What is Moblie Commerce?
Reasons of growth of M-commerce
Limitations
Advantages
Case Study
Future of M-commerce
Supporting Graphs
NOTE: CASE STUDY AND GRAPHS ARE ARRANGED FROM A SECONDARY SOURCE.
-VikrantKd
3. Untangling the “Next Big Thing”
Mobile Commerce - "a retail outlet in your customer’s pocket”
Mobile Commerce refers to the practice of conducting commercial
transactions with the help of mobile devices such as mobile phone, personal
digital assistant(PDA), etc.
• Extends the benefit of E-commerce
• Increases reach- wider audience
• Anytime, Anywhere
• HomeShop18 says mobile commerce to contribute more than 25 per cent of
the total traffic in e-commerce by 2015
• Walmart estimated that 40% of all visits to their internet shopping site are
from a mobile device
• Mobile retailers in UK alone are expected to increase revenues up to 31% in
FY 2013-14.
4. Technological innovations-
e.g. faster data transmission technologies and better
mobile devices, enhanced data storage and better
user-interface.
Acceptance to change-
OTHER Factors-
e.g. the increasing penetration of mobile phones in the
society and the integration of world economies.
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7. Advantages of M-Commerce
1. For Business
• Extend the reach of business
• Convert the buying impulse into a transaction
• To offer customised services to consumers
2. For Consumer
• Access a business anywhere
• Stay connected with friends
• Access multimedia and location based services
8. Limitations of M-Commerce
• Smaller Displays
Inconvenient to navigate
• Limited Processing Power
Unsuitable to execute programs faster
• Limited Processing Memory
Programs freeze
• Limited Bandwidth
Restricts the interaction of device and server
• Limited Storage Capacity
Unsuitable to carry large amount of data
• Limited Battery Capacity
9. Applications of M-Commerce
• Mobile Money Transfer
• Mobile ATM
• Mobile Ticketing
• Mobile vouchers, coupons and loyalty cards
• Content purchase and delivery
• Location-based services
• Information services
• Mobile Banking
• Mobile brokerage
• Auctions
• Mobile Browsing
• Mobile Purchases
• In-application mobile phone payments
• Mobile marketing and advertising
• NFC
• And still counting…..
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15. • The Indian rural population is much devoid of information and mobile technology
can bridge this gap.
• The concept of localized services has to be changed.
• Micro credit is a large market in India.
• Central and state governments can use the networks to provide public
information to masses, leading to better governance.