future of digital consumerism in asia

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AUGUST 2015
ASIA TREND BULLETIN
FUTURE OF
DIGITAL
CONSUMERISM
IN ASIA
Four powerful trends (opportunities!)
for brands in 2016 and beyond.
Asia Pacific. Population: 4 billion. Mobile subscriptions:
3.7 billion. Active internet users: 1.4 billion.
WE ARE SOCIAL, MARCH 2015
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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Asia Pacific accounts for more than half
of the world’s smartphones today.
eMarketer, DeceMber 2014
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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1000bn
500bn
2015
2017
E-commerce sales in Asia Pacific are estimated to reach
USD 681 billion in 2015, rising to USD 1 trillion in 2017.
SPARKLABS GLOBAL ASIA E-COMMERCE REPORT, FEBRUARY 2015
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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870 tech startup delegates attended Tech
in Asia Singapore conference in 2012. The
number grew to 1,498 in 2015.
tech in asia, May 2015
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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Yes, technology is transforming Asian consumerism.
But you knew that already. But here’s the catch:
technology alone is NOT the point.
www.trendwatching.com/trends/digital-consumerism-in-asia
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Yes, the numbers on digital tech in Asia are amazing.
But that’s precisely why it’s all too easy to get fixated
on the technologies and miss the real point. What
It’s not the technology
that changes the
world. It’s the dreams
behind the technology.
Not your wisdom, but that Jack Ma,
founder of Alibaba ;)
matters most is actually the supercharged lifestyles –
the dreams – that technology enables. Because in the
end, consumerism is still (and always will be) about
people and their fundamental needs and wants.
So if you came here thinking you’ll read about the
growth of wearables, the advent of smart cities, the
Internet of Things, and all the other widely-covered
tech trends, you’re going to be sorely disappointed.
You know about those trends already. But what can
you do with them?
In this Trend Bulletin, you’ll find four new tech-fueled
opportunities for you to innovate around. Learn,
adapt, innovate, find new ways to serve fundamental
needs... and profit!
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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1. ALL ON MESSAGING
Four tech-fueled
trends reshaping
Asian consumerism in
2016 and beyond.
Messaging platforms as a remote control for
day-to-day living.
2. DISCOVERY DIRECTORY
Directories for a new, fuzzier consumer arena.
3. BOTTOM OF THE (SMART) PYRAMID
BOP consumers meet cutting-edge digital tech.
4. DIGITAL DISCIPLINE
The pursuit of online/offline balance.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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2015 Consumer Trend Seminars
Turn the overwhelm into opportunity
SEE PAST EVENTS
www.trendwatching.com/trends/digital-consumerism-in-asia
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1. ALL ON MESSAGING
Messaging apps become remote controls
for day-to-day living.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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Asia
43%
Global
33%
43% of web traffic in Asia comes through mobile.
Globally, that figure is just 33%.
WE ARE SOCIAL, MARCH 2015
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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By Q1 2015, WeChat had 549 million active monthly
1. ALL ON MESSAGING
users. For LINE, that figure was 205 million. It’s little
wonder that mobile messaging apps are now the go-to
channels for brands to reach consumers.
On top of that, Asian consumers love digital
Messaging app
ecosystems are
EXPANDING.
In fact, it’s probably time to stop calling
CRAMMING – having multiple features available in
one platform. Mobile apps like WeChat and LINE have
steadily built ecosystems of their own: in-app shopping
and flash deals, games, content, cute stickers (of
course!) and more.
But now, the consumer’s expectations are broadening
– they want to do more. Smart brands are responding
by using messaging apps not simply as shopping
and content channels, but to offer lifestyle solutions,
them ‘messaging’ apps ;)
solve social issues, provide financial services, and
ultimately make individual and community life better.
So, are you ready for the messaging app as a remote
control for day-to-day living?
www.trendwatching.com/trends/digital-consumerism-in-asia
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February 2015 saw LINE launch a USD
42 million fund to transform itself from
a messaging app to a “smartphone
gateway for your life”, packing lifestyle
solutions into one platform.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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ALL ON MESSAGING: FEATURED INNOVATIONS
WeChat City Service
Shangai government and FoodPanda on
WeChat
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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ALL ON MESSAGING: FEATURED INNOVATIONS
Burberry
Grocery deliveries and Burberry on LINE
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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ALL ON MESSAGING: FEATURED INNOVATIONS
Delhi Police
Delhi Police Department and Homework
Gods on WhatsApp
www.trendwatching.com/trends/digital-consumerism-in-asia
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1. ALL ON MESSAGING
NEXT?
This trend spells massive opportunity.
How to apply? Partner with the messaging
platform your target audience is already
using. Think about how you can make
familiar processes easier and faster, offer
content that’s genuinely new, or provide
useful new information. And yes, the same
thinking can be applied to other social
platforms, too. See how Kotak Mahindra
Bank launched a Twitter-based savings
account in India.
www.trendwatching.com/trends/digital-consumerism-in-asia
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2. DISCOVERY DIRECTORY
Directories for a new, fuzzier consumer arena.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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2. DISCOVERY DIRECTORY
P2P. Social shopping.
Suppliers in
unexpected places.
It’s a confusing world
out there.
The rise of online culture and e-commerce has blurred
Luckily, a familiar breed of website can help.
tradesmen, parking spaces for hire, and much more.
the boundaries that previously defined the consumer
arena. That means all kinds of new products and
services, suppliers, and marketplaces, as well as the
ability to organize access to resources in new ways.
