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Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate...

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Is your company an Authentic Brand ? The Authentic 100
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Page 1: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

Is your company an

Authentic Brand?

The Authentic 100

Page 2: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

#Authentic100Spain

Page 3: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

PRESENTERS

Almudena AlonsoCohn & Wolfe

Managing Director, Spain

@AlmuAlonsoCW

Brooke HoveyCohn & Wolfe

Chief Client Officer

@brookehovey

#Authentic100Spain

Page 4: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

For the fifth year in a row…

15markets

1,400+brands

15,000consumers

AUTHENTIC BRANDS METHODOLOGY

5 YEARS OF DATA

Page 5: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

WHY DOES AUTHENTICITY

MATTER?

WHAT’S THE KEY TO

AUTHENTICITY?

WHAT ARE THE MOST AUTHENTIC

BRANDS GLOBALLY?

WHAT ARE THE MOST

AUTHENTIC BRANDS IN

SPAIN?

FOUR QUESTIONS

Page 6: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

WHY DOES AUTHENTICITY

MATTER?

Page 7: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

91% AUTHENTICITY

MATTERS: IT TRANSLATES

TO THEBOTTOM LINE

91% of global consumers will reward

brands for their authenticity

And, 62% of global consumers say that if a brand or company is

perceived as authentic they would be more

interested in purchasingfrom that brand or

company

Page 8: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

AUTHENTICITY IS AN IMPORTANT DRIVER OF BRAND BUSINESS IN SPAIN

Note: We altered this question in 2017 to include the “intent to purchase” response, so YOY comparisons are not possible

94% of people in Spain

report that if a brand or

company is authentic it

would impact on their

behavior or attitudes

towards the brand in a

way that benefits that

brand’s business

% Spain

Remain loyal 48%

Value that brand or company 42%

Respect that brand or company 33%

Want to work for that company or brand 15%

Invest in that brand or company 7%

NET: Checked any of the options 94%

Page 9: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

0% 10% 20% 30% 40% 50% 60% 70% 80%

UK

France

Hong_Kong

UAE

Germany

Spain

Singapore

Sweden

Italy

Global

USA

Canada

India

Indonesia

China

Brazil

Report increased purchase interest from that brand or company perceived as authentic

AND IT HAS A DIRECT IMPACT ON THEIR SALES OPPORTUNITIES…

56%

Note: We altered this question in 2017 to include the “intent to purchase” response, so YOY comparisons are not possible

56% of consumers in

Spain say that their

purchase interest in

a brand they perceive

as authentic have

increased

Page 10: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

22%

Only 22% of global consumers

think brands are open and honest

BUT TODAY, THERE’S AN “AUTHENTICITY DEFICIT”

Page 11: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

5%

7%

8%

9%

9%

11%

12%

15%

15%

16%

19%

22%

25%

36%

37%

43%

Sweden

France

Germany

Italy

Spain

Canada

UK

Hong Kong

Singapore

USA

Brazil

Global

UAE

Indonesia

India

China

Brands/companies today are "open & honest“

And cynicism is especially high in Western Europe

MOST POSITIVE

MOST NEGATIVE

THE DEFICIT EXISTS GLOBALLY

Page 12: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

22%

24%

25%

25%

25%

26%

26%

9%

11%

18%

11%

14%

12%

24%

0% 5% 10% 15% 20% 25% 30%

Are open and honest

Uphold high values

Take full responsability for their actions

Do what they say they are going to do

Can be trusted

Make the world a better place

Stay true to their purpose

Spain Global

ONLY 9% CONSUMERS IN SPAIN AGREE THAT BRANDS ARE OPEN AND HONEST

Page 13: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

7%

8%

16%

10%

11%

12%

22%

9%

11%

18%

11%

14%

12%

24%

0% 5% 10% 15% 20% 25% 30%

Are open and honest

Uphold high values

Take full responsability for their actions

Do what they say they are going to do

Can be trusted

Make the world a better place

Stay true to their purpose

2017 2016

AND THERE’S BEEN LITTLE CHANGES SINCE 2016

Page 14: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

WHAT’S THE KEY TO AUTHENTICITY?

Page 15: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE 3 R’S OF AUTHENTICITY

7 Primary Attributes, Grouped into 3 Clusters

ReliableDelivers on promises

High quality

RealCommunicates honestly

Is genuine and real, not artificial

Acts with integrity

RespectfulTreats customers well

Protects customer privacy/data

Page 16: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

− Delivers on promises

− High quality

− Communicates honestly

− Is genuine and real, not artificial

− Acts with integrity

− Stays true to its values and purpose

− Is clear about its values and beliefs

− Socially responsible

− Environmentally responsible

− Responsible with respect to public’s health

The consumer’s experience

About the company

− Treats customers well

− Protects customer privacy/data

2017 global average importance of the 3 R’s

54%

57%

64%

68%

71%

0% 10% 20% 30% 40% 50% 60% 70% 80%

Responsibility

Purposeful

Real

Reliable

Respectful

TO BE PERCEIVED AS AUTHENTIC, BRANDS CAN GAIN THE MOST BY FOCUSING ON WHAT CONSUMERS DIRECTLY EXPERIENCE

AND BY DEMONSTRATING THEIR RESPECT

Page 17: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

IN 2017 THE RESPECTFUL CLUSTER SHOWS THE LARGEST INCREASE…

40% 45% 50% 55% 60% 65% 70% 75%

Purposeful

Responsibility

Real

Respectful

Reliable

2016 2017WHILE RESPONSABILITY & REAL DROPPED

MORE RESPECTFUL, RELIABLE & PROPOSEFUL

Page 18: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THERE IS VERY LITTLE DIFFERENCE ACROSS COUNTRIES IN THE

RELATIVE IMPORTANCE OF THE 3 R’S OF AUTHENTICITY

Index relative to global importance

Global Brazil Canada China France Germany Hong Kong India Indonesia Italy Singapore Spain Sweden UAE UK USA

Reliable 101 101 101 101 103 102 96 101 100 106 98 104 103 101 99 102

Respectful 106 102 104 100 98 107 106 101 102 100 100 106 108 105 102 103

Real 95 98 96 99 100 94 99 99 98 95 101 93 92 96 99 97

Page 19: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

WHAT ARE THE MOST AUTHENTIC BRANDS

GLOBALLY?

Page 20: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

Consumers’ ratings of brands on the 7

authenticity attributes

Their initial reaction

Consumers’ overall rating of a brand on “authenticity”

Authenticity Index

Their individual ratings( )

Page 21: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE TOP 10 MOST AUTHENTIC BRANDS GLOBALLY

www.Authentic100.com

1 2 3 4 5

6 7 8 9 10

Page 22: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

WHAT ARE THE MOST AUTHENTIC BRANDS

IN SPAIN?

Page 23: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE TOP FIVE OF AUTHENTICITY IN SPAIN

TOTALRESPECTFUL RELIABLE REAL

5169 193 182 544

Page 24: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE TOP FIVE OF AUTHENTICITY IN SPAIN

TOTALRESPECTFUL RELIABLE REAL

4172 182 197 551

Page 25: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE TOP FIVE OF AUTHENTICITY IN SPAIN

TOTALRESPECTFUL RELIABLE REAL

3140 188 224 552

Page 26: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE TOP FIVE OF AUTHENTICITY IN SPAIN

TOTALRESPECTFUL RELIABLE REAL

2229 155 199 583

Page 27: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE TOP FIVE OF AUTHENTICITY IN SPAIN

TOTALRESPECTFUL RELIABLE REAL

1212 225 199 636

Page 28: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

212 225 199 636

229 155 199 583

140 188 224 552

172 182 197 551

169 193 182 544

THE THREE R’S OF THE TOP FIVE

TOTALRESPECTFUL RELIABLE REAL

Page 29: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

SPAIN’S AUTHENTIC 100 FOR 2017: TOP 6-1006 Ikea 25 20th Century Fox 44 Mapfre 63 Colgate 82 Nissan

