TMCnet News

Nearly 100 Percent of Consumers Would Use Mobile Wallet if Content is Personalized, According to Vibes' U.S. Mobile Consumer Report
[July 18, 2018]

Nearly 100 Percent of Consumers Would Use Mobile Wallet if Content is Personalized, According to Vibes' U.S. Mobile Consumer Report


Vibes, a mobile marketing leader, today released findings from its annual U.S. Mobile Consumer Report. Of the one thousand smartphone owners in the U.S. surveyed for this year's report, nearly 100 percent said they would save content to their mobile wallet if it was tailored to them. This suggests that a gap exists between what consumers want from brands and what is currently being offered to them.

Brands can leverage data from the report to enhance customer loyalty. According to the report, consumers are defaulting to mobile more than ever before to engage with brands - through shopping with mobile wallet, receiving personalized text messages and activating customer support through chatbots. Key takeaways from Vibes' U.S. Mobile Consumer Report include:

  • Personalization is more important than ever - nearly 100 percent of consumers say they would save content to their mobile wallet if it was tailored to them
  • Promotions are the #1 driver for consumrs to use their mobile wallet - consumers are ready to go digital with coupons and loyalty cards - particularly among millennials. Feelings about mobile wallets remain mixed, although younger consumers are most willing to try them
  • Use of new messaging apps, like Facebook (News - Alert) Messenger is steadily growing, but not yet widely used for brand engagement
  • Brands must stay current and cutting-edge - retailer, restaurant and brand apps remain the most commonly downloaded type of app, but consumers will delete apps if they are unused or take up too much storage
  • Strike a balance with message volume - consumers find text messaging useful and are enticed by value-based communications (like incentives and rewards). They will unsubscribe if they receive too many messages, however.



"The findings show that consumers' increasing use of wallet is for storing loyalty cards, coupons, and tickets - it's not about payments," said Jack Philbin, co-founder and CEO of Vibes. "In fact, the largest consumer use case is currently boarding passes which have been live in Apple (News - Alert) Wallet for years and are now supported by Google as well. Simply having an app is no longer enough for brands to cut through the clutter. Consumers want personalization - this is what must be reflected in mobile strategy across channels where consumers spend their time."

Amid large-scale readiness to subscribe to mobile messaging and mobile wallet, consumers have expressed surprising justifications for their adoption. Just one quarter (27 percent) of respondents said they would adopt mobile wallet if it would make their life easier, by organizing things like offers, loyalty cards or airline boarding passes. Conversely, more than half (61 percent) of respondents subscribe to mobile messaging because of incentives or coupons, combined with 55 percent who subscribe because of loyalty rewards points. Moving forward, brands should leverage loyalty offers more regularly in their messaging, rather than leaning on convenience, to promote further adoption of these channels.


About Vibes

Vibes enables marketers to deliver compelling and profitable mobile engagement conversations. The Vibes Mobile Engagement Platform lets marketers easily manage all mobile communication channels including text messaging, push notifications, Apple Wallet, Google (News - Alert) Pay, messaging apps, and mobile web campaigns - all through a single interface. Vibes' customers include Chipotle, Discover, Lane Bryant, PetSmart, and Allstate. Vibes was recently included in the Gartner (News - Alert) Magic Quadrant for Mobile Marketing Platforms. To learn more about Vibes, visit www.vibes.com.


[ Back To TMCnet.com's Homepage ]