Business missing the marketing goldmine that is mobile commerce
Facebook has emerged as the most popular social media platform for people to buy goods and services, but Australian brands are way behind, with 34% of businesses not using social media at all.
The first ever Paypal mCommerce Index Report revealed there remains a huge gap between the evolving behaviour of consumers and how business is reacting.
The survey found that 71% of consumers now use their mobile devices for payments, spending an average of $330 a month.
Of those who engaged in transactions directly through social networks – using devices such as ‘click-to-buy’ buttons – 75% have purchased through Facebook.