SlideShare a Scribd company logo
The Mobile Commerce Impact – From Characteristics to
Implementation
1. Abstract
2. Introduction – M-commerce Definition
3. M-commerce Characteristics
4. Issues with M-commerce
 Measurement issues
 Security issues
 Competition issues
 Standardization issues
5. M-commerce Benefits
6. Implementing m-commerce solutions
 Mobile Internet Site (Or) Application
 Deploying m-commerce solution
 Transcoded
 Integrated
7. Conclusion
8. References
Abstract
E-commerce with no doubt has influenced the global business environment to some
greater levels. However, several organizations still trust technologies, applications
and infrastructures which can bring more profits and fames to their businesses.
Mobile commerce is one such innovative environment in which mobile computing
and wireless technologies are capable of centering the attraction of customers in an
absolute way. M-commerce has become the all-time favorite area of interest of
today’s firms. Right from the day m-commerce revolution began, it is creating
opportunities for mobile devices and services. Recent statistics and predictions
indicate that m-commerce is currently generating more strategic advantages to firms
both in terms of revenue and popularity. In this paper, we’ll study about the impact
m-commerce has created in today’s businesses.
Introduction
Most of the businesses today have transformed from being conducted on traditional
marketplaces to the new innovative marketplace. Internet and ecommerce have
provided a major impact on the global business environment and has changed the
traditional way of conducting business. The m-commerce trend has been set up
exclusively to create new opportunities to both mobile devices and services and
henceforth provides the same capabilities, functionalities and mobility of
ecommerce.
M-commerce Definition: M-commerce, also known as wireless commerce or
mobile e-commerce represents any monetary business activity conducted via mobile
communication networks. Few studies define m-commerce as all activities related to
commercial transaction conducted through communications networks that interface
with wireless/mobile devices. It can also be defined as the use of handheld
wireless/mobile devices to communicate, interact and transact via high speed
connection to the internet.
M-commerce Characteristics
The ultimate reason why people adopt m-commerce is due to its unique
characteristics. It has two fundamental characteristics - mobility and reachability.
Mobility capability of mobile devices provides users with a free of time and location.
Reachability on the other end is directly related to mobility. These two characteristics
can solve any geographic or time obstacles of a particular situation. Other
characteristics and attributes include ubiquity, user identity, location awareness and
interactivity, security and instant connectivity.
Studies state that ubiquity is the utmost advantage of m-commerce because it can
satisfy the need for real time information and communication anywhere, regardless
of a user's location. Furthermore, size and portability would be an important reason
for potential customers to adopt mobile devices. The desire to buy mobile devices
can be easily satisfied by these characteristics.
Issues with M-commerce
An early adopter of new technology often assumes some level of risk. M-commerce
is a new innovation in the electronic market. Thus, many firms have been very
skeptical of m-commerce and many industries have not examined its potential. As a
result, there is not much research regarding its' impacts.
There has been some research, however on general aspects of m-commerce, such
as m-commerce technology and applications. Another research has been focused
on the issues and challenges of m-commerce. These issues and challenges differ
one in other way depending upon the development of m-commerce market. In order
for m-commerce to be successful, firms must be aware of possible problems and
solutions. Recognizing m-commerce issues, as well as trying to solve them should
be at the strategic core for many m-commerce firms. Discussed below is each issue
individually.
 Measurement issues
M-commerce firms need to define new measurement indicators. In future, m-
commerce market will be close saturation, so traditional mobile growth issues will be
inappropriate. Therefore, m-commerce firms should define new specific indicators
which must reflect the advanced segmentation of the market by service and its
users. New indicators in this field should be capable of measuring the growth of the
market by service and its users. In order to define new indicators, firms should first
recognize their position in each sector of industry, which will give them more detailed
information to decide their needs.
 Security issues
Like many other business using technology, security issues are probably the
greatest concern of any m-commerce firm. Even if m-commerce is a new evolution
for many businesses, such businesses can sustain substantial threats without a
secure environment. Most ecommerce businesses have security control counter
plans in the form of processes, technology and organizations that can be
implemented to eliminate vulnerability and reduce security risks. These controls
involve various technologies such as firewalls, anti-virus protection, user
identification, authentication and secure device management. Even if security
concerns are very common for any type of ecommerce, m-commerce firms should
develop and provide additional technology for a secure environment.
 Competition issues
Another consideration of strategic plans would be the issue of competition. M-
commerce market has started to influence the consumer markets as e-commerce
did. With this trend, m-commerce firms should consider both managerial and
technological plans that will play a crucial role in order to be more competitive. For
managerial implementation, m-commerce firms should be able to evaluate their
competitors, customers and many others inside and other factors which affect them.
Apart all, m-commerce firms need to develop more advanced mobile technology and
networks in order to deal with competitors.
 Standardization issues
Standardization is yet another important issue that m-commerce firms must
consider. It is not easy to standardize new technology or business concept. Various
hardware, infrastructures and applications among m-commerce firms make
standardization difficult, especially in integrating data and the many rapidly changing
requirements. The main purpose of standardization for m-commerce is to ensure
interoperability. It plays a crucial role for many businesses not only in terms of time
and communication, but also it reduces costs of the workforce and operation
management.
M-commerce Benefits
M-commerce is generating plenty of benefits as that of e-commerce. Initially, m-
commerce targeted individual customers rather than businesses. In other words, m-
commerce is keenly intended to customer oriented areas, thereby providing
individuals with better data exchange and communication. The present usage of m-
commerce is not only for individuals but also for organizations. Firms have
recognized the urgency of launching mobile versions for their websites and are
considering it a successful strategy for their businesses.
The benefits of m-commerce are reflected in two aspects: indirect and direct
benefits. Regarding indirect, m-commerce provides more competitive advantages
than other firms. M-commerce initiatives bring the rapid development and
deployment of customized wireless applications, as well as the integration of these
applications with an organization's existing communication and data infrastructure.
Implementing m-commerce solutions
The above discussed cases clearly illustrated the risks or issues associated with m-
commerce. Though the issues might be over hyping, there must be a clear cut way
to implement m-commerce solutions. There are a multiple straight forward and
fundamental things which can be done in mobile that will provide m-commerce
revenues without the hype. A transactional function can be added to both a mobile
internet site or within an app. Another significant functionality with m-commerce is, it
requires interaction with banking industry approved systems, security issues and so
on. However, as you see through the quote from M&S, the investment can pay off
and as the research from IAB and other is showing, customers are leading the
charge and transacting through mobile, in spite of whether retailers want them to or
are ready for them to or not.
Conclusion
This paper clearly illustrated the m-commerce impact in today’s world – right from
characteristics to implementation. M-commerce however is not a technology, but it is
about discovering innovative ways to define value for customers as well as to
conduct business. Once m-commerce issues and challenges have been
incorporated into the policies of a company, more benefits could be expected.
Therefore, in the future, research needs to focus on two aspect; the influences that
determine the success of m-commerce and the benefits themselves.
References
For a better understanding of any technical terms or acronyms mentioned in this
White Paper visit: www.contus.com
Mobile Commerce, Mobile Banking - The Emerging Paradigm (RBI docs, 2009)
Mobile Commerce: Opportunities and Challenges (GS1 Mobile Com, February 2008)
MOBILE COMMERCE : The Future Is Here (3D Cart.com, 2010)
How to Create a Mobile Version of your Website (1st
Web Designer, Abhishek, 2010,
http://www.1stwebdesigner.com/tutorials/mobile-version-website/)
How To Build A Mobile Website (Jon Raasch, November 3rd, 2010,
http://mobile.smashingmagazine.com/2010/11/03/how-to-build-a-mobile-website/)
M-Commerce – The Complete Picture (Matt Swan, Affiliatewindow.com)

