facebook
Insights
·
June 9, 2021

Brand Loyalty Is No Longer Stable, But An Ongoing Conversation

Shopper Journey Disruption in Hong Kong and Taiwan Part 4: Post-Purchase

This 4-part thought-leadership series focuses on exploring what’s next in shopper journey disruption. This was developed by Kantar in partnership with Facebook. Through this series, we aim to discuss the broader implications of how the evolution of digital media has disrupted the shopper journey from Trigger to Evaluation and Purchase through to Post-purchase, and what brands and retailers must do to shape and win along the shopper journey of the future.


The 4-Part Shopper Journey – Post-Purchase

In this 4-part shopper journey, we address how the proliferation and expanding influence of online touch points has increased the complexity of shopping for everyday people.

The final leg of the shopping journey is the Post-Purchase stage and when done well will encourage future purchases shortened by the Loyalty loop. It is critical to drive and engage in an ongoing conversation around relevance and purpose with Hong Kong and Taiwan online shoppers.




1
Brand loyalty under threat

Brand loyalty as we used to know it as singular devotion to a product or brand, patronized with repeat purchases – is under threat. According to Nielsen Global Consumer Loyalty study, it is found that only 8%of consumers consider themselves committed loyalist to their favorite brands1 . With the variety of choices presented in consumers’ lives today, coupled with rising spending powers relative to product costs, brand switching becomes effortless and less risky. Across the globe, Asia-Pacific consumers are most experimental2 and are willing to switch and try new brands and products3 .

56%

of Global Shoppers find that it is extremely important to experience novelty2

57%

of Hong Kongers like to try new products and services, vs APAC average of 50%4

80%

of Taiwanese will continue trying new brands to find the ones that fit them best5

However, while loyalty is under threat, not all is lost. In a research conducted in collaboration with media company Oath, it is noted that there are six universal drivers of brand love6 , each deeply rooted in unique and functional benefits that brands can offer to consumers.

Six Universal Drivers of Brand Love6


It is crucial for brands to meet each driver to arouse brand love amongst shoppers and to reignite opportunities for re-purchases, right after the first purchase is being made. By getting key drivers right, it will also improve brand-shopper relationship where brand love will blossom from thereon.

2
Overdeliver with Proactiveness

To initiate the bond with consumers, brands need to get the bases right. But it's only through outperforming and outdelivering on those bases that they can drive loyalty, advocacy and brand love.

Anita Caras, International Research Director at media company Oath6

Exceed immediate post-purchase needs

The key driver of brand love is to go beyond the customers’ expectations and to impress them, and the immediate opportunity that arises after each online purchase is product delivery. As with all shoppers, close to half of Hong Kong and Taiwan online shoppers want to remain updated with relevant and proactive updates around issues related to their orders. It is important for businesses to follow-up with customers even after their purchases, to keep them informed and assured that their purchases will be delivered.

48%

of Hong Kong online shoppers expect to receive proactive updates around issues related to their offers7

50%

of Taiwan online shoppers expect to receive proactive updates around issues related to their offers8

Apart from purchase updates, ensure to keep an open channel for shoppers to connect and have a conversation with your brand – be it to share feedback or to pose questions. As discussed in the previous series of our articles (Part 2 Evaluation , Part 3 Purchase ), conversational commerce has gradually become a staple in consumers’ evaluation and purchase stages, in the form of chatbot messaging and livestreaming sessions. Undoubtedly, conversations with customers should continue even after purchases through the same channels. It serves as an opportunity for brands to make things personal with shoppers and to engage them on a deeper level – unwittingly developing brand trust and brand love.


Keep conversations going even in the long run

In the long run, go beyond by proactively sharing information that matters to consumers. An overwhelming majority of Hong Kong and Taiwan shoppers want brands to stay in touch with them and have indicated an interest to receive brand communications from brands. However, instead of the traditional approach where content is created for the general masses, consider publishing personalized content for individuals to increase engagement rates. It is important to consider the type of audience, data and level of personalization needed.

