ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU

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ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
ISE Industry Forum
CSISG 2020 Q1 Results Announcement

RETAIL & INFO-COMMUNICATIONS
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
CSISG METHODOLOGY
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
How Well Did Companies Satisfy Their Customers?
The CSISG Score

                              Customer
                             Satisfaction
                                CSISG
                           (Scale of 0-100)

                        1. Overall Satisfaction
                    2. Ability to Meet Expectations
                         3. Similarity to Ideal

                                                      !3
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
CSISG Structural Model (For Retail & Infocomm)
   Perceived Product Quality
   Perceived Product Customisation
   Perceived Product Reliability

          Perceived
       Product Quality                                                                                      Complaint Behaviour
                                         Perceived
                                       Overall Quality                                                          Customer
                                         (After Recent
                                          Experience)                                                          Complaints
          Perceived
        Service Quality

   Perceived Service Quality
   Perceived Service Customisation            Price / Quality    Perceived           Customer
   Perceived Service Reliability              Quality / Price      Value            Satisfaction

                                         Customer                            Overall Satisfaction
                                                                             Ability to Meet Expectations
                                        Expectations
                                                                             Similarity to Ideal
                                       (Predicted Quality                                                         Customer
                                         Before Recent                                                             Loyalty
                                          Experience)

                                     Predicted Overall Quality                                               Repurchase Intention
                                     Predicted Customisation                                                 Price Tolerance
                                     Predicted Reliability
                                                                                                                                    !4
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
General CSISG Fieldwork Methodology
                (For Info-communication Sector Local Respondents)
                Singapore citizens and PRs were interviewed at their homes.
                Homes are selected from a random address listing that matches the housing
                profile of Singapore resident population.

                (For Wireless@SG Sub-sector Tourist Respondents only)
                Departing tourists were interviewed at Changi Airport.

                (For Retail Sector Local Respondents)
                Singapore citizens and PRs were asked to complete an online survey.
                Respondents were randomly selected from a nationally representative online
                panel.

                Each respondent answers up to 21 CSISG questions and about 25 industry-
                specific attribute/touchpoint questions about the company/brand they had
                recent experiences with. Each respondent evaluates only 1 company/brand.

                Typically 50-200 respondents per company would have answered the CSISG
                questionnaire.
                                                                                             !5
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
Overview of Score Calculation

                1                       2                   3                      4
           Company               Sub-Sector                                   National
                                                     Sector Score
            Score                  Score                                       Score

          Local & Tourist           Company
                                                       Revenue / GDP Contribution Weights
             Weights                 Weights

                                                             Revenue Share Study /
                    Incidence Study
                                                                DOS GDP Data
        •Identify companies with highest            •Identify revenue contribution of each
         interactions with locals and tourists.      sub-sector to its respective sector.
        •Locals surveyed door-to-door.              •Identify GDP contribution of each sector
        •Tourists surveyed at Changi Airport.        to the total GDP of sectors measured in
        •DOS population and STB Visitor Arrival      the CSISG.
         data used to further identify proportion
         of locals and tourist customers.                                                       !6
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
CSISG 2020 Q1 Sub-sectors

       Info-Communications Sector                                 Retail Sector*
       • Mobile Telecom                                           • Department Stores
       • Broadband                                                • Supermarkets
       • PayTV                                                    • Fashion Apparels
       • Wireless@SG                                              • e-Commerce

         * Note: Data collection for Retail sector done online with locals only, as opposed to face-to-face
         interviews with both locals and tourists in 2019. No change in methodology for Infocomm Sector.
                                                                                                              !7
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
CSISG 2020 Q1 Quick Facts

                       Sectors Covered    Retail
                                          Info-Communications
                         Survey Period    Feb to Apr 2020
        Total Questionnaires Completed    4,479
                 Face-to-Face (Locals)    1,804

             Tourists at Changi Airport   96

                        Online (Locals)   2,579

             Distinct entities measured   77
         Entities with published scores   36
                                                                !8
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
CSISG 2020 Q1 RESULTS
ISE Industry Forum CSISG 2020 Q1 Results Announcement - RETAIL & INFO-COMMUNICATIONS - SMU
How Well Did Companies Satisfy Their Customers?
CSISG 2020 Q1 Results Overview

                                                                                                                                       QUALIFIER FOR RESPONDENT
                                                                                                                                       (1) Recently interacted with companies/
                                                                                                                                           brands (Past 3 months)
                                                                                                                                       (2) Each respondent evaluates
                                                                                                                                           satisfaction with 1 to 2 companies/
                                                                                                                                           brands from different sectors
                        * Refers to companies/sub-sectors that are statistically significantly above their sub-sector/sector scores

        Note: Entities shown in this scorecard have samples of N≥50. For Fashion Apparels, due to the fragmented nature of the sub-sector, entities shown have N≥30.             !10
CSISG 2020 Q1 RESULTS
INFO-COMMUNICATIONS SECTOR
Info-Communications Sector CSISG Trends                                                                      Info-Comms Sector

     75                                                                75
          Mobile Telecom                                                    Broadband
                                                             ◼
                                                                                                                           ◼
     65                                                                65

     55                                                                55
      2007                                             2020

                                                                       75
          PayTV                                                             Wireless@SG                                    ◼
                                                             ◼

                                                                       65

                                                                       55

                  ▲▼ Statistically significant increase/drop between the 2020 and 2019 scores at 90% confidence
                                                                                                                                 !12
                   ◼ No statistically significant change between the 2020 and 2019 scores at 90% confidence
Infocomm: Marginal Decline in Various CSISG Dimensions

Product
Quality

           Perceived
                                               Complaints

                                                                      Customer
            Quality
Service
Quality
                                                                                                  Perceived
                         Perceived
                                       CSISG                         Expectations                  Quality             Perceived Value   CSISG
                           Value

                                                                     (Predicted Quality
           Customer                                                                               (After Recent
                                                                       Before Recent
                                                Customer
          Expectations                           Loyalty
                                                                                                   Experience)
                                                                        Experience)

                           Mobile Telecom                                  75.0                      75.6                       76.5      71.7
                                                                          (+0.7%)                    (-1.9%)                   (-1.4%)   (-1.4%)

                                     Broadband                             72.2                      74.7                       75.5      70.1
                                                                          (-0.9%)                    (-0.5%)                   (-0.8%)   (-0.8%)

                                      PayTV                                72.2                      74.7                       75.2      70.6
                                                                          (-0.4%)                    (-0.9%)                   (-0.6%)   (+0.5%)

                                                            ▲▼ Statistically significant year-on-year increase/drop at 90% confidence
                                                             ◼ No statistically significant year-on-year change at 90% confidence                  !13
Decline in Service Quality for Mobile Telecom

           Product
           Quality
                         Perceived              Perceived                  Perceived                     Perceived
                          Quality
           Service                           Product Quality             Service Quality                  Quality
           Quality

              Mobile Telecom                         75.6                        75.6 ▼                    75.6
                                                    (-0.7%)                     (-3.2%)                   (-1.9%)

                 Broadband                           75.1                        74.3                      74.7
                                                   (+0.9%)                      (-2.0%)                   (-0.5%)

                     PayTV                           74.8                        74.7                      74.7
                                                     (0.0%)                     (-1.8%)                   (-0.9%)

                             ▲▼ Statistically significant year-on-year increase/drop at 90% confidence
                              ◼ No statistically significant year-on-year change at 90% confidence                   !14
ASSESSING THE IMPACT OF
COVID-19 ON THE DATA
Telecommuting Started Early February 2020 Due To Coronavirus

                                                                                        Source: https://www.channelnewsasia.com/news/singapore/coronavirus-work-from-home-blow-to-businesses-cbd-
                                                                                        singapore-12427002

Source: https://www.straitstimes.com/singapore/coronavirus-business-continuity-plans-
kick-in-for-companies-following-code-orange-alert

                                                                                                                                                                                                    !16
62
                                66
                                     69
                                               73
                                                        76
                                                                80
       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                     ar
      16 W
         M eek
          ar 7
                                                                    Mobile Telecom

             to to
                 29 8
                                                                                         (Bi-Weekly Trend)

                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r                   72.7
                                          2019

                                          Score:
                                          CSISG
                                                          78.1
                                                          2019

                                                         Score:
                                                         Quality
                                                         Service
                                                        Perceived

       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                     ar
                                                                                                                 Info-Communications Sub-Sector Scores

      16 W
                                                                    Broadband

         M eek
          ar 7
             to to
                 29 8
                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r
                                       70.6
                                      2019

                                      Score:
                                      CSISG
                                                      75.8
                                                      2019

                                                     Score:
                                                     Quality
                                                     Service
                                                    Perceived

       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
                                                                                     CSISG

