Already playing an integral role in simplifying services like hailing a ride to the airport, the smartphone also can help drive traffic to stores and sell merchandise.
Keith Duncan, the Austin, Tex.-based vice president of discount coupon marketplace Retailmenot Inc., explained the various ways that stores have turned to smartphones as marketing tools. For instance, Banana Republic offered a 10 percent discount via customers’ mobile phones if they came to a store, while Toys ‘R’ Us sent an ad to users who checked into a shop via Foursquare. More marketers can capitalize on consumers’ nomophobia, or the physical anxiety caused by not being near their phones or by waning battery power.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"