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HOME APPLIANCES CATEGORY. Most Trusted Brand. Survey Report. February 2009 Wave. Background. Brands’ income comes from the customers-so, brands must provide what they think is of value to the customers. It sounds obvious, yet very few brands do it well.

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home appliances category

HOME APPLIANCES CATEGORY

Most Trusted Brand

Survey Report

February 2009 Wave

background
Background
  • Brands’ income comes from the customers-so, brands must provide what they think is of value to the customers. It sounds obvious, yet very few brands do it well.
  • The goal of branding is to build, maintain, and enhance relationship between brands and consumers. Relationship building is a powerful means of creating and sustaining competitive advantage. Sustainable relationship involves trust as its main ingredient. Therefore, brands must build a relationship of trust with their customers. Trust as a critical element in relationship is the focus of this survey.
  • The Most Trusted Brand survey is an attempt to track the strength of brands relationships with their consumers. It is expected that results from the tracking would enable an environment of continual learning, continual improvement and innovation for the brand owners.
slide3

It is expected that it would stimulate a new way to think- seeing the customer’s input in this survey as a gift, and new knowledge that can be used to better brand planning and achieve competitive advantage. The results would serve as a reminder for the brand owners to build on-going relationships by keeping their promises and building trust.

  • As a contribution to strong brand management initiatives in Nigeria, BrandHEALTH commences this study as a means of providing a cost effective, reliable, quick, economic and continuous source of primary data on how brands bond with the consumers.
research objectives
Research Objectives
  • The study has only one objective:
    • To identify brands that best bond with the consumers.
research methodology
Research Methodology
  • Respondents were interviewed face to face in-home using fully structured questionnaires. Multi-stage sampling method was used in selecting respondents.
  • 1000 respondents were interviewed in various parts of Lagos. 560 of the sample were males while the balance 440 respondents were females. The study also comprised of respondents aged 18 to 24 years (29%), 25 to 34 years(43%),35 to 45(19%) and 46 years and above(10%). In terms of social class, 17% of the respondents were consumers in the upper income class, 42% in the middle income class and 41 in the lower income class.
  • The fieldwork for February wave started on the 5th of February and ended on the 21st of February, 2009.  
research methodology1
Research Methodology
  •  In each product category, the respondents were asked five questions relating to trust. They were asked to associate the statements read to them with brands (a single brand per statement). No brand name was mentioned to the consumers. Respondents named brands spontaneously. The aggregate scores for the five statements were then computed to determine the most trusted brand for each product category.
home applinaces
HOME APPLINACES
  • Overall
    • Almost everyone we interviewed in the study have home appliances. There seem to be a clear differentiation in the category.
    • Respondents in Lagos trust LG brand much more than other brand of appliances.
    • 32% voted for LG spontaneously by associating the five elements of trust with the brand.
    • The first runner up in this February wave was Sony. 24% of the respondents have sufficient in brand.
    • Samsung occupied the third position beating sharp marginally by one percent.
    • Sharp brand was adjudge the most trusted brand by 10%of the respondents.
slide8

Other brand with some degree of trust were:

      • AKIRA 5%
      • PANASONIC 4%
      • PHILLIPS 3%
      • BINATONE 2%
      • AIWA 2%
  • GENDER
    • Most of the votes for the brands came from men than women particularly for LG, Sony and Samsung.
  • SOCIAL CLASS
    • The respondents the upper class trust LG and Samsung more than other brands.
    • The voting patterns for Samsung and sharp was the same for all the socio-economic class.
slide9

