The Ogilvy/Noor index is a construct that measures the appeal of global brands to Muslim consumers. The
Question:
The Ogilvy/Noor index is a construct that measures the appeal of global brands to Muslim consumers. The index is based on a sample drawn of consumers in the Muslim-majority markets of Saudi Arabia, Egypt, Pakistan, and Malaysia. The higher the score, the more Muslim-friendly the brand is perceived. Thirty-five brands were evaluated. The table below shows the ten highest and lowest ranked brands
OGILVY NOOR INDEX—TOP/BOTTOM RANKED BRANDS
Brand | Ogilvy Noor Index | Brand | Ogilvy Noor Index |
1. Lipton | 131 | 26. Axe | 88 |
2. Nestlé | 130 | 27. Emirates | 85 |
3. Nescafe | 122 | 28. Red Bull | 78 |
4. Nido | 118 | 29. Etihad Airways | 77 |
5. Kraft | 117 | 30. Singapore Airlines | 63 |
6. Maggi | 117 | 31. Cathay Pacific | 62 |
7. Mirinda | 110 | 32. Citibank | 59 |
8. Pringles | 110 | 33. Standard Chartered | 54 |
9. Lays | 110 | 34. HSBC | 51 |
10. 7 Up | 109 | 35. Royal Bank of Scotland | 47 |
Note that even though banks such as Citibank, HSBC, and Standard Chartered offer Islamic financial services that comply with Islamic law (shariah) they score very low. What could be the reason(s) for their low rankings? What other conclusions can be drawn from the results?
Step by Step Answer:
Global Marketing Management
ISBN: 978-1119398332
7th edition
Authors: Masaaki Kotabe, Kristiaan Helsen