Why Flipkart's Push for Mobile Apps is Redefining E-Commerce
With the rapid growth of IoT and other wearables, it's clear that the future of e-commerce lies in mobile devices. In the coming years, consumers will increasingly rely on smart gadgets and smartphones, with laptop traffic becoming marginal. This shift towards mobile-first experiences is driving major retailers like Flipkart to focus on their apps as the primary interface for their customers.
The Rise of Mobile Commerce
Mobile devices have become essential tools for consumers, especially young people and rural users. According to trends, more and more consumers are using mobile apps to shop, with personalized marketing and easier navigation being key factors. Flipkart, like many other e-commerce giants, is recognizing this trend by focusing on mobile apps to capture a larger share of the market.
Why Flipkart's App Experience is Superior
Flipkart is not just trying to push its app; it recognizes the importance of the app experience in today's digital landscape. There are multiple reasons why Flipkart is making an effort to drive users to its app:
Reduced Webpage Traffic: Users can open multiple pages in tabs on a website, but on an app, users are more likely to stick to one page at a time. This means that even with fewer users on the app, the load on the website is reduced, leading to better performance. Location Tracking for Enhanced Marketing: App-based tracking allows for more precise location-based advertising, making it easier for Flipkart to tailor its marketing efforts to meet the needs of individual customers. Higher Quality Customer Engagement: While broader exposure on a website can mean more potential customers, app users are often more loyal and engaged. Flipkart has seen significant growth in its app business, with it now accounting for 75% of its overall sales.Other e-commerce platforms are also following this trend. For example, MyNtra has shifted primarily to an app-based business model, deriving almost 100% of its revenue from its app.
But Does This Mean App-only Websites?
While the move towards mobile-first strategies is significant, it is unlikely that all e-commerce websites will switch to app-only models. There are practical reasons why this is unlikely:
Complexity: Having multiple apps for each website can be overwhelming for users. It's easier for consumers to stick with a few essential apps that they know and trust. Competition: Other apps like Facebook, Twitter, and Quora have already established strong user bases, and consumers are less likely to swap out these essential tools for different apps.Flipkart's emphasis on the app experience is part of a broader trend in the e-commerce industry. Snapdeal, Amazon, and other major players are also planning to shift more of their business towards app-based platforms. This shift is driven by the trends towards mobile-first experiences and the potential for better engagement with customers.
Conclusion
While the ultimate future of e-commerce remains uncertain, it is clear that mobile devices will play a dominant role. Flipkart's focus on its app is a significant step towards this future, but it is unlikely that all e-commerce platforms will follow the same path. The move towards mobile-first strategies is happening, and it will continue to shape the e-commerce landscape for years to come.