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Mobile Wallets: Where’s The S-Curve?

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 Here’s a walk down S-curve reminiscence lane, courtesy of a Harvard Business School (HBS) article written through economist, advertising sciences expert and HBS professor, the overdue Theodore Levitt. This client take a look at of energetic cellular pockets customers is some thing we’ve executed each quarter in collaboration with InfoScout ever seeing that Apple Pay’s release in Oct. 2014. You would possibly don't forget that we ask consumers with smartphones that (a) are well suited with one of the 4 cell wallets we track and (b) who just bought some thing at a store that accepts one of these 4 mobile wallets to tell us (c) why they did or didn’t use that cell wallet to make the purchase they just made. In other words, we located what people in reality did and then requested them why they did it. Each quarter, we survey kind of 2,000 customers for every sort of pockets for a sample general of roughly eight,000 consumers. How does it work? What we’ve found out is that Apple Pay’s