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26 Nov 2024 01:16

Advertising & Marketing Editor's Pick The Latest

India’s Biggest Brand Movers: March 2024

Biggest Brand Movers is a monthly feature highlighting the ten brands that have registered statistically significant growth across most brand metrics amongst consumers in India. These rankings identify the brands which have logged the greatest number of improvements across 13 metrics each month — ranging from aided brand awareness and corporate reputation to purchase consideration and customer satisfaction.

The data is taken from YouGov BrandIndex, a syndicated brand tracker which continuously collects data on thousands of brands around the globe every day.

In this month’s Biggest Brand Movers, we have compared the performance of hundreds of brands between February and March 2024 to investigate which brands have shown improvement across most brand metrics.

Swiggy Instamart has claimed the top spot as YouGov’s Biggest Brand Mover of India for the month of March 2024. The on-demand grocery delivery service has claimed the top spot with improvements across 8 YouGov BrandIndex metrics out of the 13 that are considered. Yatra, Reliance Fresh, KFC and JioMart are the next four brands with positive movement in their consumer perception across most brand metrics.

Top 10 Biggest Brand Movers of India (February vs March 2024)

Methodology 

Data for the Biggest Brand Movers is compared statistically significant score increases across all BrandIndex metrics between February and March 2024. Brands are ranked based on the number of metrics that saw a statistically significant increase between February and March 2024. The metrics considered are:

Media and Communication Metrics

Aided Brand Awareness – Whether or not a consumer has ever heard of a brand

Ad Awareness – Whether a consumer has seen or heard an advertisement for a brand in the past two weeks

Word of Mouth – Whether a consumer has talked about a brand with family or friends in the past two weeks

Buzz – Whether a consumer has heard anything positive or negative about a brand in the past two weeks (net score)

Brand Health Metrics

Quality – Whether a consumer considers a brand to represent good or poor quality

Value – Whether a consumer considers a brand to represent good or poor value for money

General Impression – Whether a consumer has a positive or negative impression of a brand

Corporate Reputation – Whether a consumer would be proud or embarrassed to work for a particular brand

Customer Satisfaction – Whether a consumer is currently a satisfied or dissatisfied customer of a particular brand

Recommendation – Whether a consumer would recommend a brand to a friend or colleague or not

Purchase Funnel Metrics

Consideration – Whether a consumer would consider a brand or not the next time they are in the market for a particular product

Purchase Intent – Whether a consumer would be most likely or unlikely to purchase a specific product

Current Customer – Whether a consumer has purchased a given product or not within a specified period of time

 

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