Monday, December 28, 2015

Four in Five Retailers Say Mobile Is Having a Major Effect

Retailers Worldwide that Have Experienced Major Mcommerce Growth, 2014 & 2015 (% of respondents)
Mobile’s importance is becoming undeniable


Mobile still accounts for a fairly small share of total retail sales, and, in many markets, even of digital retail sales. But retailers are feeling the impact of mobile devices.

In 2014, a little over half (57%) of retailers worldwide surveyed by payment solutions provider Payvision reported experiencing major growth in mcommerce sales. Among the total, 33% strongly agreed that growth was significant—already a sizeable share. But by 2015 the evidence in favor of mcommerce was overwhelming. Nearly half of respondents were now in the “strongly agree” group, with an additional 34% agreeing more generally. 

Overall, 79% of retailers worldwide were undergoing major mcommerce growth this year. More retailers around the world are getting into omnichannel as a result. This year, 91% of respondents said they offered customers the option to shop and pay across multiple devices. That was up from 84% last year. 

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