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Mobile Commerce
All Set to Explode
TEAM
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.
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.
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
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
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…..
• 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.
THANKYOU!
“The way we spend, send and receive money is changing forever”

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Mobile Commerce

  • 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.
  • 5.
  • 6.
  • 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…..
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 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.
  • 16. THANKYOU! “The way we spend, send and receive money is changing forever”