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CONSUMER&
BRANDBrandKPIs
for
cryptocurrencies:TRON
in
MexicoConsumer
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.
2500Ourdataallows
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
TRON’s
performance
inthecryptocurrency
market.Fieldwork:September
2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Forthis
report
“Usage”indicates
the
specific
“Ownership”Sources:
Statista
Consumer
Insights
Global,
asofNovember202466%
of
TRON
owners
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket?•TRON’s
brandingresonates
more
with
Gen
X•TRON
generally
appealstomen
more
than
women•TRON
rankseighth
inawareness
within
thecryptocurrency
market•Thepopularity
ratingof
TRON
is26%•TRON
rankstenthinownership•Among
TRON
enthusiasts,35%
fallunderthe
high-income
category•Consumers
want
theircryptocurrency
brandstohave
•Interms
of
loyalty,TRON
is
seventh
inMexicoreliability,
honesty
/trustworthiness,
and
highvalue•TRON
hasascore
of20%
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
forTRON
at
66%Brand
profile:
snapshotBrand
performance
of
TRONinMexico66%27%26%20%18%AwarenessPopularityUsageLoyaltyBuzz5Notes:Cryptocurrencies
‘awareness’,‘popularity’,
‘ownership’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:n=1,247,
all
respondents
(awareness),n=339,
respondents
who
know
the
individual
brand
(popularity),
n=339,
respondentswho
know
the
individual
brand
(ownership),
n=62,
respondents
who
have
owned
the
individual
brand
(loyalty),
n=339,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024TRON’s
branding
resonates
morewith
Gen
XBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations43%
43%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeTRON
bygeneration
versus
theshareof
industryusers
ingeneral,
we
cansee
thatTRON
islikedby
1%
of
Baby
boomers
and22%
ofGenXers,
whereas
thetotalshareof
industryusers
is2%and18%,
respectively.37%34%22%18%ForMillennials
andGen
Z,
43%
and
34%
feel
positivelytowards
TRON,versus
43%
and37%.
So
currently,
forTRON,Gen
Xconnects
most
with
theirbrandcompared
to
theoverall
industryuser.2%1%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestocryptocurrencies,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;
Base:n=88,
TRON
enthusiast,
n=662,
cryptocurrencyownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024TRON
generally
appeals
to
men
morethan
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
TRON
shows
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,
TRON
hasalower
proportionof
LGBTQIA+consumers
whencompared
to
theindustryusers
ingeneral.3%6%32%68%45%55%68%
ofmen
likeTRON
compared
to
32%of
women,
whereas
forthe
overallindustry,55%
of
men
owncryptocurrencies
compared
to45%
ofwomen.95%92%3%
of
TRON
enthusiastsconsiderthemselves
to
bepartof
the
LGBTQIA+community
compared
to6%
amongindustryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
cryptocurrencies,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=88,
TRONenthusiast,
n=662,
cryptocurrencyownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
TRON
enthusiasts,
35%
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.7%5%Single35%36%19%CoupleSingleparentNuclear35%
ofTRON
enthusiastsarefrom
high-income
households.TRON’s
brandisgenerally
enjoyed
morebyconsumers
who
arepartof
acouplehousehold,
19%
ofTRON
enthusiastshavethiscurrent
livingsituation.14%6%6%30%39%41%32%32%Multi-generational8%9%19%21%34%ExtendedOther2%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
cryptocurrencies,which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=88,
TRON
enthusiast,
n=662,
cryptocurrency
ownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Consumers
want
their
cryptocurrency
brands
to
have
reliability,
honesty
/trustworthiness,
and
high
valueBrand
profile:
qualitiesQualitiesownerswant
from
cryptocurrency
brandsForcryptocurrencies,
the
top
threequalitiesowners
want
fromabrandarereliability,
honesty
/trustworthiness,
andhighvalue.Authenticity80%Thrill/ExcitementSustainabilityBoldnessCleverness60%40%20%0%TRON
owners
alsoappreciate
thesekeyattributes,indicating
TRON
exudes
thesequalities.SocialresponsibilityCoolnessThequalitiesthatTRON
enthusiastsareleast
focused
onare
inclusiveness
andthrill/excitement.ReliabilityExclusivityTRON
should
work
on
promotinginnovation
to
convert
enthusiastsintoowners.InnovationInclusivenessFriendlinessHighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
cryptocurrencies,which
ofthese
aspects
are
mostimportant
toyou?”;Multi
Pick;“When
it
comes
tocryptocurrencies,which
ofthe
following
brands
do
youlike?”;Multi
Pick;“When
it
comestocryptocurrencies,which
ofthe
following
brands
have
youpurchased
in
the
past12
months?”;
Multi
Pick;
Base:
n=62,
TRON
owners’,n=88,
TRON
enthusiast,
n=662,
cryptocurrency
ownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
TRON
fans,
50%
state
that
they
get
excited
about
cryptocurrenciesBrand
profile:
attitudesWhat
doconsumersthink
ofcryptocurrenciesingeneral?55%50%45%40%38%35%34%33%32%25%11%10%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrands
Iget
excited
about
IliketotalkaboutIknow
and
trust
cryptocurrencies
topicsrelating
tocryptocurrenciesBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
cryptocurrencies
do
youagree
with?”;
Multi
Pick;“When
it
comestocryptocurrencies,
whichofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=88,
TRON
enthusiast,
n=662,cryptocurrencyownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1166%
of
TRON
owners
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
cryptocurrencies,
the
averageawareness
ofabrandinMexico
is33%.
