{"id":4903,"date":"2020-11-30T10:22:43","date_gmt":"2020-11-30T10:22:43","guid":{"rendered":"https:\/\/www.zuantechnologies.com\/blog\/?p=4903"},"modified":"2021-01-12T13:44:54","modified_gmt":"2021-01-12T13:44:54","slug":"7-ways-of-mcommerce-business-to-make-revenue","status":"publish","type":"post","link":"https:\/\/www.zuantechnologies.com\/blog\/7-ways-of-mcommerce-business-to-make-revenue\/","title":{"rendered":"7 Ways of M-Commerce Business to Make Revenue"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Mobile apps and mobile commerce are rapidly growing these days, whereas one billion mobile users do online shopping every day. Mobile shopping is driving one-third of the total e-commerce revenue.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In recent years, the cost of creating mobile apps has dropped than before. This is an advantage for business owners and we can find thousands of mobile apps in the marketplace.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are a huge number of mobile apps available such as business apps, eCommerce apps, retail apps, etc.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Online shopping is a sensation across the global markets. As people find mobile apps very convenient for shopping, mobile commerce has developed into the next generation of e-commerce using digital marketing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">E-commerce businesses or online retailers, (irrespective of small or large sizes) mobile apps have become the most useful tool to market their businesses to acquire potential customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As research predicts, 66% of the global population use mobile devices,\u00a0 and in that 90% of people spend time using mobile apps only 10 % on the Internet. Now you know, Mobile commerce is the goldmine for online retailers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With eCommerce mobile apps like Amazon, Jio Mart, and Flipkart customers search for products, compare prices, buy products online, share products, or favorite items with family.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">E-commerce apps also offer a variety of loyalty and reward programs for customers to keep shopping. Users shop with brands and retailers who offer coupons, rewards, and discounts more! Therefore it increases sales and revenue as a result.<\/span><\/p>\n<h2><b>M-Commerce Business<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Simply creating mobile apps for e-commerce can\u2019t drive the desired sales and profit. By offering a good experience and engaging customers can offer additional value to businesses. Don\u2019t hesitate to invest in mobile apps, it\u2019s a wise option to get loyal customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re not convinced, check with your competitors if they have one then probably you must include it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In <\/span><i><span style=\"font-weight: 400;\">this blog, you will find the top 7 ways mobile commerce is beneficial for businesses with examples.<\/span><\/i><\/p>\n<h3><b>#1 Faster Purchases<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Most of the business sites have mobile applications because the loading time is 1.5 times faster with search results on smartphones.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, using mobile apps customers can shop the products very fast and conveniently. The functionalities of <\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/different-types-mobile-application-development-every-business-owner-must-know\/\"><span style=\"font-weight: 400;\">mobile e-commerce apps<\/span><\/a><span style=\"font-weight: 400;\"> are basically like other desktop apps and customers can shop directly from these apps.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The statistics of M-commerce shows, 30-40% growth rate in 2014, whereas it reached 150 billion dollars in 2017 and now it accounts for 4.058 trillion dollars by 2020<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amazon revenue forecasts 43 million customers before 3 years and now it has about 67 million customers. This huge growth rate predicts how mobile apps are helpful in driving revenue for businesses.<\/span><\/p>\n<h3><b>#2 Better Customer Experience<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Mobile users are now familiar with smartphones or tablets and navigate easily through apps. This makes it easier for businesses to provide a better user experience to customers as they can share the products or purchase desired products. The advantage of customer experience is huge in <\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/how-mobile-apps-can-improve-the-sales-of-every-business\/\"><span style=\"font-weight: 400;\">transforming high conversions and revenue.<\/span><\/a><\/p>\n<p><i><span style=\"font-weight: 400;\">For driving more sales, make sure to offer these <\/span><\/i><a href=\"https:\/\/www.zuantechnologies.com\/blog\/12-essential-mobile-app-features-every-business-must-retain-customers\/\"><i><span style=\"font-weight: 400;\">features in mobile apps,<\/span><\/i><\/a><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fast<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Convenient<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interactive<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Exclusive<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Every mobile user expects only the simple and fast loading speed from mobile apps. Make sure to provide it to satisfy the overall customer experience. To attract customers to download your mobile apps, you can add features like notifications of discounts, payment options, and offers, etc.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to marketing land reports, 83% of customers prefer online shopping using smartphones instead of real stores.<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">RELATED READS:<\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/8-mcommerce-gamify-plans-of-business-to-predict-sale\/\"><span style=\"font-weight: 400;\">8 Mcommerce Gamify Plans of Business to Predict Sale<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><\/blockquote>\n<h3><b>#3 Push Notifications are The Key<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The major drawback with the website is that they can\u2019t send push notification which is available for mobile apps. You can send promotional emails about offers or sales, but the website can\u2019t directly engage with the audience.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whereas <\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/5-ways-use-push-notification-boost-user-engagement\/\"><span style=\"font-weight: 400;\">push notifications are instant direct<\/span><\/a><span style=\"font-weight: 400;\"> as you can navigate customers easily in simple steps. This is the major reason that e-commerce should include mobile apps for their businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All these promotional offers keep the audience engaging with your mobile apps. Which also makes shoppers download your app for exclusive deals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per the reports, 50% of mobile users like notifications, and 80% of users agree that it converts them into loyal customers. This initiates direct communication between customers and store owners through notification.