Brand Benchmarks and Norms: Where does your brand stand?
01 Sep 2022

Brand Benchmarks and Norms: Where does your brand stand?

How does your brand measure up in your industry? What is driving brand equity? And how can your brand stand out in a saturated marketplace? Does your advertising work better than your competition? Brands should look to benchmarks and norms to answer these questions. 

Provoke Insights has released multiple benchmarks that can be used to understand where an industry stacks up against others. Marketers can also use the data to determine where their brand is compared to others in its category.

Brand Equity Benchmarks

How strong is the power of the brand? How does your brand fit compared to the industry? Provoke Insights evaluated hundreds of brands toå come up with the industry average. 

The chart below assesses different characteristics that influence brand equity. The data below represents the general population according to the US Census. Each question was asked about the brands in the category below via a 7-point agree scale. The data shows an aggregate of the top three of the agreed scale.

Fits Needs Leader Innovative Purchase in the Next Year Pay More for Brand
Average 80% 78% 77% 77% 71%
Alcoholic Beverages 74% 76% 69% 76% 66%
Automotives 80% 79% 78% 65% 73%
Banking & Investing 82% 77% 78% 82% 64%
Beauty 76% 73% 73% 75% 72%
Cleaning Supplies 85% 84% 82% 87% 77%
Clothing 83% 78% 77% 81% 73%
Ecommerce 81% 79% 78% 82% 69%
Footwear 87% 82% 79% 81% 77%
Furniture 78% 75% 73% 70% 71%
Hospitality/

Tourism

77% 75% 75% 70% 68%
Insurance 83% 78% 74% 81% 65%
Luxury 70% 81% 80% 62% 71%
Non-Alcoholic Beverages 79% 78% 73% 79% 67%
Outdoors 77% 79% 77% 72% 70%
Technology 85% 82% 83% 76% 73%
Toys 73% 76% 77% 72% 74%

Brand Loyalty Benchmarks

Consumers are more loyal to some industries than others. So, what does that mean? Some shoppers tend to stick with their favorite brand over and over again. This is particularly true in the automotive industry. However, in the hotel industry, travelers are less loyal as they want to try new brands.

The Brand Loyalty Benchmarks are based on a five-point scale from “only purchasing the brand” to “only purchasing other brands.” The loyalty score is calculated by the mean overall industry score minus the individual category score. For more information, visit out Spring 2022 Trends Page.

Industry  Loyalty Score 
Automobiles  14.31
Major appliances 12.61
Airline 11.11
Cruise line 9.01
Power tools  7.71
Skincare 6.11
Electronics 6.01
Fine Jewelry/watches 2.41
Beauty supplies 2.51
Hotel -7.19

Proprietary Advertising Norms 

Provoke Insights also has several proprietary industry norms to help with advertising testing. These benchmarks are based on an aggregate of several ad tests. This information helps determine if the assessment of the marketing material is below or above the competitive advertisements.

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