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CONSUMER&
BRANDBrandKPIs
for
smart
home:
SchneiderElectric
in
IndiaConsumer
Insights
reportNovember2024Discover
your
Brand
KPI
scores.
Benchmark
against
competitors
and
measureyour
brand’s
marketimpactIntroduction:
studydetailsThe
reportMethodologyThisreport
hasbeen
created
usingthe
datafromStatista’sConsumer
InsightsBrand
KPIs.Thereportprovides
you
with
key
consumer
insightsandbenchmarks
forabrand’sperformance
againsttheindustryoverall
and
theircompetitors.Design:OnlineSurveyDuration:
approx.
15
minutesLanguage:official
language(s)
ofeach
country
withAmerican
Englishoffered
asanalternativeRegions:Brazil,Germany,
India,
Mexico,
U.S.
and
UKNumberofrespondents:approx.
3750Ourdataallows
you
tomeasure
each
brand’spositioninthe
market
bycreating
aprofile
usingStatista’s5key
performance
indicators.
Which
are:
awareness,popularity,usage,loyalty,and
media
buzz.Sample:
Internet
users,
aged18
-64,
quotasset
ongender
and
ageThisreport
is
basedon
Schneider
Electric’sperformance
inthe
smart
home
market.Fieldwork:July-August2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Sources:
Statista
Consumer
Insights
Global,
asofNovember202464%
of
Schneider
Electric
users
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket?•Schneider
Electric’s
brandingresonates
more
with•Schneider
Electric
ranksoutsidetheTop10
inMillennialsawareness
withinthesmart
home
market•Schneider
Electric
generally
appealsto
men
morethan
women•Thepopularity
ratingof
Schneider
Electricis
24%•Schneider
Electric
ranksoutsidetheTop10
inusage•Among
Schneider
Electricenthusiasts,45%
fallunderthe
high-income
category•Interms
of
loyalty,Schneider
Electric
isoutside
theTop
10
inIndia•Consumers
want
theirsmart
home
brandstohavehonesty
/trustworthiness,
authenticity,andcoolness•Schneider
Electric
hasascore
of
22%
formedia
buzz3Sources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
01Brand
profileInthissection,
we
show
the
demographics
and
attitudesof
consumers
who
saytheylikethisbrandversus
the
share
ofindustryusers.
Thechapteraimsto
bringclarity
tocompanies
who
want
to
know
whotheirbrandingiscurrently
appealingtoand
what
theythinkaboutthe
industry.4Loyalty
is
the
highest
scoring
KPI
for
Schneider
Electric
at
64%Brand
profile:
snapshotBrand
performance
of
Schneider
Electric
inIndia64%54%24%22%16%AwarenessPopularityUsageLoyaltyBuzz5Notes:Smarthome
‘awareness’,‘popularity’,
‘usage’,‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,249,
all
respondents
(awareness),
n=669,
respondents
who
know
the
individual
brand
(popularity),
n=669,
respondents
whoknow
the
individual
brand(usage),
n=110,
respondents
who
have
used
the
individual
brand
(loyalty),
n=669,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Schneider
Electric’s
branding
resonates
more
with
MillennialsBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations49%46%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeSchneider
Electric
bygenerationversus
the
share
ofindustryusers
ingeneral,
we
cansee
thatSchneider
Electric
islikedby0%
ofBabyboomers
and
18%
of
Gen
Xers,whereas
the
total
shareof
industryusers
is
0%
and
12%,
respectively.42%33%ForMillennials
andGen
Z,
49%
and
33%
feel
positivelytowards
Schneider
Electric,
versus
42%
and
46%.
Socurrently,
forSchneider
Electric,
Millennials
connectmost
with
theirbrandcompared
tothe
overall
industryuser.18%12%0%
0%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestosmarthome,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=161,
Schneider
Electricenthusiast,
n=1,153,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Schneider
Electric
generally
appeals
to
men
morethan
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
Schneider
Electric
showsthatwomen
are
less
likely
tohaveanaffinity
with
thebrand
compared
tomen.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesof15%consumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
Schneider
Electric
hasalowerproportion
of
LGBTQIA+
consumerswhen
compared
tothe
industryusers
ingeneral.17%78%32%68%41%59%68%
ofmen
likeSchneider
Electriccompared
to
32%
of
women,
whereasfortheoverall
industry,59%
of
men
usesmart
home
compared
to
41%
ofwomen.83%15%
ofSchneider
Electricenthusiastsconsider
themselves
tobe
partof
theLGBTQIA+
community
compared
to17%among
industryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
smarthome,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;
Base:
n=161,
SchneiderElectric
enthusiast,
n=1,153,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Schneider
Electric
enthusiasts,
45%
fall
under
the
high-income
categoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
anduserswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.2%3%Single38%5%7%45%CoupleSingleparentNuclear45%
ofSchneider
Electricenthusiastsarefrom
high-income
households.Schneider
Electric’s
brandis
generallyenjoyed
more
byconsumers
who
arepartof
anuclearhousehold,
30%
ofSchneider
Electric
enthusiastshavethiscurrent
living
situation.2%4%30%31%31%22%31%Multi-generational35%27%22%ExtendedOther34%23%4%2%Brand
enthusiastIndustryuserLowHighMediumBrand
enthusiastIndustryuser8Notes:Recode
based
on’’Monthly/annual
household
income
(local
currency)’’;Single
Pick;Typology
basedon
’’household
size’’,
’’household
constellation’’
and
’’children
under
the
ageof14
in
household’’;
Single
Pick;“When
it
comesto
smarthome,which
ofthe
following
brands
do
you
like?”;Multi
Pick;Base:
n=161,
Schneider
Electric
enthusiast,
n=1,153,smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Consumers
want
their
smart
home
brands
to
have
honesty
/
trustworthiness,authenticity,
and
coolnessBrand
profile:
qualitiesQualitiesuserswant
from
smart
homebrandsForsmart
home,
the
topthree
qualitiesusers
wantfrom
abrandarehonesty
/trustworthiness,
authenticity,andcoolness.Authenticity80%Thrill/ExcitementSustainabilityBoldnessCleverness60%40%20%0%Schneider
Electric
users
alsoappreciatethese
key
attributes,indicatingSchneider
Electric
exudes
thesequalities.SocialCoolnessresponsibilityThequalitiesthatSchneider
Electricenthusiastsare
least
focused
on
arethrill/excitement
andinclusiveness.ReliabilityExclusivityInnovationInclusivenessFriendlinessSchneider
Electric
shouldwork
onpromoting
authenticityto
convertenthusiastsintoowners.HighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
smarthome,which
ofthese
aspects
are
mostimportant
to
you?”;Multi
Pick;
“When
it
comes
tosmarthome,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;
“When
it
comes
tosmarthome,
which
ofthe
following
brands
have
youused
in
the
past12
months?”;
Multi
Pick;Base:
n=110,
Schneider
Electric
users’,n=161,
Schneider
Electric
enthusiast,
n=1,153,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Schneider
Electric
fans,
63%
state
that
they
get
excited
about
smarthome
productsBrand
profile:
attitudesWhat
doconsumersthink
ofsmart
home
ingeneral?63%63%52%52%49%47%44%42%41%39%34%32%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrandsIknow
and
trustIget
excitedaboutsmarthome
productsIliketotalkabouttopicsrelating
tosmart
homeBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
smarthome
do
youagreewith?”;
Multi
Pick;“When
it
comesto
smarthome,which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=161,
Schneider
Electric
enthusiast,
n=1,153,smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1164%
of
Schneider
Electric
users
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
smart
home,
the
average
awarenessof
abrand
inIndiais77%.
Awareness
ofSchneiderElectric,
however,
is
at54%.Awareness24%
ofIndiansmart
home
users
saytheylikeSchneider
Electric,
compared
to
anindustryaveragebrandpopularityof
39%.16%
ofindustryusers
inIndiasaythey
useSchneiderElectric,
with
the
average
usageofabrandat28%.BuzzPopularity64%
ofbrandusers
saytheywould
usethe
brandagain,compared
toanaverage
loyalty
score
of
72%.Schneider
Electric
hasbeen
noticed
lessinthemediacompared
to
other
brands,with
a“Buzz”score
of22%compared
to
35%.Sooverall,
the
results
showtheir
performance
tobebelow
average
compared
to
theindustry.LoyaltyBrandUsageIndustryaverage12
Notes:Smarthome
‘awareness’,‘popularity’,
‘usage’,‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,249,
all
respondents
(awareness),
n=669,
respondents
who
know
the
individual
brand
(popularity),
n=669,
respondents
whoknow
the
individual
brand(usage),
n=110,
respondents
who
have
used
the
individual
brand
(loyalty),
n=669,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Schneider
Electric
ranks
outside
the
Top
10
in
awareness
within
the
smart
homemarketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofSchneiderElectricRank#
BrandAwareness
%Driving
recognition
will
lead
to
growing
yourcustomerbaseand
measuring
brandawareness
isakeycomponent
toachieve
this.Withthisscore,
you
cangaugethe
current
market
presence
ofabrand,understandthebrand’svisibility,competitiveness,
andrecognition
among
theirtarget
audience.
Further
tothis,itisaperfect
way
toassess
yourcurrentmarketing
strategies.1SamsungLG98%97%95%94%91%88%85%80%79%77%23Xiaomi4Havells46%5Tata
Power
SolarSystemsGoogle
NestWipro54%Usingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.678Philips
HueSyskaOutofallrespondents,
54%
were
aware
of
SchneiderElectric.
Thisranksthemoutsidethe
Top
10
comparedtootherbrandssurveyed
inthismarket.9AwarenessN/A10Anchor13
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,249,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024The
popularity
rating
of
Schneider
Electric
is
24%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofSchneiderElectricRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1SamsungHavells64%59%56%44%44%40%39%39%39%34%24%23LG4Google
NestPhilips
HueSyskaOutofconsumers
who
knew
thebrand,
24%
saidtheyliked
Schneider
Electric.
ThisranksthemoutsidetheTop
10
compared
tootherbrandssurveyed
inthismarket.567Anchor76%8Tata
Power
SolarSystemsWipro9PopularityN/A10Xiaomi14
Notes:“When
it
comesto
smarthome,which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=669,
respondents
who
know
theindividual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Schneider
Electric
ranks
outside
the
Top
10
in
usageBrand
KPIs
&benchmarking:
usageSummaryUsage
ofSchneiderElectricRank#
BrandUsage
%50%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
used,weasked
each
respondent:
“When
itcomes
to
smarthome,
which
of
the
following
brandshaveyouused
inthe
past12
months?”.1SamsungHavellsLG16%246%344%Outofconsumers
who
knew
thebrand,
16%
saidtheyused
Schneider
Electric.
Thisranksthemoutside
theTop
10
compared
tootherbrandssurveyed
inthismarket.4AnchorSyska31%529%6Google
NestPhilips
HueD-Link29%728%828%84%9XiaomiWipro26%UsageN/A1024%15
Notes:“When
it
comesto
smarthome,which
ofthe
following
brands
have
you
used
in
the
past12
months?”;
Multi
Pick;Base:
n=669,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofNovember2024In
terms
of
loyalty,
Schneider
Electric
is
outside
the
Top
10
in
IndiaBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofSchneiderElectric’s
consumersRank#
BrandLoyalty
%86%Afterascertaining
the
usageof
abrandinthe
last12months,the
next
most
important
indicatorisbrandloyalty.
Thisscore
allows
ustoestablish
whether
abrandisperforming
well
inregard
to
customerretention.
Measuring
brandloyalty
establishes
aclearfeedback
loop
with
customers,
providing
valuableinsightsinto
customer
satisfaction
and
preferences.
Itisalso
apowerful
predictor
to
help
guide
marketingstrategies
andforecast
futuresalesandrevenue
moreaccurately.1SamsungAnchorHavellsGoogle
NestWipro278%377%36%476%575%6Syska74%64%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
smart
home,which
of
the
following
brandsareyou
likely
touseagaininthe
future?”.7Philips
HueXiaomi74%873%9SiemensLG72%Outofrespondents
whohaveused
Schneider
Electric,64%
saidthey
would
usethebrand
again.LoyaltyN/A1072%16
Notes:“When
it
comesto
smarthome,which
ofthe
following
brands
areyoulikely
touse
againin
the
future?”;
Multi
Pick;Base:
n=110,
respondents
who
have
used
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Schneider
Electric
has
a
score
of
22%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofSchneiderElectricRank#
BrandBuzz%55%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1HavellsSamsungLG22%255%350%Outofconsumers
who
knew
thebrand,
22%
saidtheyhadheardaboutSchneider
Electric
inthemedia.
Thisranksthemoutsidethe
Top
10
compared
tootherbrandssurveyed
inthismarket.4Google
NestAnchorPhilips
HueSyska41%537%636%734%8D-Link31%78%9L&T31%BuzzN/A10Xiaomi30%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=669,
respondents
who
know
the
individual
brand
(Buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024STATISTACONSUMER
INSIGHTSUnderstand
what
drivesconsumersGainabetterunderstandingofconsumers,brands,andmarkets.Withthe
Statista
Consumer
Insights,
youget
access
tostreamlinedmarketresearchtoolsandallresultsofthe
exclusiveStatista
surveys.
Leverage
consumerinsightstomakedata-drivendecisions
andunl
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