2023 The Connected Consumer Q1.2023 (Decision Lab)
2023 The Connected Consumer Q1.2023 (Decision Lab)
The Rise of
Shoppertainment
MAY 2023
Content
Introduction
Overview
Tracing the connected consumers
Platforms by functions
Our solutions
Contact us
2
Introduction
3
Background
Disclaimer: This report has been prepared solely for information purposes over a limited time period to provide a perspective on the market. Information,
analyses and conclusions contained herein should not be construed as definitive forecasts or guarantees of future performance or results. Decision Lab shall
not be liable for any loss arising from the use of this report.
4
Key highlights
1.
TikTok’s dominance in the short
2.
Despite TikTok’s slight drop in
3.
Usage and preference within the
videos category continued to be usage in Q1 2023, that of TikTok food delivery and e-wallet
challenged in Q1 2023. Shop rose fast. This signals the categories were concentrated on
Meanwhile, Reels and Shorts development of shoppertainment leading incumbents (Grab &
maintain a similar usage level in Vietnam, where e-commerce MoMo). This poses challenges to
from the previous quarter. activities occur on entertainment other apps, especially Shopee,
Instagram, too, is getting more platforms. which saw declines in usage &
recognised as a platform for preference across tracked
short videos. categories.
Online quantitative survey using online panel
7
Social Media
Platforms
8
Top 3 social media platforms—Penetration rates (%)
75%
70%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2019 2020 2021 2022 2023
Q: Which of the following social media platforms are you using? (Choose all that apply) Q1 2023 n=1741
Instagram Top social media platforms—Penetration rates (%)
saw a slight 70%
decrease in 60%
63%
TikTok
Q1 2023. Instagram
40%
0%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q: Which of the following social media platforms are you using? (Choose all that apply) Q1 2023 n=1741
The decline in Instagram usage only
occurred among Gen X & Gen Y.
Gen X Gen Y Gen Z
4% 3% 3% 1% 1%
3% 2% 3% 4% 4% 4%
primacy
contracted
3% 4% 5% 5% 5%
4% 5% 4% 4% 2% 2% 3% 2% 2%
7% 5% 3% 3% 1% 1%
5% 6% 3% 3% 3%
by three
19% 17% 19%
21% 27%
23% 23% 24% 25% 28%
23% 33% 27%
15%
18%
16%
TikTok percentage
points (pp).
18% 18% 21%
20% 19% 22% Instagram
20%
Others/Don't care
Zalo
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2020 2021 2022 2023
18%
YouTube
29% 27%
Facebook 7%
Zalo TikTok
17%
Zalo
24% 24%
YouTube YouTube 7%
Instagram
Q: What is your one primary app? Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Gen Z n=491; Gen Y n=530; Gen X n=313
Platforms by
Category
14
Penetration | Preference
93%
24% 23%
18% 17%
15
Penetration | Preference
13% 13%
Q: Which websites/apps do you use most frequently to watch music or entertaining videos? Q1 2023 n=1741 16
Penetration | Preference
10%
15% 26%
Facebook
Facebook TikTok
5%
TikTok 12% 15%
TikTok Facebook
0% 50% 100%
61%
TikTok’s penetration rates dropped 59%
55%
16%
Q: Which websites/apps do you use to watch short videos (<3mins)? Q1 2023 n=1741
Choose all that apply.
18
Penetration | Preference
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4. Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021 2022 2023 2021 2022 2023 2021 2022 2023
Q: Which websites/apps do you use most frequently to watch short videos (<3mins)? Q1 2023 n=1741 19
Penetration | Preference
56%
38% 39%
TikTok
YouTube TikTok
23%
Facebook
29% 32%
TikTok Facebook
15%
YouTube
27% 21%
3%
Facebook YouTube
Instagram
17% 16%
14% 14% 14%
7%
y
y
ok
e
e
K+
TV
et
o
fli
a
la
O
G
gl
ub
Pl
bo
et
el
TP
oo
V
uT
V
Vi
tt
xy
VT
N
ce
yT
FP
G
Yo
a
Vi
M
Fa
al
G
+/
m
Fi
Q: Which website/apps do you use to watch movies/TV shows? Q1 2023 n=1741
Choose all that apply.
