Consumer Products
Brand Loyalty Leaders Chock Full of Techs
October 16, 2014 1:15 pm
Last Updated: April 27, 2020 6:07 pm
The ranking is based on a survey by brand consultancy Brand Keys of 65 product categories and 721 brands. The survey included more than 43,000 consumers ages 18 to 65 who were interviewed by phone (75% of the total) or in-person (20%), and the remaining 5% who were assessed online.
Brand Keys founder and president said:
Brand loyalty has always been driven by emotional engagement, and the rankings on the 2014 list should make it abundantly clear to marketers that connection, meaning, and differentiation [are] everything.
The top 20 loyalty leaders and the associated categories are:
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Brands that made the biggest moves up the rankings since last year include Netflix (+79), Estee Lauder (+31), MAC Cosmetics (+28), HTC smartphones (+26) and Cover Girl cosmetics (+25).
Brands that made the biggest moves down in the rankings are Max Factor (-20), Clinique (-16), Grey Goose vodka (-13), Revlon (-13), and Apple computers, Costco Wholesale Corp. (NASDAQ: COST) and Wal-Mart Stores Inc.’s (NYSE: WMT) Sam’s Club stores all dropped 11 notches.
Some highlights:
As the Brand Keys president points out, “[Y]ou can’t build loyalty on the basis of price.” That includes dollar menus at fast-food places and low air fares with a pile of fees. And the fact that pay-TV providers get no love at all indicates how consumers feel about being forced to swallow whatever the (usually) monopoly provider gives them.
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