August 5, 2010

Mobile Retailing

NRF has come out the most comprehensive report on Mobile retailing. You can either read the executive summary or download the whole report here.

There is no doubt that mobile retailing will be one of the most preferred means for transactions amongst the 4 retail channels , but NRF's prediction that it will capture about 8% of the total e-commerce market by 2015 is a bit optimistic but its best to wait and watch.



The Android OS and iPhone OS are clearly leading the pack and with its rich user interface and million applications, and these will help take mobile retailing to the next level.

Countries such as Germany, Denmark, Japan are already piloting successful projects wherein consumers can check out of stores directly after stocking what they need while payments are automatically debited through their mobile phones. Also mobile phones are used to generate alerts whenever a consumers passes through items on sale or items that are required for making their favourite dish.

The possibilities are endless and it will be exciting to see which technology companies will lead the pack in developing or co-ordinating the acceptance of global standards for mobile transactions.

5 comments:

Unknown said...

Because of the rise of Electronic Retailers Canada's economy is becoming stronger through the government's revenue from mobile sales, PC and laptop sales. The mobile technology made communication easy, right from our fingertips. As it became part of human's necessity, more and more people invested on it and some can't even live without it.

Unknown said...

Interesting article, today lots of people are using their mobile phones for product research requirements. Day by day mobile companies launched new models of the mobiles. The percentage of cellular customers who look at a rival's site while in a store's , malls, shop has nearly more increased in comparison to each year. Opening specialist of that shop or a competitive shop are still relatively unusual patterns. The countries including Germany, Japan, China are already make a successful project for consumers to check stock information. Market Reports

Unknown said...

good information, and very nice blog,,

Packing Machine - Singh Packaging Industry is one of the leading manufacturer and bulk exporter of Pouch Packaging Machines & Machinery, Namkeen, Tea, Liquid, powder, spices, soap ,packing machine India

emailtaai said...

Techsaga is bestIT company for real estate industry. it provide custom retail software development solutions for brick and mortar, e-Commerce, c-store & grocery, dealerships, shopping cart, and mobile systems, as well as retail technology solutions for the Magento platform. The demand of retail business is constantly changing in this digital age.

players777 said...

It’s wonderful post and very helpful, thanks for all this information.Thank you for sharing this awesome information and other side you can join our wonderful games like :
KINGKONG
joker123
judi bola terpercaya