China leads with the highest anticipated online spend in the region (55%), Adobe said, with nearly half of the country’s consumers surveyed (49%) predicting an increase in their online spend for the period. The average Chinese Internet user is predicted to spend a total of US$210 online during November and December, driving one-fifth of total online sales for the year.
Japan is expected to see the second highest online spend in the region with US$37 billion in online sales (a 5% growth year-on-year) predicted, followed by Australia at US$7 billion. Fourteen percent of Australians and 16% of Singaporeans anticipate they will increase their total spend this holiday season.
Across the rest of APAC, consumer spend is expected to remain steady year-on-year.
Adobe’s global Online Shopping Prediction is based on an analysis of 55 million product SKUs and aggregated and anonymous data of more than one trillion retail websites over the last seven years. The holiday season represents 20% of worldwide online spending – with Austria and the US at the top of the list.
Consumers in APAC are not only shopping online more, they are also becoming increasingly efficient, with 20% or more in each country surveyed saying they expect to spend less time holiday shopping this year compared to last – a saving that could give them more time to spend with their families and friends.
“Holiday shopping is a huge investment and consumers get more sophisticated every year with their online and mobile shopping in order to secure the most popular gifts at the best prices,” said Tamara Gaffney, principal research analyst, Adobe Digital Index.
Consumers in APAC are not only shopping online more, they are also becoming increasingly efficient, with 20% or more in each country surveyed saying they expect to spend less time holiday shopping this year compared to last – a saving that could give them more time to spend with their families and friends.
“Holiday shopping is a huge investment and consumers get more sophisticated every year with their online and mobile shopping in order to secure the most popular gifts at the best prices,” said Tamara Gaffney, principal research analyst, Adobe Digital Index.
Gaffney said mobile is playing a significant role in holiday shopping behaviour. “Over the next two months we expect Southeast Asia to lead the charge in mobile shopping with 21% of e-commerce purchases to be transacted via smartphones and around 10% via tablets. Japanese shoppers won’t be too far behind, with 24% of e-commerce purchases predicted to be made via smartphones and 6% via tablets.”
Consumers are also finding online shopping less stressful than heading to the stores. In Australia, almost one-in-five (19%) consumers rated offline shopping as extremely stressful, compared to only 6% who said the same about online shopping. China is the only country in the region where online and offline shopping are seen as equally stressful.
Additional findings include:
· Across APAC, lower prices and good deals are important motivators for consumers to shop online, with free shipping a particularly strong driver for shoppers in Australia and Singapore.
· While online shopping during the holiday season is increasingly attractive, when it comes to logging on, most APAC consumers find shopping via mobile phone more stressful than shopping on their desktop, laptop or tablet device.
· Product reviews are among the top two influencers for shoppers when considering a major purchase, according to 36% of consumers in Australia, 43% in China and 44% in Singapore.
· Consumers in Singapore and China are more likely to leverage social media when they shop, with 41% of Singaporean and 49% of Chinese shoppers saying they consult social media to help make holiday shopping decisions. Interestingly, Australian respondents are far less likely to use social media as a tool for shopping (23%).
Read the WorkSmart Asia blog posts about the 2015 festive season, including:
Singapore Gift Guide 2015, the pleasure edition
Singapore Gift Guide 2015, the tech edition
How Facebook sees mobile redefining the season
Hong Kong's Winter Wonderland experience
The City of Sydney's Christmas programme
Sofitel So Singapore's French fusion Christmas menu
The launch of Casa Ferrero, Ferrero Rocher's popup store
House of Sillage launches the Holiday by House of Sillage fragrance
Consumers are also finding online shopping less stressful than heading to the stores. In Australia, almost one-in-five (19%) consumers rated offline shopping as extremely stressful, compared to only 6% who said the same about online shopping. China is the only country in the region where online and offline shopping are seen as equally stressful.
Additional findings include:
· Across APAC, lower prices and good deals are important motivators for consumers to shop online, with free shipping a particularly strong driver for shoppers in Australia and Singapore.
· While online shopping during the holiday season is increasingly attractive, when it comes to logging on, most APAC consumers find shopping via mobile phone more stressful than shopping on their desktop, laptop or tablet device.
· Product reviews are among the top two influencers for shoppers when considering a major purchase, according to 36% of consumers in Australia, 43% in China and 44% in Singapore.
· Consumers in Singapore and China are more likely to leverage social media when they shop, with 41% of Singaporean and 49% of Chinese shoppers saying they consult social media to help make holiday shopping decisions. Interestingly, Australian respondents are far less likely to use social media as a tool for shopping (23%).
Read the WorkSmart Asia blog posts about the 2015 festive season, including:
Singapore Gift Guide 2015, the pleasure edition
Singapore Gift Guide 2015, the tech edition
How Facebook sees mobile redefining the season
Hong Kong's Winter Wonderland experience
The City of Sydney's Christmas programme
Sofitel So Singapore's French fusion Christmas menu
The launch of Casa Ferrero, Ferrero Rocher's popup store
House of Sillage launches the Holiday by House of Sillage fragrance
