, these devices are becoming more common, which is giving a greater number of consumers the ability to participate in the mobile commerce space.