SlideShare ist ein Scribd-Unternehmen logo
1 von 5
Downloaden Sie, um offline zu lesen
Client           :    PayPal                                         Country : Singapore
Publication      :    The Business Times
Date             :    20 November 2012
Topic            :    Money rolls in as local firms roll out their apps
URL              :    http://www.businesstimes.com.sg/premium/top-stories/money-rolls-local-firms-
                      roll-out-their-apps-20121120
Visitorship      :    65,401




Money rolls in as local firms roll out their apps

Businesses tap into the potential of mobile devices to improve prospects

BY AMIT ROY CHOUDHURY




Just tap it: The Republic's mobile commerce market grew by a whopping 660 per cent to reach
S$328 million last year, PayPal says.

[SINGAPORE] With 71 per cent of mobile users owning a smartphone, it's no surprise that most
Singaporeans reach for their mobile devices when they want to check out something online, be it a
discount deal or information about a particular product.

And Singaporean businesses are taking advantage of this trend. A host of companies, particularly
small and medium-sized businesses (SMBs), have started to build mobile friendly websites; some
have even gone further and have designed specific mobile apps to reach out to a wider range of
customers.

Retail distributor, WingTai Clothing has utilised the Moobifly mobile website enabler for its lines
such as G2000 and Fox Fashion. "By optimising our merchandise websites for mobile consumers, we
have noticed a significant increase in our online traffic," says a WingTai official.

Others, such as ticketing company Sistic, have built their own mobile apps. Speaking to BT, Chan Wai
Hong, Sistic's senior applications manager notes that the company's mobile app, launched earlier
this year, provides users with access to event details, show descriptions, promotions, ticket prices
and purchase options 24 hours a day, seven days a week. "A key feature exploits location
technology, providing users with easy agent and venue location, including walking and driving
directions, using Google Maps. It has already been downloaded by more than 75,000 arts and
entertainment fans, and is free," Mr Chan adds.

Other local apps such as ShowNearby and SG Malls help users find specific shops and services by
listing them on a shared directory service that categorises businesses by function or by location.
ComfortDelGro's SBS Transit iris is a nifty little app which gives bus and train timings. Its journey
planner helps consumers plan the best way to get to their destinations via a combination of public
transports.

A recent report by AC Nielsen shows that one in three online consumers in Singapore have
downloaded a mobile app in the past 30 days. PayPal noted that last year, the Republic's mobile
commerce market grew by a whopping 660 per cent to reach S$328 million.

Anticipating this growth in mobile usage, the Infocomm Development Authority of Singapore (IDA)
devised the Digital Concierge (DC) programme in 2010. One of its aims is to help the retail, tourism
and hospitality sectors by catalysing mobile commerce.

Talking to BT, an IDA spokesman says that the mobile channel allows businesses to reach out to their
customers more effectively through targeted marketing and drives consumption of their goods and
services.

Many SMBs have found a competitive edge by developing mobile apps.

SingPet and Vanity Trove have set up online mobile commerce stores that enable shoppers easy
access to merchandise without ever needing to visit a physical store.

Vanity Trove is a mobile website that makes use of PayPal's mobile payment - a DC enabler - to
provide subscribers with an innovative delivery of different cosmetic samplings every month. Since
its launch in December 2011, the site has received 175,000 unique visitors and mobile visitors
represent 30 per cent of all visits.

"Mobile commerce has changed the way we do business in very dynamic ways. Previously,
businesses such as ours required a store front. We are able to achieve a new level of convenience
where customers can shop even while out of the house doing things such as waiting for the bus or
queuing in a taxi stand," says Douglas Gan, co-founder of Vanity Trove.

SingPet is an online store offering a large variety of pet supplies and accessories and has seen the
value of interacting with its customers via mobile devices. Speaking to BT, Sebastian Wiradharma,
the company's director and CIO (chief information officer) notes that the company saw the
smartphone as means to secure a stable market share.

"Customers need only to scan the barcodes of their current products using their mobile devices to
add the items to their shopping carts. We have also integrated with the IDA DC payment enabler
that supports PayPal transactions. That has helped us reduce our production cost while adding an
additional dimension of convenience to our customers."

SGMalls creator, 2359 Media says the company is seeing an increase in the development of apps in
both the public and private sector. "Since we first participated in the DC programme in June 2010,
the requests for mobile related projects has increased by more than 300 per cent year-on-year; the
average time spent by users on an apps has increase 10 fold, and the results in terms of effective
outreach of the apps has also increased tremendously," says Wong Hong Ting, director and co-
founder of 2358 Media.

Sistic's Mr Chan, however, adds that everything is not necessarily smooth sailing. "One of the main
challenges is supporting different mobile operating systems as there is no clear market leader. So
when we set out to develop our mobile apps, we had to consider the timeline and development
skills for the two major operating systems - Apple's iOS and Google's Android.

