Mobile Retailing News Weekly - Week of May 2, 2011

The 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 and mobile marketing applications that I run across each week.  I am specifically targeting market size and market trend information.

Also read Field Mobility News Weekly
Also read Mobile Money News Weekly
Also read Mobility News Weekly
Also read M2M News Monthly

Research firm InMobi predicts U.S. mobile shopping to become a $9 billion industry in 2011, a significant jump from the $2.4 billion from 2010.

http://www.creativedepartment.com/news/marketing/report-consumers-prefer-mobile-over-pcs-online-shopping-187400

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Research in Motion will soon release a new BlackBerry device that is enabled with NFC programming that enables its use for mobile payments.

http://www.wirelessweek.com/News/Feeds/2011/05/wireless-rim-unveils-blackberry-bold-9900-and-9930/

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A new report indicates that the mobile retail market, which was worth $4.1 billion in 2009, will experience average annual growth of about 24 percent during the next four years to reach slightly more than $12 billion in 2014.

http://www.marketingvox.com/mobile-retail-expected-to-top-12b-in-14-046408/

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PayPal is expected to have over $2 billion worth of mobile payment sales in 2011, more than three times the mobile payments of 2011.

http://www.treocentral.com/content/Stories/2915-1.htm

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The founder of Square has announced that the company is now processing over $2 million worth of mobile payments per day.

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/04/29/businessinsider-square-is-now-processing-2-million-worth-of-payments-per-day-2011-4.DTL

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Pyxis Mobile provides an agile, powerful, and secure mobile enterprise application platform.  It enables rapid cross-platform application development, unlimited data integration, enterprise-grade security, and the unique ability to change and update applications in real time.  This newsletter is sponsored in part by Pyxis Mobile, http://pyxismobile.com/.

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The bank ING Direct has a new iPhone app that allows customers to transfer payments by “bumping” phones.

http://content.usatoday.com/communities/technologylive/post/2011/04/bank-lets-customers-pay-friends-by-bumping-phones/1

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A new survey from British Research Consortium has shown that people in the U.K. are willing to use mobile phones to pay for goods in shops.

http://www.financenews.co.uk/fnews/research-reveals-britons-would-be-comfortable-using-their-phones-for-purchases/

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Square Inc. has recently announced that it is partnering with Visa for its mobile payments startup.

http://www.dailytech.com/Square+Mobile+Payments+Startup+Receives+Large+Investment+from+Visa/article21487.htm

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A study by Google has found that mobile ads drive smartphone users to take actions such as visiting a website or making a purchase.

http://www.mobilemarketer.com/cms/news/research/9822.html

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Mobile shopping is growing substantially as now 50 percent of people aged 18 to 64 are using smartphones to pay for online purchases.

http://adage.com/article/adagestat/shoppers-mobile-shoppers/227235/

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The pilot stage of NFC payments at Starbucks Coffee has shown that point of sale can be a success with the appropriate environment.

http://www.americanbanker.com/bulletins/-1036436-1.html

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A report by Google shows that the number of retail searches conducted on mobile devices increased by 181 percent since last year.

http://news.parcel2go.com/ParcelDeliveryNews/mobile-retail-search-traffic-up-181-year-on-year-800352342.aspx

Recent Articles by Kevin Benedict

At a Glance – Enterprise Mobility Solutions
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Efficient Workforces and Network Centric Mobility Strategies
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The Business Benefits of Mobile Adoption with SAP Systems
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Redstone Arsenal’s (DOD/Chugach) 3 Maintenance Challenges Solved by Mobile
The Real-Time Mobile Enterprise: The Benefits of Rapid, Easy Access
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Kevin Benedict, Independent Mobile and M2M Industry Analyst, SAP Mentor Volunteer

Follow me on Twitter @krbenedict

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