‘e- shopaholics’ account for 45% of online purchases: study

Jul 20th at 08:47
20-07-2023 08:47:01+07:00

‘e- shopaholics’ account for 45% of online purchases: study

Shopaholics make up 15 per cent of the Southeast Asian e-shopper population, and account for 45 per cent of e-commerce purchases, a study has found.

An online shopper receives a parcel from a shipper. In Việt Nam, 10 per cent of online shoppers are e-shopaholics and account for 42 per cent of online purchases. — Photo courtesy of agency

Logistics company Ninja Van Vietnam partnered with Geopost to release its latest report titled “What’s next for the future of e-commerce in Southeast Asia?”

It was conducted across six countries – Singapore, Malaysia, Philippines, Indonesia, Thailand, and Việt Nam – with over 9,000 respondents to shed light on avid e-shoppers.

Most “e-shopaholics” are found to be early adopters of online shopping, experts at navigating the e-commerce eco-system and highly proficient in navigating omni-channels to buy what they want.

Online shopping is second nature to them – they buy often and across multiple product categories – and they do so twice as much as the average e-shopper.

They spend an extensive amount of time on product research and consumer reviews across multiple platforms before making purchasing decisions.

Phan Xuân Dũng, sales manager at Ninja Van Việt Nam, said: “Well-versed in the intricacies of online shopping, e-shopaholics have much higher standards than your average e-shoppers – from the initial browsing to receiving the parcel after the clicks and taps – and each stage is essential to ensuring [their] loyalty.

“Through our white paper on e-shopaholics, we hope to shed light on this group … to prepare SEA e-commerce sellers as we enter the next stage of e-commerce.”

Of those surveyed in Việt Nam, 10 per cent are considered shopaholics who account for 42 per cent of total e-commerce sales.

With some 100 cross-border e-commerce platforms, Việt Nam has been ranked among the top five countries in terms of industry growth by eMarketer with 20 per cent annual expansion.

The report also explores the shopping behaviour of e-shopaholics and recommends solutions to help e-commerce sellers engage them at key stages of their shopping journey.

Ninja Van Group said it undertook the study to understand the ever-changing e-commerce landscape. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam among Asia-Pacific's fastest-growing economies: ADB

The country's economic growth is expected to lag behind only India and the Philippines in the Asia-Pacific region this year.

Hanoi Mayor urges greater responsibilities in public investment

Disbursement progress in the year's first half was below expectations at 33.9% of the target.

Nghệ An lures $725.4 million worth of foreign investment in H1

The central province of Nghệ An attracted US$725.4 million worth of foreign investment in the first half of this year, ranking eighth among the 63 provinces in the...

Smoother regulations on the agenda

With a low economic growth rate for the first half of the year, Vietnam is further truncating and eliminating business regulations which will benefit enterprises...

VN e-commerce entering new stage of development: sustainability

E-commerce is one of the engines of the digital economy, and its development is becoming an imperative, experts said.

61% of companies experience difficulty in hiring human capital

Sixty one per cent of companies in Việt Nam have had difficulty hiring human resources this year, according to a mid-year talent trend report by Talentnet...

CTPPP membership will improve Vietnam-UK trade: Ambassador

CPTPP members share a joint commitment to a rules-based trading system beyond trade in goods and services.

Prime Minister presides over national COP26 Steering Committee on green growth

Prime Minister Phạm Minh Chính presided over a meeting of the national COP26 Steering Committee on Friday afternoon, emphasising that green growth, energy...

MPI tops 2022 digital transformation index

The Ministry of Planning and Investment (MPI) topped the Digital Transformation Index (DTI) rankings for 2022, scoring 0.8219 point and up 0.2093 point compared to...

Việt Nam’s digital economy to continue booming

Việt Nam’s digital economy is projected to grow fastest in Southeast Asia, reaching US$50 billion by 2025, a report said.


MOST READ


Back To Top