       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                                                                    PayTV

                     ar
      16 W
         M eek
          ar 7
             to to
                 29 8
                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r
!17
                                                                                     Perceived Service Quality

                                      70.2
                                     2019

                                     Score:
                                     CSISG
                                                      76.0
                                                      2019

                                                     Score:
                                                     Quality
                                                     Service
                                                    Perceived
62
                                66
                                     69
                                               73
                                                        76
                                                                80
       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                     ar
      16 W
         M eek
          ar 7
                                                                    Mobile Telecom

             to to
                 29 8
                                                                                         (Bi-Weekly Trend)

                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r                   72.7
                                          2019

                                          Score:
                                          CSISG
                                                          78.1
                                                          2019

                                                         Score:
                                                         Quality
                                                         Service
                                                        Perceived

       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                     ar
      16 W
                                                                    Broadband

         M eek
          ar 7
             to to
                 29 8
                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r
                                       70.6
                                      2019

                                      Score:
                                      CSISG
                                                      75.8
                                                      2019

                                                     Score:
                                                     Quality
                                                     Service
                                                    Perceived

       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
                                                                                     CSISG

       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                                                                    PayTV

                     ar
      16 W
         M eek
          ar 7
             to to
                 29 8
                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r
                                                                                                                 Mobile & PayTV: Perceived Service Quality Lower than 2019 Across the Period

!18
                                                                                     Perceived Service Quality

                                      70.2
                                     2019

                                     Score:
                                     CSISG
                                                      76.0
                                                      2019

                                                     Score:
                                                     Quality
                                                     Service
                                                    Perceived
62
                                66
                                     69
                                               73
                                                        76
                                                                80
       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                     ar
      16 W
         M eek
          ar 7
                                                                    Mobile Telecom

             to to
                 29 8
                                                                                         (Bi-Weekly Trend)

                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r                   72.7
                                          2019

                                          Score:
                                          CSISG
                                                          78.1
                                                          2019

                                                         Score:
                                                         Quality
                                                         Service
                                                        Perceived

       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                     ar
      16 W
                                                                    Broadband

         M eek
          ar 7
             to to
                 29 8
                   M
                     ar
       30 Wee
          M k9
            ar
                to to 1
                  9 0
                    Ap
                       r
                                       70.6
                                      2019

                                      Score:
                                      CSISG
                                                      75.8
                                                      2019

                                                     Score:
                                                     Quality
                                                     Service
                                                    Perceived

       3   W
         Fe eek
           b
              to 1 t
                 16 o 2
                   Fe
                      b
                                                                                     CSISG

       17 We
          Fe ek
             b 3t
               to o
                  1 4
                   M
                     ar
       2   W
         M eek
          ar
             to 5 t
                 15 o 6
                   M
                                                                    PayTV

                     ar
      16 W
         M eek
          ar 7
             to to
                 29 8
                   M
                     ar
       30 Wee
          M k9
            ar
                                                                                                                 Broadband: Declining Trend in Perceived Service Quality Pre-Circuit Breaker

                to to 1
                  9 0
                    Ap
                       r
!19
                                                                                     Perceived Service Quality

                                      70.2
                                     2019

                                     Score:
                                     CSISG
                                                      76.0
                                                      2019

                                                     Score:
                                                     Quality
                                                     Service
                                                    Perceived
PERFORMANCE
Decline in Singtel Mobile’s CSISG Scores
(Mobile Telecom)
                                                                75                                 72.7
                               CSISG   CSISG                         Mobile Telecom                         71.7
                               2019    2020
                                                                65

                                                                             2007
                                                                      Info-Communications Sector
                                                                55
                                                                2007                                2020
               Singtel Mobile 75.2

              StarHub Mobile 71.9         72.1 StarHub Mobile
                                          71.6 M1 Mobile
                                          71.5 Singtel Mobile

                   M1 Mobile 69.7

                                                                                                          !21
Marginal Movements Across Companies
(Broadband)
                                                                 75                                 72.7
                             CSISG   CSISG                            Broadband
                             2019    2020                                                                    70.1
                                                                 65

                                                                       Info-Communications Sector
                                                                 55
                                                                 2007                                2020

         StarHub Broadband 70.9         70.9 Singtel Broadband
              M1 Broadband 70.9
          Singtel Broadband 70.2        70.3 M1 Broadband

                                        69.2 StarHub Broadband

                                                                                                           !22
Marginal Movements Across Companies
(PayTV)
                                                          75                                 72.7
                                                               PayTV
                          CSISG   CSISG                                                               70.6
                          2019    2020
                                                          65

                                                                Info-Communications Sector
                                                          55
                                                          2007                                2020

                                     70.9 StarHub PayTV
          StarHub PayTV 70.7
                                     70.2 Singtel PayTV
           Singtel PayTV 69.7

                                                                                                    !23
Mobile Telecom Attributes - YOY Movements
                                                                                                          2020 Avg Rating

                                   Network reliability of local mobile data

                                                        Mobile data speed                                                     Product-
                                                         Network coverage                                                     Related
                          Range of subscription plans to meet your needs                                                      Attributes
                                    Network reliability of local voice calls

Descending                                        Provides prompt service
  Order Of         Products and services are clear and easy to understand
 Attributes
   Ratings                                       Provides efficient service

                                                          Good reputation

                                               Loyalty & rewards program

                                       Proactively helps you when needed                                                      Service-
                               Makes the effort to understand your needs                                                      Related
              Makes you feel assured that your needs will be taken care of                                  ▼                 Attributes
                                           Innovative and forward-looking                                  ▼
                                                                                                                                  ▲▼ Statistically significant
                                           Has your best interest at heart                           ▼                             increase/drop between the
                                                                                                                                   2020 and 2019 scores at
                                                                               7.0                  7.6                     8.2         90% confidence
                                                                                     Attribute Rating (Scale of 1 to 10)                              !24
MVNOs: Propositions Targeted At Data, Pain Points & Value-Added Services

                                      Circles.Life              Zero1
                                       Customer                Unlimited              Vivifi
                                      Experience                 Data                 Data
                                                                                     Sharing

                                                     redONE                Grid Mobile
                                                     Roaming               Rebates &
                                                                            Cashback

Source: Respective telcos’ websites                                                      !25
Broadband Attributes - YOY Movements
                                                                                                 2020 Avg Rating

                          Range of subscription plans to meet your needs
                                                                                                                            Product-
                                                        Network reliability                                                 Related
                                                      Internet data speed
                                                                                                                            Attributes

                                           Innovative and forward-looking

                               Makes the effort to understand your needs
Descending
  Order Of                                     Loyalty & rewards program
 Attributes
   Ratings         Products and services are clear and easy to understand

                                                          Good reputation

                                                 Provides efficient service                               ▼
                                       Proactively helps you when needed
                                                                                                                            Service-
                                                                                                                            Related
                                                  Provides prompt service                           ▼                       Attributes
                                           Has your best interest at heart                          ▼
                                                                                                                                ▲▼ Statistically significant
              Makes you feel assured that your needs will be taken care of                      ▼                                increase/drop between the
                                                                                                                                 2020 and 2019 scores at
                                                                              7.0                   7.6                   8.2         90% confidence
                                                                                    Attribute Rating (Scale of 1 to 10)                             !26
PayTV Attributes - YOY Movements
                                                                                                     2020 Avg Rating

                                                     Transmission quality                                                   Product-
                                      Variety of channels that interest you                                                 Related
                                                                                                                            Attributes
                                                  Provides prompt service

                                               Loyalty & rewards program

                                                 Provides efficient service
Descending
  Order Of                 Range of channel packages to meet your needs
 Attributes
   Ratings         Products and services are clear and easy to understand

                                           Innovative and forward-looking                                    ▼
              Makes you feel assured that your needs will be taken care of

                                                          Good reputation                                ▼
                                                                                                                            Service-
                                                                                                                            Related
                                       Proactively helps you when needed                                 ▼                  Attributes
                                           Has your best interest at heart                               ▼
                                                                                                                                ▲▼ Statistically significant
                               Makes the effort to understand your needs                                 ▼                       increase/drop between the
                                                                                                                                 2020 and 2019 scores at
                                                                              7.0                  7.6                    8.2         90% confidence
                                                                                    Attribute Rating (Scale of 1 to 10)                             !27
Top 3 Drivers of Quality Are Service-Related Attributes
          (Infocomm: Top 3 Attributes With Impact On Quality)
                                                         Mobile Telecom      Avg Rating of Subsector's Attributes

Service                                          Provides prompt service

Service                                   Has your best interest at heart        ▼                                  Increasing
                                                                                                                    Impact
Service      Makes you feel assured that your needs will be taken care of                ▼

                                                              Broadband
Service                                   Has your best interest at heart        ▼
                                                                                                                    Increasing
Service      Makes you feel assured that your needs will be taken care of    ▼                                      Impact

Service           Products and services are clear and easy to understand

                                                                   PayTV
Service                        Makes the effort to understand your needs             ▼
                                                                                                                    Increasing
Service                                          Provides prompt service                                            Impact

Service                                         Provides efficient service
                                                                                                                                 !28
Selected Negative Comments Regarding Service
          (Infocomm: Top 3 Attributes With Impact On Quality)
                                                                             “Staff was not responsive and lack of knowledge at the counter,
                                                         Mobile Telecom              waiting time to get
                                                                                             Avg Rating    attended Attributes
                                                                                                        of Subsector's was very long too..”

