Tpma m commerce - march 26 2013

18
Mobile Commerce
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    22-Oct-2014
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    Business

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Presentation on Mobile Commerce by Nicolas Dinh from MasterCard for the Toronto Product Management Association, March 27th, 2013.

Transcript of Tpma m commerce - march 26 2013

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Mobile Commerce

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US Thanksgiving / Black Friday 2012

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• $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

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Source: IBM

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Commerce → eCommerce → mCommerce

What is Mobile Commerce?

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What is Mobile Commerce?

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Commerce• Being able to

buy/sell

eCommerce•Using a computing

device•Connected to an

online network

mCommerce•Anytime

•Anywhere

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Phases of Commerce Model

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Inspiration

Investigation

Research

SearchTransaction

Use

End Of Life

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Phases of Commerce Model

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Inspiration

Investigation

Research

SearchTransaction

Use

End Of Life

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Phases of Commerce Model

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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

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Changing Face of Commerce

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• (Frictionless) Payments

• Product / Service Discovery

• Location

• Personalization

– Identity

– Recommendations and Predictive Analysis

Mobile Commerce: Key Components To Success

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Payments

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Make it easy and seamless as possible!

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Product Barcodes

Product Discovery

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• Generally unique identifiers for products, standards based

• QR Codes

– Encode up to 4K characters

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

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NFC

Product Discovery

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• Services / APIs to:

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

– Merchant location data (addresses

– Real-time inventory status

Location Services

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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

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Recommendations & Predictive Analysis

Personalization

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Item

Taste, Preference, Interest

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

customer?

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Tesco Homeplus

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