MUMBAI: Ipsos, an independent market research company controlled and managed by research professionals, has released a study on Most Influential Brands (MIB) in India. Affluent Indians have chosen their winners. Google has emerged as the MIB of circa 2017.
Technology and e-tailing brands have taken up other places in the top five positions, as per Ipsos study. Amazon is at the number two spot, followed by the mobile service provider Jio at the third spot, social engagement site Facebook is ranked fourth, followed by e-marketplace Flipkart, at the fifth position.
Ipsos executive director brand health tracking Jyoti Malladi said, “Influential brands provide a sense of purpose by reflecting our personal values. They are an extension of us. They help consumers engage with them long after the purchase. Further, consumers make deep emotional connections with these brands as they are surrounded by them for the most part, occupying a meaningful place in their lives.”
Barring one FMCG player, the rest are all technology and telecom brands – Samsung (ranked sixth), Patanjali (ranked seventh), Microsoft (ranked eighth), iPhone (ranked ninth) and Apple (ranked tenth).
The MIB study ranks 100 brands across categories, shortlisted as per advertising spends. The key parameters of evaluation were - trustworthy, engagement, leading edge, corporate citizenship and presence.
The study was conducted online, among 1000 nationally representative affluent audiences from the top metros.