LISTENING TO ASIA Understanding the MIND of consumers across Asian societies in order to activate them as real-life consumers! Heidelberg/ Singapur, 2017 Study across the 11 most important Asian markets run by in cooperation with
LISTENING TO ASIAUnderstanding the MIND of consumers across Asian societies in order to activate them as real-life consumers!
Heidelberg/ Singapur, 2017
Study across the 11 most important Asian markets run by in cooperation with
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ACORN and SINUS combine their expertise as strategic partners
Consumer-Centric Understanding bundled with Asian Market & Marketing Expertise
ACORN ASIA and SINUS GROUP
▪ Founded in 1985 30th Anniversary Project
▪ Asia‘s leading, independent market research company
▪ Special expertise in marketing strategy & consulting across Asia. Works with major international clients in the Middle East, Eastern Europe and Western Europe
▪ 11 direct offices across Asia
▪ Sinus-Milieus® as leading target-group model for marketing management and social-/political research across Germanic markets
▪ Sinus-Meta-Milieus® as international target-group solution available in 40 markets around the world
▪ Directly active in Asia with SINUS:consult since 2014
www.acornasia.comwww.sinus-institut.de
Copyright © 2016 by Sinus Institute Limited
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Asia is a continent and region of undisputed size and potential...
60% of the world‘s population
yearsis the median age
30
But it is changing faster and more dynamically than any other region in the world...
48% of the population lives in cities
By 2030 Asian countries will represent 66% of the world‘s middle class
Asia‘s population is getting even younger with increased birth-rates
Asia leads the world‘s mobile digitaization with more than 800 Million smartphones in use by the end of 2015
Sources: McKinsey Global Institute; CIA World Factbook Copyright © 2016 by Sinus Institute Limited
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This is how we will understand the Asian MIND...Study Content (MIND)
MeValue-based model Sinus-Meta-Milieus®
Understanding consumers how they really exist
Demand▪ Health▪ Telecommunication▪ Travel▪ Finance▪ Luxury Fashion▪ Beauty Care▪ Mobility
InfluenceSocial IssuesSocio-cultural Trends
NowDigital Lifestyle
M
I N
D
Copyright © 2016 by Sinus Institute Limited
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We deliver the right answers to your questions about AsiaSurvey Scope
▪ Who are Asia‘s real-life target groups?▪ What are their values and lifestyles?▪ What are regional similarities and local differences?
▪ Key-drivers for Preference▪ Key-drivers for Purchase▪ Brand Profiles▪ U&A▪ TrendsMy Category, My Target Groups, My Markets
▪ What issues move people in Asia?▪ Which socio-cultural trends are prevailing?▪ What topics engage people in Asia?
▪ Digital Channel Preferences▪ Digital Receptivity▪ Digital Trends▪ E-Commerce Preferences
Copyright © 2016 by Sinus Institute Limited
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We provide insights by market and across generations…Research Design
In-depth Market Understanding
China, Hong Kong, Korea, Japan, Vietnam, Thailand, Phillippines, Malaysia, Indonesia, Singapore, Taiwan
11Asian Key-Markets in Scope
Generational Value- and Consumption Shift
Research Methodology & Scope
Youth Millennials Gen Y Gen XSilver
Haired
15-19 years
20-27years
28-39years
40-55years
56-70years
5 Generations in Scope
Representative for Online Population
9,500 in total (n=860 by market)
Online surveys (CAWI) across all markets
Rising middle-class(in emerging markets)Across generations in scope
Future Decision-Makers
Copyright © 2016 by Sinus Institute Limited
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▪ LOHA-Lifestyle has become mainstream▪ Strong social + political influence by
INTELLECTUAL elite▪ Saturated on high level Challenge to maintain living standards
especially for young generation Shrinking middle class
2 slightly different but comparable models for established and emerging markets
ESTABLISHED MARKETS EMERGING MARKETS
▪ Materialistic / Essential ▪ Social Climbers – upcoming middle class▪ Disillusion (CEE + LATAM + Philippines)▪ Obvious gender differences▪ LOHA-Lifestyle is emerging within
the cosmopolitan/digital sovereign elite
Copyright © 2016 by Sinus Institute Limited
8Copyright © 2016 by Sinus Institute Limited
...and additional unveil differentiating lifestyle-segments within each country: The Sinus-Meta-Milieus®
China, Hong Kong, Korea, Japan, Vietnam, Thailand, Phillippines, Malaysia, Indonesia, Singapore, Taiwan
11Asian Key-Markets in Scope
Established markets
Emerging markets
Malaysia
China
Indonesia
Philippines
Thailand
Vietnam
Hong Kong
Japan
Korea
Singapore
Taiwan
Copyright © 2016 by Sinus Institute Limited
Emerging of post-materialistic values
Emerging Markets Established Markets
Conservative Established
Established
Modern Established Intellectuals
Modern Performing Performers
CosmopolitanAvantgarde
CosmopolitanAvantgarde
Success-Oriented Adaptive Navigators
Adapting Mainstream Modern Mainstream
Traditional Popular (rural) Traditionals
Urban Working Class Consumer-Materialists
Fun & Money Driven Sensation-Oriented
9Copyright © 2016 by Sinus Institute Limited
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2 slightly different but comparable models for established and emerging markets
ESTABLISHED MARKETS EMERGING MARKETS
• loyal & reliable• flexibility & security-driven• achievement-oriented• pragmatic and adaptive• well organized• regrounding• family & friends
• social climber mentality• flexibility- & security-driven• willingness to perform• balance of work and
family-friends• sense of tradition and order• Well organized
Copyright © 2016 by Sinus Institute Limited
Attitudes to Country of Origin across the Region
Automobile
Electronic Gadget
Watch
Wine
Liquor
Pharmaceutical
Fashion and Accessories
Cosmetics and Skincare
Chocolate and sweets
Regional Preview: Demand
4*
5
5
7
8
6
5
* Germany ranking
1 1Copyright © 2016 by Sinus Institute Limited
Regional Preview: Demand
Attitudes to Country of Origin among Asian Consumers
• Only 20% of the Asian consumers (CN included) would consider Chinese products in any of the 9 categories, led by CN own consumers (57%), followed by ID (46%), TH (24%), and MLY (20%)
• MLY, ID and TH are more interested in Chinese products including consumer electronic gadgets, including smartphones.
