You Get What You Pay For:
Nearly Half (45%) of Global Citizens Will Switch Brands For One Believed to be Higher Quality, Even if Price is Higher
Tuesday, October 22, 2013
Global — Nearly half (45%) of those in 25 countries agree – give a rating of five (18%) or four (28%) out of five on an agreement scale – that they will switch brands for one they believe is higher quality, even if the price is higher. One in three are neutral – give a rating of three (32%) out of five – while two in ten (23%) disagree – give a rating of one (11%) or two (12%). The findings reflect a new poll of 18,503 online respondents conducted by Ipsos OTX – the global innovation center for Ipsos, the world’s third largest market and opinion research firm.
Those who appear most likely to prioritize quality over price – providing a five or four rating – hail from: Norway (62%), Sweden (57%), India (56%), Indonesia (56%), Mexico (54%), Brazil (52%), Germany (52%) and Turkey (52%). Those in the middle of the pack are from: South Africa (51%), Argentina (50%), China (49%), Russia (49%), South Korea (49%), United States (47%), Canada (44%) and Spain (44%). Those least likely to agree are from: France (42%), Australia (40%), Great Britain (37%), Saudi Arabia (37%), Hungary (36%), Belgium (34%), Italy (33%), Poland (28%) and Japan (25%).
Socioeconomic variables appear the most likely indicator as to whether or not a global citizen will switch brands for quality, even if the price is higher. Those with a high household income (57%) are considerably more likely than those with medium (45%) or low (38%) to agree. Similarly, those with a high level of education (53%) are more likely to agree than those with medium (46%) or low (39%) education levels. Social media activity also seems to correlate with choosing quality over price: ‘active’ users (50%) are more likely than passive (45%) and inactive (38%) users to agree with the statement.
These are findings of the research led by Ipsos Open Thinking Exchange (Ipsos OTX) collected by Ipsos Global @dvisor as part of Sociologue, an ongoing publication that features conversation-starting commentary on social media trends and behavior. The research was conducted on the “G@48”wave between August 6-20th, 2013. The monthly Global @dvisor data output is derived from a balanced online sample in 25 countries around the world via the Ipsos Online Panel system. For the results of the survey presented herein, an international sample of 18,503 adults aged 18-64 in the US and Canada, and age 16-64 in all other countries, were interviewed. Approximately 1000+ individuals participated on a country by country basis via the Ipsos Online Panel with the exception of Argentina, Belgium, Hungary, Indonesia, Mexico, Norway, Poland, Russia, Saudi Arabia, South Africa, South Korea, Sweden and Turkey, where each have a sample approximately 500+. The precision of Ipsos online polls are calculated using a credibility interval. In this case, a poll of 1,000 is accurate to +/- 3.5 percentage points and one of 500 is accurate to +/- 5.0 percentage points in their respective general populations. In countries where internet penetration is approximately 60% or higher the data output is weighted to reflect the general population. Of the 24 countries surveyed, 15 yield results that are representative: Argentina, Australia, Belgium, Canada, France, Germany, Hungary, Italy, Japan, Poland, South Korea, Spain, Sweden, United Kingdom and United States. The nine remaining countries surveyed –Brazil (45.6% Internet penetration among the citizenry), China (41%), India (11.4%), Indonesia (22.1%), Mexico (36.5%), Russia (47.7%), Saudi Arabia (49%), South Africa (17.4%) and Turkey (45.7%)—have lower levels of connectivity therefore cannot be weighted to be general population representative; however, the online sample in these countries are particularly valuable in their own right as they are more urban/educated/income than their fellow citizens and are often referred to as “Upper Deck Consumer Citizens”.
More data and full technical details are available in the Detailed Tables
document on the right.
For more information on this news release please contact:
Senior Vice President, Marketing
Ipsos Open Thinking Exchange
About Ipsos Open Thinking Exchange
Ipsos Open Thinking Exchange (Ipsos OTX) is Ipsos' global innovation
center. This multi-disciplinary team of researchers, strategists, digital natives,
and design technologists is blending advancements in technology and a
cultural shift toward social interactions to create the future of research, one
that is immersive, collaborative, authentic and relevant.
SocialogueTM is an ongoing publication from Ipsos OTX which
features proprietary, global infographics and commentary on social media
trends and behavior. For more information on the current suite of Ipsos OTX
social media research tools, to find more about our Futures initiatives or to
obtain social media details by country, contact us at
About Ipsos and Ipsos Global @dvisor
Ipsos is the world’s third largest market research company. With offices in
84 countries, Ipsos offers a complete line of custom, syndicated, omnibus,
panel and online research products and services. Ipsos Global @dvisor is a
25-country, online, monthly syndicated research service used to generate
information for media and clients. Every month, we complete 500 to 1,000
online interviews in each country. For more information visit www.ipsosglobaladvisor.com or contact us at email@example.com