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NEW BEHAVIOURS,
NEW OPPORTUNITIES
BLACK FRIDAY TET
1 2 3 4 5
Gen X and Boomers The economic Self-gifting & Imposed disruption The new perspective
dominate global downturn will expedite seasonal shopping fuels receptiveness on value: affordability,
mobile and the rise of Mega-Sales. can be positive outlets to new products authenticity and action.
ecommerce growth. in difficult times. and services.
Research Methodology
65% 86%
of those Gen X / Boomers of Gen X / Boomers
surveyed globally are surveyed globally have
spending more time using been shopping online
mobile since the start of since the start of COVID-
COVID-191 192
Source: 1) Coronavirus Research by GWI, among 15, 274 global internet users aged 16 - 64, April 22 - 27 2020. Question : Which device(s) have
you been spending significantly more time using since the start of the coronavirus / COVID-19 outbreak?”2) Coronavirus Research by GWI,
among 15, 079 global internet users aged 16 – 64, March 31 – April 2 2020. Question: “How has the coronavirus / COVID-19 outbreak impacted
your online shopping behaviours?”,
From 2019 research, we saw that over 64% of year-end shoppers
are now reliant on mobile at every stage of the purchase journey.
For Boomers, mobile research has grown by 19pts YoY.
100% +10pts
+19pts
90% +11pts
+4pts +11pts
80%
+3pts
70%
+8pts
60%
50%
40%
30%
20%
10%
0%
Holiday Discovery Holiday Research Holiday Purchase
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
Across categories, year-end shoppers in Vietnam report the Facebook
Family of Apps as their no. 1 online source of ideas and inspiration.
Where shoppers surveyed in Vietnam have discovered ideas or
browsed for inspiration online during the 2019 year-end season
Facebook Facebook eCommerce Search Instagram Facebook Facebook Search eCommerce YouTube Facebook Facebook eCommerce Messaging Search
Family (any) websites engines Family (any) engines websites Family (any) websites services (any) engines
Facebook Facebook Instagram Messaging Search Facebook Facebook Instagram YouTube Search Facebook Facebook Search eCommerce Messaging
Family (any) services (any) engines Family (any) engines Family (any) engines websites services (any)
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
With many more willing to make a
purchase when their rapidly changing
needs & expectations are met.
% GEN X & BOOMERS SURVEYED IN VIETNAM “I’m more likely to buy from
WHO CARE ABOUT “SHOP ONLINE, PICK UP IN-STORE”
a business if I’m able to instant
62% message them”
2019
64%
of all year-end shoppers
% GEN X & BOOMERS SURVEYED IN VIETNAM WHO HAVE surveyed in Vietnam agree
“MESSAGED A BUSINESS DURING THE YEAR-END SEASON”
70%
2019
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265
people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
INSIGHT 1 TAKEAWAYS
Price 91%
Discount
offers 88%
Product
choices 87%
Free
shipping 86%
Coupons 83%
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec
to 24 Dec 2019.
This year, Mega-Sales could
be the moment that buyers
are waiting for.
45%
who delayed technology
40%
who delayed luxury item
purchases as a result of purchases as a result of
COVID-19 will now wait until COVID-19 will now wait until
promotions for purchase promotions for purchase
Source: Coronavirus Research by GWI, among 15,274 global internet users aged 16 - 64, April 22 - 27 2020.
Question: “Thinking about these delayed purchases, what do you think you will do?” Base: 4,415 / 2,850.
81% of shoppers surveyed in Vietnam say
they’ve bought something during large discount
and sales events across the year-end season. How conversions on each Mega Sales
Day outperforms the daily average daily
in Q4 in Vietnam:
11.11
(Single’s Day)
12.12
2.4X 1.8X
29.11
(Black Friday)
the daily avg. the daily avg.
12.12
2.7X
the daily avg.
9
9
9
9
9
19
9
9
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
ec
ov
ov
ov
ec
ec
ov
ov
ec
ec
ec
ov
ec
-D
-D
-D
-D
-D
-N
-N
-N
-D
-D
-N
-N
-N
16
11
31
26
21
16
11
26
06
21
01
06
01
Source: Facebook data. VN 01-11-2019 to 31-12-2019. Analysis of conversion pixel and app events data for advertisers who have installed Facebook
Pixel and Facebook SDK.
