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CONCEPT
AND
APPLICATION
M-COMMERCE
M-Commerce is the use of a mobile device to communicate ,
inform , transact , and entertain using text and data via a
connection to the public and private network.
Many businesses use M-Commerce as a competent process of
meeting the demand of their customers. That is the reason
why mobile phones and PDAs have become so popular. M-
Commerce has been adopted by banks and many financial
institutions to access account information.
M-Commerce includes all those monetary transactions done
through mobile phones or similar mobile devices.
Mobile commerce is an advancement of E-commerce that
enables customer to buy and sell things from almost anyplace
by the use of mobile phones or mobile tablets
DEFINITION
M-commerce is the use of a mobile device to communicate ,
inform , transact, and entertain using text and data via a
connection to the public and private network
. __ J.P. Morgan
Business to consumer transaction conducted from a mobile
device. __ Duelacher
Mobile commerce refers to any transactions with monetary value
that is conducted via a mobile telecommunication
network. ___ m
obileinfo.com
Doing transaction through mobile commerce is very convenient and
users friendly .
It has broad reach .
Information sharing does not take boundaries , nationalism into
consideration .
The reach of mobile commerce is very wide .
Mobile commerce is a new generation marketing tool.
For companies , the cost of doing business is very less as it does not
BENEFITS OF require offices and staff to handle and remunerate .
Advantages Disadvantage
The mobile phone can be personalized as per the mobile Since mobile phones come with small screens ;
owners preference and also have full control over data. it limits the intricacies of the applications.
Cost savings, innovative business opportunities and
customers satisfaction can be ensured. Mobile phones contain graphics or
processing power that are limited in
Improved , quicker and efficient linkage with clients can
be provided by M-Commerce.
comparison to a PC .
The buyer and the seller can be brought closer through Some overheads are added due to security
M-commerce thus facilitating higher profits and better problems ,
customer relationship
Different networks have different aproaches
With the help of the light-weighted device, M-commerce
towards M-commerce.
can be used anywhere and anytime.
TYPES OF M-COMMERCE
Location-Based Marketing
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