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May 25, 2020

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Page 1: d1ri6y1vinkzt0.cloudfront.netd1ri6y1vinkzt0.cloudfront.net/media/documents/11... · tech SPARK SEARCH SWOOP SEE SHOP SATISFY . WHAT THE (TECH) FUTURE HOLDS What consumers want from
Page 2: d1ri6y1vinkzt0.cloudfront.netd1ri6y1vinkzt0.cloudfront.net/media/documents/11... · tech SPARK SEARCH SWOOP SEE SHOP SATISFY . WHAT THE (TECH) FUTURE HOLDS What consumers want from
Page 3: d1ri6y1vinkzt0.cloudfront.netd1ri6y1vinkzt0.cloudfront.net/media/documents/11... · tech SPARK SEARCH SWOOP SEE SHOP SATISFY . WHAT THE (TECH) FUTURE HOLDS What consumers want from
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There are

officially

more mobile

devices than

people in the

world 7 Oct 2014

TECH IS EMBEDDED IN OUR DAILY LIVES

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…AND MAINLY IN A GOOD WAY!

people in the UK think

technology makes life

more enjoyable

7in10

“Years ago you

would spend money

on furniture as a

statement piece for

your home.

Now you spend it on

a beautiful piece of

technology.”

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“I can remember being

excited about going to

John Lewis to browse the

Villeroy & Boch tableware.

Now I go to browse the

new products by

Bang & Olufsen.”

NEW TECH FASCINATES US

6in10 Nearly

in the UK are fascinated with

new tech innovations and

how tech is progressing

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in the UK are fascinated with

new tech innovations and

how tech is progressing

6in10 Nearly

THIS IS MORE SO AMONG TIME INC. UK CONSUMERS

113 148

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…WHO ARE EARLY TECH ADOPTERS

153 129

“I like to be

the first to buy

a new tech

product”

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…INFLUENTIAL

183 117

“I am the one

that family/

friends turn

to for tech

advice”

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…AND LOVE SPENDING ON TECH

8.8 million TIME INC. CONSUMERS

136 112

“I prioritise

buying

technology

over most

other things”

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OUR RELATIONSHIP WITH TECH

What drives our attachment to tech?

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“My mobile is like my surrogate

child, it’s the first thing I check

on in the morning and the last

thing I check on at night. I get panicked if it’s out

of my sight for more than

five minutes!”

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“It’s not just a washing machine

to me. I washed my kids’ first

school uniforms in it and there’s lots of memories

attached to that washing

machine.”

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OUR NEEDS FROM TECH

How we use, choose, feel about tech

Relating to us in the home

Relating to us and the outside world

SOCIAL INDIVIDUAL

CO

NT

RO

L

EM

PO

WE

RM

EN

T

What tech says about us to others

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ON A PERSONAL LEVEL, WE INVEST IN TECH

INVEST

Save time and make life more enjoyable

Learn and inspire

Occupy and be entertained

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“We built our home cinema for

us, but also for our kids.

We knew they would love that

Mum and Dad had a cinema in

the house and would always

want to visit us to watch a film with us.”

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INVEST

Objects of beauty

Me time

Love for tech

…AND WE INDULGE IN TECH

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“My love for gadgets is

like an itch that needs to

be scratched.

I love buying things just to play

with, seeing how they work and how tech is evolving.”

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INVEST

Keep in touch

Monitor and protect

Save costs and help the environment

TECH PROVIDES AN IMPROVED SENSE OF CONTROL

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“We all have iPhones linked

to one contract.

It’s important for me to know the

kids can always contact me if they need to.”

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INVEST

Create shareable moments

Keep up with the times

Keep up with Better off than the Joneses

…AND HELPS US MAKE A SOCIAL IMPRESSION

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“Did we need to buy a big

American fridge?

No, not really. Do we love it when

people see it?

Yes, I reckon we do!”

