Mobile commerce revolution
Mobile commerce is a big revolution in e-Commerce and growth in m-Commerce seems unstoppable. In 2013, global mobile retail revenues amounted to 133 billion U.S. dollars and are projected to reach 626 billion U.S. dollars in 2018. Moreover, U.S. mobile retail revenues are expected to amount to 133.35 billion U.S. dollars in 2018, up from 42.28 billion U.S. dollars in 2013 (The statistics Portals).
Mobile is 29% of e-Commerce transactions in the US and 34% globally. By the end of 2015, mobile share is expected to reach 33% in the US, and 40% globally (Criteo.com).
According to criteo.com, U.S. mobile transactions grew 10% in the last 3 months. Growth continues across all retail categories, especially with top quartile retailers. Mobile now generates over 20% of sales in most of the retail verticals below:
Why go mobile?
Consumers are increasingly using mobile devices instead of traditional computers so that it’s time for retailers to think about the the advantages of having their mobile strategies ahead of their competitors. In fact, nearly 8 out of 10 mobile phone searches for local business information result in a purchase, more than PC or tablet. And it matters!
Moreover, It should be noted that in the U.S. and most other countries, smartphones represent more mobile transactions than tablets. It is becoming the dominant mobile channel worldwide. Asia leads the way in smartphone purchases with close to 50% of e-Commerce transactions happening on smartphones. In Western markets, smartphone share has grown over 10% in the last 3 months.
It’s shop mobile, not just online!
It can’t be denied the enormous advantages of shopping online brought to people. Mobile shopping is accessible, affordable and time saving. There are many reasons why customers prefer shopping on mobile devices to traditional ways. The infographic below provides the most updated statistics to prove the customer preference of mobile shopping:
Why mobile shopping apps?
Forbes believes that mobile shopping apps will be the single fastest growing category of mobile applications in 2015. In fact, shopping app sessions have grown steadily at 174% annually since 2013. First and foremost, the exponential growth of mobile usage is a clear indicator how people are interacting online. Second, people are no longer limiting their smartphone usage to the consumption of content – the devices are being used for everything from shopping and moreover.
It’s not much time to consider to have a mobile shopping apps because mobile shopping apps are definitely what you must have right now! Keep updated the trend of the latest mobile commerce technology right now or you will be left behind!
Time and cost are no longer problems right now for every retailers because anyone can research about mobile shopping app builders. However, the most important things is to choose the best one, the most suitable one which meets the specific requirements of business. It’s believed that marketing purpose including attracting more traffics and boosting sales.. is the biggest purpose of every merchants. SimiCart – the best solution for Magento mobile app builder is definitely the best one to build mobile shopping apps, according to many CEO and e-Commerce Directors. SEE THEM HERE!
“25% of our sales this month is from our mobile shopping apps”, said Muhammad, e-Commerce Manager, Janan.co.uk. Firstly, Muhammad built mobile shopping apps merely because he noticed that customers spent more and more time on apps. But now, he has a lot of app users and even attract customers from competitors. SEE HOW?
The post 3 reasons to go mobile with mobile shopping apps appeared first on Mobile Shopping App Tutorials and Tips.