Is Your Mobile App ready for the Holiday Season?
The Holiday season is a golden opportunity for the retail landscape - lasting a very long period from Singles’ Day and Black Friday up to Christmas and Valentine’s Day. With shoppers excited to pounce on deals, it is a long-awaited time of the year and every year brands are striving to drive up the hype and maximize sales. eCommerce and mCommerce are such an important part of it
According to Statista, in 2021, e-retail sales surpassed 5.2 trillion U.S. dollars worldwide and obviously, it will not stop there. Consumers are far more likely to buy products online through their mobile devices, and mobile-first commerce will only grow as time goes on. These developments make dedicated efforts vital for retail marketers to achieve their goals.
Considering the increased use of mobile apps with approximately 4.8 hours on average spent on mobile phones every day and growing in-app purchases, it is now even more important to get mobile apps ready for the season in order to drive user acquisition, engagement, and conversions.
But as a result of the fierce competition between brands, consumers are suddenly flooded with multiple campaign messages. Also, one of the biggest issues for all businesses is shopping cart abandonment. Based on current data, the average cart abandonment rate is nearly 70%, which means that seven out of every 10 consumers don’t complete their transactions online, including through apps. That means it takes carefully crafted planning to stand out in the crowd and to be the winner of this period.