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CONSUMER&
BRANDBrandKPIs
for
grocery
stores:
VishalMega
Mart
in
IndiaConsumer
Insights
reportNovember2024Discover
your
Brand
KPI
scores.
Benchmark
against
competitors
and
measureyour
brand’s
marketimpactIntroduction:
studydetailsThe
reportMethodologyThisreport
hasbeen
created
usingthe
datafromStatista’sConsumer
InsightsBrand
KPIs.Thereportprovides
you
with
key
consumer
insightsandbenchmarks
forabrand’sperformance
againsttheindustryoverall
and
theircompetitors.Design:OnlineSurveyDuration:
approx.
15
minutesLanguage:official
language(s)
ofeach
country
withAmerican
Englishoffered
asanalternativeRegions:Brazil,Germany,
India,
Mexico,
U.S.
and
UKNumberofrespondents:approx.
1250Ourdataallows
you
tomeasure
each
brand’spositioninthe
market
bycreating
aprofile
usingStatista’s5key
performance
indicators.
Which
are:
awareness,popularity,usage,loyalty,and
media
buzz.Sample:
Internet
users,
aged18
-64,
quotasset
ongender
and
ageThisreport
is
basedon
Vishal
Mega
Mart’sperformance
inthe
grocery
store
market.Fieldwork:June2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Sources:
Statista
Consumer
Insights
Global,
asofNovember202480%
of
Vishal
Mega
Mart
users
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket??Vishal
Mega
Mart’s
branding
resonates
more
with?Vishal
Mega
Mart
ranksfourthinawareness
withinMillennialsthe
grocery
store
market?Vishal
Mega
Mart
generally
appealstomen
morethan
women?Thepopularity
ratingof
Vishal
Mega
Mart
is
46%?Vishal
Mega
Mart
ranksfifth
inusage?Among
Vishal
Mega
Mart
enthusiasts,38%
fallunderthe
high-income
category?Interms
of
loyalty,Vishal
Mega
Mart
isfifth
inIndia?Vishal
Mega
Mart
hasascore
of
26%
for
media
buzz?Consumers
want
theirgrocery
store
brandstohavehonesty
/trustworthiness,
friendliness,
andauthenticity3Sources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
01Brand
profileInthissection,
we
show
the
demographics
and
attitudesof
consumers
who
saytheylikethisbrandversus
the
share
ofindustryusers.
Thechapteraimsto
bringclarity
tocompanies
who
want
to
know
whotheirbrandingiscurrently
appealingtoand
what
theythinkaboutthe
industry.4Loyalty
is
the
highest
scoring
KPI
for
Vishal
Mega
Mart
at
80%Brand
profile:
snapshotBrand
performance
of
Vishal
MegaMart
inIndia80%69%46%44%26%AwarenessPopularityUsageLoyaltyBuzz5Notes:Grocery
stores‘a(chǎn)wareness’,‘popularity’,
‘usage’,‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,249,
all
respondents(awareness),
n=859,
respondents
who
know
the
individual
brand
(popularity),
n=859,
respondents
whoknow
the
individual
brand(usage),
n=378,
respondents
who
have
used
the
individual
brand
(loyalty),
n=859,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Vishal
Mega
Mart’s
branding
resonatesmore
with
MillennialsBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations47%46%43%42%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeVishal
Mega
Mart
bygenerationversus
the
share
ofindustryusers
ingeneral,
we
cansee
thatVishal
Mega
Mart
islikedby0%
of
Babyboomers
and
9%
of
Gen
Xers,whereas
thetotalshareof
industryusers
is
0%
and
12%,
respectively.ForMillennials
andGen
Z,
47%
and
43%
feel
positivelytowards
Vishal
Mega
Mart,versus
42%
and
46%.