7 Cola Cao 26 El Pozo 45 Frigo 64 SEAT 83 YouTube

8 Bosch 27 Bezoya 46 El Caserio 65 Estrella Damm 84 Ritz-Carlton

9 Google 28 Harley Davidson 47 Estrella Galicia 66 Panasonc 85 NH Hotels

10 El Corte Inglés 29 Levi Strauss & Co 48 LG 67 Mahou 86 Zara

11 Audi 30 Solán de Cabras 49 Coca-Cola 68 Lego 87 Melia Hotels

12 BMW 31 Michelin 50 ING 69 Braun 88 Vodafone

13 Danone 32 Calvo 51 Porsche 70 Honda 89 Trivago

14 Lindt 33 Font Vella 52 Bayer AG 71 Casa Tarradellas 90 Giorgio Armani

15 Mercadona 34 Nike 53 Nespresso 72 Puleva 91 Repsol

16 Nescafé 35 La Lechera 54 Heineken 73 Cartier 92 Netflix

17 Dinsey 36 Sony 55 Toyota 74 Alhambra 93 Siemens

18 Amazon.com 37 Pascual 56 Correos 75 Canon 94 Gillette

19 Bimbo 38 Carbonell 57 Hewlett-Packard 76 Tiffany & Co. 95 Johnson & Johnson

20 Mercedes Benz 39 La Casera 58 MasterCard 77 Ford 96 Peugeot

21 Rolex 40 Hero 59 Philips 78 Dodot 97 Flex

22 Roca 41 Rolls Royce 60 Iberia 79 Ferrero 98 Yamaha

23 Microsoft 42 Pixar 61 Adidas 80 Carrefour 99 Lacoste

24 Samsung 43 Campofrío 62 Visa 81 Louis Vuitton 100 Chupa Chups

Page 30: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

KEY CHANGES FOR SPAIN: 2016 TO 2017

2017 Gain/Loss

6 Ikea 32

7 Cola Cao 6

8 Bosch 22

9 Google 5

10 El Corte Inglés -7

11 Audi -1

12 BMW -11

13 Danone -7

14 Lindt 60

15 Mercadona 20

16 Nescafé 3

17 Disney -1

18 Amazon.com -3

19 Bimbo 8

20 Mercedes Benz 5

2016

6 Danone

7 Central Lechera Asturiana

8 Paypal.com

9 Font Vella

10 Audi

11 Samsung

12 Nestlé

13 Cola Cao

14 Google

15 Amazon.com

16 Disney

17 Carbonell

18 Volkswagen

19 Nescafé

20 Rolls Royce

Biggest Changes in Rank

24 Samsung -13

33 Font Vella -24

38 Carbonell -21

39 La Casera -37

41 Rolls Royce -21

157 Volkswagen -139

Biggest Changes in Rank

44 Mapfre 123

88 Vodafone 114

96 Peugeot 88

66 Panasonic 79

42 Pixar 73

60 Iberia 74

Page 31: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

THE 2017 TOP 6-20 BRAND’S PERFORMANCE ON THE 3 R’S

NOTE: Each data point above is an index relative the average for global brands. 100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than average and 80=brand is 20% lower than average

2017 Respectful Reliable Real

6 Ikea 207 129 203

7 Cola Cao 144 151 196

8 Bosch 141 209 169

9 Google 147 160 172

10 El Corte Inglés 224 161 150

11 Audi 143 199 148

12 BMW 172 192 144

13 Danone 236 158 173

14 Lindt 102 194 154

15 Mercadona 162 144 170

16 Nescafé 141 165 157

17 Disney 138 155 160

18 Amazon.com 202 137 147

19 Bimbo 151 132 158

20 Mercedes Benz 147 182 127

Page 32: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

BUT AUTHENTICITY IS NOT A CHALLENGE JUST FOR BRANDS… IT IS ALSO FOR INDUSTRIES

0,00 10,00 20,00 30,00 40,00 50,00 60,00 70,00 80,00

Courier

QSR

Energy

Telecommunications

Travel

Personal Care

Alcoholic Beverages

Financial

Retail

Health

Fashion/Apparel

Sports Apparel

Media & Entertainment

Luxury

Technology

Automotive

Food & Beverage

Consumer Goods

2017 2016

Page 33: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

AND THERE ARE VERY FEW INDUSTRIES PERCEIVED AS “REAL”

Consumer Goods is the strongest industry in two attributes: Reliable and Real

Financial is the strongest in Respectful, but it falls in the rest of the attributes