Service                                          Provides prompt service
                                                                              “Found a hidden charge on my bill and staff was unable or not
Service                                                                        interested to help▼me settle when I called in for assistance”
                                                                                                                             Increasing
                                          Has your best interest at heart
                                                                                                                            Impact
Service      Makes you feel assured that your needs will be taken care of       “Waited for very long to▼get connected to the phone staff.”

                                                                              “Technical support was not clear when explaining to me on the
                                                              Broadband
                                                                             line, have problem understanding and they mentioned that there
Service                                   Has your best interest at heart    is charge if I ask them
                                                                                                 ▼ to visit my house to solve the issue for me
                                                                                             which I think is very unfair to me…"
                                                                                                                            Increasing
Service      Makes you feel assured that your needs will be taken care of                   ▼                               Impact
                                                                             “There are more frequent breakdowns and they take quite long to
Service           Products and services are clear and easy to understand      resolve the matter. Staff on the phone need to be more patient
                                                                                  when assisting as I called in to enquire on their faults"

                                                                   PayTV
                                                                               “Feel that they are not improving their services in terms of
Service                        Makes the effort to understand your needs       channels and shows.▼They need to have more channels and
                                                                             shows to stay competitive as the price is getting more expensive
                                                                                             yet services are not improving  Increasing
Service                                          Provides prompt service                                                    Impact
                                                                             “Feel that they don’t value us customers, need to wait very long
Service                                         Provides efficient service      to get connected to the phone operator who was rude and
                                                                                                       impatient…”                               !29
CUSTOMER LOYALTY
Infocomm Landscape: “Price/Data Wars” Continues
                   (Timeline of New Infocomm Product & Service Launches)
             Shut down of 2G network                                                                                             Singtel
                      Singtel                                                                                           SIM Only Plan 10+10GB
              Launched new LVL UP                                                      Singtel                                   StarHub
                                                          M1                                                                                                            StarHub
                 plan for youths                                              Launch of Combo XO Plan         Streamlined from 10 mobile plans to 3
                                            Launched new mySIMe plans                                                                                                Launched Giga!
                     StarHub                                                  Launched mobile leasing       Confirmed move from cable to fibre networks                                                 StarHub
                                                      Circles.Life                      plans                                                                                M1
                Confirmed loss of                                                                                                   M1                                                           Launched SmartSupport
                                            Introduced Circles Switch for
                Discovery channels                                                   Circles.Life                 Boosted network speed to 1Gbps                Simplified mobile offering      Lite, a mobile phone after-
                                              customers to try out their                                                                                           with one base plan
                        M1                                                     Launched $0 Flexi Plan           Made digital eSIM available on iPhone                                            sales care service for no-
                                              services for a limited time
              Launched new prepaid                                            offering 1GB Data with no                             TPG                          Grid Mobile & redOne          contract SIM Only customers
                                                      Zero Mobile                   strings attached                                                             Launched in Singapore
                 roaming plans                                                                                          Launched free service trial
                                                     Entry to market

         2017 Q1          2017 Q2           2017 Q3            2017 Q4      2018 Q1           2018 Q2          2018 Q3              2018 Q4           2019 Q1        2019 Q2          2019 Q3           2019 Q4         2020 Q1

                                           Singtel                                                            Singtel                                                                        StarHub
                                Upgraded Combo 3, 6 & 12 with                                       Obtained rights to carry full                                                   Launched brand-new
                                  unlimited talk time and SMS                                        Discovery channel suite                                                         OTT pack Go Max
                                                                        Circles.Life                                                            Singtel
                                 Launched DATA X INFINITY at                                                                                                                                 ViViFi
                                                                 Launched $3 Unlimited Data                                               Launch of GOMO
                                         $39.90/month                                                                                                                              Launched in Singapore
         Singtel                                                  on Demand and Unlimited                                   Cut add-on price for unlimited data to $29.90/
                                Launched 800Mbps mobile data
Launched 450Mbps mobile                                              WhatsApp Roaming                                                           month
                                 speeds at selected high traffic
data speed for all 4G users                                                Zero1                                                 Launched 3 new XO postpaid plans                                                         StarHub
                                         outdoor spots
           M1                                                          Entry to market                                      Expanded entertainment line-up with HBO GO                                            Launched HomeHub Plus
                                             M1
Launched M1 Mobile Sports                                                                                                                      StarHub                                                           Bundle featuring all-in-one
                                 Launched unlimited data 4G
 Launched ASEAN & Asia                                                                                                        Launched 50GB worry-free data add-on for                                          broadband, TV entertainment
                                  mobile plan (mySIM3 98)
      Data Passports                                                                                                                       $20/month                                                               and Netflix subscription
Launched 3 new 4G mobile                                                                                                                          M1
     broadband plans
                                                                                                                                Launched 25GB add-on for $5/month
                                                                                                                                              Circles.Life
                                                                                                                              Launched unlimited data add-on for $20/
                                                                                                                                              month
                                                                                                                                                                                                                                 31
Decline in Components of Customer Loyalty
                                   (Infocomm: Components of Customer Loyalty)

                                        Mobile Telecom                                 Broadband                               PayTV

                          8.4                                                                                                                              15
                                  Repurchase Intention
                                  Price Tolerance
                          8.0                                                                                                                              12
Ratings (1 to 10 scale)

                                                                                                                                                                % Increase In Price
                          7.6                                                                                                                              9

                          7.2                                                                                                                              6

                          6.8                                                                                                                              3

                          6.4                                                                                                                              0
                                2016    2017    2018     2019   2020    2016    2017      2018     2019   2020   2016   2017   2018    2019   2020

                                                                                                                                                     !32
BROADBAND CHURN
Broadband Sub-sector - Intent to Switch
(3-Year Trend)
                                   Will you consider switching to
                                   another service provider once
                                    your current contract is up?    n=600

                                     Yes                    No

       2018       2019      2020

                          7.8%
     7.0%
                6.3%

              Broadband
                                                                            !34
Broadband Sub-sector - Intent to Switch

                                                                  Will you consider switching to
                                                                  another service provider once
                                                                   your current contract is up?               n=600

                                                                    Yes                          No
                                                          7.8%                                          92.2%
                                                     2019: 6.3%                                            2019: 93.7%

                                                   Main Reason To Consider Switching

                                                                                                               62.6% ▲
Internet speed and network reliability related reasons
                                                                                     35.1%

                                                                       19.4%
                                Price related reasons
                                                                     15.5%

                                                                    13.6%
                   Subscription plan related reasons
                                                                          21.3%

                                                          2.6% ▼
           Loyalty & rewards program related reasons
                                                                     16.5%
                                                                                                2020
              Product or hardware (such as modems        1.8%
                                                                                                2019
                   and router) related reasons              6.8%
                                                                              ▲▼ denotes statistically significant year-on-
                                                         0.0%
                    Customer service related reasons                           year increase/decrease at 90% confidence.
                                                           4.7%
                                                                                                                              !35
Broadband Sub-sector - Intent to Switch

                                                                  Will you consider switching to
                                                                                                                              Internet always gets disconnected so unreliable.
                                                                  another service provider once                                 Improvement on the reliability of the network
                                                                   your current contract is up?               n=600
                                                                                                                                        need to be in placed quickly

                                                                                                                              Speed of the internet is not as fast and stable as
                                                                    Yes                          No                            other service providers, price is more expensive
                                                          7.8%                                          92.2%                 too. If they want to have more expensive service,
                                                     2019: 6.3%                                            2019: 93.7%           they should make sure their service is up to
                                                                                                                                                   standard
                                                   Main Reason To Consider Switching
                                                                                                                                There are more frequent breakdowns and they
                                                                                                                              take quite long to resolve the matter. Staff on the
                                                                                                               62.6% ▲        phone need to be more patient when assisting as
Internet speed and network reliability related reasons
                                                                                     35.1%                                           I called in to enquire on their faults

                                                                       19.4%                                                  Always gets disconnected when I use the internet
                                Price related reasons
                                                                     15.5%                                                       especially during peak hour when I needed
                                                                                                                                internet for work. Need to make sure that the
                                                                    13.6%                                                      network don’t get disconnected and stay stable
                   Subscription plan related reasons
                                                                          21.3%                                                               during peak hours
                                                          2.6% ▼
           Loyalty & rewards program related reasons                                                                            I always have service disruption during night
                                                                     16.5%
                                                                                                2020                          time and it's so annoying cause I have this issue
              Product or hardware (such as modems        1.8%                                                                 for many times already. They need to constantly
                                                                                                2019                           check on the service for everyone to make sure
                   and router) related reasons              6.8%
                                                                              ▲▼ denotes statistically significant year-on-   we don’t face any disruption since we are paying
                                                         0.0%                                                                    not a small sum for the service every month
                    Customer service related reasons                           year increase/decrease at 90% confidence.
                                                           4.7%
                                                                                                                                                                           !36
PAYTV VS OTT
PayTV - Paying For Video-On-Demand Services

                            To PayTV Respondents Only         n=400
                       Are you currently paying for Video-On-
                         Demand services such as Netflix,
                               Amazon Prime Video?

