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Brand Managers Aiea HI

This page provides relevant content and local businesses that can help with your search for information on Brand Managers. You will find informative articles about Brand Managers, including "The Top Ten Brand Measures: Branding Strategy Insider". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Aiea, HI that can help answer your questions about Brand Managers.

Creative 1
(808) 847-2046
3070 Ukiuki P
Honolulu, HI
 
Bright Light Marketing Group Inc
(808) 524-6441
1001 Bishop St Ste 900
Honolulu, HI
 
Cp Advertising
(808) 521-5391
745 Fort Street Mall
Honolulu, HI
 
The Brand Management Group, LLC
(808) 294-1010
1050 Bishop St. #383
Honolulu, HI
 
American Business Marketing
(808) 738-5088
PO Box 10430
Honolulu, HI
 
Asa Marketing International Llc
(808) 591-8006
1311 Kapiolani Blvd Ste 501
Honolulu, HI
 
Bedrock
(510) 832-6700
1034 Queen St
Honolulu, HI
 
Cg International
(808) 955-5554
1451 S King St
Honolulu, HI
 
Best International Marketing Group
(808) 924-2464
PO Box 88026
Honolulu, HI
 
Abees Inc
(808) 923-7005
2222 Kalakaua Ave Ste 902
Honolulu, HI
 

The Top Ten Brand Measures: Branding Strategy Insider

If a brand manager could only focus on ten measures of brand vitality, these are the measures that I would recommend:

1.    Top-of-mind unaided awareness – Without this nothing else matters. Research shows that the primary impact of any marketing communication is to increase awareness. Brand awareness is highly correlated with brand favorability and quality perceptions.

2.    Relevant differentiation – This is a key indicator of brand health. The primary purpose of a brand is to create relevant differentiation, leading to strong preference among competitive alternatives, at least among the most important target markets. Brands that are perceived to be strongly differentiated tend to grow in share and command price premiums over time.

3.    Perceived value – Value has a numerator and a denominator. That is, there are a bundle of benefits delivered for a certain price. That ratio of benefits to price should deliver a good or superior value as perceived by the target customer.

4.    Perceived accessibility – People should perceive the brand to be easy to find, purchase and use. This is especially important for consumer products, retail dependent brands and other brands highly dependent upon distribution. While the number and location of distribution points is important to this measure, so are hours of operation, payment methods accepted and other factors that contribute to the overall ease of purchase. That is why we measure this as the overall perceived ease of purchase and usage.

5.    Emotional connection – Do people connect with your brand on an emotional level? If so, this is an indicator of high potential for loyalty and referrals. 

6.    Loyalty – The lifetime value of loyal customers is often not fully appreciated. The rule of thumb is that it is 7 to 10 times more costly to gain a new customer than to keep an existing one. The primary measures of this are:
a.    Actual loyalty as measured by ‘share of requirements’ or ‘share of purchases’ and the following attitudinal measures:
b.    Willingness to recommend the brand to a friend,
c.    Repurchase intent (willingness to repurchase the brand considering all of the experiences the customer has had with the brand), and
d.    Switching propensity given different competitive price discount scenarios or brand out-of-stock situations.

7.    Market share – The brand’s share of market for its targeted market segments.

8.    Price premium – The average price premium the brand commands over other brands in its product categories. This can be based upon the actual price premium achieved or customer research that measures the hypothetical premium that the brand could achieve (if it is not charging a significant premium).

9.    Brand as a badge – Brands that serve as self-expressive badges for their customers tend ...

Click here to read the rest of this article from Branding Strategy Insider