21
Penetration | Preference
42%
29%
12%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021 2022 2023 2021 2022 2023
2021 2022 2023
Q: Which of the following apps do you use most often to watch movies? Q1 2023 n=1741 22
*Local platforms include: FPT Play, VTV Go, K+, Keeng, MyTV Net, Viettel TV, Fim+/Galaxy Play, & VieON
Penetration | Preference
46% 39%
42%
YouTube YouTube
YouTube
31% 19%
Local movie 39% Local movie sites / Local movie sites /
sites / apps apps apps
10% 18%
6%
Google Netflix Netflix
search
7% 8% 13%
Netflix Facebook Facebook
3% 6% 9%
Facebook Google search Google search
79%
Q1 2023 saw the continued rise of
TikTok Shop, growing 5pp QoQ. 59%
38%
33%
26% 25%
15%
Q: Which of the following platforms/apps do you use for online Q1 2023 n=1741
shopping? Choose all that apply.
24
Penetration | Preference
54% 22% 9%
-3% +0% +1%
52%
22%
9%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021 2022 2023 2021 2022 2023 2021 2022 2023
Q: Which of the following platforms/apps do you use most often for online shopping? Q1 2023 n=1741 25
Penetration | Preference
10% 9% 7%
Facebook Facebook TikTok
5% 5% 6%
Tiki Tiki Tiki
3% 5% 2%
Sendo TikTok Facebook
27
Penetration | Preference
Facebook
Shopee Google Search Local publishers
Q1
Q12023
2023 Q1 2023 Q1 2023
36
54%% 23% 21%
-3%
-3% +1% -2%
52%
36%
23% 21%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021
Q1 Q2 Q3 Q4 2022
Q1 Q2 Q3 Q4 2023
Q1 2021 2022 2023 2021 2022 2023
2021 2022 2023
Q: Which websites/apps do you use most often to read news? Q1 2023 n=1741 28
Penetration | Preference
8% 6% 5%
Zalo Zalo YouTube
Q: Which websites/apps do you use most often to read news? Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Gen Z n=619; Gen Y n=688; Gen X n=416
Penetration | Preference
86%
Zalo remained Vietnam’s most
used platform for connecting with
71%
57%
close ones, despite a slight
decrease in usage.
14%
Q: Which websites/apps do you use to connect with friends and Q1 2023 n=1741
family? Choose all that apply.
30
Penetration | Preference
Facebook
Shopee Zalo Messenger
Q1
Q12023
Q1 2023
2023 Q1 2023 Q1 2023
36
54%%%
20 55% 20%
-3%
-3%
-1% +3% +1%
52% 55%
36%
20% 20%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021
Q1 2022 2023
2021 Q2 Q3 Q4 2022
Q1 Q2 Q3 Q4 2023
Q1 2021 2022 2023 2021 2022 2023
2021 2022 2023
Q: Which of the following platforms do you use most often to connect with friends and family? Q1 2023 n=1741 31
Penetration | Preference
9% 16% 22%
48%
10%
Q: Which food delivery apps do you use? Choose all that apply. Q1 2023 n=1741
33
Penetration | Preference
Grab Food
Facebook
Shopee ShopeeFood
Zalo Brand Websites
Messenger
Q12023
Q1
Q1 2023
2023 Q1 2023 Q1 2023
Q1 2023 Q1 2023 Q1 2023
39%%%%
36
54
20 27
55%% 15
20%%
+4%
-3%
-3% -3% +1%
-1% +3% +1%
52% 55%
36%
32% 35% 39%20% 32% 30% 27% 20%
12% 9% 15%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021
Q1 2022 2023
Q3 Q2
2021 Q3 Q4
2022 Q1 Q2
Q42022
2022 Q3 Q4 2023
Q1 2023Q1 Q3 2022
2021 Q42022
2022 Q1 2023
2023 Q3 2022
2021 Q4 2022
2022 Q1 20232023
2021 2022 2023
Q: Which food delivery app do you use most often? Q1 2023 n=1741 34
Penetration | Preference
5% 7% 10%
Baemin Baemin GoFood
5% 5% 9%
GoFood GoFood Brand websites
2% 3% 3%
Loship Loship Loship
Q: Which food delivery app do you use most often? Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Gen Z n=526; Gen Y n=620; Gen X n=317
Penetration | Preference
Q1 2023 Q4 2022
68%
27%
25%
16%
7%
Q: Which E-Wallets do you use? Choose all that apply. Q1 2023 n=1724
36
Penetration | Preference
MoMo
Grab Food
Facebook
Shopee ZaloPay ViettelPay
Q1
Q12023
Q1 2023
