Mobile Commerce seems to be going through a growth phase were many new approaches are being tried to see what consumers will like.
Recently venerable American Express partnered with social media powerhouse Twitter to let consumers purchase simply using #hashtags!
Here’s how it works:
While this may sound a bit complex in description, in practice it is simple for the consumer: tweet the hashtag for the product you want, and then tweet the confirmation hashtag. That’s it: no need to enter card information, address information, or product information!
It is still too early to see what will be the consumer reaction and uptake on this new approach to e-commerce. However, there was fairly good response to a similar process that was launched last year which let Amex cardholders buy special discounts which are loaded onto their cards for later use at a specific retailer shop.
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