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News
TFCinfo Announces Results from Major US Plasma Brand
Strength Study (3/5/2005)
TFCinfo: Major US Plasma Brand Study reveals
that Sony and Panasonic are the strongest brands in the plasma industry.
TFCinfo Corp, the worldwide leader in AV
Market Research, reveals its brand strength findings from their
new report entitled "TFCinfo US Plasma Brand Strength Study 2005."
This report is an exciting plasma study of experienced plasma users
and purchasers that goes beyond the usual analysis of brand, since
it also includes such important measures as price premiums for brands,
price sensitivities for display sizes, premiums for higher resolution
displays and much more!
TFCinfo announced today that Sony and Panasonic
are the leaders on overall brand awareness among experienced plasma
users and purchasers in the key market segments surveyed -- business
and entertainment:
Sony
Sony ranks #1 for both segments surveyed
on unaided brand awareness. Sony also takes the #1 spot on aided
brand recognition among entertainment users, but falls to 4th place
on aided recognition among business users. "Sony clearly is a strong
consumer brand, and it is a tribute to Sony that its brand strength
extends to the business aspect of plasma displays, even if at lower
levels of awareness," states Paul Martin, president and founder
of TFCinfo.
Panasonic
Panasonic is one of the best overall performing
brands throughout this research among both business and entertainment
users. Panasonic did extremely well on both unaided and aided brand
awareness. Panasonic also enjoyed a top finish as a brand that is
always considered for purchase, and as a superior brand (brand most
wanted to use or purchase). "It was exciting to see how well Panasonic
did throughout this research," stated Tanya Lippke, TFCinfoâs manager
of survey market research. "Panasonic did well on many of the most
customer-desired purchasing factors, and purchasers are clearly
willing to pay for that. It was interesting to see the price premiums
that purchasers were willing to pay for the Panasonic name versus
other brands."
NEC
NEC was a solid brand performer throughout
this research. NECâs strength currently lies squarely with the business
segment. Additionally, entertainment users are already beginning
to take notice of the same strong product performance qualities
that business users have seen from the brand. NEC is one of the
top plasma brands considered for purchase with roughly half of all
business users stating that they always consider the NEC brand.
NEC also performed remarkably well on important brand affinity attributes
such as quality/reliability, best picture, and as a great investment
(price, best investment for most features).
Pioneer
Through brand association analysis, TFCinfoâs
study reveals that experienced plasma users and purchasers view
Pioneer as a plasma display brand for entertainment use, however
the results of this research show that Pioneer performs equally
well, with very consistent percentages among both user segments
surveyed - business and entertainment. Pioneer is considered for
purchase by roughly half of all respondents surveyed. Pioneer is
also named as a superior brand - users site picture quality by far
as the #1 reason why. Nearly 2/3rds of all respondents surveyed,
regardless of user segment, stated the brand was "above average."
Clearly all experienced end users and purchasers understand the
high quality image that Pioneer is setting forth.
Samsung
Plasma users (both business and entertainment
users) distinctly recognize the Samsung brand, although at lower
levels than top performing brands. Experienced plasma users and
purchasers are clear when it comes to Samsungâs brand image. Users
know that Samsung provides users what they want in a display while
still being affordable.
Dell
For a brand that recently entered the plasma
market in 4Q04, Dell may already have a head start. Although initial
free recall scores were low, Dell enjoyed top tier aided recognition
scores among both business and entertainment users. Dell is a perfect
example of a company that is using the cross-over product halo effect
to their advantage! Dell also captured many #1 spots on certain
brand affinity attributes. Dell may benefit by being seen as both
a business and entertainment brand, performing evenly among user
segments in this research.
Many other brands were researched in-depth
and each show significant strengths and weaknesses in certain areas.
Other brands not previously mentioned that were analyzed include:
BenQ, Gateway, Hitachi, JVC, LG, Luce, Marantz, Philips, Toshiba,
Viewsonic and Zenith.
This report entitled TFCinfo US Plasma Brand
Strength Study 2005 is another in the series of in-depth longitudinal
Audiovisual Brand Strength Studies, and joins TFCinfoâs renowned
annual Projector Brand Strength Studies.
TFCinfo US Plasma Brand Strength Study 2005
not only focuses on the top brands, but on brand performance, brand
affinity and brand associations -- and analyzes these across the
most important user segments in our industry. With this comprehensive
study, plasma companies can track and compare their performance
among business and entertainment users.
TFCinfo US Plasma Brand Strength Study 2005
provides significant insight into the plasma industry through the
eyes of experienced users and purchasers.
TFCinfo US Plasma Brand Strength Study 2005
is a complete report analyzing a multitude of unique measures of
brand strength and its more interesting and subtle derivatives.
Besides the significant work on plasma aided and unaided brand awareness,
this report also measures: Plasma Brand Price Premium ö how much
additional money people are will to pay for your brand over and
above an average brand? How concerned are business customers about
initial purchase cost vs. burn-in issues? How concerned are home
entertainment plasma users about motion artifacts? Who is the most
widely used brand in Business? Who is most widely used brand at
Home? How many hours on average is the display on (Biz vs. Home)?
Most frequent mounting option for plasma. Is it different for biz
vs. home? Why did buyers choose plasma over LCD? Why do your customers
continue to come back to buy? Do your customerâs perceive your brand
as Above Average or Below? What % of Business users currently use
their plasma displays for Dynamic signage applications?
With a complete brand analysis - through
research, such as TFCinfo US Plasma Brand Strength Study 2005, industry
participants can measure their brand strengths and weaknesses for
all facets of plasma brand management. Participants can see the
success or shortcomings of their current branding strategy, as well
as the weaknesses in their competitorsâ strategies. Plasma companies
then can implement new marketing plans to bring their brands to
the forefront of the minds of the purchasers that they target.
www.tfcinfo.com
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