Showing posts with label iphone. Show all posts
Showing posts with label iphone. Show all posts

Monday, December 16, 2013

How the Mobile Category is Affecting Holiday Shopping


One of the most frequent questions I receive, especially this time of year, revolves around how the mobile category is affecting holiday shopping.  Here are links to three articles that may provide a little clarity! 


·       People tend to increase the value of an item the moment they take ownership of it. Psychologists call this the "endowment effect."

·       One recent study found that people who touched an item felt an increased sense of ownership toward it. A follow-up study found that simply imagining touching an object produced the same possessive feeling.

·       In the iPad condition, the endowment effect thrived. On average, test participants using the tablet wanted to sell their item for significantly more than those using the laptop (roughly $213 to $154). Pressing a finger against a digital image on a fake website in a laboratory--that's all it took to make people feel like they owned an item, and to value it more as a result.


·        Americans spent $3 billion shopping online on Thanksgiving and Black Friday, and a quarter of those sales were made with smartphones and tablets, according to Adobe….

·       The trend really applies more specifically to Apple’s iPhones, which drove $126 million in sales, and iPads, which were responsible for $417 million…

·        Adobe said that online shopping on Black Friday peaked between 11am and noon ET, with $150 million in sales that hour…


·       While mobile traffic from Thanksgiving through Sunday accounted for much (41%) of all online traffic, it increased more than a third (35%) from the same period last year, based on the IBM data.

·       Survey Analytics found that while many (62%) of Black Friday shoppers did their shopping online, a third (33%) shopped on mobile phones.

·       Smartphone…  visits increased 69%, page views increased 103%, average order size increased 16% and mobile sales increased 258%.
 
 
"All that we are is the result of what we have thought."
Buddha