"Another challenge is optimising the app display for different sizes of devices, especially for the
Android market, which includes many devices of varying sizes. Mobile devices are very exciting and
certainly the future, but also present unique challenges."

Despite challenges, the market is too alluring to ignore. Singapore's e-commerce market is expected
to grow to S$4.4 billion by 2014.

"Some businesses have claimed improved revenues through mobile solutions, and that a mobile
presence captures more consumers easily," said the IDA spokesman.
20 nov bt  online__money rolls in as local firms roll out their apps _2_
20 nov bt  online__money rolls in as local firms roll out their apps _2_

Weitere ähnliche Inhalte

Mehr von Bridget Kow

25 feb st(print) pay with fingerprint on new samsung s5
25 feb st(print) pay with fingerprint on new samsung s525 feb st(print) pay with fingerprint on new samsung s5
25 feb st(print) pay with fingerprint on new samsung s5Bridget Kow
 
14 oct bt(online) aficionado pumps up the volume in cars
14 oct bt(online) aficionado pumps up the volume in cars14 oct bt(online) aficionado pumps up the volume in cars
14 oct bt(online) aficionado pumps up the volume in carsBridget Kow
 
14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in carsBridget Kow
 
8 july the edge finding a niche in e-commerce
8 july the edge finding a niche in e-commerce8 july the edge finding a niche in e-commerce
8 july the edge finding a niche in e-commerceBridget Kow
 
12 feb st(online) upcoming sme events
12 feb st(online) upcoming sme events12 feb st(online) upcoming sme events
12 feb st(online) upcoming sme eventsBridget Kow
 
14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in carsBridget Kow
 
23 dec bt(online) us sale events spur e-commerce in s'pore
23 dec bt(online) us sale events spur e-commerce in s'pore23 dec bt(online) us sale events spur e-commerce in s'pore
23 dec bt(online) us sale events spur e-commerce in s'poreBridget Kow
 
18dec st digital life (print)-online merchants are winning the hearts of cons...
18dec st digital life (print)-online merchants are winning the hearts of cons...18dec st digital life (print)-online merchants are winning the hearts of cons...
18dec st digital life (print)-online merchants are winning the hearts of cons...Bridget Kow
 
11 dec st digital life (print)-last minute gift buying for tech junkies
11 dec st digital life (print)-last minute gift buying for tech junkies11 dec st digital life (print)-last minute gift buying for tech junkies
11 dec st digital life (print)-last minute gift buying for tech junkiesBridget Kow
 
18 dec st digital life (online)-online merchants are winning the hearts of co...
18 dec st digital life (online)-online merchants are winning the hearts of co...18 dec st digital life (online)-online merchants are winning the hearts of co...
18 dec st digital life (online)-online merchants are winning the hearts of co...Bridget Kow
 
Nov 2013 cleo magazine are you a safe browser
Nov 2013 cleo magazine are you a safe browserNov 2013 cleo magazine are you a safe browser
Nov 2013 cleo magazine are you a safe browserBridget Kow
 
14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in carsBridget Kow
 
14 oct bt aficionado pumps up the volume in cars
14 oct bt aficionado pumps up the volume in cars14 oct bt aficionado pumps up the volume in cars
14 oct bt aficionado pumps up the volume in carsBridget Kow
 
October 2013 hwm shop overseas with pay_pal
October 2013 hwm shop overseas with pay_pal October 2013 hwm shop overseas with pay_pal
October 2013 hwm shop overseas with pay_pal Bridget Kow
 
14 sept st mobile shopping her on the rise-study
14 sept st mobile shopping her on the rise-study14 sept st mobile shopping her on the rise-study
14 sept st mobile shopping her on the rise-studyBridget Kow
 
9 sept todays manager cross-border trade is sme’s route to success
9 sept todays manager cross-border trade is sme’s route to success9 sept todays manager cross-border trade is sme’s route to success
9 sept todays manager cross-border trade is sme’s route to successBridget Kow
 
6 sept st pay_pal to protect sellers from fraud
6 sept st pay_pal to protect sellers from fraud6 sept st pay_pal to protect sellers from fraud
6 sept st pay_pal to protect sellers from fraudBridget Kow
 
28 aug campaign asia_paypal names country manager for hong kong, taiwan
28 aug campaign asia_paypal names country manager for hong kong, taiwan28 aug campaign asia_paypal names country manager for hong kong, taiwan
28 aug campaign asia_paypal names country manager for hong kong, taiwanBridget Kow
 
22 aug st pay_pal eyes slice of physical payment pie
22 aug st pay_pal eyes slice of physical payment pie22 aug st pay_pal eyes slice of physical payment pie
22 aug st pay_pal eyes slice of physical payment pieBridget Kow
 