More Related Content

What's hot

E commerce project
E commerce project E commerce project
E commerce project
dezyneecole
 
A study on consumer buying behavior towards online retailers in Delhi NCR
A study on consumer buying behavior towards online retailers in Delhi NCRA study on consumer buying behavior towards online retailers in Delhi NCR
A study on consumer buying behavior towards online retailers in Delhi NCR
kanishamittal1
 
Ppt of e commerce, slide show of e commerce
Ppt of e commerce, slide show of e commercePpt of e commerce, slide show of e commerce
Ppt of e commerce, slide show of e commerce
BabluAgrahari
 
Amrit E-commerce project
Amrit E-commerce project Amrit E-commerce project
Amrit E-commerce project
dezyneecole
 
E commerce full notes
E commerce full notes   E commerce full notes
E commerce full notes
RAJESH KATIYAR
 
E commerce in India literature review
E commerce in India literature reviewE commerce in India literature review
E commerce in India literature reviewAbhishek Yadav
 
Shumbam E commerce Project
Shumbam E commerce ProjectShumbam E commerce Project
Shumbam E commerce Project
dezyneecole
 
E commerce thesis
E commerce thesisE commerce thesis
Kakshsisbsh
KakshsisbshKakshsisbsh
Kakshsisbsh
ChimanlalPatel
 
E commerce
E commerce E commerce
E commerce
jamshee9895
 
Ecommerce and its future in Bangladesh
Ecommerce and its future in BangladeshEcommerce and its future in Bangladesh
Ecommerce and its future in Bangladesh
Shariful Haque
 
Divya E-commerce project
Divya E-commerce project Divya E-commerce project
Divya E-commerce project
dezyneecole
 
E-commerce in India
E-commerce in IndiaE-commerce in India
E-commerce in India
rishabhrai123
 
E commerce
E commerceE commerce
E commerce
Toshi Patel
 
E commerce, benefits, drivers,myths and realities
E commerce, benefits, drivers,myths and realitiesE commerce, benefits, drivers,myths and realities
E commerce, benefits, drivers,myths and realities
Anubha .
 
Project Report - SME Furniture E Retail R4
Project Report - SME Furniture E Retail R4Project Report - SME Furniture E Retail R4
Project Report - SME Furniture E Retail R4Manish Hirve
 
Role Of ecmmerce on Indian Economy
Role Of ecmmerce on Indian EconomyRole Of ecmmerce on Indian Economy
Role Of ecmmerce on Indian Economy
Pragati Mehndiratta
 
e commerce project report,E-Commerce,Eshop,report
e commerce project report,E-Commerce,Eshop,reporte commerce project report,E-Commerce,Eshop,report
e commerce project report,E-Commerce,Eshop,report
BabluAgrahari
 

What's hot (20)

Ecommerce
EcommerceEcommerce
Ecommerce
 
E commerce project
E commerce project E commerce project
E commerce project
 
A study on consumer buying behavior towards online retailers in Delhi NCR
A study on consumer buying behavior towards online retailers in Delhi NCRA study on consumer buying behavior towards online retailers in Delhi NCR
A study on consumer buying behavior towards online retailers in Delhi NCR
 
Ppt of e commerce, slide show of e commerce
Ppt of e commerce, slide show of e commercePpt of e commerce, slide show of e commerce
Ppt of e commerce, slide show of e commerce
 
Amrit E-commerce project
Amrit E-commerce project Amrit E-commerce project
Amrit E-commerce project
 
E commerce full notes
E commerce full notes   E commerce full notes
E commerce full notes
 
E commerce in India literature review
E commerce in India literature reviewE commerce in India literature review
E commerce in India literature review
 
Shumbam E commerce Project
Shumbam E commerce ProjectShumbam E commerce Project
Shumbam E commerce Project
 
E commerce
E commerceE commerce
E commerce
 
E commerce thesis
E commerce thesisE commerce thesis
E commerce thesis
 
Kakshsisbsh
KakshsisbshKakshsisbsh
Kakshsisbsh
 
E commerce
E commerce E commerce
E commerce
 
Ecommerce and its future in Bangladesh
Ecommerce and its future in BangladeshEcommerce and its future in Bangladesh
Ecommerce and its future in Bangladesh
 
Divya E-commerce project
Divya E-commerce project Divya E-commerce project
Divya E-commerce project
 
E-commerce in India
E-commerce in IndiaE-commerce in India
E-commerce in India
 
E commerce
E commerceE commerce
E commerce
 
E commerce, benefits, drivers,myths and realities
E commerce, benefits, drivers,myths and realitiesE commerce, benefits, drivers,myths and realities
E commerce, benefits, drivers,myths and realities
 
Project Report - SME Furniture E Retail R4
Project Report - SME Furniture E Retail R4Project Report - SME Furniture E Retail R4
Project Report - SME Furniture E Retail R4
 