Respectful Reliable Real

2016 2017 2016 2017 2016 2017

Consumer Goods 97 129 123 160 115 135

Food & Beverage 103 106 125 130 126 135

Automotive 103 115 120 132 100 110

Technology 99 111 101 112 97 106

Luxury 104 111 139 143 93 94

Media & Entertainment - 84 - 107 - 110

Sports Apparel 86 85 114 122 93 98

Fashion/Apparel 97 104 108 118 93 96

Health 71 119 72 101 69 100

Retail 134 121 86 84 109 103

Financial 122 143 69 81 83 99

Alcoholic Beverages 83 79 100 101 94 104

Personal Care 97 85 101 111 102 93

Travel 123 120 87 95 84 88

Telecommunications 82 102 65 88 67 91

Energy 87 93 69 79 64 81

QSR 73 93 58 73 63 81

Courier 113 105 86 62 92 77

Page 34: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

AUTHENTICITY PROFILE FOR INDUSTRY SECTORS

Delivers on promises

High qualityTreats

customers well

Communicates honestlyIs genuine

and real, not artificial

Acts with integrity at all

timesRespectful Reliable Real

Treats customers wellProtects customer privacy and data

Delivers on Promises High QualityCommunicates

honestlyActs with integrity at

all timesIs genuine and real,

not artificial

Year 2016 2017 2016 2017 2016 2017 2016 2017 2016 2017 2016 2017 2016 2017

Consumer Goods 96 134 98 121 120 158 125 162 123 152 111 113 112 139

Food & Beverage 114 118 87 91 131 141 120 122 118 134 118 128 140 143

Automotive 107 121 97 108 109 116 129 145 98 105 97 100 105 123

Technology 94 108 105 115 99 114 102 110 106 110 94 106 92 102

Luxury 119 118 85 102 106 113 166 169 73 75 86 93 117 111

Media & Entertainment X 93 X 73 X 115 X 100 X 114 X 110 X 107

Sports Apparel 91 89 80 80 102 115 124 128 89 90 88 90 101 111

Fashion/Apparel 101 113 92 91 95 99 120 134 87 83 93 99 99 104

Health 58 107 87 135 61 98 81 103 68 92 74 112 66 98

Retail 140 135 126 103 108 102 67 68 124 128 114 98 92 87

Financial 96 110 158 185 74 86 65 76 95 104 94 112 65 83

Alcoholic Beverages 84 85 81 71 107 105 95 98 85 97 89 92 107 120

Personal Care 104 92 87 76 98 109 103 112 106 93 108 92 93 96

Travel 121 121 124 118 83 87 91 102 85 92 87 95 80 80

Telecommunications 66 89 104 119 64 94 65 84 76 98 71 87 57 89

Energy 74 81 104 108 78 85 60 73 64 80 60 70 67 90

QSR 89 107 53 76 74 97 44 53 56 80 62 84 69 80

Courier 107 87 120 127 94 69 80 56 94 73 109 103 75 59

Page 35: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

Alcoholic Beverages Automotive Consumer Goods

Financial Food & Beverage

Personal Care Retail Technology

Estrella Galicia

Heineken

Cruzcampo

Estrellla Damm

Mahou

Audi

BMW

Mercedes Benz

Harley Davidson

Michelin

Balay

Bosch

Roca

Braun

Flex

Paypal

Mapfre

ING

MasterCard

Visa

Central Lechera Asturiana

Nestlé

Cola Cao

Danone

Lindt

Colgate

Dodot

Gillette

Johnson & Johnson

Hugo Boss

Ikea

El Corte Inglés

Mercadona

Carrefour

Día

Apple

Google

Amazon

Microsoft

Samsung

Each industry has also its own top 5, which allows us to compare the authenticity

of a brand with similar companies

This is important because the authenticity depends a

lot on the customer experience, and it varies

according to each industry

Travel

Iberia

Ritz-Carlton

NH Hotels

Trivago

Renfe

Luxury

Rolex

Cartier

Tiffany & Co.

Louis Vuitton

Gucci

Courier

Health

Fed Ex

UPS

DHL

Bayer AG

Roche

Novartis

Page 36: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

IN SUMMARY, WHAT CAN SPANISH

BRANDS LEARN?

Page 37: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

• With only 9% of people in Spain seeing brands as “open and honest,” there’s a long way to go.

• However, the amount of people that perceive brands as authentic has increased 2% in the last year,

which means that companies are in the good way.

• The potential benefits are great, with 94% of Spaniards saying they would reward Authentic Brands.

• As in 2016, brands in Spain struggle most on the attribute of REAL. Brands should strive to:

oCommunicate honestly

oBe genuine

oAct with integrity

KEY TAKEAWAYS

Page 38: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

New context to interact with consumers

Impact in the authenticity of your brand

PROXIMITYIMMEDIACY

PRIVACYRELIABILITY

TRANSPARENCY

PERSONALIZATION

DIGITAL CHALLENGES

Page 39: Is your company an Authentic Brand...100 indicates brand is average and numbers above 100 indicate the extent to which a brand is above average, i.e., 120=brand is 20% higher than

WANT TO LEARN MORE?

WANT TO SEE HOW YOUR BRAND STACKS

UP?

CONTACT US!

[email protected]

39


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