maureen van wijk - millward brown ireland · jan-00 jan-01 jan-02 jan-03 jan-04 jan-05 jan-06...
TRANSCRIPT
![Page 1: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands](https://reader034.vdocuments.net/reader034/viewer/2022042321/5f0b04f37e708231d42e7422/html5/thumbnails/1.jpg)
1.
Brand Growth Strategy…
How Does it Apply to Ireland? Maureen van Wijk - Millward Brown Ireland
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2.
A Revolution in Tracking
is needed…
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3.
We know it works...justification to the business
-100.0%
0.0%
100.0%
200.0%
300.0%
400.0%
Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11
Stengel Top 50 S&P 500
+393.0%
-7.9%
Strong Brands outperform the S&P top 500 so it is crucial to
understand how our brands are performing, and how they can improve
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4.
…Looking at the growth potential
of some brands in Ireland..
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5.
What’s best for your brand in terms of growth potential?
We have Irish data available and have run 11
categories with 4,500 respondents.
Study is run in cooperation with our WPP
agencies in Ireland
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6.
So…let’s look at an example
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7.
Eddie Rocket’s relevance in the Irish market drives its
potential for the future
Power 21 8 8
Potential 99 41 78
158 179
289
125 92
117 153
110
55
Average 100
Meaningful Different Salient Meaningful Different Salient Meaningful Different Salient
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8.
McDonald’s vs. Eddie Rocket’s – Business Questions..
• Q: What role should McDonald’s play in the category?
• McDonald’s is a clear market leader. Its strong power score is firstly driven by
its very high salience. This contributes to one third of its Power score.
• It also has a high perceived differentiation potential, hence the brand has the
authority, and needs to constantly innovate, as it is performing
very well on meeting its customer needs.
• Q: What brand dimensions should Eddie Rocket’s focus on to grow
share?
• Eddie Rocket’s, for its size, has a very strong brand power, driven by
its relevance in Ireland.
• A key priority growth would be to drive salience (partly related to
distribution).
![Page 9: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands](https://reader034.vdocuments.net/reader034/viewer/2022042321/5f0b04f37e708231d42e7422/html5/thumbnails/9.jpg)
9.
Another example: Car Brands
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10.
POWER
Brands with a HIGH BRAND
POWER SCORE are those
that consumers are more
likely to buy…
VOLUME BOUGHT
(index to average)
LOW
(bottom
1/3rd of
brands)
MEDIUM
(middle
1/3rd of
brands)
HIGH (top
1/3rd of
brands)
Brand equity can be summarised into one number, the
Brand Power Score - a holistic measure of the volume
share which should be delivered by equity
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11.
Mark
et
share
Brand Power share
Brand Power converts to market share
at market average rates: an increase in
brand power is likely to result in
increased market share
Brand Power underleveraged:
Potential to unlock greater share
Stronger share performance
than brand Power
Brand Power can be compared to market share in order
to identify different actions to grow those brands
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12.
Ford has a higher share than its equity, whereas Audi,
BMW and Mercedes have potential to unlock their
stronger equity
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13.
128
165
96
145
107
150
113 89
177
Both Ford and Toyota lack differentiation – but Ford beats
Toyota on salience. Audi really stands out through ‘unique’
as well as ‘dynamism’
Index across all cars in Ireland 2013
Average 100
Meaningful Different Salient Meaningful Different Salient Meaningful Different Salient
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14.
So what would we recommend to:
• Maintain the strong awareness (177).
• Show your target how this car is different from its
competitive set (“feeling different”).
• Once differentiation is increasing there might be
potential to increase price…
• Maintain strong scores on meaningful and in particular
differentiation (uniqueness + dynamism):
• Build upon the Salience index– which could be through
increasing effective spend, distribution or other sales
activation activities
![Page 15: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands](https://reader034.vdocuments.net/reader034/viewer/2022042321/5f0b04f37e708231d42e7422/html5/thumbnails/15.jpg)
15.
…A Quiz..
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16.
Top 3 per category – Power!
Financial
Providers
1.
2.
3.
Beer/Cider
1.
2.
3.
Cars
1.
2.
3.
Comms
Providers
1.
2.
3.
Confectionery
1.
2.
3.
Fast Food
1.
2.
3.
Grocery
1.
2.
3.
Hot Drinks
1.
2.
3.
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17.
Top 3 per category – Power!
Insurance
1.
2.
3.
Soft Drinks
1.
2.
3.
Spirits
1.
2.
3.
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18.
THANK YOU!