BizRadio chats to Dr. Amelia Richards of Ask Africa as she shares who they have named South Africa’s top 10 iconic brands. The official announcement was done by Ask Afrika in Johannesburg on Friday 19 July 2013. These iconic brands were selected through their latest Target Group Index (TGI) Icon Brands survey, the largest of its kind in South Africa.
Dr Amelia Richards in conversation with BizRadio’s Grant Jansen
Podcast | Click HERE to listen
The 2013/2014 top 10 TGI Icon Brand winners are: 1. All Gold Tomato Sauce (Condiments and sauces), 2.Koo Baked Beans (Tinned food), 3.Huletts Sugar (Sugar and sweeteners), 4. Black Cat (Spreads), 5.Coca Cola (Non-alcoholic cold drinks), 6. Clicks Club Card (Loyalty cards), 7. Albany (Bread), 8. MTN (Telecommunications), 9. Robertson’s (Herbs and spices), 10.Dulux (Paint).
The top 10 Icon Brands were able to reinvent themselves by consistently, earning them the nation’s trust. Although in some instances the product or service is not what changed, it is the brand’s positioning or marketing initiatives that are keeping them in the top position.
Icon brands are ubiquitous and are quintessentially South African. They are used by South Africans of all races, creed or colour, irrespective of background or living standard. These are brands that define a common experience, often on a daily basis to which South Africans are committed to: they vote with their wallets and their hearts in demonstrating this commitment. South Africans love them, are loyal to them and will even look for them when abroad.
We live in a world where the only constant is change and life is ever evolving. The same holds true not only for brands and human behaviour, but in particular consumer behaviour. Spurred on by increasing competition, coupled with a volatile economic climate, sees brands – in particular big brands – no longer able to sit back and assume that consumers will continue to purchase their product simply because they always have. Icon Brands are those brands that remain consistent over time. These are brands that consistently create a relevant experience for consumers. Consumers are changing and this has many implications for brands. Brands need to adapt their strategies to remain relevant and foster an engagement with consumers on their current needs. All Gold, Huletts, Black Cat, Coca Cola, KFC and Dulux are the brands that have stood the test of time.
Winning status has the ability to entrench positive reputation both internally and externally as well as the ability to motivate staff and teams to continuously strive for excellence. TGI Icon Brands enable marketers and advertisers to showcase success within their industry and/or across industry, based on robust sampling and methodological execution. The newly defined 2013 trends empowers marketers to create improved and strategic briefs to agencies.
The TGI research sample used is large enough to be representative of the entire South African population. “Our inclusion of 8 000+ brands across 15 000 South African respondents, demonstrates TGI’s credibility and robust brand tracking expertise. These are classified into 163 categories across nine industries.
Not only is TGI Icon Brands unique in that it measures actual consumption along with brand loyalty, it is also a valuable brand trend measurement. One of the new trends shows that winning brands have evolved from aspirational brands to inspirational brands- they are brands, which get their consumers to change their social behavior into building our country.
Thousands of brands are included in the initial analysis, with only 30 emerging as Icon Brands. A further 27 brands were awarded Platinum Brand status, meaning that their total score was at iconic levels,but not across all population groups. Not all categories had Icon Brands as can be expected, since not all consumers can afford all products. Ask Afrika has released the winners of 163 category winners.
Industries that focus on improving consumer’s lifestyles are currently top ranking Icon Brand industries i.e. restaurants, fast foods, drinks, food travel and leisure. 20 of the 30 Icon Brands have maintained iconic status from 2012.
TGi Icon Brands allows brands to benchmark amongst competitors within industry as well as across industry, relevant to various consumer experiences. An example of an Icon Brand that has changed its status from a potential Platinum Icon Brand to an Icon Brand is BP. With insights gained from last year’s Icon Brand results they have been able to reinvent themselves,
TGI Icon Brands deliver great value through improved brand positioning. It enables insight for improved marketing initiatives and clear consumer-centric perspectives. TGI Icon Brands empower a company’s experience strategy to correctly position brand, human, business and technology. A valuable side effect is that it can give an organisation a framework to understand what features and services will be needed to deliver at the aggregated experience level.
2013/2014 Icon Brands (Top 30 brand ranking)