The 3 Winners of Mobile Commerce
Consumer goods analyst Austin Smith discusses why he thinks eBay, Amazon, and Google will emerge as winners in mobile commerce. Next year, PayPal, a division of eBay, will handle $10 billion in transactions, putting it up next to large financial institutions. All three companies benefit from booming mobile sales, as mobile customers are three times more valuable than desktop customers. Amazon recently saw mobile sales top $1 billion, and it will continue to expand into the tablet and eventually phone market. Google's advantage comes from its powerful mobile analytics and extensive data collection on shoppers. Look for all three companies to emerge victorious.
While many consumers have turned to online commerce, there are still plenty of opportunities for profit in retail. To learn about two retailers with especially good prospects, we invite you to take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.
The article The 3 Winners of Mobile Commerce originally appeared on Fool.com.
Austin Smith owns shares of eBay. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com and Google. Motley Fool newsletter services recommend Amazon.com, eBay, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.