|
|
 |
|
|
Private Label Cards Opportunities and Challenges in Asia Pacific by Bharat Book Bureau
|
|
|
Private Label Cards Opportunities and Challenges in Asia Pacific |
|
|
|
|
|
Business
|
|
|
Private Label Cards Opportunities and Challenges in Asia Pacific PLC have emerged as a lucrative investment tool for a range of organizations and retail stores in Asia-Pacific. The PLC sector has recorded substantial growth over the last five years across key markets, although it is still in a nascent stage in comparison with the overall cards and payments industry. The growth is currently being driven by prepaid cards, and this is expected to continue over the coming five years. Taking its cue from western counterparts, with the exception of a few markets, the sector in the Asia-Pacific region has maintained a safe distance from private-label credit instruments. Prepaid cards, mainly led by gift cards, will help the PLC sector to expand in Asia-Pacific. Retail and phone, and transit – two of three key end markets – are heavily dependent on prepaid cards for revenue generation. Fuel and fleet – the third key market – is also investing in prepaid cards for individual consumers, as the number of personal vehicles on the road has grown significantly in the last five years due to rising income levels and urban expansion. The number of issuers offering credit cards, however, will continue to fall as risk levels rise and the number of customers choosing them falls. Retailers have started to use analytics to their advantage, and the structures use of customer information has enabled them to develop effective strategies, such as exclusive offers tailored for particular cardholders for important occasions in their lives. This not only increases sales potential but also builds a strong customer relationship. Issuers are also extending the benefits of analytics to their customers. The PLC sector in the Asia-Pacific region is targeting specific consumer markets on the basis of their attitude and behavior. There is a strong focus on targeting premium consumers with a greater affinity towards lifestyle and fashion products. However, the food and leisure sectors have also emerged as favorites in the sector, while issuers such as Woolworths are looking to attract budget-conscious buyers. Reasons to buy • Gain an overall knowledge of the industry structure and competitive landscape in such countries as Singapore, Australia and China. • Understand the market by reading through an analysis of the consumer segmentation and product strategies by end market. • Get ahead of your competitors by understanding their sales and distribution strategies. Table of Contents 1 Executive Summary 2 Private-Label Card Sector Dynamics 2.1 Sector Dynamics of Private-Label Cards in Asia-Pacific 2.2 Benefits, Risks and Challenges 2.2.1 Benefits 2.2.2 Risks and challenges 2.3 Market Potential of Closed-Loop Prepaid Cards 2.3.1 Singapore 2.3.2 Australia 2.3.3 Hong Kong 2.3.4 China 2.3.5 India 3 Industry Structure and Competitive Landscape 3.1 Singapore 3.2 Australia 3.3 Hong Kong 3.4 China 3.5 India 4 Consumer Segmentation and Product Strategies by End Market 4.1 Product Strategies 4.1.1 Fuel and fleet 4.1.2 Retail 4.1.3 Transit System 4.2 Consumer Segmentation and Targeting 4.2.1 Fuel and fleet 4.2.2 Retail 4.2.3 Transit system 5 Sales and Distribution Strategies 5.1 Direct 5.2 Online 5.3 Partnerships and Collaborations 5.4 Postal Services 6 Appendix 6.1 Methodology 6.2 Background 6.3 Contact Timetric 6.4 About Timetric 6.5 Disclaimer List of Tables Table 1: Singapore – Closed-Loop Prepaid Cards in Circulation (Thousands), 2008–2017 Table 2: Australia – Closed-Loop Prepaid Cards in Circulation (Thousands), 2008–2017 Table 3: Hong Kong – Closed-Loop Prepaid Cards in Circulation (Thousands), 2008–2017
Related Articles -
Asia Pacific, Private Label Cards, market research reports, market forecast,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
|
|
|
|
SHALINI MITTAL
A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
JAMES KENNY
James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
|
|
|
|
