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CONSUMER&
BRANDBrandKPIs
for
smart
home:
Xiaomi
inMexicoConsumer
Insights
reportNovember2024Discover
your
Brand
KPI
scores.
Benchmark
against
competitors
and
measureyour
brand’s
marketimpactIntroduction:
studydetailsThe
reportMethodologyThisreport
hasbeen
created
usingthe
datafromStatista’sConsumer
InsightsBrand
KPIs.Thereportprovides
you
with
key
consumer
insightsandbenchmarks
forabrand’sperformance
againsttheindustryoverall
and
theircompetitors.Design:OnlineSurveyDuration:
approx.
15
minutesLanguage:official
language(s)
ofeach
country
withAmerican
Englishoffered
asanalternativeRegions:Brazil,Germany,
India,
Mexico,
U.S.
and
UKNumberofrespondents:approx.
3750Ourdataallows
you
tomeasure
each
brand’spositioninthe
market
bycreating
aprofile
usingStatista’s5key
performance
indicators.
Which
are:
awareness,popularity,usage,loyalty,and
media
buzz.Sample:
Internet
users,
aged18
-64,
quotasset
ongender
and
ageThisreport
is
basedon
Xiaomi’s
performance
inthesmart
home
market.Fieldwork:July-August2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Sources:
Statista
Consumer
Insights
Global,
asofNovember202476%
of
Xiaomi
users
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket??Xiaomi’s
branding
resonates
more
with
Gen
X?Xiaomi
generally
appealstomen
more
than
women?Xiaomi
ranksthirdin
awareness
within
the
smarthome
market?Thepopularity
ratingof
Xiaomi
is41%?Xiaomi
ranksfourthinusage?Among
Xiaomi
enthusiasts,35%
fallunderthe
high-income
category?Consumers
want
theirsmart
home
brandstohavecleverness,
reliability,
and
innovation?Interms
of
loyalty,Xiaomi
isthirdinMexico?Xiaomi
hasascore
of38%
formedia
buzz3Sources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
01Brand
profileInthissection,
we
show
the
demographics
and
attitudesof
consumers
who
saytheylikethisbrandversus
the
share
ofindustryusers.
Thechapteraimsto
bringclarity
tocompanies
who
want
to
know
whotheirbrandingiscurrently
appealingtoand
what
theythinkaboutthe
industry.4Awarenessis
the
highest
scoring
KPI
for
Xiaomi
at
86%Brand
profile:
snapshotBrand
performance
of
Xiaomi
inMexico86%76%41%38%28%AwarenessPopularityUsageLoyaltyBuzz5Notes:Smarthome
‘a(chǎn)wareness’,‘popularity’,
‘usage’,‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,250,
all
respondents
(awareness),
n=1,076,
respondents
who
know
the
individual
brand(popularity),
n=1,076,
respondents
whoknow
the
individual
brand(usage),
n=306,
respondents
who
have
used
the
individual
brand
(loyalty),
n=1,076,
respondents
who
know
the
individual
brand(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Xiaomi’s
branding
resonates
more
with
Gen
XBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations39%37%37%36%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeXiaomi
by
generation
versus
theshareof
industryusers
ingeneral,
we
cansee
thatXiaomi
islikedby4%
ofBaby
boomers
and23%
ofGenXers,
whereas
thetotalshareof
industryusers
is4%and21%,
respectively.23%21%ForMillennials
andGen
Z,
37%
and
37%
feel
positivelytowards
Xiaomi,
versus
39%
and36%.
Socurrently,forXiaomi,
Gen
Xconnects
most
withtheirbrandcompared
to
theoverall
industryuser.4%
4%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestosmarthome,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=436,
Xiaomi
enthusiast,
n=1,061,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Xiaomi
generally
appeals
to
men
more
than
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
Xiaomi
shows
thatwomenareless
likely
to
haveanaffinity
with
thebrandcompared
tomen.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesof6%6%consumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
Xiaomi
hasasimilarproportion
of
LGBTQIA+
consumerswhen
compared
tothe
industryusers
ingeneral.45%55%55%
ofmen
likeXiaomi
compared
to45%
ofwomen,
whereas
fortheoverallindustry,50%
of
women
usesmarthome
compared
to
50%
of
men.50%50%92%91%6%
of
Xiaomi
enthusiastsconsiderthemselves
to
bepartof
the
LGBTQIA+community
compared
to6%
amongindustryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
smarthome,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;
Base:
n=436,
Xiaomienthusiast,
n=1,061,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Xiaomi
enthusiasts,
35%
fall
under
the
high-income
categoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
anduserswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.5%6%Single33%30%35%13%15%CoupleSingleparentNuclear35%
ofXiaomi
enthusiastsare
fromhigh-income
households.Xiaomi’s
brandisgenerally
enjoyedmore
byconsumers
who
arepartof
anuclearhousehold,
35%
of
Xiaomienthusiastshavethiscurrent
livingsituation.6%9%30%35%33%Multi-generational11%10%37%35%24%23%ExtendedOther7%5%Brand
enthusiastIndustryuserLowHighMediumBrand
enthusiastIndustryuser8Notes:Recode
based
on’’Monthly/annual
household
income
(local
currency)’’;Single
Pick;Typology
basedon
’’household
size’’,
’’household
constellation’’
and
’’children
under
the
ageof14
in
household’’;
Single
Pick;“When
it
comesto
smarthome,which
ofthe
following
brands
do
you
like?”;Multi
Pick;Base:
n=436,
Xiaomi
enthusiast,
n=1,061,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Consumers
want
their
smart
home
brands
to
have
cleverness,reliability,
andinnovationBrand
profile:
qualitiesQualitiesuserswant
from
smart
homebrandsForsmart
home,
the
topthree
qualitiesusers
wantfrom
abrandarecleverness,reliability,
and
innovation.Authenticity80%Thrill/ExcitementSustainabilityBoldnessClevernessXiaomi
users
alsoappreciate
these
keyattributes,indicating
Xiaomi
exudesthese
qualities.60%40%20%0%SocialresponsibilityCoolnessThequalitiesthatXiaomi
enthusiastsareleast
focused
onare
boldnessandinclusiveness.ReliabilityExclusivityXiaomi
should
work
on
promotingsustainabilityto
convert
enthusiastsintoowners.InnovationInclusivenessFriendlinessHighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
smarthome,which
ofthese
aspects
are
mostimportant
to
you?”;Multi
Pick;
“When
it
comes
tosmarthome,
which
ofthe
following
brands
do
youlike?”;Multi
Pick;
“When
it
comes
tosmarthome,
which
ofthe
following
brands
have
youused
in
the
past12
months?”;
Multi
Pick;Base:
n=306,
Xiaomi
users’,n=436,
Xiaomi
enthusiast,n=1,061,
smarthome
usersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Xiaomi
fans,
46%
state
that
they
get
excited
about
smart
home
productsBrand
profile:
attitudesWhat
doconsumersthink
ofsmart
home
ingeneral?46%45%40%40%35%30%29%27%25%
25%13%11%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrandsIknow
and
trustIget
excitedaboutsmarthome
productsIliketotalkabouttopicsrelating
tosmart
homeBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
smarthome
do
youagreewith?”;
Multi
Pick;“When
it
comesto
smarthome,which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=436,
Xiaomi
enthusiast,
n=1,061,
smarthomeusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1176%
of
Xiaomi
users
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
smart
home,
the
average
awarenessof
abrand
inMexico
is
57%.
Awareness
ofXiaomi,however,
is
at86%.Awareness41%
ofMexican
smart
home
users
say
theylikeXiaomi,
compared
toanindustryaverage
brandpopularity
of37%.28%
ofindustryusers
inMexico
saythey
useXiaomi,with
the
average
usageofabrandat23%.BuzzPopularity76%
ofbrandusers
saytheywould
usethe
brandagain,compared
toanaverage
loyalty
score
of
69%.Xiaomi
hasbeen
noticed
more
inthe
media
comparedtootherbrands,with
a“Buzz”
score
of
38%
comparedto31%.Sooverall,
the
results
showtheir
performance
tobeabove
average
compared
to
theindustry.LoyaltyBrandUsageIndustryaverage12
Notes:Smarthome
‘a(chǎn)wareness’,‘popularity’,
‘usage’,‘loyalty’
and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,250,
all
respondents
(awareness),
n=1,076,
respondents
who
know
the
individual
brand(popularity),
n=1,076,
respondents
whoknow
the
individual
brand(usage),
n=306,
respondents
who
have
used
the
individual
brand
(loyalty),
n=1,076,
respondents
who
know
the
individual
brand(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Xiaomiranks
third
in
awareness
within
the
smart
home
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofXiaomiRank#
BrandAwareness
%Driving
recognition
will
lead
to
growing
yourcustomerbaseand
measuring
brandawareness
isakeycomponent
toachieve
this.Withthisscore,
you
cangaugethe
current
market
presence
ofabrand,understandthebrand’svisibility,competitiveness,
andrecognition
among
theirtarget
audience.
