CONSUMERBRAND
BrandKPIsforhealthinsurance:RelianceinIndia
ConsumerInsightsreport
November2024
DiscoveryourBrandKPIscores.Benchmarkagainstcompetitorsandmeasureyourbrand’smarketimpact
Introduction:studydetails
ThereportMethodology
ThisreporthasbeencreatedusingthedatafromStatista’sConsumerInsightsBrandKPIs.Thereportprovidesyouwithkeyconsumerinsightsandbenchmarksforabrand’sperformanceagainsttheindustryoverallandtheircompetitors.
Ourdataallowsyoutomeasureeachbrand’spositioninthemarketbycreatingaprofileusingStatista’s5keyperformanceindicators.Whichare:awareness,popularity,ownership,loyalty,andmediabuzz.
ThisreportisbasedonReliance’sperformanceinthehealthinsurancemarket.
IfyouwouldliketofindoutmoreabouttheConsumerInsightsatStatistaortheBrandProfiler,pleaseclickthelinkbelow.
Design:OnlineSurvey
Duration:approx.15minutes
Language:officiallanguage(s)ofeachcountrywithAmericanEnglishofferedasanalternative
Regions:Brazil,Germany,India,Mexico,U.S.andUKNumberofrespondents:approx.2500
Sample:Internetusers,aged18-64,quotassetongenderandage
Fieldwork:September2024
2
Notes:Forthisreport“Usage”indicatesthespecific“Ownership”
Sources:StatistaConsumerInsightsGlobal,asofNovember2024
72%ofRelianceownersdisplayloyaltytowardsthebrandIntroduction:keyinsights
Whodoesthebrandappealto?
?Reliance’sbrandingresonateswithGenXsimilarlytootherbrandsintheindustry
?Reliancegenerallyappealstomenmorethanwomen?AmongRelianceenthusiasts,45%fallunderthehigh-
incomecategory
?Consumerswanttheirhealthinsurancebrandstohavehonesty/trustworthiness,highvalue,andauthenticity
Howdoesthebrandperforminthemarket??Relianceranksfourthinawarenesswithinthehealthinsurancemarket
?ThepopularityratingofRelianceis38%
?Relianceranksninthinownership
?In