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Tpma m commerce - march 26 2013

Oct 22, 2014

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Presentation on Mobile Commerce by Nicolas Dinh from MasterCard for the Toronto Product Management Association, March 27th, 2013.
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Page 1: Tpma m commerce - march 26 2013

Mobile Commerce

Page 2: Tpma m commerce - march 26 2013

US Thanksgiving / Black Friday 2012

Page 2April 4th, 2012

Page 3: Tpma m commerce - march 26 2013

• $1.6B in digital sales – +30% from 2011 CM

• Mobile – 18% of consumers visited a retailer site/app (+70% YoY). Mobile sales 13% (+96% YoY)

• iPad Factor – generated majority of mobile traffic (7% of total traffic)

Cyber Monday 2012

Page 3April 4th, 2012

Source: IBM

Page 4: Tpma m commerce - march 26 2013

Commerce → eCommerce → mCommerce

What is Mobile Commerce?

Page 4April 4th, 2012

Page 5: Tpma m commerce - march 26 2013

What is Mobile Commerce?

Page 5April 4th, 2012

Commerce• Being able to

buy/sell

eCommerce•Using a computing

device•Connected to an

online network

mCommerce•Anytime

•Anywhere

Page 6: Tpma m commerce - march 26 2013

Phases of Commerce Model

Page 6April 4th, 2012

Inspiration

Investigation

Research

SearchTransaction

Use

End Of Life

Page 7: Tpma m commerce - march 26 2013

Phases of Commerce Model

Page 7April 4th, 2012

Inspiration

Investigation

Research

SearchTransaction

Use

End Of Life

Page 8: Tpma m commerce - march 26 2013

Phases of Commerce Model

Page 8April 4th, 2012

Inspiration

Investigation

Research

SearchTransaction

Use

End Of Life

Social

• Social overlay: leveraging social media and networks that support social interaction and contribution to drive commerce

Page 9: Tpma m commerce - march 26 2013

Changing Face of Commerce

Page 9April 4th, 2012

Page 10: Tpma m commerce - march 26 2013

• (Frictionless) Payments

• Product / Service Discovery

• Location

• Personalization

– Identity

– Recommendations and Predictive Analysis

Mobile Commerce: Key Components To Success

Page 10April 4th, 2012

Page 11: Tpma m commerce - march 26 2013

Payments

Page 11April 4th, 2012

Make it easy and seamless as possible!

Page 12: Tpma m commerce - march 26 2013

Product Barcodes

Product Discovery

Page 12April 4th, 2012

• Generally unique identifiers for products, standards based

• QR Codes

– Encode up to 4K characters

– Can encode with events, URLs, contacts, triggers, etc.

Page 13: Tpma m commerce - march 26 2013

NFC

Product Discovery

Page 13April 4th, 2012

Page 14: Tpma m commerce - march 26 2013

• Services / APIs to:

– Product data (names, prices, descriptions, images)

– Merchant location data (addresses

– Real-time inventory status

Location Services

Page 14April 4th, 2012

Page 15: Tpma m commerce - march 26 2013

Identity

• Develop extensible applications from user history and historical data

• Leverage purchase history to build trust

• Weave integrated payment system directly into customer identity

• Leverage to make it easier for your customers to buy from you

• Socialize the commerce experience

Personalization

Page 15April 4th, 2012

Page 16: Tpma m commerce - march 26 2013

Recommendations & Predictive Analysis

Personalization

Page 16April 4th, 2012

Item

Taste, Preference, Interest

How do you leverage substantially amounts of Data generated from your M-commerce solution to help your

customer?

Page 17: Tpma m commerce - march 26 2013

Tesco Homeplus

Page 17April 4th, 2012

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