As mobile becomes an increasingly popular channel for purchasing all sorts of goods and services, unfortunately mobile fraud is also rapidly rising.
In 2014, the fraud rate for mobile purchases rose 70% from 2013, reaching a level of 1.36%. And this is despite the fact that more than half of all fraudulent attempts are blocked.
According to the study from LexisNexis, one of the contributing factors is the complexity and variety of alternate payment methods used for mobile commerce. more»
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Every year at this time, we see many lists predicting the hot trends for the coming 12 months.
This year one of the best and most thoughtful lists we’ve seen comes from Golden Gekko, a leading mobile solutions provider in North America and Europe.
Their forecast identifies 10 key trends that will influence and shape the mobile industry in 2015. Our industry continues to evolve at rapid pace, and this list provides a lot of good “food for thought”.
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Last week, Facebook announced it’s testing a new advertising unit in its Marketplace that will feature a “buy now” button in the ad.
It’s no secret that Facebook is a digital advertising behemoth. eMarketer predicts Facebook will serve over 21% of all mobile ads this year, which earns Facebook the number two spot in all digital ad sales, second only to Google.
That being said, Facebook “buy now” ads simply won’t work. Here’s why.
Industry Opinion by David Rekuc, Ripen eCommerce more»
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After many months of speculation and unending rumors, Jeff Bezos, CEO of Amazon, unveiled the Amazon Fire Phone last week.
While the phone has some interesting new features – such as a 3D display and automatic product recognition – the significance is much more likely to be in the impact it has on mobile commerce and mobile retail.
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First device targeted at Mobile Shopping #mobiad " > Tweet |
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Many people in the retail sector have recently become aware of – and worried about – the trend known as “Show-rooming“. This is when a consumer comes to a retail location to look at and try a product before later purchasing the same product online.
Now a new trend has been identified – “Web-rooming”. This is the exact opposite of show-rooming, and in fact appears to be more popular.
This infographic explains the phenomenon, and suggests the best ways for retailers to take advantage of this situation.
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1 July, 2014
London, UK
Special Discount for MobiAD Readers!
Bringing together insight from sector newcomers , entrepreneurs, and the established financial powerhouses, WIRED Money will introduce, explain and predict the changes affecting the world of banking, finance and money. more»
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One thing is certain about the world of mobile commerce and marketing – companies need to be able to adapt quickly and exploit new opportunities as they appear, or else they risk becoming obsolete.
One company that is doing just this is Monitise, a company that began in mobile banking, but now has grown to support mobile payments and mobile commerce. And soon, Monitise intends to turn banks in a “media channel”.
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At last some concrete evidence confirming a trend that has seemed likely.
A recent study has shown that, compared with older generations, the buying habits of Millennials are significantly more influenced by their friends’ social media activities. more»
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This is a topic that we don’t often feature, but marketing by mobile email is becoming increasingly important.
A recent study by Yesmail interactive has shown that the percentage of consumers interacting with email exclusively on mobile devices is now over half (52%), and the growth rate of mobile generated orders is triple that for desktop PC’s. more»
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According to research published by Piqora, mobile revenue from Pinterest users is climbing dramatically.
Retailers and brands using Pinterest saw a 224% increase in mobile revenue in January 2014 compared to a year earlier. more»
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8 to 9 April, 2014
Canary Wharf, London, UK
Mondato Summit Europe is an exclusive C-level mobile financial services (MFS) conference with an emphasis on Networking, Problem-Solving, Innovation and Investment. more»
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Over the past few years, Africa is experiencing a resurgence, especially in the area of mobile services. Africa contains some of the world’s fastest growing economies, and the mobile sector is an essential contributor of this growth.
MEF Africa is releasing a series of country specific market reports – the first of which highlights Kenya, home of the phenomenally successful m-Pesa payment system! more»
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The GSMA is the global organization of mobile operators, arguably the most influential mobile association in the world.
This new whitepaper from the GSMA is a detailed look at the opportunities provided by mobile commerce in the retail industry. more»
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An interesting piece of research from Millward Brown Digital has looked into consumers shopping habits and compared them on the mobile and PC platforms.
The research shows that mobile shopping is more transactional than PC shopping which is mainly used for research. more»
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Mobile Retail is a hot area now, with merchants and technology providers around the world looking for ways to improve the engagement of customers in retail stores.
