I’ve decided to restart this series because quite frankly, “the big boys are fixin to EAT YOUR LUNCH. Thats right, the big boys are quickly moving into the mobile space, planning mobile campaigns developing strategies that will eat your lunch.
Here is what I mean;
1). Walmart buys Kosmix a company that organizes social media content. Walmart bought the company to “accelerate the development of our social and mobile commerce offerings.” according to Wal-Mart vice chairman Eduardo Castro-Wright.
2) Visa starts delivering real time deals to mobile consumers. Which means Visacompeting with Groupon, Living social and the other deal sites.
3) and lastly (not really) eBay buys Where, to “to strengthen its position in local and mobile commerce and as a multichannel commerce partner for retailers and brands.”
Here is the point, with all of these big companies buying claiming the mobile space, where will your business fit in. The point is if you don’t start thinking about a mobile strategy for your business, the big boys will “EAT YOUR LUNCH
With the news that Walmart will acquire mobile and social commerce firm Kosmix, the big-box retailer became the latest of several large brands last week demonstrating a healthy commitment to the mobile space by investing heavily in related acquisitions or new business.
EBay’s decision to acquire Where, Groupon’s deal for Whrrl and Visa’s launch of a mobile deals business – as well as the Walmart news – all point to the growing recognition by big brands that mobile is a force to be reckoned with.
“These deals show that a company like eBay or Groupon is looking forward and saying, ‘How can we be a player in the emerging mobile commerce and mobile marketing ecosystem,’” said Neil Strother, Kirkland, WA-based practice director at ABI Research. “They’re not sitting back and letting others be the leaders.”
Driving consumers into stores
In the eBay, Groupon and Walmart deals, in particular, the companies acquire mobile marketing technology rather than develop it in-house.
“There is an acknowledgement that we’re rapidly shifting from a place where smartphones make up a small population of phones, particularly in North America, to a large population of mobile phones – which makes a lot of these GPS/local or just high-quality interactions via mobile much more attractive,” said Nikki Baird, managing partner at Retail Systems Research, Miami.
But what all of the deals have in common is that big brands are placing bets on mobile in terms of driving in-store visits and to directly spur sales.
Amazon, Google, Apple, Microsoft and others have their eyes on the NFC mobile payment market, setting the stage for a potentially brutal battle over the future of payments.

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