I am glad to announce that Sensu was being
featured in the marketing magazine at the starting of this month! It is the recognition
for our hard work and success, and makes us even more proud of what we do. The article talked about the acculturation differences
of the Chinese compare to the other ethnic groups, characteristics of different
ethnic populations in terms of social network adoption, and the importance of providing
multi-cultural conversations to enhance the effectiveness of customer
engagement.
Sensu has
been using social media and in-language approach to target the Chinese
customers for our clients. Why this approach? A recent data from Internet World Stats
displays of nearly 2 billion internet users estimated in 2010, 82% spoke one of
10 macro-languages, where Chinese is the second most spoken language. According to the analytics from Environics,
it displays that social media adoption is more prevalent for many multicultural
clusters compare to the national rate. Based on the April 2012 report from Mckinsey,
it also showed that 95% of the Chinese internet users are registered on a
social media site. That gives us a reason
to target online social media sites to engage the current and potential
customers for our clients. This way we
could also leverage our competencies in tracking and translating the big data
into measurable insights for clients’ strategic business planning purposes.
A real
business case mentioned by the marketing magazine was on the collaboration between
Holt Renfrew and Sensu, where the Chinese social media site Weibo was used for
the 175 anniversary of Holt Renfrew. The
brand page started as an event based. It
attracted 692 followers in 20 days, and produced an increase of 148% in conversion
rate on Weibo between the years of 2010 to 2012.
According
to the research from Brooking Institution Scholar Homi Kharas, the global
middle class will double in size by 2030, where Asia will account for 64% of
the global middle class. With the continuous
high immigration rate from Asia over the years, these data indicates that the
market will only get larger and larger.
This way the best approach in customer engagement needs to be in place
to correspond to this market change. As of
the future, we would encourage the brands to go above and beyond to take the approach
of understanding your customers, assist them in their preferred languages and embrace
new media for the success in the multi-cultural market.