Visitors Now:
Total Visits:
Total Stories:
Profile image
By SomeIT (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Time Spent In Retailers’ Mobile Apps Grows More Than Five-Fold In A Year, Flurry Finds

Friday, January 25, 2013 21:11
% of readers think this story is Fact. Add your two cents.

(Before It's News)

In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.

Consumers spent six times as much time in retailer apps in December compared to a year earlier, showing that shopping and commerce is finally beginning to take off on mobile platforms. Flurry, the mobile analytics startup, looked at about 1,800 iOS and Android apps from December 2011 to December of last year. They also broke it down into five other categories including Retailer Apps, Price Comparison, Purchase Assistant, Online Marketplace and Daily Deals. Time spent in apps overall grew by 132 percent year-over-year, so as you can see above, basically every category except for daily deals outpaced growth in the rest of the ecosystem. Retailer apps like ones directly from Walmart, Target, Macy’s, Victoria’s Secret, Gap and Saks 5th Avenue, grew the most in terms of time spent. Time spent in ‘Price Comparison’ apps like eBay’s RedLaser and Grocery IQ grew by 247 percent year over year. At the same time, “Purchase Assistant” apps like ShopSavvy and ShopAdvisor saw 228 percent more time spent. Even though Daily Deals apps like Groupon, which have spent millions on user acquisition, have seen their market share fall, they still saw the time spent metric at least double. Groupon has said in the past that one-third of its revenues come from mobile purchases in North America. But you can see how market share has changed for mobile commerce apps. Daily deals apps, which were very early to mobile platforms and could spend millions upon millions to acquire users every year, were first-movers. Now the rest of the space is catching up as big box retailers figure out how to use mobile apps to promote transactions. Retailers nearly doubled their market share in the shopping category, with 27 percent of time spent up from 15 percent a year ago. Virtually every other category was either flat or down year-over-year in terms of market share. Marketplace apps like eBay and Amazon fell to 20 percent marketshare from 25 percent a year ago, while price comparison and purchase assistant apps were basically flat year-on-year.

source: http://feedproxy.google.com/~r/Techcrunch/~3/-f7s25QFQKo/



Source:

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.