excerpt: “A Google survey of Singaporean financial research and purchasing habits has found that nearly three out of four or 70 per cent the island state’s residents go online to research financial products and services that interest them...With the current economic uncertainty, financial institutions should enhance their online presence and digital marketing efforts to find new customers and strengthen current customer relationships in today’s cost-conscious consumer environment, said Lori Sobel, head of sales for Google Southeast Asia.

“… At a time when most of their potential customers are researching financial products on the Internet, companies cannot risk missing out on the opportunity to convert them into clients.”

source: “More Singaporeans going online to become finance-savvy.” Digital Media. 24 Oct. 2008

Author: jeff

Jeff Chester is executive director of the Center for Digital Democracy. A former journalist and filmmaker, Jeff's book on U.S. electronic media politics, entitled "Digital Destiny: New Media and the Future of Democracy" was published by The New Press in January 2007. He is now working on a new book about interactive advertising and the public interest. View all posts by jeff