In HK, the way to affluent shoppers’ wallets is through… information
December 11, 2017
Industry News
Content Provided By:
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Kantar TNS
info.hk@kantartns.com
Affluent shoppers are more likely than others to be turned on by your offering if you give them detail and share user ratings.
In a market which has faced a retailing downturn and which has been slow to adopt e-commerce, many brands face the challenge of getting HK’s wealthiest consumers to buy more online. Kantar TNS’ Connected Life 2017 reveals that among HK’s top third wealthiest consumers who use online to buy groceries, information is the key differentiating driver for them doing so.
Why do you shop online? (For groceries)
Of course, making the online grocery shopping experience fast and easy is imperative for retailers. This is the case for all shoppers. Then it comes down to providing choice, quality and information.
More choice may be a challenge, especially for smaller retailers who lack the power to negotiate profitably with all brands and who may not have the scale of infrastructure to support them. Quality does show some leverage potential among high income shoppers, but it is not a big driver for the decision to shop for groceries online. Providing information is an interesting opportunity if targeting premium customers because:
Connected Life is Kantar TNS's guide to how connectivity is reshaping consumers, connections, content and commerce. The research has been conducted across 56 markets with over 72,000 respondents and 104 qualitative interviews. This year, it seeks to understand what we trust and why - and how brands should respond to it.
The full Connected Life 2017 report for HK is available for USD 9000.
To get your customized report, please contact us Kantar
----------
Kantar TNS
info.hk@kantartns.com
Affluent shoppers are more likely than others to be turned on by your offering if you give them detail and share user ratings.
In a market which has faced a retailing downturn and which has been slow to adopt e-commerce, many brands face the challenge of getting HK’s wealthiest consumers to buy more online. Kantar TNS’ Connected Life 2017 reveals that among HK’s top third wealthiest consumers who use online to buy groceries, information is the key differentiating driver for them doing so.
Why do you shop online? (For groceries)
| Low & Medium Income | High Income | |
| It’s easy & fast | 60% | 64% |
| I get more choice | 25% | 28% |
| I get better quality | 16% | 20% |
| I get better information | 21% | 31% |
Of course, making the online grocery shopping experience fast and easy is imperative for retailers. This is the case for all shoppers. Then it comes down to providing choice, quality and information.
More choice may be a challenge, especially for smaller retailers who lack the power to negotiate profitably with all brands and who may not have the scale of infrastructure to support them. Quality does show some leverage potential among high income shoppers, but it is not a big driver for the decision to shop for groceries online. Providing information is an interesting opportunity if targeting premium customers because:
- Information is a key pathway for earning trust in a connected world
- Information is relatively inexpensive to provide
- They want more details about products
- They want more user reviews and ratings
- Are your reviews spam free?
- Is the online experience you offer tailored to the profiles of your users? For instance, are wealthier visitors provided with more detailed content when they click a “Learn more” button?
- Does clicking “Learn more” also give users the option of going directly to the correct product information page on the brand’s website?
- The desire for information is deep. Are your OFFLINE channel partners and stores geared up to provide more information to affluent shoppers when asked to do so? For instance, are you giving extra information support at point of sale to retail outlets located in affluent areas of HK?
- Are you providing retail partners with different degrees of product information depth, so they can scale it according to user segments or profiles?
Connected Life is Kantar TNS's guide to how connectivity is reshaping consumers, connections, content and commerce. The research has been conducted across 56 markets with over 72,000 respondents and 104 qualitative interviews. This year, it seeks to understand what we trust and why - and how brands should respond to it.
The full Connected Life 2017 report for HK is available for USD 9000.
To get your customized report, please contact us Kantar
