October 28, 2013
A new report from brand strategy firm Siegel + Gale outlines the impact of simplicity on a brand's revenue, loyalty and innovation. For the purpose of the report, simple brands are defined as "remarkably clear and providing unexpectedly fresh experiences."
The research shows that 75 percent of consumers are more likely to recommend a brand that provides "simpler experiences and communications." In the U.S., UK and Germany, brands that offer increased simplicity stand to capture a share of $50 billion, the report said.
To mine this data, Siegel + Gale spoke to 10,000 consumers in seven countries. Results were then broken down into two categories: A Brand Simplicity Score (rating each brand on perceived simplicity) and An Industry Simplicity Score (rating each industry on perceived simplicity).
Restaurant brand performances
Globally, a handful of restaurant brands ended up in the top 20 for simplicity, including:
4. McDonald's (behind ALDI, Amazon and Google)
5. KFC
10. Pizza Hut
11. Burger King
15. Subway
17. Starbucks
The report wrote the following about the brands in the top 10:
United States results
The restaurant industry ranked No. 2 overall in the U.S. (behind the Internet search industry). Restaurant brands ranked include:
3. McDonald's. (behind Amazon and NetFlix)
4. Subway
6. Dunkin' Donuts
10. Starbucks
11. Pizza Hut
13. Burger King
14. KFC
U.S. consumers said they would spend 4.1 percent or more for simpler experiences at restaurants.
Other markets
McDonald's was No. 2 in the U.K., behind Amazon. KFC was No. 8; Burger King, 19, and Starbucks, 20.
In Germany, McDonald's was No. 2, behind ALDI. Burger King was No. 18. KFC was No. 22. Subway was No. 45.
In the Middle East, Pizza Hut was No. 10, followed by McDonald's, 15, KFC, 16 and Starbucks, 59.
In India: McDonald's was No. 7, followed by Domino's, 16, Pizza Hut, 29, KFC, 30 and Subway, 63.
Finally, in China, KFC was No. 4, followed by McDonald's, 15, Starbucks, 51 and Pizza Hut, 68.
Simple innovation ideas
Consumers in each market were asked what innovations would simplify their lives. Examples in the report include:
Read more about trends and statistics.