close
close
YouTube overtakes Netflix as Britain’s ‘coolest brand’

YouTube overtakes Netflix as Britain’s ‘coolest brand’

4 minutes, 9 seconds Read

Youtube has overtaken Netflix and is again number one in the The 100 coolest brands for kids and teenagers This is according to a study of 21,000 young people conducted by Beano Brain, the agency specialising in child and family insights.

In the third edition of the annual Report “100 coolest brands”The entertainment giants continue to go head-to-head for supremacy, fighting a tough battle for the top spot in the youth’s mind. Brands based on storytelling and offering deep and broad content – YouTube, Netflix, Nintendo (4) and Disney (9) – all occupy spots in the top 10.

The list is dominated by food and beverage brands, which make up 50 percent of the top 20: McDonalds (3), Oreo (7), Pringles (8), Skittles (12), Coca Cola (14), KFC (15), Domino’s Pizza (16), Fanta (17), Cadbury’s (19) and M&Ms (20). Children value these products in and of themselves, but also because they are closely associated with sweet treats and fun family times.

The popularity of social media apps declined, with all major brands falling in the rankings, including TikTok (-7 to 28), WhatsApp (-8 to 38), Snapchat (-3 to 40) and Instagram (-11 to 66).

The biggest climber this year was the shoe brand Crocs (up 35 places to 49th place). The second biggest climber was the plush toy brand Squishmallows, which jumped forward and now enters the top 20 at 18th place.

Lego just made it into the top 10 at number 10, replacing Coca Cola (down 4 to 14), supported by collaborations with companies such as Minecraft (30).

Argos (89) is the biggest loser this year, falling 21 places, and Jolly Ranchers, Hot Wheels, The Entertainer, Under Armour, Oculus VR and Wagamama fall out of the top 100.

There are no British brands in the top 30. Greggs Bakery is the highest-ranked British brand at 31st place (up 2 places from last year). Harry Potter slipped 5 places to 37th place for the second year in a row.

The BBC was able to recover slightly from last year’s disgrace, when it was the biggest loser, and rose by 8 points to 63rd place.

New additions included SuperDrug (98), Boots (91), Uno (46), Subway Surfers (52), EA Sports (65), Samsung (53), Pandora (78), Poundland (80) and Taco Bell (87).

Young people’s high expectations and brand awareness mean it’s hard for new brands to break into the top 100. Only two of the top-performing brands – Amazon and Roblox – were born in the 21st century.

There have been clear upward trends in some sectors, often gender-specific. The gaming sector has done really well this year, with gaming brands rising up the ranks. While riding the wave of aesthetics, skincare, fashion and beauty brands have become increasingly popular with girls.

According to Beano Brain, YouTube has cemented its top spot over TikTok and similar platforms through the sheer breadth of content and its successful mix of long and short content, allowing kids to pop in and out as long as they want.

Helenor Gilmour, Director of Strategy Beano Brain, said: “Children see YouTube as a ‘safe’ place; a place where they are less likely to encounter disturbing or inappropriate content, unlike on TikTok. By successfully positioning music and television in its offering, YouTube has ensured that it The One-stop shop for this generation. YouTube is considered The Platform where children can find and learn from experts or get help with homework. Because of its reputation, educational content and extensive library, YouTube has managed to gain something every brand covets: parental approval.”

Gilmour continued: “I’m always amazed at how sophisticated kids and teens are in their brand consumption, and our list of the coolest brands 2024 is a perfect example of that. Kids are often more sophisticated and intelligent than adults when it comes to the brands they use. They have a clear sense of the practical benefits of a brand, but also how it affects them on an emotional level. Brands are embedded in children’s lives from an early age, marking important moments and milestones, but few classic kids’ brands feature in our top 100 – only five of the top 25 could be considered kids’ brands. Brands that have upped the wit this year have gained coolness points with kids. Humor is the playground currency for kids, welcoming them into the world of the brand. Get some LOLs and you win coolness!”

Pete Maginn, Managing Director, Commercial Insight, Beano Brain, added: “Being a cool brand is not just the preserve of a particular category – it’s not just about entertainment or gaming brands. There are 14 different categories represented in the top 20 – from confectionery to physical play, lifestyle to retail. Brands that have responded to the cost of living crisis, from budget menus to free access to content, and that have focused on sharing opportunities for families have done well. McDonalds, a 50-year-old, well-known and trusted brand, and Squishmallows, a relatively new, year-round gaming brand, both showed an intelligent understanding of the world of children and the qualities that make them cool in their eyes. Creating cross-generational fun and appeal should be a top priority for brands.”

Beano Brain 100 Coolest Brands 2024 UK Top 10

Rank 2024

Brands (ranking 2023 in brackets)

1

YouTube-TV (2)

2

Netflix (1)

3

McDonald’s (3)

4

Nintendo-PC (6)

5

Nike (4)

6

Roblox (9)

7

Oreo (5)

8

Pringles (7)

9

Disneys (5)

10

LEGO® (13)

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *