Modern Australian
The Times Real Estate

.

Shopee Consumer Trends report reveals key digital habits among Singapore shoppers

80% of Singaporean users attest to the usefulness and convenience that e-commerce platforms like Shopee offer as a one-stop shopping platform

SINGAPORE - Media OutReach - 24 March 2023 - Shopee Singapore officially unveils its report, 'Past the Starting Line: Adapting to Singapore's Digital Consumers in 2023'.

To better understand e-commerce usage and attitudes of consumers, Shopee Singapore conducted an online survey in Singapore on 5 December 2022 among 1,361 Shopee users aged 15 to 70 years old. These data-driven insights will allow businesses to more strategically leverage e-commerce and digital services to stay relevant and achieve their goals in this changing digital landscape.

Caption

Zhou Junjie, Chief Commercial Officer, Shopee said, "As digital consumers continue to shape the future of the digital economy, it is important to be able to identify their evolving needs and preferences while adapting quickly to meet them. This year, we are sharing key trends that we have observed among Singaporean users, which indicate increasing and savvier use of digital services, the rise of more purposeful buyers alongside the growing adoption of e-commerce and online entertainment among older users. This builds on our commitment of helping our partners better engage digital consumers and unlock more opportunities in the long term. We will also continue to adopt a user-centric approach using these insights to create a positive experience for all Shopee users."

1. Increased and savvier use of digital services

The pandemic has left a lasting impact on online shopping behaviors and the use of digital services. With the availability of a greater variety of items on e-commerce platforms, 87% of respondents shared that e-commerce shopping offers convenience and has made a significant positive impact on their lives. Users are also making more orders and buying more products online, with more than 70% of respondents receiving up to five packages from e-commerce platforms per month.

E-commerce platforms are expected to remain popular among consumers in Singapore. When asked about their general sentiment about shopping on e-commerce platforms, 2 in 3 surveyed users shared that Shopee is now a part of their daily routine. Furthermore, Shopee has also become crucial in users' entire end-to-end shopping journey, with over 75% of users in Singapore choosing to search, compare and eventually buy a product on Shopee. With consumers turning to Shopee to address their shopping needs, it remains an important platform for brands and sellers to reach and deepen their connection with these digital-first shoppers.

2. The rise of more purposeful buyers

Trust is more important than ever, with consumers in Singapore becoming more discerning of quality. They scrutinise the authenticity of what they buy and the sellers they buy from. They are also actively reading and leaving reviews, to ensure they and others alike can make informed purchasing decisions. In fact, 3 in 4 respondents find customer reviews on Shopee reliable and believe that they help with their purchasing decisions. Besides encouraging more users to leave product and shop ratings, Shopee is also committed to continually improve the shopping experience on the platform, enabling users to shop confidently.

Digital consumers are also turning to Shopee's diverse Key Opinion Leaders and affiliates for their recommendations on which brands and sellers to buy from. Additionally, over 60% of respondents aged 35 and above shared that product features on Shopee Live are key to influencing their purchase decisions on Shopee. The real-time reviews and recommendations from hosts on Shopee Live and affiliates allow users to get a better understanding of the products, and ultimately influence their purchasing decisions. With Shopee's existing Affiliate Marketing Solution (AMS) as well as strong network of talent and expertise in content creation on Shopee Live, brands and sellers can strengthen their brands' reputation, and in turn, increase their sales. This is also another creative way for sellers to communicate their brand story, build awareness of their store promotions, and grow their brand presence.

3. Growing adoption of e-commerce and online entertainment among older users

With the silver generation becoming more tech-savvy in recent years, more older users are coming online to not only shop but to also be entertained. 70% of all silver generation respondents (aged 55 and above) said they have integrated e-commerce into their daily routine, while 84% said they are buying a larger variety of items online, compared to 80% for Gen Z and Gen X.

There is also increasing interest among older users in engaging with Shopee's in-app games and livestream content. 1 in 2 seniors say that the Shopee app and games have kept them engaged during their free time. For businesses, this presents more opportunity to access this growing user segment, if they are able to tap on the right mix of content at the right time to reach these users.

Hashtag: #Shopee

The issuer is solely responsible for the content of this announcement.

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region's digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.

Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea's mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and SeaMoney.

Beer Label Design for New Breweries: Where to Start in 2025

Imagine a customer picking up your beer based purely on its striking label. In a crowded market full of craft brews and new brands, first impression...

Functional and Fashionable: The Rise of Ladies Workwear in Australia

A perfect change in the Australian workforce has been happening in recent days. Women are contributing a lot in the male-dominated workplaces. They ...

Concrete Trailer Pump for Sale: Your Ultimate Solution for Efficient Concrete Placement

In construction projects where efficiency, precision, and flexibility are paramount, concrete trailer pumps for sale stand out as an essential piece...

Exploring Different Types of Solar Panels: Monocrystalline, Polycrystalline, and Thin-Film

The demand for solar energy continues to grow as more Australians embrace sustainable energy solutions. A crucial step in transitioning to solar pow...

Common Mistakes in Food and Wine Pairing (And How to Avoid Them)

Pairing food and wine is often considered an art, but it doesn’t have to be intimidating. The right pairing can elevate a dining experience, while...

Wine Tasting 101: A Beginner’s Guide to Smelling, Swirling, and Sipping

Wine tasting is an art form that can seem daunting to beginners, but with a little knowledge and a lot of enthusiasm, anyone can master the basics. ...

How to Fix a Clogged Shower Drain: Tips for Homeowners

A clogged shower drain is a common household issue that can be both frustrating and inconvenient. Over time, hair, soap scum, and other debris can a...

Top Trends in Electric Recliner Sofas for 2024

Electric recliner sofas have taken center level in the world of furniture layout, combining consolation, comfort, and superior generation. As we pas...

Setting Up the Perfect Home Studio for Drummers

Creating the perfect home studio for drumming is a fulfilling project that goes beyond just having a space to practice. A well-designed studio can a...

Essential Guide to Surveying Services for Land and Construction

Surveying is indispensable in all land development, real estate transactions, and construction. The core of surveys, including metric geodetic and pre...

A Step in the Right Direction: Choosing the Best Nursing Shoes and Socks for Australian Healthcare Workers

Australian healthcare professionals need to work long hours for the people. They have to be on their feet in demanding situations. So, it will be ne...

Understanding Modern Art Movements – Surrealism, Cubism, and Beyond

Modern art movements have always challenged conventions, pushing the boundaries of creativity and expression. From the fragmented perspectives of Cu...

10 Classic Dumpling Recipes to Try at Home

Dumplings are a universal delight, found in cuisines across the globe. From delicate folds to rich fillings, these versatile creations bring people ...

10 Essential Strategies for Effective Branded Advertising Campaigns

In the fast-paced world of marketing, creating an impactful branded advertising campaign is key to standing out and forging meaningful connections w...

The Evolution of Real Estate Software – From Basic Tools to Advanced AI

The real estate industry has undergone a seismic shift over the past few decades, with technological advancements playing a pivotal role in transfor...

What is RPL in Australia?

RPL is Recognised Prior Learning and refers to skills you already have that can be credited for further study or learning. For example, previous c...

Why 1/4 Zip Jumper Is Trending

The 1/4 zip jumper becomes the new status symbol. Yes, people like them. So, they are in demand nowadays. These jumpers are simple garments with a z...

The Complete Guide to Downsizing Your Home

Making the decision to downsize your home is a significant life change that can feel overwhelming at first. Whether you're empty nesters looking to si...