                           No                         Yes
                  59.3%

                                                                                 40.7%

                                                     11.5%

                                                      2019                        2020

                                                ↑↓ denotes statistically significant year-on-year
                                                    increase/decrease at 90% confidence.
                                                                                                    !38
Loyalty to PayTV Provider Lower If Customers Have OTT Subscription
(PayTV: Paying For Video-On-Demand Services)

                                                     To PayTV Respondents Only         n=400
                                                Are you currently paying for Video-On-
                                                  Demand services such as Netflix,
                                                        Amazon Prime Video?

                                                      No                         Yes
                                     59.3%                                                   40.7%
                                     2019: 88.5%                                         2019: 11.5%

                                             Score/Rating    %∆       Score/Rating     %∆

   Score
 (0 to 100)
                        Customer Loyalty       72.4          0.0%       70.9         -8.8% *

                      Overall Satisfaction
                      with PayTV Provider      7.87         +3.3% *     7.62         -3.6%
              How well expectations were
                met with PayTV Provider        7.16         +2.2%       7.11         -5.1%
   Rating
                       How close to ideal
  (1 to 10)
                         PayTV Provider        7.26         +2.1%       7.12         -6.7%

              Likelihood to pay for Video-
              On-Demand services in next       3.15         -5.6%          -                     *denotes statistically significant year-on-year
                                                                                                    increase/decrease at 90% confidence.
                                3 months

                                                                                                                                                   !39
Satisfaction Metrics for OTT Subscribers Marginally Lower
(PayTV: Paying For Video-On-Demand Services)

                                                     To PayTV Respondents Only         n=400
                                                Are you currently paying for Video-On-
                                                  Demand services such as Netflix,
                                                        Amazon Prime Video?

                                                      No                         Yes
                                     59.3%                                                   40.7%
                                     2019: 88.5%                                         2019: 11.5%

                                             Score/Rating    %∆       Score/Rating     %∆

   Score
 (0 to 100)
                        Customer Loyalty       72.4          0.0%       70.9         -8.8% *

                      Overall Satisfaction
                      with PayTV Provider      7.87         +3.3% *     7.62         -3.6%
              How well expectations were
                met with PayTV Provider        7.16         +2.2%       7.11         -5.1%
   Rating
                       How close to ideal
  (1 to 10)
                         PayTV Provider        7.26         +2.1%       7.12         -6.7%

              Likelihood to pay for Video-
              On-Demand services in next       3.15         -5.6%          -                     *denotes statistically significant year-on-year
                                                                                                    increase/decrease at 90% confidence.
                                3 months

                                                                                                                                                   !40
Satisfaction Ratings for PayTV Provider & OTT Service
(PayTV: Paying For Video-On-Demand Services)

                                                To PayTV Respondents Only         n=400
                                           Are you currently paying for Video-On-
                                             Demand services such as Netflix,
                                                   Amazon Prime Video?

                                               No                        Yes
                                 59.3%                                            40.7%
                                 2019: 88.5%                                      2019: 11.5%

                 8.30

                               7.87                                                             7.83

                 7.65                                                   7.62

                 7.00
                        Overall Satisfaction                     Overall Satisfaction   Overall Satisfaction
                        With PayTV Provider                      With PayTV Provider     With OTT Service
                                                                                                               !41
OTT Subscribers Rate Experience with Their PayTV Provider Poorer
          (PayTV Attributes: OTT Subscriber vs Non-Subscriber)

                                      Makes the effort to understand your needs                               OTT Subscriber
                                                         Provides prompt service                              OTT Non-Subscriber

                                                        Provides efficient service         ▼
     Increasing                                                  Good reputation       ▼
Positive Impact
     on PayTV’s                                       Loyalty & rewards program              ▼
                                                                                                                 Highlighted
  Quality Score
                          Products and services are clear and easy to understand                              attributes denote
                                                                                                                 statistically
                                  Range of channel packages to meet your needs              ▼                     significant
                                                                                                            differences in ratings
                                             Variety of channels that interest you               ▼           between video-on-
                                                                                                            demand subscribers
                                                             Transmission quality           ▼                vs non-subscribers

                                                  Has your best interest at heart      ▼
Limited Impact                                Proactively helps you when needed        ▼
    on PayTV’s                                                                                             ▲▼ denotes statistically
  Quality Score      Makes you feel assured that your needs will be taken care of                           significant year-on-year
                                                                                                           increase/decrease at 90%
                                                  Innovative and forward-looking                                  confidence.

                                                                                 6.6       7.5       8.4                     !42
Non-OTT Subscribers Unlikely to Subscribe to OTT
(PayTV: Paying For Video-On-Demand Services)

                                                     To PayTV Respondents Only         n=400
                                                Are you currently paying for Video-On-
                                                  Demand services such as Netflix,
                                                        Amazon Prime Video?

                                                      No                         Yes
                                     59.3%                                                   40.7%
                                     2019: 88.5%                                         2019: 11.5%

                                             Score/Rating     %∆      Score/Rating     %∆

   Score
 (0 to 100)
                        Customer Loyalty       72.4          0.0%       70.9         -8.8% *

                      Overall Satisfaction
                      with PayTV Provider      7.87         +3.3% *     7.62         -3.6%
              How well expectations were
                met with PayTV Provider        7.16         +2.2%       7.11         -5.1%
   Rating
                       How close to ideal
  (1 to 10)
                         PayTV Provider        7.26         +2.1%       7.12         -6.7%

              Likelihood to pay for Video-
              On-Demand services in next       3.15         -5.6%          -                     *denotes statistically significant year-on-year
                                                                                                    increase/decrease at 90% confidence.
                                3 months

                                                                                                                                                   !43
Non-OTT Subscribers Tend to Be Older & With More Not Working
  (PayTV Attributes: OTT Subscriber vs Non-Subscriber)

                                              To PayTV Respondents Only
                                         Are you currently paying for Video-On-
                                           Demand services such as Netflix,
                                                 Amazon Prime Video?            n=400

                                                No                    Yes
                                 59.3%                                       40.7%
                                 2019: 88.5%                                 2019: 11.5%

                      18 to 29 Years           14.8%              13.5%

Age Group             30 to 49 Years           50.2%              68.6%

                   50 Years & Above            35.1%              17.9%

                            Working            85.5%              93.9%
Work Status
                        Not Working            14.5%               6.1%

                                                                                           GREEN/RED indicates that the proportion is
                                                                                           HIGHER/LOWER than the other segment with
                                                                                                    statistical significance.
                                                                                                                                        !44
BUNDLING
Decline in Holding of Multiple Product Types for Broadband & PayTV
                                     (Infocomm: Components of Customer Loyalty)
                                            Mobile Telecom                                     Broadband                                          PayTV

                           8.4                                                                                                                                                15
                                     Repurchase Intention
                                     Price Tolerance
                           8.0                                                                                                                                                12
Ratings (1 to 10 scale)

                                                                                                                                                                                   % Increase In Price
                           7.6                                                                                                                                                9

                           7.2                                                                                                                                                6

                           6.8                                                                                                                                                3

                           6.4                                                                                                                                                0
                                  2016       2017   2018     2019   2020    2016        2017       2018       2019       2020       2016   2017   2018    2019   2020

                          Average Product
                              Holding       1.81    1.73    1.72    1.80                2.30       2.19       2.36       1.63              2.75   2.52    2.93   2.42

                                                                           Note: Product Holding question was only added in 2017.                                       !46
Product Bundling Generally Positively Related To Repurchase Intention
(Infocomm: Others Services Subscribed With Provider & Repurchase Intention)

                            8.0
                                   Repurchase Intention
     Repurchase Intention

                            7.7
        (1 to 10 scale)

                            7.3

                            7.0
                                  One Service Only        One Additional            Two Additional     Three Or More
                                                             Service                  Services       Additional Services

                                               Which of the other services are you subscribed to?

