Sheba Nandkeolyar, Co-Founder & CEO at MultiConnexions, presented on Speaking to 'New Audiences': Personalising Messages for Multicultural Australia at CommsCon
3. TODAY’S CONVERSATION
1. New audiences – who are they?
2. Future new audiences
3. Are ‘new’ audiences different from ‘mainstream’
audiences?
4. Personalising messages
5. NEW AUDIENCES
A new
migrant/audience
arrives in Australia
EVERY
1 MINUTE
260
languages
are spoken in
Australia
47%
of current
population were
either born
overseas or have
at least one
parent
born overseas
Over
11 million
migrants
have adopted
Australia
as their new
home
Sources: Census 2011 & ABS: Current
6. NEW AUDIENCES
30%
of Australians are
born overseas
7.2 million
are multicultural!
NEW
AUDIENCES
Sources: Census 2011 & ABS: Current
MCX Lifestyle Survey & Data
Bernard Salt (Demographer & KPMG Partner)
7. NEW AND RAPIDLY GROWING
Projected growth rates
Sources: Census 2011 & ABS: Current
MCX Lifestyle Survey & Data
Bernard Salt (Demographer & KPMG Partner)
McNair Research
Chinese and South Asians account for
18% of the population by ancestry
13
%
13
%
27%27%
Australian Chinese South Asian
2%2%
8. Purchasing power of over
$27 billion+
among Chinese & South Asians
Chinese and South Asians are the biggest spenders today.
Purchasing power of over
$100 billion+
Multicultural audiences
SPENDING POWER
Sources: Census 2011 & ABS: Current
MCX Lifestyle Survey & Data
Bernard Salt (Demographer & KPMG Partner)
McNair Research
9. Sources: Bernard Salt (Demographer & KPMG Partner)
Tourism Australia Statistics
WHERE DO THEY LIVE?
Metro-centric and suburb wise clustering
10. ADDED BONUS: MILLIONAIRE MIGRANTS
Source: Times of India
INDIA
CHINA =
= 4000 Millionaires
moved in 2015
9000 Millionaires
moved in 2015
Australia TOPPED the chart as the first-choice destination for Millionaire Migrants
from China and India. Australia welcomed 8000 Millionaire Migrants in 2015.
12. KEY NEW AUDIENCES 2020
Chinese and South
Asians to account for
22%
of Australian
population
Sources: Census 2011 & ABS: Current
MCX Lifestyle Survey & Data
Bernard Salt (Demographer & KPMG Partner)
Chinese ad South Asians are key
to increasing market share and revenue
13. NEW AUDIENCES 2051
#
Projections based on fertility rate, Net Overseas Migration and Life expectancy at birth
* ABS Projections based on fertility rate, Net Overseas Migration and Life expectancy at birth
* Bernard Salt (Demographer & KPMG Partner)
Source: ABS
21 million migrants will be added to Australia’s population by 2051
14. NEW AUDIENCES 2051
28.7 million
new/ migrant
audiences
Chinese and South Asians to account for
50%
of Australian population
NEW
AUDIENCES
Sources: Census 2011 & ABS: Current
MCX Lifestyle Survey & Data
Bernard Salt (Demographer & KPMG Partner)
Asians (incl. South Asians) will be the dominant
audience segment in years to come.
15. MULTICULTURAL IS THE NEW DIGITAL
THE
MULTICULTURAL
DIVIDEND
MULTICULTURAL WILL BE THE WINNING
STRATEGY FOR MARKETERS
17. YES AND NO
They laugh…
They cry…
They love their family…
They believe in education…
They love holidays…
They build for their future…
But the cultural drivers are different