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CONSUMER&
BRANDBrandKPIs
for
cryptocurrencies:Binance
Coin
(BNB)
in
the
UnitedStatesConsumer
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
BinanceCoin
(BNB)’sperformance
inthe
cryptocurrency
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,
asofNovember202482%
of
Binance
Coin
(BNB)
owners
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket?•BinanceCoin(BNB)’s
brandingresonates
more
with•BinanceCoin(BNB)
ranksfifth
inawareness
withinGen
Zthe
cryptocurrency
market•BinanceCoin(BNB)
generally
appealstomen
morethan
women•Thepopularity
ratingof
BinanceCoin(BNB)
is30%•BinanceCoin(BNB)
ranksseventh
inownership•Among
BinanceCoin(BNB)
enthusiasts,53%
fallunderthe
high-income
category•Interms
of
loyalty,Binance
Coin(BNB)
is
third
intheUnited
States•Consumers
want
theircryptocurrency
brandstohavehighvalue,honesty
/trustworthiness,
andauthenticity•BinanceCoin(BNB)
hasascore
of31%
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
Binance
Coin
(BNB)
at
82%Brand
profile:
snapshotBrand
performance
of
BinanceCoin
(BNB)
intheUnitedStates82%31%30%26%22%AwarenessPopularityUsageLoyaltyBuzz5Notes:Cryptocurrencies
‘awareness’,‘popularity’,
‘ownership’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:n=1,248,
all
respondents
(awareness),n=324,
respondents
who
know
the
individual
brand
(popularity),
n=324,
respondentswho
know
the
individual
brand
(ownership),
n=72,
respondents
who
have
owned
the
individual
brand
(loyalty),
n=324,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Binance
Coin
(BNB)’s
branding
resonates
morewith
Gen
ZBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations45%
45%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeBinance
Coin(BNB)
bygenerationversus
the
share
ofindustryusers
ingeneral,
we
cansee
thatBinance
Coin(BNB)
islikedby3%
ofBabyboomers
and
15%
of
Gen
Xers,whereas
the
total
shareof
industryusers
is
5%
and
18%,
respectively.38%31%18%ForMillennials
andGen
Z,
45%
and
38%
feel
positivelytowards
Binance
Coin(BNB),versus
45%
and31%.
Socurrently,
forBinanceCoin
(BNB),Gen
Zconnects
mostwith
theirbrandcompared
tothe
overall
industryuser.15%5%3%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestocryptocurrencies,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;
Base:n=96,
Binance
Coin
(BNB)enthusiast,
n=533,
cryptocurrencyownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Binance
Coin
(BNB)
generally
appeals
to
men
more
than
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
BinanceCoin
(BNB)
showsthatwomen
are
less
likely
tohaveanaffinity
with
thebrand
compared
tomen.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesof8%11%86%consumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
BinanceCoin
(BNB)
hasalower
proportion
of
LGBTQIA+30%70%40%60%70%
ofmen
likeBinanceCoin
(BNB)compared
to
30%
of
women,
whereasfortheoverall
industry,60%
of
men
owncryptocurrencies
compared
to40%
ofwomen.85%consumers
when
compared
totheindustryusers
ingeneral.8%
of
BinanceCoin(BNB)
enthusiastsconsider
themselves
tobe
partof
theLGBTQIA+
community
compared
to11%among
industryusers
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=96,
BinanceCoin
(BNB)
enthusiast,
n=533,
cryptocurrency
ownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Binance
Coin
(BNB)
enthusiasts,
53%
fall
under
the
high-incomecategoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
andownerswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.17%Single24%7%12%42%CoupleSingleparentNuclear53%
ofBinance
Coin(BNB)
enthusiastsarefrom
high-income
households.BinanceCoin
(BNB)’s
brandis
generallyenjoyed
more
byconsumers
who
arepartof
anuclearhousehold,
35%
ofBinanceCoin
(BNB)
enthusiastshavethiscurrent
living
situation.53%11%11%35%24%33%25%Multi-generational8%5%29%14%16%ExtendedOther18%7%8%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=96,
Binance
Coin
(BNB)enthusiast,
n=533,
cryptocurrencyownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Consumers
want
their
cryptocurrency
brands
to
have
high
value,
honesty
/trustworthiness,
and
authenticityBrand
profile:
qualitiesQualitiesownerswant
from
cryptocurrency
brandsForcryptocurrencies,
the
top
threequalitiesowners
want
fromabrandarehighvalue,honesty
/trustworthiness,andauthenticity.Authenticity60%Thrill/ExcitementSustainabilityBoldnessCleverness40%20%0%BinanceCoin
(BNB)
owners
alsoappreciate
these
key
attributes,indicating
Binance
Coin(BNB)
exudesthese
qualities.SocialresponsibilityCoolnessThequalitiesthatBinanceCoin(BNB)enthusiastsare
least
focused
on
arethrill/excitement
andinclusiveness.ReliabilityExclusivityInnovationInclusivenessFriendlinessBinanceCoin
(BNB)
should
work
onpromoting
cleverness
toconvertenthusiastsintoowners.HighvalueHonesty/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=72,
Binance
Coin
(BNB)owners’,n=96,
Binance
Coin
(BNB)enthusiast,
n=533,
cryptocurrencyownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Binance
Coin
(BNB)
fans,
45%
state
that
they
get
excited
aboutcryptocurrenciesBrand
profile:
attitudesWhat
doconsumersthink
ofcryptocurrenciesingeneral?51%45%42%35%33%33%31%30%30%29%23%22%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=96,
Binance
Coin
(BNB)enthusiast,n=533,
cryptocurrency
ownersSources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1182%
of
Binance
Coin
(BNB)
owners
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
cryptocurrencies,
the
averageawareness
ofabrandinthe
United
Statesis26%.Awareness
ofBinance
Coin(BNB),however,
isat26%.Awareness30%
ofU.S.
cryptocurrency
owners
saytheylikeBinanceCoin
(BNB),compared
to
anindustryaveragebrandpopularityof
27%.22%
ofindustryowners
inthe
United
Statessay
theyown
BinanceCoin
(BNB),with
the
average
ownershipof
abrand
at20%.BuzzPopularity82%
ofbrandowners
saythey
would
purchasethebrandagain,compared
toanaverage
loyalty
score
of69%.BinanceCoin
(BNB)
hasbeen
noticed
more
inthemedia
compared
tootherbrands,with
a“Buzz”scoreof
31%
compared
to23%.LoyaltyBrandUsageIndustryaverageSooverall,
the
results
showtheir
performance
tobeabove
average
compared
to
theindustry.12
Notes:Cryptocurrencies
‘awareness’,‘popularity’,
‘ownership’,
‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:n=1,248,
all
respondents
(awareness),n=324,
respondents
who
know
the
individual
brand
(popularity),
n=324,
respondentswho
know
the
individual
brand
(ownership),
n=72,
respondents
who
have
owned
the
individual
brand
(loyalty),
n=324,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Binance
Coin
(BNB)
ranks
fifth
in
awareness
within
the
cryptocurrency
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofBinance
Coin
(BNB)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.1Bitcoin71%35%33%33%26%26%25%23%22%20%2DogecoinEthereumUSDCoinLitecoin26%345Usingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.6Binance
Coin(BNB)Shiba
InuTether774%8Outofallrespondents,
26%
were
aware
of
BinanceCoin(BNB).
Thisranksthemfifthcompared
tootherbrandssurveyed
inthismarket.9SolanaAwarenessN/A10TRON13
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,248,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024The
popularity
rating
of
Binance
Coin
(BNB)
is
30%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofBinance
Coin
(BNB)Rank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1Bitcoin55%41%40%33%32%30%27%26%22%22%2EthereumDogecoinUSDCoinLitecoin30%34Outofconsumers
who
knew
thebrand,
30%
saidtheyliked
BinanceCoin
(BNB).
Thisranksthemsixthcompared
to
other
brandssurveyed
inthismarket.56Binance
Coin(BNB)Shiba
InuSolana770%89TetherPopularityN/A10Binance
USD14
Notes:“When
it
comesto
cryptocurrencies,which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=324,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Binance
Coin
(BNB)
ranks
seventh
in
ownershipBrand
KPIs
&benchmarking:
ownershipSummaryOwnershipofBinance
Coin
(BNB)Rank#
BrandUsage
%38%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
owned,we
asked
each
respondent:
“When
itcomes
tocryptocurrencies,
which
ofthefollowing
brandsdoyou
own
currently?”.1Bitcoin22%2EthereumDogecoinLitecoin28%328%Outofconsumers
who
knew
thebrand,
22%
saidtheyowned
Binance
Coin(BNB).
Thisranksthemseventhcompared
to
other
brandssurveyed
inthismarket.426%5Chiliz24%6USDCoinBinance
Coin(BNB)Tether23%722%819%78%9Shiba
InuSolana18%UsageN/A1018%15
Notes:“When
it
comesto
cryptocurrencies,which
ofthe
following
brands
do
youown
currently?”;Multi
Pick;Base:
n=324,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofNovember2024In
terms
of
loyalty,
Binance
Coin
(BNB)
is
third
in
the
United
StatesBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofBinanceCoin
(BNB)’sconsumersRank#
BrandLoyalty
%85%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.1Bitcoin18%2TRON82%3Binance
Coin(BNB)Litecoin82%480%5PolkadotTether75%675%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
cryptocurrencies,which
of
the
following
brandsareyou
likely
topurchaseagaininthe
future?”.7EthereumDogecoinSolana75%875%82%967%Outofrespondents
whohaveowned
BinanceCoin(BNB),82%
saidthey
would
purchasethe
brandagain.LoyaltyN/A10USDCoin67%16
Notes:“When
it
comesto
cryptocurrencies,which
ofthe
following
brands
areyoulikely
topurchase
againin
the
future?”;Multi
Pick;Base:n=72,
respondents
who
have
owned
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Binance
Coin
(BNB)
has
a
score
of
31%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofBinanceCoin
(BNB)Rank#
BrandBuzz%53%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1Bitcoin2Binance
Coin(BNB)DogecoinEthereumLitecoin31%31%330%Outofconsumers
who
knew
thebrand,
31%
saidtheyhadheardaboutBinance
Coin(BNB)
inthemedia.Thisranksthemsecond
compared
tootherbrandssurveyed
inthismarket.429%523%6Cardano
(ADA)Binance
USDShiba
InuTether21%721%69%820%920%BuzzN/A10Chiliz19%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=324,
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-dri
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