                                                                   Note: Data is unweighted                                !47
Year-on-Year Change in Product Bundling
                                                                                                                                       2019
                                                                                                                                       2020
% Broadband
Respondents

                      47.5%
                                  39.4%
                                                34.1%                                                          32.3%
              25.0%

                                                                                       7.8%
                                                                         2.1%                                            4.1%

              Broadband Only     Mobile & Broadband                    Broadband & PayTV                   Mobile, Broadband & PayTV

                                                                                                               68.9%
                                                                                      60.0%
Respondents
 % PayTV

                                                                                                                         36.0%

              11.4%               10.3%                                  8.8%
                       3.0%                      0.0%
                PayTV Only          Mobile & PayTV                     Broadband & PayTV                   Mobile, Broadband & PayTV
                               ▲▼ Statistically significant year-on-year increase/drop at 90% confidence                                  !48
Unbundling: Decline in Triple Play Customers
                                                                                                                                       2019
                                                                                                                                       2020
% Broadband
Respondents

                      47.5%
                                  39.4%
                                                34.1%                                                          32.3%
              25.0%

                                                                                       7.8%
                                                                         2.1%                                            4.1%

              Broadband Only     Mobile & Broadband                    Broadband & PayTV                   Mobile, Broadband & PayTV

                                                                                                               68.9%
                                                                                      60.0%
Respondents
 % PayTV

                                                                                                                         36.0%

              11.4%               10.3%                                  8.8%
                       3.0%                      0.0%
                PayTV Only          Mobile & PayTV                     Broadband & PayTV                   Mobile, Broadband & PayTV
                               ▲▼ Statistically significant year-on-year increase/drop at 90% confidence                                  !49
Focusing On Service Quality Attributes Remain Key For Infocomm
             (Infocomm Sector: Top 5 Attributes with Impact on Quality & Loyalty)

                              Mobile Telecom                                        Broadband                                           PayTV

                        Quality                  Loyalty                  Quality                 Loyalty                 Quality                Loyalty

                                                                                          Products and services      Makes the effort to
                    Provides prompt          Provides prompt       Has your best interest                                                   Makes the effort to
                                                                                          are clear and easy to       understand your
                         service                  service                at heart                                                          understand your needs
                                                                                               understand                 needs

                                              Makes you feel          Makes you feel
                  Has your best interest     assured that your       assured that your                                Provides prompt        Provides efficient
                                                                                              Good reputation
                        at heart            needs will be taken     needs will be taken                                    service                service
                                                  care of                 care of
Increasing           Makes you feel
                                                                   Products and services
                                                                                               Makes you feel                                 Makes you feel
 Positive           assured that your      Proactively helps you                              assured that your       Provides efficient     assured that your
                                                                   are clear and easy to
                   needs will be taken         when needed                                   needs will be taken           service          needs will be taken
  Impact                                                                understand
                         care of                                                                   care of                                        care of

                                           Products and services
                    Loyalty & rewards                                Provides efficient     Has your best interest                         Has your best interest
                                           are clear and easy to                                                      Good reputation
                        program                                           service                 at heart                                       at heart
                                                understand

                                            Makes the effort to                                                                             Range of channel
                     Innovative and                                  Provides prompt        Proactively helps you    Loyalty & rewards
                                             understand your                                                                               packages to meet my
                     forward-looking                                      service               when needed              program
                                                 needs                                                                                            needs

                                                  Legend:    Service Quality        Brand             Product        Loyalty Program
                                                                                                                                                                    !50
CSISG 2020 Q1 RESULTS
RETAIL SECTOR
Change to Online Data Collection Methodology for Retail Sector
                 (For Info-communication Sector Local Respondents)
                 Singapore citizens and PRs were interviewed at their homes.
                 Homes are selected from a random address listing that matches the housing
                 profile of Singapore resident population.

                 (For Wireless@SG Sub-sector Tourist Respondents only)
                 Departing tourists were interviewed at Changi Airport.

                 (For Retail Sector Local Respondents)
                 Singapore citizens and PRs were asked to complete an online survey.
                 Respondents were randomly selected from a nationally representative online
                 panel.
                 Each respondent answers up to 21 CSISG questions and about 25 industry-
                 specific attribute/touchpoint questions about the company/brand they had
                 recent experiences with. Each respondent evaluates only 1 company/brand.

                 Typically 50-200 respondents per company would have answered the CSISG
                 questionnaire.
                                                                                              !52
Impact of Change In Survey Methodology (ISE Whitepaper)
ISE conducted two pilot studies to understand how a change in survey mode, from an interviewer administered face-to-face
survey, to an online data collection methodology, might impact CSISG dimensions scores, and the demographic
representativeness of respondents.
                                                                                    SUMMARY OF DIFFERENCES
Study Focus            Sub-sector                         (Online Self Administered Surveys vs Interviewer Administered Face-to-Face Surveys)
                                                                CSISG Dimensions                                             Demographic Profiles

                                           • Differences in all scores
                           Banks           • Lower scores in most areas                                  • Differences in 13 out of 15 sub-profiles observed
                                           • Higher complaint rates observed

Low Incidence           Credit Card                                                                      • Differences in 14 out of 15 sub-profiles observed
 Sub-Sectors
  (Pilot 1)                                • Differences in all scores
                      Life Insurance       • Lower scores in all areas                                   • Differences in 8 out of 15 sub-profiles observed
                                           • Higher complaint rates observed
                    Health & Medical
                                                                                                         • Differences in 11 out of 15 sub-profiles observed
                       Insurance
                                           •   Differences in 3 out of 6 scores
                           MRT             •   Higher scores in two areas                                • Differences in 8 out of 15 sub-profiles observed
High Incidence
                                           •   Higher complaint rates observed
 Sub-Sectors
                                           •   Differences in 2 out of 6 scores
   (Pilot 2)
                       Public Buses        •   Higher score in one area                                  • Differences in 10 out of 15 sub-profiles observed
                                           •   Lower score in one area
For more details download the white paper at https://ise.smu.edu.sg/sites/ise.smu.edu.sg/files/uploads/CSISG%20Fieldwork%20Methodology%20Whitepaper%2015Jun20.pdf

                                                                                                                                                                    !53
Retail Sector Scores

Product
Quality

           Perceived
                                               Complaints

                                                                    Customer
            Quality

                                                                                                     Perceived
Service
Quality

                           Perceived
                                       CSISG                       Expectations                       Quality                   Perceived Value                        CSISG
                             Value

                                                                   (Predicted Quality
                                                                                                     (After Recent
                                                                     Before Recent
           Customer                             Customer
          Expectations

                                                                                                      Experience)
                                                 Loyalty

                                                                      Experience)

                               e-Commerce                                70.8                            72.3                           71.0                            72.9

                         Fashion Apparels                                72.8                            73.2                           70.7                            72.1

                         Department Stores                               71.8                            72.6                           69.0                            71.2

                               Supermarket                               69.3                            70.2                           68.3                            69.9

                       * Note: No year-on-year change shown due to change in data collection methodology for Retail sector done online with locals only, as opposed to face-to-face
                       interviews with both locals and tourists in 2019.
                                                                                                                                                                                      !54
Retail Sub-Sectors Quality Scores

             Product
             Quality
                         Perceived
                          Quality
                                        Perceived        Perceived       Perceived
             Service
             Quality
                                     Product Quality   Service Quality    Quality

                 e-Commerce              72.2              72.3           72.3

             Fashion Apparels            73.3              73.2           73.2

             Department Stores           72.6              72.6           72.6

                 Supermarket             70.6              69.8           70.2

                                                                                     !55
Retail Company Scores

                    e-Commerce Sub-Sector                             Fashion Apparels Sub-Sector                         Department Stores Sub-Sector                                  Supermarket Sub-Sector
                         CSISG: 72.9                                         CSISG: 72.1                                         CSISG: 71.2                                                 CSISG: 69.9
            Ebay               77.5                                                                                                                             Market Place/
                                                               Adidas              75.6                         Robinsons                77.0                                                      76.5
                                                                                                                                                                   Jasons
         Amazon               75.7
           Zalora             75.7                             Uniqlo              74.6
                                                                                                                     Tangs            73.2                        Cold Storage                   73.0
         Shopee               75.5
                                                              G2000                74.3
            Fave          72.7                                                                          Marks & Spencer               72.3                        Sheng Siong                   70.7
       Aliexpress         72.6                              Giordano             72.1
          Qoo10          70.6                                                                                            OG         70.1                      NTUC FairPrice                    70.3
                                                                 H&M           70.3
    Taobao/Tmall         70.3
                                                                                                                      BHG           70.0                                  Prime             67.9
          Lazada         70.0                              Cotton On         66.3
        Carousell        69.5
                                                       Other                                                 Other
                                                                                 72.4                  Department Stores
                                                                                                                                     70.4                                  Giant           65.6
Other e-Commerce                 80.7             Fashion Apparels

                    50   60     70    80     90                         50    60     70    80     90                          50   60     70    80     90                          50      60      70      80

                              Notes: (1) No year-on-year change shown due to change in data collection methodology for Retail sector done online with locals only, as opposed to face-to-face
                                     interviews with both locals and tourists in 2019.
                                    (2) Entities shown above have samples of N≥50. For Fashion Apparels, due to the fragmented nature of the sub-sector, entities shown have N≥30.                        !56
IMPACT OF COVID-19
e-Commerce & Fashion Apparel Scores Appear to Be Indicatively Higher
During Circuit Breaker
                             e-Commerce                                                                              Fashion Apparels
                                                                    Start of                                                                                Start of
80
               CSISG                                                Circuit                                                                                 Circuit
                                                                    Breaker                                                                                 Breaker
               Customer Loyalty
76

73

                                                                                                                                                                       Respondents
                                                                                                                                                                       mostly omni-
69                                                                                                                                                                       channel
                                                                                                                                                                        customers

66

62

                                                                                       ay

                                                                                                                                                                               ay
                                                                                    M

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                                                          22 8

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       11 2

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           b

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                                         10 6

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                                                                                  18

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     to to

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                        to to

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    n 1

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                       b 3

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                                                                       *1

                                                                                                                                                               *1
                                         *Note: Sample sizes for Week 7 to 8, and the Week of 14 May to 18 May, are smaller
                                           as compared to the previous weeks. Hence score movements are only indicative.                                                            !58
CUSTOMER JOURNEY
Retail Sector: Customer Journey

                                                          Payment Process/
        Pre-Experience   In-store Experience   Products    Post-Experience
Start                                                                        Finish

                                                                                      !60
Payment Process/
                                 Pre-Experience                                                 In-store Experience                                  Products               Post-Experience
    Start                                                                                                                                                                                          Finish

                          • Social distancing                                     • Social distancing within                                 • No samples that require   • Contactless payments
                            for entry to stores                                     stores                                                     physical contact
                                                                                                                                                                         • Contactless pickup of
                          • No mall events                                        • Fitting rooms to be                                      • Individually packed         items at store
                                                                                    disinfected after each use                                 samples upon request or
                                                                                                                                                                         • Flexible exchange
                                                                                                                                               purchase are permitted
                                                                                  • Products tried on by                                                                   policies encouraged
                                                                                    customers should be
                                                                                    sanitised where possible

Sources: (1) https://www.channelnewsasia.com/news/singapore/covid-19-phase-2-dining-retail-shopping-safety-guidelines-12841096
(2) https://www.channelnewsasia.com/news/singapore/covid-19-singapore-retail-shops-gear-up-to-reopen-once-they-get-12780584 (3) ISE Photos                                                          !61
Retail Sub-sectors Attribute Ratings: Pre-Experience

                                                                                                                                               Payment Process/
                           Pre-Experience                              In-store Experience                            Products                  Post-Experience
           Start                                                                                                                                                               Finish

                           Department Stores                                                          Fashion Apparels                                              Supermarkets
                                         2020 Avg Rating                                                        2020 Avg Rating                                             2020 Avg Rating

Information
  Information on productsand
              on products   and                                             Information  on promotions
                                                                                      Information on                                    Ease
                                                                                                                                          Easeofofgetting
                                                                                                                                                   getting to the
                                                                                                                                                              thestores
                                                                                                                                                                  stores
        promotions
      promotions     in adverts
                 in adverts                                                        promotions are
                                                                                               areclear
                                                                                                   clear

Attractiveness
  Attractiveness of promotions
                    promotions                                                                                                           Brand image
                                                                                                                                                Brandcomplements
                                                                                                                                                      image
                                                                            Offersattractive
                                                                          Offers   attractive promotions
                                                                                              promotions                                  complements your  lifestyle
                                                                                                                                                      your lifestyle
                 and discounts
          and discounts

 Brand image
         Brandcomplements
               image                                                                                                                    Attractiveness   of promotions
                                                                                                                                          Attractiveness of promotions
   complements your  lifestyle
               your lifestyle                                                                                                                            and discounts
                                                                                                                                                  and discounts

    Competitiveness of the                                                                                                                  Competitiveness of the
 Competitiveness of the prices                                                                                                           Competitiveness of the prices
                         prices                                                                                                                                  prices

                                6.0            7.0             8.0                                     6.0          7.0           8.0                                 6.0         7.0         8.0

                                                                                                              Attribute Rating
                     denotes attributes with significant positive impact to loyalty score                    (Scale of 1 to 10)                                                               !62
Retail Sub-sectors Attribute Ratings: In-store Experience

                                                                                                                                                                              Payment Process/
                                  Pre-Experience                              In-store Experience                                                Products                      Post-Experience
                Start                                                                                                                                                                                                 Finish

                                   Department Stores                                                                           Fashion Apparels                                                          Supermarkets
                                                                                                                                                2020 Avg Rating
                                                2020 Avg Rating                                              I can try on the                                                                                      2020 Avg Rating
                                                                                             I can try on the products comfortably
                                                                                                         products comfortably                                                         Cleanliness ofof
                                                                                                                                                                                        Cleanliness  store
                                                                                                                                                                                                       store
Product display
   Product      at department
           display             store
                   at department store
                                                                                                              Lighting
                                                                                                       Lighting          is appropriate
                                                                                                                   is appropriate
      Organisation
        Organisation and
                      and orderliness
                           orderliness of                                                                                                                                   Organisation
                                                                                                                                                                             Organisation and
                                                                                                                                                                                           and orderliness
                                                                                                                                                                                                 orderliness of
                                                                                                Staff gives me comfortable
                                                                                Staff gives me comfortable space to shop around                                                  of products   in storein store
            of productsproducts
                         in storein store                                                                                                                                                   products
                                                                                                    space to shop around
                                                                                   Products are Products
                                                                                                   displayedarein adisplayed      in a
                                                                                                                    visually appealing                                   EaseEase   of getting
                                                                                                                                                                              of getting to whatto you
                                                                                                                                                                                                   whatneed
                                                                                                                                                                                                         you in
             Ease oftogetting
    Ease of getting           to need
                       what you   what in                                                                                                                                             need in store
                                                                                                 visually appealing manner       manner                                                                   store
              you need in the the   store
                                store                                                                                                                                             Instore information    onand
                                                                                                                                                                        Instore information  on products
                                                                                           DesignDesign
                                                                                                     of theofstore     is attractive
                                                                                                                the store   is attractive
     Ambience at department
       Ambience              store
                 at department store                                                                                                                                             products and promotions
                                                                                                                                                                                                    promotions
                                                                                                  It is easy to find what
                                                                                 It is easy to find what you are looking for in the                                        Ambience at at
                                                                                                                                                                             Ambience  thethe
                                                                                                                                                                                            supermarket
                                                                                                                                                                                              supermarket
                                                                                           you are looking for in the store         store
                   Helpfulness
                 Helpfulness of of staff
                                 staff                                                                 Staff provides prompt
                                                                                          Staff provides and
                                                                                                           prompt   and quick
                                                                                                                 quick    service service                                             Helpfulness ofofstaff
                                                                                                                                                                                        Helpfulness     staff
            Product
         Product    knowledge
                 knowledge  of of staff
                               staff                                                         Staff knows      the products
                                                                                                      Staff knows    the products well
                                                                                                                                     well
                                                                                                                                                                              Product knowledge
                                                                                                                                                                                 Product         of of
                                                                                                                                                                                         knowledge   staff
                                                                                                                                                                                                       staff
                                                                                                        Staff is approachable
             Instore information
   Instore information           onand
                       on products                                                          Staff is approachable       and personable
                                                                                                             and personable
                            promotions
            products and promotions                                                                                                                                     Availability of staff
                                                                                                                                                                           Availability       when
                                                                                                                                                                                        of staff    needed
                                                                                                                                                                                                 when needed
                                                                                      The store Thehas
                                                                                                     storea has
                                                                                                            pleasant     ambience
                                                                                                                 a pleasant   ambience
      Availability
   Availability    of staff
                of staff    when
                         when    needed
                               needed                                                                                                                                    Ability to accommodate
                                                                                                                                                                            Ability  to accommodate to to
                                                                                                                                                                                                       your
                                                                                                                                                                                                          your
                                                                                         Staff isStaff
                                                                                                  proactive    in offering
                                                                                                       is proactive          help
                                                                                                                    in offering help                                              special requests
                                                                                                                                                                                             special requests
                                       6.0            7.0             8.0                                                              6.0          7.0           8.0                                        6.0         7.0          8.0