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SOCIAL INDIVIDUAL

CO

NT

RO

L

EM

PO

WE

RM

EN

T

REACH PEOPLE ATTUNED TO THESE NEEDS

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THE TECH PURCHASE JOURNEY

Complex, multichannel and fraught with obstacles

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KEY STAGES IN THE PURCHASE JOURNEY

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THE JOURNEY VARIES BY CATEGORY

LARGE HOME

APPLIANCES

SMALL HOME

APPLIANCES

SMART HOME

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A PRACTICAL NEED CAN SPARK THE JOURNEY…

Brand building and being ‘always on’

SOLUTION

OBSTACLE

Being the brand people turn to in their time

of need

to replace a broken model

7 in 10

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to get something new

or upgrade

Always inspiring

SOLUTION

3 in 4

…AS CAN A MORE EMOTIONAL NEED

OBSTACLE

Is now the right time to buy?

3 in 5

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(re)searched online

Curate choice and filter options

SOLUTION

THE (RE)SEARCH TAKES PLACE MAINLY ONLINE

OBSTACLE

Purchase paralysis:

Too much info, too much

choice

3 in 4

2 in 3

1 in 2

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“You get

overwhelmed sometimes...

Switch it off, I’ll come back

another time… It’s overload, that paralysis

by just too much

information.”

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OBSTACLE

Need to see the product

Reassure and nudge

SOLUTION

PURCHASE CAN DIRECTLY FOLLOW

(re)searched and shopped

purely online

3 in 10

On average

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Bridge the gap, online and offline

SOLUTION

SEEING THE PRODUCT IN-STORE IS KEY

OBSTACLE

Disconnected retail

experience

saw in-store

7 in 10

On average

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Brand building

SOLUTION

BRANDS ARE IMPORTANT IN THE FINAL DECISION

OBSTACLE

People default to brands

have a favourite brand they would go to

1 in 2

2 in 5

1 in 4

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Reassure and reinforce choice

SOLUTION

PEOPLE VALIDATE THEIR CHOICE

OBSTACLE

Buyer remorse

validated post-purchase (post a review, seek out more info,

recommend, mention on social media)

On average

1 in 3

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TIME INC. CURATES, INSPIRES AND REASSURES

Tech review

sites are the most

useful source in

helping people

make their final

purchase decision

Magazine media

are the top

source of

inspiration for

tech purchases

Magazine

media and tech

review sites are

among the Top 3

resources when

researching

tech

SPARK

SEARCH

SWOOP

SEE

SHOP

SATISFY

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WHAT THE (TECH) FUTURE HOLDS

What consumers want from tech next

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“My home resembles ‘mission

control’ with all the gadgets and gizmos I have. My personal

universe is controlled

with a touch of a button.”

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WHAT PEOPLE WANT FROM TECH NEXT

CONNECTED CONSUMER, CONNECTED HOME

Always inspiring

SOLUTION:

INTERNET OF THINGS

Tech that talks to, and learns from each other

More control and efficiency

INTERNET

OF THINGS

Fitted tech

Extends throughout the home

INTEGRATED INTUITIVE

User-friendly and reliable

Anticipates and responds to needs

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RIGHT MESSAGE, RIGHT TIME

Engage with consumers in a buying frame of mind

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HELPING CONSUMERS ALONG THEIR JOURNEY

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INSPIRATIONAL EDITORIAL

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INSPIRATIONAL EDITORIAL

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INSPIRE AND INFORM

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‘ALWAYS ON’

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Mobile-optimised content bridges the gap between online and offline

‘ALWAYS ON’

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REINFORCING THE TIME IS RIGHT

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CURATING CHOICE – EDITORIAL FRANCHISE

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Smart Thermostat

65,000 users

Kitchen Improver

335,000 users

Broadband Intenders

1,440,000 users

Smart Media

and Streaming

1,300,000 users

Home Refurbishment

785,000 users

Home Appliance Interest

818,000 users

Smartphone

Interest

6,167,853 users

Televisions

400,000 users

TARGETING THROUGH DATA

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FURTHER REASSURANCE ONLINE

Detailed product information and videos offer further prompts to purchase

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HELPING TO VISUALISE THE PRODUCT

Customer reviews provide an additional prompt to purchase

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BRAND LICENSING TO REASSURE IN-STORE

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VALIDATING YOUR CHOICE

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REAFFIRMING THE RIGHT CHOICE

In association with

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Become more

relevant in

people’s lives by

tapping into

their emotional

needs

Target tech

buyers with the

right message

at the

right time in

their journey

CURATING, INSPIRING, REASSURING

KEY TAKEOUTS

Pre-empt

obstacles

in the purchase

journey.

Put solutions

in place to keep

people on track to

your brand

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