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most people like such notifications with some interesting sale going on or specific news about seasonal offers.<\/span><\/p>\n<h3><b>#4 Personalized Content<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">With mobile apps, you can send personalized content to specific people based on their interests effectively.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can create personalized content including things like customers&#8217; location, interests, social media profiles, shopping history, etc. which is useful for companies to find their customer&#8217;s needs significantly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Using mobile apps, you can differentiate users according to their preferences and customer data. Mobile apps can track users&#8217; behavior and send tailored content in real-time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result, it increases customer loyalty and customer outreach by creating brand awareness of your products or services. If you are being personal with your target customers, you are more likely to double sales.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, the Amazon mobile app has reached 1,000,000 customers within the first two years of launch.<\/span><\/p>\n<h3><b>#5 Strong Analytics<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Ensure to know your customer&#8217;s data, including their basic information such as, age, sex, location, shopping history to serve their demand better. Using mobile apps, you can set customer analytics based on various factors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With user data, you can build your business strategy better and you can increase revenue by reaching more target audiences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, list your customer with their Names, phone numbers, emails, shopping patterns, and various things in store.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, Walmart&#8217;s app having 22 million customers uses mobile data, online data, and sales data for offering a<\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/importance-mobile-application-development-small-business-2020\/\"><span style=\"font-weight: 400;\"> better customer experience in online stores.<\/span><\/a><\/p>\n<h3><b>#6 Cost-effective and Productive\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Mobile apps not only help you to reach customers faster, but it also reduces the cost of marketing campaigns to a great extent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Make sure to integrate your mobile app into social media integrations as it helps to spread the word of your brand awareness better. Also, you can run ads within your app which gives you some income.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you compare the cost of mobile app development with other web stores, it\u2019s very cheap.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if your mobile app maintenance cost is 20%\u00a0 and you have spent $10,000 per year. It helps you to boost your revenue up to 40% based on the analysis.\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">RELATED READS: <\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/8-metrics-of-grocery-store-app-that-grow-your-roi\/\"><span style=\"font-weight: 400;\">8 Metrics of Grocery Store App that Grow your ROI<\/span><\/a><\/p><\/blockquote>\n<h3><b>#7 Real-time Navigation<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Mobile apps are better than other marketing opportunities including, Front and back cameras, QR codes, positioning systems for location, compass, accelerometer, gyroscope, and a wide range of built-in features for commercial uses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The top-notch <\/span><a href=\"https:\/\/www.zuantechnologies.com\/blog\/advantages-of-mobile-commerce-you-need-to-know\/\"><span style=\"font-weight: 400;\">advantage of m-commerce solutions<\/span><\/a><span style=\"font-weight: 400;\"> is real-time customer navigation to stores nearby using location-based GPS.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Which helps customers to navigate your store easily. For instance, IKEA offers indoor navigation in the newest android\/ IOS apps. Home Depot app with 40,000 items in every store.<\/span><\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Mobile apps are ruling the digital space, let it be Amazon or Instagram the reach for apps is phenomenal<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Analysts predict that most of the online shoppers shop using a tablet device. Moreover, you can call it E-commerce apps, retail apps, or shopping apps, but the profit it delivers is exponential.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many business owners are updating to new technology each day, still, they are trying to provide the best shopping experience for their customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, mobile apps are more convenient and provide an easy shoppers method for its users.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, make sure to invest in mobile apps for your business\/company as it assures increasing your sales and net worth. If you\u2019re looking for <\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.zuantechnologies.com\/mobile-application-development\">the best mobile app development services<\/a>\u00a0<\/span><span style=\"font-weight: 400;\">for your business, feel free to contact us!\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.zuantechnologies.com\/mobile-application-development\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4121\" src=\"https:\/\/www.zuantechnologies.com\/blog\/wp-content\/uploads\/2017\/03\/mobile-app-development-cta.jpg\" alt=\"mobile app development\" width=\"1000\" height=\"300\" srcset=\"https:\/\/www.zuantechnologies.com\/blog\/wp-content\/uploads\/2017\/03\/mobile-app-development-cta.jpg 1000w, https:\/\/www.zuantechnologies.com\/blog\/wp-content\/uploads\/2017\/03\/mobile-app-development-cta-300x90.jpg 300w, https:\/\/www.zuantechnologies.com\/blog\/wp-content\/uploads\/2017\/03\/mobile-app-development-cta-768x230.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobile apps and mobile commerce are rapidly growing these days, whereas one billion mobile users do online shopping every day. Mobile shopping is driving one-third of the total e-commerce revenue.\u00a0 In recent years, the cost of creating mobile apps has dropped than before. This is an advantage for business owners and we can find thousands [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4910,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[862],"tags":[],"class_list":["post-4903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mcommerce"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>7 Ways of Mcommerce Business to Make Revenue<\/title>\n<meta name=\"description\" content=\"Mcommerce Business offers faster purchases, better customer experience, push notification, personalize content, strong analytics, cost-effective and real-time navigation. 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