New shopping startup could make mobile shopping easier
Numerous companies are trying their hand in the mobile commerce market, but few are taking steps to introduce more convenience to this space. Mobile payments have become quite popular because of their convenient nature, but one company wants to take this convenience to a new level. Curbside, a shopping startup backed by $9.5 million in seed and Series A funding, aims to make the mobile shopping experience easier for consumers.
Curbside partners with retailers to make it more convenient for consumers to shop online and pick up products
Curbside plans to facilitate mobile shopping through its retail partners, of which Target is included. The Curbside application can be used by consumers to shop from an existing inventory provided by the company’s retail partners. Products can be purchased directly through the app, and Curbside will pick up these products so they can be retrieved by the shopper on the same day. The app uses geolocation technology to alert retailers where a customer has arrived at a store. Retail associated will then deliver purchased products directly to a consumer’s vehicle.
Retailers have had trouble engaging mobile shoppers in the past
Curbside may be a good way for retailers to engage mobile consumers more effectively. The convenience that the service offers is expected to be well received among consumers, but Curbside is currently only available in a very limited area. In partnering with Target, the company hopes to begin expanding more quickly in the coming years.
Retail industry must adapt to the interests of mobile consumers
Mobile commerce has become a powerful force in the retail industry. Many retailers are trying to engage the growing number of mobile consumers that want to make use of services that are specifically designed for their smartphones and tablets. This has proven to be a difficult task, however, and many retailers have had trouble engaging mobile consumers effectively. Companies like Curbside could be a major benefit for the retail industry, providing them a way to connect with mobile shoppers without having to develop a completely new mobile commerce solution.
Retailers may need to optimize their mobile sites if they want to engage consumers effectively
NetElixir has released a new report concerning mobile shoppers and their proclivity to purchase products online. Mobile commerce has become a powerful force in the retail industry, but not all retailers are taking steps to ensure that they are engaging consumers effectively. Many retailers have poorly optimized websites, which make it difficult for mobile shoppers to actually spend any money while they are shopping. If retailers cannot take mobile consumers seriously, they could be missing out on a major opportunity.
Smartphone conversion on optimized sites is 160% higher than on non-optimized sites
According to the report from NetElixir, conversion rates for smartphone users on sites that are optimized for mobile devices is 160% higher than conversion rates for shoppers on non-optimized sites. Websites that are optimized for mobile devices are easier for consumers to navigate when they are shopping on a smartphone or tablet. It is also easier for consumers to finalize a payment through such websites, whereas consumers often abandon their purchases on non-optimized sites due to frustration.
Smartphone users are also willing to spend more money on optimized sites
The report also shows that consumers are more willing to spend money on optimized sites. Mobile shoppers spent an average of 70% more money on a mobile optimized site than on non-optimized sites. Smartphone users are also spending more money than those shopping from a PC or laptop, according to the report. Impulse purchases may be part of the reason behind this, as mobile shoppers are more inclined to make a seemingly spontaneous purchase than those shopping on a PC or laptop.
Retailers could miss out on holiday season opportunity if they do not optimize their websites
If retailers choose not to optimize their sites for mobile consumers by the holiday season, they could miss out on a significant revenue opportunity. Over the past few years, mobile commerce has flourished during the holiday season. Retailers that were able to effectively engage mobile consumers found a great deal of success, while those that ignored mobile consumers did not.