M-Commerce


 The advent of new technologies in mobile applications has made possible M-commerce - a rapidly growing sector of e-commerce. Today it is more or less a way of carrying thousands and millions of retail shops in your pocket. M-commerce is the use of mobile phones to conduct any type of business transaction. M-commerce leverages on WAP technology and the e-commerce background.

Cedar Software Technologies, the prime web application development company Cochin brings to you an overview of M-commerce. Read on...

The use of wireless technology (WAP) to conduct sales of goods, provide services, make payments and other financial transactions, the exchange of information etc. is the basis of mobile commerce. M-commerce opens up so many windows of opportunities for businesses to use to their advantage. Many mobile app development companies in Kochi have started developing apps for M-commerce.


Here are some applications of M-commerce


Online store

You can buy goods and services through M-commerce. Premier Mobile app development company, Cedar Software Technologies develops effective mobile apps for online stores. 


Mobile Banking

You’ll be able to perform all your banking functions using a mobile website or application. This is taking online banking to the next level and has become popular nowadays. 


Mobile Ticketing and Booking

You can now make ticket bookings and receive your tickets on the mobile. After you make the payment the digital ticket or boarding pass is sent directly to your phone. 


E-bills

Mobile vouchers, mobile coupons can be redeemed and even loyalty points or cards systems can be introduced with M-commerce.


Stock Market Trading

You can easily do share trading on your mobile as all the reports and live trading is available through mobile apps.


Auctions

Nowadays mobile apps for conducting online auctions have now been developed.


Check out the advantages of M-commerce


  • M-commerce offers a very convenient and easy to use platform to conduct business transactions.

  • Mobile commerce has an extensive reach hence the market size is massive.

  • Businesses can use M-commerce to target customers leveraging on their location, service provider, the type of device they use and other such criteria.

  • Overall company expenditure can be reduced with the streamlined processes of M-commerce. It reduces transaction cost, carrying costs and order processing costs as well.


Disadvantages of M-commerce


  • Setting up an M-commerce business can be very expensive with the existing technology. A mobile app needs to be created & users need cellular data for doing transactions.

  • M-commerce depends heavily on reliability of mobile service providers.

  • M-commerce is not most suitable for data transfer.

  • Security concerns about the safety of the customer’s private information also needs to be addressed.


M-commerce is slowly picking up as newer and newer technologies are emerging in the digital space. It is going to be the rising star of the ecommerce world. By keeping in sync with M-commerce, business owners can beat the success trail. To create functional apps for your business, get in touch with us at Cedar Software Technologies, the top-rated mobile app development company in Cochin. 

Comments

Post a Comment

Popular posts from this blog

SEO- For Better Return On Your Investment

Image
The technique search engine optimization (SEO) actually demands various works (content marketing and build quality back-links). But even with the activity of these tested schemes, success is not immediate. As such, it may yield months to visualize your site on the first pages on search engine outputs. However, it doesn't merely end with appropriate keyword selection or optimized content. Regardless the slow process, the benefits of search engine optimization compensate for all the hard work publishers have to integrate into their sites. Simply Speaking Why SEO.......? SEO will evoke more visitors and potential users to your website. SEO will increase your website ranking in the search position and will offer your site fast popularity. The client's site may be considered as a credit for social bookmarking. SEO provides optimized search engine results that mean greater traffic. Better traffic implies higher profit through pay-per-clicks. S...
Read more

Role of Chatbots in Digital Marketing

Image
Artificial Intelligence is revolutionizing just about every industry under the sun—including digital marketing. Chatbots are often one of the most common tools of AI used in the web world. With Chatbots you can automate a sizable part of your customer communication process without sacrificing customer  service and support. If you need to stay competitive, you should try to include them in your digital  strategy as is done by many web providers. They are incorporating chatbots in websites as part of their  digital marketing services in Kochi. What are Chatbots? They are AI-powered software which you can program to facilitate conversations with your customers.  Your chatbots can be programmed with specific answers to frequently asked questions & they can step  in for you.  And a positive aspect is that Chatbots are based on machine learning—so the more engaging  questions your customers ask, the software just gets better at answering ...
Read more

How to harness the power of Social Media Marketing?

Image
Have you ever wondered how your business competitors are inching towards success with more customers? Not to worry, you’re not alone in the side stands. You can now start reaping the benefits of social media & create your own online success through an effective social media strategy. Only thing, you should know how to harness the power of Social Media Marketing . A marketing tool with a great potential, many companies of today are exploiting the social media mindset and capabilities in their business processes. This helps to transform their relationships with customers and create value in umpteen ways. But most people are still at sea on social media. Let’s go through some of the ways you can use best digital marketing in Cochin to promote and improve your business. Increase Brand Awareness Social media is a platform to increase your visibility and make your customers recognize your company. A simple way to introduce your brand to people! If your brand is an active pr...
Read more