Mobile App is a software application developed specifically for smartphones and tablets.

Why Businesses are shifting towards mobile app?

There is a growth in the use of mobile phone around the world. The growth of mobile app has been increasing with 96% of the Gen Z is attached to smartphones and each day they spend an average of 3 hours and 38 minutes online whether is communicating, surfing news, shopping or listening to music. The interaction with mobile apps has made life easier for smartphones users. Therefore, it gets businesses to reach their customers where they are easily available, on their mobile phones.

Here are the benefits of a mobile app:

  1. Ease of access

Mobile Apps offer ease to smartphone users. just by one touch on their mobile phone screen and they can access to the information they need.

2. Ease of making payment

Mobile wallet adoption rate has seen an encouraging growth.  With the use of digital wallets such as PayPal or Apple Pay, payments over the apps have become a lot easier for smartphone users as they doesn’t need to go through the hassle of logging in and out their bank accounts to make payment.

3. Increased Security

As per the Global Consumer Fraud Survey by ACI Universal Payments, the rate of card frauds in Singapore has rinse. This survey also shows that nearly 40% of the card users have reduced their frequency of card use after fraud. It is concerned whether the use of credit or debit cards and even online banking, as more hackers and phishers are gaining access to customer’s information. Thus, Mobile app like DBS digibank has provided an easy way for customers, by incorporating digital wallets on their platforms so that they can perform transactions and keep their financial information safe and secured.

4. Value addition for customers

Businesses uses loyalty programs in an app to reward loyal customers by allowing them to accumulate points of their current purchase which they can use to redeem for their next purchase. For example, Starbucks membership allow members to earn “stars” toward free food or beverages for their next purchase. So, the more you spend, the more rewards point you earn.

5. Customizable User Interface

Mobile App gives retailers an opportunity to customize the user experience based on their customer’s search history and preferences. Furthermore, using Firebase to report and fix crashes, helps retailers to improve their in-app experience which ensures ease to the customer and promises an increase in the number of app usage sessions for the business.

Conclusion:

Mobile app has not only bring convenience to the smartphone users but also an opportunity for businesses to connect with customers, after all everyone carries a mobile phone with them. So, what are your thoughts of why businesses use mobile app? Please share on the comment box below.