22 aug st online pay_pal eyes slice of physical payment pie
22 aug st online pay_pal eyes slice of physical payment pie22 aug st online pay_pal eyes slice of physical payment pie
22 aug st online pay_pal eyes slice of physical payment pieBridget Kow
 

Mehr von Bridget Kow (20)

25 feb st(print) pay with fingerprint on new samsung s5
25 feb st(print) pay with fingerprint on new samsung s525 feb st(print) pay with fingerprint on new samsung s5
25 feb st(print) pay with fingerprint on new samsung s5
 
14 oct bt(online) aficionado pumps up the volume in cars
14 oct bt(online) aficionado pumps up the volume in cars14 oct bt(online) aficionado pumps up the volume in cars
14 oct bt(online) aficionado pumps up the volume in cars
 
14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars
 
8 july the edge finding a niche in e-commerce
8 july the edge finding a niche in e-commerce8 july the edge finding a niche in e-commerce
8 july the edge finding a niche in e-commerce
 
12 feb st(online) upcoming sme events
12 feb st(online) upcoming sme events12 feb st(online) upcoming sme events
12 feb st(online) upcoming sme events
 
14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars
 
23 dec bt(online) us sale events spur e-commerce in s'pore
23 dec bt(online) us sale events spur e-commerce in s'pore23 dec bt(online) us sale events spur e-commerce in s'pore
23 dec bt(online) us sale events spur e-commerce in s'pore
 
18dec st digital life (print)-online merchants are winning the hearts of cons...
18dec st digital life (print)-online merchants are winning the hearts of cons...18dec st digital life (print)-online merchants are winning the hearts of cons...
18dec st digital life (print)-online merchants are winning the hearts of cons...
 
11 dec st digital life (print)-last minute gift buying for tech junkies
11 dec st digital life (print)-last minute gift buying for tech junkies11 dec st digital life (print)-last minute gift buying for tech junkies
11 dec st digital life (print)-last minute gift buying for tech junkies
 
18 dec st digital life (online)-online merchants are winning the hearts of co...
18 dec st digital life (online)-online merchants are winning the hearts of co...18 dec st digital life (online)-online merchants are winning the hearts of co...
18 dec st digital life (online)-online merchants are winning the hearts of co...
 
Nov 2013 cleo magazine are you a safe browser
Nov 2013 cleo magazine are you a safe browserNov 2013 cleo magazine are you a safe browser
Nov 2013 cleo magazine are you a safe browser
 
14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars14 oct bt(print) aficionado pumps up the volume in cars
14 oct bt(print) aficionado pumps up the volume in cars
 
14 oct bt aficionado pumps up the volume in cars
14 oct bt aficionado pumps up the volume in cars14 oct bt aficionado pumps up the volume in cars
14 oct bt aficionado pumps up the volume in cars
 
October 2013 hwm shop overseas with pay_pal
October 2013 hwm shop overseas with pay_pal October 2013 hwm shop overseas with pay_pal
October 2013 hwm shop overseas with pay_pal
 
14 sept st mobile shopping her on the rise-study
14 sept st mobile shopping her on the rise-study14 sept st mobile shopping her on the rise-study
14 sept st mobile shopping her on the rise-study
 
9 sept todays manager cross-border trade is sme’s route to success
9 sept todays manager cross-border trade is sme’s route to success9 sept todays manager cross-border trade is sme’s route to success
9 sept todays manager cross-border trade is sme’s route to success
 
6 sept st pay_pal to protect sellers from fraud
6 sept st pay_pal to protect sellers from fraud6 sept st pay_pal to protect sellers from fraud
6 sept st pay_pal to protect sellers from fraud
 
28 aug campaign asia_paypal names country manager for hong kong, taiwan
28 aug campaign asia_paypal names country manager for hong kong, taiwan28 aug campaign asia_paypal names country manager for hong kong, taiwan
28 aug campaign asia_paypal names country manager for hong kong, taiwan
 
22 aug st pay_pal eyes slice of physical payment pie
22 aug st pay_pal eyes slice of physical payment pie22 aug st pay_pal eyes slice of physical payment pie
22 aug st pay_pal eyes slice of physical payment pie
 
22 aug st online pay_pal eyes slice of physical payment pie
22 aug st online pay_pal eyes slice of physical payment pie22 aug st online pay_pal eyes slice of physical payment pie
22 aug st online pay_pal eyes slice of physical payment pie
 

