BANGKOK : Thailand is the country where more than 80% of population aged 25-34 own smartphones, a survey by IPG Mediabrands revealed.
The leading global media holding company’s finding was
from its online survey from May-July with a sample size of 10,000
across 19 countries, of whom 500 respondents were in Thailand.
The survey focused on people with ages of 25-34 which it
called “millennials” (ages 18-34) because of the importance of their
spending behaviour. This group is said to have high-potential
purchasing power next year.
These potential buyers were born and raised under a series
of financial crises along with the technological revolution in the past
decades, so the long recession had a profound impact on them.
Of the Thai participants, 50 per cent said they had their income reduced, while the global figure was 36 per cent.
About 79 per cent of the Thais confessed that they were
worried about their personal financial situation, while the global
average was lower at 72 per cent. About 29 per cent of Thai participants
feared losing their jobs.
Although millennials appear to be more cautious about
spending, they are smart consumers, as they appreciate spending money
for products and brands that help improve their image and reflect their
high social status.
This kind of consumer is able to switch brands and adapt to
new products and technology. Brands should treat them with respect and
as equals.
Products and services should give them truth and
authenticity.
Millennials are always connected with online communications to connect and share their stories.
According to the survey, 81 per cent of Thais own smartphones, which was higher than the global average of 45 per cent.
Technology has empowered millennials in their relationships.
Of Thai participants, 95 per cent said they used social media every day.
Today 33 million Thais spent 90 minutes per day on various
platform of social media (300% growth), breaking down to 28 million
on Facebook (35% growth), 1,600 million views of Top Channel on YouTube
( 270% growth).
Thai viewers of You Tube ranked second in Asia Pacific while Thai users of Instagram grew 240% to 1.5 users.
It said 64% of Thais use smartphone in social media communications.
Of the total 67 million Thai population, 27 million are
Internet users, 28 million use social medias, 34.6 million use smart
phones, and 4.7 million use tablets.
IPG Mediabrands is the global media holding company of
Interpublic, and a full-service media network based upon a
“Pay-for-Performance” model.
The company manages and invests $36 billion in global media
on the behalf of its clients, employs over 8,500 diverse marketing
communication specialists worldwide and operates businesses in more than
127 countries.
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