Tuesday, January 28, 2014

Sparta Commercial Services, Inc. (SRCO) Capturing Market Share in Niche Segments of Billowing Mobile App Industry

Sparta Commercial Services serves several niches within the automotive industry, providing a range of online tools and products, including mobile applications, information technology products, and municipal leasing. Sparta also provides various types of vehicle title history reports, including motorcycles, recreation vehicles, automobiles and light trucks, and commercial (heavy duty) trucks.

Leveraging the capabilities of its Specialty Reports, Inc. subsidiary, Sparta offers the SpecialtyMobileApps.com (SMA) platform, a customized mobile app for powersports, automobile, recreation vehicle, marine, and agriculture dealers. The app provides dealers in these segments access to a management portal where they make changes and send push notifications to their customers (the app users) to create a fully branded and targeted experience. The mobile app is available through the Apple App Store and the Google Play Store.

Similar in function to SMA is Sparta’s iMobileApp.com platform, which provides similar management and branding opportunities via mobile phone to restaurants, hotels, medical and dental practices, real estate agencies, and attorneys. iMobileApp.com is designed for multi-industry use with both semi-customized and fully-customized applications available.

More mobile apps were downloaded in the 365 days of 2012 than were downloaded in the collective five years prior, according to PortioResearch. In fact, the same report says that mobile apps generated an astounding $12 billion in full-year 2012, forecasts that revenues doubled in 2013, and that worldwide app revenues will reach $20.4 billion later this year.

This is impressive growth in a relatively young market, propelled by rapid growth in smartphone and tablet sales worldwide. According to research firm Gartner, smartphone users worldwide will download more than 45 billion apps this year, further demonstrating the power, market reach, and demand for mobile apps.

Paired with the growth of downloads and revenues in the mobile app industry is demand for enhanced innovation.

In September 2013, Sparta’s Specialty Reports entered into a partnership with More Than Rewards LLC to provide web-based customer loyalty and rewards programs to more than 1,900 motorcycle and powersports dealers, giving them a competitive advantage of having a loyalty program integrated with their mobile solution.

By developing and commercializing its mobile apps to unique segments of the automotive industry, Sparta is positioning itself atop a wave of tremendous growth and opportunity within the highly lucrative mobile app industry.

For more information, visit www.spartacommercial.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.


Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: