
Lazada Tops Thailand's Brand Affection Rankings, Surpassing Shopee
Table of Contents
- Key Highlights:
- Introduction
- The Metrics Behind Brand Affection
- Lazada: The E-Commerce Powerhouse
- Samsung: A Close Second
- Adidas: The Favorite Apparel Brand
- Netflix: Streaming Success
- TrueMoney: The E-Wallet Leader
- MK Restaurant: A Beloved Dining Option
- Health and Beauty Brands: Nivea and L’Oreal
- Quick-Service Restaurants: KFC and McDonald’s
- The Importance of Brand Loyalty
- Conclusion
- FAQ
Key Highlights:
- Lazada is recognized as Thailand's most beloved brand, achieving a score of 84%, significantly ahead of Shopee at 71.6%.
- The rankings are part of Campaign's list of Southeast Asia's top 50 brands, evaluated on multiple attributes including quality, customer service, and innovation.
- Other notable brands in the top ten include Samsung, Adidas, Netflix, TrueMoney, and KFC, showcasing a diverse range of consumer preferences in Thailand.
Introduction
In a landscape where brand loyalty plays a pivotal role in consumer decision-making, Lazada has emerged as Thailand's most cherished e-commerce platform. According to a recent survey by Campaign in collaboration with Pureprofile, Lazada's dominance in brand affection is underscored by its remarkable score of 84%, outpacing its nearest competitor, Shopee, which lagged significantly at 71.6%. This recognition not only highlights Lazada's strategic focus on consumer experience but also reveals deeper insights into the evolving preferences of Thai shoppers.
This article delves into the intricacies of brand popularity in Thailand, exploring the attributes that contribute to consumer loyalty and examining the diverse array of brands that resonate with local shoppers. From e-commerce and electronics to health and beauty, we will analyze the brands that have successfully captured the hearts of Thai consumers.
The Metrics Behind Brand Affection
The rankings released by Campaign were derived from a comprehensive survey spanning six Southeast Asian markets, including Thailand, Indonesia, the Philippines, Malaysia, Vietnam, and Singapore. Over 50 brands from various sectors were evaluated, with respondents assessing them based on nine key brand attributes: awareness, purchase intent, quality, advocacy, buying experience, customer experience, brand touchpoints, innovation, and loyalty.
These metrics provide a nuanced view of consumer preferences, illustrating not just which brands are popular, but why they resonate with shoppers. For instance, Lazada's success can be attributed not only to its extensive range of products but also to its commitment to quality customer service and a seamless buying experience.
Lazada: The E-Commerce Powerhouse
Lazada's ascent to the top of Thailand's brand rankings reflects its strategic positioning within the e-commerce space. The platform's user-friendly interface and extensive product offerings—from fashion and electronics to lifestyle goods—have made it a go-to choice for many Thai consumers.
Innovation and Customer Experience
Lazada excels in innovation, frequently updating its platform to enhance user experience. The introduction of features such as personalized recommendations and flash sales has kept consumers engaged and coming back for more. Additionally, its customer service ratings are among the highest, which is crucial in building trust and encouraging repeat purchases.
Loyalty Programs and Promotions
Through effective loyalty programs and promotions, Lazada has cultivated a dedicated customer base. Thai consumers appreciate the value offered through these initiatives, which often include discounts, cash-back offers, and exclusive deals for frequent shoppers. This strategy not only drives sales but also reinforces brand loyalty.
Samsung: A Close Second
Ranking second in the affection charts is electronics giant Samsung, with a commendable score of 83%. Known for its innovative technology and wide array of consumer electronics, Samsung has established itself as a household name in Thailand.
Innovation and Brand Trust
Samsung's strong performance is largely attributed to its reputation for innovation. The brand consistently releases cutting-edge products that resonate with tech-savvy consumers. Moreover, its commitment to quality and customer service has fostered a high degree of trust, making it a preferred choice for electronic purchases.
Market Presence
Samsung's extensive retail presence in Thailand, combined with effective marketing campaigns, has further solidified its position in the minds of consumers. The brand's ability to adapt to local preferences and trends has also been a significant factor in its success.
Adidas: The Favorite Apparel Brand
Adidas has secured the third position in Thailand's brand rankings with a score of 77.7%. The brand's strong association with sports and lifestyle has resonated well with Thai consumers, particularly among the youth demographic.
Strong Purchase Frequency
Adidas boasts an impressive purchase frequency of 87%, indicating that consumers not only recognize the brand but actively choose it for their apparel needs. This can be attributed to its innovative designs, high-quality products, and effective marketing strategies that emphasize performance and style.
Competition with Nike
While Adidas leads the apparel segment in Thailand, it faces stiff competition from Nike, which ranks eighth in the country. However, the gap between the two brands highlights the strong loyalty that Adidas has cultivated among its customer base.
Netflix: Streaming Success
Netflix's rise in Thailand's brand rankings is noteworthy, as it occupies the fourth position nationally and fifth across Southeast Asia. The streaming service has transformed how Thai consumers engage with content, particularly with the introduction of its ad-supported plan.
