Best Buy mobile stores will all close by the end of May

Best Buy mobile stores - Image of Best Buy Store

The electronics retailer has decided to shut down all 250 of its American mobile shops. Best Buy mobile stores will be shutting down as of May 31, said the electronics retail giant. The company plans to close down all the 250 locations in the United States. This was not much of a shocking revelation to consumers who were used to seeing the tiny shops. Many of the Best Buy mobile stores are located in shopping malls. For shoppers who saw them regularly, the news may sound as though it is…

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Mobile consumers may be losing out on millions because of fees

Mobile Consumers

Report finds that mobile consumers are being taken advantage of in the US Consumers in the U.S. may have been paying hundreds of millions of dollars in illegal charges that have been issued by various sources that offer questionable services and content. The U.S. Senate Commerce Committee has released a report highlighting these fees and the financial pressure they have introduced to consumers throughout the country. The report notes that these illegal fees typically originate from small companies that charge fees for ringtones and news updates. Large mobile service providers…

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Mobile commerce consumer doubts identified by survey

Mobile Security at work

A poll of European consumers indicated that there remains skepticism about smartphone shopping. Though mobile commerce security has been an issue in the spotlight over the last while, and there have been significant advancements in this area to ensure that shoppers will be able to keep their data safe when they make a purchase using their smartphones and tablets, a recent survey has revealed that there remains considerable doubt among consumers in Europe. The survey was used to obtain the opinions of a broad range of consumers throughout the E.U.…

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Study shows Apple, Amazon, and Dell take the top spots for mobile consumer satisfaction

Mobile Commerce

According to the results of a study performed by ForeSee, mobile shoppers were most satisfied with the experience provided by online retail giants Apple, Amazon, and Dell. ForeSee accumulated adequate data to achieve a solid and statistically reliable score for mobile satisfaction among the top 16 American online retailers. The score was based on 100 points and compared the mobile experience with that of the traditional web. There was a significant margin between Apple, which had the highest score, and Sears, which had the lowest among the top 16. Apple’s…

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Walmart bases its social and mobile commerce in Bangalore

Walmart Pay app QR codes self checkout

The largest retailer in the world, Walmart, has announced that it will be establishing its technology hub for social and m-commerce in Bangalore, India. The Bangalore facility will be a part of its worldwide division for e-commerce and will develop technologies and business for social and m-commerce shoppers around the globe. It has also announced that it would be adding 100 new developers to its team to head and own projects and for e-commerce generation as well as m-commerce and social offerings growth for the worldwide marketplace. According to the…

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Consumers prepare for the rise of NFC enabled devices for mobile payments

Mobile platform commerce Shopping

  As an increasing number of mobile device companies announce their intentions to release products that contain a near field communications (NFC) chip, consumers are preparing themselves to begin using these devices to replace their wallets and handbags for making purchases.  Google, for example, has already come up with the Nexus S cell phone from Samsung Electronics, which is NFC enabled, allowing for mobile payments.  This device was unveiled last December and has the necessary technology to transmit payment information or discount coupons in conjunction with a reading device at…

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Global Consumer Survey shows mobile commerce is taking off

Global M-Commerce qr codes

The MEF Global Consumer Survey has shown that cellular phone users around the world are accepting mobile commerce and mobile content. North America has a moderate position in the world of global purchasing, as 38 percent of the study’s participants from this area claimed to have paid for purchases within the last half year using their mobile network operator. Also determined by the survey, was that 41 percent of consumers are using the mobile web, 11 percent use retailer mobile storefronts, and 9 percent use social media pages as purchase…

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Consumers today demand immediate results from technology

    Out of 10 million people that attempted to shop or purchase items via mobile commerce last year, almost 8.5 million of them had some type of problem during the transaction. A survey conducted last year by a leading market research firm, showed that mobile technology is woefully lacking, and businesses still need educated on mobile commerce platforms.  Technology has created the illusion of a highly advanced civilization; that’s why most consumers have no patience or tolerance when it comes to glitches and poor performance with our electronic devices.…

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