• 99% of JP consumers and 91% TW consumers would not consider Chinese products.
• 84% Asian consumers prefer Japanese products - much lower among KR consumers (58%) and CN customers (29%).
• Increasing popularity of Korean electronics and cosmetics (57%) • With the exception of Japan (96% do not prefer Korean products in the 9 categories). • 65% of TW and 52% of PH consumers have hesitation on KR products as well
1 2Copyright © 2016 by Sinus Institute Limited
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Choose your reports – in-depth by market or topline for the regionPrice List
APAC Topline Report
Each In-depth Market Report
Number of Market Reports (market examples)
Unit Price (USD)
Total Price (USD)
Discount vs. Single Report
1 report, e.g. Singapore only 3,500 3,500 0
2 reports, e.g. Singapore + Malaysia 3,400 6,800 200
3 reports, e.g. HK, Japan + Indonesia 3,300 9,900 600
4 reports 3,200 12,800 1,200
5 reports 3,100 15,500 2,000
6 reports 3,000 18,000 3,000
7 reports 2,900 20,300 4,200
8 reports 2,900 23,200 4,800
9 reports 2,778 25,000 6,500
10 reports 2,500 25,000 10,000
All 11 reports 2,273 25,000 13,500
Each In-depth Market Report contains...▪ Lifestyle- and Value-Based Segmentation
(Sinus-Meta-Milieus®)
▪ In-depth Target Group Profiling
▪ Socio-cultural Trend-Analysis
▪ Compelling Social Issue Report
▪ Digital Consumer Lifestyle Report
▪ Category-specific Market & Consumer Reports (Health, Telco, Travel, Finance, Fashion, Beauty and Mobility)
Local country report purchased by local
clients will be discounted by 15%
STARTER OFFER: TOPLINE REPORT OF THE REGION (11 countries)
Unit Price (USD)
APAC Market Segments & Socio-cultural Trends* 3,500
* Free with purchase of report for 7 countries
APAC Topline Report contains...▪ Overview on Lifestyle- and Value-Based Segmentation across
APAC markets (Sinus-Meta-Milieus®)
▪ Socio-cultural Trends Analysis (Topline)
▪ Category-specific Market & Consumer Toplines
Copyright © 2016 by Sinus Institute Limited
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Matthias Arnold
SINUS Institute
Mail: [email protected]
Please contact us for more detailed information and reporting requests
Nico Hribernik
SINUS Consult
Martin Lai
Acorn Marketing & Research Consultants Pte Ltd
Acorn Marketing & Research Consultants Pte. Ltd.ACORN Building12 & 13 Mohammed Sultan Road, #02-01Singapore [email protected]
Sinus Consult Pte. Ltd.16 Raffles Quay#33-03, Hong Leong BuildingSingapore [email protected]
Sinus Institut GmbHGaisbergstraße 669115 [email protected]
Mail: [email protected]
Mail: [email protected]
Kim Lean Cheah
Acorn Marketing & Research Consultants Pte Ltd
Mail: [email protected]
Copyright© by:
Acorn Marketing & Research Consultants (Intl.) LtdUnit 906-909, 9/F,Island Place Tower; Hong KongM: +852 9099 8263www.acornasia.com
Copyright © 2016 by Sinus Institute Limited
Introduction of Acorn
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Who We Are
Founded in Singapore 31 years ago, we are the largest
independent Asian research network and consultancy
A full-service research company direct offices in 11
countries around the region
Research design, data collection (fieldwork), data
analysis (data processing and statistical analysis) to
reporting are all done IN-HOUSE
Have never advertised - growth in 30+ years and work
around the world purely driven by word of mouth
“Thank you for the team's extremely high quality debriefs and your
collaborative spirit. You are a true example of a real strategic partner.”
Stuart Woollford - Regional Head of Brand & Marketing Strategy, Asia Pacific,
HSBC
Acorn has been consistently voted as the leading local market research agency in the Marketing Magazine's
Agency of the Year Awards since its inception in 2008
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Truly Asian
85 86 89 92 94 95 00 02 14
Singapore
Singapore
Malaysia
Kuala Lumpur
Thailand
Bangkok
Hong Kong
Hong Kong
China
Shanghai
Vietnam
Ho Chi Min City
Indonesia
Jakarta
Taiwan
Taipei
Korea
Seoul
Japan
Tokyo
Being trusted by our clients for more than a decade - most of Acorn direct officeshave been established in the market for more than 15 years – that equips ourpeople with expertise in regional project management and local marketknowledge
Over 400 people across the region (excluding data-entry operators andinterviewers), with over 80 qualitative and quantitative researchers servicingclients
Philippines
Manila
15
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LISTENING TO ASIAUnderstanding the MIND of consumers across Asian societies in order to activate them as real-life consumers!
World 2017
Study across the 11 most important Asian markets run by in cooperation with
Find out more atwww.sinus-institut.de/asien
1 8Copyright © 2016 by Sinus Institute Limited