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CASE STUDY

iHerb's Market Adaptation in Singapore & Malaysia

Learn how iHerb used market research to refine strategies in Singapore and Malaysia’s health sector.

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iHerb Logo

Use Case

Understand local consumer habits, preferences, and demands in Singapore and Malaysia, and evaluate iHerb's competitive standing in the health and wellness market.

Industry

e-commerce

Region

Singapore, Malaysia

The Challenge

Adapting to Changing Consumer Needs in Health & Wellness

iHerb, an online retailer of nutritional supplements, needed to better understand the changing consumer behaviors in Singapore and Malaysia, especially changes influenced by the health events of 2020. It was crucial for them to align their products and marketing with local consumer expectations.

The Solution

Gathering Key Consumer Insights

iHerb partnered with Standard Insights to conduct a market research study, focusing on consumer habits, preferences, and perceptions regarding health supplements, and assessing iHerb’s market positioning.

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Research Methodology

To ensure precise and relevant findings, our online survey was specifically targeted at regular health supplement buyers. We conducted the survey across a broad audience and concluded it once we reached 250 active purchasers from Singapore and Malaysia. This approach ensured that every respondent was directly engaged in the supplement market, providing us with high-quality insights into several critical areas such as:

  • Buying behaviors and preferences.
  • Access challenges to health supplements.
  • Key factors influencing purchase decisions.
  • Views on health and lifestyle.
  • Brand awareness and market reach.
  • Obstacles and motivations for buying internationally.
  • Preferred sources for health supplement information.

This method offered detailed insights into consumer preferences and market trends.

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The Results

Using Insights to Improve Market Strategy

The study provided iHerb with crucial insights, helping them refine their marketing and customer engagement strategies. Notable changes included:

  • Tailoring marketing efforts to resonate more with local consumers.
    Enhancing the online shopping experience to meet identified consumer needs and preferences.
    Strategically positioning products to tap into current health and wellness trends.
    These insights were crucial for iHerb to adjust their approach to better meet the needs of consumers in Singapore and Malaysia, thus improving their market position and customer satisfaction.

 

This case study highlights the value of targeted market research in developing effective business strategies in a competitive market.

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