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Myxer's BoomBox mCommerce Report Reveals Key Findings in Consumer Purchasing ... - Marketwire (press release)

SOURCE: Myxer


Survey of 2,400 Mobile Visitors to m.myxer.com Shows That 53 Percent Made Purchases From Their Mobile Phone With 19 Percent Saying They Made Between 2 and 5 Purchases a Month

MIAMI, FL--(Marketwire - Jul 11, 2011) - Myxer, a mobile technology company that operates the largest ad-supported mobile entertainment site in the U.S., today released the Myxer Q2 BoomBox Report on mCommerce revealing key findings in consumer's purchasing behavior among mobile shoppers. The report reinforces consumer's increasing reliance on smartphones for communications, entertainment, information and increasingly, shopping.

Based on a survey of 2,400 mobile visitors to m.myxer.com, 53 percent responded that they had made a purchase from their mobile phone. The largest group, 19 percent, said they made between 2 and 5 purchases a month. Surprisingly, 16 percent said that they make more than 10 purchases a month. Other key findings include the following:

Mobile Payments

Taking a closer look at the 53 percent who said they did indeed make purchases from their phone, 31 percent said they preferred to have their mobile purchases charged to their mobile phone bill while 18 percent said they preferred to pay by credit card. Broken down by age, younger mobile consumers clearly preferred paying on their phone bill. In the 18-24 year old age range, 38 percent preferred charging their phone bill, while only 14 percent preferred paying by credit card. In the 35-54 age range, the credit card was the preferred method of payment at 28 percent versus 23 percent for paying by phone bill. It is also interesting to note that within Android users who purchased, 27 percent preferred to use their credit card.

Music leads the charge for purchased mobile content

The report also revealed that music stood out as the clear leader of products being bought, representing 68 percent of mobile purchases. 5 percent of respondents who bought from their phones said they purchased physical items to be delivered, and another 5 percent said they purchased other digital content. With music the dominant item purchased, it was not surprising to see that the largest group, 37 percent, spent less than $5 on their individual mobile purchases. The second largest group, 26 percent, opened their mobile wallets to spend more than $20 per mobile purchase.

Shopper Confidence

Respondents also said they were happy to shop from a variety of merchants with 40 percent purchasing from 2-4 vendors in the past month. 24 percent purchased from 5 or more vendors and 12 percent purchased from 10 or more vendors.

mCommerce Drivers

Convenience was the top response with 37 percent of the purchasers. Price was second with 24 percent of the mobile shoppers. A close third at 22 percent was those who shopped from their mobile because of the "cool factor." When looking at just Android users, "convenience" was the top reason for mobile shopping, with 45 percent of Android users citing it.

"With a large and active mobile audience, Myxer has the opportunity to conduct mobile surveys to help us capture the pulse of mobile consumer behavior," said Andrew Coury, data analyst, Myxer. "The BoomBox mCommerce report shows that direct mobile purchases should continue to be an exciting area of industry wide growth."

To download a copy of the full report, or subscribe to the newsletter, please visit: http://boombox.myxer.com

About Myxer
Myxer is a leading mobile technology company and operator of Myxer.com, the definitive source for free, ad-supported mobile media content across the web and mobile devices. Founded in 2005, the company has been a pioneer in mobile, establishing an early presence in the space as a free content download resource and growing into one of the 10 largest mobile destinations in the U.S. To date, more than 47 million users have downloaded 2.5 billion items including MP3s -- full-track songs and albums -- ringtones, music videos, wallpaper images, apps, games and more, across all major phone operators and carriers. In addition, Myxer offers access to its content through dedicated mobile apps available in Apple's iTunes App Store, the Android Market and BlackBerry App World.

Myxer is a registered trademark. Myxer operates websites including www.myxer.com and m.myxer.com

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Philips Consumer Electronics Enhance Everyday Entertainment at Home and On the Go - MarketWatch (press release)


NEW YORK, (BUSINESS WIRE) -- Royal Philips Electronics /quotes/zigman/264418/quotes/nls/phg PHG -11.53% (aex:PHI) unveils its most innovative consumer electronics technologies today at CE Week 2011. Recognized by the Consumer Electronics Association as an "Innovation Award" winner at this year's Consumer Electronics Show, Philips continues to draw on years of heritage in sound technology to introduce a brand new range of Audio Docking Speakers with AirPlay(TM) and Headphones that are as durable as they are comfortable to wear. Philips will also debut a range of wireless connect devices for the home.


"Philips looks beyond the chip set to create consumer electronics that are lifestyle driven," said Jacopo D'Alessandris, Head of Marketing for Philips Consumer Lifestyle. "Advanced technology is a given. Design, functionality, ease of use -- these qualities enable our products to enhance people's entertainment experiences at home and on the go."


Enjoy more content on your HDTV without the hassle of wires


Philips brings a whole new world of HD entertainment to the living room with its new wireless connectivity solutions. Philips Wireless HD Net Connect allows you to wirelessly stream videos, Internet TV, games, and more from HDMI equipped laptop/PC to your television in Full 1080p/60 resolution. Simple plug-and-play technology lets you enjoy and share content on the big screen without the hassle of wires or complicated software. Available late 2011/early 2012 for $299.99.


Exceptional Sound at Home and On-the-Go


Experience music just as the artist intended with complete clarity and a full range of emotion. The new Philips Fidelio SoundSphere Speakers with AirPlay(TM) allow you to wirelessly stream music so you can enjoy rich, clear, authentic sound throughout your entire home. Engineered with Philips' FullSound(TM) technology, Fidelio speakers restore quality MP3 music for a natural, deeper and wider sound impression. Compatible with iPod(R), iPhone(R) or iPad(R), Philips Fidelio Speakers with AirPlay come in a range of styles and are available for $229.99 - $799.99.


The Philips GoGear Connect delivers a world of apps and games at your fingertips, plus exceptional audio performance for a truly engaging entertainment experience. It operates on the Android platform via high speed WiFi, instantly connecting you to over 150,000 games and apps on the Android Market. Available this fall for $179.99.


Music to Your Ears


For the love of music everywhere you go, Philips headphones seamlessly fit your lifestyle. The Philips O'Neill line is designed to withstand the rigors of an active lifestyle. Made with ultra durable and temperature-resistant material that retains flexibility and strength, Philips O'Neill offers a whole new level in headphone resilience. Available in a variety of styles for $24.99 - $99.99.


For comfort that lets you listen to your favorite tracks as long as the music moves you, Philips offers a range of styles from long-wearing sport headphones, to noise-isolating ear buds, to a versatile, flat-folding headband with 40mm speakers and floating cushions that allow for multidirectional adjustment.


Learn More:


To learn more about Philips' latest innovations in consumer lifestyle products at CE Week visit www.philips.com/media . Members of the media are invited to visit the Philips consumer electronics booth at 7 West 34th Street, Booth C1 on June 22-23.


About Royal Philips Electronics


Royal Philips Electronics of the Netherlands /quotes/zigman/264418/quotes/nls/phg PHG -11.53% (aex:PHI) is a diversified health and well-being company, focused on improving people's lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of "sense and simplicity". Headquartered in the Netherlands, Philips employs approximately 116,000 employees in more than 60 countries worldwide. With sales of US 32.3 billion in 2009, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter .


Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6768974&lang=en


SOURCE: Royal Philips Electronics

Philips Consumer Lifestyle Shannon Jenest 203-351-5769 shannon.jenest@philips.com or OneVoice Nijha Diggs 646-935-3959 nijha.diggs@ketchum.com

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