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CONSUMER&
BRANDBrandKPIs
for
cars:
Mercedes-Benz
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.
1250Ourdataallows
you
tomeasure
each
brand’spositioninthe
market
bycreating
aprofile
usingStatista’s5key
performance
indicators.
Which
are:
awareness,popularity,ownership,
loyalty,and
media
buzz.Sample:
Internet
users,
aged18
-64,
quotasset
ongender
and
ageThisreport
is
basedon
Mercedes-Benz’s
performanceinthe
carmarket.Fieldwork:May-June
2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Forthis
report
“Usage”indicates
the
specific
“Ownership”Sources:
Statista
Consumer
Insights
Global,
asofOctober
202463%
of
Mercedes-Benz
owners
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket?•Mercedes-Benz’s
brandingresonates
more
withGen•Mercedes-Benz
ranksseventh
inawareness
withinZthe
carmarket•Mercedes-Benz
generally
appealsto
men
more
than•Thepopularity
ratingof
Mercedes-Benz
is
41%women•Mercedes-Benz
ranksoutsidetheTop10
in•Among
Mercedes-Benz
enthusiasts,37%
fallunderownershipthe
high-income
category•Interms
of
loyalty,Mercedes-Benz
isoutside
the
Top•Consumers
want
theircarbrandsto
havereliability,10
inMexicohonesty
/trustworthiness,
andinnovation•Mercedes-Benz
hasascore
of
24%
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
Mercedes-Benz
at
93%Brand
profile:
snapshotBrand
performance
of
Mercedes-BenzinMexico93%63%41%24%4%AwarenessPopularityUsageLoyaltyBuzz5Notes:Cars‘awareness’,‘popularity’,
‘ownership’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:n=1,246,
all
respondents
(awareness),
n=1,160,
respondents
who
know
the
individual
brand
(popularity),
n=1,160,
respondents
whoknow
the
individual
brand(ownership),
n=43,
respondents
who
have
owned
the
individual
brand
(loyalty),
n=1,160,
respondentswho
know
the
individual
brand(buzz)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Mercedes-Benz’sbranding
resonates
more
with
Gen
ZBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations41%38%36%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeMercedes-Benz
bygenerationversus
the
share
ofindustryusers
ingeneral,
we
cansee
thatMercedes-Benz
islikedby3%of
Babyboomers
and
20%
of
Gen
Xers,whereas
the
total
shareof
industryusers
is
3%
and
26%,
respectively.33%26%20%ForMillennials
andGen
Z,
36%
and
41%
feel
positivelytowards
Mercedes-Benz,
versus
38%
and
33%.
Socurrently,
forMercedes-Benz,
Gen
Zconnects
mostwith
theirbrandcompared
tothe
overall
industryuser.3%
3%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestocars,which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=477,
Mercedes-Benz
enthusiast,
n=1,039,
carownersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Mercedes-Benz
generally
appeals
to
men
morethan
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
Mercedes-Benz
showsthatwomen
are
less
likely
tohaveanaffinity
with
thebrand
compared
tomen.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesof7%7%consumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
Mercedes-Benz
hasasimilarproportion
of
LGBTQIA+
consumerswhen
compared
tothe
industryusers
ingeneral.48%52%50%50%52%
ofmen
likeMercedes-Benzcompared
to
48%
of
women,
whereasfortheoverall
industry,50%
of
womenown
cars
compared
to50%
ofmen.90%90%7%
of
Mercedes-Benz
enthusiastsconsider
themselves
tobe
partof
theLGBTQIA+
community
compared
to7%among
industryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
cars,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=477,
Mercedes-Benzenthusiast,
n=1,039,
carownersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Among
Mercedes-Benz
enthusiasts,
37%
fall
under
the
high-income
categoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
andownerswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.5%7%Single34%32%33%37%10%11%CoupleSingleparentNuclear37%
ofMercedes-Benz
enthusiastsarefrom
high-income
households.Mercedes-Benz’s
brandis
generallyenjoyed
more
byconsumers
who
arepartof
anextended
household,
27%
ofMercedes-Benz
enthusiastshavethiscurrent
living
situation.7%7%28%36%39%Multi-generational10%10%34%27%23%ExtendedOther4%3%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
cars,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=477,
Mercedes-Benz
enthusiast,
n=1,039,
carownersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Consumers
want
their
car
brands
to
have
reliability,
honesty
/
trustworthiness,and
innovationBrand
profile:
qualitiesQualitiesownerswant
from
carbrandsAuthenticityForcars,
the
topthree
qualitiesownerswant
fromabrandare
reliability,honesty
/trustworthiness,
andinnovation.80%60%40%20%0%Thrill/ExcitementBoldnessClevernessSustainabilityHowever,
forMercedes-Benz
owners
thetop3attributestheyactuallywant
areexclusivity,
high
value,andauthenticity.SocialresponsibilityCoolnessThequalitiesthatMercedes-Benzenthusiastsare
least
focused
on
areinclusiveness
and
boldness.ReliabilityExclusivityMercedes-Benz
shouldwork
onpromoting
reliability
to
convertenthusiastsintoowners.InnovationInclusivenessFriendlinessHighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
cars,
which
ofthese
aspects
aremostimportant
toyou?”;Multi
Pick;“When
it
comesto
cars,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
“When
it
comes
tocars,
which
ofthe
following
brandshave
youpurchased
in
the
past
12
months?”;
Multi
Pick;Base:
n=43,
Mercedes-Benz
owners’,n=477,
Mercedes-Benz
enthusiast,
n=1,039,
carownersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024Among
Mercedes-Benz
fans,
47%
state
that
they
get
excited
about
carsBrand
profile:
attitudesWhat
doconsumersthink
ofcars
ingeneral?52%51%47%40%39%37%33%32%31%26%11%
11%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrandsIknow
and
trustIget
excitedaboutcarsIliketotalkabouttopicsrelating
tocarsBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
carsdo
youagree
with?”;
Multi
Pick;
“When
it
comes
tocars,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=477,
Mercedes-Benz
enthusiast,
n=1,039,
carownersSources:
Statista
Consumer
Insights
Global,
asofOctober
2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1163%
of
Mercedes-Benz
owners
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
cars,theaverage
awareness
of
abrandinMexico
is86%.