PayPal, one of the world’s leading payments companies has recently announced Beacon, a new mobile retail product based on Bluetooth, which could lead to much smoother interaction in store.
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Daily deals pioneer Groupon, has announced that it is now getting nearly half of its revenues from purchases made via a mobile device, with less than 40% coming from the original direct email approach.
During its quarterly earnings call, CEO Eric Lefkofsky said that Groupon was “uniquely positioned to lead in the world of mobile commerce.” more»
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Across the UK, small and medium enterprises (SME’s) are missing billions of pounds of revenue by letting marketing efforts slip off their radar.
However, almost half are already implementing mobile marketing, and even more have plans to. more»
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Are the new technologies of mobile banking, contactless payments and social media changing the way people bank?
Over the coming years, this issue will have an important impact on marketers and merchants everywhere.
This in-depth survey from ING International provides some surprising answers and a better understanding of this important emerging consumer trend. more»
Mobile makes consumers feel “in control” #mobiad " > Tweet |
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6 – 7 November, 2013
Istanbul, Turkey
The biggest global ad spenders, digital, tech and telco experts, entrepreneurs and startups from all over the world gather at the 5th edition of the biggest ever Webit Congress in Istanbul.
Win Special VIP Package! more»
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Vente-prive is a global pioneer and leader retailer in “flash-sales”, i.e. selling branded overstock items to their members.
Mobile commerce is a natural fit with flash-sales, as there is often a need to react quickly to sales.
Recently Vente-privee released figures which showed just how important the mobile channel is in various European countries.
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UK consumers who use their phones for search tend to take a longer time for research compared to US-based consumers, but their purchase intent is very high, with over half reporting they had eventually made the purchase.
This and many other interesting facets of UK mobile shopping behavior are highlighted in “Path-to-Purchase” infographic.
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While eBay’s first quarter results may have been a disappointment for some, the company dispelled fears in the mobile community with figures pointing to massively increased numbers of mobile users.
The auction site gained roughly 2.8 million new mobile users in that period. And the company saying it expects to generate around $20 billion each from mobile commerce and mobile payments this year. more»
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Recently venerable American Express partnered with social media powerhouse Twitter to let consumers purchase simply using #hashtags! more»
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Of course many of the trends revolve around the explosive growth of mobile retail, including m-commerce, in-store comparisons, CRM, customer loyalty, etc. Take a look at these trends, they could be important for your business. more»
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2012 was a great year for infographics about mobile advertising, and this one from the folks over at Miva Merchant is no exception.
The e-commerce piece, subtitled – Portrait of a tablet shopper – provides a real eye-opener into tablet users’ purchasing power. And if these statistics don’t motivate retailers to optimize their sites for tablet use, then it seems there’s little hope to save them. more»
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Over the past several years, the Monday following Thanksgiving has been called “Cyber Monday” in the US, as this is the day that many people start their online shopping for Christmas.
With more and more consumers preferring to use mobile for online commerce, Cyber Monday also provides a good measure of the growth of m-commerce, and 2012 proved the importance of mobile. more»
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This forecast follows on from their Quarterly Benchmarking study which showed that sales through mobile rose to 11.6% in the second quarter of 2012, up from 8.2% in Q1. more»
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However, now a new report shows that in fact consumers utilize mobile devices differently depending on their specific product or service need, as well as the vertical market they are interested in.
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Mobile Retail is clearly one of the hottest topics in mobile marketing today, and it is changing rapidly.
Now Velti, a leading provider of mobile marketing and advertising solutions, has released a white paper, “Mobile – The Shop in you Pocket”, that looks at some consumer attitude aspects of mobile retail, and explains how retailers can take advantage of the “trusted position” they enjoy with consumers. more»
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dealBoard collects information on what brands consumers like, and delivers them daily deals based on this – like a more user-specific Groupon or Living Social. more»
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Despite being the biggest retailer in the US, Walmart has never managed to make it in New York or other urban centers.
However a recent campaign launched in partnership with Proctor & Gamble aims to change this by making the most of their mobile and e-commerce platforms. more»
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A recent report entitled, Mobile & Tablet e-Commerce: Is anyone really ready?, has found that less than a third of online retailers has a Tablet optimized shopping experience available for their customers.
