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Tuesday, April 04, 2017 2:46:28 PM
Fast-developing consumerism in China is giving us a glimpse as to what is working and what could shape our future commerce habits worldwide. Currently, the mobile and social revolutions are taking over the commerce world, a process that is expected to accelerate.
According to Statista (http://nnw.fm/ottB9), the number of smartphone users is expected to go from 2.1 billion in 2016 to 2.87 billion by the end of 2020, leading to a potentially huge surge in the number of consumers shopping on their phones. Most importantly, this sector is being led by China, which CNBC says accounts for approximately 30% of the global smartphone market and holds mobile commerce far more sophisticated and advanced than that of other countries (http://nnw.fm/7tT9d). Aside from the fact that nearly two-thirds of retail and consumer-to-consumer e-commerce sales in the fourth quarter of 2015 were made on mobile in China (http://nnw.fm/TYV0s), the country is also far more advanced in terms of mobile money transfers; loyalty programs such as vouchers, coupons, and e-ticketing; delivery systems; and content purchasing.
E-commerce is not the only area of marketing that China is influencing. The country is known for integrating its e-commerce with social media. Social commerce has not only allowed for the proliferation of the online-to-offline (O2O) world but has also become a way to facilitate better customer relationship management (CRM) and, of course, commerce. Companies are now able to have personalized, one-on-one interactions with customers, thus making more sales.
In China, sophisticated social marketing platforms such as those designed by Moxian, Inc. (NASDAQ: MOXC) are fueling this constant growth, and the competitive market there is pushing Moxian to continue its innovation. The company’s mobile applications, Moxian+ User and Moxian+ Business, act as one-stop shops for both mobile shoppers and businesses, linking them together seamlessly with a variety of features and technology.
The Moxian+ User application incorporates social networking with gaming, using the company’s virtual currency whereby users can redeem prizes sponsored by Moxian and Moxian merchants. On the other hand, the Moxian+ Business application is a social CRM tool that not only allows business to set up shop on the Moxian platforms but also pushes promotions to users, all while generating reports giving them a 360-degree view of their progress on the Moxian platform.
For more information, visit www.Moxian.com
Recent MOXC News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 04/15/2024 08:35:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/30/2024 09:30:13 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/16/2023 03:30:25 PM
- Moxian Announces Name Change to Abits Group Inc • GlobeNewswire Inc. • 11/16/2023 02:27:00 PM
- Management Discussion and Analysis of Results for the half-year to June 30, 2023 • GlobeNewswire Inc. • 11/08/2023 09:56:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 09:30:35 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/18/2023 08:05:09 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/28/2023 12:35:22 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2023 12:35:11 PM
- Moxian Regains Compliance with NASDAQ Minimum Bid Price Requirement • GlobeNewswire Inc. • 08/15/2023 12:30:00 PM
- Form 20-F/A - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 08/10/2023 08:05:11 PM
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