Question:
Mr Melvin Yong: To ask the Minister
for Trade and Industry (Industry) in view of the prevalence of online shopping
portals, whether the annual Great Singapore Sale spearheaded by the Singapore Tourism
Board is still relevant.
Written reply
- The retail industry has been
undergoing disruption and change worldwide, with evolving consumer preferences
and the increasing prevalence of e-commerce. Singapore’s retail landscape has also
experienced similar shifts.
- The Great Singapore Sale (GSS),
which is a marketing campaign organised annually by the Singapore Retailers’ Association
(SRA) and supported by the Singapore Tourism Board (STB), needs to evolve in
response to changes in the retail landscape, where shoppers have many more
opportunities than before to obtain deep discounts on attractive merchandise.
- To enhance the retail
industry’s vibrancy, we had worked with industry stakeholders to develop the
Retail Industry Transformation Map, launched last September. One key strategy
is the need to foster the growth of a vibrant mix of highly-productive
retailers, who can reach out to different consumer groups online and offline. With
e-commerce becoming an important catalyst of the retail industry’s growth,
traditional brick-and-mortar retailers need to adopt online strategies to reach
out to more tech-savvy consumers both locally and internationally.
- Likewise, the GSS also stands
to benefit if it builds an online presence amidst the shifting retail landscape,
complementing its usual offline marketing efforts. It is encouraging that
SRA commissioned the GoSpree mobile application for GSS 2017,
which connects consumers to exclusive shopping bargains not only from
established retailers, but also emerging local brands. Many retailers promoted their
in-store deals via the application, which has a geo-tagging function that
allows e-coupons and deal alerts to be sent to shoppers near participating
stores.
- Over the years, the GSS has
made an impact on the retail calendar, and built mindshare amongst local and
international shoppers. STB will continue to work with SRA to update and
refresh the GSS. We are considering how to further leverage technology to
strengthen consumer outreach. At the same time, the GSS also has potential to
be reinvented as a lifestyle event going beyond shopping, through collaboration
with the dining and entertainment sectors. Some local attractions and hoteliers
had listed promotions on the GoSpree application this year, and we hope to
bring more onboard in the coming years.