Role of M-Commerce in Business

in hive-175254 •  4 years ago  (edited)

Hello friends, How are you all? This is my first post in this community. To join this community firstly i visited the community and read post and then understand which type of articles were post in that community. Now i am ready to share my first article in this good community :)

Introduction
M-Commerce, also known as Mobile-Commerce is become worldwide easiest platform for business purpose. M-commerce enhances business and provides many facilities to both marketers and customers. With the help of mobile, we can buy and sell products as fast as we want. As we see on social media, almost every business has its own website on Facebook, twitter etc. on which they can advertised products easily and every website and pages on social media has a buy button from which customer easily buy products by just clicking a single button. The main advantage of m-commerce is customer can easily compare price of their needed product prices from different websites. After the formation of m-commerce, Mobile companies developed their technologies and manufacture mobiles with high performance and speed. This development in mobile field helps m-commerce to spread rapidly. Customers can easily buy products and search services to make payments effortlessly. Technology makes a different, before five to six years, peoples use e commerce like computer or laptops to purchase something online but nowadays customers shift from computer to mobile and purchase everything they want via mobile phone. This is possible just because of advancement of technologies and it plays a vital role in making business at another level (boost up business).

image.png
Source

Latest Trends And technologies in M-Commerce:
Some new trends and technologies which are more supportive in M-Commerce are given below:

i) Mobile Wallet Evolution:
It is a big advancement in m-commerce. Now all mobile applications have wallet facility in their apps. Customers/Users use amount in wallet to buy anything from that app. They don’t need any cash in their pocket.

image.png
Source

ii) Artificial Intelligence (AI):
AI is also used in mobiles devices which is very helpful for marketers to know more about their customers and then directly hit target market with their advertisements. Some AI example in mobile devices are, Google Assistant, Alexa, Siri etc. Alexa and Siri are pre-installed apps in mobile. Both are the best example of AI.

iii) Virtual Reality:
Mobiles are a key part of virtual reality technologies and it becomes trend. A googles and helmet are used with mobile to use this technology. It includes entertainments (video games) and educational purpose (medical and military). These are the main advantages of virtual reality.

iv) Biometrics Advancements:
Last couple of years, mobiles have built-in mobile scanner which function is to recognize your fingerprint. As a mobile technology enhanced day by day, new biometrics technologies are developed in mobiles like, Facial recognition, voice recognition. These are also used for security purpose.

v) Location Based Technology:
This technology is very helpful for almost every m-commerce business who uses location. After downloading an app, almost every app request you to use your location. Many apps like uber, careem, food panda using this technology in their business.

vi) Improve Mobile Security:
Customers just want a one thing from marketers or business which is security of their cash in wallets. Booking, banking, delivery apps provides this security from their apps to customers. Mobile makers also focus to enhanced the security of mobiles. Apple always have a strong security technology in their product/mobiles. Now Huawei, Samsung also work in this domain. This post end here, Thankyou, Have a nice day :) This post is plagiarism free.

image.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

mobile commerce is getting allot of people especially after the covid panademic now those who are business or market workers can now continue their business on mobile Phones.

Also welcome here in this community
don't forget to follow @crypto.piotr the founder of Project Hope.
@Juanmolina co founder
@fucho80

and others

@project.hope, @cyberspacegod, @achim03, @lanzjoseg, @neavvy, @jadams2k18, @machnbirdsparo, @honarparvar, @guruvaj, @alokkumar121, @edgarare1, @flash07, @djennyfloro, @gandhibaba, @reverseacid, @yonnathang, @mariusfebruary.

Yes you are right. I follow @crypto.piotr and others 😊 Thanks for your guidance