Blog Layout
MOBILE COMMERCE TRENDS FOR 2021
Alireza Aliasgari • Jan 04, 2021
How to monetise your business app
If the last two Black Friday and Cyber Monday shopping events have taught us anything, it’s that mobile users are increasingly happy to spend money via their mobile devices. e-Marketer statistics show that around half of consumers now use their mobile devices to shop, making this a potentially lucrative aspect of your new business app. Here are a few things to know about mobile commerce trends as we head into the New Year.
1. It’s growing and growing
We have already mentioned that consumers are gradually shifting towards feeling comfortable buying from their mobile but, figures suggest that in 2021, mobile commerce will outstrip other forms of purchasing. In fact, it’s expected that mobile (or m-commerce) will account for 73% of all global ecommerce next year.
2. And it’s taking place on apps
Mobile apps are, unsurprisingly, a key gateway to mobile orders for consumers. Last year, over half of consumers in the US were said to have turned to an app to find product information, something that looks set to increase further over the next 12 months. With consumers now well-versed in using apps to aid in their buying process, there is a key opportunity to monetize your own business app by tapping into that user behavior.
3. Average order values will increase
If you are feeling a little daunted by the prospect of incorporating an m-commerce function into your app, there are plenty of compelling reasons to take the plunge. One of the best is the fact that average order values are greater in app than on the mobile web with the total value increasing steadily year-on-year. If that trend continues, you could find that your app is a greater source of revenue than your traditional website over time.
4. One-click ordering will reduce shopping cart abandonment
Conversion rate optimization is a key consideration for any ecommerce retailer. Adding one-click ordering functionality looks to be on its way to greater popularity in 2021, because it is shown to significantly reduce cart abandonment rates and increase conversions from app users. One tap to buy is also perfect for the smaller screens of mobile devices. By making the task of checking out that much easier, it improves the user experience, removes frustration, and therefore makes it more likely that shoppers will return for future purchases.
Share
looking for mobile app developers in Toronto? This post can help you understand how local mobile app developers in Toronto can help businesses thrive
As a one of the best mobile app development companies in Toronto, we at BOME Solutions Inc, understand the impact that mobile apps have had on our daily lives. In this blog post, we'll explore some of the many ways that mobile apps are used in today's world. for a free consultation. We specialize in both iOS and Android mobile app development and can help bring your app idea to life.
In today's digital age, having a website and a mobile app is a necessity for businesses looking to expand their reach and connect with their customers.
Mobile apps have become an integral part of our lives, providing us with instant access to information, entertainment, and a host of other services.
BOME SOLUTIONS INC is a leading provider of iOS and Android app development services. We offer custom solutions for businesses to help them reach their goals.
As one of the best mobile app development companies in Canada and US we provide reliable, secure and cost-effective custom mobile application solutions.
M-commerce has become much more than another branch of ecommerce.
A question all businesses face is how do you retain existing customers?
When running a business and completing tasks, you’ll want to look for the best ways to streamline internal processes.
It has now become essential for a business of any size to implement a mobile app into their digital strategy.