Role Of ecmmerce on Indian Economy
Role Of ecmmerce on Indian EconomyRole Of ecmmerce on Indian Economy
Role Of ecmmerce on Indian Economy
 
e commerce project report,E-Commerce,Eshop,report
e commerce project report,E-Commerce,Eshop,reporte commerce project report,E-Commerce,Eshop,report
e commerce project report,E-Commerce,Eshop,report
 

Viewers also liked

Cmmaao pmi-resume template-10
Cmmaao pmi-resume template-10Cmmaao pmi-resume template-10
Cmmaao pmi-resume template-10vishvasyadav45
 
Vishvas resume template-5
Vishvas resume template-5Vishvas resume template-5
Vishvas resume template-5vishvasyadav45
 
Wilmington Blue Rocks 2012 Ticket Directory
Wilmington Blue Rocks 2012 Ticket DirectoryWilmington Blue Rocks 2012 Ticket Directory
Wilmington Blue Rocks 2012 Ticket Directorywilmbluerocks
 
TOLI Presentation -Short.pdfff
TOLI Presentation -Short.pdfffTOLI Presentation -Short.pdfff
TOLI Presentation -Short.pdfffSharath chandra
 
teste1
teste1teste1
teste1
Silvio Luiz
 
Kitkat AR
Kitkat ARKitkat AR
Kitkat AR
yakutarushdi
 
1 grønn ideologi historie og samarbeidspartnere
1 grønn ideologi historie og samarbeidspartnere 1 grønn ideologi historie og samarbeidspartnere
1 grønn ideologi historie og samarbeidspartnere
partiet
 
ใบงาน แบบสำรวจและประวัติของอัศวชาติ
ใบงาน แบบสำรวจและประวัติของอัศวชาติใบงาน แบบสำรวจและประวัติของอัศวชาติ
ใบงาน แบบสำรวจและประวัติของอัศวชาติAsswachart Penkhun
 
Best Children's Books 2014 - Fiction
Best Children's Books 2014 - FictionBest Children's Books 2014 - Fiction
Best Children's Books 2014 - Fiction
Sam Eddington
 
REALOGY8K11808
REALOGY8K11808REALOGY8K11808
REALOGY8K11808finance35
 
Getting ready for a higher wage floor
Getting ready for a higher wage floor Getting ready for a higher wage floor
Getting ready for a higher wage floor
ResolutionFoundation
 
Esculturas de Areia
Esculturas de AreiaEsculturas de Areia
Esculturas de Areia
Forgon Forgon
 
SkySQL Reference Architecture (Kaj Arno)
SkySQL Reference Architecture (Kaj Arno)SkySQL Reference Architecture (Kaj Arno)
SkySQL Reference Architecture (Kaj Arno)Ontico
 
Benutten van nieuwe technologie
Benutten van nieuwe technologieBenutten van nieuwe technologie
Benutten van nieuwe technologie
Kees Froeling
 
VLFM Newsletter “Dreams to Reality”.
 VLFM Newsletter “Dreams to Reality”. VLFM Newsletter “Dreams to Reality”.
VLFM Newsletter “Dreams to Reality”.
Confederation of Indian Industry
 
Marketing plan tianDe cz
Marketing plan tianDe czMarketing plan tianDe cz
Marketing plan tianDe czLiza Alypova
 

Viewers also liked (20)

Cmmaao pmi-resume template-10
Cmmaao pmi-resume template-10Cmmaao pmi-resume template-10
Cmmaao pmi-resume template-10
 
Vishvas resume template-5
Vishvas resume template-5Vishvas resume template-5
Vishvas resume template-5
 
Wilmington Blue Rocks 2012 Ticket Directory
Wilmington Blue Rocks 2012 Ticket DirectoryWilmington Blue Rocks 2012 Ticket Directory
Wilmington Blue Rocks 2012 Ticket Directory
 