                            denotes attributes with significant positive impact to loyalty score                                              Attribute Rating                                                                       !63
                                                                                                                                             (Scale of 1 to 10)
Retail Sub-sectors Attribute Ratings: Products

                                                                                                                               Payment Process/
                      Pre-Experience                              In-store Experience                           Products        Post-Experience
      Start                                                                                                                                                     Finish

                      Department Stores                                                          Fashion Apparels                                   Supermarkets
                                    2020 Avg Rating                                                    2020 Avg Rating                                    2020 Avg Rating

                                                                                                                           Availability ofproducts
                                                                                                                           Availability of products
Availability  ofproducts
Availability of  products                                             Has
                                                                      Has high qualityproducts
                                                                          high quality products

                                                                                                                           Variety of products
                                                                                                                           Variety of  productsthat
                                                                                                                                                  that
                                                                                                                               meet  your your
                                                                                                                                   meet    needsneeds
Variety ofproducts
Variety of  productsthat
                      that                                                The varietyofofproducts
                                                                          The variety     products
    meetmeet
          your your
               needsneeds                                                      interestinterest
                                                                                         me     me
                                                                                                                             Freshness ofproduce
                                                                                                                             Freshness of produce

  Varietyofofbrands
  Variety     brandsthat
                       that                                                                                                  Variety  ofbrands
                                                                                                                             Variety of  brandsthat
                                                                                                                                                 that
                                                                             Has uniqueproducts
                                                                             Has unique products
              interest
       interest you you                                                                                                           interest you you
                                                                                                                                        interest

                           6.0            7.0             8.0                                    6.0      7.0        8.0                            6.0          7.0           8.0
                                                                                                                                                           Attribute Rating
                                                                                                                                                          (Scale of 1 to 10)
                denotes attributes with significant positive impact to loyalty score                                                                                            !64
Retail Sub-sectors Attribute Ratings: Payment Process / Post-Experience

                                                                                                                       Payment Process/
                    Pre-Experience                              In-store Experience                     Products        Post-Experience
      Start                                                                                                                                        Finish

                    Department Stores                                                    Fashion Apparels                              Supermarkets
                                  2020 Avg Rating                                              2020 Avg Rating                               2020 Avg Rating

    PaymentProcess
   Payment  Process                                                       Payment
                                                                           Paymentprocess
                                                                                   process                            Payment
                                                                                                                       Paymentprocess
                                                                                                                               process

ReturnReturn
       and exchange
             and                                                    ReturnReturn
                                                                           and exchange
                                                                                 and                               ReturnReturn and
                                                                                                                          and exchange
  exchange policies
              policies                                                exchange policies
                                                                                 policies                            exchange policies
                                                                                                                                policies

                         6.0            7.0             8.0                              6.0      7.0        8.0                       6.0          7.0           8.0
                                                                                                                                              Attribute Rating
                                                                                                                                             (Scale of 1 to 10)
              denotes attributes with significant positive impact to loyalty score                                                                                 !65
Retail: Top 3 And Bottom 3 Rated Attributes

                         Department Stores         Fashion Apparels                      Supermarket
                                                                                                            How will
                     ** Payment Process                                          ** Ease of getting
                                                Payment process
                                                                                   to the stores           COVID-19
                       Product display          I can try on the
                                                                                   Payment process
                                                                                                          Impact these
                     at department store
                       Organisation and
                                             products comfortably
                                                                                                           attributes?
                         orderliness of               Lighting is
                                                                                Cleanliness of store
                       products in store              appropriate

                                                       ↑ Top 3 Attributes ↑

                                                     ↓ Bottom 3 Attributes ↓

                    ** Attractiveness of
                        promotions                ** Has unique                 Product knowledge
                       and discounts                 products                        of staff
                        ** Brand image
                         complements            Staff is proactive                  Availability of
        ** denotes
                         your lifestyle          in offering help                staff when needed
    attributes with
significant positive ** Competitiveness                                              Ability to
                                              ** Offers attractive                                     Source: https://www.channelnewsasia.com/news/
   impact to loyalty    of the prices                                            accommodate to        singapore/covid-19-phase-2-dining-retail-shopping-
                                                  promotions
              score                                                            your special requests   safety-guidelines-12841096

                                                                                                                                                !66
LEVERAGING ON TECHNOLOGY
Supermarket: Most Frequent Method of Checkout
                                             100%

                 % Supermarket Respondents
                                                           65.6%

                                             50%
                                                                                34.4%

                                              0%
                                                    Counter Staff/ Cashier   Self-checkout

                                                                                             !68
Supermarket: Most Frequent Method of Checkout
                                                  100%

                      % Supermarket Respondents
                                                                65.6%

                                                  50%
                                                                                     34.4%

                                                   0%
                                                         Counter Staff/ Cashier   Self-checkout

                  CSISG Score                                    69.0                71.4              Respondents who
                                                                                                      frequently use self-
    Score                                                                                            checkout have higher
  (0 to 100)                                                                                           loyalty scores and
                  Loyalty Score                                  67.8                73.4            satisfaction rating for
                                                                                                       payment process.

    Rating                                                                                        GREEN/RED score indicates one segment
   (1 to 10)
               Payment Process                                   7.11                7.49         performed BETTER/WORSE than the other
                                                                                                  segment with statistical significance

                                                                                                                                 !69
Supermarket: Checkout Method Preference & Usage
                                                               100%

                                   % Supermarket Respondents
                                                                                54.1%
                                                               50%

                                                                                                            30.4%
                                                                                                                                       15.5%

                                                                0%
                                                                      Preferred & Frequently Used Preferred & Frequently Used   Preferred A Different
                                                                         Counter Staff/ Cashier          Self-Checkout           Checkout Method
                                                                                                                                  Than What They
                                                                                                                                  Frequently Used

                           CSISG Score                                          69.2                         71.9                       67.8
  Score
(0 to 100)
                          Loyalty Score                                         68.1                         74.0                       66.7

 Rating
(1 to 10)
                     Payment Process                                            7.18                         7.60                       6.76

        GREEN/RED score indicates one segment performed BETTER/WORSE than those who preferred & frequently used self-checkout with statistical significance   !70
Supermarkets: Users of Preferred Checkout Method Score Better
                                                                100%

                                    % Supermarket Respondents
                                                                                 54.1%
                                                                50%

                                                                                                             30.4%
                                                                                                                                        15.5%

                                                                 0%
                                                                       Preferred & Frequently Used Preferred & Frequently Used   Preferred A Different
                                                                          Counter Staff/ Cashier          Self-Checkout           Checkout Method
                                                                                                                                   Than What They
                                                                                                                                   Frequently Used

                            CSISG Score                                          69.2                         71.9                       67.8
  Score
(0 to 100)
                           Loyalty Score                                        68.1                         74.0                       66.7
 Rating
(1 to 10)
                      Payment Process                                           7.18                         7.60                       6.76
       GREEN/RED score indicates one segment performed BETTER/WORSE than those who preferred & frequently used self-checkout with statistical significance   !71
Checkout-free Retail by Amazon (US)
WEBROOMING
Department Stores / Supermarkets / Fashion Apparels:
For your recent purchase at Brand X, did you search online for product
information BEFORE making the purchase?

SHOWROOMING
e-Commerce:
For your recent purchase at Brand Y, did you find out more about the
product(s) at a physical store BEFORE making the purchase?

                                                                         !73
Brick & Mortar Webrooming

                        100%
                                         Brick & Mortar Retailers
                               (Department Stores, Fashion Apparel, Supermarkets)
                               Searched product information

        % Respondents
                               online before recent purchase          57.3%
                        50%

                                                     25.9%
                                  16.8%

                         0%
                                Yes, for all         Yes, for     No, I did not
                                the items        selected items

                                                                                                         !74
                                                               Note: Brick & Mortar data is unweighted
Webrooming Customers More Satisfied & Loyal to Brick & Mortar Retailer
      (Webrooming Behavior for Brick & Mortar Sub-Sectors)

                                     100%
                                                      Brick & Mortar Retailers                                                        e-Commerce
                                            (Department Stores, Fashion Apparel, Supermarkets)
                                                                                                                            Searched product information physical
                                            Searched product information

                     % Respondents
                                                                                                                                store before recent purchase
                                            online before recent purchase          57.3%
                                     50%                                                                                                                   41.7%
                                                                                                                                         35.5%
                                                                  25.9%                                                 22.8%
                                               16.8%

                                      0%
                                             Yes, for all         Yes, for     No, I did not                          Yes, for all       Yes, for   No, I did not
                                             the items        selected items                                          the items      selected items

               CSISG Score                    78.7               73.5              68.3                                76.1              73.2               71.4
  Score
(0 to 100)
              Loyalty Score                   77.5               72.7              65.7                                75.5              72.3               69.2

