Subscribe free to our newsletters via your
. Space Industry and Business News .




TRADE WARS
Service now trumps price for Asian consumers: survey
by Staff Writers
Hong Kong (AFP) Aug 27, 2013


Consumers in Asia are fed up with poor service standards and are willing to pay more for a good customer experience, according to a survey which punctures the received wisdom that "price is king" in the region.

Decades of economic growth in the Asia-Pacific region have heightened people's taste for services, but a majority of companies are failing to deliver, according to the survey conducted for analytics firm Verint.

With few exceptions, Asian companies are portrayed as having rude staff and inflexible procedures, and are unresponsive to service requests -- all of which are "frustrating clients".

"It's no longer the question of having access to goods and services, now they have choice and disposable income... so service becomes the new differentiator," Wilson Chin, Verint's marketing vice president for Asia Pacific told AFP.

"Asian consumers feel customer representatives do not try to help beyond their normal support guidelines and procedures. Personalised support and finding creative solutions are still very much the exception," he said.

The survey, conducted by market research firm Ipsos, polled more than 5,800 people from Australia, China, Hong Kong, India, Indonesia and Japan. Financial services, utilities, hotel and travel, retail and telecom sectors were scrutinised.

The survey found that only 24 percent of respondents valued prices over services, while 45 percent were willing to pay a premium for a higher-quality experience.

Chin said the results shattered the notion -- particularly prevalent in developing economies -- that consumers value price above all.

More than 50 percent of respondents in all the industries covered in the survey said they had been frustrated by poor consumer standards such as rude staff, slow service and red tape.

"With more economic stability and growth, consumers are moving from a subsistence focus, to ones of reward and enjoyment. Having worked so hard for so long, Asian consumers also want to enjoy themselves -- so they want to be treated well," Chin said.

The exception to the general rule was Japan, where there are high expectations of service quality and only 11 percent of respondents experienced problems with utilities -- which are of a high standard in the country.

Consumers are also increasingly willing to share their experiences with wider audiences on social media, with 53 percent saying they post their customer service stories online.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
British home secretary introduces bill to fight 'modern slavery'
London (UPI) Aug 27, 2013
The sexual exploitation and forced labor of adult and child "slaves" in Britain will be tackled in a new bill, Home Secretary Theresa May says. May, writing in The Sunday Times, said she will introduce a "modern slavery" bill to help eradicate an "evil in our midst" six months after a major study concluded that political indifference and ignorance among police and social workers was hel ... read more


TRADE WARS
Lab-made complexes are "sun sponges"

Physicists pinpoint key property of material that both conducts and insulates

Using x-ray vision to detect unseen gold

U.S. firm releases $1,400 scanner to create 3-D printing files

TRADE WARS
New Military Communications Satellite Built By Lockheed Martin Launches

US Navy Poised to Launch Lockheed Martin-Built Secure Communications Satellite for Mobile Users

Northrop Grumman Moves New B-2 Satellite Communications Concept to the High Ground

Canada links up on secure U.S. military telecoms network

TRADE WARS
NASA Explores New Uses for Historic Launch Structures

Telemetry data confirms launch of South Korean satellite

ISRO pins hopes on GSLV-D5

Lockheed Martin Selects CubeSat Integrators for Athena to Enhance Launch Systems Integration

TRADE WARS
Satellite tracking of zebra migrations in Africa is conservation aid

'Spoofing' attack test takes over ship's GPS navigation at sea

Orbcomm Globaltrak Completes Shipment Of Fuel Monitoring Solution In Afghanistan

Lockheed Martin GPS III Satellite Prototype To Help Cape Canaveral Air Force Station Prep For Launch

TRADE WARS
China's Xiamen Airlines to buy 6 Boeing 787s

Boeing, Northrop fly advanced F-18 prototype

BRRISON: A Planetary Science Balloon Mission

Russia showcasing new Sukhoi fighters at Moscow air show

TRADE WARS
How brain microcircuits integrate information from different senses

Scientists Find Asymmetry in Topological Insulators

Speed limit set for ultrafast electrical switch

NRL Researchers Discover Novel Material for Cooling of Electronic Devices

TRADE WARS
Map carved onto surface of ostrich egg may be oldest showing New World

Thai villagers mistake Google worker for government snoop

Norway says no to Apple request to photograph Oslo for 3-D maps

Africa's ups and downs

TRADE WARS
Haze returns to Indonesia as fires rage

Home cooking, traffic are sources of key air pollutants from China

New risk model sheds light on arsenic risk in China's groundwater

New predictive method pinpoints arsenic hotspots




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement