Around 7 in 10 SEA consumers wait for online sale seasons
The “deal-hunting” behaviour can be seen more in Singapore, Malaysia and Indonesia.
The online shopping behaviour of Southeast Asian consumers has not been spared by inflation, with 70% of the customers in the region more likely to wait during peak online sales seasons.
In a report, Blackbox Research and ADNA said the “deal-hunting” behaviour is observed more in Singapore (85%), Malaysia (81%), and Indonesia (71%).
About 64% of consumers in Thailand are also likely to wait for online sale seasons, and 59% of the customers from the Philippines and Vietnam are doing the same.
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Online sales seasons include Amazon Prime Day, Singles Day Sale and Black Friday Sale.
“Perhaps, this is the reason the overall proportion of online/digital purchase decreased by 9% this year compared to 2021. The exception to this trend are Singaporeans who reported that their overall proportion of online/digital purchase in 2022 has increased by 16% compared to 2021,” the report read.