, Singapore

What do Singaporeans look for in a brand?

Not taking advantage of a crisis was regarded as the top attribute.

The state of consumer trust in Singapore has entered into a new normal amidst the COVID-19 pandemic, according to a survey by Qualtrics.

Findings from the study show that consumers are most likely to trust brands that are not taking advantage of a crisis (42%), followed by those that are maintaining a reasonable pricing range (40%), and those that are taking care of employees (37%).

Meanwhile, messages of hope and optimism (14%) or even statements about providing new products and solutions (10%) were regarded as less impactful drivers.

Singaporeans are said to be more interested in the operational impact of COVID-19 compared to sales and promotional marketing, as most locals prefer to hear how the business is responding to the crisis (68%). This is followed by the impact on distribution (49%) and information on products and services (48%).

Findings also revealed that Singaporeans want brands to communicate with them, highlighting a strong preference for tried and tested channels, with email coming out on top as the most preferred communication channel (52%), followed by online media (46%), and Facebook (44%).

Bottom of the list were Twitter (7%), TikTok (3%), and other forms of media besides email, including online media, Facebook, WhatsApp, Instagram, TV advertising, radio, and print.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!