Thursday, November 23, 2006

What's in your wallet? Oh a sim card

Over at one of my recommended blogs 'Mobile Weblog', you'll find this which takes us a step closer to your mobile-is-your-wallet, by widening the availability of the required technology.
This element of the convergent technology of mobiles opens loads of new doors. Imagine you sell a magazine aimed at kids - who run out of pocket money. Give them a mechanism by which they can buy your mag in a shop (where they see it, when they want it) without needing cash and you've just made their lives a little easier.
One interesting take on the 3G revolution is that before too long there will be more machines communicating with each other by mobile than humans - and they'll probably generate the bulk of the revenues (Tomi T Ahonen, M-Profits). A tip of that iceberg is automated billing.
Media companies wanting users to renew subscriptions may find it rather easier to have a machine send them a text message offering them a new deal - which also offers them the opportunity to buy with one click of their mobile phone.
Try the same with classified ads, display ads etc etc.

The rate of change is so rapid it's difficult for one person to keep up to speed. Let's pool our thoughts, share our reactions and, who knows, even reach some shared conclusions worth arriving at?