BCBusiness

June 2018 This Business Owner Has a Plan for Life After Work

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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bCbusinEss.Ca people, they tend to be brands that would resonate with younger audiences," Roden- burgh explains, pointing to the Vancouver Canucks (up a notch to No. 26) and the PNE, which vaults 10 places to No. 13. YVR (No. 3, a three-place gain) is also a hit with can- nabis users, he observes, joking, "Hopefully they're not taking it through the airport." By contrast, some brands speak to the older, pot-eschewing crowd. " BCAA, for example, resonates much, much more with people who don't smoke cannabis, and go ‰gure, they also have a lot higher Brand Love score for people over the age of 55," Rodenburgh says. "The same pattern exists for BCLC as well as FortisBC." To gauge how much people from the three age groups agree or disagree about a particular brand, Ipsos took a standard deviation across them and expressed it against an average. Where London Drugs, Save-On-Foods (No. 2) and YVR came up low in that metric, contact lens and eyeglass spe- cialist Clearly (No. 58), bag maker Herschel Supply (No. 62) and clothier Kit and Ace (No. 65) clocked in at the high end. "What that's suggesting is people of diœerent age groups have signi‰cantly dif- ferent opinions of how much they love those brands," Rodenburgh says of the last three. For example, international sensation Herschel, which he calls "a bit of a hidden success in the local marketplace," skews strongly younger. "What's the path to getting a better Brand Love score?" Rodenburgh asks. "Being bigger allows you to have greater muscle from a marketing perspective, but it also really helps if you are universally loved as opposed to being a niche brand." Ÿ how Our survey Worked Ÿ ipsos conducted the most loved brands study between February 7 and 15, 2018 Ÿ the online survey consisted of 1,301 interviews with british Columbians aged 18-plus Ÿ Respondents were asked to rate 65 b.C.-based brands across a wide variety of dimensions Ÿ brand love is a proprietary composite metric based on several questions. ipsos uses it to determine how much a brand resonates with consumers at an emo- tional and a functional level Ÿ ipsos standardizes all brand love scores against each other, with the average b.C.-based brand receiving a score of 100 Biggest Brand Love score gainers and losers tRanslink (n0. 24) bROWns sOCialhOusE (n0.4 2) pnE (n0.13) thE pROVinCE (n0. 2 3) panagO (n0. 27) E aRth's OWn (n0.5 4 - t ie) +23% +17% +15% +13% +13% +13% kit and aCE (n0.6 5) iCbC (n0.3 6) Flight CEntRE (n0.5 3) bC hydRO (n0.8) CRaFtsman COllisiOn (n0.5 4 - t ie) -32% -16% -14% -12% -12% +13% junE 2018 BCBusiness 43

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