B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

46%

46% -- consumers willing to pay more for trusted brand for consumers (2022)

2022  · Oberlo

46% of consumers will pay more for a product or service from a brand they trust and can relate to.

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Attribution: Oberlo View source
Lighthouse Research Team
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Source verified Evidence graded
Value
46%
Unit
Percentage
Data Vintage
2022
Entity
consumers
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Oberlo Primary Tier C
https://leadnurtureclose.com/how-to-make-your-brand-more-relatable/ ↗
Confidence: 48/100 Vintage: 2022 Channel: Deep Crawl
Source Article
How to Make Your Brand More Relatable | Lead Nurture Close
Your brand is you. It’s the foundation of your business, the face of your products and services, and the voice that tells people who you are. But how can you ensure your brand is relatable to a wide range of people? A survey found that 46% of consumers will pay more for a product or service when it …
Original Research
Oberlo · Original study ↗

Survey statistic cited from Oberlo branding statistics compilation; original survey methodology not stated

Methodology documented
Industrymarketing
Plain Text
consumers: 46% consumers willing to pay more for trusted brand. Source: Oberlo (2022). Via Lighthouse Intelligence -- https://lighthousedata.io/data/consumers-pay-more-trusted-brand
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<blockquote cite="https://lighthousedata.io/data/consumers-pay-more-trusted-brand" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>46%</strong> -- consumers willing to pay more for trusted brand for consumers<br><small>Source: Oberlo (2022) · <a href="https://lighthousedata.io/data/consumers-pay-more-trusted-brand" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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