ELECTRONICS CATEGORY

Samsung, 11%

Sharp, 10%

Akira, 5%

LG, 32%

Panasonic, 4%

Don’t Know, 3%

Aiwa, 2%

Others, 4%

Philips, 3%

Sony, 24%

Binatone, 2%

Base

I Obtain what I look for in it

1000

I feel most confident in

1000

Would be honest in attending to my needs

1000

Would make any effort to satisfy me

1000

Would never disappoint me

1000

LG

32%

32%

33%

32%

33%

Sony

24%

24%

24%

24%

24%

Samsung

11%

11%

11%

11%

11%

Sharp

11%

10%

10%

11%

10%

Akira

5%

5%

5%

5%

5%

Panasonic

5%

4%

4%

5%

4%

Philips

3%

4%

4%

4%

3%

Binatone

2%

2%

2%

2%

2%

Aiwa

2%

2%

2%

2%

2%

Others

3%

4%

3%

2%

4%

Don’t Know

3%

3%

3%

3%

3%

slide10

I OBTAIN WHAT I LOOK FOR IN ELECTRONICS

Samsung, 11%

Sharp, 11%

Akira, 5%

Panasonic, 5%

LG, 32%

Don’t Know, 3%

Aiwa, 2%

Others, 3%

Philips, 3%

Sony, 24%

Binatone, 2%

Male

Female

18-24

25-34

35-44

45+

AB

C

D

Base

560

440

285

429

190

96

172

418

410

LG

34%

29%

28%

34%

32%

38%

42%

33%

27%

Sony

26%

21%

25%

22%

27%

25%

27%

23%

24%

Samsung

12%

11%

14%

12%

9%

5%

12%

11%

12%

Sharp

10%

12%

13%

9%

10%

9%

8%

11%

11%

Akira

5%

5%

5%

5%

4%

6%

2%

6%

4%

Panasonic

5%

4%

4%

4%

6%

4%

3%

3%

7%

Philips

2%

5%

4%

3%

2%

4%

2%

4%

3%

Binatone

1%

4%

3%

2%

2%

4%

2%

Aiwa

2%

1%

3%

2%

1%

1%

1%

2%

Others

1%

3%

1%

4%

4%

2%

2%

2%

3%

Don’t Know

2%

5%

3%

2%

4%

6%

1%

2%

5%

slide11

I FEEL MOST CONFIDENT IN

Samsung, 11%

Sharp, 10%

Akira, 5%

LG, 32%

Panasonic, 4%

Don’t Know, 3%

Aiwa, 2%

Others, 4%

Philips, 4%

Sony, 24%

Binatone, 2%

Male

Female

18-24

25-34

35-44

45+

AB

C

D

Base

560

440

285

429

190

96

172

418

410

LG

34%

28%

29%

33%

33%

34%

40%

33%

27%

Sony

27%

21%

24%

24%

26%

24%

29%

23%

23%

Samsung

12%

10%

13%

12%

11%

6%

12%

11%

11%

Sharp

9%

12%

13%

9%

9%

10%

9%

10%

12%

Akira

4%

5%

5%

4%

4%

6%

2%

6%

4%

Panasonic

4%

5%

4%

4%

5%

5%

2%

3%

7%

Philips

2%

5%

4%

4%

2%

4%

2%

4%

4%

Binatone

1%

4%

3%

3%

2%

4%

2%

Aiwa

2%

1%

2%

2%

1%

1%

1%

2%

Others

3%

4%

2%

3%

2%

4%

2%

3%

3%

Don’t Know

2%

5%

3%

2%

4%

6%

1%

2%

5%

slide12

WOULD BE HONEST & SINCERE IN ADDRESSING MY NEEDS

Samsung, 11%

Sharp, 10%

Akira, 5%

LG, 33%

Panasonic, 4%

Don’t Know, 3%

Aiwa, 2%

Philips, 4%

Others, 3%

Sony, 24%

Binatone, 2%

Male

Female

18-24

25-34

35-44

45+

AB

C

D

Base

560

440

285

429

190

96

172

418

410

LG

36%

29%

29%

34%

32%

38%

41%

33%

29%

Sony

26%

22%

24%

23%

25%

27%

26%

24%

23%

Samsung

11%

11%

14%

11%

11%

3%

13%

10%

10%

Sharp

10%

11%

13%

9%

11%

9%

10%

9%

12%

Akira

5%

5%

5%

5%

4%

6%

2%

6%

4%

Panasonic

4%

4%

4%

4%

5%

4%

1%

3%

7%

Philips

2%

6%

4%

5%

2%

4%

2%

4%

4%

Binatone

1%

3%

3%

2%

2%

1%

4%

2%

Aiwa

2%

2%

2%

1%

2%

1%

Others

1%

4%

2%

3%

2%

4%

2%

3%

3%

Don’t Know

2%

5%

3%

2%

4%

6%

1%

2%

5%

slide13

WOULD MAKE ANY EFFORT TO SATISFY ME

Samsung, 11%

Sharp, 11%

Akira, 5%

Panasonic, 5%

LG, 32%

Don’t Know, 3%

Aiwa, 2%

Philips, 4%

Sony, 24%

Others, 2%

Binatone, 2%

Male

Female

18-24

25-34

35-44

45+

AB

C

D

Base

560

440

285

429

190

96

172

418

410

LG

35%

29%

30%

33%

32%

36%

41%

33%

28%

Sony

26%

21%

23%

22%

26%

27%

26%

23%

23%

Samsung

12%

10%

13%

12%

11%

4%

13%

11%

10%

Sharp

10%

11%

13%

9%

10%

10%

9%

10%

12%

Akira

5%

5%

5%

5%

5%

6%

3%

6%

4%

Panasonic

4%

5%

4%

4%

6%

3%

2%

4%

7%

Philips

2%

5%

3%

5%

2%

4%

2%

4%

4%

Binatone

1%

4%

4%

2%

2%

1%

3%

2%

Aiwa

2%

1%

3%

2%

1%

1%

2%

2%

Others

1%

4%

2%

3%

1%

3%

2%

2%

3%

Don’t Know

2%

5%

3%

2%

4%

6%

1%

2%

5%

slide14

WOULD NEVER DISAPPOINT ME

Samsung, 11%

Sharp, 10%

Akira, 5%

LG, 33%

Panasonic, 4%

Don’t Know, 3%

Aiwa, 2%

Others, 3%

Philips, 3%

Sony, 24%

Binatone, 2%

Male

Female

18-24

25-34

35-44

45+

AB

C

D

Base

560

440

285

429

190

96

172

418

410

LG

35%

30%

30%

34%

32%

36%

40%

34%

29%

Sony

26%

22%

24%

23%

26%

29%

28%

23%

24%

Samsung

11%

10%

13%

11%

11%

3%

12%

11%

10%

Sharp

9%

11%

13%

9%

9%

9%

9%

10%

12%

Akira

5%

5%

5%

4%

5%

6%

2%

6%

4%

Panasonic

4%

4%

4%

4%

5%

3%

2%

3%

6%

Philips

2%

5%

3%

4%

2%

3%

2%

4%

3%

Binatone

1%

3%

3%

2%

2%

1%

3%

2%

Aiwa

2%

1%

3%

2%

1%

1%

1%

2%

Others

3%

4%

3%

4%

2%

4%

2%

3%

3%

Don’t Know

2%

5%

4%

2%

4%

6%

1%

2%

5%

our contact
Our Contact
  • We are at 457B Titilayo Adedoyin, Omole Phase 1, Ikeja, Lagos-Nigeria.
  • We can also be reached through:
  • Our Website:www.brandhealthonline.com
  • Our E-mail:[email protected]@yahoo.com
  • Our telephone numbers: 234-1- 7918154, 08035050078, 08036035191

…enabling bonding

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