Socurrently,
forVishal
Mega
Mart,Millennials
connectmost
with
theirbrandcompared
tothe
overall
industryuser.12%9%0%
0%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestogrocery
stores,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:n=394,
Vishal
MegaMartenthusiast,
n=1,217,
grocery
storeusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Vishal
Mega
Mart
generally
appeals
to
men
more
than
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
Vishal
Mega
Mart
showsthatwomen
are
less
likely
tohaveanaffinity
with
thebrand
compared
tomen.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesof14%consumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
Vishal
Mega
Mart
hasasimilar
proportion
of
LGBTQIA+16%78%40%60%41%59%60%
ofmen
likeVishal
Mega
Martcompared
to
40%
of
women,
whereasfortheoverall
industry,59%
of
men
usegrocery
stores
compared
to41%
ofwomen.79%consumers
when
compared
totheindustryusers
ingeneral.14%
ofVishal
Mega
Mart
enthusiastsconsider
themselves
tobe
partof
theLGBTQIA+
community
compared
to16%among
industryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
grocery
stores,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=394,
Vishal
MegaMartenthusiast,
n=1,217,
grocery
storeusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Vishal
Mega
Mart
enthusiasts,
38%
fall
under
the
high-income
categoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
anduserswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.1%4%Single35%38%5%6%CoupleSingleparentNuclear38%
ofVishal
Mega
Mart
enthusiastsarefrom
high-income
households.Vishal
Mega
Mart’sbrandisgenerallyenjoyed
more
byconsumers
who
arepartof
anextended
household,
40%
ofVishal
Mega
Mart
enthusiastshavethiscurrent
living
situation.3%4%33%32%19%19%34%Multi-generational30%28%40%37%ExtendedOther28%2%2%Brand
enthusiastIndustryuserLowHighMediumBrand
enthusiastIndustryuser8Notes:Recode
based
on’’Monthly/annual
household
income
(local
currency)’’;Single
Pick;Typology
basedon
’’household
size’’,
’’household
constellation’’
and
’’children
under
the
ageof14
in
household’’;
Single
Pick;“When
it
comesto
grocery
stores,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=394,
Vishal
MegaMartenthusiast,
n=1,217,
grocery
storeusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Consumers
want
their
grocery
store
brands
to
have
honesty
/
trustworthiness,friendliness,
and
authenticityBrand
profile:
qualitiesQualitiesuserswant
from
grocery
store
brandsForgrocery
stores,
thetopthreequalitiesusers
want
from
abrand
arehonesty
/trustworthiness,
friendliness,andauthenticity.Authenticity80%Thrill/ExcitementSustainabilityBoldnessCleverness60%40%20%0%Vishal
Mega
Mart
users
alsoappreciatethese
key
attributes,indicatingVishalMega
Mart
exudesthese
qualities.SocialresponsibilityCoolnessThequalitiesthatVishal
Mega
Martenthusiastsare
least
focused
on
arethrill/excitement
andcleverness.ReliabilityExclusivityVishal
Mega
Mart
shouldwork
onpromoting
exclusivity
to
convertenthusiastsintoowners.InnovationInclusivenessFriendlinessHighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
grocery
stores,
which
ofthese
aspects
are
mostimportant
to
you?”;Multi
Pick;
“When
it
comes
togrocery
stores,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
“When
it
comes
togrocery
stores,which
ofthe
following
brands
have
youused
in
the
past12
months?”;
Multi
Pick;
Base:
n=378,
Vishal
MegaMartusers’,n=394,Vishal
MegaMartenthusiast,
n=1,217,
grocery
storeusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Vishal
Mega
Mart
fans,
43%
state
that
they
get
excited
about
grocerystoresBrand
profile:
attitudesWhat
doconsumersthink
ofgrocery
stores
ingeneral?56%54%53%45%45%43%43%42%39%39%38%34%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrands
Iget
excited
about
IliketotalkaboutIknow
and
trustgrocery
storestopicsrelating
togrocery
storesBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
grocery
stores
do
youagreewith?”;
Multi
Pick;“When
it
comesto
grocery
stores,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=394,
Vishal
MegaMartenthusiast,
n=1,217,grocery
storeusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1180%
of
Vishal
Mega
Mart
users
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
grocery
stores,
theaverageawareness
ofabrandinIndiais64%.
Awareness
ofVishal
Mega
Mart,however,
isat69%.Awareness46%
ofIndiangrocery
store
users
saytheylikeVishalMega
Mart,compared
toanindustryaverage
brandpopularity
of45%.44%
ofindustryusers
inIndiasaythey
useVishalMega
Mart,withtheaverage
usageof
abrandat39%.BuzzPopularity80%
ofbrandusers
saytheywould
usethe
brandagain,compared
toanaverage
loyalty
score
of
75%.Vishal
Mega
Mart
hasbeen
noticed
less
inthe
mediacompared
to
other
brands,with
a“Buzz”score
of26%compared
to
36%.Sooverall,
the
results
showtheir
performance
tobeabove
average
compared
to
theindustry.LoyaltyBrandUsageIndustryaverage12
Notes:Grocery
stores‘a(chǎn)wareness’,‘popularity’,
‘usage’,‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,249,
all
respondents(awareness),
n=859,
respondents
who
know
the
individual
brand
(popularity),
n=859,
respondents
whoknow
the
individual
brand(usage),
n=378,
respondents
who
have
used
the
individual
brand
(loyalty),
n=859,
respondents
who
know
the
individual
brand
(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Vishal
Mega
Mart
ranks
fourth
in
awareness
within
the
grocery
store
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofVishal
Mega
MartRank#
BrandAwareness
%Driving
recognition
will
lead
to
growing
yourcustomerbaseand
measuring
brandawareness
isakeycomponent
toachieve
this.Withthisscore,
you
cangaugethe
current
market
presence
ofabrand,understandthebrand’svisibility,competitiveness,
andrecognition
among
theirtarget
audience.
