MOBILE BUSINESS

Mobile Business

M-business is a branch of electronic commerce which includes buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal digital assistants (PDAs).

FEATURES

  • Anytime and anywhere transaction capability.
  • Services through wireless handheld devices.
  • Wider reach.
  • Attractive, interactive and collaborative.
  • Provides adequate security.

M-BUSINESS PROS & CONS

Pros

Cons

Conduct business from remote locations

Use of limited graphics due to low bandwidth.

Saves time and costs

Expensive to set up mobile infrastructure

Not limited by geographical boundaries

Compatibility constraints of mobile devices

Customized services can be offered

Security of data and transactions.

Helps in maintaining competitive edge.

User interface is not friendly.

 

 M-BUSINESS APPLICATIONS :

❖  Mobile ticketing

❖  Mobile banking

❖  Mobile stock trading

❖  Mobile utility payments

❖  Mobile marketing

❖  Mobile retailing

❖  Mobile auctions

❖  Information services

•       Weather updates

•       Traffic info

•       Stock trackers • News services

•       Local maps

•       Learning and training