According to a survey on social media influencers conducted by Rakuten Insight in May 2023, approximately 58 percent of Singaporean respondents stated that they would pay the same price as a similar product for an influencer collaboration product. The same survey found that the majority of Singaporean respondents had purchased an item or product because it had been endorsed by an influencer.
Acceptable price range for influencer collaboration products in Singapore as of May 2023
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Rakuten Insight. (June 12, 2023). Acceptable price range for influencer collaboration products in Singapore as of May 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1202647/singapore-willingness-to-spend-on-influencer-collaboration-products/
Rakuten Insight. "Acceptable price range for influencer collaboration products in Singapore as of May 2023." Chart. June 12, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1202647/singapore-willingness-to-spend-on-influencer-collaboration-products/
Rakuten Insight. (2023). Acceptable price range for influencer collaboration products in Singapore as of May 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1202647/singapore-willingness-to-spend-on-influencer-collaboration-products/
Rakuten Insight. "Acceptable Price Range for Influencer Collaboration Products in Singapore as of May 2023." Statista, Statista Inc., 12 Jun 2023, https://www.statista.com/statistics/1202647/singapore-willingness-to-spend-on-influencer-collaboration-products/
Rakuten Insight, Acceptable price range for influencer collaboration products in Singapore as of May 2023 Statista, https://www.statista.com/statistics/1202647/singapore-willingness-to-spend-on-influencer-collaboration-products/ (last visited November 21, 2024)
Acceptable price range for influencer collaboration products in Singapore as of May 2023 [Graph], Rakuten Insight, June 12, 2023. [Online]. Available: https://www.statista.com/statistics/1202647/singapore-willingness-to-spend-on-influencer-collaboration-products/