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SOURCE Harris Poll
Hy-Vee, Publix, Wegmans and Costco Receive Highest Brand Equity Scores
NEW YORK, July 21, 2014 /PRNewswire/ -- The 2014 Harris Poll EquiTrend® (EQ) study, which measures brand equity for more than 1,500 brands across 170 categories, finds traditional grocery store brands rank highest overall in three of the four regions surveyed. The EQ index examines three key factors of brand equity: Familiarity, Quality and Purchase Consideration. (More detailed findings for this category available here.)
This is the first time in the study's 26-year history that Americans were surveyed about grocery retailers on a regional level using the four census regions: West, Midwest, Northeast and South. A mix of grocery retailer formats was included in the study, including traditional grocery stores (e.g. Kroger, Giant), mass retailers with grocery sections (e.g. Walmart, Target), discount grocery stores (e.g. Aldi, Food 4 Less) and club stores with grocery sections (e.g. Sam's Club, Costco), as well as the specialty grocers Trader Joe's and Whole Foods Markets. The study awards Brand of the Year status to regionally focused, traditional grocery store brands in the Midwest, Northeast and South regions. "These stores put an emphasis on building a relationship with the customer," says Michael Treboni, EVP of retail professional services at Nielsen, "and it's paid off with positive Brand Equity." Costco is Brand of the Year in the West region, where the retailer has half of its U.S. retail outlets. "While Costco is an international retailer, it has its roots in the West and that strong presence resonates in their Brand Equity scores," says Treboni.
Hy-Vee Is Midwest Grocery Store Brand of the Year
In America's heartland, consumers name Hy-Vee as the Midwest Grocery Store Brand of the Year. While not among the most Familiar brands for the region, consumers who are familiar with the brand give strong marks for Quality and Purchase Consideration. "Hy-Vee has strong Purchase Consideration scores and very 'connected consumers,' meaning they have strong feelings for the brand and believe it's a good fit for them," says Treboni. Also ranking above the Midwest Region Grocery Store category average are Meijer, Giant Eagle, Kroger, Whole Foods Market, Trader Joe's, Walmart (Groceries) and Jewel & Jewel-Osco.
Wegmans Highest Ranked in the Northeast
In the Northeast, Wegmans is Brand of the Year in the Grocery Store category. With about 80 stores, most located in New York and Pennsylvania, Wegmans has a smaller footprint than many competitors in the region. "However, Wegmans' exceptional Quality and Purchase Consideration ratings make them look like a regional David among national-brand Goliaths," says Treboni. Trader Joe's, Whole Foods Market, ShopRite, Hannaford Bros., BJ's Wholesale Club (Groceries), Stop & Shop, Costco (Groceries), Price Chopper and Giant Food Stores also rank above the Northeast Region Grocery Store category average.
Publix Earns Brand of the Year in the South
Stretching from Texas to Florida and up the east coast to Maryland, the South region is a sprawling patchwork of grocery retailers, and Publix is its Grocery Store Brand of the Year for 2014. Primarily located in Florida and Georgia, Publix earns the top ranking with strong Purchase Consideration ratings and Quality marks. "Publix has a high level of Brand Advocacy, which means their consumer fan base is telling others how good they feel the brand is. That's brand strength," says Treboni. Also ranking above the South Region Grocery Store category average are Walmart (Groceries), H-E-B, Trader Joe's, Harris Teeter, Whole Foods Market, Kroger, Sam's Club (Groceries) and Target (Groceries).
Costco Highest Ranked in West Region
Costco is the Brand of the Year among West Region Grocery Stores, with the highest Brand Equity ranking of any brand in any region. "Costco has a large proportion of consumers who are "Extremely Familiar" with the brand in the West which, along with notable Quality and Consideration, drives the top score," says Treboni. Other brands to rank above the category average in the West Region include Trader Joe's, Whole Foods Market, Safeway and Stater Bros. Markets.
When looking across the four regions, it is worth noting that both Trader Joe's and Whole Foods Markets are the only national brands to rank above the category average in all four regions, with consistently strong Quality and Purchase Consideration scores. This echoes findings from the 2012 Nielsen Store Choice Drivers study, which focused on identifying store characteristics that help build equity with shoppers. The 2014 version of Store Choice Drivers will be released in the fall with a link to key EquiTrend metrics.
Harris Poll EquiTrend® Methodology
A sample of 41,806 U.S. consumers ages 15 and over were surveyed online from January 3 through January 31, 2014 and the survey took an average of 30 minutes to complete. The total number of brands rated was 1,531. Each respondent was asked to rate a total of 40 randomly selected brands. Each brand received approximately 1,000 ratings. Data were weighted to be representative of the entire U.S. population of consumers ages 15 and over based on age by sex, education, race/ethnicity, region, income, and data from respondents ages 18 and over were also weighted for their propensity to be online. Respondents for this survey were selected from among those who have agreed to participate in Harris Poll surveys. The data have been weighted to reflect the composition of the adult population. Because the sample is based on those who agreed to participate in our panel, no estimates of theoretical sampling error can be calculated.
The Brand Equity Index is the keystone to the EquiTrend program, providing an understanding of a brand's overall strength. A brand's Equity is determined by a calculation of Familiarity, Quality and Purchase Consideration. Brand of the Year is determined by a simple ranking of brands.
These statements conform to the principles of disclosure of the National Council on Public Polls.
Harris Poll EquiTrend® study results disclosed in this release may not be used for advertising, marketing or promotional purposes without the prior written consent of Harris Poll.
Product and brand names are trademarks or registered trademarks of their respective owners.
About Nielsen & The Harris Poll
On February 3, 2014, Nielsen acquired Harris Interactive and The Harris Poll. Nielsen Holdings N.V. (NYSE: NLSN) is a global information and measurement company with leading market positions in marketing and consumer information, television and other media measurement, online intelligence and mobile measurement. Nielsen has a presence in approximately 100 countries, with headquarters in New York, USA and Diemen, the Netherlands. For more information, visit www.nielsen.com.
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