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MUMBAI: WPP Media worldwide head of consumer insights Sheila Byfield
emphasized that different consumers in different countries are governed
by similar value systems!
On 24 February 2003, Byfield made a presentation on "reaching
the consumers who count" at an event organized by the Advertising
Club Bombay and sponsored by The Hindustan Times and ETV Network.
Byfield presented some findings from WPP Media's latest tool named
3D to a discerning audience comprising of media and marketing professionals.
3D is an integrated single source data that gets into the consumers'
psychographics, demographics and the psychological profile.
It was derived as a result of a global research effort covering
a sample size of 80,000 people globally.
Here we present some excerpts from Byfield's presentation:
Global Trends
People in different countries are moving at varying speeds towards
their goals and aspirations. As far as demographic trends are concerned,
the Asian population is getting younger whereas European population
is getting relatively older. Global branding is an increasing trend.
People in different parts of the globe have similar value systems.
People respond positively to self-esteem, health/fitness, honesty,
protecting families, stability, controlling their own destinies.
However, there is a desire to indulge in self-fulfillment and it
is socially acceptable to think about oneself or be self-centred.
Women are increasingly in control of the destinies of people around
them. There has been a growth in religious sentiments and beliefs.
People are getting busier and have greater number of choices. They
are also getting more cynical, critical, demanding and more knowledgeable.
People in several countries expect to be exposed to global brands
in the next five years. India is placed somewhere in between whereas
the US population has a strong resistance to non-US brands. Marketers
of global brands have started using similarities and brand synergies;
incorporating localization and fine tuning to get a better response
from the consumers in different countries.
Population demographic trends
If the entire world is a global village with 1000 people; then
the population will increase to 1018 in the next year.
Countries share: 554 Asians; 124 Africans; 95 East-West Europeans;
52 US Americans, 55 former USSR Russians. In 1950, China and India
were the most populous countries but in 2050 India will overtake
China. By 2050, European countries will be replaced in the Top 20
most populous country list.
Currently, however, the US (with seven per cent of the world's
population) accounts for 34 per cent of the world's GDP share; Western
Europe accounts for 26 per cent; and Japan accounts for 16 per cent.
In the US, freedom and knowledge are more important to people. In
Japan, they desire personal enjoyment and development. However,
they accept the fact that there could be lesser societal support
for individuals. In India and China there is an ensuing clash between
the younger and older generations. Religion is playing an important
role in the minds of the people.
Languages spoken: 165 speak Mandarin; 86 speak English; 83 Hindi/Urdu;
64 speak Spanish; 58 speak Russian
Religion: 329 Christians; 132 Hindus; 187 Muslims
Children: 315 children with 28 babies added every year. Two babies
die every year.
Prosperity: Three babies are born to the top 200 richest families.
Around 200 people receive 75 per cent of the total income.
Basically, people are living longer but birth rates are declining.
People are settling down at an older age and divorces are increasing.
Technology: Cellular phones usage is increasing; PC sales are slowing
down but Internet usage is still growing rapidly. Local culture
and infrastructure play an important role in determining new emerging
technologies. Surprisingly, the US is not ahead in the adoption
of trends. Korea is the top PC market (with 80 per cent penetration);
Singapore is the top Internet usage market (75 per cent penetration)
and Hong Kong tops the cellular market (with 97 per cent penetration).
Change in the
media game - Distinct shift from OTS to OTC, says WPP media research
(including changes in the current media scene; changing
relationships of TV viewers with TV commercials; brands;
future of media and research).
Global youth
watch less TV, says WPP media research (includes preference for
TV, radio, cinema, mobile phones, Internet, print)
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