Singapore, 30 July 2007 - www.hardwarezone.com®, an online portal set up by Hardware Zone Pte Ltd ("Hardware Zone"), a wholly-owned subsidiary of SPH Magazines Pte Ltd, gets the vote for being the benchmark for technological reviews.
An in-house survey was conducted by www.hardwarezone.com® to determine readership demographic and to evaluate the intensity of usage with regards to technological reviews. The survey will help to determine the extent of which these reviews influence their purchasing decisions of technological products.
Conducted between January and March of 2007, the survey was done with 5,000 readers from Singapore, Malaysia, Philippines, Thailand, Indonesia and Australia. 30 questions ranging from content suitability, news timeliness, and quality of community services to pre-purchase decisions, post-purchase decisions and the effectiveness of www.hardwarezone.com® as a content platform, were carefully and constructively posed to all who were surveyed. Hence every aspect determining the purchasing decisions was properly covered.
Lim Chuan Jer, General Manager of Hardware Zone said, "This is the first time such an extensive survey has been conducted on a regional scale. The objective is to allow us to have a better understanding of our readers and their needs. Gone are the days where media owners are kings. Today, with user-generated-content and citizen journalism in abundance, media owners need to be very eagle-eyed about their content and services offerings.
"More importantly, in our context, we need to maintain the value link between readers and brand owners. We need to empower readers with relevant information for their purchase decisions. We need to ensure our wide variety of content and services stays relevant to the readers´ needs. Similarly, only when we have a good understanding of our readers, can we give valuable feedback to brand owners. Only with that, are we truly connecting IT to you." added Dr Jackie Lee, CEO of Hardware Zone.
Many findings are drawn from this survey. Here are some of the findings highlighted:
Early Adopters surf www.hardwarezone.com®
The survey, showed that about 87% of the readers of www.hardwarezone.com® are technology early adopters. They have been consulted by friends or family with regards to the purchasing of technological gadgets or accessories. Their opinions are highly regarded by their peers as they are seen as well-versed and savvy with technology. What influences the views of these technology early adopters will magnify across the market.
www.hardwarezone.com® influences purchase decisions
The survey shows that the reviews produced by www.hardwarezone.com® do influence purchase decisions of her readers. If a product was given a good rating or issued an award by www.hardwarezone.com®, consumer confidence for that particular product will be high, and that could eventually translate to actual purchases being made. Readers also turn to fellow members within www.hardwarezone.com® forums for both purchase and technical advice. They identify the fact that they can tap into the vast technical knowledge and experience of forum members for reliable opinions.
The survey also shows that 74% of the respondents are influenced by www.hardwarezone.com® reviews in their purchase decisions while 83% indicated that a good www.hardwarezone.com® rating or award will increase their confidence in the product. 60% were influenced by www.hardwarezone.com® First Looks for their decision making. Finally, over 85% of them seek further opinions from www.hardwarezone.com® online forum groups.
Online Information Preferred
Another interesting finding is that a large percentage of respondents regularly use the internet to get IT advice, be it in the form of reviews or online forums. With the growing availability of the Internet, consumers have all the resources they need to make more informed decisions.
Consumer Spending Behaviour Revealed
It was also found that more than 44% of the participants had a purchase cycle of 3 to 6 months. This shows that the spending power of this group is high as their consumer spending behaviour is renewed every 3 to 6 months.
With such a high percentage of www.hardwarezone.com® readers being technology early adopters and consumers with high spending power, this market group is one not to be regarded lightly. Considering their high influence in the purchasing decisions of their peers, their favourable purchase cycle and together with the fact of them being readers of www.hardwarezone.com® at the same time, this shows that www.hardwarezone.com® commands an audience that can create the right market buzz for new products in the consumer retail space. www.hardwarezone.com® has shown that it is an ideal platform for exposing new products to this influential crowd.
For more information and a complete breakdown of the survey report, please visit advertising.hardwarezone.com.
What the Industry Says About www.hardwarezone.com®
The findings of the survey are strong testaments to the strings of awards and accreditations enjoyed by www.hardwarezone.com® over the years. Among those were Marketing-Interactive.Com, Digital Life, and Nielsen/NetRatings Market Intelligence.
June 28th, 2007, Marketing-Interactive.Com
- www.hardwarezone.com® enjoyed a slightly stronger local than foreign fan base, garnering 62 votes from respondents from companies of local origin against 54 votes from respondents from companies of foreign origin, with 37.56% of the former respondents ranking www.hardwarezone.com® in the top three places
- Client-side CEOs gave more votes to www.hardwarezone.com® than Cnet.com
- More than twice the number of those with regional responsibilities cast in their votes for www.hardwarezone.com® than those with local responsibilities
- www.hardwarezone.com® attained a comfortable 1st ranking from the majority of respondents all around
- www.hardwarezone.com® was more popular with agencies than clients, hauling in more votes from agencies than cnet.com
- By industry group, www.hardwarezone.com® was most popular with advertising agency creative and media buying professionals
- www.hardwarezone.com® held strong across all job functions in the agency-side
More information can be found at http://www.marketing-interactive.com/news/1580.
June 13th, 2007, Digital Life
- www.hardwarezone.com® has shown that it is the leader of the pack online, winning three awards from Hitwise for the period of January to March of 2007: Internet - Hardware, News and Media - IT, Computer and Internet - Net Communities & Chat
- The site has grown in popularity with the number of visits increasing to 4.73 million between January and March of 2007, registering more than 25% increase from the same time period last year
More information can be found at http://advertising.hardwarezone.com/blog/wp-content/uploads/2007/06/digitallife_hwztopsonline.jpg.
Hardware Zone Pte Ltd
Tel: +65 6872-2725 ext 813
Fax: +65 6872-2724
About SPH Magazines Pte Ltd
A leading publisher in Singapore and the region, SPH Magazines Pte Ltd is a wholly-owned subsidiary of media giant Singapore Press Holdings Limited.
With a proven track record for sterling editorial content & award-winning designs, SPH Magazines raises the bar as a dynamic magazine publisher. In its stable are over 90 titles in English and Chinese, covering lifestyle, fashion, beauty, society, bridal, health, men´s lifestyle, movies, automobile, parenting, decor, new media and business. All the newsstand publications, including flagship title Her World, and other well-known titles such as Female, The Peak, Home and Decor, Nuyou, Torque, HWM and GameAxis are among the highest-circulating titles and best-read in their respective lifestyle category.
In addition, an established editorial unit provides excellent custom publishing services to major corporate clients by producing custom lifestyle magazines, newsletters and other collateral to meet their business needs.
With a vision to continue growth regionally, SPH Magazines is set to become Asia´s publishing powerhouse. It has editorial offices in China, Thailand, Malaysia and Indonesia. Magazines in its fold have achieved strong market presence in their respective sectors, as well as distinguished track records and solid reputations.
About Hardware Zone Pte Ltd
As the leading IT media company in Asia, Hardware Zone Pte Ltd is a provider of marketing channels and services to the information communications, technology and interactive entertainment industry. Hardware Zone Pte Ltd publishes prolific IT magazine titles across Asia, namely HWM, GameAxis® Unwired and PHOTOVIDEOi®, operating in Singapore, Malaysia, Thailand, Philippines, Indonesia and Australia along with popular online portal www.hardwarezone.com® which has to date, a monthly viewership of more than 35 million page impressions. Capitalising on its editorial strength and creative marketing strategies, Hardware Zone Pte Ltd offers to marketers integrated media solutions and effective reach to IT consumers via our magazines, Internet products, research, direct marketing services, education and training, as well as events management.