Having some money all of a sudden is a weird thing. I've always wondered what entrepreneurs do when they hit it. What do they buy, if anything? How do they react to newfound ducats?Does life become a '90s rap video?
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This was posted by Guy Kawasaki and there are statistics about this exploding industry that are very important for anyone doing business in today's marketplace.
What caught my attention:
The Ripe Age for Mobile Transactions:
**People between the agess of 20 and 44 appear to be most interested in mobile transactions such as mobile banking, payments, coupons and shopping
**Mobile Spending
*Clothes at a retailer *phone bill at a local wireless store *coffee at a local coffe shop *sofa at a furniture store *taxi ride
**Things are just getting started - obstacles to mobile payments is a security issue but that happened with the web as well, it's still early but the statistics on the digital wallet in the future are staggering.
Selected by Jan Gordon covering "The Explosion of Mobile Web and Beyond"
See infographic here: [http://bit.ly/tMDiEo]
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