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Asia-Pacific

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Article

Consumer Microsegmenting for Success: South Korea Duty-Free's Post-Pandemic Loyalty Overhaul

Prudence Lai

Prudence Lai

18 Sep 24

Post-pandemic travellers have shifted their shopping behaviours and preferences, prompting duty-free retailers to rethink their consumer engagement strategies to foster recovery and growth. In response, South Korean duty-free operators have introduced new loyalty programmes tailored to specific consumer microsegments, offering more personalised benefits. To thrive, brands are moving away from a one-size-fits-all model in the design and management of their loyalty schemes.

Article

Traveller Segmentation: The Expanding Role of Cultural Explorers in Shaping Global Tourism

Christy Tawii

Christy Tawii

13 Sep 24

The global travel industry is expected to experience unprecedented growth in 2024, with 1.5 billion international trips forecast to generate a record-breaking USD1.9 trillion in tourism spending. Yet travel dynamics have changed profoundly due to global events such as the pandemic, wellness and sustainability and rapid technological advances.

Article

Hacking Growth through E-Commerce in East Asia

Han Hu

Han Hu

5 Sep 24

With China, Japan and South Korea accounting for 40% of the value of the global e-commerce market, it is imperative that regional and global players learn to navigate these markets to drive growth in the region. There is no universal approach, but learnings from East Asia’s advanced and competitive e-commerce markets provide strong inputs to formulate winning strategies, in East Asia or beyond.

Article

Commodity Market Outlook Q3 2024: Muted Demand and Improved Supply Outlook Ease Price Pressures

Aleksandra  Svidler

Aleksandra Svidler

29 Aug 24

An improving supply outlook and muted demand have eased pressures in the commodity markets. In 2024, weaker manufacturing activity in key markets is set to limit price growth for energy and metals, while robust crop forecasts should curb agrifood price increases.

Event

Asian Business Banking, Finance and Insurance Summit 2024

David Zhang

David Zhang

Andaz Singapore 5 Fraser St, Singapore 189354 3 Sep 24 | SGT: 02:00 PM

The Asian Banking & Finance and Insurance Asia Summit returns in 2024, welcoming a new era of banking and insurance excellence. The theme "Financial Horizons: Shaping the Future of Banking and Insurance" positions this event as the cornerstone of shaping the future of financial services across Asia.

Article

Wellness at Home: A Way to Differentiate and Win in Emerging Markets

Nick Stene

Nick Stene

22 Aug 24

Products and brands heavily into wellness and biophilic design tend to grow faster than their sectors, with this trend booming in part due to how insane so much of our life away from home has become. Wellness drives investments in our homes against the backdrop of a negative growth industry, offering brands a premium position, and it is strongest as a trend in the parts of the world like South East Asia and Latin America where brands most want to win, but have also been struggling to expand.

Article

Three Value Strategies to Drive Growth of Snacking in Asia

Emil Fazira

Emil Fazira

13 Aug 24

Spending on food in Asia is set to go up despite how easy it is for consumers to trade down to more affordable food options. Brands (both manufacturers and restaurateurs) must show how good quality, unique experiences and, most importantly, joy and satisfaction can come at a reasonable price.

Event

Bangkok Informa EMI Breakfast Meeting

Nathanael Lim

Nathanael Lim

MR208AB, 2nd floor, Queen Sirikit National Convention Center (QSNCC) 60 Ratchadaphisek Rd, Khlong Toei, Bangkok 10110 22 Aug 24 | ICT: 10:00 AM

The objective of Business Breakfast events is to provide professionals with the opportunity to continue to build their network and learn without having to sacrifice hours out of their busy schedules.

Article

Redefining Third-Party Delivery Service

Christele Chokossa

Christele Chokossa

15 Jul 24

After meteoric growth during the pandemic, the third-party delivery market continued to normalise in 2023, leading to the emergence of new business models. This article explores the evolving industry landscape by reviewing leading players' responses to the inflationary crisis, consumers' revived routines, government scrutiny, and intensified competition.

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