Black Friday & Cyber Monday are the most
popular Mega Sales events for year-end shoppers
surveyed in Vietnam.
70% 66%
65%
60%
55%
51%
50%
45%
40%
32%
35% 27%
30%
25%
20%
15%
10%
5%
0% Black Friday Cyber Monday 12.12 Singles Day
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec
2019.
Conversations around
During the 2019 season, conversations “sales” on Black Friday are
9
9
9
9
19
9
9
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
ec
ov
ov
ov
ec
ec
ov
ov
ec
ec
ov
ec
ec
-D
-D
-D
-D
-D
-N
-N
-N
-D
-D
-N
-N
-N
16
11
26
21
31
16
11
26
06
21
01
06
01
Boomers
51%
Gen X 31%
Gen Z
Millennials 1.8X
more likely to purchase
1.6X
more likely to
1.4X
more likely to purchase
“designer goods” purchase “jewellery” “travel”
Female 51%
Male
49%
1.4X
more likely to purchase
1.4X
more likely to purchase
1.2X
more likely to purchase
“alcoholic beverages” “health & beauty” “sporting goods”
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
12.12 Shoppers in Vietnam are 1.5x more likely to plan a “toys” purchase
across the year-end season.
Gen X 29%
Gen Z
Millennials 1.5X
more likely to
1.4X
more likely to purchase
1.3X
more likely to purchase
purchase “toys” “sporting goods” “travel/vacation”
Female 48%
Male 52%
1.2X
more likely to purchase
1.2X
more likely to purchase
1.2X
more likely to purchase
“electronics goods” “healthy & beauty” “alcoholic beverages”
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
Singles Day shoppers in Vietnam are who are 1.7x more likely to plan a
“DVDs/Music” purchase across the year-end season.
AGE OF SINGLES DAY SINGLE DAY SHOPPERS (VS. NON-SINGLES DAY SHOPPERS)
SHOPPERS SURVEYED
4% (% of those surveyed in Vietnam)
IN VIETNAM 14%
53%
Boomers
Gen X 29%
Gen Z
Millennials 1.9X
more likely to purchase
1.7X
more likely to
1.6X
more likely to purchase
“designer goods” purchase “DVDs/Music” “sporting goods”
Female
43%
Male 57%
1.5X
more likely to
1.4X
more likely to
1. 4X
more likely to purchase
purchase “travel” purchase “gift cards” “video games”
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
While conversations around specific
Mega-Sales start building from up to 10 days prior.
FREQUENCY OF CONVERSATIONS ABOUT FREQUENCY OF CONVERSATIONS ABOUT
“SINGLES’ DAY” ON FACEBOOK IN VIETNAM IN Q4 2019 “BLACK FRIDAY” ON FACEBOOK IN VIETNAM IN Q4 2019
1/11/19 6/11/19 11/11/19 16/11/19 21/11/19 26/11/19 15/11/19 20/11/19 25/11/19 30/11/19 5/12/19 10/12/19 15/12/19
15/11/19 20/11/19 25/11/19 30/11/19 5/12/19 10/12/19 15/12/19 1/12/19 6/12/19 11/12/19 16/12/19 21/12/19 26/12/19
90%
89% 89%
88%
87% 87%
86% 86% 86% 86%
85% 85%
Ecommerce / Retail CPG Financial Services Entertainment Travel Tech & Telco
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people
aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
And this growing phenomenon of Mega Sales is
creating a new breed of shopper - who’s more likely
to self-gift, spend more and rely on mobile.
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+).
Vietnam data only. 2 Dec to 24 Dec 2019.
As the outbreak begins to ease, many global
shoppers expect to pick up on these purchases
- prioritizing travel, clothing and electronics as
their first non-essential “big” buys.
TOP LARGE PURCHASES PEOPLE WILL PRIORITIZE MAKING FIRST
(% of internet users surveyed globally)
49%
Vacations/
trips
28%
Clothes 21%
of internet users surveyed
Smartphone 15% globally say they’ll buy
purchases they delayed “when
Home
appliances/ 14%
the outbreak is over or begins
devices
to decrease in my country”
Personal
13%
electronics
Source: Coronavirus Research by GWI, among 15, 274 global internet users aged 16 - 64, April 22 - 27 2020. Question 1) “Thinking about large
purchases that you have delayed, when do you plan to buy them?” Question 2) “Which large purchases will you prioritise making first?” Base: 11,360
Increased interest in “little luxuries” suggest potential for
similar growth this downturn, as the comfort economy gains momentum.
