Jack Morton UK
Thu, 20 Sep 2018 11:42:37 GMT
Jack Morton, the global award-winning brand experience agency, has this week launched its first global Experience Brand Index, a survey of 6,000 consumers across the United States, United Kingdom and China. The research, which covered 100 brands and 10 industries, asked consumers to rate varying brand experiences - comparing what a brand promises versus what it delivers.
Around the globe, consumers report that brands set a low bar for the experiences they deliver and struggle to keep up with consumers’ expectations. In fact, over 52 percent of consumers report that brands fail to live up to the promises they make and one-third see overpromising as “just something that brands do.”
Globally, brands that scored high in delivering proof to their promises (through the experiences they create) boast 25 percent more loyalty and more than a 200 percent higher Net Promoter Score (NPS), indicating strong brand health. Showing that satisfaction with the actions and interactions of brands is a stronger indicator of business impact than brands’ marketing messages.
The brand experiences included in the index cover the actions and interactions provided by brands: in-store and employee interactions, online shopping, web and mobile experiences, experiential and social content. The index ranked brands from 1-100.
Amazon, Netflix and Royal Caribbean rank as Experience Leaders (#1) across all experience touchpoints in the US, UK and China respectively and only four other brands consistently show up in the top 20 across touchpoints: Sony, Apple, IBM and IKEA. However, even those that score high teeter on the edge of mediocrity with a B- grade (79). Experience Laggards, brands at the bottom of the Index, receive a failing grade (on average: 53.6).
“Consumers demand brands do more than promise a great experience – they expect proof.Brands that back their words with concrete action reap bigger rewards, and they scored significantly higher on Jack’s Experience Brand Index,” said, Josh McCall, CEO & Chairman, Jack Morton.
The research outlines five key lessons:
To download a copy of the report, visit www.jackmorton.com/blog/experience-brand-index
The study is based on a survey across all demographics in the United States, United Kingdom, and China conducted in the late spring of 2018. Respondents were asked about their interactions with brands during the last six-months.
view more - Brand InsightJack Morton UK, Thu, 20 Sep 2018 11:42:37 GMT