Reynolds Wrap Aluminum Foil Ranks No. 1 in Overall Brand
Equity
Harris Interactive releases its Spring 2006 EquiTrend Brand
Study
ROCHESTER, N.Y. – June 20, 2006 –
Harris Interactive® today released the 2006 results from the
EquiTrend® Brand Study, a unique tool that measures and compares the
brand quality and equity scores of over 1,000 brands within 39 categories.
Reynolds Wrap Aluminum Foil ranks as the number one brand in overall brand
equity, followed closely by Ziploc Food Bags (No. 2), Hershey’s Milk Chocolate
Candy Bars (No. 3), Kleenex Facial Tissues (No. 4), and Clorox Bleach (No. 5).
EquiTrend has been designed to be a concise and efficient way of obtaining
quality, well-rounded information about the critical elements of a brand’s
health. Its seven key measures help determine a brand’s stance amongst
competitors, within other categories, and in comparison to world-class brands.
The study measures brand health using the following seven key measures:
- Equity
- Familiarity
- Quality
- Purchase Consideration
- Overall Relevance
- Brand Expectations
- Distinctiveness
"EquiTrend
provides a tremendous cross-industry comparison of brand equity based on the
seven key measurements," said Jim Hoskins, Group President, Brand and
Strategy Consulting, Harris Interactive. "It complements custom brand
research that further explores the personal and functional relationship
consumers hold with the brand and the equities and disequities the brand can
leverage to grow."
TABLE 1
Top Ten Scoring Brands for Overall Brand Equity
(Among 1,030 brands)
|
Rank |
Brand |
Equity1 |
Familiarity2 |
Quality |
Purchase Consideration |
Overall Relevance3 |
Brand Expectations |
Distinctiveness |
|
1 |
Reynolds Wrap Aluminum Foil |
80.8 |
95% |
8.40 |
8.82 |
77.1 |
7.64 |
6.31 |
|
2 |
Ziploc Food Bags |
79.1 |
97% |
8.27 |
8.75 |
77.1 |
7.53 |
6.21 |
|
3 |
Hershey's Milk Chocolate Candy Bars |
78.1 |
98% |
8.21 |
8.34 |
76.2 |
7.37 |
6.30 |
|
4 |
Kleenex Facial Tissues |
78.0 |
94% |
8.11 |
8.52 |
73.0 |
7.19 |
5.79 |
|
5 |
Clorox Bleach |
78.0 |
97% |
8.17 |
8.50 |
75.5 |
7.28 |
5.96 |
|
6 |
WD-40 Spray Lubricant |
77.7 |
87% |
8.34 |
8.55 |
67.9 |
7.67 |
6.74 |
|
7 |
Heinz Ketchup |
77.5 |
98% |
8.09 |
8.38 |
75.8 |
7.30 |
5.85 |
|
8 |
Ziploc Containers |
77.2 |
95% |
8.14 |
8.71 |
73.4 |
7.37 |
5.94 |
|
9 |
Windex Glass Cleaner |
76.9 |
96% |
8.10 |
8.42 |
73.9 |
7.05 |
5.70 |
|
10 |
Campbell's Soups |
76.6 |
98% |
7.74 |
8.56 |
74.8 |
7.05 |
6.08 |
1 Equity is a combination of the Quality, Familiarity and Purchase
Consideration variables, calculated by:
- For the purpose of the Equity calculation, Familiarity is weighted
according to (5=1.0, 4=0.9, 3=0.8)
- That number is then multiplied by the mean of Quality and rescaled
Purchase Consideration
- The result is indexed on 100
2.Percent of respondents who indicated they were (Top 3 Box) somewhat, very
or extremely familiar with a brand.
3.Similar to Equity, a brand’s overall relevance score is determined by
a calculation of Familiarity, Quality, and Purchase Consideration.
- For the purpose of the Overall Relevance calculation, Familiarity is
weighted according to (5=1.0, 4=0.9, 3=0.8, 2=0.4, 1=0.0)
- That number is then multiplied by the mean of Quality and rescaled
Purchase Consideration
- The result is indexed on 100
Methodology
The 2006 EquiTrend Brand Study is a brand quality-perception study conducted
online once yearly by Harris Interactive. This year’s study was conducted
among 25,666 consumers, ages 15 and older within the U.S. between March 7 and
16, 2006. Each respondent rated 80 brands and each brand received approximately
1,275 ratings. Figures for age, sex, race, education, income, presence of
children (under 18 years old) in the household, and geographic region were
weighted to align them with their actual proportions in the population.
Propensity score weighting was also used to adjust for respondents’ propensity
to be online.
All surveys are subject to several sources of error. These include: sampling
error (because only a sample of a population is interviewed); measurement error
due to question wording and/or question order, deliberately or unintentionally
inaccurate responses, nonresponse (including refusals), interviewer effects
(when live interviewers are used) and weighting.
With one exception (sampling error) the magnitude of the errors that result
cannot be estimated. There is, therefore, no way to calculate a finite
"margin of error" for any survey and the use of these words should be
avoided.
With pure probability samples, with 100 percent response rates, it is
possible to calculate the probability that the sampling error (but not other
sources of error) is not greater than some number. With a pure probability
sample of 25,666 one could say with a ninety-five percent probability that the
results have a sampling error of +/-1 percentage point, and for a sample of
1,275 the sampling error would be +/-3 percentage points. However that does not
take other sources of error into account. The online survey was not based
on probability sample and therefore no theoretical sampling error can be
calculated.
About the Harris Interactive Brand and Strategy Consulting Practice
The Brand and Strategy Consulting practice designs and conducts research that
helps clients understand their brand and identifies opportunities to better
their business. Our research and consulting yields insights to help clients
understand not only stakeholder attitudes, but how to positively affect behavior
to support critical business needs.
Assisting clients with global and domestic brand development and positioning,
brand architecture, reputation management, communications development, crisis
management, employee alignment and modeling return on investment, the Brand and
Strategy Consulting team utilizes a broad array of Harris Interactive’s
qualitative and quantitative techniques, including the company’s vast
worldwide online panel and proprietary suite of unique methodological
approaches.
About Harris Interactive
Harris Interactive is the 13th largest and fastest-growing market
research firm in the world. The company provides research-driven insights and
strategic advice to help its clients make more confident decisions which lead to
measurable and enduring improvements in performance. Harris Interactive is
widely known for The Harris Poll, one of the longest running, independent
opinion polls and for pioneering online market research methods. The company has
built what could conceivably be the world’s largest panel of survey
respondents, the Harris Poll Online. Harris Interactive serves clients worldwide
through its United States, Europe and Asia offices, its wholly-owned subsidiary
Novatris in France and through a global network of independent market research
firms. The service bureau, HISB, provides its market research industry clients
with mixed-mode data collection, panel development services as well as
syndicated and tracking research consultation. More information about Harris
Interactive may be obtained at
www.harrisinteractive.com.
To become a member of the Harris Poll Online, visit www.harrispollonline.com.
Press Contacts:
Jennifer Cummings
Harris Interactive
585-214-7720
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