BCBusiness

February 2016 The New Face of Philanthrophy

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.

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istock february 2016 BCBusiness 27 in our third annual ranking of b.c.'s top brands, we shift the focus from love to influence–and the results might surprise you W ho wants to be loved when you can have inuence instead? Is it worth seeking both love and inuence? Those are a couple of the questions we asked this year as we revamped our annual Most Loved Brands in B.C. list to reect what we think is argu- ably a more powerful ranking of B.C.'s top brands. As Michael Rodenburgh, vice- president for Western Canada for Ipsos, our research partner, explains, "Brand love is highly correlated with commercial activity and advertising." Inuence, meanwhile, "is more reective of not only the relation- ship that somebody has with a brand, but how much that brand a„ects their life. It's a lot more about the impact." Compare the love and inf luence rankings, found on page 38. The list of B.C.'s most inuential brands is dominated by institutional names—BC Hydro, Telus, YVR, Fortis, ICBC—while the "love list" has more retail types: Purdys, A&W, London Drugs. That makes sense, given Rodenburgh's comment about impact: ICBC, loved or not, has more impact on our lives than A&W, as much as we might love that storied burger joint. B.C.'s most InfluentIal Brands On LOVE Influence ♥ +

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