Rakuten Insight in the Philippines, the 75 percent of respondents aged 16 to 24 years stated that reducing the price to make smart speakers more affordable would convince them to buy a smart speaker. In the same survey, about 66 percent said that they would not purchase a smart speaker because it was too expensive.
According to a survey conducted by Motivations for purchasing smart speakers among consumers in the Philippines as of December 2019, by age group
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Rakuten Insight. (February 12, 2020). Motivations for purchasing smart speakers among consumers in the Philippines as of December 2019, by age group [Graph]. In Statista. Retrieved February 27, 2021, from https://www.statista.com/statistics/1100770/philippines-main-motivations-for-buying-smart-speakers-by-age-group/
Rakuten Insight. "Motivations for purchasing smart speakers among consumers in the Philippines as of December 2019, by age group." Chart. February 12, 2020. Statista. Accessed February 27, 2021. https://www.statista.com/statistics/1100770/philippines-main-motivations-for-buying-smart-speakers-by-age-group/
Rakuten Insight. (2020). Motivations for purchasing smart speakers among consumers in the Philippines as of December 2019, by age group. Statista. Statista Inc.. Accessed: February 27, 2021. https://www.statista.com/statistics/1100770/philippines-main-motivations-for-buying-smart-speakers-by-age-group/
Rakuten Insight. "Motivations for Purchasing Smart Speakers among Consumers in The Philippines as of December 2019, by Age Group." Statista, Statista Inc., 12 Feb 2020, https://www.statista.com/statistics/1100770/philippines-main-motivations-for-buying-smart-speakers-by-age-group/
Rakuten Insight, Motivations for purchasing smart speakers among consumers in the Philippines as of December 2019, by age group Statista, https://www.statista.com/statistics/1100770/philippines-main-motivations-for-buying-smart-speakers-by-age-group/ (last visited February 27, 2021)