Thursday, July 13, 2017

Most Improved Brands Among Millennials

In the results of a recent survey released by the public-perception research firm, YouGov BrandIndex, millennials reveal which brands were the most successful in gaining their patronage. Although some of the brands are not so surprising, others, including brands considered to be traditional, stand out from the list.

The rise of the sharing economy puts Uber at the top of the list, despite public relations woes plaguing the company. Chase also occupies the list at No. 13, prompting Ted Marzilli, CEO of YouGov BrandIndex, to say, “ethics are good, but price and convenience carry the day”.

Traditional brands can also be found in the top 20. The presence of Puma, Delta Airlines, Visa, Adidas, and Ace Hardware show the value millennials place in adaptability. However, it’s important to realize why these brands make the list. These “graybeards” so to speak, aren’t popular for their nostalgia but rather for their ability to stay relevant and adapt to current times.

Another head scratcher on the list is number five, TLC, which dates back to the 1970’s. However, the network has gone through several facelifts to evolve from an education-oriented channel to a source of entertainment filled with Honey Boo Boo and shows like, “My Fat Saved My Life”. 

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