Tag: mobile shopping

Nordstrom mobile commerce drives strong online sales

The luxury department store reported considerable sales increases in this year’s second quarter.

Nordstrom mobile commerce gets the credit for powerful online sales growth for the luxury department store. The company has released its 2016 Q2 earnings report. The report showed strong mobile engagement.

This powerful growth over mobile commerce occurred despite an overall decline in total sales in all channels.

Nordstrom mobile commerce is now outpacing shopping over laptop and desktop computers. In fact, the retailer has credited m-commerce for much of its current online successes. Shoppers using smartphones and tablets played an important role in the quarter’s e-commerce results.

This shift toward mobile shopping did not occur by accident. Nordstrom has been making considerable investments into mobile tools. The company wants customers to be engaged over their mobile devices.

Nordstrom mobile commerce was a high priority in Q2 2016 as the company focused heavily on its app.

Nordstrom Mobile Commerce - Nordstrom StoreThe Nordstrom report revealed considerable insight into the company’s performance during the second quarter. It also underscored the power of mobile shopping as the company placed a focus on its smartphone app.

Among the insight provided in the report was the following:

• Nordstrom saw a year over year decline in total sales. They reached $3.5 billion, which was a drop of 1.2 percent over the same quarter in 2015.
• Total online sales for the company increased by 9.4 percent, year over year. In the second quarter of this year, they reached $683 million.
• Total off-price retail site sales and flash-sale site (HauteLook) sales exploded by almost 35 percent. This was a massive growth over the same quarter in 2015 as it reached $157 million.

The added investment into the Nordstrom mobile commerce app drove performance significantly. The company worked hard to ensure the mobile app would be highly engaging. Among the top features was one that allowed customers shop from specific store locations as well as a visual search function. Co-president and director of the company, Erik B. Nordstrom, explained that this effort was precisely what propelled m-commerce forward and beyond desktop during that quarter. It also explains why the retailer will continue to move in that direction.

PayQwiq mobile payments will launch at Tesco this year

The smartphone transaction service will be rolled out across the United Kingdom before the end of 2016.

Tesco has announced that it will be rolling out its PayQwiq mobile payments service across the United Kingdom. Its services will become fully available now that it has undergone its trials successfully.

This mobile payments service is meant to make it faster and easier for customers to complete the checkout process.

The PayQwik mobile payments service lets consumers link credit and debit cards to the app. With this mobile application, they can pay for items purchased online or in store. To complete the transaction, they must scan QR codes displayed on-screen. The application also makes it possible to collect Clubcard points. Therefore, the points card doesn’t need to be scanned separately.

Until now, the PayQwik mobile payments app was available only in London and Edinburgh.

PayQwiq mobile payments - Tesco StoreMoreover, the mobile app could be downloaded only by those with an invitation. That said, its availability will now be broadening to include consumers at 600 stores throughout those two original cities. Stores in Plymouth and Northern Ireland will also be included in this next wave. The app is compatible with Android and iOS smartphones.

This mobile wallet places Tesco in direct competition with Apple Pay and Android Pay within its stores. That said, the PayQwik mobile wallet functions only within Tesco stores so the competition stops there. Among the main reasons it has an advantage over the competition while in-store is that it lets customers use their Tesco Clubcard within the app.

This is appealing as it doesn’t require people to have to make PayQwik mobile payments only to have to fish a plastic loyalty card out of their wallets. Both types of transaction occur automatically and digitally. All that is required in order to complete both processes is the scan of a QR code.

A spokesperson from Tesco Bank explained: “At Tesco, we are always looking to make the shopping experience simpler and easier for customers and that’s why we’ve developed PayQwiq.” So far, customer feedback on the service has been “very positive,” said the Tesco spokesperson.