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MOBILE COMMERCE (M- COMMERCE) - Research Paper Example

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It may entail the sale of goods and services through the device; the initiation of transactions, which can be completed using another…
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MOBILE COMMERCE (M- COMMERCE)

Download file to see previous pages... Mobile commerce is similar to e commerce because it is mediated by computer networks; however, it differs from this form because some internet devices do not have access to telecommunications networks.
Mobile commerce has numerous benefits that companies in any industry can enjoy, and one of them is their ability to respond to issues instantly. It is a given fact that certain transactions are time-critical, such as making a buy in the stock market for brokers; having an m-commerce platform for such industries could make the difference between success and failure for these stakeholders. Businesses can gain significant leverage when they merge the intention to purchase with the actual purchase through a mobile device.
One way of how this has been achieved is through the use of PDAs (personal digital assistant) in the healthcare sector. Nurses and physicians constantly need to access patient information or records even though this may have occurred in another department within the institution. Some healthcare providers that have adopted these technologies are now able to access patient status and other critical information without having to go to the corresponding department. This has minimized administrative cost while productivity has increased, and the service quality within these entities is also quite promising.
In addition to its instantaneous nature, m commerce allows users to carry out transactions independent of their location; this could drive sales substantially for such companies. Many buyers may want to purchase a certain item or service but could be unable to do so because of their distance from the actual store. Even e-commerce, which promises such an advantage is often limited by one’s ability to locate a computer, yet this is not the case for mobile devices. M-commerce holds a lot of promise for businesses that embrace it because they have the opportunity to sale their wares to buyers anywhere they are.
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