Focus on Quality and Experience
Netflix's success can be attributed to its commitment to delivering high-quality content and a user-friendly viewing experience. The platform's ability to cater to local tastes while providing global content has made it a favorite for many households.
Consumer Engagement
The rapid growth of Netflix in Thailand reflects changing viewing habits, particularly among younger audiences. The brand's focus on loyalty and customer satisfaction has contributed to its strong placement in the rankings.
TrueMoney: The E-Wallet Leader
TrueMoney has carved out its niche in the financial services sector, ranking fifth among Thailand's most beloved brands. The e-wallet provider has become synonymous with cashless transactions, making everyday purchases more convenient for consumers.
Seamless Integration
TrueMoney's integration into daily life is a testament to its success. The platform allows users to make payments for various services ranging from food delivery to bill payments, enhancing its value proposition.
Customer Satisfaction
High scores for buying experience and purchase frequency indicate that TrueMoney is not just a service provider but a trusted companion for Thai consumers navigating the cashless economy.
MK Restaurant: A Beloved Dining Option
In a notable shift from e-commerce and electronics, MK Restaurant has made its mark as a top brand in the food sector, claiming the sixth spot overall. Known for its fresh suki hotpot and diverse menu, the restaurant chain is a staple in Thailand.
Family-Friendly Dining
MK Restaurant's success can be attributed to its family-oriented approach and welcoming ambiance. With hundreds of branches across the country, it has become a favored dining destination for Thai families.
Brand Awareness and Service Quality
The brand's high scores for awareness and customer service highlight its effective marketing strategies and commitment to providing an exceptional dining experience.
Health and Beauty Brands: Nivea and L’Oreal
Health and beauty brands have also found their place in the hearts of Thai consumers, with Nivea and L’Oreal making it to the top ten. Nivea, in particular, has established itself as a leader in skincare, ranking seventh in Thailand.
Cultural Relevance
The popularity of these brands reflects Thailand's cultural emphasis on skincare and personal grooming. Younger consumers are particularly engaged with these products, seeking quality and effectiveness.
Competitive Landscape
While Nivea stands out in the rankings, it faces competition from other beauty brands like Garnier and Olay, which are also favored among Thai shoppers.
Quick-Service Restaurants: KFC and McDonald’s
KFC has emerged as the top quick-service restaurant in Thailand, ranking ninth overall. Its ability to offer a compelling customer experience has helped it outperform competitors like McDonald’s and The Pizza Company.
Customer Satisfaction and Innovation
KFC's strengths lie in its seamless service and innovative marketing strategies that resonate with local tastes. The brand's emphasis on customer satisfaction has not only led to high scores but also a loyal customer base.
The Rise of Super Apps: Grab
Rounding out the top ten is Grab, a super app that dominates the ride-hailing and food delivery markets in Thailand. Its versatility and user-centric approach have made it an essential part of daily life for many consumers.
Brand Awareness and Consumer Engagement
Grab's strong brand awareness and frequent usage underscore its success in catering to the evolving needs of Thai consumers, combining convenience with reliable service.
The Importance of Brand Loyalty
The findings from Campaign's survey highlight the significance of brand loyalty in Thailand. As consumers become more discerning, brands must invest in quality, customer service, and innovation to stay relevant.
Building Trust and Engagement
Brands that prioritize building trust and maintaining engagement with their audience are more likely to succeed in this competitive landscape. The case of Lazada demonstrates how a focus on consumer needs can lead to remarkable brand affection.
Future Trends in Consumer Preferences
As the market continues to evolve, brands must remain agile and responsive to changing consumer preferences. The diversity of favored brands in Thailand indicates a dynamic marketplace where innovation and customer experience are paramount.
Conclusion
Lazada's recognition as Thailand's most beloved brand serves as a remarkable case study in effective brand management and consumer engagement. By excelling in quality, customer service, and innovation, Lazada has set a benchmark for other brands in the region. As the marketplace continues to evolve, understanding consumer preferences and maintaining brand loyalty will be crucial for sustained success.
FAQ
What factors contribute to a brand's popularity in Thailand? Several factors influence brand popularity in Thailand, including quality, customer service, innovation, and the overall buying experience. Brands that excel in these areas tend to resonate more with consumers.
How does Lazada compare to Shopee in terms of customer satisfaction? Lazada outperforms Shopee significantly in customer satisfaction, with a score of 84% compared to Shopee's 71.6%. This reflects Lazada's commitment to quality service and consumer engagement.
Which sectors are most popular among Thai consumers? Thai consumers exhibit a diverse range of preferences, with strong interest in e-commerce, electronics, health and beauty, and food services. Brands from these sectors frequently appear in the top rankings.
What role does innovation play in brand success? Innovation is crucial for brand success. Brands that consistently introduce new features and products that meet consumer needs tend to build stronger customer loyalty and brand affection.
How can brands improve their rankings in consumer surveys? To improve rankings, brands should focus on enhancing customer experience, providing quality products, engaging with consumers through effective marketing strategies, and fostering a sense of loyalty through rewards and promotions.
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