Awareness
of
Mercedes-Benz,however,
is
at93%.Awareness41%
ofMexican
carowners
say
theylikeMercedes-Benz,
compared
toanindustryaverage
brandpopularity
of38%.4%
of
industryowners
inMexico
saythey
ownMercedes-Benz,
with
the
average
ownership
ofabrandat8%.BuzzPopularity63%
ofbrandowners
saythey
would
purchasethebrandagain,compared
toanaverage
loyalty
score
of65%.Mercedes-Benz
hasbeen
noticed
lessinthemediacompared
to
other
brands,with
a“Buzz”score
of24%compared
to
33%.LoyaltyBrandUsageIndustryaverageSooverall,
the
results
showtheir
performance
tobeinconsistent
compared
to
theindustry.12
Notes:Cars‘awareness’,‘popularity’,
‘ownership’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:n=1,246,
all
respondents
(awareness),
n=1,160,
respondents
who
know
the
individual
brand
(popularity),
n=1,160,
respondents
whoknow
the
individual
brand(ownership),
n=43,
respondents
who
have
owned
the
individual
brand
(loyalty),
n=1,160,
respondentswho
know
the
individual
brand(buzz)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Mercedes-Benz
ranks
seventh
in
awareness
within
the
car
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofMercedes-BenzRank#
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.7%1ChevroletNissan97%96%96%96%95%95%93%93%91%90%23Toyota4Ford5HondaUsingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.6VolkswagenMercedes-BenzJeep78Outofallrespondents,
93%
were
aware
of
Mercedes-Benz.
Thisranksthemseventh
compared
to
otherbrandssurveyed
inthismarket.93%9FerrariAwarenessN/A10BMW13
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,246,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024The
popularity
rating
of
Mercedes-Benz
is
41%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofMercedes-BenzRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1BMW54%50%49%46%46%44%44%43%42%41%2Audi3NissanChevroletToyotaVolkswagenHondaJeep41%4Outofconsumers
who
knew
thebrand,
41%
saidtheyliked
Mercedes-Benz.
Thisranksthemoutsidethe
Top10
compared
toother
brandssurveyed
inthismarket.5659%789FerrariFordPopularityN/A1014
Notes:“When
it
comesto
cars,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=1,160,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Mercedes-Benz
ranks
outside
the
Top
10
in
ownershipBrand
KPIs
&benchmarking:
ownershipSummaryOwnershipofMercedes-Benz4%Rank#
BrandUsage
%22%20%16%13%12%11%8%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
owned,we
asked
each
respondent:
“When
itcomes
to
cars,which
of
the
following
brandsdoyou
own
currently?”.1ChevroletNissanVolkswagenFord23Outofconsumers
who
knew
thebrand,
4%
saidtheyowned
Mercedes-Benz.
ThisranksthemoutsidetheTop
10
compared
tootherbrandssurveyed
inthismarket.45HondaToyotaMazdaJeep6788%9BMW8%96%UsageN/A10Dodge8%15
Notes:“When
it
comesto
cars,
which
ofthe
following
brands
do
youown
currently?”;Multi
Pick;
Base:
n=1,160,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofOctober
2024In
terms
of
loyalty,
Mercedes-Benz
is
outside
the
Top
10
in
MexicoBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofMercedes-Benz’s
consumersRank#
BrandLoyalty
%77%Afterascertaining
the
ownership
of
abrandinthe
last12
months,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.1Audi2Kia76%3ToyotaTesla72%37%472%5MazdaVolkswagenJeep72%671%63%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
cars,which
of
thefollowing
brandsareyou
likely
topurchaseagaininthe
future?”.771%8BYD69%9PorscheNissan68%Outofrespondents
whohaveowned
Mercedes-Benz,63%
saidthey
would
purchasethebrandagain.LoyaltyN/A1068%16
Notes:“When
it
comesto
cars,
which
ofthe
following
brands
are
youlikely
to
purchase
againin
the
future?”;
Multi
Pick;Base:n=43,
respondents
who
have
owned
the
individual
brand(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofOctober
2024Mercedes-Benz
has
a
score
of
24%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofMercedes-BenzRank#
BrandBuzz%55%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1ChevroletNissanFord24%248%344%Outofconsumers
who
knew
thebrand,
24%
saidtheyhadheardaboutMercedes-Benz
inthemedia.
Thisranksthemoutsidethe
Top
10
compared
tootherbrandssurveyed
inthismarket.4Kia44%5ToyotaJeep40%639%7VolkswagenBMW38%76%836%9HondaAudi36%BuzzN/A1035%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=1,160,
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.•
Identifyandunderstandyourcor
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