Kevin's Mobile Retailing News Weekly - October 5, 2010

Kevin's Mobile Retailing News Weekly is an online newsletter that is made up of the most interesting news, articles and links related to mobile retailing applications, mobile payments and mobile marketing applications that I run across each week. I am specifically targeting market size and market trend information.

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For years the dream of a U.S. mobile wallet was "just around the corner" only to be pushed back further down the road. Then came the iPhone, and the mobile wallet took form.

http://www.networkworld.com/news/2010/100110-mobile-wallet-coming.html?hpg1=bn

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Research from Retrevo shows that those consumers who own an Apple iPhone are more likely to shop online from their phones than those consumers who own phones based on Google Android or BlackBerry operating systems.

http://www.zippycart.com/ecommerce-news/1496-new-gadget-report-provides-mobile-commerce-insight.html

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A dramatic downdraft in overall mobile phone ownership has robbed mobile banking of its forward thrust, but the rapid rise of smartphones is compensating for much of that loss, a new research report says.

http://www.digitaltransactions.net/newsstory.cfm?newsid=2651

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A recent survey of 13 public sector banks, seven private sector lenders and four foreign origin banks by the Boston Consultancy Group for the Indian Banks Association found overwhelming support for the concept of mobile banking.

http://www.business-standard.com/india/news/bankers-gung-ho-about-mobile-banking-survey/110022/on

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Mobile payments have generated a great deal of speculation in the media, but the actual implementation in the United States is still a long ways off, according to a new report from IDC Financial Insights.

http://www.selfserviceworld.com/article/158621/Mobile-payments-in-the-U-S-remain-an-attractive-but-elusive-idea-Study

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Smartsoft Mobile empowers some of the world’s largest multi-national organizations to extend and improve business processes by providing mobile solutions to their employees and customers. Smartsoft has more than 700 experienced ERP/mobile consultants with over 5,000 man years of experience helping 400,000 plus mobile users achieve their business goals with powerful mobile B2B and B2C applications, designed and developed specifically for today’s popular consumer and industrial grade mobile devices. For more information please visit, http://www.smartsoftmobile.com/. This newsletter is sponsored in part by Smartsoft Mobile Solutions.

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Mobile online transactions are growing at a fast pace. According to market researcher ABI Research, there will be 20 times more data and 40 times more mobile transactions by 2015.

http://venturebeat.com/2010/09/16/ibm-launches-software-that-will-help-corporations-embrace-social-media-and-mobile-devices/

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PayPal has been partnering up with companies like Google for mobile payments, and it is expecting to see some huge business before the year’s end. More specifically, PayPal expects to see approximately $500 million in mobile payments before 2011.

http://www.intomobile.com/2010/09/09/paypal-expects-to-close-2010-with-500-million-in-mobile-payments/

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The startup company MobilePay USA says it can offer mobile payments with just an iPhone app, letting users leave their wallet at home.

http://www.pcmag.com/article2/0,2817,2369877,00.asp

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The cash free world of buying lunch with the swipe of a smartphone - no wallet needed - is fast approaching. By 2011 firms promoting smartphone payment systems say a limited number of U.S. consumers will be able use their cell phones to make purchases.

http://www.pcworld.com/article/206685/some_merchants_to_accept_smartphonebased_purchasing_in_2011.html?tk=hp_new

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With consumers increasingly using their smartphones for services like banking and bill payment, it is clear they want even more applications for their sophisticated mobile devices.

http://www.stores.org/STORES%20Magazine%20October%202010/enabling-mobile-wallet

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Visa Inc. is conducting trials with Wells Fargo & Co., Bank of America Corp., JPMorgan Chase Co. and U.S. Bancorp, allowing customers to spend money from their existing debit or credit card accounts via their smartphones.

http://articles.sfgate.com/2010-09-19/business/24011465_1_mobile-payments-contactless-payments-payment-experience

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Millions of people no longer head home to sign on to the Internet to shop; and that number is growing as fast as iPhone, Android and BlackBerry mobile devices can be stocked in stores.

http://www.dallasnews.com/sharedcontent/dws/bus/stories/DN-MobileShopping_29bus.ART.State.Edition1.249477b.html

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Mobile Marketing has seen growth of over 600 percent in the past year. The Kelsey groups forecasts 2000 percent growth by 2013.

http://smartsoftmobile.com/wordpress/2010/10/05/mobile-marketing-trends/

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A study conducted by mobile wallet solution provider Alcatel-Lucent found that 89 percent of the participants would be willing to pay a monthly fee to get a mobile wallet service.

http://www.nearfieldcommunicationsworld.com/2010/09/28/34505/89-of-young-consumers-willing-to-pay-for-mobile-wallet-services/

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Newcomer CheckPoints is taking a slightly different approach to the mobile shopping space with a service that combines check ins, barcode scanning and rewards for an all-in-one consumer and brand friendly platform.

http://mashable.com/2010/09/27/checkpoints/

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By the middle of last year, eBay users could buy items directly from a mobile eBay site or applications like the one for the iPhone. By the end of 2009, customers had bought $600 million worth of products from their mobile phones, Yankovich said.

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/09/07/urnidgns002570F3005978D888257790008347E5.DTL

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According to Gartner, almost three billion of the world's population will be able to make electronic transactions via mobile or Internet technology by 2014.

http://voicendata.ciol.com/content/news/110100404.asp

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Recent articles by Kevin Benedict

• SAP's Consumer Mobile Initiative
• Location Based Services and Mobile Retailing Applications
• What Everyone Wants but Few Have - Mobile SDK
• Ventureforth Delivers Mobile Enterprise Solutions for Oracle PeopleSoft Using Syclo's Agentry Platform
• SMS, Human Capital Management and Mobile Applications
• Do SAP and Sybase Recognize What’s Happening?
• Mobile Expert Interview Series: WorkLight's COO Kurt Daniels
• Virtual Utility Summit – Optimize Your Mobile Workforce
• Santa Claus Smartphones and Online Shopping
• iPhone Owners First in Online Shopping and BlackBerry Owners are Last

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Archived editions of Kevin's Mobile Retailing News Weekly are available at http://mobileenterprisestrategies.blogspot.com/p/mobile-retail-news-weekly.html

You can follow me on Twitter @krbenedict and read my blog, Enterprise Mobility Strategies for SAP and Others.

Also available are Kevin’s M2M News Weekly and Kevin’s Mobility News Weekly.

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Kevin Benedict, SAP Mentor, SAP Top Contributor, Mobile and M2M Industry Analyst
Phone +1 208-991-4410
Follow me on Twitter @krbenedict
Join SAP Enterprise Mobility on Linkedin: http://www.linkedin.com/groups?about=&gid=2823585&trk=anet_ug_grppro

Full Disclosure: I am an independent mobility consultant, mobility analyst, writer and Web 2.0 marketing professional. I work with and have worked with many of the companies mentioned in my articles.

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