89%

of Hong Kong shoppers are interested in receiving brand communications from retailers or brands7

87%

of Taiwan shoppers are interested in receiving brand communications from retailers or brands8

By proactively offering tailored content and offering with conversational commerce to help solve issues, it reassures shoppers and helps to establish ongoing rapport and relevance.

3
Protect and Use Data Meaningfully

In the pursuit to exceed shoppers’ expectations with personalized content, it also presents a tension between brands and shoppers. To be able to tailor content and outreach requires brands to withhold shoppers’ data. However, the possibilities of data breaches and leakages are troubling Hong Kong and Taiwanese shoppers.

+80%

Increase in data breaches in Hong Kong from 2014 – 20199

72%

of Taiwanese top concern is fear of personal data leakage, among other personal risk10

Shoppers are becoming more cautious when sharing personal information and data. They have high expectations for businesses to protect them from fraud, with 2 in 5 Hong Kongers wanting retailers to do more to protect them from fraud11 . It is important for businesses to keep shoppers’ data safe and to earn the right to use it by making sure the data is effectively leveraged to produce meaningful outcomes for the shoppers.

With the availability of shopper data, it can either give businesses a ‘permission to spam at scale’ or it can allow the right businesses to engage shoppers in an authentic way12 . Ensure to use shoppers’ data in an effective manner – analyze their current purchasing behavior to predict future behaviors or to understand what are the critical push factors that drives purchase. In the world of vast information and limited attention span from shoppers, it is important to engage shoppers with meaningful content that will add value. Avoid sharing content incessantly, or otherwise shoppers will become accustomed to tuning it out and eventually to withdraw permission for businesses to access personal data in the future.

Shoppers increasingly understand the value of their data becoming more cautious of it. By proactively protecting shopper’s data privacy and leveraging it in a meaningfully will allow businesses to build brand trust and eventually to develop brand love.


4
Power in Your Hands

Imagine a world where a brand becomes a shoppers’ friend, who understands each unique individual thoroughly. It will always be there whenever shoppers have a question and to keep up the relationship with meaningful articles that are relevant or even to share prompts whenever shoppers need a replenishment of products. In this future, shopping will no longer be a deliberate activity but rather a meaningful brand-shopper relationship, where shoppers would rely heavily on – just like a friend.

In this final leg of the shopper journey, the power lies with businesses to exceed shopper expectations, to build trust and to develop brand love. It is an opportunity for businesses to set themselves apart from competitors to build long term equity and grow customer lifetime value through an ongoing engagement. Develop a purposeful relationship by effectively using shoppers’ data to analyze their current behaviors and to predict future behaviors, and proactively engaging with them. Ensure to also protect shoppers’ privacy and data, and to use their data in a meaningful manner.

By building the relationship well, shoppers will potentially skip the entire evaluation process and purchase directly from a brand, that is already like a friend that they trust and love.


About Kantar

This report is developed in partnership with the Consulting Division of Kantar, located in Singapore. Kantar is the world’s leading marketing data, insight and consultancy company, a part of WPP and with services employed by over half of the Fortune 500 companies in 100 countries. Our global team of consultants blend people expertise and industry experience to build solutions that help drive incremental growth for our clients.

Related Articles

3 Insights on What the Metaverse Means for Businesses, Now and for the Future
Tips · April 20, 2022

3 Insights on What the Metaverse Means for Businesses, Now and for the Future

We're sharing 3 insights from 2 Meta executives to help businesses and marketers on the road to creating in the metaverse.

3 Trends Shaping Social Commerce in 2022
Insights · March 10, 2022

3 Trends Shaping Social Commerce in 2022

As brands and consumers become more familiar with social commerce, we’ve identified 3 trends that will shape the space in 2022.

Youth Entrepreneurship Amid Global Crisis: Research From Meta and Economist Impact
Insights · February 9, 2022

Youth Entrepreneurship Amid Global Crisis: Research From Meta and Economist Impact

To better understand the role of the pandemic on the entrepreneurial and employment opportunities, Meta partnered with Economist Impact to survey GenZers and millennials.

Get Facebook Business news in your inbox.

Sign up for our monthly newsletter for the latest updates, insights, marketing trends and articles from Facebook.