Exciting? Sure. But all that adds to the choice paralysis
that afflicts so many consumers today. Now, new
directories and platforms are springing up to help
consumers navigate the consumption-sphere in
2015: one filled with social media sellers, online local
That means better decisions, with minimum effort.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DISCOVERY DIRECTORY: FEATURED INNOVATIONS
Oiffel, Kleora and Shopious
Online aggregators help consumers
discover Instagram shops in Indonesia
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DISCOVERY DIRECTORY: FEATURED INNOVATIONS
HandyHome and PageAdvisor
Online directories for domestic
home solutions
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DISCOVERY DIRECTORY: FEATURED INNOVATIONS
Parking Duck
Online marketplace helps drivers
find parking spaces
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DISCOVERY DIRECTORY: FEATURED INNOVATIONS
GottaGo
Mobile app lists nearby restrooms
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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2. DISCOVERY DIRECTORY
NEXT?
Think about everyday painpoints where
consumers need information but do not
want to invest time and effort on the search
process. Create directories for the most
unlikely services, from public toilets and
parking spaces, then go one step further
and facilitate instant purchase!
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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3. BOTTOM OF THE
(SMART) PYRAMID
BOP consumers meet cutting-edge digital tech.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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2015
2014
Cambodia
Myanmar
From 2014 to 2015, the number of internet
users in Cambodia and Myanmar grew by 414%
and 346% respectively.
WE ARE SOCIAL, MARCH 2015
www.trendwatching.com/trends/digital-consumerism-in-asia
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3. BOTTOM OF THE (SMART) PYRAMID
We constantly hear about Asia’s new, affluent, urban
middle class. But the fact remains that most countries
in the region are still developing.
Countries including the Philippines, Vietnam, Indonesia
and India all have internet speeds below the global
average, but users in these regions spend the most
52% of the population
in the ASEAN markets
reside in rural areas.
These markets are driving much of
time on the internet when compared to their Asian
counterparts (We Are Social, March 2015).
BOP engagement with tech is certainly not new
(feature phones!), but – in a time when even Ojeks
and rickshaws are getting a digital makeover –
expectations around technology are also rapidly
changing. Now, the Asian BOP are making use of
cutting-edge technologies that can solve shared
problems, make people safer, and improve quality of
Asia’s growth.
life. Fishermen using satellite tech to locate the best
haul, anyone?
So when you’re thinking about tech innovations for
BOP consumers – think smart.
www.trendwatching.com/trends/digital-consumerism-in-asia
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BOTTOM OF THE (SMART) PYRAMID: FEATURED INNOVATIONS
Khushi
Smart necklace for kids keeps track
of vaccinations
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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BOTTOM OF THE (SMART) PYRAMID: FEATURED INNOVATIONS
mFish
Mobile app helps Indonesian
fishermen locate the best spots
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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BOTTOM OF THE (SMART) PYRAMID: FEATURED INNOVATIONS
The Escalator Project
Mall-generated electricity powers
rural Indian villages
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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BOTTOM OF THE (SMART) PYRAMID: FEATURED INNOVATIONS
PawnHero
Online pawn shop opens in the
Philippines
www.trendwatching.com/trends/digital-consumerism-in-asia
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3. BOTTOM OF THE (SMART) PYRAMID
NEXT?
Can you use simple technology to create
meaningful innovations that solve real issues
in Asia’s emerging markets? Think about how
you can adapt your current offerings to suit
the local landscape.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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4. DIGITAL DISCIPLINE
Forget digital detox – it’s all about discipline.
www.trendwatching.com/trends/digital-consumerism-in-asia
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63%
63% of Japanese parents worry that their kids
will become addicted to smartphones.
TOKYO METROPOLITAN GOVERNMENT, DECEMBER 2014
www.trendwatching.com/trends/digital-consumerism-in-asia
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4. DIGITAL DISCIPLINE
Last November we wrote about DIGITAL DISCIPLINE,
Admitting you
have a problem is
the first step.
But Asian digital addicts don’t want cold
turkey – they just want to manage their
habit ;)
highlighting how it will be one of the biggest topics in
consumerism this year. Since then, it’s edged evercloser to the mainstream.
Indeed, January 2015 saw the Taiwanese government
pass legislation obliging parents to limit the amount of
time their children spend on digital devices.
Of course, for most consumers switching off entirely
– even for a few days – just isn’t an option. So now,
innovative brands are helping consumers cultivate
healthier relationships with their digital devices,
instead of depriving them altogether.
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DIGITAL DISCIPLINE: FEATURED INNOVATIONS
Reebok
Subway game in encourages South Korean
commuters to look up from phones
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DIGITAL DISCIPLINE: FEATURED INNOVATIONS
McDonald’s India
Fast food chain encourages diners to
reconnect offline
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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DIGITAL DISCIPLINE: FEATURED INNOVATIONS
Oppo
Smartphone brand tells Vietnamese dads
to put down phones
www.trendwatching.com/trends/digital-consumerism-in-asia
DIGITAL CONSUMERISM IN ASIA
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4. DIGITAL DISCIPLINE
NEXT?
Think about innovative ways you can
help your consumers have a healthier
relationship with technology. Create
initiatives for consumers to fill their idle
time away from digital devices. Launch
campaigns that remind consumers to
be more digitally disciplined. Perks and
rewards can go a long way too ;)
www.trendwatching.com/trends/digital-consumerism-in-asia
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IN CONCLUSION...
www.trendwatching.com/trends/digital-consumerism-in-asia
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Four trends. Countless
opportunities.
Trends are useless, unless you think
about how to apply them. Now you have
your trend download, pick out the ideas
that resonate and start innovating! It’s
time to create your own trend-driven
innovations that will serve and delight
your Asian consumers in the age of digital
consumerism...
www.trendwatching.com/trends/digital-consumerism-in-asia
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