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March 2014 Study Shows 168.3% Increase In Retail Revenue Resulting From Smartphone-Generated Visits To Mobile-Optimized Websites vs. 2013

Companies mentioned in this article: Branding Brand

NEW YORK, April 3, 2014 /PRNewswire/ -- Branding Brand, the leading mobile commerce platform of major retailers, today released the results of its Mobile Commerce Index for March 2014. The exclusive data sample details a steep rise in smartphone-generated traffic, orders, and revenue by consumers to retailer smartphone-optimized websites from March 2014 vs. March 2013.

Issued monthly, the Mobile Commerce Index report identifies customer mobile commerce use and trends across a consistent sample of clients in various industries including apparel, health and beauty, and home goods. The Index is the largest collection of data on commerce sites specifically designed for smartphones, as opposed to non-optimized desktop sites with mobile traffic.

Compared to 2013, the Branding Brand Mobile Commerce Index shows the following year-over-year differentiation in March 2014 for the 18 clients tracked:

    March 2014                       March 2013
    ----------                       ----------

    Smartphone visits: 20,129,855    Smartphone visits: 10,003,472

    Smartphone orders: 135,640       Smartphone orders: 59,080

    Smartphone revenue: $15,106,324  Smartphone Revenue: $5,630,325


    Year-Over-Year Mobile Growth Rates from March 2013 to March 2014:
    -----------------------------------------------------------------

    Smartphone visits increased 101.2%

    Smartphone orders increased 129.6%

    Smartphone revenue increased 168.3%

Additional Data on Market Share:
In March 2014, smartphones generated 29.4% of total online visits, up 42.7% from March 2013 (62.9% iOS, 36.4% Android). The market share of non-mobile (desktop) visits decreased 21.1% from March 2013 to March 2014.

"Not only are customers shopping more on their phones, they're also spending," said Chris Mason, Branding Brand co-founder and CEO. "Our data shows large numbers of consumers rapidly embracing mobile as a fundamental tool to conveniently connect with retailers."

The complete report, along with accompanying images, is available at http://www.brandingbrand.com/data.

ABOUT BRANDING BRAND: Branding Brand powers mobile commerce sites and apps for over 200 of the world's leading retailers, including American Eagle Outfitters, Crate & Barrel, Ralph Lauren, and Sephora. Founded in 2008, the Company's B2E (Brand to Everywhere) platform seamlessly extends brands into optimized experiences for smartphones, tablets, and in-store. Named the only mobile commerce leader, it is also the largest m-commerce provider to the Internet Retailer Top 500. For more information, visit www.brandingbrand.com or follow @brandingbrand on Twitter.

SOURCE Branding Brand