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CONSUMER&
BRANDBrandKPIs
for
soft
drinks:
Squirt
inMexicoConsumer
Insights
reportOctober2024Discover
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.
5000Ourdataallows
you
tomeasure
each
brand’spositioninthe
market
bycreating
aprofile
usingStatista’s5key
performance
indicators.
Which
are:
awareness,popularity,consumption,loyalty,andmedia
buzz.Sample:
Internet
users,
aged18
-64,
quotasset
ongender
and
ageThisreport
is
basedon
Squirt’sperformance
inthesoft
drinkmarket.Fieldwork:April-May
2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Forthis
report
“Usage”indicates
the
specific
“Consumption”Sources:
Statista
Consumer
Insights
Global,
asofOctober
202474%
of
Squirt
consumers
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket?•Squirt’sbrandingresonates
more
withGen
X•Squirtgenerally
appealsto
men
more
thanwomen•Squirtranksninth
inawareness
withinthesoftdrinkmarket•Thepopularity
ratingof
Squirt
is
48%•Squirtrankssixthinconsumption•Among
Squirt
enthusiasts,36%
fallunderthehigh-income
category•Consumers
want
theirsoft
drink
brandsto
haveauthenticity,reliability,
and
honesty
/trustworthiness•Interms
of
loyalty,Squirtisninth
inMexico•Squirthasascore
of
21%
formedia
buzz3Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024CHAPTER
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.4Awarenessis
the
highest
scoring
KPI
for
Squirt
at
91%Brand
profile:
snapshotBrand
performance
of
SquirtinMexico91%74%48%42%21%AwarenessPopularityUsageLoyaltyBuzz5Notes:Softdrinks
‘awareness’,‘popularity’,
‘consumption’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,250,
all
respondents
(awareness),
n=1,136,
respondents
who
know
the
individual
brand
(popularity),
n=1,136,
respondentswho
know
the
individual
brand
(consumption),
n=482,
respondents
who
have
consumed
the
individual
brand
(loyalty),
n=1,136,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Squirt’s
branding
resonates
morewith
Gen
XBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations39%38%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeSquirtbygeneration
versus
theshareof
industryusers
ingeneral,
we
cansee
thatSquirtislikedby3%
of
Babyboomers
and
30%
of
GenXers,
whereas
thetotalshareof
industryusers
is4%and24%,
respectively.33%30%29%24%ForMillennials
andGen
Z,
38%
and
29%
feel
positivelytowards
Squirt,versus
39%
and
33%.
Socurrently,
forSquirt,Gen
Xconnects
most
with
theirbrandcompared
to
theoverall
industryuser.4%3%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestosoftdrinks,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=546,
Squirt
enthusiast,
n=1,215,
softdrink
consumersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Squirt
generally
appeals
to
men
morethan
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
Squirtshows
thatwomenareless
likely
to
haveanaffinity
with
thebrandcompared
tomen.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesofconsumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
Squirthasalower
proportionof
LGBTQIA+consumers
whencompared
to
theindustryusers
ingeneral.6%8%47%53%53%
ofmen
likeSquirtcompared
to47%of
women,
whereas
forthe
overallindustry,50%
of
women
consume
softdrinkscompared
to50%
of
men.50%50%90%88%6%
of
Squirt
enthusiastsconsiderthemselves
to
bepartof
the
LGBTQIA+community
compared
to8%
amongindustryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
softdrinks,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=546,
Squirtenthusiast,
n=1,215,
softdrink
consumersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Among
Squirt
enthusiasts,
36%
fall
under
the
high-income
categoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
andconsumerswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.3%6%Single32%35%36%14%14%CoupleSingleparentNuclear36%
ofSquirtenthusiastsarefrom
high-income
households.Squirt’sbrandisgenerally
enjoyed
morebyconsumers
who
arepartof
anuclearhousehold,
40%
ofSquirtenthusiastshavethiscurrent
livingsituation.7%7%40%36%38%Multi-generational11%9%22%25%34%ExtendedOther26%3%4%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
softdrinks,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=546,
Squirt
enthusiast,
n=1,215,
softdrinkconsumersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Consumers
want
their
soft
drink
brands
to
have
authenticity,
reliability,
andhonesty
/
trustworthinessBrand
profile:
qualitiesQualitiesconsumerswant
from
soft
drinkbrandsForsoft
drinks,the
topthree
qualitiesconsumers
want
fromabrandareauthenticity,reliability,
and
honesty
/trustworthiness.Authenticity60%Thrill/ExcitementSustainabilityBoldnessCleverness40%20%0%Squirtconsumers
alsoappreciate
thesekey
attributes,indicating
Squirtexudesthese
qualities.SocialresponsibilityCoolnessThequalitiesthatSquirt
enthusiastsareleast
focused
onare
boldnessandinclusiveness.ReliabilityExclusivitySquirtshouldwork
onpromotinginnovation
to
convert
enthusiastsintoowners.InnovationInclusivenessFriendlinessHighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
softdrinks,
which
ofthese
aspects
aremostimportant
toyou?”;Multi
Pick;“When
it
comesto
softdrinks,
which
ofthe
following
brands
do
you
like?”;Multi
Pick;“When
it
comes
tosoftdrinks,
which
ofthefollowing
brands
have
youconsumed
in
the
past
12
months?”;
Multi
Pick;Base:n=482,
Squirt
consumers’,n=546,
Squirt
enthusiast,
n=1,215,
softdrink
consumersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Among
Squirt
fans,
34%
state
that
they
get
excited
about
soft
drink
productsBrand
profile:
attitudesWhat
doconsumersthink
ofsoft
drinksingeneral?59%49%38%34%30%27%26%26%23%21%9%9%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrandsIknow
and
trustIget
excitedaboutsoftdrinkproductsIliketotalkabouttopicsrelating
tosoft
drinksBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
softdrinks
do
youagree
with?”;
Multi
Pick;
“When
it
comes
tosoftdrinks,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=546,
Squirt
enthusiast,
n=1,215,
softdrinkconsumersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1174%
of
Squirt
consumers
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
soft
drinks,theaverage
awarenessof
abrand
inMexico
is
74%.
Awareness
ofSquirt,however,
is
at91%.Awareness48%
ofMexican
soft
drinkconsumers
say
theylikeSquirt,compared
to
anindustryaverage
brandpopularity
of40%.42%
ofindustryconsumers
inMexico
say
theyconsume
Squirt,with
the
average
consumption
ofabrandat34%.BuzzPopularity74%
ofbrandconsumers
say
theywould
consume
thebrandagain,compared
toanaverage
loyalty
score
of74%.Squirthasbeen
noticed
lessinthemedia
compared
toother
brands,with
a“Buzz”score
of21%
compared
to27%.LoyaltyBrandUsageIndustryaverageSooverall,
the
results
showtheir
performance
tobeabove
average
compared
to
theindustry.12
Notes:Softdrinks
‘awareness’,‘popularity’,
‘consumption’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,250,
all
respondents
(awareness),
n=1,136,
respondents
who
know
the
individual
brand
(popularity),
n=1,136,
respondentswho
know
the
individual
brand
(consumption),
n=482,
respondents
who
have
consumed
the
individual
brand
(loyalty),
n=1,136,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Squirt
ranks
ninth
in
awareness
within
the
soft
drink
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofSquirt9%Rank#
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.1Coca-ColaSprite99%98%97%97%96%95%93%93%91%90%23Pepsi4Fanta57UPUsingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.6PeñafielJarritosSidralMundetSquirt78Outofallrespondents,
91%
were
aware
of
Squirt.
Thisranksthemninth
compared
toother
brandssurveyedinthismarket.91%N/A9Awareness10Fresca13
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,250,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024The
popularity
rating
of
Squirt
is
48%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofSquirtRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1Coca-ColaSidralMundetSprite83%54%54%52%52%49%49%48%47%44%234PeñafielJarritos7UP48%Outofconsumers
who
knew
thebrand,
48%
saidtheyliked
Squirt.Thisranksthemeighthcompared
tootherbrandssurveyed
inthismarket.552%67Fanta8Squirt9PepsiPopularityN/A10Fresca14
Notes:“When
it
comesto
softdrinks,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=1,136,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Squirt
ranks
sixth
in
consumptionBrand
KPIs
&benchmarking:
consumptionSummaryConsumption
ofSquirtRank#
BrandUsage
%83%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeingconsumed,
we
asked
each
respondent:
“Whenitcomes
to
soft
drinks,which
ofthefollowing
brandshaveyou
consumed
inthe
past12
months?”.1Coca-ColaSidralMundetPeñafielSprite247%346%Outofconsumers
who
knew
thebrand,
42%
saidtheyconsumed
Squirt.Thisranksthemsixthcompared
toother
brandssurveyed
inthismarket.42%446%5Pepsi42%58%6Squirt42%7Fanta41%8Jarritos7UP41%939%UsageN/A10Fresca36%15
Notes:“When
it
comesto
softdrinks,
which
ofthe
following
brands
have
youconsumed
in
the
past
12
months?”;
Multi
Pick;Base:n=1,136,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofOctober
2024In
terms
of
loyalty,
Squirt
is
ninth
in
MexicoBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofSquirt’sconsumersRank#
BrandLoyalty
%91%Afterascertaining
the
consumption
ofabrandinthelast12
months,the
next
most
important
indicatorisbrandloyalty.
Thisscore
allows
ustoestablishwhether
abrandisperforming
well
inregard
tocustomer
retention.
Measuring
brandloyaltyestablishes
aclear
feedback
loop
with
customers,providing
valuableinsightsinto
customer
satisfactionandpreferences.
Itis
alsoapowerful
predictor
tohelpguidemarketing
strategies
and
forecast
futuresalesandrevenue
more
accurately.1Coca-ColaPepsi284%26%3PeñafielSidralMundetJarritos81%479%578%6RedColaYoli78%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
soft
drinks,whichof
the
following
brandsareyou
likely
toconsumeagaininthe
future?”.777%74%8Dr
PepperSquirt77%974%Outofrespondents
whohaveconsumed
Squirt,74%saidthey
would
consume
the
brandagain.LoyaltyN/A10Sprite74%16
Notes:“When
it
comesto
softdrinks,
which
ofthe
following
brands
are
you
likely
to
consume
againin
the
future?”;Multi
Pick;Base:n=482,
respondents
who
have
consumed
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Squirt
has
a
score
of
21%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofSquirtRank#
BrandBuzz%86%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1Coca-ColaPepsi21%253%3PeñafielFanta43%Outofconsumers
who
knew
thebrand,
21%
saidtheyhadheardaboutSquirtinthemedia.
Thisranksthemtenthcompared
to
other
brandssurveyed
inthismarket.442%5SidralMundetSprite37%633%77UP31%8Fresca29%79%9JarritosSquirt26%BuzzN/A1021%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=1,136,
respondents
who
know
the
individual
brand
(Buzz)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024STATISTACONSUMER
INSIGHTSUnderstand
what
drivesconsumersGainabetterunderstandingofconsumers,brands,andmarkets.Withthe
Statista
Consumer
Insights,
youget
access
tostreamlinedmarketresearchtoolsandallresultsofthe
exclusiveStatista
surveys.
Leverage
consumerinsightstomakedata-drivendecisions
andunlocknewgrowthopportunities.•
Identifyandunderstandyourcoreaudiences
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