During a survey conducted among Canadian consumers in 2021, 31 percent of respondents aged 18 and 34 strongly agreed that they would pay more for products and services from trusted brands, while the same was true for 18 percent of respondents aged 65 and over. All in all, 79 percent of responding Canadians were willing to pay more in support of products or services from companies and brands they trusted.
Share of consumers who would pay more for trusted brand products or services in Canada as of August 2021, by age group
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Ipsos. (January 5, 2022). Share of consumers who would pay more for trusted brand products or services in Canada as of August 2021, by age group [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/500966/canada-consumer-pay-more-trusted-brands-age/
Ipsos. "Share of consumers who would pay more for trusted brand products or services in Canada as of August 2021, by age group." Chart. January 5, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/500966/canada-consumer-pay-more-trusted-brands-age/
Ipsos. (2022). Share of consumers who would pay more for trusted brand products or services in Canada as of August 2021, by age group. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/500966/canada-consumer-pay-more-trusted-brands-age/
Ipsos. "Share of Consumers Who Would Pay More for Trusted Brand Products or Services in Canada as of August 2021, by Age Group." Statista, Statista Inc., 5 Jan 2022, https://www.statista.com/statistics/500966/canada-consumer-pay-more-trusted-brands-age/
Ipsos, Share of consumers who would pay more for trusted brand products or services in Canada as of August 2021, by age group Statista, https://www.statista.com/statistics/500966/canada-consumer-pay-more-trusted-brands-age/ (last visited December 23, 2024)
Share of consumers who would pay more for trusted brand products or services in Canada as of August 2021, by age group [Graph], Ipsos, January 5, 2022. [Online]. Available: https://www.statista.com/statistics/500966/canada-consumer-pay-more-trusted-brands-age/