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He further added, The survey was conducted with an aim to
inform consumers about the most preferred brand; the attributes
that they preferred over a multitude of brands in various categories,
in unison with creating an awareness among advertisers and manufacturers
about the parameters on which a particular brand is preferred by
consumers over other brands.
Commenting at the awards ceremony, Sarang Panchal, ED, ACNielsen
ORG-MARG said, "The Awaaz Consumer Vote research conducted
by AC Nielsen ORG MARG is one of the largest of its kind and covers
what marketers are looking at very keenly - the emerging aspirations
of key geographies and consumer segments and its implications for
leading brands."
The results of the Awaaz Consumer Vote Awards 2005
will be documented in the Awaaz AC Nielsen ORG-MARG Research
Handbook. The following were the winners at Awaaz Consumer
Vote Awards 2005:
Category Preferred brand
Banks SBI
Insurance LIC
Non-Life Insurance National Insurance & New India
Assurance
Mutual Funds UTI Mutual Fund
Credit Cards ICICI Bank
Housing Loan ICICI
Auto Loan ICICI
Television LG Electronics India Ltd
Refrigerator Godrej
Washing Machine Videocon & LG Electronics India Ltd
Wrist Watches Titan
Cell phone Nokia
Cellular service Airtel
Detergents Rin
Toothpastes Colgate
Toilet soaps Lux
Readymade garments LEE
Investment advisors Sharekhan
Employers Tata Group
Two wheelers Hero Honda
Cars Maruti Udyog Limited
Selection Criteria
Respondents belonging to the age group of 18-60 years comprising
of males and females belonging to SEC A, B & C households from
different parts of the country were selected. A large-scale quantitative
research
technique was adopted to carry out the research among the target
respondents.
Preferred brand rather than favourite
brand was the parameter captured, in this study as preference was
deemed to reflect experiential and thereby more realistic responses.
Preference also indicated future
intentions of repeat purchases.
Spontaneous responses rather than prompted responses were
taken in to bring out unbiased preferences with the intention to
capture memorable brands.
Opinions were garnered from owners rather than non-owners
of the said categories with the view to elicit experientialresponses,
likely to be more realistic/grounded in nature.
Among youth, preferred career options rather than specific
brands were captured as this is likely to provide more meaningful
insights into future proclivity while opinions on brands (institutes)
were likely to be undecided.
Awaaz is TV18 Groups Hindi channel and the only consumer
channel in India.
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