Upload
yr
View
1.450
Download
10
Embed Size (px)
DESCRIPTION
Want to know who will win when Chile goes up against Australia? We can’t predict the final goal count, but we can tell you who would win when we compare two of the countries' strongest brands! Y&R has created its own Brand World Cup tournament using our BrandAsset® Valuator (BAV) data to celebrate the competing countries through culturally significant brands. BAV is the world’s longest-running quantitative study of brands— actively tracking 50,000 brands in hundreds of categories in 51 countries.
This summer’s World Cup promises to be the most engaging and exciting sporting event yet. Thirty-two countries will go head to head to earn football’s top honor in what’s sure to be the most watched sporting event in history.
And while we can’t predict for sure who’ll win, Y&R created its own Brand World Cup tournament using our BrandAsset® Valuator (BAV) data to celebrate the competing countries through culturally significant brands.
BAV is the world’s longest-running quantitative study of brands— actively tracking 50,000 brands in hundreds of categories in 51 countries.
VS.CHILE AUSTRALIA
1Scores are based on in-market data
HOW WE DID IT
First, we worked with our local offices to find leadership brands that shared the same “persona”— similar attributes— as their native countries. For instance, BAV data shows Spain is seen as Unique, Trustworthy, Friendly and Stylish. Attributes that are also shared by the popular clothing retailer Zara.
Then, using our wealth of BAV brand data,1 we compared the hometown hero brands on various metrics in a head to head matchup.
This matchup: SODIMAC (a home improvement retail chain) vs. Vegemite (a food spread). But enough talk…it’s game on!
1All scores shown are based on in-market data
0%
50%
100%
150%
200%
250%
300%
350%
400%
450%
Perc
ent D
iffer
ence
Orig
inal
Hea
lthy
Trad
ition
al
Auth
entic
Goo
d Va
lue
Uni
que
Sim
ple
Dow
n to
Ear
th
Fun
Rel
iabl
e
Stra
ight
forw
ard
Cha
rmin
g
Best
Bra
nd
Wor
th M
ore
Dis
tinct
ive
Hig
h Q
ualit
y
Frie
ndly
Inde
pend
ent
Diff
eren
t
Inno
vativ
e
Car
es A
bout
Cus
tom
ers
Hig
h Pe
rform
ance
Dyn
amic
Up
To D
ate
Soci
ally
Res
pons
ible
Prog
ress
ive
Obl
igin
g
Tren
dy
Rug
ged
Visi
onar
y
Upp
er C
lass
Styl
ish
Pres
tigio
us
Inte
lligen
t
Hel
pful
We looked at each brand’s personality strengths compared to the other’s, to review their starting lineup. For instance, Vegemite, when compared to SODIMAC, is seen as more different, fun and original— in fact, it’s the No. 1 original brand (out of almost 1,400) in Australia. SODIMAC is seen as more innovative, dynamic and stylish.
THE LINE UP
is stronger on is stronger on
VS.99.6 97.5
The higher the Brand Asset score, the stronger the brand is in its cultural “brand landscape.”
BRAND ASSET SCORE BRAND ASSET SCORE
First we looked at a brand’s Brand Asset score— their overall performance score based on four key pillars:
DIFFERENTIATION: Examines a brand’s unique meaning, dynamism and energy—what it is that enables it to stand out and capture the attention of consumers.
RELEVANCE: Measures the connection brands have to people—how meaningful and relevant they are in the lives of consumers.
ESTEEM: Captures how a brand lives up to its promise—how highly consumers respect and regard it.
KNOWLEDGE: Measures the depth of understanding consumers have for a brand, and is the culmination of the brand-building process.
Then we dug deeper to explore how the brands stacked up on each pillar:
DIF REL EST KNO
100
80
60
40
20
0
87%94%
FIRST HALF
99% 96%100%
97% 99% 99%
Vegemite is preferred 9.6% more, has 72% greater loyalty and commands 78% greater pricing power than SODIMAC.
While a Brand Asset score can show a brand’s overall position in the marketplace, brand advocacy levels are also important for measuring a brand’s cultural relevance and strength.
PREFERENCE
PRICING POWER
LOYALTY
SECOND HALF
Not bad for a 92-year-old veteran of the game – given that it’s difficult for a food brand to score high, and especially one made from leftover brewers’ yeast extract!
BRAND ASSET
DIFFERENTIATION
RELEVANCE
ESTEEM
KNOWLEDGE
PREFERENCE
LOYALTY
PRICING POWER
Well, this matchup was a close one. SODIMAC has a higher Brand Asset score (driven by its greater Relevance, Esteem and Knowledge), showcasing its stature in the marketplace.
Vegemite, on the other hand, has higher Differentiation— the leading indicator of a brand’s future growth, giving it more momentum.
The game turned in the second half with Vegemite pulling ahead with higher scores in preference, loyalty and pricing power.
GOOOOOOOAAAAAAAAAAAL!
AND THE WINNER IS...
SODIMAC VEGEMITE
Like any good coach, BAV can help build your brand’s strength, resilience and stamina to get you to win big in the marketplace. BAV is a brand management tool with 72 universal metrics, the ability to not only be diagnostic but prescriptive, and provides insights about how to build stronger brands.
BAV looks at brands beyond the confines of their categories to identify and understand the roles they play in our culture, in order to build a strategic framework that helps drive marketplace performance. If you’d like to find out more about how BAV and Y&R can help your brand, visit yr.com/bav or email [email protected]
HOW CAN BAV HELP YOU?