revolutionizing asia - 3 key trends in social media
TRANSCRIPT
Revolutionizing Asia 3 Key Trends in Social Media
Bonnae Ogunlade, Regional Associate Director, Carat Michael Fegan, Country Manager Japan, SSI
Robert Fry, Managing Director, Voxpopme
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3 Key Trends in Social Media:
#Living for Likes
#Power of Social Payments
#Oversharing Likes, Loves and Life
INDONESIA
THAILAND
CHINA
JAPAN7 markets3,500
respondentsPHILIPPINES
SINGAPORE
AUSTRALIAGeneration Z1996 to 2001
Generation Y1981 to 1995
Generation X1966 to 1980
Social Landscape + Social Application + Social Understanding
Carat’s APAC media agency insights
Voxpopme’s Video Response Technology
SSI Global Consumer Panel
Methodology
A three step approach was used, combining digital capture of text, audio and video responses…
The Approach
Analyse Share
The ChallengeTo engage the 3500 respondents across APAC to tell their stories about and experiences with social media
Capture
Video in Numbers Participation rates ranging from 3.4% to 10% +
5.8 hours of video collected across all territories in 60 second format.
Average word count of 39+ calculated with instant transcription
Social Media Landscape in APAC
31% 82% 56%Internet Penetration
50% 43% 93% 91%
Frequency of Social Media Usage (% Online Users)
#Living for Likes
0%
20%
40%
60%
80%
100%
Indonesia Singapore Thailand China Philippines Australia Japan
Gen Z Gen Y Gen X
How far people go in developing presence in social media % of Social Media users who Alter Photos
before Posting in Social Media
The need to curate and present appealing images
TranscriptionTranscription QA
Theme Explorer
Sentiment Analysis
Search & Filter
Social LifeSocietal role
Rich + Varied
Personal information
Dif. Faces
Relationships
Personas
Control
https://s3-eu-west-1.amazonaws.com/vpm-importer/media/general_client/ssiasia/living_for_likes/20160503151459-R10DQJSBeL6PsQ5iLhydntglU1osiTMI-SSIAsiaLfl.html
Living for Likes
#Many consumers spend a significant amount of time curating their social selves.
#Placing value on having their online personas validated by others.
Living for Likes #Ensure that branded content affords the same care, detail and diligence – customized and curated to the right target in the right place
# Landing a strong social strategy amongst key influencers who are more likely to actively engage with content can positively impact many consumers
“Provide quality and relevant content in creating successful conversation”
---H Paul Grice
#Power of Social Payments
42%#42% of users turn to social media to inform their purchase decision
How social media is shaping the e-commerce industry?
56%#42% of users turn to social media to inform their purchase decision
How social media is shaping the e-commerce industry?
#56% of users reach a purchase decision with the help of the friends
TRUSTED!
#Fashion clothing leads the social commerce race
30% 33%40%
28% 30%
21%
10%Indonesia Singapore Thailand China Philippines Australia Japan
Skincare
Social commerce gaining momentum in Asia% of Social Media users who Purchased
in Social Media
Social payment bridges the gap between social media and e-commerce
TranscriptionTranscription
Theme Explorer
Sentiment Analysis
Search & Filter
Connected
QA
Online
Comfortable
Authentic
Social
Convenience
Security
Experiential
https://s3-eu-west-1.amazonaws.com/vpm-importer/media/general_client/ssi/power_of_social_payment/20160503152459-YG8PjynfDNeHWflzuo2DedMxLDRIbigo-SSIAsiaPSP.html
Power of Social Payments
#Work with key influencers that will help convert followers into buyers
#Tap into social media brand listening strategies
# Explore key consumer motivations and tailor your offers accordingly
Power of Social Payments
#Be selective and ideally exclusive with your payment partners
#Factor in the growth of mobile by making social offerings device agnostic
#Oversharing Likes, Loves and Life
Concerns around social media privacy
50% 45% 39%50%
35%47%
23%
Indonesia Singapore Thailand China Philippines Australia Japan
I have started to make conscious effort NOT to share everything on
social media
#protect their relationships#safeguard their reputation
What keeps them sharing in social media?
TranscriptionTranscription
Theme Explorer
Sentiment Analysis
Search & Filter
Connected
QA
Family
Friends
Helpful information
Other People
Inspiration
Aspiration
Learning
https://s3-eu-west-1.amazonaws.com/vpm-importer/media/general_client/ssiasia/social_media_privacy/20160503152343-INzlN2YywpbnMy7UmWWcmvl7hLYGhDEg-SSIAsiaSMP.html
Oversharing Likes, Loves and Life #Overall the majority of consumers are choosing to stay connected, accepting the trade off with a lack of privacy. #For marketers to cut through they need to use the data available to them to target consumers better through personalised promotions and even payment methods
Oversharing Likes, Loves and Life #Reinforce the value of getting customer data
“The individual’s desire for privacy is never absolute, since participation in society is equally powerful desire..”
–Even Alan Westin
Final Thoughts#Consumer’s open recognition and appreciation of the VALUE EXCHANGE ultimately builds CONSUMER EMPOWERMENT- driving growth of both social and commerce
#The immense value of social connectivity and evolution of social media provides new opportunities that both insight professionals and marketers need to tap into
Thank You!