20 nov bt online__money rolls in as local firms roll out their apps _2_

  • 1. Client : PayPal Country : Singapore Publication : The Business Times Date : 20 November 2012 Topic : Money rolls in as local firms roll out their apps URL : http://www.businesstimes.com.sg/premium/top-stories/money-rolls-local-firms- roll-out-their-apps-20121120 Visitorship : 65,401 Money rolls in as local firms roll out their apps Businesses tap into the potential of mobile devices to improve prospects BY AMIT ROY CHOUDHURY Just tap it: The Republic's mobile commerce market grew by a whopping 660 per cent to reach S$328 million last year, PayPal says. [SINGAPORE] With 71 per cent of mobile users owning a smartphone, it's no surprise that most Singaporeans reach for their mobile devices when they want to check out something online, be it a discount deal or information about a particular product. And Singaporean businesses are taking advantage of this trend. A host of companies, particularly small and medium-sized businesses (SMBs), have started to build mobile friendly websites; some have even gone further and have designed specific mobile apps to reach out to a wider range of customers. Retail distributor, WingTai Clothing has utilised the Moobifly mobile website enabler for its lines such as G2000 and Fox Fashion. "By optimising our merchandise websites for mobile consumers, we have noticed a significant increase in our online traffic," says a WingTai official. Others, such as ticketing company Sistic, have built their own mobile apps. Speaking to BT, Chan Wai Hong, Sistic's senior applications manager notes that the company's mobile app, launched earlier this year, provides users with access to event details, show descriptions, promotions, ticket prices and purchase options 24 hours a day, seven days a week. "A key feature exploits location
  • 2. technology, providing users with easy agent and venue location, including walking and driving directions, using Google Maps. It has already been downloaded by more than 75,000 arts and entertainment fans, and is free," Mr Chan adds. Other local apps such as ShowNearby and SG Malls help users find specific shops and services by listing them on a shared directory service that categorises businesses by function or by location. ComfortDelGro's SBS Transit iris is a nifty little app which gives bus and train timings. Its journey planner helps consumers plan the best way to get to their destinations via a combination of public transports. A recent report by AC Nielsen shows that one in three online consumers in Singapore have downloaded a mobile app in the past 30 days. PayPal noted that last year, the Republic's mobile commerce market grew by a whopping 660 per cent to reach S$328 million. Anticipating this growth in mobile usage, the Infocomm Development Authority of Singapore (IDA) devised the Digital Concierge (DC) programme in 2010. One of its aims is to help the retail, tourism and hospitality sectors by catalysing mobile commerce. Talking to BT, an IDA spokesman says that the mobile channel allows businesses to reach out to their customers more effectively through targeted marketing and drives consumption of their goods and services. Many SMBs have found a competitive edge by developing mobile apps. SingPet and Vanity Trove have set up online mobile commerce stores that enable shoppers easy access to merchandise without ever needing to visit a physical store. Vanity Trove is a mobile website that makes use of PayPal's mobile payment - a DC enabler - to provide subscribers with an innovative delivery of different cosmetic samplings every month. Since its launch in December 2011, the site has received 175,000 unique visitors and mobile visitors represent 30 per cent of all visits. "Mobile commerce has changed the way we do business in very dynamic ways. Previously, businesses such as ours required a store front. We are able to achieve a new level of convenience where customers can shop even while out of the house doing things such as waiting for the bus or queuing in a taxi stand," says Douglas Gan, co-founder of Vanity Trove. SingPet is an online store offering a large variety of pet supplies and accessories and has seen the value of interacting with its customers via mobile devices. Speaking to BT, Sebastian Wiradharma, the company's director and CIO (chief information officer) notes that the company saw the smartphone as means to secure a stable market share. "Customers need only to scan the barcodes of their current products using their mobile devices to add the items to their shopping carts. We have also integrated with the IDA DC payment enabler that supports PayPal transactions. That has helped us reduce our production cost while adding an additional dimension of convenience to our customers." SGMalls creator, 2359 Media says the company is seeing an increase in the development of apps in both the public and private sector. "Since we first participated in the DC programme in June 2010, the requests for mobile related projects has increased by more than 300 per cent year-on-year; the
  • 3. average time spent by users on an apps has increase 10 fold, and the results in terms of effective outreach of the apps has also increased tremendously," says Wong Hong Ting, director and co- founder of 2358 Media. Sistic's Mr Chan, however, adds that everything is not necessarily smooth sailing. "One of the main challenges is supporting different mobile operating systems as there is no clear market leader. So when we set out to develop our mobile apps, we had to consider the timeline and development skills for the two major operating systems - Apple's iOS and Google's Android. "Another challenge is optimising the app display for different sizes of devices, especially for the Android market, which includes many devices of varying sizes. Mobile devices are very exciting and certainly the future, but also present unique challenges." Despite challenges, the market is too alluring to ignore. Singapore's e-commerce market is expected to grow to S$4.4 billion by 2014. "Some businesses have claimed improved revenues through mobile solutions, and that a mobile presence captures more consumers easily," said the IDA spokesman.