Awareness
ofTRON,however,
isat27%.Awareness26%
ofMexican
cryptocurrency
owners
saytheylikeTRON,compared
to
anindustryaverage
brandpopularity
of35%.18%
ofindustryowners
inMexico
saythey
own
TRON,with
the
average
ownership
ofabrandat23%.BuzzPopularity66%
ofbrandowners
saytheywould
purchasethebrandagain,compared
toanaverage
loyalty
score
of70%.TRON
hasbeen
noticed
lessinthemedia
compared
toother
brands,with
a“Buzz”score
of20%
compared
to28%.LoyaltyBrandUsageIndustryaverageSooverall,
the
results
showtheir
performance
tobebelow
average
compared
to
theindustry.12
Notes:Cryptocurrencies
‘awareness’,‘popularity’,
‘ownership’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:n=1,247,
all
respondents
(awareness),n=339,
respondents
who
know
the
individual
brand
(popularity),
n=339,
respondentswho
know
the
individual
brand
(ownership),
n=62,
respondents
who
have
owned
the
individual
brand
(loyalty),
n=339,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024TRON
ranks
eighth
in
awareness
within
the
cryptocurrency
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofTRONRank#
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.1Bitcoin79%43%42%36%35%30%28%27%25%24%2Binance
Coin(BNB)EthereumLitecoin27%345DogecoinSolanaUsingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.67Tether73%8TRONOutofallrespondents,
27%
were
aware
of
TRON.
Thisranksthemeighthcompared
toother
brandssurveyed
inthismarket.9Ripple(XRP)Monero
(XMR)AwarenessN/A1013
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,247,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024The
popularity
rating
of
TRON
is
26%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofTRONRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1Bitcoin79%54%41%41%32%32%31%29%28%26%2EthereumLitecoin26%34Binance
Coin(BNB)DogecoinSolanaOutofconsumers
who
knew
thebrand,
26%
saidtheyliked
TRON.
Thisranksthemtenthcompared
tootherbrandssurveyed
inthismarket.567Monero
(XMR)Ripple(XRP)Tether74%89PopularityN/A10TRON14
Notes:“When
it
comesto
cryptocurrencies,which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=339,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024TRON
ranks
tenth
in
ownershipBrand
KPIs
&benchmarking:
ownershipSummaryOwnershipofTRONRank#
BrandUsage
%50%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
owned,we
asked
each
respondent:
“When
itcomes
tocryptocurrencies,
which
ofthefollowing
brandsdoyou
own
currently?”.1Bitcoin18%2EthereumLitecoin32%328%Outofconsumers
who
knew
thebrand,
18%
saidtheyowned
TRON.
Thisranksthemtenthcompared
toother
brandssurveyed
inthismarket.4Binance
Coin(BNB)DogecoinCardano
(ADA)Solana22%522%620%719%8Tether19%82%9Ripple(XRP)TRON19%UsageN/A1018%15
Notes:“When
it
comesto
cryptocurrencies,which
ofthe
following
brands
do
youown
currently?”;Multi
Pick;Base:
n=339,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofNovember2024In
terms
of
loyalty,
TRON
is
seventh
in
MexicoBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofTRON’s
consumersRank#
BrandLoyalty
%90%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.1Bitcoin2EthereumLitecoin81%34%376%4Binance
Coin(BNB)Monero
(XMR)Dogecoin75%573%669%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
cryptocurrencies,which
of
the
following
brandsareyou
likely
topurchaseagaininthe
future?”.66%TRON66%78Cardano
(ADA)AgaveCoinSolana66%966%Outofrespondents
whohaveowned
TRON,66%
saidthey
would
purchasethebrandagain.LoyaltyN/A1065%16
Notes:“When
it
comesto
cryptocurrencies,which
ofthe
following
brands
areyoulikely
topurchase
againin
the
future?”;Multi
Pick;Base:n=62,
respondents
who
have
owned
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024TRON
has
a
score
of
20%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofTRONRank#
BrandBuzz%67%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1Bitcoin20%2Ethereum38%3Binance
Coin(BNB)Litecoin34%Outofconsumers
who
knew
thebrand,
20%
saidtheyhadheardaboutTRON
inthemedia.
ThisranksthemoutsidetheTop10
compared
to
other
brandssurveyed
inthismarket.426%5Solana26%6Dogecoin26%7Ripple(XRP)AgaveCoinMonero
(XMR)IOTA
(MIOTA)25%824%80%923%BuzzN/A1023%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=339,
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
andunlocknewgrowthopportunities.•
Identifyandunderstandyourcoreaudien
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