A new report from market analysis firm ABI Research forecasts that mobile commerce will account for $1.6 billion in revenues in 2009 as the proliferation of smartphones and consumers’ increasing comfort with mobile transactions translates into phone users making purchased via their handsets. But the so-called “holy grail” of mobile commerce—customers using their mobile phones to make on-site purchases without bugging staff or using a register—is still a pie-in-the-sky dream. Instead, consumers will be using their phones like mobile Web browsers, making purchases via the likes of Amazon, eBay, and iTunes using mobile data services and Internet connectivity.
Tag Archive: Commerce
Online Shopping And Buying On The Rise
The Census Bureau of the U.S. Department of Commerce released its estimate of retail e-commerce sales for the first quarter of this year. It shows a 28% increase over the first quarter of 2003. E-commerce also made gains on standard retail. E-commerce sales in the first quarter of 2004 accounted for 1.9% of total retail sales, up from 1.6% for the same period in 2003.