Holiday 2019
Source: CrowdTangle, “little luxuries / self-gifting” related public posts, chart shows volume of posts interactions related to these terms.
INSIGHT 3 TAKEAWAYS
difficult times
04 Imposed disruption fuels
INSIGHT:
receptiveness to new
products and services.
Millions are trying new
behaviours, products
and services as a
result of COVID-19.
84%
of survey respondents in China
tried at least one new service for the
first time during the COVID-19 outbreak
52%
30%
14%
5%
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+).
Vietnam data only. 2 Dec to 24 Dec 2019.
Beyond Mega-Sales, price is one of the top
reasons why over half of year-end shoppers
in Vietnam purchase products from overseas.
56%
56%
37%
34%
29%
of year-end shoppers
surveyed in Vietnam spend a
portion of their year-end
budget on goods shipped
Products are better made Product isn't made here It shows more thought to the Products are less expe nsive
gift re cipient from abroad
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+).
Vietnam data only. 2 Dec to 24 Dec 2019.
Top source countries for cross-border purchases
by year-end shoppers in Vietnam
54% 56%
45% 43% 41%
38% 36% 30% 33%
22% 18% 17% 23%
18% 18%
KR US CN JP FR US JP KR FR CA KR US JP FR CA
JP US CN KR DE US KR JP CN FR US JP CN KR CA
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+). Vietnam data only. 2 Dec to 24 Dec 2019.
INSIGHT 4 TAKEAWAYS
and services
05 The new perspective
INSIGHT:
on value: affordability,
authenticity & action.
With those surveyed in Q4 desiring reliability
and smarts over brands that appear “young”.
TOP 5 THINGS CONSUMERS WANT BRANDS TO DO TOP 5 THINGS CONSUMERS WANT BRANDS TO BE
(% of internet users surveyed in Vietnam) (% of internet users surveyed in Vietnam)
Q4 2019 Q4 2019
61%
40% 38%
52% 52%
43% 42%
Be eco-friendly Be socially Listen to Help you improve Make you feel Smart Reliable Authentic Young Innovative
responsible customer your skills valued
feedback
Source: Core Research by GWI, among 2,520 internet users aged 18+ in Vietnam, Q4 2019. Question 1) “Which of these things do you want brands to do?”
Question 2) “Which of these things do you want brands to be?” Base: 1,677
Year-end shoppers in Vietnam like to see videos that emphasize
family - with those that show the product virtually considered most
useful for making purchase decisions.
TYPES OF VIDEOS THAT WOULD HELP HOLIDAY
TOP 5 VIDEO TYPES SHOPPERS LIKE
SHOPPERS DECIDE ON THEIR PURCHASES, BY
TO SEE DURING THE HOLIDAY SEASON
CATEGORY
(% of those surveyed in Vietnam)
(% of those surveyed in Vietnam)
66% 68%
Get me in the mood
43%
for the holidays
55% 57% 58%
53%
Gives me new ideas
42% 42% 40%
about gifts to buy
30%
Are funny in a way that
41%
celebrates the holiday
Source: “Facebook Seasonal Holidays Study” by YouGov (Facebook-commissioned online study of 1,265 people aged 18+).
Vietnam data only. 2 Dec to 24 Dec 2019..
This year, as shoppers rely even more on digital
for their holiday needs, they will look to businesses
that go further to delight and surprise.
52% 35%
of those surveyed globally say of those surveyed globally say
they are spending more time they are spending more time
watching streaming services as on video games as a result of
a result of COVID-19 COVID-19
Source: Coronavirus Research by GWI, among 15, 274 global internet users aged 16 - 64, April 22 - 27
2020. Question: “Which have you been doing at home more as a result of the COVID-19 outbreak?”
INSIGHT 5 TAKEAWAYS
authenticity
and action. • Partner with influencers that align
with your brand values and leverage
Branded Content to spread the word
5 insights to power your
strategy this holiday season
1 2 3 4 5
Gen X and Boomers The economic Self-gifting & Imposed disruption The new perspective
dominate global downturn will expedite seasonal shopping fuels receptiveness on value: affordability,
mobile and the rise of Mega-Sales. can be positive outlets to new products authenticity and action.
ecommerce growth. in difficult times. and services.
Thank you