The report by Zmags, a rich media mobile and social merchandising provider, found that of the top 100 internet shopping sites, most were reliant on their standard web pages to provide an “adequate” experience. more»
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Some people in the e-commerce industry have expressed the opinion that shoppers will be less likely to buy expensive products on mobile than they are online. Screen size and security are usually given as reasons.
However – in what is definitely good news for the mobile commerce industry – recent data from Dell shows that consumers are actually spending more over mobile than internet. more»
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As has become a tradition in recent years, Chetan Sharma has produced his annual Mobile Industry Predictions Survey.
Each year, Chetan contacts a wide variety of leaders in the mobile industry to see what they feel will be the key trends in the upcoming year, as well as what they thought were the most interesting and important developments during the previous year.
It always makes for interesting reading!
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As we start a new year, sometimes it is useful to look back on the year just finished and consider what major trends took place that may impact the future.
The folks at Google have done just this and have given us their view of the most significant developments that took place last year. As Google is clearly now one of the world’s most powerful mobile companies, its worth a look. more»
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As mobile commerce continues its rapid adoption by more and more companies, consumers’ comfort with paying by mobile will become increasingly important.
An interesting infographic released by mobile banking solution provider Intuit provides an informative look at consumers’ current payment behavior and preferences, and how these are evolving towards mobile payments. more»
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Have some last minute shopping to do and tired of finding the gift you want is sold out in the stores? UK retailer, Argos, has a new, mobile-enabled way to help you save time shopping.
Argos created two Interactive stores at Paddington and Waterloo train station that allow consumers to do some last minute Christmas shopping while waiting for their train.
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Google has released some interesting data indicating that 44% of Christmas gift searches will be done via mobile this year compared to 20% last year and less than 2% in 2008. more»
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In the US the Monday after Thanksgiving has come to be known as Cyber Monday because of large amount of online sales that take place on this day.
But over the last few years, as consumers get more familiar with mobile technology, there has been an increase in mobile transactions on the Monday after Thanksgiving, thus giving way to the new term, Mobile Monday.
Here are some highlights on the growing trend of mobile commerce. more»
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This week at the Mobile Marketing Forum in London, Google announced the launch of a new mobile consumer data resource, Our Mobile Planet.
The Our Mobile Planet web site provides users with free access to the full set of data from a major mobile market study commissioned by Google. more»
Insights into smartphone usage and mobile attitudes #mobiad " > Tweet |
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A recent survey in the UK by the Internet Advertising Bureau (IAB) has found that the value of mobile transactions is rapidly increasing, although the overall uptake of mobile commerce remains relatively flat.
During the past year, the average value of mobile transactions has risen from £12.20 to £17.49, an increase of 43%. more»
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A survey in the UK found that over 50% of consumers browse the internet at the same time as watching TV.
At the same time, increasingly tablet devices such as the iPad are becoming the home shopping platform of choice. more»
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A new study from market research firm Juniper forecasts that the number of mobile consumers paying by phone for goods and services is set to grow very rapidly over the coming few years.
However, the increase will not be uniform across the world, with certain areas growing more rapidly but others seeing higher value payments.
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(and half will be in India or China) #mobiad " > Tweet |
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eBay is one of the internet’s most successful retailers, and over the years has made a major commitment to growing their mobile business.
Now eBay has revealed some impressive numbers about their growing mobile momentum. more»
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The past several months has seen a huge growth in the area of mobile commerce. More and more people are now using their phone for shopping, whether they are at home, in the store, or simply out and about.
As a result, many retail brands have greatly increased their use of the mobile marketing channel. Having a good understanding of who is the mobile retail consumer, their characteristics and buying patterns is becoming ever more important.
Recently Millennial Media and comScore have released some very in-depth information about Mobile Retail for all marketers who are interested in this very important trend. more»
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A recent study published by mobile ad network Greystripe has found that two thirds of mothers who own an iPhone or Android smartphone use them in the shopping process.
Locating stores, comparing prices, and learning about new products are all ways that phones can make their lives easier.
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A recent study of UK shoppers has found that consumers now prefer shopping via their mobile device rather than over the PC internet.
And the difference is very strong: for users aged 25 to 35, mobile is preferred 3 to 1 over regular online! more»
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FirstPartner, a UK based research agency has released a very interesting “map” of the mobile payments industry.
The map provides a overview of how mobile commerce and mobile payments is growing as well as who are the key players, and is a good resource for anyone who is interested in this part of the mobile industry. more»
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