In: Categories » Business » Marketing » Pros and cons of Mobile Commerce
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Mobile commerce is defined as "content delivery (notification and reporting) and transactions (purchasing and data entry) on mobile devices". Mobile users can compute, engage in commerce and access information from anywhere, any time with mobile technologies. Mobile technology supported information exchange and transactions should take place in a convenient environment and setting. The users would be individuals or businesses and hence, mobile commerce enables business-to-business (B2B) transactions as well as business-to-consumers (B2C) transactions.
There is increased hype among researchers and professionals about the recent emergence of technologies aiming at delivering remote or wireless commercial applications, mainly driven by the earlier hype about text-based mobile applications driven mostly by the wireless application protocol (WAP). The strength of this hype for mobile commerce among researchers and professionals is that the technology is promising to provide rich, personalised, localised, and real-time content on feasible handheld mobile technologies to users (usually very busy) anywhere, anytime, thus providing more convenience to traditional electronic commerce (e-business) buyers and suppliers existing in the wired marketplace. Let's not forget that mobile business is the result of this wired marketplace and pervasive computing, where mobile computing and communication capabilities are envisioned to be embedded in everyday activities of the different users.
Thus far, the results pertaining to the wide diffusion of MoB are not satisfactory and above all the comparison between Internet and mobile users is not a straightforward process, and the experiences of each medium differ fundamentally from the experience of the other! This necessitates a closer look at MoB in general and at subscribers and their needs alongside the mobile technology specifically in use.
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