Further
tothis,itisaperfect
way
toassess
yourcurrentmarketing
strategies.1SamsungLG97%95%86%71%65%54%51%42%42%40%14%23Xiaomi4Google
NestBosch5Usingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.6Philips
HueADT78TP-LinkOutofallrespondents,
86%
were
aware
of
Xiaomi.Thisranksthemthirdcompared
tootherbrandssurveyed
inthismarket.86%N/A9BticinoAwareness10Honeywell
Home13
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,250,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024The
popularity
rating
of
Xiaomi
is
41%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofXiaomiRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1SamsungLG74%60%42%41%41%37%32%29%28%27%23TP-Link41%4Google
NestXiaomiOutofconsumers
who
knew
thebrand,
41%
saidtheyliked
Xiaomi.
This
ranksthemfifth
compared
to
otherbrandssurveyed
inthismarket.56Philips
HueBosch59%78Bticino9Honeywell
HomeADTPopularityN/A1014
Notes:“When
it
comesto
smarthome,which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:
n=1,076,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Xiaomiranks
fourth
in
usageBrand
KPIs
&benchmarking:
usageSummaryUsage
ofXiaomiRank#
BrandUsage
%52%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
used,weasked
each
respondent:
“When
itcomes
to
smarthome,
which
of
the
following
brandshaveyouused
inthe
past12
months?”.1SamsungLG239%28%3TP-Link29%Outofconsumers
who
knew
thebrand,
28%
saidtheyused
Xiaomi.
Thisranksthemfourthcompared
toother
brandssurveyed
inthismarket.4Xiaomi28%5Google
NestPhilips
HueBticino28%620%719%72%8ADT17%9Bosch14%UsageN/A10Honeywell
Home13%15
Notes:“When
it
comesto
smarthome,which
ofthe
following
brands
have
you
used
in
the
past12
months?”;
Multi
Pick;Base:
n=1,076,respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofNovember2024In
terms
of
loyalty,
Xiaomi
is
third
in
MexicoBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofXiaomi’s
consumersRank#
BrandLoyalty
%87%Afterascertaining
the
usageof
abrandinthe
last12months,the
next
most
important
indicatorisbrandloyalty.
Thisscore
allows
ustoestablish
whether
abrandisperforming
well
inregard
to
customerretention.
Measuring
brandloyalty
establishes
aclearfeedback
loop
with
customers,
providing
valuableinsightsinto
customer
satisfaction
and
preferences.
Itisalso
apowerful
predictor
to
help
guide
marketingstrategies
andforecast
futuresalesandrevenue
moreaccurately.1SamsungTP-Link24%278%3Xiaomi76%4LG75%5ADT74%6Honeywell
HomeGoogle
NestBticino72%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
smart
home,which
of
the
following
brandsareyou
likely
touseagaininthe
future?”.770%76%869%9Philips
HueBosch68%Outofrespondents
whohaveused
Xiaomi,
76%
saidthey
would
usethebrand
again.LoyaltyN/A1064%16
Notes:“When
it
comesto
smarthome,which
ofthe
following
brands
areyoulikely
touse
againin
the
future?”;
Multi
Pick;Base:
n=306,
respondents
who
have
used
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Xiaomi
has
a
score
of
38%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofXiaomiRank#
BrandBuzz%65%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1SamsungLG253%3Xiaomi38%38%Outofconsumers
who
knew
thebrand,
38%
saidtheyhadheardaboutXiaomi
inthe
media.
Thisranksthemthirdcompared
toother
brandssurveyed
inthismarket.4Google
NestPhilips
HueTP-Link36%530%627%62%7Bosch25%8ADT24%9Honeywell
HomeiRobot24%BuzzN/A1023%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=1,076,
respondents
who
know
the
individual
brand
(Buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024STATISTACONSUMER
INSIGHTSUnderstand
what
drivesconsumersGainabetterunderstandingofconsumers,brands,andmarkets.Withthe
Statista
Consumer
Insights,
youget
access
tostreamlinedmarketresearchtoolsandallresultsofthe
exclusiveStatista
surveys.
Leverage
consumerinsightstomakedata-drivendecisions
andunlocknewgrowthopportunities.?
Identifyandunderstandyourcoreaudiences?
TrackbrandKPIs
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