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DEVELOPING A BRAND EQUITY
              MEASUREMENT
                   AND
           MANAGEMENT SYSTEM




Presented By- Yogesh Kakra
NEW ACCOUNTABILITY
   “Return of marketing investment” (ROMI)

   Increase in Accountability forced marketers to address
    tough challenges and develop new measurement
    approach

   Brand as a asset- ability to generate future cash flow

   Create value by changing customer behavior not
    changing attitude
THE BRAND VALUE CHAIN
   Broader perspective than just the CBBE model

   The brand value chain is a structured approach to
    assessing the sources and outcomes of brand equity and
    the manner by which marketing activities create brand
    value.
B
Marketing
                                     Customer                     Market                       Shareholder
  Program                                                       Performance                      Value
                                     Mind-set
investment
   Product                      - Awareness                    - Price premiums            - Stock Price
   Communication                - Associations                 - Price elasticity          - P/E ratio
   Trade                        - Attitude                      - Market Share            - Market capitalization
   Employee                     - Attachment                    - Expansion success
   Other                        - Activity                     - Cost structure
                                                                 - Profitability




                  Program                         Marketplace                           Investor
Multiplier         Quality                         Condition                           Sentiment

             - Clarity                            - Competitive reaction                - Market Dynamics
             - Relevance                          - Channel support                     - Growth potential
             - Distinctiveness                    - Customer size & profile             - Risk profile
             - Consistency                                                              - Brand contribution
VALUE STAGES
   Marketing program investment- Any marketing program
    that can be attributed to brand value development
•   Customer mind-set: In what way have customers been
    changed as a result of the marketing program?
   Five dimension came out from CBBE model-
   Brand awareness
   Brand association
   Brand attitude
   Brand attachment
   Brand activity
VALUE STAGES
   Market Performance- How do customers respond in the
    marketplace?

   Shareholder value
MULTIPLIERS
   Program Quality Multiplier- ability of marketing program to affect
    customer mind-set depend on its quality
   Clarity
   Relevance
   Distinctiveness
   Consistency
   Marketplace Conditions Multiplier- The extent to which value
    created in the minds of customers affects market performance It
    depends on factors
   Competitive reaction
   Channel support
   Customer size & profile
MULTIPLIERS
   Investor Sentiment Multiplier: The extent to which the
    value generated through brand market performance is
    manifested in shareholder value It depends on factors

   Dynamics
   Growth potential
   Risk profile and
   Brand contribution
BRAND EQUITY MEASUREMENT
SYSTEM
   A set of research procedures that is designed to provide
    timely, accurate, and actionable information for
    marketers so that they can make the best possible tactical
    decisions in the short run and strategic decisions in the
    long run
   Brand Equity Measurement System-
   Conducting brand audits
   Developing tracking procedures
   Designing a brand equity management system
DESIGNING BRAND TRACKING
STUDIES
   Tracking studies involve information collected
    from consumers on a routine basis over time

   Often done on a “continuous” basis
   Provide descriptive and diagnostic information
WHAT TO TRACK
   Customize tracking surveys to address the specific issues
    faced by the brand

   Product-brand tracking
   Corporate or family brand tracking
   Global tracking
HOW TO CONDUCT TRACKING
STUDIES
   Who to track (target market)

   When and where to track (how frequently)

   How to interpret brand tracking
THANK YOU

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Developing a brand equity measurement and management system

  • 1. DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM Presented By- Yogesh Kakra
  • 2. NEW ACCOUNTABILITY  “Return of marketing investment” (ROMI)  Increase in Accountability forced marketers to address tough challenges and develop new measurement approach  Brand as a asset- ability to generate future cash flow  Create value by changing customer behavior not changing attitude
  • 3. THE BRAND VALUE CHAIN  Broader perspective than just the CBBE model  The brand value chain is a structured approach to assessing the sources and outcomes of brand equity and the manner by which marketing activities create brand value.
  • 4. B Marketing Customer Market Shareholder Program Performance Value Mind-set investment  Product - Awareness - Price premiums - Stock Price  Communication - Associations - Price elasticity - P/E ratio  Trade - Attitude - Market Share - Market capitalization  Employee - Attachment - Expansion success  Other - Activity - Cost structure - Profitability Program Marketplace Investor Multiplier Quality Condition Sentiment - Clarity - Competitive reaction - Market Dynamics - Relevance - Channel support - Growth potential - Distinctiveness - Customer size & profile - Risk profile - Consistency - Brand contribution
  • 5. VALUE STAGES  Marketing program investment- Any marketing program that can be attributed to brand value development • Customer mind-set: In what way have customers been changed as a result of the marketing program?  Five dimension came out from CBBE model-  Brand awareness  Brand association  Brand attitude  Brand attachment  Brand activity
  • 6. VALUE STAGES  Market Performance- How do customers respond in the marketplace?  Shareholder value
  • 7. MULTIPLIERS  Program Quality Multiplier- ability of marketing program to affect customer mind-set depend on its quality  Clarity  Relevance  Distinctiveness  Consistency  Marketplace Conditions Multiplier- The extent to which value created in the minds of customers affects market performance It depends on factors  Competitive reaction  Channel support  Customer size & profile
  • 8. MULTIPLIERS  Investor Sentiment Multiplier: The extent to which the value generated through brand market performance is manifested in shareholder value It depends on factors  Dynamics  Growth potential  Risk profile and  Brand contribution
  • 9. BRAND EQUITY MEASUREMENT SYSTEM  A set of research procedures that is designed to provide timely, accurate, and actionable information for marketers so that they can make the best possible tactical decisions in the short run and strategic decisions in the long run  Brand Equity Measurement System-  Conducting brand audits  Developing tracking procedures  Designing a brand equity management system
  • 10. DESIGNING BRAND TRACKING STUDIES  Tracking studies involve information collected from consumers on a routine basis over time  Often done on a “continuous” basis  Provide descriptive and diagnostic information
  • 11. WHAT TO TRACK  Customize tracking surveys to address the specific issues faced by the brand  Product-brand tracking  Corporate or family brand tracking  Global tracking
  • 12. HOW TO CONDUCT TRACKING STUDIES  Who to track (target market)  When and where to track (how frequently)  How to interpret brand tracking