Mobile ecommerce, or M-commerce is the ability to purchase goods anywhere through a wireless Internet-enabled device.
Mobile Commerce ( M-Commerce ) will be the next new wave thanks to cell phones, handheld PCs and souped-up pagers that are increasingly web enabled.
The New Economy
What makes wireless e-commerce so enticing is its ability to allow consumers to manage their time better. Always precious, time in the 21st century will be the most precious commodity for anyone. The "new economy" built around the Internet will be a customer-focused economy that wireless fits into perfectly.
Third Generation - 3G Phones will be the mobile device of choice in the future. Why a smart phone instead of something sexier, like a Palm or Handspring PDA? Because communications lie at the heart of what is really useful about a
pocket able device, and adding other functions to a cell phone turns out to make a lot more sense than grafting communications onto a PDA.
New cell phone models have internal micro browsers that can display sites written for WAP
( Wireless Application Protocol ). WAP is a set of specifications for developing web-like applications that run over wireless networks. The basic aim of WAP is to provide a web-like
experience on small portable devices - like mobile phones and PDAs.
Right now this means viewing Internet pages, using text only, and very simple black and white pictures.
It is estimated by the year 2002, there will be over 800 million wireless users world wide. Eventually, all wireless tools will come equipped with WAP as standard issue.
We're just a couple of years away from a world market of a billion cell phone users. And as we make more and more of those phones smarter and more useful -- especially in the new, third-generation, or 3G, phones -- they're going to become even more dominant. The growth of M-Commerce is evolutionary and predictable.
1) Stock Market Investments
Investing in Third Generation Wireless ( 3G Wireless ) - The Next Internet Investing Frenzy!
Our bet is that the 3G Wireless world wide licensing auction rush during the second half of 2000 will create another Internet investing frenzy. There will be winners and losers during this 3G auction
Beyond this craze, we believe a number of wireless equipment suppliers will be the long term smart investments.
Learn More on Both Tactical and Strategic Wireless Investment Moves That Make Sense
2) WAPing ( Wireless Application Protocol Web Site Development )
If you want wireless net-surfers users to view your web site, you will have to make another version in WML
( Wireless Markup Language ).
View our ( WML ) Wireless Web Site Version
3) End User Benefits
Future wireless Internet access is exciting for the end user. Imagine getting your e-mail on your phone, stock market quotes and traffic information. That is all here now or coming soon.
Our mGuide to WAP sites
The big question is....Should you take the "wait-and-see" approach in buying your next WAP-enabled phone? As the WAP market takes off, the smart m-phone user will be critically aware of the of the rapid evolution in the services provided by WAP devices.
Learn More on When to Buy Your Next Phone
Investing in Third Generation Wireless ( 3G Wireless )
The Next Internet Investing Frenzy!
Our bet is that the 3G Wireless world wide licensing auction rush during the second half of 2000 will create another Internet investing frenzy. There will be
winners and losers during this 3G auction
mania. Beyond this craze, we believe a number of wireless equipment suppliers will be the long term smart investments.
to Buy Your Next Cell Phone
When to Buy
Your Next Cell Phone
If you can
wait until at least the third quarter of 2000, Do It!
Well, prices are falling and by the third quarter of 2000, almost all
new mobile phones will be WAP enabled.
is the protocol, the method of letting mobile devices view Internet
pages using text only and very simple black and white pictures.
Because data speeds on wireless devices are a lot slower than domestic
modems, WAP technology has evolved.
Be Critically Aware of the Rapid Evolution
WAP technology will probably be around for another four years.
Mobile phone data speeds will get faster, but this will take several
years. So, as you buy your next cell phone, be critically aware of
the rapid revolution of WAP devices.
on the Matter
Don't spend your life savings on the newest technology in cell phones,
it's going to change at lightening speed. Remember, it wasn't that
long ago cell phones the size of bricks were common place. The
only thing they are good for today are boat anchors and bookends.
Profits Through M-Businesses
Our Answers to
the Following M-Business Questions
The first useful purposes for smart phones will be for the "man on the
WAP services that are time critical, location dependent or essential
m-Commerce services will be the money makers of the first wave of this rush.
- Stock Market
- Traffic Reports
- Restaurant Guides
- Ticketing and
- Unified e-mail
Will consumers want to browse product catalogues, e-shop or job hunt through
a mobile browser? Likely not as none of these services are time critical,
location dependent or an essential service. So putting a lot of money into
developing, designing and hosting these type of M-Commerce sites is not going to
be all that profitable.
M-Commerce's enticement is its ability to allow consumers to manage their time better.
Always precious, time in the 21st century will be the most precious commodity for anyone.
The "new economy" built around the Internet will be a customer-focused economy that wireless fits into perfectly.
What Might Be Profitable?
Of course, sticking to our formula, just start brainstorming services that are
What services, information would you want on demand while "on the
Here a just a few
ideas to get you thinking about making future cents.
- Motel Vacancy
- Bed and Breakfast
Sites in the Area
- Special Events
- Information on
the Cheapest Fuel Prices in the Area
- Your Home
Should You Build Your WAP Site Now?
Absolutely, YES! Getting your foot in the door is a smart move. You
don't always have to the be the best, just the first. So, being first to
market in your area makes sense. But remember, be cautious!.......usually
Mouse Gets the Cheese. You may not want to spend all your time and
your entire fortune until you test the m-arket.
mGuide to WAP Sites