Resume template 4
Resume template 4Resume template 4
Resume template 4
 
TOLI Presentation -Short.pdfff
TOLI Presentation -Short.pdfffTOLI Presentation -Short.pdfff
TOLI Presentation -Short.pdfff
 
teste1
teste1teste1
teste1
 
Kitkat AR
Kitkat ARKitkat AR
Kitkat AR
 
1 grønn ideologi historie og samarbeidspartnere
1 grønn ideologi historie og samarbeidspartnere 1 grønn ideologi historie og samarbeidspartnere
1 grønn ideologi historie og samarbeidspartnere
 
өлзий9
өлзий9өлзий9
өлзий9
 
ใบงาน แบบสำรวจและประวัติของอัศวชาติ
ใบงาน แบบสำรวจและประวัติของอัศวชาติใบงาน แบบสำรวจและประวัติของอัศวชาติ
ใบงาน แบบสำรวจและประวัติของอัศวชาติ
 
Best Children's Books 2014 - Fiction
Best Children's Books 2014 - FictionBest Children's Books 2014 - Fiction
Best Children's Books 2014 - Fiction
 
REALOGY8K11808
REALOGY8K11808REALOGY8K11808
REALOGY8K11808
 
Getting ready for a higher wage floor
Getting ready for a higher wage floor Getting ready for a higher wage floor
Getting ready for a higher wage floor
 
Esculturas de Areia
Esculturas de AreiaEsculturas de Areia
Esculturas de Areia
 
SkySQL Reference Architecture (Kaj Arno)
SkySQL Reference Architecture (Kaj Arno)SkySQL Reference Architecture (Kaj Arno)
SkySQL Reference Architecture (Kaj Arno)
 
Cmmaao issues-pmp-pmi
Cmmaao issues-pmp-pmiCmmaao issues-pmp-pmi
Cmmaao issues-pmp-pmi
 
Benutten van nieuwe technologie
Benutten van nieuwe technologieBenutten van nieuwe technologie
Benutten van nieuwe technologie
 
VLFM Newsletter “Dreams to Reality”.
 VLFM Newsletter “Dreams to Reality”. VLFM Newsletter “Dreams to Reality”.
VLFM Newsletter “Dreams to Reality”.
 
Marketing plan tianDe cz
Marketing plan tianDe czMarketing plan tianDe cz
Marketing plan tianDe cz
 
Edt 507
Edt 507Edt 507
Edt 507
 

Similar to Whitepaper the mobile-commerce-impact

The Mobile Commerce Impact – From Characteristics to Implementation
The Mobile Commerce Impact – From Characteristics to ImplementationThe Mobile Commerce Impact – From Characteristics to Implementation
The Mobile Commerce Impact – From Characteristics to Implementation
Zoyabennet
 
Mobile commerce state-of-the-market
Mobile commerce state-of-the-marketMobile commerce state-of-the-market
Mobile commerce state-of-the-market
Kumar Gaurav
 
CRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTORCRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTOR
SameerK23
 
Crm system (nbfc sector)
Crm system (nbfc sector)Crm system (nbfc sector)
Crm system (nbfc sector)
Gupta Ravi
 
Enterprise Mobility - Whitepaper
Enterprise Mobility - WhitepaperEnterprise Mobility - Whitepaper
Enterprise Mobility - Whitepaper
NIIT Technologies
 
Interview with Joe Dunsmore, Digi CEO
Interview with Joe Dunsmore, Digi CEOInterview with Joe Dunsmore, Digi CEO
Interview with Joe Dunsmore, Digi CEOMatt Ahart
 
Enterprise Mobility Solutions Guides.pdf
Enterprise Mobility Solutions Guides.pdfEnterprise Mobility Solutions Guides.pdf
Enterprise Mobility Solutions Guides.pdf
JPLoft Solutions
 
What does it take to go for mobile
What does it take to go for mobileWhat does it take to go for mobile
What does it take to go for mobile
myteratak
 
SMACology
SMACologySMACology
SMACology
Kartik Jha
 
E commerce
E commerceE commerce
E commerce
roselady18
 
Securely Adopting Mobile Technology Innovations
Securely Adopting Mobile Technology InnovationsSecurely Adopting Mobile Technology Innovations
Securely Adopting Mobile Technology Innovations
IBM Software India
 
Securely adopting mobile technology innovations for your enterprise using ibm...
Securely adopting mobile technology innovations for your enterprise using ibm...Securely adopting mobile technology innovations for your enterprise using ibm...
Securely adopting mobile technology innovations for your enterprise using ibm...
bupbechanhgmail
 
