|
Synovate India director Amit Adarkar said, "The survey provides
meaningful insights into the behaviour and psyche of the up and
coming young Indian. Today's young Indian is sensible, sassy and
sets priorities at an early age."
"The young Indians are Internet buffs; rely on Internet not
only for product/ service information, but also for news and current
affairs. To top it all, the young Indian wants to use the Internet
even more in the times to come," he added.
Across the region, the young Indian also has the biggest say in
family expenditure. "Consumption clout is seen in categories
as diverse as cars, computers, family vacations, packaged goods
and entertainment. Across all these categories, the young Indian
plays a deciding role in 50-75 per cent of purchases," he said.
The study revealed that the young Indian is extremely optimistic
and bullish about the future, and is eagerly waiting to take his/
her own place under the sun. At the same time, the young Indian
is pragmatic and strongly believes that changes in the social fabric
and governance are critical towards changing the prevalent world
order.
"India's marketers need to take cognisance of this emerging
group of consumers that effectively balances their traditional roots
with a modern day outlook," he said.
Some findings regarding brands:
Young Asians were asked to name their favourite brands - figures
here show the favourite brands across the region as well as those
favoured by India's youth.
Favourite Brands: Fast Food
| Brand |
India
|
Regional
|
| McDonald's |
20%
|
36%
|
| Pizza
Hut |
11%
|
5%
|
| KFC |
2%
|
17%
|
Favourite Brands: Soft Drinks
| Brand |
India
|
Regional
|
| Pepsi |
30%
|
21%
|
| Coca
Cola |
26%
|
39%
|
| Thums
Up |
8%
|
-
|
| Sprite |
-
|
6%
|
Favourite Brands: Snacks
| Brand |
India
|
Regional
|
| Lay's |
30%
|
21%
|
| Pringles |
1%
|
4%
|
| Calbee |
-
|
4%
|
Favourite Brands: Mobile Phone
| Brand |
India
|
Regional
|
| Nokia |
71%
|
59%
|
| Sony
Ericsson |
5%
|
8%
|
| LG |
3%
|
-
|
| Samsung |
-
|
6%
|
Favourite Brands: Sports Shoes
| Brand |
India
|
Regional
|
| Nike |
30%
|
39%
|
| Reebok |
19%
|
6%
|
| Adidas |
18%
|
18%
|
Favourite Brands: Sportswear
| Brand |
India
|
Regional
|
| Nike |
28%
|
33%
|
| Adidas |
17%
|
21%
|
| Reebok |
8%
|
5%
|
A range of questions were also asked to discern Internet usage
among Young Asians. This was what was found:
- Young Asians are the true digital generation and use the Internet
for everything.
- 71 per cent search for information most times they use the Internet.
- 59 per cent access email every time they use the Internet.
- 50 per cent access interactive communication every time they
use the Internet, 31 per cent download entertainment and 34 per
cent access interactive entertainment.
- However only 6 per cent of India youth engage in online transactions
most of the time they access the Internet, compared to 9 per cent
regionally.
- Virtual wooing lacks wow - only 2 per cent use the Internet
for online dating in India.
- More than one third indicated that they will be spending more
time on the Internet in the next twelve months compared to the
previous year.
- The main Internet growth markets will be Thailand, Indonesia,
Philippines and India.
The survey asked respondents who did not work full time, to provide
their average monthly pocket money and their average monthly personal
spending across a number of categories. It was found that the average
pocket money per month across all countries is $86.32. Taiwan's
youth receive the most pocket money with $121.94 while India's youth
receive the least pocket money with $23.30.
The main items of personal expenditure per month include clothing
($31.27), skincare and cosmetics ($26.89). Shoes and accessories
($26.55), entertainment ($26.21) and electronics ($22.79) also rated
highly in terms of monthly expenditure.
India's spend on snacks and confectionery ($23.13) and soft drinks
($23.29) far exceeds the regional average for these categories ($11.53
and $10.61 respectively).
Young Asians were also asked about their influence on the purchase
decisions for a wide range of family purchases from toothpaste to
television. The study revealed that consumption clout is alive and
strong across the region:
- 60 per cent regionally help decide the channel watched for shared
viewing.
- 82 per cent of youth influence the decisions on soft drinks
and snacks.
- 77 per cent influence the decision of family visits to fast
food outlets.
- 71 per cent influence the decision of family visits to shopping
malls.
- Young Indians wield the most power over family expenditure in
the region, with more than half having a major say in all categories
of products purchased including family vacations (52 per cent),
home furniture (52 per cent), the family car (52 per cent) and
Groceries (soft drinks/ snacks (76 per cent); health food/ cereals/
dairy (52 per cent) Toiletries (53 per cent). Computers (57 per
cent) and Selecting TV channel for shared TV (67 per cent).
About personal product ownership:
- 62 per cent own a mobile phone - 24 per cent of these have Internet
access.
- 45 per cent own a desktop computer. Hong Kong (72 per cent)
and Taiwan (63 per cent) have the highest desktop ownership while
the Philippines (26 per cent) and India (26 per cent) lag behind.
- 23 per cent own an MP3 player. Hong Kong (55 per cent) and Singapore
(30 per cent) have the highest MP3 ownership.
- 20 per cent own a TV game console.
- 19 per cent own a VCD player and 15 per cent own a DVD player.
- 17 per cent own a digital still camera.
- 5 per cent of Young Asians own a car for personal use.
|