mCommerce is surpassing the usage of desktops in every field from banking to shopping. There are various advantages of eCommerce but you know with advantages many challenges appear on the way. Often, what makes it a great thing for mobile marketing is also what opens it up to greater risk. Mobile commerce is influencing the lives of retailers and their consumers.
In the world of Netizens, we need to walk side by side. Do you have any idea about the time an average person spends on the internet every day? One of the studies says an average mobile user spends 3 hours and 15 minutes per day. This reason is enough to explain the on-going demand of the mobile commerce (m-commerce) business. Understanding the advantages of using a mobile app over a desktop website creates the opportunity to maintain sales revenue while growing digitally.
Mobile provides a variety of possibilities, both to communicate with new customers and to allow brands to increase market share as they gain insight into customer behavior. The number of mobile users in the world today is 3.5 billion, which means 44.81% of the world’s population owns a mobile. You will witness consistent growth in the eCommerce and mCommerce marketplace in the upcoming years as the users are thriving to get the products at their convenience with a mobile click.
Now I am going to explain some key advantages of mCommerce or mobile businesses.
Mobile commerce makes it easier for consumers, through wireless devices, to discover products available on the market. To buy products or services, clients do not need to drive to the market. They can just visit the online application or store and get their work done.
It decreases extra efforts, saves money and time which are the advantages of mCommerce. The hand handled devices like mobile and tablets have increased the demand for cross-device websites and mobile applications.
Mobile commerce enables brands to reach new customers that they have never previously considered. It is projected that in the year 2021, three fourth of the world’s adults will own smartphones. For brands, this broad user base provides several future sales leads.
By shifting their slant and emphasis to distinguish themselves from rivals, mobile commerce enables brands to escape market saturation problems. Considering the advantage of mobile commerce, they offer comprehensive distribution opportunities to brands as new markets open up and are discovered.
Those days are gone when tiny mobile screen, smaller keypads, and limited mobile phone memory was the major concern for mobile commerce. Now with emerging technology, mCommerce is the most convenient way of shopping and the high-speed networks are providing an advantage.
The benefit of mCommerce is that it does not require any extra effort for making the transactions. A mobile responsive website with some trust badges will be sufficient to gain the trust of your customer.
Mobile commerce specializes in using consumer data, such as geo-location, to optimize the service and, ultimately, to produce more sales. Hyperlocal marketplaces are in trend after the COVID 19 outbreak. The epidemic has become an advantage to online merchants.
This enables brands to target customers at the right time, whether they are looking for an item at midnight or shopping during a lunch-break through the mobile app. In those moments prior to a buying decision, geotracking technology and programmatic ads help retailers interact with these customers, raising the chance that the purchasing will be completed.
There’s nothing the consumers enjoy more than a personalized experience. It saves their time, makes them feel valued, loved, and so some of the most popular e-commerce companies always use customization to their fullest potential. To make your customers feel unique, you can send personalized push notifications.
Personalization has proven itself to be the secret ingredient of e-Commerce success time and time again, particularly as of now at a time of machine learning and AI. Therefore, to maximize profits, delivering a seamless user experience is a must. Enhanced UX is the major advantage of mCommerce.
These are the primary advantages of M-Commerce for your companies. It is evident that mobile commerce provides tremendous benefits to retailers and brands, whether they are seeking to enter a new market or bringing out a new product. The data and connectivity that mobile commerce offers can be an excellent way to increase market share. Nevertheless, with those benefits also come challenges. As a company owner, in the current market situation, you will never be able to deny the triumph and prevalence of M-Commerce.
Create your mobile app using the Mobile App Plugin available for the major eCommerce platform like PrestaShop, Magento, OpenCart, WooCommerce, etc.