BCBusiness

June 2019 – What's With the Suit, Mann?

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

Issue link: http://digital.canadawide.com/i/1119976

Contents of this Issue

Navigation

Page 43 of 63

44 BCBUSINESS JUNE 2019 BC Hydro saves the day like that, they almost always get a bump in positive pub- lic sentiment." In another notable upset, Save-On- Foods slips from No. 2 to No. 4. YVR holds steady at third, and A&W drops one spot to …nish …fth. The brand with the biggest spread between survey respondents aged 18‰34 and the 55-plus crowd is Lululemon (No. 47). The yogawear giant's Brand Love scores for the two groups: 140 versus 43, which doesn't surprise Rodenburgh. "It's a very youthful brand," he says. Trans- Link (No. 23), Herschel Supply (No. 61) and newcomer Saje, debuting at No. 65, also skew heavily toward the 18-to-34 crowd, Rodenburgh notes. Herschel only moves up one spot, but it …nishes second among Brand Love score gainers. "I feel like I see more product in stores," Rodenburgh says of the bag maker. "They seem to be getting much better dis- tribution, and there's a phenomenon in marketing that brand awareness and love for your brand very often follows improve- ments in your distribution." Likewise, BCAA, which climbs three places to No. 8, posts big Brand Love gains. That perfor- mance could have something to do with its Evo car-sharing service. "Today's more urbanized millennial youth doesn't own cars as frequently as the previous generation did, and so I think launching Evo helped them resonate with a demographic that was atypical for BCAA at the time and likely breathed a little bit of life into the brand." Although Save-On-Foods took a tum- ble, the grocer makes the top 10 lists for all age groups. "Save-On-Foods still has a really, really big presence across the province," Rodenburgh says. "A brand like that is not going to fall hard and fast." How- ever, the chain faces growing competition from Amazon, which sells a vast range of products, and its Whole Foods Market subsidiary. "While they have done a pretty good job at rolling out their digitally driven home food deliv- ery service, Amazon's a giant to compete with." Meanwhile, London Drugs has the highest Brand Love score among those 55 and older. "If I were the CEO of London Drugs," Rodenburgh says, "I'd be looking at that data point and going, OK, I might have a really successful business right now, but what does that say about my business in …ve to 10 years, when more millennials start to become parents?" Among left-leaning respondents, busi- 50 100 150 LONDON DRUGS Y VR SAVE-ON-FOODS A&W WHITE SPOT PURDYS BCA A TELUS BEST BUY BC FERRIES BOSTON PIZ Z A THE KEG FORTISBC WORKSAFEBC PNE CHE VRON DOLL AR TREE PHARMASAVE BC HYDRO (complete list on page 49 B.C.'s 20 Most Loved Brands (–1) (N/C) (–2) (–1) (–1) (N/C) (+3) (+1) (–4) (+1) (–3) (+2) (+2) (–1) (+6) (–4) (+1) (N/A) (+5) (+7) Brand Love score (change in rank from 2018) B.C.'s Most Loved Brands ❤ SUN-RYPE

Articles in this issue

Archives of this issue

view archives of BCBusiness - June 2019 – What's With the Suit, Mann?