Tuesday, June 09, 2009

Shopping Styles of Filipino Consumer

Just in case you've missed last Monday's gem in Philippine Star.

The study was made by Taylor Nelson Sofres (TNS) Worldpanel Philippines. Gives us a peak on formal market research FOR FREE!!!

Read it HERE.

My take:
  • The Filipino consumer is young. We’re a baby making country. The trend of getting old as a population will be later on, especially compared to other industrialized countries like Japan and Singapore.
  • Marrying at a later age means more Cycles sales due to better accessibility to disposable income.
  • Don’t believe everything written, don’t generalize – the internet was not mentioned. This is because penetration is less for the rural areas, HOWEVER, for the customers we are talking to internet penetration is very high.
  • If you’re good at sachet marketing, then stick to the Philippines. Other countries are less developed in this format.
  • The Filipino shopper segment called “Meticulous Mommas” as labelled by TNS is our customer for Cycles.

0 comments: