Providing market intelligence for more than 35 years

Yahoo! Finance & News

Consumers turning to apps to make shopping decisions

One in four US consumers now rely on their smartphones for advice and guidance when shopping in physical stores.

According to Parks Associates, over 25 percent of shoppers use their devices to research products, when buying consumer electronics devices from bricks and mortar stores.

Further proving that the smartphone is well and truly cemented into modern life, the study shows that among US consumers, those that frequent Target are the most likely to turn to their handsets rather than a shop assistant when choosing what to buy.

"Consumers are using apps and smartphones to enhance their brick-and-mortar shopping experience, with Target shoppers emerging as the most enthusiastic app users," said Jennifer Kent, Senior Analyst, Parks Associates. "Our research shows 54% of Target shoppers used at least one mobile commerce app while shopping in a store for CE, while only 38% of Walmart shoppers did the same."

Likewise, Facebook has this month launched a partnership with Cisco to offer social network users free wi-fi access in shops and stores in return for checking in on Facebook and sharing their location. Parks Associates research shows that there is clearly an appetite among US consumers for this level of in-store interactivity.

From the article, "Consumers turning to apps to make shopping decisions."

Previously In The News

AT&T Digital Life and Parks Associates Address Home Security, IP Connected Home Services in Keynotes at CONNECTIONS(TM) at CTIA 2013

Tricia Parks, CEO, Parks Associates, presents today on the growing presence of IP-enabled solutions in the home management and security markets as part of her keynote address "Emerging Markets for...

Facebook-style games to be worth $5bn a year by 2015

"250 million people play games like Zynga's CityVille and Farmville on Facebook every month," says Pietro Macchiarella, analyst at Parks Associates, valuing 2010's social gaming revenue at $1 billi...

TargetSpot Unveils Industry’s First Digital Audio Advertising Research

TargetSpot, the largest digital audio advertising network, today releases the industry’s first in-depth Internet Radio advertising research, “Digital Audio Usage Trends: A Highly Engaged Listenersh...

CONNECTIONS Pre-show Workshops Focus on Connected CE, Smart Energyt, and Mobile Technology

Parks Associates today announced the agendas for three research workshops, focusing on cloud-based innovations, smart energy, and monetization strategies for mobile technologies. The research firm...