Thursday, October 11, 2018

Twenty Research-Based Findings Regarding Brands


I have drawn these findings from a variety of research studies. Most are outlined in my Brand Aid book.

  1. The five drivers of customer brand insistence are awareness, relevant differentiation, value, accessibility and emotional connection.
  2. Brand familiarity and knowledge are the most important components of brand equity, leading to liking, acquisition, retention and profitability. 
  3. A brand's relevant differentiation is highly correlated with its ability to command a price premium and its increased profitability. 
  4. A brand’s perceived quality increases with increases in advertising impressions, regardless of message. 
  5. Media environment affects advertising claims. For instance, quality claims are more effective on elite or prestigious websites because people associate the claim with the media environment. 
  6. Consumers are more apt to relax and accept advertiser recommendations when the tone is that of a friend or an unbiased authority.
  7. Aspirational, upscale, and high status brands have the potential to alienate customers who lack confidence. While these customers might admire these brands, they don’t feel comfortable using them. Building warmth, humor, and less formality into the brands to make them more approachable helps overcome this problem.
  8. When a brand applies a positive label to its potential customers, they are more likely to purchase that brand.
  9. Lifestyle branding associates a brand with a particular lifestyle or type of individual, primarily delivering self-expressive benefits to the customer. A not often considered downside of this approach is the increased competition that it invites from brands in other product or service categories that have decided to associate with the same lifestyle. 
  10. In most product categories, price is the primary purchase incentive for no more than 15 percent to 35 percent of all customers.
  11. Customers share bad brand experiences with approximately twice as many people as they do good brand experiences.
  12. Declining brands tend to lose buyers while the brands’ loyalty and purchase rates stay stable among remaining buyers.
  13. Extending one or more products of an average quality brand into a higher quality segment increases the brand's overall quality perception.
  14. In some sectors, an increase in the consumer base by just one percent is otherwise equivalent to a 10 percent cost reduction.
  15. Suggestive brand names assist with recall of brand benefits that are suggested by the names, but inhibit recall of other subsequently advertised brand benefits.
  16. Country of origin, when known, affects brand perceptions, especially within luxury categories.
  17. Customer experience is the result of these factors: social environment, service interface, retail atmosphere, assortment, price, customer experiences in alternative channels and the retail brand.
  18. “Purchase intent” tends to be inflated for declining brands and understated for emerging brands.
  19. Advertising is often most effective in increasing share of market when brands are so similar that the advertising message is the primary source of differentiation.
  20. Immediate post-purchase brand reinforcement increases a customer's attitudinal loyalty. 

16 comments:

  1. Just follow the steps to Download Moviebox in your smartphone and watch your favorite movies and shows on the go. Here, we will provide complete step by step installation procedure of Movie Box For Android with Moviebox APK latest version.

    ReplyDelete
  2. Topo namorado to amor para whatsapp de perguntas de whatsapp jogos de namorada perguntas em amor de ligans nomes de perguntas para eu nunca pesadao topo collecesa novos imagens amor de fotos de nova 2919 de nuvos perguntas.

    ReplyDelete
  3. There is definately a great deal to find out about this topic. I like all the points you have made.

    Aladdin

    ReplyDelete
  4. I also know the WAGBPro brand that specializes in very useful GB WhatsApp versions

    ReplyDelete
  5. Thanks for the detailed article on this topic. I would like to see more such awesome articles from you. And Also The New Features & Tool Of gb whatsapp Has Arrived Of Year 2022 !! Get It Now -

    ReplyDelete
  6. the information you shared is very interesting, i appreciate your article, you can refer to the font horror ghost by clicking ghastly panic font for fast free download

    ReplyDelete
  7. Good essay. All parts of your website have great functionality. Thank you so much for allowing me to participate. I would love to see more about https://fmwaapps.com. Keep sharing and updating.

    ReplyDelete
  8. the statistics you shared is very exciting, I admire your article, you can refer to the font horror ghost via clicking Fm Whats app for a fast unfastened downloadFM Whatsapp

    ReplyDelete
  9. Fascinating compilation of research-based insights on brands! Your article distills valuable findings, offering a comprehensive understanding. A must-read for marketers and enthusiasts seeking to navigate the dynamic world of branding. FM Whatsapp Download

    ReplyDelete
  10. Estos hallazgos son realmente interesantes y útiles. Tengo una página https://apktodo.net/es/ ¿puedes visitarla y darme más comentarios? Gracias

    ReplyDelete
  11. As a blogger, I find that integrating research into content really boosts engagement. Btw, for anyone into tech, exploring Modsusu apps can be super fun and useful!

    ReplyDelete
  12. Great insights! I’ve found applying these research-based findings can significantly boost user engagement. For example, optimizing my mod apk download site based on user feedback has made a huge difference.

    ReplyDelete
  13. Thanks for sharing these helpful insights on brands! They really shed light on what makes a brand stand out and how to build customer loyalty. I appreciate the clear and useful information—this will definitely help in understanding brand success better. Thanks again!
    Downlaod NBA2K20.


    ReplyDelete
  14. Artikel ini sangat informatif! Aku juga merasa riset berbasis data memang penting, terutama ketika mengembangkan Mod Apk baru. Terima kasih sudah berbagi insight menarik ini!

    ReplyDelete
  15. This article provides valuable insights into research-based findings that can enhance our understanding of effective branding strategies. The emphasis on data-driven approaches is crucial for businesses aiming to differentiate themselves in competitive markets. Leveraging these insights can lead to more informed decision-making and successful brand positioning. For those looking to further refine their writing and research skills, resources like elitewritings.com can offer essential support in producing high-quality content that aligns with these strategies.

    ReplyDelete