Further
tothis,itisaperfect
way
toassess
yourcurrentmarketing
strategies.1Smart
Bazaar92%92%85%69%64%61%61%60%54%52%2Reliance
FreshDmart31%34Vishal
Mega
MartStarBazar5Usingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.6Nature's
BasketMore769%8Spencer’s
RetailLuluHypermarketNilgirisOutofallrespondents,
69%
were
aware
of
VishalMega
Mart.
Thisranksthemfourth
compared
tootherbrandssurveyed
inthismarket.9AwarenessN/A1013
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,249,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024The
popularity
rating
of
Vishal
Mega
Mart
is
46%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofVishal
MegaMartRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1Dmart70%70%60%50%46%45%40%40%37%35%2Reliance
FreshSmart
BazaarLuluHypermarketVishal
Mega
MartNature's
Basket24Seven3446%Outofconsumers
who
knew
thebrand,
46%
saidtheyliked
Vishal
Mega
Mart.
Thisranksthemfifthcompared
to
other
brandssurveyed
inthismarket.554%678StarBazar9Spencer’s
RetailMorePopularityN/A1014
Notes:“When
it
comesto
grocery
stores,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=859,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Vishal
Mega
Mart
ranks
fifth
in
usageBrand
KPIs
&benchmarking:
usageSummaryUsage
ofVishal
MegaMartRank#
BrandUsage
%64%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
used,weasked
each
respondent:
“When
itcomes
to
grocerystores,
which
ofthefollowing
brandshaveyou
used
inthe
past12
months?”.1Reliance
Fresh2Dmart63%3Smart
BazaarLuluHypermarketVishal
Mega
MartNature's
BasketStarBazar51%Outofconsumers
who
knew
thebrand,
44%
saidtheyused
Vishal
Mega
Mart.
Thisranksthemfifthcompared
to
other
brandssurveyed
inthismarket.445%44%544%56%637%736%8More34%924Seven33%UsageN/A10Spencer’s
Retail29%15
Notes:“When
it
comesto
grocery
stores,
which
ofthe
following
brands
have
youused
in
the
past12
months?”;
Multi
Pick;Base:
n=859,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofNovember2024In
terms
of
loyalty,
Vishal
Mega
Mart
is
fifth
in
IndiaBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofVishal
MegaMart’s
consumersRank#
BrandLoyalty
%86%Afterascertaining
the
usageof
abrandinthe
last12months,the
next
most
important
indicatorisbrandloyalty.
Thisscore
allows
ustoestablish
whether
abrandisperforming
well
inregard
to
customerretention.
Measuring
brandloyalty
establishes
aclearfeedback
loop
with
customers,
providing
valuableinsightsinto
customer
satisfaction
and
preferences.
Itisalso
apowerful
predictor
to
help
guide
marketingstrategies
andforecast
futuresalesandrevenue
moreaccurately.1Dmart20%2Reliance
Fresh24Seven85%382%4LuluHypermarketVishal
Mega
MartSmart
BazaarSpencer’s
RetailMore82%580%677%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
grocery
stores,which
of
the
following
brandsareyou
likely
touseagaininthe
future?”.776%874%80%9StarBazar72%Outofrespondents
whohaveused
Vishal
Mega
Mart,80%
saidthey
would
usethebrand
again.LoyaltyN/A10Nature's
Basket71%16
Notes:“When
it
comesto
grocery
stores,
which
ofthe
following
brands
are
youlikely
touse
againin
the
future?”;
Multi
Pick;Base:n=378,
respondents
who
have
used
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Vishal
Mega
Mart
has
a
score
of
26%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofVishal
MegaMartRank#
BrandBuzz%61%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1Reliance
Fresh2Dmart58%26%3Smart
BazaarLuluHypermarketNature's
Basket24Seven48%Outofconsumers
who
knew
thebrand,
26%
saidtheyhadheardaboutVishal
Mega
Mart
inthe
media.
Thisranksthemtenthcompared
tootherbrandssurveyedinthismarket.445%539%637%7easyday
clubStarBazar29%74%827%9Nilgiris26%BuzzN/A10Vishal
Mega
Mart26%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=859,
respondents
who
know
the
individual
brand
(Buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024STATISTACONSUMER
INSIGHTSUnderstand
what
drivesconsumersGainabetterunderstandingofconsumers,brands,andmarkets.Withthe
Statista
Consumer
Insights,
youget
access
tostreamlinedmarketresearchtoolsandallresultsofthe
exclusiveStatista
surveys.
Leverage
consumerinsightstomakedata-drive
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