11 a brand equity measurement

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    Measuring Sources of

    Brand Equity

    Capturing the Consumer Mindset

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    Capturing the Consumers Mind

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    Capturing the Consumers Mind

    Who buys, Who makes the decision, Who influences

    How is the decision made, who assumes what role?

    What does the customer buy, what needs must be

    satisfied? Why a particular brand?

    Where

    When? Seasonality

    Attitudes, perceptions to our brand

    Influencing social, lifestyle, demographic factors

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    Consumer Research

    Studying consumers in their natural surroundings

    Developing unique qualitative research

    techniques to identify brand associations andsources of brand equity

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    Brand associations Free

    Associations

    Mind Maps

    Free associations:

    What comes to mind with you think of Rolex?What does the Rolex name mean to you?

    Coding order of elicitation:

    Place of responses in brand sequence yields ameasure of brand strength

    Compare associations with other brands

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    Kelly repertory grid

    Brand triads:

    Which two brands are most alike? Why?

    Ford BMW Mercedes BenzChevy Saab BMW

    BMW VW Jaguar

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    Eliciting Brand Associations

    Visual techniques (collages, photos)

    Projective techniques (brand as a car)

    Brand stories Usage associations (heavy/light; regular/non)

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    Projective Techniques

    Couched in psychology

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    Types

    Constitutive - subject imposes structure; claymodeling

    Constructive - using structures to create reality;building blocks

    Interpretive - subject ascribes meaning to stimulus;word association

    Cathartic - play techniques Refractive - subjects look back on behavior

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    Projective Technique

    Rorschach test

    Bubble test

    Comparison task

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    Shopping List Technique Pound of hamburger

    2 loaves Wonder bread

    Bunch of carrots

    Nescafe instant coffee

    5 lbs. potatoes

    2 cans Heinz catsup

    Pound of hamburger

    2 loaves Wonder bread

    Bunch of carrots

    Starbucks coffee beans

    5 lbs. potatoes

    2 cans Heinz catsup

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    High level elicitation

    Collage construction ZMET (Zaltman

    Metaphor Elicitation Technique) Story telling

    Missed images Sorting task

    Construct elicitation

    Most representative picture

    Opposite images Sensory images

    Mental map

    Summary image

    vignette

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    Archetype Research Brand

    personality, values

    Fundamental psychological association with a

    cultural object

    If a brand was to come alive

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    Brand Personality ScaleSincerity Excitement

    Competence

    Sophistication Ruggedness

    Down to earth

    Family oriented

    Small town

    Daring

    Trendy

    Exciting

    Reliable

    Hard-working

    Secure

    Upper-Class

    Glamorous

    Good-looking

    Outdoorsy

    Masculine

    Western

    Honest

    SincereReal

    Spirited

    CoolYoung

    Intelligent

    TechnicalCorporate

    Charming

    FeminineSmooth

    Tough

    Rugged

    Wholesome

    Original

    Imaginative

    Unique

    Successful

    Leader

    Confident

    Cheerful

    Sentimental

    Friendly

    Up-to-date

    Contemporary

    Independent

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    Focus Groups

    5-12 category users in structured location

    Facilitator learns from respondents

    Protocol prepared Open-ended questions used

    Results used to identify themes

    Written report to client and creative team

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    Other Techniques

    Free associations

    Adjective ratings,

    checklists

    Confessional interviews

    Photo sorts

    Archetypal research

    Bubble drawing

    Personification exercises Role playing

    Photo/written journal

    ZMET metaphor elicitation Day/behavior

    reconstruction

    Participatory design

    Consumer led problem

    solving

    Real-life experiencing

    Collaging & drawing Consumer shadowing

    Video observation

    Consumer product

    interaction

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    QUANTITATIVE RESEARCHTECHNIQUES

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    Brand Awareness

    Ability to identify and recall brand elements

    Brand recognition, packaging

    Recall aided, unaided What are the brands that come to your mind

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    Brand Image Sony Playstation

    Sony Playstation is

    fun and exciting,

    cool and hip

    Colorful

    good graphic quality

    variety of software titles

    too violent

    Used by the 20 something male who is serious

    about gaming

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    Image check

    What are the strongest associations you have

    with the brand, What comes to your mind when

    you think of the brand (measures of strength)

    What is good/bad about the brand? What do you

    like/dislike about the brand? (measure of

    favorability)

    What is unique about the brand? What

    characteristics/features does this brand share

    with other brands (measure of uniqueness)

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    Quantitative Techniques

    Recognition measures

    T-scopes, eye tracking

    Package designRecall measures

    Probes to stimulate memory

    Unaided for all brands(top-of-mind) Aided uses cues - attribute & usage probes

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    Image research

    Open-endedmeasures for

    strength, favorability, uniqueness

    Scaling techniques Likert scale for likeliness

    Free-choice for brand attribute association

    Ranking orderof brands

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    Brand Responses

    Purchase intention

    Action -buy for self or as a gift

    Target - types of products and brandContext - store, conditions, occasion

    Time - when, how soon

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    Brand Relationships

    Behavior loyalty

    Brand substitutability

    Other brand resonance dimensions - word-of-mouth, on line

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    Multi dimensional scaling

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    Understanding Brand Attitudes

    Daniel Katz

    Utilitarian function - Need

    Value expressive function - Personality

    Ego-defensive function Bolster a perceived weakness

    Knowledge function decision making

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    Behavioral Loyalty / Substitutability

    Which brand of batteries do you buy?

    Which brand did you buy last time?

    Which brand did you consider buying?

    If the brand had not been available what wouldyou have done (waited, gone to another store,

    bought another brand

    Do you have any batteries right now? Whichbrand are they?

    Which brand of batteries will you buy the next

    time?

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    Susan Fourniers Brand

    Relationship concept

    Interdependence

    Self concept connection

    Commitment Love/passion

    Intimacy

    Partner quality

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    Consumer Brand Relationships Arranged Marriage

    Casual / friendly relation

    Marriage of convenience

    Committed partnership

    Best friendship

    Compartmentalizedfriendship

    Kinship

    Rebound relationship

    Childhood relationship

    Courtship

    Fling

    Enmity

    Enslavement Secret affair

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    Summary of Research methods Qualitative

    Free associations

    Ratings

    Projective

    Photo sorts

    Bubble, story telling Personification

    Experiential

    Quantitative

    Awareness

    Image - Strength,favorability, uniqueness

    Judgments, feelings

    Loyalty Relationship measures