Consumer Electronics Ownership, Spending in Brazil Ranks Highest Among 8 Countries; Tops China, Germany and the U.S.
Brazilians have the highest consumer electronics ownership and spending in 15 product categories. More than half (55 percent) of Brazilian consumers bought a mobile phone during the past year, compared to the international survey average of 32 percent, according to Accenture research across eight countries.
Similarly, 40 percent of Brazilian consumers plan to buy HDTVs this year compared to 25 percent internationally; and 20 percent intend to buy 3DTVs this year compared to 12 percent internationally.
Brazilian consumers are outpacing the rest of the world’s consumers in electronics usage and spending”, said Petronio Nogueira, senior executive with Accenture’s Communications and High-Tech Group. Now as never before, Brazil has become a global epicenter for consumer electronics business opportunities”.
Consumers in Brazil also posted the highest percentages of mobile phone ownership (89 percent), DVDs (79 percent), TVs (69 percent) and netbooks (32 percent) of consumers in the survey. They also ranked the highest among all countries in the purchase of HDTVs (28 percent), digital photo cameras (28 percent), netbooks (19 percent), global positioning satellite systems (GPS) (15 percent), portable music players (12 percent) and game consoles (12 percent). This same group ranked highest overall in purchases of GPS systems (18 percent) and game consoles (8 percent).
Enthusiasm among Brazilians for consumer electronics devices in the workplace is especially intense among 18-to-27 year olds — the Millennial” generation. Two-thirds (66 percent) of 18-to-22 year olds expect to use their consumer devices of their own choice at work””a higher percentage than Millennials in Belgium, France and the Netherlands.
Despite the strong demand, there are challenges in the Brazilian retail channel. Only 38 percent of Brazilians hold a favorable impression of their communications service providers based on their experiences in the providers’ retail stores – well below the international average of 55 percent, according to the Accenture survey.
Only 22 percent rated providers as performing well” or very well” in the speed of services in the store”; and a mere 20 percent rated them as performing well or very well in providing them with the opportunity to try products in the store.”
Yet Brazilians highly value the retail experience. Sixty percent indicated the quality of the store experience is a major factor in their decision to do business with a particular provider. By contrast, an international average of only 38 percent cited this as a major factor.
Brazilian companies are on par with firms in other countries in their use of customer analytics for marketing, sales and customer services. But these firms have room for advancement in using such analytics for pricing, delivery and new product development.
Only 9 percent of Brazilian executives use data from third-party providers”” lowest among the countries surveyed by Accenture, which also included Canada, China, Germany, Italy, Ireland, Japan, Spain, the United Kingdom and the United States; and a mere 12 percent use input from social media channels””again the lowest percentage among executives surveyed.
By TelecomLead.com Team
