Here’s some good news and some bad news. First the bad: the sub-par performance of the apps and social platforms industry continued in 2018; the industry again ranked 12th out of the 15 studied in MBLM’s Brand Intimacy 2018 Report, which is the largest study of brands based on emotions. The good news: Apple Music led the way followed by Facebook and Spotify.
The remaining brands in the Top 10 app & social platforms industry are Pinterest, Pandora, Snapchat, Google Maps, Twitter, Uber and Instagram. Brand Intimacy is defined as a new paradigm that leverages and strengthens the emotional bonds between a person and a brand.
For the third year, the study revealed that top intimate brands in the U.S. surpassed the top brands in the Fortune 500 and S&P indices in revenue and profit over the past 10 years. Other significant apps & social platforms findings in MBLM’s Brand Intimacy 2018 Report include:
This year’s report contains rankings of brands based on emotion, analyzing the responses of 6,000 consumers and 54,000 brand evaluations across 15 industries in the U.S., Mexico and UAE. MBLM’s reports and interactive Brand Ranking Tool showcase the performance of almost 400 brands.
During 2017, MBLM conducted an online quantitative survey among 6,000 consumers in the United States (3,000), Mexico (2,000), and the United Arab Emirates (1,000). Participants were respondents who were screened for age (i.e. 18 to 64 years of age) and annual household income ($35,000 or more) in the U.S. and socioeconomic levels in Mexico and the UAE.
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