2023 Q1 2023 Q1 2023
Q1 2023
48
39%%%%%
36
54
20 18% 10%
+2% -1% +0%
+4%
-3%
-3%
-1%
52%
36%
32% 35% 39%20%
Q4 2022 Q4 2022 Q4 2022
46 19 10
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021
Q1 2022 2023
Q3 Q2 Q3 Q4
2022 Q1 Q2
Q42022
2022 Q3 Q4 2023
Q1 2023Q1
2021
2021 2022 2023 % % %
VNpay 3% 2% 1%
3% VNPTpay 2%
VNPTpay 1%
Q: Which e-wallets do you use most often? Q1 2023 Q4 2022 Gen Z n=612; Gen Y n=692; Gen X n=420
Penetration | Preference
Q1 2023 Q4 2022
70%70%
Q: Which apps do you use for ride-hailing? Choose all that apply. Q1 2023 n=1741
39
Penetration | Preference
MoMo
Grab
Grab Food
Facebook
Shopee Mai Linh Taxi GoJek
Q1
Q12022
Q1 2023
2023
2023 Q1 2023 Q1 2023
Q1 2023
48
55
39%%%%%%
36
54
20 11% 8%
+2% +1% -1%
+4%
-3%
-3%
-1%
52%
36%
32% 35% 39%20%
Q4 2022 Q4 2022 Q4 2022
46
53 10 9
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021
Q1 2022 2023
Q3 Q2 Q3 Q4
2022 Q1 Q2
Q42022
2022 Q3 Q4 2023
Q1 2023Q1
2021
2021 2022 %
2023 % %
Mai Linh Taxi 15% Mai Linh Taxi 10% GoJek 15%
14% 10% 15%
Traditional taxi- 6% 6% 7%
GoJek Mai Linh Taxi
bicycle 5% 7% 7%
5% 4% Traditional taxi- 4%
VinaTaxi Be
6% 4% bicycle 4%
Q: Which ride-hailing app do you use most often? Q1 2023 Q4 2022 Gen Z n=556; Gen Y n=666; Gen X n=395
41
Opportunities for brands
Reels & Shorts are rising in usage The line between shopping and Super Apps are increasingly
and preference. entertainment is increasingly established in Vietnam.
blurred.
With the advent of recent years, Brands should leverage Collaboration opportunities &
short videos are undoubtedly here shoppertainment more, using newer advertising channels for
to stay. Brands should diversify platforms like TikTok Shop and brands to commercialise their
short video content distribution to collaborating with influencers or existing user bases.
Meta’s and Google’s platforms in live-streamers as viable
addition to TikTok. e-commerce channels.
42
Measure the Connected Consumer on a daily basis
YouGov BrandIndex tracks brand health with daily consumer YouGov Profiles is a living data source with 10,000+ variables
data in 55+ markets. Use historical and current data to compare from our engaged panel, updated weekly. Learn about your
your brand with competitors and the market on 16 vital brand consumers’ demographics, psychographics, attitudes and
health metrics. In Vietnam, we cover more than 430 brands behaviours. Reach your ideal audience on the right channels
across ten different sectors. with targeted campaigns.
43
Marketing Mix
Modeling
44
How do you measure marketing activities in
a connected and privacy-conscious world?
45
Meta & Decision Lab partnered to facilitate
powerful Marketing Mix Modeling to Vietnam
46
MMM identifies and quantifies
the impact of each marketing activity.
External Marketing
Factors Inputs
• Macro • Paid MMM
factors Search Sales Statistical
• Weather • SEO KPI Regression
• Promotions • SoMe Modeling
and pricing • Email
• Seasonality • TV
• Competition • Etc.
• Etc.
MMM takes historical aggregated data from marketing and non-marketing sources to identify precisely what causes sales.
47
What does MMM deliver for your brand?
MMM addresses a wide range of strategic and tactical questions across the organization for marketers.
Supports “what-if”
analysis for future
Approximates the true Measures holistic
budget allocations
ROI of different impact across
across marketing
marketing activities channels channels, products,
and regions
48
Why us?
49
Contact us to learn
more about MMM Nguyen Thanh Cao
50
Reach out to us
2nd Floor - Sonatus Building,
15 Le Thanh Ton, District 1,
Ho Chi Minh City, Vietnam
51