The ecommerce market is continuing its
rapid growth in vital markets around the world. According to a report from
Statista, total retail ecommerce sales in the United States alone are expected
to account for over $425 billion by 2017, an increase of nearly 90 percent over
2012. Mobile Lads Corp. (OTC: MOBO), through its acquisition of Simbadeals.com,
has firmly positioned itself to capitalize on this growth. With existing
partnerships with some of the world’s largest retailers already in place –
including Walmart, Macy’s Inc., Starbucks Corp. and others – the company is
utilizing a proven platform that’s both highly scalable and relatively low
risk.
In addition to Simbadeals, Mobile Lads
is also beta testing Coubox, a consumer-centric coupon listing application for
both mobile and desktop users. The benefits of this innovative platform could
prove to be immense for the company. Using an exclusive algorithm, Coubox
allows consumers to search for everyday items on sale and save them to their
mobile phones for future use. The platform also gives merchants the capability
to sign up and list coupons in order to reach potential customers in a more
effective manner.
“More than ever before, conscientious
consumers are turning to smartphones for online browsing, shopping and virtual
coupons,” stated Michael Paul, President of Mobile Lads. “Complementary to the
Mobile Lads’ existing platform, Coubox efficiently delivers this capability
while enabling merchants to heighten visibility of their sale items and
offerings.”
Market trends seem to suggest that Coubox
could place Mobile Lads in a strong position to grow in the years to come.
According to a study from Key Ring, mobile coupon redemption is rising at a
rate of up to 5.3 percent annually, with over 75 percent of mobile shoppers
reporting having redeemed a mobile coupon in 2013. Similarly, Mobile Commerce
Daily reported that over 80 percent of shoppers indicated that their perception
of a retailer would improve if the retailer offered mobile coupons. All told,
the statistics look promising for the Coubox platform, particularly when paired
with the company’s acquisition of Simbadeals.
As of 2012, NPD Group reported that
approximately 25 million Americans were using coupon apps each month. With the
continued rise of smartphones, this creates an extensive market for Mobile
Lads’ collection of powerful platforms. Look for the company to make strides in
strengthening its foothold in the mobile and ecommerce markets in the years to
come.
Get more info on Mobile Lads by visiting
www.mobilelads.com
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