Enabling your Enterprise Mobility to tap New Growth Opportunities
Enabling your Enterprise Mobility to tap New Growth OpportunitiesEnabling your Enterprise Mobility to tap New Growth Opportunities
Enabling your Enterprise Mobility to tap New Growth Opportunities
NIIT Technologies
 
CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...
CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...
CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...
ijitcs
 
Mphasis SMAC
Mphasis SMAC Mphasis SMAC
Mphasis SMAC
Ankit Malviya
 
SMAC
SMACSMAC
SMAC
Mphasis
 
The Digital Challenge for Insurers
The Digital Challenge for InsurersThe Digital Challenge for Insurers
The Digital Challenge for Insurers
SeymourSloan
 
Retail Revolution: Thrive in Disruption
Retail Revolution: Thrive in DisruptionRetail Revolution: Thrive in Disruption
Retail Revolution: Thrive in Disruption
Booz Allen Hamilton
 
Don't come last in a mobile first --Whitepaper
Don't come last in a mobile first --WhitepaperDon't come last in a mobile first --Whitepaper
Don't come last in a mobile first --Whitepaper
Abhishek Sood
 

Similar to Whitepaper the mobile-commerce-impact (20)

The Mobile Commerce Impact – From Characteristics to Implementation
The Mobile Commerce Impact – From Characteristics to ImplementationThe Mobile Commerce Impact – From Characteristics to Implementation
The Mobile Commerce Impact – From Characteristics to Implementation
 
Mobile commerce state-of-the-market
Mobile commerce state-of-the-marketMobile commerce state-of-the-market
Mobile commerce state-of-the-market
 
CRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTORCRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTOR
 
Crm system (nbfc sector)
Crm system (nbfc sector)Crm system (nbfc sector)
Crm system (nbfc sector)
 
Enterprise Mobility - Whitepaper
Enterprise Mobility - WhitepaperEnterprise Mobility - Whitepaper
Enterprise Mobility - Whitepaper
 
M2M May TH ceo lr
M2M May TH ceo lrM2M May TH ceo lr
M2M May TH ceo lr
 
Interview with Joe Dunsmore, Digi CEO
Interview with Joe Dunsmore, Digi CEOInterview with Joe Dunsmore, Digi CEO
Interview with Joe Dunsmore, Digi CEO
 
Enterprise Mobility Solutions Guides.pdf
Enterprise Mobility Solutions Guides.pdfEnterprise Mobility Solutions Guides.pdf
Enterprise Mobility Solutions Guides.pdf
 
What does it take to go for mobile
What does it take to go for mobileWhat does it take to go for mobile
What does it take to go for mobile
 
SMACology
SMACologySMACology
SMACology
 
E commerce
E commerceE commerce
E commerce
 
Securely Adopting Mobile Technology Innovations
Securely Adopting Mobile Technology InnovationsSecurely Adopting Mobile Technology Innovations
Securely Adopting Mobile Technology Innovations
 
Securely adopting mobile technology innovations for your enterprise using ibm...
Securely adopting mobile technology innovations for your enterprise using ibm...Securely adopting mobile technology innovations for your enterprise using ibm...
Securely adopting mobile technology innovations for your enterprise using ibm...
 
Enabling your Enterprise Mobility to tap New Growth Opportunities
Enabling your Enterprise Mobility to tap New Growth OpportunitiesEnabling your Enterprise Mobility to tap New Growth Opportunities
Enabling your Enterprise Mobility to tap New Growth Opportunities
 
CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...
CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...
CRITICAL SUCCESS FACTORS FOR M-COMMERCE IN SAUDI ARABIA’S PRIVATE SECTOR: A M...
 
Mphasis SMAC
Mphasis SMAC Mphasis SMAC
Mphasis SMAC
 
SMAC
SMACSMAC
SMAC
 
The Digital Challenge for Insurers
The Digital Challenge for InsurersThe Digital Challenge for Insurers
The Digital Challenge for Insurers
 
Retail Revolution: Thrive in Disruption
Retail Revolution: Thrive in DisruptionRetail Revolution: Thrive in Disruption
Retail Revolution: Thrive in Disruption
 
Don't come last in a mobile first --Whitepaper
Don't come last in a mobile first --WhitepaperDon't come last in a mobile first --Whitepaper
Don't come last in a mobile first --Whitepaper
 

Recently uploaded

The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
PaulBryant58
 
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deckPitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
HajeJanKamps
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
Global Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdfGlobal Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdf
Henry Tapper
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
Role of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in MiningRole of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in Mining
Naaraayani Minerals Pvt.Ltd
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
Lookback Analysis
Lookback AnalysisLookback Analysis
Lookback Analysis
Safe PaaS
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 

Recently uploaded (20)

The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
 
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deckPitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
Global Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdfGlobal Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdf
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Role of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in MiningRole of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in Mining
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Lookback Analysis
Lookback AnalysisLookback Analysis
Lookback Analysis
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 

Whitepaper the mobile-commerce-impact

  • 1. The Mobile Commerce Impact – From Characteristics to Implementation 1. Abstract 2. Introduction – M-commerce Definition 3. M-commerce Characteristics 4. Issues with M-commerce  Measurement issues  Security issues  Competition issues  Standardization issues 5. M-commerce Benefits 6. Implementing m-commerce solutions  Mobile Internet Site (Or) Application  Deploying m-commerce solution  Transcoded  Integrated 7. Conclusion 8. References
  • 2. Abstract E-commerce with no doubt has influenced the global business environment to some greater levels. However, several organizations still trust technologies, applications and infrastructures which can bring more profits and fames to their businesses. Mobile commerce is one such innovative environment in which mobile computing and wireless technologies are capable of centering the attraction of customers in an absolute way. M-commerce has become the all-time favorite area of interest of today’s firms. Right from the day m-commerce revolution began, it is creating opportunities for mobile devices and services. Recent statistics and predictions indicate that m-commerce is currently generating more strategic advantages to firms both in terms of revenue and popularity. In this paper, we’ll study about the impact m-commerce has created in today’s businesses. Introduction Most of the businesses today have transformed from being conducted on traditional marketplaces to the new innovative marketplace. Internet and ecommerce have provided a major impact on the global business environment and has changed the traditional way of conducting business. The m-commerce trend has been set up exclusively to create new opportunities to both mobile devices and services and henceforth provides the same capabilities, functionalities and mobility of ecommerce. M-commerce Definition: M-commerce, also known as wireless commerce or mobile e-commerce represents any monetary business activity conducted via mobile communication networks. Few studies define m-commerce as all activities related to commercial transaction conducted through communications networks that interface with wireless/mobile devices. It can also be defined as the use of handheld wireless/mobile devices to communicate, interact and transact via high speed connection to the internet. M-commerce Characteristics The ultimate reason why people adopt m-commerce is due to its unique characteristics. It has two fundamental characteristics - mobility and reachability. Mobility capability of mobile devices provides users with a free of time and location. Reachability on the other end is directly related to mobility. These two characteristics can solve any geographic or time obstacles of a particular situation. Other characteristics and attributes include ubiquity, user identity, location awareness and interactivity, security and instant connectivity. Studies state that ubiquity is the utmost advantage of m-commerce because it can satisfy the need for real time information and communication anywhere, regardless of a user's location. Furthermore, size and portability would be an important reason for potential customers to adopt mobile devices. The desire to buy mobile devices can be easily satisfied by these characteristics. Issues with M-commerce
  • 3. An early adopter of new technology often assumes some level of risk. M-commerce is a new innovation in the electronic market. Thus, many firms have been very skeptical of m-commerce and many industries have not examined its potential. As a result, there is not much research regarding its' impacts. There has been some research, however on general aspects of m-commerce, such as m-commerce technology and applications. Another research has been focused on the issues and challenges of m-commerce. These issues and challenges differ one in other way depending upon the development of m-commerce market. In order for m-commerce to be successful, firms must be aware of possible problems and solutions. Recognizing m-commerce issues, as well as trying to solve them should be at the strategic core for many m-commerce firms. Discussed below is each issue individually.  Measurement issues M-commerce firms need to define new measurement indicators. In future, m- commerce market will be close saturation, so traditional mobile growth issues will be inappropriate. Therefore, m-commerce firms should define new specific indicators which must reflect the advanced segmentation of the market by service and its users. New indicators in this field should be capable of measuring the growth of the market by service and its users. In order to define new indicators, firms should first recognize their position in each sector of industry, which will give them more detailed information to decide their needs.  Security issues Like many other business using technology, security issues are probably the greatest concern of any m-commerce firm. Even if m-commerce is a new evolution for many businesses, such businesses can sustain substantial threats without a secure environment. Most ecommerce businesses have security control counter plans in the form of processes, technology and organizations that can be implemented to eliminate vulnerability and reduce security risks. These controls involve various technologies such as firewalls, anti-virus protection, user identification, authentication and secure device management. Even if security concerns are very common for any type of ecommerce, m-commerce firms should develop and provide additional technology for a secure environment.  Competition issues Another consideration of strategic plans would be the issue of competition. M- commerce market has started to influence the consumer markets as e-commerce did. With this trend, m-commerce firms should consider both managerial and technological plans that will play a crucial role in order to be more competitive. For managerial implementation, m-commerce firms should be able to evaluate their competitors, customers and many others inside and other factors which affect them. Apart all, m-commerce firms need to develop more advanced mobile technology and networks in order to deal with competitors.
  • 4.  Standardization issues Standardization is yet another important issue that m-commerce firms must consider. It is not easy to standardize new technology or business concept. Various hardware, infrastructures and applications among m-commerce firms make standardization difficult, especially in integrating data and the many rapidly changing requirements. The main purpose of standardization for m-commerce is to ensure interoperability. It plays a crucial role for many businesses not only in terms of time and communication, but also it reduces costs of the workforce and operation management. M-commerce Benefits M-commerce is generating plenty of benefits as that of e-commerce. Initially, m- commerce targeted individual customers rather than businesses. In other words, m- commerce is keenly intended to customer oriented areas, thereby providing individuals with better data exchange and communication. The present usage of m- commerce is not only for individuals but also for organizations. Firms have recognized the urgency of launching mobile versions for their websites and are considering it a successful strategy for their businesses. The benefits of m-commerce are reflected in two aspects: indirect and direct benefits. Regarding indirect, m-commerce provides more competitive advantages than other firms. M-commerce initiatives bring the rapid development and deployment of customized wireless applications, as well as the integration of these applications with an organization's existing communication and data infrastructure. Implementing m-commerce solutions The above discussed cases clearly illustrated the risks or issues associated with m- commerce. Though the issues might be over hyping, there must be a clear cut way to implement m-commerce solutions. There are a multiple straight forward and fundamental things which can be done in mobile that will provide m-commerce revenues without the hype. A transactional function can be added to both a mobile internet site or within an app. Another significant functionality with m-commerce is, it requires interaction with banking industry approved systems, security issues and so on. However, as you see through the quote from M&S, the investment can pay off and as the research from IAB and other is showing, customers are leading the charge and transacting through mobile, in spite of whether retailers want them to or are ready for them to or not. Conclusion This paper clearly illustrated the m-commerce impact in today’s world – right from characteristics to implementation. M-commerce however is not a technology, but it is about discovering innovative ways to define value for customers as well as to conduct business. Once m-commerce issues and challenges have been incorporated into the policies of a company, more benefits could be expected.
  • 5. Therefore, in the future, research needs to focus on two aspect; the influences that determine the success of m-commerce and the benefits themselves. References For a better understanding of any technical terms or acronyms mentioned in this White Paper visit: www.contus.com Mobile Commerce, Mobile Banking - The Emerging Paradigm (RBI docs, 2009) Mobile Commerce: Opportunities and Challenges (GS1 Mobile Com, February 2008) MOBILE COMMERCE : The Future Is Here (3D Cart.com, 2010) How to Create a Mobile Version of your Website (1st Web Designer, Abhishek, 2010, http://www.1stwebdesigner.com/tutorials/mobile-version-website/) How To Build A Mobile Website (Jon Raasch, November 3rd, 2010, http://mobile.smashingmagazine.com/2010/11/03/how-to-build-a-mobile-website/) M-Commerce – The Complete Picture (Matt Swan, Affiliatewindow.com)