Measuring Outcomes of Brand Equity: Capturing Market Performance

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Negocios Internacionales Mapa Mental sobre Measuring Outcomes of Brand Equity: Capturing Market Performance, criado por Pablo Camacho em 18-11-2020.
Pablo Camacho
Mapa Mental por Pablo Camacho, atualizado more than 1 year ago
Pablo Camacho
Criado por Pablo Camacho mais de 3 anos atrás
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Resumo de Recurso

Measuring Outcomes of Brand Equity: Capturing Market Performance
  1. COMPARATIVE METHODS
    1. Studies or experiments that examine consumer attitudes and behavior toward a brand to directly estimate specific benefits arising from having a high level of awareness and strong, favorable, and unique brand associations.
      1. Brand-based comparative approaches
        1. The classic example of the brand-based comparative approach is “blind test- ing” research studies in which different consumers examine or use a product with or without brand identification.
        2. Marketing-based comparative approaches
          1. Marketing-based comparative approaches hold the brand fixed and examine consumer response based on changes in the marketing program.
          2. Conjoint Analysis
            1. Survey-based multivariate technique that enables marketers to profile the consumer decision process with respect to products and brands.9 Specifically, by asking consumers to express preferences or choose among a number of carefully designed product profiles
        3. HOLISTIC METHODS
          1. Holistic methods place an overall value on the brand in either abstract utility terms or concrete financial terms.
            1. Residual Approaches
              1. Is what remains of con- sumer preferences and choices after we subtract physical product effects.
                1. Scanner Panel
                  1. Analysis of brand value based on data sets from supermarket scanners of consumer purchases.
                  2. Choice Experiments
                    1. Measuring brand equity with choice experiments that account for brand names, product attributes, brand image, and differences in consumer sociodemographic characteristics and brand usage.
                    2. Multi-Attribute Attitude Models
                      1. Their approach reveals the relative sizes of different bases of brand equity by dividing brand equity into three components: brand awareness, attribute perception biases, and nonattribute preference.
                      2. Critique
                    3. Valuation Approaches
                      1. It has been argued that adjusting the balance sheet to reflect the true value of a company’s brands permits us to take a more realistic view
                        1. Accounting Background
                          1. Tangible assets
                            1. include property, plant, and equipment; current assets (inventories, marketable securities, and cash); and investments in stocks and bonds.
                            2. Intangible assets
                              1. Are any factors of production or specialized resources that permit the company to earn cash flows in excess of the return on tangible assets.
                            3. Historical Perspectives
                              1. General Approaches
                                1. The cost, market, and income approaches.
                                2. Simon and Sullivan’s Brand Equity Value
                                  1. Technique for estimating a firm’s brand equity derived from financial market estimates of brand-related profits.
                                  2. Interbrand’s Brand Valuation Methodology
                                    1. In developing its brand valuation methodology, Interbrand approached the problem by assuming that the value of a brand, like the value of any other economic asset, was the pres- ent worth of the benefits of future ownership.

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