New Delhi, India, 30th January 2014:India’s much anticipated and most rigorous brand evaluation, The Brand Trust Report, India Study, a comparison of the trust held in brands, has been released for 2014. Samsung leads North India and All-India as the Most Trusted brand, followed by Sony, which secures 2nd rank in both groups as well. Nokia ranks 3rd in North, up from fifth place All-India, and Tata is North India’s 4th Most Trusted brand, down one place from its All-India rank. LG secures North India’s 5th position, down one place from its All India rank. Reliance at North India 6th betters its All-India rank of ninth and LIC at 7th in the north is up seven places from its All-India position. Hewlett Packard at 8th position is down two places, Maruti Suzuki at 9th betters its All-India rank by one slot and Honda at North India 8th is up two places as compared to All-India ranks. Last year the 5 Most Trusted North India brands were Nokia, Samsung, Sony, BMW and Tata.
The Brand Trust Report, the fourth in its series, is the result of a comprehensive primary research conducted on the proprietary 61-Attribute Trust Matrix of TRA (formerly known as Trust Research Advisory). This year’s study involved 15000 hours of fieldwork covering 2500 consumer-influencers across 16 cities in India and generated 5 million datapoints and 20000 unique brands from which the top 1200 brands have been listed in this year’s report. These brands have been classified into 284 different categories as against 213 categories in 2013. The North zone cities include Delhi, Chandigarh, Lucknow, Jaipur and Indore, covering 26.3% of all the respondents.
N. Chandramouli, CEO, TRA, said on the occasion of the report’s launch, “North India’s preferences have always been distinct and do not tow the All-India line. While a comparison of the top 25 in the zone shows small differences, these differences become stark as we study the entire group of 500 brands.”
The Brand Trust Report, India Study, 2014, lists each zone’s 500 Most Trusted brands. The ten top gainers out of the 322 brands which gained ranks in the North Zone as compared to their All-India ranks are, Abbott Labs (748 ranks), Addiction (734 ranks), Baidyanath (731 ranks), Dr. Reddy (727 ranks), Cycle Agarbatti ( 718 ranks), Jivi Mobile (718 ranks), Shine.com (715 ranks), Crossword (710 ranks), MTS Blaze (710 ranks) and SMC (692 ranks).
The ten biggest rank losers out of the 173 brands which fell in ranks against their All-India ranks are Polo (-388 ranks), Oral B (-321 ranks), IFB (-283 ranks), YouTube (-271 ranks), Kissan (-264 ranks), Rexona (-256 ranks), Vim (-255 ranks), Paragon (-251 ranks), Tommy Hilfiger (-245 ranks) and Pizza Hut (-241 ranks).
“Two hundred and thirty five brands in the North have a 50 rank gain or more, with one hundred and twenty five out of them having more than a 200 rank gain over All-India ranks. Fifty Eight brands out of the list also have a hundred rank fall or more”, Chandramouli added.
About Trust Research Advisory:
Trust Research Advisory (TRA), a part of the Comniscient Group, is a company dedicated to understanding and simplifying concepts related to Trust. TRA was conceived in 2008 to decipher, analyze and measure Brand Trust, to make it universally understood and easily applied. Apart from The Brand Trust Report, TRA also publishes India’s Most Attractive Brands, a study based on TRA’s proprietary Attractiveness Quotient Matrix. Committed to create metrics for better resource allocation for brands, TRA owns the global copyrights to Brand Trust and Attractiveness Quotient Matrices.
About The Brand Trust Report, India Study – 2014:
The Brand Trust Report, India Study, 2014 (ISBN:978-81-920823-6-3), the fourth in the series, is the result of a primary research based on the proprietary 61-component Trust Matrix. This year’s research was conducted among 2500 consumer-influencers across 16 cities, and generated nearly 5 million datapoints and 20000 brands, making it the most intensive study on Brand Trust across the globe.
For further information, please contact:
Sachin Bhosle – firstname.lastname@example.org