                 GREEN/RED score or rating indicates segment performed BETTER/WORSE than those who did not search for information with statistical significance.
                                                                                                                                                                    !75
                                                                            Note: Brick & Mortar data is unweighted
Webrooming Customers Spend More & More Likely to Return
             (Webrooming Behaviour for Brick & Mortar Sub-Sectors)

                                     100%
                                                   Department Store                                     Fashion Apparels                                    Supermarkets

Searched product                                                                                                                                                               70.0%
                     % Respondents

information online                                                        58.0%
before recent                                                                                                                51.1%
                                     50%
purchase
                                                            25.0%                                              28.5%
                                                                                                20.4%                                                            22.1%
                                             16.9%
                                                                                                                                                    7.9%
                                      0%
                                            Yes, for all   Yes, for   No, I did not            Yes, for all   Yes, for   No, I did not            Yes, for all  Yes, for   No, I did not
                                             the items selected items                           the items selected items                          the items selected items

                 Repurchase
                   Intention                  8.24           7.52          7.20                 8.35           7.83           7.14                 8.31           7.83           7.58
               (Rating 1 to 10)

              Average Spend                  $300           $181            $81                 $302           $177            $69                 $158           $68            $37

                                      GREEN/RED score or rating indicates segment performed BETTER/WORSE than those who did not search for information with statistical significance.      !76
Webrooming Customers Tend to Be Younger & Male
              (Profile of Webrooming Behaviour By Retail Sub-Sectors)
                                      100%           Department Store                          Fashion Apparels                             Supermarkets
Searched product
                      % Respondents
                                                                                                                                                              70.0%
information online                                                         58.0%
before recent                                                                                                        51.1%
                                       50%
purchase                                                      25.0%                                     28.5%
                                                16.9%                                     20.4%                                                  22.1%
                                                                                                                                     7.9%
                                        0%
                                               Yes, for all   Yes, for   No, I did not   Yes, for all   Yes, for   No, I did not   Yes, for all  Yes, for   No, I did not
                                                the items selected items                  the items selected items                 the items selected items

                 18 to 29 Years                25.6%         25.9%         16.9%         29.4%         24.2%         28.5%          19.6%        20.5%        22.8%

      Age
                 30 to 49 Years                65.7%         58.7%         47.6%         66.5%         67.0%         44.9%          59.4%        51.8%        37.1%
     Group

               50 Years & Above                 8.7%         15.4%         35.5%          4.1%          8.8%        26.7%           21.0%        27.6%        40.1%

                                       Male    57.6%         54.7%         38.3%         65.8%         52.3%         35.9%         41.2%         55.3%        45.2%
    Gender
                                      Female   42.4%         45.3%         61.7%         34.2%         47.7%        64.1%           58.8%        44.7%        54.8%

                                                                                                                                                                        !77
Webrooming vs Showrooming

                                   100%
                                                    Brick & Mortar Retailers                                                        e-Commerce
                                          (Department Stores, Fashion Apparel, Supermarkets)
                                                                                                                         Searched product information at physical
                                          Searched product information

                   % Respondents
                                                                                                                              store before recent purchase
                                          online before recent purchase          57.3%
                                   50%                                                                                                                    42.2%
                                                                                                                                       35.8%
                                                                25.9%                                                 22.0%
                                             16.8%

                                    0%
                                           Yes, for all         Yes, for     No, I did not                          Yes, for all       Yes, for   No, I did not
                                           the items        selected items                                          the items      selected items

             CSISG Score                    78.7               73.5              68.3                                76.1               73.2               71.4
  Score
(0 to 100)

             Loyalty Score                  77.5               72.7              65.7                                75.5               72.3               69.2

               GREEN/RED score or rating indicates segment performed BETTER/WORSE than those who did not search for information with statistical significance.
                                                                                                                                                                    !78
                                                                          Note: Brick & Mortar data is unweighted
Showrooming Customer Also Tend to Score Better
      (Webrooming vs Showrooming)
                                   100%
                                                    Brick & Mortar Retailers                                                        e-Commerce
                                          (Department Stores, Fashion Apparel, Supermarkets)
                                                                                                                          Searched product information physical
                                          Searched product information

                   % Respondents
                                                                                                                              store before recent purchase
                                          online before recent purchase          57.3%
                                   50%                                                                                                                   42.2%
                                                                                                                                       35.8%
                                                                25.9%                                                 22.0%
                                             16.8%

                                    0%
                                           Yes, for all         Yes, for     No, I did not                          Yes, for all       Yes, for   No, I did not
                                           the items        selected items                                          the items      selected items

             CSISG Score                    78.7               73.5              68.3                                76.1               73.2              71.4
  Score
(0 to 100)

             Loyalty Score                  77.5               72.7              65.7                                75.5              72.3               69.2

               GREEN/RED score or rating indicates segment performed BETTER/WORSE than those who did not search for information with statistical significance.
                                                                                                                                                                  !79
                                                                          Note: Brick & Mortar data is unweighted
Retail Transformation: Moving Further Into Digital
                                                                            Sephora
                                                                      Virtual Consultation

           CapitaLand Malls
            Online Platform
              for Tenants

             iShopChangi                             Sources:
            Online Platform                          (1) https://ishopchangi.com/en/home
                                                     (2) https://www.straitstimes.com/business/companies-markets/capitaland-to-
              for Tenants                                launch-online-shopping-and-food-ordering-platforms-on-june
                                                     (3) https://www.sephora.sg/beauty-services/virtual-beauty-consultation
                                                     (4) https://www.scmp.com/business/article/3081454/live-streaming-sales-
                                                         prove-lifeline-chinas-small-retailers-coronavirus
                                                     (5) https://www.capgemini.com/2020/04/preparing-for-tomorrow-touchless-
                                 Live-Streaming          retail-chinas-new-way-to-shop/#

                                  Virtual Sales

                                                                                                                             !80
Retail Sector: Top 5 Drivers of Loyalty

                  Department Stores                   Fashion Apparels                  Supermarkets                      e-Commerce

                   Information about the
                                                   Products are displayed in a                                      Variety of products that meet
                products and promotions in                                        Return and exchange policies
                                                   visually appealing manner                                                  your needs
                      advertisements

                 Brand image complements
                                                    Has high quality products     Ease of getting to the stores     Return and exchange policies
                        your lifestyle

Increasing
  Positive       Ease of getting to what you         Variety of products that      Brand image complements          Attractiveness of promotions
   Impact             need in the store                    interest you                   your lifestyle                and discounts offered

                                                                                  Organisation and orderliness
                Competitiveness of the prices         Has unique products                                                Security of website
                                                                                      of products in store

                                                                                                                    Ease of finding the products
               Ambience at department store        Offers attractive promotions       Helpfulness of staff
                                                                                                                              you need

                                         Legend:     Pre-Experience    In-Store       Product     Post-Experience                                   !81
Take Note of e-Commerce Key Drivers of Loyalty When Going Online
             (Retail Sector: Top 5 Drivers of Loyalty)

                    Department Stores                   Fashion Apparels                 Supermarkets                       e-Commerce
                     Information about the
                                                     Products are displayed in a                                      Variety of products that meet
                  products and promotions in                                        Return and exchange policies
                                                     visually appealing manner                                                  your needs
                        advertisements

                   Brand image complements
                                                      Has high quality products     Ease of getting to the stores     Return and exchange policies
                          your lifestyle

Increasing
  Positive         Ease of getting to what you         Variety of products that      Brand image complements          Attractiveness of promotions
   Impact               need in the store                    interest you                   your lifestyle                and discounts offered

                                                                                    Organisation and orderliness
                  Competitiveness of the prices         Has unique products                                                Security of website
                                                                                        of products in store

                                                                                                                      Ease of finding the products
                 Ambience at department store        Offers attractive promotions       Helpfulness of staff                    you need

                                           Legend:     Pre-Experience    In-Store       Product     Post-Experience                                   !82
Key Takeaways

Infocomm Sector
 • Marginal decline in satisfaction and decline in service-related metrics.
 • Challenges: Customers appear more price sensitive, Broadband and PayTV customers
   unbundling their services. OTT subscribers rate their PayTV providers poorer.
 • Moving forward: Apart from improving product offerings, focus on service quality.

Retail Sector
• Insights: Webrooming and Showrooming customers are more satisfied, loyal and spend
  more. Self-checkout customers also more satisfied and loyal.
• Moving forward: Leverage on technologies such as self-checkout and omni-channel
  platforms to redesign customer experience in a post-COVID world.

                                                                                       !83
ISE Industry Forum
CSISG 2020 Q1 Results Announcement

RETAIL AND
INFO-COMMUNICATIONS RESULTS
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