Kantar ranks Lanka's Top 10 FMCG brands

Chamika Fernando |
The latest Brand Footprint study conducted by Kantar Worldpanel
ranked the Top 10 FMCG Brands in Sri Lanka on the basis of 12 months
findings from the LMRB Household Panel, a study which continuously
monitors the consumer purchase behaviour of FMCG brands brought into the
home.
The Global Brand Footprint study analysed one billion households
across 44 countries in five continents involving 300 billion shopper
decisions, among 15,000 brands across 200 FMCG categories. The study
used its proprietary metric - Consumer Reach Points (CRPs) - to discover
how many times a brand was chosen by consumers over the course of one
year.
"Sri Lanka was included in the study for the first time this year,
with the analysis considering over five million households island-wide,
across nearly 400 brands and 1.3 billion shopper decisions," said
Himalee Madurasinghe, Chief Executive, LMRB.
"According to the global report, local brands command 60% of global
FMCG shopper choices, this pattern being specially prevalent in Asia,
Latin America and also some parts of Europe," she said.
Chamika Fernando, Head of LMRB Household Panel said, "The CRP is
measured by looking at how many households are buying a brand
(penetration of a brand) and how often they are buying it (frequency of
purchase) - this displays the amount of closeness that consumers have
with the brand and provides a true representation of shopper choice."
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