mCommerce Is The Future Of Online Marketplaces & Yo!Kart Will Keep You Ready For It

If a friend of mine suggests me a product or I come across a product advertisement in my local market, and I decide to look it up on the internet, it is unlikely that I will wait until I get home, turn on my computer/laptop and wait for a minute or so while it boots up, then open a browser to search for it.

Instead, I would quickly pull out my smartphone from my pocket, write the productÔÇÖs name in the search tab, quickly go through its details, and would probably even buy it if I like it; all within the time my PC would take just to start.

This swiftness of the mobile experience has brought a great shift in consumersÔÇÖ behavior in past few years. And one by one, we are all becoming a part of this shift.

A Statista study says that in the US, 30% of eCommerce retail sales are already happening on mobile devices. By 2020, it will be close to 50%. And pretty much in every other market, mobile shopping is growing at a similar pace.

But mCommerce isnÔÇÖt just about sales; it is also about product discovery

30% is a decent share, but it doesnÔÇÖt reflect the actual impact of mobile on online shopping. We all know that we donÔÇÖt use our smartphones as much for buying products, as much we use them to know product details. So, mobileÔÇÖs share of eCommerce is much bigger than that.

A recent article on Search Engine Land suggests that about 60% eCommerce related searches happen on mobile devices. It even shared the mobile search data based on industry.

Source: Hitwise

A quick tip: The graph above can be useful for online retailers of these industries in deciding how much effort they should put to enhance the mobile experience.

Mobile experience impacts your desktop sales

For most eCommerce marketplaces, customersÔÇÖ buying journey begins with product discovery on a mobile device. So for a random mobile search, it can be said that your potential customers will land on either your or one of your competitorÔÇÖs websites.

Now, if your eCommerce website offers a bad user experience on mobile or doesnÔÇÖt appear in mobile search at all you can easily imagine its impact on your website’s overall sales (Google has made sure that only mobile-friendly websites appear in mobile search results). In fact, now Google is even considering ranking desktop websites based on their mobile version.

Mobile presence depends on the underlying technology

From the above discussion, it is clear how crucial a solid mobile presence is for any eCommerce marketplace. And how an eCommerce website performs on mobile, primarily depends on the technology solution (eCommerce platform) it is built upon. Therefore, it is important for every prospective eCommerce business to choose a technology solution that is optimized for the mobile platform.

Yo!Kart is one such marketplace software ecommerce startups can rely upon. The multivendor ecommerce platform was developed in 2014, when mobile shopping had already begun to catch up with online shoppers. Yo!Kart team was quick to anticipate what eCommerce features startups would require in near future, and built a system that allows online marketplaces to deliver a rich mobile shopping experience to their customers. LetÔÇÖs explore a bit more on how Yo!Kart helps eCommerce marketplaces in creating their mobile dominance.

How Yo!Kart ensures a strong mobile presence

In its development, Yo!Kart team took stringent measures to design a responsive layout that works as smoothly on mobile as on desktop. Below are some key areas Yo!Kart developers worked to enhance the mobile experience of Yo!Kart system:

• Quick load time: Optimized images, reduced JavaScript functions, and minimized requirement of server-system communication enable Yo!Kart-based marketplaces load much faster on mobile.
• Optimal use of screen real estate: Removal of unnecessary content and strict measures for ideal resizing of content on different screen sizes ensure a seamless user experience on mobile.

By taking care of the above-mentioned areas, Yo!Kart team has ensured that the eCommerce marketplaces built with Yo!Kart multivendor ecommerce platform offers its customers the feel of a dedicated mobile website on hand-held devices.

Plus, to complement Yo!KartÔÇÖs pixel-perfect responsive layout, there are also Mobile Apps for eCommerce Marketplaces that gives customers a richer & swifter mobile shopping experience.

But for startups, mCommerce is still about the mobile web, not app

As a new eCommerce player, your eCommerce website first needs to pass the test whether it meets target customersÔÇÖ expectations or not. On mobile, it is likely a new customer will test your marketplace on a mobile browser not on your app. (Well, at least not until Android Instant Apps go beyond the concept form and make using a new app as simple as visiting a new website in your browser.)

ItÔÇÖs only when customers will get used to your website name and will begin to look up/buy things on it frequently, that they will feel the need to get your app. Until then, it is imperative that your eCommerce marketplace has a strong presence on mobile through a website.

This trait of customer behavior is the sole reason why Yo!Kart encourages its clients to build a strong mobile presence through the mobile web rather than the app. The truth is until an eCommerce startup has established itself and has acquired a sufficient number of loyal customers, it really doesnÔÇÖt need a mobile app. And for our clients who reach that threshold of minimum loyal customers, we keep the mobile app readily available, if they wish to install it.

Conclusion

As a tech-savvy generation, we are already aware of how the mobile platform is transforming the eCommerce arena. The stats and insights provided in this post are just the factual proof of this awareness. And this proof is necessary to allow aspiring entrepreneurs to take more informed decisions, therefore, build a stronger mobile presence.

It is likely that in the coming years, mobile eCommerce will evolve further; stats will change, and new insights will appear. Over the years, Yo!Kart team has keenly observed this evolution, has understood mobile shoppersÔÇÖ behavior at a deeper level and has gathered several m-commerce insights. And thatÔÇÖs why we believe, what we have built is one of the most promising multivendor eCommerce platforms to target mobile shoppers at this point of m-commerce evolution.