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| Countries covered: United Kingdom Introduction Though m-Commerce remains a small proportion of both online spending and total retail, its rapid growth and the increasing use of mobiles by consumers as part of the shopping process means it is an area that retailers cannot afford to ignore. This report examines all aspects of the role mobile phones are playing in retail, to help you gain a complete understanding of this crucial trend. Features and benefits
While m-Commerce only represents a tiny proportion of overall retail, it continues to grow rapidly into an increasingly significant part of online shopping. We expect growth of 133.9% in 2011, taking m-Commerce market value to £1.31bn, or 5.0% of all online spending. Mobiles are becoming a crucial tool for shoppers to research purchases, utilise vouchers and discount codes, check product availability, compare prices and perform a number of other retail related functions. Retailers must adapt to this trend with mobile optimised websites, apps and careful reputation management, or risk losing out to competitors. The food & grocery sector is by far the largest area of m-Commerce. This is partly a reflection of the fact that it is the largest retail market. However, it is also due to the desire for convenience among food & grocery shoppers. Your key questions answered
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